Karora Resources (TSX:KRR) - A Deep Dive into Their Gold & Nickel Expansion Plans! episode artwork

EPISODE · Sep 21, 2023 · 16 MIN

Karora Resources (TSX:KRR) - A Deep Dive into Their Gold & Nickel Expansion Plans!

from Company Interviews · host Crux Investor

Interview with Paul Huet, Chairman & CEO & Oliver Turner, Executive VP of Karora Resources Inc.Our previous interview: https://www.cruxinvestor.com/posts/karora-resources-tsxkrr-record-gold-production-future-growth-plans-3296Recording date: 18th September 2023With a focus on sustainable growth, Karora Resources has set its sights on becoming the next mid-tier gold producer. Headquartered in Western Australia, Karora operates the integrated Beta Hunt mine and Higginsville Gold Operations. Karora aims to increase gold production to 170,000-195,000 ounces by 2024. The company achieved record annual production of 133,836 ounces in 2022 and has produced over 80,000 ounces in the first half of 2023. The company believes growing to 200,000 ounces per year production in a Tier 1 mining jurisdiction will re-rate its valuation to the next tier of gold producers. Karora is debt-free and well-positioned to self-fund its growth plan from operational cash flow.To meet its production goals, Karora continues to expand its mineral resources through acquisition, exploration and development. The company's multi-asset portfolio provides diversity across several high-quality gold properties.Processing capacity is a key enabler, with Karora operating two mills in Western Australia - Higginsville and Lakewood - with combined capacity of 2.5 million tonnes per annum. These mills are fed from Karora's flagship mines Beta Hunt and Higginsville, as the company executes its growth strategy with sustainable costs and production in mind.Karora reached carbon neutrality in 2021 and 2022 and is committed to ESG leadership.View Karora Resources' Company Profile: https://www.cruxinvestor.com/companies/karora-resources

Interview with Paul Huet, Chairman & CEO & Oliver Turner, Executive VP of Karora Resources Inc.Our previous interview: https://www.cruxinvestor.com/posts/karora-resources-tsxkrr-record-gold-production-future-growth-plans-3296Recording date: 18th September 2023With a focus on sustainable growth, Karora Resources has set its sights on becoming the next mid-tier gold producer. Headquartered in Western Australia, Karora operates the integrated Beta Hunt mine and Higginsville Gold Operations. Karora aims to increase gold production to 170,000-195,000 ounces by 2024. The company achieved record annual production of 133,836 ounces in 2022 and has produced over 80,000 ounces in the first half of 2023. The company believes growing to 200,000 ounces per year production in a Tier 1 mining jurisdiction will re-rate its valuation to the next tier of gold producers. Karora is debt-free and well-positioned to self-fund its growth plan from operational cash flow.To meet its production goals, Karora continues to expand its mineral resources through acquisition, exploration and development. The company's multi-asset portfolio provides diversity across several high-quality gold properties.Processing capacity is a key enabler, with Karora operating two mills in Western Australia - Higginsville and Lakewood - with combined capacity of 2.5 million tonnes per annum. These mills are fed from Karora's flagship mines Beta Hunt and Higginsville, as the company executes its growth strategy with sustainable costs and production in mind.Karora reached carbon neutrality in 2021 and 2022 and is committed to ESG leadership.View Karora Resources' Company Profile: https://www.cruxinvestor.com/companies/karora-resources

NOW PLAYING

Karora Resources (TSX:KRR) - A Deep Dive into Their Gold & Nickel Expansion Plans!

0:00 16:27

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

French Your Way Jessica: Native French teacher founder of French Your Way Boost your French listening skills and test your comprehension with this one of a kind series of podcasts. Get the chance to listen to a real conversation between native speakers talking at normal speed AND customise your learning experience through carefully designed sets of questions (2 levels of difficulty) available for download at www.frenchvoicespodcast.com. All interviews also come with the transcript. French teacher Jessica interviews native speakers of French from around the world who share a bit of their life and passion. Where else would you meet in one same place a French yoga teacher based in Melbourne, a soap manufacturer from Provence, or a couple cycling around the world? That Hoarder: Overcome Compulsive Hoarding That Hoarder Hoarding disorder is stigmatised and people who hoard feel vast amounts of shame. This podcast began life as an audio diary, an anonymous outlet for somebody with this weird condition. That Hoarder speaks about her experiences living with compulsive hoarding, she interviews therapists, academics, researchers, children of hoarders, professional organisers and influencers, and she shares insight and tips for others with the problem. Listened to by people who hoard as well as those who love them and those who work with them, Overcome Compulsive Hoarding with That Hoarder aims to shatter the stigma, share the truth and speak openly and honestly to improve lives. LIGHTS, CAMERA, SMILE! Creatives Club Media Lights, Camera, Smile, is a podcast for anyone with a dream to share something with the world, out of the overflow of themselves - be it their mind, their heart, their personalities, and much more. Each of us are alive in this moment in time, with an innate ability to have ideas and create various things to benefit both ourselves and the people around us for a reason, and here, you will find the encouragement, the inspiration, and the motivation to do just that. Hosted by Cicily, founder of Creatives Club, she dives into various topics surrounding creativity and business. Exploring entrepreneurship for creatives in a corporate reality, sharing tips and tricks in a media centered company, answering questions regarding what a creative actually is are just a few of the things discussed on this podcast. Be encouraged to create for yourself as Cicily gets vulnerable by pivoting the camera to herself for the first time.To submit questions for Cicily to answer, or have her address certain t The Lee Olsen Show Lee Olsen CJF I want to help you improve all areas of your life by 3 types of podcasts!👉Blood, Sweat & Blessings-Interviews of normal people that have achieved BIG things!👉Series!!! For Love of the Horse- Brad Jackman DVM & Lee Olsen CJF, how to help your horse!👉Business Tips- Proven Life Changing Business Strategies with Lee Olsen

Frequently Asked Questions

How long is this episode of Company Interviews?

This episode is 16 minutes long.

When was this Company Interviews episode published?

This episode was published on September 21, 2023.

What is this episode about?

Interview with Paul Huet, Chairman & CEO & Oliver Turner, Executive VP of Karora Resources Inc.Our previous interview: https://www.cruxinvestor.com/posts/karora-resources-tsxkrr-record-gold-production-future-growth-plans-3296Recording date: 18th...

Can I download this Company Interviews episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
URL copied to clipboard!