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
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 revennue despite a rain affected quarter causing production to fall 9%. AISC remain on track for 2024 guidance. Continue reading
West Red Lake Gold Mines (TSX.V: WRLG)
Announced today that, as a result of a review by the British Columbia Securities Commission, the Company is issuing the following news release to clarify certain information.
In an email circulated on behalf of the Company, certain disclosure was made regarding mineral reserves. The Company retracts such statements. Continue reading
Mining Review 12th May 2024
Gold Road Resources are diluting their position in De Grey Mining by not fully participating in the De Grey A$600 million financing.
Thesis Gold and West Red Lake reported good news. Red Pine reported very serious news 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
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
