Resources & Energy Group has sights set on gold
The company’s portfolio includes three gold projects.
Company
NYSE:GFI
Gold Fields is one of the world’s largest unhedged producers of gold with attributable production of 3,64 million ounces per annum from eight operating mines in South Africa, Ghana and Australia. A ninth mine, Cerro Corona Gold/Copper mine in Peru, commenced production in 2008 at an initial rate of approximately 375,000 gold equivalent ounces per annum. The company has total attributable ore reserves of 83 million oz and mineral resources of 251 million ounces.
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The company’s portfolio includes three gold projects.
The gold company created by a merger of Aphrodite and Excelsior has multiple lodes at depth at Zoroastrian deposit which are suited to underground mining.
Three gold bars were produced last week at Gruyere totaling an estimated 1,139 ounces from the carbon-in-leach (CIL) and elution circuits.
Investments and investor services
Samso seeks to help clients with business development and public investor/relation needs. Samso has over 30 years of experience in developing business ideas and concepts in the Australasian region.
It has assets in WA’s Yamarna-Mt Venn region near future Gold Fields' mine Gruyere.
The company operates a fleet of 23 Fokker F100, 10 Fokker 70LR jet aircraft and five Fokker turboprops with additional fleet units scheduled to enter service during the remainder of 2019.
Investments and investor services
Global investment management corporation BlackRock Group now holds 7.54% of the gold developer.
Gruyere is forecast to be a global tier 1 gold mine with a long life and high margins.
Investments and investor services
The global investment management corporation has accumulated a 5.46% stake through a series of on-market transactions.
Apollo Hill Gold Project in the Eastern Goldfields is the key focus.
The JV with Gold Fields is on track for commercial production from the project in the second half of the year.
The company holds ground in the Eastern Goldfields picked up from Saracen and Newmont.
Gold Road attributable ore reserve now totals 1.96 million ounces of gold, with a mineral resource of 3.31 million ounces.
As part of commissioning, material has been introduced through the primary crusher to the coarse ore stockpile.
Maverix’s sole aim is to deliver shareholder returns through building an attractive precious metals royalty and streaming portfolio
Aspiring miner Gold Road is hoping to produce 150,000 ounces a year for its investors.
The West Perth company will undertake further drilling at the Hawks Nest 9 zone.
The company’s adjoining West Lefroy tenements are being farmed into by Gold Fields for $25 million.
The company is developing an extensive portfolio of exploration assets in Western Australia’s “Golden Highway”.
Cora Gold's listing on the Aim market in London has been well supported