Articles On Prodigy Gold (ASX:PRX)

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...

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...

It is not often the activity of criminals provides an investment idea, but when they start stealing copper wire from power stations, or from building sites, then you know it’s time to brush up on copper miners. Kingston in South Australia,...

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...

Summary The RLC share price has shot up by a massive 68.7% to AU$0.027 in today’s session. Mosaic Brands has successfully completed a series of strategic initiatives. The WAK share price has shot up 13.5% to AU$0.21 as the company sig...

DIAMOND drilling completed since March at the Phreaker prospect by IGO (70%) and Prodigy Gold (30%) has intersected high-grade copper with ...

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...

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...

“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...

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...

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...

Newcrest Mining has withdrawn its involvement from the Euro gold project in the Tanami region of the Northern Territory with Prodigy Gold. According to Prodigy, delays in land access was further compounded by COVID-19, therefore hampering t...

The sudden drop in spot gold prices and reintroduction of COVID-19 restrictions in New Zealand have hit the relevant ASX small caps this morning. After 100 days of being virus-free, four COVID-19 cases were detected in the country. New Zeal...

The impact of the COVID-19 pandemic is starting to be felt by resource explorers that have operations overseas, with Australia now putting a blanket ban on any overseas travel. “That is the first time that has ever happened in Australia’s h...

If there’s one commodity that has started the decade well, it’s oil. Brent oil has gained 5.2 per cent this week and crude oil has gained 4.2 per cent. In contrast, some of the top performing commodities of 2019 have been slower. Copper has...

Prodigy Gold (ASX:PRX) Managing Director Matt Briggs joins Investor Stream following the release of leach extraction results from surface samples collected at the Lake Mackay JV with Independence Group in the Tanami. Matt talks about the i...

Mining is one of the primary activities in Australia contributing to the Australian economy by providing export income, royalty payments and employment. Firms in nickel ore mining have had faced challenging conditions due to fall in the pri...

At first glance, it looks like a vicious picture with global non-ferrous exploration budgets still well down from their peaks in 2012 while supply gaps for critical metals such as nickel are likely to make their presence felt in the near-te...

Explorer Echo Resources (ASX:EAR) is now under Northern Star Resources’ (ASX:NST) control after the gold miner secured 59.3 per cent of Echo’s shares. Northern Star  launched its $193m takeover bid in late August, offering Echo shareholders...

GOLD Valley Holdings is adding another asset, signing a new agreement to operate Prodigy Gold's mothballed Old Pirate gold mine in the Northern ...

Nickel Prices Surge High: As per recent updates, nickel prices increased substantially by 8% upon Indonesia, the world’s largest producer, making an announcement for banning of exports of raw ore. The price increased to the highest levels i...

The Metal and mining industry of Australia is a significant contributor to the development of the economy of the country.  The metals and mining sector has been dependent on the Australian equity market in order to access capital, which can...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

Gold up on safe haven buying; base metals drop on economic uncertainty; nickel shines; China steel-making slowdown hits iron ore and metallurgical coal.  -Gold miners glitter as investors seek safe haven from economic uncertainty -Coppe...

 Stockbroker Canaccord Genuity has underwritten a $12 million equity raising for Northern Territory focused gold explorer Prodigy Gold. 

This article discusses the recent announcements made available to the public by the five companies engaged in the resources sector. These companies are involved in the business of battery minerals, including lithium, cobalt, graphite. Besid...

The three targets drilled at Dune have coincident geochemical anomalism and induced polarity or magnetic geophysical anomalies.

Prodigy Gold has unearthed a promising new prospect at its 30%-owned Lake Mackay JV with mid-tier miner Independence Group , with the recent drill program uncovering multiple intersections more than 10m wide at the Phreaker Prospect in the...

The Independence Group NL (ASX: IGO) share price rallied to a more than one-year high on Wednesday on the jump in the nickel price and after the miner announced positive exploration results at its Lake Mackay joint venture (JV) project. Th...

AGGRESSIVE exploration around Lake Mackay in the Northern Territory by Prodigy Gold (30%) and Independence Group (70%) has delivered ...

Aeris Resources (ASX:AIS) has beaten its FY19 copper production target by nearly 10 per cent. The junior producer revealed today that it had produced 26,852 tonnes, but had only expected to deliver 24,500 tonnes. Scroll down for more ASX b...

Despite a mid-week retracement, the gold price has held above the US$1400 per ounce mark, and in Australian dollar terms it is approximately $2020 per ounce. As Finfeed mentioned yesterday in part one of its 10 stock gold special, covering...

Special Report: Maiden drilling at the huge North Dovers target has confirmed its iron-oxide-copper-gold (IOCG) potential. Norwest Minerals (ASX:NWM) has caught the trail of something big. A maiden three-hole drilling program at the Norwes...

Prodigy Gold (ASX:PRX) has already made a name for itself in the Northern Territory, with a strong asset base in the proven multimillion ounce Tanami Gold district. While it holds a number of highly-prospective 100%-owned assets in its po...