City Investors Circle Market Review – February 2023.
Features the new hot metal so far in 2023, up over 100% in two months, plus comments on Cyprium Metals, i-80 Gold, Japan Gold, Karora Resources, and Orla Mining.. Continue reading
Tag Archives: Karora Resources
Karora Significantly Increases Beta Hunt Gold Reserves and Resources
Karora Resources Inc. (TSX: KRR)
Announced Gold Measured and Indicated Mineral Resource, net of depletions, at its flag ship Beta Hunt Mine has increased by 20% and the Inferred Mineral Resources have increased by 34%. Continue reading
Market Review January 2023 Published
City investors Circle Market review
The January 2023 Market Review has been published.
It features the three hot metals so far in 2023, plus comments on American Creek Resources, Karora Resources, and Orla Mining. Continue reading
Mining Review 29th January 2023
Mining Review 29th January 2023
Gold and copper had a good week, and tin had an exceptional week, as the markets became more positive about the Chinese economy.
Ascot Resources, Cartier Resources, Karora Resources, and Westhaven Gold all announced good drill results. Continue reading
Karora Drills 9.5 g/t Over 7.1 m at Western Flanks
Karora Resources (TSX: KRR)
Announced a continuation of significant results from gold exploration and infill drilling at the Beta Hunt Mine.
Karora Resources Drills 9.5 g/t Over 7.1 m at Western Flanks Deeps and Extends Potential Mineralized Strike at New Mason Zone to 700 m. 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
Karora Announces Record Annual Gold Production
Karora Resources (TSX: KRR)
Announce record annual consolidated 2022 gold production of 133,836 ounces from its Beta Hunt and Higginsville mines in Western Australia.
Gold sales were also a record, totaling 132,047 ounces during 2022. Continue reading
Gold up and some of Our Stocks are Lively
City Investors Circle
The first few days of the new year have started well for precious metals, with gold and silver up and trading strongly.
Some of our watchlist stocks have had a good first week, with i-80 Gold, Karora Resources, Minera Alamos, and Orla Mining all rising strongly. Continue reading
121 Mining Forum London – Day 2
121 Mining Forum London – Day 2
A much quieter day delegate wise, so less queuing for the food, and more to go around.
I met a few companies I liked today, with Japan Gold, Rumble Resources, and Stavely Minerals impressing me the most, although there were other good stories. Continue reading
Karora Resources Reports Strong Q3 2022 Results
Karora Resources (TSX: KRR)
Announced its financial results and review of activities for the three and nine months ended September 30, 2022.
Q3 2022 consolidated gold production was a record 38,437 ounces, beating the previous record set in Q2 by 25%.
Production for the first three quarters of 2022 was 96,578 ounces, placing Karora in a strong position to deliver on improved full year consolidated 2022 gold production guidance of 120,000 to 135,000 ounces. Continue reading
Market Review October 2022 Published
CIC Market Review October 2022
The October 2022 City Investors Circle Market Review has just been published.
It features i-80 Gold, Karora Resources, Calidus Resources, Nouveau Monde Graphite, Pure Gold Mining, and Gold Road Resources. 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
Karora Resources Record Gold Production
Karora Resources (TSX: KRR)
Announced record consolidated gold production of 38,437 ounces for the third quarter of 2022 from its Beta Hunt and Higginsville mines in Western Australia.
Gold sales for the quarter were 35,513 ounces. Karora’s consolidated unaudited cash balance was $56 million as of September 30, 2022. Continue reading
Market Review September 2022 Published
City Investors Circle
Have published the Market Review for September 2022.
Companies mentioned include Argosy Minerals, Calidus Resources, Karora Resources, Neometals, Pacgold, and Westhaven Gold. Continue reading
Mining Review 18th September 2022
Mining Review 18th September 2022
The story of the week is the price of gold being beaten down by 2.45% to $1,674, due to an anticipated one percentage point rate hike in the USA in September.
Companies making news this week were American Creek Resources, Karora Resources, Neometals, and Silver Tiger Metals. Continue reading
Karora Resources Drill 6.5% Nickel Over 11.9m
Karora Resources Inc. (TSX: KRR)
Announced a new nickel discovery and positive results from its ongoing nickel drill program.
In the Hunt Block above Western Flanks, infill drilling of the existing gold Mineral Resource intersected high grade nickel mineralization in two holes above the gold Mineral Resource. Continue reading
Mining Review Sunday Update 4th September 2022
Mining Review 4th September 2022
Another poor week for gold and all metals as the US dollar again rises on interest rate hike anticipation. The price of gold in British pounds is up 3% in a month, due to the weakness of the pound. Uranium, up 8% in a week was the sole positive.
Cornish Metals and Kootenay Silver reported good drill results in an otherwise quiet week. Continue reading
Karora Resources Drills 6 G/T Au Over 13 m
Karora Resources (TSX: KRR)
Announced continued exploration drilling success in targeting new gold mineralized shear zones in support of its growth plan strategy to deliver increased gold production by 2024.
Parallel shear zones to the Larkin Zone Mineral Resource, referred to as Mason and Cowcill, returned significant gold assays in the first two drill holes of a twenty-four-hole program, the highlight was 6.0 g/t Au over 13 m. Continue reading
Mining Review Sunday Update 21st August
Mining Review Sunday Update 21st August 2022
Another poor week for gold as the US dollar (DXY) climbed higher, reaching 108.
Companies making news this week included American Creek, Cartier Resources, Karora Resources, Maple Gold, Rokmaster, and Uranium Energy Corp.
Karora Discovers High-Grade Coarse Gold
Karora Resources (TSX: KRR)
Announced a new high-grade coarse gold discovery at its Beta Hunt Mine.
The new discovery was made on the 16 level of the A Zone, almost directly below the well-known “Fathers Day Vein” discovery originally announced in September 2018 that yielded approximately 30,000 ounces of gold. Continue reading