Articles On Beacon Minerals (ASX:BCN)

Title Source Codes Date
Gold Digger: Gold vs Bitcoin, analysts vs analysts – store of value narratives get in the ring

Gold hit a US ATH, then dipped a tad, but not by much. In fact, it’s doing pretty well on the whole… … It’s less volatile than Bitcoin, anyway, which is a good or bad thing depending on outlook Speaking of which, RBC has some fairly cautio...

Stockhead BCN 1 week ago
Gold Digger: Gold pulls back but gets to grips with sticky inflation situation

Gold has pulled back from very recent highs after the latest ‘sticky’ US inflation figures But… the price action in general looks pretty solid from where we’re sitting, and so does the TA Leading ASX goldies this week include: BMR, BMO, GS...

Stockhead BCN 2 weeks ago
Gold Digger: Yellow metal on the March as WGC eyes central bank and election boosts

Gold hit an all-time high this week, ending Friday in strong form The World Gold Council predicts global elections and Fed cuts could keep the precious metal elevated ASX gold stocks performing well this week included: KNB, SXG, AWJ   Wha...

Stockhead BCN 3 weeks ago
Gold Digger: Central banks just can’t get enough. Stockpiling could continue for years, says ANZ

ANZ analysts believe ’emerging’ central banks could buy over 600t of gold annually until 2030  Citi isn’t totally ruling out a US$3,000 gold price in next 12-18 months US gold mining giant Newmont divests six gold mines and two other gold...

Stockhead BCN 1 month ago
Gold Digger: Druckenmiller time. Billionaire increases exposure as gold reclaims US$2k

Gold recovers US$2k after weak retail sales data gets thrown into the economic soup in America Moneybags former hedge fund bloke Stanley Druckenmiller is increasing his gold exposure The week’s best performing ASX goldies include: TG1, TGM...

Stockhead BCN 1 month ago
Gold Digger: Don’t expect a rally soon but H2 could be golden, agree top analysts

  The price of gold is in a holding pattern, threatening to dip in short term, according to Metals Focus analysis Metals Focus, like Japan’s biggest bank MUFG, however, has a more positive outlook for gold later this year Top-performing AS...

Stockhead BCN 1 month ago
Dow falls as Cyber Monday stocks rise

  The Dow Jones Industrial Average fell on Monday, as traders took a breather after the major averages posted a four-week winning streak. The Dow Jones Industrial Average lost 56.68 points, or 0.16 per cent, to 35,333.47. The S&P 500 sh...

ShareCafe BCN 4 months ago
Dow falls as Black Friday sales increase from last year

Note: Figures recorded at 7:45am AEDT. The closing figures and video recording will be available at 9:00am AEDT.  The Dow Jones Industrial Average fell on Monday, as traders took a breather after the major averages posted a four-week winnin...

ShareCafe BCN 4 months ago
ASX up 0.4% at noon as Energy bounces back

At noon, the S&P/ASX 200 is 0.40 per cent higher at 7,057.50. The gains come from Energy and Utilities. Energy shares saw a rebound, bouncing back from the previous day's decline. Despite the drop in crude oil prices, energy stocks rema...

ShareCafe BCN 4 months ago
Stocks of the Hour: Ark Mines, Aurumin, Krakatoa Resources

  Ark Mines (ASX:AHK) announced that the first pass water-based beneficiation test work of the Sandy Mitchell Rare Earth sands has produced a high commercial grade rare earth concentrate with excellent recoveries. In response to the news, E...

ShareCafe BCN 4 months ago
Gold Digger: Banking on it – ANZ upgrades gold outlook, SocGen sees further upside

Spot gold prices are up since this time last week, and ASX goldies are benefitting ANZ upgrades its gold outlook for rest of this year, and 2024  The week’s top ASX gold-related stocks led by: TG1 and CPM   First things first, let’s just...

Stockhead BCN 4 months ago
Aurumin updates market on sale of Mt Dimer gold project to Beacon Minerals

Junior explorer Aurumin (ASX: AUN) has confirmed that Beacon Minerals (ASX: BCN) has completed the due diligence part of an acquisition agreement over the Mt Dimer mining leases and miscellaneous licences in Western Australia. The companies...

smallcapsau.mystagingwebsite.com BCN 4 months ago
Gold Digger: Lacklustre week ends on brighter note for yellow metal, as China hoards like there’s no tomorrow

US, Aussie spot gold prices down this week, but safe haven could soon find demand Canadian gold expert: hyperinflation contagion spreading to US The week’s top ASX goldies: North Stawell Minerals and Nagambie   It wasn’t the greatest week...

