Articles On Ausgold (ASX:AUC)

ShareCafeFinancials drag ASX down 0.44% at noon by Peter Milios   Overnight, the Financials sector in the US weakened further, with regional stocks falling broadly, in particular the SPDR S&P Regional Banking ETF losing 2.7 per cent. Th...

Ausgold (AUC) reports more high-grade gold results from its multi-rig, 25,000-metre drilling program at its Katanning gold project (KGP) in WA Results from the Central Zone area include a three-metre hit grading 13.88 grams per tonne (g/...

ShareCafeStocks of the Hour: SIH, LNR, AUC                    Sihayo Gold (ASX:SIH) announced significant gold intercepts at their project in Indonesia. Sihayo’s Executive Chairman, Colin Moorhead, commented, “With these latest interc...

24 Mar 2023 - A snapshot of the stocks on the move featuring Sihayo Gold (ASX:SIH), Lanthanein Resources (ASX:LNR) and Ausgold (ASX:AUC).

While gold has shined this year, platinum group metals are well off their recent highs Metals Focus says rare PGE rhodium could be in for a rerate this year that big Used in catalytic converters, rhodium supply is in deficit and largely co...

Chinese media announced a major “50t” gold discovery over the weekend, containing metal worth “US$3 billion” In the grand scheme of things it doesn’t appear that big Christian joins Gold Digger live from France to unpack the US Fed meeting...

Gold prices threaten $3000/oz in Aussie dollar terms Fitch says they could move towards US$2075/oz record, but are likely to hit resistance Besra up after announcing US$300m funding deal for 3Moz Bau gold project in Malaysia Our Gold Digg...

Gold prices surge 3% on bank fears, threatening US$2000/oz This week’s rate decision by the US Fed could weigh on gold after prices broke through Australian dollar record $2900/oz Ramelius down on Breaker deal, Tietto up after commissionin...

Ausgold (AUC) identifies new zones of high-grade mineralisation five kilometres north of its Katanning gold project in WA Two diamond drill holes from AUC’s 25,000-metre drilling program have struck ‘bonanza’ zones, returning up to 99 gr...

Central banks are buying gold at record levels with holdings now at 50-year highs: Sprott Gold tends to hold its value in times of crisis Central Bank buying ‘extremely’ bullish: Goehring & Rozencwajg They say investors with no perform...

Gold defends psychologically important US$1800 level and is currently paying ~US$1840/oz Rox Resources up 66% on monster hit outside 3.2Moz Youanmi resource Miners Ramelius (+20%), Resolute (+14%) lead strong week for mining stocks Our Go...

Perseus Mining (ASX:PRU) continues to claim the title of ‘ASX’s Most Consistently Good Gold Producer’ Other ASX miners a mixed bag Gold is currently at a 2-month low of $US1835/oz Our Gold Digger column wraps all the news driving ASX stoc...

Gold rallies past US1,950/oz on Fedspeak, before falling back below US$1,920/oz on Friday “Bullion traders will need to see disinflation trends remain strong and for the labour market to soften for the bull case to remain in place”: OANDA’...

Ausgold (AUC) commences its definitive feasibility study (DFS) on the Katanning gold project in Western Australia The company engaged GR Engineering Services to complete the study, which is expected to complete in Q3 CY2023 In paralle...

December winner Meteoric Resources sees a non-executive director buy 6 million shares Northern Star Resources and Chalice Mining directors sell in December for tax obligations Johns Lyng Group COO Lindsay Barber sells 4 million shares, ~3...

Metals Focus reckons early 2021 Reddit squeeze sparked almost two years of record retail silver demand US market achieved a new high last year of almost 4,000t of physical silver investment, “a performance which could be eclipsed this year...

Gold prices have historically outperformed during recessions ANZ research raises end of 2023 gold price target to $US1,900/oz Weekly small cap standouts: Peregrine Gold (ASX:PGD), Ora Gold (ASX:OAU) Our Gold Digger column wraps all the ne...

PNX Metals has successfully extended the gold mineralisation outside of the resource at the Glencoe deposit in the Northern Territory, providing confidence the company will continue to grow its resource inventory in 2023. PNX Metals’ (ASX:P...

Central banks buying gold at the fastest pace on record Another gold bull signal for 2023 — the crypto collapse Global silver demand on course for record high in 2022 Our Gold Digger column wraps all the news driving ASX stocks with expos...

PNX Metals has potentially uncovered the same prospective rocks that host the nearby +1.2Moz Cosmo gold mine between its Fountain Head and Glencoe deposits, demonstrating the significant untested gold and base metals potential of its 1,500s...

Gold could have steady path towards $US1,800 level if dollar weakness remains: OANDA ASX gold miners surging this week, led by Evolution Mining +30%, Capricorn Metals +27%, and Regis Resources +27% Weekly small cap standouts: Focus Mineral...

Just five miners/ near-term gold miners are in the green over the past 12 months They include Tietto Minerals, Ora Banda Mining, Emerald Resources, Capricorn Metals and Perseus Mining Top precious metals stocks this week: Hamelin Gold, Zul...

Since reaching its peak in the summer of 2020, silver has fallen ~35% Smart money is going net long on silver, speculators almost net short; a good sign for silver outlook say Goehring & Rozencwajg This week’s top ASX precious metals s...

USD gold price continues to fall, currently $US1,621/oz Mixed bag of results for gold producers in Q1: Perseus, Northern Star outperformers so far Weekly small cap standouts: Strickland metals, Medallion Metals. GBM Resources Our Gold Dig...

Micromine has announced that its annual virtual event, Micromine Momentum, will stream live and exclusively on 27 October 2022. Now in its third year, this edition’s theme is “Rock, People, Software”, where Micromine will discuss the streng...

