Podcasts about northern star resources

Play Episode Listen Later Feb 15, 2026 3:44

US equities closed mixed on Friday following the release of the inflation report which came in just slightly lower than the market was expecting. US CPI rose 0.2% in January, reflecting a gain of 2.4% on an annualised basis, while a 0.3% MoM gain was expected. The S&P500 rose just above the flat light, up 0.05%, the Dow Jones flat, just 0.1% higher, while the Nasdaq declined 0.22%. What to watch today: Locally, the ASX200 is set to gain 0.58% at the open this morning, ahead of the release of key earnings results from big names reporting today:JB Hi Fi (ASX:JBH) has just released their half year results this morning, with total sales and NPAT both up more than 7%, EPS increased by 19cps to 279.7cps from HY25 and an interim dividend of 210cps, up 23.5%, representing 75% of NPAT. Bell Potter currently have a Buy rating on JBH.The a2 Milk Company (ASX:A2M) posted a 18.8% rise in revenue and lifted FY26 guidance, as well as an interim dividend of 11.5cps fully franked. It's share price will be on watch today. Ansell (ASX:ANN), Aurizon Holdings (ASX:AZJ), BlueScope Steel (ASX:BSL) and New Hope Corporation (ASX:NHC) are also set to report today.As for what Bell Potter are looking at today: Following Nick Scali (ASX:NCK)‘s first half NPAT up 11% above expectations, Bell Potter maintain a Buy rating, however have lowered their price target by 11% to $25.00 due to softer growth into the second half, earnings revisions and the rising interest rate environment. And one to watch in the resources sector following the release of first half earnings is Northern Star Resources (ASX:NST). Bell Potter maintain a Buy rating and have increased their 12-month price target from $31.10 to $35.00. At the current share price of $28.37 this implies 23.4% share price growth in a year. In commodities: Crude oil is up to US$62.89 per barrel, with a second straight weekly decline, amid persistent oversupply concerns. The International Energy Agency reiterated that the market is likely to face a surplus of just over 3.7 million barrels per day in 2026. The price of gold is up almost 2.5% to US$5,043.92 per tonne, as softer-than-expected US inflation eased pressure on Treasury yields and weighed on the dollar. Iron ore is down to US$99.66 and over the past month, Iron Ore's price has fallen 7.45%. So keep watch of iron ore miners this week as BHP Group (ASX:BHP) reports tomorrow.To end, AUD$1.00 is currently buying US$0.70.

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Bellevue Gold up and Away With Strong Operational Results - Darren Stralow (ASX:BGL)

The Hole Truth

Play Episode Listen Later Oct 27, 2025 18:10

Bellevue Gold (ASX: BGL) has bounced back with a vengeance. The company's latest operational results are strong showing it's on track to meet guidance. MD Darren Stralow tells us about the changes that were made at an operational level, why they've been so effective and what the next twelve months holds. Darren Stralow is the CEO and Managing Director of Bellevue Gold, leading the company through its transition from development to production at the high-grade Bellevue Gold Project in Western Australia. A mining engineer and WA School of Mines graduate, Darren brings more than 20 years of underground mining experience, including senior leadership roles at Northern Star Resources. Known for his strong operational and commercial focus, he's driving Bellevue's vision to produce some of the world's most sustainable gold. Produced by Resource Media The Hole Truth: Mining Investment Podcast is a product of Read Corporate. Please note that Read Corporate does not provide investment advice and investors should seek personalised advice before making any investment decisions. RESOURCES LinkedIn: https://www.linkedin.com/showcase/the-hole-truth-podcast YouTube: https://youtube.com/playlist?list=PLI4sZkSfEpPi_u7OrD7lQ-tZHbdy6EhCC&si=iOcGscff7kMSw8c7 Website: https://resourcesrisingstars.com.au/the-hole-truth-podcast/ Instagram: https://www.instagram.com/theholetruthpodcast/ Company Website: https://bellevuegold.com.au Key Insights: 1. Bellevue Gold delivers a strong September quarter, beating production guidance Bellevue Gold produced around 29,000 ounces of gold in the September 2025 quarter, ahead of budget and on track to meet its FY25 guidance of ~140,000 ounces. Darren Stralow notes that the company is achieving or exceeding internal targets, with increasing grades expected to drive stronger production and cash flow in the second half of the year. 2. Operational turnaround driven by improved development rates and mine planning Following a strategic operational review, Bellevue Gold has dramatically improved its underground development rates, achieving over 320 metres per jumbo compared to a budget of 270 metres. This has allowed the team to get ahead of production fronts, install all primary infrastructure, and move the operation into a steady-state phase with improved resilience and reduced risk. 3. Cash flow strengthens as grades rise and capital costs taper off With plant upgrades and ventilation installations now complete, Bellevue Gold expects to generate higher grades from the Deacon mining area while maintaining a stable cost base. Stralow says the mine will see rising free cash flow as higher-grade ore and stable operating costs combine to lift margins and provide optionality for balance-sheet management. 4. Pathway to becoming a debt-free, unhedged gold producer by end-2026 Bellevue Gold has begun closing out hedge positions ahead of schedule and proactively managing its hedge book to take advantage of strong spot prices. The company holds A$150–160 million in cash — equivalent to roughly four months of operating costs — and aims to be completely debt-free and hedge-free by the end of 2026, positioning it among Australia's lowest-risk mid-tier gold producers. 5. Growth focus shifts back to exploration and long-term discovery After several years focused on construction and ramp-up, Bellevue Gold is now ready to reignite exploration across its 1,900 km² landholding. With underground drill platforms established and cash flow funding new programs, Stralow says the company is excited to “hit exploration hard again” to grow the resource base and extend mine life — marking the next chapter in Bellevue's growth story.

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Exploration Discovery Series - Coffee with Samso: The Pegasus Gold Discovery — Unlocking a Million Ounces in a Brownfields Camp.

