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Le « Mining Indaba », l'incontournable rendez-vous des acteurs miniers, vient de se tenir au Cap, en Afrique du Sud. Sujet de taille cette année : la nouvelle donne dans les pays de l'AES. Les États de l'Alliance du Sahel se sont lancés dans un bras de fer, parfois brutal, avec les compagnies minières, afin de tirer davantage de revenus de l'exploitation des ressources du pays. Une situation qui questionne la continuité des activités en cours, et l'avenir des investissements. De notre envoyée spéciale au Cap,Au Mali, après la révision du Code minier, en 2023, Assimi Goïta entend « faire briller l'or », selon son expression, en employant la méthode forte. Trois cadres de la société australienne Resolute Mining, dont le PDG, ont été détenus puis relâchés, en novembre, sur fond de désaccord fiscal. Quatre employés du groupe canadien Barrick Gold sont, eux, toujours incarcérés, et l'entreprise a suspendu ses activités au niveau de sa très grande mine de Loulo Gounkoto, après la saisie de trois tonnes d'or.Le canadien s'est lancé dans une procédure d'arbitrage suite à l'échec de négociations. Pour son PDG, lui aussi sous le coup d'un mandat d'arrêt, Bamako prend le risque de faire fuir les investisseurs miniers. « Aucun des pays très bien dotés en minerais n'a reçu de gros investissements dans son économie sur les dix dernières années. Et pourtant ils continuent de vouloir augmenter les redevances », souligne Mark Bristow.Agenda nationaliste et prix de l'or au plus hautLe Mali n'est pas le seul à mener ce combat : le Burkina Faso menace de retirer aux multinationales leurs permis, une étape déjà franchie par le Niger qui a privé, l'année dernière, le groupe français Orano de son autorisation pour exploiter le site d'Imouraren. « On peut observer beaucoup de similarités entre le Mali, le Burkina et le Niger, et la tendance va au-delà du simple rééquilibrage des relations commerciales entre un État et des entreprises, décrypte Mamadou Coulibaly, du cabinet Satis Partners sur la scène du Mining Indaba. Dans ces trois pays, on a de gros défis sécuritaires, ce qui demande beaucoup de fonds pour y répondre, dans un contexte où l'aide de donneurs occidentaux s'est tarie. Et au-delà de tout cela, il y a la place que prend l'idéologie et les ambitions nationalistes que l'on peut observer chez ces dirigeants de transition. »D'autres sociétés parviennent, elles, à trouver un terrain d'entente avec ces régimes, à l'image de B2Gold. Grâce à un accord avec la junte malienne et un paiement de 30 millions de dollars, la compagnie canadienne continue à développer son site de Fekola, qui répond aux règles de l'ancien code minier. « Tout le monde fait face à des situations différentes, avec des projets aux passés divers, qui correspondent à différents codes miniers. Pour notre part, nous avons pu conclure cet accord très important avec le gouvernement en septembre. Donc, je dirais que les relations sont très bonnes. Le gouvernement veut la même chose que nous : soutenir une production réussie à Fekola, et permettre l'expansion de la mine », explique le PDG de B2Gold, Clive Johnson.Il faut dire que le prix de l'or est actuellement au plus haut, ce qui encourage les entreprises minières à continuer leur exploitation. Mais face à ces nouvelles contraintes, se pose la question de l'appétit pour des projets futurs et des dépenses d'exploration.
In this episode recorded on February 4, 2025, we dive into the impact of recent US tariff implementations and their immediate retraction. We also discuss the resignation of Resolute Mining's CEO following his detention in Mali and its effect on the company's share price, TK explains the Ricardo effect on national economic strategy, the collapse of Mosaic Brands, regulatory approval for FND, and a 'Pulled Pork' segment on Aurelia Metals (AMI), covering the company's history, current status, and future projections amid the booming gold prices. In After Hours, they offer tributes to Marianne Faithful and discuss pop culture, including 'Rogue Heroes' and 'Inland Empire', Nazi propaganda and 20th-century Russian literature.
The Aussie market wrapped up November on a mixed note, dipping slightly by 0.1% but still securing its second-best month of the year with a 3.3% gain. Despite a sluggish day influenced by the U.S. Thanksgiving holiday, the materials sector led a late recovery, offsetting losses from other sectors. Highlights included Webjet's rollercoaster ride amid legal troubles, Star Entertainment's all-time low after years of decline, and Resolute Mining's struggles following a major settlement in Mali. With Black Friday sales kicking off, the holiday shopping season is expected to shape retail performance, while upcoming data from China and the U.S., along with an OPEC+ meeting, will provide critical market insights in the week ahead. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
The Aussie market is inching toward record highs despite geopolitical tensions, with the ASX 200 up nearly 0.9% on Friday. Energy stocks led gains, boosted by rising oil prices following concerns over the Russia-Ukraine conflict. A2 Milk soared 13% after announcing its first-ever dividend, while WiseTech Global plunged 12% due to a software launch delay and lower profit growth expectations. Resolute Mining rebounded slightly after resolving a tax dispute in Mali, and Adore Beauty revealed plans to expand into physical retail, challenging giants like Mecca and Sephora. Investors now look to upcoming inflation data and Black Friday sales to shape market momentum heading into December. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
The Dow gained 461.88 points, or 1.06%, to finish at 43,870.35. The S&P 500 added 0.53% to close at 5,948.71. The Nasdaq Composite eked out a 0.03% gain to end at 18,972.42.Amazon slumped 2.2%, while Alphabet declined nearly 5%, falling for a second session on antitrust fears. Snowflake was one bright spot in the sector, popping nearly 33% after the company.Bitcoin also hit a fresh milestone, hitting a fresh intraday all-time high.ASX SPI up 74 Points – AGMs in focus – LOV – A2M - WTCCOMMODITIESGold climbs to over 1-week high on safe-haven demand.Copper slips on uncertainties over China, Ukraine war, Trump policies.Oil rises 2% on supply worries as Russia-Ukraine war escalates.Resolute Mining's CEO and two executives released by Mali government.Why not sign up for a free trial? Get access to expert market insights and manage your investments with confidence. Ready to invest in yourself? Join the Marcus Today community.
