City Investors Circle Mining Review 12th June 2022
This week’s news was dominated by news from down under, with Gold Road and Calidus Resources putting out significant announcements. News from our Canadian watchlist was thin on the ground, with only Westhaven Gold putting out a drilling news release. […] Continue reading
Have published an updated corporate presentation, incorporating the latest news for Pirra Lithium.
Calidus recently confirmed gold production has started, and are now looking to spin out Pirra Lithium and list it on the ASX […] Continue reading
Gold Road Resources (ASX: GOR)
Acceptances for Gold Road’s friendy takeover of DGO have soared since the initial reluctance to accept th original deal, since improved slightly.
GOR now hold around 73%, so close to the 80% target and then the deal is done. […] Continue reading
The PDAC begins in Toronto next Monday
For the first time ever the PDAC, the world’s largest mining trade show, takes place in June this year, delayed due to covid concerns from its traditional frost bite and chilblain inducing March slot.
Sadly the show is smaller this year, and one wonders whether the change of date is partly the reason for that? We won’t know until next year, when, presumably, the how will revert ot its March slot. […] Continue reading
Global Mining Finance Conference, London
The final mining conference in London pre-summer took place yesterday, the Global Mining Finance Conference, and, despite tube strike issues, it was packed with every seat taken, and standing room only at the back.
Headline speakers were Goldmoney’s Head of Research, Alasdair Macleod, and CRU Consulting’s CEO, Rebecca Gordon. They were backed up with solid presentations by Anglo Asian Mining, Ariana Resources, CleanTech Lithium, and Pensana PLC. Continue reading
Westhaven Gold (TSX.V: WHN)
Announce the drill results of his current drill campaign on its 100% owned by 17,623 hectares of Shovelnose Gold ownership.
Good drill intercepts included SN22-213 (38.22 meters 3.36 g/t gold and 11.48 g/t silver) Continue reading
Calidus Resources (ASX: CAI)
Reported a “significant discovery of lithium pegmatite”, which now stretches over a distance of 43 km in the Pilbara region of Western Australia.
As a result, and as predicted here some time ago, Calidus is planning to spin out Pirra Lithium and IPO it on the ASX some time later this year. […] Continue reading
Mining Review Sunday Update 5th June 2022
Companies in the news this week included Cornish Metals, Impact Minerals, Karora Resources, and Wesdome.
Gold was hit by a rising US dollar although the rise might be over now. Continue reading
Wesdome Gold Mines Ltd. (TSX: WDO)
Announced underground exploration drilling results from the Kiena Deep A Zone at the Company’s 100% owned Kiena Mine Complex in Val d’Or, Quebec.
Highlights of the recent drilling was hole 6796W6: 92.1 g/t Au over 50.7 m core length (23.3 g/t Au capped, 5.5 m true width) A1 Zone.
Global Mining Finance Conference – London – June 7th 2022
London hosts its last mining conference before the summer break next Tuesday 7th June, the Global Mining Finance Summer Conference.
Headline Keynote speakers are Alasdair Macleod of Goldmoney, and Rebecca Gordon of CRU Consulting. Companies presenting include Anglo Asian Mining, Ariana Resources, CleanTech Lithium, and Pensana PLC. Continue reading
Cornish Metals Inc.(TSX.V / AIM: CUSN)
Reported that, further to the Company’s news release dated November 3, 2021, it has received TSX-V approval for the issuance of 20,298,333 common shares (“Milestone 1 Shares” or “Shares”) of the Company to Galena Special Situations Ltd (“Galena”) and Tin Shield Productions Inc (“Tin Shield”). Continue reading
Impact Minerals (ASX: IPT)
Dr. Mike Jones, MD of Impact presented to the circle in London yesterday, and impressed investors with a solid presentation of the company’s prospects and projects in Queensland, NSW, and Western Australia.
A prospect generator, Impact holds the potential to reward the patient investor if any one of their prospective projects come to fruition. […] Continue reading
Karora Resources Inc. (TSX: KRR)
Announced that it has entered into a binding agreement to acquire the operating, fully permitted 1 M tpa Lakewood Mill gold processing facility located near Kalgoorlie, Western Australia, approximately 60 kilometres from the Beta Hunt Mine.
The acquisition price of A$80 million is comprised of A$70 million in cash and A$10 million in Karora shares. Karora successfully tolled Beta Hunt material through the Lakewood mill in Q1 2022, achieving 94% Au recovery. […] Continue reading
