Articles On Southern Gold (ASX:SAU)

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...

New exploration manager Robert Smillie will be based in South Korea and his appointment is part of an initiative to get more in-country technical expertise on the ground to increase project generation and expand the drill pipeline.

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...

Southern Gold subsidiary International Gold Private Ltd will receive up to 200 million BMV shares in exchange for the Gubong and Kochang joint ventures.

Southern Gold (ASX: SAU) has agreed to dispose of its 50% stake in the South Korean-based Kochang and Gubong projects to joint venture partner LSE listed Bluebird Merchant Ventures (BMV) in a deal worth US$10 million (A$13.2 million). The c...

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...

The company’s planned drill program involves at least two diamond drill holes for 250 metres and likely a third targeting the intersection point of the Nettle.

South Korea-focused Southern Gold (ASX: SAU) has kicked-off drilling at its Deokon project, while anticipating assays from soil sampling across its Daeam asset. Drilling has started at the Nettle zone within Deokon and will target a newly i...

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...

Metal Tiger’s investments in the South Korea-focused gold explorer continue to provide validation of SAU's project portfolio.

Metal Tiger’s latest investment in the South Korea-focused gold explorer is a further validation of its project portfolio.

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...

Commercial negotiations continue on settlement of Southern Gold’s sale of 50% JV interests in the Gubong and Kochang projects for a price of US$9.945 million with discussions advancing and an update to the market expected in the coming quar...

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...

Southern Gold is focused on the discovery of high-grade precious metal deposits in South Korea.

Horizon Minerals has acquired the Bulong South, Glandore and Cowarna gold projects in the Western Australian Goldfields from Aurenne Group Holdings for $5 million. The Bulong South project contains the Cannon gold mine which has an ore rese...

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 program has clearly identified a coincident gold-arsenic trend along the Golden Surprise trend, as well as a coincident gold-silver-arsenic anomaly at the Thorn and Nettle zones.

Intensive exploration work undertaken last year by Adelaide-based Southern Gold (ASX: SAU) in South Korea is beginning to pay off with drilling to begin soon after regulatory approvals have been given. These are expected by late April. The...

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...

The company, focused on gold and silver in South Korea, has a number of projects on the go and expects a transformative 2021.

The company, focused entirely on mining gold and silver in South Korea, has a number of projects on the go and expects a transformative 2021.

Southern Gold, focused entirely on mining gold and silver in South Korea, has seven projects on the go and expects a transformative 2021.

The payment for the JV interests in the project has not been made by the deadline, with the company now considering an alternative proposal by which the sale and purchase may be settled.

Adelaide-based Southern Gold (ASX: SAU) spent the northern autumn in South Korea with a strong focus on future drill targets, particularly for action in the second half of 2021. Southern Gold has eight 100%-owned projects in South Korea and...

For goldies, 2020 was a year when good news was rewarded, and great news celebrated. The precious metal has gained about 22 per cent year-to-date despite treading water since mid-August. And there’s a strong chance 2021 will start off with...

Southern Gold Limited has a swag of highly prospective gold projects in South Korea and is aggressively exploring many of them.

Adelaide-based Southern Gold (ASX: SAU) has come to agreement with its joint venture partner in South Korea, reporting the sale price for its 50% stake in two gold projects has been set at US$9,945,000 (A$13,475,000). The Australian company...

In accordance with the joint venture agreements, Bluebird has 60 days from November 27, 2020, to pay the amount to buy-out Southern Gold's interests.

The company is using industry-standard survey gear owned by KIGAM (Korean Institute of Geoscience and Mineral Resources) to complete exploration work in South Korea.

"Southern Gold is pioneering exploration in South Korea with the Aphae drone magnetic survey, as relatively detailed magnetic data is usually the first data you have in more advanced exploration jurisdictions such as Australia," says MD.

South Korea-focused exploration company Southern Gold (ASX: SAU) has confirmed its in-country team is making progress on seven different project areas, managing a program of drilling, prospect mapping, geophysical surveying and soil samplin...

The company has also secured significant funding, largely from ‘technically astute’ institutional investors looking at the long term prospects.

During the September quarter, Southern Gold (ASX: SAU) was busy on the ground advancing its numerous gold projects in South Korea. To fund its accelerated exploration plans in the country, Southern Gold raised $10.2 million during the perio...

The company plans to use its local South Korean geological team for follow-up mapping and sampling work to enable new projects to be added to the drill pipeline for 2021.

The company plans to use its local South Korean geological team for follow-up mapping and sampling work to enable some new projects to be added to the drill pipeline for 2021.

The company plans to use its local South Korean geological team for follow-up mapping and sampling work to enable some new projects to be added to the drill pipeline for 2021.

Southern Gold (ASX: SAU) has received regulatory approval for a deep drill program to begin next week at the advanced Weolyu gold-silver project in South Korea. The drill program will comprise five holes for a total 1,610m program to test a...

Metal Tiger PLC and Flannery Family Office invested $1.7 million and $1 million respectively, maintaining their 17.1% and 10.4% stakes.

NORTH American “strategic investor” Crescat Capital will hold 9.8% of explorer Southern Gold after investing A$2.5 million in a total $10.2 million ...

A strategic North American investor Crescat Capital LLC has corner-stoned Southern Gold’s (ASX: SAU) oversubscribed $10.2 million equity raising. Southern Gold has received binding commitments from sophisticated and institutional investors...