Articles On Mako Gold (ASX:MKG)

The company is confident of adding ounces of gold to its mineral resource estimates at Napié following pleasing assay results from recent drilling.

The company is confident of adding ounces of gold to its mineral resource estimates at Napié following pleasing assay results from recent drilling.

Extensional drilling at Mako Gold’s (ASX: MKG) Tchaga and Gogbala prospects within the flagship Napié project has continued to generate multiple high grade intercepts. The company has received assays from 32 reverse circulation and diamond...

Mako Gold (MKG) intercepts up to 28.9 grams per tonne (g/t) gold following a drilling program at its Napié Project in Côte d’Ivoire Assay results were received from 32 reverse circulation and diamond drill holes from a 10,000-metre drillin...

Global silver demand hit ~1.02 billion ounces in 2021, the first time it has breached 1 billion since 2015, according to the Silver Institute. Of that, industrial demand hit a new high of 524 million ounces. And of that, photovoltaic (solar...

Gold is holding steady above US$1,800/oz – currently trading at US$1816.60. Some players are confident the gold market will trend net positive next year as the market digests the reality of the past 24 months. But commodity analysts at J.P....

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...

Mako Gold (MKG) accelerates its drill programs at the Napié project in Côte d’Ivoire with another drill rig starting up While one drill rig is undertaking reverse circulation drilling on the Gogbala prospect, the additional rig is completi...

Mako Gold (ASX: MKG) has confirmed that two rigs are currently in operation at the Tchaga and Gogbala prospects within its flagship Napié project in Côte d’Ivoire. The first rig is conducting reverse circulation drilling at Gogbala while...

“We are very pleased to be accelerating the drill programs on the Tchaga and Gogbala prospects at the Napié Project as we move towards our maiden mineral resource estimate scheduled for the first half of calendar year 2022,” says MD.

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...

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...

Mako Gold (MKG) secures a second drill rig to accelerate exploration at its flagship Napié Project in Côte d’Ivoire Drilling is being carried out across the Tchaga and Gogbala prospects, both of which are located on a soil geochemical ano...

Australian explorer Mako Gold (ASX: MKG) has secured a second drill rig to accelerate exploration at its Tchaga and Gogbala prospects within the flagship Napié project in Côte d’Ivoire. The prospects are located on a 23 kilometre soil geo...

“The second rig will accelerate exploration as we move towards our maiden mineral resource estimate — scheduled for the first half of calendar year 2022,” says MD.

ASX recovered some lost ground in arvo trade but still finished 0.54% down, as markets continue to be shaken by the discovery of the omicron variant of COVID-19 and falling oil prices. Resources and tech managed to finish in the green – by...

In recent years attitudes towards African mining stocks have arguably changed as investors have become more risk averse and sensitive to both ESG and geopolitical risk. The words “Tier 1 jurisdiction” are becoming more prominent in the lexi...

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...

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...

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...

West Africa explorer Mako Gold (ASX: MKG) reports it has resumed drilling at its flagship Napie project as it works toward declaring a maiden resource. The ongoing 35,000m reverse circulation and diamond drilling at the Tchaga and Gogbala p...

Its current cash position of around A$12 million provides ample funding to complete the planned programs.

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...

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...

The recent positive drill results from Gogbala, one of several prospective zones on the 30-kilometre-long Napié Fault, advances Mako’s goal of delineating a multi-million-ounce resource on the Napié Permit.

Brisbane-based exploration company Mako Gold (ASX: MKG) has reported its widest intercept to date from a 10,000 metre drilling campaign at the Gogbala prospect within the flagship Napié project in north-central Côte d’Ivoire. Nine reverse...

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...

Mako Gold’s (ASX: MKG) Gogbala prospect within its flagship Napié project in Côte d’Ivoire is continuing to generate high-grade gold results, with managing director Peter Ledwidge saying they are the best to-date from the prospect. The comp...

"The wide and high-grade intercepts returned from Gogbala drilling are making Gogbala look more and more like 'Tchaga 2.0'. Both prospects have strong mineralisation outlined over a 2-kilometre strike length,” says MD.

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...

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...

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...

West Africa explorer Mako Gold (ASX: MKG) has reported that the Gogbala prospect at its 296 sq km flagship Napie project is shaping up as a lookalike for the already successful Tchaga prospect. Latest results from Cote d’Ivoire indicate tha...

“Although it is early days it appears that Gogbala is likely to have the same stacked lodes which are prominent at Tchaga,” says MD.

“Due to the recent outstanding results received on the Tchaga Prospect, the company will extend the expected date of its maiden mineral resource estimate as it continues to expand the footprint at the Tchaga Prospect,” managing director Pet...

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...

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...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

This high-grade result confirms continuity of mineralisation between oxide and fresh rock, following up on a previous intersection in fresh rock of 9 metres at 22.73 g/t gold from 32 metres.

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...