Articles On Superior Resources (ASX:SPQ)

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...

After starting the day in negative territory, the Australian bourse recovered to finish higher. The ASX 200 closed 0.17 per cent up, at 7,348 points while the ASX Emerging Companies Index closed 0.71 per cent up at 2,203. Most sectors were...

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...

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 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...

ASX-listed Superior Resources has kicked off a significant new 8,000-metre drilling campaign at Greenvale in north Queensland that will look to build on its established gold resource base and follow up intriguing 2018 copper exploration sig...

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...

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...

Superior Resources Limited (ASX:SPQ) has announced the results of a Scoping Study conducted on the Steam Engine Gold Deposit, highlighting an opportunity to develop the project as a low CAPEX, financially and technically robust open pit min...

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...

Queensland-focused explorer Superior Resources Ltd [ASX:SPQ] has watched its share price storm upwards today on the release of its first assays from its drilling program at the Steam Engine Gold Project. Steam Engine, located 210 kilometres...

Superior Resources Limited (ASX:SPQ) today announced highly promising results from the first batch of assays from the recently completed Stage 2 drilling program at the company’s Steam Engine Gold Deposit, west of Townsville, Queensland. Th...

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...

Superior Resources Limited (ASX:SPQ) has released the fourth batch of assay results from the Phase 1 Drilling Program at the Steam Engine Gold Deposit, approximately 210 kilometres west of Townsville, Queensland. The promising assay results...

Superior Resources Limited (ASX:SPQ) will begin its second drilling program next month at the Steam Engine Gold Deposit in north Queensland – a follow-on from the recently completed 3,756 metre Resource drilling program. Program one consist...

Gold prices may have struggled to make another assault on all time highs but the US dollar to Australian dollar exchange rate continues to work in favour of local companies with Australian gold prices remaining stable in the $2,600 to $2,70...

Superior Resources Limited (ASX:SPQ) has released further promising assay results from recent drilling at the Steam Engine Gold Deposit, approximately 200 kilometres west of Townsville, Queensland. The assays are from a total of six reverse...

A second batch of assays from the Steam Engine gold deposit has backed Superior Resources (ASX: SPQ) in its belief that its Queensland project has a deposit style similar to that at the historic Charters Towers goldfield, renowned as possib...

MICROCAP explorer Superior Resources has reported strong infill drilling results ahead of a resource re-estimate and scoping study for its Steam ...

Superior Resources Limited (ASX:SPQ) has released the second batch of assays from the resource drilling program at the Steam Engine Gold Deposit in North Queensland. The results further boost the consistently strong first batch of assays fr...

A quick wrap of the ASX’s key winners and losers on Monday, September 14. Data is taken after the market closes at 4pm AEST. Stocks highlighted in yellow made potentially market-moving announcements during the day.   WINNERS Code Na...

Superior Resources Limited (ASX:SPQ) has released highly promising initial assays from its drilling program at the Steam Engine Gold Deposit, located approximately 210 kilometres west of Townsville, Queensland. Investors have responded posi...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

Superior Resources Limited (ASX:SPQ) has reported promising results from a reconnaissance field visit that followed up historic reports of gold mineralisation along an alteration zone located 1.2 kilometres east of the Eastern Ridge lode. T...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

A quick wrap of the ASX’s key winners and losers on Wednesday, August 12. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made market-moving announcements during the day. Today 493 stocks rose, 880 declined an...

Today is the last of our four-part feature on finding value in the gold sector where we have examined an array of factors that serve to determine which companies are likely to benefit most from all-time record gold prices. With a view to fo...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

The old saying, ‘’a rising tide lifts all boats’’ certainly applies to the gold sector at the moment with the share prices of most companies with any type of exposure experiencing forward momentum. However, the gold industry is very complex...

Gold is breaking out. In fact, you could argue it has broken out. The spot gold price has climbed significantly this year, reaching a record high of $US1977 ($2719) per ounce: some analysts predict gold will climb even higher, with Bank of...

–The below is a company sponsored announcement– Gold is breaking out. In fact, you could argue it has broken out. The spot gold price has climbed significantly this year, reaching a record high of US$1,977 per ounce (AU$2,719): some analy...

Following exploration success, a mineral resource upgrade and a successful capital raising in the first six months of 2020, Superior Resources Limited (ASX:SPQ) is emerging as one of Australia’s most promising diversified mining groups. On...

Superior Resources (ASX: SPQ) flagship asset is the Greenvale Project, which contains low CAPEX, potentially high return gold and copper resources in trucking distance to several potential toll treatment facilities.

A quick wrap of the ASX’s key winners and losers on Thursday, July 30. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made market-moving announcements during the day. Today 783 stocks rose, 532 declined and 7...

A quick wrap of the ASX’s key winners and losers on Thursday, July 23. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made potentially market-moving announcements during the day. Today 798 stocks rose, 500 de...

A quick wrap of the key winners and losers on Friday, June 26. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made market-moving announcements during the day. Today 907 stocks rose, 484 declined and 722 were...

A quick wrap of the key winners and losers on Monday, June 22. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow potentially made market-moving announcements during the day. Today 556 stocks rose, 793 declined a...

On Stockhead today, how a ‘tired’ gold mine transformed shell company Bellevue into a $650m market darling, cobalt has stumbled this year but EV growth is expected to drive demand and prices and is this a new dawn for nickel? But first…   T...

A quick wrap of the key winners and losers on Thursday, June 18. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made market-moving announcements during the day. Today 546 stocks rose, 792 declined and 776 wer...

A quick wrap of the key winners and losers on Monday, June 15. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made market-moving announcements during the day. The ASX had a modest start but tumbled in the las...

Gold prices recovered ground late last week as investors scrambled for a safe haven following a rather gloomy Federal Reserve forecast for the US economy. While gold has slipped slightly from its close of $US1737.07 an ounce on Wednesday to...

A quick wrap of the key winners and losers on Friday, June 12. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made market-moving announcements during the day. Today the ASX plunged over 3 per cent in the firs...