Stockhead BCN 4 months ago
Investors are fleeing currency for the safety of gold – which ASX small caps can benefit?

US bonds to be in oversupply, pushing their value lower, causing investors to exit to bullion People attached to the economics of conflict see gold as a safe haven Embargoed countries such as Russia are using gold to replace the dollar US...

Stockhead BCN 4 months ago
BCN ASX | Beacon Minerals Ltd | Market Insights, News & Analysis | Livewire

Livewire BCN 4 months ago
Gold Digger: Production goes nuts as all time gold mining record nears and long-term road looks solid

New World Gold Council report points to thriving gold industry and long-term demand Meanwhile, gold prices are still healthy but fractionally down from this time last week The week’s top ASX goldie gainers: STK, TIE, ENR   Right then, gol...

Stockhead BCN 4 months ago
Gold Digger: AI tech boom will supercharge precious metals demand, claims new report

New report from Metals Focus predicts AI adoption could play a big role in tech sector’s need for gold and other precious metals Gold price momentum slows but still looks technically strong, says analyst The week’s top ASX goldie gainers:...

Stockhead BCN 5 months ago
Beacon Minerals enters 14,000oz forward gold contract at $3080 an ounce

This week, Beacon Minerals (ASX: BCN) entered two agreements: one to acquire tenements in WA and another for a 14,000-ounce forward gold contract The first agreement is to acquire tenements in WA from Aurimin, which will bolster mine res...

themarketherald.com.au BCN 5 months ago
Beacon enters into 14,000oz forward gold contract

Gold producer Beacon Minerals (ASX:BCN) has entered into a 14,000-ounce forward gold contract to be delivered in monthly instalments from November 2023 to June 2024. Beacon reports that the forward contracts are a significant increase on...

Mining.com.au BCN 5 months ago
Beacon Minerals looks to buy Aurumin tenements to drive mine-life extension at Jaurdi gold project

Beacon Minerals has entered into a binding agreement with Aurumin to acquire the Mt Dimer tenements as it continues to eye new ground to feed its Jaurdi gold processing plant northwest of Coolgardie.

The West BCN 5 months ago
Aurumin handballs Mt Dimer leases to Beacon

Aurumin (ASX:AUN) has signed a binding sales agreement with Beacon Minerals (ASX:BCN) over the Mt Dimer mining tenements in Western Australia.  Under the terms of the deal, Beacon will pay Aurumin $3 million cash upon the completion of t...

Mining.com.au BCN 5 months ago
Mt Dimer sale to pump $3m into Aurumin coffers

ASX-listed Aurumin looks set to pocket $3 million and a 2 per cent net smelter royalty from the Mt Dimer gold mining tenements after entering into a binding sale agreement for the site with Beacon Minerals.

The West BCN 5 months ago
Aurumin unloads Mt Dimer gold tenements to Beacon Minerals in a winning deal for both companies

Aurumin (ASX: AUN) is set to get a major cash infusion after signing a binding sale agreement whereby Beacon Minerals (ASX: BCN) will buy its Mt Dimer gold tenements located 120km northeast of Southern Cross, Western Australia. One of the t...

smallcaps.wpenginepowered.com BCN 5 months ago
Gold Digger: US$3000/oz? Analysts are still predicting a fairytale 2024 for the prettiest commodity of them all

ING downgrades Q4 gold price forecasts, but expects prices to move higher again in Q1 “on the assumption that the Fed will start cutting rates” Bloomberg commodities guru Mike McGlone: $US3000/oz may be “rendezvous point” ASX gold stock of...

Stockhead BCN 5 months ago
Gold Digger: China banks into bullion, De Grey raises $300m to stave off M&A sharks and WA ASX juniors find paydirt

China’s property market and depressed yuan has domestic investors flocking to gold Price differences between Shanghai spot gold and the West have gone from a decade average of US$6 to more than US$100 of late De Grey’s DFS is out with a $3...

Stockhead BCN 6 months ago
Gold Digger: Australian miners rejoice as gold price flirts with record highs

At $3014/oz, local gold is currently paying near record prices Should these current levels hold, Aussie miners could be looking at another big income bump in FY24 Top ASX Gold Stories of the Week: Southern Cross Gold, Toubani Resources Ou...

