Articles On Beacon Minerals (ASX:BCN)

Title Source Codes Date
Gold Digger: US$1550/oz by 2028? The Australian Government is super bearish on gold, for some reason

Resources and Energy Quarterly (R&EQ) analysts reckon gold will tumble to US$1550/oz by 2028 Don’t fret: recent R&EQ gold predictions have been way off the mark Monday’s Precious Metals Stock of the Day: Battery Minerals (ASX:BAT)...

Stockhead BCN 11 months ago
Gold Digger: Investors are dipping a toe into gold stocks ahead of anticipated bull run

Gold ($US1981/oz), silver ($US23.91/oz) continue to trade just below recent highs All top 15 stocks by market capitalisation gained between 2- 20% this week, for an average of 8% ASX gold standouts this week: Regis Resources, Ramelius Reso...

Stockhead BCN 11 months ago
Beacon Minerals eyes production later this year following acquisition of Lady Ida gold project

Beacon Minerals has an eye on producing gold in the final quarter of this year from the newly acquired Lady Ida project.

The West BCN 11 months ago
Gold Digger: Gold could breeze through US$2600/oz on interest rate pivot, expert says

FxPro predicts US$2600/oz gold price, sparked by changes in monetary policy 6 of the top 8 gold stocks by market cap have made double digit gains so far in 2023, led by Newcrest (ASX:NCM) with 29% Our Gold Digger column wraps all the news...

Stockhead BCN 11 months ago
Gold Digger: Who takes the cake for the best gold discoveries in the last five years?

Ramelius Resources reigns supreme with top gold discoveries in the last five years Newcrest Mining is close on its heels, taking out 2nd place This amateur prospector just found a gold nugget worth $240K    Our Gold Digger column wraps a...

Stockhead BCN 1 year ago
Gold Digger: Money-laundering church pastors are taking advantage of gold’s status as a stable, universal currency

Al Jazeera investigation uncovers ‘money washing’ scheme using Zimbabwean gold involving senior diplomats, church leaders Zimbabwe produced a record high ~356t (12.5Moz) gold in 2022 Fast-deprecating currency makes Zimbabwe perfect breedin...

Stockhead BCN 1 year ago
Gold Digger: Are we getting closer to a rhodium breakout?

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...

Stockhead BCN 1 year ago
Gold Digger: How big is that Chinese gold discovery really?

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...

Stockhead BCN 1 year ago
Gold Digger: Forecasters get bullish with banking crisis to drive gold towards all time high

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...

Stockhead BCN 1 year ago
Three-way deal secures $4.2 million for Ora Banda

Ora Banda Mining looks set to pocket $4.2 million in a three-way deal that includes the sale of four non-core tenements to Beacon Minerals and a new royalty agreement with key investor Hawkes Point.

The West BCN 1 year ago
Gold miner Ora Banda banks more cash to bolster balance sheet for Riverina underground decision

Ora Banda Mining has moved swiftly to raise $4.2 million from the sale of non-core tenements at its Davyhurst gold project and funding from its major shareholder Hawke’s Point, fortifying its balance sheet ahead of a major transformation. T...

Stockhead BCN 1 year ago
Gold Digger: Bank maelstrom helps gold crash through local record. Where are we headed next?

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...

Stockhead BCN 1 year ago
CLOSING BELL: Be honest. If the Energy sector was a horse right now, you’d shoot it

ASX 200 sinks to -2.2% before recovering to close near -1.5% for the day Energy sector tanks -5.0% because it wants to watch you cry in the shower Low unemployment data sets up the RBA to keep twisting Australia’s nipples, just the way we...

Stockhead BCN 1 year ago
Gold Digger: Experts say ‘a gold bull market stands before us’ as Central Banks buy bullion at record rates

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...

Stockhead BCN 1 year ago
Gold Digger: ASX miners enjoy a good week as gold refuses to be tied down

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...