Coffee with Samso

Play Episode Listen Later Oct 19, 2025 41:21

Coffee with Samso | Episode 212 | UWA Club, Crawley, Western Australia. Guest: Darren Cooke – CEO, FireFly Metals Ltd (ASX: FFM) Introduction In this episode of Coffee with Samso, we continue our Exploration Discovery Series with one of the most fascinating stories to come out of Western Australia's goldfields — the Pegasus gold discovery. This story is special. Not because Pegasus was a greenfields success, but precisely because it wasn't. It was hiding in plain sight — within the Swiss cheese of decades of drilling in the Kundana gold camp. In 2014, Pegasus was recognised as one of the most significant discoveries of the decade. At the time of its unveiling, the project hosted a resource of 2.1 million tonnes at 11.4 g/t Au, containing approximately 763,000 ounces of gold. Northern Star Resources (ASX: NST) would later prove what Bill Beament said at the time — that this would be a million-ounce deposit just 350 metres from their Rubicon mine. To unpack this milestone discovery, I spoke with Darren Cooke, CEO of FireFly Metals and the former geology and long-term planning manager for Barrick at Kundana during the Pegasus discovery years. This conversation isn't just a walk down memory lane. It's a technical, strategic, and cultural deep dive into how great discoveries can be made in places everyone thinks they already know. Chapters 00:00 Start 02:39 Introduction 04:03 Introduction to Darren Cooke. 04:54 The early days of the Discovery - Pre 2011 07:11 The Unlocking of the Historical Dataset - 2011 to 2012 08:32 The Duration of the Work to "work" the data. 9:45 What was the structural concept? 10:47 Was the narrow mineralisation of Kundana the key to thinking differently? 11:58 With hindsight, was Pegasus easy to define/discover? 12:38 The double plunging mineralisation is the thinking that helped other discoveries? 13:48 Well Drilled Does Not Mean Well Explored - Quality of Data 14:46 Time is required to understand historical data 15:42 Geological Models are only a good guide. 16:58 How much confidence did Management know about the Pegasus potential? 18:43 The Northern Star "Thinking". 22:15 Was Anton Billis a good JV partner? 23:11 Was the purchase price of AUD $75M cheap? 24:25 Was there something that could have made Pegasus not a discussion? 25:52 Is there more discoveries left to discover from "Brownfield" projects? 27:10 Is there another Pegasus still out there like a Never Never? 28:16 A different view to a Brownfield project? 29:41 Brownfield projects should be more about a Brownfield new discovery not a reintroduction of the old concepts. 31:08 A Mineral System Is Always More Than One Success. 32:30 The FireFly Story. (Take out the bit I said about "Dont spoil the Story" 34:00 Is Northern Star the new generation of Western Mining in terms of quality work. 35:38 The skillset required in developing a Mining of Mineral Resources 36:59 The culture DNA of Northern Star. 37:45 Words of Wisdom to the new generation of geologists. 39:14 A Special DNA to Find the Solution. 40:29 Darren last Words 40:56 Conclusion Setting the Scene – Kundana in the 2000s - The Pegasus Gold Discovery The Kundana Province is no stranger to gold. By the early 2000s, it was already a 10Moz gold camp. The ground around Pegasus was peppered with drill holes — hundreds of them — yet the discovery remained elusive. In 2005, Placer Dome drilled the first hole into what would later become Pegasus. But they walked away. Fast-forward to 2011–2012, a new team at Barrick re-examined the data. What followed wasn't a stroke of luck but a combination of fresh geological thinking, technical persistence, and the right mindset to challenge old assumptions. "It wasn't that Pegasus wasn't drilled. It was that no one had looked at the data differently. We just saw what others missed." – Darren Cooke Unlocking the Historical Dataset (2011–2012) When Darren stepped into the Barrick geology and planning role, the first thing the team did was dig through the database — not for something new, but for something overlooked. 100+ drill holes were already in the area. Most were shallow and targeted under a subvertical plunge model. Hits were dismissed because follow-up holes below were barren. No one questioned whether the plunge direction was wrong. Darren's team challenged the model. By recognising a double-plunging shoot orientation, they unlocked a structure that others had effectively drilled around. "It was a classic case of model bias. Everyone was fitting data to the model rather than re-examining the model itself." The Turning Point – Geological Insight Meets Practical Pressure Pegasus wasn't just a technical story. It was also a story about operational necessity. The Barrick Kundana team was running out of ore. The long-term planning and geology groups collaborated closely to rethink their targeting strategy. It was this internal pressure that drove them to rework the historical data. The double plunge model that emerged: Explained the original hit and subsequent misses. Predicted mineralisation at depth offset from previous holes. Led to rapid resource definition once drilling resumed. The result: a million-ounce gold system hiding between existing infrastructure and old drill collars. "Well Drilled" Does Not Mean "Well Explored" One of the most powerful takeaways from this conversation is the difference between density of drilling and quality of exploration. "Well drilled doesn't mean well explored. You can have a pin cushion of holes and still miss the prize." This statement resonates across WA discoveries: Hemi sat beside 1.4Moz of known gold. Never Never was hidden in existing data. Pegasus was 350m from Rubicon and hiding in plain sight. Brownfields areas are full of opportunity, but only for those willing to break models and reframe the geological story. From Discovery to Development – The Northern Star Effect In 2014, Barrick sold the Kundana assets to Northern Star Resources for $75 million. Barrick described the assets as "high-cost, short-life." Northern Star saw the opposite: long-life, company-making assets. The cultural difference was stark: Within weeks, Northern Star doubled drill rigs at Pegasus. Approved an underground decline for drilling access. Backed the geological team to prove the model quickly. "Every mine has its right size owner. For Barrick, Pegasus was peripheral. For Northern Star, it was core." The entrepreneurial mining mindset turned geological opportunity into economic reality. Brownfields Discovery – A Playbook for the Future The Pegasus story mirrors many of WA's recent major discoveries. It shows:

Morning Bell 22 September

Play Episode Listen Later Sep 21, 2025 3:56

Wall Street closed higher on Friday and for the week as investors welcomed the Fed's rate cut decision on Thursday last week. The Nasdaq rose 0.72%, the S&P500 rallied 0.5% and the Dow Jones gained 0.37% to hit a fresh record at the close. For the week, the Nasdaq added 2.2% while the Dow and S&P500 gained 1% and 1.2% respectively.Apple shares led the gains on Friday with a 3.2% spike after the company's latest iPhone went on sale.In Europe on Friday markets closed lower as investors focused on trade and the state of the European economy. The STOXX600 fell 0.04%, Germany's DAX lost 0.15%, the French CAC declined just 0.01%, and, in the UK, the FTSE100 ended the day down 0.12%.Across the Asia region on Friday markets closed lower after the Bank of Japan held rates steady amid concerns of external volatility impacting Japan's inflation journey. Hong Kong's Hang Seng closed flat, India's Nifty 50 declined 0.55%, and Japan's Nikkei fell 0.57%.Locally on Friday the ASX200 posted a positive end to the week amid fresh records on Wall St on Thursday and a healthcare rally locally fuelling a 0.3% gain at the closing bell.For the week, the key index lost 1.03% as a sharp sell off in energy stocks weighed down the key index.Telix Pharmaceuticals (ASX:TLX) did much of the heavy lifting in the healthcare sector on Friday with a 7.5% rally after Citi initiated coverage of the commercial-stage biopharmaceutical company with a buy rating, indicating its prostate cancer drug candidate has the potential to become a ‘blockbuster drug'.Pro Medicus (ASX:PME) also benefited from Citi's expanded coverage with a rally of 5.5% after Citi named PME among its favourite stock picks for the healthcare sector.What to watch today:Gold miners locally extended their run on Friday as the recent gold spot price rally continued with the price of gold topping US$3659 on Friday. Northern Star Resources added 0.9% on Friday while Evolution Mining ended the day up 1.52%.On the commodities front this morning oil is trading 1.34% lower at US$62.72/barrel, gold is up 1.12% at US$3684.75/ounce and iron ore is up 0.2% at US$105.44/tonne.The Aussie dollar has slightly weakened against the greenback to buy 65.96 U.S. cents, 97.63 Japanese yen, 48.85 British pence and 1 New Zealand dollar and 12 cents.Ahead of Monday's trading session here in Australia the SPI futures are anticipating the ASX will open the day up 0.27% tracking Wall Street's gains on Friday. Trading ideas:Bell Potter has initiated coverage of Orica (ASX:ORI) with a buy rating and a 12-month price target of $23.00 as the analyst sees Orica is well-positioned for strong near-term earnings growth across its diversified segments, driven by high-margin products, favourable pricing, and operational improvements. Additionally, the company is on track for de-leveraging and increasing shareholder returns, making it an attractive investment opportunity.And Trading Central has identified a bullish signal on ResMed (ASX:RMD) following the formation of a pattern over a period of 19-days which is roughly the same amount of time the share price may rise from the close of $41.21 to the range of $45.30 to $46.20 according to standard principles of technical analysis.

