GALIANO GOLD REPORTS 2024 GUIDANCE, PRELIMINARY Q1 OPERATING RESULTS AND A 38% INCREASE IN ABORE M&I MINERAL RESOURCES In case you missed it, earlier this week we provided 2024 operating and cost guidance, preliminary first quarter operational results, and an update on the improved Abore Mineral Resource at the Company’s Asanko Gold Mine (the “AGM”), located in Ghana, West Africa. Here are the key highlights: ✅ AGM produced 30,386 gold ounces in Q1 ✅ Expected growth capital of $20M, primarily for plant upgrades ✅ Continued exploration focus on generative & near-mine activities ✅ 38% increase to Abore M&I Mineral Resource Estimate Read the full release: https://bit.ly/4biJWld NYSE: GAU | TSX: GAU #galianogold #gold #goldmining #mining #prospecting #mineralexploration #minerals #metals #miningsector #investing #goldstocks #nyse #tsx
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🌟 Passionate Mining Production Geologist & Engineer | Data Analysis Enthusiast | Published Author | Masters in Engineering Management at Arkansas State University 🌟
Title: "Betrayal Unveiled: The Cartel's Grip on Galiano Gold's Deceptive Prosperity" Statement: The narrative spun by Galiano Gold, boasting about their 2023 Preliminary Production Results, is a bitter pill to swallow for those of us who have witnessed the insidious truth lurking within the company's operations. Their announcement of exceeding production guidance to yield 134,077 ounces of gold is a mere facade, concealing a far more sinister reality. The figures they flaunt should rightfully be higher, were it not for the clandestine actions of the very individuals entrusted with safeguarding the company's resources. Walter Gift, Nana Amoako, and Charles Amoah, together with the complicity of the CEO, have formed a clandestine cartel of deceit and exploitation within the company's ranks. Their malevolent influence extends to enabling armed robbers to breach all security protocols and brazenly access the gold room, yet they have the audacity to remain silent on these heinous transgressions. Their betrayal knows no bounds, as they prioritize their own illicit gains over the well-being of the company and its workers. The release of audited consolidated annual financial statements and management's discussion and analysis is but a smokescreen to obscure the truth. Behind the veneer of corporate legitimacy, a shadowy network of corruption and theft festers, perpetuated by those who sit at the highest echelons of authority. The conference call orchestrated by senior management serves as a platform for further deception, an attempt to cloak their nefarious activities in a shroud of legitimacy. I refuse to stand idly by as the company I have dedicated myself to becomes a playground for the unscrupulous and the deceitful. The time has come to pierce through the veil of deception and demand accountability from those who lead us astray. The prosperity they flaunt comes at the cost of the exploited labor and the stolen resources of hardworking individuals. It is imperative that the truth be brought to light, and justice be served to those who have sown discord and betrayal within our midst. Let us stand resolute in our pursuit of truth and justice, resounding with a unified voice that cannot be silenced by the empty promises and deceptive proclamations of those who seek to exploit us. The time for reckoning is upon us, and together, we will cast off the shackles of deception and restore integrity and dignity to our shared endeavors. Galiano Gold Inc. Asanko Gold Sean Gregersen Matt Badylak
Galiano Gold is pleased to report our 2023 Preliminary Production Results at the AGM. We produced a total of 134,077 ounces of gold during 2023, exceeding our upward revised production guidance of 120,000 to 130,000 ounces of gold. The Company will release its audited consolidated annual financial statements and management’s discussion and analysis after market close on February 15, 2024. A conference call to discuss the details will be held by senior management on February 16, 2024, at 8am PST/11am EST. Learn more about our 2023 results: https://lnkd.in/g9ZERJXp #galianogold #gold #goldmining #mining #prospecting #mineralexploration #minerals #metals #miningsector #investing #goldstocks #nyse #tsx
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🌟 Passionate Mining Production Geologist & Engineer | Data Analysis Enthusiast | Published Author | Masters in Engineering Management at Arkansas State University 🌟
Title: "Shattered Illusions: The Betrayal of Trust and Integrity at Asanko Gold Mine" Statement: The revelations go beyond mere deception; they cut to the core of trust and integrity at Asanko Gold Mine. The process plant manager, Walter Gift, along with Nana Amoako and Charles Amoah, cannot feign ignorance regarding how armed robbers managed to breach all security protocols to access the company's gold room. The question looms large: did they report these breaches, or did they choose to turn a blind eye to the orchestrated plunder of our hard-earned resources? In the wake of these unsettling truths, the recent boastful pronouncements from the gangsters at Galiano Gold only serve to deepen the sense of disillusionment. Their triumphant report of the 2023 preliminary production results at the