Articles On Prodigy Gold (ASX:PRX)

Gold prices are back above US$3300/oz, with the All Ords gold sub0-index 13% up in a week Open interest on the Shanghai Futures Exchange is at levels not seen since Q4 2019 Chinese gold imports hit an 11-month high of 127.5Mt in April   A...

Factors behind gold’s rise continue to grow: Sprott Bullion has big opportunity as investors lose confidence in stability of US Treasuries If Donald Trump tries to interfere with Fed independence it could get even better for gold   Sprott...

Gold ETF inflows soared in April, driven by Chinese investors State Street sees “bull case” of US$3500-3900/oz in 2025 Goldman Sachs surveys Australia’s best performing gold miners   Gold may have taken a tumble last night amid signs of n...

Gold pares back gains after Trump’s team go soft on tariffs But Chinese market gold selling played a big role ahead of a key public holiday week Dateline storms higher on Trump endorsement After bounding powerfully to US$3500/oz in mid-Ap...

Morning, and welcome to Stockhead’s Top 10 (at 11… ish), highlighting the movers and shakers on the ASX in early-doors trading. With the market opening at 10am sharp eastern time, the data is taken at 10:15, once trading kicks off in earnes...

Gold prices suffered a blip after clearing US$3500/oz on Tuesday As volatility strikes bullion, analysts still see tailwinds for the precious metal Commbank’s Vivek Dhar says the commodity could rise to US$3750/oz Gold’s temporary fall fr...

Gold hit a new record high this week, passing US$3300/oz Fundie Cameron Judd says the conditions are there to push bullion further, with US$4000/oz now in sight Gold miners look “cheap” as they print cash After an extraordinary run in 202...

Gold tends to be cool in a crisis TD Cowen analysis suggests gold equities outperformed the broader market by 16-24% in economic shocks since the year 2000 Alice Queen and Leeuwin Metals among this week’s top gold gainers   Gold has once...

ASX tanks 4pc, worst drop since may 2020 Gold, copper, Bitcoin hammered in global rout Abacus Storage King bursts up after receiving buyout proposal    The ASX has taken a big hit on Monday, dropping by 4% as it marked the worst one-day l...

Goldman Sachs continues to like the look of ASX gold miners, even as they outpace bullion in 2025 Silver down, with gold:silver ratio showing few signs of closing OzAurum and Koonenberry Gold among this week’s precious metals standouts  ...

ASX drops heavily as Trump’s tariffs spark chaos Energy stocks hit hard Breville and Ansell scramble to neutralise tariffs   The ASX copped another big drop on Friday, tumbling 2.44% as global markets went into freefall. For the week, the...

As it hits a 13-year high, silver bulls online are trying to arrange a new silver squeeze But experts warn it’s prudent to be sceptical about co-ordinated short squeezes More moderate forecasters continue to be constructive on silver price...

Gold hit a record of over US$3050/oz this week With uncertainty around war and trade, prices could climb even higher Besra Gold and North Stawell Minerals among week’s biggest gold gainers Silver longs are at six-month highs and gold is c...

Gold hits all time high as volatile cocktail emerges for US and global economy LBMA price hit US$2974/oz on Thursday, with futures close to US$2990/oz RBC upgrades mid-tier ASX gold producer price targets on higher price forecasts Gold is...

ASX recovers from morning loss but tech sector hammered Tesla drops 15pc, Bitcoin struggles Star entertainment looks for $940m lifeline   The ASX had a (very) bumpy day on Tuesday, with$20 billion wiped out at one point, before it recover...

Prodigy Gold’s metallurgical testwork has returned excellent recoveries above 90% from oxide and transition samples Results provide confidence in the Hyperion and Tethys lodes within its Hyperion deposit Optimisation test work to be carrie...

ASX bounces back but still under 8k mark Big moves in ASX 200 rebalance Cyclone Alfred eases, insurers up, Johns Lyng drops   The ASX managed to eke out a small gain on Monday, edging higher  by 0.18% after taking a dive to a six-month lo...

Stockhead’s ‘Garimpeiro’ columnist Barry FitzGerald is back in the studio for another instalment of The Explorers Podcast.     This week, Barry chats with Prodigy Gold (ASX:PRX) managing director Mark Edwards, who is in the thick of the ac...

VanEck says gold, and gold miners, can keep moving higher Producer margins almost doubled from Q1 2024 to Q4 2024 as gold prices hit record highs WGC says gold ETF inflows hit near three-year high in February   ETF behemoth VanEck has joi...

Despite an overnight pullback, gold is still in with a shout of passing US$3000/oz Large cap miners are pulling in massive profits – and experts think they remain undervalued But we look at what these prices could open up for the juniors w...

ASX slides again, seven losses in eight days Copper tariff talk spooks miners, Rio and BHP down Woolies, Platinum, and Flight Centre also take a hit   It was another rocky ride for local stocks today, with the ASX 200 benchmark down by 0....

ASX down, hits six losses in seven days Johns Lyng, Domino’s and Viva Energy hit hard Zip shines bright, while gold flirts with record highs   The ASX200 closed 0.7% lower on Tuesday, bringing its record to six losses in seven days. Today...

Gold miners are starting to deliver strong payouts to investors as record prices continue Ramelius returns 3c maiden interim dividend in “surprise result” Newmont and Gold Road fall as not all goldies impress With gold prices at record hi...

ASX takes a hit as banks struggle and MinRes dives Gold rallies as Trump hints at new tariffs Aussie wages grow slowest in three years   It was a tough day for local investors, with the benchmark ASX200 index slipping lower by 0.73%.   A...

Stockhead’s Fraser Palamara chats with Prodigy Gold (ASX:PRX) managing director Mark Edwards after the company has laid bare its plans for the 2025 field season in the Northern Territory. Edwards details the company’s plans for drilling at...

