Articles On Capricorn Metals (ASX:CMM)

The ASX tech sector succumbed to the latest selloff in tech equities globally. dragging the rest of the bourse down with it. The ASX 200 retreated 0.7% to close at 7,379 points while the ASX Emerging Companies Index lost 1.06%, closing at 2...

The Capricorn Metals Ltd (ASX: CMM) share price has soared well into the green across today’s session. At the time of writing, the gold producer’s share price is $2.23, up 21.53%. Today’s gains come as the company announced it had acquired...

The ASX 200 touched intraday record highs, but could not hold on and closed the day just shy of its all time high. The benchmark index finished 0.46% higher at 7,428, and is now on track to finish July on a 10-month winning streak. Six out...

Ask A Fund Manager The Motley Fool chats with fund managers so that you can get an insight into how the professionals think. In this edition, The Montgomery Fund portfolio manager Joseph Kim tells how he sees value buys across many ASX sec...

The ASX clawed back initial gains to start the week, closing virtually flat today. The ASX 200 closed at 7,394 which was neck and neck with the point it closed at on Friday despite gaining as much as 0.3% in early trade. Meanwhile, the ASX...

An additional news report on the recommendation, valuation, forecast and opinion changes for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now added The Au...

Most ASX large cap sectors finished in the red today, in a topsy-turvy session which saw the ASX200 fall sharply at the open then claw back ground, before losing steam into the close of trade. Yesterday’s rotation out of large cap mining &a...

The biggest news out of big caps today came out of Wesfarmers (ASX:WES), which put a $680 million takeover offer on the table for Australian Pharmaceutical Industries (ASX:API) for $1.38 a share. According to Wesfarmers, the rationale behin...

It is no longer just lip service — to create max value for shareholders, miners know they need good Environmental, Social and Governance (ESG) credentials. Failing to maintain good relationships with stakeholders (like governments, local co...

ShareCafeMidas Lays Hands on Pilbara Region June’s upgrade at DeGrey’s Mining’s Mallina find and Rio Tinto’s huge Winu low grade discovery have confirmed that the ‘hot’ new gold hunting areas in Australia are the wide-open spaces of the Pil...

Gold had its worst month since November 2016 in June, down 7% to $US1,779/oz. Mining and exploration stocks have followed suit. This bearish trend creates a buying opportunity, experts say. Boutique investment advisory firm head Frank Holme...

Summary The S&P/ASX200 declined 0.65% to close at 7,265.60. Barring materials and tech, all sectors ended in red. The resurgence of COVID-19 cases and lockdown restrictions dented market sentiment. The Australian shares closed...

Summary The S&P/ASX200 traded lower by 28.50 points or 0.39% at 7,284 by Thursday afternoon. The market sentiment was dented by curbs in various parts of Australia amid surging coronavirus cases of the Delta variant. Seven of the...

Capricorn Metals has become Australia’s newest gold producer with a pour at its $175 million Karlawinda project 70km south-east of Newman.

Capricorn Metals has started continuous ore processing at its Karlawinda gold project in Western Australia following the completed construction of its wholly owned site. According to a company report, commissioning activities were completed...

The market giveth and the market taketh. Truer words have never been spoken with gold prices diving nearly US$100 in less than a day after the US Federal Reserve signalled higher inflation and that interest rates could rise twice by 2023. G...

Most of the big names in Australian gold mining have had a rough ride recently as the gold price has struggled to reclaim last year’s all-time high, but it’s a different story at the small end of the game where exploration success is the ke...

Gold is re-starting its bull rally as two major obstacles — higher US Treasury yields and Bitcoin — fizzle. “Strong headwinds from parabolic Bitcoin and rising bond yields appear to have run their course,” Bloomberg Intelligence senior comm...

Capricorn Metals is a junior gold company that is entering an exciting time in its development phase. With the company very close to first gold pour and commissioning underway at its 100 per cent owned Karlawinda project in WA, there is sig...

Gold’s rally ran out of puff this week, with the precious metal dropping about 2% below ~$1US1,870/oz at Thursday close. Kitco’s Jim Wyckoff calls it “routine profit taking”. “Importantly, the price uptrend in gold on the daily chart remain...

Australian gold production fell by nine tonnes for a total of 74 for the March quarter, down 11 per cent on the previous period, according to gold consultants Surbiton Associates. The output was worth $5.5 billion at the quarter’s average g...

Over the past two months the gold price has turned a corner, up ~12.7% to a high of $US1898/oz. That’s a four month high, erasing almost all of 2021’s losses. The share prices of local gold stocks have responded in kind. Over the past month...

BETTER gains on a day when the patch was up nearly 2% overall included the likes of Capricorn Metals, which looks like it could be timing its run ...

Are large Bitcoin investors moving back into precious metals? In a note to clients, JPMorgan said large institutional investors are dumping bitcoin in favour of gold, reversing a trend that’s played out over the last two quarters. “The bitc...

The recovery in the gold price from its early March lows — ~$1,670s to over $1,825 currently — was mostly driven by the decline in real interest rates and, more recently a poor US jobs report and increasing inflation. US core inflation in A...

“When you stop growing you start dying,” is a saying the ASX’s largest gold miners have apparently taken to heart. While hopefully remaining cognisant of the expensive, value-destroying deals which occurred when gold last peaked in the 2010...

