Articles On Canterbury Resources (ASX:CBY)
Title | Source | Codes | Date |
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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 | CBY | 1 year ago |
Alma to keep rigs spinning at full throttle to grow copper resource at Briggs porphyry
Alma Metals has wrapped up the first hole of a 3000m campaign to expand the large scale copper resource at its Briggs project in Central Queensland. Assays from the drill program, aiming to help expand the resource beyond its current level... |
Stockhead | CBY | 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 | CBY | 1 year ago |
Closing Bell: UBS says gold has both colour and fizz; Macca’s says same for Skyfii, up 64%
ASX 200 hits 4-day peak. Applause! The little market rises about 0.2% higher The skies the limit for Macca’s bound Skyfii The S&P/ASX 200 is ahead by about 0.35% at the close of trade in Sydney on Tuesday after hitting a four-day hi... |
Stockhead | CBY | 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 | CBY | 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 | CBY | 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 | CBY | 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 | CBY | 1 year ago |
Drilling kicks off at Canterbury Resources (ASX:CBY) and Alma Metals (ASX:ALM) Briggs project, QLD
Drilling is underway at Canterbury Resources (CBY) and Alma Metals (ALM) joint venture Briggs copper project in Central QueenslandUp to six diamond drill holes are planned in the 3000-metre programThe Briggs Central deposit has an Inferred... |
themarketherald.com.au | CBY | 1 year ago |
Closing Bell: Volatile gains on Tuesday as ResApp retires, Metals Grove adds 50% in pithy Pilbara pegmatite pop
Benchmark rises early, wobbles late, gains 0.4% Small caps all over the shop today, up 0.9% Metals Grove jumps over 50% Local markets have climbed the mountain of conflict today: (NB: explicit language). The ASX 200 index was initia... |
Stockhead | CBY | 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 | CBY | 1 year ago |
Closing Bell: Small caps cop out, Ode to ODE’s 70pc gain, and we know why Nickel Mines is actually Nickel Industries
ASX 200 gains 1% Small Caps index does the same, but then gives it all back ODE wins and NIC MD Justin Werner: Hengjaya joins world’s best nickel resources The ASX Emerging Companies index (XEC) has given all away its early gains on Mo... |
Stockhead | CBY | 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 | CBY | 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 | CBY | 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 | CBY | 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 | CBY | 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 | CBY | 2 years 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 | CBY | 2 years 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 | CBY | 2 years ago |
Gold Digger: The world’s top gold exec says bullion is enjoying ‘a new floor’ amidst inflation
Newmont’s Tom Palmer says gold may have found new floor of ~US$1600/oz in the wake of inflation With small gold miners are struggling with rising supply chain and labour costs, Palmer says consolidation in the sector makes sense Drilling r... |
Stockhead | CBY | 2 years ago |
Gold Digger: Old phones gathering dust? You’re sitting on a gold mine
1 gram of gold can be recovered from about 41 recycled mobile phones Mint Innovation can recover $US12,000 worth of gold from one tonne of old circuit boards Gold trades sideways at ~$US1,850/oz Our Gold Digger column wraps all the news d... |
Stockhead | CBY | 2 years ago |
Resources Top 5: This junior iron ore miner says first sales are ‘imminent’
Conico, Greenstone Resources surge as neighbour Galileo goes into trading halt Iron ore junior Freehill Mining says first sales are imminent from Chile project Porphyry hunters Alma Metals, Kincora Copper up on no news Here are the bigges... |
Stockhead | CBY | 2 years ago |
Gold Digger: CHART – Frail Aussie dollar has local gold miners sitting pretty
US gold price down more than 10% or $200 from its peak But Aussie gold miners faring better due to weak AUD-USD exchange rate This week’s ASX standouts: Twenty Seven Co, OzAurum Resources Our Gold Digger column wraps all the news driving... |
Stockhead | CBY | 2 years ago |
The right stuff: Alma returns high copper recoveries up at Briggs deposit
Alma’s metallurgical test work has returned copper recoveries of between 92% to 95% for the three types of mineralisation at the Briggs copper deposit in Queensland. What’s even more impressive for the work – which produced concentrates wit... |
Stockhead | CBY | 2 years ago |
Closing Bell: Tech stocks, consumer names lead as small caps close higher
The S&P/ASX Emerging Companies (XEC) Index is racking about 0.3% higher on Tuesday, while the benchmark ASX 200 (XJO) rose 0.7%, buoyed by a resurgent tech sector and a strong performance from consumer discretionary companies ahead of t... |
Stockhead | CBY | 2 years ago |
Gold Digger: Stagflation to push gold through $US2,200 later this year, expert says
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 $US1,960/oz Our... |
Stockhead | CBY | 2 years ago |
Gold Digger: ASX stocks perform strongly in a volatile week for gold
War gossip/news remains the main driver of gold prices. The precious metal is having one of those volatile weeks where unless they timed their entry and exit perfectly, investors probably had a tough time whether long or short, says OANDA s... |
Stockhead | CBY | 2 years ago |
Gold Digger: ‘Oversold’ ASX Gold index soars 19% in a month
A good week for gold, which is up 1.04% to ~$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... |
Stockhead | CBY | 2 years ago |
Closing Bell: It’s been a crazy good day on the small cap index, but beware madness sans method
The ASX Emerging Companies index (XEC) is up more than 1.5% on Thursday, while the benchmark ASX 200 is higher as well. Local investors are totally unconcerned by weak US futures when commodity prices behave like incensed lemmings. The alre... |
Stockhead | CBY | 2 years ago |
Copper boom brings Alma Metals to life in bid to develop Queensland porphyry
The positive outlook for copper prices as the world begins the long but accelerating transition from fossil fuels to renewable energy will unlock deposits previously thought uneconomic. The headline that the world needs more copper and will... |
Stockhead | CBY | 2 years ago |
Closing Bell: Emerging Co’s Index bullies Russian aggression, rises 2.75%
The ASX Emerging Companies Index (XEC) has recovered strongly on Wednesday, gaining 2.75%. The ASX200 also closed higher, gaining around 45 points or 0.6%. The market found its feet in afternoon trade, tech stocks leading the way. Look. Rat... |
Stockhead | CBY | 2 years ago |
Closing Bell: Screwball takeovers and lack of war lifts ASX, small caps stunned
So basically, this is how I read it. Because of two really screwball takeover ideas involving the A2 Milk Co and AGL Energy — two of the more screwball companies floating about on the benchmark index — the S&P/ASX200 is higher on Monda... |
Stockhead | CBY | 2 years ago |
AKN, SW1 and CBY: Three ASX penny stocks defying gravity today
Highlights The benchmark ASX Small Ordinaries index was 0.41% down to 3,278.4, by 12:30 PM AEDT. AKN, SW1 and CBY are a few ASX penny shares attracting investors today. Investing or trading in penny stocks should be done after proper... |
Kalkine Media | CBY | 2 years ago |
Gold Digger: War (what is it good for?)
