Red 5 is an emerging gold producer with some challenges ahead, but at the same time has two gold mines in one of the world’s most attractive gold regions. King of the Hills (‘KOTH’) and Darlot. KOTH is an underground gold mine bought from Saracen Minerals in 2017. Early drilling results indicated that the site
Monthly Archives: July 2020
Ramelius Resources (RMS) July 2020 Review
“Mighty oaks from little acorns grow”: although these words were first spoken in 1374, they ring true today, especially in the case of WA gold producer, Ramelius Resources. Ramelius Resources, a $3M IPO in 2003, began drilling for gold in a 13500 oz ‘starter pit’ called Wattle Dam in 2006, located approximately 70km south of Kalogoorlie. Gold
What’s the problem at Newmont?
Newmont is the world’s largest gold miner with reserves estimated by the company at approximately 100 million ounces, with 25000 employees worldwide in 5 countries, including Australia. Next year will see it celebrate 100 years as a gold miner. It’s a financial behemoth with $3.7 billion in cash at March 31 of which $0.94 billion