Stockhead BCN 6 months ago
Gold Digger: Get set – if the ’70s is any guide, gold’s next leg up will be explosive

Similarities between the 1970s bull run, which saw gold soar 2,300%, and today “If the 1970s analogy holds, the next leg will be explosive”: Goehring and Rozencwajg This week’s top ASX precious metals stocks Our Gold Digger column wraps a...

Stockhead BCN 7 months ago
Gold Digger: China is hoovering up gold bars and De Grey is everything, everywhere, all at once

China’s gold imports have risen a massive 16% in the first half of 2023 Spot prices are down following the US Fed hiking interest rates to 5.5% De Grey has gold options here, there and everywhere in the Pilbara Our Gold Digger column wrap...

Stockhead BCN 7 months ago
Gold Digger: ASX producers stack on gains as bullion bounces toward US$2000/oz

Gold surges to US$1960 on geopolitical risk, softer inflation figures Sold down ASX producers, project developers enjoy strong gains 5 +$1bn capped gold stock ink double digit gains, the rest not far behind Our Gold Digger column wraps al...

Stockhead BCN 8 months ago
CLOSING BELL: ASX rises 1.5pc today, with the Goldies out in front on 3.54pc

ASX snaps a 4-day run of bruising luck with a welcome 1.5% gain Techies did a lot of the heavy lifting, while the Goldies put on a +3.54% show The day’s clear winner was Mobilicom, up 150% at day’s end on juicy defence news   Local market...

Stockhead BCN 8 months ago
Gold Digger: An investment in the ASX’s Gold Index one year ago would’ve netted a 40pc return, against just 6pc in the ASX 200

The All Ordinaries Gold Sub-Index (comprising 24 gold stocks)  is up 15.44% YTD, a massive 40.1% over the past 12 months, and 27% over the past 5 years Gold miners begin rolling out FY23 results Standout small caps of the week: Titan Miner...

Stockhead BCN 8 months ago
Gold Diggers: Bullion doesn’t know which way is up or down around US$1900/oz

Gold dips its toe below $US1900/oz, but it was too cold so it pulled back up Ora Gold scores a strike at Garden Gully Northern Stawell upgrades its gold inventory 59% Tanami to prove up more resources at its namesake gold project in the NT...

Stockhead BCN 8 months ago
Ora Banda Mining sells 4 non-core tenements within Lady Ida Project in Western Australia

Gold explorer Ora Banda Mining (ASX:OBM) has completed the sale of 4 non-core tenements within its Lady Ida Project near Kalgoorlie to Beacon Minerals (ASX:BCN) for $2.5 million. The company reports the Western Australian exploration teneme...

Mining.com.au BCN 9 months ago
CLOSING BELL: Markets closed 1.63% down, after a day best described as “not a great deal of fun”.

The ASX is 1.63% lower after a tech stock meltdown steered everyone south for winter. InfoTech took a solid back-alley beatdown, losing 3.94% for flying too close to the sun. Fleet and logistics mob Eroad bucked the trend, climbing 61% on...

Stockhead BCN 9 months ago
Beacon Minerals (ASX:BCN) enters agreement to acquire Lady Ida project, WA

Beacon Minerals (BCN) enters an agreement to acquire the Lady Ida project in Western Australia from Lamerton and Geoda The company also announced it was acquiring four additional exploration licenses from Siberia Mining Corporation and C...

themarketherald.com.au BCN 9 months ago
Gold Digger: De Grey expands Mallina once again, and juniors unearth near-impossible gold grades

  De Grey gets bigger, and bigger, and even bigger ahead of its imminent DFS Catalyst Metals has some bonkers grades coming out of the Iris deposit at Four Eagles Cue: lots of gold. Musgrave’s Break of Day gold deposit returns “excellent”...

Stockhead BCN 9 months ago
Gold Digger: Gold could go parabolic if the US dollar is toppled as world’s reserve currency

The USD’s status as the world’s reserve currency is under attack: Goehring & Rozencwajg This could be a rocket under the price of gold, most trusted store of value across the globe for over 3,000 years Weekly Small Cap Standouts: Iceni...

Stockhead BCN 9 months ago
Gold Digger: The Platinum Group Metals sector is at a crossroads, and no one can agree what the future looks like

Perspectives on key demand drivers and their implications for PGM demand are diverging Biggest demand sector for PGMs is auto catalysts in car exhausts which are being phased out by EVs Producers relying on an emergent hydrogen economy to...

