Articles On Silver Lake Resources (ASX:SLR)

Summary Wall Street slid to lower levels despite the four largest US consumer banks declaring blockbuster second-quarter results earlier this week. In the cryptocurrency space, Bitcoin fell 3.3% to US$31,733, the lowest level since 27...

Summary The S&P/ASX200ended 60 points or 0.31% higher at 7,354. The index gained as much as 5% to hit an intraday high of 7,368. The tech sector declined 2.7%, led by BNPL players Afterpay and Zip Co. Australian shares closed...

Summary The S&P/ASX200 traded higher by 20 points or 0.27% at 7,352 by the afternoon. The index opened flat and gained as much 0.5% to hit a high of 7,368. Barring tech, all sectoral indices were trading in green, led by utilities...

Summary The ASX 200 is set to open on a flat note today, with local miners expected to support the market. The US CPI in June 2021 jumped 5.4% year over year, the largest jump since August 2008. Iron ore futures in Asia ticked up on T...

Kairos Minerals (ASX: KAI) has unearthed “encouraging” drill results from a recent campaign at the Roe Hills project, with the program uncovering shallow gold mineralisation close to Silver Lake Resources’ (ASX: SLR) French Kiss operation....

Summary The ASX 200 is set to open 1% higher as Wall Street indices close on record highs. In the currency market, the US dollar and Japanese Yen eased on Friday as investors favoured riskier currencies. The iron ore futures in China...

Summary The ASX 200 is set to open 0.2% or 17 points higher as Wall Street closes in green. Gold prices rose above an important US$1,800 an ounce level as the US Treasury yields fell after minutes from the Fed’s June meeting. On Wedne...

Summary Today, the ASX 200 is likely to open on a flat note after a mixed trading session on Wall Street. On Wednesday, market participants would focus on minutes from the US Fed's Federal Open Market Committee (FOMC) meeting. Crude o...

Torian Resources (ASX: TNR) is hoping to unlock the value of its Mt Monger and Gibraltar assets in Western Australia’s eastern goldfields by spinning off its Monger Gold (ASX: MMG) subsidiary into an ASX initial public offering (IPO). Monge...

Summary The S&P/ASX200 ended 6.40 points higher at 7,315 ahead of the RBA policy decision due tomorrow. The index gained as much as 0.5% to hit an intraday high of 7,343.   Six of 11 sectors ended lower, while tech led the fall wi...

Summary The ASX 200 ended 43 points or 0.59% higher at 7308.60, led by gains in energy, telecom, and banks Barring tech and consumer staples, all sectors ended in green. Edutech firm IDP Education was the top gainer, while intellectua...

Summary The ASX 200 was trading higher by 21.90 points or 0.30% at 7,287.50 by Friday afternoon. Barring tech, all sectors were trading in green, while energy was the top gainer. Gaming start-up BlueBet Holding made strong debut on th...

Summary The S&P/ASX200 traded lower by 28.50 points or 0.39% at 7,284 by Thursday afternoon. The market sentiment was dented by curbs in various parts of Australia amid surging coronavirus cases of the Delta variant. Seven of the...

It was another solid month for the S&P/ASX 200 Index (ASX: XJO) in June. Over the period the benchmark index recorded a gain of 2.1% to 7,313 points. Unfortunately, not all shares were able to follow the market’s lead. Here’s why these...

Canadian court approves Sayona’s ~$107 million acquisition of the mothballed North American Lithium (NAL) operation Geological modelling confirms multiple new gold, base metal and iron ore targets at Tempest’s ‘Euro’ project Rock phosphate...

Summary The S&P/ASX200 dropped 57.90 points or 0.79% to 7,249 by Tuesday afternoon. The market witnessed broad-based selling as 10 of 11 sectors were flashing in red. The worsening COVID-19 situation in the country dented market s...

Summary The ASX 200 is poised to open lower on Tuesday, as surging cases of local transmission of coronavirus cases disrupted investor sentiment. On Wall Street, tech stocks rallied to take the NASDAQ 100 to an all-time high. On Monda...

Summary Today, the ASX 200 is set to open higher, likely to be supported by gains in energy and mining shares. The yield of the benchmark 10-year US Treasury had risen above 1.50% on Friday. On Friday, crude oil prices rose for a fift...

Mt Monger Resources Ltd has closed a heavily oversubscribed IPO – another significant box ticked as the highly anticipated gold explorer moves closer to ASX listing.  Mt Monger Resources (proposed ASX:MTM) expects to list in early-to-mid-J...

Summary The ASX 200 traded higher by 17.80 points or 0.24% at 7,293, led by gains in bank and miners’ stocks. Six out of 11 sectoral indices were flashing in green, while material gained the most. Mining firm Chalice Mining was the to...

Summary Today, the ASX 200 is set to open 0.6% or 44 points higher this morning. Bitcoin continued to rebound from the lower levels, gaining for the third straight session. On Thursday, copper fell for the first time this week on the...

Summary The ASX 200 closed lower for the second day in a row, falling 0.32% to 7,275.30. The ASX health care and energy stocks were among top losers, while tech and consumer staples emerged as top gainers. Australian retailer Woolwort...

Summary The ASX 200 is set for another weak session with a 0.35% lower opening, after a new cluster of COVID-19 is found in the state of New South Wales. Flash US manufacturing PMI surged to a record high in June 2021, helping Wall Str...

