Galiano Gold ( NYSE / TSX: GAU)
Announced that it has terminated its gold purchase and sale agreement with Red Kite Opportunities Master Fund Limited for total cash consideration of US$13 million.
The Company had been required to sell 100% of gold production from the Asanko Gold Mine, up to a maximum of 2.2 million ounces, at a spot price selected by Red Kite. Continue reading
Mining Review 5th May 2024
Calidus Resources had to double the amount of shares on offer in their retail share offer to A$6 million due to investor demand.
Capricorn Metals and West red Lake Gold Mines both released positive updates. Continue reading
Galiano Gold (TSX: GAU)
Reported its first quarter 2024 operating and financial results for the Company
Galiano owns a 90% interest in the Asanko Gold Mine located on the Asankrangwa Gold Belt in the Republic of Ghana, West Africa. Continue reading
Mining Review 21st April 2024
Gold Road Resources made the major news this week when they confirmed media speculation that they are negotiating to buy a stake in a Canadian gold mine, and also conformed the resumption of mining at their Gruyere Mine.
Calibre Mining, and West Red Lake Gold reported high-grade gold intercepts. Continue reading
Galiano Gold (TSX, /NYSE: GAU)
Provide 2024 operating and cost guidance, preliminary first quarter operational results and an update on the improved Abore Mineral Resource at the Company’s Asanko Gold Mine, located in Ghana, West Africa. Continue reading
Galiano Gold (TSX: GAU)
Reported its fourth quarter and full year 2023 operating and financial results for the Company and the Asanko Gold Mine (“AGM”), located in Ghana, West Africa.
Gold production of 31,947 ounces during Q4. 2023 annual gold production of 134,077 ounces, exceeding the top end of upward revised guidance. Continue reading
Market Review December 2023
City Investors Circle have published their Market Review for December 2023.
This includes a rebalancing of the four watchlist tiers to better reflect the current stage and performance of the companies held within them. Continue reading
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
Mining Review 24th December 2023
Two major announcements by companies on our watchlist list up a normally quiet final week before Christmas.
Galiano Gold acquired the other 45% of the Asanko mine in Ghana from their JV partner, and Calidus Resources announced a stunning deal to acquire the Nullagine mine and immediately lease out 80% of the camp for 10 years bringing in much needed cash to the company. Continue reading
Galiano Gold (TSX: GAU)
Announced that it has entered into a binding share purchase agreement with subsidiaries of Gold Fields to acquire Gold Fields’ 45% interest in the Asanko Gold Mine.
Upon completion of the Acquisition, Galiano will establish itself as a growing gold producer with robust financial strength, owning and operating one of the largest gold mines in West Africa.
Galiano Gold (TSX: GAU)
Reported its third quarter operating and financial results for the Company and the Asanko Gold Mine, located in Ghana, West Africa.
The mine is a 50:50 JV with Gold Fields Limited which is managed and operated by Galiano. Continue reading
Galiano Gold (TSX: GAU)
Provide an update of drilling results from its 2021 exploration program at the Asanko Gold Mine, located in Ghana.
The results included some high grade gold over long intercepts, such as Hole DYPC21-139 intersected 40.1m at 2.4 g/t Au. Continue reading
.png "calibremining")
