We start off today with a bit of M&A unhappiness as the once happy takeover of OreCorp (ORR) by Canada’s SilverCorp seems to have soured. Next up we had a quick word on Patriot Battery Metals (PMT) drilling from CV9.
AIC Mines (A1M) reserve upgrade for Lens 6 at the Eloise copper mine caught our eye as the company looks to expand the plant and lift production over the coming years.
Copper behemoth Codelco got a shout out as they elected to spend more at Chuquicamata in the face of declining grades, deeper mines and rising costs.
Lastly, WestGold (WGX) topped up their liquidity with a $100m RCF which naturally got the rumour mill going again.
Thank you to our Podcast Partners:
DSI Underground - Supplier of Ground Support Products to the Mining and Tunnelling industries
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Terra Capital - Specialist Investment manager in the natural resources sector
terracapital.com.au/
K-Drill - Safe, reliable, and productive surface RC drilling
www.k-drill.com.au/
McMahon Mining Title Services (MMTS) - Australia-wide tenement service experts
www.mmts.net.au/
Brooks Airways - Perth’s leading charter flight operators
www.brooksairways.com/
JP Search - Recruitment specialists for the financial world
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KCA Site Services - Underground Mining machine hire for IT’s, Normet’s, Trucks, and more
kcasiteservices.com.au/
Future Proof Consulting - Specialist mining-industry sustainability consultants providing ESG solutions for miners of all sizes, stages and commodities
futureproofconsulting.com.au/
Anytime Exploration Services - Exploration workers, equipment, core cutting/storage plus much more
www.anytimeexplorationservice...
SMEC Power & Technology - Electrical specialists for the mining industry
smecpt.com.au/
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CHAPTERS
0:00:00 Preview
0:00:04 Introduction
0:00:38 An in-love Underground Miner
0:04:33 Could we see a shareholder revolt at ORR?
0:12:21 Patriot Battery Metals hitting new pegmatites
0:13:58 Could AIC Mines new reserves boost cashflow?
0:26:40 What Codelco has to spend just to maintain production
0:31:00 Westgold top up cash facilities… what for?
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DISCLAIMER
All Money of Mine episodes are for informational purposes only and may contain forward-looking statements that may not eventuate. The co-hosts are not financial advisers and any views expressed are their opinion only. Please do your own research before making any investment decision or alternatively seek advice from a registered financial professional.