New Zealand’s Preliminary Vote Count Indicates the Continuation of a Pro Mining Government
Key Highlights
- ➤Coalition projected to hold 67 of 131 seats in preliminary results
- ➤RUA GOLD submitted Auld Creek substantive application under Fast-track Approvals Act
- ➤RUA GOLD targets Auld Creek approvals by mid-2027, subject to reviews
- ➤OceanaGold produced 133,400 ounces of gold and 3,400 tonnes of copper
- ➤Royal Gold quarterly revenue reached $464.8 million, up from $252.1 million
Expert Statements
Robert Eckford, CEO of RUA GOLD Inc.
“Submitting our Substantive Application is a major step toward bringing gold and antimony production back to Reefton. Auld Creek has the potential to anchor a wider operation in the Reefton Goldfield, creating skilled employment and opportunities for local businesses while helping address the global antimony supply deficit”
Gerard Bond, President and CEO of OceanaGold Corporation
“During the quarter, we submitted the MP4 application to extend operations at Macraes into the late 2030s, continued to advance the Waihi North Project and Palomino Underground Project, and delivered exceptional high-grade drill results from Wharekirauponga, which demonstrates the significant value creation from our investment in exploration”
Jorge A. Ganoza, CEO and Director of Fortuna Mining Corp.
“Following our July final investment decision on the 30% plant expansion at our flagship Séguéla mine, and with Diamba Sud advancing through the final stages of permitting, we are progressing along a clear growth path”
Christian Milau, President and Chief Executive Officer of Eldorado Gold Corporation
“The third quarter marked an important step forward for Eldorado. Skouries produced first copper-gold concentrate and McIlvenna Bay continued to ramp up following first copper and zinc concentrate”
Bill Heissenbuttel, President and CEO of Royal Gold, Inc.
“Strong third quarter results extended the positive momentum from the first half of the year”
News Provided by Canada News Group on behalf of RUA GOLD Inc.
VANCOUVER, British Columbia, Nov. 10, 2026 (GLOBE NEWSWIRE) -- Canada News Group News Commentary - New Zealand voted on Saturday, November 7, and the count is not finished. In the Electoral Commission’s preliminary results, the three parties of the current governing coalition, National, ACT and New Zealand First, are projected to hold a combined 67 of 131 seats. The Commission says the preliminary results are indicative only and will change after special votes, estimated at approximately 399,365, have been checked and counted, with official results due Friday, November 27. RUA GOLD Inc., which is working through New Zealand’s Fast-track Approvals Act, addressed the preliminary result in a letter to shareholders. Companies mentioned in today’s commentary include: RUA GOLD Inc. (TSX: RUA) (NZX: RGI) (OTC: NZAUF), OceanaGold Corporation (NYSE: OGC), Fortuna Mining Corp. (NYSE: FSM), Eldorado Gold Corporation (NYSE: EGO), Royal Gold, Inc. (Nasdaq: RGLD).
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