Mining Review 11th May 2025
Gold Road Resources agreed to be taken over by Gold Fields, after they received an improved offer.
Catalyst Metals acquired the Old Highway Project from Sandfire Resources, and West Red Lake Gold Mines reported on the first bulk sample gold sales from the Madsen Mine. Continue reading
Catalyst Metals (ASX:CYL)
Announced that it has signed binding documentation to acquire the Old Highway Gold Deposit from Sandfire Resources for A$32.5m.
Old Highway represents an attractive development opportunity for Catalyst. It sits on granted mining leases, and is in close proximity (40km) to the Plutonic mill. Continue reading
Catalyst Metals (ASX: CYL)
The securities of Catalyst Metals Limited (‘CYL’) will be placed in trading halt at the request of CYL, pending it releasing an announcement. Continue reading
Mining Review 30th March 2025
The story of the week was the bid for Gold Road Resources by it’s mining partner at the Gruyere Gold Mine, Gold Fields.
Gold Road responded by calling the bid “opportunistic”, and making an alternative bid to buy out Gold Fields from their half of the Gruyere mine.
Catalyst Metals sold a mine and announced some good drill results.
Catalyst Metals Limited (ASX: CYL)
Suspension from Quotation
The securities of Catalyst Metals Limited (‘CYL’) will be suspended from quotation immediately under Listing Rule 17.2, at the request of CYL. Continue reading
Catalyst Metals (ASX: CYL)
Has agreed to sell its Henty Gold Mine In Tasmania to Kaiser Reef (ASX:KAU). This streamlines its asset portfolio to focus on core projects.
Catalyst has retained exposure to Henty’s upside while backing a new management team which will have greater focus on operational execution.
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
Catalyst Metals (ASX: CYL)
Announced first stoping ore at Plutonic East.
Plutonic East is the first of three mines to be developed by Catalyst in its plan to double production across the Plutonic Gold Belt for A$31m over the coming 12-18 months. Continue reading
Mining Review January 2025
City Investors Circle Mining Review for January 2025 has been published.
The highlighted company is Catalyst Metals.
Companies reporting good news included Calibre Mining, Orla Mining, Gold Road Resources and Ora Banda mIning. Continue reading
