🚨 Partner and Portfolio Manager Django Davidson featured in this weekend’s The Times, commenting on BHP’s bid for Anglo American and the current state of the copper market (link below). 💥 Django Davidson’s view is this is an opportunistic bid and serves as a wake-up call for Anglo's board, highlighting the urgent need to address the extraordinary undervaluation of their business. ⛏️ BHP are pursuing the largest mining M&A deal of the century demonstrating the strength of the #capitalcycle in #copper, an industry which has suffered from persistent underinvestment in new supply. 📈 With BHP buying rather than building, the supply deficit in copper looks set to continue. The cure for new supply will have to be higher prices… 👇🏻 For further information, read our March 2023 piece ‘Where’s a copper when you need one?’, linked below: https://lnkd.in/ebeKtHyr Read the full Sunday Times article here: https://lnkd.in/gvgCqkpT 🔗 For more insights ‘Follow’, and see here: https://lnkd.in/exHxqfud #CopperMarket #InvestmentInsights #capitalcycle #assetmanagement #investing #equities #globalequities #generalists #supplyside #contrarian #portfoliomanagement #diversified
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Mines operate for a finite period, which means our purpose of creating value and improving lives through sustainable and responsible mining goes far beyond a mine’s operating life. To ensure we leave a positive legacy for the communities and the environment where we operate, Newmont has an executive-level Closure Steering Committee, a robust global Closure Strategy and sets annual reclamation targets. In 2023, Newmont set a target to complete at least 143 hectares of concurrent reclamation across our operations. Nine of our 12 operating sites met or exceeded their reclamation activity targets during the year, allowing us to surpass our target and reclaim an additional 22 hectares! 🎉 This achievement is a testament to our collective commitment to responsible mining and environmental stewardship. Led by the UN Environment Programme, #WorldEnvironmentDay is a global initiative that brings together millions of people to raise awareness and influence environmental action. What are you doing to be part of #GenerationRestoration? Let us know in the comments below ⬇️ #Newmont #NewmontMoreThanGold #Reclamation #ResponsibleMining
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#GGPnews In this interview, Greatland's MD Shaun Day highlighted the effective water management strategies for the lower-contained aquifer, which revealed lower flow rates than expected, easing management efforts. This has been made possible by additional drilling, enhancing the company’s understanding of water flows and geological formations, which could shorten the path to the oil body. Day also praised the working relationship with Newmont's Australian team, attributing much of the quarter's success to this collaboration., noting proactive resource ordering has kept operations ahead of schedule. Regarding future plans, Day addressed Newmont's intention to divest its 70% joint venture interest in Havieron, viewing it as a potential opportunity for Greatland Gold. Despite the possibility of Newmont's exit, Day expressed confidence in Greatland Gold’s capacity to manage and develop its assets, suggesting a strong future for the company and its shareholders. Watch the interview here: https://loom.ly/h7UQUzs #GGP $GGP.L #Greatland #Gold
Greatland Gold achieves significant Q1 success at Havieron with partner Newmont
proactiveinvestors.co.uk
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@EQ Resources Limited is pleased to share our Quarterly Activities Report for Q4 2023. Highlights include: Mt Carbine Operations: Achieved a significant increase in blasting (+50%) and extraction (+82%) activities. Thanks to proactive measures, we quickly recovered from Cyclone Jasper's effects, resuming operations within 10 days. Exploration: Completed drilling at the Telephone Line Gold Prospect, NSW, with 220 samples sent for analysis. Results are anticipated in January 2024. Corporate Development & Funding: Post-quarter, we successfully finalised Saloro S.L.U.'s acquisition and secured a $25 million investment from Oaktree, gaining a 15% stake in EQR. Saloro's performance has significantly improved under our partnership, with ongoing enhancements including a doubling of XRT sorting capacity expected in Q1 2024. View the full report : https://lnkd.in/dmEHtxdE #quarterlyreport #quarterlyresults #miningnews #businessgrowth #criticalminerals #tungsten #miningstocks #miningoperations #miningaustralia
