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)
Has appointed Tony Makuch to the board of directors and as the new chair of the board technical committee.
Karora also announced that Derek Humphry has joined the corporation in the position of chief financial officer. Continue reading
Karora Resources (TSX: KRR)
Announced financial and operating results for the second quarter (“Q2 2023”) and first six months (“YTD 2023”) of 2023. Continue reading
Karora Resources (TSX: KRR)
Announced additional significant results from gold exploration drilling targeting the Fletcher Zone at the Beta Hunt Mine. Continue reading
Karora Resources (TSX: KRR)
Announced record quarterly consolidated gold production of 40,823 ounces for the second quarter of 2023 from its Beta Hunt and Higginsville mines in Western Australia. Gold sales were also a record at 42,172 ounces for the second quarter. Continue reading
Karora Resources (TSX: KRR)
Announced financial and operating results for the first quarter of 2023.
Production of 39,827 ounces exceeded target levels and increased 45% from the first quarter of 2022. Continue reading
Karora Resources (TSX: KRR)
Announced unaudited financial and operating results for the Q4 2022 and full-year 2022.
Highlights are a record revenue of $96.8 million, (45% increase from Q4 2021); net earnings growth of 56% to $9.6 million ($0.06 per share); Operating cash flow increased 30% over Q3 to $36.5 million. Continue reading
Karora Resources (TSX: KRR)
Announced the Beta Hunt Nickel Measured and Indicated Mineral Resources increased by 8% to 21,100 nickel tonnes and Inferred Mineral Resources increased by 2% to 13,400 nickel tonnes, net of mining depletions. Continue reading
Karora Resources Inc. (TSX: KRR)
Announced its Consolidated Gold Measured and Indicated Mineral Resource, net of depletions, has increased by 8% and the Consolidated Inferred Mineral Resources have increased by 43%. […] Continue reading
City Investors Circle Market Review for March 2022 published
The main focus is on critical commodities for the global supply chain that may be effected by the Ukraine war. Russia produces nickel sulphide, used for EV batteries.
The featured company is Cabral Gold, and companies commented on include Calidus Resources, Cornish Metals, Gold Road Resources, Karora Resources, Neometals, Newcore Gold, and O3 Mining. Continue reading
Mining Review Market Update 27th March 2022
Another week of chaos in the world making markets very hard to predict.
Nickel continues to rise again as longs have a trapped short, the Chinese ‘Big Shot’ cornered, and sense some easy blood. Continue reading
Mining Review Sunday Update 20th March 2022
Nickel prices are back to normal, whatever that is, after a strange week where trading on the LME was interrupted several times, after deals were reversed earlier, ostensibly to bail out a horrendously underwater Chinese trader.
Gold remains above $1900 per ounce, despite interest rate rises this week being less than anticipated. Continue reading
City Investors Circle Mining Review 13th March 2022
Metal prices were heavily influenced by the Ukrainian conflict, with nickel making the headlines due to the price rising to $100,000 on the LME, before the market was closed as trading was becoming irrational.
Thermal coal also rose strongly in price as countries such as Germany move to secure supply to possibly replace Russian gas. Uranium rose strongly as Russia supplies 16% of US uranium imports. Continue reading
As the Ukraine situation continues to worsen, and yet more sanctions are heaped onto major supplier Russia. Metal prices are soaring, with gold trading over $2,000 intraday, and copper trading at over $5 lb.
Nickel, Aluminium alloy, and tin also recorded strong daily gains. Continue reading
City Investors Circle Mining Review 6th March 2022
The war in Ukraine is causing price rises in most precious and base metals, as supply concerns dominate the markets.
Russia is a massive supplier of many critical metals, such as titanium alloy, nickel, platinum, palladium, and coal, and these metals are experiencing price rises as consumers scramble to secure supply. Continue reading
Karora Resources Inc. (TSX: KRR)
Announced that new nickel exploration results from the 50C nickel trough at Beta Hunt have extended the known strike length to over 200 metres (previously 150 metres).
The new results include drilling along strike of the 50C discovery and the parallel 10C nickel trough. […] Continue reading
