Gold prices have continued their march higher in the last 24 hours, currently trading near USD $1355oz. Silver has also rallied, continuing the impressive run in precious metal prices which dates back to mid December 2017, with gold and silver up 9% and 12% respectively in this current rally. Show More
Strong investor interest has continued in the junior and mid-cap resources stocks through 2017. Despite a relatively flat first half of the year, the second half has seen a 20-30% increase in the relevant ASX indices on the back of steadily improving metals prices, particularly in the base and battery... Show More
With the acquisition of 100% of the Red Mountain Zinc-Silver-Lead-Gold VMS in Alaska, White Rock Minerals is ideally placed to take advantage of the current and forecast strength in zinc markets. The Company has recently completed a JORC 2012 compliant Mineral Resource Estimate for Red Mountain, returning an overall resource... Show More
Despite a flat few months (and some EOFY selling), there continues to be strong investor interest and good value in the junior to mid-cap resources 18 months into the current cycle, particularly for those companies with quality management and projects. Gold is holding its ground at around US$1250/oz, and despite... Show More
Little-known Draig Resources, now with former Gryphon Minerals chief Steve Parsons at the helm, is hoping to do a Northern Star with its plan to revive the high-grade Bellevue gold mine in WA. And analysts see scope for significant profits at Silver Mines once it brings Bowdens into production. Show More
Tom Piotrowski speaks with Silver Mines Ltd (SVL) Managing Director, Anthony McClure about the company’s feasibility study for its Bowdens Silver project and the timeline for getting the mine into production. Show More
Here we are at the start of another exploration field season in Western Australia’s remote Fraser Range, home to the 2012 Nova nickel-copper discovery by Sirius Resources, now a producing mine and part of Independence (ASX:IGO) after its $1 billion cash and shares takeover in 2015. Show More
The junior resources market is continuing the momentum that started in 2016. Although we saw the gold price, which has been one of the main drivers of the recovery in the sector, fall in the latter part of the year, it has now recovered and is trading back above US$1,200/oz.... Show More
It is that time of year where we reflect on the previous 12 months and look towards the next. For all intents and purposes 2016 has been a bumper year for the juniors and mid-cap resource stocks following five years of pain, with our view being that 2017 again will... Show More
Impact Minerals has raised its exploration excitement level reporting a 48 metre thick interval of sulphide mineralisation including 23 metres at 224 g/t Ag (3.6oz/t) and 1 g/t Au at its Commonwealth (NSW) prospect. The latest result, combined with two earlier thick drill intersections (68 metres and 48 metres) on... Show More
Global markets have been waiting all week for Yellen to give her speech (midnight AEST) at Jackson Hole tonight. The electrifyingly titled "The Federal Reserve's Monetary Policy Toolkit" belies its potential significance. Half the world's traders will have their fingers on the trigger, or at least watching their favourite asset... Show More
Gold is overpriced relative to a selection of 10 globally significant prices and financial variables with a potential bearing on bullion prices. Show More
Over recent weeks we’ve discussed the various fundamental reasons for the strong performance of firstly gold, then silver. After being outperformed by gold, silver has played catch-up and realigned in line with the traditional gold-silver ratio. In early March 2016, the ratio moved to highs of over 83:1 (the highest... Show More
The silver price has begun to retrieve the losses against gold accumulated over nearly five years. The shorter term of the two charts highlights the five percentage point outperformance by the silver price since the end of June and a total gain of 27% since the beginning of June compared... Show More
Silver appears to be playing a game of catch-up with respect to its big brother, gold. It's recently touched US$21 for the first time in two years, driven by the same factors that are driving gold - Brexit fall-out, negative interest rates, economic uncertainty, US rate rates on hold and... Show More
While gold has posted an impressive gain of 21% this year already, it has done so in what is traditionally a seasonally-weak period of the year for the metal. The only losing months this year thus far have been March and May, which was to be expected - with these... Show More
Silver’s break above the US$16.40 level, and a climb out above the Weekly Ichimoku clouds for the first time in almost five years, mark a significant move, with scope for silver to move up above US$20 and aim for US$22 in a test of the 2014 highs. Take a look... Show More
Azure Minerals intersected 200.2 metres of continuous silver mineralisation grading 34 g/t Ag and 0.09g/t Au at its Loma Bonita prospect in Sonora, Mexico. Three holes have been drilled along a 900 metre ridge each intersecting similarly highly altered sequences of volcanic rocks with thick zones of breccia and shallow... Show More
Despite the overnight pullback in metals prices, it’s been another strong month for gold, with record ETF inflows, and prices moving decisively above USD $1200oz. Lately, the move in gold has coincided with risk assets rallying, no doubt driven by dovish activity in Europe and Japan. Show More
Silver City Minerals Limited, exploring for base metals near Broken Hill, has been classified as a Phase I company and rated ‘3+’ on the five point PortfolioDirect rating scale where a ‘5’ is the highest rating on the risk adjusted quality scale. Show More
