News

Heavyweight global investment bank Goldman Sachs has upgraded its recommendation for mid-tier copper producer Sandfire Resources

Heavyweight global investment bank Goldman Sachs has upgraded its recommendation for mid-tier copper producer Sandfire Resources (ASX: SFR) from neutral to a BUY on the back of higher base metal forecasts, raising its price target to $7.60-a-share. The news prompted an immediate 6% lift in Sandfire shares yesterday to over $5.80, though still well short of the revised Goldman Sachs target.

read more

Bellevue Gold has reported a maiden resource for its Marcelline discovery, five months after its discovery, which has increased the overall resource at the Bellevue project in Western Australia (reports MiningNews).

Bellevue Gold has reported a maiden resource for its Marcelline discovery, five months after its discovery, which has increased the overall resource at the Bellevue project in Western Australia (reports MiningNews). Marcelline, discovered in November, has a maiden resource of 310,000 ounces at 9.7 grams per tonne gold.

read more

DGO Gold bought 4.44 million Yandal Resources shares off-market on Monday, taking its stake in the gold explorer to nearly 14.3% (reports MiningNews).

DGO Gold bought 4.44 million Yandal Resources shares off-market on Monday, taking its stake in the gold explorer to nearly 14.3% (reports MiningNews). The seller of the shares wasn't disclosed, with DGO paying 45c per share. DGO first invested in Yandal last October when it paid $4 million buying eight million shares at 50c each. It is now the largest individual shareholder in Yandal, with Northern Star Resources recently shown as holding 13%.

read more

A major 35,000m drilling campaign is progressing strongly at Gateway Mining’s (ASX:GML) 240,000oz-and-growing ‘Gidgee’ gold project in WA (reports Stockhead).

A major 35,000m drilling campaign is progressing strongly at Gateway Mining’s (ASX:GML) 240,000oz-and-growing ‘Gidgee’ gold project in WA (reports Stockhead). Gateway’s main asset is the 1000sqkm Gidgee gold project, an emerging large-scale gold system in the heart of WA’s mineral-rich Murchison and Northern Goldfields.

read more

Rare earths focused RareX (ASX:REE) remains strongly leveraged to exploration success and growth on two fronts after making a strategic investment in NSW-focused explorer Kincora Copper (reports Stockhead).

Rare earths focused RareX (ASX:REE) remains strongly leveraged to exploration success and growth on two fronts after making a strategic investment in NSW-focused explorer Kincora Copper (reports Stockhead). RareX has subscribed for another 3,500,000 shares at 20c each as part of Kincora Copper’s current $10 million capital raising and Initial Public Offering (IPO) on the ASX.

read more

Hot off a successful extensional drilling program at its mainstay Bruno-Lewis deposit, Kin Mining switched its focus to resource drilling at the new Cardinia Hill deposit, and the first mix of RC and diamond results suggests an increase in resources is on

Hot off a successful extensional drilling program at its mainstay Bruno-Lewis deposit, Kin Mining switched its focus to resource drilling at the new Cardinia Hill deposit, and the first mix of RC and diamond results suggests an increase in resources is on the cards (reports MiningNews). Among standout assays were 8m at 14.9 grams per tonne from 194m in the sulphide zone, and 13m at 5.98gpt from 38m in the oxide zone.

read more

Bardoc Gold has released its much anticipated definitive feasibility study for its namesake gold project in the heart of Western Australia’s Eastern Goldfields, underpinned by a 28% larger reserve estimate (reports MiningNews).

Bardoc Gold has released its much anticipated definitive feasibility study for its namesake gold project in the heart of Western Australia’s Eastern Goldfields, underpinned by a 28% larger reserve estimate (reports MiningNews). Bardoc, which has more than 3.07 million ounces in resources within its 250sq.km of consolidated leases, based today's DFS on a 1Moz reserve contained within five of 17 known deposits: Zoroastrian, Excelsior, Aphrodite, Bulletin and Mayday.

read more

Gold regained some of its appeal this week as the global economic growth story hit a rocky patch best illustrated by images of a fully-loaded container ship blocking the Suez Canal – a metaphor of how the broader economic picture has taken a turn for the

Gold regained some of its appeal this week as the global economic growth story hit a rocky patch best illustrated by images of a fully-loaded container ship blocking the Suez Canal – a metaphor of how the broader economic picture has taken a turn for the worse. Whether it has been threats from the European Union to withhold Covid-19 vaccine from export or a series of confidence-sapping surprises in a number of commodity markets, the score by last night was gold 1, rest of the market nil.

read more

Upcoming Events

View All

18th May 2021

RRS May Investor Lunch Series - Brisbane

*Fully booked – register to join the wait list* Four outstanding growth stories | Bellevue Gold, Boss Energy, Centaurus Metals & Greenvale Mining

19th May 2021

RRS May Investor Lunch Series - Sydney

Four outstanding growth stories | Bellevue Gold, Boss Energy, Centaurus Metals & Greenvale Mining

20th May 2021

RRS May Investor Lunch Series - Melbourne

Four outstanding growth stories | Bellevue Gold, Boss Energy, Centaurus Metals & Greenvale Mining

© 2021 Resources Rising Stars All Rights Reserved