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. 

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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

UEC Intersects 15.94% eU3O8 over 7.0 m

Uranium Energy Corp (NYSE: UEC)

Announced uranium mineralization in drill hole CB-183-1 that grades 7.90% eU3O8 over 14.3 metres, including a subinterval that grades 26.16% eU3O8 over 3.8 metres.

This result expands the footprint of high-grade uranium mineralization at the Sakura Zone at the Christie Lake Project to the northeast approximately 14 metres from CB-178-1. Continue reading

Calidus Warrawoona Gold Mine Record Production in February

Calidus Resources (ASX:CAI)

Provided an update on operations at its Warrawoona Gold Project in February 2023.

A total of 182,000 tonnes of ore at a reconciled grade of 0.89 g/t was processed with 5,005 ounces of gold recovered. This equates to 180 ounces per day or 66,000 ounces annualised.  Continue reading