Articles On Capricorn Metals (ASX:CMM)

Peel Mining (ASX:PEX) is raising up to $23m to fast track further growth at its South Cobar project, with a focus on developing a 10-year copper operation. The company has already received binding commitments for a $21m placement of shares...

Geopolitical concerns continue to be the main driver for the markets, with the ASX 200 falling by 1.26% today. With Wall Street closed overnight (Presidents Day), local shares opened lower and remained in the red on the back of a risk sello...

It’s a bad day for most ASX shares today, with the broader market sliding lower this afternoon. Though, there are some mid-cap shares going against the crowd to hit their highest point in 12 months. The share price of both G8 Education Ltd...

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...

Copper-zinc explorer Belararox now up +100% on its late Jan listing price Mark Creasy scoops up a 9.6% stake in gold-lithium explorer Peregrine Gold for $2.25m Traka raises $800,000 to fund exploration at WA copper-gold porphyry project H...

Local shares moved higher today. Investors took to safety, betting on gold producers on concerns that Russia may invade Ukraine this week. Aussie gold stocks buoyed the ASX 200, which closed 0.28% higher, defying Wall Street as well as othe...

On a day where the All Ordinaries Index (ASX: XAO) is barely making a move, it’s perhaps surprising that an ASX All Ords share would be making a new all-time record high. Let alone two such ASX shares. But that’s the position we seem to fi...

Garimpeiro would be wasting everyone’s time if he tried to predict the next move in the US gold price. It what it is, and it will be what it will be, as the tug of war between taming inflation and supporting economic growth plays out. But w...

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...

The ASX 200 still struggled for clear direction on Thursday, but a bit of risk appetite returned in afternoon trade that saw the index close in positive territory with a gain of 0.14%. The resources and materials indexes did all of the heav...

Gold miners and previously rampaging lithium stocks suffered big losses but Rio Tinto (ASX:RIO) helped limit the hit to the big miners as iron ore futures rallied. Rio gained 0.24% after rising higher intra-day to buck the trend across the...

The Montgomery Fund (The Fund) closed an impressive 2021, outperforming the S&P/ASX 300 Accumulation Index by 7.61 per cent, after fees. Over the year The Fund also paid a solid distribution at 30 June and a smaller one at 31 December,...

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...

The materials sector dominated the top spots among the large caps today, with gold miners propping up a struggling ASX 200. Oceanagold (ASX:OGC), Regis Resources (ASX:RRL), Northern Star Resources (ASX:NST), West African Resources (ASX:WAF)...

Capricorn Metals (CMM) kicks off $10 million, 81,000-metre drill program at its Mt Gibson gold project in Western Australia The program involves infill drilling of the current 2.08 million ounce resource and testing gaps between resource p...

US stocks continued to edge lower overnight, amid lingering fears over the pace of monetary policy tightening by the Fed in the year ahead. On local markets, the ASX also looks set to slide following the weak Wall St lead, after stocks larg...

The ASX 200 was down 0.25% today, with investors possibly worried about looming US interest-rate hikes and unfolding Omicron news. Of the winners, Woodside (ASX:WPL) was leading the energy pack, up 2.51%, with Rio Tinto (ASX:RIO) leading ma...

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....

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...

ShareCafeCMM – Macquarie rates the stock as Neutral Macquarie adds a development scenario to its calculations for Capricorn Metals after tenure was granted for the Mt Gibson project, and upgrades to Neutral from Underperform. The broker bel...

$1.22 billion lithium stock Piedmont Lithium (ASX:PLL) says its Carolina lithium project will be at the bottom end of the global cost curve. A new BFS today has outlined a path to production for the 30-year, 30,000t per annum lithium hydrox...

Capricorn Metals (CMM) has been granted all key mining tenure at its Mt Gibson Gold Project in Western Australia The grant of the mining tenure allows the company to grow the gold resource and advance the project towards a maiden reserve e...

Wall Street falls on Omicron concerns All three major benchmarks finished lower overnight, on concerns the new variant may pose a real threat. The WHO warned the Omicron variant is spreading at an unprecedented rate and may already be prese...

