Articles On Focus Minerals (ASX:FML)

EVN’s Jake Klein predicts US$2-US$3,000/oz gold price for this time next year Is a wave of merger and acquisition activity coming in the ASX gold space? Bounce back in vehicle production to boost PGM demand Gold price hits a four-week high...

Gold price hits three-week high post-FOMC rates decision ASX Quarterly Gold Wrap: producers hit a low bar, investors are pleased Gold demand falls in H1 as cost-of-living pressures bite, WGC says Our Gold Digger column wraps all the news...

Cazaly is drilling at its Halls Creek copper project, but has continued exploration at its other prospective gold plays in WA – namely the Ashburton and Yabby projects. An Airborne Electromagnetic (AEM) Survey is expected to be flown this w...

Gold is down 5% for July and on a broader downward trajectory, Metals Focus says Aeris Resources’ Golden Plateau deposit could extend the mine life at Cracow Golden State Mining has kicked off drilling at the Yule project in WA   Our Gold...

The US dollar looks set to reach 20-year highs, impacting gold’s safe haven status JP Morgan employees on trial in Chicago after ‘spoofing trades’ accusations PGM supply through the recycling of auto catalysts has taken a hit ‘cos Covid O...

Swiss data shows the highest total January to May bullion shipments since 2018 On a year-to-date basis US gold imports surged by 170% to 103t US also the largest destination for Swiss silver bullion, accounting for ~30% of the total; up fr...

Newmont’s Tom Palmer says gold may have found new floor of ~US$1600/oz in the wake of inflation With small gold miners are struggling with rising supply chain and labour costs, Palmer says consolidation in the sector makes sense Drilling r...

Approval has been granted for Western Australian gold company Focus Minerals’ mining proposal for its Greenfields Open Pit in Coolgardie. The go-ahead by the Department of Mines, Industry Regulation and Safety enables commencement of mining...

Focus Minerals’ (FML) mining proposal for the Greenfields Open Pit in Western Australia is given the green light to proceed The proposal was cleared by the Department of Mines, Industry Regulation and Safety (DMIRS), and will pave the way...

Cazaly has completed infill lag sampling across four anomalous surface geochemical gold targets at the Yabby project just 10km west of Laverton, Western Australia. This program followed up on initial sampling that had identified the four tr...

1 gram of gold can be recovered from about 41 recycled mobile phones Mint Innovation can recover $US12,000 worth of gold from one tonne of old circuit boards Gold trades sideways at ~$US1,850/oz Our Gold Digger column wraps all the news d...

Plans to revive Focus Minerals’ Coolgardie Gold Project in Western Australia could get under way in July or August, by which time the miner expects to award a refurbishment contract for its Three Mile Hill plant, which will have a historica...

Focus Minerals expects to award the Three Mile Hill processing plant refurbishment contract by July-August, with a 12-month timeline estimated for the Coolgardie project

Focus Minerals (FML) has announced mineral resource updates for two deposits within its Coolgardie project in WA The Jolly Briton deposit’s maiden MRE sits at 902,000 tonnes at 1.33 grams per tonne (g/t) gold for 38,600 ounces Patricia Jea...

US gold price down more than 10% or $200 from its peak But Aussie gold miners faring better due to weak AUD-USD exchange rate This week’s ASX standouts: Twenty Seven Co, OzAurum Resources Our Gold Digger column wraps all the news driving...

Focus Minerals has unveiled a maiden open-pit mineral resource for the Euro North deposit at its 100 per cent-owned Laverton Gold Project.

Gold price to hit $US2,200 as stagflation fears take hold U.S. and allies officially prohibit all transactions with Russia involving gold, one of its financial lifelines. Will it work? Gold price rebounds over past week to $US1,960/oz Our...

War gossip/news remains the main driver of gold prices. The precious metal is having one of those volatile weeks where unless they timed their entry and exit perfectly, investors probably had a tough time whether long or short, says OANDA s...

A good week for gold, which is up 1.04% to ~$US1,940/oz at time of writing. History shows us war doesn’t usually trigger an extended rally, but news flow – or lack thereof – coming out of Ukraine continues to be the biggest influence on the...

Theta Gold Mines’ (TGM) unsolicited takeover for certain shares in fellow ASX-lister Focus Minerals (FML) has expired and won’t be extended The gold developer proposed to takeover all of Focus’ shares in December, claiming it was an “attra...