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PolarX Gets Huge Tailwind From ASX Gold Giant - Mark Bojanjac (ASX: PXX)

The Hole Truth

Play Episode Listen Later Sep 1, 2025 20:41

PolarX (ASX: PXX) has just struck a far-out deal with Northern Star Resources that will see the gold giant spend up to 60-million Australian dollars for a stake in up to 70% in PolarX's Alaska Range Project. Mark Bojanjac is a Chartered Accountant with almost 30 years' direct experience in developing resource companies. He was a founding director of a public company which discovered one of Australia's highest grade gold mines at East-Kundana near Kalgoorlie in WA and managing director of an unlisted public company which successfully developed a 2.4Moz gold resource in Mongolia. He was previously CEO of Adamus Resources Limited, where he oversaw its advancement from an early stage exploration project through definitive feasibility studies and managed the debt and equity financing to build its successful Ghanaian gold mine. He was also formerly a Non-Executive Director of QLD silica sand developer, Metallica Minerals Limited and is currently a director of WA resources explorer, Kula Gold Limited. Produced by Resource Media The Hole Truth: Mining Investment Podcast is a product of Read Corporate. Please note that Read Corporate does not provide investment advice and investors should seek personalised advice before making any investment decisions. RESOURCES LinkedIn: https://www.linkedin.com/showcase/the-hole-truth-podcast YouTube: https://youtube.com/playlist?list=PLI4sZkSfEpPi_u7OrD7lQ-tZHbdy6EhCC&si=iOcGscff7kMSw8c7 Website: https://resourcesrisingstars.com.au/the-hole-truth-podcast/ Instagram: https://www.instagram.com/theholetruthpodcast/ Company Website: https://www.polarx.com.au/ INSIGHTS FROM THE EPISODE 1. Northern Star to Invest up to $60M for 70% of Alaska Range PolarX has secured a landmark farm-in agreement with Northern Star Resources (ASX: NST), giving Northern Star the right to earn up to 70% of the Alaska Range Project by spending $60 million. This partnership validates the project's scale and potential. 2. High-Grade Copper and Gold Resource with 70% IRR The Caribou Dome deposit within the Alaska Range has delivered scoping study results showing an Internal Rate of Return (IRR) of ~70% (based on metals prices two years ago), underlining its strong economics and global significance as one of the highest-grade undeveloped copper projects in the USA. 3. Exploration Upside Along 35km Strike Length PolarX controls an under-explored 35km mineralised corridor, including soil anomalies up to 11km by 8km in size. Northern Star's backing allows for big-company exploration programs—geophysics, helicopter surveys, and systematic drilling—that were previously unaffordable for PolarX. 4. Strategic Positioning in Critical Minerals With copper recently added to the US Critical Minerals List, PolarX's Alaskan copper-gold assets are strategically aligned with America's push for secure, domestic supply. The jurisdictional advantage of being in the USA enhances the project's attractiveness to global investors. 5. 100% Ownership of Humboldt Range in Nevada Outside the Alaska JV, PolarX retains full ownership of the Humboldt Range Project in Nevada, located next to major heap-leach gold and silver operations such as Florida Canyon and Rochester. Drill-ready and surrounded by multimillion-ounce deposits, Humboldt represents a second growth pillar for the company.

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The Market Wrap

Play Episode Listen Later Jul 24, 2025 2:29

MARKET WRAP: ASX200: down 0.3% to 8,709 GOLD: $3,363 USD/oz BITCOIN: $179,152 CSL advancing 1.5%, to $269.56 Sonic Healthcare and Resmed were also higher. Clarity pharmaceuticals jumped 10% to $4.31 Fortescue's shares rose by 4.3% to $19 after it announced a record volume of iron ore shipments and projected stronger growth. Lynas Rare Earths gained more than 5% to $10.65 Bapcor saw its shares plummet by 28% to $3.66 after it saw weaker sales over the last couple of months. Northern Star Resources dipped by 2.4% Also falling backwards was BHP, Wesfarmers and Macquarie Group AUD/USD: 66.2 US Cents AUD/GBP: 48.9 British Pence AUD/EUR: 56 Euro Cents AUD/JPY: 97 Yen AUD/NZD: $1.09 NZSee omnystudio.com/listener for privacy information.

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The Market Wrap with Carl Capolingua, Senior Editor at Market Index

Play Episode Listen Later Jun 25, 2025 8:44 Transcription Available

A significant order for defence industry company Droneshield saw it rocket on the market today. ASX200: up 0.04% to 8,559 GOLD: $3,328 US/oz BITCOIN: $164,675 AUD CBA shares reaching a new intraday high above $192 eventually closing up 1.7% to $191.40. Droneshield signed a new contract in Europe worth more than $60 million. Shares were boosted 20% to $2.14. Virgin Australia continued to soar, rising by another 3.4% on its second day of trading to close at $3.34. BHP fell 1%, Fortescue was down 2.3%, but Rio recovered from earlier losses to only drop 0.6% to $104.30 Gold miners Northern Star Resources, Evolution Mining, and Newmont all took a hit. CURRENCY: AUD/USD: 65.0 US cents AUD/GBP: 47.7 pence AUD/EUR: 56 Euro cents AUD/JPY: 94 Japanese yen AUD/NZD: 1.08 NZ dollars See omnystudio.com/listener for privacy information.

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Novo Resources - Pilbara Exploration Update: Aircore Results, New Gold-Antimony Targets, Egina JV Update With Northern Star Resources

The KE Report

Play Episode Listen Later Jun 23, 2025 19:52

In this KE Report company update, I'm joined by Mike Spreadborough, Executive Co-Chairman, and Kas De Luca, General Manager of Exploration at Novo Resources (TSXV: NVO - OTCQX: NSRPF), to unpack the June 19th news release focused on exploration in the Pilbara region of Western Australia. Key themes discussed: Early-stage aircore drilling at the Balla Balla Project: Kas outlines the targeting strategy across a 15km strike. Although wide-spaced, the drilling revealed low-level gold mineralization and a strong multi-element geochemical signature pointing to a fertile system over 5km of strike. Emerging gold-antimony prospects: The Sherlock Crossing area has returned high-grade surface samples (up to 146 g/t gold and 3% antimony), with a 1.5km soil anomaly now defined and ready for drilling. The Southeast Wyloo prospect is back on the radar with strong historical results, and fieldwork will resume shortly. Egina JV with Northern Star Resources: Following the takeover of De Grey Mining, Northern Star is reviewing the project data. With $18M in spending remaining to earn 50%, Mike explains the ongoing collaboration and outlook for future drilling. Strategic project pipeline: Mike and Kas provide insight into Novo's broader exploration strategy, balancing advanced targets in New South Wales (Tibooburra and John Bull) with greenfield discoveries in Pilbara. They also remain open to potential JVs or asset sales where appropriate. Expect further news on follow-up drilling and new target prioritization by the end of Q3. Click here to visit the Novo Resources website to learn more about all the projects and exploration programs.

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The Market Wrap with Tony Sycamore – Market Analyst, IG Australia

Play Episode Listen Later May 22, 2025 9:07

MARKET WRAP: ASX200: down 0.45%, 8348 GOLD: $3,334 US/ounce BITCOIN: $171,650 AUD BNPL pioneer Zip fell 6.5% to $1.87 after rival Klarna warned it was seeing more customers struggling to repay their loans. Wesfarmers expects losses in its lithium business, with shares down 1.2% to $83.90. Brent Crude fell back below $65 US a barrel, wiping 1.3% from Woodside and 0.9% from Santos. Rio Tinto CEO Jakob Stausholm will step down later in the year. Fortescue also announced aftermarket that its energy head Mark Hutchinson would exit the company after almost three years. SKS Technologies, soaring 21% after securing a $100 million contract for a data centre project. Northern Star Resources up 5.4% and Newmont 2.3% higher. Insurer IAG was up by 2.7% after the ACCC cleared the way for it to buy RACQ. See omnystudio.com/listener for privacy information.

