Gold Road Resources Limited (ASX: GOR)
Presented a preliminary production and financial update for the June 2022 quarter.
Gruyere produced a record 85,676 ounces of gold (100% basis) during the quarter (Marchquarter: 71,135 ounces), in line with expectations. {…}.. Continue reading
Gold Road Resources (ASX: GOR)
Reported that they now hold in excess of the required 80% acceptances for their takeover for DGO, so the deal will now conclude.
GOR now hold 72,018,039 yes votes, or 85.85%, well in excess of the required minimum. […] Continue reading
City Investors Circle Mining Review 12th June 2022
This week’s news was dominated by news from down under, with Gold Road and Calidus Resources putting out significant announcements. News from our Canadian watchlist was thin on the ground, with only Westhaven Gold putting out a drilling news release. […] Continue reading
Gold Road Resources (ASX: GOR)
Acceptances for Gold Road’s friendy takeover of DGO have soared since the initial reluctance to accept th original deal, since improved slightly.
GOR now hold around 73%, so close to the 80% target and then the deal is done. […] Continue reading
Gold Road Resources (ASX:GOR)
Announced an increased offer for all the outstanding ordinary shares of DGO. The Improved Offer consideration is 2.25 Gold Road shares for every DGO Share outstanding.
The implied value of the DGO shares is $2.95, which is a 7.6% premium to DGO’s 10 Day VWAP as at 27 May 2022 of $2.74. Continue reading
Gold Road Resources (ASX: GOR)
Has made a unanimously recommended off-market takeover offer for DGO Gold, ASX: DGO), at an implied offer price of A$3.55 per share.
The offer is conditional upon an 80% acceptance by DGO shareholders. Continue reading
Mining Review Sunday Update 3rd April 2022
The nickel price is still holding at a higher level then before the LME ‘Big Shot’ debacle, and volumes remain low, some trust has been lost.
Watchlist companies making news this week included Banyan Gold, Cornish Metals, Gold Road Resources, Neometals, and Pure Gold Mining. […] Continue reading
Gold Road Resources (ASX: GOR) announced their Full Year Results for 2021, and declared a dividend of 0.5 cents for the second half of the year.
New profit after tax and basic EPS were roughly 50% down YOY, and mill performance issues were cited as being partly responsible. […] Continue reading
Gold Road Resources (ASX: GOR)
Have published an updated corporate presentation incorporating the latest production and drill results from their Gruyere Mine (50%).
The company are slowly adding to their exploration ounces on their 100% owned projects, as well as at the underground at Gruyere, where Goldfields are a 50% partner. […] Continue reading
Gold Road Resources (ASX: GOR)
Announced they have abandoned their bid for Apollo Consolidated after Ramelius Resources increased their offer to 62 c per share in cash and scrip.
Gold Road are selling their 19.9% stake in Apollo to Ramelius. Continue reading
Mining Review Sunday Update 10th October
Another poor week for gold, until the US job numbers reported a big miss versus expectations, and then gold ended firmer slightly down from the previous week.
Colonial Coal rose again, as the price of coking coal remains at elevated levels amid reports that some Chinese power plants are burning coking coal due to a shortage of thermal coal. Continue reading
