Articles On Mako Gold (ASX:MKG)

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...

The company believes that Gogbala has the potential to host similar stacked gold lodes as those identified on the Tchaga Prospect.

The completion of the sale agreement with Nordgold bolsters Mako's balance sheet and will help the company carry out an aggressive exploration program.

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...

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...

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.