Articles On Golden State Mining (ASX:GSM)

Title Source Codes Date
High Voltage: Pressure mounts on EV transition amid rising lithium costs

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, and vanadium.   There is a lot of chat around lithium prices right now as they continue to soar. Battery-grade li...

Stockhead GSM 1 week ago
Gold Digger: Solar, electric vehicle demand could push silver market into long term deficit

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...

Stockhead GSM 1 week ago
“Industry-wide backlog” delays assays for Golden State Mining (ASX:GSM)

Golden State Mining (GSM) says assay results from air-core (AC) drilling at its Yule project are delayed due to industry-wide backlogs The mining company submitted the drill core samples between October and November last year, with results...

themarketherald.com.au GSM 3 weeks ago
Gold Digger: JP Morgan reckons gold’s gonna take a dive to $1,520/oz by Q4

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....

Stockhead GSM 3 weeks ago
Golden State Mining’s (ASX:GSM) Cue sale falls through

Golden State Mining’s (GSM) planned sale of the Cue Project has been terminated, after the buyer was unable to complete the purchase GSM announced in October it was selling the asset, with private business Cue Revival agreeing to buy it fo...

themarketherald.com.au GSM 4 weeks ago
ASX 200 rallies 1% to over 7500-mark

Highlights The ASX 200 surged 0.34% to 7,445.25 in early trade. The S&P 500 edged lower at closing after hitting a record intraday high of 4,807.02 on Tuesday. All 11 sectors were trading in green so far, with the Consumer Staples...

Kalkine Media GSM 4 weeks ago
Gold Digger: Gold bulls are out in force, but expect turbulence

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...

Stockhead GSM 1 month ago
Gold Digger: Early 2022 gold rally could turn sour mid-year

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...

Stockhead GSM 1 month ago
Gold Digger: An inflationary bomb is about to go off. It’s time to prepare for the next gold bull market

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...

Stockhead GSM 1 month ago
Gold Digger: Gold’s renaissance was short-lived. Have prices bottomed out?

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...

Stockhead GSM 2 months ago
Golden State Mining (ASX:GSM) completes aircore drilling at Yule

Golden State Mining (GSM) completes a 213-hole aircore drilling program at the Yule Project in WA’s Mallina Basin The program focused on 18 gold and lithium targets across the Yule North, Yule East and Yule South areas All samples from thi...

themarketherald.com.au GSM 2 months ago
Golden State now waiting on drill results for next big lithium move

Golden State Mining will soon have a clearer idea where in its Yule project it should focus its gold and lithium exploration efforts after completing reconnaissance aircore drilling. The company is particularly keen on uncovering the lithiu...

Stockhead GSM 2 months ago
Market Highlights and 5 ASX Small Caps to watch on Wednesday

US tech stocks extend retreat The S&P 500 and Dow Jones ended up higher overnight, but tech heavy Nasdaq Composite index extended its retreat. The S&P500 was up 0.17%, the Dow rose by 0.55%, and Nasdaq slipped 0.5%. The fall in tech...

Stockhead GSM 2 months ago
Gold Digger: These cheap gold stocks might not last long

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...

Stockhead GSM 2 months ago
Gold Digger: Prices lift off on growing inflation

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...

Stockhead GSM 2 months ago
Gold Digger: A global carbon tax could hit gold stocks right where it hurts

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...

Stockhead GSM 2 months ago
Gold: Demand outlook, expert insights and two emerging producers

RockTalk is a Stockhead video series featuring a roundtable of resources experts discussing a new macro topic each week. The program is sponsored by Bridge Street Capital Partners, a leading ECM and principal investment firm focused on mini...

Stockhead GSM 2 months ago
Gold Digger: Ounce-hungry gold miners investing big $$ in M&A, new developments

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...

Stockhead GSM 2 months ago
Gold Digger: Two charts that show how undervalued gold stocks really are

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...

Stockhead GSM 3 months ago
10 at 10: These ASX stocks have a long awaited breakthrough to celebrate this morning

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Stockhead GSM 3 months ago
Gold Digger: This large Russian gold mine will have its own nuclear power plant

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...

Stockhead GSM 3 months ago
Closing Bell: NSW lockdown ends but market downturn drags on

The ASX retreated again as angst over inflation and the withdrawal of stimulus continued to weigh on global markets. The ASX 200 closed at 7,300 – 0.28% lower than Friday’s close. Tech was the biggest laggard, losing nearly 3% but energy an...

Stockhead GSM 3 months ago
Gold Digger: Gold M&A is heating up. Which junior is the next takeover target?

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...

Stockhead GSM 3 months ago
Golden State Mining on the hunt for gold and lithium discoveries at the Yule Project in WA’s Pilbara

Phase-3 air core drilling is underway in the sought-after Archean Mallina Basin where the company is targeting LCT (lithium) pegmatite in fertile lithium prospective granite. Golden State Mining has begun third phase air core (AC) drilling...

