Articles On Calidus Resources (ASX:CAI)

With gold spending most of the past week hovering around the US$1,800/oz (A$2,485/oz) mark, speculation has turned away from whether the precious metal can hold its gains to asking if it can test hit the US$1,850/oz mark. Gold is currently...

Federal Government forecasters say there are $185 billion worth of major Australian projects in hydrogen, carbon capture and storage and ammonia in the pipeline. On numbers contained in the 2021 Resources and Energy Major Projects Report by...

It’s been fairly choppy for precious metals this year, with economic recovery, rising nominal yields and the potential for rate hikes dampening investors’ appetite for gold. But on the flip side, new virus variants, fears of stagflation and...

Production at Calidus Resources’ proposed 105,000 ounce per annum Warrawoona gold mine in WA remains on schedule for the first half of 2022 with construction of the processing plant now 85 per cent complete.

WA’s tight market, supply chain issues and border restrictions have given miners plenty of reasons to push back project time frames. Good news then, with two new mines in the Pilbara and Goldfields remaining on track to join Australia’s gol...

The Warrawoona gold project is 78 per cent complete, which owner Calidus Resources (CAI) says could be Australia’s next gold producer The project reportedly remains on schedule and within budget, with first gold production set for the June...

US Fed chair Jerome Powell finally admitted that inflationary pressures weren’t going to be as sh­­ort-lived as perhaps expected. Earlier this week Powell surprised markets by suggesting it would be appropriate to drop the phrase “inflation...

Gold developer, Calidus Resources is set to unleash the rig for a regional gold search aiming to grow its existing 1.7 million ounce resource base in the Pilbara region of WA.

Calidus Resources (CAI) commences drill testing priority greenfields gold targets at its Warrawoona and Blue Spec deposits The drilling will reportedly determine the potential of shallow gold mineralisation A definitive feasibility study (...

Following a 7.6% surge from late September, the price of gold briefly hit five-month highs of ~$US1,872/oz on fears that current high inflation levels are more than ‘transitional’. Gold is an ‘inflation hedge’; an investment that ostensibly...

Following a 7.6% surge from late September, the price of gold is now sitting ~$US1,860/oz for the first time since June. The Aussie price is looking even better, which is great news for our local producers: USD (dark) and AUD (light) gold p...

Highlights 8 AU is a diversified mineral explorer with a strong project portfolio in Western Australia. The Company is set to get listed on the Australian Securities Exchange in December 2021. The IPO opened for subscription on 25 Oct...

Growing concerns about inflation could send gold prices soaring back above the US$2,000 ($2,746) an ounce mark it last reached back in 2020. Prices of the precious metal have already been rising steadily over the past fortnight, up some 3.7...

Calidus Resources maiden drilling program at its Blue Spec satellite underground gold resource in WA’s prolific Pilbara region has hit paydirt returning results of up to 101 grams per tonne gold.

Calidus Resources (CAI) receives ‘exceptionally high-grade’ results from a drilling program at the Blue Spec project in WA’s Pilbara Assay results include up to 101g/t gold from 196 metres which the company says confirms the high-grade nat...

Wall Street at fresh highs as US jobs rise US stocks closed the week at record highs on Friday, as the US economy added 531,000 jobs in October, compared to 312,000 in September. The S&P 500 and Nasdaq set their sixth consecutive day of...

A global carbon taxation regime could slash gold miner profit margins by up to 45% unless an effort is made to reduce greenhouse gas emissions, Metals Focus says. Some countries, such as Canada and Sweden, already impose carbon taxes and th...

The gold price may be in a holding pattern at ~$US1,800/oz, but Aussie gold miners continue to throw piles of cash at acquisitions and new developments. Westgold (ASX:WGX) looks increasingly likely  to hoover up struggling producer Gascoyne...

Gold stocks are cheap, experts keep saying. Well-known analyst Jesse Felder has now demonstrated the “pathetic performance” of the US gold majors in handy chart form. The US listed BANG stocks (Felder’s play on FANG) include gold giants Bar...

Despite a rally the last few days, the S&P/ASX 200 Index (ASX: XJO) has lost 3.6% since mid-August. In such turbulent times, an old investing axiom says gold can be a safe haven. Whether that’s wise or not is up for debate, as some exp...

The +9Moz, ~350,000ozpa ‘Kyuchus’ field will be one of Russia’s biggest gold mining projects. Kyuchus was first discovered in 1963, but its isolation in the harsh Arctic climate of the Yakutia region has, so far, stymied numerous developmen...

Investors want to see gold miners wisely grow their production profile. Not like miners did during the last cycle, when some irrational, highly priced M&A action destroyed significant wealth. The big gold miners have a “lousy recent his...

Assays from a Phase two drilling program at Kalamazoo Resources’ (ASX: KZR) Ashburton gold project in Western Australia’s Pilbara region has extended a new area of moderate to high-grade mineralisation known as the Waugh Zone. The zone was...

Garimpeiro mentioned back on July 25 that he had grown a bit bored with the local gold exploration scene and that he was off to the wilds of West Africa in search of action. He came up with a couple of West African gold specialists to keep...

