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Lucara revised 2025 revenue guidance

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Excludes the sale of the 2,488 carat Motswedi   Recently the Lucara presented their result for the 1Q. 2025 and shared their Outlook & said, diamond revenue, diamond sales and diamonds recovered guidance has been revised from the 2025 guidance. During Q1 2025, the Company mined and will continue to mine for the remainder of the year a higher proportion of M/PK(S) ore and less higher-grade EM/PK(S) ore than initially planned due to a shift in the contact between the two kimberlites at current mining levels.   This results in lower EM/PK(S) milled tonnes which have historically produced higher volumes of larger, higher quality diamonds and decreases expected revenue for the remaining eight months of the open pit. The revised 2025 revenue guidance excludes the sale of the 2,488 carat Motswedi. In 2025, the Company expects to mine between 1.8 and 2.2 million ore tonnes including waste. Mined ore will be processed in combination with stockpiled material in 2025. The ass...

Séguéla gold resources hiked from 529K to 1044K Oz

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Roxgold Increases Indicated Mineral Resources by 97% Roxgold Inc reported an updated Mineral Resource Estimate for the Séguéla Gold Project located in Côte d’Ivoire. The updated Séguéla NI 43-101 Mineral Resource estimate includes an additional 56,600 m of Reverse Circulation (RC) and diamond core (DD) drilling since the completion of the Séguéla PEA in April 2020.   The drill program prioritized infill drilling of Antenna, Ancien, Boulder and Agouti to increase resource confidence, while rapidly advancing the high grade Koula discovery to its maiden Inferred Resource.  Total Indicated Mineral Resources increased 97% to 1,044,000 ounces of gold grading 2.5 grams per tonne since the Preliminary Economic Assessment was released in April 2020.  Total Indicated Mineral Resources increased 97% to 1,044,000 ounces of gold grading 2.5 grams per tonne since the Preliminary Economic Assessment was released in April 2020.  Total Inferred Mineral Resources are estimated at ...