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Vista Gold Corp. - VGZ STOCK NEWS

Welcome to our dedicated news page for Vista Gold (Ticker: VGZ), a resource for investors and traders seeking the latest updates and insights on Vista 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 Vista 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 Vista Gold's position in the market.

Rhea-AI Summary
Vista Gold Corp. has filed a feasibility study update for the Mt Todd Gold Project in Australia, reflecting changes in project economics and updated cost components. The NI 43-101 Report shows the current outlook for gold prices and foreign exchange rates, with no changes to mineral resources, mine plans, or gold production schedules. The technical data and economic conclusions are similar to the S-K 1300 Report, differing only in formatting and disclosure requirements.
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Vista Gold Corp. (VGZ) announces audited financial results for 2023, with $6.1 million cash at year-end. The company focused on cash efficiency and strengthened its balance sheet with a $20 million royalty transaction. Key initiatives included an internal scoping study for Mt Todd, extending agreements, starting drilling programs, and publishing an inaugural ESG report. The updated feasibility study for Mt Todd showed project economics similar to two years ago. The company reported a net loss of $6.6 million in 2023 compared to $4.9 million in 2022. Vista received $7 million in February 2024 from the Royalty and expects $10 million more in the first half of 2024.
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Rhea-AI Sentiment
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10.97%
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Rhea-AI Summary
Vista Gold Corp. announces the results of the feasibility study update for its Mt Todd gold project in Australia. The study shows an after-tax NPV5% of $1.13 billion and IRR of 20.4% at a $1,800 gold price. The updated study reflects changes in project economics with material capital and operating cost components updated. The company believes that using a gold price of $2,100 and a $0.66 Fx rate would result in an after-tax NPV5% of $1.88 billion and an IRR of 29.6%.
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10.08%
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Vista Gold Corp. (VGZ) mourns the passing of long-standing director W. Durand Eppler, who served on the Board for nearly 20 years. The Company expresses condolences and plans to nominate a new director at the upcoming Annual General Meeting.
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-1.67%
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Vista Gold Corp. (NYSE American and TSX: VGZ) announces the release of its first Environmental, Social, and Governance (ESG) Report, highlighting its ESG performance in 2023 and outlining future goals. The company emphasizes its commitment to responsible and sustainable business practices. Vista will also participate in the 2024 PDAC convention to engage with stakeholders and provide updates on the Mt Todd gold project.
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23.53%
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Vista Gold Corp. announces receipt of $7 million second instalment payment under royalty agreement with Wheaton Precious Metals for Mt Todd gold project in Australia. The $20 million royalty will be used to advance the project and for general corporate purposes.
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2.94%
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Vista Gold Corp. appoints mining executive Mr. Michel Sylvestre as independent director, expanding the Board of Directors. Mr. Sylvestre brings 45 years of industry experience, joining the Health, Safety, Environment and Social Responsibility Committee.
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Vista Gold Corp. provides a strategic update and outlines 2024 priorities for the Mt Todd gold project in Australia. The company aims to realize value for shareholders through a strategic transaction at Mt Todd, focusing on de-risking and demonstrating the project's significant value. Vista plans to commence a drill program to add shallow gold resources, evaluate lower capex staged development strategies, strengthen the balance sheet with recent royalty transactions, and publish its inaugural ESG report in 2024.
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Vista Gold Corp. (VGZ) announces plans to initiate a program at the Mt Todd gold project aimed at increasing near surface gold resources and evaluating a staged development strategy. The 2023 Scoping Study indicated a nominal 5 million tonne per year project with initial capital expenditure of less than US$350 million and initial production of 150,000 – 200,000 ounces of gold per year. The company plans to commence a targeted drilling program of 6,000 – 7,000 meters to upgrade inferred gold resources and further define uncategorized mineralization. Vista expects to undertake additional technical studies to advance the staged development strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.82%
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Rhea-AI Summary
Vista Gold Corp. (NYSE American and TSX: VGZ) has received the first installment payment of $3 million under the royalty agreement with Wheaton Precious Metals Corp. for its Mt Todd gold project in Australia. The $20 million royalty will be used to advance the project and for general corporate purposes.
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Rhea-AI Sentiment
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Vista Gold Corp.

NYSE:VGZ

VGZ Rankings

VGZ Stock Data

69.29M
98.43M
2.92%
27.42%
0.15%
Gold Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
Link
US
Littleton

About VGZ

denver, colorado-based vista gold corp. (nyse mkt and tsx: vgz) is an international gold mining company with a 25-plus year history of gold exploration, development and operations. vista has been successful in the acquisition of projects and has a history of creating shareholder value through strategic transactions. vista is managed by a highly experienced group of mining professionals with a global track record of exploration, development and operational success.