Articles On Kingston Resources (ASX:KSN)

The ASX lost ground on Wednesday, as the banks struggled and the US dollar strengthened as markets continue to assess the prospect of tighter monetary policy and its potential effect on asset prices. Commonwealth Bank (ASX:CBA) tanked in th...

The hot debut of Evolution Energy Minerals (ASX:EV1) was not enough to save the ASX resources sector from falling today. The ASX 200 finished 0.67% down at 7,420 points. All sectors were down except tech, which gained 0.18%. In contrast, mo...

Kingston Resources (KSN) enters trading halt as it plans an upcoming capital raise It is currently unknown how much the company is planning to raise, but it did give a hint that there is an upcoming acquisition The trading halt means compa...

Listed gold explorer Kingston Resources has tapped Canaccord Genuity for a $13 million placement to support a mine purchase in New South Wales’ Cobar Basin.

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...

Kingstone Resources is divesting its 75% interest in the Livingstone Gold Project in Western Australia, following a share purchase agreement with Metal Bank Ltd.

The ASX is off to a positive start this week, putting its total gains over the past three weeks up to about 3.6%. The ASX 200 closed 0.34% higher – at 7,441 points. Spurring today’s gains was energy with a 2.64% gain while resources and uti...

The transaction represents an opportunity for Kingston shareholders to realise significant value for the exploration work completed at Livingstone to date while retaining exposure to its future exploration upside as Metal Bank seeks to expa...

Australian explorer Kingston Resources (ASX: KSN) has agreed to sell its 75% interest in the Livingstone gold project in Western Australia to Metal Bank (ASX: MBK) for a total consideration of up to $10 million. The transaction will see Kin...

Today, Melbourne exited their 6th (and hopefully final) lockdown and international flights from Sydney were pencilled in. The ASX fluctuated between red and green before closing a tenth of a point higher at 7,416 points. It is up 0.73% this...

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...

The rising gold developer is focused on two key projects in the Asia Pacific, with a definitive feasibility study for its flagship brownfields gold asset expected before year’s end.

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...

“This is a great result for Kingston shareholders, with the substantial upgrade in resource classification firmly establishing Misima as one of the most exciting new mid-tier gold development opportunities in the Asia-Pacific region,” says...

Aspiring producer Kingston Resources (ASX: KSN) has delivered a significant upgrade to the existing mineral resource estimate at its flagship Misima gold project in Papua New Guinea. The company today posted a series of increases to the pre...

Wall Street pulls back again on weak US inflation All three US stock market indexes fell overnight, as US CPI rises at its slowest pace in six months. The Dow Jones fell by 0.84%, S&P500 by 0.57%, and tech heavy Nasdaq by 0.45%. US bank...

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...

Highlights The Australian share market opened flat on Tuesday, down just 2 points at 7,526.50. On Monday, the Australian benchmark index rose marginally to 7,528.5. Resource stocks might gain during the day from surging metal prices t...

"Recent work has opened up the prospectivity of the entire tenement package outside of the focused exploration areas targeted by previous explorers," says MD.

A geological study of tenements surrounding the Livingstone gold project in Western Australian has identified a number of compelling and highly-prospective targets for owner Kingston Resources (ASX: KSN). It has also shown the project’s exi...

The Misima Gold Project in PNG also offers potential for additional resource growth through exploration success targeting extensions and additions to the current resource base.

Kingston Resources (ASX: KSN) has contracted Lycopodium (ASX: LYL) subsidiary Lycopodium Minerals to carry out process plant design work for a definitive feasibility study relating to the historic Misima gold project in Papua New Guinea. Ly...

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...

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...

The rising gold developer is focused on two key projects in the Asia Pacific, with a definitive feasibility study for its flagship brownfields gold asset expected before year’s end.

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...

Kingston Resources (ASX: KSN) gears up to reveal updated resources and reserves for flagship Misima gold project in the September quarter. The project, which is based in Papua New Guinea, has a current resource of 3.6 million ounces of cont...

Resource and reserve updates remain on track for the September quarter while DFS mine planning will begin upon finalisation of the updated Umuna block model.

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...

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...

Aspiring gold producer Kingston Resources (ASX: KSN) has announced significant new gold and silver results from the latest holes of a resource drilling program at Kulumalia within its flagship Misima project in Papua New Guinea. The holes r...

The initial phase of resource diamond drilling has been completed at Kulumalia, comprising 19 holes for 3,820 metres, with results to be incorporated into the Misima resource and reserve update expected in the September quarter.

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...

Kingston has been valued appreciably more than it is currently priced by Sydney-based MST Access thanks to its advanced 3.6Moz Misima gold project. MST Access, which has initiated coverage of the company, valued Kingston Resources (ASX:KSN)...

Kingston Resources’ (ASX: KSN) efforts to bring a historical Papua New Guinean gold mine back to life could put it on the path to becoming a substantial new gold producer in the Asia Pacific. In March, the company moved to 100% ownership of...

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 company recently moved to 100% ownership at the 3.6-million-ounce Misima Gold Project in PNG after completing all terms with its former joint venture partner Pan Pacific Copper Co Ltd.

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...