Mining Review 28th September
West Red Lake Gold Mines disappointed me with yet another fund raise.
Gold Road to exit the ASX with gold at an all time high. Continue reading
Tag Archives: Gold Road
Mining Review 11th May 2025
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
Gold Road March 2025 Quarterly Report
Gold Road Resources (ASX: GOR)
Presented its activity report for the quarter ending 31 March 2025.
Gruyere delivered quarterly gold production of 71,226 ounces (100% basis) (December quarter: 91,631 ounces). Production was delivered at an AISC of A$2,658 per attributable ounce to Gold Road (December quarter: A$1,811 per ounce). Continue reading
Mining Review 30th March 2025
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.
Gold Road Enters a Farm-in Deal With Iceni Gold
Gold Road Resources (ASX: GOR)
Advised of a binding Farm-in Agreement and share placement transaction with Iceni Gold Limited (ASX: ICL) over tenements around and containing the Guyer Gold Trend, within the 14 Mile Well Gold Project located between Leonora and Laverton in Western Australia. Continue reading
Gold Road Issues an Updated Corporate Presentation
Gold Road (ASX: GOR)
Published a new corporate Presentation showing the recovery from the rain event earlier this year, and a strong September quarter. Continue reading
Market Review for April 2024 Published
Market Review April 2024
Featured new watchlist company Aris Mining, a gold producer based in Colombia with a plan to increase production to 500,000 Oz PA.
Three watchlist companies became involved in M & A activity, G Mining Ventures, Gold Road, and Karora Resources. Continue reading
Mining Review 21st April 2024
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
Gold Road Issue Gruyere Production Update
Gold Road Resources (ASX: GOR)
Presented a preliminary production update from Gruyere.
Despite a significant rainfall event casing disruption to mine operations guidance for 2024 remains on track. Continue reading
Gold Road September Quarter 2023 Quarterly Report
Gold Road Resources (ASX: GOR)
Presented its activity report for the quarter ending 30 September 2023.
During the September 2023 quarter, Gruyere delivered quarterly gold production of 88,668 ounces (100% basis), delivered at an AISC of A$1,682 per attributable ounce to Gold Road (June quarter: A$1,620 per ounce). Continue reading
Gold Road Maintains De Grey Shareholding
Gold Road Resources Limited (ASX: GOR)
Advised that it has committed to subscribe in the two tranche institutional placement by De Grey Mining Limited (ASX:DEG) (De Grey) at $1.05 per share, as announced by De Grey on 28 September 2023.
Thus maintains Gold Road’s percentage shareholding in De Grey Mining. Continue reading
Gold Road Reports Record Half Year and Profits
Gold Road Resources (ASX: GOR)
Reported that it has broken several financial records for Gold Road, with the strong result reflecting the consistent performance of the processing plant, a supportive Australian dollar gold price and Gold Road’s production being fully unhedged. Continue reading
Mining Review 25th June 2023
Mining Review 25th June
Gold Road Resources was the main talking point this week, losing 15% after issuing reduced guidance, and as a result, inreased AISC.
Gold fell back $30 over the week, after the suprise 0.5% hike in UK base rates. Continue reading
Gold Road Reduces Gruyere Guidance
Gold Road Resources ( ASX: GOR}
Has issed a guidance update reducing their previously stated production and AISC guidance for 2023.
This is blamed on reliability and utilisation of blasting resources, and rain. Continue reading
Mining Review 4th June
Mining Review 4th June 2023
Once again the price of gold is tumbling after renewed FED hawkish comments about further interest rate rises.
Comments on Ascot Resources, Gold Road Resources, Minera Alamos, Neometals and Pacgold. Continue reading
Gold Road 2023 AGM Presentation
Gold Road Resources (ASX: GOR)
Published an updated corporate presentation for their recent AGM.
Gruyere achieved record performance in 2022, producing 314,647 ounces of gold, with Gold Road’s 50% share of production at an All-in Sustaining Cost (AISC) of A$1,447 per ounce. Continue reading
Gold Road and Sensore Restructure YEV JV
Gold Road (ASX: GOR)
Has reached agreement with JV partner SensOre (ASX: S3N) to restructure arrangements surrounding the Yilgarn Exploration Ventures (YEV) portfolio.
SensOre has agreed to acquire Gold Road Resources’ 40% minority interest in YEV for 800,000 SensOre shares. Continue reading
Mining Review 15th January 2023
Mining Review 15th January 2023
The big news this week is the rise in the copper and gold prices, 8.16% and 2.89% respectively.
Calidus Resources, Gold Road Resources, Karora Resources, Neometals, UEC, and Westhaven Gold all reported positive news this week. Continue reading
Mining Review 16th October 2022
Mining Review 16th October 2022
An horrific week for precious metals with gold down 3.2%, silver a whopping 9.49%, and palladium 8.51%.
Karora Resources recorded record production, whereas Calidus Resources and Wesdome Gold disappointed the market and their share prices responded accordingly. Continue reading
Mining Review 25th September
Mining Review Sunday Update 25th Sep.
Interest rates soared this week, the US dollar reached a 22 year high, and gold tanked as a result, losing 1.79% over the week.
Mining stocks tumbled once again, there were some extreme falls, one example being Colonial Coal, which fell 15.3% on Friday in a single day! Continue reading