Articles On Red River Resources (ASX:RVR)

Retail investment in gold, silver has either hit new peaks or held up at multi-year highs, says Metals Focus 1 ounce gold Maple Leaf in the US commands a 40% premium at the retail level, for example This week’s top movers: Sihayo, Dacian,...

PGM demand will remain strong until about 2025, when it will start to fall off a cliff: Metals Focus Why 2025? Because that’s when electrification of transport really kicks up a gear However, Bridge Street Capital analyst Chris Baker belie...

Fitch has downgraded its gold outlook but expects prices to remain “elevated in the coming years compared to pre-Covid levels” Contrarian argument: “It is also a sector full of M&A possibilities as gold equities haven’t been this ‘chea...

Red River Resources (RVR) receives additional results from drilling at the Hillgrove mine in NSWAll up, 15 holes were completed at the Eleanora-Garibaldi deposit with assays now received for 10 holesDrilling intersected 20.3 metres at 4.1 g...

Small caps creep up 0.018%, ASX 200 stays flat Energy sector jumps with Karoon Energy and Terracom both up 7%+ The RBA is aiming for a soft landing for the economy   The ASX 200 was unchanged today with only six out of eleven sectors hig...

TSX listed Korara Resources finds another massive nugget stash at the Beta Hunt mine near Kalgoorlie The new discovery just below the super-rich, 30,000oz Fathers Day Vein China imported more than 80 tons (or 2.56Moz) of gold worth $US4.4b...

ShareCafeEvening Report: 11 August, 2022 by Paul Sanger   The ASX closed near the day’s high, following a strong lead from Wall Street overnight. Lithium stocks were very much in focus again today posting strong gains across the sector. Lak...

Red River Resources (RVR) unveils high-grade gold intercepts from five holes at the Eleanora-Garibaldi deposit within its Hillgrove gold project in New South Wales This drill program at Eleanora-Garibaldi was designed to follow up on previ...

ShareCafeLunch Report: 11 August, 2022 by Paul Sanger   The ASX opened up over 1 per cent, taking its lead from a strong Wall Street overnight. Lithium stocks continue their bull run. Lake Resources (ASX:LKE) is up 12.5 per cent , Core Lith...

EVN’s Jake Klein predicts US$2-US$3,000/oz gold price for this time next year Is a wave of merger and acquisition activity coming in the ASX gold space? Bounce back in vehicle production to boost PGM demand Gold price hits a four-week high...

Gold price hits three-week high post-FOMC rates decision ASX Quarterly Gold Wrap: producers hit a low bar, investors are pleased Gold demand falls in H1 as cost-of-living pressures bite, WGC says Our Gold Digger column wraps all the news...

Antimony’s importance dates to WWII when its flame and heat resistant properties elevated this metalloid to hero status To this day, antimony is used right across the board in the defence industry for military applications But like most cr...

Gold is down 5% for July and on a broader downward trajectory, Metals Focus says Aeris Resources’ Golden Plateau deposit could extend the mine life at Cracow Golden State Mining has kicked off drilling at the Yule project in WA   Our Gold...

The mining CEO revolving door continues to turn as Red River Resources managing director Mel Palancian steps down for personal reasons, although he will remain temporarily in his current role in order to ensure an orderly transition towards...

Mel Palancian tenders his resignation as Managing Director and CEO from Red River Resources (RVR), citing personal reasons He will remain in his current role to ensure an orderly transition of responsibilities to the next managing director...

The US dollar looks set to reach 20-year highs, impacting gold’s safe haven status JP Morgan employees on trial in Chicago after ‘spoofing trades’ accusations PGM supply through the recycling of auto catalysts has taken a hit ‘cos Covid O...

Swiss data shows the highest total January to May bullion shipments since 2018 On a year-to-date basis US gold imports surged by 170% to 103t US also the largest destination for Swiss silver bullion, accounting for ~30% of the total; up fr...

Newmont’s Tom Palmer says gold may have found new floor of ~US$1600/oz in the wake of inflation With small gold miners are struggling with rising supply chain and labour costs, Palmer says consolidation in the sector makes sense Drilling r...

