Calidus Resources has defied WA’s tight labour market and cost inflation to bring its Warrawoona gold project in the Pilbara into production (reports The West Australian).
Just weeks out from the ousting of long-time directors Terry Topping and Bruno Seneque, the new team in charge at junior explorer Kairos Minerals has wheeled out some big guns to help run the gold and lithium explorer (reports MiningNews).
Plus, newly-listed Maronan born with a polymetallic spoon in its mouth, Alicanto’s stunning silver-lead-zinc hit is almost 1oz-gold equivalent and Calidus set to pour first gold any minute.
Interest rates rose in the U.S. and Australia this week as expected, but so did the stock market, gold, copper, and most other commodities, which was unexpected, and perhaps an interesting case of premature enthusiasm.
A soil sampling program by DiscovEx Resources (ASX: DCX) has produced what the company calls an “exceptional” gold target at its recently acquired ground at Edjudina in Western Australia (reports Small Caps).
Chalice Mining has highlighted the underground potential of its Julimar project 70km north-east of Perth, with recent drilling at its famed Gonneville polymetallic deposit revealing mineralisation continuing at depth (reports The West Australian).
Shares in Bellevue Gold firmed after the company expanded its gold inventory ahead of a reserve upgrade, life of mine update and a project optimisation study for its namesake project near Leinster (reports The West Australian).
PolarX (ASX: PXX) has identified visible mineralisation in all holes drilled to date at the Star Canyon prospect within its Humboldt Range gold-silver project in Nevada (reports Small Caps).
While interest rate sentiment may be putting some pressure on the gold price, the appropriately named chief investment officer for Lowell Resources Funds Management, John Forwood, believes the outlook is more positive than many think (reports MiningNews)
Shares in Mincor Resources rose nearly 5 per cent after it revealed it would start generating cashflow in June under revised terms of its offtake agreement with Nickel West following the restart of its Kambalda nickel operations (reports The West Australi
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