Articles On Indiana Resources (ASX:IDA)

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...

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...

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...

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...

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...

Indiana has wrapped up reverse circulation drilling to infill existing drill holes at the Minos prospect and test the mineralised zone at Ariadne. Samples from the drilling of 19 holes totalling 2,387m at the Central Gawler Craton gold proj...

Indiana Resources (IDA) completes reverse circulation (RC) drilling at the Minos and Ariadne prospects in South Australia A total of 19 RC holes were drilled at both prospects and samples have been sent to the laboratory in Adelaide for an...

Three reverse circulation (RC) drill holes (LLRC027, LLRC028, and LLRC045) were extended with diamond tails in July with assays now received for LLRCD028. Indiana Resources’ (ASX:IDA) second batch of results have been received for diamond...

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...

By modern standards, the mining laws of years gone are archaic – a telling indicator of a gender imbalance in desperate need of a reset. Written into legislation were restrictions which prevented women from setting foot in an underground mi...

Drilling has begun at Indiana Resources’ Central Gawler Craton gold project in South Australia, with 19 holes planned for the shallow, high grade ‘Minos’ and ‘Ariadne’ prospects. Minos is located within the Lake Labyrinth Shear Zone (LLSZ),...

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...

Base metals and gold make up the portfolio of the latest stock exchange listing as Recharge Metals (ASX: REC) joins ASX ranks today with an immediate focus on the Brandy Hill South copper project. Recharge recently raised $5 million at $0.2...

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...

Plans are in place for a maiden RC drilling program at Ariadne, with chairman saying these latest results confirm Minos as an ‘exceptional target’. Indiana Resources Ltd has fielded the first batch of assay results for recent diamond drill...

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...

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 explorer Indiana Resources has been allocated up to $1.25 million exploration credits under the junior minerals exploration incentive (JMEI) scheme. The scheme essentially enables eligible exploration companies to generate tax credits...

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...

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...

Indiana Resources has continued its run of success across South Australia’s Gawler Craton, with regional exploration drilling on the gold-rich Labyrinth Shear turning up a new gold discovery, with better results from the Ariadne East disco...

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 ASX finished Hump Day nearly a third of one per cent higher. The ASX 200 closed at 7,355 which is 0.31 per cent higher than yesterday while the ASX Emerging Companies Index closed 0.14 per cent higher at 2,193. It was a mostly positive...

Closing Bell is Stockhead’s daily recap of the trading day on the ASX covering the overall direction of the market, biggest winners and losers as well as other news you might’ve missed during the trading day. Today, ASX shareholders were ta...

Indiana Resources has served up numerous “stunning” gold hits at its exciting Minos discovery in South Australia, with one broad 21m intercept at 8.43 grams per tonne gold from 176m also including a bumper grade 1m interval going 159 g/t go...

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...

Australian shares followed on from Wall Street’s gains on Friday but stopped short of an all time record high. The ASX shrugged off concerns about the impacts of the extended Sydney lockdown with the ASX 200 closing at 7,334 points which is...

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...

Indiana Resources is set to begin probing the depths of its Minos gold discovery in South Australia, with diamond drilling scheduled to kick off later this week to test below known mineralisation that has returned results such as 38m at 6.5...

Indiana Resources (ASX: IDA) has diamond drill rigs ready to turn at its Minos prospect in South Australia to identify the structural orientation of the project’s high-grade veins. It is the most advanced target along the 30km strike of Ind...

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...

Indiana Resources has launched into a 3,600m air-core drilling campaign in the prospective Gawler Craton, along strike from its Minos prospect where drilling earlier this year hit 38m grading 6.54 grams per tonne gold. Assay results from re...

Indiana has started aircore drilling to delineate the undercover Lake Labyrinth Shear Zone within its Central Gawler Craton gold project in South Australia. The company will drill 60 holes totalling about 3,600m to test the 6km long corrido...

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...

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...

Indiana Resources is one of only four players in the region and they are already showing successful drilling results.

RockTalks 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 min...

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...

ASX-listed Indiana Resources has signed a native title mining agreement that paves the way for an expansion of its exploration activities across a major mineralised shear structure at its Central Gawler Craton gold project in SA’s venerated...

Indiana has signed a key Native Title Mining Agreement that paves the way for exploration to begin at its Central Gawler Craton Gold Project in South Australia. The agreement with the Antakirinja Matu-Yankunytjatjara Aboriginal Corporation...

Indiana is a step closer towards defining a maiden resource at its Minos gold prospect in South Australia following the completion of infill reverse circulation drilling. The program of 16 holes totalling 2,196m within the Lake Labyrinth Sh...

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....