Company Overview and News
BAMAKO, Jan 17 (Reuters) - Industrial gold production in Mali rose to 49.6 tonnes in 2017, up 5 percent from the previous year, a senior Mines Ministry official said on Wednesday. (4-0)
Above are my Top 20 gold mining stocks for 2018. All of these companies have large resources and are highly undervalued based on their cash flow potential at higher gold prices. They are on this list primarily because of their upside potential. These are either producers or development stocks, although there is one optionality play (Goldmining Inc). (75-2)
TORONTO, ONTARIO--(Marketwired - Dec. 12, 2017) - African Gold Group, Inc. (TSX VENTURE:AGG) ("AGG" or the "Company") announces that the binding letter of intent with Hummingbird Resources plc ("HUM") announced on September 27, 2017 has terminated and that all further negotiations regarding the execution of a definitive agreement for a strategic investment by HUM and ongoing joint development of the Company's Kobada gold project have ceased.
Hummingbird Resources (OTCPK:HUMRF) disclosed in its Q3 2017 review that it remains on track and budget to deliver first gold from its Yanfolila project in Mali by the end of 2017. It’s very rare for a gold miner to deliver a project without delay and on budget and I think that Hummingbird will be up for a re-rating as a producer if all goes well to first gold pour and start of commercial production.
LONDON, Sept 27 (Reuters) - African Gold Group and Hummingbird Resources on Wednesday said they had conditionally agreed on an $6.4 million deal for Hummingbird to operate the Kobada Gold Project in Mali.
Hummingbird's Yanfolila mine is still on track and expected to achieve "first gold pour" within the next five months.
Volcanic Gold Mines Inc. ("Volcanic") (TSX VENTURE:VG) is pleased to report details of its mapping and prospecting program at its Mandiana Project in Guinea. Recent field activities have focused on a linear zone of artisanal workings 6.3km in length and up to 550m in width at Tadibakourou, at which coarse gold has been recovered from numerous shallow pits and shafts.
One bank cut its target price right at the 2-month low and right before the gold price shot up again.
VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 13, 2017) - Volcanic Gold Mines Inc. ("Volcanic") (TSX VENTURE:VG) is pleased to report initial results of its exploration drilling campaign at its Mandiana Projects in Guinea. To date, a total of almost 3,000m of reverse-circulation ("RC") and diamond drilling, and over 15,000m of air-core drilling, have been completed at Mandiana and at lands recently optioned from West African Mining Associates SARL ("WAMA").
Paternoster Resources plc (AIM: PRS), an investment company focused on the natural resources sector, is pleased to announce its audited final results for the year ended 31 December 2016.
Hummingbird Resources (AIM: HUM) is pleased to announce that all resolutions were duly passed at its Annual General Meeting held today.
Hummingbird Resources (AIM: HUM) is pleased to announce it has acquired an additional 5% interest and a 1% royalty in the Yanfolila Gold Project in Mali ("Yanfolila" or "the Project") for US$2 million, increasing its stake to 80% ahead of its first gold pour from Yanfolila targeted by the end of 2017.
VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 8, 2017) - Volcanic Gold Mines Inc. ("Volcanic") (TSX VENTURE:VG) is pleased to report on the progress of exploration drilling at its Mandiana Project ("Mandiana"), as well as at the contiguous lands recently acquired under option from West African Mining Associates SARL ("WAMA") in Guinea. A total of almost 3,000m of reverse-circulation and diamond drilling, and over 6,000m of air-core drilling have now been completed at these projects.
Hummingbird Resources (AIM: HUM) received notification today that Lindine Inc no longer holds a notifiable interest in the Company.
Hummingbird Resources (AIM: HUM) is pleased to announce its final audited results for the period ended 31 December 2016.
2017-12-11 - Wilton
2017-12-11 - Wilton
2017-12-03 - Wilton
2017-11-27 - Wilton