focusIR’s Post

what are some of the opportunities involved in artisanal and small scale gold mining? Davis Anaclet gives us a dive on some of the opportunities in the ASGM subsector. https://lnkd.in/eh5uBrBb

Thanks for having our executive director Niv Dagan talking to Mining.com.au about the potential impacts the BHP (ASX:BHP) and Anglo American (LSE:AAL) proposed takeover could have on the broader market. Read here to find out: https://lnkd.in/gEC8RREr PEAK Asset Management #Copper #supplydisruptions #M&A

Swiss Working Group on Responsible ASGM Analysis on transparency in artisanal and small-scale mining (ASM) gold supply chains The following insights and best practices have surfaced from the knowledge shared and co-created within Technical Expert Groups that met between October and November of 2023 on the topics: 1) Conceptual clarity and shared understanding of key terms frequently used in discussions on Artisanal and Small-Scale Gold Mining (ASGM), and 2) Focus on generating value impact through qualitative storytelling aligned with core social, environmental and governance values.

Fitch Solutions noted that M&As marked 2023 due to a significant rise in transactions a trend that is expected to continue during 2024, especially for critical minerals assets, as demand is on the rise and the world is moving toward deficit. Read my latest article here: #MexicoBusiness #MexicoBusinessNews #Gold #MexicoMining

Swiss Working Group on Responsible ASGM Policy Note on transparency in artisanal and small-scale mining (ASM) gold supply chains. The following insights and best practices have surfaced from the knowledge shared and co-created within Technical Expert Groups that met between October and November of 2023 on the topics: 1) Conceptual clarity and shared understanding of key terms frequently used in discussions on Artisanal and Small-Scale Gold Mining (ASGM), and 2) Focus on generating value impact through qualitative storytelling aligned with core social, environmental and governance values. Additionally, it was based on analysis, feedback and insights that emerged in a plenary session of the Swiss Working Group on Responsible ASGM that was held on January 2024. The following document is connected to, and goes a step further on, topics touched by the Policy note on reducing the perception of risks of ASM gold amongst clients",  which can also be found via Afai Consulting’s LinkedIn page.

🌐 Fluor Spearheads Major Gold Mining Project in Chile 🌐 🏔️ Dive into Fluor's involvement in a significant gold mining initiative in Chile, highlighting the company's strategic role in developing one of the region's most promising deposits. This article explores the scope of the project, the innovative techniques Fluor is employing to extract and process gold efficiently, and the potential economic and environmental impacts on the local community and beyond. Learn about the challenges faced in such large-scale mining operations, including logistical, environmental, and regulatory hurdles, and how Fluor is addressing these to ensure sustainable and profitable outcomes. Discover how this project fits into the global gold market and Chile's mining industry at large. 🌍💰 👉 Read the full article on Highways Today: https://lnkd.in/e3ziPjhY #Fluor #Mining #GoldMining #Chile #MiningDevelopment #HighwaysToday #SustainableMining #EconomicImpact #MiningTechnology

Sonoro Gold Corp's Chairman John Darch provided key updates on the company's Cerro Caliche project and the evolving mining landscape in Mexico. The new administration is expected to adopt a favorable stance towards the extractive industry, bringing clarity to the sector. 'Mexico's mining sector has been unsettled by the former president's proposed constitutional amendment to ban open-pit mining,' Darch noted. However, the incoming government's appointments of moderates Marcelo Ebrard and Alicia Bárcena signal a positive shift. Sonoro Gold Corp's Cerro Caliche concessions are owned by the company, and any proposed ban on new open-pit concessions is unlikely to affect the project's future expansion. The 2023 Preliminary Economic Assessment (PEA) estimated the project's current resources could support an initial nine-year open-pit heap leach mining operation. With gold prices reaching an all-time high of $2,450 per ounce in May 2024, the project's potential economics have significantly improved. An internal review estimates that at $2,400 per ounce, the project's Pre-Tax NPV5 increases to $203.7 million with an IRR of 129%. #mining #gold #mexico #sonorogold #cerrocaliche @sonorogoldcorp

