Podcasts about AngloGold Ashanti

In this episode, I'm introducing G2 Goldfields (TSX.V:GTWO - OTCQX:GUYGF), a gold exploration company rapidly gaining attention following a major high-grade gold discovery and continued growth at its flagship Oko Gold Project in Guyana.   Joining me is Dan Noone, CEO of G2 Goldfields, who walks us through the company's resource, expansion plans, and ongoing exploration success.   Key Highlights from the Interview: Oko Gold Project now hosts 3.1Moz at ~3g/t, with multiple deposits along a 2.5km strike - anchored by the high-grade Oko Main Zone and expanding into the Ghanie Zone. A new high-grade discovery (“New Oko”) 9km north of the existing resource is delivering thick, near-surface mineralization, rapidly becoming the top priority with 4 rigs turning. Strategic exploration is ongoing across a district-scale 85,000-acre land package, including the historic Peters Mine. The company is well-funded with ~C$30M in the treasury and a drill cost of ~US$200/meter. Discussion around potential timing of a PEA, while management remains focused on discovery and resource growth. Institutional interest, with AngloGold Ashanti now holding a 15% stake and insiders controlling 25%. Please email me with any questions you have for Dan. My email address is Fleck@kereport.com.    Click here to visit the G2 Goldfields website.

Compass, episode 15Our previous episode: https://www.cruxinvestor.com/posts/exploration-financing-and-consolidation-fuel-mining-sector-optimismRecording date: 14th May 2025Recent developments in the mining sector show increasing M&A activity alongside robust Q1 performance, according to Olive Resource Capital executives Samuel Pelaez and Derek Macpherson.Pan-American Silver's $2.1 billion acquisition of MAG Silver represents a modest 27% premium but trades at approximately 16-17 times earnings compared to Pan-American's 12 times multiple. The executives indicated they've increased their MAG position following the announcement, speculating that Fresnillo—MAG's joint venture partner at the Juanicipio mine—could potentially make a competing offer given their $1.3 billion cash position.In another consolidation move, Silver47 and Summa Silver are merging in what the executives describe as a "creative transaction" that will create better scale and improve access to passive fund flows, with year-round exploration capabilities.Q1 reporting from major gold producers shows strong cash generation, with gold prices increasing approximately 12% from Q1 to Q2. This price improvement could translate to 30-35% growth in free cash flow for efficient operators.The executives highlighted AngloGold Ashanti as potentially undervalued, producing 720,000 ounces in Q1 with all-in sustaining costs of $1,640 per ounce. Despite generating roughly 30-50% less free cash flow than Agnico Eagle, AngloGold has only about half the market capitalization.K92 Mining was singled out as an exceptional growth opportunity, with funded expansion plans to increase production from 180,000 to approximately 400,000 gold equivalent ounces annually. At its current $2 billion market cap, K92 could potentially generate a 35% cash flow yield once Phase 4 is complete.The executives emphasize free cash flow (CFO + CFI) as the most reliable metric for evaluating mining companies, providing investors with a framework for analyzing companies in the current environment of elevated metal prices.Sign up for Crux Investor: https://cruxinvestor.com

Compass, episode 12Our previous episode: https://www.cruxinvestor.com/posts/gold-shines-while-traditional-safe-havens-falter-7015Recording date: 23rd April 2025Mining royalty companies are emerging as an attractive investment option for those seeking commodity exposure with reduced operational risk. Recent market developments, particularly the acquisition of Orogen Royalties' tier one royalty on the Silicon deposit by Triple Flag, have highlighted the value proposition of these unique business models.Unlike traditional mining operations, royalty companies operate on a fundamentally different model. They hold the right to a percentage of revenue, typically 1-2% of the net smelter return, providing commodity price exposure without the corresponding operational costs or risks. This business model originated in the oil and gas industry but has been successfully applied to mining, particularly in gold where returns are straightforward to calculate.The key advantage of royalty companies lies in their risk profile. As Samuel Pelaez, President & CEO at Olive Resource Capital explains, these companies have "no exposure to the cost portions or the risk that's attributable to cost overruns and margin compression." Their sole exposure is to commodity prices and production success. Additionally, most royalty agreements include rights to exploration upside, covering new discoveries within the area of interest.This capital-light business model allows companies like Franco Nevada to operate with minimal staff while commanding a market capitalization of C$46 billion. Once due diligence is complete and royalties are secured, the business essentially involves waiting for royalty checks to arrive.Royalty companies typically trade at premium valuations of 10-20 times revenue compared to traditional mining companies. This reflects their lower risk profile and appeal to generalist investors seeking gold exposure without the complexity of evaluating individual mining projects."Tier one royalties" – those on large-scale assets in good jurisdictions – are particularly valuable but rarely held by small public companies. The recent acquisition of Orogen's royalty on AngloGold Ashanti's Silicon-Merlin project (with approximately 16 million ounces of gold resource) by Triple Flag valued it at approximately 15-16 times projected annual revenue.When evaluating royalty companies, investors should focus on royalties that are either currently cash-flowing or have a clear path to production. As Derek Macpherson, Executive Chair at Olive Resource Capital notes, "A royalty that isn't producing cash flow or doesn't have a clear path to production is worth zero."As gold prices remain strong, royalty companies continue to offer an appealing way to gain leveraged exposure to precious metals without taking on the full range of risks associated with mining operations.Sign up for Crux Investor: https://cruxinvestor.com

Interview with Sam Spring, President & CEO of Kincora Copper Ltd.Our previous interview: https://www.cruxinvestor.com/posts/kincora-copper-tsxvkcc-explorer-advances-12-project-portfolio-through-major-partnerships-6580Recording date: 7th April 2025Kincora Copper has strategically shifted to a project generator business model, securing six asset-level deals that could unlock over $110 million in partner funding for exploration. This approach allows the company to advance its portfolio while minimizing shareholder dilution during challenging market conditions.The company's flagship partnership with AngloGold Ashanti consolidates a 100-kilometer strike with potential $100 million earn-in funding. Active exploration is underway, with the 12th drill hole currently in progress. The relationship extends beyond mere funding, with Spring describing it as "a real partnership and collaboration" that includes knowledge-sharing and technical expertise.Kincora's core objective is to manage approximately $10 million in annual partner-funded exploration, earning a 10% management fee to cover general and administrative expenses. This would create a self-sustaining business model that eliminates the need for regular dilutive financings.While AngloGold Ashanti is a key partner, Kincora has diversified its relationships with partners including Fleet Space, which provides ambient noise tomography technology; Earth AI, which is earning into an NSR royalty only if they make a discovery; and OB1 for their Mongolian assets.The company maintains a portfolio of 14 projects, primarily focused on porphyry copper-gold exploration in New South Wales, Australia. They're particularly interested in the undercover northern extensions of the Macquarie Arc, a region that has already produced world-class deposits and seen $16 billion in M&A activity.For more advanced projects like Trundle, Fairholme, and Jemalong, Kincora is being selective with partnerships, preserving these assets for potentially more favorable deals. CEO Sam Spring explained, "We're not going to go out there and do a cheap deal for Trundle. We know it's got existing large mineral systems."Despite the strategic progress, Kincora's share price has faced pressure, trading down from "six, six and a half" to "the twos." Spring attributes this partly to a significant shareholder offloading shares, a situation he suggests is nearing resolution.Looking ahead, Kincora has multiple potential value catalysts, including ongoing drilling results, new exploration initiatives, and potential new partnerships. The company aims to reach $10 million in annual partner-funded exploration while creating significant upside exposure to discovery potential in one of Australia's premier porphyry copper-gold districts.View Kincora Copper's company profile: https://www.cruxinvestor.com/companies/kincora-copper-limitedSign up for Crux Investor: https://cruxinvestor.com

