New Murchison Gold (NMG) – Underground potential

During the quarter, PDI continued to progress Bankan through its DFS, which remains on track for completion in 2HCY25. We expect the Exploitation Permit will be granted in the next few months which, combined withRead more

MI6 has commenced an 80,000m drilling program to test for extensions to the current resource base at Bullabulling. We see scope for a larger resource, with extensions possible at depth and along strike. MI6 indicatedRead more

WGX’s 3QFY25 production and cash flow was in line with our expectations. AISC were higher than we expected but was offset by lower growth capex. WGX has reiterated its FY25 guidance ranges, with our forecastsRead more

OBM reported a weaker 3QFY25 result, largely due to a slower ramp up at Sand King. OBM has trimmed its production guidance and materially lifted AISC guidance as a result. We have lifted our medium-termRead more

RRL’s 3QFY25 result was largely pre-released, with production stronger than our prior expectations driven by a solid quarter from Tropicana. AISC were released for the first time coming in below our expectations, again driven byRead more