AGM, touting the production of 134,077 ounces of gold, exceeds a production guidance that was already revised upward. However, the bitter irony lies in the fact that this figure should have been even higher. The stark reality is that the managers, together with the CEO, have allegedly formed a cartel of gangs that infiltrate the company to brazenly pilfer the gold reserves, leaving the true production figures shrouded in deceit and manipulation. The audacity of these leaders to announce an upcoming release of audited financial statements and management's discussion and analysis, coupled with a scheduled conference call to discuss the details, serves as a stark reminder of the depths of their duplicity. Their calculated maneuvers seek to cloak the pervasive culture of corruption and theft with a veneer of legitimacy, all while shattering the trust and faith of the hardworking individuals who form the backbone of the company's operations. It is imperative that we confront this betrayal head-on, demanding transparency, accountability, and justice in the face of such profound moral bankruptcy. The veils of deception must be torn asunder, allowing the unvarnished truth to emerge and serve as a catalyst for meaningful change. Together, we must stand resolute in our quest to reclaim the integrity and fairness that have been callously stripped away, ensuring that those who have exploited our trust are held accountable for their actions. Let our collective voice resonate as a force for truth and justice, guiding us toward a future where ethical conduct and genuine stewardship reign supreme, and where the labor of our hands is honored and safeguarded from the clutches of deceit and manipulation. Matt Badylak Sean Gregersen Dawn Moss Richard Miller Galiano Gold Inc.
Galiano Gold is pleased to report our 2023 Preliminary Production Results at the AGM. We produced a total of 134,077 ounces of gold during 2023, exceeding our upward revised production guidance of 120,000 to 130,000 ounces of gold. The Company will release its audited consolidated annual financial statements and management’s discussion and analysis after market close on February 15, 2024. A conference call to discuss the details will be held by senior management on February 16, 2024, at 8am PST/11am EST. Learn more about our 2023 results: https://lnkd.in/g9ZERJXp #galianogold #gold #goldmining #mining #prospecting #mineralexploration #minerals #metals #miningsector #investing #goldstocks #nyse #tsx
GALIANO GOLD REPORTS PRELIMINARY 2023 PRODUCTION RESULTS
galianogold.com
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🔔 Adelong Gold Ltd (ASX:ADG) to raise up to $1.6 million to progress the Adelong Gold and Brazilian Lithium projects 🔗 https://bit.ly/49Bhp9O Adelong Gold Managing Director Ian Holland commented: "We are happy to announce this successful placement and the proposed SPP." "The funds raised from this placement and the SPP will be utilised to continue assessing production pathways for the existing Adelong gold mine." "In addition, following recent changes in management and the acquisition of licenses for lithium exploration in Brazil, we are now well-positioned to pursue these exciting opportunities." #gold #lithium #criticalminerals #EnergyTransition #mining #MiningStocks #investing
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Earlier this week, I had the opportunity to present the compelling investment proposition offered by Montage Gold Corp. at the BMO Capital Markets Global Metals, Mining and Critical Minerals conference. It was exciting to see the growing momentum for our story and to share our vision to build a premier multi-asset African gold producer, with the Koné project at the forefront. Our Kone project, in Côte d’Ivoire, is a high-quality asset: ✅ Sizeable production with +300koz per annum over the first 8 years ✅ Low AISC with <$1,000/oz over its long 16-year mine life ✅ Significant exploration potential with +150km of mineralized structures identified ✅ Robust economics with after-tax NPV of +$1.1 billion and after-tax IRR of +30% at $1,850/oz View our presentation: https://lnkd.in/eABQdWfd
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U.S. Gold Corp. (NASDAQ:USAU) has provided a significant update on the engineering and optimization efforts for its flagship CK Gold Project in Wyoming. After securing essential permits earlier this year, the company is now focusing on refining the project’s economics and advancing value accretive potential. With gold, copper, and silver prices nearing historic highs, US Gold Corp is taking steps to optimize its operations. The completion of the updated pre-feasibility study (PFS) for the CK Gold Project, has been paused to incorporate engineering optimization studies and technological advancements for maximum results in addition to rising commodity prices. This strategic decision aims to establish a more efficient and profitable mining operation that aligns with the long-term vision of the company. https://lnkd.in/gUBFxEA7 #USGoldCorp #CKGoldProject #EngineeringOptimization #MiningFeeds #GoldMining #PreciousMetals #MiningIndustry #MiningUpdates #MiningDiscovery
