Argosy Shareprice Lower on Argentina Concerns

Argosy Minerals (ASX: AGY)

The share price has fallen back sharply, and I was wondering if this is due to the falling price of lithium, or is there another reason?

I have discovered there are some enviromentalists in Argentina causing issues for lithium producers, includig the majors, in Salta and Jujuy provinces. Continue reading

Antofagasta to Open the Global Mining Conference

Global Mining Finance Conference

Antofagasta PLC are to Open the Global Mining Finance Conference in London on Thursday the 20th April.

Companies participating now include, Anglo Asian Mining, Ariana Resources, Caracal Gold, East Star Minerals, Great Western Mining, iMEtal, and Rockfire Resources.  Continue reading

Scotgold Plummets After Market Update

Scotgold (ASX / AIM: SCZ)

Scotgold shares plummeted over 63% today after a disastrous market update, where the company highlighted production problems and a lack of cash.

This comes a month or so after a recent placing, and the obvious question is what did they know before they raised the funds?  Investors who paid 40p per share cannot be happy.  Continue reading

Orla Mining Reports Q4 and Year End Results

Orla Mining (TSX: OLA)

Announced the results for the fourth quarter and year ended December 31, 2022.

Gold production during the fourth quarter was 32,017 ounces and total gold production for 2022 was 109,596 ounces, achieving high end of the increased annual production guidance range of 100,000 to 110,000 ounces.  Continue reading

Karora Reports Q4 Record Revenue and Strong Earnings Growth

Karora Resources  (TSX: KRR)

Announced unaudited financial and operating results for the Q4 2022 and full-year  2022.

Highlights are a record revenue of $96.8 million, (45% increase from Q4 2021); net earnings growth of 56% to $9.6 million ($0.06 per share); Operating cash flow increased 30% over Q3 to $36.5 million.  Continue reading

Impact Minerals Acquires 80% interest in Lake Hope

Impact Minerals (ASX: IPT)
Signed a binding term sheet with privately held Playa One to acquire an 80% interest in the Lake Hope High Purity Alumina (HPA) Project in Western Australia.

This has granted the company an opportunity to be a low-cost entrant into the HPA chemical market, which represents a ‘high-margin’ business forecast to grow strongly over the next decade. 

Continue reading

Global Mining Finance Spring Conference Date Announced

Global Mining Finance Conference London

The date of the spring conference has been announced, Wednesday 20th April 2023, commencing at 9.25 am. The venue is the iconic Armourers’ Hall, 81, Coleman St, Moorgate, London.

Sponsored by the TMX Group, the conference features six mining companies and a keynote speaker from the TMX Group, owners of the Toronto Stock Exchange.  Continue reading