Articles On De Grey Mining (ASX:DEG)

Summary On Wednesday, the ASX 200 is looking to open 0.1% lower, likely to be dragged by energy and mining stocks. Bitcoin tried to recover after falling below US$30,000, and is up by 3.55%, at US$32,628. The benchmark iron ore future...

Summary According to the ASX 200 futures, the benchmark index is expected to open 1.35% or 96 points higher this morning. Yields on 10-year Treasuries notes turned higher on Monday, after falling to a four-month low of 1.354%. The Aus...

Summary The ASX 200 is poised to open lower today, taking cues from a weak closing on Wall Street. The US Fed’s stance propelled the US dollar towards its largest weekly gain since April 2020. On Friday, gold struggled to recover and...

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...

Summary The ASX 200 is headed for a weaker start on Friday, after snapping its 4-day winning streak on Thursday. The US dollar rose sharply on Thursday, gaining 0.53%, to 91.892, its highest level since mid-April. Gold shed more than...

Summary The ASX 200 ends 27.20 points or 0.37% lower at 7,359. Seven out of 11 sectors ended in red, while telecom and energy emerging as the worst performer. The market sentiment was dented as US Federal Reserve indicated a rate hike...

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...

Summary The ASX 200 index is poised to open 0.2% or around 15 points higher. The benchmark 10-year US Treasury yield jumped on the Fed’s statement, rising to 1.5278%. The US equity markets reacted immediately following the Fed’s state...

Summary The ASX 200 breached 7,400 level for the first time to hit a fresh high of 7,406.20. The index closed 6.70 points higher at 7,386.20 ahead of the US Fed meeting scheduled tonight. The widely anticipated US Fed policy statement...

Summary The ASX 200 sets a new record by crossing 7,400 level for the first time. The benchmark trades higher by 23.50 points or 0.32% at 7,403 by afternoon. Nine of the 11 sectors are trading higher, with energy gaining the most, ris...

Summary According to the ASX 200 futures, the index is set to open around 0.1% or 9 points lower today. US Treasury yields remained steady ahead of the conclusion of the Fed’s two-day meeting on Wednesday. Gold prices eased as the dol...

Summary The ASX 200 was trading higher at 7,387.50, up 75.20 points or 1.03% by Tuesday afternoon. The index headed towards 7,400, led by a strong rally in healthcare, tech, financial and consumer staples stocks. Healthcare firm ResMe...

At lunch on Tuesday, the S&P/ASX 200 Index (ASX: XJO) is on course to start the week with a strong gain. The benchmark index is currently up 1% to 7,384.8 points. Here’s what has been happening on the market today: Tech shares charge h...

Summary Today, the ASX 200 is expected to open 0.8% or 56 points higher, tracking a record closing on Wall Street. The US dollar fell slightly on Monday after logging its largest weekly gain in over a month, gaining over 0.4%. On Mond...

Junior joint venture partners Coda Minerals (ASX:COD) and Torrens Mining (ASX:TRN) have hit 200m of “intense IOCG alteration”, including ~50m of copper sulphides at the ‘Elizabeth Creek’ project in the Stuart Shelf region of South Australia...

Another Melbourne lockdown has starved Garimpeiro of the usual flow of junior resources stock ideas that his barfly approach to gathering information normally delivers. So this week he has reached out for some professional help from John Fo...

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...

Summary The ASX 200 is expected to open almost flat as light positions are preferred ahead of a holiday-extended weekend. US inflation surged 5% in May, compared to the same month last year. Gold prices inched up after data showed US...

Being able to say ‘I told you so’. It’s every small cap investor’s dream.   Identifying potential in an undervalued stock ahead of the curve, going in and watching it grow as others catch on is what market-made fortunes are built on. Of cou...

Summary The ASX 200 opened marginally lower, down 4.60 points at 7,265.60, after subdued overnight trade on Wall Street. However, shares soon rebounded and by 10:30 AM (AEST), the ASX 200 was trading at 7,290.20, up 0.20%. The domesti...

Kairos Minerals (ASX: KAI) reports it has defined a new exploration target at its Pilbara gold project south of Port Hedland containing between 4.4 million tonnes to 7.4Mt of gold bearing ore. The target, which has grades ranging between 1....

Summary The ASX 200 is expected to open 0.1% lower, after a weak session on Wall Street. The Australian and the New Zealand dollars had a rangebound trading session on Wednesday. On Thursday, the US consumer price data is due to be re...

Summary The Australian share market opened flat on Wednesday, gaining just 30 points to 7,298.90. By 10:30 AM (AEST), the ASX 200 was trading 0.51% higher at 7,330. The surge was driven by a 1.2% gain for the materials sector, which i...

Summary The ASX 200 may open 0.3% higher on Wednesday after a reasonably positive overnight trade on Wall Street. The domestic energy stocks would gain from a jump in oil prices, although moves are expected to be small. The ASX 200, w...

Summary According to the ASX 200 futures, the index is expected to open flat on the back of a weak closing on Wall Street. The Aussie closed 0.4% lower at $0.7739, after gaining 1.04% on Friday, while the New Zealand dollar was up by 0...

