Latest news with #TrumpAdmin
News.com.au
4 days ago
- Business
- News.com.au
Gold Digger: Gold's fundamentals remain strong as investors seek shelter from the economic storm
Even in a bear case, the World Gold Council suggests there is natural support at US$3000/oz If economic conditions deteriorate, gold could run 10-15% higher still in H2 Anno Domini, anything goes in 2025 for gold with Bombs Over Baghdad (well not Baghdad, but all around it, it seems) sending the precious metal on a rocket to all time highs. We've caught our breath after the first round of Trump Admin tariffs and war in the Middle East sent bullion to US$3500/oz in April. But the precious metal is still 26% up through the first six months of the year and, as noted by the World Gold Council in its mid-year review this week, it's outperformed every asset major class there is, at least from an American-Eurocentric perspective. All up, the WGC has counted some 26 new all time highs through the first half of 2025, following on from 40 in 2024. Gold's attractiveness in times of crisis has been a major factor, with trade wars and concerns over the US economy sending investors flocking from US Treasuries for safe haven. The US Dollar has had its worst start to a year since 1973. "Conversely, gold ETF demand was particularly strong in the first half of the year, led by notable inflows from all regions," the WGC said in its report. "By the end of H1 the combination of a surging gold price and investor flight to safety pushed global gold ETF's total AUM 41% higher to US$383bn. "Total holdings rose by an impressive 397t (equivalent to US$38bn) to 3,616t – the highest month-end level since August 2022." While central bank demand doesn't look as strong as it did in the past three years, it will remain above long term averages. "At the same time, central bank demand is likely to remain robust in 2025, moderating from its previous records while staying well above the pre-2022 average of 500-600t." So where to from here? The WGC doesn't predict prices. But it has analysed the likelihood of various economic scenarios playing out. In the bull case global economic conditions could deteriorate, with gold benefitting from "lower interest rates and dollar weakness given growing concerns around US economic leadership and policy uncertainty." That would likely prompt a resurgence in central bank buying to diversify holdings away from paper currency and the Greenback, while gold ETFs have some slack. While high prices have been a deterrent, it's worth noting at 3616t, physical ETF holdings are shy of the 2020 peak of 3925t. The current bull cycle has seen 500t of additions and 400t of accumulation in the past six months alone. Previous bull cycles have seen ETFs amass 700-1100t, the WGC notes. A bull case could add a further 10-15% to gold in H2 for a 40% gain, eclipsing the percentage gain across 2024. A bear case, which would likely follow some form of risk resolution in terms of geopolitical and trade conflict (as remote as our dreams of firing Elon Musk off to Mars with only a Grok chatbot to keep him company), could lead to a 12-17% reduction in the gold price. Never fear ASX gold investors. That still hits a comfy natural support level of US$3000/oz. If you're not making money at that price your mine is not worth its salt. "In all, given the intrinsic limitations of forecasting the global economy, we believe that gold – through its fundamentals – remains well positioned to support tactical and strategic investment decisions in the current macro landscape," the report authors concluded. Winners and losers Here's how ASX-listed precious metals stocks are performing: CODE COMPANY PRICE WEEK % MONTH % 6 MONTH % YEAR % YTD % MARKET CAP MRR Minrex Resources Ltd 