De Grey Mining Ltd (DEG) – Sizing Up Hemi

WAF’s 1QCY25 result was a slight beat to our estimates on costs, with pre-reported production at Sanbrado of 50.0koz helping to generate A$73m in operating cash flows for Sanbrado. Cash build was dampened by continuedRead more

PLS’s 3QFY25 result was solid with volumes broadly in line with our forecasts, while realised prices and unit costs were better than we expected. Guidance ranges for FY25 remain unchanged and our estimates remain withinRead more

The acquisition of the Bullabulling Gold Project has transformed MI6 from an early-stage battery material explorer to a gold development company. The Bullabulling project is well advanced in terms of resource definition and metallurgical testRead more

A1M’s Reserve update includes a significant lift in tonnes with a global total of 9mt grading 1.9% Cu 0.4g/t Au. The Jericho component almost doubled expanding from 3.2mt to 6.2mt, whilst the Eloise mine areaRead more

We recently completed a site visit to MEK’s Murchison Gold Project which highlighted development works are well on track with both mining and first gold production ahead of schedule. We estimate ~44koz of production inRead more