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Morning Bell 20 May

Play Episode Listen Later May 19, 2025 4:09

Wall Street ended the first trading session of the new week in positive territory as investors overlooked the latest moody credit rating downgrade on the U.S. on Friday, and instead favoured optimism from the trade negotiation progress with China. The S&P500 rose 0.09% to post a 6th straight winning day, while the Nasdaq climbed 0.02% and the Dow Jones ended the day up 0.32%. The debt downgrade on Friday pushed bond yields higher early on Monday before they retreated in afternoon trade hence sending equities higher to start the week.Over in Europe on Monday markets in the region closed mostly flat ahead of key corporate earnings results out this week. The STOXX 600 closed flat, Germany's DAX rose 0.6% to yet another fresh record high, the French CAC fell 0.04%, and, in the UK, the FTSE 100 ended the day up 0.17%.Across the Asia markets on Monday, it was a sea of red as investors assessed the Moody's credit rating downgrade on the U.S. and latest slew of economic data out of China including retail sales data rising at a weaker rate than expected for April, while industrial output for the same period rose more than economists were expecting.Hong Kong's Hang Seng fell 0.05%, China's CSI index lost 0.5%, Japan's Nikkei fell 0.68% and South Korea's Kospi index ended the day down 0.89%. China's retail sales for April rose 5.1% in data out yesterday which fell short of expectations of a 5.8% rise and indicates the impact of sluggish post-pandemic era and tariffs on consumer spend in the region.Locally to start the new trading week, the ASX200 posted a 0.58% loss on Monday as a sharp selloff in energy and materials stocks weighed on the key index and investor sentiment ahead of the RBA's rate announcement today.What to watch today:The price of gold rebounded on Monday following Moody's downgrade of the US credit rating to AA1 from AAA amid mounting concerns over US economic outlook and growing budget deficit. Gold producers including Northern Star Resources, Evolution Mining and Ramelius Resources posted gains over 1%, 3% and 2% respectively.On a corporate level, we saw Domino's and Mineral Resources shares both slide yesterday after announcing respective changes at the board level, with Domino's Chief of Australia and NZ business, Kerri Hayman, stepping down in August after 37-years with the pizza giant, while Mineral Resources announced the appointment of Malcolm Bundey as successor to outgoing chairman James McClements, who will step away from the company's board in July.On the commodities front this morning, oil is trading 0.32% higher at US$62.69/barrel, gold is up 0.81% at US$3229.67/ounce, and iron ore is down 0.08% at US$100/tonne.The Aussie dollar has strengthened against the greenback overnight to buy 64.60 US cents, 93.53 Japanese yen, 48.30 British pence and 1 New Zealand dollar at 9 cents.Ahead of Tuesday's trading session in Australia the SPI futures are anticipating the market will open the day up 0.82%.Trading Ideas:Bell Potter has upgraded the rating on Paragon Care (ASX:PGC) from a hold to a buy and have a 12-month price target on the company of 52cps following the analyst seeing EPS growth in FY26 which is expected to drive all valuation metrics lower including the PE ratio to below 20x. Management are heavily invested in the long term success of the business and remain laser focused on delivery of the integration, according to the analyst.Trading Central has identified a bullish signal on Northern Star Resources (ASX:NST) following the formation of a pattern over a period of 19-days which is roughly the same amount of time the share price may rise from the close of $18.88 to the range of $24.50 to $24.50 according to standard principles of technical analysis.

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Morning Bell 13 May

Play Episode Listen Later May 12, 2025 3:59

Wall Street started the new trading week significantly higher as investors welcomed the temporary progress in trade talks between China and the US. The Dow Jones rose 2.81%, the S&P500 climbed 3.26% and the tech-heavy Nasdaq ended the day up 4.35%. Shares in companies that rely on production and supply chain elements from China like Tesla, Apple and Nvidia had investors buying in on Monday with each rising over 5%.The latest update from the China and US trade talks is that both nations have agreed to cut their respective tariffs on one another for 90-days, with tariffs on Chinese imported goods into the US to be 30% and tariffs on US good into China to be 10% for the period.In Europe overnight, markets also closed higher in the region as global investors welcomed progress on the global trade front. The STOXX 600 rose 1.1%, Germany's DAX climbed 0.2% to another fresh record high, the French CAC added 1.4% and, in the UK, the FTSE100 ended the day up 0.6%.Across the APAC region on Monday, markets rallied after the US and China temporary trade deal was unveiled. Hong Kong's Hang Seng rose 2.98%, China's CSI index climbed 1.16%, India's Nifty 50 gained 3.5%, and Japan's Nikkei ended the day up 0.38%.Locally to start the week, the ASX200 posted a 0.03% rise to start the new trading week as weakness among pharmaceutical stocks weighed on strong gains for the big miners amid progress in talks between China and the US.Trump's latest pharmaceutical tariff announcement hit locally listed healthcare providers hard this week with Botanix, Neuren, Telix and Clarity all dropping over 5% on Monday. Trump's latest move in the healthcare space is that he wants to cut the price of prescription drugs which will in-turn hurt the margins made by any pharmaceutical producer selling their treatments in the US.As progress talks between the US and China continue to make headway, safe-haven stocks were on the chopping block yesterday as market uncertainty begins to ease. Gold stocks retreated with Evolution Mining, Northern Star Resources and Genesis Minerals each fell over 3%.What to watch today:On the commodities front this morning oil is trading 1.61% higher at US$62/barrel, gold is down 2.65% at US$3236/ounce and iron ore is up 1.22% at US$99.75/tonne.The Aussie dollar has weakened against the greenback overnight to buy 63.70 US cents, 94.53 Japanese Yen, 48.57 British Pence and 1 New Zealand dollar and 9 cents.Ahead of Tuesday's trading session here in Australia the SPI futures are anticipating the ASX will open the day up 1.17% tracking global market strength overnight. Trading Ideas:Bell Potter has raised the 12-month price target on REA Group (ASX:REA) from $264 to $267 and maintain a buy rating on the leading online real estate platform following the release of the company's Q3 update including double-digit revenue growth, and strong yield growth which is set to continue amid the rate cut outlook.Trading Central has identified a bearish signal on Technology One (ASX:TNE) following the formation of a pattern over a period of 25-days which is roughly the same amount of time the share price may fall from the close of $31.62 to the range of $23.25 to $24.75 according to standard principles of technical analysis.

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Morning Bell 1 May

Play Episode Listen Later May 1, 2025 4:00

Wall St closed mixed on Wednesday following the release of US GDP data for Q1 that indicated economic contraction of 0.3% QoQ which is well below the 2.4% expansion reported in Q4 and below economists' expectations of a 0.5% rise in GDP for the latest reading. The slide in GDP enhanced investor fears of a US recession which impacted equities on Wednesday. The Dow Jones rose 0.35%, and the S&P500 gained 0.15% but the Nasdaq ended the day down 0.09%. Consumer confidence, JOLTs Job Openings and the personal spending index all in the US were also released for the latest period overnight with each coming in poorer than economists' were expecting.European markets closed higher on Wednesday as investors reacted to worse-than-expected economic data out of the US. The STOXX 600 rose 0.46%, Germany's DAX gained 0.32%, the French CAC added 0.32% and, in the UK, the FTSE100 ended the day up 0.37%Asia Markets closed mixed on Wednesday as investors digested an array of key economic data out in the region and ahead of the Bank of Japan's rate meeting kicking off. Japan's Nikkei rose 0.57%, Hong Kong's Hang Seng gained 0.51%, and China's CSI index fell 0.12% after China's manufacturing activity dropped more than expected in April to enter contraction territory.Locally on Wednesday, the ASX extended its rally into the midweek session with a gain of 0.7% taking lead from Wall Street's strength on Tuesday. Real estate stocks led the gains on Wednesday while other rate sensitive sectors like Tech and consumer discretionary stocks posted notable gains.Australia's latest inflation reading for the March Quarter was released yesterday with monthly inflation rising 0.9% while the annual rate remained at 2.4%. Trimmed mean inflation fell to 2.8% in the quarter which is now back within the RBA's target 2-3% range. Markets are expecting a 62% chance of a rate cut to be announced at the next RBA meeting in May prior to the CPI reading release yesterday.Gold producer Northern Star Resources (ASX:NST) extended its sell-off yesterday after the gold giant lowered its output guidance for FY25, while Ora Banda (ASX:OBM) also tumbled over 6% after also lowering full-year production guidance.What to watch today:Ahead of Thursday's trading session the SPI futures are anticipating the ASX will open the first session of the new trading month down 0.34% following Wall Street's turbulence overnight.On the commodities front this morning oil is trading 3.42% lower at US$58.35/barrel, gold is down 1.13% at US$3279/ounce and iron ore is down 0.1% at US$99.76/tonne.The Aussie dollar has strengthened against the greenback overnight to buy 64.08 US cents, 91.62 Japanese Yen, 47.61 British Pence and NZ$1.08.Trading Ideas:Bell Potter has downgraded the rating on Regis Resources (ASX:RRL) from a buy to a hold and have raised the 12-month price target to $4.57 on the gold producer following the release of the company's March quarter report which beat BPe on production and costs. The downgrade to a hold is simply due to recent share price appreciation.Trading Central has identified a bullish signal on Autosports Group (ASX:ASG) following the formation of a pattern over a period of 97-days which is roughly the same amount of time the share price may rise from the close of $1.94 to the range of $2.11 to $2.17 according to standard principles of technical analysis.

