Money of Mine Decoding Kazatomprom’s results & the uranium reaction
Plenty to riff on today, starting with the Kazatomprom’s full year numbers then moving to Capricorn’s decision to close out its hedgebook.
That led us to a broader chat on gold industry hedges as well as a focus on Bellevue and their ramp up pressure.
We rounded off with a chat MinRes’ woes, Catalyst selling Henty & potential M&A.
Sign-up for the Director’s Special
Please read our Privacy Policy and Disclaimer here
Discounted tickets available for AUSIMM Underground Operators conference exclusively via Money of Mine. Get $100 off using the code MOM100.
Adelaide, 7 - 9 April 2025 (Matty will be there in full conference mode)
Discounted tickets available for Global Resources Innovation Expo (GRX) exclusively via Money of Mine.
Austmine and AusIMM Members enter code MOM at checkout for $190 off your registration.
Non-members enter code MOMNM at checkout for $160 off your registration.
Brisbane, 20 - 22 May, 2025
Tickets to Resource Rising Stars Gather Round
Adelaide Convention Centre, 9-11 April, 2025
Thank you to our Partners:
Mineral Mining Services – Your preferred mining contractor
https://www.mineralminingservices.com.au/join-us/ - 1300 546 117
Grounded - Infrastructure for remote mining and civil projects Australia wide
Paul Natoli - pn@groundedgroup.com.au
Sandvik Ground Support – The only ground support you’ll ever need
http://www.rocktechnology.sandvik/groundsupport
CRE Insurance – Insurance Brokers for the Construction, Resources and Energy sectors
davidh@creinsurance.com.au - +61 2 9493 6100
K-Drill – Safe, reliable, and productive surface RC drilling
drew@k-drill.com.au - +61 416 015 876
WA Water Bores – WA’s premier water well drilling company
James@wawaterbores.com.au - +61 429 695 538
Swick - Seventeen million metres drilled. Twenty-plus global sites. Ninety rigs.
rob.burnett@swickmining.com - +61 8 6253 2310
Quattro Project Engineering - Global Engineering partnerships delivered with efficiency, innovation and energy
info@quattrope.com - +61 8 9373 1140
Cross Boundary Energy – Independent Power Producer for the global mining industry
tim.taylor@crossboundary.com - +61 466 184 943
(0:00:00)Introduction
(0:02:06)What KAPs numbers mean for U
(0:13:57)Why did Capricorn close their hedges
(0:28:04)Goldies: Hedged vs Unhedged
(0:38:23)Bellevue: Ramp up on a tight rope
(0:43:00)MinRes close the road
(0:46:18)Catalyst offload Henty
(0:48:00)Mining M&A speculation