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
Mining Review 24th March 2024
Not much to cheer from our watchlist companies this eek, with Calibre Mining announcing a C$100 million discounted placing, Calibre Resources announcing the same as part of a financial restructure, and Gold Road issuing a disappointing production update from Gruyere. Continue reading
Mining Review 10th March 2024
The big news fo the week is the Admission by Karora Resources that they are in discussions with Ramelius Resources in regard to a business combination.
PDAC 2024 was a dull affair with a lot of early stage companies looking for finance. Continue reading
Mining Review 3rd March 2024
The week began quietly but ended with a bang as the price of gold soared 2.36% on US economic news, and the realisation that rate cuts are off the table for now and the FED is in a tight corner.
Orla Mining acquired Contact Gold to increase the size of their South Railroad Proeject in Nevada. Continue reading
Mining Update 25th February 2024
Calibre Mining achieves the high-end of production guidance in 2023.
Cabral Gold, Karora resources, and Orla Mining all reported excellent drill results. Continue reading
Mining Review 18th February 2024
Calibre Mining announced intersecting high-grade gold near the Valentine Mine in Newfoundland.
Nevada King announced a spinout of their non-Atlanta assets into a spinco. Continue reading
Mining Review 11th February 2024
Colonial Coal ended the week very strongly on high volume, without any known news, so a situation to follow next week.
Otherwise it was another week where commodity and most mining share prices drifted.
Mining Review 4th February 2024
The week was once again all about the FED and US interest rates, with positive economic data suggesting a March rate cut was unlikely, causing markets and gold to pull back.
Cabral Gold, i-80 Gold, and Orla Mining all reported strong drilling results this week. Continue reading
Mining Review 28th January 2024
We initiated coverage of exploration junior Angus Gold this week.
Impact Minerals, Calidus Resources, i-80 Gold, and Orla Mining all announced significant exploration successes this week. Continue reading
Mining Review 21st January 2024
A solid set of news releases from our watchlist in what was a busy week for news. Maybe the forthcoming conferences in Vancouver next week caused the rush of exploration results?
Calibre Mining confirmed the acquisition of Marathon Gold, establishing a potential mid-tier mining company producing 250,000 ounces of gold within a year and a half or so. Continue reading
Mining Review 8th January 2024
We revamped our watchlists into four definable tiers, ranging from producing miners to early stage exploration companies.
We added Calibre Mining and Capricorn Metals to our tier 1 producers, and moved a couple of disappointers down to tier 2 until they start delivering on their stated objectives. Continue reading
Mining Review 17th December 2023
i-80 Gold Corp. released positive results from Granite Creek in a week with little news otherwise, as the conference season is over and focus turns to Christmas.
Confusing messages for the FED have kept down the price of gold just as it looked to be ready to take off, and some stocks have given back some of their recent gains. Continue reading
Mining Review 10th December 2023
Gold has retreated from the new all time high around $2,170, and is currently trading under $2,000 again, as rate cut anticipation wains after some stronger then expected US employment numbers.
Companies in the news this week included West Red Lake Gold Mines, and I sold Argosy Minerals and Minera Alamos from my personal portfolio. Continue reading
Mining Review Sunday 3rd December
It was a good week for junior mining stocks after the price if gold spiked as a result of the FED hinting that rate rises are done and the market expects cuts in Q2 2024 onwards.
I have noticed the share price and volume of stocks traded for Colonial Coal increasing, and with no news released, wonder if the market senses a deal is in the offing? Continue reading
Mining Review 26th November 2023
i-80 Gold announced high grade results from their Cove Gold Project in an otherwise quiet week for news from our watchlist stocks.
The recent Global Mining Finance Conference was busy as it lead into the London Mining fortnight, with other conferences to follow. Continue reading
Mining Review 12th November 2023
The discovery of the week was the American Creek JV which reported finding a new gold system at Treaty Creek, British Columbia.
Karora Resources reported strong Q3 financial results, and i-80 Gold signed a term sheet for the JV of Ruby Hill. Continue reading
Mining Review 29th October 2023
Gold is over $2,000 as the Gaza situation spirals out of control and the threat of a wider regional conflict increases.
Ascot Resources, Calidus Resources, and Marathon Gold released excellent news this week. Continue reading
Mining Review 22nd October 2023
The price of gold has reached a record high in Australian dollar terms, at A$3,091.
Orla Mining announced a production guidance increase, and Calidus Resources requested a trading halt due a potential announcement re their Pirra Lithium subsidiary. Continue reading
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
Mining Review 8th October 2023
Higher US bond yields were the focus this week as they pushed gold lower, and then on Friday retreated a tad to allow gold to rise into the close.
Neometals issued an update on their Barrambie titanium and vanadium project, announcing they have failed to agree terms with Xinjiang for offtake, and have terminated discussions. Continue reading