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The Market Wrap with Jessica Amir – Market Strategist, Moomoo Australia

Play Episode Listen Later Apr 23, 2025 13:05

Tesla’s performance over the last quarter was questionable at best, so is it time for Elon Musk to change his association with Donald Trump? MARKET WRAP: ASX200: up 1.33%, 7,920 GOLD: $3,330 US/oz BITCOIN: $146,873 AUD BHP lifted by 3.3% and Fortescue up 2.7%. WiseTech Global added 5.5%, and NextDC climbed just under 5%. Macquarie bank shares up another 5.2% to $190.38 Telix confirms FY 2025 revenue guidance of $770 million to $800 million shares up more than 12% to $28.32 Evolution Mining plummeted by 10% to $7.90 with fellow gold miners Northern Star Resources and Newmont also down 9.5% and 7% De Grey and Lynas were also weaker. The CBA had some profit takers today, closing down 2.5% to $163.77 a share. CURRENCY UPDATE: AUD/USD: 64.0 US cents AUD/GBP: 48.1 pence AUD/EUR: 56 Euro cents AUD/JPY: 90 Japanese yen AUD/NZD: 1.07 NZ dollars See omnystudio.com/listener for privacy information.

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Morning Bell 18 February

Play Episode Listen Later Feb 17, 2025 4:17

Wall street was closed on Monday for the President's Day holiday.Over in Europe on Monday markets closed higher as several defence stocks soared amid renewed spend in the defence space in the region. The STOXX 600 rose 0.54% to a fresh record high, while Germany's DAX added 1.26%, the French CAC climbed 0.13%, and, in the UK, the FTSE 100 ended the day up 0.41%.Across the Asia region on Monday, markets closed mostly higher as investors digested Japan's latest GDP reading which came in at a Q4 expansion of 2.8%, exceeding market estimates of 1% growth. Japan's Nikkei added 0.06% on Monday, Hong Kong's Hang Seng fell 0.02%, China's CSI index rose 0.21% and South Korea's Kospi index ended the day up 0.75%.The local market was sold off yesterday, ending the day down 0.2% as the banks weighed on market gains after Westpac posted a 9% drop in net profit for Q1, while investors remain cautious ahead of the RBA's first meeting for 2025 starting today. The market is factoring in a 90% chance of a rate cut today, however, economic data shows inflation and key drivers of inflation remain sticky so the announcement out of the RBA will be highly anticipated this afternoon, in addition to the outlook for the rate journey.Gold miners saw significant sell-offs after the precious metal experienced its largest single-day drop on Friday. Northern Star Resources dropped 3.5%, Bellevue Gold lost 3.16% and Evolution Mining ended the day down 2.05%. On the other hand, payment provider Findi saw a strong rally, up 7.3%. This surge came after the company narrowed its earnings forecast for fiscal 2025, now expecting earnings before tax to fall between $30 million and $32 million, compared to the earlier range of $30 million to $35 million.Better-than-expected earnings boosted a2 Milk by 19.7% on Monday with the company reporting a 10.1% rise in revenue, NPAT up 7.6% to NZ$91.7m and A2M also declared an inaugural dividend of 8.5 NZ cps. A sharp rise in US steel prices since President Trump commenced his term in office, boosted BlueScope Steel's outlook in results out yesterday. Shares in Australia's largest steelmaker rose almost 13% on Monday despite the company reporting a 57% slide in underlying EBIT and NPAT down 59%.What to watch today:Ahead of Tuesday's trading session the SPI futures are anticipating the ASX will open the day up 0.25%.On the commodities front this morning, oil is trading 0.91% higher at US$71.38/barrel, gold is up 0.78% at US$2903/ounce and iron ore is up 0.06% at US$106.83/tonne.The Aussie dollar has further strengthened overnight to buy US$0.63, 96.30 Japanese Yen, 50.52 British Pence and NZ$1.11.Trading Ideas:Bell Potter has increased the 12-month price target on Chalice Mining (ASX:CHN) from $5.15 to $5.75 and maintain a speculative buy rating on the platinum, nickel, copper and cobalt miner following metallurgical test work breakthrough at the company's 100%-owned Gonneville Project demonstrating two saleable, smelter grade flotation concentrated can be produced across the entire Gonneville Sulphide resource.And Trading Central has identified a bullish signal on Dalrymple Bay Infrastructure (ASX:DBI) following the formation of a pattern over a period of 25-days which is roughly the same amount of time the share price may rise from the close of $3.65 to the range of $3.96 to $4.04 according to standard principles of technical analysis.

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Grady Wulff, Market Analyst at Bell Direct

Play Episode Listen Later Feb 12, 2025 8:01

Earnings season continues, with Commonwealth Bank, AGL, Suncorp and Evolution Mining all in the spotlight today. MARKET WRAP: ASX200: up 0.61%, 8,535 GOLD: $2,919 US/oz BITCOIN: $152,578 AUD CBA up another 2.4% to a new high of $165.98. Strong first half earnings of $287 million helped ComputerShare to lift 15.5% to $41.53. Suncorp shares up 1.3% to $20.62. AGL just managed to finish in the green as it bore the brunt of increased coal costs. While higher gold prices contributed to record earnings for Evolution Mining, with shares up 1.1% to $6.29. The tech sector finished down, with losses of 1.6% for Xero, Technology One sinking 1.8%, and NextDC dropping 2.4%. Down by more than 1% were Pro Medicus, James Hardie and Northern Star Resources. CURRENCY UPDATE: AUD/USD: 62.91 US cents AUD/GBP: 50.5 pence AUD/EUR: 60 Euro cents AUD/JPY: 96 Japanese yen AUD/NZD: 1.11 NZ dollars See omnystudio.com/listener for privacy information.

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Novo Resources Corp gains $11.5 million from San Cristobal sale

Play Episode Listen Later Dec 6, 2024 3:18

Novo Resources Corp (TSX:NVO, OTCQX:NSRPF, ASX:NVO) executive co-chair and acting CEO Mike Spreadborough talked with Proactive's Tylah Tully about the company's recent sale of 38% of its holding in San Cristobal for $11.5 million. Spreadborough highlighted the liquidity this sale provides and its role in securing upcoming exploration plans for 2025. Spreadborough noted, “It's a really good chunk of cash,” further emphasising that the sale value exceeded its current book valuation. He also reassured stakeholders that the remaining 60% holding in San Cristobal continues to be a significant and strategic asset. He went on to discuss Northern Star Resources' $5 billion acquisition of De Grey Mining. With Novo Resources holding a joint venture agreement with De Grey, Spreadborough viewed this development positively, underlining its implications for Novo's tenements near the Hemi gold plant site. This interview offers insights into Novo Resources' strategic initiatives and investment plans. #ProactiveInvestors #NovoResources #ASX #TSXNVO #OTCQXNSRPF #ASXNVO #MiningInvestment #GoldExploration #SanCristobal #DeGreyMining #NorthernStarResources #GoldMiningNews

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Morning Briefing: Heliostar Metals announced drill results from the Ana Paula project in Guerrero, Mexico.

Mining Stock Daily

Play Episode Listen Later Dec 2, 2024 6:24

Heliostar Metals announced drill results from the Ana Paula project in Guerrero, Mexico. Canterra Minerals announced new assays from the maiden drill program at its Buchans Project in the Central Newfoundland Mining District in Canada. Northern Star Resources has agreed to take over rival De Grey Mining in an all-share deal. Minera Alamos issued it's Q3 operations update and select financial highlights. The Mining Stock Daily morning briefing is produced by Clear Commodity Network. It is distributed throughout the world through your podcast network of choice, and by our friends at the Junior Mining Network. The information presented should not be considered investment advice. Mining stock daily and its affiliates are not responsible for any loss arising from any investment decision in connection with the material presented herein. Please do your own research or speak with a licensed financial representative before making any investment decisions.