In this episode, we have a returning guests who appeared back in May 2022 (Episode 239), Terry Harbort, President, CEO and Director or Talisker Resources, a junior mining company involved in the exploration of gold projects of two advanced stage projects, the Bralorne Gold Complex and the Ladner Gold Project, both advanced stage projects with significant exploration potential from historical high-grade producing gold mines, as well as its Spencer Bridge Project. Terry is a structural geologist by background with over 25 years experience working across Australia, South America, and Canada during his career and has discovered a few significant deposits like AngloGold Ashanti’s Le Colosa and Gramalote deposits. At the helm of Talisker Resources for the past 6 years, Terry gives us an update since we last spoke, an overview of their Bralorne gold project, and all the technicalities around the resource, their approach to sustainability and environmental responsibility, and the biggest challenges they are facing as they go into first pour. KEY TAKEAWAYS The company is currently transitioning Braylorne into production, with plans to start mining operations by the end of April or early May, targeting an average grade of approximately 11 grams per ton over the first five years. Talisker has successfully implemented ore sorting technology, which has significantly increased the grade of the material processed, allowing for a more efficient operation without the immediate need for building a mill. Terry and his team work closely with First Nation partners and focusing on responsible waste management, including potential uses for waste material and transitioning to dry stack tailings to minimise environmental impact. Talisker boasts a diverse and experienced management team, including veterans from major mining companies, which enhances the company's ability to navigate the challenges of transitioning from exploration to production effectively. BEST MOMENTS "I think it really comes down to understanding, particularly continuity of these deposits. There have been a lot of classic failures in vein mining around the world where there hasn't been enough drilling or they don't understand the modelling of these structures." "We're looking at transitioning across into paste backfill, putting it back in the hole. We've got tonnes of holes there underground." "We're starting off here at just 100 tonnes per day for the first three months until we get everything sorted out." VALUABLE RESOURCES Mail: rob@mining-international.org LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/ X: https://twitter.com/MiningRobTyson YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast Web: http://www.mining-international.org This episode is sponsored by Hawcroft, leaders in property risk management since 1992. They offer: Insurance risk surveys recognised as an industry standard Construction risk reviews Asset criticality assessments and more Working across over 600 sites globally, Hawcroft supports mining, processing, smelting, power, refining, ports, and rail operations. For bespoke property risk management services, visit www.hawcroft.com GUEST SOCIALS https://taliskerresources.com/ LinkedIn: https://linkedin.com/company/talisker-resources X: https://twitter.com/Talisker_Ltd Instagram: https://www.instagram.com/talisker_resources Facebook: https://facebook.com/profile.php?id=61565501233511 ABOUT THE HOST Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first-world to third-world countries from Africa, Europe, the Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace. CONTACT METHOD rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/ Podcast Description Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins us to discuss the attractive value proposition he sees in 3 different gold – copper – critical minerals junior resource stocks. These companies have all released important exploration news over the last week, which sets up future news releases to build upon their current work programs.   Inflection Resources Ltd. (CSE: AUCU / OTCQB: AUCUF) announced on March 25th that AngloGold Ashanti Australia Limited (NYSE: AU / JSE: ANG) has completed Phase I of the Exploration Earn-in Agreement announced on June 14, 2023 by investing AUD$10,000,000 in the Company's portfolio of copper-gold projects in New South Wales, Australia.  AngloGold Ashanti has designated a total of four copper-gold, Duck Creek, Trangie, Crooked Creek and Nynganto, proceed to Phase II of the Earn-In Agreement.   Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) announced on March 31st a batch of assay results from the producing McCreedy West Mine and the adjacent Levack Mine. Drilling at McCreedy West was focused on the 700 Footwall Cu-PGE zone resource expansion and definition in support of mid-term production planning, and targeted areas near historical mining. Drilling at Levack was targeting the near surface Keel Footwall Cu zone.   District Metals Corp. (TSXV: DMX) (Nasdaq First North: DMXSE SDB) (OTCQB: DMXCF) announced on March 26th drill assay results for five drill holes (GRAGR-151 to -155) completed during the Fall 2024 drill program at the base metal polymetallic Stollberg Property located in the Bergslagen Mining District in south-central Sweden.   * In full disclosure, the companies mentioned by Erik in this interview, are positions held in his personal portfolio, and also may be site sponsors of The Hedgeless Horseman website at the time of this recording.  Additionally, Shad holds a position in Magna Mining at the time of this recording.   Click here to visit Erik's site – The Hedgeless Horseman  

Interview with Luke Alexander, President & CEO of Newcore Gold Ltd.Our previous interview: https://www.cruxinvestor.com/posts/newcore-gold-tsxvnew-advancing-enchi-a-gold-developer-to-watch-4714Recording date: 11th March 2025Newcore Gold is rapidly developing its flagship Enchi gold project in Ghana, establishing itself as one of the country's most advanced greenfield gold projects. The company recently strengthened its financial position through an oversubscribed financing round that raised $15 million—exceeding the initial $12 million target—with 90% backed by institutional investors. This funding, combined with existing cash reserves and in-the-money warrants, gives Newcore over $20 million to advance its ambitious plans.The Enchi project demonstrates compelling economics per its 2024 Preliminary Economic Assessment (PEA), showing an after-tax NPV of $630 million, a remarkable 92% IRR, and a swift 1.1-year payback period at a $2,350 gold price. Currently trading at approximately 0.1 times its NPV, the company presents significant upside potential as it progresses toward a Pre-Feasibility Study (PFS) expected in the first half of 2026.Newcore has expanded its drilling program from 10,000 to 35,000 meters, focusing on multiple objectives: converting inferred resources to indicated, expanding along strike, testing parallel structures, and exploring high-grade feeder zones at depth. The company aims to increase its indicated resources from 740,000 ounces to approximately 1.3 million ounces to support the upcoming PFS.The company's development strategy involves a phased approach to production, beginning with an open-pit heap leach operation processing oxide and transitional material, projected to produce approximately 122,000 ounces annually over a 9-year mine life. As the sulfide resource grows, Newcore plans to add a CIL plant around year five or six, potentially increasing production to 200,000-250,000 ounces annually.Ghana's status as Africa's largest gold producer and the sixth-largest globally provides Newcore with a stable operating environment. The country hosts operations from major miners including Newmont, Goldfields, and AngloGold Ashanti, underscoring its attractiveness as a mining jurisdiction.With management and the board owning approximately 15% of the company, interests are strongly aligned with shareholders. Newcore maintains strategic flexibility to either develop the project independently with its manageable $106 million capital requirement or position for acquisition as the resource and production profile grows.Through its aggressive drilling campaign, strong treasury position, and clear development pathway, Newcore Gold is well-positioned to create substantial value for shareholders while advancing one of Ghana's most promising gold projects.View Newcore Gold's company proflle: https://www.cruxinvestor.com/companies/newcore-goldSign up for Crux Investor: https://cruxinvestor.com

Interview with Dan Noone, CEO of G2 Goldfields Inc.Our previous interview: https://www.cruxinvestor.com/posts/g2-goldfields-tsxvgtwo-guyana-gold-explorer-preps-strategic-split-asset-sale-6550Recording date: 10th March 2025G2 Goldfields has announced a significant achievement with its latest mineral resource estimation showing over 3 million ounces of gold at its Oko-Aremu project in Guyana. This marks the company's third resource update, steadily growing from just over 1 million ounces in its first estimation to now exceeding 3 million ounces.The company completed 59,000 meters of drilling last year, primarily at the Ghanie deposit, successfully connecting previously separate zones into a continuous 2.5-kilometer mineralized shear zone. The project features two distinct mineralization styles: the high-grade OKO Main Zone, where shears 3, 4, and 5 contain approximately 960,000 ounces averaging 9 g/t gold, and the Ghanie deposit with both high-grade footwall zones (7 g/t) and disseminated hanging wall mineralization (1 g/t).CEO Dan Noone highlighted the project's robust nature regardless of cut-off grade parameters, stating, "The deposit isn't sensitive to cut-off grade... The ounces always seem to be there; it doesn't really matter what parameters we put in."The project demonstrates excellent metallurgical performance with gold recoveries averaging 98.5% at OKO Main Zone and 94.2% at Ghanie, with no problematic elements present in the mineralization. This clean metallurgical profile makes the deposit well-suited for gravity recovery methods, potentially reducing both capital and operating expenses.G2 Goldfields is currently operating two drill rigs targeting higher-grade zones at depth and along strike. Recent drilling has shown promising results, with visible gold observed in step-out holes. The company is also exploring additional targets including OKO North and an area called Birdcage.With approximately $37 million in cash, G2 is well-funded for continued exploration without requiring additional financing. AngloGold Ashanti holds nearly 15% ownership in the company, and multiple mining companies have reviewed their data room under active non-disclosure agreements, suggesting potential acquisition interest.The proximity to G Mining's neighboring project creates potential synergies that could be attractive to acquirers. Noone noted, "It's obvious to anybody that this is really one big 5-kilometer long deposit... not much different to the Kalgoorlie Super Pit which had three mines on it, or Red Lake, or Kirkland Lake. And so there's obvious synergies here."Looking ahead to 2025, Noone hopes to see gold prices remain strong above $3,000 per ounce and make additional discoveries along the main shear trend comparable to OKO Main Zone or Ghanie.View G2 Goldfields' company profile: https://www.cruxinvestor.com/companies/g2-goldfieldsSign up for Crux Investor: https://cruxinvestor.com

Alistair Waddell, President and CEO of Inflection Resources (CSE:AUCU - OTCQB: AUCUF) joins us to recap the drill results from the Trangie and Duck Creek released on February 4th.    We delve into the recent drill results from the Trangie and Duck Creek Projects and explore why the results from the Trangie Project garnered significant market interest, leading to notable stock price movements. These projects are situated in the prolific Macquarie Arc, in eastern Australia, known for its major copper-gold porphyry systems. Alistair explains the geological context of their exploration, the specific targeting and drilling methodologies used, and the significance of the results achieved.    He also discusses the Company's strategic partnership with AngloGold Ashanti, focusing on the progress of the A$10million Phase 1 stage and the outlook for other projects to be added to Phase 2 of the exploration agreement.    Alistair then sheds light on upcoming plans, including follow-up drilling at Trangie and additional step-out drilling at Duck Creek.   If you have any follow up questions for Alistair please email us at Fleck@kereport.com and Shad@kereport.com.    Click here to visit the Inflection Resources website to learn more about the Company.

