News - Market Insights

The Reserve Bank considered a surprise rate cut at its Melbourne Cup day policy meeting, but ultimately decided to wait and see how its three cuts since June would work their way through the economy, the bank’s board minutes reveal (reports The Australian).

read more

US Federal Reserve officials stressed that risks to the US economy remained elevated as they agreed to put interest rates on hold following their third cut this year (reports The Australian Financial Review).

US Federal Reserve officials stressed that risks to the US economy remained elevated as they agreed to put interest rates on hold following their third cut this year (reports The Australian Financial Review). Many participants saw downside risks to the economic outlook as elevated, "further underscoring the case for a rate cut at this meeting,'' according to minutes of the October 29-30 Federal Open Market Committee session released Wednesday (Thursday AEDT) in Washington.

read more

Saracen Mineral Holdings could more than double its annual production within four years courtesy of its Super Pit acquisition, according to chief financial officer Morgan Ball

Saracen Mineral Holdings could more than double its annual production within four years courtesy of its Super Pit acquisition, according to chief financial officer Morgan Ball (reports The West Australian). Speaking at the company’s annual general meeting in Perth yesterday, Mr Ball told shareholders the upside potential of the Super Pit along with organic growth at Saracen’s existing WA assets could deliver annual production of 800,000oz within four to five years.

read more
22nd November 2019

Paying one-third of your market capitalisation for a gold asset that just about doubles your production makes sense every day of the week (writes Barry FitzGerald on MiningNews).

Paying one-third of your market capitalisation for a gold asset that just about doubles your production makes sense every day of the week (writes Barry FitzGerald on MiningNews). Make that doubly so if downside risk to a fall in gold prices can be protected against using some astute hedging while prices are at near all-time highs in Aussie dollars, and the asset is truly bolt-on because it's operated by one of the best in the business for a management services fee.

read more

Kambalda-based Mincor has announced a $35m cap raise to fund its aggressive nickel restart strategy (reports Stockhead).

Kambalda-based Mincor has announced a $35m cap raise to fund its aggressive nickel restart strategy (reports Stockhead). In August 2018, developer Mincor Resources (ASX:MCR) unveiled a maiden resource at Cassini, the first nickel deposit to be discovered in the Kambalda district for many years. The resource has been updated three times since then. In November, it was increased to 1.254 million tonnes at 4 per cent nickel for 50,400 tonnes.

read more

Saracen Mineral Holdings believes exploration around Western Australia's Superpit mine will unlock ''decades'' more gold and vindicate its decision to spend $1.1 billion buying a 50 per cent stake in the asset at near record gold prices

Saracen Mineral Holdings believes exploration around Western Australia's Superpit mine will unlock ''decades'' more gold and vindicate its decision to spend $1.1 billion buying a 50 per cent stake in the asset at near record gold prices (reports The Australian Financial Review). The "transformational" deal would make Saracen one of the four biggest gold producers on the ASX and put it in the box seat to eventually own all of the Superpit should US giant Newmont ever follow Canadian rival Barrick's example by exiting the famous Kalgoorlie operation.

read more
15th November 2019

Saracen Mineral Holdings has made a strong start to its A$50 million 2020 financial year

Saracen Mineral Holdings has made a strong start to its A$50 million 2020 financial year exploration program (reports MiningNews). The company said the initial results from its Thunderbox and Carosue Dam mines in Western Australia's Goldfields region highlighted the potential for reserve and mine life growth. At Carosue Dam, thick high-grade results included 51m at 8.5 grams per tonne gold; 24m at 14.3gpt gold and 33m at 6gpt at Karari, and 20m at 4.6gpt gold; 21m at 4.5gpt gold; and 26m at 3.5gpt.

read more

In the world of bulk commodities based on scale and repetition, boutique iron ore operations have had a chequered history (reports The West Australian).

In the world of bulk commodities based on scale and repetition, boutique iron ore operations have had a chequered history (reports The West Australian). So trucking a mere 1.25 million tonnes of iron ore a year nearly 500km from mine to port while prices for the commodity remain volatile sounds like a questionable proposition.

read more

Upcoming Events

View All

3rd Dec 2019

RRS Summer Series 2019 - Sydney Conference

One-day investor conference in Sydney on Tuesday 3 December 2019.

5th Dec 2019

RRS Summer Series 2019 - Brisbane Conference

One-day investor conference in Brisbane on Thursday 5 December 2019.

26th - 27th May 2020

Gold Coast Conference

The 2020 Resources Rising Stars Conference will be held in May 2020 at the scenic RACV Royal Pines Resort on the Gold Coast. 

© 2019 Resources Rising Stars All Rights Reserved