Gavin Wendt’s Post

Shanta Gold Limited said the recommended cash offer by Saturn Resources had received unconditional approval from the Competition Authority of Kenya. Approval from the competition authorities in Tanzania Fair Competition Commission is still awaited, Shanta said, following which it will schedule a court hearing for the scheme of arrangement to go ahead. Most of Shanta’s assets and its producing mines are in Tanzania with development projects in Kenya. Shanta added the acquisition is expected to become effective in the first half of 2024, subject to competition approvals. Saturn recently increased its offer to 14.85p per share from 13.5p as the gold price has risen to record highs. Agreements to vote for the amount to 29.8% of those eligible to vote, Saturn added at the time. More at #Proactive #ProactiveInvestors #mining #shantagold #mining #gold #naturalresources http://ow.ly/xjtR105oaCY

Mapping out the progression and development of Fortuna Silver Mines Séguéla Gold Project in Côte d'Ivoire over the last couple of years. #motiongraphics #vfx #goldmine #corporatevideo

Today we announced our Full Year results, delivering on production guidance for the third consecutive year and beating our AISC guidance   👷 9.5 million hours worked at the #Sukari Gold Mine, with zero lost time injuries ☀ Scope 1 and 2 GHG emissions reduced by 7% since 2021 base year 🎯 Over 450koz of #gold produced, delivered in line with 2023 guidance ✅ AISC of US$1,205/oz sold, a 14% improvement on 2022 📈 EBITDA increased by 25% to US $398 million 💵 Group free cash flow of US $49 million, up 388% on 2022 ⭐ 2024 gold production range guidance of 470- 500koz 💰 Final dividend of 2.0 US cents per share, equating to US$23 million.   Martin Horgan, CEO commented: “As we look ahead to 2024 the grid connection project will continue our recent success in taking costs out of the business and will deliver into our decarbonisation targets. We will also continue to advance the organic growth opportunities within our portfolio of assets by aggressively following up on the recent exploration success at EDX, and advancing toward an investment decision at Doropo in Cote d’Ivoire following the publication of the DFS later this year.”   Read the full press release here: https://lnkd.in/eax2xurC   #Gold #Mining #Egypt #CoteDIvoire #Growth #Teamwork

Gold Mine Investment Opportunities I have been assigned to look for investors for 2 Gold mines in North America. Both assets have Ni-43101 reports. Asset 1 has Au-Ag and other minerals, listed operator, who is seeking an investor who may be open to a partnership or royalty in return for a royalty. Investment in the region of $3 million, asset has a defined resource of Ag 100,000 Oz and Ag900,000. A considerable upgrade in the defined resource is expected after the final drilling round. Asset 2 is expected to be production by 2025 and is seeking 2million+ investment. The resource has a minimum of 100,000oz of Au. All options on the table, but investment for NSR would be favourable. Direct mandates or investors please get intouch, no time wasters or tire kickers on this one. #goldbars #22karat #cobalt #cobaltconcentrate #concentrate #coal #coppermillberry #millberry #millberrywire #cobalt #drc #copper #ultrafine #ultrafinepowder #coppercathode #trade #coppergradea #copperisotope #gold #oil #zirconium #export #import #steel #mining #trading #immediatebusiness #gradea #purecopper #warehouse #LME #londonmetalexchange #metaltrade #commodities #bonusdeals #bondedwarehouse #sgsreport #trading #tradingforex #stockexchange #emr #sgsreport #topgrade #sheetcopper #ironore #iron #anthracitecoal #lithium #silver #china #price #people #facman #hattongarden #trade #nystockexchange #sblc #forex #tradewar #diamonds #bullion #zurich #Ron92 #ron92fuel #btc #crypto #bitcoin #crude #crudeoil #goldmine #goldmining

WA1 Resources Ltd (ASX:WA1) has announced a groundbreaking MRE for the Luni niobium deposit at West Arunta, boasting an impressive 200Mt at 1.0% Nb2O5 confirming the tier-1 scale and grade of the deposit. ⛏ “This Mineral Resource estimate confirms Luni as the most significant niobium discovery globally in over 70 years. This is a remarkable achievement within two years from discovery in an entirely greenfield belt in the West Arunta. “The shallow, high-grade nature of the deposit, coupled with the recently announced initial metallurgy results, indicates the deposit may be amenable to conventional processing techniques and reinforces Luni as a highly strategic critical mineral asset.” - WA1’s Managing Director Paul Savich #ASX #ASXNews #Investing #Mining Subscribe to the weekly Stock Market Newsletter www.themarketbull.com.au https://lnkd.in/grhX9vrj

Mapping out the progression and development of Fortuna Silver Mines Séguéla Gold Project in Côte d'Ivoire over the last couple of years. #motiongraphics #vfx #goldmine #corporatevideo

#Precious_Metal Market Expansion Projected to Gain an Uptick During 2023-2032 https://lnkd.in/dCaDDsWa Growing #demand for industrial purposes and jewelry making is driving the global #precious metal market. #Platinum as a catalyst is gaining importance in refining and #automotive filtration. Companies in the #automotive catalytic #converter industry are switching from #palladium to platinum. Freeport-McMoRan POLYUS GOLD INTERNATIONAL LT Goldcorp GOLD FIELDS Randgold Resources Ltd Newmont Ghana Gold Limited Barrick Gold Corporation AngloGold Ashanti Kinross Gold Corporation Newcrest Mining #preciousmetals #silver #bullion #gold #silverstacking #silverbullion #silverstacker #coins #silverdegenerates #goldbullion #silvercoins #silverbars #silverbar #silvercoin #finesilver #goldcoins #silverporn #coincollecting #stackingsilver #coin #silvercommunity #pouredsilver #numismatics #goldcoin #investment #investing #money #goldstacking #coincollector #handpouredsilver

If you are late in on the Awale story, check out Andrews interview on the Dig Deep Mining Podcast. #mining #cotedivoire #gold #copper #greenfields #juniormining #miningnews

Mining #gold in West Africa comes with many challenges, not least among them maintaining your social licence in a region prone to strife. Asara Resources Limited (ASX:AS1, OTC:GMRMF) has ambitions to spearhead the next West African gold rush and has a simple but effective ethos – 'do no harm'. The global gold price reached an all-time high in December last year, touching US$2,135.39 per ounce, driven by a weak US dollar, and expectations the US Federal Reserve will soon begin to lower interest rates. Global conflict in the form of Russia’s war on Ukraine and heightened conflict in the Middle East has also contributed, shoring up the gold price as investors look for safe havens to park their capital. With South African mines faltering, Ghana became Africa’s new premier gold producer in 2019, ranked sixth in the world. More at #Proactive #ProactiveInvestors #ASX #OTC #AS1 #GMRMF #WestAfricanGold #GoldMining #GoldStocks http://ow.ly/jnsu105jSmC

Big update on the Asanko Gold Mine.