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Vista Gold Corp. - $VGZ STOCK NEWS

Welcome to our dedicated page for Vista Gold news (Ticker: $VGZ), a resource for investors and traders seeking the latest updates and insights on Vista Gold stock.

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. (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.
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-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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End-of-Day
-4.65%
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Rhea-AI Summary
Vista Gold Corp. (NYSE American and TSX: VGZ) has entered into a Royalty Agreement with Wheaton Precious Metals Corp. for its Mt Todd gold project in Australia. Wheaton will provide Vista with $20 million in exchange for a 1% royalty on gross revenue from the project. The agreement also includes a Right of First Refusal for Wheaton on any future royalties, streams, or pre-pays pertaining to Mt Todd.
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End-of-Day
36.36%
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Rhea-AI Summary
Vista Gold Corp. (NYSE American and TSX: VGZ) announced unaudited financial results for the quarter ended September 30, 2023, reporting $4.8 million in cash. The company also discussed ongoing work with CIBC Capital Markets, cost reduction measures, and positive reception for a smaller, staged project at Mt Todd. The company's consolidated net loss was $1.5 million, reflecting ongoing cost reduction measures.
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Rhea-AI Sentiment
End-of-Day
-5.88%
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Rhea-AI Summary
Vista Gold Corp. to present at Precious Metals Summit, focusing on reducing initial capex for Mt Todd.
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Vista Gold Corp.

NYSE:VGZ

VGZ Rankings

VGZ Stock Data

58.98M
98.43M
2.92%
27.42%
0.15%
Gold Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
ENGLEWOOD

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.