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
Thesis Gold (TSXV: TAU)
Reported an updated Mineral Resource Estimate at the Company’s newly combined 100% owned Lawyers-Ranch Project.
The Project now boasts a combined Measured & Indicated Mineral Resource of 4.0 Moz and an Inferred Mineral Resource of 727 koz. Continue reading
Mining Review 5th May 2024
Calidus Resources had to double the amount of shares on offer in their retail share offer to A$6 million due to investor demand.
Capricorn Metals and West red Lake Gold Mines both released positive updates. Continue reading
Calidus Resources (ASX: CAI)
Announced an update regarding the increase in the maximum size of its Share Purchase Plan (SPP), doubling it from A$3 million to A$6 million.
This increase will allow for the issue of up to 52,173,913 shares and 26,086,957 options, due to investor demand. Continue reading
Galiano Gold (TSX: GAU)
Reported its first quarter 2024 operating and financial results for the Company
Galiano owns a 90% interest in the Asanko Gold Mine located on the Asankrangwa Gold Belt in the Republic of Ghana, West Africa. Continue reading
Capricorn Metals (ASX: CMM)
Announced an exploration update for their Mt. Gibson and KArlawinda gold projects in Western Australia. Continue reading
Global Mining Finance Conferance
The conference has isued an updated agenda for the show on the 21st May 2024.
The leading keynote speaker is Randy Smallwood, President and CEO of Wheaton Precious Metals. Continue reading
Market Review April 2024
Featured new watchlist company Aris Mining, a gold producer based in Colombia with a plan to increase production to 500,000 Oz PA.
Three watchlist companies became involved in M & A activity, G Mining Ventures, Gold Road, and Karora Resources. Continue reading
West Red Lake Gold Mines (TSX.V: WRLG)
Announced an updated Mineral Resource Estimate effective as of March 1, 2024, on its 100% owned Rowan Mine Deposit, located in the Red Lake Gold District of Northwestern Ontario, Canada. Continue reading
Mining Review 28th April 2024
It’s been a busy week for our watchlist companies, with one deal disappearing as quickly as it came as Gold Road withdrew from the Greenstone Mines bid, and then Equinox Gold stepped in and took it for themselves.
G Mining Ventures announced a combination with Reunion Gold, based in Guyana.
Equinox Gold (TSX: EQX)
Announced that it has entered into a binding share purchase agreement with certain funds managed by Orion Mine Finance Management LP to acquire Orion’s 40% interest in Greenstone Gold Mine GP Inc., giving Equinox Gold 100% ownership of the Greenstone Mine in Ontario, Canada. Continue reading
Calidus Resources (ASX: CAI)
Reported on its activities at the 100% owned Warrawoona Gold Project for the March 2024 quarter.
Production totalled 15,118 ounces of gold in the March 2024 quarter (26% increase on the December quarter) at an AISC of A$2,429/oz. Continue reading
Ascot Resources (TSX: AOT)
Poured first gold as a part of the commissioning process at the Premier gold project, located in the Golden Triangle of northwestern British Columbia.
The first gold pour was achieved from gold recovered through the gravity circuit. Continue reading
Gold Road Resources (ASX: GOR)
Advised that it has ceased participation in the current process conducted by Orion Resource Partners in relation to a potential transaction for an interest in Greenstone Gold Mines in Canada. Continue reading
G Mining Ventures (TSX: GMIN)
GMIN and Reunion Gold Corporation (TSX.V:RGD) announced they have entered into a definitive agreement to combine the two companies, setting the stage for the creation of a leading intermediate gold producer. Continue reading
Global Mining Finance Conference – London
The initial line-up of presenting companies has been released for the Spring Conference on Tuesday 21st May 2024, in the City of London.
Presenting include Wheaton Precious Metals, plus three exciting junior mining companies. Continue reading
Mining Review 21st April 2024
Gold Road Resources made the major news this week when they confirmed media speculation that they are negotiating to buy a stake in a Canadian gold mine, and also conformed the resumption of mining at their Gruyere Mine.
Calibre Mining, and West Red Lake Gold reported high-grade gold intercepts. Continue reading
Gold Road Resources (ASX: GOR)
Reported that mining and processing operations have resumed at Gruyere, with consumables transported via the Northern Territory and Warburton to the east of Gruyere, whilst repairs continue on the Great Central Road, Gruyere’s main supply route from the west.
As stated previously, production at Gruyere was impacted by sustained rainfall and extended road closures during March and into April1. Continue reading
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 North Western Ontario, Canada.
The highlight was hole MM24D-07-4198-001 Intersected 1.1m @ 68.36 g/t Au, from 74.25m to 75.35m, Including 0.5m @ 145.44 g/t Au, from 74.85m to 75.35m. Continue reading
