Articles On Black Cat Syndicate (ASX:BC8)

Inflationary pressures are supporting gold prices, but proving a challenge for gold miners Northern Star has upped its cost guidance after seeing AISC rise for the second straight quarter this financial year After asset sales NST boss Stua...

ASX posts steady gains on Tuesday Activity stays strong in the small cap resources space US stocks futures pointing ~0.3% higher Local stocks shrugged off the post-Easter food coma with solid gains on Tuesday — a calm session in what’s be...

Banks and miners carried the share market to its highest close since early January today amid high commodity prices and news of a potential earlier-than-expected rates hike from the Reserve Bank. The S&P/ASX 200 closed 42 points or 0...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Mining and energy stocks head into long weekend on a high Coal prices support strong buying for Yancoal and Coronado Glencore inks deal to make Murrin Murrin mine in WA a key supplier of cobalt to auto giant General Motors   Mining and en...

Emmerson Resources (ERM) today begins drilling for copper and gold at its Hermitage project near Tennant Creek, in line with announcing a $6.5 million capital raise.    A 10-hole, 2000-metre reverse circulation and diamond drilling progr...

Okay, who poked the S&P/ASX Emerging Companies index (XEC) this morning? Someone woke the sleeping Spinosaurus – the largest carnivorous dinosaur on this planet – that lies at the heart of our beloved small cap thermometer. It started r...

Black Cat Syndicate (BC8) plans capital raise to buy Northern Star Resources’ (NST) Paulsens and Western Tanami gold projects for $44.5 million The company has given no details on how much it is raising or the price at which the shares wil...

13 Apr 2022 - Northern Star Resources (ASX:NST) is set to sell its Paulsens gold operation and Western Tanami gold project to Black Cat Syndicate for $44.5 million.

Northern Star Resources will offload its foundational, company-making asset to Black Cat Syndicate as part of a houseclean of its portfolio following its $16 billion merger with Saracen Mineral Holdings.

Northern Star Resources (NST) will sell its Paulsens and Western Tanami gold projects to Black Cat Syndicate (BC8) for $44.5 million The sale is a cash, script and contingent cash payment, which will include $14.5 million cash to be paid o...

The Northern Star Resources Ltd (ASX: NST) share price is edging higher during mid-afternoon trade. This comes after the company announced a number of non-core asset sales to align with its five-year strategic plan. At the time of writing,...

Listed explorer Black Cat Syndicate was crossing fund managers on Wednesday morning for a $30 million to $35 million capital raise for an acquisition.

Gold catches bid to US$1970/oz after massive CPI numbers in the USA Miners post solid gains as most commodities lift, led by iron ore Northern Star agrees $44.5 cash and scrip deal to sell foundation mine and unloved project to Black Cat S...

Gold price to hit $US2,200 as stagflation fears take hold U.S. and allies officially prohibit all transactions with Russia involving gold, one of its financial lifelines. Will it work? Gold price rebounds over past week to $US1,960/oz Our...

War gossip/news remains the main driver of gold prices. The precious metal is having one of those volatile weeks where unless they timed their entry and exit perfectly, investors probably had a tough time whether long or short, says OANDA s...

Black Cat Syndicate (BC8) has announced a 67 per cent increase to the Jones Find deposit’s mineral resource estimate (MRE) The deposit, located within the Kal East Gold Project, now has an MRE of 1.3 million tonnes at 1.3 g/t gold for 55,0...

A good week for gold, which is up 1.04% to ~$US1,940/oz at time of writing. History shows us war doesn’t usually trigger an extended rally, but news flow – or lack thereof – coming out of Ukraine continues to be the biggest influence on the...

ASX to slip as Wall Street, Europe stocks fall Local shares are set to open lower this morning as US and European equities fell overnight. Eurozone headline CPI was at 5.8% year-on-year in February, the highest since the inception of the Eu...

Investors generally buy gold as a way of diversifying risk when s..t hits the proverbial fan. That’s why the precious metal appears to perform well in times of war or political instability. Conversely, stocks and bonds perform best in a sta...

The latest assay results from Black Cat Syndicate’s (BC8) Kal East Gold Project indicate the mineralisation at Jones Find is open in all directions Results from reverse circulation drilling completed at the end of last year returned a top...

Alas. After teasing gold bugs with a push through $1,840/oz over the past week, we are now back below ~$US1,800/oz. Gold stocks can’t seem to catch a break. What gives? I don’t get it. PM miners didn’t even get the windfall of the market w...

Black Cat Syndicate (BC8) increases the Majestic Mining Centre’s underground indicated resource by 43 per cent to one million tonnes at 4.5g/t gold for 143,000 ounces This takes the Kal East gold project’s resource, of which Majestic is pa...

Black Cat Syndicate (BC8) returns final infill and extensional diamond drilling results from the Majestic site at its Kal East gold project near Kalgoorlie in Western Australia The company says the results confirm the potential for an unde...

Global silver demand hit ~1.02 billion ounces in 2021, the first time it has breached 1 billion since 2015, according to the Silver Institute. Of that, industrial demand hit a new high of 524 million ounces. And of that, photovoltaic (solar...

Gold is holding steady above US$1,800/oz – currently trading at US$1816.60. Some players are confident the gold market will trend net positive next year as the market digests the reality of the past 24 months. But commodity analysts at J.P....

