Proactiveinvestors Australia - General Mining - Gold RSS feed Proactiveinvestors Australia - General Mining - Gold feed en Sun, 21 Jan 2018 17:09:20 +1100 Genera CMS Golden Deeps sampling returns high grade cobalt at Canadian project Thu, 18 Jan 2018 15:29:00 +1100 Red Mountain Mining to reveal cobalt-copper assays Wed, 17 Jan 2018 11:34:00 +1100 Alkane Resources develops new process to produce hafnium Wed, 17 Jan 2018 09:55:00 +1100 Predictive Discovery drills out shallow high-grade gold in Cote d'Ivoire Tue, 16 Jan 2018 13:46:00 +1100 Montezuma Mining Company assesses options to produce high purity manganese Tue, 16 Jan 2018 10:13:00 +1100 Blackham Resources implements initial stages of recapitalisation strategy Mon, 15 Jan 2018 11:29:00 +1100 Millennium Minerals delivers high grade gold at Nullagine Fri, 12 Jan 2018 14:19:00 +1100 Doray Minerals hits Bonanza gold and eyes production ramp up Fri, 12 Jan 2018 13:17:00 +1100 Azumah Resources establishes strategy to grow 2 million ounce gold bounty Mon, 08 Jan 2018 13:50:00 +1100 Blackham Resources accesses high grade ore at gold operation Fri, 05 Jan 2018 10:57:00 +1100 Blackham Resources granted extension to term loan Tue, 02 Jan 2018 12:32:00 +1100 Red 5 provides maiden gold production guidance for 2018 Fri, 22 Dec 2017 13:47:00 +1100 Castle Minerals identifies Witwatersrand style mineralisation in Pilbara Wed, 20 Dec 2017 09:03:00 +1100 West Wits Mining's shares halted pending boost to metal inventory Fri, 15 Dec 2017 13:55:00 +1100 Geopacific Resources identifies wide high-grade intersections of gold at Woodlark Project Fri, 15 Dec 2017 12:22:00 +1100 Blackham Resources enters trading halt pending update on funding arrangements Thu, 14 Dec 2017 14:08:00 +1100 Argent Minerals gets more cash to advance projects in New South Wales Thu, 14 Dec 2017 13:17:00 +1100 Argent Minerals secures funds for gold, silver, lead and zinc exploration Thu, 14 Dec 2017 09:15:00 +1100 Neometals progresses downstream integrated lithium supply chain strategy Wed, 13 Dec 2017 10:12:00 +1100 Predictive Discovery drilling for gold in Burkina Faso Wed, 13 Dec 2017 09:45:00 +1100 Blackham Resources extends closing date of rights issue Wed, 13 Dec 2017 09:40:00 +1100 Argent Minerals to open capital raising following enhanced potential at Kempfield Tue, 12 Dec 2017 13:07:00 +1100 Alkane Resources confirms depth potential at Tomingley Gold Operations Mon, 11 Dec 2017 11:08:00 +1100 West Wits Mining continues to increase gold production in South Africa Thu, 07 Dec 2017 15:38:00 +1100 Neometals admitted to Nasdaq International Designation Thu, 07 Dec 2017 09:01:00 +1100 Predictive Discovery begins trenching program at West African gold project Mon, 04 Dec 2017 09:19:00 +1100 Predictive Discovery's managing director invests another $30,000 for West African gold Thu, 30 Nov 2017 08:32:00 +1100 Blackham Resources assays bode well for a gold resource upgrade Mon, 27 Nov 2017 17:59:00 +1100 Predictive Discovery closes rights issue heavily oversubscribed Mon, 27 Nov 2017 16:27:00 +1100 Blackham Resources takes major step towards re-financing the Matilda-Wiluna Operation Mon, 27 Nov 2017 11:16:00 +1100 Azumah Resources Gold Bounty in Ghana Azumah Resources (ASX:AZM) has launched multiple drilling campaigns to expand its gold resources/reserves at the Wa Gold Project in Ghana. MD Stephen Stone brings Proactive up to date on the size of the gold reserve and indeed how the project is funded. The company has delineated a resource of 2.1 million ounces of gold grading 1.5 g/t, which includes 1.4 million ounces in the measured and indicated category grading 1.7 g/t. Within this an ore reserve of 624,000 ounces has been defined.

