Majestic Gold Corp. is pleased to announce that operations have resumed at its Songjiagou Underground Mine , following the successful renewal of its safety production permit. As disclosed in the September 15, 2025 news release, the Company's operations at the SJG Underground Mine were temporarily suspended on September 1, 2025, due to the expiration of its safety production permit. On November 20, 2025, the Company's [...]
Majestic Gold Corp. ) is pleased to announce that its Hong Kong Stock Exchange listed subsidiary, Persistence Resources Group Ltd. , has completed a private placement financing for gross proceeds of $472 million . Pursuant to the Placement, Persistence issued 400 million common shares at a price of HK$1.18 per Share on the HKEX. The Share price of HK$1.18 represents a discount of approximately 19.2% to the closing price [...]
Majestic Gold Corp. is pleased to announce that operations at its Denggezhuang Underground Mine in Muping District, Yantai City, Shandong Province, have resumed following regulatory approval. As disclosed in Majestic's news release dated July 28, 2025, production at the DGZ Mine was suspended after a workplace accident that resulted in a fatality. The Emergency Management Department and Safety Supervision Administration [...]
Majestic Gold Corp. ) is pleased to announce that its 70.5% owned subsidiary, Persistence Resources Group Ltd. , has entered into a private placement financing on the Hong Kong Stock Exchange for gross proceeds of up to HK$472 million . Under the terms of the Placement, Persistence will issue up to 400 million common shares at a price of HK$1.18 per Share on the HKEX. The Share price of HK$1.18 represents a discount of [...]
Majestic Gold Corp. reports that its safety production permit for the Songjiagou Underground Mine expired on September 11, 2025. Yantai Zhongjia Mining Co., Ltd. , a subsidiary of the Company, submitted all required application documents to the Shandong Provincial Emergency Management Department in August 2025 for renewal of the safety production permit. To facilitate the application process and in view that the Emergency [...]
Majestic Gold Corp. is pleased to announce that its Board of Directors has declared a dividend of CAD$0.0072 per common share for a total dividend payout of approximately CAD$7.5 million. The dividend will be distributed on October 9, 2025 to the Shareholders of record at the close of business on September 16, 2025. "This dividend reflects Majestic's continued commitment to returning value to shareholders while [...]
Majestic Gold Corp. announces its financial and operational results for the six months ended June 30, 2025. The following financial results are expressed in US dollars unless otherwise stated. FINANCIAL AND OPERATIONAL HIGHLIGHTS Six months ended June 30, 2025 Gold production was 15,879 ounces, a 2% decrease over the 16,207 ounces produced for the FY2024 comparative period; Revenue was $42.7 million, a 27.1% increase over [...]
Majestic Gold Corp. regrets to report that a hanging wall accident occurred at its Denggezhuang Underground Mine of Yantai City Mujin Mining Company Limited , a subsidiary of the Company. The incident involved a worker who was struck by loose rock while performing risk removal operations. Despite immediate rescue efforts, the worker succumbed to their injuries. Following the incident, the Shandong Provincial Emergency [...]
Majestic Gold Corp. announces that its Board of Directors has granted 24,700,000 stock options to directors, officers, employees and consultants, pursuant to the terms and subject to the conditions of the Company's Stock Option Plan. The stock options were granted on June 30, 2025, with an exercise price of $0.15 per common share and are exercisable for a period of five years from the date of grant. The stock options are [...]
Majestic Gold Corp. is pleased to announce the voting results from its 2025 Annual General Meeting of Shareholders held on June 26, 2025. Shareholders voted in favour of all management nominees and resolutions outlined in the Company's Information Circular. The directors were re-elected to the Board of Directors for the upcoming year include Stephen Kenwood, Chengliang Jiang, Charles Uy, and John Campbell. In addition [...]
Majestic Gold Corp. announces its financial and operational results for the three months ended March 31, 2025. The following financial results are expressed in US dollars unless otherwise stated. FIRST QUARTER HIGHLIGHTS Gold production was 8,230 ounces, a 3.6% increase over the 7,942 ounces produced forthe FY2024 comparative quarter; Revenue was $19.5 million, a 25.2% increase over the $15.6 million in revenue for the [...]
Majestic Gold Corp. announces its financial and operational results for the year ended December 31, 2024. The following financial results are expressed in US dollars unless otherwise stated. FULL YEAR HIGHLIGHTS Gold production was 31,949 ounces for FY2024, a 3.6% increase over the 30,837 ounces produced forFY2023. FY2024 and FY2023 gold production have been impacted by the ongoing expansion work at the SJG open pit [...]