Fiore Gold (TSX.V: F)
Fiore Gold announced today they had accepted a bid from Calibre Mining for the company. Calibre are based in unfashionable Nicaragua, so Fiore offers them a chance to diversify into a tier 1 jurisdiction.
Fiore shareholders will receive 0.994 of a Calibre common share and C$0.10 in cash for each Fiore common share held[…] Continue reading
Colonial Coal (TSX.V: CAD)
A new research note written by New York and London based Hallgarten Investment Research is positive for Colonial Coal.
What is amusing is the price target given when the report was written a week ago has already been surpassed! A 50% increase in share price in a week means the report may need to be updated […] Continue reading
Mining Review Sunday Update 24th Oct 2021
The story of the week is the 50% rise in price of Colonial Coal (CAD.V), which has long been acknowledged as an incredibly undervalued stock at the asset level, in a tier 1 country, and finally the market is waking up to this fact.
The surprise of the week was an unsolicited bid by Ramelius Resources for Apollo Consolidated (AOP.AX) which was board accepted, and recommended shareholders to do likewise. Then came along Gold Road Resources (GOR.AX), who announced a 19.9% stake in Apollo, effectively blocking Ramelius’ bid as it requires a 90% acceptance. Continue reading
GoldMining Inc. (TSX: GOLD; NYSE American: GLDG)
Announced that it has received a commitment for a US$20 million loan facility with Bank of Montreal.
The Facility will be subject to an interest rate of 3-month USD LIBOR plus 5.65% per annum and customary margin requirements. The Facility will have a maturity of one year, may be extended for an additional one-year period, subject to lender approval, Continue reading
Westhaven Gold Corp. (TSX.V: WHN)
Announced drill results from its ongoing, fully-financed drill campaign at its 100% owned 17,623-hectare Shovelnose gold property.
Highlights included 85.45 Metres Of 1.09 g/t Gold And 2.43 g/t Silver. Continue reading
Apollo Consolidated (ASX: AOP)
Further to the recent offer made by Romelius Resources, with a seven day cutoff, Gold Road (ADX: GOR) have thrown their hat in the ring with an improved offer, all in cash.
This will put the cat amongst the pigeons! Continue reading
Silver Tiger Metals Inc. (TSX.V: SLVR)
Has intersected high grade silver and gold mineralization in the Protectora and Caleigh veins within the El Tigre gold alteration zone approximately 1.7 kilometers north of the historic El Tigre Mine.[…] Continue reading
Global Mining Finance Autumn Conference 3rd Nov. ’21
The first live mining conference in London for two years is taking place at the iconic Armourers’ Hall, 81, Coleman Street, Moorgate on Wednesday 3rd November, commencing at 09.30.
It’s great to be able to meet and network with fellow investors, and a strong turnout is expected. Continue reading
Colonial Coal (TSX.V: CAD)
The share price of Colonial Coal is soaring on the sky high price of steelmaking (coking) coal, and speculation the company may receive M & A activity in the near future.
Every $1 rise per tonne in the price of coking coal just makes the undervaluation of Colonial Coal at the resource level look ever more ridiculous. Continue reading
Apollo Consolidated (ASX: AOP)
Ramelius to acquire Apollo Consolidated Limited (Apollo), 100% owner of the Lake Rebecca Gold Project in Western Australia, via a recommended off-market takeover offer.
Apollo shareholders are to receive an implied Offer price of $0.562 per share comprising $0.34 in cash and 0.1375 Ramelius shares per Apollo share. Continue reading
Mining Review Sunday Update 17th Oct. 2021
Copper and coal remain the key stories at the moment, as a shortage of supplies in both key commodities is driving their prices higher. Colonial Coal (TSX.V: CAD) rose to an all time high on the back of M & A speculation as a result.
Gold had a good week until Friday when US inflation numbers drove erased most of the week’s gains in a flash. Continue reading
Fosterville South Exploration (TSX.V: FSX)
Reported that initial diamond drilling at the Reedy Creek goldfield within the Providence Project in Victoria, Australia has returned high-grade gold assays.
Highlights included 0.7m at 238.1 g/t Gold from 68.70m and 0.80m at 22.5 g/t Gold from 40.80m in diamond drill hole RWD01 […] Continue reading
Cabral Gold (TSX.V: CBR)
Results have been received from 17 additional RC drill holes which were designed to test the extent and continuity of the MG gold-in-oxide blanket which overlies the primary MG gold deposit. Based on these results, the surface area of the blanket has been expanded by at least 20%, to a total of 24 hectares. Continue reading
FIORE GOLD LTD. (TSX.V: F)
Announced preliminary record gold production results for the Company’s fourth fiscal quarter (“Q4”) and the full fiscal year 2021 which ended September 30th, 2021, for its Pan open pit mine.
Fiore also achieved annual production guidance for the third consecutive year. Continue reading
Canuc Resources Corp. (TSX-V: CDA)
Provided an update on the exploration program currently in progress at the Company’s San Javier Ag-Au Project in Sonora State, Mexico.
Three holes have been completed to date. The fourth drill hole (SJ-21-04) is in progress and is currently at a depth of 922 m and ongoing.
ZEN Graphene Solutions Ltd (TSX.V: ZEN)
Announced that it has filed a full international patent application for itsZENGuard™ compound under the Patent Cooperation Treaty (PCT). The company elected to file an international patent due to the global opportunities for its technology.
“We believe ourZENGuard™ technology is a key differentiator in the surgical mask market given its antimicrobial properties” […] Continue reading
Maple Gold Mines Ltd. (TSX.V: MGM)
Announced plans for a 2,500-3,000 metre Phase I drill program based on the recently completed 3D geological and structural model at the Company’s 100% controlled Eagle Mine Property in Quebec, Canada.
The past-producing Eagle-Telbel Mine Trend, which produced 1.1 million ounces of gold between 1974 and 1993 […] Continue reading
Mining Review Sunday Update 10th October
Another poor week for gold, until the US job numbers reported a big miss versus expectations, and then gold ended firmer slightly down from the previous week.
Colonial Coal rose again, as the price of coking coal remains at elevated levels amid reports that some Chinese power plants are burning coking coal due to a shortage of thermal coal. Continue reading
Tinka Resources Limited (TSX.V:TK)
Announced initial high grade copper-gold surface sampling results from the Silvia NW target, one of several prospective areas within the Company’s 100%-owned Silvia Project which was recently acquired (see HERE).
Silvia NW is located in the Huanuco region of central Peru, 30 km from the Company’s flagship Ayawilca project and 90 km along strike south of the Antamina copper mine. Continue reading
ZEN Graphene Solutions (TSX.V: ZEN)
Zen Graphene Solutions, a Canadian, nanotechnology company focused on next-gen healthcare solutions, announces that it has signed a definitive commercial agreement with Trebor Rx (Trebor) for the manufacturing of ZENGuard™-enhanced personal protective equipment, including surgical masks. Continue reading