The Conversation (0)
July 27, 2021
Highlights
- Final investment decision (FID) made to complete full development of Abra Mine, with first production scheduled for Q1 CY2023
- Cash balance as at Quarter-end A$96.2M following final A$40M investment tranche received from Abra Joint Venture partner, Toho Zinc of Japan, and first US$30M drawn under the Taurus Project Debt Facilities
- Early stage / enabling construction works continued during the Quarter with a further 2% of the Project being completed, taking cumulative Project completion to 17%
- Achievement of 2020 Abra drilling objectives announced together with updated Mineral Resource estimate
- Managing Director role transitioned to Mr Tony James, a Mining Engineer with considerable project development and operational experience in Western Australia
GALENA MINING LTD. ("Galena" or the "Company") (ASX: G1A) reports on its activities for the quarter ending 30 June 2021 (the "Quarter"), largely focused on advancing its 60%-owned Abra Base Metals Project ("Abra" or the "Project") located in the Gascoyne region of Western Australia.
Click here for the full press release
G1A:AU
12 September 2022
Galena Mining
Galena Mining CEO Tony James said, “People have been just sitting and watching how we would perform this year, a perceived difficult construction period. But we've done a great job."
Galena Mining CEO Tony James said, “People have been just sitting and watching how we would perform this year, a perceived difficult construction period. But we've done a great job." Keep Reading...
8h
Panelists: Silver in Bull Market, but Expect Price Volatility
Gold often dominates conversations at the annual Vancouver Resource Investment Conference (VRIC), but silver's price surge, which began in 2025 and continued into January, placed the metal firmly in the spotlight. At this year’s silver forecast panel, Commodity Culture host and producer Jesse... Keep Reading...
19h
Southern Silver Intersects 5.8 metres averaging 781g/t AgEq at Cerro Las Minitas Project in Durango, México
Southern Silver Exploration Corp. (TSXV: SSV,OTC:SSVFF) (the "Company" or "Southern Silver") reports additional assays from drilling which continues to outline extensions of mineralization on the recently acquired Puro Corazon claim and identified further thick intervals of high-grade and... Keep Reading...
06 February
After Major Gold Payout, Bian Ximing Turns Bearish Sights on Silver
A Chinese billionaire trader known for profiting from gold’s multi-year rally has turned sharply bearish on silver, building a short position now worth nearly US$300 million as the metal's price slides. Bian Ximing, who earned billions riding gold’s multi-year rally and later turned aggressively... Keep Reading...
03 February
Silver Supply Tight, Demand Rising — What's Next? First Majestic's Mani Alkhafaji
Mani Alkhafaji, president of First Majestic Silver (TSX:AG,NYSE:AG), discusses silver supply, demand and price dynamics, as well as how the company is positioning for 2026.He also shares his thoughts on when silver stocks may catch up to the silver price: "You've got to give it a couple of... Keep Reading...
03 February
Rio Silver’s Path to Near-Term Cashflow
Rio Silver (TSXV:RYO,OTCPL:RYOOF) President and CEO Chris Verrico outlines the company’s transition into a pure-play silver developer. With the silver price reaching historic highs, Rio Silver is capitalizing on its strategic position in Peru — the world’s second largest silver producer — to... Keep Reading...
Latest News
Interactive Chart
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00