0.008 0% 0% 0% -20% 14% $ 8,678,940.02 NPM Newpeak Metals 0.021 0% 62% 31% 31% 91% $ 9,018,008.47 MTC Metalstech Ltd 0.14 8% 0% -3% -42% 0% $ 28,177,419.51 GED Golden Deeps 0.023 10% 0% 0% -39% -8% $ 4,073,891.12 G88 Golden Mile Res Ltd 0.009 -18% -31% 13% -10% 0% $ 4,898,230.70 LAT Latitude 66 Limited 0.037 -3% 23% -5% -74% -3% $ 5,305,826.09 NMR Native Mineral Res 0.155 -6% -30% 244% 675% 297% $ 137,011,284.06 AQX Alice Queen Ltd 0.004 0% 0% -56% -43% -50% $ 5,538,784.76 SLZ Sultan Resources Ltd 0.006 0% 20% -25% -25% 0% $ 1,388,819.46 KSN Kingston Resources 0.135 -4% 4% 73% 73% 90% $ 112,501,868.36 AMI Aurelia Metals Ltd 0.2 0% -35% 5% -5% 18% $ 330,051,664.80 GIB Gibb River Diamonds 0.035 9% 0% -10% -13% -13% $ 7,507,830.58 KCN Kingsgate Consolid. 2.46 -2% 1% 82% 47% 91% $ 616,026,543.88 TMX Terrain Minerals 0.0025 -17% 0% -38% -17% -17% $ 6,329,535.68 BNR Bulletin Res Ltd 0.056 -5% -7% 44% 24% 44% $ 17,910,412.70 NXM Nexus Minerals Ltd 0.065 -7% -21% 38% 71% 44% $ 43,470,692.14 SKY SKY Metals Ltd 0.078 28% 81% 47% 123% 44% $ 49,114,418.45 LM8 Lunnonmetalslimited 0.22 2% -8% 6% 38% -12% $ 49,641,339.15 CST Castile Resources 0.057 0% 2% -19% -29% -29% $ 17,121,920.48 YRL Yandal Resources 0.15 -12% 43% 3% -3% -14% $ 52,569,946.94 FAU First Au Ltd 0.004 14% 0% 100% 100% 100% $ 6,228,873.83 ARL Ardea Resources Ltd 0.42 0% 6% 25% -14% 27% $ 90,477,553.45 GWR GWR Group Ltd 0.115 17% 26% 35% 44% 44% $ 33,978,698.78 IVR Investigator Res Ltd 0.028 17% -10% 12% -45% 40% $ 48,515,961.51 GTR Gti Energy Ltd 0.004 0% 0% 0% 0% 14% $ 12,981,291.82 IPT Impact Minerals 0.008 14% 33% -26% -44% -15% $ 27,953,309.78 BNZ Benzmining 0.58 4% 26% 45% 330% 68% $ 110,501,390.72 MOH Moho Resources 0.005 25% 25% 25% 0% 0% $ 3,727,070.14 BCM Brazilian Critical 0.015 50% 36% 67% 0% 67% $ 20,968,531.76 PUA Peak Minerals Ltd 0.058 0% 205% 444% 1344% 648% $ 165,717,313.53 MRZ Mont Royal Resources 0.041 0% 0% 8% -38% -5% $ 3,486,221.51 SMS Starmineralslimited 0.027 8% 42% -25% -4% -25% $ 4,830,972.98 MVL Marvel Gold Limited 0.013 0% 0% 63% 117% 44% $ 18,111,154.14 PRX Prodigy Gold NL 0.002 0% 0% 0% 12% 0% $ 6,350,111.10 AAU Antilles Gold Ltd 0.005 0% 0% 0% 25% 67% $ 11,895,340.08 CWX Carawine Resources 0.095 -2% 0% -5% 10% -5% $ 22,431,917.66 RND Rand Mining Ltd 1.9 2% -9% 25% 30% 25% $ 106,926,806.68 CAZ Cazaly Resources 0.02 -9% -5% 54% -5% 43% $ 8,764,756.83 BMR Ballymore Resources 0.175 13% -8% 52% 9% 46% $ 35,346,117.00 DRE Dreadnought Resources Ltd 0.011 5% -8% 0% -48% -8% $ 55,874,500.00 ZNC Zenith Minerals Ltd 0.036 6% 20% 3% -29% -10% $ 18,001,486.90 REZ Resourc & En Grp Ltd 0.019 -10% 19% -42% 15% -17% $ 14,201,979.17 LEX Lefroy Exploration 0.13 24% 24% 88% 63% 86% $ 31,052,517.25 ERM Emmerson Resources 0.135 4% -4% 73% 114% 75% $ 82,630,454.27 AM7 Arcadia Minerals 0.021 17% 31% -9% -45% 11% $ 2,465,052.09 ADT Adriatic Metals 5.91 3% 9% 46% 73% 52% $ 1,775,635,876.45 AS1 Asara Resources Ltd 0.056 17% 4% 167% 460% 195% $ 61,665,959.49 CYL Catalyst Metals 4.9 -6% -22% 42% 180% 90% $ 1,185,897,171.69 CHN Chalice Mining Ltd 1.84 9% 17% 49% 52% 67% $ 696,357,950.52 KAL Kalgoorliegoldmining 0.04 -9% -9% 167% 33% 122% $ 15,650,073.06 MLS Metals Australia 0.02 18% 18% -17% 0% -13% $ 12,388,231.91 ADN Andromeda Metals Ltd 0.011 -8% -8% 83% -50% 57% $ 41,968,474.49 MEI Meteoric Resources 0.155 24% 19% 67% 15% 82% $ 350,604,417.30 SRN Surefire Rescs NL 0.002 0% 0% -20% -60% -32% $ 6,457,218.50 WA8 Warriedarresourltd 0.105 -5% -9% 110% 36% 139% $ 129,393,960.19 HMX Hammer Metals Ltd 0.029 -9% -17% -12% -28% -12% $ 23,081,726.20 WCN White Cliff Min Ltd 0.025 9% 14% 25% 67% 56% $ 55,507,881.36 AVM Advance Metals Ltd 0.044 10% -8% 16% 52% 29% $ 11,131,463.03 ASR Asra Minerals Ltd 0.002 0% 0% -33% -67% -33% $ 8,000,396.02 ARI Arika Resources 