Articles On Silver Lake Resources (ASX:SLR)

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...

The S&P/ASX 200 (ASX: XJO) started off the day with a surge, up 0.28% to 7,134.1 points, just shy of the all-time high 7,172 the index reached earlier this month. At the time of writing it has pulled back and is sitting down 0.01% at 7...

Summary The ASX 200 is expected to open 0.5% or 34 points lower due to the weak closing of the US markets. The yield curve flattened further for a fourth consecutive session. Gold prices continued to scale higher and hit a more than f...

Lefroy Exploration’s hunt for an intrusion-related discovery in the valley of the giants between Kalgoorlie’s Super Pit and the St Ives gold camp has continued to deliver. New drilling at the Burns prospect at Lefroy Exploration’s (ASX: LEX...

Summary The ASX 200 trades higher by 15.20 points or 0.22% to 7045.50 at the close, led by gains in heavyweight healthcare and energy stocks. Retail player Kogan.Com and gold miner Silver Lake Resources are top performing stocks on the...

A drilling campaign over high-priority gold and nickel targets has been completed at Kairos Minerals’ (ASX: KAI) wholly-owned Roe Hills project, east of Kalgoorlie in Western Australia. Drilling contractor Ausdrill managed the job, which co...

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...

Assessing a scenario through different eyes can sometimes lead to spectacular results – exactly the case for Latitude Consolidated at its Murchison project in WA. Latitude (ASX:LCD) today announced it had grown the global mineral resource...

The benchmark index ASX 200 continues its upwards trajectory at the close, after the Reserve Bank of Australia (RBA) upgraded GDP growth forecast and committed to remain “highly accommodative” until 2024. The benchmark is up 21.5 points or...

Summary The ASX 200 traded higher on Friday, supported by gains made by mining stocks amid rising commodity prices. Gold stocks led the index rise, but tech and healthcare stocks capped the gains. Appen Ltd, Silver Lake Resources and...

Summary Treasury Secretary Janet Yellen’s statement on a possible rise in inflation was not well received by the financial market on Tuesday. Later, Yellen clarified that she is not trying to influence the Federal Reserve’s decision, a...

Summary Snapping three session gaining streak, ASX200 was trading lower on Thursday. The benchmark index was down 31 points to trade at 7064, retreating from its 52-week high. 9 of 11 sectors were trading in red, while information tec...

The Karonie Project is directly along strike to Silver Lake Resources' Aldiss Project and along strike to the south of Breaker Resources' Lake Roe Gold Project.

Summary Australian shares are set for a positive start on Thursday, extending gains to a fourth straight session and drawing close to an all-time high. The local share price index futures rose 0.2%, a 15.8-point discount, to the underl...

Summary The ASX 200 is looking to continue its gains with a higher opening by 0.15% or 10 points. The Brent crude fell 0.3% to US$68.67 a barrel, while WTI crude was down 0.6% and settled at US$65.29. Softening of the US dollar helped...

Strickland Metals has secured the remaining 37 per cent interest in the Horse Well gold project in Western Australia from Silver Lake Resources. The $1.75 million sale saw Strickland take full ownership of 1000 square kilometres, an inferre...