Stockhead GSM 3 months ago
Gold Digger: Gold is back on the menu amidst market chaos

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...

Stockhead GSM 3 months ago
Gold Digger: Are ASX large cap gold stocks a screaming buy?

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 GSM 4 months ago
Bargain Barrel: 10 ASX lithium stocks with a sub-$15m market cap

There’s a lot of crap down the cheap end of the bourse. There are also some absolute gems that, with a little polishing, could shine. “It’s much easier to get a 10,000 bagger if you start with a sub $2m market cap, than if you start with a...

Stockhead GSM 4 months ago
Gold Digger: Where do we go from here?

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...

Stockhead GSM 4 months ago
Gold Digger: Is sentiment slowly returning to the gold space?

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...

Stockhead GSM 4 months ago
Gold Digger: Northern Star’s share price down 30pc for FY21, despite posting $1bn profit

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...

Stockhead GSM 4 months ago
Gold about to hit next leg of bull market and stocks are cheap, expert says

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...

Stockhead GSM 5 months ago
Golden State starts countdown for Yule gold drilling results

Golden State has wrapped up drilling over three targets at its Yule project in the Mallina Basin, Pilbara, that is close to the giant, play-opening Hemi discovery. The gold focused  program totalling 3,542m was carried out over targets 1 Ea...

Stockhead GSM 5 months ago
Gold Digger: Bulls vs Bears – which team are you on?

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...

Stockhead GSM 5 months ago
Gold Digger: Gold regains the crown if crypto crashes

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...

Stockhead GSM 5 months ago
Gold Digger: The top performing junior gold stocks for July

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...

Stockhead GSM 5 months ago
Golden State Mining is locked in on Pilbara gold after forming JV with Caprice at Mid-West gold projects

Golden State Mining is tightening its focus on its flagship Yule project near the world class Hemi discovery after selling an 80% stake in the Cuddingwarra and Big Bell South gold projects to fellow ASX-listed explorer Caprice Resources. Go...

Stockhead GSM 5 months ago
Closing Bell: The ASX 200 fell by almost 1pc to start the week

The Australian share market has followed Wall Street’s lead, closing 0.85% lower in today’s trading. All sectors were down except for Health Care, with the worst performers being Energy and Mining, both falling by more than 2%. In big cap n...

Stockhead GSM 6 months ago
Golden State goes for gold at Hemi-neighbouring Yule project

Drilling is underway at Golden State Mining’s Yule gold project in the Pilbara’s Mallina Basin, as the company aims to find the region’s next great discovery in the footsteps of recent trailblazers. The current work comprises 4000m of reve...

Stockhead GSM 6 months ago
Gold Digger: It’s time to get fired up about the ‘Green and Gold’

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...

Stockhead GSM 6 months ago
Gold Digger: Is gold the ‘ultimate contrarian investment’ right now?

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...

Stockhead GSM 6 months ago
Gold Digger: Feds inflation warning sends prices diving

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...

Stockhead GSM 7 months ago
Green light for Golden State to drill four gold targets at Yule South

Golden State Mining (ASX:GSM) secured approvals for the drilling of four priority gold target areas at its Yule South project in WA’s Pilbara region. The 4,000m reverse circulation program will test the Target 1 East, Target, Target 1 West...

Stockhead GSM 7 months ago
Closing Bell: Today’s biggest small cap movers on the ASX

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...

Stockhead GSM 7 months ago
Gold Digger: Sizzling oil prices suggest gold will hit US$2000/oz soon

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...

Stockhead GSM 7 months ago
Top Aussie brokers share their hidden value gold tips

Being able to say ‘I told you so’. It’s every small cap investor’s dream.   Identifying potential in an undervalued stock ahead of the curve, going in and watching it grow as others catch on is what market-made fortunes are built on. Of cou...

Stockhead GSM 7 months ago
Gold Digger: ASX gold stocks making gains on good news stories

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...

Stockhead GSM 7 months ago
Golden State expands footprint of its prospective Yule project

Golden State Mining (ASX:GSM) has been awarded more ground in an underexplored but highly prospective gold, base metal and lithium province. The award of the 210sqkm Yule East tenement takes the company’s footprint in the Mallina Basin up t...

Stockhead GSM 7 months ago
Closing Bell: Today’s biggest small cap movers on the ASX

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...

Stockhead GSM 7 months ago
Gold Digger: Strong inflation could pump gold price to $US8,900/oz by the end of the decade, experts say

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...

Stockhead GSM 7 months ago
Gold Digger: Instos pour back into gold as Bitcoin loses spark

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...

Stockhead GSM 8 months ago