Beiträge von Real de Catorce

  • Endeavour Mining Corp./ EDV (TSX)

    Nov 15, 2018
    ENDEAVOUR ANNOUNCES 1MOZ HIGH-GRADE INDICATED RESOURCE ON KARI PUMP AT HOUNDÉ
    M&I Resources increase by 40% · Discovery cost of $9/oz · Only 35% of the Kari target was tested


    HIGHLIGHTS:

    • Kari Pump 1Moz maiden Indicated resource increases Houndé's M&I resources by 40%

      • Indicated resource of 11.3Mt at 2.71 g/t Au for 987koz; Inferred resource of 0.2Mt at 2.21g/t Au for 20koz
      • The mineralization covers an area 1.3km long by 0.8km wide and remains open in numerous directions
      • 98% of maiden resource has been classified to the Indicated category
      • Higher Indicated resource grade: 2.71g/t Au for Kari Pump compared to 2.05g/t for the Houndé mine
      • Amenable to open pit mining as mineralization starts at surface
      • ~45% of the Indicated resource is located within the oxide and transition zones, compared to most of the Houndé indicated resource being located in fresh zones
      • Low discovery cost of $9 per Indicated resource ounce
    • Kari Pump represents only 35% of the large Kari gold in soil anomaly

      • Kari Pump is one of three high-grade discoveries made in the large Kari gold in soil anomaly where more than 200,000m were drilled over the past 18 months
      • The Kari Center discovery extends 1.2km along strike and across a width of over 200m, while the Kari West discovery extends at least 1.0km along strike and across a width of 500m, with both mineralized systems remaining open
    • A second 200,000m drilling program will start before year-end, focused on extending the mineralization at Kari Pump, and delineating a maiden resource for Kari West and Kari Center

    [...]


    saludos

  • Leagold Mining / LMC (TSX)

    Mal was anderes.
    Der chart zeigt den money flow index MFI überlagert zum Kurs.
    Seit Anfang November liefen beide auseinander, bis gestern. (roter und blauer Pfeil)
    Der Kurs fiel während der MFI anstieg. Müßte positiv bewertet werden, oder?




    saludos

  • Leagold Mining / LMC (TSX)

    Die aktuellen Meldungen lesen sich gut, man macht vernünftige Planungen für die verschiedenen Standorte.
    Riacho dos Machados soll nächste Woche wieder angefahren und bald am Stromnetz angeschlossen werden.
    Es ist ein Wahnsinn wenn man nur die Stromkosten Dieselaggregat vs Netzstrom vergleicht.

    Zitat

    Once completed, the lower cost grid power is expected to reduce costs by $6 million annually,
    from approx. $0.23/kwh to approx. $0.06/kwh.

    Der gestrige Kursanstieg war erfreulich, leider wurden solche Anstiege in den Folgetagen oft wieder abverkauft.
    Also beobachten ist angesagt.


    Für Santa Luz gibt es einen aktuellen
    TECHNICAL REPORT ON THE SANTA LUZ PROJECT, BAHIA STATE, BRAZIL NI 43-101 Report
    (331 Seiten, muß man viel Zeit und Lust mitbringen) ;)


    saludos

  • Euro Sun Mining / ESM (TOR) -- Ehem. CPN

    Um 14:48 Uhr landete eben die neueste Rundmail bei mir.
    Die Lizenz steht jetzt im Amtsblatt/Staatsblatt oder wie die das in Rumänien so nennen.

    Nov 16, 2018
    Official Monitor of Romania Publishes Mining License for Euro Sun Mining's Rovina Valley Project


    Monitorul Oficial nr. 0970 din 2018
    Actul nr. 900 din 09 Noiembrie 2018
    Emitent: Guvernul României


    Hotărâre privind aprobarea Licenței de concesiune nr. 18.174/2015 a activității miniere de exploatare a minereului de cupru cu conținut de aur în perimetrul Rovina, județul Hunedoara, încheiată între Agenția Națională pentru Resurse Minerale și Societatea Comercială SAMAX ROMÂNIA - S.R.L.
    [...]


    saludos

  • Allgemeine Sachlage bei Minenaktien

    Beiliegend etwas von heute von Raymond James, outperform 21 CAD.


    saludos

  • Roxgold / ROXG, ROGFF (TOR, OTC)

    Quartalszahlen
    November 13, 2018
    Roxgold Reports Strong Cash Flow Generation in Third Quarter 2018


    1. HIGHLIGHTS
    For the three and nine-month periods ended September 30, 2018, the Company:
    Operations

    • Achieved production of 30,532 ounces of gold in Q3 2018 (28,410 ounces in Q3 2017) and YTD 2018 production of 106,812 ounces (91,970 ounces in YTD 2017);
    • Realized a record quarterly processing throughput of 78,357 tonnes - 15% above nameplate capacity;
    • Reduced operating costs per tonne processed by 7% in Q3 2018 and a 6% reduction in operating cost1 per tonne processed for YTD 2018;
    • Achieved a cash operating cost1 of $454 per ounce produced and all-in sustaining costs1 of $788 per ounce sold and $409 per ounce produced and $716 per ounce sold for the three and nine-month periods ended September 30, 2018, respectively;

    Financial

    • Higher EBITDA1 of $16.9 million in Q3 2018 ($14.3 million in Q3 2017) and $68.9 million for YTD 2018 ($44.6 million for 2017 YTD);
    • Achieved strong EBITDA margin1 of 45% in Q3 2018 (40% in Q3 2017) and 50% for YTD 2018 (39% for 2017 YTD);
    • Generated cash flow from mining operations1 totalling $18.6 million in Q3 2018 ($0.05 per share) and $75.1 million ($0.20 per share) for YTD 2018;
    • Maintained a strong balance sheet with cash on hand of $71.2 million;
    • Generated a strong return on equity1 of 22%;

    Growth

    • Delivered first development ore from Bagassi South in October 2018 on schedule;
    • Received all permits and decrees required for Bagassi South mining and the process plant expansion;
    • Operating seven drill rigs currently at Yaramoko targeting extensions to the 55 Zone and regional exploration targets – six from surface and one from underground.

