Mining Review 14th April 2024
It was another exciting week for gold, with new all time highs being recorded, before a slight pullback late Friday evening.
The big news of the week was Karora Resources announcing a merger with ASX listed Westgold. Capricorn Metals and Orla Mining reported strong starts to 2024. Continue reading
Karora Resources. (TSX: KRR)
Karora and Westgold Resources Limited (ASX: WGX) have agreed to combine in a merger pursuant to which Westgold will acquire 100% of the issued and outstanding common shares of Karora by way of a statutory plan of arrangement under the Canada Business Corporations Act. Continue reading
Karora Resources Inc. (TSX: KRR)
Announced consolidated gold production of 36,147 ounces and sales of 40,343 ounces for the first quarter of 2024.
Production was negatively impacted by wet weather during the quarter. Continue reading
City Investors Circle
The Market Review for March 2024 has been published.
The company highlight features Galiano Gold, and companies reporting significant news were Calidus Resources, Karora Resources, and Orla Mining. Continue reading
Karora Resources (TSX: KRR)
Notes the announcement today by Ramelius Resources Ltd (ASX: RMS) that it is no longer in exclusive discussions with Karora regarding a potential transaction. Karora confirms that it has exited such discussions. Continue reading
Karora Resources (TSX: KRR)
Announced financial and operating results for the fourth quarter (“Q4 2023”) and full-year of 2023.
Production was a record 160,492 ounces, increased 20% from 133,887 ounces for 2023, driven by a 37% increase gold produced from the Beta Hunt Mine. The Company exceeded 2023 production guidance. Continue reading
Karora Resources (TSX: KRR)
Announced updated 2024 gold production guidance of 170,000 – 185,000 ounces and all-in sustaining cost cost guidance of US$1,250–US$1,375 per ounce sold.
Karora’s updated guidance incorporates optimized 2024 mine and development plans across its operations. Continue reading
Karora Resources (TSX: KRR)
Notes the recent press speculation in relation to a potential transaction involving Ramelius Resources Ltd (ASX: RMS) and Karora.
Karora confirms that it is currently in exclusive discussions with Ramelius regarding a potential business combination. Continue reading
Karora Resources (TSX: KRR)
Announced further significant results from gold exploration and infill drilling at the Beta Hunt Mine.
Highlights were hole WF380ACC-09AE at 3.8 g/t over 33.0 metres and 5 g/t over 9.0 metres. Continue reading
Karora Resources (TSX: KRR)
Announced record annual consolidated 2023 gold production of 160,492 ounces from its Beta Hunt and Higginsville mines in Western Australia.
Gold sales were also a record, totaling 157,034 ounces during 2023. Continue reading
Market Review November 2023
Has been published today, featuring Calibre Mining, and also mentions G Mining Ventures, Karora Resources, West Red Lake Gold Mines, and Cabral Gold.
We discuss the expanding resource nationalism, and name the small pool of trusted countries we still feel safe investing in. Continue reading
Karora Resources (TSX: KRR)
Announced financial and operating results for Q3 2023 and YTD 2023.
YTD 2023 production of 120,197 ounces increased 24% from 96,578 ounces for the same period in 2022, with the Company ending Q3 well positioned to achieve full-year 2023 production guidance of 145,000 – 160,000 ounces.
Mining Review 15th October 2023
Gold powered back as the risk of escalation in the Middle East increased during a politically tense week.
Karora Resources announced strong Q3 production numbers, i-80 Gold and West Red Lake Gold posted positive updates. Continue reading
Market Review September 2023
West Red Lake Gold Mines is the company in the spotlight this month.
The best performing Watchlist stocks were Lithium Power International and UEC.
10 Year Treasury yields and the US dollar strength continue to push down the price of precious metals, with FED predictions of “higher for longer”. Continue reading
Mining Review 24th September 2023
We announced the initiation of coverage of West Red Lake Gold recently, and they delivered some decent drill results this week.
The other watchlist company reporting good results was Karora Resources, at its Beta Hunt Mine is Western Australia. Continue reading
Karora Resources (TSX: KRR)
Announced further significant results from gold exploration and infill drilling at the Beta Hunt and Spargos Mines.
Infill and extensional drilling targeting the Mason Zone delivered strong results extending the mineralized strike by 100 m to 800 m, providing confidence for a potential new deposit for future mining. Continue reading
Karora Resources (TSX: KRR)
Announced the second set of results from the nine-hole drill program aimed to test and infill the southern extension of the Fletcher Shear Zone over 500 m of strike north of the Alpha Island Fault.
Assays from the final five holes of the program were received, highlighted by broad, high grade intersections. Continue reading
Market Review August 2023
The August 2023 Market Review has been published. It features comments on Karora Resources, Neometals, and Orla Mining, plus news snippets from other companies.
The review also provides market data for commodity prices. Continue reading
Mining Review 27th August 2023
Gold bounced back strongly after falling on US interest rate rise expectations.
American Creek and Karora Resources both reported good drill results from recent exploration activity.
Karora Resources (TSX: KRR)
Announced additional significant results from gold exploration drilling targeting the Fletcher Zone at the Beta Hunt Mine.
A nine-hole drill program aimed to test and infill the southern extension of the Fletcher Shear Zone over 500 metres of strike north of the Alpha Island Fault commenced in June 2023 and is nearing completion. Continue reading
