Northwire Canada EditionSaturday, November 7, 2026
Northwire
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Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7% Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7%
Production / Operations Routine +

Ellis Martin Report: RUA Gold Inc (NZAUF) CEO Robert Eckford Discusses the Auld Creek Gold-Antimony Project in New Zealand's Historic Reefton Goldfield

Rua Gold PEA Validates Economics But Funding Gap Looms Over 2028 Production Target

Executive Summary
  • The most recent release (May 13, 2026) is a media interview on The Ellis Martin Report featuring CEO Robert Eckford.
  • Discussion centers on the recently released Preliminary Economic Assessment (PEA) for the Auld Creek Gold-Antimony Project.
  • Highlights include aggressive drilling programs and positioning antimony as a critical mineral supply source for Western markets outside China.
  • Production pathway is targeted for 2028.
  • No new financial data, drill results, or permitting milestones were disclosed in this specific interview compared to the May 5/6 PEA release.
Material Impact
  • The news is a follow-up to the material positive PEA released on May 5 and 6, 2026.
  • As the core economic data (NPV $42M base case, IRR 17%) was already public, this interview adds no new market-moving information.
  • The stock price has declined from a March high of $1.75 to current levels around $1.31, suggesting the market may have priced in the PEA optimism but is concerned about execution risks (specifically funding).
  • Classification as Routine - Positive reflects that while sentiment remains constructive, the lack of new catalysts limits immediate upside potential relative to the previous month's major announcement.
RUA · Price
Company Overview
  • Company: RUA Gold Inc. (TSX: RUA / NZX: RUA / OTCQX: NZAUF).
  • Flagship Project: Auld Creek Gold-Antimony Project in the Reefton Goldfield, New Zealand's South Island.
  • Project Status: Advanced exploration/development stage; PEA completed; Fast-Track permitting application submitted April 2026.
  • Key Asset Features: Dual-metal production (Gold and Antimony), cyanide-free flotation process, underground mining method.
  • Secondary Project: Glamorgan Project on North Island, adjacent to OceanaGold's Wharekirauponga project.
Read the original news release →

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