    "With the solid operating results achieved at Yaramoko this quarter, we are confident of achieving the upper-end of our 2018 full year guidance range and expect to be at the lower-end of our cost guidance. We generated strong cash flow this quarter and have maintained our robust cash balance while advancing our growth project," said John Dorward, President and Chief Executive Officer of Roxgold. "At Bagassi South, the project has been progressing well during the quarter and first development ore has been delivered to the ROM pad in late October on schedule. The process plant expansion, which will increase mill capacity nearly 50%, is also continuing to progress well. With all materials now on site, the expansion is on track to be completed by the end of the year."


    2. 2018 PRODUCTION GUIDANCE AND COSTS
    Based on the strong operational results to date, the Company is confident it will achieve at or above the upper end of its production guidance and expect to be at the lower end of its cost forecasts for the twelve-month period ending December 31, 2018. Updated guidance for 2018 include as follows:

    • Gold production between 120,000 and 130,000 ounces;
    • Cash operating cost1 between $450 and $475/ounce;
    • All-in sustaining cost1 between $740 and $790/ounce;
    • Underground capital expenditure between $22 million and $26 million;
    • Bagassi South pre-production capital expenditure of $30 million and remains on schedule;
    • Increase in exploration spend from $9 million to $12 million.

    3. MINE OPERATING ACTIVITIES >> hier Tabellen und weitere Details ...


    saludos

  • Roxgold / ROXG, ROGFF (TOR, OTC)

    Aktuelle Bohrergebnisse
    Roxgold Reports 2018 Exploration Results at Yaramoko
    Highlights:

    • 19.5 grams per tonne ("gpt") gold over 10.1 metres ("m") from 576.6m in diamond hole YRM-18-DD-475W intersected at the 55 zone
    • 34.1 gpt gold over 2.1m from 664.2m in YRM-DD-485A at the 55 Zone
    • 6.9 gpt gold over 16.5m including 1.1m at 33.9 g/t gold from 600.0m in YRM-18-DD-477W at the 55 Zone
    • 9.2 gpt gold over 5.4m including 0.3m @ 80.3 g/t gold from 907.2m in YRM-18-DD-482 at the 55 Zone
    • 16.1 gpt gold over 0.5m in diamond drill hole YRM-18-DD-BGS-435 at QV1
    • Infill and Extensional drilling program in progress at Zone 55 and Bagassi South
    • Currently seven drill rigs active at Zone 55 and Bagassi South
    • Regional drilling program due to commence next week

    saludos

  • Euro Sun Mining / ESM (TOR) -- Ehem. CPN

    So, wurde auch Zeit!


    Nov 12, 2018
    Euro Sun Announces Mining License for the Rovina Valley Project Fully Approved by Romanian Government


    Nächste Etappe

    Zitat

    The Company will now undertake the Environmental and Social Impact Assessment (ESIA) and will also continue the Feasibility Study accelerating the Rovina Valley Project towards a construction decision.


    The Preliminary Economic Assessment (PEA) in 2010 outlined a robust project with an average annual gold production of 196,000 ounces over 19 years with the first five years of production averaging 238,000 oz annually. In addition, the PEA indicated that the Rovina Valley Project would produce 49.4 million pounds annually. Production was based on a production rate of approximately 45,000 tonnes per day.


    The Feasibility Study will evaluate a scalable, phased approach targeting higher grade zones of the deposit. The phases will begin with the exploitation of the Colnic deposit, with the other deposits to follow, at an initial throughput of approximately 15,000 - 25,000 tonnes per day.
    The Company believes this phased approach better manages upfront capital costs, better mitigates project risk and is anticipated to deliver improved economics over the 2010 PEA.

    salut

  • Red Eagle Mining

    another one bites the dust ...

    Red Eagle receives default notice from lenders


    2018-11-09 18:47 ET - News Release
    An anonymous director reports
    RED EAGLE MINING RECEIVED DEFAULT NOTICE
    Red Eagle Mining Corp.'s secured lenders have given a default notice, have issued a demand letter under the secured credit facility and intend to appoint FTI Consulting as receiver over Red Eagle Mining's assets. Red Eagle Mining had negotiated a restructuring, announced Aug. 24, 2018, under which the secured lenders would write off a significant part of their debt to enable Red Eagle Mining to recommence operations, but the restructuring was contingent upon a $38-million (U.S.) equity financing from Annibale SAC, personally guaranteed by its principal Fernando Palazuelo. Annibale defaulted on that commitment, and as a result, the restructuring could not proceed.
    We seek Safe Harbor.
    © 2018 Canjex Publishing Ltd. All rights reserved.


    Der Kurs steht bei 0,015 CAD, trading halt und Webseite nicht erreichbar.
    2014 war ich hier auch eine kurze Zeit dabei.


    saludos