Cora Gold's flagship Sanankoro project has a completed Definitive Feasibility Study (Sept 2025, 65% post-tax IRR, ~$221M NPV8) and a fully-funded US$120M gold stream (April 2026) underpinning the move to construction. Cash position is unclear/currency-ambiguous across sources — not included here rather than guessed.
Notable vs. Peers
- Jurisdiction risk score of 3/10 is meaningfully riskier than the peer average of 7.8/10.
- Financials score of 1.9/10 is weaker than the peer average of 6.6/10.
Lifecycle Milestones
Construction Milestones
0 of 5 reached- Not yet reached
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Milestones are recorded only from a company's own dated disclosure. A milestone with no date shown is one we can confirm was reached but for which no date was disclosed — we don't estimate one. "Not yet reached" means exactly that, not that a date is missing. An "Expected" line likewise only ever reflects the company's own guidance (e.g. a study or permit decision targeted for a stated quarter) — most not-yet-reached milestones have none, and that absence means no such guidance has been disclosed, not that one is overdue.
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal the underlying research identifies — whether a major already holds a JV, earn-in, or 5–19.9% strategic stake — isn't tracked yet and is absent from this score.
Your Rankings
Management Team
Entered the mining industry at age 24 with Hummingbird Resources, spending over ten years there across roles including Operations Manager, Country Manager, and Head of Business Development, working West African exploration camps before moving to Hummingbird's London office in late 2011. Served as a non-executive director of Cora Gold from May 2017 to July 2019, then was appointed CEO and a board director in January 2020, succeeding Dr. Jonathan Forster, and has since guided Cora's West African gold assets toward development.
Founded and was CEO of Trident Royalties plc, a mining royalty/streaming company acquired by Deterra Royalties in 2024. Previously spent six years as an investment manager at Resource Capital Funds, with earlier roles at BMO Capital Markets and Orica Mining Services. Holds an MBA from the College of William & Mary and a post-graduate qualification in Mining Studies from the University of Arizona, and is a graduate of the Australian Institute of Company Directors program. Appointed Independent Non-Executive Director of Cora Gold in January 2025, becoming Chair in March 2026.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
Eagle Eye Asset Holdings Pte. Ltd., a Singapore single-family office that also backs Toubani Resources' Kobada gold project in Mali, paid GBP 13.7 million cash at 6p in February-March 2026 for 29.9% of Cora and took a board seat. It then agreed a US$120 million gold stream in April 2026 that fully funds Sanankoro construction, buying 30.44% of life-of-mine production at 20% of spot. Lord Farmer, the metals financier who co-founded Red Kite, holds 12.66%. Note that the 29.9% institutional ownership figure is that one Eagle Eye stake rather than a broad institutional base.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
We haven't parsed this company's PEA/PFS/FS recommendations yet — cut-off grade, mine life, DCF/NPV, and the report's own next-steps guidance are a planned research pass, not live data for every company yet.