News - Market Insights

16th April 2021

Despite a softening in the gold price this year, BMO Capital Markets managing director of commodities research Colin Hamilton says the metal is holding up well (reports MiningNews).

Despite a softening in the gold price this year, BMO Capital Markets managing director of commodities research Colin Hamilton says the metal is holding up well (reports MiningNews). After peaking at over US$2000 an ounce in August 2020, gold has fallen as low as $1683/oz last month. It currently sits at about $1747/oz.

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

Chalice Mining was worth more than $2 billion today (Wednesday) after a share price surge by the market darling explorer this week which boosted the riches of its chairman Tim Goyder by nearly $28 million (reports The West Australian).

Chalice Mining was worth more than $2 billion today (Wednesday) after a share price surge by the market darling explorer this week which boosted the riches of its chairman Tim Goyder by nearly $28 million (reports The West Australian). Shares in the company stacked on 7.5 per cent on Tuesday and a further 5.8 per cent on Wednesday to an all-time closing high of $6.21, giving it a market capitalisation of nearly $2.15b.

read more

Mincor Resources is planting the seeds for a new era of Kambalda nickel production (reports MiningNews).

Mincor Resources is planting the seeds for a new era of Kambalda nickel production (reports MiningNews). The company has a long history in the area, kicking off its first mine at Miitel 20 years ago. "Over the years, the company went on to consolidate ownership of the vast majority of the prospective Kambalda and Widgiemooltha Domes, and between 2001 and 2008, brought six new nickel mines into production," Mincor managing director David Southam said during a visit to the company's operations last week.

read more

Investors are scrambling to secure exposure to uranium amid growing evidence that the market is tightening rapidly, setting the scene for significant price rises (reports Stockhead).

Investors are scrambling to secure exposure to uranium amid growing evidence that the market is tightening rapidly, setting the scene for significant price rises (reports Stockhead). And now a new report from influential North American broker Sprott has named Boss Energy (ASX:BOE) as the “premier next-in-production uranium developer”. Boss increased its exposure to the uranium market substantially last week when it raised $60 million to buy a large uranium stockpile.

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

WA Government coffers are set to reap further benefits of elevated iron ore prices for longer, according to global ratings agency S&P, which has upgraded its long-range forecast for WA’s powerhouse commodity (reports The West Australian).

WA Government coffers are set to reap further benefits of elevated iron ore prices for longer, according to global ratings agency S&P, which has upgraded its long-range forecast for WA’s powerhouse commodity (reports The West Australian). Investors in the Pilbara’s biggest iron ore players can also expect more bumper dividends after S&P on Friday increased its price assumptions for the steel-making ingredient from $US100 a tonne to $US130/t for the rest of the year. It also lifted its forecast for prices heading into 2022 from $US80/t to $US100/t.

read more

After a thorough review, RareX (ASX: REE) will begin a major drilling program later this month, which is designed to test a new geological model at its flagship Cummins Range rare earth element project in Western Australia’s Kimberly (reports Small Caps).

After a thorough review, RareX (ASX: REE) will begin a major drilling program later this month, which is designed to test a new geological model at its flagship Cummins Range rare earth element project in Western Australia’s Kimberly (reports Small Caps). The upcoming program will comprise up to 6,000m of reverse circulation and diamond drilling and will follow up on newly identified targets.

read more

Upcoming Events

View All

18th May 2021

RRS May Investor Lunch Series - Brisbane

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