Meeka Metals (ASX: MEK)
Reported further high-grade gold assays from Turnberry Central, including multiple 20m+ intersections including 36m @ 2.82g/t Au from 89m including 10m @ 4.67g/t Au and 11m @ 3.85g/t Au (25TBGC058). Continue reading
Meeka Metals (ASX: MEK)
Reported further high-grade gold assays from Turnberry Central, including multiple 20m+ intersections including 36m @ 2.82g/t Au from 89m including 10m @ 4.67g/t Au and 11m @ 3.85g/t Au (25TBGC058). Continue reading
Gold Road Resources (ASX: GOR)
Released initial results from the Gruyere underground drilling program designed to confirm that the Gruyere ore body extends at depth.
The highlights included 119 metres at 1.10 g/t Au including 33 metres at 1.57 g/t Au from 834 metres, from hole GYDDEX00001. Continue reading
West Red Lake Gold Mines (TSX.V: WRLG)
Provided an update on mine restart activities at the Madsen Mine, where the mill is now processing low-grade material ahead of introducing Stope 1 of the bulk sample next week.
In addition, the camp is now housing workers. Continue reading
Catalyst Metals Limited (ASX: CYL)
Suspension from Quotation
The securities of Catalyst Metals Limited (‘CYL’) will be suspended from quotation immediately under Listing Rule 17.2, at the request of CYL. Continue reading
Wesdome Gold Mines (TSX: WDO)
Announced its results for the three and twelve months ended December 31, 2024.
Record annual revenue: FY 2024 revenue increased by 68% compared to FY 2023 to $558.2M driven by strong Q4 2024 revenue of $182.6M. Continue reading
Capricorn Metals (ASX: CMM)
Advised that it has closed out all of its remaining 55,000 ounces of gold forward sale hedge contracts with settlement via a bilateral transaction to issue Capricorn shares to Macquarie Bank Limited, the company’s hedging and debt financier. Continue reading
Calibre Mining (TSX: CXB)
Van Eck, Calibre Mining’s top shareholder at 8.9% as per a recent declaration, is opposing the takeover of Calibre by Equinox Gold.
I wholeheartedly agree with their opposition, and wonder if their lead will be followed by other institutional investors? Continue reading
Galiano Gold (TSX: GAU)
Reported its fourth quarter and full year 2024 production and financial results.
The Company generated $13.8 million of operating cash flow during Q4 2024 and $55.7 million during FY 2024, which included a $13.1 million payment to terminate the gold sales offtake agreement.
Awalé Resources (TSX.V: ARIC)
Reported results from seven diamond drill holes completed as part of the expanded drill campaign targeting the BBM zone at the Odienné Project in the Ivory Coast.
Hole OEDD-119 intercepted 52m @ 2.0 grams per tonne gold equivalent from 197m, including 15m @ 3.6 g/t Au, 0.52% Cu. Continue reading
Catalyst Metals (ASX: CYL)
Announced first stoping ore at Plutonic East.
Plutonic East is the first of three mines to be developed by Catalyst in its plan to double production across the Plutonic Gold Belt for A$31m over the coming 12-18 months. Continue reading
Cabral Gold Inc. (TSX.V: CBR)
Released assay results from two surface trenches and eight reverse circulation drill holes at the Machichie Main gold deposit within the Cuiu Cuiu gold district, Brazil.
Surface trench CT051 at Cuiu Cuiu returned 20 metres of 3.6 grams per tonne gold, including four metres of 15.7 g/t gold in gold-in-oxide material at surface. Continue reading
Awalé Resources (TSX.V: ARIC)
Provided an update on exploration activities at the Charger target within the Odienné Project in the Ivory Coast.
The Charger zone stands out with some of the highest-grade intercepts in West Africa in the last 12 months, including 32m @ 45.7 g/t Au from 165m downhole in OEDD-83. Continue reading
G Mining Ventures (TSX: GMIN)
Louis-Pierre Gignac, the Founder, President & CEO of G Mining Ventures, has been named Kitco Mining’s 2024 CEO of the Year in the producer category. Continue reading
G Mining Ventures (TSX: GMIN)
Announced the commencement of site preparation activities at its Oko West Gold Project in Guyana, marking a major step forward in the project’s development. Continue reading
Capricorn Metals (ASX: CMM)
Delivered strong half year results, aided by the strong gold price.
Underlying profit before tax increased by 10% to a $90.7 million from previous
corresponding period, reflecting strong operating performance. Continue reading
Mining Review 9th March 2025
I attended the world’s largest mining conference, the PDAC in Toronto last week.
Despite another record attendance being declared by the organisers, and a record gold price, I felt a negative vibe in the show, when there should have been a positive feeling. Continue reading
Orla Mining (TSX: OLA; NYSE: ORLA)
Announced that the Company has completed its acquisition of the Musselwhite Gold Mine in Ontario, Canada from Newmont Corporation.
The addition of Musselwhite transforms Orla into a North American-centred, geographically diversified intermediate gold producer. Continue reading
Mining Review 2nd March 2025
A mixed week for our stocks as profit taking saw falls in producing mining stocks.
Peace hopes for the Ukraine war took a knock after the Trump – Zalinski public spat at the White House, which may drive gold higher next week. Continue reading
Market Review February 2025
Has just been published.
Highlighted company is Meeka Metals.
Comments on the gold sector and a good month for the producing gold miners. Continue reading
Barton Gold Holdings (ASX: BGD)
Provided a progress update for ongoing studies at its South Australian Tunkillia Gold Project.
Following the ISS publication during July 2024, Barton engaged independent technical consultants to complete a detailed review of optimisation opportunities in parallel with Barton’s own internal analyses. Continue reading