Interview with Todd Williams, MD of Unico SilverRecording date: 6th February 2025Unico Silver (ASX:USL) is rapidly emerging as a significant player in Argentina's silver sector, having assembled a substantial resource base in the Santa Cruz mineral province. The company has built a 160-million-ounce silver equivalent (AgEq) resource through strategic acquisitions and exploration, positioning itself as the third-largest holder of silver resources in the region behind Newmont and AngloGold Ashanti.Starting as a A$3 million junior explorer in 2019, Unico Silver executed a focused consolidation strategy, acquiring two key adjacent projects - Cerro Leon and Joaquin - at a remarkably low cost of A$0.10 per silver equivalent ounce. The acquisitions followed two years of complex negotiations to consolidate the district from five separate owners.The company's flagship Cerro Leon project holds over 90 million ounces of silver equivalent resources, while the adjacent Joaquin project contains over 65 million ounces. Management sees significant exploration upside in the unexplored depth extensions of high-grade polymetallic vein systems across both projects.To capitalize on this potential, Unico Silver has launched a major 50,000-meter drill program, currently 5% complete, aimed at expanding the resource base to 250-300 million ounces. The company is developing a conceptual mine plan centered on a processing facility at Cerro Leon, which could potentially produce 8-12 million ounces of silver annually.The proposed development strategy involves a two-phase approach: initial processing of oxide material from both projects in the first five years, followed by the addition of a flotation plant to treat deeper polymetallic mineralization. This staged approach aims to optimize the project's economics while building towards a long-life mining operation.The investment case for Unico Silver is strengthened by broader market dynamics in the silver sector. Demand for silver is experiencing significant growth, particularly from the photovoltaic industry, which now consumes over 300 million ounces annually - up from minimal levels a decade ago. This increasing demand, coupled with flat to declining mine supply and limited new projects in development, creates a favorable environment for new silver producers.Managing Director Todd Williams summarizes the opportunity: "I think tomorrow will not be like the past, you know, I think we're moving into a new paradigm and we're preparing ourselves for that paradigm." With strong institutional backing and a clear development strategy, Unico Silver aims to establish itself as a major player in the global silver market by meeting the growing demand for silver in the renewable energy sector.View Unico Silver's company profile: https://www.cruxinvestor.com/companies/unico-silverSign up for Crux Investor: https://cruxinvestor.com

Interview with Sam Spring, CEO, Kincora CopperOur previous interview: https://www.cruxinvestor.com/posts/kincora-copper-kcc-gold-explorer-pivoted-from-mongolia-to-australia-327Recording date: 17th of January, 2025Kincora Copper (TSXV:KCC) has successfully transformed its business model by adopting an asset-level funding strategy, securing partnerships for 5 of its 12 projects in response to challenging market conditions for junior miners. The company has unlocked up to $60 million in potential partner funding, with $3-3.5 million deployed in exploration activities during 2024.Operating in Australia's Macquarie Arc, a premier porphyry belt known for significant copper-gold deposits, Kincora is led by a technical team including John Holliday, an expert on the Macquarie Arc, and Peter Leaman, who has previous experience with major discoveries including Reko Diq in Pakistan.The company's strategic pivot began in 2019-2020 with a focus on the Macquarie Arc region in New South Wales. After consolidating 100% ownership of its projects by converting minority interests to the listed company level, Kincora has been able to structure partnerships with major mining companies. A notable example is their agreement with AngloGold Ashanti for the Nevertire and Mulla projects, where AngloGold can earn up to 80% interest by investing $50 million over seven years.The asset-level funding model allows Kincora to advance multiple projects simultaneously while minimizing shareholder dilution. The company maintains minority interests in partnered projects and receives management fees that help cover general and administrative costs. Recently completed partner-funded drilling of 7,000 meters represents significant progress in their exploration efforts.CEO Sam Spring anticipates near-term catalysts including initial drilling results and potentially larger partnership deals. With a current market capitalization of $10 million, the company sees potential for significant revaluation as exploration programs advance and new partnerships are secured. Looking ahead to 2025, Kincora targets $5-10 million in partner-funded exploration activities.The company's strategy aligns with broader industry trends, as major mining companies seek to replenish their project pipelines through partnerships with junior explorers. This shift comes as majors face challenges in organic exploration and increasing competition for producing assets. The arrangement benefits both parties: major miners gain access to early-stage discoveries while juniors receive funding and maintain upside exposure without excessive dilution.Learn more: https://www.cruxinvestor.com/companies/kincora-copper-limitedSign up for Crux Investor: https://cruxinvestor.com

Interview with Dan Noone, CEO of G2 Goldfields Inc.Our previous interview: https://www.cruxinvestor.com/posts/g2-goldfields-tsxvgtwo-aggressively-drilling-as-guyana-ma-heats-up-6029Recording date: 14th January 2025G2 Goldfields, a high-grade gold exploration company listed on the TSX Venture Exchange (TSXV:GTWO) and OTCQB (GUYGF), is advancing its gold projects in Guyana while preparing for significant corporate restructuring. The company's flagship Oko project, discovered in late 2019, has already established a resource of over 2 million ounces, with an updated estimate expected in Q1 2025 following an additional 58,000 meters of drilling.The company has announced plans to split its assets into two entities. The core G2 assets, which host the current resource, will be positioned for sale, while the regional exploration properties will be spun out into a new company called G3 Goldfields. Current shareholders will receive G3 shares on a 1:2 ratio, allowing them to benefit from both the potential G2 sale and ongoing exploration upside.G2's success in Guyana has attracted significant attention from major mining companies, with AngloGold Ashanti taking a 15% stake in the company. This investment validates both G2's assets and Guyana as an emerging mining jurisdiction. The country has seen increased interest from international miners, partly driven by Exxon's major oil discoveries that have raised Guyana's profile with American investors.In preparation for a potential sale, G2 is completing key milestones, including converting claims to prospecting licenses and updating its resource estimate. The company has already completed a year of environmental baseline studies to facilitate future permitting processes. CEO Dan Noone emphasizes the supportive nature of Guyana's government and the efficiency of its permitting system.The new G3 entity will control approximately 44,000 acres of property north of the main G2 project area, including several historic mine sites such as Peters and Aremu. G2 plans to provide G3 with $5-10 million in initial funding to support its first year of exploration activities, allowing the new company to create value before seeking additional capital.The company's strategy reflects a focused approach to creating shareholder value: developing and de-risking assets to the point of sale rather than becoming a mine operator, while maintaining exploration upside through the G3 spin-out. This dual-track approach, combined with Guyana's emergence as an attractive mining jurisdiction and strong institutional backing, positions G2 Goldfields shareholders to potentially benefit from both near-term asset monetization and ongoing exploration success.View G2 Goldfields' company profile: https://www.cruxinvestor.com/companies/g2-goldfieldsSign up for Crux Investor: https://cruxinvestor.com

Nick Kunze from Sanlam Private Wealth discusses Murray & Roberts's trading suspension and AngloGold Ashanti's Egyptian acquisition. Reunert CEO Alan Dickson reviews strong results driven by defence and power cable segments. Bradley Elliott, CEO of RelyComply, highlights emerging money laundering tactics involving unregulated gambling, cryptocurrency, and digital muling.

Gary Booysen of Rand Swiss discusses the day's market news, local moves disappointing, the gold price, SuperGroup's cautionary, news around AngloGold Ashanti's Egypt acquisition, and Oceana's results. SAfm Market Update - Podcasts and live stream

Prime Minister delivered a speech during the opening session of the Future Investment Initiative (FII) conference in Riyadh. The speech was about Egypt's approach to securing sustainable and inclusive development, with a particular focus on empowering the private sector and further developing our energy sector, transport and infrastructure networks, and telecom and CIT industry.The Ministry of Industry and Transport, in coordination with the Ministries of Electricity and Petroleum, is preparing a new mechanism to waive the interest and fines accumulated on the debts of troubled factories owed to these parties.The EGX is working on restructuring the 18 sectoral indices, in terms of relative weights and liquidity of stocks.LSE- and TSX-listed Centamin's shareholders approved NYSE-listed global miner AngloGold Ashanti acquisition bid, with 98% voting in favor. The transaction will be carried out on 22 November, pending the Royal Court in Jersey's approval in a court hearing scheduled for 20 November.The Senate finalized the draft renewal of the Tax Disputes Settlement Law until the end of 2025.OCDI reported strong 9M24 sales of EGP39.8 billion, up 101.1% y/y, implying 3Q24 sales of EGP28.8 billion, up 148.4% y/y. This was driven by the launch of Ogami, OCDI's latest North Coast project. Net profit in 3Q24 increased 45.4% y/y and 31.3% q/q to EGP309.0 million, bringing 9M24 net profit up 70.7% y/y to EGP934.6 million.The FRA gave a nod to LCSW (FV: EGP30.08, OW) to go through the procedures to merge the company's three sanitary ware and tile manufacturing subsidiary companies in Egypt into Lecico Egypt S.A.E. (the parent company) to improve operational and financial efficiencies.Medcom-Aswan for Cement is currently in negotiations, with Libyan investors, to launch a new cement facility in the Capital Tripoli with investments of around EGP6 billion. Japanese conglomerate Sumitomo subsidiary is putting the finishing touches on its cable factory in Tenth of Ramadan, with production set to begin next month before an official opening in 1Q25.ABUK sent a release announcing that the company's BoD approved the installation of solar stations with a capacity of 2.5 MW for reducing electricity consumption from the grid.State-owned Egypt Gas will partner with Jordan's Aqaba Development Corporation (ADC) to set up a natural gas supply network for Quweira Industrial Zone in Aqaba, Jordan. The Egyptian Competition Authority received three requests from ADQ to acquire three companies through its subsidiary Alpha Oryx Limited. Its worth noting that Alpha Oryx was established by ADQ for the purpose of acquiring 25% of EDC, 30% of Ethydco, and 35% of ELAB. 

