News

Gold took a back seat to other commodities this week as investors decided that the Covid-19 pandemic is over and it’s time to make some money.

Gold took a back seat to other commodities this week as investors decided that the Covid-19 pandemic is over and it’s time to make some money. It might be stretching the point but one interpretation of recent events is that financial markets have “de-coupled” from politics and assorted health and public order concerns such as those seen in US unrest.

read more

Mineral sands junior Strandline Resources has made big improvements to the financial metrics for its potential A$260 million Coburn development in Western Australia as it works on “finalising” project funding (reports MiningNews)

Mineral sands junior Strandline Resources has made big improvements to the financial metrics for its potential A$260 million Coburn development in Western Australia as it works on “finalising” project funding (reports MiningNews). he project's pre-tax numbers include an NPV increasing 28% to $705 million and an IRR going from 32% to 37%, while average annual earnings (EBITDA) have risen from $86 million to $104 million.

read more

Junior gold explorer Kin Mining (ASX: KIN) has reported further shallow gold intercepts in drilling at the Cardinia Hill discovery at its flagship Cardinia Gold Project

Junior gold explorer Kin Mining (ASX: KIN) has reported further shallow gold intercepts in drilling at the Cardinia Hill discovery at its flagship Cardinia Gold Project (CGP) near Leonora in WA, with the footprint of mineralisation extended along strike to the north and down-dip (reports Emma Davies on the Small Caps website). Final assay results have been received from reverse circulation (RC) drilling at Cardinia Hill and air-core drilling at Helens East prospect, which sit around 2.5km east of the proposed processing plant site at the CGP.

read more

Meaningful efforts to increase nickel content in batteries will support an anticipated +560 per cent increase in battery related nickel demand over the next five years (reports Stockhead).

Meaningful efforts to increase nickel content in batteries will support an anticipated +560 per cent increase in battery related nickel demand over the next five years (reports Stockhead). South Korean battery materials maker Posco is now producing cathodes with greater nickel content to meet demand for greater energy density and longer driving range in the next generation of EVs. A recently completed 25,000-tonne-per-year plant expansion will mass produce cathodes with 65 per cent nickel content, Posco says.

read more

There is mounting evidence that beleaguered Brazilian iron ore giant Vale will battle to achieve guidance as Australia’s biggest producers reap the rewards of a price rally (reports The Australian Financial Review). A berth-by-berth analysis of global shipping by Macquarie Wealth Management shows Vale continues to lag behind its guidance targets even after an improvement the past fortnight.

read more

Independent stockbroking firm Curran & Co has joined the growing coverage list for emerging gold producer Bardoc Gold (ASX: BDC)

Independent stockbroking firm Curran & Co has joined the growing coverage list for emerging gold producer Bardoc Gold (ASX: BDC), initiating research with a BUY recommendation and a target price of 16cps (compared with its current trading price of ~9cps). According to Curran & Co analyst Andrew White, Western Australia will continue to be seen as “the most reliable jurisdiction for gold mining investment” and Bardoc’s assets are situated “at the heart of its gold mining centre”.

read more

With 2.2Moz already under its belt, Bellevue remains ‘one of Australia’s more exciting exploration stories’. Plus, the punters pour in as Hennigh likens White Rock’s Last Chance to Pogo, Rio stumps up $9m for Antipa’s Paterson play

Ahhh…to have had the clarity around the gold price that exists today back on March 23 when gold stocks were being smashed simply because all other equities were tanking in response to the economic mayhem caused by COVID-19. That moment of wistfulness is explained by using Bellevue Gold (ASX:BGL) an example. It has more than doubled from its March 23 low of 32.5c to 80c.

read more

The first whiff of a sustainable economic recovery wafted across the Australian economy this week, boosting banks and miners of industrial metals while rubbing some of the gloss off gold stocks....

The first whiff of a sustainable economic recovery wafted across the Australian economy this week, boosting banks and miners of industrial metals while rubbing some of the gloss off gold stocks. Reserve Bank Governor, Philip Lowe, painted a rosy picture about the outlook when addressing a Senate committee yesterday with his words forming the basis for the all ordinaries index cracking the 6000-point market for the first time since early March.

read more

Upcoming Events

View All

8th Jul 2020

Investor webinar featuring Mincor Resources, Calidus Resources, Genesis Minerals & Pioneer Resources

Join us for our next investor webinar on Wednesday, 8 July 2020:

10th - 11th Nov 2020

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 indefinite ban on large indoor gatherings and in

© 2020 Resources Rising Stars All Rights Reserved