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AI and Mining industry as one
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Could Africa be home to one of the most compelling emerging mineral discoveries investors should be watching?
Located alongside multi-million-ounce gold deposits in Ethiopia and advancing a growing critical minerals footprint in Namibia, Askari Metals (ASX: AS2) is building momentum across two highly prospective mining jurisdictions.
📊 Share Price: $0.007 📊 Market Cap: $6.30M
🎙️ In this exclusive Colitco interview, Executive Director Gino D'Anna takes a deep dive into:
⛏️ The Nejo Gold-Copper Project and upcoming drilling campaign 📍 Drill-ready targets across a 9km mineralised corridor 🔋 Exposure to lithium, rubidium, caesium and tantalum at Uis, Namibia 💰 The company's debt-free position and funding strategy 📈 Key catalysts that could shape the next phase of growth
Could Askari Metals be at the beginning of a transformative exploration journey?
Watch the full interview now.
🎥 Auric Mining (ASX: AWJ): Building Western Australia's Next Integrated Gold Producer ⛏️🏆
From a $6M IPO to $46M cash, Auric has rapidly evolved into a profitable gold company with growing resources, production success and processing infrastructure.
🔎 Key Highlights
Munda Resource grows to 192,000oz gold (+32%)
Starter Pit produced 8,886oz, outperforming budget by 46%
Incoming CEO Gareth Solly brings a proven WA gold track record
Burbanks Processing Plant acquired to support mine-to-mill strategy
FY2025 Revenue: $8.45M (+76%)
Net Profit Before Tax: $4.10M (+212%)
$46M cash and zero corporate debt
🚀 Why Investors Are Watching
Five years ago: $6M IPO, no production, no mill. Today: $46M cash, 192,000oz resource, processing plant secured. Tomorrow: A potential integrated gold producer in the heart of Kalgoorlie.
▶️ Watch the video to see how Auric is positioning for its next phase of growth.
⚠️ Disclaimer: This is not an investment advise, please do your own research for any investment decisions.
Munda Starter Pit Soared 46% Above Budget and Exceeded Expectations
Exceeding budget by such a significant margin not only improves immediate profitability but also enhances confidence in the broader Munda development strategy, particularly as Auric transitions toward the larger Munda Main Pit.
For shareholders and investors, this kind of overperformance signals strong management execution and creates optimism around future production guidance and reserve expansion.
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Auric Mining Limited (ASX: AWJ): Advancing Australia’s Next Integrated Gold Producer
Auric Mining is executing a clear strategy to become a fully integrated gold producer in the prolific Kalgoorlie region, combining production assets, infrastructure ownership and resource expansion to drive long-term growth.
With key assets including the Munda Gold Mine, Jeffreys Find, Spargoville, Chalice West and the Burbanks Gold Processing Facility, the Company is positioning itself to control the value chain from exploration to production, strengthening margins and scalability.
🔎 Key Highlights
Strong foothold in Western Australia’s premier gold district, Kalgoorlie
Munda Gold Mine hosts 145,000 oz Mineral Resource with expansion potential
Jeffreys Find delivered over A$112M in gold sales, supporting growth strategy
Strategic acquisition of Burbanks processing facility to optimise future production economics
Extensive portfolio covering 73 tenements across 521 km²
Targeting resource growth to 500,000 oz by 2028
📊 Market Snapshot
Share Price: $0.330 Market Cap: $63.61M
📈 Investor Outlook
Auric’s integrated strategy, existing gold production track record, and expanding resource base position the Company as a compelling emerging gold story in Western Australia.
🔗 Read more: https://www.marketindex.com.au/asx/awj/announcements/singapore-roadshow-presentation-6A1320101
⚠️ Disclaimer: This is not investment advise, please do your own research for any investment decisions.
Auric Mining Limited (ASX: AWJ): Key Hire Accelerates Burbanks Mill Path to Production 🇦🇺🚀
Auric Mining has strengthened its push toward becoming a fully integrated gold producer with the appointment of experienced processing specialist Scott Bailey to lead development of the Burbanks Processing Facility in Coolgardie.
With a strong track record delivering gold processing plants on time and under budget, Scott’s appointment marks an important step in advancing Auric’s strategy to control infrastructure and unlock long-term production value.
🔎 Why This Appointment Matters
Scott Bailey appointed Processing Lead for Burbanks Mill construction
Extensive WA gold sector experience across KCGM, Westgold and Black Cat Syndicate
Played key role in restart of Lakewood Processing Plant and Paulsen’s Gold Mine
Proven ability to deliver projects ahead of schedule and within budget
Burbanks Mill central to Auric’s transition to an integrated gold producer
Greater control over processing = stronger margins and cash flow potential
🗣️ Management Insight
Chairman Steve Morris said Scott’s experience makes him the ideal person to help deliver the Burbanks facility efficiently and support Auric’s growth ambitions.
Managing Director Mark English emphasised the strategic importance of owning infrastructure, noting the appointment strengthens Auric’s ability to control production timelines and long-term value creation.
📍 Strategic Significance
Owning and operating the Burbanks Processing Facility positions Auric to reduce reliance on toll milling and capture greater value across the production cycle.
📊 Market Snapshot
Share Price: $0.345 Market Cap: $63.61M
📈 Investor Outlook
With a key technical appointment secured and development plans advancing, Auric is building the foundations for sustainable gold production and stronger operational control in Western Australia.
🔗 Read more: https://colitco.com/auric-mining-scott-bailey-burbanks-mill-colitco/
⚠️ Disclaimer: This is not investment advise, please do your own research for any investment decisions.