With gold spending most of the past week hovering around the US$1,800/oz (A$2,485/oz) mark, speculation has turned away from whether the precious metal can hold its gains to asking if it can test hit the US$1,850/oz mark. Gold is currently...

Black Cat Syndicate (BC8) completes regional exploration drilling at Fingals Fortune and Jones Find within the Kal East Gold Project in Western Australia A total of 25 holes were drilled at Fingals Fortune to target potential alternate st...

It’s been fairly choppy for precious metals this year, with economic recovery, rising nominal yields and the potential for rate hikes dampening investors’ appetite for gold. But on the flip side, new virus variants, fears of stagflation and...

US Fed chair Jerome Powell finally admitted that inflationary pressures weren’t going to be as sh­­ort-lived as perhaps expected. Earlier this week Powell surprised markets by suggesting it would be appropriate to drop the phrase “inflation...

Following a 7.6% surge from late September, the price of gold briefly hit five-month highs of ~$US1,872/oz on fears that current high inflation levels are more than ‘transitional’. Gold is an ‘inflation hedge’; an investment that ostensibly...

Black Cat Syndicate (BC8) updates the JORC 2012 mineral resource at Fingals Fortune within the Kal East Gold Project in Western Australia Upon acquisition in July 2020, Fingals Fortune had a resource of 1.2 million tonnes at 2.3 grams per...

Following a 7.6% surge from late September, the price of gold is now sitting ~$US1,860/oz for the first time since June. The Aussie price is looking even better, which is great news for our local producers: USD (dark) and AUD (light) gold p...

Toronto Venture exchange-listed Vox Royalty Corporation (TSX-V: VOX), which holds 37 royalty deals over Australian hard rock projects, says 2022 has the potential to be a record year for discovery drilling, engineering studies being release...

Two explorers hit the bourse today. Julimar nearology play Lycaon Resources (ASX:LYN) – which counts stock promoter Next Investors as a major shareholder — did very well out of the gate. It surged to a +200% gain from its IPO price of 20c p...

Black Cat Syndicate’s (BC8) latest results confirm high grades in and around its open pit at Fingals Fortune within the Kal East Gold Project in WA The company’s infill drilling showed mineralisation results, including 13 metres at 37.43 g...

Growing concerns about inflation could send gold prices soaring back above the US$2,000 ($2,746) an ounce mark it last reached back in 2020. Prices of the precious metal have already been rising steadily over the past fortnight, up some 3.7...

Wall Street falls as US inflation hits 30-year high US stocks continued their slide overnight, as the latest data showed that consumer prices rose at a pace not seen since the early 1990s. Prices in the US jumped 0.9% in October, and 6.2% f...

Infill drilling at the Providence and Canista prospects within the Mt Monger North project in Western Australia’s eastern goldfields region has uncovered significant high-grade mineralisation for newly-listed explorer Monger Gold (ASX: MMG)...

A global carbon taxation regime could slash gold miner profit margins by up to 45% unless an effort is made to reduce greenhouse gas emissions, Metals Focus says. Some countries, such as Canada and Sweden, already impose carbon taxes and th...

The gold price may be in a holding pattern at ~$US1,800/oz, but Aussie gold miners continue to throw piles of cash at acquisitions and new developments. Westgold (ASX:WGX) looks increasingly likely  to hoover up struggling producer Gascoyne...

E79 Gold Mines (ASX: E79) is the latest gold explorer to hit ASX boards this year, with a suite of tenements in two of the world’s richest gold belts in Western Australia – Laverton and Murchison. The company joined ASX ranks earlier this m...

Gold stocks are cheap, experts keep saying. Well-known analyst Jesse Felder has now demonstrated the “pathetic performance” of the US gold majors in handy chart form. The US listed BANG stocks (Felder’s play on FANG) include gold giants Bar...

Black Cat Syndicate (BC8) continues to receive strong results from Fingals Fortune at the Kal East Gold Project in Western Australia Extensional and infill reverse circulation drilling was completed to infill the southern portion of Fingal...

Generally, gold is seen as a defensive asset; the commodity investors turn to when times get tough. But lately, with interest rates low and inflation lagging, Shaw and Partners senior investment adviser Adam Dawes said gold has potentially...

The +9Moz, ~350,000ozpa ‘Kyuchus’ field will be one of Russia’s biggest gold mining projects. Kyuchus was first discovered in 1963, but its isolation in the harsh Arctic climate of the Yakutia region has, so far, stymied numerous developmen...

Investors want to see gold miners wisely grow their production profile. Not like miners did during the last cycle, when some irrational, highly priced M&A action destroyed significant wealth. The big gold miners have a “lousy recent his...

There is a lot of uncertainty in the market due to tensions in China, rising interest rates and continuing economic recovery of the global COVID-19 pandemic, with investors fleeing for safe havens to park their cash in. Safe havens like gol...

The valuations of major gold miners remain weak despite falling debt and record dividends, according to the latest Metals Focus Gold Peer Group Analysis. Australia’s largest gold miners Newcrest (ASX:NCM), Northern Star (ASX:NST), and Evolu...

It’s been a frustrating few months for gold bulls. As an investment hedge, gold shines during periods of poor or volatile market sentiment. It loves drama like pandemics, civil wars, or the unprecedented failure of the Lehman Brothers in 20...