Articles On Red 5 Ltd (ASX:RED)

Australian gold producer Red 5 (ASX:RED) has received commitments from eligible shareholders to raise $18.84 million in a share purchase plan (SPP) to support operations at the King of the Hills Gold Project in Western Australia. The compan...

It has been a great return to action for the S&P/ASX 200 Index (ASX: XJO). In afternoon trade, the benchmark index is up 1.4% to 7,318.2 points. Four ASX shares that have failed to follow the market higher today are listed below. Here...

Banking crisis sparks gold ETF inflows for the first time in 10 months Central Banks continue buying up gold at record levels Every larger gold stock on our list enjoyed gains this week led by double digit gains for the mid-tier and advanc...

Red 5 (RED) has logged its strongest month of production to date. In March, more than 17,000 ounces of gold was produced from the company’s King of the Hills gold mine in Western Australia. RED shares were trading above 16 cents as go...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a small gain. At the time of writing, the benchmark index is up slightly to 7,239.5 points. Four ASX shares that are climbing more than most are listed below...

Red 5 (RED) delivers record production at its King of the Hills gold mine in Western Australia The mine produced 17,550 ounces of gold from 0.40 million tonnes of ore over the month of March, processed at an average head grade of 1.49 g...

The global banking crisis has sent gold prices past $3000/oz in Australian dollar terms for the first time in the past week. And while they have struggled to push through those levels, facing resistance at the critical US$2000/oz mark ($297...

Chinese media announced a major “50t” gold discovery over the weekend, containing metal worth “US$3 billion” In the grand scheme of things it doesn’t appear that big Christian joins Gold Digger live from France to unpack the US Fed meeting...

Sibanye claims majority stake in New Century just two days after launching takeover bid Red 5 pummelled as it raises $90 million in discounted equity Cyprium calls halt after dumping finance package for Nifty copper restart   New Century...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record another decline. At the time of writing, the benchmark index is down 0.4% to 7,285.4 points. Four ASX shares that are falling more than most today are listed...

ASX recovers to finish a bit less awful than it was at lunchtime, down 0.2% Magnis Energy Technologies climbs 6% on news that Elon wants to Bogart all its battery metals Connexion Telematics’ General Motors contract extension prompts an 80...

Red 5 Ltd has tapped Canaccord Genuity to raise $80 million in fresh equity. 

Australian gold production company Red 5 (ASX:RED) has identified new zones of gold mineralisation following first-pass aircore (AC) drilling at its Yandal South Gold Project in Western Australia’s Eastern Goldfields region. The results, ge...

The ASX is set extend its decline on Monday The all-crucial US inflation report due on Tuesday (US time) Lyft plunged 36%   The ASX 200 is poised to continue its pullback on Monday following its 1.65% decline last week. At 8am AEDT, the A...

Australian gold producer Red 5 (ASX:RED) has further defined current ore reserves following an underground drilling program at the King of the Hills (KOTH) Gold Mine in Western Australia. The company says ‘significant’ assays have been rece...

Ardea Resources (ASX:ARL) has returned ‘significant’ rare earth element (REE) intercepts up to 3,506 parts per million (ppm) total rare earth oxide (TREO) following sterilisation drilling at its Kalgoorlie Nickel Project in Western Australi...

The mad rush to get quarterlies completed has begun, with a smorgasbord of production results for investors to wade through on Tuesday morning. Coal, copper and gold were all up in investors’ eyeballs this morning, with Evolution Mining (AS...

Australian gold production company Red 5 (ASX:RED) reports it has returned ‘exceptional’ gold (Au) grades upwards of 2,999.3g/t Au and new ‘high-grade’ targets that boasts the potential for resource extension from drilling activities at its...

Highlights The ASX 200 benchmark index closed in the red today (December 16), losing 50.90 points or 0.71% to end at 7,153.90 points. Over the last five days, the index has lost 0.82% and 1.94% over the last 52 weeks. Energy was the b...

Red 5 (RED) begins commercial production at its King of the Hills gold mine in the Eastern Goldfields region of Western Australia Following a maintenance shutdown, mining and processing operations have reached steady-stateFor the first six...

Rio hasn’t given up on its Jadar lithium mine, almost one year after it was halted by the Serbian Government and community opposition Rio’s Simandou iron ore development could be approved in the first half of 2023, says Goldman Sachs A bun...

A decline in the stock market doesn’t mean you necessarily have to lose money Retail investors are not allowed to open a short-selling broker account in Australia But there is a handful of long-short and short-only funds available on the A...

Red 5 (RED) says its King of the Hills (KOTH) gold mine is on track for commercial production before the end of this yearSince the WA mine achieved first gold pour in June, the company has been focused on ramping up activities for commercia...

Mid-tier gold miner Regis Resources closer to realising potential after recent approvals and exploration updates  Investment bank RBC says RRL is its ‘top mid-tier gold’ pick Kin Mining adds to Dacian holding, building blocking stake with...

Red 5 (ASX:RED) reports its King of the Hills (KOTH) gold mine in Western Australia is on track for commercial production in the December 2022 quarter. The company says throughout this month, the KOTH process plant has performed well proces...

Red 5 (ASX:RED) reports its King of the Hills (KOTH) gold mine in Western Australia is on track for commercial production in the December 2022 quarter. The company says throughout this month, the KOTH process plant has performed well proces...