0.044 22% 16% 57% 120% 63% $ 34,445,969.27 CTO Citigold Corp Ltd 0.004 0% 0% 0% -20% 0% $ 12,000,000.00 SMI Santana Minerals Ltd 0.585 8% 0% 27% 43% 21% $ 422,790,424.88 M2R Miramar 0.004 0% 33% 0% -50% 33% $ 3,987,293.14 MHC Manhattan Corp Ltd 0.02 -5% -9% -29% -20% 5% $ 4,932,876.86 GRL Godolphin Resources 0.012 20% 9% -8% -29% -17% $ 5,162,043.09 SVG Savannah Goldfields 0.02 11% 11% 14% -37% 9% $ 23,973,117.82 EMC Everest Metals Corp 0.135 0% -7% 0% 13% 0% $ 30,257,719.43 GUL Gullewa Limited 0.069 1% -7% 23% -5% 23% $ 15,043,529.87 CY5 Cygnus Metals Ltd 0.087 -1% -7% -33% 38% -13% $ 95,693,596.02 G50 G50Corp Ltd 0.26 16% 93% 86% 44% 68% $ 43,361,367.93 ADV Ardiden Ltd 0.16 -3% 10% 14% 19% 19% $ 10,002,800.96 AAR Astral Resources NL 0.155 3% -14% 11% 87% 15% $ 226,883,100.64 VMC Venus Metals Cor Ltd 0.11 5% -4% 57% 38% 64% $ 23,535,441.96 NAE New Age Exploration 0.0035 17% 0% -13% -13% 0% $ 8,117,734.22 VKA Viking Mines Ltd 0.006 0% 0% -33% -33% -25% $ 8,063,692.49 LCL LCL Resources Ltd 0.006 0% -14% -40% -33% -40% $ 7,195,542.91 MTH Mithril Silver Gold 0.515 17% 3% 23% 203% 29% $ 72,254,170.89 ADG Adelong Gold Limited 0.005 0% 0% -17% 0% 11% $ 13,492,060.04 RMX Red Mount Min Ltd 0.008 -16% -20% -11% -20% -11% $ 4,602,141.26 PRS Prospech Limited 0.024 4% 33% -11% -37% -17% $ 9,091,821.29 TTM Titan Minerals 0.325 7% -14% -16% -34% -14% $ 83,425,825.92 AKA Aureka Limited 0.095 -14% -27% -47% -99% -30% $ 12,478,977.82 AAM Aumegametals 0.033 10% 3% -15% -40% -21% $ 20,539,843.43 KZR Kalamazoo Resources 0.1 15% 12% 30% 25% 35% $ 21,281,171.15 BCN Beacon Minerals 1.205 18% 4% 21% 12% 37% $ 121,510,365.05 MAU Magnetic Resources 1.42 -1% -12% 15% 15% 29% $ 389,096,304.55 BC8 Black Cat Syndicate 0.82 6% -13% 12% 110% 45% $ 573,113,006.82 EM2 Eagle Mountain 0.006 20% 0% -40% -88% -33% $ 6,810,223.73 EMR Emerald Res NL 3.75 2% -21% 5% -7% 15% $ 2,411,446,350.18 BYH Bryah Resources Ltd 0.007 17% -42% 75% 40% 133% $ 6,789,674.65 HCH Hot Chili Ltd 0.655 10% 19% -11% -31% -6% $ 93,237,877.58 WAF West African Res Ltd 2.25 -3% -3% 38% 46% 57% $ 2,530,721,898.18 MEU Marmota Limited 0.039 -3% -3% -32% -13% 0% $ 45,953,925.81 NVA Nova Minerals Ltd 0.26 -12% -29% -20% 18% -30% $ 102,699,328.42 SVL Silver Mines Limited 0.145 21% 21% 77% -12% 86% $ 276,692,308.80 PGD Peregrine Gold 0.185 -5% 3% 37% -3% 32% $ 16,121,070.79 ICL Iceni Gold 0.064 3% -3% -18% -12% -10% $ 23,001,192.93 FG1 Flynngold 0.03 -6% -14% 7% 30% 20% $ 11,739,494.10 WWI West Wits Mining Ltd 0.02 3% -17% 25% 25% 43% $ 64,294,361.35 RML Resolution Minerals 0.065 41% 48% 491% 171% 442% $ 41,676,766.74 AAJ Aruma Resources Ltd 0.009 13% -18% 0% -31% -25% $ 2,623,524.20 HWK Hawk Resources. 0.019 0% 36% -17% -47% -14% $ 4,876,730.08 GMNDA Gold Mountain Ltd 0.11 10% 120% 10% -27% -27% $ 12,925,446.28 MEG Megado Minerals Ltd 0.043 41% 258% 207% 402% 153% $ 25,181,647.22 HMG Hamelingoldlimited 0.068 8% -18% 13% -35% 6% $ 13,484,642.83 BM8 Battery Age Minerals 0.062 15% 22% -35% -56% -41% $ 9,259,911.20 TBR Tribune Res Ltd 4.77 0% -3% 11% 24% 11% $ 250,272,727.29 FML Focus Minerals Ltd 0.375 6% -3% 79% 163% 121% $ 113,190,664.78 VRC Volt Resources Ltd 0.005 43% 11% 67% 11% 67% $ 16,396,972.94 ARV Artemis Resources 0.005 0% -9% -38% -50% -38% $ 12,678,360.83 HRN Horizon Gold Ltd 0.52 -2% -10% 8% 86% 8% $ 75,316,759.96 CLA Celsius Resource Ltd 0.007 0% 0% -36% -46% -36% $ 21,948,419.16 QML Qmines Limited 0.046 -4% 21% -25% -21% -15% $ 22,061,893.30 RDN Raiden Resources Ltd 0.004 0% -20% -50% -85% -64% $ 15,529,011.49 TCG Turaco Gold Limited 0.47 -3% -3% 59% 92% 84% $ 479,080,192.80 KCC Kincora Copper 0.054 4% 42% 80% -5% 100% $ 12,934,629.84 GBZ GBM Rsources Ltd 0.023 53% 254% 156% 188% 188% $ 31,148,944.42 DTM Dart Mining NL 0.003 0% 0% -73% -83% -67% $ 3,594,166.73 MKR Manuka Resources. 