Articles On Red 5 Ltd (ASX:RED)

China’s steel industry has returned from Lunar New Year festivities with a bang, with soaring iron ore prices leading to big gains in the ASX’s materials sector. Iron ore prices hit US$149.40/t on Monday with further gains in the futures ma...

Supply chain solutions provider MLG OZ (MLG) is awarded an integrated haulage contract with gold producer Red 5 (RED) to service its new King of the Hills (KOTH) processing facility in the Eastern Goldfields of WA   The ore from Red 5’s Da...

A dissident shareholder of public unlisted gold miner Bullseye Mining has made a fresh bid to undercut $562 million capped gold producer Emerald Resources (ASX:EMR) in its efforts to acquire the WA-based junior. China’s Hong Kong Xinhe Inte...

Gina Rinehart’s Riversdale Resources has suffered another blow in its bid to develop a 4.5Mtpa met coal mine in Canada’s famous Rockies mountain range, with an judge in Alberta knocking back its request for an appeal against a Government de...

Red 5 (RED) launches open pit mining at its King of the Hills Gold Project in WA Following months of planning and preparation, Red 5’s mining contractor, Macmahon Contractors, began open pit mining at the 100 per cent owned project The com...

New additions this month: Wesfarmers (ASX:WES), South32 (ASX:S32), Newcrest (ASX:NCM), Seek (ASX:SEK), Beacon Lighting (ASX:BLX), Webjet (ASX:WEB), Pro Medicus (ASX:PME), Atomos (ASX:AMS), MAAS Group (ASX:MGH) and Red 5 (ASX:RED).

Garimpeiro would be wasting everyone’s time if he tried to predict the next move in the US gold price. It what it is, and it will be what it will be, as the tug of war between taming inflation and supporting economic growth plays out. But w...

Emerald Resources (ASX:EMR) has hit a snag in its bid to takeover unlisted Australian gold miner Bullseye after a long-term dissident shareholder of the target made an application to the Takeovers Panel to block the bid. Frictions between B...

Thermal coal is also back on the up after Indonesia, one of the world’s largest exporters, introduced an export ban this week. While some analysts believe it will be short-lived, it is driving pressure on prices in the short term, with ener...

Federal Government forecasters say there are $185 billion worth of major Australian projects in hydrogen, carbon capture and storage and ammonia in the pipeline. On numbers contained in the 2021 Resources and Energy Major Projects Report by...

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...

WA’s tight market, supply chain issues and border restrictions have given miners plenty of reasons to push back project time frames. Good news then, with two new mines in the Pilbara and Goldfields remaining on track to join Australia’s gol...

After joining ASX ranks in July, OZZ Resources (ASX: OZZ) has already debuted a maiden resource for its Maguires gold project and revealed today it had scooped up the “highly prospective” Leonora project – expanding its footprint in a well-...

Cost inflation inside the isolated and overheated Western Australian economy is forcing mine developers to reassess projects as profits wilt, but there is an interesting example of a miner which dodged the costs bullet – Red 5 (ASX: RED). T...

Perth-based OZZ Resources (ASX: OZZ) has released its maiden JORC-compliant mineral resource of a contained 21,632 ounces of gold at its Maguires deposit, one of five in the company’s portfolio. Maguires is an advanced target where historic...

Red 5 (RED) intersects up to 164.4 grams of gold per tonne (g/t) from the Cable Prospect in Western Australia Reverse circulation and diamond drilling was undertaken at the Cable and Mission prospects to upgrade the JORC 2004 mineral reso...

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...

The Covid-19 pandemic has played havoc with any number of things along the supply chain. BHP (ASX:BHP) can’t get train drivers, diesel costs are soaring and borders imposed by Covid wary state and national governments have made staff hard t...

The Commonwealth Bank has finally slashed its iron ore forecasts for 2021 and 2022 on the back of the steelmaking commodity’s 50% decline in value since reaching all time highs in May. It had expected iron ore prices to drop to US$170/t in...

Red 5 Limited (ASX: RED) is an Australian Gold producer with a major new Australian Gold mine coming into production in the next 9-12 months.

Highlights EBOS (ASX:EBO) acquires Sentry Medical to expand into medical consumables Piedmont (ASX:PLL) completes initial investment in IronRidge Knosys (ASX:KNO) completes acquisition of LIBERO The S&P/ASX200 closed lower We...

The Red 5 Ltd [ASX:RED] released its full-year financial results today. Red 5 is an Australian gold producer with operations in Western Australia. Red 5 shares its full year financial results. For the financial year ending 30 June 2021, Red...

Fresh from its ASX debut, OZZ Resources (ASX: OZZ) is wasting no time in evaluating its Western Australian gold and base metal projects with the first batch of assays from a maiden drill program anticipated this month. The explorer only hit...

Despite high Aussie dollar prices, gold miners have suffered from a stagnant price and investor disinterest in recent months, leading some to label cash generating gold producers a “contrarian investment”. As a hit to iron ore prices sunk t...