The government yesterday announced its first batch of new amendments to the tax system, which aim to ease the burden on taxpayers. Amendments include: Launching a central clearing system, putting a cap on late payment penalties such that the penalty does not exceed the original amount of tax due, establishing a pre-inquiry service for both local and foreign and raising the exemption threshold for submitting a transfer pricing study for international companies to EGP30 mn, instead of the previous EGP8 mn.The government is set to announce further investment incentives, including a new export rebate program, Madbouly said.The government is preparing substantial incentives to incorporate thousands of new taxpayers into the system, including a comprehensive tax amnesty covering VAT, stamp tax, and other tax obligations in addition to income tax, which had previously been the only category covered under the 2020 SMEs law.A government source mentioned that there are two options for an alternative simplified collection mechanism for the capital gains tax: either the return of the stamp tax, or a fixed tax of 2% at the time of sale, which would be deducted immediately and collected by the ETA.The government is negotiating with two Chinese companies to establish factories for electric and hybrid cars in Egypt during the coming year.The government is continuing to work with gold miner Centamin to exploit the Sukari mine in line with the state's existing contract, Madbouly said in comments on global mining company AngloGold Ashanti's acquisition of Centamin for USD 2.5 bn. Egypt's share is “undisputed and may even increase,” Madbouly added.The Oil Ministry and Electricity Ministry are awaiting consumption reports and supply data from the relevant authorities ahead of a meeting next week to make a decision on the resumption of power cuts, a government source said.Turkey has expressed interest in purveying Egyptian offshore natural gas via its floating storage units and gasification ships.The prime minister affirmed that despite recent economic and geopolitical hurdles that saw the government rearrange its priorities for certain companies included in its privatization offering, with new companies to be announced in the coming period.The EBRD intends to invest EUR1.2 billion in Egypt during 2024, potentially in trade financing and renewable energy sectors.The Singaporean company Elite Solar announced an investment of USD150 million in Egypt to establish a solar energy manufacturing center with a production capacity of 8 gigawatts in the Suez Canal Special Economic Zone.ORWE announced that it has contracted with IRSC Renewable Energy Solutions, a company specialized in building renewable energy systems, to install a 2.5-megawatt solar power plant in one of its factories in 10th of Ramadan City, with investments exceeding USD1.5 million.Medical supplies division at the federation of Egyptian industries submitted three requests to the Egyptian drug authority to support and localize the medical supplies industries inside the Egyptian market, to enable its competitiveness locally and globally. CICH's Asset Management arm intends to launch five sectoral equity investment funds in the fourth quarter of 2024 with an initial total combined value of EGP50 million, reaching EGP250 million within a year.HDBK finances 200 units affiliated with the Urban Development Fund. 

Independent analyst Jimmy Moyaha comments on AngloGold Ashanti's acquisition of an Egyptian gold mine, primarily funded through equity. Attacq CEO Jackie van Niekerk discusses the company's strong results, with a 19% increase in FY dividends. Roné Swanepoel from Morningstar SA highlights data showing that chasing returns often results in lower long-term gains.

In deze aflevering van Z 7 op 7 hoor je hoe Apple en Google op dezelfde dag hun miljarden-rechtszaak tegen de Europese Commissie verliezen.Hoe de overheden landbouwers onder druk zetten door een deel van de publieke gronden te verkopen. En hoe Specter, de Gentse speedpedelecbouwer 2 miljoen kapitaal ophaalt.In zijn beursanalyse heeft Erik Joly van ABN Amro het over Oracle en haar kwartaalwinsten die beter zijn dan verwacht en de overname van Zuid-Afrikaanse mijnreus AngloGold Ashanti die z'n Brits-Canadese sectorgenoot Centamin overneemt.En Stijn Fockedey, Hoofdredacteur van Trends Kanaal Z,  heeft het over de paradox tussen het goedkoop produceren van energie uit windmolens en zonnepanelen, terwijl het ons tegelijkertijd miljarden kost.

*Key news articles for today* NYSE-listed global miner AngloGold Ashanti will buy Egypt-focused LSE- and TSX-listed Centamin in a cash and share transaction valued at around USD 2.5 bn.Annual urban inflation has accelerated to 26.2% in August after having fallen to 25.7% — its lowest level since December 2022 — in July. Annual core inflation — which excludes volatile items like food and fuel — also rose, with the Central Bank of Egypt (CBE) recording an annual core inflation of 25.1% in August 2024, up 0.7 percentage points from 24.4% in July. Meanwhile, monthly core inflation was back in the red, coming in at 0.9% in August compared to -0.5% in July.The government's new tax incentives and other tax measures will be announced later today.The government is studying alternatives to tax EGX capital gains, including imposing a 0.15% stamp tax to replace the long-awaited, and many times postponed capital gains tax for EGX transactions.State-owned Ayadi for Investment & Development is considering offering shares on the EGX within two years, Chairman Osama Saleh said.The British Investment Corporation (BII) has allocated about USD100 million to invest in technology companies in Egypt in their early stages.ESRS reported its consolidated results for 2Q24 with net attributable income coming in at EGP652.7 million, lower 36% YoY and 28% QoQ, bringing 1H24 bottom line to EGP1.6 billion reversing comparative interim losses of EGP643.3 million. ESRS is currently trading at FY25e P/E of 5.4x.PHDC (FV: EGP8.78, OW) is planning to launch a 150 feddan project on the North Coast in 1Q25.EGPC targets increasing its refining capacity by 9% to reach 34 million tons of crude oil during FY24/25, from 31 million tons in FY23/24.HRHO is working on two IPOs in the Egyptian private sector, along with 4 IPOs in the Saudi market that will be launched before the end of this year, in addition to two other offerings during the first quarter of 2025.CNFN opened its first branch in Dubai yesterday. The expansion aims to cater to Egyptian expats in the UAE by giving them access to financing and insurance services in Egypt. Expats can pay for services in Egypt such as mortgages, club memberships, car installments, green finance, and others.EFIH BoD proposed distributing a DPS of EGP0.197 for 1H24 profits, pending assembly's approval.POUL BoD proposed cash dividend of EGP0.85/share for FY2023, implying dividend payout ratio of 28.0% and dividend yield of 10.7%.

Stephen Grootes discusses with David McKay, Editor at Miningmx, AngloGold Ashanti's significant R45 billion acquisition of Egypt's largest gold mine, a move that signals a major expansion into the North African region.See omnystudio.com/listener for privacy information.

In Eastern Australia's underexplored Macquarie Arc, Inflection Resources (CSE: AUCU │ OTCQB: AUCUF │ FSE: 5VJ) is looking to unearth some of Australia's biggest copper and gold mines. Inflection Resources is a sub-brand of NewQuest Capital, an investment group that incubates and finances early-stage mineral exploration projects worldwide.In this interview, Inflection Resources President, CEO, and Director Alistair Waddell discusses the gold and copper exploration opportunity in the Macquarie Arc, Inflection's partnership with global gold mining company AngloGold Ashanti, and current and future activities.Discover Inflection Resources' copper and gold exploration in Eastern Australia: https://inflectionresources.com/Learn more about NewQuest Capital: https://www.nqcapitalgroup.com/Watch the full YouTube interview here: https://www.youtube.com/watch?v=-IgRgFwHqh8And follow us to stay updated: https://www.youtube.com/@GlobalOneMedia?sub_confirmation=1

Siguiri Gold chairman Michael Minosora talked with Proactive about the company's progress towards its upcoming IPO on the ASX and ongoing exploration efforts in Guinea. Minosora highlighted that Siguiri Gold has already completed 10,000 meters of its 70,000-meter drilling program at the Siguiri Gold Project, with plans to resume drilling once the listing is finalised. He expressed confidence in releasing a maiden resource estimate by early next year, which will provide significant insights into the project's potential. Minosora detailed Siguiri Gold's strategic advantage, with its ground located adjacent to the well-established AngloGold Ashanti mine in Guinea, known for producing 250,000 to 300,000 ounces of gold annually. He emphasised the simplicity and cost-efficiency of the project's geology and processing, which align with Siguiri Gold's focus on low CapEx and operational efficiency. Discussing Guinea as a mining jurisdiction, Minosora praised its evolution into a recognised metals and mining destination, citing significant investments like Rio Tinto's Simandou project. With a positive outlook on both the IPO and ongoing exploration, Minosora assured investors of regular updates, starting with drilling results expected in October. For more in-depth interviews and updates on Siguiri Gold's progress, visit Proactive's YouTube channel. Don't forget to like this video, subscribe, and enable notifications for future content. #SiguiriGold #GoldMining #ASXIPO #GuineaMining #MichaelMinosora #GoldExploration #MiningInvesting #ResourceEstimates #DrillingPrograms #MiningNews #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Apple's Financial Performance and Buffett's Decision: Apple's recent financial results showed steady revenue growth across various segments including iPhone, MacBooks, and iPads. Warren Buffett's Berkshire Hathaway reduced its stake in Apple by half, sparking market speculation. The implications of Apple's valuation and Buffett's strategy in maintaining a significant yet reduced position in Apple were discussed. Market Movements in Japan: The dramatic drop in Japan's Nikkei 225 index, which fell nearly 27% from its recent highs, was analyzed. Possible reasons behind the sell-off included the unwinding of the Japanese carry trade and broader market concerns about global economic stability. The role of low liquidity in exacerbating the market decline was highlighted. Nikkei 225 Nedbank's Financial Results: Nedbank reported solid financial results with HEP's up 11% and a near 15% return on equity. Improvements in impairments and concerns over the cost-to-income ratio were noted. The banking index's performance and its implications for Nedbank's stock were discussed. Anglogold Ashanti's* Performance: Anglogold Ashanti's strong production and profitability metrics were reviewed. The importance of holding gold miners and gold ETFs in the current market environment was emphasized. Launch of Ethereum ETFs: The approval of Ethereum ETFs by the US SEC was announced, with eight new ETFs available for trading in New York. The differences between Ethereum's proof-of-stake blockchain and Bitcoin's proof-of-work blockchain were explained. Potential implications for investors and the broader crypto market were discussed. Simon Brown * I hold ungeared positions. All charts by KoyFin | Get 10% off your order  

Chantal Marx, hoof van beleggingsnavorsing by FNB Wealth & Investments gesels oor die markte, Sasfin, en AngloGold Ashanti. Volg RSG Geldsake op Twitter

