Mining Review 18th May 2025
Orla Mining’s Q1 loss disappointed the market and the shares were marked down harshly as a result.
West Red Lake Gold Mining are ramping up to production and the share price is stirring at last. Continue reading
Author Archives: Andrew
Orla Mining’s Q1 Loss Disappoints the Market
Orla Mining (TSX: OLA)
Published Q1 figures that disappointed the market as the Musselwhite costs increased the loss on a short term basis.
Record quarterly gold production of 47,759 ounces and total quarterly gold sold of 46,356 ounces at an AISC of $850 for Camino Rojo only. Continue reading
Capricorn Metals Drilling Update
Capricorn Metals (ASX: CMM)
Published a Quarterly Exploration Update
Assays received from 89 resource definition holes (15,449 metres) since the last update in January 2025 continue to return exceptional results. Continue reading
Mining Review 11th May 2025
Mining Review 11th May 2025
Gold Road Resources agreed to be taken over by Gold Fields, after they received an improved offer.
Catalyst Metals acquired the Old Highway Project from Sandfire Resources, and West Red Lake Gold Mines reported on the first bulk sample gold sales from the Madsen Mine. Continue reading
Mining Review 4th May 2025
Mining Review 4th May 2025
Meeka Metals announced the production of first gold from their St. Anne’s North open pit, in the Murchison region of Western Australia.
It was a calmer week on the markets but with a falling gold price gold producers took some large hits eroding some of the recent gains. Continue reading
Mining Review 27th April 2025
Mining Review 27th April 2025
Capricorn Metals dominated the news this week, first by announing the CEO has stood down whilst he contests a case of assault, and then the company announced a new land acquisition near Mt. Gibson.
Gold trod water, as did most metals as Trump started to backtrack on his tariffs. Continue reading
Capricorn CEO Stands Down During Assault Investigation
Capricorn Metals (ASX: CMM)
The board advises that it has become aware that Chief Executive Officer Paul Criddle has been charged with the offence of aggravated assault, a charge to which he has pleaded not guilty. Paul has been granted leave pending the resolution of this personal matter. Continue reading
Mining Review 20th April 2025
Mining Review 20th April 2025
The price of gold reached a new high and settled up around 2%.
Calibre Mining and Orla Mining announced record production and at lower gold prices than the current level. Continue reading
Capricorn Metals On Track for Production Guidance
Capricorn Metals (ASX: CMM)
Provided a preliminary update on the quarterly production at the Karlawinda Gold Project, which delivered another strong quarter of operations, producing 30,599 ounces of gold.
This result brings year to date production to 84,860 ounces, putting Capricorn in an excellent position to achieve the mid-point of FY25 guidance of 110,000 – 120,000 ounces at a cost guidance range of $1,370 – $1,470 per ounce. Continue reading
Mining Review 13th April 2025
Mining Review 13th April 2025
What a wonderful week for the gold price and producing gold miners. The price of gold soared 6.61% in US dollars, as the dollar fell due to Trump’s tariffs.
Share prices of gold miners responded spectacularly is some cases, with G Mining Ventures, Calibre Mining, and Gold Road rising to new highs, to name but three. Continue reading
Barton Gold Monthly Update
Barton Gold (ASX: BGD)
CEO Alex Scanlon released an update following several positive events recently.
The company has been very active, the trading volume and the share price has been rising. Continue reading
Mining Review 6th April 2025
Mining Review 6th April 2025
It’s been a horrible week for investors in the markets as Trump’s “Liberation Day” tariffs turned the markets upside down.
The price of gold is down modestly, but some of my gold producers have fallen far more. Continue reading
Mining Review 30th March 2025
Mining Review 30th March 2025
The story of the week was the bid for Gold Road Resources by it’s mining partner at the Gruyere Gold Mine, Gold Fields.
Gold Road responded by calling the bid “opportunistic”, and making an alternative bid to buy out Gold Fields from their half of the Gruyere mine.
Catalyst Metals sold a mine and announced some good drill results.
Mining Review 23rd March 2025
Mining Review 23rd March 2025
The high price of gold came through in some glittering results from Galiano Gold and Wesdome last week. This augurs well for the current quarter as the gold price is significantly higher now.
Gold Road Resources once again reported mechanical problems at Gruyere, which is becoming an annual event, and lowered guidance. Continue reading
Calibre Mining Buyout Opposed by Van Eck
Calibre Mining (TSX: CXB)
Van Eck, Calibre Mining’s top shareholder at 8.9% as per a recent declaration, is opposing the takeover of Calibre by Equinox Gold.
I wholeheartedly agree with their opposition, and wonder if their lead will be followed by other institutional investors? Continue reading
Mining Review 16th March 2025
Mining Review 16th March 2025
A busy week with Awale Resources, Cabral Gold, Meeka Metals and Ora Banda Mining all releasing positive drill results.
Gold briefly touched $3,000 before retracing slightly, as the US continues to suck in gold from around the world. Continue reading
G Mining Ventures CEO Named Producer of the Year
G Mining Ventures (TSX: GMIN)
Louis-Pierre Gignac, the Founder, President & CEO of G Mining Ventures, has been named Kitco Mining’s 2024 CEO of the Year in the producer category. Continue reading
Capricorn Delivers Strong Half Year Results
Capricorn Metals (ASX: CMM)
Delivered strong half year results, aided by the strong gold price.
Underlying profit before tax increased by 10% to a $90.7 million from previous
corresponding period, reflecting strong operating performance. Continue reading
Mining Review 9th March 2025
Mining Review 9th March 2025
I attended the world’s largest mining conference, the PDAC in Toronto last week.
Despite another record attendance being declared by the organisers, and a record gold price, I felt a negative vibe in the show, when there should have been a positive feeling. Continue reading
PDAC 2025 Day 1
PDAC 2025 Day 1
It was notably much busier than last year as the 2025 PDAC opened it’s doors.
My first impression is that there are once again a lot of junior early stage exploration companies looking for cash to continue funding a snail’s pace exploration cycle. Continue reading