Articles On Calidus Resources (ASX:CAI)

Calidus Resources has begun commissioning its Warrawoona gold project in Western Australia, with first gold pour approaching in the coming three months. The project’s diesel backup power station has already been commissioned, while several...

Calidus Resources (CAI) set for the first gold pour at its Warrawoona gold project in Western Australia’s Pilbara region in 10 weeks The company says commissioning work is now under way Crushing and milling operations scheduled to start wi...

Shareholders approve PSC sale of Arcadia interest ESS finds “abundant” spodumene from near surface in WA Eastern Resources signs MOU to acquire and develop lepidolite projects All your ASX lithium news for Friday, February 25.   All eyes...

Biden backs Buffett’s efforts to extract lithium in the Salton Sea Pilbara Minerals boss man steps down after announcing first ever half-year profit. Critical Resources stakes 4,500 Ha in Canada’s Electric Avenue   All your ASX lithiu...

Australasia now holds 90% of Barrow Creek JV Morella gears up for phase 2 passive seismic survey at Fish Lake Project Kai to investigate LCT pegmatite potential at Lalla Rookh   All your ASX lithium news for Tuesday, February 22.   It...

Calidus Resources has spun out a new company, Pirra Lithium, together with Haoma Mining with the aim of focusing exploration primarily on the most prospective lithium ground in the Calidus and Haoma portfolios.

RMX picks up lithium licence just down the road from Greenbushes Pirra Lithium is up and running and already exploring MinRex adds the Garden Creek project to its lithium portfolio in WA All your ASX lithium news for Monday, February 21....

Investors generally buy gold as a way of diversifying risk when s..t hits the proverbial fan. That’s why the precious metal appears to perform well in times of war or political instability. Conversely, stocks and bonds perform best in a sta...

Keep up with the latest and largest contracts from across the mining sector, including at Stanmore Resources, BHP, South32 and more.   Stanmore Resources welcomed a new statutory coal mining operator in EPSA Pacific to the Isaac Plains Com...

Garimpeiro would be wasting everyone’s time if he tried to predict the next move in the US gold price. It what it is, and it will be what it will be, as the tug of war between taming inflation and supporting economic growth plays out. But w...

Alas. After teasing gold bugs with a push through $1,840/oz over the past week, we are now back below ~$US1,800/oz. Gold stocks can’t seem to catch a break. What gives? I don’t get it. PM miners didn’t even get the windfall of the market w...

Gold developer Calidus Resources is delivering on carbon reduction plans after executing an agreement with Zenith Pacific to install a solar farm and battery system to help power up its Warrawoona gold project.

Vulcan’s (ASX:VUL) subsidiary, Vulcan Energy Italy, has been granted a new research permit in Italy named ‘Cesano’, 20km north-northwest of Rome, which holds the potential for sustainable lithium battery chemical development given the recor...

Calidus Resources has executed an agreement with Zenith Pacific for the construction of a four-megawatt (MW) solar farm with a 3.5MW battery energy storage system at its Warrawoona Gold Project in the East Pilbara district of Western Austra...

Calidus Resources has joined forces with Haoma Mining forming a new JV company, Pirra Lithium as it seeks to unlock the lithium potential of more than 1,000 square kilometres of prime Pilbara real estate.

US on holidays, Europe climbs Wall Street was closed overnight for the Martin Luther King Jr holiday, and will resume trading tomorrow. European markets climbed, with the Stoxx 50, FTSE, and CAC indexes all climbing by 0.5%-1%. China’s cent...

Calidus Resources (CAI) joins forces with Haoma Mining NL to create a new Pilbara lithium exploration company The new venture, Pirra Lithium, is equally owned by the two companies, with Calidus set to contribute the first $1 million of fun...

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...

Federal Government forecasters say there are $185 billion worth of major Australian projects in hydrogen, carbon capture and storage and ammonia in the pipeline. On numbers contained in the 2021 Resources and Energy Major Projects Report by...

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...

Production at Calidus Resources’ proposed 105,000 ounce per annum Warrawoona gold mine in WA remains on schedule for the first half of 2022 with construction of the processing plant now 85 per cent complete.

WA’s tight market, supply chain issues and border restrictions have given miners plenty of reasons to push back project time frames. Good news then, with two new mines in the Pilbara and Goldfields remaining on track to join Australia’s gol...

The Warrawoona gold project is 78 per cent complete, which owner Calidus Resources (CAI) says could be Australia’s next gold producer The project reportedly remains on schedule and within budget, with first gold production set for the June...

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...

Gold developer, Calidus Resources is set to unleash the rig for a regional gold search aiming to grow its existing 1.7 million ounce resource base in the Pilbara region of WA.

Calidus Resources (CAI) commences drill testing priority greenfields gold targets at its Warrawoona and Blue Spec deposits The drilling will reportedly determine the potential of shallow gold mineralisation A definitive feasibility study (...

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...

Highlights 8 AU is a diversified mineral explorer with a strong project portfolio in Western Australia. The Company is set to get listed on the Australian Securities Exchange in December 2021. The IPO opened for subscription on 25 Oct...

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...

Calidus Resources maiden drilling program at its Blue Spec satellite underground gold resource in WA’s prolific Pilbara region has hit paydirt returning results of up to 101 grams per tonne gold.

Calidus Resources (CAI) receives ‘exceptionally high-grade’ results from a drilling program at the Blue Spec project in WA’s Pilbara Assay results include up to 101g/t gold from 196 metres which the company says confirms the high-grade nat...

Wall Street at fresh highs as US jobs rise US stocks closed the week at record highs on Friday, as the US economy added 531,000 jobs in October, compared to 312,000 in September. The S&P 500 and Nasdaq set their sixth consecutive day of...

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...

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...

Despite a rally the last few days, the S&P/ASX 200 Index (ASX: XJO) has lost 3.6% since mid-August. In such turbulent times, an old investing axiom says gold can be a safe haven. Whether that’s wise or not is up for debate, as some exp...

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...

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...

Assays from a Phase two drilling program at Kalamazoo Resources’ (ASX: KZR) Ashburton gold project in Western Australia’s Pilbara region has extended a new area of moderate to high-grade mineralisation known as the Waugh Zone. The zone was...

Garimpeiro mentioned back on July 25 that he had grown a bit bored with the local gold exploration scene and that he was off to the wilds of West Africa in search of action. He came up with a couple of West African gold specialists to keep...

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...

Turning lead into gold is the oldest trick in the big book of dodgy science (alchemy), but in outback Western Australia there really is a company developing a lead and silver mine with early hints of gold and copper to follow. Galena Mining...

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...

Calidus Resources has hired Macmahon to undertake open cut mining at the Warrawoona gold project in Western Australia in preparation for first production next year.  The contract will allow Macmahon to complete open cut mining activities un...

ASX-listed Calidus Resources has taken two crucial steps in its journey towards becoming Australian’s next gold producer completing installation of the mill at its Warrawoona project in WAs Pilbara region and signing a mining services agree...

Highlights CIMIC Group shares dropped even after one of its companies secured a contract extension. Mineral sands player Heavy Minerals made a weak debut on the ASX today. Hotel Property Investments and Vulcan Energy shares are under...