Interview with Derek McPherson, Executive Chairman, and Samuel Pelaez, President & CEO, of Olive Resource Capital Inc.Recording date: 18th July 2024The gold mining sector appears to be on the cusp of a potentially significant shift as we approach the Q2 2023 reporting season. Industry experts anticipate substantial margin expansion for gold producers, driven by sustained high prices and moderated input costs. This unique combination could catalyse increased investor interest in gold equities, particularly from generalist funds that have traditionally overlooked the sector.Gold prices have been trading at record highs, pushing $2,400 per ounce, and have remained elevated throughout most of Q2 2023. Unlike previous periods of high gold prices, key producer input costs - including labor, energy, and other commodities - have stabilized. This scenario creates the potential for gold producers to see significant increases in their profit margins, which could be reflected in their upcoming quarterly reports.Historically, such periods of margin expansion have led to outperformance in gold equities However, industry observers note that gold stocks have not yet fully reflected the recent price increase. For instance, while gold prices have risen by about 33% over the past six to eight months, large-cap gold stocks have only appreciated by around 44%. This discrepancy suggests there may be room for further appreciation in gold stocks, particularly if Q2 reports confirm significant margin expansion. One of the key factors that could drive this potential outperformance is increased interest from generalist investors. For large-cap gold stocks, the marginal buyer is often not specialist resource funds but rather generalist funds looking for growth and profitability. The expected margin expansion could make gold stocks more attractive on both these metrics, potentially leading to increased investment from generalist funds and driving billions of dollars into the sector.Investors looking to capitalize on this trend might consider a strategy that spans different tiers of gold companies. Typically, in a gold bull market, money flows first into large-cap producers, followed by mid-tier producers and large-scale developers, then junior producers and developers, and finally exploration companies. Each tier presents different risk-reward profiles and liquidity considerations. Large-cap producers like AngloGold Ashanti are often the first to move, attracting generalist investors. These companies offer the most liquidity and direct exposure to gold price movements. Mid-tier producers and developers, such as Aris Mining, may follow with a lag but could offer significant growth potential. Junior companies and explorers like OMAI Gold Mines or Orion Minerals typically move last but can see explosive growth. However, these smaller companies also come with higher risks and less liquidity.When considering investments in this sector, it's crucial to look for companies that stand to benefit most from margin expansion. These are often companies with moderate (not lowest) cash costs. Additionally, companies with clear paths to production growth are likely to be attractive to generalist investors. Timing is particularly important when it comes to junior gold companies. Due to their lower liquidity, it can be challenging to build or exit positions quickly. Investors often need to establish positions early, as price moves can be sudden and significant. While the outlook for gold equities appears positive, investors should be aware of the risks. The gold mining sector can be volatile, particularly for junior stocks. Geopolitical risks associated with a company's projects should also be considered. Additionally, while margin expansion is expected, the exact timing and magnitude are uncertain. A balanced approach to investing in the gold mining sector might involve exposure to different tiers of companies. This could help capture potential gains while managing risk and maintaining sufficient liquidity. As always, investors should regularly reassess their portfolio allocation as market conditions evolve.In conclusion, the upcoming Q2 2023 reporting season could potentially serve as a catalyst for significant moves in gold equities. While this presents opportunities across the gold mining sector, investors need to carefully consider factors such as timing, liquidity, and company-specific risks when making investment decisions.‍—Learn more: https://cruxinvestor.com/categories/commodities/goldSign up for Crux Investor: https://cruxinvestor.com 

Around the world, large-scale greenfield opportunities await discovery and exploration. NewQuest Capital, an entrepreneurial and discovery-driven investment group, is leading the charge in finding the next big mineral discovery.In this interview, Co-Founder and Director Alistair Waddell provides an overview of the company's portfolio of companies operating in mining-friendly jurisdictions. Two of these companies have multi-year exploration agreements with Newmont and AngloGold Ashanti.Inflection Resources (CSE: AUCU | OTCQB: AUCUF | FSE: 5VJ) - Gold & Copper

Heliostar Metals is acquiring 4 projects in Mexico formerly with Argonaut Gold. G2 Gold is financing while AngloGold Ashanti increases their stake int he company. Collective Mining will trade on the NYSE American. Liberty Gold has commenced a 20,000m drill program in Idaho. This episode of Mining Stock Daily is brought to you by...  Arizona Sonoran Copper Company (ASCU:TSX) is focused on developing its brownfield copper project on private land in Arizona. The Cactus Mine Project is located less than an hour's drive from the Phoenix International airport. Grid power and the Union Pacific Rail line situated at the base of the Cactus Project main road. With permitted water access, a streamlined permitting framework and infrastructure already in place, ASCU's Cactus Mine Project is a lower risk copper development project in the infrastructure-rich heartland of Arizona.For more information, please visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.arizonasonoran.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Fireweed Metals is advancing 3 different projects within the Yukon and Northwest Territories, including the flagship Macmillan Pass Project, a large zinc-lead-silver deposit and the Mactung Project, one of the largest and highest-grade tungsten deposits in the world. Fireweed plans to advance these projects through exploration, resource definition, metallurgy, engineering, economic studies and collaboration with indigenous people on the path to production. For more information please visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠fireweedmetals.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Vizsla Silver is focused on becoming one of the world's largest single-asset silver producers through the exploration and development of the 100% owned Panuco-Copala silver-gold district in Sinaloa, Mexico. The company consolidated this historic district in 2019 and has now completed over 325,000 meters of drilling. The company has the world's largest, undeveloped high-grade silver resource. Learn more at⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://vizslasilvercorp.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

In der heutigen Folge von „Alles auf Aktien“ sprechen die Finanzjournalisten Anja Ettel und Holger Zschäpitz über Taiwan Semiconductor, Nvidia, Apple, United Microelectronics, Vanguard International Semiconductor, Powerchip Semiconductor Manufacturing, Intel, Disney, Spotify, Dell, GE Aerospace, GE Vernova, Commerzbank, Deutsche Bank, Vonovia, Google, Levi Strauss & Co, Barrick Gold, Endeavour Mining, Newmont, Barrick Gold, Agnico Eagle Mines, Kinross Gold, iShares Gold Producers ETF (WKN: A1JKQJ), UBS Solactive Pure Gold ETF (WKN: A1JVYP), Anglogold Ashanti, Alamos Gold, Lundin, OceanaGold, Zhaojin Mining Industry, Perseus, Pason Systems, Alimentation Couche-Tard und Crinetics Pharmaceuticals und SPDR S&P Biotech ETF (WKN: A0MYHE). Wir freuen uns an Feedback über aaa@welt.de. Ab sofort gibt es noch mehr "Alles auf Aktien" bei WELTplus und Apple Podcasts – inklusive aller Artikel der Hosts und AAA-Newsletter.[ Hier bei WELT.](https://www.welt.de/podcasts/alles-auf-aktien/plus247399208/Boersen-Podcast-AAA-Bonus-Folgen-Jede-Woche-noch-mehr-Antworten-auf-Eure-Boersen-Fragen.html.) Disclaimer: Die im Podcast besprochenen Aktien und Fonds stellen keine spezifischen Kauf- oder Anlage-Empfehlungen dar. Die Moderatoren und der Verlag haften nicht für etwaige Verluste, die aufgrund der Umsetzung der Gedanken oder Ideen entstehen. Hörtipps: Für alle, die noch mehr wissen wollen: Holger Zschäpitz können Sie jede Woche im Finanz- und Wirtschaftspodcast "Deffner&Zschäpitz" hören. Außerdem bei WELT: Im werktäglichen Podcast „Das bringt der Tag“ geben wir Ihnen im Gespräch mit WELT-Experten die wichtigsten Hintergrundinformationen zu einem politischen Top-Thema des Tages. +++ Werbung +++ Du möchtest mehr über unsere Werbepartner erfahren? [**Hier findest du alle Infos & Rabatte!**](https://linktr.ee/alles_auf_aktien) Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutz: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

Market Updates: Recent news on Markus Jooste's fine and tragic passing prompts reflection on justice and mental health awareness. Telkom's sale of its towers business for R6.75 billion highlights strategic shifts and potential opportunities in the telecom sector. Ongoing rise in oil prices raises concerns about inflationary pressures and global economic impacts. Market Analysis and Insights: Gold's Surge: Gold prices hit new all-time highs above $2200, reflecting investor concerns and market sentiment following Jerome Powell's recent statements on inflation and monetary policy. Gold mining companies show varied responses, with Pan-African, Goldfields, DRD, and Anglogold Ashanti experiencing gains. Interest Rates and Economic Outlook: Powell's announcement of no immediate rate cuts and a projected total of three cuts for the year signals a cautious approach towards inflation. Rising interest rates pose challenges for companies with significant debt burdens, while those with ample cash reserves stand to benefit. Inflation and Monetary Policy: CPI data reflects higher-than-expected inflation rates, prompting speculation about potential rate cuts in South Africa and implications for economic recovery. Abenomics, Japan's economic policy experiment, demonstrates the effectiveness of unconventional monetary measures in stimulating growth and combating deflation. Company Updates and Reflections: Remgro Results: Remgro's net asset value growth raises questions about the effectiveness of its management strategy, despite trading at a significant discount. Remgro has grown its NAV per share by 5% p.a. since 2010. Over the same period, the ALSI TR index has done 12% p.a. If you expect this underperformance to continue (and nothing in their recent capital allocation decisions indicates otherwise), then a fair discount to NAV is… — Piet Viljoen (@pietviljoen) March 19, 2024   Contrasting performance with Sabvest Capital highlights the importance of superior returns and effective capital allocation in investment decisions. Sun International: Strong financial results from Sun International underscore challenges and opportunities in the leisure and hospitality sector, amid shifting consumer behaviors and economic uncertainties.