Tuesday 19 November 2024 The federal government is set to mandate the acceptance of cash in essential services. And more, including: Resolute Mining pays $250 million to enable its CEO to be released from Mali Rolls Royce pushes into space exploration And more on Prime Minister Anthony Albanese's meeting with Chinese leader Xi Jinping, and the arrest of former radio announcer Alan Jones Plus don't miss the new episode of The Property Pendulum, brought to you by Domain and Fear & Greed. This week's episode: how to answer the question buyers dread. Get it from APPLE, SPOTIFY, or anywhere you listen to podcasts.Find out more: https://fearandgreed.com.auSee omnystudio.com/listener for privacy information.
Mark Beyer and Mark Pownall discuss the latest on Westport; Perth Airport; the Women and Babies' hospital; Mineral Resources and Chris Ellison; interest rates; Resolute Mining; and a preview of the North-West publication.
In this mammoth two-and-a-half-hour marathon episode #746, we covered an extensive range of topics, from Trump's 2024 election victory and its implications, to detailed analysis of multiple companies and market sectors. Elon Musk's new role as Minister for Government Efficiency (DOGE), portfolio performance updates showing significant outperformance of benchmarks, and several mining company developments including Resolute Mining's Mali crisis, Liontown Resources' lithium struggles, the delisting of Namoi Cotton and the challenges of tracking corporate actions in Light portfolios, and iron ore market challenges. Cam does a pulled pork on US shipping company TeeKay Corporation's history and operations, and Tony does a pulled pork on Qantas Airways' business model and fleet concerns. The After Hours section also included discussions about horseracing updates, entertainment recommendations including David Tennant shows, and concluded with an extensive debate about Trump's potential impact on democracy and different perspectives on fascism in America.
Jim Chalmers prepares for US-China Trade war; commodity prices fall on back of weak Chinese stimulus; Resolute Mining workers detained by Malian junta; Endeavour Group notes a drop off in alcohol sales; Pratt gets US Green Card; protecting consumers from scams ahead of Black Friday & Cyber Monday; and Adam Dawes joins us for the Market Wrap. Host: Deborah Knight Executive Producer: Tom Storey Technical Producer: Liam Achurch Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
Resolute Mining's CEO and two other employees have been detained in Mali, industry insider Julian Malnic explains the perils of mining in Africa and why he won't go back to the continent for work. Plus, the latest economic and property news.See omnystudio.com/listener for privacy information.
Resolute Mining Ltd is an Australia-based gold miner, developer, and explorer company. The Company owns two producing gold mines: the Syama Gold Mine in Mile (Syama) and the Mako Gold Mine in Senegal (Mako). The Syama is located in the southwest of Mali, approximately 30 kilometers (km) from the Cote d'Ivoire border and 300 km southeast of the capital Bamako. Syama Gold Mine is a large-scale operation, comprising the established Syama Underground Mine, the Tabakoroni Complex and the 3.5 Moz Syama North Resource along with several satellite oxide pits. The Mako Gold Mine, located in eastern Senegal, is an open pit mine with potential life extension through several near-mine exploration opportunities. Mako is owned and operated by the Company's Senegalese subsidiary, Petowal Mining Company S.A. The Company is also active in exploration with drilling campaigns underway across its African tenements with a focus on Mali, Senegal and Guinea.Shares for Beginners and Stockopedia proudly present "Weekend Watchlist". Each week we dissect a company using Stockopedia's Factor driven analysis process. Go to https://why.stockopedia.com/sfb/ for your free trial and special discount offer. Why not join Stockopedia today and take advantage of this special offer of 10% off the first year of membership and see for yourself why Stockopedia is the essential tool for every serious DIY share investor. 14-day free trial included, then a no-quibble 30-day money back guarantee: https://why.stockopedia.com/sfb/ Find out more about Stockopedia by going to my review: https://www.sharesforbeginners.com/stockopedia-aunz-reviewDisclosure: The links provided are affiliate links. I will be paid a commission if you use this link to make a purchase. You will receive a discount by using these links/coupon codes. I only recommend products and services that I use and trust myself or where I have interviewed and/or met the founders and have assured myself that they're offering something of value.Shares for Beginners is a production of Finpods Pty Ltd. The advice shared on Shares for Beginners is general in nature and does not consider your individual circumstances. Shares for Beginners exists purely for educational and entertainment purposes and should not be relied upon to make an investment or financial decision. If you do choose to buy a financial product, read the PDS, TMD and obtain appropriate financial advice tailored towards your needs. Philip Muscatello and Finpods Pty Ltd are authorised representatives of Money Sherpa PTY LTD ABN - 321649 27708, AFSL - 451289. Hosted on Acast. See acast.com/privacy for more information.