Ask A Fund Manager The Motley Fool chats with fund managers so that you can get an insight into how the professionals think. In this edition, Eley Griffiths portfolio manager Nick Guidera reveals the 2 ASX shares that currently dominate hi...

The ASX 200 saw volatile trading today, opening higher and losing steam by midday, before breaking away again to a +0.35% finish at the close. The local index followed Wall Street into the green, despite a US CPI print that hit a 39 year hi...

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...

The ASX 200 closed Friday’s trading lower by 0.38%, but was still up 1.6% for the week. The local market was relatively quiet today as nervous investors awaited the key US CPI data to be released tonight (US time). Investors could be bracin...

Losses in the energy and financial sectors outweighed materials and communication services gains leading to a -0.54% total decline for the ASX200 in November, as volatility increased with news of a new covid variant. -The ASX200 lost -0.54%...

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...

The ASX 200 closed in the red for the third time in four sessions on Thursday, but an afternoon rally saw it finish just 0.15% lower on the day. As markets reassess the outlook for tighter monetary policy and ongoing COVID-19 disruptions, t...

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...

Iron ore charged back above US$100/t overnight, on indications steel mill margins were turning more profitable. Iron ore futures were still rising this morning even after prices moved north overnight. The charge in iron ore prices has come...

Mark Clark chaired gold miner Capricorn Metals (ASX:CMM) has defied a bearish market for gold stocks over the past year. Established producers have crumbled in the face of commodity price malaise, rising costs and fears about the onset of i...

After falling by ~0.8% on Tuesday, the ASX 200 struggled for traction in Wednesday trade to finish 0.15%. Now that he’s shepherded the US economy through a pandemic, J-Pow is back for a second term. And while he’s not about to hike rates wi...

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...

The ASX 200 rebounded by 0.13% today, after posting losses over the last two days. Healthcare, Real Estate and Consumer Staples were the best sectors rising by 1% each, while Energy was the main laggard losing 1%. Falls in energy stocks fol...

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...

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...

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...

Nickel and gold explorer Moho Resources is linking up with one of WA’s top exploration teams in a new hunt for nickel and battery metals in WA. Moho Resources (ASX:MOH) has inked an agreement with Whistlepipe Exploration, a consultancy run...

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...

There is no shortage of gold-loving analysts, fund managers, miners and investment bankers ready to tell you the gold mining sector is undervalued. While miners are reporting the same profits they were a year ago, the retreat of gold prices...

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...

First pass drilling by Strickland uncovers zinc-lead discovery next to Rumble’s Chinook deposit GTI Resources to start exploration at the ‘Henry Mountain’ uranium and vanadium project Peregrine identifies a promising 450m x 150m wide gold...

World Overnight SPI Overnight 7282.00 + 50.00 0.69% S&P ASX 200 7272.50 – 8.20 – 0.11% S&P500 4363.80 + 13.15 0.30% Nasdaq Comp 14571.64 + 105.71 0.73% DJIA 34377.81 – 0.53 – 0.00% S&P500 VIX 18.64 – 1.21 – 6.10%...

World Overnight SPI Overnight 7261.00 + 14.00 0.19% S&P ASX 200 7280.70 – 19.10 – 0.26% S&P500 4350.65 – 10.54 – 0.24% Nasdaq Comp 14465.93 – 20.28 – 0.14% DJIA 34378.34 – 117.72 – 0.34% S&P500 VIX 19.85 – 0.15 – 0...

Capricorn Metals has achieved steady-state production at the Karlawinda gold mine in Western Australia’s Pilbara region, marking its first quarter of operations after construction in June. The company produced 24,329 ounces of gold for the...

Investors are yet to play their cards on the majors despite a big move in iron ore markets late last week, as 5% gains in Dalian Iron Ore Futures were followed by similar moves in the spot price. At US$123.38/t, iron ore prices are back int...

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...

Assays from a Phase two drilling program at Kalamazoo Resources’ (ASX: KZR) Ashburton gold project in Western Australia’s Pilbara region has extended a new area of moderate to high-grade mineralisation known as the Waugh Zone. The zone was...