Stockhead BCN 1 year ago
Gold Digger: The good, bad, and ugly of ASX gold reporting season

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...

Stockhead BCN 1 year ago
Gold Digger: Gold flirts with US$2,000/oz, leaves everyone frustrated and wanting more

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’...

Stockhead BCN 1 year ago
Beacon Minerals buys Pantoro’s 20 per cent stake in Maximus Resources for $2.65 million

Beacon Minerals has paid about $2.65 million for Pantoro’s 19.82 per cent stake in Goldfields junior explorer Maximus Resources.

The West BCN 1 year ago
Maximus buoyed by new major shareholder

ASX-listed Maximus Resources has a new major shareholder after Beacon Minerals executed a share purchase agreement to acquire a 19.82 per cent investment in the explorer to become a cornerstone investor.

The West BCN 1 year ago
SAG mill reline sees lower production in December quarter for Beacon Minerals’ Jaurdi project

Beacon Minerals has reported lower production at its Jaurdi gold project northwest of Coolgardie in the December quarter because of a full SAG mill reline in November.

The West BCN 1 year ago
Beacon Minerals (ASX:BCN) signs forward gold contract at higher pricing

Beacon Minerals (BCN) enters a forward sale facility with Swiss company MKS Beacon will sell 6000 ounces of gold to be delivered in monthly instalments from February to April 2023 The gold will come from BCN’s Jaurdi project in Wester...

themarketherald.com.au BCN 1 year ago
Ground Breakers: Anyone else humming David Bowie’s ‘Golden Years’ right now?

Golden morning for miners as inflation leads bullion to almost US$1900/oz All Ords gold sub-index up almost 1.8% in morning trade Materials lifts 0.57%, but is overshadowed by energy stocks after oil and gas prices rise   Gold is tantalis...

Stockhead BCN 1 year ago
Gold Digger: The Reddit-fuelled silver squeeze has sparked almost 2 years of record physical investment

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...

Stockhead BCN 1 year ago
Gold Digger: Investors, precious metals could be your ‘golden ticket’ to gains in 2023

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...

Stockhead BCN 1 year ago
Beacon Minerals (ASX:BCN) successfully acquires Geko tenements, WA

Beacon Minerals (BCN) successfully acquires two new tenements from Geko Pit, as part of a plan to increase the life of the Juardi gold mine in Western AustraliaBeacon now holds a 100 per cent interest in the mining lease M15/621 and miscell...

themarketherald.com.au BCN 1 year ago
Beacon Minerals set to snap up Geko tenements for $10.75 million

Beacon Minerals has executed a binding tenement sale agreement with Geko Pit as part of its strategy to extend the mine life of its Jaurdi gold project north-west of Coolgardie.

The West BCN 1 year ago
Beacon Minerals seeks to acquire Geko Pit gold mining leases in Western Australia

Gold mining and exploration company Beacon Minerals (ASX:BCN) reports it has executed a binding tenement sale agreement with privately held Geko Pit to acquire 2 mining leases in Western Australia. The company says it intends to acquire min...

Mining.com.au BCN 1 year ago
Beacon Minerals (ASX:BCN) to acquire new Geko tenements near Jaurdi, WA

Beacon Minerals (BCN) is buying two new tenements in WA’s Eastern GoldfieldsThe company has signed a sale agreement with Geko Pit to acquire a mining lease and miscellaneous licence for roughly $7.8 million in cash plus $3 million in royalt...

themarketherald.com.au BCN 1 year ago
Unprecedented Chinese protests remove bullish reopening narrative from markets

ShareCafeUnprecedented Chinese protests remove bullish reopening narrative from markets                    Stocks fell Monday as social unrest from China’s prolonged Covid restrictions weighed on markets. Protests across China over th...

ShareCafe BCN 1 year ago
Gold Digger: Buckle up! Central Banks are buying gold at the fastest pace on record

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...

