Calibre Mining (TSX: CXB)
Announced drill results from the Company’s 2024 exploration program within the Limon Mine Complex in Nicaragua, including a new discovery, San Jose, situated approximately 2.5km north of the high-grade Panteon Norte deposit along the VTEM Gold Corridor. Continue reading
Westgold (ASX: / TSX: WGX)
Provided an update in relation to recent mining activities at the Western Flanks orebody at Beta Hunt.
Sediment hosted coarse gold mineralisation confirmed within Western Flanks
Provides significant production upside potential. Continue reading
G Mining Ventures (TSX: GMIN)
Announced the results of its 2024 Preliminary Economic Assessment Study for the development of its wholly owned Oko West Gold Project, located in Guyana. Continue reading
G Mining Ventures(TSX: GMIN)
Announced that it has entered into a purchase and sale agreement to acquire tenements in the Gurupi Gold Belt from wholly-owned subsidiaries of BHP Group Limited (ASX: BHP, NYSE: BHP, LSE: BHP)
This includes the CentroGold Project. Continue reading
American Creek Resources(TSX.V: AMK)
Announced that it has entered into a definitive arrangement agreement dated September 5, 2024 with Cunningham Mining Ltd. pursuant to which CML has agreed to acquire all of the issued and outstanding common shares of American Creek at a price of $0.43 per Share in an arm’s-length, all-cash transaction valued at approximately $207 million on a fully diluted basis. Continue reading
Mining Review 8th September 2024
The major news this week was Ascot Resources placing their mine into care and maintenance so soon after opening the mine for production.
G Mining Ventures declared commercial production at TZ, and Westgold commenced mining at South Junction. Continue reading
Ascot Resources (TSX: AOT)
After careful consideration, the Company has decided that, to enable sufficient mine development, it will suspend operations.
Ascot will focus on mine development until the combination of the Big Missouri and PNL mines can sustainably deliver enough ore feed to profitably run the operation. The Company’s intention is to seek funding to complete the necessary mine development. Continue reading
Westgold Resources (ASX / TSX: WGX)
Announce the commencement of mining of the South Junction Lode within the Bluebird-South Junction mining complex at Meekatharra.
Ramp up targets a 100kt per month run rate for the Bluebird-South Junction mine by Q3 FY25. Continue reading
G Mining Ventures (TSX: GMIN)
Has reached commercial production on time and on budget at its 100%-owned Tocantinzinho Gold Mine located in the State of Pará, Brazil.
Commercial production is defined as a period of 30 consecutive days of operations during which the mill operated at a minimum of 60% of nameplate throughput of 12,890 tonnes per day. Continue reading
Ora Banda Mining (ASX:OBM)
Povided an update on its Riverina and Sand King underground mines which form part of the Davyhurst Gold Project and together are the centrepiece of the Company’s DRIVE TO 150 Project with an outlook annual production of 140,000oz to 160,000oz in FY26. Continue reading
Barton Gold (ASX:BGD)
Announced high-grade assays from the Tarcoola Goldfield at the Tarcoola Gold Project in South Australia. Continue reading
Minera Alamos (TSX V: MAI)
Provided an operations update and select financial highlights from the second quarter of 2024 as well as some guidance regarding improved operations activity so far during Q3. Continue reading
Mining Review 1st September 2024
Calibre Mining and Cornish Metals published drill results.
G Mining Ventures received the Operating licence for TZ. Continue reading
Market Review August 2024
The highlighted company is Faraday Copper.
The review focuses on producing goldminers looking to scale up their operations from cashflow, Calibre Mining, Capricorn Metals, G Mining Ventures, and Ora Banda Mining. Continue reading
G Mining Ventures (TSX: GMIN)
Anounced that it has received the Operational Licenses for GMIN’s 100%-owned Tocantinzinho Gold Project in the State of Pará, Brazil – the last remaining
permitting milestone for commercial operation.
The Project remains on time and budget for commercial production in the second half of 2024. Continue reading
Calibre Mining (TSX: CXB)
Announced additional, near surface, resource expansion drill results from its exploration programs at the Pan Heap Leach Gold Mine, located on the prolific Battle Mountain – Eureka gold trend in Nevada, USA. Continue reading
Gold Road Resources (ASX: GOR)
Released finacial results for H1 2024, which were negatively effected by two months of reduced production due to incessant rainfall and flooding of the mine access road.
The company confirm reduced guidance after the rainfall event. Continue reading
Cornish Metals (AIM / TSX-V: CUSN)
Reported results from the last eight drill holes of the recently completed 14-hole / 8,993m drilling programme at its Wide Formation target, located approximately 1km south of the South Crofty mine. Continue reading
Mining Review 25th August 2024
Gold hit another new (nominal) all-time high during the week.
Aris Mining, Calibre Mining, and Westgold announced positive drill results. Continue reading