Interview with Terry Holohan, CEO & Managing Director of Resolute Mining.Recording date: 1st May 2024Resolute Mining, a gold producer operating in West Africa, has undergone a transformative three-year turnaround under CEO Terry Holohan. Despite inheriting significant operational challenges at the company's flagship Syama mine in Mali, Holohan and his team have systematically worked to stabilize and optimize the asset, positioning Resolute for profitable growth.When Holohan took the helm in 2021, the Syama underground mine and sulphide processing plant were struggling with inconsistent performance. Suboptimal mine sequencing and design issues had hampered a transition to automation, while the processing plant battled frequent roaster instability due to variable ore feed. Holohan's first priority was assembling a team of technical experts to tackle these issues head-on."We had to essentially rebuild the plant over a quarter," Holohan recounted. "It was back to basics and joined up thinking required."With the operation stabilized, Holohan turned to aggressive exploration to drive organic growth. Resolute has added 3 million ounces of gold reserves over the past three years, bringing the total to 10 million ounces. This reserve growth has underpinned an expansion project at Syama that will lift annual production from 200,000 ounces to over 230,000 ounces, utilizing latent capacity in the mill.Crucially, this growth is being self-funded by Resolute's improving cash generation. The company has eliminated its debt balance and is generating net cash even after funding $20 million in annual exploration. As Syama's expansion lifts production, unit costs are forecast to continue trending lower, significantly expanding margins.Holohan's turnaround strategy has not been without risks, including a dilutive equity raising early on. However, he emphasized that the raising facilitated vital investments and attracted key North American shareholders who "really bought into the idea that we've got a growing asset here." Holohan sees further potential to scale Resolute into a larger, multi-asset producer over time."Over the next five years, everybody internally and with the fund managers and the shareholders, we all know that there's a tier one mine in the making," he stated, referencing the industry's classification for mines producing over 500,000 ounces annually.Resolute also appears well-positioned to navigate the challenging jurisdictional landscape in West Africa. While Mali has suffered instability and terrorism threats in recent years, Resolute's operations are located in the far southwest of the country near the Cote d'Ivoire border, an area that has remained secure and calm.While Resolute's turnaround is not yet complete, the company has already demonstrated its ability to deliver operational consistency, with 11 straight quarters of improving production and costs. As it brings additional production online at better margins, Resolute is well-positioned to create value for shareholders in the coming years.With a proven management team, robust balance sheet, organic growth pipeline, and long-term optionality for further value-accretive M&A, Resolute presents a compelling opportunity for investors looking to gain exposure to an under-the-radar gold producer in the early innings of an operational turnaround.—Learn more: https://cruxinvestor.com/companies/resolute-miningSign up for Crux Investor: https://cruxinvestor.com
With the quarterly season now wrapped up, it's time for one of our favourite segments… name & shame! We call out those companies who were too sloppy to get their quarterly reports in at a normal time.We then jumped into the gift that keeps on giving, IGO. In a story that involves BHP, S32, Regis, Western Mining and more, you'll just have to tune in to hear the tale.BCI Minerals (BCI) bumper $300m+ capital raise got a mention before we closed off with a segment on Resolute (RSG), who've been on the mend after a tough few years.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: Thank you to our Podcast Partners: VRIFY – Transforming the way Mining companies communicate to 3DEmail grant@vrify.com (no e) for more information InvestorHub – The go-to Digital Platform shaking up the Investor Relations industryEmail rhori@investorhub.com for more information DSI Underground - Supplier of Ground Support Products to the Mining and Tunnelling industries SMEC Power & Technology – Electrical Guru's for the Mining Industry McMahon Mining Title Services (MMTS) – Australia-wide tenement service experts Anytime Exploration Services – Exploration workers, equipment, core cutting/storage + much more KCA Site Services – Underground mining machine hire for IT's, normet's, trucks and more Brooks Airways – Perth's leading charter flight operators K-Drill – Safe, reliable, and productive surface RC drilling Buy your Money of Mine MERCH here 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 YouTube Follow Money of Mine on Twitter Follow Money of Mine on LinkedIn Follow Money of Mine on InstagramTIMESTAMPS(0:00:00)Introduction(0:02:26)Become a Lithranium company(0:05:14)Matty's NAME n SHAME(0:07:14)Trav n JD's NAME n SHAME(0:12:35)Just when things couldn't get worse for IGO(0:29:06)BCI Minerals ding a BIG raise(0:31:44)The latest from turnaround story Resolute Mining
Wall Street had a choppy final session for the month of February before closing lower on Tuesday as investors digested a slew of economic data and corporate earnings results. Chicago's PMI fell to 43.6 points for February from 44.3 points in January in another sign the US Fed's aggressive rate hike stance is having impact across the country. The Dow Jones ended Tuesday's session down 0.71%, the S&P500 lost 0.1% and the Nasdaq fell 0.3%. The yield on the 10-year US Treasury note ticked higher to 3.94% on Tuesday, its highest level since November. Target shares are up over 1.7% on Tuesday after the retail giant released fourth-quarter earnings results that exceeded expectations, while Zoom video Communications is also up over 1.2% after posting a top and bottom line beat for the fourth quarter.In Europe overnight, hotter-than-expected inflation data out of Spain and France for February caused a sell-off in the region as the data is the latest sign that inflationary pressures are still running high, adding to concerns that the European Central Bank must continue raising rates to get inflation under control. The STOXX600 fell 0.2%, Germany's DAX fell 0.11%, the French CAC fell 0.38% and, in the UK, the FTSE100 fell 0.74%.What to watch today:Ahead of the local trading session here in Australia the SPI futures are anticipating the local market to open 0.26% lower.In commodities, oil is heading for its fourth straight monthly decline amid stockpiles of the commodity in the US and slower-than-expected demand increase from China post the country reopening. Today, oil is up 1.4% at US$76.76/barrel, gold is up 0.52% at US$1826/ounce and iron ore is down 2.70% at US$126/tonne.The highly anticipated Australian GDP growth rate for Q4 is released today which will give an insight into how well the RBA's attempts have been so far at cooling the stubbornly high inflation down under. The consensus expectation is for a rise of 0.8% following a 0.6% increase in Q3.The Aussie dollar is buying US$0.67, 91.68 Japanese Yen, 56.22 British Pence, and NZ$1.09.Stocks trading ex-dividend today include Humm Group (ASX:HUM), AMP (ASX:AMP), The Lottery Corporation (ASX:TLC) and Telstra Group (ASX:TLS). If you've been thinking about these stocks it might be worth buying in today as stocks trading ex-dividend generally trade lower on the ex-dividend date.Trading Ideas:Trading Central has identified a bullish signal on Resolute Mining (ASX:RSG) following the formation of a pattern over a period of 18-days which is roughly the same amount of time the share price may rise from the close of $0.24 to the range of $0.31 to $0.33 according to standard principles of technical analysis.Trading Central has identified a bearish signal on Westpac Banking Group (ASX:WBC) following the formation of a pattern over a period of 99-days which is roughly the same amount of time the share price may fall from the close of $22.53 to the range of $20.50 to $20.90 according to standard principles of technical analysis.