0.047 5% 30% 78% 34% 72% $ 36,676,977.44 AUC Ausgold Limited 0.575 -1% -19% 35% 37% 37% $ 205,532,678.20 ANX Anax Metals Ltd 0.007 0% 0% -36% -71% -42% $ 6,179,652.97 EMU EMU NL 0.024 -4% 20% -8% -11% -11% $ 5,069,963.23 SFM Santa Fe Minerals 0.33 83% 725% 931% 931% 965% $ 21,845,636.70 PNR Pantoro Gold Limited 3 -1% -17% 68% 92% 96% $ 1,178,438,799.00 CMM Capricorn Metals 9.4 -1% -9% 31% 72% 50% $ 4,047,845,622.69 VRL Verity Resources 0.026 13% 8% 67% -33% 33% $ 6,985,586.70 HAW Hawthorn Resources 0.054 -5% -2% 32% -23% 32% $ 18,090,843.10 BGD Bartongoldholdings 0.7 -9% -23% 164% 186% 186% $ 157,248,025.90 SVY Stavely Minerals Ltd 0.02 67% 67% 0% -29% 18% $ 10,336,799.77 AGC AGC Ltd 0.16 3% 3% 10% -53% 3% $ 39,772,569.41 RGL Riversgold 0.005 25% 11% 25% -29% 25% $ 8,418,562.97 TSO Tesoro Gold Ltd 0.031 11% 24% 35% -3% 55% $ 58,425,842.00 GUE Global Uranium 0.068 8% 0% -4% -22% 13% $ 30,923,317.76 CPM Coopermetalslimited 0.047 31% 24% -4% -31% 2% $ 3,917,782.50 MM8 Medallion Metals. 0.26 4% -4% 108% 306% 117% $ 122,074,965.60 FFM Firefly Metals Ltd 1.135 -1% 8% 16% 38% 23% $ 738,438,914.45 CBY Canterbury Resources 0.024 0% -14% 4% -47% 9% $ 4,978,581.50 SLA Solara Minerals 0.2 18% 3% 21% -40% 122% $ 11,596,964.60 SFR Sandfire Resources 10.95 -1% -7% 11% 25% 18% $ 4,999,292,555.40 TAM Tanami Gold NL 0.059 -2% 23% 103% 90% 97% $ 65,805,434.58 NWM Norwest Minerals 0.014 8% 0% 2% -52% 17% $ 14,525,378.43 ALK Alkane Resources Ltd 0.65 -3% -15% 21% 17% 27% $ 393,602,229.80 BMO Bastion Minerals 0.0015 0% -5% -52% -68% -52% $ 2,372,022.36 IDA Indiana Resources 0.088 1% 16% 38% 90% 44% $ 57,203,188.76 GSM Golden State Mining 0.009 29% 29% 13% -18% 13% $ 2,234,965.04 NSM Northstaw 0.037 0% 17% 87% 108% 134% $ 11,359,363.90 GSN Great Southern 0.027 4% 23% 50% 35% 80% $ 26,913,715.83 VAU Vault Minerals Ltd 0.395 0% -7% 7% -6% 20% $ 2,686,976,985.89 THR Thor Energy PLC 0.01 11% 0% -9% -44% -23% $ 7,107,898.35 CDR Codrus Minerals Ltd 0.032 7% -16% 129% -11% 88% $ 5,788,562.61 MDI Middle Island Res 0.018 -5% -14% 20% 0% 50% $ 5,864,679.42 WTM Waratah Minerals Ltd 0.3 11% -8% 107% -2% 94% $ 67,718,557.14 POL Polymetals Resources 0.755 3% -12% -17% 165% -5% $ 195,503,984.21 RDS Redstone Resources 0.004 14% 33% 33% -20% 60% $ 4,137,069.42 NAG Nagambie Resources 0.017 13% 6% 6% 70% -6% $ 12,852,837.50 BGL Bellevue Gold Ltd 0.92 -3% -8% -18% -52% -18% $ 1,350,838,387.91 GBR Greatbould Resources 0.062 2% -17% 38% 9% 44% $ 57,992,501.10 KAI Kairos Minerals Ltd 0.024 -14% -23% 71% 167% 100% $ 63,141,892.54 KAU Kaiser Reef 0.175 0% -5% 3% -3% 9% $ 106,838,307.00 HRZ Horizon 0.049 -2% -4% 2% 40% 23% $ 118,370,054.02 CDT Castle Minerals 0.08 18% 0% 33% -33% 33% $ 9,164,756.03 RSG Resolute Mining 0.655 0% -1% 62% -2% 66% $ 1,383,882,508.45 EVN Evolution Mining Ltd 7.56 0% -11% 35% 90% 57% $ 14,977,791,299.68 CXU Cauldron Energy Ltd 0.01 18% 0% -21% -64% -14% $ 17,911,610.07 DLI Delta Lithium 0.17 3% -11% -6% -28% 0% $ 107,481,268.80 ALY Alchemy Resource Ltd 0.005 0% 0% -29% -38% -29% $ 6,479,419.41 NH3 Nh3Cleanenergyltd 0.064 28% 113% 256% 392% 256% $ 42,003,865.07 OBM Ora Banda Mining Ltd 0.66 -9% -33% -10% 47% 2% $ 1,205,643,786.88 AVW Avira Resources Ltd 0.007 0% 0% -65% -65% -65% $ 1,610,000.00 LCY Legacy Iron Ore 0.009 -10% -10% 0% -33% -10% $ 87,858,383.26 PDI Predictive Disc Ltd 0.435 1% 4% 71% 112% 89% $ 1,153,679,641.84 MAT Matsa Resources 0.072 14% 3% 67% 167% 106% $ 53,952,449.98 ZAG Zuleika Gold Ltd 0.016 14% -16% 33% -11% 23% $ 11,870,078.83 GML Gateway Mining 0.026 -4% -16% 18% -4% 24% $ 11,038,147.97 SBM St Barbara Limited 0.29 4% -11% 18% 23% 29% $ 303,196,975.48 SBR Sabre Resources 0.009 -10% 0% 29% -36% -10% $ 3,550,157.40 STK Strickland Metals 0.15 0% 7% 81% 56% 76% $ 328,042,170.57 CEL Challenger