Research analysts covering Skeena Resources.
Recent press releases and 8-K filings for SKE.
Skeena Gold & Silver releases Eskay Creek construction video update
SKE
New Projects/Investments
- Skeena Gold & Silver released a construction video update for its 100%-owned Eskay Creek Gold-Silver Project.
- The company is progressing the Eskay Creek Project towards initial production and cash flow in the second quarter of 2027.
- Eskay Creek is expected to become one of the world's highest-grade and lowest-cost open-pit precious metals mines, with significant silver by-product production.
Feb 17, 2026, 11:50 AM
Skeena Gold & Silver Completes Permitting for Eskay Creek Project
SKE
New Projects/Investments
- Skeena Gold & Silver has received the Environmental Management Act (EMA) Permit, completing the permitting process for its Eskay Creek Gold-Silver Project.
- This EMA Permit represents the final regulatory approval required to advance the project into commercial development.
- The company targets to restart mining operations in the second quarter of 2027.
- The Eskay Creek project is expected to be one of the highest-grade and lowest-cost open-pit precious metals mines globally.
Feb 3, 2026, 11:50 AM
Skeena Resources Secures BC Mines Act Permit for Eskay Creek Project
SKE
New Projects/Investments
Guidance Update
- Skeena Gold & Silver has secured its British Columbia (B.C.) Mines Act Permit (MA) for the Eskay Creek Gold-Silver Project.
- This permit, along with the pending Environmental Management Act (EMA) permit, will represent the final key regulatory approvals required for the commercial development and operation of the project.
- The company anticipates receiving the final EMA permit in February 2026, which is expected to enable initial production at Eskay Creek in the second quarter of 2027.
- Eskay Creek is projected to be one of the highest-grade and lowest-cost open-pit precious metals mines globally.
Jan 28, 2026, 11:00 AM
Skeena Resources Secures Environmental Assessment Certificate for Eskay Creek Project
SKE
New Projects/Investments
Regulatory Approval
- Skeena Gold & Silver has received its Environmental Assessment Certificate (EAC) and Federal Impact Assessment Approval for its Eskay Creek Gold-Silver Project in Northwestern British Columbia, Canada.
- This approval, issued by the B.C. Minister of Mining & Critical Minerals and the B.C. Minister of Environment & Parks and jointly approved by the Tahltan Central Government, represents a major milestone for the Project.
- The environmental assessment process, which concluded with this approval, was initiated in August 2024.
- The Tahltan Nation's consent is embedded within the EAC, marking a historic first in Canada through a Section 7 agreement.
- The Eskay Creek Project is anticipated to be one of the highest-grade and lowest cost open-pit precious metals mines globally, with substantial silver by-product production.
Jan 27, 2026, 11:50 AM
Skeena Resources Reports Q3 2025 Financial Results
SKE
Earnings
New Projects/Investments
Debt Issuance
- Skeena Resources reported a loss and comprehensive loss of $36,797 thousand for Q3 2025, with a loss per share of $(0.32). For the nine months ended September 30, 2025, the loss was $111,078 thousand, with a loss per share of $(0.98).
- The decrease in loss for Q3 2025 compared to Q3 2024 was primarily driven by a significant reduction in exploration and evaluation expenses to $2,681 thousand (Q3 2024: $51,981 thousand) and a gain of $26,767 thousand on marketable securities. This was partially offset by an increased loss on the revaluation of the derivative liability to $48,940 thousand.
- The company's cash and cash equivalents totaled $108,216 thousand as of September 30, 2025. Net cash provided by financing activities for the nine months ended September 30, 2025, was $282,747 thousand, largely due to proceeds from the gold stream of $206,876 thousand and bought deal financing of $88,347 thousand.
- Skeena Resources transitioned its Eskay Creek Project to the development phase at the end of December 2024, resulting in the capitalization of project costs as mineral property, plant and equipment, which increased to $437,742 thousand as of September 30, 2025.
Nov 13, 2025, 10:04 PM
Skeena Resources Closes C$143.8 Million Equity Offering
SKE
New Projects/Investments
- On October 8, 2025, Skeena Resources Limited closed a bought deal offering of 5,991,500 common shares at C$24.00 per common share.
- The offering generated aggregate gross proceeds of C$143,796,000, which included the full exercise of the over-allotment option.
- The company intends to use the proceeds for the continued advancement of its Eskay Creek gold-silver project and for general corporate purposes.
Oct 10, 2025, 1:38 AM
Skeena Resources Limited Outlines Eskay Creek Project Development and Financial Projections
SKE
New Projects/Investments
Guidance Update
Debt Issuance
- Skeena Resources Limited is developing its flagship Eskay Creek gold-silver project in British Columbia, targeting production in 2027. The project is fully financed with a $1 billion Canadian commitment from Orion Resource Partners against an initial CapEx of $765 million Canadian.
- The Eskay Creek project is projected to generate $1.1 billion Canadian in after-tax annual free cash flow and $1.8 billion Canadian in EBITDA during the first five years of production, with an after-tax NPV of $6.1 billion Canadian and an IRR of 86%.
- The company anticipates receiving its environmental assessment certificate in Q4 2025, which is identified as a major catalyst for its share price.
- Eskay Creek is expected to produce 450,000 ounces of gold-equivalent metal per year with a robust grade profile of 5.5 grams per ton equivalent in its initial years, positioning it among the highest-grade open-pit mines globally.
- Management projects a potential market capitalization of $10 billion in two years, up from the current $3 billion, driven by project advancement and cash flow generation.
Oct 9, 2025, 6:30 AM
Skeena Resources Closes C$143.8 Million Bought Deal Financing
SKE
New Projects/Investments
- Skeena Resources Limited closed a bought deal offering on October 8, 2025, raising C$143,796,000 in gross proceeds.
- The offering involved the sale of 5,991,500 common shares at a price of C$24.00 per common share, including the full exercise of the over-allotment option.
- The proceeds from this financing will be used for the continued advancement of the Eskay Creek gold-silver project and for general corporate purposes.
Oct 8, 2025, 12:31 PM
Skeena Resources Announces C$125 Million Bought Deal Financing
SKE
New Projects/Investments
- Skeena Resources Limited announced a bought deal offering of 5,210,000 common shares at C$24.00 per share, expecting to raise approximately C$125,040,000 in gross proceeds.
- An over-allotment option for an additional 781,500 common shares could increase the total gross proceeds to approximately C$143,796,000 if fully exercised.
- The offering is anticipated to close around October 8, 2025, with proceeds allocated to advancing the Eskay Creek gold-silver project, general corporate purposes, and securing liquidity for permitting.
- This financing represents approximately 4.5% dilution to the Company's total market capitalization.
Oct 6, 2025, 10:04 AM
Skeena Resources Announces C$125 Million Bought Deal Financing
SKE
New Projects/Investments
- Skeena Resources Limited announced a C$125 million bought deal financing through the sale of 5,210,000 common shares at C$24.00 per share, led by BMO Capital Markets.
- The proceeds will primarily fund the continued advancement of the Eskay Creek gold-silver project and general corporate purposes, ensuring liquidity for permitting, which is a condition for accessing a US$750 million financing package from Orion Resource Partners.
- The offering, expected to close around October 8, 2025, will result in approximately 4.5% dilution to the Company's total market capitalization.
- As of September 30, 2025, the company had unaudited cash of approximately C$105 million.
- Government permitting for the Eskay Creek project is experiencing an unanticipated delay due to a BC government employee strike, while negotiations for the Impact Benefits Agreement are ongoing.
Oct 2, 2025, 1:21 AM
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