Articles On De Grey Mining (ASX:DEG)

New drilling and a heritage survey are planned for next month by Kairos Minerals (ASX: KAI) at its Mt York project following what the company describes as “highly encouraging” soil and rock chip sampling at a new target area. That new targe...

IRIS Metals (ASX: IR1) is set to make its ASX debut on Thursday following an oversubscribed $7 million IPO that was cornerstoned by resource entrepreneur Levi Mochkin’s investment vehicle NASDAQ Securities Australia. Last month, IRIS launch...

Following a successful $7 million raising, cornerstoned by an entity associated with successful resource entrepreneur and investor, Levi Mochkin, IRIS Metals, is due to list on the ASX this Thursday. It has great expectations for its teneme...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) has bounced back from a very bad start and is edging higher. At the time of writing, the benchmark index is up slightly to 7,254.8 points. Four ASX shares that are climbing more than...

De Grey has reported high gold recoveries from metallurgical testwork at the Falcon and Crow zones at the Hemi discovery within the Mallina gold project in the Pilbara.  Five separate (two oxide, three primary) composites achieved an averag...

The ASX 200 lost 0.92% today, taking the benchmark index lower by 0.20% for the week. The local market was trading in the red since the opening bell, with miners hit especially hard. The Mining sector was the worst performer today, falling...

It’s been a frustrating few months for gold bulls. As an investment hedge, gold shines during periods of poor or volatile market sentiment. It loves drama like pandemics, civil wars, or the unprecedented failure of the Lehman Brothers in 20...

Gold continues to consolidate around $US1,800/oz which, if we went back in time to July 2020, would be cause for celebration. Back then $US1,800/oz was an eight-year high and bullish sentiment was nudging even the shittiest exploration stoc...

Tolga Kumova’s taste in high-powered cars reflects his status as one of Australia’s highest profile investment success stories – it’s probably little surprise the man drives a Ferrari. What may surprise you, however, is the recent revelati...

De Grey’s Hemi discovery is already a major success story, but further high-grade gold hits at the Eagle and Diucon targets indicates there’s room to grow. Drilling up to 160m west of the Eagle maiden resource returned intervals such as 9m...

Impact is laying the groundwork to start drilling at the Doonia gold project near Kambalda, Western Australia, with a Heritage Survey kicking off this week. The survey by the Ngadju Group will be carried out in preparation for a 3,000m reve...

A heritage survey run by the traditional Ngadju Group will commence this week at Impact Minerals’ (ASX: IPT) 80%-owned Doonia gold project, located 75 kilometres east of the world-class St Ives gold mining centre in Western Australia. The s...

Highlights The Australian share market is set to open higher on Tuesday, extending the rally seen in the latter half of session on the first day of the week. The benchmark index ASX 200 is expected to open 16 points or 0.2% higher afte...

The ASX 200 finished strong to end the day higher, after being down for most of the day. The biggest losses were in the Energy sector, which fell by more than 1.7% as oil prices dropped 1% on Friday. Energy plays like Woodside Petroleum (AS...

Caeneus Minerals (ASX: CAD) is now half-way through its maiden aircore drilling program and has unearthed visible sulphides at Roberts Hill near De Grey Mining’s (ASX: DEG) famed Hemi discovery in Western Australia’s Pilbara. The company ha...

Highlights The Australian share market is set to open lower on Monday after S&P 500 and Dow Jones closed last week on a mixed note. The ASX 200 is expected to open 23 points or 0.3% lower. US Dollar Futures Index decreased by 0.10...

BHP (ASX:BHP) lost nearly 7% after trading ex-dividend today, and has wiped all of its 2021 gains and more. The BHP stock price was also under pressure after spot iron ore price fell by almost 6% overnight. Meanwhile, it’s been a reporting...

The ASX 200 index fell today,  despite the latest Australian GDP data showing a 0.7% growth in the last quarter, beating expectations of 0.3%. The data however did not take into account the latest lockdowns, and economists are expecting a f...

New Age has completed the acquisition of highly-prospective gold tenements in Western Australia’s Pilbara region from Canada’s Monterey Minerals. The three tenements are located north and about 50km from De Grey Mining’s play-opening Hemi d...

Gold bugs would be breathing a sigh of relief this week as the price stabilises just shy of $US1,800/oz ($2,463/oz Aussie) thanks to Monday’s healthy 1.5% gain. While there are plenty of other red hot sectors attracting investor dollars rig...

Highlights The ASX200 closed higher for third day, rising 0.39% to 7,531.90. Software firm WiseTech Global emerged as top gainer, while Reece topped the loser’s chart. Asian shares traded mostly lower, led by Taiwan’s Weighted Stock I...

Caeneus Minerals’ drilling program over its ground, north of De Grey Mining’s headline grabbing Hemi gold discovery, looks to be on the money with the company’s geologists logging sulphide mineralisation in a significant number of drill hol...

Maiden exploration by Caeneus Minerals (ASX: CAD) at the Roberts Hill gold project in Western Australia’s Pilbara region has identified disseminated sulphides within numerous drillholes. The company has completed approximately 25% of a plan...

Highlights The ASX200 ended higher for the second day with a 0.2% gain. The market sentiment was lifted by the US FDA approval of the Pfizer-BioNTech COVID-19 vaccine. Infection prevention company Nanosonics topped the gainer list wit...

The ASX 200 closed higher on the day, but it was outpaced by the smaller end of town as the ASX microcap Emerging Companies index jumped by more than 2%. Gains were led by the ASX 200 Information Technology sector, which rose more than 1%....

