In today’s morning news bites: AMP has provided an update on its first half 20 details where it completed the sale of AMP Life, several junior explorers have reported their quarterly reports this week and PM Scott Morrison meets with Victorian Premier Daniel Andrews on further restrictions as the PM also says there is no …
Morning News Bites – Jul 30
COVID-19 cases set to be announced to be over 700 in Victoria, ASX rises on opening and Boeing phases out production of 747 jumbo. FMG provide their results for the Q4 and FY20. Record iron ore shipments of 47.3 million tonnes were recorded for the quarter and FY20 guidance was exceeded. FMG maintained a leading …
Morning News Bites – Jul 29
Rio Tinto is set to release it’s half-year profits after market close today, CIMIC Group are in advance talks for a potential sale of a 50% stake in Thiess and the banks instructed to reduce dividends. St Barbara release its Q4 and FY20 report, indicating an increase in gold production from the previous financial year …
Morning News Bites – Jul 28 GOLD HITS NEW HIGH!!
Todays morning news bites – GOLD HITS A NEW RECORD HIGH!! The gold price hit a high of over $1954US/oz ~ $2733AUD Musgrave Minerals Ltd is pleased to report assay results for a further five reverse circulation drill holes and the first five diamond drill holes from the current program at the new Starlight gold …
Continue reading “Morning News Bites – Jul 28 GOLD HITS NEW HIGH!!”
Morning News Bites – July 27 GOLD GOES BANG!
Today’s morning news bites – GOLD GOES BANG!!!! Gold closes in on a new record high trading at $1918US/oz ~ $2700 AUD. Bardoc Gold moved into a Definitive Feasibility Study during Quarter 2 and has stepped up the exploration and drilling efforts which will see Bardoc move to an emerging mid tier producer. Managing Director …
Continue reading “Morning News Bites – July 27 GOLD GOES BANG!”
Morning News Bites – July 24
In today’s morning news bites – Gold nears 1900US/oz overnight (~$2644A/oz), National cabinet meets today and Apple delays its iPhone 12. A first diamond drill hole for Talisman Mining has resulted in 0.81m @ 2.34 g/t Au from 467.1m Including 0.14m @ 4.10 g/t Au from 467.1m and 0.45m @ 1.34 g/t Au from 491.5m at …
Morning News Bites – July 23
Today’s Industry Link Media Morning News Bites : Blow out in the Federal Budget – WA and Mining holding it together. Gold reaches over $1870US/oz overnight and this is set to lift the market in open. Northern Star Resources has announced its Quarterly activities report with a record 262,717oz of gold sold at an AISC …
Morning News Bites – July 22
ASX drops on early trade after a four month high yesterday, Josh Frydenberg has eluded to a hit on the Federal Budget bottom line from wage subsidies and loss of tax revenue and Prince George turns 7! Resolute Mining has produced 107,183oz for the June quarter at an All In Sustain Cost of US$1,033/oz. This …
Morning News Bite – July 21
Job support for Australians extended at a reduced rate, Western Australia Premier Mark McGowan says mining companies need to stop relying on FIFO and face mask purchases restricted at major supermarket chains. Downer EDI is starting trade in July 21 in a trading halt as an acquisition is on the cards. The company made the …
Morning News Bites – July 20
Prime Minister Scott Morrison’s popularity has increased to its highest level in 12 months in the latest Newspoll, COVID-19 spread in New South Wales attracting more concerns and interest around Newmont and Northern Star Resources as NSR let lapse its exclusive purchase rights according to the AFR. Classic Minerals has purchased a Gekko Processing Plant to …