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Bullion Index – Precious Metals

Category: Gold Bullion

  • Massive 7.5km Gold System Unearthed in Western Australia

    In a significant discovery, Strickland Metals has identified a vast 7.5-kilometer-long intrusion-related gold system adjacent to its Dusk ’til Dawn gold deposit within the Yandal project in Western Australia’s Eastern Goldfields. This revelation follows an extensive evaluation process involving the analysis of new geophysical and geochemical data alongside historical exploration records. The exploration efforts unveiled…

  • Greatland Gold: Transformative Progress at Havieron Gold-Copper Project

    Greatland Gold has made significant strides in the development of the Havieron gold-copper project in Western Australia, marking a transformative period in the first half of the 2024–25 financial year. The company, under the leadership of managing director Shaun Day, finalized the acquisition of Newmont’s Telfer gold-copper mine and a 70% stake in Havieron. This…

  • Gold Strike: Aureka Discovers Promising Sulphide Minerals in Victorian Project

    Aureka, a recently relisted mining company, has made significant progress in its Irvine gold project located near Stawell in Victoria. The company’s ongoing 2000-meter diamond drilling campaign has revealed promising signs of sulphide mineralization in core samples. Additionally, a re-analysis of recent data has identified new targets based on geophysical data, further defining the gold-bearing…

  • $1.6m Raised for Wagyu Gold Drilling: New Age Exploration Advancement

    New Age Exploration (NAE) has successfully raised $1.6 million through a share placement, signaling a significant advancement in their gold drilling efforts at the Wagyu project. This financial boost is set to drive a 3000-meter Reverse Circulation (RC) drilling program scheduled to kick off in March. The funds secured from this placement, which garnered substantial…

  • Gold Strike: Historic Dittmer Mine Revival Raises Environmental Concerns

    A historic gold mine, Dittmer Mine in the Whitsundays region of Queensland, is on the verge of being reopened following the discovery of a substantial gold deposit using modern exploration techniques. Ballymore Resources, the company overseeing the project, has unearthed a significant gold vein close to where mining activities ceased in the last century. The…

  • Gold Hits Another Month-End High, Rare Earths and Copper Surge

    In February, the spotlight shone brightly on the precious metal, gold, as it reached yet another peak at month-end. Despite falling short of breaking the significant US$3000 per ounce mark, gold continued to assert its dominance with a 0.8% increase, closing the month on a high note. The investment landscape has been heavily influenced by…

  • Gold Prices Pause Amid Dollar’s Decline and Trade War Escalation

    Gold prices showed a brief pause in their upward trajectory on Wednesday, despite the U.S. dollar hitting a four-month low. This halt came as a surprise after a series of gains earlier in the week, with the dollar’s decline and escalating global trade tensions playing significant roles in the precious metal’s performance. The dollar’s recent…

  • ASX 200 Gold Stock Skyrockets 11% on Record Profits

    The ASX 200 gold stock market recently witnessed a remarkable surge of 11% in the shares of a prominent player, driven by soaring profits. West African Resources Ltd (ASX: WAF) experienced a significant rise in its stock value, closing at $2.10 per share, up from $1.885 in the previous session. This surge reflects the company’s…

  • Silver Surpasses Gold: Safe-Haven Demand Soars

    In the realm of precious metals, a significant shift has been witnessed as silver outshines gold in terms of safe-haven demand, marking a remarkable turn of events. Previously, being associated with silver investments might have led to skepticism or isolation, but today, it signifies astute financial acumen. The price of silver has experienced a meteoric…

  • Gold Bulls Seize Opportunity Amid Slumping Greenback

    Amid a decline in the value of the U.S. dollar, gold enthusiasts are seizing the opportunity to invest in the precious metal. This move reflects a strategic shift by gold bulls who are capitalizing on the weakening greenback. The dynamics of the market have prompted a surge in interest towards gold, with investors closely monitoring…