News - Market Insights

A robust RC drilling program has seen Calidus Resources [6] continue its rapid transition from explorer to producer as it underpins the open pit resource upgrade for its million-plus ounce Warrawoona gold project (reports Business News)

A robust RC drilling program has seen Calidus Resources continue its rapid transition from explorer to producer as it underpins the open pit resource upgrade for its million-plus ounce Warrawoona gold project in WA’s East Pilbara (reports Business News). 

read more

Gold bugs have always struck me as paranoid (reports The Financial Times). You have to really believe the sky is falling in order to hoard physical bars in a digital age. So, it’s rather worrying that some investors and central bankers are talking up gold. The Dutch Central Bank recently argued in an article that if there were to be a major monetary reset, “gold stock can serve as a basis” to rebuild the global monetary system. “Gold bolsters confidence in the stability of the central bank’s balance sheet and creates a sense of security.”

read more

Despite Beijing ramping up plans for new coal-fired electricity plants, they will be outpriced by cheap wind and solar (reports Ambrose Evans-Pritchard in London’s Daily Telegraph). No further coal plants should be built anywhere in the world ever again. The great majority of existing plants should be phased out within 15 years.

read more

Frankfurt | Audi plans to eliminate roughly 15 per cent of its German workforce to lift earnings by $US6.6 billion ($9.7 billion) as Volkswagen's largest profit-maker pushes ahead with a restructuring plan to help it adapt to the costly transition to electric cars (reports The Washinghton Post).

read more

Dacian Gold will update the resource for its Phoenix Ridge discovery early next year after drilling confirmed the continuity of high-grade mineralisation (reports MiningNews).

Dacian Gold will update the resource for its Phoenix Ridge discovery early next year after drilling confirmed the continuity of high-grade mineralisation (reports MiningNews). The 40m by 40m infill drilling program returned 23.1m at 30.2 grams per tonne gold from 266.9m; 19.1m at 5.1gpt gold from 223.6m; 2.4m at 47.5gpt gold from 313.4m; and 10.2m at 3gpt from 235.6m. The program also confirmed a new parallel high-grade shoot less than 50m away from the Phoenix Ridge maiden resource of 125,000oz at 8.1gpt, announced last month.

read more

Stavely Minerals (ASX:SVY) has extended shallow, high-grade copper mineralisation at the Thursday’s Gossan prospect within its self-named copper-gold project in Victoria after drilling returned some standout results (reports Stockhead).

Stavely Minerals (ASX:SVY) has extended shallow, high-grade copper mineralisation at the Thursday’s Gossan prospect within its self-named copper-gold project in Victoria after drilling returned some standout results (reports Stockhead). The top hit from the drill program returned 11m at 4.62 per cent copper, 0.57 grams per tonne (g/t) gold and 25g/t silver from a depth of 86m about 40m north of the discovery hole.

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

Upcoming Events

View All

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