Karora Resources (KRR CN) – Ceasing coverage

WGX has pre-released production and cash balances earlier this month. The pre-released result was weaker than we had expected as the ramp up at Bluebird-South Junction was slower than we expected, which more than offsetRead more

RRL’s 2QFY25 result had been largely pre-released earlier this month, with the company reporting strong production and record cash flow generation. Cash and bullion at the end of December was an impressive A$529m, enabling theRead more

LOT is on track for a 3QCY25 restart of the Kayelekera uranium mine, following a 10-month repair and commissioning phase. The initial restart is on budget (US$50m) and will be followed up by efficiency worksRead more

GOR’s annual Resource and Ore Reserve statement was largely in line with our expectations with higher gold prices and updated economics providing a +1.1Moz increase in contained MRE ounces at the Gruyere JV. Ore ReservesRead more

SMI’s key milestone in 2QFY25 was the reporting of its PFS for the Bendigo-Ophir Gold Project (BOGP) which outlined a 9-year mine life producing 125kozpa at an AISC of A$1,416/oz. With a PFS now inRead more