Teranga value uplift in sight
May 2 - 8, 2012
DESPITE using what many would undoubtedly suggest is a conservative gold price in its modelling – certainly gold bulls anyway! – mining investment firm Argonaut sees big value in ASX and TSX-listed Senegal gold miner Teranga Gold Corp.
Excelsior packs some exploration nous
April 25 - May 1, 2012
APRIL 24 - A SELL down of gold stocks! What sell down of gold stocks? Excelsior Gold technical director David Potter points out his company’s shares have been flying, and claims the company’s strategy is a key reason why.
Resolute on gold holdings
April 25 - May 1, 2012
NOT since the halcyon days of the Chalice openpit during the backend of the 1990s has Resolute produced so much gold during a quarter. The question is though, why is it keeping some of that gold it produced as bullion, rather than cashing up in the more traditional manner?
Dixon maintains there is life in the ‘graveyard’
April 25 - May 1, 2012
APRIL 24 - WILUNA has not exactly endeared itself to investors in recent years, but companies with ground in the region, companies such as Blackham Resources, hotly dispute any notion that the goldfield is a graveyard in terms of opportunity.
Gold’s new world
April 18 - 24, 2012
MINIMAL gold production, a market capitalisation of $A600 million, and trading liquidity that dwarfs that achieved by the likes of Gryphon Minerals, St Barbara Mines and Silver Lake Resources. Welcome to the wonderful world of gold in Asia.
One door leads to another
April 18 - 24, 2012
BARRY ‘blue sky’ Dawes has lived up to his moniker, telling a gold conference in Australia this week that $US2000 per ounce is on its way to planet earth this year, and $US5000/oz in 2015.
Gold to break back in H2
April 11 - 17, 2012
THE gold price will overcome its recent lethargy to threaten the $US2000 per ounce milestone late this year, a gathering of investors and journalists heard at the launch of the Thomson Reuters GFMS Gold Survey 2012 in London this week.
Cerro Negro continues to shine for Goldcorp
April 11 - 17, 2012
GOLDCORP, the buyer of Andean Resources back in 2010 and perhaps the global gold market’s pre-eminent stock, will focus on “earlier stage” opportunities to fill its project pipeline over the longer term.
On firmer ground
April 4 - 10, 2012
APRIL 2 - JOHN McKinstry hadn’t seen anything like the shemozzle he encountered when he walked in the door at Carrick Gold about a year ago. Now, with another piece of the company’s renewal strategy hopefully about to fall into place, he’s ready to shift the spotlight onto Carrick’s future and off its past.
Cutifani still has big job to do
March 28 - April 3, 2012
‘OILS ain’t oils’ as an ad once said, and so it is, it seems, with gold. So while Mark Cutifani can make a strong case on fundamentals as to why AngloGold Ashanti is an investment that institutions and others should have in their portfolios, it thus far at least hasn’t translated into strong buying.
Cracking the Ashburton code
March 21 - 27, 2012
GIVEN it is the key plank in the Northern Star growth story, investors will be keen to see the processing solution to be proposed for the refractory gold mineralisation issue at the Ashburton project in Western Australia.
Evolution won’t necessarily be smooth
March 21 - 27, 2012
NEWLY formed gold miner Evolution Mining believes a discovery recently made near one of its operations could be a “game changer”, while elsewhere, the company is looking at becoming an owner-operator at another of its mines and has put “on ice” development of other previously planned mines.
Wait weighing on Norton
March 7 - 13, 2012
‘HOW long do I have to wait?” is a line from English rocker Elvis Costello’s Impatience. We don’t know if Andre Labuschagne is a fan, but the answer he has for Norton Goldfields’ investors right now seems to be, “give me until July”.
Gilt-edged performance
March 7 - 13, 2012
WITH underlying earnings of $A38 million Regis Resources’ recent half year financial performance was again impressive, with the clever miner continuing to show its gold mining peers a trick or three.
Kingsrose throws itself into new drilling
February 29 - March 6, 2012
WITH a dozen or so rigs drilling aplenty, the outstandingly profitable Kingsrose Mining should get a good idea in the next 3-6 months whether it has got a big new mine on its hands in Indonesia. For their part shareholders will be rubbing their hands together at the prospect of receiving dividends, on top of the capital growth potential.
Meekatharra gets another starter
February 29 - March 6, 2012
THE old risk-reward investment maxim got a run this week, but atypically, it was the low risk, low reward side of the equation that was highlighted. It is fair to say the company involved, Reed Resources, isn’t exactly blessed with a superb new greenfields gold project – obviously very few are! – but managing director Chris Reed maintains there’s plenty to like and look forward to from the planned operation at Meekatharra.
More life seen beyond early rush
February 29 - March 6, 2012
FEBRUARY 27 - GROUNDRUSH was an “exceptional” opencut orebody in the Northern Territory and Tanami Gold is wondering whether the underground version might be similar. That, and Tanami’s hard won experience elsewhere, means it’s leaving no stone unturned ensuring the project has the best chance of being a big success.
Northern Star banks on further rise
February 29 - March 6, 2012
FEBRUARY 27 - YOU don’t mess around if you’re a mining contractor. You get in there, you get the job done, and, to put it nicely, you clear off. That’s the stereotype anyway and Bill Beament, who used to be a mining contractor but now runs the very successful gold miner Northern Star Resources, still does a mighty fine version of the stereotype.
Gold safe for now: WGC
February 22 - 28, 2012
THE factors that pushed the gold price up by more than 10% over 2011 are likely to continue for at least the first half of this year, according to the World Gold Council.
‘Best looking gold project I’ve come across’
February 15 - 21, 2012
BOB Pett has been around the block once or twice and seen a gold project or two in his time! He was, after all, the bloke that floated Resolute all those years ago. So when he labels the Katanning gold project as “the best looking gold project I’ve come across”, gold investors should presumably sit up and take notice.