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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

Mining Review 23rd March 2025

Mining Review 23rd March 2025

The high price of gold  came through in some glittering results from Galiano Gold and Wesdome last week. This augurs well for the current quarter as the gold price is significantly higher now.

Gold Road Resources once again reported mechanical problems at Gruyere, which is becoming an annual event, and lowered guidance. Continue reading

Equinox Gold to buy Calibre Mining

Calibre Mining (TSX: CXB)

Have announced they have agreed to be acquired by Equinox Gold in an all share transaction.

The price in 0.31 Equinox shares per Calibre share, which is only a fraction over the current Calibre share price, and a disappointing premum for a company in about to become a significant producer when the Valentine mine commences production. Continue reading

Calibre Mining Announces Record Gold Production

Calibre Mining (TSX: CXB)

Announced financial and operating results for the three months (“Q4”) and full year ended December 31, 2024 (“FY 2024”).

Calibre delivered a record Q4 consolidated gold production of 76,269 ounces, and full year 2024 production of 242,487 ounces, surpassing the revised 2024 annual production guidance. Continue reading

Calibre Mining Expands Mineralization to Surface at Frank

Calibre Mining (TSX: CXB)

Announced additional discovery diamond drill results from its expanded 100,000 metre drill program at the Valentine Gold Mine located in Newfoundland & Labrador, Canada.

Highlights from today’s release include 3.08 g/t Au over 48.2 metres Estimated True Width. Continue reading

Calibre Pours its One-Millionth Ounce of Gold in Nicaragua

Calibre Mining (TSX: CBX)

Announced a milestone, it has produced its one-millionth ounce of gold in Nicaragua since Q4 2019.

The company also announced a maiden Mineral Resource estimate for its Talavera Gold Deposit, located close to it’s Limon Mill, which includes 3,847,000 tonnes of Inferred Mineral Resource averaging 5.09 g/t Au, yielding 630,000 ounces of gold. Continue reading

Mining Review 12th January 2025

Mining Review 12th January 2025

Calibre Mining and Gold Road Resources both declared record gold production in December 2024, after slightly missing guidance earlier in the year.

The price of gold is climbing despite the US dollar and US Treasury rates climbing, a sign of political and economic uncertainty? Continue reading

Calibre Delivers Record Q4 Gold Production of 76,269 Ounces

Calibre Mining Corp. (TSX: CXB)

Announced operating results for Q4 and year ended December 31, 2024, an update on the Valentine Gold Mine, located in Newfoundland & Labrador, Canada and initial 2025 guidance.

Record consolidated Q4 gold production of 76,269 ounces; Nicaragua 66,578 ounces and Nevada 9,691 ounces. Continue reading

Calibre Mining Responds to Condor Gold Announcement

Calibre Mining (TSX: CXB)

Reports that it was referenced in a Condor Gold news release.

Condor Gold initiated the sale process for their La India gold asset two years ago. However, Calibre confirms that it is not currently in discussions with Condor, nor does it have an active offer. At this time, unless Condor is willing to reengage in meaningful discussions, Calibre does not envision completing an acquisition. Continue reading