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The Market Wrap with Elio D'Amato, Stockopedia

Play Episode Listen Later Dec 2, 2024 12:31

Northern Star will put a $5 billion bid across the table to acquire De Grey mining, as the gold price continues to sit near the top of its range. MARKET WRAP: ASX200: up 0.14%, 8,447 GOLD: $2,654 US/oz BITCOIN: $147,889 AUD A $5 billion bid for De Grey Mining by gold giant Northern Star Resources saw De Grey shares lift almost 30% to $1.97, while Northern Star went the other way, down 5.3% to $16.59. IGA operator Metcash lifted 2.2% to $3.19, despite underlying profit down by 5.5% to $134.6 million in first half earnings. Mineral Resources and IGO both up 6.2%. And a mixed day for the banks saw NAB up 0.5% & ANZ up 0.6%, while Commbank and Westpac both went backwards. GQG Partners slid by 14% to $2.02 after receiving a broker downgrade from UBS. Clarity Pharmaceuticals down 6.2% and Regis Healthcare down 3.4% While down more than 1% was Dexus, Charter Hall and Lovisa. CURRENCY UPDATE: AUD/USD: 65.01 US cents AUD/GBP: 51.2 pence AUD/EUR: 61 Euro cents AUD/JPY: 97 Japanese yen AUD/NZD: 1.10 NZ dollars See omnystudio.com/listener for privacy information.

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Morning Bell 3 December

Play Episode Listen Later Dec 2, 2024 3:47

Our local market yesterday started the week in the green, closing 0.14% higher with technology, consumer discretionary and energy in the lead. Overnight, Wall Street saw technology stocks improve. The Nasdaq closed at records to kick off the first trading day of December, up 0.97%. The S&P500 briefly hit an all-time high before closing 0.24% in the green, while the Dow Jones was just under, closing 0.29% lower. Intel was in focus, making strong gains before sharply falling before the close, after announcing its CEO Pat Gelsinger will be retiring. Super Micro Computer (NASDAQ:SMCI) jumped after announcing the search of a new finance chief – this also follows the announcement that the business found no evidence of fraud or misconduct. It'd share price has been on a rollercoaster ride this year due to claims of accounting manipulation. And retail stocks also did quite well, off the back of the Black Friday and Cyber Monday sales, which saw strong gains from Macy's and Lululemon, among others. What to watch today: The SPI futures are pointing to an improvement, suggesting our local market will open 0.73% higher this morning. In commodities, The iron ore price should be supported today, with recent data showing that China's factory activity expanded at its fasted pace in 5 months. This was above expectations, signalling an expansion in activity. Now note, the rate of change is still modest, however it is a pickup in activity for China. Gold is trading lower, therefore sector worth watching in early trade today. And crude oil is also trading lower, as investors monitor the bullish economic data from China and await the upcoming OPEC+ meeting. The US dollar continued its unstoppable run, which has seen the Aussie dollar is back to the bottom end of its recent rage at US$0.65. And buying 96.85 Japanese Yen, 0.51 British pence and NZ$1.10. Trading Ideas: Bell Potter maintains their BUY rating on Northern Star Resources (ASX:NST), a large-scale Australian gold producer with projects in Western Australia and North America. Northern Star Resources and DeGrey Mining (ASX:DEG) announced that they have agreed that NST would acquire DEG by Scheme of Arrangement. Their price target is $19.55 and at NST's current share price of $16.59, this implies 17.8% share price growth in a year. Bell Potter also have a Speculative Buy rating on DEG with a valuation of $2.15 per share. Also in the gold sector, Bell Potter maintains a Buy rating on Gold Road Resources (ASX:GOR), off the back of the Northern Star Resources and DeGrey Mining acquisition announcement. Gold Road Resources are the largest shareholder of DeGrey Mining. Bell Potter's increased their [roce target from $2.40 to $2.55, and at it's current share price of $2.04, this implies 25% share price growth in a year.

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Morning Bell 19 November

Play Episode Listen Later Nov 18, 2024 4:14

Wall Street returned to mostly rally mode on Monday with the Nasdaq leading the gains, posting a rise of 0.6% at the closing bell while the S&P500 added 0.4% but the Dow Jones ended the day down 0.1%. Tesla shares popped 5.6% on Monday amid reports President Elect Donald Trump's team is working on ways to ease self-driving regulations, while Nvidia shares lost 1.3% as investors await earnings out of the semiconductor giant. Across Europe overnight, markets closed mixed in the region as investors await key inflation data out later this week from the Eurozone and the UK, while a slew of CPI readings are also due out this week across Europe. The STOXX 600 fell 0.1% on Monday, Germany's DAX closed flat, the French CAC rose 0.12% and, in the UK, the FTSE100 ended the day up 0.6%.Over in the Asia region, markets closed mixed to start the week as investors await key economic data out in the region this week including Japan's inflation data and China's loan prime rate. China's CSI index ended Monday's session down almost half a percent, Japan's Nikkei fell 1.09%, South Korea's Kospi index gained 2.16% and Hong Kong's Hang Seng rose 0.82%.The local market started the week in positive territory with a 0.2% gain as investors hope further stimulus out of Beijing will increase demand for Aussie exports especially in the mining space. Consumer staples and utilities stocks led the rally on Monday with gains of 1.95% and 1.82% respectively, while health and tech, the two growth sectors, ended Monday's session with losses of 0.88% and 0.79% respectively.Russia's most recent move to cut exports of enriched uranium to the U.S. boosted local uranium miners on Monday, with Boss Energy rising 7.3% while Paladin Energy rose over 5%.Gold miners also felt some relief yesterday as the post-election USD rally eased and the gold price rebounded to trade 1.2% higher at US$2592.95/ounce. Northern Star Resources, Evolution Mining and Gold Road Resources each ended Monday's session in the green.What to watch today:Ahead of Tuesday's trading session on the ASX the SPI futures are anticipating the local market to open the new trading day 0.11% higher. We may see investors react to the release of the RBA's latest meeting minutes out today in Australia as investors will digest the RBA's remarks and determine if rate cuts are on the horizon. On the commodities front this morning, oil is trading 2.63% higher at US$68.79/barrel, gold is up 1.87% at US$2610/ounce and iron ore is down 0.6% at US$101.63/tonne. The Aussie dollar has further weakened against the greenback to buy US$0.64, 100.61 Japanese Yen, 51.13 British Pence and NZ$1.10. Trading Ideas:Bell Potter has initiated coverage of Alfabs Australia (ASX:AAL) with a buy rating and a price target of 40cps as Bell Potter's analyst sees this is a good buying opportunity for the diversified Australian industrial services group given it is relatively undervalued with an attractive NPAT and compound annual growth rate outlook of 21.8% p.a. over FY24-27.Trading Central has identified a bearish signal on IRESS (ASX:IRE) following the formation of a pattern over a period of 48-days which is roughly the same amount of time the share price may fall from the close of $9.48 to the range of $8.95 to $9.05 according to standard principles of technical analysis.

