$SBI.TO

3 stories mentioning SBI.TOUpdated 6d ago

Every FINWIRES story that references SBI.TO, newest first.

Serabi Gold Up 1.8% in London Trade After Filing NI 43-101 Technical Report for Palito Complex and Coringa Mine

London-listed shares of Serabi Gold (SRB.L, SBI.TO) rose about 1.8% on Thursday after it publicly filed its detailed technical reports of its updated Mineral Reserve estimates and Mineral Resource estimates for its 100% owned Palito Complex and updated Mineral Resource estimates for its 100% owned Coringa Mine, both located in Para State, Brazil, within the Tapajos region.The Palito Complex technical report is dated June 1, and the Coringa Mine technical report is dated June 2, and are both effective Jan. 30, 2026.Shares of the company closed down 7.8% to C$5.59 on Wednesday on the Toronto Stock Exchange.

$SBI.TO

Mining & Metals50d ago

Serabi Gold up in UK Trade as Report Shows 29% Jump in Consolidated M&I Resources For Brazil Mines

Serabi Gold's (SBI.TO) updated mineral resource report for its Palito and Coringa mines in Brazil shows consolidated measured and consolidated (M&I) resources jumped 29% to 731,000 ounces of gold, the company said on Tuesday.The company, which is up 2.4% in UK trade on last look, said the increase compares with 567,400 ounces (2.05 tonnes @ 8.6 grams per tonne) in March 2025 for Palito and April 2024 for Coringa.The report also showed that proven and probable (2P) reserves at Palito totalled 228,400 ounces (1.15 tonnes at 6.2 grams per tonne gold) compared with 147,000 ounces (646,000 tonnes @ 7.1 grams per tonne gold) in April 2025."The healthy increase in our resource estimates confirms the prospectivity of our properties, which is now being unlocked through exploration expenditure backed by our strong balance sheet and cash generation in comparison to our capital constrained history of operation," says chief executive Mike Hodgson.Serabi has initiated the 2026 brownfield exploration program and will provide an update in the second quarter, Hodgson added.Serabi shares were last seen up 2.4% to 3.22 pounds in London trading.

$SBI.TO

Mining & Metals64d ago

Serabi Gold Up 4% In UK Trade After Reporting Q1 2026 Production & Operational Highlights

Serabi Gold plc (AIM: SRB, TSX: SBI), the Brazilian focused gold mining and development company, was at last look up 4% in early afternoon UK trade after announcing production results and operating highlights for Q1 2026Among operational highlights, Serabi cited quarterly gold production of 12,042 ounces, a 20% increase from Q1-2025. It had cash as of March 31, 2026 of US$64.4 million vs $49.2 million as of December 31, 2025. The company said it was now debt free; repaid $5.3 million during the quarter.In other highlights, Serabi also commenced installation of a 4th ball mill at Palito Complex, expected to be operational by Q4-2026 and will increase annual processing throughput to 330ktpa in 2027. Following 12 months of ore sorting success, the company is transitioning from selective open stoping to mechanised sublevel stoping at Coringa, which currently operates under a 3-year GUIA license which expires on January 29, 2027.Mike Hodgson, CEO of Serabi, said: "Both mines have performed well. The ore sorter was instrumental in achieving our record annual production in 2025, and this along with favourable geological continuity of the Coringa veins has allowed us to transition from selective open stoping to the more mechanized sublevel open stoping method, providing many benefits to cost, output and safety. Mechanization of Coringa should be complete by Q3 2026. "Shares in Serabi were up 3.8% in Canada yesterday.

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