Auch wenn der Wochenstart schwach gewesen ist, konnten Gold, Silber und Minen doch die vergangenen Tage weiter zulegen. Das Chartbild bei vielen Minenaktien bessert sich Stück für Stück.
Resolute Mining Ltd (ASX:RSG) (LSE:RSG) CEO Terry Holohan speaks to Proactive at the 2022 edition of Resourcing Tomorrow, brought to you by Mines and Money. He talks about the “reset” that the gold producer has been through recently and looks ahead to what the market can expect from Resolute Mining as it moves into a new phase.
John Meyer, Mining analyst and partner at SP Angel discusses how the dollar weakening will be good for commodities and talks about the following companies: Rambler Metals & Mining #RMM, Amur Minerals #AMC, Atlantic Lithium #ALL & Resolute Mining Ltd #RSG
Yesterday the Aussie share market closed in the red, closing 0.54% lower. In overseas markets, investors are cautions as they await the meeting of US Federal Reserve policymakers as well as new developments in Afghanistan also played a part for investors in the risk- off sentiment. Following US equities, the SPI futures are suggesting the ASX200 will open slightly lower. What to watch today:In economic news, retail sales data for July will be released at 11:30am AEST. In June, retail sales declined 1.8% month over month, impacted heavily by the nation-wide lockdowns. The market is expecting a 2.3% decline. Travel stocks, Flight Centre (ASX:FLT) and Qantas (ASX:QAN), were among the most traded stocks by Bell Direct clients yesterday, after both companies reported their 2021 financial year results. FLT reported a 79% decline in revenue and a $507.1 million underlying loss, while QAN reported a 58% decline in revenue, heavily impacted by border closures and travel restrictions. Companies reporting today include: Auswide (ASX:ABA), BWX (ASX:BWX), Next DC (ASX:NXT), Resolute Mining (ASX:RSG), Village Roadshow (ASX:VRL) and Wesfarmers (ASX:WES). The oil price has fallen 0.9% and is trading at US$67.74 a barrel. Gold fell for the 3rd consecutive session, amid a slightly stronger dollar. And iron ore has fallen 1.8% and is trading at US$159 a tonne. Trading ideas:Bell Potter has maintained their BUY rating on The a2 Milk Company (ASX:A2M), however have decreased their price target from $8.50 to $7.70. This comes after A2M reported its 2021 financial year results yesterday. A2M closed yesterday at $6.05, implying 27.3% share price growth in a year. Wisr (ASX:WSR), Tyro Payments (ASX:TYR), and Swoop Holdings (ASX:SWP), are all giving all bullish charting signals, according to Trading Central.
The Aussie share market is set for a slow start to the week, with the futures suggesting the market will rise 0.1%. What to watch today: With three days to go until the EOFY, selling/portfolio adjustments continue. The City of Sydney is currently in lockdown. So all eyes are on travel, hospitality and retail stocks. Watch Endeavour Group (ASX:EDV), after it demerged from Woolworths (ASX:WOW) on Friday. The oil price rallied above US$74 a barrel, after rising for its fifth week to its highest level since October 2018. Gold rose 0.2% and the iron ore price rose 0.4% to $214. Trading Ideas: Aeris Resources Ltd (ASX:AIS) is a Bell Potter BUY stock, with an upgraded price target to $23.50. Resolute Mining (ASX:RSG), Mincor Resources (ASX:MCR) and Galan Lithium (ASX:GLN) are all giving off bullish charting signals according to Trading Central.
The Aussie share market is set to open 1.1% lower, following Wall Street overnight. The Australia government pushes for reusable, recyclable and compostable plastics. What to watch today: Resolute Mining (ASX:RSG) is the best performer in the ASX200 this month, up 29%.Watch iron ore as China plans to set up exploration and production facilities. Iron ore stocks have been trading at a record high. Watch Fortescue Metals (ASX:FMG), Mineral Resources (ASX:MIN), Magnetite Mines (ASX:MGT), Aeris Resources (ASX:AIS) and BCI Minerals (ASX:BCI). The Federal Government greenlighted a $600 million Gas fired power station to be built in the NSW Hunter Valley, so keep an eye on AGL Energy (ASX:AGL).The Australian Government wants all plastics to be reusable, recyclable or compostable by 2025. So keep an eye on packing stocks like Amcor PLC (ASX:AMC), Orora (ASX:ORA), Pact Group Holdings (ASX:PGH) and Pro- pac Packaging (ASX:PPG). US President Joe Biden is pushing for electric-vehicle production. A $174 billion EV plan is urging automakers to build zero-emission vehicles in the US.Webjet (ASX:WEB) to report company results today.AGMs being held today: A.P. Eagers Limited (ASX:APE) and G8 Education (ASX:GEM).In economic news, consumer confidence will be released at 11:30am AEST. The most traded stocks yesterday: Nuix (ASX:NXL), Kincore Copper (ASX:KCC) and Macquarie Group (ASX:MQG).Trading Ideas: Bell Potter have upgraded their recommendation on Lovisa Holdings (ASX:LOV) to a BUY, with a $15.50 price target. Medusa Mining (ASX:MML), Virgin Money (ASX:VUK), and Empired (ASX:EPD) are all giving off bullish charting signals according to Trading Central.