1 gram of gold can be recovered from about 41 recycled mobile phones Mint Innovation can recover $US12,000 worth of gold from one tonne of old circuit boards Gold trades sideways at ~$US1,850/oz Our Gold Digger column wraps all the news d...

US gold price down more than 10% or $200 from its peak But Aussie gold miners faring better due to weak AUD-USD exchange rate This week’s ASX standouts: Twenty Seven Co, OzAurum Resources Our Gold Digger column wraps all the news driving...

Zinc is starting to look decidedly sexy. The price of one of the most overlooked key metals has been building on the heady gains of recent years to be standing at $US1.87/lb, a gain of 15% since the start of the year. That follows on from t...

Gold price to hit $US2,200 as stagflation fears take hold U.S. and allies officially prohibit all transactions with Russia involving gold, one of its financial lifelines. Will it work? Gold price rebounds over past week to $US1,960/oz Our...

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...

Okapi has unveiled a 11-hole drill program to follow-up on “exceptional” maiden drilling at the Sunnyside prospect within its Enmore gold project in New South Wales. And it has good reason to be excited given that the top hit from the maide...

A good week for gold, which is up 1.04% to ~$US1,940/oz at time of writing. History shows us war doesn’t usually trigger an extended rally, but news flow – or lack thereof – coming out of Ukraine continues to be the biggest influence on the...

Red River will continue resource delineation and extensional drilling over the next 12 months.

Investors generally buy gold as a way of diversifying risk when s..t hits the proverbial fan. That’s why the precious metal appears to perform well in times of war or political instability. Conversely, stocks and bonds perform best in a sta...

Last year, the price of copper rose 33%, but that was just the entree. Goldman Sachs reckons the red metal will hit a record US$12,000/t over the next month, up from ~$US9,700/t currently. That’s uncomfortably bullish, but even the more mil...

Red River Resources (RVR) encounters broad mineralised zones of gold and antimony at the Hillgrove mine in New South Wales Results have been received for another four holes drilled at the Eleanora-Garibaldi area which returned lower grade...

Hillgrove has an existing mineral resource of 7.23 million tonnes at 4.5 g/t gold and 1.2% antimony and RVR continues to build this resource aiming at a larger-scale, longer life operation.

Alas. After teasing gold bugs with a push through $1,840/oz over the past week, we are now back below ~$US1,800/oz. Gold stocks can’t seem to catch a break. What gives? I don’t get it. PM miners didn’t even get the windfall of the market w...

The analyst has downgraded FY22E/23E EBITDA by 14% and 6%, respectively, while the price target remains unchanged.

Red River Resources (RVR) posts results of up to 86 metres at 2.3 per cent zinc equivalent from surface at its Cougartown prospect which is part of the company’s Liontown project in Queensland The company has previosuly completed 5697 metr...

The Cougartown and Cougartown West prospects look set to add to the company's pipeline with drilling confirming high-grade zinc close to the Liontown 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...

Over the December quarter, Red River Resources (RVR) resolved royalty issues and made plans to restart an underground mine at the Hillgrove project in NSW The company settled a royalty dispute with Thalanga Copper Mines, paying nearly $20...

Red River has finished the quarter in a secure position, settling the Thalanga royalty dispute and achieving ASX producer status on the back of solid quarterly production.

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...

RVR has confirmed broad zones of high-grade gold mineralisation at Hillgrove as well as tungsten mineralisation, giving the company confidence it can transition the asset from a historical narrow vein project into a larger-scale gold operat...

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...

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...

Impressive zinc-equivalent mineralisation has been discovered during its drill program at Liontown, the company's newest prospective mine.

Red River Resources (RVR) intercepts mineralisation of up to 20 per cent zinc at its Liontown Gap Lode The company is reportedly developing the site as its third mine at its Thalanga operation, focusing on an open pit/underground developme...

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...

The Australian bourse recouped most of yesterday’s losses despite tech stocks dropping again, this time by 3.49%. The ASX 200 rose 0.78%, closing at 7,411 points, with the gains driven by the resources and energy sectors, which gained 2.3%...

The ASX finished the day in the green and Ventia Service (ASX:VNT) defied the pattern of $1b+ floats underperforming by gaining 22% on its opening day. Also listing today was Cooper Metals (ASX:CPM) and it had a gain too, rising 10% today....

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...

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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...