Articles On Golden Rim Resources (ASX:GMR)

Golden Rim Resources (GMR) launches a $8.3 million capital raise, primarily to fund programs at its Kada gold project in Eastern GuineaThe company expects to raise $2.44 million through a placement, while the remaining $5.89 million will be...

Central banks buying gold at the fastest pace on record Another gold bull signal for 2023 — the crypto collapse Global silver demand on course for record high in 2022 Our Gold Digger column wraps all the news driving ASX stocks with expos...

Gold could have steady path towards $US1,800 level if dollar weakness remains: OANDA ASX gold miners surging this week, led by Evolution Mining +30%, Capricorn Metals +27%, and Regis Resources +27% Weekly small cap standouts: Focus Mineral...

Just five miners/ near-term gold miners are in the green over the past 12 months They include Tietto Minerals, Ora Banda Mining, Emerald Resources, Capricorn Metals and Perseus Mining Top precious metals stocks this week: Hamelin Gold, Zul...

Golden Rim Resources (GMR) appoints Tim Strong as CEO from November 1 after Craig Mackay announces his departure from the companyAfter 21 years with Golden Rim, Mr Mackay will step down as Managing Director but will continue as a Director f...

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...

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...

Retail investment in gold, silver has either hit new peaks or held up at multi-year highs, says Metals Focus 1 ounce gold Maple Leaf in the US commands a 40% premium at the retail level, for example This week’s top movers: Sihayo, Dacian,...

PGM demand will remain strong until about 2025, when it will start to fall off a cliff: Metals Focus Why 2025? Because that’s when electrification of transport really kicks up a gear However, Bridge Street Capital analyst Chris Baker belie...

Fitch has downgraded its gold outlook but expects prices to remain “elevated in the coming years compared to pre-Covid levels” Contrarian argument: “It is also a sector full of M&A possibilities as gold equities haven’t been this ‘chea...

Arcadia Minerals increases Bitterwasser lithium resources by 560% Auking Mining uncovers new copper discovery near established 4.8Mt resource Horseshoe (copper, gold, rare earths), Athena (iron ore) and Golden Rim (gold) up on no news Her...

TSX listed Korara Resources finds another massive nugget stash at the Beta Hunt mine near Kalgoorlie The new discovery just below the super-rich, 30,000oz Fathers Day Vein China imported more than 80 tons (or 2.56Moz) of gold worth $US4.4b...

Golden Rim Resources (GMR) loses the opportunity to make $22.3 million through a divestment after a deal to sell its Burkina Faso gold assets falls through GMR had signed a binding agreement with BAOR SARL to sell two gold projects in Burk...

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...

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...

Golden Rim Resources (GMR) highlights bedrock gold anomalies at the Bereko prospect within its Kada project in Guinea The two main anomalies include the Western Anomaly which extends for 2.3 kilometres and returned a peak gold value of 960...

June was a dreadful month for resources stocks. The S&P/ASX 200 Materials index (XMJ) went into freefall, shedding a substantial 14%. The XMJ is currently looking at a year-to-date loss of ~10%. Part of the fall can be attributed to an...

The ASX200 makes it four gains in a row The small cap index remains uninspired despite some strong individual performances HRL and 4DX deliver huge returns on Tuesday   The benchmark XJO is up by 0.6%. The little XEC index is not. The ASX...

GMR surges after divesting Burkino Faso gold assets for US$15m cash  ARR’s Halleck Creek project returns ‘outstanding’ rare earth drilling results A8G extends partnershp with CSIRO to uncover lithium potential in Northern Territory  Here...

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...

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...

Golden Rim Resources (GMR) receives the last batch of results from its recent 57-hole drilling effort at its Kada gold project in Guinea Positively, the company says the program achieved its goal of finding additional oxide gold mineralisa...

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...

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...

West African gold explorer Golden Rim Resources (GMR) begins a 2000-metre infill auger drilling program at its Kada gold project in Guinea Drilling will be completed at the Bereko and Bereko South prospects to understand the extent and tre...

“Initial RC drilling results strongly suggest both areas could deliver satellite oxide gold resources we can add to our maiden 930,000-ounce gold mineral resource at Kada’s Massan Prospect," says MD Craig Mackay.

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...

Exploration company Golden Rim Resources (GMR) buys a further 26 per cent interest in the Kada gold project in eastern Guinea, taking its total interest to 51 per cent The requirements of its second earn-in interest is satisfied in the Kad...

Golden Rim Resources (GMR) recommences reverse circulation (RC) drilling at its Kada gold project in Guinea The program plans for 5000 metres of drilling, with the first assays expected late this month The drilling will focus on targeting...

Golden Rim Resources (GMR) commences an induced polarisation / ground magnetics geophysical survey along its 15km Kada gold project in Guinea The survey aims aims to provide Golden Rim with a better understanding of the distribution and st...

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...

The Emerging Companies Index (XEC) climbed more than 2% higher on Thursday, before closing at 1.9%, while its benchmark colleague – the upmarket ASX 200 followed Wall Street’s ascendence, trading up a shade over 1% after the Fed lifted inte...

Golden Rim Resources (GMR) announces firm commitments from shareholders, key strategic and institutional investors to raise $6.3 million, consisting of a $5.3 million share placement in two tranches and a $1 million share purchase plan (SP...

The recent super-toppy prices of Australia’s major commodity exports took a rare backward step today as analysts began to count the cost of China’s latest no-Covid lockdowns. The mega-miners and most of the energy names dragged heavily on T...

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...

The test-work program provides a sound basis for scoping and economic studies and will assist with targeting of resource extensional and infill drilling during 2022.

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...

West African gold explorer Golden Rim Resources (GMR) releases a maiden mineral resource estimate (MRE) for its Kada Project in Guinea The MRE reads 25.5 million tonnes at 1.1g/t gold for 930,000 ounces of contained gold and is in the infe...

“The maiden mineral resource estimate at Kada is a major milestone for Golden Rim and comes approximately 12 months after acquiring the project and commencing work which reflects the extraordinary effort from our personnel and, in particula...

Golden Rim Resources (GMR) has continued to intersect broad zones of shallow, oxide gold mineralisation at its Kada gold project in Guinea The company received assays for 12 holes drilled to test bedrock gold targets along the Kada gold co...

A second phase of RC drilling is in the works, while GMR plans to unveil its maiden MRE for the Kada gold camp imminently.

Golden Rim Resources (GMR) records a gold hit of 171.5 grams per tonne from rock chip sampling at one of several gold prospects at its Kada gold project in Guinea The company has received all assays from its second-round auger drilling at...

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...

Golden Rim Resources (GMR) has discovered a new zone of broad oxide gold mineralisation at the Kada gold project in Guinea Exploration drilling intersected 66 metres at one g/t gold within a zone that remains open to the north, south and a...

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...