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Just the Facts: Strickland Metals confirms thick, high-grade Rogozna intersections

Play Episode Listen Later Oct 31, 2024 1:35

Proactive's Tylah Tully breaks down ‘Just the Facts' of the latest news from Strickland Metals Ltd (ASX:STK). The company has received another thick, high-grade intersection from ongoing drilling at the Medenovac Prospect, part of its Rogozna Gold and Base Metals Project in Serbia. Recent diamond drilling revealed 43.4 metres at 4.6 g/t gold equivalent within a larger 233-metre section at 1.7 g/t gold equivalent. Included in this is a 19.7-metre interval at 6.8 g/t gold equivalent, highlighting extensive high-grade gold and base metal mineralisation. Medenovac, one of four skarn-hosted deposits within Rogozna, shows consistent mineralisation over a 150-metre strike length. These latest results provide Strickland Metals with the data needed to proceed with a maiden mineral resource estimate for the site, planned for early next year. Strickland remains well-capitalised, holding more than $14 million in cash and Northern Star Resources shares as of September 30. Drilling continues at Rogozna with four active rigs and the company is awaiting additional assay results from other drill holes. #ProactiveInvestors #StricklandMetals #ASX #JusttheFacts #GoldDiscovery #RogoznaProject #MedenovacProspect #GoldMining #BaseMetals #SerbiaMining #HighGradeIntercept #ExplorationDrilling #MiningUpdate #ResourceEstimate #GoldCopperZinc #Mineralisation #MiningExploration #ASX #DrillResults #MiningIndustry #MetalResources #MiningProjects #Gold

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Just the Facts: Nexus Minerals revisits Pinnacles gold study amid record prices

Play Episode Listen Later Oct 16, 2024 2:06

Proactive's Tylah Tully breaks down Just the Facts of the latest news from Nexus Minerals Ltd (ASX:NXM). The company has launched a new underground mine study for the Pinnacles Joint Venture Gold Project, driven by a recent rise in gold prices. Nexus holds a 90% stake in the project, while Northern Star Resources holds the remaining 10%. The Pinnacles deposit contains a resource of 609,000 tonnes at 4 g/t gold, totalling 78,000 ounces. The underground portion accounts for 450,000 tonnes at 4.6 g/t gold, representing 66,000 ounces. The project is just 13 kilometres from Northern Star's Carosue Dam Processing Plant, with a sale agreement in place for Nexus to sell ore to Northern Star. With gold prices reaching historic highs, Nexus views Pinnacles as a valuable near-term production opportunity. Key studies, including geotechnical, groundwater and metallurgical testing, have been completed, showing recovery rates exceeding 97%. Permits are in place for a rapid and cost-effective development, if favourable economics are confirmed. The deposit also remains open for further exploration below 300 metres. Nexus is conducting this mine study alongside a scoping study at the nearby Crusader-Templar Gold Deposit. #ProactiveInvestors #NexusMinerals #ASX #PinnaclesGold #GoldMining #NorthernStarResources #UndergroundMining #GoldExploration #MiningStudy #GoldPrice #AustralianMining #OreSaleAgreement #GoldProject #MineDevelopment #GoldDeposit #MiningUpdate #MiningNews #GeotechnicalStudy #GoldPotential #MetallurgicalTesting #MiningEconomics #GoldProduction #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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Nexus Minerals launches major drilling campaign to expand Wallbrook Gold Resource

Play Episode Listen Later Sep 24, 2024 5:58

Nexus Minerals Limited (ASX: NXM) managing director Andy Tudor joins Proactive's Tylah Tully to discuss the company's 10,000-metre regional aircore drilling program at its Wallbrook Gold Project, 140 kilometres northeast of Kalgoorlie, Western Australia. This program will focus on expanding the mineralised footprint of priority target MC2.1, which yielded high-grade gold mineralisation in previous drilling. Additionally, three other priority targets (MC2.2, MC5.2, and MC1.5) will be tested within the broader project area. The program is part of the company's systematic approach aimed at near-surface discoveries to enhance the project's resource base. The drilling is scheduled to conclude in October 2024, with assay results expected in November. Target MC2.1 is of particular interest, with earlier drill results returning gold intercepts, including 8 metres at 2.93g/t gold and 8 metres at 2.33g/t gold, which may indicate a resource extension of the nearby Wallbrook Gold Mine operated by Northern Star Resources. Tudor expressed optimism, citing favourable gold prices and the project's commercial and technical potential. Mine studies at Nexus' Crusader-Templar Gold Deposit are also progressing as part of the company's exploration and development strategy. #ProactiveInvestors #ASX #NexusMinerals #WallbrookGoldProject #AircoreDrilling #GoldExploration #MiningNews #GoldPrices #WesternAustralia #MC21Target #CrusaderTemplar #GoldMineralisation #MineralResources #GoldIndustry #KalgoorlieMining #RegionalDrilling #GoldDiscovery #ExplorationStrategy #ASX #GeologicalMapping #NorthernStarResources #GoldAssays #Mining #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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Morning Bell 17 September

Play Episode Listen Later Sep 17, 2024 4:34

Wall St started the new trading week with a mixed session ahead of the commencement of the Fed's FOMC meeting where it is expected a rate cut of 0.25% will be announced as the US inflation rate continues to ease to the target 2% while the economy remains robust enough to avoid a recession. The S&P500 reversed morning losses to close Monday's session up 0.13% while the Dow Jones rose 0.55% to a fresh record 41,622.08 points. The tech-heavy Nasdaq ended Monday's session down 0.52% though as Apple shares weighed on the tech index.Over in Europe, markets closed mostly lower on Monday ahead of key interest rate decisions out around the world this week. The STOXX 600 fell 0.2% on Monday, Germany's DAX lost 0.35%, the French CAC fell 0.21%, and, in the UK, the FTSE100 ended the day up 0.06%. The Bank of England rate decision is announced on Thursday where it is widely expected the BoE will maintain the current cash rate of 5% for another period following the first 25 basis points rate cut announced in August.Across the Asia region on Monday markets rose as investors assessed key economic data out of China including August factory, retail sales and fixed asset investment all rising by less than economists' were expecting in data out over the weekend. China and South Korea's markets were closed on Monday for the mid-Autumn festival, while Hong Kong's Hang Seng rose 0.13% on Monday.Locally on Monday, the ASX200 rose 0.27% taking lead from Wall Street's rally on Friday ahead of the Fed's next FOMC meeting where it is widely expected the Fed will announce the first interest rate cut of this cycle as inflation eases in the US.Gold stocks rose on Monday as the price of the precious commodity rose 0.41% to US$2589/ounce. Evolution Mining, Regis Resources and Northern Star Resources each ended Monday's session in the green.Qantas shares rallied yesterday after the national carrier announced it is raising the cost of changing airfares booked with the airline by 20% which increases income for the flying kangaroo.Australian-based global ship maker, Austal jumped over 17% on Monday after announcing it had won a US$450m contract with General Dynamics Electric Boat to expand production capacity at its US shipyard in support of the US Navy Submarine Industrial Base (SIB).What to watch today:Ahead of Tuesday's trading session the SPI futures are anticipating the ASX to open the day up 0.65%.On the commodities front this morning, oil is trading 2.73% higher at US$70.53/barrel, gold is up 0.16% at US$2582/ounce, and iron ore is down 0.86% at US$92.26/tonne.The Aussie dollar has strengthened to buy US$0.67, 94.98 Japanese Yen, 51.04 British Pence and NZ$1.09.Trading Ideas:Bell Potter has initiated coverage of Champion Iron (ASX:CIA) with a buy rating and a 12-month price target of $7.15/share. Bell Potter's analyst sees the company's shift into higher grade production will likely support average realised prices and earnings amid an iron ore price environment generally expected to weaken. CIA will benefit from maturing high-grade iron concentrate markets that recognise emission reduction benefits. CIA is a dividend payer and the analyst expects earnings to continue to support dividends.And Trading Central has identified a bearish signal on Kelsian Group (ASX:KLS) following the formation of a pattern over a period of 12-days which is roughly the same amount of time the share price may fall from the close of $3.99 to the range of $3.25 to $3.40 according to standard principles of technical analysis.

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Weekly Wrap 6 September

Play Episode Listen Later Sep 6, 2024 6:31

The Australian market has just weathered a turbulent reporting season for FY24, with many companies struggling under the weight of rising interest rates and inflationary pressures. Despite a handful of standouts, the overall outlook for FY25 is cautiously pessimistic. As we dive deeper into the key takeaways and predictions for the coming year, it's clear that businesses will need to adapt to a more challenging economic landscape.In this week's wrap, Grady covers:(0:46): how weakening commodity prices influenced the resources sector(1:37): why dividends were on the chopping block(3:08): how retailers performed this August(4:36): how the ASX200 performed this week(5:19): the most traded stocks by Bell Direct clients(5:45): economic news items to watch out for.

