Articles On GBM Resources (ASX:GBZ)

S&P/ASX 200 fell 2.94% in April as all Australian equity indexes fell except Emerging Companies Utilities and Materials the only ASX sectors in positive territory for April, up 4.77% and 0.61% respectively Rincon Resources  tops the wi...

GBM Resources (ASX:GBZ) reports permitting and plans for tolling material from the Portia Gold Mine are progressing with all parties including the South Australian Department for Energy and Mining. Separately, project economics for furth...

  GBM Resources Limited (ASX:GBZ) Managing Director Peter Rohner provides an update on the company's projects, discussing the JV with Newcrest Mining (ASX:NCM) and recent divestments. Abbey Phillipps: We're talking today to the Managing Dir...

GBM Resources (ASX:GBZ) is planning a follow-up drill testing program in Q4 2023 on a newly identified magnetite shear zone at its Mt Margaret iron-oxide copper-gold (IOCG) Project in Queensland.  The $12.31 million market capitalisation co...

We’re in the middle of a growing copper conundrum, fuelled by increasingly challenging supply streams and higher demand pressures as the shift to net-zero carbon emissions proves to be one of the greatest challenges of the 21st century. As...

RBA Board kicks the nation in the goolies again, demanding another 25 basis points Investors seemingly caught by surprise, tanking the market in a matter of minutes Pinnacle Minerals let off the leash by the ASX, but still ahead of the gam...

GBM Resources (GBZ) identifies potential new resources at its Twin Hills gold project in central Queensland The resources were found during a review of historical data and drilling from 2022 to identify exploration targets The Twin Hi...

Queensland-based exploration company GBM Resources (ASX:GBZ) is focused towards future explorations for finalising its drill testing targets at the Twin Hills Gold Project in Queensland, Australia.  The company is continuing to conduct inte...

Aussie Google searches for ‘how to buy and gold and silver’ at 12 year highs Reporting season: Wednesday small cap standouts: GBM Resources, Ora Banda Mining Our Gold Digger column wraps all the news driving ASX stocks with exposure to pr...

Stockhead’s In-Case-You-Missed-It highlights some strongest performing ASX stocks that might have slipped your notice today.  It’s a short, sharp update to help frame the trading day by showing some of the biggest movers in percentage terms...

Queensland-based mineral exploration and development company GBM Resources (ASX:GBZ) has signed a sale and purchase agreement (SPA) with TSX-listed company Novo Resources (TSX:NVO) for the Malmsbury Gold Project in Victoria. As part of the...

GBM has banked a solid $1m from the sale of its remaining 50% interest in the non-core Malmsbury gold project in the Victorian Goldfields to Canada’s Novo Resources. The sale comes as the company progresses operations in the Drummond Basin...

ShareCafeMining stocks lift ASX 0.51% higher at close by Peter Milios   At the closing bell, the S&P/ASX 200 was 0.51 per cent higher at 7,361.60, driven by gains in mining companies, which offset losses in health and property sectors....

Mineral exploration and development GBM Resources (ASX:GBZ) has begun diamond drilling at the Mount Margaret Project, located adjacent to the Ernest Henry copper-gold mine within the Cloncurry Project in Northwest Queensland. The company re...

14 Apr 2023 - A snapshot of the stocks on the move featuring Sunstone Metals (ASX:STM), GBM Resources (ASX:GBZ) and Vection Technologies (ASX:VR1).

ShareCafeGold miners help ASX up 0.19% at noon by Peter Milios   Shares in gold mining companies rose on Friday as the price of gold approached record highs due to concerns about a potential US recession and a weaker US dollar. Gold produce...

ShareCafeStocks of the Hour: STM, GBZ, VR1                    Sunstone Metals (ASX:STM) announced that their drilling has intersected more visible gold at the Limon target within the Bramaderos project in southern Ecuador. Sunstone Ma...

GBM Resources says a new geological model has provided a ‘significant high-grade’ vein target at its Yandan gold project. The model for the East Hill deposit and the broader Yandan mineral system demonstrates that the known mineralisation i...

The ASX is set to rise again on Wednesday Wall Street rallied on the back of bank stocks as Yellen eased concerns Fed interest rates decision ahead   The ASX is set to rise for a second straight day. At 7.30am AEDT, the ASX 200 April futu...

GBM has substantially improved the confidence and quality of gold resources at its Yandan project within the Drummond Basin following a key update. Almost half (47%) of the resource of 15.9Mt grading 1 gram per tonne (g/t) gold, or 514,500o...

Kalamazoo Resources (KZR) sells its 50 per cent stake in the Queens project in Victoria to joint venture partner Novo Resources for $1.5 million The sale comprises A$750,000 in cash and A$750,000 in Novo stock Kalamazoo says the sale...

GBM Resources (GBZ) sells its remaining 50 per cent interest in the Malmsbury gold project within the Victorian Goldfields The company will receive $1 million from TSX-listed Novo Resources as part of the deal, plus the issue of more tha...

RockTalk is a Stockhead video series featuring a roundtable of resources experts discussing a new macro topic each week.   In this episode, host Peter Strachan sits down with two emerging gold exploration and development companies to take a...

Its quarterlies season again as the ASX market announcements page becomes increasingly flooded with earnings lodgements. To save you the trouble of trudging through it all, we’ve wrapped up the highlights from some of the reports that caugh...

GBM has upgraded resources at its Twin Hills gold project in the Drummond Basin, northern Queensland to within a hair of the magic million ounce mark. The project is now assessed to have 999,200oz of contained gold, up 31% from the previous...

