Articles On Focus Minerals (ASX:FML)

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...

Western Mines Group (ASX: WMG) reports that assays show its maiden drilling campaign at the Rock of Ages project in Western Australia intersected grades up to 9.18 grams per tonne gold. The recently completed reverse circulation program was...

Investors want to see gold miners wisely grow their production profile. Not like miners did during the last cycle, when some irrational, highly priced M&A action destroyed significant wealth. The big gold miners have a “lousy recent his...

There is a lot of uncertainty in the market due to tensions in China, rising interest rates and continuing economic recovery of the global COVID-19 pandemic, with investors fleeing for safe havens to park their cash in. Safe havens like gol...

The valuations of major gold miners remain weak despite falling debt and record dividends, according to the latest Metals Focus Gold Peer Group Analysis. Australia’s largest gold miners Newcrest (ASX:NCM), Northern Star (ASX:NST), and Evolu...

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...

Perth-based exploration company Western Mines Group (ASX: WMG) has completed a maiden drilling program at the Rock of Ages gold project, south-east of Laverton in Western Australia. The reverse circulation program was the first to properly...

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...

A drill rig and team are moving on to the Rock of Ages project owned by Western Mines Group (ASX: WMG) to undertake the first deep test drilling since in the 1980s. The Rock of Ages, near Laverton in Western Australia, was mined between 190...

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...

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...

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...

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...

Recent ASX entrant Western Mines Group (ASX: WMG) has firmed up high-grade gold potential of its Rock of Ages project in Western Australia after recent rock chip sampling returned over 13 grams per tonne gold. Located 32km southeast of Lave...

It is no longer just lip service — to create max value for shareholders, miners know they need good Environmental, Social and Governance (ESG) credentials. Failing to maintain good relationships with stakeholders (like governments, local co...

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...

Following June 2021 quarter drilling programs there has been a 66% conversion of the December 2020 resource to the indicated status.

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...

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...

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...

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...

West Australian gold explorer Focus Minerals (ASX: FML) is pleased to release an updated corporate presentation, discussing its flagship Coolgardie and Laverton Gold Projects, to be given at the Company’s AGM in Perth this morning. HIGHLIG...

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...

West Australian gold explorer Focus Minerals (ASX: FML) announced Mineral Resource updates for the Big Blow and Happy Jack deposits, part of the Coolgardie Gold Project (Coolgardie). HIGHLIGHTS Big Blow and Happy Jack Mineral Resources up...

West Australian gold explorer Focus Minerals (ASX: FML) announced the engagement of a professional environmental consultancy group, 360 Environmental, to facilitate environmental and health & safety approvals process for the mining of G...