Chantal Marx, hoof van beleggingsnavorsing by FNB Wealth and Investments gesels oor die plaaslike beurs wat onder druk is, WeBuyCars wat noteer, en AngloGold Ashanti se winssyfers. Volg RSG Geldsake op Twitter

n this conversation, David Finch provides market commentary on gold and its relationship with equities. He discusses the factors driving the gold price, including central bank buying and individual buying in China. He also explains the impact of synchronized buying and short covering on the gold price. Finch highlights the challenges faced by large gold producers with complex operations and suggests that simpler operations produce better and more visible cash flows. He discusses Calibre Mining's efforts to decrease jurisdictional risk and their inclusion in the GDX. Finch also comments on Rupert Resources' bid for B2 Gold's interest in Orion Resources and AngloGold Ashanti's resource update in Nevada. Overall, he notes that there is still some pessimism in the gold market despite recent rallies.

Interview with Dan Noone, CEO of G2 Goldfields Inc.Our previous interview: https://www.cruxinvestor.com/posts/g2-goldfields-tsxvgtwo-gold-developer-path-to-production-within-2-3-years-4868Recording date: 5th March 2024G2 Goldfields (TSXV:GTWO) is an emerging gold exploration and development company focused on the highly prospective Guiana Shield in South America. The company's flagship asset is the OKO project in Guyana, which hosts a substantial high-grade gold resource with significant upside potential.In 2022, G2 Goldfields released a maiden resource estimate at OKO, delineating an indicated resource of 220,000 oz. Au within 793,000 tonnes @ 8.63 g/t Au, and more inferred resource of 974,000 oz within 3.2 Mt at 9.25 g/t gold. The company has since completed two years of additional drilling which is expected to expand the resource and upgrade a significant portion to the indicated category. This updated estimate is on track for release by the end of Q1 2024.Exploration success continued in 2023 with the discovery of the OKO Northwest zone, which returned 15m at 6 g/t gold in initial drilling. This new zone lies on trend with the main OKO deposit and demonstrates the potential for further discoveries along the 20km long property package.G2 Goldfields recently strengthened its balance sheet via a $22 million strategic investment from gold major AngloGold Ashanti, giving sufficient funds for exploration in the next two years. AngloGold's backing represents a significant vote of confidence in the OKO project and G2's management team.The company is taking a systematic approach to exploration at OKO, focusing on shallow drilling to expand the near-surface resource potential along the strike. The goal is to delineate the full scope of the project before advancing to economic studies. This strategy is expected to maximize value for shareholders by demonstrating the multi-million-ounce potential of the district.To support this work, G2 has refined its geological model of the OKO deposits, with a focus on targeting high-grade mineralization. The upcoming resource update should better reflect the distribution and continuity of these high-grade zones.Investors can expect strong news flow from G2 Goldfields in the coming months, with ongoing exploration results, the updated resource estimate, and potential new discoveries. The company is also advancing project development initiatives to streamline the permitting process.Overall, G2 Goldfields offers a compelling opportunity for exposure to a high-grade gold discovery in a top mining jurisdiction. With a substantial resource base, major backing, and multiple avenues for growth, the company is well-positioned to create value for shareholders. As the gold market gains momentum, G2 Goldfields stands out as an attractive investment proposition.View G2 Goldfileds' company profile: https://www.cruxinvestor.com/companies/g2-goldfieldsSign up for Crux Investor: https://cruxinvestor.com

Paddy Nicol, President and CEO, and Marco LoCasio, VP of Corporate Development, at Orogen Royalties (TSX.V: OGN – OTCQX: OGNRF) both join me for a comprehensive update on this hybrid royalty company and prospect generator, reviewing some of the key cornerstone royalty assets, and some of the up and coming projects moving from exploration into development.   We start off discussing their 2% royalty on the Ermitaño West project, held by First Majestic, and how this producing asset is bringing in revenues to the Company.  Next, we review the key 1% royalty on the Silicon deposit, and the Merlin Zone, (not called the Expanded Silicon Project) which is being explored and developed by Anglogold Ashanti in Nevada. There has been substantial resource growth seen there over the last few years, with a resource update out just earlier this week, making this a flagship royalty asset in development.   We highlight a few other partner exploration and development projects out of their portfolio of 26 royalties, noting the acquisition of the La Rica copper royalty in Colombia, the royalty on Kodiak Copper's MPD Project and Headwater Gold's Spring Peak project.  We also discuss the Orogen Royalties diversification in metals, operators, jurisdictions, and shareholder base.   If you have questions for Paddy or Marco on Orogen Royalties, then please email me at Shad@kereport.com.   In full disclosure, Shad is a shareholder of Orogen Royalties at the time of this recording.   Click here to follow the news at Orogen Royalties

In this episode we have a returning guest who appeared back in November 2021 (Episode 186). Alistair Waddell, President & CEO at Inflection Resources & Chairman at Headwater Gold who are both junior explorers working across Australia and the US focusing on high-grade precious metals and copper assets.  Alistair is an experienced exploration geologist by background with experience in early-stage opportunity recognition spanning from greenfields exploration to feasibility studies working for the likes of Kinross. He has solid commercial capabilities in the capital markets and is going to give us an update on both companies under the NewQuest Capital Group of companies plus the details of the agreement with Newmont and Anglo Gold Ashanti. KEY TAKEAWAYS Alistair is the President and CEO of Inflection Resources and Chairman of Headwater Gold, both junior explorers focusing on high-grade precious metals and copper assets in Australia and the US. Inflection Resources is focused on large-scale copper-gold exploration in northern New South Wales, specifically targeting the Macquarie Arc, a belt of rocks known for hosting big mines like Cadia. Inflection Resources has a multi-year joint venture with AngloGold Ashanti, who are funding their copper-gold exploration program in New South Wales. Headwater Gold is a US-focused gold explorer, specifically looking for high-grade epithermal veins. They have acquired projects on open ground and have partnered with Newmont Mining (formerly Newcrest Mining) for exploration. NewQuest Capital is the umbrella company overseeing Inflection Resources, Headwater Gold, and other exploration ventures. They focus on early-stage exploration, acquiring district-scale land positions, and drilling targets that have not been tested before. BEST MOMENTS "We've been systematically drill testing very large geophysical features, looking for these very large copper-gold porphyry deposits."  "We love drilling big targets with the potential for big discovery that have not been drill tested before."  "It's a very exciting ride for both myself and for our investors. You're getting exposure to the bit of the unknown."  "Inflection is all about drilling at this point." VALUABLE RESOURCES Mail:        rob@mining-international.org LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/ X:              https://twitter.com/MiningRobTyson YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast  Web:        http://www.mining-international.org NewQuest Capital: https://www.nqcapitalgroup.com/ Headwater Gold:https://headwatergold.com/ Inflection Resources:https://inflectionresources.com/ Red Canyon Resources: https://www.redcanyonresources.com/ Finex Metals https://finexmetals.net/ Conduit Nickle: https://conduitnickel.com/ Social LinksNewQuest: https://www.linkedin.com/company/nqcapital/ https://twitter.com/NQCapital Inflection: https://www.linkedin.com/company/inflectionresources/ https://twitter.com/InflectionAUCU Headwater: https://www.linkedin.com/company/headwater-gold-inc/ https://twitter.com/HeadwaterGold Red Canyon: https://www.linkedin.com/company/red-canyon-resources https://twitter.com/RCR_RedCanyon Finex: https://www.linkedin.com/company/finex-metals https://twitter.com/FinexMetals Tickers Headwater Gold: CSE: HWG | OTCQB: HWAUF Inflection Resources: CSE: AUCU | OTCQB: AUCUF | FSE : 5VJRed Canyon Resources: CSE: REDC Mailing list Subscription links: NewQuest Capital: Headwater Gold: Inflection Resources: Red Canyon Resources: Finex Metals ABOUT THE HOST Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first-world to third-world countries from Africa, Europe, the Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace. CONTACT METHOD rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/ Podcast Description Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people's experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics. 

Breaking News: Canal+ Offer for MultiChoice: Canal+, French TV business, offers 105 rand per share for MultiChoice minorities. Synergies between the two businesses. Legal considerations regarding foreign media ownership. MultiChoice closed at 75 rand; market likely to respond positively. Market Updates: Hyprop reports positive festive trading for its tenants. Transaction Capital plans to list WeBuyCars in March; potential value unlock. Evergrande declared bankrupt with over 300 billion dollars in debt. Hong Kong economy expanded 3.2% in 2023. China overtakes Japan as the world's top car exporter. Cristal Challenge Stock Picks: Richemont*: Luxury brand with potential in a recovering economy. [caption id="attachment_41062" align="aligncenter" width="849"] Richemont weekly chart close 31Jan24[/caption] Calgro M3*: Debt under control, potential dividend, well-managed company. [caption id="attachment_41063" align="aligncenter" width="849"] Calgro M3 weekly chart close 31Jan24[/caption] AngloGold Ashanti*: Gold as insurance; geopolitical concerns. [caption id="attachment_41061" align="aligncenter" width="849"] Anglogold Ashanti weekly chart close 31Jan24[/caption] Zeda: New listing, unbundling, potential growth. [caption id="attachment_41065" align="aligncenter" width="849"] Zeda weekly chart close 31Jan24[/caption] Mr. Price*: Positioned well in the retail sector, positive trading update. [caption id="attachment_41064" align="aligncenter" width="849"] Mr Price weekly chart close 31Jan24[/caption] Closing Remarks: Reminder to sign up for email alerts before live sessions. Host: Simon Brown * Simon holds ungeared positions. Host: Simon Brown Date: 1 February 2024

