Articles On De Grey Mining (ASX:DEG)

New Age Exploration (NAE) has completed a 1500-metre reverse circulation (RC) series at its central Pilbara gold tenements The company has since reported multiple high priority “Hemi-style” and structural gold targets for immediate drill t...

The S&P/ASX 200 Index (ASX: XJO) has just ended the week on a positive note. The benchmark index has risen 0.1% to 7,304 points. Four ASX shares that climbed more than most today are listed below. Here’s why they were pushing higher:...

The De Grey Mining Limited (ASX: DEG) share price is charging higher, up almost 7% to $1.16 in early afternoon trade. The All Ordinaries Index (ASX: XAO) is in the green as well, up 0.5%. Below we take a look at the latest gold results fro...

De Grey Mining (DEG) extends the Diucon deposit to 550 metres depth at the Hemi Prospect near Port Hedland in WA Resource definition drilling uncovered broad zones of high grade mineralisation near surface at the deposit, with results incl...

The ASX 200 posted its third straight losing session on Thursday with a fall of 0.38%. Local stocks were unable to find their mojo even after strong gains across all the major US indices, following the US Fed policy announcement overnight....

New WA nickel explorer Nimy Resources (ASX: NIM) has hit the ground running, with the first stage of its multi-pronged exploration program already well underway. Fresh from raising $6 million after costs via its IPO, Nimy is exploring for n...

ASX gold shares could be poised to rebound in the new year after a top broker upgraded its forecasts for the sector. The news could not come at a better time for gold bulls. ASX gold miners are exiting 2021 nursing losses even as the S&amp...

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...

Eagle zone’s latest high-grade results from infill and extensional drilling at Hemi  – part of De Grey’s Mallina gold project in WA – have highlighted the potential for underground mining. DeGrey Mining says the gold mineralisation is simil...

De Grey Mining (DEG) has returned intercepts of up to 143.5 grams per tonne (g/t) gold during drilling at the Eagle zone of Hemi within the Mallina Gold Project The company has been carrying out extensional and infill drilling at Eagle, id...

Hopes that the new Omicron strain will have a less-pronounced impact on travel and consumer confidence have bolstered stocks this week. Scientists and vaccine makers are still assessing the severity of Omicron and how well existing vaccines...

Drill rigs are coming at a premium, labs are backed up like a clogged pipe and IPOs are emerging at a rate of knots. There seems little doubt the exploration sector on the ASX is enjoying buoyant conditions, especially those locked behind M...

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...

Highlights Gold and silver rebounded amid fear of the new variant of coronavirus. Vaccine manufacturer, Moderna stated that the current vaccine has lower efficiency on the new variant of coronavirus. US Federal Reserve Chairman, Jerom...

After climbing more than 1% in morning trade, local large caps lost ground in the afternoon session as the ASX 200 finished up eking out a 0.22% gain. The big end of town was clearly outshone by the microcap Emerging Companies index, which...

Progress at Caeneus Minerals’ (ASX: CAD) highly-prospective Roberts Hill gold project in Western Australia’s Pilbara region has been delayed by up to two months due to an assay backlog at the company’s Perth-based laboratory. An influx of d...

Caeneus Minerals (ASX: CAD) revealed it is expecting assays between mid-December and early January from aircore drilling at its highly-prospective Roberts Hill project, which is only 5km of D Grey Mining’s Hemi gold project in the Western A...

Raiden Resources (RDN) begins its maiden reverse circulation (RC) drilling program at its Arrow North Project in Western Australia A total of 5000 metres of RC drilling will be undertaken to targer Hemi-style gold mineralisation Raiden wi...

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...

Nimy Resources (ASX: NIM) is set to commence a multi-pronged exploration program at its district-scale Mons nickel project in Western Australia. The move to ramp up the systematic program on several fronts follows the company’s ASX debut ye...

Gold bulls believe that the ASX precious metals sector is currently a value investor’s dream. Famous resources investor Rick Rule calls it “universally too cheap” and Tony Locantro, investment manager at investment and advisory firm Alto Ca...

Only a few weeks after big bank Westpac (ASX:WBC) downgraded its profit, two directors took a leap of faith by purchasing shares on market. Westpac downgraded its profit expectations by $1.3 million and it predominantly blamed a $965 millio...

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...

Raiden Resources (RDN) successfully completes the first aboriginal heritage survey at its Arrow North Project in Western Australia This heritage survey was the first step in the preparation of the upcoming 5000-metre reverse circulation d...

It’s not just your imagination. Rising publicity around ‘critical minerals’, ESG and battery metals is having a transformative impact on the value and make-up of Australia’s resources sector. The proof is in the pudding as they say, and thi...