Gold Ltd 0.081 8% -7% 69% 42% 72% $ 169,474,253.50 GG8 Gorilla Gold Mines 0.37 0% -17% 53% 251% 42% $ 232,641,390.96 NST Northern Star 16.52 -1% -21% -5% 14% 7% $ 23,342,484,107.66 OZM Ozaurum Resources 0.081 23% 21% 170% 25% 170% $ 18,786,353.59 TG1 Techgen Metals Ltd 0.021 -16% -13% -30% -25% -40% $ 3,490,645.62 XAM Xanadu Mines Ltd 0.08 1% 1% 70% 38% 63% $ 181,005,683.93 AQI Alicanto Min Ltd 0.029 12% -6% -22% 45% -22% $ 24,596,146.30 KTA Krakatoa Resources 0.012 20% 0% 33% -8% 26% $ 10,076,742.33 ARN Aldoro Resources 0.365 0% 14% 33% 345% -4% $ 68,767,180.88 WGX Westgold Resources. 2.77 0% -9% 3% 0% -2% $ 2,584,120,550.60 MBK Metal Bank Ltd 0.011 10% -8% -27% -49% -27% $ 5,969,507.98 A8G Australasian Metals 0.067 0% 0% -16% -4% -15% $ 3,878,611.58 TAR Taruga Minerals 0.008 0% -11% -27% -11% -20% $ 5,710,032.46 DTR Dateline Resources 0.125 40% 26% 4067% 1983% 3471% $ 394,873,142.00 GOR Gold Road Res Ltd 3.2 0% -5% 34% 74% 56% $ 3,476,476,992.00 S2R S2 Resources 0.068 0% -4% -11% -32% 1% $ 38,495,477.10 NES Nelson Resources. 0.003 0% 0% -14% 0% 0% $ 6,515,782.98 TLM Talisman Mining 0.145 -3% 4% -31% -50% -29% $ 25,423,247.12 BEZ Besragoldinc 0.05 0% -17% -40% -30% -44% $ 20,774,848.25 PRU Perseus Mining Ltd 3.6 1% -6% 31% 32% 40% $ 4,841,878,059.48 SPQ Superior Resources 0.0045 13% 13% -25% -59% -25% $ 11,854,913.63 PUR Pursuit Minerals 0.065 -12% 71% -25% -57% -32% $ 6,582,441.56 RMS Ramelius Resources 2.51 5% -9% 7% 24% 21% $ 2,851,462,643.76 PKO Peako Limited 0.0025 0% 25% 0% -19% -17% $ 3,719,354.90 ICG Inca Minerals Ltd 0.014 56% 100% 87% 180% 180% $ 26,157,778.24 A1G African Gold Ltd. 0.21 0% 27% 256% 740% 282% $ 108,009,984.26 NMG New Murchison Gold 0.018 13% 0% 80% 227% 100% $ 175,464,451.81 GNM Great Northern 0.017 21% 21% 13% 55% 21% $ 2,628,694.31 KRM Kingsrose Mining Ltd 0.036 13% 13% 3% -23% 3% $ 27,126,954.68 BTR Brightstar Resources 0.54 15% -5% 8% 27% 8% $ 259,917,609.60 RRL Regis Resources 4.47 0% -6% 51% 127% 75% $ 3,340,651,487.68 M24 Mamba Exploration 0.013 0% 8% -13% 0% 8% $ 3,837,152.93 TRM Truscott Mining Corp 0.049 0% -6% -38% -23% -37% $ 9,380,979.44 TNC True North Copper 0.385 4% 28% -16% -93% -87% $ 50,316,201.26 MOM Moab Minerals Ltd 0.001 -33% 0% -50% -83% -50% $ 1,874,666.03 KNB Koonenberrygold 0.053 20% 33% 212% 231% 342% $ 49,203,420.82 AWJ Auric Mining 0.175 0% -3% -46% -27% -49% $ 33,476,598.36 ENR Encounter Resources 0.29 -2% 26% -3% -58% -11% $ 142,155,810.92 SNG Siren Gold 0.053 10% 4% -5% -26% -18% $ 11,167,501.06 STN Saturn Metals 0.43 9% 15% 105% 139% 110% $ 188,460,691.02 USL Unico Silver Limited 0.445 41% 68% 123% 112% 128% $ 192,695,252.20 PNM Pacific Nickel Mines 0.024 0% 0% 0% 0% 0% $ 10,103,834.52 AYM Australia United Min 0.002 0% -33% 0% -33% -50% $ 3,685,154.97 HAV Havilah Resources 0.18 -3% 0% -16% -25% -20% $ 59,369,851.80 SPR Spartan Resources 2 5% -7% 40% 85% 42% $ 2,505,017,048.34 PNT Panthermetalsltd 0.01 0% -38% 11% -60% -9% $ 3,309,950.03 MEK Meeka Metals Limited 0.14 0% -20% 27% 226% 82% $ 393,620,197.95 GMD Genesis Minerals 3.93 -5% -16% 35% 82% 59% $ 4,465,664,825.15 PGO Pacgold 0.065 5% -10% -16% -50% -13% $ 9,725,091.26 FEG Far East Gold 0.175 0% 9% 3% -5% -3% $ 67,900,078.81 MI6 Minerals260Limited 0.115 0% -15% -12% -21% -12% $ 237,743,333.30 IGO IGO Limited 4.94 9% 18% -7% -15% 4% $ 3,657,603,536.79 GAL Galileo Mining Ltd 0.165 10% 50% 0% -11% 32% $ 31,619,988.32 RXL Rox Resources 0.3 0% 0% 40% 94% 50% $ 220,228,793.78 PTN Patronus Resources 0.067 6% -3% 12% 12% 37% $ 109,705,652.87 CLZ Classic Min Ltd 0.001 0% 0% 0% 0% 0% $ 3,017,699.21 TGM Theta Gold Mines Ltd 0.185 16% 37% 19% 32% 3% $ 172,306,249.98 FAL Falconmetalsltd 0.665 250% 343% 412% 122% 478% $ 89,385,000.00 SPD Southernpalladium 0.6 -6% 0% 2% 62% 0% $ 62,565,750.00 ORN Orion