Capricorn Metals (ASX: CMM)
Advised that it has entered into a binding agreement with Top Iron Pty Ltd to acquire the prospective Mummaloo Project tenements and physical assets.
The Mummaloo Project covers approximately 219 square kilometres of tenure located contiguous to the north of Capricorn’s Mt Gibson Gold Project in the Murchison region of Western Australia. Continue reading
Capricorn Metals (ASX: CMM)
Advised that it has entered into a binding agreement with Top Iron Pty Ltd to acquire the prospective Mummaloo Project tenements and physical assets.
The Mummaloo Project covers approximately 219 square kilometres of tenure located contiguous to the north of Capricorn’s Mt Gibson Gold Project. Continue reading
Mining Review 26th January 2025
Westgold increased production in Q2 2025.
Gold Road Resources, West Red Lake Gold Mines, and Wesdome made positive news announcements Continue reading
Capricorn Metals (ASX: CMM)
Has entered into an agreement with Peregrine Gold Ltd to acquire the prospective Deadman Flat Project tenements covering approximately 270 square kilometres located contiguous to the Company’s Karlawinda Gold Project tenure in the Pilbara region of Western Australia. Continue reading
Advised that Chief Executive Officer (CEO) Kim Massey will retire at the end of January 2025. Kim has overseen the transition of Capricorn from an advanced exploration company to a low-cost gold producer with multiple growth projects.
Current Chief Operating Officer (COO) Paul Criddle has been appointed CEO, reporting to Executive Chairman Mark Clark, effective 3 February 2025. Continue reading
Capricorn Metals (ASX: CMM)
Ongoing drilling at the Mt Gibson Gold Project (MGGP) has delivered a significant increase of 758,000 ounces (41%) in the Ore Reserve Estimate (ORE).
Update of the April 2023 Pre-feasibility Study confirms MGGP as a transformative, fully funded second mine for Capricorn. Continue reading
Capricorn Metals (ASX: CMM)
Advised that it has entered into an agreement with Latitude 66 Ltd. to acquire the prospective Sylvania Project tenements covering approximately 1,740 square kilometres located contiguous to the Company’s Karlawinda Gold Project tenure in the Pilbara region of Western Australia. Continue reading
Capricorn Metals (ASX: CMM)
Announced it has received firm commitments for an institutional placement of new fully paid shares to raise $200 million (before costs) at an issue price of $6.00 per share.
The placement was strongly supported by existing institutional shareholders. Continue reading
Mining Review 3rd November 2024
Capricorn Metals announced a $200 million financing to increase Karlawinda gold production by 2026.
Gold and silver fell slightly, industrial metals rose a little as US election fever and Chinese economic news ebb and flow. Continue reading
Capricorn Metals (ASX: CMM)
Announced Board approval for the expansion of the KGP. The expansion will incorporate the installation of a new three stage crushing and ball mill circuit to increase processing capacity to 6.5Mtpa.
The average annual gold production from the expanded KGP is expected to be in the order of 150,000 ounces. Continue reading
Market Review for October 2024 Published
The Review featured comments on Ora Banda Mining, Calibre Mining, Capricorn Metals, and G MIning Ventures.
The highlighted company is Cornish Metals. Continue reading
Capricorn Metals (ASX: CMM)
Reported Karlawinda Gold Project Q1 gold production of 25,559 ounces (Q4: 26,835oz) at an all-in-sustaining cost of $1,647 per ounce (Q4: $1,548 per ounce) was in line with expectations as per the FY25 mine plan. Continue reading
Mining Review 27th October 2024
Our watchlist companies produced a plethora of positive drill results this week, Including BPM Minerals, Capricorn Metals, and Thesis Gold.
The price of gold hit a new (nominal) all-time high. Continue reading
Capricorn Metals (ASX: CMM)
Issued a positive exploration update for their two gold projects at Karlawinda and Mt. Gibson, both located in Western Australia. Continue reading
Mining Review 13th October 2024
A quiet week for news of substance from our watchlist companies.
Capricorn Metals announced production was still on track for guidance after a recent weather event. Thesis Gold announced the comletion of a drill program, and Cartier Resources mobilized a drill rig to commence one. Continue reading
Capricorn Metals Limited (ASX: CMM)
Provided a preliminary update on the quarterly production at the Karlawinda Gold Project.
KGP delivered another steady quarter of operations, producing 25,559 ounces of gold, in line with expectations as per the FY25 mine plan. Continue reading
BPM Minerals Ltd (ASX: BPM)
(‘BPM’ or ‘the Company’) is pleased to announce the completion of drilling at the Claw Gold Project in WA.
The Claw Gold Project consists of 33km of highly prospective strike, immediately south along strike of $2.2 billion Capricorn Metals Ltd.’s (ASX: CMM) 3.24Moz Mt. Gibson Gold Project. Continue reading
Mining Review 22nd September 2024
Gold reached a new (nominal) all-time high during the week as the US rate cut lowered the value of the US dollar.
BPM Minerals announced good drill results just south of Capricorn Metals’ Mount Gibson property in Western Australia. Continue reading
Capricorn Metals (ASX: CMM)
Has published an updated corporate presentation, which was presented to investors at the recent Diggers and Dealers Mining Conference in Kalgoorlie, Western Australia. Continue reading
The Capricorn Board is pleased to announce that recent drilling at Bibra, the contiguous Southern Corridor deposit and Berwick at the KGP has contributed to a significant increase in the ORE to 1,428,000 ounces of gold. Continue reading
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