Newmont is the world’s largest gold miner with reserves estimated by the company at approximately 100 million ounces, with 25000 employees worldwide in 5 countries, including Australia. Next year will see it celebrate 100 years as a gold miner. It’s a financial behemoth with $3.7 billion in cash at March 31 of which $0.94 billion
Small Cap Watch: MANUKA RESOURCES
Australia’s newest gold producer, Manuka Resources (MKR), will commence trading on the ASX on 14 July after raising $7M (35m shares @ 20c) in an IPO that was 100% oversubscribed. Post the raising 249m shares will be on issue, implying a market cap of almost $50M with consolidated debts of $24.66M. The 249m shares on
Review: Fortescue Metals (19/20FY)
Fortescue Metals is a single bet on China. And this is one bet that is now paying dividends! Fortescue currently produces one product – iron ore; exports to one country – China; operates entirely from one area – the Pilbara; exports through one port – Port Headland; and is driven by one man – Twiggy
Barrick Gold Corporation : June 2020 Overview
Barrick Gold Corporation is an international gold company headquartered in Toronto, Canada, with operating mines and development projects around the world, including third world countries, such as Papua New Guinea and Tanzania. The absolute necessity to build trusted relationships with its host countries around the world through a commitment to the environment, social and economic
Newcrest Mining Limited Review (1st Half 2019/2020 FY)
While its inclusion in the ASX top 20 and a buoyant gold price since December have supported the Newcrest share price over the past few months, soft production numbers in the first half-year to December 2019 will need to be offset by a boost to its gold reserves for the share price to move materially
GoldNews.com.au Under New Management
A quick update to let you know that GoldNews.com.au is now owned and operated by Online Invent Melbourne. The previous contributors to the site had run out of spare time to continue their work, as such we have decided to make the offer to take over the operations to ensure the site continues to produce
The Case For Gold In Switzerland
Switzerland is known for producing quality products, if its Swiss made then you expect it to be the best thing in the world. There is are Swiss watches, Swiss cheese, Swiss chocolate and Swiss gold. A lot of people don’t know that gold is the biggest export product in Switzerland but it has been since
Gold Coin buying Mistakes You Should Avoid
Big decisions usually come after lots of tiny steps. When securing your future by buying precious metals like gold, a single wrong move can cost you. When you take a decision to invest in anything, you should know as much as you can about the process. When you know all there is to know about
Why Is Brexit Not Attracting More Gold Investors?
The Brexit crisis in the UK was expected to draw in more gold investors looking to hedge their wealth. So far, there seems to be a low appetite for gold amongst UK investors which goes against expectations. The rest of Europe however is building its gold holdings. Germany for one, has been buying a lot
The Most Epic Political Campaign Ever
Politicians have like to promise that they will do things to make people’s lives better. They may throw in numbers and promise bigger and better and more of something that the country lacks. People vote because they hope that the party or person they are voting for will live up to their word but they
