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Catalyst Metals Trident Development Approved to Proceed

Catalyst Metals (ASX: CYL)

Announced that it has received the final environmental approval for development of the Trident Gold Project from the Department of Energy, Mines, Industry Regulation and Safety (DEMIRS).

Catalyst now has all environmental approvals in place to commence mining. Continue reading

City Investors Circle Watchlist adjustments

City Investors Circle Watchlist Changes

After recent meetings with management of a variety of companies, we are making a few adjustments to our tier 3 and 4 watchlists.

Out go a few companies that are producing little in progress and newsflow, and in come a few closer to production and more active, with expectations of strong newsflow. Continue reading

Westgold Report Results For The Period Ending 31 March 2025

Westgold Resources (ASX | TSX: WGX)

Reported record results for the period ending 31 March 2025 (Q3 FY25).

Gold production in Q3 FY25 of 80,107oz Au @ AISC of A$2,829/oz, consistent with the Q2 FY25 production of 80,886oz Au @ A$2,703/oz Gold sales of 78,398oz at an average price of A$4,630/oz, generating revenue of A$363M.

Continue reading

West Red Lake Gold Intersects 48.97 g/t Au over 18.7m

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.

Hole MM25D-12-4669-024 Intersected 18.7m @ 48.97 g/t Au, from 5.3m to 24.0m, Including 2m @ 428.83 g/t Au, from 20.5m to 22.5m. Continue reading

Catalyst Metals acquires Old Highway gold deposit

Catalyst Metals (ASX:CYL)

Announced that it has signed binding documentation to acquire the Old Highway Gold Deposit from Sandfire Resources for A$32.5m.

Old Highway represents an attractive development opportunity for Catalyst. It sits on granted mining leases, and is in close proximity (40km) to the Plutonic mill. Continue reading

Gold Road Agrees to Gold Fields’ Takeover

Gold Road Resources (ASX: GOR)

Has entered into a Scheme Implementation Deed with Gold Fields under which Gold Fields has agreed to acquire 100% of the issued share capital in Gold Road by way of a scheme of arrangement.

The current offer price equates to A$3.40 per share plus around a 35 cent special dividend paid at the end. 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