Stockhead BCN 1 year ago
Gold Digger: Was that the bottom? Gold poised to punch through $US1,800/oz after surging $120/oz in a week

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...

Stockhead BCN 1 year ago
Gold Digger: Only 5 of the toughest ASX gold miners have made gains over the past 12 months

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...

Stockhead BCN 1 year ago
Gold Digger: Silver is ‘flashing a strong buy signal’, experts say

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...

Stockhead BCN 1 year ago
Gold Digger: When will the gold price recover?

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...

Stockhead BCN 1 year ago
Gold Digger: Retail gold and silver buyers paying monster premiums for coins due to high demand

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,...

Stockhead BCN 1 year ago
LAST ORDERS: A lighthearted look at what you missed from the market today

A brief one today, because there’s been a lot of loose threads to chase down about a whole bunch of stuff, and then suddenly the end of the day was looming but by then we’d all run out of coffee, and now we’re all tired and you should be to...

Stockhead BCN 1 year ago
Beacon Minerals (ASX:BCN) to acquire Geko mine from Bulletin Resources (ASX:BNR)

Beacon Minerals (BCN) executes an offer letter with Bulletin Resources (BNR) to acquire the Geko Gold MineBeacon says the acquisition forms part of its strategy to increase the mine life and its nearby Jaurdi gold processing plant Bulletin...

themarketherald.com.au BCN 1 year ago
Beacon looks to snap up Geko tenements for $10.75 million to extend mine life at Jaurdi gold project

Beacon Minerals is looking to snap up more ground to help extend the life of its Jaurdi gold project north-west of Coolgardie.

The West BCN 1 year ago
Beacon Minerals (ASX:BCN) to acquire tenements near Jaurdi, WA

Beacon Minerals (BCN) strikes a deal to acquire a mining lease and miscellaneous licence near its Jaurdi gold project in WAIt comes as part of the company’s wider strategy to increase the mine life of Jaurdi by acquiring projects that build...

themarketherald.com.au BCN 1 year ago
Closing Bell: Meek Monday belies terrifying Tuesday RBA meet and awful OPEC idea; DNK up 30% on potash sale

Benchmark spikes, falls, recovers, trips again, stays down.   Small caps just fall Delta Drones, Danakali rise   Choppy, dicey, angsty trade on Monday. Low volumes and high volatility. It’s almost like the markets themselves are in fact s...

Stockhead BCN 1 year ago
Gold Digger: Metals Focus says PGM demand will fall away from 2025. Others disagree

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...

Stockhead BCN 1 year ago
Beacon Minerals profit down in ‘very challenging times’

Rising costs reduced Beacon Minerals’ statutory net profit after tax in the 2021-22 financial year, a period that boss Graham McGarry called “very challenging times”.

The West BCN 1 year ago
Gold Digger: Gold stocks smashed, but prices stay stubbornly above $US1700/oz. Contrarian buy signal?

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...

Stockhead BCN 1 year ago
Gold Digger: Just feast your eyes on this giant nugget from the Beta Hunt mine

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...

Stockhead BCN 1 year ago
Gold Digger: US$3,000/oz gold price could be on the cards for 2023, mining boss says

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...

Stockhead BCN 1 year ago
Gold Digger: Is this the rally gold bugs have been waiting for?

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...

Stockhead BCN 1 year ago
Gold Digger: Gold slides 5% for July, recovery hinges on recession fears

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...

Stockhead BCN 1 year ago
Beacon exceeds full-year guidance at Jaurdi gold project

Another solid production quarter means Beacon Minerals has beaten its full-year guidance at the Jaurdi gold project north-west of Coolgardie.

The West BCN 1 year ago
Gold Digger: Gold battles the dollar for safe haven status and JP Morgan in the hot seat

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...

Stockhead BCN 1 year ago
Gold Digger: US retail demand for gold, silver bars ‘almost insatiable’, Metals Focus says

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...

Stockhead BCN 1 year ago