Mining Review 25th January 2026
Orla Mining and Westgold reported record revenues and strong production for the last quarter, assisted by the higher gold price.
Lefroy Exploration jumped on the commencement of mining at their Lucky Strike mine near Kalgoorlie in Western Australia. Continue reading
Westgold Resources (ASX | TSX: WGX)
Reported record results for the period ending 31 December 2025 (Q2 FY26), with record gold production, higher volume third-party ore purchase, and a record achieved gold price effectively doubling the underlying cash build compared to Q1 FY26. Continue reading
Orla Mining (TSX: OLA; NYSE: ORLA)
Provided an operational update for the fourth quarter and year ended December 31, 2025, as well as 2026 guidance.
Orla exceeded its revised annual consolidated production guidance of 265,000 to 285,000 ounces of gold producing 300,620 oz in 2025. Continue reading
G Mining Ventures (TSX: GMIN)
Provided its operational guidance for 2026 and 2027 regarding its 100%-owned Tocantinzinho Gold Mine, together with a project update on its 100%-owned Oko West Gold Project in Guyana.
Gold production in 2026 is expected to range between 160,000 and 190,000 ounces, representing a modest increase over 2025 at the midpoint of guidance. Continue reading
Lefroy Exploration (ASX: LEX)
Reported the commencement of mining at the Lucky Strike Gold Deposit near Kalgoorlie in Western Australia, causing the share price to jump.
The Lucky Strike Gold Deposit contains an MRE of 1.27Mt @ 1.95 g/t Au for 79,600 ounces of gold. Continue reading
Catalyst Metals (ASX: CYL)
Reported further drill results at the Cinnamon trend, located on the Plutonic Gold Belt.
These latest drilling results have confirmed a high-grade zone along a 400m strike length, which remains open in both directions. Continue reading
New Murchison Gold (ASX: NMG)
Provided an update on recent results and interpretations on the Lydia gold prospect coming from its exploration program.
Best intersections reported from this drilling program included 3m at 32.9g/t Au from 46m incl. 1m at 62.4g/t Au from 47m. Continue reading
Mining Review 18th January 2026
Catalyst Metals, Equinox Gold, and G Mining Ventures all announced record production and revenues. Lahontan Gold drilled thick, shallow gold.
The lithium price is rising quickly, up 63% in a month. Continue reading
Lahontan Gold (TSX.V:LG)
Announced the first results from the 2025 Phase Two drilling program at the Company’s flagship Santa Fe Mine Project located in Nevada’s prolific Walker Lane.
Lahontan has received analytical results for six reverse-circulation rotary (“RC”) drill holes totaling 994 metres. Continue reading
Catalyst Metals ( ASX: CYL)
Recorded quarterly production at Plutonic of 28,176oz of gold under Catalyst ownership.
Settlement of inherited legal dispute paves the way for acceleration of mining and
exploration at Plutonic’s fourth ore source – K2. Continue reading
Equinox Gold (TSX: EQX, NYSE: EQX)
Announced production results for Q4 and year ended December 31, 2025, an update on operations at its two Canadian cornerstone assets Greenstone Gold Mine and Valentine Gold Mine, plus its 2026 production, cost and capital guidance. Continue reading
G Mining Ventures (TSX: GMIN)
Announced its preliminary production results for the fourth quarter and full year ended December 31, 2025, for the Tocantinzinho Gold Mine located in the State of Pará, Brazil.
During the fourth quarter, TZ produced 47,346 ounces of gold, with the mill processing 1,077 kt of ore at an average grade of 1.49 g/t Au and achieving recoveries of 91.8%. Continue reading
West Red Lake Gold Mines (TSX.V: WRLG)
Declared commercial production at its 100% owned Madsen Gold Mine, located in the Red Lake Mining District of Northwestern Ontario, Canada.
The Madsen Mine achieved commercial production as of January 1, 2026. Continue reading
Heliostar Metals (TSX.V: HSTR)
Provided production and cost guidance for 2026 as well as details of growth plans across the portfolio.
The Company plans to produce 50,000-55,000 ounces of gold at by-product cash costs of $1,850-$1,950/oz gold and a consolidated All-In Sustaining Cost (AISC) of $2,025-$2,125/oz gold. Continue reading
Mining Review 11th January 2026
We make some adjustments in our watchlists, with three new entrants in the exploration category, and two Tier 2 companies exiting due to poor performance.
Gold and silver remain strong as silver registers a new nominal all-time high. Continue reading
City Investors Circle Watchlists
We are making some additions to to our watchlists in the exploration tier 4 stage, and deleting a couple of companies from our tier 2 watchlist. Continue reading
Lefroy Exploration (ASX: LEX)
Reported on drilling results targeting the high-grade core of the Burns Gold Deposit. Burns lies within the Company’s Lefroy Gold Project located in the Kambalda-Kalgoorlie gold district of Western Australia. Continue reading
Pacgold (ASX: PGO)
Announced that gold production and initial cash flow is imminent with cyanide irrigation now underway along the western wall of the heap leach pad at the recently acquired White Dam Gold Project, located in South Australia, approximately 80km west of
Broken Hill. Continue reading
G2 Goldfields (TSX: GTWO)
Announced new assay results from the Company’s ongoing diamond drill program at the OKO Project, Guyana.
Gold production is estimated at 298,000 ounces per annum during years 3 through 10. The OKO gold project will contribute significantly to Guyana’s economy. Continue reading
Mogotes Metals. (TSX.V: MOG)
Announced a non-brokered private placement through the issuance of 71,698,113 units at a price of $0.265 per Unit for aggregate gross proceeds of up to C$19,000,000.
The Company welcomes the participation of CD Capital Fund IV L.P., which, has subscribed for C$15,000,000 of the Offering. Continue reading
