Articles On Ausgold (ASX:AUC)

Gold’s rally ran out of puff this week, with the precious metal dropping about 2% below ~$1US1,870/oz at Thursday close. Kitco’s Jim Wyckoff calls it “routine profit taking”. “Importantly, the price uptrend in gold on the daily chart remain...

Over the past two months the gold price has turned a corner, up ~12.7% to a high of $US1898/oz. That’s a four month high, erasing almost all of 2021’s losses. The share prices of local gold stocks have responded in kind. Over the past month...

Are large Bitcoin investors moving back into precious metals? In a note to clients, JPMorgan said large institutional investors are dumping bitcoin in favour of gold, reversing a trend that’s played out over the last two quarters. “The bitc...

The recovery in the gold price from its early March lows — ~$1,670s to over $1,825 currently — was mostly driven by the decline in real interest rates and, more recently a poor US jobs report and increasing inflation. US core inflation in A...

“When you stop growing you start dying,” is a saying the ASX’s largest gold miners have apparently taken to heart. While hopefully remaining cognisant of the expensive, value-destroying deals which occurred when gold last peaked in the 2010...

The recent acquisition of a nearby “bolt on” gold discovery has significantly increased the global mineral resource of PNX Metals’ (ASX: PNX) flagship Fountain Head project at Pine Creek in the Northern Territory. The advanced explorer anno...

AUSGOLD has raised more than A$11 million in a placement for its Katanning gold project that's seen North American institution Dundee Goodman ...

It’s going to be a short week with several states off for the Anzac Day weekend but resource companies continue to draw investor attention with several raising or announcing capital raisings yesterday. Ausgold (ASX:AUC) has raised $11.25m t...

Small caps have bounced back from a slow start to finish in the green – barely. The Small Ordinaries index finished Friday up 2.6 points, or 0.08 per cent, to 3,318.8, slightly underperforming the All Ordinaries which rose 0.12 per cent. Th...

After a couple of days in the red, the ASX rebounded into positive territory today. The ASX 200 rose 0.83 per cent closing at 7,055 while the ASX Emerging Companies Index closed 0.22 per cent higher at 2,095. Most sectors were positive with...

The gold price traditionally thrives on geopolitical drama. Heightened tensions in eastern Ukraine, the recent incident at an Iranian nuclear site, and news of an unofficial US delegation visiting Taiwan are recent reminders that 2021 will...

Gold continues to trend upwards on the back of US dollar’s ongoing weakness and concerns about inflation, so it’s unsurprising that the majority of gold plays on our watchlist have marked gains this week. The previous metal is currently tra...

The gold price may have languished slightly in 2021, but the number of gold IPOs certainly has not. Here’s what the newest ASX gold explorers are doing, where they are doing it, and why investors should care.   KINCORA COPPER (ASX:KCC) The...

Gold’s price facing headwinds from stronger US dollar, rising US bond yields ‘Bond yields cannot go higher forever, and once the trend reverses, gold will do well’ ASX Gold Stocks Guide: Everything you need to know   At the start of the...

Strange to think that it is a year since the world was turned upside down when the World Health Organisation declared COVID-19 a worldwide pandemic in mid-March 2020. In the week that followed the price of gold tumbled nearly $US200 to $US1...

A recent round of support for gold has seen the price consolidate above $US1,700 an ounce. However, with policy support from central banks, US stimulus and employment growth — underpinned by big infrastructure projects — you’d “expect gold...

The share price of micro-cap base and precious metals explorer PNX Metals Ltd [ASX:PNX] is up today, thanks to solid rock chip samples from its Burnside project in the Northern Territory. Like many Aussie gold stocks, PNX shares hit their h...

AUSGOLD has reported good drill results from “well beyond” the limits of the 1.2 million ounce gold resource at its Katanning gold project in Western ...

The capital raising wave shows no sign of crashing with August’s total coming in at $4.7bn. Once again resources companies raised more than any other sector — $163m of the $296m raised by companies with market capitalisations below $100m. F...

In times when gold prices are notching up steady gains it is easy to forget how once out of favour the yellow metal was. For all of the 1990s and into the early 2000s gold traded at under $US500 ($697) an ounce. Britain sold 400 tonnes of i...

The sudden drop in spot gold prices and reintroduction of COVID-19 restrictions in New Zealand have hit the relevant ASX small caps this morning. After 100 days of being virus-free, four COVID-19 cases were detected in the country. New Zeal...

WESTERN Australia-based gold hunter Ausgold has leveraged its success in the 'unfashionable' Katanning greenstone belt by raising A$6.35 million, ...

AUSGOLD has reported good success with drilling at its Katanning gold project in Western Australia, extending a zone of high-grade mineralisation to ...

A quick wrap of the key winners and losers on Tuesday, June 23. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made potentially  market-moving announcements during the day. Today 656 stocks rose, 677 declined...

IN today's Mining Briefs: Ramelius' Greenfinch gains wings; Pantoro grows Norseman; Ausgold extends Katanning; Aurora Tank taking shape for ...

If there’s one commodity that has started the decade well, it’s oil. Brent oil has gained 5.2 per cent this week and crude oil has gained 4.2 per cent. In contrast, some of the top performing commodities of 2019 have been slower. Copper has...

Ausgold is backing potential to deliver a viable, standalone gold mining and processing operation at the Katanning gold project in Western Australia. A scoping study at Katanning confirms a base case for a 1.25 million tonnes per annum mini...

GOLD mining could return to the Western Australian farming town of Katanning for the first time since the 1990s, with Ausgold releasing a supportive ...

Special Report: Sultan Resources has returned to the field with a ground gravity survey aimed at identifying priority gold targets at its Lake Grace project for follow-up drilling. The survey will cover almost 20km of the prospective gold t...

IN TODAY'S Mining Briefs: Altech's US$100M equity plan; Auroch starts nickel search; Ausgold KPG study begins; Stavely closing on target; Sunstone ...

Small cap gold stocks are scrambling to make hay while the sun shines. At over $2000/oz, there’s only upside to bolstering their Australian portfolios with under-appreciated (but potentially lucrative) near term development projects. Scrol...

Gold price is retracing back, with Gold spot correcting from its recent high of US$1437.20 (Day’s high on 3rd July 2019). The retracement in gold is dragging down the gold miners, who enjoyed the recent gold rush to ascend. Gold on Charts:...

Andromeda Metals Limited    Positive initial results from the drilling at the Poochera Halloysite-Kaolin Project: Andromeda Metals Limited (ASX: ADN) has finished the aircore drilling program at the Poochera Halloysite?Kaolin Project (Explo...