Cyprium Metals (ASX: CYM)
Announced a 28.4% increase in its Nifty Copper Mine’s Measured Resource Estimate to 940,200 tonnes of contained metals.
The Nifty Copper Mine is located in north-eastern Pilbara region of Western Australia, approximately 330km southeast of Port Hedland. […] Continue reading
Banyan Gold Corp. (TSX.V: BYN)
Announced the analytical results from the first nine diamond drill holes completed in the Company’s 2022 exploration program at the Powerline deposit located on the Company’s AurMac Property, Yukon […] Continue reading
Argosy Minerals Ltd (ASX: AGY)
Advised on further progress at the Rincon Lithium Project, located in Salta Province, Argentina, with 71% of the total works now completed for the development of the modular 2,000 tpa lithium carbonate production operation. […] Continue reading
Global Mining Finance Summer Conference
The lineup for the Global Mining Finance Summer Conference taking place in Moorgate, London, on Tuesday 7th June has been revealed.
Keynote speakers are Alasdair Macleod, Head of Research at Goldmoney, and Rebecca Gordon, CEO of CRU Consulting.
Companies presenting include Anglo Asian Mining, Ariana Resources, Clean Tech Lithium, and Pensana PLC. For full details and to register..[…] Continue reading
Calidus Resources Limited (ASX: CAI)
Announced its first gold pour from the Carbon in Leach (CIL) Circuit, marking the successful completion of commissioning of the full processing circuit at the Warrawoona Gold Project in WA. A total of 33kg of gold was poured.
The occasion has been celebrated by the commissioning of a 24 carat gold commemorative coin. […] Continue reading
Karora Resources Inc. (TSX: KRR)
Announced its financial results and review of activities for the three months ended March 31, 2022.
Costs were significantly higher than guidance as a result of covid 19 infections disrupting the mining staff, and some production was routed through toll mining at a higher cost. […] Continue reading
Calidus Resources Ltd (ASX: CAI)
Announced outstanding results from further rock-chip sampling and mapping by Pirra Lithium at its Spear Hill discovery announced in January 2022
Pirra Lithium is owned equally by Calidus and Haoma Mining. […] Continue reading
Mining Review Sunday Update 15th May 2022
A truly awful week for investors in mining stocks and precious metals, as the strong US dollar pushed down the price of gold, silver, stocks, and bonds.
Chinese copper stocks are low, but the price of copper continues to fall. […] Continue reading
Orla Mining (TSX: OLA)
Recently released their Q1 2022 earnings results.
This is a transcript of their shareholder call which highlights the low AISC of the Camino Rojo project in Mexico. […] Continue reading
Eloro Resources (TSX.V: ELO)
Announced that it has entered into an agreement pursuant to which the Underwriter has agreed to purchase, on a bought deal basis, 1,538,480 units at a price of C$3.25 per Unit for gross proceeds to the Company of C$5,000,060.
This is around a 25% discount to the prevailing price at the time of announcement. […] Continue reading
Colonial Coal (TSX.V: CAD)
CEO David Austin gave an upbeat online presentation yesterday, where he highlighted the potential for the Colonial Coal Peace River assets at the prevailing world coal prices.
Quite simply, with FOB costs of around C$150, and coal fetching over C$500 per tonne, the numbers make a compelling investment case. […] Continue reading
Pure Gold Mining (AIM: PUR / TSX.V: PGM)
What a shambles of a story Pure Gold Mining has become, after such a promising start.
A financing at C$0.15 cents per share has dragged down the share price to a new low as the company desperately scrambles to rebuild their treasury. […] Continue reading
Ascot Resources Ltd. (TSX: AOT)
Announced that the 2022 exploration drilling program has started at its Premier Gold Project in the prolific Golden Triangle of northwestern British Columbia.
The Spring snow melt has enabled drilling to start almost one month earlier than last year. […] Continue reading
Karora Resources Inc. (TSX: KRR)
Announced the appointment of Mr. Tony Makuch to the role of Special Advisor to the Corporation.
Mr. Makuch brings extensive gold industry management, technical and operating experience, most recently as former CEO and director of Agnico Eagle Mines Limited. Continue reading
Calidus Resources Limited (ASX: CAI)
Announced that it has poured the first gold at its Warrawoona Gold Project located in the Pilbara of Western Australia.
The project has now entered the ramp-up phase, with the elution circuit currently
commissioning, paving the way for the first bar sourced from the leach circuit to be
poured next week. […] Continue reading
Mining Review Sunday Update 8th May 2022
Another volatile week for gold, but it fared better than some thought after the half a percent FED rate hike.
Companies in the news this week included, Cabral Gold, Eloro Resources, Fosterville South, Kootenay Silver, and Radisson Mining Resources.
City Investors Circle
This week I attended the Mines and Money Conference in London. Normally this would be at the Design Centre, Islington, but this year the venue has changed.
It was held in the former GLC County Hall building alongside Waterloo station, the same venue in fact as the 121 mining conferences, on the same floor even. The similarities didn’t end there either. {…} Continue reading
Kootenay Silver Inc. (TSX.V: KTN)
Announced drill crews are on site at the Columba high-grade silver project (the “Property”), located in Chihuahua State, Mexico in preparation to begin the 2022 drill program. Two diamond core drills are scheduled to arrive within the next few days. […] Continue reading
Cabral Gold (TSX.V: CBR)
Provided assay results from three diamond-drill holes on two sections in the southern part of the primary Central gold deposit within the Cuiú Cuiú Gold District, Para State, northern Brazil.
Hole DDH268 tested the emerging high-grade zone at Central on section N20870 and returned 9.6m @ 16.4 g/t gold from 164.3m [..] Continue reading
Fosterville South Exploration (TSX.V:FSX)
Reported that the maiden percussion drilling program at Thompson Reef and Prince of Wales Reef within the Reedy Creek target of the Providence Project in Victoria, Australia has returned strong gold grades. Continue reading
