Mining Review 3rd May 2026
Altair Minerals was boosted by a $28 million investment by Endeavour Mining, around a 9.55% stake in the company.
Neighbour Tajiri Resources launched a financing on the back of the recent G Mining acquiring G2 Goldfields news, which has focused interest in the Oko region of Guyana. Continue reading
Market Review April 2026
April produced one standout news release, the acquisition of G2 Goldfields by G Mining Ventures. This has focused attention of other neighbouring explorers in Guyana, such as Altair Minerals and Tajiri Resources.
The Highlighted company is Altair Minerals.
Gold and other metals fluctuated with the news from the American attack on Iran, resulting in higher oil prices and lower gold prices. Continue reading
Altair Minerals (ASX: ALR)
Announced that is has received a firm commitment from Endeavour Gold Corporation, a wholly owned subsidiary of Endeavour Mining plc for a placement of 656,264,364 fully paid ordinary shares in Altairat an issue price of A$0.043 per Placement Share, raising ~A$28.2 million.
The Placement has been exclusive to Endeavour, who is expected to become a 9.90% shareholder of Altair. Continue reading
