The haven metals traded at moderately low prices this week. Risk appetite took an upswing especially late in the week as indicated by global stocks markets that saw an upswing at the end of the trading week. Although daily equities market volatility picked up, it couldn’t quite shake the marketplace. Keeping in mind, it is
Category Archives: All Topics
De Grey Mining : September 2020 Review [ASX: DEG]
De Grey Mining (‘DEG’) is a Western Australia-based gold explorer in the world renowned Pilbara, seeking to develop its Mallina Gold Project (‘MGP’) located 60 km south of Port Headland. MGP is close to other significant mining infrastructure, including railways, gas and electricity transmission facilities, the Great Northern Highway and a qualified workforce. It is
Week In Review: Recovering US dollar prompts fall in Gold and Silver Prices [31st Aug to 4th Sep 2020]
A rebound in the US dollar dented the prices of the haven metals this week. The recovery spells a risk to this year’s booming rally in gold and silver. Gold markets initially tried to rally but couldn’t get to the $2000 level. Alongside gold, silver prices were fairly low in the wake of a U.S.
Kaiser Reef Limited: September 2020 Review [ASX: KAU]
Recently listed gold explorer Kaiser Reef (‘Kaiser’ or the ‘Company’), has pegged its future success on its wholly owned Stuart Town Project (the ‘Project’). Located in the Lachlan Fold Belt, NSW, between Newcrest Mining Limited’s Cadia mining operation and Alkane’s new gold discovery – the Boda Project, the view that the project is prospective for
Week In Review: Gold & silver rebound after the Fed’s inflation announcement [24th to 28th Aug 2020]
Gold and silver saw strong price rebounds this week following Fed Chair Jerome Powell’s announcement. The Fed introduced a new policy that would allow inflations running above the 2% mark. Although the news created a favourable ground for both metals, gold didn’t respond as most traders expected. The precious metal rallied to a new
Matador Mining Ltd – No Bull! [ASX: MZZ]
Matador Mining Limited (‘Matador’, or the ‘Company’, ASX: MZZ) is an Australian gold exploration Company with 120km of continuous strike acreage in the Cape Ray Shear in Newfoundland, Canada. This acreage is lightly explored, but highly prospective and Matador is the largest holder of ground along the Cape Ray Shear. Cape Ray’s current resource stands
Week In Review: The price correction continues [17th to 21st Aug 2020]
The rapid movement of the US dollar this week has put some pressure on both gold and silver. The precious metals temporarily recovered from their lows as a result of investors wanting to buy the pull-back. Silver and gold prices went back and forth during the week, with silver almost managing the $28 mark. The
Small Cap IPO Watch: North Stawell Minerals [NSM:ASX]
Investors with a penchant for history will find some intriguing aspects to the North Stawell Minerals (‘NSM’ or ‘the Company’) IPO which closes on 28 August 2020. The Company was established for the primary purpose of exploring and developing a gold mine site close to the Stawell Gold Mine (SGM) in Victoria, which has produced
Week In Review: Price correction begins [10th to 14th Aug 2020]
After the phenomenal runs witnessed last week, price correction of gold and silver kicked in. Both precious metals had similar price patterns this week- starting on a high note and falling midweek before getting on an upward trajectory as the week came to an end. Some experts labelled the correction ‘overdue’ pointing that the gold
Firefly ‘on the fly’ : Firefly Resources Review (ASX: FFR) [Aug 2020]
Firefly (the ‘Company’), although highly speculative, has the potential to quickly create shareholder wealth given the potential economic upside of the mining tenements acquired, using the proceeds of a recent $2.3M equity raising. These funds will be applied principally to the Yalgoo Gold Project (the ‘Project’) and general working capital. The funds are likely to