We again celebrate the volatility in Aussie gold plays by having a look at Northern Star Resources (ASX:NST) this week. Whilst from a price action perspective we are quick to acknowledge that NST is in downtrend on a one-year horizon, these...

I’m at Coogee and it’s another horrible Sydney winter’s day: This will do.Kidding. This is surely the most beautiful place to be in Australia right now. The sun is shining, there’s a crowd watching half an NRL team brave the surf, and I’m a...

Summary On Wednesday, the ASX 200 is looking to open 0.1% lower, likely to be dragged by energy and mining stocks. Bitcoin tried to recover after falling below US$30,000, and is up by 3.55%, at US$32,628. The benchmark iron ore future...

Summary The ASX 200 closed 1.48% higher at 7,342.20, recouping previous session losses. Ten of the 11 sectors ended in green, while the energy sector emerged as the top performer with 2.35% gain. Minding firm Pilbara Minerals was the...

Summary The ASX 200 traded higher in the opening trade even as the US shares ended lower overnight. By 10:30 AM (AEST), the benchmark was trading at 7,391.50, up 0.16%. The US investors awaited the Federal Reserve’s monetary policy st...

Summary The ASX 200 opened 7.20 points higher, at 7319.50, on Tuesday morning. By 10:15 AM (AEST), the ASX 200 was trading at 7,364.60, up 48.2 points, setting a new intra-day high. On Wall Street, the Dow Jones fell 0.25%, the S&...

Summary Today, the ASX 200 is expected to open 0.8% or 56 points higher, tracking a record closing on Wall Street. The US dollar fell slightly on Monday after logging its largest weekly gain in over a month, gaining over 0.4%. On Mond...

Summary The S&P/ASX 200 ended the day up 9.80 points, or 0.13%, to 7312.30. The tech sector emerged as the best performer, gaining 1.51% today and 7.19% over the past five days. Resolute Mining, Gold Road Resources, Mesoblast, Per...

Summary The Australian stock market opened flat on Friday despite the three major Wall Street stock indices closing higher overnight. However, the shares soon dipped and by 10:30 AM (AEST), the ASX 200 was trading at 7,277.10, down 0.3...

Summary The ASX 200 is expected to open almost flat as light positions are preferred ahead of a holiday-extended weekend. US inflation surged 5% in May, compared to the same month last year. Gold prices inched up after data showed US...

Silver Lake Resources has temporarily suspended operations at the Daisy Complex underground gold mine in Western Australia, following an incident suffered by a Macmahon Holdings contractor. Western Australia’s Department of Mines, industry...

Mining operations at Silver Lake Resources’ Daisy complex mine have been suspended following the death of a contract worker.

Summary The ASX 200 is expected to open 0.1% lower, after a weak session on Wall Street. The Australian and the New Zealand dollars had a rangebound trading session on Wednesday. On Thursday, the US consumer price data is due to be re...

Strickland Metals has seriously extended its Horse Well gold project on WA’s Yandal greenstone belt by acquiring the Yandal East gold project from Renegade Exploration.   Yandal East is around 320km2 in size, sits immediately south of Stric...

Summary The Australian share market opened flat on Wednesday, gaining just 30 points to 7,298.90. By 10:30 AM (AEST), the ASX 200 was trading 0.51% higher at 7,330. The surge was driven by a 1.2% gain for the materials sector, which i...

Summary The ASX 200 may open 0.3% higher on Wednesday after a reasonably positive overnight trade on Wall Street. The domestic energy stocks would gain from a jump in oil prices, although moves are expected to be small. The ASX 200, w...

Summary According to the ASX 200 futures, the index is expected to open flat on the back of a weak closing on Wall Street. The Aussie closed 0.4% lower at $0.7739, after gaining 1.04% on Friday, while the New Zealand dollar was up by 0...

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...

Summary The ASX 200 is set to open marginally higher, taking cues from a strong Wall Street closing. The so-called "meme stocks" continued their wild swings, with AMC Entertainment closing 83.4% up on a weekly basis. Crude oil surged...

Summary The ASX 200 hit a new all-time high of 7300.5 in intraday trade on Friday, breaching Thursday’s intraday high of 7,281.8. The index closed higher for the third session, adding 35.30 points or 0.49% at 7,295.40. Bitcoin, Ether...

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...

Summary The S&P/ASX200 is trading 5.20 points higher to 7265.30 by the afternoon. The index scaled a new intra-day high of 7282.3, before easing back. Healthcare, Industrials and Consumer Staples stocks gained over 1% each. ...

Summary According to the ASX 200 futures, the benchmark index is expected to open 0.25% or 17 points higher in today’s session. Gold prices inched up, hovering just below a near five-month peak hit in the previous session. Copper pric...

You can forgive incoming Mount Monger Resources managing director Lachlan Reynolds for having a sense of déjà vu. In a way he is back where it all started with the emerging gold explorer, which this week opened the latest junior gold IPO to...

Summary According to the ASX 200 futures, the benchmark index is expected to open 0.15% or 11 points higher in today’s session.   The US manufacturing activity picked up pace in May as pent-up demand amid a reopening economy has booste...

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...

Summary Audalia Resources reported cash and cash equivalents of AU$162,000 in the quarter ended 31 March. Alchemy Resources has completed phase one Reverse Circulation drilling at Alchemy’s Karonie Gold Project. Vita Life Sciences’ sh...