Interview with Dan Noone, CEO of G2 GoldfieldsOur previous interview: https://www.cruxinvestor.com/posts/g2-goldfields-tsxvgtwo-expanding-high-grade-gold-discovery-in-guyana-4693Recording date: 22nd January 2024High-Grade Gold Developer Demonstrates Rapid Path to ProductionG2 Goldfields is focused exclusively on advancing its high-grade gold discovery in Guyana, South America towards near-term production to crystallize value for shareholders.With an initial resource of 1.2 million ounces grading 9 g/t gold, this deposit boasts exceptional grades setting the stage for low cost, highly profitable mining operations. Ongoing drilling aims to rapidly expand resources while also derisking the pathway to bring this ore into production within a condensed 2-3 year timeframe.The project area covers significant strike length along a gold-fertile structural corridor with multiple mineralized zones identified across 17km. Continuity of high-grade ore shoots and consistent geological features confirm resource upside as exploration continues systematically testing the various targets.Validating the world-class pedigree and district scale possibilities, major gold producer AngloGold Ashanti recently made a strategic investment into G2 Goldfields at a 40% premium to prevailing share prices. This provides a strong vote of confidence in the project.The company's experienced leadership team brings substantial expertise both discovering and developing multimillion ounce gold deposits around the world. Their strategic focus beyond simply outlining larger resources sets them apart - systematic drilling also aims to de-risk the pathway for rapidly achieving commercial production.With continued exploration success over the coming year, G2 Goldfields is positioned to emerge as an advanced stage, low cost gold developer in a premier mining jurisdiction. Near term catalysts include an updated resource estimate in Q1 2023 expected to show substantial growth.—View G2 Goldfields' company profile: https://www.cruxinvestor.com/companies/g2-goldfieldsSign up for Crux Investor: https://cruxinvestor.com

Interview with Brian Dalton, President & CEO of Altius Minerals Corp.Our previous interview: https://www.cruxinvestor.com/posts/altius-minerals-als-100m-pa-revenue-from-green-investing-3304Recording date: 15th December 2023Altius Minerals holds an impressive portfolio of royalties and streams, with significant exposure to copper and potash markets set to see major supply shortfalls. Its focused strategy stands to benefit enormously if management's bullish views on commodity supercycle play out.CEO Brian Dalton foresees widening gaps between supply and demand across metals crucial to the green energy transition. Depleting reserves have reduced output from existing mines even as EV growth and global development drive more consumption. The result is drastically underinvestment in new production capacity that will take a commodity price surge to unlock.In copper specifically, champions like Altius argue rapidly expanding electric grid and vehicle manufacturing needs will overwhelm flatlining supply, likely spurring prices past incentive thresholds. As the lowest cost producer globally, operations in Altius' royalty portfolio would stand to dramatically boost volumes should attractive economics exist.While inflation and political turmoil have challenged mining companies, royalty holders avoid much of this exposure. Increased costs for operators generally translate into higher commodity selling prices. With its lucrative 3% Kami iron royalty and 2% Curipamba copper stream among others, an Altius investment offers upside to the coming commodity bull run.Two Key Catalysts ApproachingBeyond the compelling long-term thesis, Altius has potential near-term catalysts ahead. Champion Iron is set to release feasibility study results for its Kami project, where Altius holds a major royalty. The study will detail production scale, guiding valuation.Additionally, AngloGold Ashanti is advancing Silicon, revealed as a Tier-1 gold discovery royalty for Altius. AngloGold executive commentary points to a large, potentially 300-600k ounce annual operation in the making. As realization of this world-class asset grows, Altius' royalty stake may warrant portfolio elevation or market sale.Long-Term Mindset Anchors Volatile MarketsCommodity investors know cycles come and go. Underpinning Altius strategy is exploiting the trough to own stakes in mineral resources themselves. In royalties like Silicon with exploration roots, this philosophy bore fruit in discovery lottery tickets matured patiently into prime assets. Alongside commodity uptrends, such high-conviction positioning stands to thrive.Management doesn't pretend to predict precisely when markets turn. But after years sounding caution, they express growing confidence prices now teeter at levels ushering investment anew. For investors similarly optimistic on global energy decarbonization and electrification trends, Altius offers both broad commodity exposure and idiosyncratic drivers like Kami steelmaking advances.In Altius Minerals, royalty stakes offer asymmetric returns to those aligned with management's supercycle worldview. When cycles swing favorably, royalty economics cannot be beat. As an inflation hedge with tangible backing, commodity royalty vehicles seem destined for greater attention. Altius allow investors to focus fully on the long-term supply/demand dynamics tilting the playing field.—View Altius Minerals' company profile: https://www.cruxinvestor.com/companies/altius-minerals-corporationSign up for Crux Investor: https://cruxinvestor.com

Discover exciting developments at Tembo Gold (TSXV: TEM) in this exclusive interview with the CFO, Vice President of Business Development, and Director Simon Benstead and Director Marc Cernovitch.This discussion touches upon Tembo Gold's projects in the Lake Victoria Goldfield in Tanzania, particularly their flagship Tembo Project located adjacent to Barrick Gold's 20 million-ounce Bulyanhulu Mine.Both Simon and Marc also talk about how Tembo's subsidiary, Tembo Gold Tanzania, recently acquired the Imwelo and Dora Projects located 12 km from AngloGold Ashanti's Geita Gold Mine.With the support of Taifa Mining and Civils Limited, Tembo Gold has reached its transformative moment and is well-positioned to build its presence in Tanzania.To learn more about Tembo Gold, visit: https://tembogold.comWatch the full YouTube interview here: https://www.youtube.com/watch?v=yUfNyifPiN8And follow us to stay updated: https://www.youtube.com/@GlobalOneMedia?sub_confirmation=1

We had the opportunity to sit down with Mark Cutifani, former CEO of Anglo American, CEO of AngloGold Ashanti, Chairman of De Beers, and current Chairman of Vale Base Metals to name a few. We covered plenty of ground in our chat from managing your hedge book as a miner, to getting projects built on time, various jurisdictional risks, the emergence of Saudi Arabia, and plenty more. Enjoy the yarn! All Money of Mine episodes are for informational purposes only and may contain forward-looking statements that may not eventuate. The co-hosts are not financial advisers and any views expressed are their opinion only. Please do your own research before making any investment decision or alternatively seek advice from a registered financial professional. Thank you to our Podcast Partners:Terra Capital – Specialist investment manager in the natural resources sectorAnytime Exploration Services – Exploration workers, equipment, core cutting/storage + much moreJP Search – Recruitment specialists for the financial worldK-Drill – Safe, reliable, and productive surface RC drillingSMEC Power & Technology – Electrical specialists for the mining industryKCA Site Services – Underground mining machine hire for ITs, normets, trucks, and moreMcMahon Mining Title Services (MMTS) – Australia-wide tenement service expertsBrooks Airways – Perth's leading charter flight operatorsFutureproof Consulting – Sustainability consultants providing ESG solutions for businesses of all sizes Money of Mine Summer Event – if tickets are even still available…. Join our exclusive Facebook Group for the Money Miners and request access to the Hooteroo chat group. Subscribe to our weekly newsletter HOOTEROO HERALD Follow Money of Mine on YouTubeFollow Money of Mine on TwitterFollow Money of Mine on LinkedInFollow Money of Mine on Instagram Chapters:(0:00) Preview(0:43) Introduction – No Matty(2:55) Min Res Buying AZS shares?(5:24) Min Res Bald Hill Price Tag(10:47) Tickets sold out!?(12:20) Marc Cutifani Joins Us

In this episode we chat to Lisa Ali, Chief People Officer at AngloGold Ashanti who are an independent, global gold mining company with a diverse, high-quality portfolio of operations, projects and exploration activities across nine countries on four continents. Lisa has over 30 years experience in the extractive industries in mining and oil & gas working for the likes of BP and Newcrest in an executive HR capacity. Lisa discusses the skills short in our industry, something I also echo and is going to dig deeper into this subject and hopefully provide some ideas and solutions as to how we can improve this within our industry. Lisa is going to be attending Europe's largest mining event, Resourcing Tomorrow, (Formerly known as Mines and Money London,) which is taking place in London on the 28-30 November, a great platform for the entire mining value chain, fostering learning, lively debates, and providing valuable networking opportunities. Register NOW by heading to www.resourcingtomorrow.com/register to receive a discount on current early bird prices using the code DIGDEEP10.         So book your ticket NOW KEY TAKEAWAYS The mining industry is facing a significant skill shortage, with a growing demand for metals and minerals but a limited supply of skilled workers. The industry needs to actively promote its value proposition, including its commitment to sustainability, technological advancements, and positive contributions to local economies and communities. Closing the gender gap in the mining industry is crucial, as women are underrepresented in the workforce. Efforts should be made to attract more women to STEM careers and create a safe and inclusive work environment. Collaboration and partnerships among industry players are necessary to address the skills gap. This includes working with universities to develop programs that meet industry needs and providing opportunities for on-the-job learning. BEST MOMENTS "We've not done ourselves any favours as an industry… We have a very strong value proposition as an industry."  "We have seen a jump in enrolment of females into STEM disciplines… So those excuses don't hold."  "Be very systematic… actively go after the opportunities that will give you the on-the-job experience to build those skills."  "We've always looked for the one silver bullet… You have to go at this with a number of parallel levers all at the same time."  "We actually have to demonstrate that this is one of the best industries to be in… It provides such an opportunity to make a difference in the lives of others going forward."  VALUABLE RESOURCES Mail:        rob@mining-international.org LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/ X:              https://twitter.com/MiningRobTyson YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast  Web:        http://www.mining-international.org Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first-world to third-world countries from Africa, Europe, the Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace.This show was brought to you by Progressive Media

Nick Kunze of Sanlam Private Wealth on AngloGold Ashanti moving its primary listing to the NYSE, Richemont's plunge of another 5%, and Nampak's rights offer fully taken up.PSG Asset Management's Lyle Sankar talking money market returns and DM vs EM government debt. Gary Feldman of NMG Benefits speaking about medical aid increases likely to be ahead of inflation and on the medical specialist shortage.