GBM’s intersection of high-grade gold has underscored its belief that the Malmsbury joint venture project in Victoria is highly prospective for gold mineralisation. Drilling at the Queens Birthday (MD20) and Leven Star (MD21) reefs returned...

Its quarterlies season again as the ASX market announcements page becomes increasingly flooded with earnings lodgements. To save you the trouble of trudging through it all, we’ve wrapped up the highlights from some of the reports that caugh...

Since reaching its peak in the summer of 2020, silver has fallen ~35% Smart money is going net long on silver, speculators almost net short; a good sign for silver outlook say Goehring & Rozencwajg This week’s top ASX precious metals s...

GBM Resources (GBZ) signs a farm-in agreement with Newcrest Operations, a subsidiary of Newcrest Mining (NCM), to advance its Mount Coolon Gold project in QueenslandNewcrest can acquire an interest of up to 75 per cent in the Mount Coolon t...

USD gold price continues to fall, currently $US1,621/oz Mixed bag of results for gold producers in Q1: Perseus, Northern Star outperformers so far Weekly small cap standouts: Strickland metals, Medallion Metals. GBM Resources Our Gold Dig...

GBM’s belief in the potential of its Mount Coolon gold project (and the wider Drummond Basin) has been validated in a big way with Newcrest signing up for a $25m farm-in agreement. Under the agreement, Newcrest will have the right to earn u...

21 Oct 2022 - A snapshot of the stocks on the move featuring Podium Minerals (ASX:POD), Life360 (ASX:360), GBM Resources (ASX:GBZ).

ShareCafeGrim start to last trading day for the week: ASX down 0.8% by Peter Milios   Energy and Information Technology are the only sectors up at noon, as the ASX looks to close out a pretty moderate week. The energy sector got a boost fro...

ShareCafeStocks of the Hour: POD, 360, GBZ                    Podium Minerals Limited (ASX:POD) announced 5E PGM1 results have been received for all outstanding drill holes, including the Central Ore Zone and the diamond core tailed h...

GBM Resources inks $25m farm in agreement with Newcrest over 330,000oz Mount Coolon project Strickland to spin out its Iroquois zinc-lead, Bryah Basin copper-gold projects into a new ASX company Resource update for Podium’s 3Moz Parkes Ree...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

British PM Liz Truss quits, paving the way for Boris Johnson to come back Wall St fell overnight on higher rates outlook Yen breached 150 for the first time in 30 years   Local shares are set to fall on Friday, tracking the losses in New...

GBM Resources has entered into funding arrangements to continue exploration and mineral resource upgrade activities at its highly prospective Drummond Basin tenements in Queensland. The funds will come from the issue of secured convertible...

GBM’s exploration of its highly prospective Drummond Basin assets will shift into overdrive after the company raised $10m at a substantial premium. The funds will be raised through the issue of two $5m convertible notes to Collins Street Co...

GBM Resources (GBZ) secures a funding package to support exploration and development activities at its Drummond Basin tenements in QueenslandThis package includes a notes raise to issue Collins Street Convertible Note Fund up to $10 million...

ASX 200 jumps 1.8%  Small Caps index adds 0.8% TYR and AQC lead small cap wins   The ASX Emerging Companies index (XEC) has risen 0.7% on Thursday. The benchmark 200 index climbed 1.8% on heavy late trade following quasi-dovish language...

ASX 200 ends 1.4% lower Emerging Co’s index sheds 0.7% I knew IRIS Metals would do well today The S&P/ASX Emerging Companies index (XEC) fell by abut 0.7% on Wednesday. The benchmark 200 index was down 1.4%. Across the bourse (and th...

GBM Resources (GBZ) enters a trading halt ahead of a capital raiseTrading of GBZ shares will be paused until Friday, September 9, or until the company releases further details about the funds it is looking to raiseWhilst it is not yet known...

GBM has clearly demonstrated why it is so keen to focus on its Drummond Basin assets with the final holes at its Twin Hills project spitting out thick, significant zones of gold. Excellent results such as 81m grading 2.5 grams per tonne (g/...

GBM has completed its sale of the Mayfield copper-gold project in Queensland to C29 Metals for $210,000 in cash and 1.56 million C29 shares. It follows C29 exercising the option agreement from February and GBM executing a binding agreement...

GBM Resources has sold its Mt Morgan gold-copper project in Queensland to Canadian company Smartset Services. GBM had received shareholder approval at the 2021 Annual General Meeting to proceed with the transaction. The agreement sees GBM v...

GBM has executed a binding agreement to sell its non-core Mt Morgan gold-copper project to Smartset Services, allowing it to focus on its flagship Drummond Basin gold assets. The company will receive 20,459,545 shares in Smartset for the pr...

GBM Resources (GBZ) executes a binding agreement for the sale of its Mt Morgan project in Queensland to TSXV-listed Smartset Services In exchange for the Mt Morgan tenements, GBM will receive more than 20.45 million Smartset shares as well...

GBM’s run of gold hits at the 309 Deposit is continuing with more high-grade mineralisation identified outside of the existing resource model. This is highlighted by the 19m zone grading 5.22 grams per tonne (g/t) gold from a down-hole dept...

The ASX is set to open higher on Friday Wall Street and European stock markets rallied overnight Oil and Bitcoin have also climbed back up The ASX 200 is set to extend Thursday’s gains, with the July futures index pointing higher by 0.80%...