Minerals Ltd 0.01 0% -9% -29% -33% -33% $ 70,423,003.77 TMB Tambourahmetals 0.022 0% 0% -12% -55% 5% $ 3,474,996.92 TMS Tennant Minerals Ltd 0.007 0% 17% -36% -67% -22% $ 7,461,232.91 AZY Antipa Minerals Ltd 0.575 3% -29% 98% 379% 121% $ 359,198,895.99 PXX Polarx Limited 0.01 25% 43% 67% -17% 54% $ 19,004,007.82 TRE Toubani Res Ltd 0.33 14% 6% 136% 65% 94% $ 86,197,159.26 AUN Aurumin 0.099 10% 2% 62% 161% 50% $ 49,129,754.26 GPR Geopacific Resources 0.028 8% 22% 40% 25% 40% $ 85,926,563.80 FXG Felix Gold Limited 0.165 27% 18% 27% 267% 96% $ 74,610,077.87 ILT Iltani Resources Lim 0.195 5% -9% -5% -15% -5% $ 12,528,752.38 BRX Belararoxlimited 0.08 25% 38% -50% -71% -54% $ 9,881,937.60 TM1 Terra Metals Limited 0.061 30% 36% 91% -9% 118% $ 28,673,817.96 TOR Torque Met 0.205 37% 52% 302% 52% 287% $ 105,315,429.40 ARD Argent Minerals 0.022 5% -8% 10% 22% 29% $ 31,815,090.56 LM1 Leeuwin Metals Ltd 0.135 0% 0% 13% 101% -4% $ 14,112,893.76 SX2 Southgold Consol 6.13 2% -19% 61% 0% 0% $ 843,143,743.26 UVA Uvrelimited 0.125 4% 44% 39% 25% 40% $ 24,076,000.13 VTX Vertexmin 0.23 -2% -19% 0% 180% 11% $ 46,397,181.71 Falcon Metals (ASX:FAL) An unexplained 30% gain on Friday followed a high-grade gold discovery late last week from the Blue Moon prospect on the outskirts of the Bendigo gold zone. The Bendigo region has delivered 22Moz of gold since the gold rush, including 5.2Moz at 15g/t from the Garden Gully Anticline. Mark Bennett chaired Falcon thinks Blue Moon is sitting to the north of that trend on the Eastern Limb of the anticline, with visual gold and a deep hit of 1m at 543g/t from 544.2m getting small cap punters all hot and bothered. Santa Fe Minerals (ASX:SFM) This one has been quiet since early July, when it picked up the Eburnea project from West African gold hunter Turaco Gold (ASX:TCG), which hosts previous drill results like 26m at 4.82g/t and 30m at 1.92g/t. SFM is now up a quite remarkable 725% in a month. Could it follow a similar trajectory to the now 2.5Moz Turaco and its Afema project and Many Peaks Minerals (ASX:MPK), which has had similar success at Ferké, another project traded out of Turaco's Cote d'Ivoire portfolio, and announced a private $13.5m placement this week? Stavely Minerals (ASX:SVY) Previously focused on the copper resource at its Cayley Lode discovery, SVY has turned its attention to the gold potential of its Stavely project in Western Victoria. It plunged just one RC drill hole into the Fairview South prospect, but it was a good'un, striking 40m at 1.96g/t gold, from surface no less. Some high-grade results from rock chips 600m to the south have also provided encouragement, opening up a fair lick of strike to target future drilling activities. That was followed up by gold hits at the Fairview North prospect that suggested heap leachable material was located in shallow positions at the prospect, including a headline strike of 59m at 1.31g/t from surface. "It's great to see such a consistent set of gold results from the recent RC drilling at Fairview North, where the mineralisation is characterised by shallow, broad zones of moderate grade gold mineralisation with notable internal zones of higher-grade," SVY MD Chris Cairns said. 'The significance of the shallow broader zones of gold mineralisation is that metallurgical testwork completed in 2017 clearly demonstrates that this style of mineralisation is amenable to low-capital and low-operating cost heap leach extraction." SVY says it now understands the orientation to mineralisation at the Flexure A area, with more drilling to define that at the Flexure B and C areas.
Yahoo
14-07-2025
- Politics
- Yahoo
WMAR-2 News' Ja Nai Wright live at City Hall after AG Brown announces lawsuit against Trump admin over freezing of education grants