The gold price itself had 12 months of consolidation. Now we are entering a new stage of a bull market which Barry Dawes of Martin Place Securities believes “will take it much, much higher”. In the big scheme of things, the pullback we have...

Golden State has wrapped up drilling over three targets at its Yule project in the Mallina Basin, Pilbara, that is close to the giant, play-opening Hemi discovery. The gold focused  program totalling 3,542m was carried out over targets 1 Ea...

Highlights Australian benchmark index, the ASX200, gained 0.6% to hit a new high of 7,632.8.  The index ended the week with a 1.2% gain, led by a sustained rally in financial, utilities and telecom stocks. Retailer Premier Investment...

On Sunday, a chaotic ‘flash crash’ saw the gold price plummet into the $US1600s per ounce before staging a mild recovery. Experts mostly point to a better than expected jobs report out of the US for heavy selling that saw the traditional he...

Gold’s 10% fall over the past three months has rubbed some of the gloss off the metal, but not the investment case of an emerging producer as this tale of two miners demonstrates. In Capricorn Metals (ASX: CMM) versus Calidus Resources (ASX...

The ASX 200 traded sideways today, and ended the day flat, rising just 2 points to 7,540. Financials led, rising by 1.4% following announcements from Suncorp (ASX:SUN) and NAB (ASX:NAB). Gold miners were the worst performers, as gold price...

The De Grey Mining Limited (ASX: DEG) share price has tanked more than 8% in Monday trading. Shares in the mining company are deep in the red despite the company releasing promising drill results earlier this morning. Let’s take a closer l...

Drilling at De Grey’s Eagle deposit has demonstrated clear potential to increase the 6.8-million-ounce Hemi mineral resource estimate (MRE). Extensions 240m to the west of the MRE include new results of: 31m at 3.6 g/t from 241m; 81m at 0....

As an uncorrelated asset – value not tied to larger fluctuations in the traditional markets — gold has had “its lunch cut a bit” by crypto, PCF Capital’s Liam Twigger says. “There is an article in the last Economist asking, ‘what happens if...

Summary News Corporation (ASX:NWS) posts a record 30% rise in revenues, shares zoom up on ASX Family Zone (ASX:FZO) acquires UK-based Smoothwall for A$146 million ResMed (ASX:RMD) reports strong Q4-FY21 results The S&P/ASX200...

MULTI national gold miner and potential future De Grey Mining suitor SSR Mining has delivered another good operational quarter and declared a ...

Fortescue Metals Group (ASX:FMG) CEO Elizabeth Gaines predicts steel production in China will not drop below 2020 levels despite talk of production cuts in the steelmaking powerhouse. She told delegates at the Diggers and Dealers Mining For...

It is 2021 and green hydrogen always had to make an appearance, so Fortescue Metals Group’s (ASX:FMG) closing presentation at 3.30pm AWST will be one to look out for. CEO Elizabeth Gaines is not Twiggy Forrest himself, who seems to have com...

Guy on Rocks is a Stockhead series looking at the significant happenings of the resources market each week. Former geologist and experienced stockbroker Guy Le Page, director and responsible executive at Perth-based financial services provi...

After years as a sideline act copper has emerged as one of the most celebrated commodities of this year’s Diggers and Dealers Mining Forum in Kalgoorlie, stealing the thunder from the gold, nickel and iron ore crowds. This graph from Solgol...

The big boys are coming out to play on Day 2 of Diggers and Dealers , with BHP (ASX:BHP), Newcrest (ASX:NCM), Roy Hill and Evolution (ASX:EVN) all taking the stage at the Goldfields Arts Centre in Kalgoorlie this morning. Newcrest as usual...

The Chinese Government may be quietly satisfied after sentiment around steel production cuts finally knocked down the iron ore price, hammering it 7% to a tick over US$180/t on Friday. That led to a pretty bad day for the iron ore miners, w...

Caeneus Minerals (ASX: CAD) has started the maiden drilling program for its Roberts Hill gold project in the Mallina Basin near Port Hedland in Western Australia’s north. The company is completing a 20,000m aircore program across the 170 sq...

IRIS Metals is set to become the latest Kookynie entrant to join the ASX boards, with its sights set on following the recent exploration successes other companies have had in the Kookynie mining camp. The company’s portfolio includes teneme...

‘Tis the season as the mining industry’s top table gather for a soiree in Kalgoorlie, the beating heart of the West Australian resources scene. The ultimate gabfest Diggers and Dealers kicks off on Monday, with presenters from Roy Hill, BHP...

Strong consumer buying and modest institutional investment helped create gold demand of 955.1 tonnes over Q2 – a 9% rise from Q1 2021, and in line with the equivalent period last year. While both consumers and retail investors were purchasi...

Summary The Australian share market has opened almost unchanged on the last day of the week. The A-VIX, measuring the volatility of the Australian equities, is down 4.9%, to 12.097. Sezzle Inc. has more than doubled its merchant sales...

The ASX200 chalked up another day of gains in Thursday trade, and once again it was resources leading the way. The ASX200 Materials index posted a solid 1.51% gain, and has now risen by at least 1% on five of the last seven trading days. Pr...

The winning streak for local stocks ran out of steam today, as all the major ASX200 indexes dipped into the red. After two straight days of >1% gains, the ASX200 Materials index (mining) dipped by around 0.70% in Wednesday trade. The ASX...

Kairos Minerals (ASX: KAI) is anticipating a “vast” amount of drill results in the coming weeks with drilling now complete at the Kangan project near De Grey Mining’s (ASX: DEG) 6.8 million ounce gold Hemi discovery. Located in Western Aust...