Thu, 11 Jan 2018 23:07:00 +1100
Azumah Resources MD Steve Stone discusses recent ‘game changer’ private equity investment Steve Stone, managing director of Azumah Resources Ltd (ASX:AZM), updates investors at Mines and Money 2017 in London.

He discusses the recent ‘game changing’ funding deal with a private equity group which will invest A$17mln over the next two years at Azumah’s Wa Gold project in Ghana.

Wa is in the highly-prospective gold province in northwest Ghana and the plan is to develop the project while continuing to expand resources and reserves through exploration.

Thu, 30 Nov 2017 21:30:00 +1100
Blackham Resources gets funding boost to advance expansion feasibility study Bryan Dixon, managing director for Blackham Resources, speaks with Proactive Investors.

Thu, 31 Aug 2017 19:05:00 +1000
Azumah Resources' Stephen Stone reveals details on a A$17 million earn-in deal Stephen Stone, managing director for Azumah Resources, speaks with Proactive Investors.

Thu, 03 Aug 2017 08:30:00 +1000
Predictive Discovery talks next steps on drilling programs in West Africa Paul Roberts, managing director for Predictive Discovery, speaks with Proactive Investors.

Mon, 15 May 2017 15:00:00 +1000
South Crofty 'a very attractive opportunity' says Strongbow chief Richard Williams Strongbow Exploration is a Canadian mineral exploration company focused on building a strategic minerals company through the acquisition and exploration of its portfolio of assets in the UK and North America.
Strongbow's president and CEO Richard Williams tells Proactive: ''The company was restructured last year and we formed a strategic alliance with Osisko Gold Royalties out of Canada to look at creating a new strategic metals company with an initial focus on tin and tungsten''.
''To that end we acquired some tungsten royalties earlier this year in northern Canada. In July this year we completed the acquisition of the South Crofty tin project in Cornwall.''
''South Crofty is a mine that's got a very long history. It was a mine for 400 years, it's one of the biggest producers of tin recorded - historically it's produced over 400,000 tonnes of tin metal. What's really attractive from an investment perspective is the fact it's got an active mining license on it. It takes a lot of time and effort and money today to acquire new mining licenses and that license is valid for another 55 years until 2071.''
Tue, 06 Dec 2016 22:15:00 +1100
Redstar Gold hoping for 'stellar drill results' from Alaska project Peter Ball, President and chief executive of Redstar Gold Corp (CVE: RGC) caught up with Proactive Investors at Mines and Money 2016.

'We're focused in Alaska. We're exploring a district scale, what we call an epithermal high grade sulfidation system. It's 240 square kilometres, has multiple gold zones located on the coast.'''

Ball adds: ''We've just finished a programme so hence we're in London to highlight and build awareness of potential, pending results.''

Thu, 01 Dec 2016 02:07:00 +1100
Osisko Gold Royalties: 'A young company with mature ambitions' ''We are the fourth largest precious metal royalty company in the world right now'' says Sean Roosen,  chairman and chief executive of Osisko Gold Royalties (TSE:OR), speaking to Proactive at Mines and Money 2016 in London.

''We started this company about 24 months ago and our core  assets are the Canadian Malartic royalty where we have a 5% top line royalty that delivers us about 28-30,000 ounces of gold a year. We also have a sliding scale royalty at the Eleonore mine in northern Quebec, where we receive 2% royalty right now, ramping up to a total of 3.5% - that delivers about 5,500 ounces a year of gold to us.''

''From those two assets we receive about 34-37,000 ounces of gold and that's really the foundation of Osisko Royalties that we started a couple of years ago.''

''We're a bit more hands on than some of our competitors but we think [our strategy] is unique to our skill set''.

Roosen adds: ''We brought forth the team that built Canadian Malartic which is now Canada's largest gold-producing mine and our team has the skill set to execute this strategy''.

Wed, 30 Nov 2016 08:04:00 +1100
Greatland Gold PLC 'very encouraged' by Bromus results Greatland Gold and shareholder Metal Tiger have said they’ll be working together over the next 12 months to find new projects in Australia and Asia. 

