Articles On Gateway Mining (ASX:GML)

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...

Gateway Mining (GML) has raised $6 million to advance its Gidgee Gold Project in Western Australia The share placement will comprise more than 352.9 million shares at 1.7 cents each, and an additional free-attaching option which is subject...

After a positive Monday to Thursday, the ASX wiped out gains made across the week, losing more than 1% today The ASX followed a plunge on Wall Street with the ASX 200 closing at 7,324, which was 1.44% lower than yesterday’s close. While Wal...

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...

Local stocks lost ground on Thursday, with minor falls at the big end of town and a slightly steeper drop of ~0.8% for the microcap Emerging Markets Index. The ASX opened with a weak lead from Wall Street, after a fortnight of steady gains...

Gateway Mining (GML) enters a trading halt pending an announcement regarding an upcoming capital raising The company will remain in the halt until November 1 or when the announcement is released, whichever occurs first On October 21, Gat...

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...

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 retreat in the gold price to less than $US1,800oz has given rise to a fresh round of corporate activity in the junior end the WA gold scene. Juniors with existing resource bases are the focus, the idea being that their development prosp...

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...

Stockhead’s ‘Garimpeiro’ columnist Barry FitzGerald is back in the studio for another instalment of The Explorers Podcast. The program is sponsored by emerging company specialist RM Corporate Finance. In this episode, Barry chats to Mark Co...

The ASX 200 closed 1% higher at 7,370 points, a level that saw it nearly recoup losses made earlier this week. The ASX Emerging Companies Index rose 1.64% to close at 2,554 points. All sectors were in the green with the biggest winners bein...

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...

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...

Gateway Mining is zeroing in on its next generation of targets to build a pipeline of potential resources across its Gidgee Gold Project in WA’s rich Murchison gold field. Gateway Mining (ASX:GML) has long shown the ability to focus on many...

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...

The discovery of a significant new zone of mineralisation has solidified Gateway’s belief that its Gidgee project in Western Australia is a large, high-grade gold system. The zone was intersected in reverse circulation and diamond drilling...

Wall Street, European stocks rebound on the dip All three US benchmarks rallied overnight, along with the European sharemarkets as investors bought the dip. The Dow Jones rose 1.62%, S&P 500 by 1.52%, while the Nasdaq rose by 1.57%. The...

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...

Gateway’s drilling has identified a new gold mineralised zone below and along strike from the existing 120,000oz Montague-Boulder resource at its Gidgee project. Importantly, the discovery of the new structure, which remains untested along...

Wall Street mixed, oil prices volatile The US markets returned from the long weekend Independence Day holiday, and posted mixed results. The Dow Jones fell by 0.60%, S&P 500 was down 0.20%, but the Nasdaq rose by 0.17%. The Pentagon has...

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...

Gateway Mining’s Gidgee gold project in WA is turning up more high-grade results, with infill RC drilling at the Evermore prospect returning coarse visible gold. Highlight results from 10 of the 91 hole 14,311m RC program included: 10m at...

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...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers during the trading day. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intrad...

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...

Gateway Mining (ASX:GML) hits shallow, high-grade gold over ~400m as systematic drilling “continues to uncover exciting new growth opportunities” at the +240,000oz Gidgee project. Results from a major 35,000m drilling campaign at ‘Gidgee’,...

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...

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...

New drill results have confirmed the continuity of high-grade mineralisation at the Evermore prospect within Gateway’s Gidgee gold project in WA. This would typically be a good result, but the drilling also includes a 4m intersection gradin...

The recovery in the gold price from its early March lows — ~$1,670s to over $1,825 currently — was mostly driven by the decline in real interest rates and, more recently a poor US jobs report and increasing inflation. US core inflation in A...

“When you stop growing you start dying,” is a saying the ASX’s largest gold miners have apparently taken to heart. While hopefully remaining cognisant of the expensive, value-destroying deals which occurred when gold last peaked in the 2010...

Gateway has extended the known mineralised system at the Evermore prospect by 200m to the south after initial results from recent drilling hit high-grade gold. The initial batch of assays from the current drilling program returned results s...

The gold price traditionally thrives on geopolitical drama. Heightened tensions in eastern Ukraine, the recent incident at an Iranian nuclear site, and news of an unofficial US delegation visiting Taiwan are recent reminders that 2021 will...

Gold continues to trend upwards on the back of US dollar’s ongoing weakness and concerns about inflation, so it’s unsurprising that the majority of gold plays on our watchlist have marked gains this week. The previous metal is currently tra...

The gold price may have languished slightly in 2021, but the number of gold IPOs certainly has not. Here’s what the newest ASX gold explorers are doing, where they are doing it, and why investors should care.   KINCORA COPPER (ASX:KCC) The...

A major 35,000m drilling campaign is progressing strongly at Gateway Mining’s (ASX:GML) 240,000oz-and-growing ‘Gidgee’ gold project in WA. Gateway’s main asset is the 1000sqkm Gidgee gold project, an emerging large-scale gold system in the...

Strange to think that it is a year since the world was turned upside down when the World Health Organisation declared COVID-19 a worldwide pandemic in mid-March 2020. In the week that followed the price of gold tumbled nearly $US200 to $US1...

A recent round of support for gold has seen the price consolidate above $US1,700 an ounce. However, with policy support from central banks, US stimulus and employment growth — underpinned by big infrastructure projects — you’d “expect gold...

Western Australia-focused explorer DiscovEx Resources (ASX: DCX) is forming an alliance with gold project developer Capricorn Metals (ASX:CMM), buying an adjacent project and getting Capricorn as a 12% shareholder. DiscovEx is acquiring the...

The share price of gold and base metals explorer Gateway Mining Ltd [ASX:GML] has exploded today upon the discovery of ‘significant high-grade gold’ at its Gidgee Gold Project in WA. GML shares began gathering downwards momentum in early Se...

KERRY Harmanis-backed Murchison explorer Gateway Mining is claiming another potentially significant high-grade discovery along the margin of the ...

Reverse circulation drilling by Gateway Mining (ASX: GML) at its Gidgee project in Western Australia has revealed a new gold target located between its two most advanced deposits. Wide-spaced drilling at the new target has hit 10m at 9.2 gr...