Neometals (ASX / AIM: NMT)
Announced it has secured an option, expiring 31 August 2024 to acquire an 80% equity interest of US business, Precious Metals Recovery, LLC.
PMR operates a pilot plant which demonstrates its proprietary hydrometallurgical processing flowsheet to recover precious metals from industrial waste streams. Continue reading
West Red Lake Gold (TSX.V: WRLG)
Announced the appointment of Gwen Preston to the position of Vice President Investor Relations.
Gwen Preston brings over 16 years of experience in the resource sector as a highly regarded and accomplished newsletter writer and speaker. Continue reading
Aris Mining (TSX: ARIS)
Has entered into a binding agreement with MDC Industry Holding Company LLC, whereby, subject to certain customary conditions, Aris Mining will acquire an additional 31% JV interest in the Soto Norte gold-copper project in Colombia and amend the current JV Agreement to account for this change in ownership. Continue reading
Cornish Metals (TSX.V / AIM: CUSN)
West Red Lake Gold Mines (TSX.V: WRLG)
Reported drill results from its 100% owned Madsen Mine located in the Red Lake Gold District of Northwestern Ontario, Canada.
Highlights included 37.33 g/t Au over 2.79m and 5.26 g/t Au over 9.0m at North Austin Zone. Continue reading
Neometals (ASX / AIM: NMT)
Announced the commencement of the final Electrolysis stage of a pilot test work
program by Reed Advanced Materials Pty Ltd.
RAM, the 70:30 Neometals incorporated joint venture, with Mineral Resources Ltd, is commercialising its proprietary ELi™ Process. Continue reading
Impact Minerals (ASX:IPT)
Advised that it has received firm commitments from sophisticated investors for a strategic placement to raise A$3,000,000 (before costs) via the issue of 150,000,000 fully paid ordinary shares in the capital of the Company at an issue price of A$0.02 per Placement Share. Continue reading
Gold Road Resources (ASX: GOR)
Comments in the Australian media are suggesting Gold Road may have appointed a capital advisor, possibly McQuarie Capital, as a defence advisor, to defend a possible bid for the company. Continue reading
Orla Mining (TSX: OLA)
Announced good results for the first quarter ended March 31, 2024.
Q1 gold production was 33,223 ounces and gold sold was 32,046 ounces, and AISC¹ were $909 per ounce of gold sold. Continue reading
Mining Review 19th May 2024
Gold recorded its highest ever (nominal) price this week, $2,413! Silver also shot up, outpacing gold in percentage terms, and closed at $31.46.
Cornish Metals’ share price was pummelled, forcing a “we know of no reason” RNS from the company, which hardly helped. Continue reading
Aris Mining (TSX: ARIS)
Announced its full financial and operating results for the three months ended March 31, 2024(Q1 2024).
Aris announced that it is on track to deliver full-year 2024 guidance while its expansion projects advance in a news release datedApril 15, 2024. Continue reading
Cornish Metals (AIM / TSX.V: CUSN)
Notes the recent decline in its share price and confirms it is unaware of any operational or corporate reason for the price movement.
On April 30, 2024 the Company reported a positive independent Preliminary Economic Assessment for its 100% owned South Crofty tin project located in Cornwall. Continue reading
Calibre Mining (TSX: CXB)
Announced a construction and capital cost update on the Valentine Gold Mine , located in the central region of Newfoundland & Labrador, Canada.
Progress at the Valentine Mine is 64% construction complete, on track for production in Q2 2025. Continue reading
i-80 GOLD CORP. (TSX:IAU)
Reported its operating and financial results for the three months ended March 31, 2024. Continue reading
Karora Resources (TSX: KRR)
Announced financial and operating results for the Q1 2024. The Company’s unaudited condensed interim financial statements and MD&A are posted on SEDAR.
The company recorded record revenue despite a rain affected quarter causing production to fall 9%. AISC remain on track for 2024 guidance. Continue reading
Gold Road Resources (ASX: GOR)
Gold Road has announced its intention to participate in the De Grey Mining Financing announced recently.
It will participate for only A$50.8, million, which dilutes its percentage holding by around 2.9%. Continue reading
West Red Lake Gold (TSX.V: WRLG)
Reported drill results from its Madsen Mine located in the Red Lake Gold District of NW Ontario, Canada.
The drill results are focused on the high-grade South Austin Zone, which currently contains an Indicated mineral resource of 474,600 ounces of gold grading 8.7 gpt. Continue reading
Calibre Mining (TSX: CXB)
Will provide an update on its 100% owned, fully funded Valentine Gold Mine located in Newfoundland & Labrador, Canada on Wednesday May 15, 2024.
Valentine remains on track to reach production during H1, 2025. Continue reading
Karora Resources (TSX: KRR)
Released a joint presentation with Westgold explaining the dynamics of their proposed agreed merger.
The new company will be well financed and a 400,000 Oz Au PA gold producer, with exploration potential. Continue reading
Gold Road Resources (ASX: GOR)
Released an updated presentation for the results quarter ended March 2024.
Production and AISC were effected by torrential rain closing the Gruyere access road. Continue reading
