Articles On Red River Resources (ASX:RVR)

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...

Red River closed the quarter with a strong cash position and robust production at its stand-out Thalanga copper-zinc-lead asset, maintaining a Speculative BUY rating and a share price target of A$0.40.

It’s been a busy three months at Red River Resources’ (RVR) Thalanga Operation, with lead zinc and copper production all heating up The mining stock released its latest quarterly update today, revealing it produced an increased 7539 dry me...

Gold stocks are cheap, experts keep saying. Well-known analyst Jesse Felder has now demonstrated the “pathetic performance” of the US gold majors in handy chart form. The US listed BANG stocks (Felder’s play on FANG) include gold giants Bar...

The +9Moz, ~350,000ozpa ‘Kyuchus’ field will be one of Russia’s biggest gold mining projects. Kyuchus was first discovered in 1963, but its isolation in the harsh Arctic climate of the Yakutia region has, so far, stymied numerous developmen...

Thangala Operations produced 7,539 tonnes of zinc concentrate, 1,984 tonnes of lead concentrate and 4,411 tonnes of copper concentrate this quarter, while the Hillgrove mine produced 1,179 ounces of gold.

“We are pleased to have a new agreement with Glencore for copper concentrate produced at Thalanga. We have had a great relationship since 2017 and we look forward to continuing this,” says MD.

Red River Resources (RVR) signs new offtake agreement with Glencore International, a commodity producer and marketer Under the new agreement, Glencore will take 100 per cent of the copper concentrate produced at Red River’s Thalanga mine...

Investors want to see gold miners wisely grow their production profile. Not like miners did during the last cycle, when some irrational, highly priced M&A action destroyed significant wealth. The big gold miners have a “lousy recent his...

There is a lot of uncertainty in the market due to tensions in China, rising interest rates and continuing economic recovery of the global COVID-19 pandemic, with investors fleeing for safe havens to park their cash in. Safe havens like gol...

The valuations of major gold miners remain weak despite falling debt and record dividends, according to the latest Metals Focus Gold Peer Group Analysis. Australia’s largest gold miners Newcrest (ASX:NCM), Northern Star (ASX:NST), and Evolu...

It’s been a frustrating few months for gold bulls. As an investment hedge, gold shines during periods of poor or volatile market sentiment. It loves drama like pandemics, civil wars, or the unprecedented failure of the Lehman Brothers in 20...

Gold continues to consolidate around $US1,800/oz which, if we went back in time to July 2020, would be cause for celebration. Back then $US1,800/oz was an eight-year high and bullish sentiment was nudging even the shittiest exploration stoc...

Okapi Resources has claimed a major discovery at the Enmore gold project in NSW’s emerging New England Fold Belt, striking more than 170m of continuous high tenor gold mineralisation in a single drill hole. Okapi Resources (ASX:OKR) entered...

Hot Money Monday is typically the domain of ASX small caps, but this week saw plenty of larger companies near the top end of the list as investors responded to some reporting season surprises. Each week, Stockhead recaps ASX stocks that are...

Gold bugs would be breathing a sigh of relief this week as the price stabilises just shy of $US1,800/oz ($2,463/oz Aussie) thanks to Monday’s healthy 1.5% gain. While there are plenty of other red hot sectors attracting investor dollars rig...

Ikwezi Mining (ASX:IKW) topped the latest Running Hot list with a 14-day RSI of 82, after two straight weeks where lithium stocks dominated. Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relative Strength I...

The gold price itself had 12 months of consolidation. Now we are entering a new stage of a bull market which Barry Dawes of Martin Place Securities believes “will take it much, much higher”. In the big scheme of things, the pullback we have...

The company's foundation asset is the Thalanga Base Metal Operation in North Queensland, where copper, lead and zinc concentrate production began in September 2017.

On Sunday, a chaotic ‘flash crash’ saw the gold price plummet into the $US1600s per ounce before staging a mild recovery. Experts mostly point to a better than expected jobs report out of the US for heavy selling that saw the traditional he...

As an uncorrelated asset – value not tied to larger fluctuations in the traditional markets — gold has had “its lunch cut a bit” by crypto, PCF Capital’s Liam Twigger says. “There is an article in the last Economist asking, ‘what happens if...

Strong consumer buying and modest institutional investment helped create gold demand of 955.1 tonnes over Q2 – a 9% rise from Q1 2021, and in line with the equivalent period last year. While both consumers and retail investors were purchasi...

Hillgrove’s mineral resource update establishes the project as a million-ounce gold play with Australia’s largest antimony resource.

Red River’s overarching goal is to build a multi-asset operating business, focused on base and precious metal projects along Australia’s east coast.

Canaccord Genuity continues to see Bellevue as an exciting development proposition while it believes Red River is near an FCF (free cash flow) inflection point.

It is no longer just lip service — to create max value for shareholders, miners know they need good Environmental, Social and Governance (ESG) credentials. Failing to maintain good relationships with stakeholders (like governments, local co...

Hillgrove has an existing JORC resource of 5 million tonnes at 4.3 g/t gold and 1.5% antimony - RVR aims to further build this resource for a larger-scale, longer life mining operation.

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 program aimed to follow-up surface expressions of mineralised barite-quartz-sulphide-gold veins like that of the buried historical Highway-Reward deposit.

Two surveying techniques were utilised to analyse the ground at Orient, identifying and extending the structures of known mineralisation at the polymetallic asset.

Red River Resources has finalised an offtake agreement with Glencore for gold concentrate produced from the Hillgrove mine’s Bakers Creek stockpile in New South Wales. Red River started gold production from Bakers Creek in December 2020 and...

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...

This arrangement will see Red River sell 100% of gold concentrate produced at Hillgrove to Glencore, which is also the company’s copper offtake partner at the Thalanga operations.

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...

Glencore to buy Red River's gold ... MULTINATIONAL commodities trader Glencore has agreed to expand its relationship with Red River Resources.

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...

The Red River Resources Ltd [ASX:RVR] shares rose today after hitting high-grade gold up to 27 g/t Au at Hillgrove. Red River Resources Ltd [ASX:RVR] shares were up as much as 6.9% in early trade before retracing somewhat, trading up 2.4% a...

With peak assays up to 27.1 g/t gold, 4.2% antimony, and 0.39% tungsten from the diamond drilling, it is already planning the next round of drilling to target further high-grade extensions.

Summary The S&P 500 dropped 9 points or 0.12% to close lower at 7286.40, snapping a three-session gaining streak. National Australia Bank, Crown Resorts and SkyCity Entertainment ended in red after AUSTRAC launched a probe against...

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...

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...

Red River sold 6,700 DMT zinc concentrate, 1,484 DMT lead concentrate and 3,025 DMT copper concentrate during the March quarter.

The Red River Resources Ltd [ASX:RVR] share price is up today close to 5% after releasing a drilling update at Thalanga. Red River Resources’ goal is to build a multi-asset mining business focused on precious metals. Their main asset is the...

The company seeks to build its exposure to gold at and near Thalanga as well as its new Hillgrove operations in northern NSW.

Garner has played a key role in transforming the company into a multi-asset, multi-commodity diversified Australian mining company.

As the managing director and CEO of Newcrest, Smith helped the company become Australia’s biggest, and globally one of the largest, gold mining companies.

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...