There is a lot of uncertainty in the market due to tensions in China, rising interest rates and continuing economic recovery of the global COVID-19 pandemic, with investors fleeing for safe havens to park their cash in. Safe havens like gol...

The valuations of major gold miners remain weak despite falling debt and record dividends, according to the latest Metals Focus Gold Peer Group Analysis. Australia’s largest gold miners Newcrest (ASX:NCM), Northern Star (ASX:NST), and Evolu...

Turning lead into gold is the oldest trick in the big book of dodgy science (alchemy), but in outback Western Australia there really is a company developing a lead and silver mine with early hints of gold and copper to follow. Galena Mining...

It’s been a frustrating few months for gold bulls. As an investment hedge, gold shines during periods of poor or volatile market sentiment. It loves drama like pandemics, civil wars, or the unprecedented failure of the Lehman Brothers in 20...

Calidus Resources has hired Macmahon to undertake open cut mining at the Warrawoona gold project in Western Australia in preparation for first production next year.  The contract will allow Macmahon to complete open cut mining activities un...

ASX-listed Calidus Resources has taken two crucial steps in its journey towards becoming Australian’s next gold producer completing installation of the mill at its Warrawoona project in WAs Pilbara region and signing a mining services agree...

Highlights CIMIC Group shares dropped even after one of its companies secured a contract extension. Mineral sands player Heavy Minerals made a weak debut on the ASX today. Hotel Property Investments and Vulcan Energy shares are under...

Highlights The ASX 200 was down 12% by 7,416, paring early losses. Six of the 11 indices were trading in the red, while energy gained the most. Energy companies Beach Energy, Woodside, AGL, Santos and Oil Search topped the gainers’ ch...

Highlights The benchmark index, the ASX 200 was trading 7.3 points lower at 7,417.9 during the opening session. The market breadth is showing negative sentiments taking over in today’s session, with seven out of the 11 sectors trading...

Macmahon has finalised a $210 million contract for mining services at Calidus Resources’ Warrawoona gold project in the Pilbara as on-site construction heads towards completion.

Gold continues to consolidate around $US1,800/oz which, if we went back in time to July 2020, would be cause for celebration. Back then $US1,800/oz was an eight-year high and bullish sentiment was nudging even the shittiest exploration stoc...

ASX-listed budding gold producer Calidus Resources has been buoyed by visible gold seen in drill core from a quartet of recent diamond holes aimed at verifying its high-grade Blue Spec satellite underground gold resource in WA’s prolific Pi...

Wall Street drifts lower on economic concerns All three major US stock market indexes slipped for the second consecutive day overnight, as investors weigh recent economics data and risk factors. The Dow Jones fell by 0.20%, the S&P 500...

Gold bugs would be breathing a sigh of relief this week as the price stabilises just shy of $US1,800/oz ($2,463/oz Aussie) thanks to Monday’s healthy 1.5% gain. While there are plenty of other red hot sectors attracting investor dollars rig...

Rising investment in exploration and buoyant commodities markets provided a boost for mining services stocks in the latter part of the 2021 financial year. Some of the biggest contractors on the ASX reported their 2020-21 earnings today, wh...

The gold price itself had 12 months of consolidation. Now we are entering a new stage of a bull market which Barry Dawes of Martin Place Securities believes “will take it much, much higher”. In the big scheme of things, the pullback we have...

Aspiring Pilbara gold miner Calidus Resources says its $120 million Warrawoona project near Marble Bar is now 50 per cent complete with first production set for the June quarter of next year.

ASX-listed Calidus Resources is on track to become Australia’s next gold producer. Construction at the company’s Warrawoona gold operation in WA’s Pilbara region is more than 50 per cent complete and is set to deliver the first gold pour in...

On Sunday, a chaotic ‘flash crash’ saw the gold price plummet into the $US1600s per ounce before staging a mild recovery. Experts mostly point to a better than expected jobs report out of the US for heavy selling that saw the traditional he...

Gold’s 10% fall over the past three months has rubbed some of the gloss off the metal, but not the investment case of an emerging producer as this tale of two miners demonstrates. In Capricorn Metals (ASX: CMM) versus Calidus Resources (ASX...

As an uncorrelated asset – value not tied to larger fluctuations in the traditional markets — gold has had “its lunch cut a bit” by crypto, PCF Capital’s Liam Twigger says. “There is an article in the last Economist asking, ‘what happens if...

Fortescue Metals Group (ASX:FMG) CEO Elizabeth Gaines predicts steel production in China will not drop below 2020 levels despite talk of production cuts in the steelmaking powerhouse. She told delegates at the Diggers and Dealers Mining For...

Strong consumer buying and modest institutional investment helped create gold demand of 955.1 tonnes over Q2 – a 9% rise from Q1 2021, and in line with the equivalent period last year. While both consumers and retail investors were purchasi...

An additional news report on the recommendation, valuation, forecast and opinion changes for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now added The Au...

Construction at Calidus Resources’ Warrawoona gold operation in Western Australia’s Pilbara region is well on track with “rapid progress” made in recent weeks ensuring the company is on schedule to become Australia’s next gold producer.

It is no longer just lip service — to create max value for shareholders, miners know they need good Environmental, Social and Governance (ESG) credentials. Failing to maintain good relationships with stakeholders (like governments, local co...