News - Market Insights

Saracen Mineral Holdings has reported a record quarter of production from its Western Australian gold operations (reports MiningNews). Group production for the December quarter was 120,127 ounces of gold at all-in sustaining costs of A$1098 an ounce. Thunderbox produced a record 46,594oz, while Carosue Dam produced a near-record 52,899oz. The result included the first contribution of 20,634oz at AISC of $1522/oz from Saracen's one-month owning 50% of Kalgoorlie's Super Pit.

read more

While many of its rivals have collapsed, and its Pilgangoora neighbour Altura Mining is in limbo pending debt refinancing, lithium miner Pilbara Mineral continues to stay afloat in the challenging market and position itself for lithium’s expected upswing, though it continues to suffer (reports MiningNews). For the December quarter, Pilbara boosted shipments from 20,044 tonnes to 33,178t quarter-on-quarter, while production eased around 6000t to 14,711t at 5.91% lithium as it continued with its campaign mining and processing.

read more

Northern Star Resources boss Bill Beament says the company's close alignment with Super Pit co-owner Saracen Mineral Holdings has the potential to add even more value to the iconic gold mining operation...

Northern Star Resources boss Bill Beament says the company's close alignment with Super Pit co-owner Saracen Mineral Holdings has the potential to add even more value to the iconic gold mining operation (reports The Australian Financial Review).

read more

Shareholders of Northern Star Resources look set for a juicier dividends

Shareholders of Northern Star Resources look set for a juicier dividends as the miner eyes production of nearly 1 million ounces of gold this financial year following its acquisition of a half stake in the Kalgoorlie Super Pit (reports The West Australian).

read more

Centaurus Metals (ASX: CTM) has been rated as one of the “deepest value” and “highest potential” nickel developers on the ASX by a leading Australian broking firm

Centaurus Metals (ASX: CTM) has been rated as one of the “deepest value” and “highest potential” nickel developers on the ASX by a leading Australian broking firm (reports Stockhead). According to a desk-note from Perth-based Argonaut Securities, the $42m junior has well and truly caught the eye of experienced Argonaut resource analyst Matt Keane on the back of a bullish announcement about its expansive work program for 2020.

read more

St Barbara has confirmed its third downgrade of gold production volumes in the space of eight months, with its Australian and Papua New Guinea mines both falling short of expectations (reports The Australian Financial Review). The $2 billion company's gold output in fiscal 2020 will be up to 5 per cent lower than was suggested in October, and that October guidance was itself trimmed from the expectations that were set in May 2019.

read more

It’s not quite Groundhog Day for shareholders in Orion Minerals (ASX:ORN), but as the mining world’s A-list gathers in Cape Town next month for the annual Mining Indaba conference

It’s not quite Groundhog Day for shareholders in Orion Minerals (ASX:ORN), but as the mining world’s A-list gathers in Cape Town next month for the annual Mining Indaba conference, investors will be hoping for meaningful news about Orion’s flagship, the Prieska copper project (reports Tim Treadgold on Stockhead).

read more
24th January 2020

Adriatic Metals' Rupice polymetallic project in Bosnia and Herzegovina has been touted as one of the highest grade, highest margin projects in the world (reports MiningNews). Sandfire Resources holds 16% of Adriatic. London-based capital market firm Tamesis Partners published a detailed research note on Adriatic on Monday, calling Rupice "one of the highest grade-assets in the world".

read more

Upcoming Events

View All

No Date

Gold Coast Conference

With increasing global uncertainty regarding the outbreak of COVID-19 and in light of the latest advice from the Australian Government, including an announcement regarding an indefinite ban on indo

© 2020 Resources Rising Stars All Rights Reserved