New Pacific Metals (NEWP)
Develops Bolivia's Silver Sand, Carangas and Silverstrike precious-metals projects.
New Pacific Metals Reports Signing of Administrative Mining Contracts and Commencement of the 2026 Drill Program at the Carangas Project
VANCOUVER, BC, Aug. 26, 2026 /PRNewswire/ -- New Pacific Metals Corp. (TSX: NUAG) (NYSE-A: NEWP) ("New Pacific" or the "Company") is pleased to report the signing of the Administrative Mining Contracts ("AMCs") for its Carangas Silver-Gold Project (the "Carangas Project"), located in Oruro Department of Bolivia. As previously reported (July 16, 2026 news release), New Pacific successfully completed the prior consultation process on July 6, 2026, obtaining the consent of the Carangas community and other regional stakeholders as required to convert the Carangas Project's existing Prospecting and Exploration Licences ("PELs") to AMCs.
New Pacific Metals: Carangas Creates A Two-Asset Sequencing Opportunity
New Pacific Metals advances two Bolivian silver projects—Carangas and Silver Sand—each offering distinct capital profiles, permitting progress, and development timelines. Carangas' PEA highlights staged expansion, robust scale, and gold diversification, while Silver Sand's PFS demonstrates rapid, capital-efficient production and a low AISC of $10.69/oz. Permitting and community agreements are progressing, with Bolivia's regulatory environment turning more supportive, though jurisdictional and financing risks remain material.
New Pacific Metals: 47% Insider Ownership And $4 Billion Of Silver
New Pacific Metals is rated a cautious Buy, with asset value at spot silver multiples above its current market cap. Silver Sand and Carangas projects could deliver over 18 million ounces of annual silver production, with Carangas offering significant silver-to-gold optionality. NEWP trades at roughly 25% of spot NPV, with a tight cap table and strategic insider ownership supporting potential takeout optionality.
Are Basic Materials Stocks Lagging New Pacific Metals (NEWP) This Year?
Here is how New Pacific Metals Corp. (NEWP) and NWPX Infrastructure (NWPX) have performed compared to their sector so far this year.
New Pacific Metals Stimulated As Illegal Mining Stopped In Bolivia, And Record Silver Prices
New Pacific Metals Corp. (NEWP) is upgraded to Buy (from previous Hold rating), reflecting strong project progress, robust silver prices, and renewed financial certainty. NEWP's Bolivian Silver Sand and Carangas projects are advancing, backed by recent C$40.42M equity financing and strategic investments from Silvercorp and Pan American. At current silver prices, Silver Sand and Carangas projects show NPVs per share of $16.37–$20.35 and $10.43–$12.90, respectively, versus NEWP's $2.84 share price.
New Pacific Metals Delivers Strong Economics for Carangas in Preliminary Economic Assessment
VANCOUVER, BC, Oct. 1, 2024 /PRNewswire/ - New Pacific Metals Corp. (TSX: NUAG) (NYSE-A: NEWP) ("New Pacific" or the "Company") is pleased to report the results of its Preliminary Economic Assessment ("PEA") for the Carangas project (the "Project") in Oruro Department, Bolivia. The PEA is based on the Mineral Resource Estimate (the "MRE") for the Project, which was reported on September 5, 2023, and prepared in accordance with National Instrument 43‐101- Standards of Disclosure for Mineral Projects ("NI 43‐101").
New Pacific Metals (NEWP) Moves to Buy: Rationale Behind the Upgrade
New Pacific Metals (NEWP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
New Pacific Reports Positive Results of Silver Sand Metallurgical Testing
VANCOUVER, BC , April 29, 2024 /PRNewswire/ - New Pacific Metals Corp. (TSX: NUAG) (NYSE American: NEWP) ("New Pacific" or the "Company") is pleased to announce the positive results of its metallurgical test program for its Silver Sand project ("Silver Sand") located in Potosi Department, Bolivia. The test program was conducted to meet the standards required for the Company's upcoming Preliminary Feasibility Study (the "PFS").
New Pacific Metals Announces 2024 Plans for Operations in Bolivia
VANCOUVER, BC , Jan. 31, 2024 /PRNewswire/ - New Pacific Metals Corp. (TSX: NUAG) (NYSE American: NEWP) ("New Pacific" or the "Company") is pleased to outline its 2024 plans for its operations in Bolivia. Andrew Williams, President and CEO, states: "2024 is expected to be a pivotal year for New Pacific.
New Pacific Announces 2023 AGM Results and Appoints New Directors
VANCOUVER, BC , Dec. 1, 2023 /PRNewswire/ - New Pacific Metals Corp. ("New Pacific" or the "Company") (TSX: NUAG) (NYSE American: NEWP) is pleased to report that all matters submitted for approval at New Pacific's annual and special meeting of shareholders held today ("AGM") as set out in the Company's Notice of Meeting and Management Information Circular, both dated October 25, 2023, were approved by the requisite majority of votes cast at the AGM. A total of 135,408,255 common shares, representing 79.23% of the votes attached to all outstanding shares as at the record date for the meeting, were represented at the AGM.
