Articles On Pantoro (ASX:PNR)

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...

Most of the big names in Australian gold mining have had a rough ride recently as the gold price has struggled to reclaim last year’s all-time high, but it’s a different story at the small end of the game where exploration success is the ke...

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...

Initial drilling has only tested 150 metres along strike to date and is the only drilling to effectively test any of the potential eight kilometres of this stratigraphy to the southern extent of the company’s tenure in the Scotia area.

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...

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 aim of the drilling program was to convert existing inferred mineralisation to ore reserve status.

Wall Street mixed after a volatile week Wall Street finished on a mixed note, ending a volatile week in the US stock markets. On Friday, the Dow Jones was 0.36% higher, S&P fell 0.08%, while tech-heavy NASDAQ was down by 0.48%. Minutes...

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...

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...

PANTORO says drilling results from the Scotia area near Norseman “confirm the long term underground mining proposition” following planned open ...

The drilling program has focused on infilling and expanding the existing mineral resource, for conversion to ore reserve status.

Summary The Australian shares traded higher in the early session on Tuesday ahead of the Reserve Bank of Australia (RBA) meet, supported by miners. The ASX 200 gained 12.70 points or 0.18% to 7,041.50 in the opening trade. T...

“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 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...

GR Engineering has been awarded a contract to build a processing plant at the Norseman gold project in the Eastern Goldfields of Western Australia. Pantoro awarded the contract to GR Engineering, with the former owning a 50 per cent share i...

Source: Roman Bodnarchuk, Shutterstock Summary GR Engineering has reached a contract with Pantoro for a gold processing unit on the Norseman Gold Project. Norseman Project is jointly operated by Pantoro Limited (50%) and Tulla Resourc...

13 Apr 2021 - GR Engineering Services (ASX:GNG) has officially inked a $59.5 million deal with gold producer Pantoro (ASX:PNR).

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...

PANTORO has reported further encouragement from its Green Lantern discovery in the Scotia area near Norseman in Western Australia, with drilling ...

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...

Higher than expected production along with firm international gold prices helped the company record a free cash flow of $7.6 million last quarter from the Halls Creek Operations.

Summary It is evident that capital expenditure cycle is kicking off as EPC companies continue to secure contracts for construction. Earlier this month, GR Engineering Services also upgraded full-year revenue guidance and noted better m...

GR Engineering Services is set to deliver $57 million worth of engineering, procurement and construction (EPC) works for Pantoro at the Norseman gold project in Western Australia. This includes the purchase of long lead items such as a 3.3...

The contract, worth about $57 million, includes the crushing circuit associated with the plant and will be awarded as a guaranteed maximum price contract.

The company has continued to advance its growth strategy within its consolidated Halls Creek regional tenure, which now covers over 1,000 square kilometres and encompasses three of the five significant historical mining centres in the regio...

The company's portfolio includes its 100%-owned Halls Creek Gold Project in the Kimberley Region of Western Australia and its 50%-owned Norseman Gold Project acquired in July 2019.

The company's portfolio includes its 100%-owned Halls Creek Gold Project in the Kimberley Region of Western Australia and its 50%-owned Norseman Gold Project acquired in July 2019.

A GOOD production quarter by Pantoro at Halls Creek has maintained the miner's strong balance sheet as it works on moving towards development of ...

For goldies, 2020 was a year when good news was rewarded, and great news celebrated. The precious metal has gained about 22 per cent year-to-date despite treading water since mid-August. And there’s a strong chance 2021 will start off with...

M&A activity in the gold space delivered some big pay days for investors in 2020. And 2021 could do the same. But investing in a stock in anticipation of a 30%-plus premium bid emerging can be like shooting for fish in a barrel. Lucky t...

Macmahon subsidiary GBF has secured a $20 million contract extension with Pantoro for the Wagtail and Nicolsons underground gold operations in Western Australia. This is a two-year extension that will extend GBF’s tenure at the project to 2...

The company has released a robust feasibility study on restarting the Norseman gold project, which demonstrated a low capital requirement and huge ...

The zinc producer said it had decided not to take up any of the oversubscriptions. The take-up rate of entitlements was about 85%. Pantoro bullish on ...

PANTORO'S arrival at Norseman, one of the great Australian high-grade goldfields, could reap big rewards for many, many years to come.

The new results have provided sufficient additional data for Pantoro to undertake a more substantial program to further refine understanding of deposit geometry, structural and lithological controls during 2021.

The Green Lantern discovery lies around 270 metres to the southeast of the existing Scotia Pit and is open at depth and along strike to the north.

The stars aligned for Day 2 of Diggers and Dealers in Kalgoorlie with a robust uptick in futures markets indicating that the market was poised for a strong day and some upbeat activity was occurring in the commodities space. Gold was sittin...

PANTORO has outlined the substantial immediate gold production upside it sees at its planned Norseman development in Western Australia.

The project will have an average annual production of 108,000 ounces, peaking at 119,000 ounces in year two of production, with LOM average AISC of $1,292 per ounce.

PANTORO has outlined an attractive looking gold development at Norseman in Western Australia given initial capital costs of A$89 million for a project ...

In today's Mining Briefs: Updates from Pantoro, White Cliff, Peel, MACA, Ardea, and Twenty Seven Co. Mining Briefs: Pantoro, White Cliff and more.

The COVID-19 pandemic did not have any material impact on Halls Creek Project or Norseman Gold Project and the results, particularly in the second half of the year, have been pleasing.

Over five years of operation, ore reserves at Halls Creek inclusive of mine depletion have grown by over 400%, and this latest update sets the scene for continued growth into the future.

Historically, the Norseman Gold Project areas have produced over 5.5 million ounces of gold since operations began in 1935, and is one of, if not the highest grade fields within the Yilgarn Craton.

Earlier in August, Pantoro received firm commitments from sophisticated and professional investors for a share placement to raise about $50 million.