Gold Stocks

Newcrest targets copper output hike, gives the nod to new explorations

  • October 12, 2021 01:29 PM AEDT
  • Ashish
 Newcrest targets copper output hike, gives the nod to new explorations

Highlights Newcrest Mining said that its new projects could help in lifting copper production by 37% in the long term. Australia’s largest gold miner reported pre-feasibility studies across four possible new gold and copper projects. The...

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Evolution Mining divests Mt Carlton gold mine to Navarre

Evolution Mining divests Mt Carlton gold mine to Navarre

  • October 05, 2021 08:17 PM AEDT
  • Manisha

One of the leading gold miners, Evolution Mining Limited (ASX:EVN), has entered into a binding agreement with Navarre Minerals Limited (ASX:NML) to sell the Mt Carlton gold mine, including Crush Creek, for a total consideration of up to AU$90 milli...

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Why gold stocks shined while ASX lost sheen

Why gold stocks shined while ASX lost sheen

Highlights  Australian benchmark index, the ASX 200, ended 1.1% lower on Wednesday. The broader ASX gold index gained 2.3% in an otherwise weaker broader market. St Barbara, Regis, Silver Lake Resources and Evolution Mining were among the...

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Five ASX gold stocks not to be missed in October

Five ASX gold stocks not to be missed in October

Highlights  The yellow metal is hovering around US$1,750 per ounce, as of 28 September 2021. Gold prices are experiencing pressure amid increased bond yield rate and strong US dollar price. Investors are closely monitoring fluctuations in...

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Here’s how ASX-listed gold miners have fared after a fall in gold prices

Here’s how ASX-listed gold miners have fared after a fall in gold prices

Highlights Gold prices inched higher on Monday, having declined significantly last week after the US Federal Reserve signalled to ease its monthly bond purchases by 2022. Jerome Powell stated during a press conference that the tapering could co...

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Ora Gold (ASX:OAU) strikes high-grade gold results at Transylvania

Ora Gold (ASX:OAU) strikes high-grade gold results at Transylvania

  • September 17, 2021 04:26 PM AEST
  • Akshay

Highlights Ora Gold has intersected high-grade gold mineralisation at shallow depth with gold grades up to 10.37 g/t. The latest results bolster the potential for high-grade supergene mineralisation at shallow depth along the 180m+ strike, open...

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Australia gains top spot in gold production; overtakes China for the first time

Australia gains top spot in gold production; overtakes China for the first time

Australian gold miners have turned the corner around challenging times and helped the country in setting a new production record. Higher output by Australia’s major miners during the first half of 2020 helped the country surpass China as the ...

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Northern Star Resources’ (ASX:NST) net profit soars 300% in FY21

Northern Star Resources’ (ASX:NST) net profit soars 300% in FY21

Australia-based gold producing company, Northern Star Resources Limited (ASX:NST) has delivered a strong performance in the financial year 2021 ended 30 June 2021, on the back of record production. Also, the company reported a massive increase of ...

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Evolution Mining (ASX:EVN) slashes dividend despite profit surge

Evolution Mining (ASX:EVN) slashes dividend despite profit surge

  • August 19, 2021 09:19 AM AEST
  • Ashish

Evolution Mining Ltd (ASX:EVN) on Thursday announced a record net profit in FY21 despite challenges posed by the coronavirus pandemic. The company reported a 14% rise in statutory net profit after tax (NPAT) to AU$345.3 million for the year ending ...

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Five ASX gold stocks to watch as prices firm up

Five ASX gold stocks to watch as prices firm up

Summary Gold has been hovering around the level of US$1,680/oz for the last six months. Strong performance of the US dollar and better unemployment data from the US labour market are seen as the factors behind gold’s dismal performance. ...

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ASX stocks in focus as US jobs data weighs on precious metals

ASX stocks in focus as US jobs data weighs on precious metals

Summary The prices of precious metals retreated on Monday, driven by a higher-than-expected US July jobs report. The US non-farm payroll report showed the addition of 943,000 jobs in July month. Various ASX-listed precious metal stocks have pl...

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