Calidus Resources (ASX: CAI)
Provided a further update in relation to the upcoming General Meeting and Share Purchase Plan which was first announced on 22 March 2024 titled ‘Restructure positions Calidus for strong growth in cashflow’. Continue reading
Orla Mining (TSX: OLA; NYSE: ORLA)
Provided an interim operational update for the first quarter ended March 31, 2024 and an update on its activities in Panama.
The Camino Rojo Oxide Mine produced 33,223 ounces and sold 32,046 ounces of gold during Q1 2024. Continue reading
G Mining Ventures (TSX: GMIN)
Provided an update on progress made at GMIN’s 100% owned Tocantinzinho Gold Project currently under construction in the State of Pará, Brazil.
With the spot gold price trading at $2,356/oz, the Project is 87% complete and remains on track and on budget for commercial production in H2-2024. Continue reading
Calibre Mining (TSX: CXB)
Announced the operating results for the three months ended March 31, 2024.
Since 2019 Calibre has delivered annual production growth of 28% year on year, with a track record of meeting or beating expectations. Continue reading
Karora Resources. (TSX: KRR)
Karora and Westgold Resources Limited (ASX: WGX) have agreed to combine in a merger pursuant to which Westgold will acquire 100% of the issued and outstanding common shares of Karora by way of a statutory plan of arrangement under the Canada Business Corporations Act. Continue reading
Karora Resources Inc. (TSX: KRR)
Announced consolidated gold production of 36,147 ounces and sales of 40,343 ounces for the first quarter of 2024.
Production was negatively impacted by wet weather during the quarter. Continue reading
Capricorn Metals (ASX: CMM)
Advised that the Karlawinda Gold Project achieved 26,017 ounces of gold production for the March 2024 quarter.
Gold production for the quarter was in line with the update provided to ASX on 11 March 2024 as a result of in excess of 280mm of rain in the quarter impacting open pit mining activities at KGP. Continue reading
Mining Review 7th April 2024
What a memorable week for gold, silver, and copper, up 4%, 10%, and 8% respectively! It was certainly exciting, and lifted the prices of gold mining producers and the funds associated with them, such as GDL, GDX, SIL Etc.
Nevada King Gold Mines and Orla Mining both declared high-grade drill results. Continue reading
Orla Mining (TSX: OLA)
Provided an update on its exploration at the South Railroad Project including 2023 activities and 2024 work plans. This news release presents the second update.
The highlight was 51.8m @ 3.24 g/t Au (Sulphide). Continue reading
Calibre Mining (TSX: CXB)
Announced the 2024 exploration program and review of the exploration potential at the Valentine Gold Mine, located in Newfoundland.
One highlight was 46 gpt gold over 5.3m. Continue reading
Nevada King Gold (TSX-V: NKG)
Announced results from four vertical, reverse circulation (“RC”) holes and one vertical, PQ-diameter diamond core hole completed in the northern portion of the West Atlanta Graben Zone at its Atlanta Gold Mine Project, located in the prolific Battle Mountain Trend, Nevada. Continue reading
Gold Road Resources (ASX: GOR)
Following a substantial and protracted regional rain event reported in early March1, the access roads to the Gruyere Gold Mine were impacted by further significant and atypical rainfall on 19 and 28 March. Continue reading
City Investors Circle
The Australian and UK stock markets are closed today.
Canada and the USA markets are open.
City Investors Circle
The Market Review for March 2024 has been published.
The company highlight features Galiano Gold, and companies reporting significant news were Calidus Resources, Karora Resources, and Orla Mining. Continue reading
Karora Resources (TSX: KRR)
Notes the announcement today by Ramelius Resources Ltd (ASX: RMS) that it is no longer in exclusive discussions with Karora regarding a potential transaction. Karora confirms that it has exited such discussions. Continue reading
Global Mining Finance Conference London
We have been informed that the London Global Mining Finance Conference May 2024 date has been changed due to unforeseen circumstances. Continue reading
Calidus Resources (ASX: CAI)
Announced that their subsidiary company Keras (Pilbara) Gold Pty Ltd has signed a contract with RocketDNA for their “drone in a box” solution. Continue reading
Calidus Resources (ASX: CAI)
Calidus announced an increased shareholding by two UK funds, following the recent capital restructure and financing. Continue reading
Karora Resources (TSX: KRR)
Announced financial and operating results for the fourth quarter (“Q4 2023”) and full-year of 2023.
Production was a record 160,492 ounces, increased 20% from 133,887 ounces for 2023, driven by a 37% increase gold produced from the Beta Hunt Mine. The Company exceeded 2023 production guidance. Continue reading
Cornish Metals (AIM/TSX.V: CUSN)
Announced that it has released its annual audited financial statements and management’s discussion and analysis (“MD&A”) for the period ended December 31, 2023. Continue reading
