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West African developer Tietto Minerals aims to ramp up to commercial production in the current qtr after achieving its first gold pour at the 3.45Moz Abujar gold project in Côte d’Ivoire.
Tietto has poured 414oz gold in its first smelt after completing the construction of Abujar on budget and schedule within 12 months of breaking ground.
Abujar is forecast to deliver 260,000oz gold in its first year of production while Tietto aims...
West Australian explorer Medallion Metals has again highlighted the potential of its groundholding at Ravensthorpe 550km SE of Perth with the declaration of the third maiden resource since its 2021 listing.
The initial JORC estimate of 1.26Mt @ 1.4g/t for 60,000oz gold for the Gift deposit, which is part of the Kundip Mining Centre, lifts Medallion’s global indicated and inferred resource at Ravensthorpe to 17.98Mt @ 2g/t for 1.17Moz...
West Australian developer Black Cat Syndicate has outlined one of the country’s highest-grade gold deposits in a resource update for the Coyote Central, part of the mothballed Coyote operation in the Tanami region it acquired last year from Northern Star Resources.
MD Gareth Solly says a new geology model and the results of five months of drilling has delivered a JORC 2012 mineral resource of 424,000oz (1.5Mt @ 8.8g/t)...
LME ($US) 3-month closing prices, Jan 15 –
Copper 9,240.00
Aluminium 2,595.00
Zinc 3,324.00
Nickel 26,795.00
Lead 2,251.00
Tin 28,756.00
NASDAQ ($US) closing prices, Jan 13 –
Palladium 1,787.30
Platinum 1,072.50
Copper 4.216
Silver 24.372
Gold 1,921.70
NYMEX ($US) 62% Fe CFR China, market close, Jan 13 –
Iron ore 122.33
Holidays –
Jan 16: Malawi (Day Off for John Chilembwe Day)
Jan 16: Sri Lanka (Special Bank Holiday)
Jan 16: US (Martin Luther King Jr Day)
Jan 16-17: Congo-Kinshasa (Anniversary of President Laurent Kabila’s Assassination
Jan 19: Eritrea, Eritrea, Georgia (Orthodox Epiphany/Timket)
Jan 20: Azerbaijan (Martyrs Day)
Jan 20: Cape Verde (National Heroes Day)
Jan 20: Guinea-Bissau (Heroes Day)
Jan 20: Mali (Army Day)
Jan 20-21: Taiwan (...
Outstanding Dec qtr production at its 88.8% Caijiaying mine in China have boosted Griffin Mining’s confidence of reporting a profitable FY2022 and increasing throughput to 1.5Mt in the coming year.
The confidence has grown despite enforced shutdowns for national events for the Chinese New Year and Winter Olympics at the start of the year and restrictions on the supply and use of explosives during the Communist Party’s national congress in Sept-Nov....
Caledonia Mining has met the target it set eight years ago when it gave the go-ahead for development of the Central Shaft, posting record production of 80,775oz gold at its 64%-owned Blanket mine in Zimbabwe for the year to Dec 2022.
The FY2022 result, which compares with 67,476oz in the previous year and exceeds its 73,000-80,000oz forecast, met its stated ambition of achieving 80,000ozpa by sinking the new shaft to 1,200m from surface...
Australian-based international explorer Magnum Mining sees the potential for one of the largest iron resources in western USA outside the Lake Superior district after establishing an exploration target of 407-540Mt @ 15-22% Fe for its 100%-owned Buena Vista magnetite project in Nevada.
The exploration target, additional to the project’s indicated-inferred resource of 232Mt @ 18.6% Fe, is based on high resolution aeromagnetic survey work...
Company - Dynamic Metals Limited
Perth-based company with extensive landholdings prospective for lithium, nickel and gold in Western Australia. Established via a spin-out of Australian assets by Jindalee Resources.
Jan 2023: Listed on ASX following $A7M IPO.
Canadian miner Iamgold has highlighted the potential for more growth after posting a 63% growth in gold resources at its Nelligan JV project in Quebec.
Based on infill drilling and refined deposit and structural models, the estimated NI 43-101 resources are now 72.2Mt @ 0.85g/t for 1.97Moz indicated and 114.1Mt @ 0.88g/t for 3.24Moz inferred.
The project 60km SW of Chibougamau in Quebec is held 75% by Iamgold and 25% by ...