Recording date: 12th July 2023Nickel prices hanging in similar $20,500 - $21,000 range.  LME Inventories after bump up showing decline again at very low levels - 40,000 tonnesIndonesia Investment Minister Bahlil Lahadalia on Friday gave the latest updates on Indonesia's proposal for a global nickel cartel, saying that it has had intense talks with some unnamed countries. Resource-rich Indonesia has been proposing a group of nickel-producing countries that operates in a similar manner to the Organization of the Petroleum Exporting Countries (Opec). The Opec says it aims to coordinate the petroleum policies of its member states and keep the oil markets stable. And Indonesia wants to see a similar group for nickel, which is a key ingredient for electric vehicle (EV) batteries. "There are three countries whom we already have been intensely communicating with," Bahlil told reporters in Jakarta on Friday, commenting on the progress of the Opec-style nickel group. The minister, however, refused to disclose the name of the said countries. When asked about their initial response to the plan, Bahlil said: "[they thought] it was a great idea, but we still need to work on the details of the proposal." The Corruption Eradication Commission (KPK) recently revealed that about 5.3 million tonnes of nickel ore from Indonesia were sent illegally to China from January 2020 to June 2022.Big couple of weeks for Ardea ResourcesNon-binding MOU signed with a Japanese Consortium consisting of Sumitomo Metal Mining, Mitsubishi Corporation and Mitsui & Co. to develop the Kalgoorlie Nickel Project - Goongarrie Hub.  SMM strength is HPAL processing so logical partner for this project and best positioned for success outside of IndonesiaArdea Resources Kalgoorlie Nickel Project global Mineral Resource Estimate (using a 0.5% Ni cut-off grade) now stands at 854Mt at 0.71% Ni and 0.045% Co for 6.1Mt of contained nickel and 386kt of contained cobalt.  Total resource contains over 6 million tonnes of nickel. This is Australian laterite different than what you see in tropical areas like Indonesia.Mining optimisation studies have projected production of approximately 30,000t of nickel and 2,000t of cobalt per year for more than 40 years.  Capital cost is A$3.1 billion.  The project generates Post-tax NPV7 of A$4,980M and IRR of 23%,  Average Annual EBITA of A$800M, Project pay back within 3.1 years Direct cash cost after Co by products of US$5,763/t Ni in MHP over life of mine. Metal Prices were $US25,000 for nickel, $60,000 for cobalt. Nice to see but a little on high side – cobalt will be challenged by all of the HPAL capacity coming online before nickel as ratio of production (roughly 10:1 is less than half total supply of  c.20:1A well-known former Sudbury mining executive is back in the news and is taking on a new role as chair of the newly formed Energy Transition Metals Board with Vale Base Metals, which calls itself one of the world's largest producers of responsibly-sourced nickel, copper, cobalt and platinum group metals. Mark Cutifani was previously chief operating officer (COO) at CVRD Inco, but he left Sudbury in 2007 to become chief executive officer (CEO) of AngloGold Ashanti, and then became CEO of mining giant Anglo American, one of the largest mining companies on the planet.  Poseidon Nickel – focus has been at Silver Swan / Black Swan – now on its way.  They also had past producing mines at another location Emily Ann / Maggie Hays.  New target At Maggie Hays West, Nickel has been intersected at the base of the WUU. Best results include:PLJA075 28m @ 0.66% Ni, 187 ppm Cu from 20m including 4m @ 1.32% Ni, 134ppm Cu from 40mPLJA076 8m @ 1.18% Ni, 143 ppm Cu from 40mPLJA078 24m @ 0.88% Ni, 220 ppm Cu from 12m including 12m @ 1.16% Ni, 256ppm Cu from 20mPLJA080 4m @ 0.52% Ni, 744 ppm Cu from 36mPLJA081 7m @ 0.70% Ni, 588 ppm Cu from 40m (EOH).

Estrutura da AngloGold Ashanti tem trinca de 300 metros. Foto: Reprodução/ANM

Another action-packed episode from all around the country! We warm up with announcements we noticed from AngloGold Ashanti (AGG.asx – soon to be delisted), BCI Minerals (BCI.asx), and Challenger Gold (CEL.asx). Vulcan's (VUL.asx) deal with NYSE-listed SLB gets discussed before we head to the Cobar for an update on what's going on corporately at both Polymetals (POL.asx) and Kingston (KSN.asx). Our story of the day takes us to “Tin Barron” land, via Tanami Gold (believe it or not). Metals X (MLX.asx), ASX's sole pure-play tin producer, is our main top of the discussion and we're particularly intrigued by their changing ownership structure as well as their corporate strategy. All Money of Mine episodes are for informational purposes only and may contain forward-looking statements that may not eventuate. The co-hosts are not financial advisers and any views expressed are their opinion only. Please do your own research before making any investment decision or alternatively seek advice from a registered financial professional. Join our exclusive Facebook Group for the Money Miners and request access to the Hooteroo chat group. Follow Money of Mine on YouTubeFollow Money of Mine on TwitterFollow Money of Mine on LinkedInFollow Money of Mine on Instagram Chapters:(0:00) Preview(0:33) Intro(4:08) AngloGold Ashanti make renewable investment(6:57) BCI agrees on offtake with Itochu(7:30) Challenger Gold director buying(8:50) Vulcan's deal with SLB(11:29) Polymetals pre-payment & capital raise(14:36) Kingston out of trading halt(17:09) Metals X & Tin Market Deep Dive(47:25) Outro

Genesis Minerals (GMD.asx) have come out today with a revised proposal to acquire the Leonora assets from St Barbara (SBM.asx), which naturally we spent the morning dissecting in detail. Will this finally be enough to keep Silver Lake Resources (SLR.asx) away? We then cover AngloGold Ashanti's decision to de-list from both the South African and Australian stock exchanges, discussing whether this could be a sign they're looking to simplify any future M&A deal. All Money of Mine episodes are for informational purposes only and may contain forward looking statements that may not eventuate. Please do your own research before making any investment decision or alternatively seek advice from a registered financial professional. Follow us on YouTube: https://bit.ly/3A4fPgD Follow us on Twitter: https://twitter.com/moneyofminepod Follow us on LinkedIn: https://www.linkedin.com/company/money-of-mine/ Follow us of Instagram: https://www.instagram.com/moneyofminepod/  

Gold Fields and AngloGold Ashanti look to be merging in Ghana. Defiance Silver released final drill results from 2022. Mineros publishes its PFS. Ivanhoe Electric identifies more copper in Arizona. Roscan receives a key permit. We'd like to thank our sponsors: Western Copper and Gold is focused on developing the world-class Casino project in Canada's Yukon Territory. The Casino project consists of an impressive 11 billion pounds of copper and 21 million ounces of gold in an overall resource. Western Copper and Gold trades on the TSX and the NYSE American with WRN. Be sure to follow the company via their website, www.westerncopperandgold.com. ASCU is an early-stage copper developer and explorer of the Cactus Mine and its satellite project, Parks/Salyer, both situated on a 4km mine trend on private land in Arizona's porphyry copper district. Opportunity for significant growth and scale exist along the trend, while future capex requirements outlined in the Cactus PEA benefit from significant onsite and nearby access to infrastructure. The Company is led by an executive management team and Board which have a long-standing track record of successful project delivery in North America. For more information, please visit www.arizonasonoran.com. Fireweed Metals is advancing 3 different projects within the Yukon and Northwest Territories, including the flagship Macmillan Pass Project, a large zinc-lead-silver deposit and the Mactung Project, one of the largest and highest-grade tungsten deposits in the world. Fireweed plans to advance these projects through exploration, resource definition, metallurgy, engineering, economic studies and collaboration with indigenous people on the path to production. For more information please visit fireweedmetals.com.

In this episode of The Ellis Martin Report we speak with Claudia Tornquist, the CEO of Kodiak Copper Corp (TSX-V:KDK/OTC:KDKCF) as we review the extensive drill program operation at the MPD Copper Gold Porphyry Project in southern British Columbia, Canada. Elyssia Patterson, Director of Corporate Communications for Latin Metals Inc (TSX-V:LMS/OTC:LMSQF) joins us to discuss the company's projects in Peru and Argentina, partnered with Barrick Gold, AngloGold Ashanti and Libero Copper. Ali Haji, CEO of ION Energy (TSX-V:ION/OTC:IONGF) bring us news of high grade lithium drill results at the Urgakh Naran Lithium Brine Project in Mongolia. Zayn Kalyan, CEO of Infinity Stone Ventures (CSE:GEMS/OTC:GEMSF) reviews 7 of the company's battery metal projects In Eastern Canada including nickel, copper, cobalt, lithium and graphite. Finally, Dr. Paul West-Sells, CEO of Western Copper and Gold (TSX/NYSE:WRN) chats with Ellis at Mines and Money London reviewing an extension of the company's agreement with Rio Tinto and prospects for 2023.

B2Gold pulled the plug on the Gramalote open pit gold development project in Antioquia, Colombia which is a joint venture with AngloGold Ashanti. IAMGOLD raises Cote development costs again. McEwen Copper delivers long intercepts of good grades at Los Azules. Regulus Resources Antakori fill-in drilling delivers. P2 Gold hits long intercepts at Gabbs in the Walker-Lane Trend.