Kingston Resources (ASX:KSN) has just pulled off a rare feat – two high-grade gold discoveries on opposite sides of the Asia-Pacific in less than a fortnight (reports Stockhead).
Kingston Resources (ASX:KSN) has just pulled off a rare feat – two high-grade gold discoveries on opposite sides of the Asia-Pacific in less than a fortnight (reports Stockhead).
And, in the process the Sydney-based company may have put itself in contention to join the list of up-and-coming high-grade WA gold stories, following in the footsteps of market darlings such as Bellevue Gold (ASX:BGL) and Spectrum Metals (ASX:SPX).
The gold price is on track to take out its previous record, says mining analyst and Metalla Royalty & Streaming director EB Tucker (reports MiningNews).
He told MNN sister publication Mining Journal during the Denver Gold Forum in Colorado last week that the easy money was to be made in silver and gold at this stage.
He sees the stars aligning for silver to achieve US$20/oz in the near term and for gold to take out its previous high of $1889.70 next year.
Kalgoorlie explorer Bardoc Gold is bracing itself for a step change after tapping the market for $15 million (reports The Kalgoorlie Miner).
Bardoc said it had firm commitments to raise $12 million through a share placement, with an additional $3 million potentially stemming from a share purchase plan.
Kingston Resources (ASX: KSN) has just pulled off a rare feat – two high-grade gold discoveries on opposite sides of the Asia-Pacific in less than a fortnight.
And, in the process the Sydney-based company may have put itself in contention to join the list of up-and-coming high-grade WA gold stories, following in the footsteps of market darlings such as Bellevue Gold (ASX: BGL) and Spectrum Metals (ASX: SPX).
Spotlight turns to Alkane’s highly leveraged neighbours DevEx and Alice Queen
Alkane’s (ASX:ALK) big porphyry gold-copper hit at its Boda prospect in NSW’s central west continues to be the talk of mining investor circles.
The 502m intersection grading 0.48g/t gold and 0.2% copper has seen Alkane’s share price climb almost 80% to 67.5c since it was announced on September 9.
Alkane said the drilling results provided “clear evidence of Cadia-style mineralisation and grade over hundreds of metres”,
Oil, gold and copper have emerged from the fog of the China v US trade war as clear leaders in a “beauty parade” of commodities most likely to succeed over the next 12-months, and perhaps longer.
Oil, gold and copper have emerged from the fog of the China v US trade war as clear leaders in a “beauty parade” of commodities most likely to succeed over the next 12-months, and perhaps longer.
The case for gold, which is well understood by most investors, was strengthened by the same issue which pushed oil higher this week; global economic and political uncertainty, with a whiff of cordite in the air as the Middle East stumbled into a fresh crisis.
Northern Star Resources will spend $43 million expanding the capacity of its Pogo gold mine in Alaska by 30 per cent (reports The West Australian).
Northern Star Resources will spend $43 million expanding the capacity of its Pogo gold mine in Alaska by 30 per cent (reports The West Australian).
The ASX-listed miner told the market this morning it would start work this financial year and complete the expansion early in the 2021 calendar year, increasing Pogo’s annual throughput capacity from one million tonnes to 1.3 million tonnes.
After 10 years of trying to develop an iron ore mine in Brazil has prepared Centaurus Metals for what could be a company-making project – in nickel (reports Tim Treadgold on MiningNews).
After 10 years of trying to develop an iron ore mine in Brazil has prepared Centaurus Metals for what could be a company-making project – in nickel (reports Tim Treadgold on MiningNews).
The switch can be put down to two issues. It's hard to be a small iron ore miner in a country better known for the world-class projects operated by Brazil's national mining champion, Vale, and it helps that Vale is keen to see its smaller base metal discoveries developed as "mini-mines".
