Articles On Mako Gold (ASX:MKG)

Proceeds of the company's recent placement will strengthen Mako’s balance sheet and provide a pathway to accelerate exploration at Tchaga Prospect of the Napié Gold Project.

Proceeds of the placement will strengthen Mako’s balance sheet and provide a pathway to accelerate exploration at the Tchaga Prospect on the Napié Gold Project.

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...

“Attracting such high-quality institutional investors speaks to the potential of the project and experience of our team,” says MD Peter Ledwidge.

After yesterday’s drop, risk-on sentiment returned to Australia’s bourse today. The ASX 200 rose 0.9% to 7,327 points while the ASX Emerging Companies Index rose 0.3% to 2,167 points. Energy surprisingly dropped 1.91% after gaining substant...

It was a rollercoaster ride on the ASX today with the Australian bourse rising up to 0.4% in the first hour before declining over the rest of the day. By 4.10pm the ASX 200 had dropped by 0.73% to close at 7,262 points while the ASX Emergin...

The company is focused on advancing its flagship Napié Project in Côte d’Ivoire within the West African Birimian greenstone belts which host more than 70 +1-million-ounce gold deposits.

Gold had its worst month since November 2016 in June, down 7% to $US1,779/oz. Mining and exploration stocks have followed suit. This bearish trend creates a buying opportunity, experts say. Boutique investment advisory firm head Frank Holme...

In the last 24 hours, Australia has gone from two to four states or territories at least partially in lockdown and it impacted on the ASX again. The ASX 200 closed lower again though it was down by just 0.08% after recovering from the intra...

29 June 2021 - Mako Gold (ASX:MKG) has entered into a binding agreement with Perseus Mining (ASX:PRU) to acquire 39% interest in Napié Gold Project.

The company has entered an agreement to lift its interest in the Napié Gold Project to 90% with Perseus Mining, a producer and developer, taking a 5.1% equity holding.

Australian shares appeared to shrug off the latest COVID-19 lockdowns for much of the day, but ultimately closed lower on the day. The ASX200 finished 0.01 per cent down at 7,307, while the ASX Emerging Companies Index fell 1.22 per cent, c...

Securities will remain halted until Wednesday, June 30, or when an announcement is released to the market.

The market giveth and the market taketh. Truer words have never been spoken with gold prices diving nearly US$100 in less than a day after the US Federal Reserve signalled higher inflation and that interest rates could rise twice by 2023. G...

Gold is re-starting its bull rally as two major obstacles — higher US Treasury yields and Bitcoin — fizzle. “Strong headwinds from parabolic Bitcoin and rising bond yields appear to have run their course,” Bloomberg Intelligence senior comm...

Gold’s rally ran out of puff this week, with the precious metal dropping about 2% below ~$1US1,870/oz at Thursday close. Kitco’s Jim Wyckoff calls it “routine profit taking”. “Importantly, the price uptrend in gold on the daily chart remain...

The company aims to deliver a maiden mineral resource estimate later this year as drilling results continue to validate its methodical approach.

Over the past two months the gold price has turned a corner, up ~12.7% to a high of $US1898/oz. That’s a four month high, erasing almost all of 2021’s losses. The share prices of local gold stocks have responded in kind. Over the past month...

The latest results from ongoing drilling at Tchaga are from outside the main 1-kilometre-long area of recent focus for the upcoming maiden resource where four stacked mineralised lodes have been identified to date.

Are large Bitcoin investors moving back into precious metals? In a note to clients, JPMorgan said large institutional investors are dumping bitcoin in favour of gold, reversing a trend that’s played out over the last two quarters. “The bitc...

Final Gogbala results complete the preliminary drilling phase and pave the way for step-out drilling on two 1 kilometre-long high-priority targets.

The recovery in the gold price from its early March lows — ~$1,670s to over $1,825 currently — was mostly driven by the decline in real interest rates and, more recently a poor US jobs report and increasing inflation. US core inflation in A...

The Korhogo Gold Project is within 30 kilometres of Barrick Gold's operating Tongon Gold Mine (4.9 million ounces) in a highly prospective greenstone belt that also hosts Montage Gold’s 3.2-million-ounce Kone gold deposit.

“When you stop growing you start dying,” is a saying the ASX’s largest gold miners have apparently taken to heart. While hopefully remaining cognisant of the expensive, value-destroying deals which occurred when gold last peaked in the 2010...

The market traded in the positive zone today. By the closing bell, the benchmark index ASX 200 had added 17 points to settle at 7081.70, 0.24% higher over the previous day’s close. However, the market did attempt to move higher and hit 7097...

Assays are expected shortly for more than 75 drill holes of infill and extensional RC drilling at Tchaga and RC drilling at Gogbala as the assay lab works through a backlog of submitted samples.

A maiden drilling program will begin following the processing and interpretation of the soil sampling and airborne geophysical surveys.

The gold price traditionally thrives on geopolitical drama. Heightened tensions in eastern Ukraine, the recent incident at an Iranian nuclear site, and news of an unofficial US delegation visiting Taiwan are recent reminders that 2021 will...

Gold continues to trend upwards on the back of US dollar’s ongoing weakness and concerns about inflation, so it’s unsurprising that the majority of gold plays on our watchlist have marked gains this week. The previous metal is currently tra...

The gold price may have languished slightly in 2021, but the number of gold IPOs certainly has not. Here’s what the newest ASX gold explorers are doing, where they are doing it, and why investors should care.   KINCORA COPPER (ASX:KCC) The...

Strange to think that it is a year since the world was turned upside down when the World Health Organisation declared COVID-19 a worldwide pandemic in mid-March 2020. In the week that followed the price of gold tumbled nearly $US200 to $US1...

A recent round of support for gold has seen the price consolidate above $US1,700 an ounce. However, with policy support from central banks, US stimulus and employment growth — underpinned by big infrastructure projects — you’d “expect gold...

The company is focused on exploring the Birimian greenstone belts in Côte d’Ivoire, which hosts its flagship Napié Project and represents an emerging district for world-class discoveries.

ASX-listed West Africa gold explorer, Mako Gold has hit the ground running at its recently granted wholly owned Korhogo gold project in Côte d’Ivoire, kicking off a soil geochemical survey across the project’s two permit areas called Ouango...

The company’s core focus remains on its flagship Napié Project where two drill rigs are operating on double shifts.

The share price of West Africa-focused gold explorer Mako Gold Ltd [ASX:MKG] has received a boost today upon securing permitting for its Ouangolodougou prospect in the Ivory Coast. At time of writing the MKG share price is up 4.35% to trade...

Mako Gold has expanded its footprint in the fertile auriferous terrane in Côte d’lvoire receiving approval from the country’s Ministry of Mines for the Ouangolodougou permit area. The newly granted permit and the company’s existing Korhogo...

Ouangolodougou, along with the Korhogo Nord permit now constitute the Korhogo Project, which collectively cover 296 square kilometres over 17 kilometres of faulted greenstone granite contact. 

The company has started the drilling program at the prospect after encouraging results from a recently completed IP geophysical survey.

The company has started the drilling program at the prospect after encouraging results from a recently completed IP geophysical survey.

The share price of one of Australia’s largest gold miners Resolute Mining Ltd [ASX:RSG] has tanked on the back of its production updated and 2021 guidance. Currently, RSG shares are trading down 8.89% or 6.8 cents to 69.5 cents per share....

Summary Resolute Mining produced 395,136oz of gold during CY20 at AISC of US$1,074/oz. The 12-month production fell short of guidance due to equipment and facility handling issues at Syama Gold Mine, Mali. The Company is planning to s...