Resources and tech stocks led the ASX back into positive territory Thursday. After a drop yesterday, led by tech, the bourse rebounded with the ASX 200 closing 0.52% higher. Resources led gaining 1.51% and tech gaining 2.6%. The only sector...

ASX-listed miners are in a collective rut and even a record year of iron ore exports from BHP (ASX:BHP) could not get it in the green today. BHP lost upwards of 2% on the Aussie bourse, as did Rio Tinto (ASX:RIO), Lynas (ASX:LYC), Champion...

Summary The S&P/ASX 200 closed higher by 32.70 points or 0.45% at 7,308. The index ended the week with 0.83% loss, snapping a five-week gaining streak. Building materials supplier Boral emerged as the top gainer, while tech firm N...

The Red 5 Limited (ASX: RED) share price is racing higher today. This comes following an update on its King of the Hills (KOTH) gold project. At the time of writing, the gold producer’s shares are up 4.29% to 18.3 cents. What’s driving the...

Most of the big names in Australian gold mining have had a rough ride recently as the gold price has struggled to reclaim last year’s all-time high, but it’s a different story at the small end of the game where exploration success is the ke...

ASX gold share Red 5 Limited (ASX: RED) is having a wild ride today, up 3% in early morning trade and then down 3% by late morning at the time of writing.  Below we take a look at the company’s latest project update. What did Red 5 report?...

Summary Pursuit Minerals (ASX:PUR) sky-rockets 34% on geochemical findings at Warrior Avecho (ASX:AVE) completes pharmaceutical CBD soft-gel product design, shares surge Airtasker (ASX:ART) enters the US with Zaarly acquisition Th...

Summary The ASX 200 trades lower by 15.90 points or 0.23% at 7003.70, led by losses in energy and material stocks.  Retail giant Kogan is the top percentage loser on the ASX, while EML Payments emerges as the top performer. Technology...

The Red 5 Limited (ASX: RED) share price is tumbling lower in morning trade, down 8% at the time of writing after earlier posting losses of more than 11%. Below we take a look at the ASX gold miner’s latest production guidance for its Darl...

Summary The Australian shares opened higher on the last day of the week, tracking positive cues from the US stock market. The benchmark ASX 200 rose by 0.20 points to 7,019.80 in the opening trade. Meanwhile, the Dow Jones rose 0.55%,...

A $5 million initial public offering opens today for OZZ Resources which is bringing five Western Australian gold projects to the market. The company, which will trade under the ticker ‘OZZ’ when listed, has also pledged to keep a tight sha...

ASX 200 gold shares have struggled to outperform the market this year after an astonishing run in 2020. Gold staged a rally into record territory between May 2019 and August 2020, where prices surged from US$1,300 to above US$2,050.  More...

Summary The ASX 200 opened marginally higher on Friday, up just 6.50 points to 7,068.20. The Australian shares are expected to close the week in the green amid positive global sentiment and local mining companies benefiting from...

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....

Gateway has extended the known mineralised system at the Evermore prospect by 200m to the south after initial results from recent drilling hit high-grade gold. The initial batch of assays from the current drilling program returned results s...

The most recognisable director who made a $100k trade in the last fortnight was Maggie Beer who bought into her company’s rights issue. In 2019, her business was bought by Longtable Group (ASX:LON), and the entity was renamed Maggie Beer Ho...

If you want to know which ASX stocks fund managers and famous investors are putting their money into we’ve been keeping track of substantial holder buys (and sells). Trading Places is Stockhead’s recap of the substantial holder movements am...

A major 35,000m drilling campaign is progressing strongly at Gateway Mining’s (ASX:GML) 240,000oz-and-growing ‘Gidgee’ gold project in WA. Gateway’s main asset is the 1000sqkm Gidgee gold project, an emerging large-scale gold system in the...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest movers – the winners and losers alike. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday t...

The S&P/ASX 200 Index (ASX: XJO) is on course to end the week with a decline. In afternoon trade, the benchmark index is down 0.5% to 6,714.3 points. Four ASX shares that are falling more than most today are listed below. Here’s why th...

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...

The ASX finished in the red today dragged down by resources and energy. Materials and Energy stocks lost over 1 per cent each while Tech was the best sector gaining 0.70 per cent. Large caps fared worse than small caps with the ASX 200 losi...

17 Mar 2021 - Red 5 (ASX:RED) has received commitments for $175 million in project finance facilities to fund the development of its 2.4 million ounces, 16-year Life-Of-Mine King o…

ShareCafeAustralia…One Hour In…ASX200 up 44 points ASX200 up 44 points (0.7%) to 6783.   Domain (-1.4%); has cancelled the additional debt facility of $80m that it previously announced on 27 April 2020 as part of its response to COVID19. M...

The Red 5 Ltd (ASX: RED) share price is soaring higher today following the announcement of possible contract negotiations with Macmahon Holdings Limited (ASX: MAH). At the time of writing, the gold producer’s shares are up 5.8% to 18 cents...