Articles On Saturn Metals (ASX:STN)

Saturn Metals has announced a 56 per cent increase in the indicated and inferred mineral resource to 76 million tonnes at 0.6 grams/tonne of gold for 1,469,000 ounces.

Saturn Metals (STN) updates the mineral resource estimate (MRE) for the Apollo Hill gold deposit at its Apollo Hill Gold Project in Western Australia The updated MRE reads 76 million tonnes at 0.60g/t gold for 1.46 million ounces, a 56 per...

They say a spoonful of sugar makes the medicine go down. In the gold space, junior explorer Carnavale Resources believes it may be building towards a Goldfields ‘sugar’ hit of its own. Carnavale (ASX:CAV) is a WA-focused gold and nickel su...

Gold price to hit $US2,200 as stagflation fears take hold U.S. and allies officially prohibit all transactions with Russia involving gold, one of its financial lifelines. Will it work? Gold price rebounds over past week to $US1,960/oz Our...

Keep up with the latest executive movements across the mining sector, including at DRA Global, Schlam and Gold Industry Group. Engineering group DRA Global managing director and chief executive officer Andrew Naude has stepped down from bot...

War gossip/news remains the main driver of gold prices. The precious metal is having one of those volatile weeks where unless they timed their entry and exit perfectly, investors probably had a tough time whether long or short, says OANDA s...

A good week for gold, which is up 1.04% to ~$US1,940/oz at time of writing. History shows us war doesn’t usually trigger an extended rally, but news flow – or lack thereof – coming out of Ukraine continues to be the biggest influence on the...

Investors generally buy gold as a way of diversifying risk when s..t hits the proverbial fan. That’s why the precious metal appears to perform well in times of war or political instability. Conversely, stocks and bonds perform best in a sta...

Azure’s portfolio keeps growing and growing after it staked two new exploration licence applications (ELA) alongside the application for an additional two licences to the south of the Barton Gold project. The land package now spans across...

The Killi Resources (ASX: KLI) share price had an astonishing first day on the ASX. It rocketed 160% higher. It has just gone through an initial public offer (IPO) process to raise $6 million to provide funds to enact its business strategy...

Alas. After teasing gold bugs with a push through $1,840/oz over the past week, we are now back below ~$US1,800/oz. Gold stocks can’t seem to catch a break. What gives? I don’t get it. PM miners didn’t even get the windfall of the market w...

Saturn Metals (STN) shares significant results from reconnaissance drilling across its Apollo Hill Gold Project in the Western Australian Goldfields A geological cross section of the Aquarius Prospect has been mapped An extensive blanket g...

Azure Minerals has kicked off exploration at the Barton gold project in WA, with 3,000m of RC drilling targeting extensions of  Genesis Minerals’ (ASX:GMD) new Puzzle North gold discovery. The target is gold mineralisation at Daisy Corner –...

Global silver demand hit ~1.02 billion ounces in 2021, the first time it has breached 1 billion since 2015, according to the Silver Institute. Of that, industrial demand hit a new high of 524 million ounces. And of that, photovoltaic (solar...

Gold is holding steady above US$1,800/oz – currently trading at US$1816.60. Some players are confident the gold market will trend net positive next year as the market digests the reality of the past 24 months. But commodity analysts at J.P....

The Azure Minerals (ASX:AZS) share price isn’t the only thing to have grown since the WA explorer hit paydirt in its very first drillhole at the Andover project in October last year. The size and scale of Azure’s company making Andover nick...

With gold spending most of the past week hovering around the US$1,800/oz (A$2,485/oz) mark, speculation has turned away from whether the precious metal can hold its gains to asking if it can test hit the US$1,850/oz mark. Gold is currently...

It’s been fairly choppy for precious metals this year, with economic recovery, rising nominal yields and the potential for rate hikes dampening investors’ appetite for gold. But on the flip side, new virus variants, fears of stagflation and...

US Fed chair Jerome Powell finally admitted that inflationary pressures weren’t going to be as sh­­ort-lived as perhaps expected. Earlier this week Powell surprised markets by suggesting it would be appropriate to drop the phrase “inflation...

Following a 7.6% surge from late September, the price of gold briefly hit five-month highs of ~$US1,872/oz on fears that current high inflation levels are more than ‘transitional’. Gold is an ‘inflation hedge’; an investment that ostensibly...

Saturn Metals (STN) receives firm commitments to undertake an $8 million share placement More than 16.6 million new fully-paid ordinary shares will now be issued to institutional and professional investors at 48 cents Saturn will use the...

The Australian bourse recouped most of yesterday’s losses despite tech stocks dropping again, this time by 3.49%. The ASX 200 rose 0.78%, closing at 7,411 points, with the gains driven by the resources and energy sectors, which gained 2.3%...

Saturn Metals (STN) enters a trading halt in regards to its first capital raising since September 2020 The company will remain in the halt until November 25 or when more details are released, whichever occurs first On November 19, Saturn...

Three listed explorers Elevate Uranium, Medallion Metals and Saturn Metals are seeking fresh funds today, while American Pacific Borates capped off a $37 million raise overnight.

Following a 7.6% surge from late September, the price of gold is now sitting ~$US1,860/oz for the first time since June. The Aussie price is looking even better, which is great news for our local producers: USD (dark) and AUD (light) gold p...

Growing concerns about inflation could send gold prices soaring back above the US$2,000 ($2,746) an ounce mark it last reached back in 2020. Prices of the precious metal have already been rising steadily over the past fortnight, up some 3.7...

The ASX closed down again today in spite of resources and tech gaining over 1%. The ASX 200 fell 0.24%, closing at 7,434 points. Despite the gains in resources and tech most other sectors fell with financials, property and energy retreating...

A global carbon taxation regime could slash gold miner profit margins by up to 45% unless an effort is made to reduce greenhouse gas emissions, Metals Focus says. Some countries, such as Canada and Sweden, already impose carbon taxes and th...

Explorers Global Lithium, Arizona Lithium gain after announcing big cap raises yesterday Construction of Alara Resources’ copper-gold project scheduled for completion by late 2022 M3 Mining (copper, gold), Frontier Resources (rare earths,...

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...

Nasdaq at all time high Tech stocks rallied in New York overnight, pushing up the Nasdaq composite index by 1.39% to its highest level ever. The Dow Jones rose by 0.68% and S&P 500 by 0.98% (also at all-time highs), capping off a good d...

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...

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...

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...

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...

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...

Western Mines Group (ASX: WMG) has commenced a major field exploration program at its Melita gold-base metals project on the Norseman-Wiluna Greenstone Belt in Western Australia’s eastern goldfields. Work will focus on the historic Princess...

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...

Azure has been awarded the promising Barton tenement that is close to several large and growing deposits in the highly-prospective Kookynie gold district in WA. The 200sqkm Barton tenement adjoins the third-party Puzzle North gold discovery...

With its ongoing nickel exploration success at Andover, Azure Minerals (ASX: AZS) is now firming up its gold potential with activities underway at the recently granted Barton tenement in the Western Australia’s eastern goldfields. The compa...

Drilling has further highlighted the prospectivity of Saturn’s Apollo Hill project with notable intersections extending gold mineralisation in multiple zones. Thicker and higher-grade intersections such as 8m at 5.62 grams per tonne (g/t) g...

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...

Saturn has kicked off its maiden drill program at the West Wyalong project targeting high-grade plunge extensions from historical face samples of over 155g/t gold. The initial four diamond hole program totalling 2,200m at the 2km Mallee Bul...