Welcome to our dedicated news page for Seabridge Gold (Ticker: SA), a resource for investors and traders seeking the latest updates and insights on Seabridge Gold.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Seabridge Gold's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Seabridge Gold's position in the market.
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Seabridge Gold (TSX: SEA) (NYSE: SA) plans to conduct a new drill program at their Iskut Project in northwest B.C. to search for copper-gold porphyry deposits. The focus will be on identifying the source of the intermediate sulfidation epithermal mineral systems discovered in the previous program.
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Seabridge (SA) sets ambitious objectives for 2024, focusing on joint venture agreements, funding, resource growth, cybersecurity, environmental approvals, and more.
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Seabridge Gold (SA) reports a net loss of $29.3 million in 2023, primarily due to non-cash remeasurement of Secured Note liabilities. The company invested $69.7 million in mineral interests during the year, with net working capital at $54.5 million. Seabridge holds 100% interest in various North American gold projects, including the KSM project in British Columbia.
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Seabridge Gold (SA) releases its 2023 report card, detailing the success of achieving 14 specific objectives set in the previous year. The company holds interests in various North American gold projects, including the KSM project, Iskut project, Courageous Lake project, Snowstorm project, and 3 Aces project. For more details on mineral reserves and resources, visit the company's website.
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Seabridge Gold (SA) announces improved economics for its Courageous Lake project in Canada's Northwest Territories. The 2024 PFS and PEA show significant enhancements over the 2012 study, including a 73% increase in after-tax NPV to US$523 million, reduced initial capital by 50% to US$747 million, increased after-tax IRR to 20.6%, and a 38% rise in estimated measured and indicated gold resources to 11 million ounces.
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Seabridge Gold announced successful 2023 drill results at their 3 Aces project in Canada's Yukon, confirming key parameters controlling gold deposition and identifying continuous mineralization. The updated 3D model indicates the likelihood of continuous mineralization between historical deposits, with high-grade zones found in favorable regional fold architecture. CEO Rudi Fronk highlighted the breakthrough, providing tools for identifying new targets and expanding known gold zones.
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Seabridge Gold (SA) announced updated Mineral Resource Estimates for the Iron Cap and Kerr deposits at its KSM Project in British Columbia. Inferred Mineral Resources increased by 5.9M ounces of Gold, 3.3B pounds of Copper, 55.4M ounces of Silver, and 51M pounds of Molybdenum. Indicated Mineral Resources increased by 0.3M ounces of Gold, 0.2B pounds of Copper, 3.5M ounces of Silver, and 2M pounds of Molybdenum. The updated estimates reflect gains from consistent application of metal price parameters, and the resource models remain unchanged from the previous statement.
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Seabridge Gold (SA) has donated $25,000 to the Dr. R.E.M. Lee Foundation in support of a Tier 3 Neonatal Intensive Care Unit (NICU) associated with the rebuilding of the Mills Memorial Hospital (MMH) in Terrace, British Columbia. The NICU will expand birthing capabilities, provide care for pre-term babies, and enable families to stay closer during challenging births. This initiative aims to serve more than 75,000 people, including 28 First Nations, in northwestern BC.
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Seabridge Gold's subsidiary, KSM Mining ULC, has applied for Substantially Started Status for its KSM Project, with the EAC deadline set for July 29, 2026. The company has spent over $997 million since acquiring the project in 2001, with $805 million spent after the EAC issuance in July 2014. Since 2021, $444 million has been invested in construction, focusing on infrastructure development. The project holds the third largest undeveloped copper resource and the largest gold resource globally, making it crucial for the transition to a greener future. Seabridge Chairman and CEO Rudi Fronk expressed gratitude to the BC EAO, First Nations, local workforce, contractors, and indigenous partners for their support, as well as financial backing from Sprott Resource Streaming and Royalty Corp. and Ontario Teachers' Pension Plan.
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Seabridge Gold (SA) announced the results of an updated Preliminary Feasibility Study (the '2024 PFS') for its 100%-owned Courageous Lake project located in Canada's Northwest Territories. The 2024 PFS shows a considerably more sustainable and profitable mining operation than its 2012 predecessor, with reduced initial capital, lower strip ratio, higher grade, and smaller mine footprint. Notable improvements in the 2024 PFS compared to the 2012 PFS include a 38% increase in after-tax NPV5% to US$523 million from US$303 million in 2012, a 50% reduction in initial capital from US$1,522 million to US$747 million, and a 38% increase in estimated measured and indicated gold resources from 8.0 million to 11.0 million ounces.
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Seabridge Gold, Inc.
NYSE:SA
SA Rankings
SA Stock Data
1.39B
79.54M
2.84%
55.12%
4.19%
Gold Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
United States of America
Toronto
About SA
Seabridge Gold is a Canadian company that is pursuing the development of the Kerr Sulphurets Mitchell gold-silver-molybdenum-copper mine in northwest British Columbia. Headquartered in Toronto, the company is listed on the Toronto Stock Exchange and the New York Stock Exchange.