Mining Review 3rd September 2023
Gold rallied strongly during the week, after disappointing US economic data suggested the FED may have to call a halt to further interest rate rises sooner than expected, bring recession fears to the fore and interest rate cuts sooner than expected, all positive for gold.
Eloro and O3 Mining both reported good drill results during the week, and Gold Road Resources reported record profits for H1 2023. Continue reading
Eloro Resources (TSX: ELO)
Announced assay results from reconnaissance drilling on the Mina Casiterita Property , additional definition drilling on the eastern margin and southern extension of the Santa Barbara deposit and reconnaissance drilling in the Porco-Mina 2 area. Continue reading
Mining Review 19th February 2023
The early euphoria of the first trading days of 2023 has clearly subsided now, as has the gold price, and share prices of mining companies are sliding .
Calidus Resources, Eloro Resources, Japan Gold, Karora Resources, and Orla Mining made news this week.
I reference “greed creep” in mining conferences. Continue reading