Stockhead BCN 9 months ago
Beacon to start carting Geko stockpiles as new mineral resource estimate released

Beacon Minerals will start carting stockpiles from the Geko pit next month, and has also released a mineral resources estimate for its new acquisition.

The West BCN 9 months ago
Gold Digger: Unlike 2020 and 2022, this gold price breakout has legs

Gold sold off violently from highs in 2020 and 2022, but is holding its ground in 2023 “An important bullish signal for gold could be a weekly close above US$2035, the highest close in history”: FxPro Weekly ASX small cap standouts: Chesse...

Stockhead BCN 10 months ago
Gold Digger: Bullish? Aussie gold producers are adding hedges as high as $3200/oz

ASX miners adding to hedge books at prices up to A$3200/oz – well above record highs Heavy hedging a vestige of times past due to losses suffered in the late 90s, early 2000s Regis Resources still has 145,000oz of legacy hedges at frighten...

Stockhead BCN 10 months ago
Gold Digger: The last time interest in buying gold and silver was this high, the global economy was collapsing

Aussie Google searches for ‘how to buy and gold and silver’ at 12 year highs Reporting season: Wednesday small cap standouts: GBM Resources, Ora Banda Mining Our Gold Digger column wraps all the news driving ASX stocks with exposure to pr...

Stockhead BCN 11 months ago
Gold Digger: Gold and silver are up 20-30% in six months, handily outperforming all the major indexes

Gold and silver edged higher Tuesday to US$1996/oz and US$25.15/oz Unhedged Gold Road Resources (ASX:GOR) sells 41,818oz in March quarter at a record average price of A$2,764 per ounce Small Cap Standouts: Metalstech, Los Cerros Our Gold...

Stockhead BCN 11 months ago
Gold Digger: The last time the US deficit blew out this bad gold went on a 10-year, 700% bull run

US deficit blew out in the early 2000s, sparking a major bear market for the USD This was a catalyst for a major increase in price of gold, from US$250 in 2001 to a high of ~$2,000 a decade later: Jesse Felder Yesterday’s ASX News Highligh...

Stockhead BCN 11 months ago
Gold Digger: Gold again stumbles at small hurdle, but ‘path towards record territory is still there’

Gold, eyeing record highs (~US$2070/oz) just days ago, has been chopped down to ~US$2000/oz Gold’s path towards record territory is still there, it just might take a little while longer: OANDA’s Ed Moya Silver holds the psychologically sig...

Stockhead BCN 11 months ago
Gold Digger: Is Genesis’ $600m bid for Leonora a good deal for besieged St Barbs shareholders?

Rejigged deal will see embattled St Barbara sell flagship Leonora gold assets to Genesis Minerals for ~$600m in cash, shares Deal “reflects the deterioration over recent months in both SBM’s financial and operational position”: Gavin Wendt...

Stockhead BCN 11 months ago
Gold Digger: Macro drivers point to a gold bull market. Why hasn’t it happened yet?

Despite a bullish backdrop – COVID, war, inflation shocks, bank failures – gold has traded in an oddly tight range Liberum says all these demand drivers are being ‘cancelled out’ by Fed-led inflation-targeting rate hikes Gold paying US$201...

Stockhead BCN 11 months ago
Gold Digger: Investors, central banks ‘flock to gold in bulk’

Banking crisis sparks gold ETF inflows for the first time in 10 months Central Banks continue buying up gold at record levels Every larger gold stock on our list enjoyed gains this week led by double digit gains for the mid-tier and advanc...

Stockhead BCN 11 months ago
Gold Digger: Finally! Gold smashes though resistance at US$2000/oz as US economy comes apart at the edges

Gold breaches US$2,000oz with ease on weak US economic data A weaker jobs report Friday could see record highs tested Wednesday small cap standouts: Investigator, Labyrinth, Rox Our Gold Digger column wraps all the news driving ASX stocks...

Stockhead BCN 11 months ago
Beacon Minerals has early signs Lady Ida Project could be in production by Q4 2023

Beacon Minerals (ASX:BCN) could have its newly acquired Lady Ida Project brought into production by Q4 2023. Beacon and its wholly owned subsidiary Beacon Mining recently executed a binding tenement sale agreement with Siberia Mining Corpor...

Mining.com.au BCN 11 months ago