Following US equities rise overnight, the Aussie share market is set to open higher, with the futures suggesting a rise of 0.67% or 7021 points. What to watch:Recce Pharmaceuticals (ASX:RCE) is set to report their 3Q21 Earnings today. The Oil price dropped 3.51%. The decline comes after concerns around the demand from India, amid the current wave of COVID-19 infections, as well as the hacking of the Colonial Pipeline in the US. The Gold price bounced off a one-week low, rising 0.62%, so keep an eye on Gold miners like Newcrest Mining (ASX:NCM) and Resolute Mining (ASX:RSG). Copper is down 1.09% while Iron Ore plunged 2.9% after China cautioned on commodity prices. The most traded stocks by Bell Direct clients yesterday were CSL (ASX:CSL), Telstra (ASX:TLS), and Australia and New Zealand Bank (ASX:ANZ). And for advised clients, the most traded stocks were Xero (ASX:XRO), BetaShares Active Australian Hybrids Fund (ASX:HBRD) and Vanguard Australian Shares Index ETF (ASX:VAS). Trading ideas:Bell Potter has reiterated their Buy recommendation on GrainCorp (ASX:GNC), maintaining a $6.20 price target. GrainCorp closed yesterday at $5.43, implying a 14.2% share price growth in the year.Alliance Aviation Services (ASX:AQZ), Ava Risk Group (ASX:AVA) and People Infrastructure (ASX:PPE) are all giving off bullish charting signals according to Trading Central.
The S&P/ASX200 closed significantly lower Wednesday, shedding 52.1 points or -0.73% to 7044.90 after setting then forgetting its 52-week high of a few days earlier. Much of note, little of consequence as local stocks deteriorated into the afternoon, despite a contrarian rally from the oft-whacked tech sector. Elsewhere it was inflation angst, budget blues and even a little equity ennui. A day where wholly inoffensive names like energy network operator AusNet Services crashed 7.7%. And where Resolute Mining climbed an impressive 6.4% for no reason I can readily Google. Our top three VODs are:Dean Fergie: The IPO supernova is fadingAustralia needs a "big vision"The investors' guide to playing the infrastructure cash splash See acast.com/privacy for privacy and opt-out information.
Darf man sagen, dass die Strategie der Goldproduzenten, durch üppig Dividenden neue Investoren in den Sektor zu holen, gescheitert ist? Die Charts der meisten Aktien scheinen dies zumindest zu belegen.
Like cheap cologne this was a trading day full of false promise, where even the ex-dividend stocks were performing well in the first hour or so. Then came the hits - like Westpac running the ruler over its New Zealand operations, and Resolute Mining losing the lease to its Bibiani gold mine. Westpac lost a half-a-percentage point, Resolute lost 27 of them. The BNPL space also had a negative session, despite a more supportive backdrop of lower bond yields. The local ASX index closed down -1.3% as exchange competitor Chi-X was snapped up by Cboe Global Markets as part of its bid for global dominance. Overall, the market closed non-the-wiser and all-but unchanged.Our top three VODs are:Retail investors "ground zero" for marketsTim's terrific threeTwo reopening plays to watch See acast.com/privacy for privacy and opt-out information.
Consultorio bursátil de septiembre de 2020 en el que Adrián Godás y Paco Lodeiro respondemos a las preguntas de los oyentes. En esta ocasión, tratamos temas como fiscalidad básica al invertir en acciones, hacer un traspaso de bróker, la proliferación de brókers y traders estafadores, el broker XTB, el impacto de las políticas de Trump en las bolsas, ETFs de petróleo, escuentos en Godás Research, libros sobre inversión en minas, dónde invertir a 2-3 años vista, la empresa que más nos ha emocionado, invertir en small caps con poco volumen, series y documentales sobre inversión y la SPAC de Bill Ackman. También hablamos de empresas cotizadas como Dragon Mining, Firefly Resources, Barksdale Resources, Exelon, La Poderosa, Aurcana Silver, Amur Minerals, Petra Diamonds, Premier African Minerals, Resolute Mining, Canadian Solar, Endesa, Iberdrola, Clarus Corp (Black Diamond), Repsol, BBVA, Santander, Orezone, Royal Dutch Shell, Adriatic Metals, Associated British Foods (Primark) y Taruga Minerals.
Consultorio bursátil de septiembre de 2020 en el que Adrián Godás y Paco Lodeiro respondemos a las preguntas de los oyentes. En esta ocasión, tratamos temas como fiscalidad básica al invertir en acciones, hacer un traspaso de bróker, la proliferación de brókers y traders estafadores, el broker XTB, el impacto de las políticas de Trump en las bolsas, ETFs de petróleo, escuentos en Godás Research, libros sobre inversión en minas, dónde invertir a 2-3 años vista, la empresa que más nos ha emocionado, invertir en small caps con poco volumen, series y documentales sobre inversión y la SPAC de Bill Ackman. También hablamos de empresas cotizadas como Dragon Mining, Firefly Resources, Barksdale Resources, Exelon, La Poderosa, Aurcana Silver, Amur Minerals, Petra Diamonds, Premier African Minerals, Resolute Mining, Canadian Solar, Endesa, Iberdrola, Clarus Corp (Black Diamond), Repsol, BBVA, Santander, Orezone, Royal Dutch Shell, Adriatic Metals, Associated British Foods (Primark) y Taruga Minerals.
