Rainfall affects Regis Resources, Capricorn Metals, and Gold Road

Regis Resources (ASX:RRL), along with Capricorn Metals and Gold Road, has revealed setbacks to planned production due to last week’s record rainfall in parts of the WA Goldfields. Capricorn Metals (ASX:CMM) reported that its Karlawinda gold project in the Pilbara experienced a second rain event in three months, forcing the mine to process lower-grade stockpiled ore. Similarly, Gold Road (ASX:GOR) disclosed that its 50% owned Gruyere mine faced curtailed work in the open pit for a week or more, affecting production for the March quarter but maintaining guidance for the June 30 year, albeit at the lower end of the forecast range.

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2024 RIU Explorers Conference Q&A with Andrew Penkethman of Ardea Resources

Andrew Penkethman – Managing Director and CEO – Ardea Resources (ASX:ARL) is advancing its flagship 100%-owned Kalgoorlie Nickel Project (KNP). KNP is the largest Nickel–Cobalt resource in Australia and in the top 10 globally, making it of a scale that is incredibly rare and important in the World’s journey to Net Zero. KNP was awarded Major Project Status by the Australian Federal Government, recognising the national and strategic significance of the KNP to the Australian economy and the Eastern Goldfields of Western Australia.

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