Articles On De Grey Mining (ASX:DEG)

Summary The S&P/ASX200 ended 6.40 points higher at 7,315 ahead of the RBA policy decision due tomorrow. The index gained as much as 0.5% to hit an intraday high of 7,343.   Six of 11 sectors ended lower, while tech led the fall wi...

Summary The ASX 200 is likely to open on a flat note today. US jobs data revealed that the US jobs growth picked up pace in June 2021. On Friday, copper traded higher as market participants regarded the recent downturn in industrial m...

The new financial year is underway, so it is time for Garimpeiro to update his list of junior exploration and development stocks worth watching in the coming months. Garimpeiro’s last list of five stocks to watch appeared on November 23. 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...

Summary The ASX 200 ended 43 points or 0.59% higher at 7308.60, led by gains in energy, telecom, and banks Barring tech and consumer staples, all sectors ended in green. Edutech firm IDP Education was the top gainer, while intellectua...

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 ASX 200 was trading higher by 21.90 points or 0.30% at 7,287.50 by Friday afternoon. Barring tech, all sectors were trading in green, while energy was the top gainer. Gaming start-up BlueBet Holding made strong debut on th...

Summary The ASX 200 is likely to open 0.4% or 31 points higher, tracking strong closing on Wall Street. On Thursday, the US dollar hit a three-month high but traded mainly within a tight range. Copper prices tumbled as a stronger US d...

Summary The S&P/ASX200 dropped 57.90 points or 0.79% to 7,249 by Tuesday afternoon. The market witnessed broad-based selling as 10 of 11 sectors were flashing in red. The worsening COVID-19 situation in the country dented market s...

Summary The ASX 200 is poised to open lower on Tuesday, as surging cases of local transmission of coronavirus cases disrupted investor sentiment. On Wall Street, tech stocks rallied to take the NASDAQ 100 to an all-time high. On Monda...

Kairos Minerals (ASX: KAI) has started drilling a “sizeable” gold target at its Kangan project, 70km south of Port Hedland in Western Australia and only 20km from De Grey Mining’s (ASX: DEG) Hemi discovery. The company has kicked-off a 5,00...

ShareCafeThe Week that Was – June 21-25, 2021 We at ShareCafe understand you are busy and may not have been left with enough time to keep up with the quality content we’ve been bringing you throughout the week. To make it easier to do so, h...

Summary The ASX 200 traded higher by 17.80 points or 0.24% at 7,293, led by gains in bank and miners’ stocks. Six out of 11 sectoral indices were flashing in green, while material gained the most. Mining firm Chalice Mining was the to...

ShareCafeMarket Finally Digests Mallina Significance Investors finally cottoned on to the biggest gold discovery in Australia for two decades as shares in medium size miner De Grey Mining jumped nearly 8% yesterday to $1.33. De Grey release...

Summary The ASX 200 closed lower for the second day in a row, falling 0.32% to 7,275.30. The ASX health care and energy stocks were among top losers, while tech and consumer staples emerged as top gainers. Australian retailer Woolwort...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is fighting hard to get back into positive territory but has just fallen short. At the time of writing, the benchmark index is down 0.1% to 7,292.2 points. Four ASX shares that are n...

At lunch on Thursday, the S&P/ASX 200 Index (ASX: XJO) is on course to record another decline. The benchmark index is currently down 0.25% to 7,280.5 points. Here’s what is happening on the market today: Woolworths-Endeavour spin-off T...

There is nothing new about the Whim Creek copper mine in Western Australia’s north, but there are three reasons for investors to take a fresh look at an old mine under new management, which is also backed by a global mining giant and armed...

Summary The ASX 200 is set for another weak session with a 0.35% lower opening, after a new cluster of COVID-19 is found in the state of New South Wales. Flash US manufacturing PMI surged to a record high in June 2021, helping Wall Str...

De Grey has propelled its Hemi discovery straight into Tier 1 territory with the release of a maiden 6.8 million ounce gold resource for the deposit in WA’s Pilbara region. Adding interest, 41% – or 2.8Moz – of the much-awaited resource is...

The De Grey Mining Limited (ASX: DEG) share price is pushing higher on Wednesday. In early trade, the gold explorer’s shares are up 5% to $1.34. Why is the De Grey share price is pushing higher? The catalyst for the rise in the De Grey sha...

De Grey Mining has announced a highly anticipated maiden resource for its Hemi discovery, and substatially lifting the global resource for its Mallina project south of Port Hedland.

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...