Articles On Calidus Resources (ASX:CAI)

Highlights The ASX 200 was down 12% by 7,416, paring early losses. Six of the 11 indices were trading in the red, while energy gained the most. Energy companies Beach Energy, Woodside, AGL, Santos and Oil Search topped the gainers’ ch...

Highlights The benchmark index, the ASX 200 was trading 7.3 points lower at 7,417.9 during the opening session. The market breadth is showing negative sentiments taking over in today’s session, with seven out of the 11 sectors trading...

Macmahon has finalised a $210 million contract for mining services at Calidus Resources’ Warrawoona gold project in the Pilbara as on-site construction heads towards completion.

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...

ASX-listed budding gold producer Calidus Resources has been buoyed by visible gold seen in drill core from a quartet of recent diamond holes aimed at verifying its high-grade Blue Spec satellite underground gold resource in WA’s prolific Pi...

Wall Street drifts lower on economic concerns All three major US stock market indexes slipped for the second consecutive day overnight, as investors weigh recent economics data and risk factors. The Dow Jones fell by 0.20%, the S&P 500...

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...

Rising investment in exploration and buoyant commodities markets provided a boost for mining services stocks in the latter part of the 2021 financial year. Some of the biggest contractors on the ASX reported their 2020-21 earnings today, wh...

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...

Aspiring Pilbara gold miner Calidus Resources says its $120 million Warrawoona project near Marble Bar is now 50 per cent complete with first production set for the June quarter of next year.

ASX-listed Calidus Resources is on track to become Australia’s next gold producer. Construction at the company’s Warrawoona gold operation in WA’s Pilbara region is more than 50 per cent complete and is set to deliver the first gold pour in...

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...

Gold’s 10% fall over the past three months has rubbed some of the gloss off the metal, but not the investment case of an emerging producer as this tale of two miners demonstrates. In Capricorn Metals (ASX: CMM) versus Calidus Resources (ASX...

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...

Fortescue Metals Group (ASX:FMG) CEO Elizabeth Gaines predicts steel production in China will not drop below 2020 levels despite talk of production cuts in the steelmaking powerhouse. She told delegates at the Diggers and Dealers Mining For...

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...

An additional news report on the recommendation, valuation, forecast and opinion changes for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now added The Au...

Construction at Calidus Resources’ Warrawoona gold operation in Western Australia’s Pilbara region is well on track with “rapid progress” made in recent weeks ensuring the company is on schedule to become Australia’s next gold producer.

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...

ShareCafeMidas Lays Hands on Pilbara Region June’s upgrade at DeGrey’s Mining’s Mallina find and Rio Tinto’s huge Winu low grade discovery have confirmed that the ‘hot’ new gold hunting areas in Australia are the wide-open spaces of the Pil...

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...

Calidus Resources has begun a definitive feasibility study at its Blue Spec gold deposit in Western Australia to increase overall production at the Warrawoona project to 139,000 ounces per year. The project was initially expected to produce...

Calidus Resources has kicked off a round of confirmatory diamond drilling at its high-grade Blue Spec satellite underground gold deposit, which has the potential to increase annual production and free cash flows from its under-construction...

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...

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...

Calidus Resources says plant construction at its Warrawoona mining and processing operation about 25km south-east of Marble Bar in the East Pilbara region is well advanced as it draws down the first tranche of funds from a Macquarie Bank $1...

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...

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...

Barton Gold is offering investors an opportunity to gain exposure to two large-scale South Australian exploration projects with established gold targets including extensions of the historic Perseverance mine. These are the Tarcoola project...

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...

Calidus Resources is on track to begin mining at the Warrawoona gold project in the Pilbara region of Western Australia in the middle of the year. The company predicted that 23 per cent of its engineering, procurement and construction (EPC)...

Development of Calidus Resources’ Warrawoona gold operation in WA has been progressing at “a rapid rate” as it looks to kick off preliminary mining in the middle of this year with an eye on pouring first gold in the first half of next year.

Summary After finishing last week on a weak note, ASX 200 on Monday opened lower, tracking sluggish global cues. The Australian benchmark equity index ASX 200 today dipped 2.80 points to 7,023 at opening. However, the broader index so...

The capital raisings boom on the ASX is continuing in 2021 with nearly $10 billion raised in the first four months of the year. Across 325 deals, ASX companies have raised $9.878 billion in capital amidst IPOs, placements and rights issues....

“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...

Calidus Resources has given its production expectations a boost at the Warrawoona gold project in Western Australia, with the acquisition of the Blue Spec gold project contributing to strong quarter. A 23 per cent production increase on the...

A series of ‘Hemi-style’ intrusive gold targets identified in the Pilbara recently will soon be tested, with explorer New Age Exploration sending an aircore rig to site. The targets were identified via detailed aeromagnetic data spanning t...

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...

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...

Calidus Resources has executed its final project loan facility agreements for $110 million, enabling the company to fund civil works at the Warrawoona gold project in Western Australia. Since finalising loan terms with Macquarie Bank last N...

Source: RobSt, Shutterstock Summary Calidus Resources (ASX:CAI) has executed final debt financing agreements with Macquarie Bank. The company has also finalised a power purchase agreement (PPA) with Zenith Energy. CAI is focused on d...

ASX-listed gold producer in waiting, Calidus Resources says it has inked final agreements with Macquarie Bank for debt financing facilities totalling $110 million in relation to its developing Warrawoona gold mine about 25km south-east of M...

The Calidus Resources Ltd (ASX: CAI) share price is flat in morning trade. At the time of writing, shares in Calidus Resources are trading for 42 cents, up 5%. Below, we take a look at the ASX gold share’s latest project finance announceme...

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...

An additional news report on the recommendation, valuation, forecast and opinion changes for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now added The Au...

Calidus Resources has completed all early works at the Warrawoona gold project in Western Australia, as the company enlists GR Engineering to construct the site’s process plant. GR Engineering will design and construct Warrawoona’s process...