Articles On Hillgrove Resources (ASX:HGO)

Hillgrove Resources (ASX:HGO) has made a Final Investment Decision (FID) to proceed with the stage one development of the Kanmantoo underground copper mine in South Australia. Located 25km away from Mount Baker in the Adelaide Hills region,...

The ASX was trading positively at midday, up almost 0.7 per cent. Most sectors secured gains, with healthcare leading the pack, up nearly two per cent at midday. In ASX news, Iceni Gold (ICL) has made further gold finds along the 15-...

Hillgrove Resources (HGO) makes a final investment decision to proceed with the stage one development of its Kanmantoo underground copper mine in South Australia The project is being fully funded by a recent $38 million placement and sha...

Hillgrove is well and truly on the path back to copper production after pressing the green button on the final investment decision for Stage 1 development of its Kanmantoo underground mine in South Australia. The fully-funded development de...

At the start of a new trading week, the ASX is expected to open slightly lower, reflecting the losses incurred on Wall Street on Friday. Looking ahead, here are some ASX-listed companies to watch out for today: Lithium Power Internat...

Stockhead’s ‘Garimpeiro’ columnist Barry FitzGerald is back in the studio for another instalment of The Explorers Podcast. In this episode, Barry chats to Lachlan Wallace, CEO and Managing Director at Hillgrove Resources (ASX:HGO). Hillgrov...

Hillgrove Resources has appointed Dr Roger Higgins to the board as non-executive director following a long search process for a candidate who could provide the right skill set. Higgins, a former chairman of Demetallica prior to its takeove...

With buoyant copper prices on the horizon and $38m in the coffers, Hillgrove Resources is blasting ahead with the development of its Kanmantoo project in South Australia. It’s now fully-funded for its flagship Kanmantoo copper-gold project...

South Australia could be on the cusp of a resources and mining boom with the industry tipping almost $11bn into the state’s economy as the lure of gold and future facing minerals heats up on the back of the world’s transition to cleaner ene...

Hillgrove is confident it can materially expand the scale of the Kanmantoo copper and gold mine in South Australia ahead of the restart of the country’s next operating copper mine in early 2024. Hillgrove Resources (ASX:HGO) has announced a...

Hillgrove’s Kanmantoo Underground Stage 1 development is looking to be a real company maker with the updated economic assessment outlining its ability to deliver free cash flows of more than $200m. Early works for Stage 1 development have s...

Hillgrove Resources is seeking $39 million to restart its Kanmantoo copper project in South Australia. In an announcement, Hillgrove said that economic assessment of the project has demonstrated strong free cash flow potential of $205 mill...

Hillgrove is all set to kick off development of its Kanmantoo underground copper-gold mine in South Australia with production starting as soon as later this year. To help achieve this objective, the company is raising up to $39.2m through a...

The ASX fell today because US data gave Wall Street the willies on Friday A month’s worth of shipping data shows coal shipments to China are on the rise Qantas celebrates last week’s $1bn profit by slashing regional services. Again   Toda...

Near term copper miner Hillgrove Resources will be able to restart its Kanmantoo mine in South Australia within just seven months of a final investment decision, with an updated economic assessment showing the junior is in the box seat to c...

South Australian copper explorer Hillgrove Resources was asking fundies to chip in $35 million on Monday morning, with expectations of big US investor to pop up with a 19.9 per cent shareholding via the raise.

The impending copper shortage has been a slow-moving car crash, years in the making. Despite the mountain of cash spent on exploration every year, we aren’t finding the big tier 1 deposits fast enough to replace existing – and increasingly...

Its quarterlies season again as the ASX market announcements page becomes increasingly flooded with earnings lodgements. To save you the trouble of trudging through it all, we’ve wrapped up the highlights from some of the reports that caugh...

Copper has been on the upswing with rising prices and strong forward demand but companies with the potential to bring on new production in the near-term are few and far between. One of these rare gems is Hillgrove Resources (ASX:HGO), which...

We asked Stockhead readers which commodities are exciting them the most in 2023 Copper, gold, uranium and lithium are on the radar of small cap mining fans Six experts give us their best commodity bets for 2023 … AND 24 STOCK PICKS 2022 i...

Rumours of China’s reopening have mining investors hoping a new dawn could be on the horizon for copper Just three days of visible warehouse stocks, Shaw and Partners analysts say Our experts suggest eight cheap copper juniors who could be...

An IPO raise is open for H&G High Conviction, which is scheduled to debut on the ASX in mid-October under the proposed ASX code: HCFH&G (Hancock & Gore) High Conviction provides risk-adjusted returns through a portfolio of micro...

Stockhead’s ‘Garimpeiro’ columnist Barry FitzGerald is back in the studio for another instalment of The Explorers Podcast. In this episode Barry chats to Lachlan Wallace, CEO & managing director at Hillgrove Resources (ASX:HGO) Hillgrov...

Hillgrove Resources (HGO) signs a royalty agreement with Freepoint Metals & Concentrates for the Kanmantoo copper-gold project in South Australia HGP will receive $6 million consideration from Freeport which will fund underground devel...

