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.
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.
Thank you to our Podcast Partners:
DSI Underground - Supplier of Ground Support Products to the Mining and Tunnelling industries
Terra Capital – Specialist investment manager in the natural resources sector
McMahon Mining Title Services (MMTS) – Australia-wide tenement service experts
Futureproof Consulting – Specialist mining-industry sustainability consultants providing ESG solutions for miners of all sizes, stages and commodities
Anytime Exploration Services – Exploration workers, equipment, core cutting/storage + much more
KCA Site Services – Underground mining machine hire for IT’s, normet’s, trucks and more
JP Search – Recruitment specialists for the financial world
Brooks Airways – Perth’s leading charter flight operators
K-Drill – Safe, reliable, and productive surface RC drilling
Join our exclusive Facebook Group for the Money Miners and request access to the Hooteroo chat group.
Subscribe to our weekly newsletter HOOTEROO HERALD
Follow Money of Mine on YouTube
Follow Money of Mine on Twitter
Follow Money of Mine on LinkedIn
Follow Money of Mine on Instagram
TIMESTAMPS
(0:00:00) Introduction
(0:00:48) An in-love Underground Miner
(0:04:43) Could we see a shareholder revolt at ORR?
(0:12:31) Patriot Battery Metals hitting new pegmatites
(0:14:08) Could AIC Mines new reserves boost cashflow?
(0:26:50) What Codelco has to spend just to maintain production
(0:31:10) Westgold top up cash facilities… what for?
We had the opportunity to sit down with Sam Berridge, natural resource fund manager at Perennial, for a wide-ranging chat. We started on the...
Money of Mine has delivered another great interview for the Money Miners today with none other than Pilbara Minerals CEO Dale Henderson. We visited...
Newmont have come back for another bite at Newcrest with a $29.4b bid, Evolution revise their guidance after Ernest Henry’s disruption, Calidus are on...