Retail investment in gold, silver has either hit new peaks or held up at multi-year highs, says Metals Focus 1 ounce gold Maple Leaf in the US commands a 40% premium at the retail level, for example This week’s top movers: Sihayo, Dacian,...

PNX Metals (PNX) signs an agreement with Ausgold Trading to acquire the Mt Porter gold deposit for $1.05 millionThe deposit lies within the same NT-based region as the company’s Fountain Head and Hayes Creek projects and will strategy feed...

PNX Metals has signed an agreement to purchase the Mt Porter gold deposit in the Northern Territory from private company Ausgold Trading. The price is $1.05 million to be paid upon completion (incorporating PNX shares with a deemed value of...

PNX Metals has added another highly prospective gold project to its portfolio that is located just trucking distance from its Fountain Head and Hayes Creek zinc-gold-silver development and advances the company’s strategy of building scale i...

PGM demand will remain strong until about 2025, when it will start to fall off a cliff: Metals Focus Why 2025? Because that’s when electrification of transport really kicks up a gear However, Bridge Street Capital analyst Chris Baker belie...

Fitch has downgraded its gold outlook but expects prices to remain “elevated in the coming years compared to pre-Covid levels” Contrarian argument: “It is also a sector full of M&A possibilities as gold equities haven’t been this ‘chea...

Ausgold (AUC) intersects further high-grade gold in a second phase of drilling at its Duggan prospect in Western AustraliaThe company’s phase two program involved 1216 metres of reverse circulation drilling, which intercepted “extensive” go...

TSX listed Korara Resources finds another massive nugget stash at the Beta Hunt mine near Kalgoorlie The new discovery just below the super-rich, 30,000oz Fathers Day Vein China imported more than 80 tons (or 2.56Moz) of gold worth $US4.4b...

A 1,500m reverse circulation (RC) drilling program is testing advanced targets at Cosmo’s Mt Venn and Eastern Mafic Projects in the Yamarna district of Western Australia. At Mt Venn, the program will chase up high-grade zones and extension...

Ausgold (AUC) hits further high-grade gold at its Katanning gold project in Western Australia The company underwent a program across the project to further expand the scale of its current ore reserve, drilling 41 reverse circulation holes...

EVN’s Jake Klein predicts US$2-US$3,000/oz gold price for this time next year Is a wave of merger and acquisition activity coming in the ASX gold space? Bounce back in vehicle production to boost PGM demand Gold price hits a four-week high...

Ausgold is chuffed at the results of the Prefeasibility Study (PFS) and maiden ore reserve for its fully-owned flagship Katanning Gold Project in Western Australia. The current PFS forecasts that the project will generate $981 million of EB...

Gold price hits three-week high post-FOMC rates decision ASX Quarterly Gold Wrap: producers hit a low bar, investors are pleased Gold demand falls in H1 as cost-of-living pressures bite, WGC says Our Gold Digger column wraps all the news...

Gold is down 5% for July and on a broader downward trajectory, Metals Focus says Aeris Resources’ Golden Plateau deposit could extend the mine life at Cracow Golden State Mining has kicked off drilling at the Yule project in WA   Our Gold...

The US dollar looks set to reach 20-year highs, impacting gold’s safe haven status JP Morgan employees on trial in Chicago after ‘spoofing trades’ accusations PGM supply through the recycling of auto catalysts has taken a hit ‘cos Covid O...

ShareCafeWebinar Recap – LKE, S3N, AUC & CPO Catch up on the full webinar presentations from Lake Resources (ASX: LKE), SensOre (ASX: S3N), Ausgold (ASX: AUC) & Culpeo Minerals (ASX: CPO) Webinar Recap – LKE, S3N, AUC & CPOComp...

ShareCafeAusgold (ASX: AUC) – Webinar Presentation Matthew GreenTree – Managing Director – Ausgold Limited is a gold exploration and development company with a suite of projects located in some of Australia’s most prospective mineral provi...

Swiss data shows the highest total January to May bullion shipments since 2018 On a year-to-date basis US gold imports surged by 170% to 103t US also the largest destination for Swiss silver bullion, accounting for ~30% of the total; up fr...

Newmont’s Tom Palmer says gold may have found new floor of ~US$1600/oz in the wake of inflation With small gold miners are struggling with rising supply chain and labour costs, Palmer says consolidation in the sector makes sense Drilling r...

1 gram of gold can be recovered from about 41 recycled mobile phones Mint Innovation can recover $US12,000 worth of gold from one tonne of old circuit boards Gold trades sideways at ~$US1,850/oz Our Gold Digger column wraps all the news d...

Ausgold’s 100 per cent-owned flagship Katanning Gold Project (KGP) in Western Australia has recorded an increase in the mineral resource estimate, which now totals 2.16 million ounces of gold, representing a 17 per cent rise in total contai...

Ausgold (AUC) significantly upgrades at mineral resource estimate (MRE) for its flagship Katanning gold project in Western Australia The new MRE reads 56 million tonnes at 1.21g/t gold for 2.16 million ounces, representing a 17 per cent in...

US gold price down more than 10% or $200 from its peak But Aussie gold miners faring better due to weak AUD-USD exchange rate This week’s ASX standouts: Twenty Seven Co, OzAurum Resources Our Gold Digger column wraps all the news driving...

Ausgold (AUC) completes a 30,000-metre drilling program at its Katanning gold project in WA Drilling targeted the Central and Southern zones to add near-surface resource ounces and open-pit mine planning to support a pre-feasibility study...

Highlights  Today, ASX200 was spotted trading 0.236% higher at 7471.600 points at 11:41 AM AEST. The healthcare sector S&P/ASX 200 Health Care (ASX:XHJ) was up 0.213% at 39576.400 points during the intraday trading session. The S&...