Special Report: The upcoming Resources Rising Stars Summer Series is set to give investors the chance to get up close and personal with some of the leading lights in lithium and rare earths.   Despite a few market jitters surrounding risin...

Australia’s biggest 50 miners outside BHP, Rio, FMG, South32 and Newcrest now worth $150 billion, PwC says Critical minerals companies and lithium miners now dominate the mid-cap space on the ASX amid EV boom ASX resources sector wins big...

There’s been plenty of insider buying going on among ASX shares lately, and many of the targets are trading at, or around, 52-week lows. That suggests those in the know believe their company is trading at attractive prices. So much so, t...

It’s a good day to be invested in All Ordinaries Index (ASX: XAO) shares. The index is gaining 0.66% on Thursday, helped along by these companies and their quarterly updates. Three ASX All Ordinaries shares are lifting by as much as 20%...

Red 5 (RED) is set to raise $66 million through a share placement and purchase plan to ramp up its King of the Hills (KOTH) project in Western AustraliaFollowing the first gold pour at the project in June, the company is looking to ramp up...

Benchmark set to end the day up 1.5% Small caps gain 2.2% Raiden Resources uses word visible,  Regional markets – pretty much led by ours – have risen in rare unison on Thursday thanks mainly to the wonderful stuff-up executed by UK Prime...

Way to bury the lede. Leonora gold miner Red 5 (ASX:RED) has hit up the market for some $60 million in fresh equity at 16c, a 15.8% discount to its last traded price of 19c per share in a hunt for working capital and cash to expand and dril...

Raleigh Finlayson talked up the consolidation of the Leonora gold district in his Diggers and Dealers presentation Economist Dambisa Moyo says the inflationary environment could spur another gold bull run Capricorn’s Mark Clark says the em...

During the June quarter, Red 5 (RED) completes the King of the Hills mine development on time and within budget The gold producer achieved first gold pour on June 5 and has since been ramping up mining and processing activities which it sa...

Raleigh Finlayson’s Genesis Minerals announces $111m all scrip off-market takeover offer for Dacian Gold With talks also between Genesis and St Barbara, juniors in region looking closely at who else may be in Finlayson’s sights We profile...

ShareCafeGold Sector Nuggets: RRL, RED, WGX Cost pressures have already emerged for gold miners like Ramelius, St Barbara, Dacian and Evolution and we saw more of the same in the early June 30 updates from Regis Resources, Red 5 and WestGol...

Raleigh Finlayson is garnering strong support in his bid to consolidate the Leonora gold district All-scrip $111 million offer for Dacian Gold will combine the Mt Morgans mill with Genesis’ high grade ore feed High-flyers among the backers...

Red 5 (RED) progresses activities to ramp up production at its King of the Hills (KOTH) gold project in Western Australia The company says its processing mill is performing as expected, and its SAG mill has continued to deliver throughput...

Australian export earnings from resources and energy have more than doubled since the last mining bust Coal and gas companies will be beneficiaries of a global energy crisis, with energy exports to outstrip resources Gold production is exp...

ASX set to open higher today despite rising rate risks Tech leads Wall Street overnight Goldman predicts US$140 oil price Local shares are set to bounce back from yesterday’s 1.53% fall, with the ASX 200 June futures pointing up by 0.60%...

Red 5 (RED) completes the first gold pour for its King of the Hills project in Western Australia Following the recent commissioning of the gravity and elution circuits at the project, the company delivered two gold doré bars in the first g...

Red 5 (ASX:RED) has poured first gold at the 2.4Moz, 16-year life-of-mine King of the Hills (KOTH) gold project in WA. The first smelt delivered 2 gold doré bars weighing 1,588oz; a huge milestone for the company, says managing director Mar...

ASX to open lower after a fall on Wall Street US non-farm payrolls were higher than expected The RBA is set to meet tomorrow Aussie shares are set to fall this morning after a strong non-farm payrolls data in the US sparked falls on Wall...

The All Ordinaries Index (ASX: XAO) is higher today, but three ASX mining shares are outperforming the index. The All Ordinaries Index is up 0.27% today to 7,345.8 points. For context, the S&P/ASX 200 Resources Index (ASX: XJR) is 1.2...

Westpac expects coal prices to fall back over 2022 and 2023 But Russian coal situation and gas prices could present upside for the surprise commodity winner of 2022 Red 5 gets ready to pour gold at King of the Hills redevelopment The coal...

Red 5 (RED) commences ore processing at its King of the Hills gold project located in the Eastern Goldfields region of Western Australia Processing operations at the plant will initially focus on low-grade development ore while final commi...

Tuesday is proving to be a rocky day for many ASX shares, with both the All Ordinaries Index (ASX: XAO) and the S&P/ASX 200 Index (ASX: XJO) in the red. Right now, the All Ordinaries Index is down 0.66%, but these mining shares are buc...

War gossip/news remains the main driver of gold prices. The precious metal is having one of those volatile weeks where unless they timed their entry and exit perfectly, investors probably had a tough time whether long or short, says OANDA s...

It’s a rough day on the broader market, but these ASX mining shares are performing just fine. They’ve each surged to their highest point in at least 12 months on Tuesday. That’s despite the S&P/ASX 200 Index (ASX: XJO) slipping 0.12% w...