Articles On Capricorn Metals (ASX:CMM)

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...

Capricorn Metals is a junior gold company that is entering an exciting time in its development phase. With the company very close to first gold pour and commissioning underway at its 100 per cent owned Karlawinda project in WA, there is sig...

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...

Australian gold production fell by nine tonnes for a total of 74 for the March quarter, down 11 per cent on the previous period, according to gold consultants Surbiton Associates. The output was worth $5.5 billion at the quarter’s average g...

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...

BETTER gains on a day when the patch was up nearly 2% overall included the likes of Capricorn Metals, which looks like it could be timing its run ...

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...

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...

Rox’s move to consolidate its shares and spin-off its nickel and base metal assets is all about its long-term growth as a gold-focused play. Key to this is the company’s move to carry out a 1 for 15 consolidation of its shares that will dra...

Capricorn Metals is edging closer to developing Australia’s next gold mine at the Karlawinda project in the Pilbara as the company looks to bring the 110,000 to 125,000 ounce-per-annum Birba gold mine to life in the June quarter.

World Overnight SPI Overnight (Jun) 6766.00 + 56.00 0.83% S&P ASX 200 6738.40 – 61.10 – 0.90% S&P500 3958.55 – 12.54 – 0.32% Nasdaq Comp 13045.40 – 14.25 – 0.11% DJIA 33066.96 – 104.41 – 0.31% S&P500 VIX 19.61 – 1....

World Overnight SPI Overnight (Jun) 6804.00 + 44.00 0.65% S&P ASX 200 6799.50 – 24.70 – 0.36% S&P500 3971.09 – 3.45 – 0.09% Nasdaq Comp 13059.65 – 79.08 – 0.60% DJIA 33171.37 + 98.49 0.30% S&P500 VIX 20.74 + 1.88 9...

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...

ASX-listed aspiring WA gold producer, Capricorn Metals has taken up an approximately 12 per cent strategic shareholding in Pilbara neighbour DiscovEx Resources via a $1.2 million investment in the latter’s $4 million capital raises.

Western Australia-focused explorer DiscovEx Resources (ASX: DCX) is forming an alliance with gold project developer Capricorn Metals (ASX:CMM), buying an adjacent project and getting Capricorn as a 12% shareholder. DiscovEx is acquiring the...

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...

MACA will proceed with an acquisition of Downer EDI’s surface contract mining business, Mining West, for $175 million, taking over $1.1 billion worth of contracts. The business comprises four large Western Australian contracts: Fortescue Me...

AN experienced team of professionals that has worked with Pilbara-focused companies Millennium Minerals and Capricorn Metals, and successful ...

South32 has agreed to sell its minerals royalties to gold-focussed royalty company Elemental Royalties for a total consideration of $US55 million ($75 million). This includes three gold royalties and a non-gold royalty of “immaterial value”...

MACA has flagged that its strong streak of mining contracts will continue in the 2021 financial year with a work-in-hand position of $2.4 billion in September 2020. The mining contractor is currently seeing positive market conditions throug...

Capricorn Metals has awarded a contract to Way Electrical for plant electrical installation at the Karlawinda gold project in Western Australia. Capricorn stated that this was the final significant construction contract for the build of the...

ASX-listed budding WA gold producer, Capricorn Metals, continues to reel off key development milestones on its way to starting up gold production at its Karlawinda project about 60km south-east of Newman in the Pilbara region.

ASX-listed budding WA gold producer, Capricorn Metals, continues to reel off key development milestones on its way to starting up gold production at its Karlawinda project about 60km south-east of Newman in the Pilbara region.

Australian Mining is proud to announce the finalists for the 2020 Australian Mining Prospect Awards. The Australian Mining Prospect Awards Epiroc Contract Miner of the Year award recognises excellence in contract mining, engineering, projec...

ASX-listed aspiring gold producer, Capricorn Metals, says it is on track to pour first gold by mid-2021 at its under-construction, stand-alone Karlawinda gold mine about 60km south-east of Newman in the Pilbara with the development proceedi...

GOLD was trading at US$1900.40 an ounce at the time of writing. The fall dragged down equities. Today's leader Capricorn Metals confirmed its ...

