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Firefinch Ltd notches record month and quarter with gold production from Morila the Gorilla

Firefinch notches record month and quarter with gold production from Morila the Gorilla Firefinch’s production metrics at Morila Gold Mine hit an all-time high, with more than 5,000 gold ounces poured over the month of June. Firefinch has set a new monthly and quarterly gold production record. Firefinch Ltd (ASX:FFX) has notched up a substantial increase in gold production from its flagship Morila Gold Mine in Mali across the past month and the June quarter. The ASX-listed miner produced 5,019 ounces at the West African plant last month a 21% increase on the last production record. Meanwhile, over the June quarter, Morila the Gorilla  poured 12,555 gold ounces, meaning it also set a new quarterly production record.

S&P/ASX 200 slips as RBA holds cash rate at 0 1%; bond purchases to continue at a reduced rate

S&P/ASX 200 slips as RBA holds cash rate at 0 1%; bond purchases to continue at a reduced rate
proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.

Firefinch Ltd directors demonstrate confidence in gold and lithium strategy with on-market purchases

Firefinch directors demonstrate confidence in gold and lithium strategy with on-market purchases Managing director Mike Anderson and non-executive directors Brendan Borg and Brett Fraser have this week purchased shares in the gold producer and lithium developer. Firefinch last month secured $47 million in fresh funding to progress its West African gold and lithium assets. Firefinch Ltd (ASX:FFX) directors have demonstrated their confidence in the company and its strategy encompassing gold and lithium in West Africa through on-market share purchases. Three directors – Mike Anderson, Brendan Borg and Brett Fraser – made the purchases on June 30, 2021. Managing director Anderson acquired 250,000 shares valued at $98,750 in an indirect interest and now holds 1.25 million shares in that interest.

Firefinch Ltd non-executive director shows confidence in gold and lithium strategy with on-market purchase

Firefinch Ltd non-executive director shows confidence in gold and lithium strategy with on-market purchase
proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.

Firefinch Ltd completes $47 million placement to support Morila Gold Mine ramp-up, Goulamina Lithium Project demerger

Firefinch completes $47 million placement to support Morila Gold Mine ramp-up, Goulamina Lithium Project demerger Just days after announcing its multi-million-dollar equity raise, Firefinch has secured the funds to fast-track exploration at ‘Morila the Gorilla’ and spin out its West African lithium asset. Firefinch has secured $47 million in fresh funding to meet overheads across its gold and lithium assets. Firefinch Ltd (ASX:FFX) has completed its equity raising placement, bringing in $47 million to accelerate development at its Morila Gold Mine and progress the Goulamina Lithium Project demerger. The gold miner and lithium developer unveiled the placement last Thursday, announcing its intention to issue around 117 million new FFX shares at 40 cents apiece.

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