WMAR-2 News' Ja Nai Wright live at City Hall after AG Brown announces lawsuit against Trump admin over freezing of education grants
News.com.au
30-05-2025
- Business
- News.com.au
Top 10 at 11: ASX opens lower as tariff fatigue sets in across global markets
Morning, and welcome to Stockhead's Top 10 (at 11… ish), highlighting the movers and shakers on the ASX in early-doors trading. With the market opening at 10am sharp eastern time, the data is taken at 10:15, once trading kicks off in earnest. In brief, this is what the markets have been up to this morning. Federal Court reinstates tariffs US markets rose in overnight trade, but showed none of their usual enthusiasm. News Liberation Day tariffs had been suspended by a US court order and deemed unlawful pushed US futures up more than 1% overnight, but that optimism was quickly dashed as a Federal Court reinstated the tariffs. They'll remain in place as the Trump Admin appeals the decision and outlines new legal justifications for the tariffs. President Trump's team has already signalled that it will continue to pursue the tariffs even if its appeal is lost. President of the Chicago Federal Reserve Austan Goolsbee signalled the removal or avoidance of large tariffs could bring on an interest rate cut, pointing to the underlying strength in the US economy. According to a Reuters analysis, the tariffs have cost business across the US, Asia and Europe more than US$34 billion in lost sales and higher costs. Investors and traders appear to be becoming somewhat numb to it all. The Dow lifted 0.28%, the S&P500 0.4% and the Nasdaq 0.39%. A brief tariff relief rally in Europe faded to leave both major indices marginally lower – the FTSE300 dipped 0.2% and the FTSE100 0.1%. ASX follows Europe lower The ASX has opened lower in the first hour of trade, down 0.21% as of about 10:30 am AEST. Consumer Staples are Materials are the only sectors in the green at present, not an ideal start to trading this morning. A lift in the gold price overnight has provided some stability for gold stocks, which have lifted the All Ords Gold index 0.52%, but the rest of the market is demonstrating broad weakness. Energy is leading losses, down 0.89% after putting in a strong showing yesterday. Let's see who's moving higher against the market's momentum… WINNERS Code Name Last % Change Volume Market Cap PRM Prominence Energy 0.004 100% 1500 $778,353 ERL Empire Resources 0.005 67% 319668 $4,451,740 GMN Gold Mountain Ltd 0.002 33% 288500 $8,429,639 AYT Austin Metals Ltd 0.005 25% 198136 $6,296,765 ECT Env Clean Tech Ltd. 0.0025 25% 159004 $8,013,537 RGL Riversgold 0.005 25% 149838 $6,734,850 WBE Whitebark Energy 0.005 25% 100000 $2,749,334 LRD Lordresourceslimited 0.026 24% 538906 $1,625,946 ASP Aspermont Limited 0.006 20% 719102 $12,365,938 PIL Peppermint Inv Ltd 0.003 20% 200000 $5,690,224 In the news... Lord Resources (ASX:LRD) is up this morning despite launching a 1-for-1 entitlement offer to raise just under $1.4 million. LRD is offering its shares at a 18.18% discount to its 5-day VWAP, with funding to support drilling at the Ilgarari copper project. Aspermont's (ASX:ASP) half year results have pleased investors, after the company grew its annual recurring subscription revenue by 4% year-on-year to $11.2m. The B2B software firm says its subscription business now contributes more than 70% of its total revenue, maintaining a net retention rate of more than 100%. LAGGARDS Code Name Last % Change Volume Market Cap TEG Triangle Energy Ltd 0.002 -33% 500000 $6,267,702 RAN Range International 0.0015 -25% 3198946 $1,878,581 XPN Xpon Technologies 0.008 -24% 1654000 $4,349,659 PLC Premier1 Lithium Ltd 0.009 -18% 1254900 $4,048,666 REZ Resourc & En Grp Ltd 0.015 -17% 492052 $12,089,504 KPO Kalina Power Limited 0.005 -17% 865163 $17,597,818 ENL Enlitic Inc. 0.029 -15% 303089 $24,527,901 ADG Adelong Gold Limited 0.006 -14% 47460198 $9,782,403 WNX Wellnex Life Ltd 0.33 -14% 37088 $26,092,038 AX8 Accelerate Resources 0.007 -13% 235331 $6,377,510
