G6M
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Company News
Critical metal confusion, but here’s a small stock starter guide
Everyone knows (or should know) that critical and energy transition metals are one of the great investment themes of the decade but not everyone knows where to start building a portfolio of small stocks with growth potential. One of the problems in tackling a group of metals which have suddenly hit the headlines after lying […]
Group 6 Metals secures $4.5m, maiden tungsten production nears at Dolphin
As Group 6 Metals (ASX: G6M) closes-in on maiden production from its Dolphin tungsten mine on Tasmania’s King Island, it has secured $4.5 million in extra cash and gained a highly experienced chief financial officer. The company raised the $4.5 million via a share purchase plan that was announced in November last year. Initially, the […]
Group 6 Metals readies for drilling program at Investigator to build Dolphin mine inventory
Group 6 Metals (ASX: G6M) is about to begin drilling the Investigator prospect within its wholly-owned Dolphin tungsten mine where first concentrate is expected in the current quarter. A diamond drill rig has been mobilised to the mine site on Tasmania’s King Island, which will complete three holes at the Investigator 24 target. Another hole […]
Group 6 Metals reports construction activities on track at Dolphin tungsten mine project
Group 6 Metals (ASX: G6M) has issued a progress report on construction activities at the Dolphin tungsten mine redevelopment project on Tasmania’s King Island. Contractors have completed the mechanical installation of 70% of all major equipment packages onsite, with the remainder scheduled for February. A construction team from Victoria-based Gekko Systems is accelerating the work […]
Group 6 Metals launches $20m placement to fund Dolphin tungsten mine redevelopment
Emerging producer Group 6 Metals (ASX: G6M) has received binding commitments totalling more than $20 million to fund the redevelopment of its flagship Dolphin tungsten mine on Tasmania’s King Island. New and existing investors have supported the capital raising via a placement of 117 million new shares at $0.17 each, representing an 11.4% discount to […]
Quarterly explorers round-up – what’s been happening in the small cap space?
It was a busy September quarter in the small cap resource and energy spaces, with some major discoveries and project milestones achieved amid a strong outlook for most commodities. With rapidly rising inflation and volatile markets, the junior gold space continued to shine. Gold Gold explorers making headlines in the September quarter included: Kin Mining […]
Dolphin tungsten project review forecasts robust returns for Group 6 Metals
A detailed review of the Dolphin tungsten mine redevelopment on Tasmania’s King Island has forecast more robust returns for owner Group 6 Metals (ASX: G6M). The review was conducted amid concerns of rising costs due to global inflation and was focused on capital expenditure needed to complete construction activities and operating expenditure requirements to achieve […]
Group 6 Metals to drill regional targets at Dolphin as mine development remains on schedule
Group 6 Metals (ASX: G6M) is gearing up to drill regional prospects west of its flagship Dolphin mine in Tasmania, as development works for bringing the mine online remain on schedule for first tungsten concentrate early next year. In its latest update, Group 6 reiterated project development was on track to achieve first tungsten concentrate […]
Group 6 Metals’ redevelopment of Dolphin tungsten mine ‘progressing quickly’ for 2023 restart
Group 6 Metals (ASX: G6M) has advised that activities at the Dolphin tungsten mine redevelopment in Tasmania are “progressing quickly and safely” and remain on track to achieve first concentrate production early next year. The company is ramping up to peak construction activity on King Island mine site, with a focus on upgrading haul and […]
Group 6 Metals receives government grant to explore around Dolphin tungsten mine
As Group 6 Metals (ASX: G6M) forges ahead with construction activities at its Dolphin tungsten mine in Tasmania, it has just received a grant from the state government to explore a significant area around the mining lease with hopes to add resources to the project. The emerging producer today revealed it has been awarded two […]
