West Red Lake Gold Mines (TSX.V: WRLG)
Provided a project update and an outlook on project advancement in the near to medium term for the Madsen and Rowan Mine projects, located in the prolific Red Lake Gold District of Northwestern, Ontario, Canada. Continue reading
Mining Review 8th October 2023
Higher US bond yields were the focus this week as they pushed gold lower, and then on Friday retreated a tad to allow gold to rise into the close.
Neometals issued an update on their Barrambie titanium and vanadium project, announcing they have failed to agree terms with Xinjiang for offtake, and have terminated discussions. Continue reading
Cornish Metals I (TSX.V / AIM: CUSN)
A mineral exploration and development company focused on its projects in Cornwall, United Kingdom, announced that it has released its unaudited financial statements and management, discussion and analysis for the six months ended July 31, 2023. Continue reading
Neometals (ASX / AIM: NMT)
Announced the appointment of career electric vehicle and battery recycling expert, Christian Reiche (M.Sc., B.Sc.) to lead Neometals’ lithium-ion battery (“LiB”) recycling activities. Continue reading
Impact Minerals (ASX: IPT)
Have released a new corporate presentation focusing on their Lake Hope HPA project, located near Norseman and Kalgoorlie in Western Australia. Continue reading
Minera Alamos (TSX.V: MAI)
Announced the results of an independent estimate of the Mineral Resources currently outlined at the Santana gold project in Sonora, Mexico.
The Resource Estimate was prepared in accordance with National Instrument 43-101
Neometals Ltd (ASX & AIM: NMT)
Announced that its wholly owned subsidiary Australian Titanium Pty Ltd has been unable to advance from offtake term sheet to binding take or pay offtake agreement with Jiuxing.
Both parties have invested significant time and money evaluating the feasibility of using Barrambie MGC in Jiuxing’s downstream titanium processing facilities. Continue reading
Global Mining Finance Conference
The conference takes place on Thursday 16th November 2023 at the Pewterers’ Hall, Oat Lane, Barbican, City of London.
The company lineup is nearing completion, and registration is open. Continue reading
Mining Review 1st October 2023
A poor week for gold as “higher for longer” US rate predictions took their toll on the price, taking it down to the mid $1800s, and looking weak.
Westhaven announced good drill results at Shovelnose, Calidus reported increased production potential, and West Red Lake Gold rose on the back of a newsletter promotion. Continue reading
Market Review September 2023
West Red Lake Gold Mines is the company in the spotlight this month.
The best performing Watchlist stocks were Lithium Power International and UEC.
10 Year Treasury yields and the US dollar strength continue to push down the price of precious metals, with FED predictions of “higher for longer”. Continue reading
Gold Road Resources Limited (ASX: GOR)
Advised that it has committed to subscribe in the two tranche institutional placement by De Grey Mining Limited (ASX:DEG) (De Grey) at $1.05 per share, as announced by De Grey on 28 September 2023.
Thus maintains Gold Road’s percentage shareholding in De Grey Mining. Continue reading
West Red Lake Gold (TSX.V: WRLG)
I have followed the story of the Madsen Mine since it was opened by the now defunct Pure Gold Mining, formerley dual listed on the TSX and AIM markets.
Now it is in the hands of West Red Lake Gold at a bargain price, at a cost of literally pennies on the pound, this looks a very attractive propostion, especially with an experienced management team and good shareholder register.
On the 12th September, the “investing Whisperer” wrote a sponsored promotion of WRLG. What puzzles me is their need for a stock promotion currently? Continue reading
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Westhaven Gold (TSX.V: WHN)
Provided an exploration update on its 17,623-hectare Shovelnose gold property. Shovelnose is located within the prospective Spences Bridge Gold Belt, which borders the Coquihalla Highway 30 kilometres south of Merritt, British Columbia. Continue reading
Cyprium Metals (ASX: CYM)
Advised that CYM issued ordinary shares have been reinstated to official quotation and will resume trading upon market open today following the confirmation from ASX of the satisfaction of certain conditions for reinstatement to quotation.
The shares subsequently collpapsed from 10c to 4c as shareholders dumped their holdings in response to the deeply discounted placing. Continue reading
Mining Review 24th September 2023
We announced the initiation of coverage of West Red Lake Gold recently, and they delivered some decent drill results this week.
The other watchlist company reporting good results was Karora Resources, at its Beta Hunt Mine is Western Australia. Continue reading
Cornish Metals (AIM / TSX.V: CUSN)
Reported that it has commenced a 14-hole / 9,000 m exploration drilling programme at the Wide Formation target in the Carn Brea South exploration area, located along the southern boundary of the mine permission area on its South Crofty Tin Project located in Cornwall, United Kingdom, Continue reading
i-80 GOLD CORP. (TSX: IAU)
Announced that it has entered into an amended and restated gold prepay purchase and sale agreement with an affiliate of Orion Mine Finance, pursuant to which the Company has received aggregate gross proceeds of $20 million structured as an additional accordion. Continue reading
Neometals (ASX / AIM: NMT)
Announced that the Australian Patent Office has granted Neometals’ 50% owned
recycling intellectual property subsidiary, A.C.N. 630 589 507 Pty Ltd a patent for the key process steps of its lithium-ion battery recycling process. Continue reading
Global Mining Finance 2023
First details have been announced for the Autumn 2023 Global Mining Finance Conference in the City of London.
The TMX Group sponsored conference has a new venue, six exciting companies are presenting, including three from Canada. Continue reading
