Articles On Mako Gold (ASX:MKG)

‘Guy on Rocks’ is a Stockhead series looking at significant happenings in the resources market each week. Former geologist and experienced stockbroker Guy Le Page, director and responsible executive at Perth-based financial services provide...

A quick wrap of the key winners and losers on Thursday, May 7. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made potentially market-moving announcements during the day. WINNERS Code Company Price...

For explorers, the difficult task of raising cash is made more challenging in today’s cautious market. A ‘non-dilutive’ alternative is to sell non-core assets to larger miners, who are often searching for low-risk, low-cost acquisition oppo...

A binding term sheet has been signed with Nordgold for the sale of the Niou project with funds to be utilised for exploration at the company's Cote d’Ivoire projects.

A $1 million contribution builds on Resolute’s contribution of medical services and supplies to the communities surrounding the Syama Gold Mine in Mali and Mako Gold Mine in Senegal.

Mako Gold’s (ASX:MKG) has intersected several new high-grade gold zones at the Napié project in Côte d’Ivoire, sending the stock up +6 per cent in early trade. Notable results include 1m at 47.3 grams per tonne (g/t) gold within a broader z...

Diamond drilling has intersected several high-grade zones and confirmed down-dip continuity of the gold mineralised zone.

Mako Gold is focused on drilling at its Napie project with the aim of outlining a gold resource by the fourth quarter 2020.

The new drilling program is following up broad high-grade results of up to 36 metres at 3.09 g/t from 43 metres.

Acquisition and elimination of the royalty over Mako will boost future cash flows to Resolute and is consistent with the company’s preference to operating gold mines which are free from non-government royalties.

The Resolute Mining Limited (ASX: RSG) share price is pushing higher in morning trade. At the time of writing the gold miner’s shares are up almost 1% to $1.20. Why is the Resolute share price pushing higher? As well as getting a boost fro...

Companies in the precious metals sector with projects to watch in 2020 are Mako Gold, Perseus Mining, Tietto Minerals, Hummingbird Resources and Caledonia Mining.

Mako Gold Limited (ASX:MKG) has secured a multi-purpose reverse circulation (RC) and diamond drill (DD) rig from Geodrill (TSX:GEO) and plans to resume drilling shortly at the company’s 224 square metre Napié Project in Côte d’Ivoire. Mak...

Mineralisation on the prospect is along a coincident +17-kilometre-long shear zone - thought to be a major control for gold mineralisation.

If there’s one commodity that has started the decade well, it’s oil. Brent oil has gained 5.2 per cent this week and crude oil has gained 4.2 per cent. In contrast, some of the top performing commodities of 2019 have been slower. Copper has...

The valuable funds will be used to continue drilling at the emerging Tchaga Prospect where recent results included 36 metres at 3.06 g/t gold.

Mako Gold Limited (ASX:MKG) has received firm commitments for a $680,000 placement of shares from sophisticated, professional and institutional investors to further support the company’s January step-out drilling at the Napie (Tchaga) proje...

The company recently completed a drilling program at the Napié Gold Project in Cote d’lvoire, West Africa.

As the market players are aware, the stock markets in Australia is generally influenced by the broader performance of Australian economy as well as by the health of global economy. A rise in the economic uncertainties might negatively impac...

Gold miner Resolute Mining Limited (ASX: RSG) saw its share price climb nearly 10% after announcing “excellent drilling results” in its new Mako Gold Mine in Senegal. It was the top performer in the ASX 200 (ASX: XJO).  Resolute Mining sai...

In afternoon trade on Thursday the S&P/ASX 200 index is back on form and is storming higher. At the time of writing the benchmark index is up 1% to 6,671.7 points. Four shares that are climbing more than most today are listed below. He...

Resolute Mining Limited (ASX: RSG) announces excellent drill results from the exploration program conducted at the recently acquired Mako Gold Mine in Senegal and Côte d’Ivoire. The most significant results have been generated by diamond d...

The Resolute Mining Limited (ASX: RSG) share price is the best performer on the S&P/ASX 200 index on Thursday. The gold miner’s shares are currently up over 8% to $1.24. This is comfortably ahead of the next best performers Perenti Glo...

On Thursday the S&P/ASX 200 index has returned to form and is pushing notably higher. At lunch the benchmark index is up 0.9% to 6,669.1 points. Here’s what has been happening on the market on Thursday: RBNZ update. The Australian bank...