Fox News
22-05-2025
- Politics
- Fox News
SCOTUS Sides with Trump to Revoke Legal Status from 300k Venezuelans
Come hell or high water, President Trump is going to keep his promise to deport criminal illegal aliens out of your country and god bless him for it. I'm Tomi Lahren, more next. President Trump is doing everything he can to keep illegal aliens out of this country as well as put an end to Biden era programs that allowed for a mass invasion under the guise of compassion or even 'legal status.' He's getting a little help from the high court. The Supreme Court ruled the Trump Administration can, in fact, revoke the legal status Biden arbitrarily and treasonously granted to hundreds of thousands of Venezuelans. Yeah, that was the workaround Joe Biden's team orchestrated to allow over 300 thousand Venezuelans to use an app to fly here and get perks, work and, of course, not be detained. Well, that's over now. The Trump Admin should soon be able to send them packing. They were never properly vetted. That would be impossible since Venezuela DOES NOT cooperate with the US government to do so. Trump has every right to revoke their status and clean house and that's exactly what he is going to do! Promises made. Promises Kept! I'm Tomi Lahren and you watch my show 'Tomi Lahren is Fearless' at Learn more about your ad choices. Visit
Yahoo
09-05-2025
- Politics
- Yahoo
Rep. Buddy Carter says state needs ‘a true Conservative' as he runs for U.S. Senate against Ossoff
Channel 2 Action News is hearing from the lone Republican to throw his hat in the race, so far, to try and unseat Jon Ossoff in the U.S. Senate race in 2026. While there is a long list of Republicans potentially waiting to announce, Georgia U.S. Rep. Buddy Carter is the only one to announce his run. Carter told Channel 2's Richard Elliot that he thinks he will win the primary and general election. Elliot was inside the studio on Friday as Carter made his first appearance on Atlanta radio, just days after he announced he would run for the Republican nomination for U.S. Senate. The St. Simons Island lawmaker said he only jumped in when he learned Gov. Brian Kemp stepped aside. TRENDING STORIES: Traffic stop lands GA college student in ICE custody 2 weeks after same thing happened to father GSP trooper pulled from car after landing in creek during chase Buc-ee's announces opening date for new Georgia location 'After the governor decided he didn't want to run, I knew we needed a true Conservative, someone who's going to support President Trump's agenda,' Carter said. But Carter may not be the only republican jumping in. In an exclusive interview at the White House last week, Elliot asked U.S. Rep. Marjorie Taylor Greene if she intended to run. 'All options are open to me,' Greene said. Earlier this week, Elliot also spoke with U.S. Rep. Mike Collins about a potential run. He said he wants to hear from President Trump. 'We'll obviously get in touch with and be with the Trump administration on talks, and just see who the president wants to get behind. We'll start pushing from here,' Collins said. Meanwhile, Ossoff is taking a position of wait and see. 'I'm not spending a whole lot of time worrying about who might run for the Senate. My job is to deliver for Georgia. My job is to deliver for my constituents,' Ossoff said. Ossoff doesn't have an opponent in the Democratic primary. Other Republicans reportedly considering a run are Secretary of State Brad Raffensperger and Georgia Insurance Commissioner John King.
