Articles On Beacon Minerals (ASX:BCN)

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...

  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...

Gold’s price was looking a bit lethargic after warm CPI weather blew in The World Gold Council eyes emerging markets and ‘seasonal strength’ in January The week’s top ASX gold-related stocks led by: GUE, CXU, SIH   Gold bugs will be hopin...

  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...

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...

Silver industrial demand is expected to break records in 2023 thanks to booming solar PV sector Silver market will post another sizeable 140Moz deficit in 2023 “These deficit conditions to persist for the foreseeable future”: Metals Focus...

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...

  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...

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...

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...

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...

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...

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...

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:...

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...

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...

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.

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...

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.

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

  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”...

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...

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...

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

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...

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...

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...

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...

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...

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...

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...

Current Aussie gold price of $3013.26/oz means an extra $450 per oz of unhedged production for our local miners Gold miner quarterly reports due to trickle in from later this month Weekly Small Cap Standouts: TechGen Metals, Labyrinth Reso...

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...

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...

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...

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...

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)...