I believe it speaks volumes to have the world's largest Gold producer espouse so much bullishness for the future of Copper! Check out this insightful article about Newmont CEO's perspective on the booming demand for Copper and its impact on mining deals:

Minority stake acquisition elevates Andrada Mining to mid-tier miner status. WATCH; Anthony Viljoen, CEO, explain how the new ownership structure will accelerate development of its key assets in Namibia. Watch ▶️ https://lnkd.in/e3gURgDS Andrada Mining Limited (AIM: ATM, OTCQB: ATMTF), the technology-metals producer with mining and exploration assets in Namibia, is seeking to increase the ownership of its main operating subsidiary (“UTMC”) from 85% to 100%, through the acquisition of the 15% interest currently held by the Small Miners of Uis ("SMU"). Total consideration is to be satisfied through the issue of £0.5m of ordinary shares in Andrada, £0.78m in cash over 240 monthly instalments and the transfer of the Company’s 85% interest in license ML129, which is now non-core to Andrada, but regarded as a valuable opportunity for SMU to drive economic growth across the Erongo region in Namibia. Following completion of this transaction, Andrada will own 100% of UTMC, ensuring fair economic exposure to the development of the licenses in Namibia for all parties, further streamline operations for accelerated value creation and enable UTMC to apply for specific project financing solutions. Anthony Viljoen, Chief Executive Officer of Andrada explains: - Why the restructuring process took so long - How the restructuring will help attract strategic partners to Andrada’s lithium assets - Why the lithium assets may soon account for approximately 70% of the company’s overall revenues  - How Andrada has become a triple asset developer, producer and cashflow generator - Why the company’s tin assets are so valuable and why the price rally in the metal will continue - The multiple revenue streams materialising from Andrada’s one mining operation strategy  Viljoen commented; “We don't see this as a departure of our relationship with the SMU. In fact, if anything, it's strengthened our ties with them. It's given the SMU a renewed focus in terms of assisting us with our corporate social responsibilities and ensuring that our success on UIS is carried over to our other assets because a key part of this restructure is making sure that our entire portfolio realizes value.”  Reasons to add ATM to your watchlist: - Andrada is a multi-asset, multi-commodity, multi-decade opportunity on multiple assets - Globally significant and JORC-compliant mineral resource estimate of 138 million tonnes - Open-pit mining, tin oxide coarse crushing, only being 230km from a port means low production costs and competitive logistics prices - Resource contains high purity lithium constituting of 0,73% at 1,45 million tonnes of lithium carbonate equivalent - Andrada’s cash flow allows the company to develop its assets organically - The partnership with the Bank of Windhoek means the company doesn’t have to solely rely on dilutive equity funding for development capital berenberg Tavistock Hannam & Partners #ATM #Andrada #Mining #Tin #Lithium #Namibia

#OrfordMining (TSX-V:ORM) Corp shares shot up 100% to $0.09 on Monday after the Quebec-focused gold and critical mineral explorer announced that it has agreed to be acquired by #AlamosGold Inc (TSX:AGI, NYSE:AGI) in an all-stock deal valued at approximately C$24 million, or about C$0.10 per Orford share.  Orford Mining (TSX-V:ORM) shareholders will receive 0.005588 of an Alamos common share for each Orford Share held.  Alamos currently owns approximately 27.5% of Orford Mining’s issued and outstanding shares.   "Our acquisition of Orford is consistent with our strategy of building out a pipeline of high-quality, long-term projects, in good jurisdictions, to complement our near-term organic growth projects in Canada," Orford Mining CEO John McCluskey said in a statement.   More at #Proactive #ProactiveInvestors #TSXV #ORM http://ow.ly/i4eW1058Rjs