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U.S. Gold Corp. (NASDAQ:USAU) has provided a significant update on the engineering and optimization efforts for its flagship CK Gold Project in Wyoming. After securing essential permits earlier this year, the company is now focusing on refining the project’s economics and advancing value accretive potential. With gold, copper, and silver prices nearing historic highs, US Gold Corp is taking steps to optimize its operations. The completion of the updated pre-feasibility study (PFS) for the CK Gold Project, has been paused to incorporate engineering optimization studies and technological advancements for maximum results in addition to rising commodity prices. This strategic decision aims to establish a more efficient and profitable mining operation that aligns with the long-term vision of the company. https://lnkd.in/edEzuHwH #USGoldCorp #CKGoldProject #EngineeringOptimization #MiningFeeds #GoldMining #PreciousMetals #MiningIndustry #MiningUpdates #MiningDiscovery
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Perseus Mining Limited (ASX:PRU, TSX:PRU, OTC:PMNXF) has increased its interest in #AfricanGold and West Africa in particular by making a strategic equity interest in Predictive Discovery Ltd (ASX:PDI, OTC:PDIYF), which holds the Bankan Gold Project in Guinea with an ore reserve of 3.05 million ounces. The prominent African gold producer, developer and explorer has acquired a relevant interest in 13.82% of the issued shares of Predictive Discovery, an emerging mineral development company listed on the ASX. Predictive’s key asset is Bankan, a pre-development project which has a reported probable ore reserve of 57.7 million tonnes at 1.64 g/t #gold containing 3.05 million ounces of gold. In addition to the Predictive share acquisition, Perseus has an economic interest in approximately 3.45% of Predictive shares through cash settled equity swaps. More at #Proactive #ProactiveInvestors #GoldMining #GoldStocks #Acquisition #GoldProduction http://ow.ly/xyO5105FrA0
Perseus Mining increases African gold interests by acquiring 13.82% stake in Predictive Discovery
proactiveinvestors.com.au
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LARGEST GOLD SECTOR CAPITAL RAISINGS – Q1 2024 Q1 2024 saw a flurry of activity in the gold mining sector, with 26 closed financings amassing approximately $187.8 million. This surge in investment includes significant non-brokered financings and bought deal private placements, underlining the robust confidence in gold exploration and development projects. These capital raisings mark a pivotal moment for companies aiming to expand operations, advance exploration efforts, and tap into new gold reserves. The funds injected into these projects promise not only growth for the companies involved but also the potential for exciting discoveries and advancements in the gold mining industry. For a deeper dive into these developments and their implications, read more here Montage Gold Ascot Resources Ltd. Amex Exploration Collective Mining Integra Resources Lion One Metals Ltd. Rex Minerals Ltd (ASX:RXM) Angus Gold Inc. Torq Resources Inc. #Gold #Mining #Investment #Opportunities #Mine #Industry
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Newmont Corporation is drawing interest from multiple potential bidders for its Akyem gold mine in Ghana, one of several non-core assets it plans to divest following its acquisition of Newcrest Mining. The latest interested party is Asante Gold, a Vancouver-headquartered miner that has support from Ghana's government to bid on Akyem. Ghana's president has called for local ownership of Akyem, saying the government wants to ensure its mineral resources "better benefit the Ghanaian people." That makes Asante, which is 43% owned Ghanaian investors -- including two sovereign wealth funds -- a logical party to receive the country's backing. The sale has also drawn interest from several Chinese Bidders, including Shandong Gold Mining Co., Ltd. and Zijin Mining Group. Story in Bloomberg News: https://lnkd.in/dhvze4PX
West Africa-Focused Gold Miner Asante to Bid for Newmont’s Akyem
bloomberg.com
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I am excited to announce that I am working with an exceptional team on the acquisition of a significant South African (my home turf) gold mine (details confidential). It's important to reflect on the broader context of gold mining in the country. The historical dominance of South Africa in global gold production, peaked in the 1970s - producing over 1000mt per annum (more than the top 3 producing countries today - combined 🤯). In recent decades, annual production has steadily declined to 110mt... There are however, strong indicators that the South African mining sector is poised for resurgence. Recent changes in governance, Eskom increasing energy supply, improving investor sentiment, favorable gold prices, and declining interest rates are all aligning to create a positive outlook for gold mining in country. Our team's efforts are focused on driving operational excellence, enhancing sustainability, and ensuring long-term value creation. Personally, I am proud to be part of this journey, contributing to the next chapter of mining in Africa. #Mining #SouthAfrica #MiningRevival #SustainableMining #EconomicGrowth #InvestorSentiment #GoldPrice
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