Investors generally buy gold as a way of diversifying risk when s..t hits the proverbial fan. That’s why the precious metal appears to perform well in times of war or political instability. Conversely, stocks and bonds perform best in a sta...

Theta Gold (TGM) has lobbed an improved offer at Focus Minerals (FML) of 5 new TGM shares for every 2 Focus shares, a 40.4 per cent premium the closing price of Focus shares on February 11, 2022 TGM has also extended the offer period for i...

Alas. After teasing gold bugs with a push through $1,840/oz over the past week, we are now back below ~$US1,800/oz. Gold stocks can’t seem to catch a break. What gives? I don’t get it. PM miners didn’t even get the windfall of the market w...

WA gold miner Focus Minerals has announced a maiden mineral resource estimate for the Lancefield Far North deposit, part of the company’s Laverton gold project.

Focus Minerals (FML) releases a maiden mineral resource estimate (MRE) for the Lancefield Far North deposit in Western Australia The MRE reads 790,000 tonnes at 1.34 grams per tonne (g/t) gold for 33,900 ounces and was calculated from lim...

Global silver demand hit ~1.02 billion ounces in 2021, the first time it has breached 1 billion since 2015, according to the Silver Institute. Of that, industrial demand hit a new high of 524 million ounces. And of that, photovoltaic (solar...

The benchmark ASX 200 was up by 2% on the first day of trading in 2022. The ASX Emerging Companies Index (XEC) also rose in step, up by 1.6%. All eleven ASX sectors finished higher, with the energy and mining sectors leading the pack. In en...

Gold is holding steady above US$1,800/oz – currently trading at US$1816.60. Some players are confident the gold market will trend net positive next year as the market digests the reality of the past 24 months. But commodity analysts at J.P....

China’s Shandong Gold has lifted its stake in Focus Minerals to well over 50 per cent as part of a $25.5 million capital raising, effectively torpedoing an unlikely takeover by Theta Gold Mines.

Highlights The ASX 200 was trading 1.6 points up at 7,511.4 in early trade. As Asia markets closed in the red on Wednesday, European stock markets closed mixed. The utilities sector is the biggest laggard today, falling 1.3%. The...

Focus Minerals (FML) raises $25.5 million through a non-renounceable entitlement offer The offer saw shares offered at an issue price of 25 cents each, with 384 valid applications received, implying 9.4 per cent of shareholders participate...

Wall Street edges higher on thin trading US stockmarket indexes were mixed overnight on thin trading volume, as the Dow Jones recorded its sixth straight day of gains. The Dow finished 0.25% higher, the S&P 500 was up 0.14%, but tech he...

With gold spending most of the past week hovering around the US$1,800/oz (A$2,485/oz) mark, speculation has turned away from whether the precious metal can hold its gains to asking if it can test hit the US$1,850/oz mark. Gold is currently...

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...

Theta Gold Mines (TGM) has made an off-market takeover offer to acquire all the shares on issue in Focus Minerals (FML) TGM will offer 2 of its own shares for every 1 FML shares on issue, giving Focus an assumed value of 36 cents each Thet...

If the takeover bid pulls through, Theta will add some local assets to its exploration portfolio, establishing a network of precious metal properties across three iconic goldfields.

West Australian gold explorer Focus Minerals has approved a plan to resume mining operations at its fully-owned Coolgardie gold project. The plan targets recommencing operations at Coolgardie during 2022 but acknowledges that this timeframe...

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...

A mine emblematic of the collapse of the gold sector in 2013 is poised for its long-awaited revival. Focus Minerals (ASX:FML) shut its Coolgardie, Laverton and The Mount operations as gold prices nosedived in 2013 amid high operating costs....

Chinese-backed gold play Focus Minerals has pushed the button on the long-awaited restart of its Coolgardie gold mine courtesy of a $46 million rights issue and debt from major shareholder Shandong Gold.

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...

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...

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...

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...

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...

Gold stocks are cheap, experts keep saying. Well-known analyst Jesse Felder has now demonstrated the “pathetic performance” of the US gold majors in handy chart form. The US listed BANG stocks (Felder’s play on FANG) include gold giants Bar...

The +9Moz, ~350,000ozpa ‘Kyuchus’ field will be one of Russia’s biggest gold mining projects. Kyuchus was first discovered in 1963, but its isolation in the harsh Arctic climate of the Yakutia region has, so far, stymied numerous developmen...