Gold came to the rescue of the stock market this week as a tax scare was added to the deadweight of rising interest rates hanging around the neck of investor confidence.
Boss is closing in on production while explorer 92 Energy is back drilling. Big funds back Red 5 raising and questions grow over Genesis-St Barbara deal.
Growing Australian gold producer Catalyst Metals and Canadian miner Superior Gold have agreed to a friendly merger (reports MiningNews).
Gateway Mining (ASX: GML) has commenced a new phase of reverse circulation drilling at its flagship Montague gold project in Western Australia’s Murchison district (reports Small Caps).
Caravel’s diamond drilling in late 2022 has successfully achieved two key objectives – adding confidence to the existing resource model and confirming an extension of mineralisation at depth (reports Stockhead).
Kin Mining (ASX: KIN) has commenced a major new phase of drilling at the wholly-owned Cardinia gold project in Western Australia (reports Small Caps).
After months of negotiation, Gascoyne Resources has announced a rescue package worth A$50 million that could see its shares trading as soon as next month (reports MiningNews).
Evion Group says strong construction progress at the site of the Panthera expandable graphite Joint Venture with Metachem in India means the project is on track for production this year (reports Stockhead).
Cygnus Metals has added more ground in Quebec to its lithium exploration portfolio in a deal with gold miner Osisko (reports MiningNews).
Sandfire Resources’ acting chief executive says the company has been inundated with interest for high-grade copper from its new Motheo mine in Botswana, which will start production in the coming weeks (reports The West Australian).
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