Articles On Kingwest Resources (ASX:KWR)

In the last three months of the year, the precious metals explorer continued a spate of exploration programs at the cornerstone Goongarrie Gold Project.

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...

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....

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...

Perpetual struggler Quantum Graphite is out of suspension Xanadu Mines gains after recently growing ‘Kharmagtai’ resource to 3 million tonnes copper and 8Moz gold Kalamazoo expands Pilbara lithium portfolio Here are the biggest small cap...

Kingwest Resources (KWR) is doubling its 2022 drilling program at its Goongarrie Gold Project in WA on the back of the latest results from the Sir Laurence discovery Assays from the second round of aircore drilling have returned gold grade...

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...

Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relative Strength Index (RSI). The RSI is a technical gauge which measures how trading momentum is affecting the price action. A reading of 70 is seen as the le...

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...

For the second month in a row the ASX was hit by a major sell-off in the last few days of the month and it took the bourse from what was then a 0.5% gain to a 1.56% loss in November. Just when we thought we were out of the worst of COVID, w...

Kingswest Resources (KWR) may enter into a joint venture (JV) partnership with FMR Investments where KWR will own 40 per cent and FMR will control the rest Although the companies have not officially joined the venture partnership, KWR inte...

“Whilst our focus is on the very exciting potential we continue seeing at Goongarrie, we remain committed to pursuing opportunities to unlock the commercial potential of the Menzies Gold Project,” says CEO.

Kingwest Resources has drilled 107 holes at its Sir Laurence gold discovery near Menzies with significant mineralisation reported on every line over a 1km trend that remains open along strike and down dip.

Kingwest Resources’ (KWR) Sir Laurence gold discovery, located within its Lake Goongarrie Project, grows to over a one-kilometre strike length KWR has completed the second aircore drilling program at Lake Goongarrie, which included 149 hol...

The fact that results have now been returned on every line over a strike length of at least 1-kilometre again reinforces the very large size of the Sir Laurence mineralised system.

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...

Local stocks edged higher on Thursday, as the ASX 200 closed up by 0.13% following two days of losses. Banking stocks fell again after getting hammered yesterday, while money moved back into big-name gold stocks as inflation jitters continu...

Kingwest Resources has struck gold 800m along strike from its recent Sir Laurence gold discovery north of Kalgoorlie with new results including a broad 29m hit going 1.9 g/t gold and 8m at 2.2 g/t gold.

Shares in Kingwest Resources (KWR) have risen in early trade following the latest round of assay results from the Lake Goongarrie gold discovery near Kalgoorlie in WA The junior mining company has received assays for 29 out of 80 aircore h...

The results reinforce the company's interpretation of Sir Laurence as having the potential to be a large mineralised system.

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...

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...

Kingwest recently completed a $4 million capital raise which will go into solidifying the recent Sir Laurence discovery.

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...

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...

Welcome to the Market Herald’s Friday review of the week in capital raisings. Of interest to many investors is DeGrey Mining’s (ASX:DEG) announcement today that it has secured firm commitments to raise $125 million for its Mallina Gold P...

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...

Kingwest Resources (KWR) completes a bookbuild for a strongly supported $4 million placement More than 33.3 million ordinary shares will be issued to professional and sophisticated investors at 12 cents each Kingwest will use the money to...

“We are very excited by our initial exploration success at Sir Laurence and eagerly anticipate the imminent drilling campaigns which we hope will confirm a large gold system,” Ed Turner said.

The ASX 200 was unable to break free from its recent shackles, edging lower by 0.11% in the Wednesday session. But as a measure of a little more risk-on sentiment creeping back into markets, the microcap Emerging Markets index comfortably o...

Minerals260 (ASX:MI6), a spinoff from Liontown Resources (ASX:LTR), enjoyed a positive debut despite the ASX finishing down again. The ASX 200 retreated 0.26% to close at 7,821 points with all sectors in the red except consumer staples and...

Australia-based mining and exploration company Kingwest Resources (KWR) enters a trading halt pending an upcoming capital raising The company will remain in the halt until October 14 or when more details regarding the raise are released,...

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...

“KWR will continue to focus on the very exciting potential we are seeing at Goongarrie as well as proving up new gold resources at Menzies over time. I am sure there remains many more ounces of gold to be discovered at both projects.” says...

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...

On a day Facebook was out for 6 hours, the tech sector – in Australia and abroad – was sold off and that was enough to send the ASX into negative territory. The ASX 200 closed 0.41% down at 7,248 points and tech was easily the worst sector,...

This will further delineate what appears to be a significant gold discovery and will also follow up five other gold anomalous areas found beneath Lake Goongarrie.

Those stocks exposed to the mushrooming clean energy thematic likely did very well in September 2021, but there were two massive standouts: lithium and uranium. It was a wild month for Chinese lithium carbonate prices, which surged to anoth...

September 2021 was the worst month for the ASX since March 2020 but the 50 best stocks gained 57% or more. Despite a positive close on September 30, the ASX finished the month down 2.59% and nearly 4% lower since mid-August. While the stimu...

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...

After gaining 1.88% yesterday, the ASX gave back just about all of those gains as October got off to a rough start today. The ASX closed at 7,186 points, down 2% from yesterday and 5.8% from mid August. All sectors finished in the red, with...

Kingwest is focused on developing the highly prospective Menzies Gold Project, which contains some of the highest-grade historical underground mines in the Eastern Goldfields.

Among the stocks running hottest this week was ViaGold Rare Earths Resources (ASX:VIA), which counts some big Chinese companies as major shareholders and has been surging in September on no news. Each week, Stockhead recaps ASX stocks that...

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...

Once again the energy sector determined the direction of the market but unlike yesterday where it gained, today it finished in the red. The ASX 200 retreated 0.27% to close at 7,417 points, although the ASX Emerging Companies Index rose 1.3...