The gold price traditionally thrives on geopolitical drama. Heightened tensions in eastern Ukraine, the recent incident at an Iranian nuclear site, and news of an unofficial US delegation visiting Taiwan are recent reminders that 2021 will...

Gold continues to trend upwards on the back of US dollar’s ongoing weakness and concerns about inflation, so it’s unsurprising that the majority of gold plays on our watchlist have marked gains this week. The previous metal is currently tra...

The gold price may have languished slightly in 2021, but the number of gold IPOs certainly has not. Here’s what the newest ASX gold explorers are doing, where they are doing it, and why investors should care.   KINCORA COPPER (ASX:KCC) The...

Rox’s move to consolidate its shares and spin-off its nickel and base metal assets is all about its long-term growth as a gold-focused play. Key to this is the company’s move to carry out a 1 for 15 consolidation of its shares that will dra...

Capricorn Metals is edging closer to developing Australia’s next gold mine at the Karlawinda project in the Pilbara as the company looks to bring the 110,000 to 125,000 ounce-per-annum Birba gold mine to life in the June quarter.

World Overnight SPI Overnight (Jun) 6766.00 + 56.00 0.83% S&P ASX 200 6738.40 – 61.10 – 0.90% S&P500 3958.55 – 12.54 – 0.32% Nasdaq Comp 13045.40 – 14.25 – 0.11% DJIA 33066.96 – 104.41 – 0.31% S&P500 VIX 19.61 – 1....

World Overnight SPI Overnight (Jun) 6804.00 + 44.00 0.65% S&P ASX 200 6799.50 – 24.70 – 0.36% S&P500 3971.09 – 3.45 – 0.09% Nasdaq Comp 13059.65 – 79.08 – 0.60% DJIA 33171.37 + 98.49 0.30% S&P500 VIX 20.74 + 1.88 9...

Strange to think that it is a year since the world was turned upside down when the World Health Organisation declared COVID-19 a worldwide pandemic in mid-March 2020. In the week that followed the price of gold tumbled nearly $US200 to $US1...

A recent round of support for gold has seen the price consolidate above $US1,700 an ounce. However, with policy support from central banks, US stimulus and employment growth — underpinned by big infrastructure projects — you’d “expect gold...

ASX-listed aspiring WA gold producer, Capricorn Metals has taken up an approximately 12 per cent strategic shareholding in Pilbara neighbour DiscovEx Resources via a $1.2 million investment in the latter’s $4 million capital raises.

Western Australia-focused explorer DiscovEx Resources (ASX: DCX) is forming an alliance with gold project developer Capricorn Metals (ASX:CMM), buying an adjacent project and getting Capricorn as a 12% shareholder. DiscovEx is acquiring the...

For goldies, 2020 was a year when good news was rewarded, and great news celebrated. The precious metal has gained about 22 per cent year-to-date despite treading water since mid-August. And there’s a strong chance 2021 will start off with...

MACA will proceed with an acquisition of Downer EDI’s surface contract mining business, Mining West, for $175 million, taking over $1.1 billion worth of contracts. The business comprises four large Western Australian contracts: Fortescue Me...

AN experienced team of professionals that has worked with Pilbara-focused companies Millennium Minerals and Capricorn Metals, and successful ...

South32 has agreed to sell its minerals royalties to gold-focussed royalty company Elemental Royalties for a total consideration of $US55 million ($75 million). This includes three gold royalties and a non-gold royalty of “immaterial value”...

MACA has flagged that its strong streak of mining contracts will continue in the 2021 financial year with a work-in-hand position of $2.4 billion in September 2020. The mining contractor is currently seeing positive market conditions throug...

Capricorn Metals has awarded a contract to Way Electrical for plant electrical installation at the Karlawinda gold project in Western Australia. Capricorn stated that this was the final significant construction contract for the build of the...

ASX-listed budding WA gold producer, Capricorn Metals, continues to reel off key development milestones on its way to starting up gold production at its Karlawinda project about 60km south-east of Newman in the Pilbara region.

ASX-listed budding WA gold producer, Capricorn Metals, continues to reel off key development milestones on its way to starting up gold production at its Karlawinda project about 60km south-east of Newman in the Pilbara region.

Australian Mining is proud to announce the finalists for the 2020 Australian Mining Prospect Awards. The Australian Mining Prospect Awards Epiroc Contract Miner of the Year award recognises excellence in contract mining, engineering, projec...

ASX-listed aspiring gold producer, Capricorn Metals, says it is on track to pour first gold by mid-2021 at its under-construction, stand-alone Karlawinda gold mine about 60km south-east of Newman in the Pilbara with the development proceedi...

GOLD was trading at US$1900.40 an ounce at the time of writing. The fall dragged down equities. Today's leader Capricorn Metals confirmed its ...

The stars aligned for Day 2 of Diggers and Dealers in Kalgoorlie with a robust uptick in futures markets indicating that the market was poised for a strong day and some upbeat activity was occurring in the commodities space. Gold was sittin...

The capital raising wave shows no sign of crashing with August’s total coming in at $4.7bn. Once again resources companies raised more than any other sector — $163m of the $296m raised by companies with market capitalisations below $100m. F...