Ora Gold (OAU) – 1QFY25 Update

PLS’s operational performance in 1QFY25 was solid, with production and sales largely in line with our forecasts. Realised pricing was down QoQ, in line with spot movements, however cost discipline was highlighted with the operationalRead more

New World Resources has shifted focus towards permitting and funding of its Antler Cu-Zn-Pb-Au-Ag project located in Arizona. Grant of the submitted Antler Air Quality Permit is expected during the first half of CY25 andRead more

BCN’s  1QFY25 production result, pre-reported, of 5.2koz, marked an improvement of 33% QoQ as head grades and recoveries trended higher following a transition to the processing of MacPherson’s ore.  We maintain our Speculative Buy recommendationRead more

GOR’s 3QCY24 production result of 68.8koz showed an improvement QoQ but was 14% below our estimate. GOR should deliver a strong quarter to finish CY24 as improving head grades at Gruyere lifts gold production howeverRead more

With construction of the Kathleen Valley project largely complete, LTR achieved first spodumene concentrate production in the quarter (28.2kt produced) and its maiden shipment (10.8kt sold). A key positive was an initiation of a spotRead more