Gold miners with operations in Mali, including Aim-listed Hummingbird Resources and TSX-listed B2Gold, are closely monitoring the situation in that country following the apparent forced resignation of Mali President Ibrahim Boubacar Keita after an alleged coup d'etat by the country’s military on Tuesday. Keita resigned hours after soldiers reportedly seized him from his home, following months of mass protests against alleged corruption and worsening security in the West African country. Hummingbird's Yanfolila gold mine is located about 280 km southwest of the Mali capital, Bamako, while B2Gold owns Fekola mine and the Anaconda exploration project in the country. The miners both report that their operations have, as yet, not been affected by the unrest in the country. Hummingbird, which has been operating in Mali since 2015 and been in production since December 2017, notes that its security team is in regular contact with the operational and management team regarding the ongoing safety of its staff, operations and assets. The miner states that the safety of its employees and contractors remains of the “upmost importance”. B2Gold notes that its Fekola mine has sufficient supplies on hand to maintain its budgeted activities through the end of the third quarter, and beyond, if needed. The miner also reports that its Fekola mill expansion remains on schedule, while its operational days have not been impacted as a result of the political situation in the country. B2Gold notes that all mine personnel are safe. ASX- and LSE-listed Resolute Mining reports that it too is monitoring development in Mali. The company's Syama mine is located in the south of Mali on the border with Côte d'Ivoire. Operations at Syama are continuing as normal, with no impact to production or the safety and security of employees and contractors. London-listed Cora Gold reports that its Sanankoro project, in southern Mali, is also unaffected at this stage. Other gold mines in Mali include Barrick Gold Corporation's Loulo-Gounkoto mine; the Morila mine, which is a joint venture between Barrick and AngloGold Ashanti; and the Sadiola mine, which is owned by AngloGold and Iamgold. Despite assurances that their operations have not been affected, the gold miners' share prices have fallen. Hummingbird's share price on the LSE fell by as much as 15%, Resolute's share price by as much as 19.63% and Cora's share price by as much as 15% on August 19. AngloGold's share price on the JSE was down 3.80% late on Wednesday.
Interview with Paul Roberts, Managing Director of Predictive Discovery (ASX:PDI)When a share price goes vertical, it's time to ask why. Predictive Discovery is an African gold explorer with projects spread across Guinea, Côte d'Ivoire and Burkina Faso. The priority is Guinea, with a recent drill programme demonstrating exceptional gold grades.There are solid gold grades at several of the companies gold projects in Côte d'Ivoire, including the 2 JV projects the company is a part of with Resolute Mining.In North-East Burkina Faso, the gold projects are not currently safe enough to carry out exploration work on.Moving forward, Roberts needs to shore up the value proposition with some more strong gold drill results in Côte d'Ivoire, while bringing institutional investors into the fold. After 10-years of stagnation, long-suffering investors may have been losing faith, and patience, with this story, but it now appears to be on the up. Is Predictive Discovery a gold junior that could make you money? Company Page: https://www.predictivediscovery.com/Explore More Here: cruxinvestor.comJoin our Club's waitlist: club.cruxinvestor.comFor FREE unbiased investment information, follow us on Twitter, LinkedIn and Facebook:https://twitter.com/cruxinvestorhttps://www.linkedin.com/company/crux-investor/https://www.facebook.com/cruxinvestorIf you got value from this interview, please subscribe.
Mali’s mines and petroleum ministry on Wednesday said Industrial gold production in Mali is expected to fall by 8.3% year on year to 59.77 tonnes this year compared with 2019 due to falling output at several mines. It said total gold production is expected at 65.7 tonnes in 2020, including 6 tonnes from the artisanal, or small-scale mining sector, compared with 71.1 tonnes a year ago. Companies operating in Mali’s mining sector includes Barrick Gold, Resolute Mining, Anglogold Ashanti and B2Gold. mines ministry official Mamadou Sidibé told Reuters that Reserves at Anglogold Ashanti’s Sadiola mine is reaching depletion phase, and will produce 832 kg compared with 4.6 tonnes last year. He added that output at Barrick’s Morila mine is expected at 1.9 tonnes, compared with 3.5 tonnes the previous year, while Resolute’s Finkolo mine will produce 440 kg compared 6.6 tonnes in 2019. Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode, we chat to Martin Horgan, ex-director of Toro Gold, an African Gold explorer and developer recently bought out by Resolute Mining, who acquired their flagship asset Mako Gold Mine (Mako) located in Senegal. I was really interested in getting Martin on the podcast as he has achieved a lot with Toro Gold and he didn’t necessarily follow the normal path that most other junior mining explorers would normal follow. We talk about his background, working on site, in the consultancy space, and then into the banking sector before starting an exploration company. We also discuss Toro Gold; how they made a greenfield discovery and took it successfully into production and an exit, which isn't the normal path an exploration company take, and why they remained in private hands rather than in a public listed company KEY TAKEAWAYS Martin’s extensive experience has seen him travel the world and work in all sectors of the mining industry. During the late 2000’s, against the accepted wisdom, Martin decided to start a business, affirming that his contacts and opportunities would help him to establish a real player. He established Toro in 2009 as a result. Job opportunities when leaving university back in the nineties was significantly easier as companies were actively seeking future stars at the universities themselves. Many UK graduates feel that they are overlooked when it comes to employment, in favour of Australian or Canadian graduates, due to their indigenous mining backgrounds. To this, Martin recommends that UK graduates also study a second language; French perhaps, as this can give the graduate an advantage. The fundamental success of any business comes down to the people. Having people who were highly competent in their individual disciplines was key to the success of Toro. It’s surprising that many in the mining industry don’t deliver on their promises. One of Toro’s core principles is that it always makes sure to follow through on any promises given. This has led to an increase in trust in the company, and the reason for its lofty position as one of the more respected parts of the mining industry. The mining sector has something of an image issue. it is one of the more ignored in today’s civilisation, and yet it is perhaps the most important. There are hardly any goods on sale today that