The ASX 200 rebounded by 0.13% today, after posting losses over the last two days. Healthcare, Real Estate and Consumer Staples were the best sectors rising by 1% each, while Energy was the main laggard losing 1%. Falls in energy stocks fol...

Copper is one of the most sought after commodities in the world right now, and Evolution Mining (ASX:EVN) has become the latest major gold miner to bet big on the “decarbonisation” commodity. Evolution will pay Glencore $1 billion to acquir...

Redcastle Resources (RC1) is the latest West Australian gold explorer looking to make its debut on the ASX The business owns a prospective area of land in the Redcastle Mining Centre of WA, where gold was first discovered in 1895 It’s also...

The ASX 200 continues its slide, down by 0.63% today after a 0.67% fall yesterday. Stocks were sold off following an ABS data release showing a 3.4% surge in white collar salaries in the year ending September. Overall wages also rose 2.2 pe...

Highlights 8 AU is a diversified mineral explorer with a strong project portfolio in Western Australia. The Company is set to get listed on the Australian Securities Exchange in December 2021. The IPO opened for subscription on 25 Oct...

Wide-spaced pathfinder aircore drilling by Kairos Minerals has intercepted anomalous gold and lithium at its Kangan project near De Grey Mining’s spectacular 6.8 million ounce Pilbara Hemi gold discovery.

Diversified explorer Kairos Minerals (ASX: KAI) has intersected anomalous gold and lithium during a maiden drilling campaign at its wholly-owned Kangan project, 70 kilometres south of Port Hedland in Western Australia. The company drilled 1...

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...

The De Grey Mining Limited (ASX: DEG) share price performed exceptionally well on Thursday. Shares in the gold explorer gained momentum throughout the day after the company released infill results to the market. These results were positiv...

Mining stocks have defied a bearish market, seemingly riding debt-ridden Chinese property giant Evergrande’s near death experience into a sea of bright green. The company appeared to have entered a default overnight before miraculously find...

The ASX 200 finished lower by 0.37% today, extending its loss for the week to over 1%. Local stocks fell following broad-based selloff on Wall Street overnight triggered by the US inflation data, which rose at a pace not seen since the earl...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) has followed the lead of Wall Street and is tumbling lower. At the time of writing, the benchmark index is down 0.65% to 7,376.6 points. Four ASX shares that are not letting that hol...

Infill drilling has been undertaken within the Brolga stage-1 pit as a risk control exercise while exploration drilling continues across Greater Hemi and Regionally.  De Grey’s (ASX:DEG) new infill results have returned thick mineralised i...

De Grey Mining’s (DEG) latest infill results return thick mineralised intervals from the Brolga Stage 1 Pit at the Mallina Gold Project in WA Drilling was conducted as part of a prefeasibility study, with infill results including 80 metres...

While Wall Street has been on a tear, local large caps have struggled for traction to start the week. The ASX 200 traded flat today to finish 0.1%, as gains in resources were offset by falls in banking and energy stocks. The big end of town...

Apollo Consolidated (ASX:AOP) shareholders hoping for a takeover battle between suitors Gold Road Resources (ASX:GOR) and Ramelius Resources (ASX:RMS) are set to be disappointed. The game of oneupmanship lasted just a couple rounds as Gold...

Canadian listed Novo Resources said it has identified multiple untested magnetic anomalies comparable to the gold-bearing intrusions at De Grey Mining’s extraordinary nine-million-ounce Hemi gold discovery.

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...

‘Drill hard’ has been the approach of busy WA gold explorer Yandal Resources (ASX:YRL) since it listed on the ASX about three years ago. With a backing of a very tightly held and supportive register, YRL is drilling 100,000m for 2021 in the...

Perth-based explorer Kairos Minerals (ASX: KAI) has identified two extensive new lithium-caesium-tantalum (LCT) anomalies at its wholly-owned Wodgina project south of Port Hedland in Western Australia. The targets were generated from prelim...

Shares in Kairos Minerals (KAI) trade green this afternoon after the junior explorer reveals two new lithium-caesium-tantalum (LCT) targets at its Wodgina Project in WA The targets come from a geochemical sampling program in the area from...

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...

Financial stocks were the only sector in the green today, with the benchmark ASX 200 index falling by 0.3% at the close. It was the first time this week the local bourse finished in the red, in a broad-brushed selloff led by the Energy sect...

Caeneus expects first assay results from 16,000m drilling program at ‘Roberts Hill’ project in second half of November Global Lithium shoots up ~18% before going into pause, pending a further announcement regarding a cap raise Mamba picks...

Carnaby Resources (CNB) extends the Strelley Gold Corridor to more than four kilometres of strike in Western Australia’s Pilbara region The company has received composite results from reverse circulation (RC) drilling at the Alcazar and St...