Gold Road (ASX: GOR)
Reported excellent progress as it advances its 100% owned Resources towards mine readiness at Yamarna.
Drilling at Gilmour is on schedule to deliver updated Resources and Reserves in late CY2024. Continue reading
Tag Archives: Gold Road Resources
Gold Road Rises on Potential Bid Target Rumours
Gold Road Resources (ASX: GOR)
Comments in the Australian media are suggesting Gold Road may have appointed a capital advisor, possibly McQuarie Capital, as a defence advisor, to defend a possible bid for the company. Continue reading
Mining Review 12th May 2024
Mining Review 12th May 2024
Gold Road Resources are diluting their position in De Grey Mining by not fully participating in the De Grey A$600 million financing.
Thesis Gold and West Red Lake reported good news. Red Pine reported very serious news Continue reading
Gold Road Lowers De Grey Mining Stake
Gold Road Resources (ASX: GOR)
Gold Road has announced its intention to participate in the De Grey Mining Financing announced recently.
It will participate for only A$50.8, million, which dilutes its percentage holding by around 2.9%. Continue reading
Gold Road Resources Results Presentation
Gold Road Resources (ASX: GOR)
Released an updated presentation for the results quarter ended March 2024.
Production and AISC were effected by torrential rain closing the Gruyere access road. Continue reading
Equinox Gold Consolidates Ownership of the Greenstone Gold Mine
Equinox Gold (TSX: EQX)
Announced that it has entered into a binding share purchase agreement with certain funds managed by Orion Mine Finance Management LP to acquire Orion’s 40% interest in Greenstone Gold Mine GP Inc., giving Equinox Gold 100% ownership of the Greenstone Mine in Ontario, Canada. Continue reading
Gold Road Ceasing Interest in Greenstone Gold Mines
Gold Road Resources (ASX: GOR)
Advised that it has ceased participation in the current process conducted by Orion Resource Partners in relation to a potential transaction for an interest in Greenstone Gold Mines in Canada. Continue reading
Gold Road Resumes Production at Gruyere
Gold Road Resources (ASX: GOR)
Reported that mining and processing operations have resumed at Gruyere, with consumables transported via the Northern Territory and Warburton to the east of Gruyere, whilst repairs continue on the Great Central Road, Gruyere’s main supply route from the west.
As stated previously, production at Gruyere was impacted by sustained rainfall and extended road closures during March and into April1. Continue reading
Gold Road Resources Response to Media Speculation
Gold Road Resources (ASX: GOR)
Notes media speculation in The Australian regarding the potential acquisition of an interest in the Greenstone Gold Mines in Canada.
Gold Road confirms its participation in a sale process conducted by Orion Resource
Partners (USA) LP for Greenstone Gold Mines. Continue reading
Gold Road Weather Event Halts Production at Gruyere
Gold Road Resources (ASX: GOR)
Following a substantial and protracted regional rain event reported in early March1, the access roads to the Gruyere Gold Mine were impacted by further significant and atypical rainfall on 19 and 28 March. Continue reading
Gold Road Resources 2023 Full Year Results
Gold Road Resources (ASX: GOR)
Announced their 2023 Full year Financial and Production results.
THe company announced record revenue from gold sales for the full year of A$472.1 million (2022: $382.9 million) and fully unhedged gold sales of 161,472 ounces, at an average realised gold price of $2,924 per ounce. Continue reading
Gold Road Results Disappoint the Market
Gold Road Resources (ASX: GOR)
Reported their Quarterly activities report for December 2023, and the shares sold off in the subsequent market as investors registered their disappointment. Continue reading
Gold Road Production Update Dissapoints
Gold Road Resources (ASX: GOR)
Issued a production update for the December quarter, and confirmed that production for the year was a fraction above minimum guidance.
This dissapointed the market and the shares were down 7% at the open at A$1.80, after briefly trading above A$2 recently. Continue reading
Mining Review 1st October 2023
Mining Review 1st October 2023
A poor week for gold as “higher for longer” US rate predictions took their toll on the price, taking it down to the mid $1800s, and looking weak.
Westhaven announced good drill results at Shovelnose, Calidus reported increased production potential, and West Red Lake Gold rose on the back of a newsletter promotion. Continue reading
Mining Review Sunday 3rd September
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
Australian Stocks Rise on New Tax Year
Australian Stocks
Stocks rose strongly on the ASX on the first day of trading in the new tax year.
June is normally a poor month as investors realise tax losses. Continue reading
Market Review June 2023 Published
Market Review June 2023
The City Investors Circle Market Review for June 2023 has been published.
The review features comments on Marathon Gold, Gold Road Resources, Minera Alamos, and a few other companies. Continue reading
Gold Road Resources Updated Presentation
Gold Road Resources (ASX: GOR)
The Western Australian gold miner has published an updated corporate pressentation.
Gold Road have just published impressive production results. Continue reading
Mining Review 9th April 2023
Mining Review 9th April 2023
It was a generally quiet week leading up to the Easter weekend on the company news front, but we still managed a few snippets, companies reporting included Gold Road Resources, Maple Gold, and Silver Tiger Metals. Continue reading
Gold Road 3 Year Gruyere Mine Outlook
Gold Road Resources (ASX: GOR)
Presented an updated 3-Year mine production outlook for Gruyere.
The Gruyere JV has completed feasibility level studies on the seven-stage Gruyere pit design, including metallurgical and geotechnical studies that underpin the Life-of-Mine until 2032. Continue reading