are not sourced from the proceeds of some kind of mining or exploration. Education is desperately needed in order to ensure the next generation of mining professionals. .BEST MOMENTS ’In those days, companies were still doing the “milk round”' ‘I’ve seen the sector from several different perspectives’ ‘It’s like Trivial Pursuit’ ’There’s no magic formula to it’ ‘It is actually a clean and ethical industry’ ‘We’re going to put the band back together' VALUABLE RESOURCES Dig Deep – The Mining Podcast on iTunes Martin Horgan LinkedIn - https://www.linkedin.com/in/martin-horgan-038b298/?originalSubdomain=uk Resolute Mining - https://www.rml.com.au ABOUT THE HOST 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 to peoples experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics. Rob 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, Middle East, Asia and Australia. We source, headhunt and discover new and top talent talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients organisation 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/ www.mining-international.org https://twitter.com/MiningConsult https://www.facebook.com/MiningInternational.org https://www.youtube.com/channel/UC69dGPS29lmakv-D7LWJg_Q?guided_help_flow=3
Interview with John Welborn, CEO of Resolute Mining (ASX:RSG).Not sure Welborn answered too many of our questions, and machine gun fired off well trodden PR messages which suits his narrative. The share price is telling a different story, one of a company struggling to balance the books, and make a step change from large Junior to Mid-tier producer. The onset of autonomous mining may allow Resolute Mining to improve margins at Sayama, if things go according to plan, but we wait to see how the rest of the portfolio develops. That said Welborn demands a lot of himself and his team and we also look forward to seeing if he can deliver his vision of being the next Rand Gold.Resolute Mining is an ASX/LSE listed dividend-paying (cash/gold) gold mining company with over 30-years of experience exploring, developing, and operating gold mines in Africa and Australia. Resolute Mining's gold projects have produced more than 8Moz of gold. The company owns 4 gold mines, 3 of which are in production.Resolute Mining decided to complete a dual listing on the Main Market of the London Stock Exchange. Welborn said the move was intended to enhance Resolute Mining's growth pathway, with the vision of becoming a low-cost, long-life, 500,000oz per annum gold producer. Share price performance across both markets has been stagnant and somewhat disappointing, especially considering how good a year it has been for Resolute Mining's commodity of choice, gold. Resolute Mining has a market cap of AUS$1.04B. The share price started at AUD$1.15, rose to a peak of AUD$2.06 in August, before falling back down to today's price of AUD$1.16. On the LSE the share price started towards the end of June at £0.66, rose to a peak of £1.17 in August, before falling back down to £0.61 today.Welborn cites one reason for this performance as general mining themes rather than independent company failings. He states there has been a general liquidity flow out of mining, which has affected gold prices towards the end of this year. However, Welborn is honest enough to admit a large part of the drop-off has been caused by "operational issues" at The Syama Complex in Malia, West Africa. In September, a crack in the plant's roaster affected production. Repair work is currently ongoing and the roaster should be operational by mid-December.Resolute Mining is in the process of developing the world’s first custom-built, fully automated underground gold mine; it will have low-cost, large-scale capabilities, a mine life beyond 2032 and life-of-mine AISC of US$747 per ounce. This is exciting news for any prospective investor. Resolute Mining is a mining company that belongs in the future and is looking for new, innovative solutions to revolutionise conventional gold-mining systems. The primary driver of this decision is the economic benefit; a previously conducted PFS on a manually operated mine generated an AISC of US$881. There will be concerns from the market regarding Resolute Mining's level of experience in dealing with automation, but Welborn is insistent the company has done its research, and all equipment being employed has been used before across the gold mining world. Resolute Mining's experienced management team is backing themselves to be the first, and they are hoping we will appreciate their bravery and ambition by investing ourselves.Welborn says he is pleased with the listing decision Resolute Mining made. He thinks it gets more eyes on the Resolute story, and that the London market appreciates the favourable mining jurisdiction of Africa more than most. The market doesn't look like it agrees as liquidity and volume of trading has deteriorated.Company page: https://www.rml.com.au/Make smarter investment decisions, subscribe here: https://www.cruxinvestor.comFor FREE unbiased investment information, follow us on Twitter, LinkedIn and Facebook:https://twitter.com/cruxinvestor https://www.linkedin.com/company/crux-investor/ https://www.facebook.com/cruxinvestorTake advantage, hear it here first: https://www.youtube.com/CRUXinvestor
Welcome back to Dig Deep: The Mining Podcast with your host Rob Tyson. In this episode, Rob is at the Mining and Money conference in London where he interviewed MD & CEO of Resolute Mining John Welborn. Their conversation takes them from John’s former career as a professional rugby player to his modern-day role as CEO of Resolute Mining. John talks with passion about leading the development of the first fully automated underground mine. Key Takeaways Transition from Professional Sport. It’s a difficult transition from playing professional rugby to business. One week you will have 40 thousand people cheering you and the next you are working 7 am until midnight in business. It’s tough to change career in that way. John spoke that having that profile as a sportsman helped him in his career, as an accountant, investment banker and as a CEO of a mining company. What kills did you take from sport into your business career? I think mainly the benefit of focus. I was attracted to the tactical nature of rugby. Each position a specific different role, whether that’s the half-back or prop. In a mining company, we bring together similarly lots of different skill sets from geologists, engineers and financiers. There is a range of disciplines but in the same way that a rugby can be successful if they are brought together under one goal by their coach, business is the same and we are trying to do that with Resolute. Transition from Finance to Mining. I had initially focused on banking but I was offered an opportunity to interview for a job a small zinc development company. All I could think was, what would I know about running a mining company? However, during the interview, I convinced myself that I was going to be able to run the company. My insolvency background helped, as the mining industry was going through a difficult moment at that point