Mining Review 14th April 2024

Mining Review 14th April 2024

It was another exciting week for gold, with new all time highs being recorded, before a slight pullback late Friday evening.

The big news of the week was Karora Resources announcing a merger with ASX listed Westgold. Capricorn Metals and Orla Mining reported strong starts to 2024. Continue reading

Capricorn’s Karlawinda Mine Delivers Strong Cashflow

Capricorn Metals (ASX: CMM)

Advised that the Karlawinda Gold Project  achieved 26,017 ounces of gold production for the March 2024 quarter.

Gold production for the quarter was in line with the update provided to ASX on 11 March 2024 as a result of in excess of 280mm of rain in the quarter impacting open pit mining activities at KGP. Continue reading

Mining Review 8th January 2024

Mining Review 8th January 2024

We revamped our watchlists into four definable tiers, ranging from producing miners to early stage exploration companies.

We added Calibre Mining and Capricorn Metals to our tier 1 producers, and moved a couple of disappointers down to tier 2 until they start delivering on their stated objectives. Continue reading

City Investors Circle Tier 1 Watchlist Changes

City Investors Circle

As we approach the end of the year it is a good time to reassess our watchlist tiers, by moving achievers up, and non-achievers down into the tiers appropriate for their stage of production or development.

Coming into the top tier 1 include Galiano Gold (restored after overcoming problems at their Asanko Mine), Calibre Mining, and ASX listed Capricorn Metals.  Continue reading

Initiating Coverage of Capricorn Metals

Capricorn Metals (ASX: CMM)

We are initiating coverage of Capricorn Metals, an ASX listed gold producer and exploration and development company based in Western Australia.

Capricorn exactly match our favoured criteria of production in a tier 1 jurisdiction, run by an experienced management team, with initial production and cashflow funding exploration and development of future projects, and organic growth. Continue reading