Articles On Beacon Minerals (ASX:BCN)

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)...

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...

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

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...

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...

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...

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...

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...

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...

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.

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...

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...

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...

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...

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...

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...

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’...

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

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.

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.

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...

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...

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...

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...

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...

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.

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...

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...

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...

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...

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...

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...

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...

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...

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,...

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...

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...

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

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...