Banks drag as Bendigo, Westpac slump Star Entertainment Group jumps on $650m refinancing Jack Ma’s return sparks tech rally in China   The ASX retreated by about 0.37% from Friday’s record high, with banks pulling the market down on Monda...

Gold could hit US$3600 on stagflation risk: Victor Smorgon Group EVN and NST deliver big dividend boost Beaten down Westgold reports loss on merger costs   Ask yourself not whether gold can break US$3000/oz, but whether it can cross US$36...

ASX closes in green after reaching new record high in morning trade Staples and tech stocks felt the love on Valentine’s Day Energy stocks and healthcare, however, got cold feet. Or the cold shoulder. Maybe both   The ASX leapt out of bed...

ASX drops on Trump’s tariffs, BlueScope rises Wisetech falls on new misconduct claims of former CEO Trump says DOGE has found “irregularities” at US Treasury   The ASX was down by 0.3% on Monday, tracking the 1% drop in US stocks after Pr...

Gold on track for US$3000/oz as Trump tariff fears hit Citi and UBS up price forecasts Kalgoorlie Gold Mining and OzAurum stun with WA gold hits   Gold spent years fumbling around trying to hit the US$2000/oz on a consistent basis, only t...

ASX rides the wave ahead of US jobs report Coal stocks tank, but Domino’s soars Traders eye US jobs data for clues on Fed moves   ASX had a bit of a rollercoaster ride on Friday, with the market flipping between gains and losses, as trade...

ASX bounces back after Trump delays tariffs Bitcoin jumps, and gold could reach US$3,000, says expert Pilbara finalises $560m deal to scoop Latin Resources   After a rough day on Monday, the ASX made a comeback today, up by 0.3% on the ba...

Global selloff hits markets after Trump’s tariffs Ethereum sinks and copper prices dive Fisher & Paykel crumbles over tariff costs   The global selloff is tearing through markets as traders headed for the exit following Trump’s tariff...

Gold is again threatening all time highs at US$2773/oz Commonwealth Bank reinstates US$3000/oz price target for Q4 2025 US dollar and gold could rise at same time: CBA Before Donald Trump’s ascent to the throne of the free world, the boss...

Gold miner Genesis Minerals has seen analysts up price targets after a strong December quarter Ora Banda Mining is expected to lift cash flow strongly in the second half, according to Canaccord Genuity Promising inflation figures that have...

Gold prices are near record highs, but not all gold equities are made equal Early December quarter reports from ASX gold producers have been mixed We checked out the numbers from nine mid-tier gold miners   With prices circling record hig...

Gold is up already in 2025, lifting on Thursday to US$2660/oz 2024 saw the ninth highest annual return since the end of the Gold Standard Stavely, Peregrine, Cygnus among the week’s top performers   Gold capped an extraordinary year in 20...

Gold down below US$2600/oz for the first time since November 17 US Fed chair Jerome Powell spooks bulls with fewer rate cuts flagged in 2025 But experts say debt levels suggest major upside for bullion   The last meeting of the US Fed bro...

World Gold Council sees gold prices rangebound with potential upside next year after record-breaking 2024 US Fed rates policy and inflation post the election of Donald Trump could shape the direction of bullion in 2025 Central bank demand...

Gold has been one of the best performing commodities in recent times But equities have gone ignored by the market Now analysts see top performing gold plays catching up   Stronger for longer gold prices have seen analysts ramp up bets on...

ASX rises on tech rally, Wall Street gains Bitcoin hits US$100K after SEC appointment and Powell comments Rio Tinto shifts focus to copper   The ASX was up by 0.1% on Thursday, buoyed by a rally in technology stocks as the index mirrored...

Aussie shares rebound slightly after GDP data RBA rate cut talk grows amid weak growth Rio Tinto and Sumitomo ink $615m copper deal   Aussie shares were down by about 0.4% on Wednesday, after falling as much as 0.8% earlier in the day. Th...

Prodigy Gold lodges mining lease application The application covers 19.8km2 of ground in NT’s Tanami region A proposed mine plan is in its early stages of development but assumes the project will be developed using standard open pit mini...

Gold prices find support amid heightened concerns surrounding Trump’s tariffs  Tariffs would raise prices for goods, causing US customers to pay more at the check-out  On the flip side, they could also discourage the Fed from implementing...

ASX rises on rally across the board Israel and Hezbollah agree to 60-day ceasefire City Chic tumbles after downbeat update   The Aussie share market enjoyed a solid ride on Wednesday, driven by a broad rally as optimism from Wall Street’s...

ASX drops as Trump’s tariff threat rattles markets Bluescope and Reece rise amid energy and bank sell-off EML Payments jumps after strong earnings report   The ASX closed in the red on Tuesday, down by 0.45% after being dragged down by a...

Gold price forecasts undershoot 80% of the time, RFC Ambrian says Forecasting can affect companies looking to fund new projects Is there a better way?   Unless your name is Matt Groening, predicting the future is a fool’s errand. From a T...

ASX up as mining gains offset tech and bank losses Silex, Paladin and uranium stocks soar on supply squeeze Goldman cuts Aussie GDP forecast as US tariffs loom   After a soft start to the day, the ASX bounced back and closed the day 0.3% ...

ASX rises, but MinRes drops over transparency issues Fed boss Powell’s cautious rate cut stance cools market optimism NoviqTech shares surge after securing blockchain funding   The ASX rose by 0.74% on Friday, with 10 out of 11 sectors fi...

Gold prices dipped to US$2571/oz this week from US$2800 before US election World Gold Council reckons the precious metal will resume price gains Native Mineral Resources raises $3.46m to pursue gold production at new assets   Gold hit rec...