Erdene Resource Development (TSX: ERD)
Erdene has just poured first gold on its Mongolian gold project, Bayan Khundi.
The company are looking to self fund an intensive exploration round whilst rapidly paying down debt during the next 12 months.
The first target is a production rate of around 7,000 Oz gold per month within a few months from now. Continue reading
Mining Review 3rd August 2025
The price of copper tanked on the news that Trump isn’t going to tariff all copper imported into the USA.
Equinox gold announced new high-grade gold drill results, and a leadership transition. Continue reading
AIC Mines (ASX: A1M)
Advised that the Eloise Copper Mine has exceeded its FY25 Production Guidance of 12,500t of copper and 5,000oz of gold in concentrate.
AIC was targeting full year FY25 production from Eloise of approximately
12,500t Cu and 5,000oz Au in concentrate at an AISC of approximately A$5.25/lb
Cu and AIC of A$5.50/lb Cu. Continue reading
AIC Mines (ASX: A1M)
Announced new drilling results from resource definition and extension drilling at the
Jericho copper deposit located in North Queensland.
Step-out drilling at the Billabong shoot, 380 metres down-plunge of the nearest
drillhole, returned a high-grade intercept, 5.5m (4.1m ETW) grading 2.4% Cu from 696m. Continue reading
AIC Mines (ASX: A1M)
We are initiating coverage of AIC Mines, a copper and gold production, exploration, and development company located in Queensland, Australia.
AIC’s Chairman is Josef El-Raghy, well known to UK investors for his stewardship of Centamin Egypt from exploration to production, to finally being acquired during some challenging times in the markets and politically in Egypt. Continue reading
Power Metallic Mines (TSX.V: PNPN)
Announced the return of the final 11 holes from the winter 2025 drilling campaign focused on the Lion Zone (9 holes) and Nisk East (2 holes).
Highlights were 3.10 g/t Au, 25.52 g/t Ag, 4.09% Cu, 12.06 g/t Pd, 2.00 g/t Pt – Cu EqRec 1 10.99%.
Cornish Metals (AIM / TSX.V: CUSN)
Announced that Mr. Owen Mihalop, Chief Operating Officer (“COO”), has left the Company with effect from April 25th, 2025 in order to pursue new opportunities. Continue reading
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
Faraday Copper (TSX: FDY)
Announced the results of five drill holes from its ongoing Phase III drill program at the Copper Creek Project, Arizona.
The highlight was 40.06 Metres at 0.78% Copper Within 109.42 Metres at 0.41% Copper at the Boomerang Breccia. 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
Cornish Metals (AIM / TSX-V: CUSN)
Reported results from the last eight drill holes of the recently completed 14-hole / 8,993m drilling programme at its Wide Formation target, located approximately 1km south of the South Crofty mine. Continue reading
Mining Review 21st July 2024
Gold had a poor week, crashing to $2,400 when it looked on the cusp of breaching $2,500.
G Mining Ventures and Karora Resources both announced the closure of their respective business combinations, and Cabral Gold and West Red Lake Mining both announced high grade drill results. Continue reading
Orla Mining (TSX: OLA / NYSE: ORLA)
Announced that, further to its April 10, 2024, news release, the Company has filed a Request for Arbitration against the Government of Panama under the Canada-Panama Free Trade Agreement. Continue reading
Cornish Metals (TSX.V / AIM: CUSN)
Has entered into a binding letter of intent with Northera Resources Ltd. for the sale of the company’s 100-per-cent interest in the Nickel King and Opescal Lake properties for a total consideration of up to $8-million. Continue reading
Mining Review 2nd June 2024
A quiet week news wise, the main news being Anglo American rebutting BHP’s offer for the company.
G Mining and Calibre Mining both published positive project construction updates.
Continue reading
Monthly Review May 2024
Has been published by City Investors Circle.
The highlighted company is Ora Banda Mining, and featured companies include Aris Mining and Karora Resources, plus a potential takeover target in Australia. Continue reading
Cornish Metals (TSX.V / AIM: CUSN)
Cornish Metals (AIM / TSX.V: CUSN)
Notes the recent decline in its share price and confirms it is unaware of any operational or corporate reason for the price movement.
On April 30, 2024 the Company reported a positive independent Preliminary Economic Assessment for its 100% owned South Crofty tin project located in Cornwall. Continue reading
Cornish Metals (AIM / TSX-V: CUSN)
Announced today the departure of Chief Executive Officer Richard Williams, effective on March 31, 2024, when he will also leave the Company’s Board.
Mr. Williams will remain available to the Company on a consulting basis going forward. Continue reading
Firefly Metals (ASX: FFM)
Firefly Metals, the ASX listed exploration and development company that acquired the Green Bay project containing the Ming Mine from former AIM listed Rambler Metals and Mining, have released an updated Corporate Presentation. Continue reading
