Cape Town Conferences 2023
The 121 Mining Forum finished yesterday, and I spent some time at Indaba 2023 today before heading to the airport for a plane home a day earlier than the final day of Indaba for a quieter plane.
Some chance, it’s fully booked and people being bounced off. Continue reading
Impact Minerals (ASX: IPT)
Impact surprised a few people when they were included in BHP’s Xplor Program, due to their company size.
Their selection was, of course, for the potential of ther assets, and they have an updated presentation that highlights these. Continue reading
i-80 GOLD CORP. (TSX: IAU)
Announced that it has entered into an agreement with Sprott Capital Partners and CIBC Capital Markets and together with Sprott, in connection with a “best efforts” private placement offerin of up to US$50,000,000 principal amount of secured convertible debentures of the Company. Continue reading
Cape Town 2023
The first major mining conferences of 2023, Indaba and 121 Mining Forums, both had busy first days in sunny Cape Town.
These conferences are very popular with fund managers and investors from London taking the opportunity to spend a few days away from the cold and rain in the UK, and this year is no exception. Continue reading
Gold was pummelled at the end of the week after strong US jobs data dissapated anticipation of an early stop to rate hikes and the “pivot”.
Orla Mining again delighted their shareholders, whilst another favourite, Mnera Alamos, disappointed theirs. Continue reading
Orla Mining (TSX: OLA)
Provided an update on its 2022 exploration activities at Camino Rojo and provided an overview of its 2023 exploration plans in Mexico.
Updates on Orla’s exploration activities in Nevada, US and Panama will be provided in the first quarter. Continue reading
Argosy Minerals Limited (ASX: AGY)
Advised of further progress at the Rincon Lithium Project, located in Salta Province, Argentina, with 98% of the total works completed for the development of the 2,000 tpa lithium carbonate production operation. Continue reading
Eloro Resources (TSX.V: ELO)
Announced assay results from eight additional diamond drill holes from its definition drilling program at the Iska Iska silver-tin polymetallic project in the Potosi Department, southern Bolivia. Continue reading
Minera Alamos (TSX.V: MAI)
Updated the market for the fourth quarter 2022, and the news was not as good as expected.
Minera have been plagued with a lack of water issue preventing normal operation at Sentana. This caused a big miss on guidance. The company reamins well funded. Continue reading
City investors Circle Market review
The January 2023 Market Review has been published.
It features the three hot metals so far in 2023, plus comments on American Creek Resources, Karora Resources, and Orla Mining. Continue reading
American Creek Resources (TSX.V: AMK)
Reported that project operator and JV partner Tudor Gold has provided a corporate update on the joint venture Treaty Creek gold-copper project, located in the heart of the prolific Golden Triangle Mining Region of Northwestern British Columbia. Continue reading
Mining Review 29th January 2023
Gold and copper had a good week, and tin had an exceptional week, as the markets became more positive about the Chinese economy.
Ascot Resources, Cartier Resources, Karora Resources, and Westhaven Gold all announced good drill results. Continue reading
Calidus Resources (ASX: CAI)
Reported improved results from the last quarter, but the market was disappointed and the stock fell 25% afterwards.
The main issue is the AISC of around AUS$2,000 – 2,200, much higher than we’d like to see, but still well below the price of gold in AUS$ of around AUS$2,800. Continue reading
Wesdome Gold (TSX: WDO)
CEO Duncan Middlemiss would appear to have fallen on his sword after submitting his resignation yesterday after a year of poor performance and missed guidance for Wesdome Gold Mines.
The market has reacted to the recent problems at the company and the CEO has resigned. Normally this is likely to be seen as a positive, but in this case it has unnerved investors. Continue reading
Neometals Ltd (ASX / AIM: NMT)
Has signed a Term Sheet to investigate opportunities with AVL to purchase and further process the co-product vanadium/iron concentrate generated from Neometals’ Barrambie Project, and to co-locate and/or share infrastructure near AVL’s processing
plant site. Continue reading
Cartier Resources (TSX.V: ECR)
Announced drill results below the West Nordeau deposit of the Chimo Mine Gold System from its ongoing drilling program on the Chimo Mine property and contiguous East Cadillac property. properties are located 45 km east of the Val-d’Or mining camp.
Ascot Drilled Its highest grade intercept to date at the Day Zone, 199 g/t Gold Over 1.0 Metre. Continue reading
Karora Resources (TSX: KRR)
Announced a continuation of significant results from gold exploration and infill drilling at the Beta Hunt Mine.
Karora Resources Drills 9.5 g/t Over 7.1 m at Western Flanks Deeps and Extends Potential Mineralized Strike at New Mason Zone to 700 m. Continue reading
Westhaven Gold (TSX.V: WHN)
Announced drill results from its drill campaign at its 100% owned 17,623-hectare Shovelnose gold property.
Results included 6.20 m of 73.51 g/t Gold and 92.37 g/t Silver Within 12.00 m of 39.42 g/t Gold and 51.81 g/t Silver at the Franz Zone.
Mining Review 22nd January 2023
Copper is up as once again supply concerns emerge as more protests erupt in Peru, constraining production in the second largest exporting country.
Ascot Resources, Calidus Resources, Impact Minerals, Minera Alamos, Orla Mining, and TriStar Gold made news this week.