and we were to reposition the company in a different direction. Starting In Resolute Mining. I was working in the same building as Resolute for many years. Working. It’s been a leading gold producing company for over 25 years. It was a pioneer for an Australian company going and working into Africa, in Ghana initially. John firstly joining a non-exec in and then became the CEO three years ago. What is happening at Resolute Mining currently? Although the asset is the same in terms of mines since John first starter the team have been really successful in repositioning the company into a different space. We are launching the world's first autonomous underground mine, we’ve been upgrading the infrastructure, solar hybrid power mission, invest in that mine. We have three mines that have ten-year lifespan, which sets us up nicely or the next phase. Why the Automated Mine? I guess it’s a combination of study and ambition, and the desire to build the best mine possible. Mining is a high-risk business so everyone looks to low-risk solutions, which means people often do things they have always done in the past. We saw this as an opportunity to enhance the value of the mine through automation, processing infrastructure, and creating a solar power plant. The study programme. We looked at different mines around the world to see how it has been for other companies who are retrofitting their mines for automation. We asked them why they went down this route. We were able to speak to people who had experience incorporate that into the feasibility studies. Designing the mine for the automation rather than retrofit is a key feature. We are confident we are going to save money. We believe that is where the industry is going and that it will increase opportunities for employment in the future and improve safety. What advice would you give to people who are thinking about automation? Making sure that you understand your business. Mining is actually is a subcontracting business you risk share with other companies, buying the equipment an partnering them to run and maintain that equipment. When things are automated your relationship between your supplier changes. Equipment provider changes to a different kind of relationship. If you're looking at automation, make sure you understand the roles of your partners. Make sure your investors are fully on board and recognise the changing skill set you will need in the company with automation. What’s the future look like? After the successful launch of the automated mine, we will then be looking to spread our wings. Next stage will be discovering new places around the world. We have a history of discovering and building new mines successfully. We are looking to establish a portfolio of mines and provide value to our shareholders. We are focusing on Africa, as there are lots more exploration possibilities and governments are willing to partner with mines. Why do you enjoy mining? The excitement for the exploration, the challenge of a competitive industry, complexity of the task involved, and one that is high risk, but very rewarding. Who has been the most influential person on you? At every stage, I have sought help and support from others. I learned a huge amount from Ian Millness my first chairman who was one of the most successful Australian entrepreneurs. I’m a great follower of Mark Bristow and the Rangold story. He is a highly influential figure. Best Moments ‘Learned an appreciation of other cultures, through learning French playing rugby.’ ‘Benefit of focus.’ ‘Study and ambition, and the desire to build the best mind possible.’ ‘Automation came from trying to build the best mine possible.’ ‘We’ve had to make a leap of faith.’ ‘The saving for us is not salaries, it’s productivity.’ ‘We will be seeing automation into underground mines.’ ‘The mining industry is a magic act; we turn dirt into bullion.’ About The Host 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 to people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics. Rob 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 the first world to third world countries from Africa, Europe, 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’ organisation 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. About The Guest John Welborn is MD & CEO of Resolute Mining who are developing gold mines in Australia and Mali and have portfolio of gold development and exploration projects in Ghana, Mali, Tanzania, Australia and Cote D’Ivoire. He has a colourful career, starting out as an international professional rugby player playing rugby in Australia and France and representing the Wallabies before retiring and going into the finance world before moving into mining. We met John at the Mines & Money London Conference where he discusses his journey and explains how they are developing the first fully automated underground mining operation in the world at their Syama operation in Mali. Contact Method Email Rob at rob@mining-international.org Rob’s LinkedIn Mining International Official Website Mining International’s Twitter Mining International’s Facebook
Egypt is on the verge of once again becoming a world-renown gold producer. The Golden Age is being rediscovered. For millennia, ancient Egyptian kingdoms prospered from unparalleled riches. Pharaohs built their empires and flaunted their abundant wealth that was made possible by the country’s resource-rich gold deposits. Despite this rich history, modern Egypt remains one of the most underdeveloped gold mining countries in the world. In this interview, Ossama El Maghraby shares how Egypt is currently undergoing a mining renaissance of which many are not aware. He is the chairman of Gold Pyramid Group which currently represents and manages Resolute Mining’s Egyptian operations. Ossama has over 12 years experience working in the mining industry in Egypt. While working for Centamin he was in charge of handling governmental affairs. Centamin owns the world-class Sukari gold mine which is the only operating gold mine currently in Egypt. Ossama shares in this interview that he believes many of the positive changes proposed for mining reform are on the verge of being implemented. 0:05 Introduction 1:40 Ossama El Maghraby’s background and mining experience in Egypt 3:37 Overview of mining in Egypt today 4:36 Egyptian government’s relationship with mining companies 7:34 How soon will Egypt implement positive changes to the mining code? 9:01 Ossama comments on the current law regarding joint ventures between the Egyptian government and producing mining companies 10:52 Foreign countries roles in helping Egypt with mining reform 12:18 How mining reform is legally implemented in Egypt 14:44 Mining in Egypt was unaffected by the 2013 governmental change 15:58 Current opportunities for investors and mining companies in Egypt Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred. To access the free Resource Insider E-book: https://capitalistexploits.org/86-5.html To learn about the Resource Insider investment service: https://capitalistexploits.org/86-6.html Use discount code “MSE” and receive 15% off the normal subscription rate.