The stars aligned for Day 2 of Diggers and Dealers in Kalgoorlie with a robust uptick in futures markets indicating that the market was poised for a strong day and some upbeat activity was occurring in the commodities space. Gold was sittin...

There’s 191 ASX gold stocks on our list — from $25bn behemoth Newcrest (ASX:NCM) all the way down to $4.7m tiddler African Gold (ASX:A1G) – with a combined market cap of ~$82.8bn. Despite running out of puff in August and September the gold...

The capital raising wave shows no sign of crashing with August’s total coming in at $4.7bn. Once again resources companies raised more than any other sector — $163m of the $296m raised by companies with market capitalisations below $100m. F...

WA gold developer, Capricorn Metals, has awarded a $400 million contract to MACA Ltd for the first five years of mining at its rapidly developing 1.2-million-ounce Karlawinda gold operation 70km south-east of Newman in the Pilbara.

MACA has won a five-year contract from Capricorn Metals for open pit mining services at the Karlawinda gold project in Western Australia. The open pit services will include drill and blast, and load and haul activities, with around 11 milli...

Gold traded in a sideways fashion Thursday as the market awaited a key speech from US Federal Reserve chairman Jerome Powell. Powell’s address to central bankers Thursday US time in Kansas City, Missouri — standing in for Jackson Hole this...

Special Report: Gateway already had an established footprint in a gold-rich region of Western Australia that for years had been overlooked and is now the subject of an exploration frenzy. Gateway Mining (ASX: GML) owns the Gidgee gold proje...

The sudden drop in spot gold prices and reintroduction of COVID-19 restrictions in New Zealand have hit the relevant ASX small caps this morning. After 100 days of being virus-free, four COVID-19 cases were detected in the country. New Zeal...

Fortescue Metals Group has contracted Pacific Energy subsidiary, Contract Power Australia to build a power station at its Solomon iron ore mine in Western Australia. Under the engineering, procurement and construction (EPC) agreement, Contr...

Capricorn Metals continues to fine-tune its emerging 1.5 million-ounce Karlawinda gold operation in WA’s Pilbara region.

Capricorn Metals is set to to increase its throughput at the Karlawinda gold project in Western Australia’s Pilbara region to 5 million tonnes per annum. This is higher than the previously anticipated throughputs of 3.5 to 4 million tonnes...

Tearaway gold play Capricorn Metals was hunting for fresh capital on Monday morning.

Argonaut and Canaccord Genuity's equities desks were expected to be in the market with a capital raising for gold play Capricorn Metals on Monday. 

ShareCafeOvernight: Conflicting Drivers World Overnight SPI Overnight (Sep) 5945.00 + 42.00 0.71% S&P ASX 200 5934.40 + 36.50 0.62% S&P500 3115.86 + 15.57 0.50% Nasdaq Comp 10154.63 + 95.86 0.95% DJIA 25734.97 – 77.91 –...

World Overnight SPI Overnight (Sep) 5945.00 + 42.00 0.71% S&P ASX 200 5934.40 + 36.50 0.62% S&P500 3115.86 + 15.57 0.50% Nasdaq Comp 10154.63 + 95.86 0.95% DJIA 25734.97 – 77.91 – 0.30% S&P500 VIX 28.62 – 1.81 – 5....

ShareCafeOvernight: Happy New Year World Overnight SPI Overnight (Sep) 5885.00 – 7.00 – 0.12% S&P ASX 200 5897.90 + 82.90 1.43% S&P500 3100.29 + 47.05 1.54% Nasdaq Comp 10058.77 + 184.61 1.87% DJIA 25812.88 + 217.08 0.85...

World Overnight SPI Overnight (Sep) 5885.00 – 7.00 – 0.12% S&P ASX 200 5897.90 + 82.90 1.43% S&P500 3100.29 + 47.05 1.54% Nasdaq Comp 10058.77 + 184.61 1.87% DJIA 25812.88 + 217.08 0.85% S&P500 VIX 30.43 – 1.35 – 4...

The race to be the next listed gold producer is shaping as a showdown between Perth neighbours Capricorn Metals and Ora Banda Mining.

Capricorn Metals has secured two major supply and infrastructure agreements that will see it rely on gas to power its Karlawinda gold mine.