Mining Review 21st July 2024
Gold had a poor week, crashing to $2,400 when it looked on the cusp of breaching $2,500.
G Mining Ventures and Karora Resources both announced the closure of their respective business combinations, and Cabral Gold and West Red Lake Mining both announced high grade drill results. Continue reading
Mining Review 14th July 2024
A disastrous week for Calidus Resources shareholders as the mine is put into care and maintenance, and all looks lost for investors.
Victoria Gold is holding its own despite having two million tons of leach pad strewn around the bottom of a mountain in the Yukon. Continue reading
Mining Review 23rd June 2024
West Red Lake Gold Mines announced a projected date for their Madsen Mine restart.
Capricorn Metals reduced their hedge book, and Cornish Metals sold off a non-core Canadian asset to bring in some welcome funds. Continue reading
Mining Review 9th June 2024
It was an eventful week for Calibre Mining, reporting good drill results near their Valentine gold project in Newfoundland, and a “partial slope movement” at their mine in Nicaragua. It was the latter than the market focused on.
We have to hope that this can be contained and repaired without serious incident. Continue reading
Mining Review 2nd June 2024
A quiet week news wise, the main news being Anglo American rebutting BHP’s offer for the company.
G Mining and Calibre Mining both published positive project construction updates.
Continue reading
Mining Review 26th May 2024
Gold Road Resources is the subject of some bid rumour speculation in Australia, with Gruyere JV partner Gold Fields’ name being mentioned amongst others.
Aris Mining now owns 51% of Soto Norte in Colombia, Impact Minerals reported they are financed to complete the Lake Hope pre-feasability study, and West Red lake Gold Mines reported more decent gold intercepts. Continue reading
Mining Review 19th May 2024
Gold recorded its highest ever (nominal) price this week, $2,413! Silver also shot up, outpacing gold in percentage terms, and closed at $31.46.
Cornish Metals’ share price was pummelled, forcing a “we know of no reason” RNS from the company, which hardly helped. Continue reading
Mining Review 12th May 2024
Gold Road Resources are diluting their position in De Grey Mining by not fully participating in the De Grey A$600 million financing.
Thesis Gold and West Red Lake reported good news. Red Pine reported very serious news Continue reading
Mining Review 5th May 2024
Calidus Resources had to double the amount of shares on offer in their retail share offer to A$6 million due to investor demand.
Capricorn Metals and West red Lake Gold Mines both released positive updates. Continue reading
Mining Review 28th April 2024
It’s been a busy week for our watchlist companies, with one deal disappearing as quickly as it came as Gold Road withdrew from the Greenstone Mines bid, and then Equinox Gold stepped in and took it for themselves.
G Mining Ventures announced a combination with Reunion Gold, based in Guyana.
Mining Review 21st April 2024
Gold Road Resources made the major news this week when they confirmed media speculation that they are negotiating to buy a stake in a Canadian gold mine, and also conformed the resumption of mining at their Gruyere Mine.
Calibre Mining, and West Red Lake Gold reported high-grade gold intercepts. Continue reading
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