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Sunstone Metals Limited (ASX:STM) managing director Patrick Duffy joins Jonathan Jackson in the Proactive studio to discuss a $2.5 million raise through the placement of 500 million new fully paid ordinary shares, priced at 0.5 cents ($0.005) each, representing a 28.6% discount to the last closing price. Additionally, 250 million options will be issued on a one-for-two basis, exercisable at a 50% premium to the offer price, subject to shareholder approval. Proceeds will be used for the preparation of a maiden mineral resource estimate (MRE) at the El Palmar Copper-Gold Project in northern Ecuador and for the Limon gold-silver discovery at the Bramaderos Gold-Copper Project, with the latter scheduled for next year. The company aims to advance partnership discussions to accelerate exploration and resource growth at both projects. Watch at #Proactive #ProactiveInvestors #GoldMining #GoldStocks #Copper #Silver https://ow.ly/mIuV50TkLc4
Sunstone Metals: $2.5M placement boosts Ecuador exploration plans
proactiveinvestors.com.au
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It’s shaping up to be an exciting year at our Valentine Gold Mine in Newfoundland, with property-wide exploration now underway. The program kicked off earlier this year, with an initial drill program southwest of the Leprechaun deposit, following recent discovery drilling that included 🌟46 g/t gold over 5.3 metres.🌟 🌎Located in the west-central region of Newfoundland & Labrador, Canada, the Valentine Gold Mine covers 250 square km and currently hosts five gold deposits, with Measured and Indicated Resources of 4.0 million ounces and Inferred Resources of 1.1 million ounces. 👉Plus, numerous other gold prospects and targets have been identified along the underexplored 32 km northeast-trending Valentine Lake Shear Zone, as well as below the existing open pit Mineral Resources. Read more in our latest press releases: calibremining.com/news #CalibreMining #GoldMining #ValentineGoldMine #GoldInvesting #Gold #Silver
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Tennant Minerals has completed a very successful, oversubscribed, capital raising to sophisticated and professional investors to raise $4.8 million (before costs) to fund key drilling programs and development studies at the Barkly Project, 40km east of Tennant Creek in the Northern Territory. Drilling will be focused on expanding and defining the Bluebird high-grade #copper-#gold discovery as well as testing other high-priority targets within the 2.5km long Bluebird- Perseverance corridor and on the Babbler project to the south. Drilling is set to commence in a matter of weeks as weather conditions in the Northern Territory improve. Tennant Minerals CEO, Vincent Algar commented: “The new funding will allow us to commence a substantial drilling program as soon as possible. “Our objective is to identify multiple, multi-million tonne, copper-gold deposits within the 100% Tennant owned Barkly Tenements and establish a resource base to support a stand-alone mining and processing operation.” Read full #ASX announcement here: https://bit.ly/3xuwmMP #ASXNews #TMS #Exploration #Drilling
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Nova Minerals Limited (ASX:NVA, NASDAQ:NVA) CEO Christopher Gerteisen joins Proactive’s Tylah Tully to discuss significant gold intersections at RPM deposit within the Estelle Gold Project in Alaska, ahead of an updated mineral resource estimate. Notably, the company intersected 29 metres at 7.1 g/t gold from surface, with high-grade sections including 3 metres at 32.2 g/t from 17 metres and 2 metres at 52.7 g/t from 19 metres. These results support Nova’s plans to develop a starter mine at RPM, taking advantage of near-surface mineralisation for early cash flow. All results from the 21-hole 2024 drilling program have been received, confirming high-grade mineralisation. Other significant intersections include 28 metres at 4.5 g/t and 34 metres at 3.9 g/t from surface in separate drill holes. The company is now finalising an updated resource estimate, incorporating these results. Watch at #Proactive #ProactiveInvestors http://ow.ly/r0hN105MJbm
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#ADV Ardiden Reports Strong Progress in Gold Exploration Ardiden Limited highlights strategic advancements and financial strength in its latest quarterly report, focusing on the promising Pickle Lake Gold Project. https://buff.ly/4caO2eR
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Legacy Minerals Explore the key strategic insights behind Legacy Minerals' latest drilling initiative at the Fontenoy Project and its implications for future growth. Read More https://lnkd.in/gQW4hWCX #LegacyMinerals, #drillingCampaign, #PGEMineralization, #JointVenture, #explorationStrategy
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