Bolivia is 'ripe for development' says Andrew Williams, CEO of New Pacific Metals
(Kitco News) - Mining is “embedded in the DNA of Bolivian culture,” says Andrew Williams, the newly appointed CEO of New Pacific Metals (TSX:NUAG).
New Pacific Metals Closes C$35 Million Bought Deal Financing
VANCOUVER, British Columbia, Sept. 29, 2023 (GLOBE NEWSWIRE) -- New Pacific Metals Corp. (TSX: NUAG; NYSE American: NEWP) (“New Pacific” or the “Company”) announced today that it has closed (the "Closing") the bought deal financing that was previously announced on September 25, 2023. A total of 13,208,000 common shares of the Company (the “Offered Shares”) were sold under the Offering (as defined below) at a price of C$2.65 per Offered Share (the “Issue Price”) for total gross proceeds of approximately C$35 million (the “Offering”). The Offering was through a syndicate of underwriters (the “Underwriters”), pursuant to the terms of an underwriting agreement between the Company and the Underwriters dated September 26, 2023 (the "Underwriting Agreement").
New Pacific Metals Closes C$35 Million Bought Deal Financing
Not for Distribution in the United States or to U.S. Newswire Services VANCOUVER, British Columbia, Sept. 29, 2023 (GLOBE NEWSWIRE) -- New Pacific Metals Corp. (TSX: NUAG; NYSE American: NEWP) (“New Pacific” or the “Company”) announced today that it has closed (the "Closing") the bought deal financing that was previously announced on September 25, 2023.
New Pacific Metals Announces C$35 Million Bought Deal Financing
Not for Distribution in the United States or to U.S. Newswire Services VANCOUVER, British Columbia, Sept. 25, 2023 (GLOBE NEWSWIRE) -- New Pacific Metals Corp. (TSX: NUAG; NYSE American: NEWP) (“New Pacific” or the “Company”) announced today that it has entered into an agreement with Raymond James Ltd.
New Pacific Metals Announces C$35 Million Bought Deal Financing
VANCOUVER, British Columbia, Sept. 25, 2023 (GLOBE NEWSWIRE) -- New Pacific Metals Corp. (TSX: NUAG; NYSE American: NEWP) (“New Pacific” or the “Company”) announced today that it has entered into an agreement with a syndicate of underwriters (the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 13,208,000 common shares of the Company (the “Common Shares”) at a price of C$2.65 per Common Share, for total gross proceeds of approximately C$35 million (the “Offering”). The Company will also grant to the Underwriters an over-allotment option (the “Over-Allotment Option”) to purchase up to 1,981,200 additional Common Shares (the “Over-Allotment Shares”). The Over-Allotment Option will be exercisable for a period of 30 days following closing.
New Pacific Announces Filing of NI 43-101 Technical Report for the Carangas Project
VANCOUVER, BC , Sept. 18, 2023 /PRNewswire/ - New Pacific Metals Corp. ("New Pacific" or the "Company") (TSX: NUAG) (NYSE American: NEWP) is pleased to announce filing of an independent Mineral Resource Estimate ("MRE") Technical Report for its Carangas Silver-Gold Project (the "Carangas Project") located in Oruro, Bolivia, with an effective date of August 25, 2023 (the "Carangas Technical Report").
New Pacific Metals Announces CEO Transition and New Appointment to the Board
VANCOUVER, BC , Sept. 11, 2023 /PRNewswire/ - New Pacific Metals Corp. (TSX: NUAG) (NYSE American: NEWP) ("New Pacific" or the "Company") announces today that Dr. Rui Feng, New Pacific's founder and Chief Executive Officer ("CEO"), has stepped down as CEO.
Catch The Next Silver Bull With New Pacific Metals
New Pacific Metals Corp. shares receive a Buy rating due to an improved outlook for the silver price. Analysts predict silver shortages in the coming years, supporting the valuation of the company's Silver Sand project. The correlation between silver prices and New Pacific Metals Corp. shares suggests potential for a strong recovery.
New Pacific Metals Reports Inaugural Resource Estimate for the Carangas Project
VANCOUVER, BC , Sept. 5, 2023 /PRNewswire/ - New Pacific Metals Corp. (TSX: NUAG) (NYSE American: NEWP) ("New Pacific" or "the Company") is pleased to report the inaugural independent National Instrument 43‐101 – Standards of Disclosure for Mineral Projects ("NI 43-101") mineral resource estimate (the "MRE") for its 98%-controlled Carangas silver-gold polymetallic deposit (the "Carangas Project") in Bolivia.
NEW PACIFIC REPORTS FINANCIAL RESULTS FOR THE THREE MONTHS AND YEAR ENDED JUNE 30, 2023
VANCOUVER, BC , Aug. 24, 2023 /PRNewswire/ - New Pacific Metals Corp. ("New Pacific" or the "Company") reports its financial results for the three months and year ended June 30, 2023. All figures are expressed in US dollars unless otherwise stated.