Downhole electromagnetics recently completed at the Bromus project have also identified several highly conductive targets not intersected in their recent drilling campaign.

Chief executive Gervaise Heddle tells Proactive: ''The Bromus news is very encouraging''.

''Hopefully in February or March next year we'd like to at least drill two of those high priority targets ... we think we can do that relatively easily and at low cost'', Heddle added.

Mon, 14 Nov 2016 22:57:00 +1100
Condor Gold and the potential for a global sized gold district Gold explorer Condor Gold PLC (LON:CNR) could be sitting on a "truly global" sized gold district at its La India project in Nicaragua.
So says chief executive Mark Child after the group kicked off this week scout drilling at several smaller targets at its flagship La India project in Nicaragua.
The purpose of the 4,000m programme is to demonstrate the gold potential across the entire project, which is currently estimated to be host to 2.31 million ounces of the yellow metal.
The first 2,000m of drilling is to expand mineralisation at the El Cacao and Cristalito-Tatescame targets, as well as to test for mineralisation the Andrea vein, which has never been drilled.
Child noted that it was nine years since the group first drilled the  El Cacao concession area.
"We've long said this project hosts a big district. We aim to prove that," he said, adding he believed there was definitely another "couple" of million ounces out there.

Fri, 11 Nov 2016 01:23:00 +1100
Ariana Resources PLC 'very excited' by scoping study results at Tavsan Project Ariana Resources plc (LON:AAU) is eyeing a second mine at its Red Rabbit project in Turkey after a scoping study at Tavsan came back very favourably.
The scoping study showed production at that level would cost between US$559-630/oz over the expected four-year mine life and generate a net present value of US$41.9mln at a gold price of US$1,250.
Managing Director Kerim Sener tells Proactive: ''We're really excited about the results from this scoping study - it really maps out a future strategy for the company with respect to the second part of our Red Rabbit join venture.'' He added that following the numbers in the scoping study it will  look at fast-tracking further exploration and development work at Tavsan.
''We've got a very robust project ... we have a very good internal rate of return across the model range varying from 23% at the very bottom end, all the way up to 80% at the top of the range, with very fast payback within 1-2 years'', Sener said.

Thu, 10 Nov 2016 21:44:00 +1100
Gold auction part of a 'triple first' for Scotgold Resources Limited Scotland-focused gold miner Scotgold Resources Limited (LON:SGZ) is offering investors the chance to own the first pour of Scottish gold from its Cononish mine in Tyndrum.
Chief executive Richard Gray tells Proactive: ''This is a triple-first for us -it's the first gold from Cononish mine - it's the first gold Scotgold resources has produced and importantly it's also the  first commercial gold ever mined in Scotland so we felt we needed to do something to mark the event.''
Each gold round is stamped with a unique serial number and features the official registered Scottish gold mark of the stag’s head. Richard Gray added: ''This idea with the gold rounds is really just the icing on the cake. We've been undertaking what we call a bulk processing trial ... and that has opened up some terrific opportunities for us to improve the fundamental economics of our project''.

Tue, 08 Nov 2016 23:00:00 +1100
'It's time to take Kilgore to the next stage' says Otis Gold Corp President Otis Gold (TSXV:OOO) is a Canadian-based mineral exploration company with a portfolio of precious metal projects in Idaho. They’re currently focused on exploring their flagship Kilgore Gold project in Clark County.

Fri, 21 Oct 2016 22:58:00 +1100
''We've found the right partner'' for Kubi project says Asante Gold CEO Asante Gold Corp. has announced it's forming a joint venture with BXC Company (Ghana) Ltd. to develop the Kubi mining leases in Ghana toward production.

Chief executive Doug MacQuarrie tells Proactive: ''We've been looking for a partner to get Kubi into production for the last couple of years. BXC has been active in Ghana for ten years - they're primarily involved in power infrastructure and they've recently ventured out into the gold mining sector. I think they realised that with Asante they pick up a heck of a lot of expertise, country knowledge and of course access to our Kubi project.''

Thu, 20 Oct 2016 02:14:00 +1100
MZI Resources Ltd's MD Trevor Matthews talks to Proactive Investors TV MZI Resources Ltd (ASX:MZI) has transitioned to be cash flow positive from the Keysbrook Mineral Sands Project. Keysbrook is already a world class orebody, rich in high value leucoxene and zircon, with the potential for a multi-decade operating life.

