Orla Mining (TSX: OLA)
The website Mining.com has reported that an activist goup in Panama are to protest against the approval by the Panamanian Ministry of the Environement for the Environmetal Impact Assessment for the Cerro Quema copper gold project in that country. Continue reading →
Mining Review 4th June 2023
Once again the price of gold is tumbling after renewed FED hawkish comments about further interest rate rises.
Comments on Ascot Resources, Gold Road Resources, Minera Alamos, Neometals and Pacgold. Continue reading →
Pacgold (ASX: PGO)
Provided an update on step-out drilling progress on the Central and Southern Targets at the Company’s Alice River Gold Project 300km northwest of Cairns, North Queensland. Continue reading →
Neometals Ltd (ASX / AIM: NMT)
Provided an update on the activities of Primobius GmbH, the joint venture company owned 50:50 by Neometals and SMS group GmbH, that is commercialising its lithium-ion battery recycling technology. Continue reading →
Minera Alamos (TSX.V:MAI)
Announced the conclusion of discussions with lenders regarding a funding package tailored for the limited capital requirements associated with the planned construction of the Cerro de Oro gold mine that is currently anticipated to begin next year. Continue reading →
City Investors Circle
The Market Review for May 2023 has been published.
It features a metal price update and names the metl up 74% in May alone, yet is stiull showing a large loss for the year to date.
We feature comments on Oral MIning, Karora Resources, and Silver Tiger Metals. Continue reading →
Ascot Resources (TSX: AOT)
Announced the Company’s unaudited financial results for Q1 2023, and also provided a construction update on the Company’s Premier Gold Project
As of Q1 2023, detailed engineering stands at 99% complete, major procurement is over 95% complete, and project construction excluding mine development is at 35%. Continue reading →
Gold Road Resources (ASX: GOR)
Published an updated corporate presentation for their recent AGM.
Gruyere achieved record performance in 2022, producing 314,647 ounces of gold, with Gold Road’s 50% share of production at an All-in Sustaining Cost (AISC) of A$1,447 per ounce. Continue reading →
Mining Review 28th May 2023
Not much significant news this week, Karora Resources reported record production and Wesdome a new discovery, otherwise the week was quiet on the news front.
Gold fell after hawkish interest rate talk by the FED,but the lithuim price soared. Continue reading →
Rumble Resources (ASX: RTR)
Matthew Banks, a non-executive director of Rumble Resources, bought north of $155,000 worth of the company’s stock in an on-market transaction. Continue reading →
Impact Minerals (ASX: IPT)
Impact Minerals’ MD Dr. Mike Jones, has given a new interview highlighting the prospects for their new, low cost , High Purity Aluminium (HPA) project, Lake Hope.
This has the potential to transform Impact, and be a company maker in it’s own right. Continue reading →
Wesdome Gold Mines (TSX: WDO)
Announced surface exploration drilling results from the Shawkey and Dubuisson zones located east of the Kiena Mine at the Company’s 100% owned Kiena Mine Complex in Val d’Or, Quebec. Continue reading →
Cyprium Metals (ASX: CYM)
Advised the following appointments to the management of the Company.
Cyprium has, with immediate effect, appointed two experienced industry executives, Clive Donner and Milan Jerkovic, to work with the current management team and board. Barry Cahill has resigned from the board. Continue reading →
Lefroy Exploration(ASX: LEX)
Announced details of a significant addition to its growing portfolio of assets in the world-class Goldfields region of Western Australia.
LEX’s wholly owned subsidiaries have entered into an agreement with Franco-Nevada Australia Pty to acquire mineral rights across the Loc45 freehold property, located 35km SE of Kalgoorlie. Continue reading →
Karora Resources (TSX: KRR)
Announced financial and operating results for the first quarter of 2023.
Production of 39,827 ounces exceeded target levels and increased 45% from the first quarter of 2022. Continue reading →
Mining Review 21st May 2023
Neometals and Calidus Resources published positive updates in a week devoid of news of substance.
Most metals also had a poor week, but lithium rose strongly and looks to be on the way back up after a terrible year so far. Continue reading →
Cornish Metals (TSX-V/ AIM: CUSN)
Provided an update on progress at the South Crofty Tin Project , located in Cornwall, SW England. Continue reading →
Maple Gold Mines (TSX.V: MGM)
Provided an update regarding property-wide VMS targeting and plans for a summer field program at the Douay and Joutel Gold Projects located in Québec.
The properties are held by a 50/50 joint venture between the Company and Agnico Eagle Mines. Continue reading →
Goldshore Resources (TSX.V: GSHR)
Has selected Ausenco Engineering Canada Inc. as its lead engineering firm to conduct the preliminary economic assessment (PEA) at the Moss gold project in Northwestern Ontario, Canada. Continue reading →
Calidus Resources (ASX: CAI)
Has published an updated corporate update for a recent mining conference in Australia.
Calidus is recovering from early production teething problems at ther Warrawoona mine in Western Australia. Continue reading →