Results show resource expansion potential at the Mako Gold Mine and nearby potential for a satellite pit.

Gold prices are recovering in the domestic market, with gold spot prices recovering from $2,113.03 (low on 12 November 2019) to the present high of $2,167.21 (as on 4 December 2019 02:48 PM AEST). The current recovery in gold and its high v...

The results will be used to estimate a maiden JORC resource for a small portion of the Tchaga Prospect.

Kalgoorlie is arguably Australia’s premier gold town and the region around it has delivered a rich endowment of the precious metal over the course of the country’s longest-running gold rush, which shows no sign of stopping anytime soon. Tor...

Mako Gold Limited (ASX:MKG) has received extremely promising assay results from its latest drilling program on the Tchaga Prospect at the company’s 224 square kilometre Napié Project in Côte d’Ivoire. The drilling program consisted of 2,0...

Mako Gold Ltd's Peter Ledwidge speaks to Proactive's Andrew Scott while at the Mines & Money event in London 2019

Mako owns 51% and is operator of the Napié Project alongside ASX major gold producer Perseus Mining.

Mako Gold Limited (ASX:MKG) has completed its latest reverse circulation (RC) drilling program at the Tchaga Prospect part of the company’s 224 square kilometre Napié Project in Côte d’Ivoire. As a backdrop, Mako is earning up to a 75% in...

The Niou Gold Project is in the centre of the country, well away from the area of the attack.

Perenti Global has confirmed that the number of fatalities and injuries caused by last week’s security incident in Burkina Faso, West Africa remain stable. There were 19 fatalities and 26 injuries, accounting for all members of Perenti’s wo...

Canadian intermediate gold producer Semafo has confirmed at least 37 of its workers have been killed and around 60 injured in a suspected jihadist attack along the road to its flagship Boungou mine site in eastern Burkina Faso. A number of...

Resolute Mining Limited (ASX: RSG) released its quarterly report for the period ended 30th September 2019 this morning. Here’s what you need to know. About Resolute Resolute has more than 30 years of experience as an explorer, developer and...

A commodity and a monetary asset, gold has always been treasured due to its beauty and permanence. According to estimates, Australia has the largest gold reserves and is the second largest gold producer in the globe. Let us discuss two stoc...

Mako Gold is earning up to a 75% interest in the Napié project under a farm-in and joint venture agreement with Occidental Gold SARL, a subsidiary of Perseus.

The purpose of the program is to follow-up previous high-grade intersections, infill drill on previous sections and increase confidence in the geological model.

Mako Gold Ltd (ASX:MKG) has made good use of its downtime, before recommencing drilling today recently negotiating a highly beneficial agreement with Geodrill which will maximise drilling metres and preserve cash during its post wet season...

With the wet season now behind it, African gold mining group Mako Gold Ltd (ASX:MKG) is poised to start its much anticipated exploration campaign, building on the high grade drilling results achieved over the last 12 months, and of course t...

Peter Ledwidge has this month purchased more than 246,000 shares with a value exceeding $20,360.

Gold spot resumes it upside rally and is trading in positive territory from past three consecutive sessions in the international market. The prices of the gold spot are again above the new base level of USD 1,500 per ounce, which could supp...

The Resolute Mining Limited (ASX: RSG) share price is on course to finish the week with a bang. In late morning trade the gold miner’s shares are up 10% to $1.32. Why is the Resolute share price charging higher? Investors have been buying...

Mako’s flagship project is the Napié Project is located in north-central Côte d’Ivoire where it is earning up to a 75% interest.

It was only yesterday that Finfeed highlighted the exploration upside that lay in Mako Gold Ltd’s (ASX:MKG) projects in Côte d’Ivoire and Burkina Faso. On Tuesday morning the company added a further feather to its cap, announcing that it h...

The agreement effectively allows Mako to drill at half of its normal drilling contractor cash costs.

For decades, everyone from global mining giants to market minnows have been striking it rich in African goldfields. The broader continent remains extremely unexplored, particularly in terms of using modern means and more sophisticated techn...

TO SUM it up simply, the grand plan for ASX gold exploration junior Mako Gold is to find a large gold deposit in West Africa, sell the discovery to a ...