Articles On Golden State Mining (ASX:GSM)

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...

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...

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...

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...

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...

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...

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...

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...

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 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...

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...

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...

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...

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...

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...

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...

Stockhead’s ‘Garimpeiro’ columnist Barry FitzGerald is back in the studio for another instalment of The Explorers Podcast. In this episode Barry chats with Mike Moore, managing director of Golden State Mining (ASX:GSM). Golden State is a Pe...

The capital raisings boom on the ASX is continuing in 2021 with nearly $10 billion raised in the first four months of the year. Across 325 deals, ASX companies have raised $9.878 billion in capital amidst IPOs, placements and rights issues....

“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...

V-Con is Stockhead’s investing focused video conference series, bringing you expert insights, panel discussions and presentations from leading analysts, listed small caps and industry players. This latest video conference focuses on the gol...

A series of ‘Hemi-style’ intrusive gold targets identified in the Pilbara recently will soon be tested, with explorer New Age Exploration sending an aircore rig to site. The targets were identified via detailed aeromagnetic data spanning t...

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...

Pilbara explorer Golden State Mining (ASX:GSM) will increase the size of an upcoming gold drilling program at the prospective – but still underexplored — ‘Yule South’ project after a detailed review of 2020 exploration data. The Yule projec...

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...

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...

Special Report: Golden State Mining has added around $3.2 million to its Yule gold and lithium exploration cashbook, courtesy of ... Read More The post Golden State raises $3.2m for Mallina Basin exploration appeared first on Stockhead.

This year is shaping up to by a busy one for Golden State Mining Ltd [ASX:GSM]. The GSM share price has pushed 13.79% higher at time of writing to 16.5 cents per share thanks to the release of its quarterly activities report. Source: Tradi...

Special Report: Golden State Mining has celebrated a quarter in which it made exploration progress at its promising Yule gold ... Read More The post Golden State set to launch off strong December quarter platform appeared first on Stockhead...

Summary Golden State Mining has released encouraging outcomes from the first pass phase 2 reconnaissance air-core (AC) program. One-fifth of holes in the program either ended in elevated gold and or arsenic. The phase 2 results build...

The Golden State Mining Ltd [ASX:GSM] share price has continued to tumble today on the release of final assays from its reconnaissance drilling program at its Yule Project in WA. GSM shares have been in steady decline since coming off their...

Special Report: Golden State Mining has wrapped up the latest round drilling at its Yule project in WA’s Mallina Basin, ... Read More The post Promising signs from Yule drilling for Golden State appeared first on Stockhead.

Summary Golden State Mining is committed to advancing developments across its project portfolio.  The initial aircore drill programs at the Yule Project in the Mallina Basin were completed with encouraging results. Review of open file...

Summary Australia houses some of the largest gold mines on earth. Aussie gold production is estimated to cross 384 tonnes for the year 2020-21. The Department of Industry, Science, Energy and Resources report revealed that gold prices...

Cardinal Resources Ltd (ASX:CDV) on Tuesday said that it has given nod to the acquisition proposal by Shandong Gold Mining Co Ltd. Cardinal had earlier received an unconditional off-market takeover offer by the Hong Kong listed firm for pur...

For goldies, 2020 was a year when good news was rewarded, and great news celebrated. The precious metal has gained about 22 per cent year-to-date despite treading water since mid-August. And there’s a strong chance 2021 will start off with...

Summary Mining of gold bearing tailings has commenced at Golden State Mining’s Cue Project. Material to be processed at Adaman Resources’ Kirkalocka Gold Mine. With zero Capex or Opex for Golden State Mining, the undertaking presents...

Summary Golden Deeps (ASX:GED) has raised A$3.2 million (before associated costs) via an issue of 234,922,646 fully paid ordinary shares which was issued at A$0.014 per share. The gold and base metals exporter has also issued 78,307,54...

Special Report: The Hemi gold discovery by De Grey Mining and its subsequent growth through 2020 meant many things to ... Read More The post Golden State Mining plans to follow in good neighbours’ footsteps appeared first on Stockhead.

Summary The simultaneous supply crunch and escalated gold investment focus appear to provide stimulated potential to the gold exploration endeavours of Golden State Mining.  The Company completed back-to-back phases of drilling program...

Summary Golden State Mining has received assay results for three targets from the second phase drilling at Yule.  The reconnaissance AC drilling program covered 196 holes over an advance of 15,125m.  Target generation has been complet...

The share price of Golden State Mining Ltd [ASX:GSM] has been in steady decline since hitting its all-time high in July. With first assays released today from its Yule Project near Port Headland in WA, the GSM share price has continued its...

Special Report: Golden State Mining has hit highly anomalous gold in the first results from phase two aircore drilling at ... Read More The post Strong intersects reported as Golden State hones in on Yule targets appeared first on Stockhead...

Summary The pandemic-induced volatility has increased the demand for gold-related stocks as investors rush for the yellow metal which is considered as a safe haven.  Several key aspects should be considered before selecting a gold stoc...

Summary Golden State Mining (ASX:GSM) has completed the phase 2 air-core program at the Yule Project, with 196 drill holes for a total advance of 15,125m.  Six targets have been tested at the Yule Project including two targets at Yule S...