Thu, 13 Oct 2016 11:00:00 +1100
Goldcliff Resource Corporation keen to reboot Pine Grove project The vastly experienced team at Goldcliff Resource Corporation (CVE:GCN) was working on a revolutionary way for investors to tap directly into mining royalty streams ( ) when, to paraphrase president and chief executive officer George Sanders, an irresistible opportunity dropped into its lap.
Lincoln Mining, which had been doing exploration work on the Pine Grove gold project in Nevada, had run out of cash, giving Goldcliff the opportunity to ride to the rescue.
“We were able to purchase 40% of the drilled resource on the Pine Grove property for $61,000, which is quite a remarkable opportunity,” Sanders told Proactive Investors.
Goldcliff has committed to spending US$1.4mln – a good chunk of which has already been raised - over three years on the project in return for its 40% stake, and that money should be sufficient to get to what Sanders calls “a production decision stage”. The plan is to immediately start a small drilling programme, to reboot operations at Pine Grove.

Fri, 09 Sep 2016 20:56:00 +1000
MZI Resources' MD Trevor Matthews talks to Proactive Investors TV ASX:MZI) targets a significant increase in mineral sand sales and revenues during 2016. ]]> Wed, 10 Feb 2016 11:01:00 +1100 Vital Metals MD Mark Strizek talks to Proactive Investors about JOGMEC and the Watershed Tungsten tender process ASX:VML) has confirmed that strategic partner JOGMEC has formally commenced a tender process to secure a long-term partner for the Watershed Tungsten Project in North Queensland. ]]> Tue, 11 Aug 2015 12:00:00 +1000 MZI Resources MD Trevor Matthews talks to Proactive Investors about first mineral sands production in the Dec 2015 Qtr from Keysbrook, cash flows and additional offtake. Tue, 24 Feb 2015 14:48:00 +1100 DGR Global MD upbeat on IronRidge prospects DGR Global, talks to Proactive Investors at Mines and Money London 2014 about the prospects of its investment in IronRidge Resources. Mather is confident about the company following the near-£7mln investment by South Africa’s Assore and thinks iron ore prices are likely to rebound. ]]> Wed, 10 Dec 2014 11:13:00 +1100 Alkane Resources' Managing Director, Ian Chalmers, speaks to Proactive Investors at the RIU Sydney Resources Round-up about the Tomingley Gold Mine and Dubbo Zirconia projects Fri, 06 Jun 2014 16:03:00 +1000 Saracen Mineral Holdings' Managing Director, Raleigh Finlayson, speaks to Proactive Investors at the RIU Sydney Resources Round-up about gold production from Carosue Dam and progress at Thunderbox Thu, 15 May 2014 10:05:00 +1000 MacPhersons Managing Director, Morrie Goodz, speaks with Proactive Investors at the RIU Sydney Resources Round-up as Nimbus hits longest Silver-Zinc intersection of program Thu, 15 May 2014 09:59:00 +1000 DGR Global's CEO, Nick Mather, speaks with Proactive Investors at Mines and Money Hong Kong outlining the business model and future plans Tue, 25 Mar 2014 10:19:00 +1100 Arc Exploration MD Dr Jeffrey Malaihollo speaks with Proactive Investors at Mines and Money Conference in Hong Kong as to why the Trenggalek project is a potential "game changer" Tue, 25 Mar 2014 10:04:00 +1100 Blackham Resources MD Bryan Dixon tells Proactive Investors at RIU Explorers Conference how it acquired $150m worth of gold mining infrastructure at Wiluna in WA which sets it apart from its peers and moves it to pre-producer status Wed, 12 Mar 2014 17:38:00 +1100 Dr Jeffrey Malaihollo, CEO of Arc Exploration tells Proactive Investors why drilling at Trenggalek could be "transformational." Arc Exploration's (ASX:ARX) Trenggalek Project in Indonesia, Anglo American can earn 51% by spending $10 million. ]]> Thu, 05 Dec 2013 11:30:00 +1100 Medusa Mining talks to Proactiveinvestors Mon, 12 May 2008 00:00:00 +1000