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... |
Stockhead | CBY | 2 years ago |
Alma Metals (ASX:ALM) confirms “significant” resource growth at Briggs
Alma Metals (ALM) intersects copper mineralisation and confirms “significant” resource growth potential at the Briggs porphyry copper deposit in Queensland Reverse circulation (RC) drilling results have confirmed mineralisation up to 750... |
themarketherald.com.au | CBY | 2 years ago |
Canterbury Resources’ (ASX:CBY) reports “strong” drilling results at Briggs
Canterbury Resources (CBY) is reporting “strong” drilling results from the company’s Briggs Copper Project in Queensland The results confirm extensive porphyry copper-molybdenum mineralisation up to 750 metres along strike from the existin... |
themarketherald.com.au | CBY | 2 years ago |
Copper could be the best performing metal of 2022. Here are the producers, and the players hot on their heels
Last year, the price of copper rose 33%, but that was just the entree. Goldman Sachs reckons the red metal will hit a record US$12,000/t over the next month, up from ~$US9,700/t currently. That’s uncomfortably bullish, but even the more mil... |
Stockhead | CBY | 2 years ago |
Gold Digger: Investors are stashing a record amount of gold bars and coins as inflation fears bite
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... |
Stockhead | CBY | 2 years ago |
Gold Digger: Solar, electric vehicle demand could push silver market into long term deficit
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... |
Stockhead | CBY | 2 years ago |
Closing Bell: Gains across the small cap space as the ASX edges higher
The ASX edged higher in a fairly directionless session in Thursday trade, after US markets comfortably digested the latest round of inflation data overnight. The iron ore majors led the way with strong demand across the board, with more mut... |
Stockhead | CBY | 2 years ago |
Gold Digger: JP Morgan reckons gold’s gonna take a dive to $1,520/oz by Q4
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.... |
Stockhead | CBY | 2 years ago |
Gold Digger: Gold bulls are out in force, but expect turbulence
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$1,850/oz mark. Gold is currently... |
Stockhead | CBY | 2 years ago |
Gold Digger: Early 2022 gold rally could turn sour mid-year
It’s been fairly choppy for precious metals this year, with economic recovery, rising nominal yields and the potential for rate hikes dampening investors’ appetite for gold. But on the flip side, new virus variants, fears of stagflation and... |
Stockhead | CBY | 2 years ago |
Gold Digger: An inflationary bomb is about to go off. It’s time to prepare for the next gold bull market
US Fed chair Jerome Powell finally admitted that inflationary pressures weren’t going to be as short-lived as perhaps expected. Earlier this week Powell surprised markets by suggesting it would be appropriate to drop the phrase “inflation... |
Stockhead | CBY | 2 years ago |
Gold Digger: Gold’s renaissance was short-lived. Have prices bottomed out?
Following a 7.6% surge from late September, the price of gold briefly hit five-month highs of ~$US1,872/oz on fears that current high inflation levels are more than ‘transitional’. Gold is an ‘inflation hedge’; an investment that ostensibly... |
Stockhead | CBY | 2 years ago |
African Energy Resources (ASX:AFR) prepares for capital raise
African Energy Resources (AFR) enters a trading halt while it plans a capital raise The company recently entered an option to earn a majority interest in the Briggs and Mannersley porphyry copper project in Queensland As part of this, AFR... |
themarketherald.com.au | CBY | 2 years ago |
Gold Digger: These cheap gold stocks might not last long
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... |
Stockhead | CBY | 2 years ago |
Gold Digger: Prices lift off on growing inflation
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... |
Stockhead | CBY | 2 years ago |
Gold Digger: A global carbon tax could hit gold stocks right where it hurts
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... |
Stockhead | CBY | 2 years ago |
Gold Digger: Ounce-hungry gold miners investing big $$ in M&A, new developments
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... |
Stockhead | CBY | 2 years ago |