Hillgrove has scored a $6m cash payment after reaching a royalty agreement with long-standing partner and supporter Freepoint Metals and Concentrates. In return for the payment, Freepoint will receive a 2.5% net smelter returns on the first...

Hillgrove Resources (HGO) reports “excellent” drill results from the Spitfire copper gold zone in South Australia The company saw 12 diamond holes drilled in May, of which nine intersected significant copper-gold of up to 1.72 per cent cop...

OZ Minerals’ option deal – potentially worth up to $405 million – to acquire Havilah’s (ASX:HAV) Kalkaroo copper-gold deposit in far northeast South Australia has put a spotlight on the state’s other copper juniors. The option may well not...

Hillgrove Resources has boosted the copper resource at the Kavanagh deposit at its Kanmantoo mine in South Australia, highlighting its potential to go stronger for longer at the underground mine. Kavanagh’s copper metal inventory has increa...

Hillgrove Resources (HGO) lifts the copper mineral resource estimate (MRE) for the Kavanagh deposit located at Kanmantoo in South Australia The MRE has been increased 13 per cent to 61,000 tonnes at 1.1 per cent copper, reflecting assays f...

Drilling at Hillgrove’s Kanmantoo project has returned significant drill results that demonstrated the continuity and endowment of the Nugent copper-gold lode system. Of the 24 holes drilled, 23 intersected the Nugent system with a top resu...

DRC Drilling has now been engaged to undertake a 1,200m drilling program across the copper-gold project. The primary decline has advanced to a position suitable to establish the first underground drilling platform. This means Hillgrove Res...

Hillgrove has hit a milestone with the delivery of the first load of high-grade underground Kanmantoo ore to the run-of-mine stockpile. This ore was recovered from the ventilation drive which is currently being advanced by the Komatsu MC51...

Hillgrove’s continuous mining trial at its Kanmantoo copper project is making progress with Komatsu successfully completing the portal for the primary decline. PYBAR has now been engaged to extend the decline through traditional drill and b...

ShareCafeThe Week that Was – March 21-25, 2022 We at ShareCafe understand you are busy and may not have been left with enough time to keep up with the quality content we’ve been bringing you throughout the week. To make it easier to do so,...

ShareCafeHillgrove Goes Full Bore at Kanmantoo Hillgrove Resources is looking to advance faster development of its underground discovery at the historic Kanmantoo copper gold mine southeast of Adelaide after good results from four diamond d...

Funding discussions have advanced to definitive agreements, with the required capital for the restart expected to be entirely funded by debt. Moreover, with drilling continuing to deliver wide zones of copper mineralisation, Hillgrove’s nex...

Last year, the price of copper rose 33%, but that was just the entree. Goldman Sachs reckons the red metal will hit a record US$12,000/t over the next month, up from ~$US9,700/t currently. That’s uncomfortably bullish, but even the more mil...

“It was an exciting quarter for the company and the Kanmantoo site, which has seen us complete an updated mineral resource estimate that increased copper metal by 82% from 34,400 tonnes to 62,500 tonnes of copper as a result of the 2021 dri...

“Kanmantoo Underground Stage 1 presents a unique opportunity to produce copper in a Tier 1 jurisdiction at a time of record prices, generating post-tax cash flows of $196 million in the initial stage, with resource upside through depth exte...

“Kanmantoo Underground Stage 1 presents a unique opportunity to produce copper in a Tier 1 jurisdiction at a time of record prices, generating post-tax cash flows of $196 million in the initial stage, with resource upside through depth exte...

US stocks fall ahead of Fed meeting On Wall Street, all three major benchmarks finished lower ahead of the final US Fed meeting of the year, to be held today (US time). After last week’s best weekly gain since February, the S&P 500 fell...

Hillgrove has unleashed a resource upgrade and economic assessment sparkling with examples of how lucrative underground mining at Kanmantoo copper-gold mine can be. The company now expects the project to deliver post-tax free cash flow a sl...

Kanmantoo Copper Gold Mine is an advanced, fully permitted project with key infrastructure in place for a low capex restart

Development of the underground decline at Hillgrove’s Kanmantoo project has started with the world’s first portal cut using a transformational continuous mining technology. What separates Komatsu’s continuous mining technology from traditio...

Hillgrove Resources’ Kanmantoo underground decline in South Australia has commenced,  bringing forward potential first copper production and reducing future development costs. The decline is the first portal cut using transformational cont...

Hillgrove has started an extensive 16,000m drill program aimed at increasing resources at its Kanmantoo copper project in South Australia. This will target extensions to known lodes with initial drilling aimed at bringing the Nugent Pit int...

Hillgrove is poised to start a major drill program targeting extensions to known lodes at its Kanmantoo copper project following the arrival of the first rig. Drilling to test extensions to the Nugent, SW Kavanagh, Spitfire and North Kavana...

Hillgrove Resources has secured three drill rigs for the next stage of exploration at its Kanmantoo Underground project in SA – with the first rig scheduled to arrive and kick off drilling on 18 October.  The drilling will be completed by D...