Summary The ASX 200 is set to open marginally higher, taking cues from a strong Wall Street closing. The so-called "meme stocks" continued their wild swings, with AMC Entertainment closing 83.4% up on a weekly basis. Crude oil surged...

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...

At lunch on Friday, the S&P/ASX 200 Index (ASX: XJO) is fighting hard to stay in positive territory. The benchmark index is currently up 0.1% to 7,265.9 points. Here’s what is happening on the market today: Tech shares under pressure It...

The S&P/ASX 200 Index (ASX: XJO) has slipped 0.1% from record all-time highs on Friday. This follows a weak overnight performance on Wall Street with all three indices, the Nasdaq Composite (NASDAQ: .IXIC), S&P 500 Index (SP: .INX)...

Golden State Mining (ASX:GSM) has been awarded more ground in an underexplored but highly prospective gold, base metal and lithium province. The award of the 210sqkm Yule East tenement takes the company’s footprint in the Mallina Basin up t...

Summary The ASX 200 is expected to open flat after two days of continuous rally The dollar index rose 0.622 points, or 0.69%, to 90.531 after falling around 1.6% in May. Gold slid as much as 2.3% as robust US employment data, and serv...

Summary According to the ASX 200 futures, the benchmark index is expected to open 0.15% or 11 points higher in today’s session.   The US manufacturing activity picked up pace in May as pent-up demand amid a reopening economy has booste...

Summary According to the ASX 200 futures, the ASX 200 is expected to open 0.6% or 43 points lower. On Monday, the US market was closed on account of Memorial Day. Gold inched up higher on Monday and recorded its biggest monthly gain s...

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...

Summary The ASX 200 is set to open 0.75% or 54 points higher in today’s session. US posts a robust 6.4% GDP growth in the first quarter while jobless claims drop sharply. Safe-haven gold retreated on Thursday, weighed down by the risi...

Summary The ASX was trading flat at 7,095 with marginal gains by afternoon, tracking a muted session on Wall Street. Costa Group Holdings was the top percentage loser of the ASX, falling nearly 23% to AU$3.43. Seven of 11 sectors were...

De Grey (ASX:DEG) is now hitting gold from near surface to 500m vertical depth at the 1km-long ‘Falcon’ intrusion at Hemi. The mineralisation remains open, the company says. At Falcon — ~600m west of Brolga and immediately south of Aquila –...

Summary The ASX 200 is expected to open 0.2% or 13 points higher in today’s session. On Wall Street, all three broader market indices ended in green driven by communication services and consumer discretionary shares. The kiwi dollar c...

Summary The ASX 200 is trading lower by 8.60 points or 0.12% to 7,106.60 at the close, weighed down by energy and mining stocks. The healthcare sector was the worst performer, falling 0.87%, followed by energy, materials, and A-REIT....

Summary As per the ASX 200 futures, the benchmark index is expected to open 0.25% higher on Tuesday. The Australian dollar, which is a commodity-price sensitive currency, closed the session 0.33% up, at $0.7752 on Monday. Bitcoin was...

Summary The ASX 200 trades higher by 15.20 points or 0.22% to 7045.50 at the close, led by gains in heavyweight healthcare and energy stocks. Retail player Kogan.Com and gold miner Silver Lake Resources are top performing stocks on the...

Summary TheASX 200 trades lower by 3.60 points at 7026.70 by the afternoon, paring early gains. Retain giant Kogan.com, up over 6%, was the best performer in the benchmark index, while EML Payments was the top loser with a near-4% fall...

Summary Today, the ASX 200 is expected to open with a minor downtick of 0.1% or about 5 points. Cryptocurrencies continued their downtrend after China doubled down on its efforts to curb speculations and trading with these coins. Gold...

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...

Summary The Australian benchmark index is set to open 0.5% higher on Friday, extending rally from the previous trading session. Cryptocurrencies bounced back sharply from their recent sharp drop after crypto backers such as Ark Invest'...

A junior explorer chasing Hemi-style targets in the steaming Pilbara gold space is back on deck with a full wallet to bankroll a long-awaited drill drive. New Age Exploration (ASX: NAE) has been refreshed from a short break while varying th...

Summary The S&P/ASX200 plummets 1.70% to 6945 amid broad-based selling. All 11 sectors were trading in red, while energy was the top laggard, falling over 2.5%. EML Payments was the top percentage loser on ASX, dropping over 37%...

Summary According to the ASX 200 futures, the spot index is set to open 1.05% or 74 points lower. The US dollar has been showing weakness against numerous pairs since April. Brent crude oil surpassed US$70 a barrel for the first time...

Summary Extending gain for the third session, the ASX200 trades higher by 70 points or 0.51% at 7,059.30. Nuix led the pack with a 9% gain, while St Barbara nosedived over 10%, making it the top loser. Six of 11 sectors traded higher,...

Summary The ASX 200 is set to close higher for third straight session on Tuesday, led by gains in gold and energy stocks. Software firm Nuix Limited (ASX:NXL) emerged as top gainer today, rising 11.6% to AU$3.505. On the sectoral fron...