Articles On Golden State Mining (ASX:GSM)

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...

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...

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...

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...

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...

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 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...

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...

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...

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...

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...