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Morning Bell 4 September

Play Episode Listen Later Sep 4, 2024 3:50

Well, the Australian market closed yesterday's session slightly lower, as consumer and mining stocks weighed on the ASX200, ahead of Australia's GDP reading for Q2 out later this morning. Economists are expecting 0.3% growth, from 0.1% reported in Q1. The market may see a strong investor reaction if reports are below expectations, as the high-interest rate environment continues to weigh on the economy. Woolworths (ASX:WOW), Coles (ASX:COL) and Endeavour (ASX:EDV) shares were among the hardest hit yesterday, as each of the consumer staples company's went ex-dividend.US equities tumbled in the red overnight for the first US trading session of September. Technology heavyweights struggled to rally into the new month and fresh economic data came in weaker-than-expected. The market has seemed to be data dependent recently, as the Nasdaq declined 3.6%, the S&P500 down 2% and the Dow Jones closed 600 points or 1.5% lower. European markets also closed in the red, with the STOXX600 down 0.97%. What to watch today:Following US markets overnight, the SPI futures are suggesting that Australian market will drop 1.17% at the open this morning. In commodities, Crude oil is down 5% to US$70.36 per barrel, the lowest since the start of January as muted demand magnified the impact of relatively ample supply. Plus, new data out in China aggravated concerns that the economic growth from one of the largest oil consumers in the world, is unlikely to bounce back this year, after factory demand dropped more than expected in August. So keep watch of energy producers today, including Beach Energy (ASX:BPT) and Woodside Energy (ASX:WDS). Gold is trading slightly lower as the US dollar added pressure. And iron ore is trading in the green after weighing down on our large mining stocks yesterday, as weakness in China's economic recovery and steel industry sparked yesterday's iron ore price to drop below US$100 per tonne. BHP Group (ASX:BHP), Champion Iron (ASC:CIA) and Fortescue (ASX:FMG) were all lower. On that note, Fortescue is also set to go ex-dividend today, which may see FMG's share price fall, as investors take their profits. And the Australian dollar is buying US$67.36, 97.92 Japanese Yen, 51.32 British Pence and NZ$1.09.Trading Ideas:Bell Potter initiated coverage on Northern Star Resources (ASX:NST), the largest solely ASX listed gold mining company. Bell Potter initiate coverage with a Buy recommendation in accordance to their ratings structure. Their 12-month price target is $17.50 and that their current share price of $14.87, this implies 17.7% share price growth in a year. And Trading Central have identified a bearish signal on Goodman Group (ASX:GMG) indicating that the stock price may fall from the close of $33.07 to the range of $29.20 to $30.00 over 7 days, according to the standard principles of technical analysis.

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Strickland Metals hits highest gold grades yet in Serbia

Play Episode Listen Later Aug 6, 2024 4:46

Strickland Metals Ltd (ASX:STK) managing director Paul L'Herpiniere sits down with Proactive's Jonathan Jackson to discuss a significant discovery at its Rogozna gold and base metals project in Serbia. A drill hole at the Shanac deposit intercepted 89.7 metres at a grade of 4 g/t gold. This result, including 24.1 metres at 10.5 g/t gold, is the highest gold mineralisation recorded at the site, which hosts a 5.4-million-ounce gold equivalent resource. The drill hole also revealed extensive copper-gold mineralisation, featuring a 109-metre interval at 1.3 g/t gold and 0.4% copper, with zones containing up to 11% copper. The discovery of the thick, high-grade gold zone, which remains open along strike, marks an important step in understanding the geological controls within Shanac. L'Herpiniere said the results validated the company's geological model, targeting higher-grade zones to upgrade the 4.6-million-ounce inferred resource. The results will help redefine the model into three structurally controlled domains. Strickland Metals is continuing its exploration efforts with seven rigs active across Rogozna and the Yandal Project in Western Australia. The company is financially strong, holding $48.7 million in cash and Northern Star Resources shares at the end of the June quarter. #Proactiveinvestors, #StricklandMetals #ASX #GoldDiscovery, #MiningNews, #RogoznaProject, #ShanacDeposit, #GoldMineralisation, #CopperGold, #HighGradeGold, #GeologicalModel, #Exploration, #DrillingResults, #MiningIndustry, #Serbia, #ResourceUpgrade, #MineralExploration, #GoldMining, #BaseMetals, #InvestingInMining, #NorthernStarResources #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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Morning Bell 21 May

Play Episode Listen Later May 20, 2024 2:50

Wall St closed mixed overnight despite strong gains from some major tech companies. The Dow Jones fell 0.49%, the tech-heavy Nasdaq gained 0.65% and the S&P 500 ended the trading session 0.09% higher.In terms of US stocks, Nvidia rose 2% as investors await for their first quarter results, due to be released on Wednesday afternoon.Over in Europe, markets closed in the green overnight after a strong run of gains. The STOXX600 closed 0.2% higher with most of the sectors ending the trading session up with industrial stocks gaining 0.96% whilst autos fell 0.77%. Germany's DAX and the French CAC both rallied 0.35% and over in the UK the FTSE100 rose 0.05% by market close.Locally yesterday the ASX200 ended Monday's trading session 0.63% in the green, with the majority of sectors finishing positive. Gains were led by the energy and materials sectors which rose 2.23% and 1.93% respectively. This was offset by the health sector which fell 0.86% by the closing bell yesterday.In terms of local stocks yesterday, Star Entertainment group soared 22% after confirming it has received takeover offers from Hard Rock Hotels, and Australian jewellery house Michael Hill plunged almost 20% after warning of a decline in sales for FY24 compared to the prior year.What to watch today:The Australian share market is set to open lower, with the SPI futures suggesting a fall of 0.11% by market open this morning.On the commodities front this morning, Gold is trading half a percent higher at 2426 US dollars and 32 cents an ounce after hitting all-time highs yesterday as demand for the precious metal continues to soar, amid increased optimism for global rate cuts later this year which has impacted the USD and bond yields. This sparked a rally for local gold miners yesterday including Spartan Resources, Bellevue Gold, Northern Star Resources and Evolution Mining. Oil is trading 1.5% lower at 78 US dollars and 85 cents a barrel and iron ore is trading 0.15% higher at 117 US dollars and 2 cents a tonne.Trading Ideas:Bell Potter maintains a buy rating on PointsBet Holdings (ASX:PBH) and has an unchanged 12-month price target of $0.63. The buy rating is maintained by Bell Potter as PointsBet upgraded its FY24 normalised EBITDA guidance from a loss of $9-$14 million to $4-$6 million after a continued strong year-to-date trading in H2 FY24 and increased operational efficiency and productivity. This upgrade result reflects a significant improvement on the FY23 normalised EBITDA, hence the buy rating is maintained.

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Goldexperte Markus Bußler: u2026 dann haben die Goldaktien viel Luft nach oben

Play Episode Listen Later Apr 11, 2024 17:32

Allzeithoch nach Allzeithoch. Der Goldpreis klettert immer weiter.

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Morning Bell 4 April

Play Episode Listen Later Apr 3, 2024 3:06

US equities were mixed overnight with the Dow Jones closing 0.1% lower, marking its third straight negative day, while the S&P500 and the Nasdaq closed slightly up 0.1% and 0.2% respectively. The Dow Jones was lower after Intel declined more than 8% off the back of the company posting operating losses in its semiconductor manufacturing business. And AI company Nvidia was in the red despite trading higher for most of the session on Wednesday, restricting gains for the market. Higher rates also weighed down on the market with data out yesterday showing private payrolls grew more than expected in March. European markets were higher after euro zone inflation fell more than expected. The STOXX 600 closed 0.3% higher with most sectors in positive territory. What to watch today:The Australian market is set to rise 0.33% at the open this morning. In commodities, The price of oil is trading in the green after the latest Energy Information Administration data saw a surprise increase in US inventories. Gold is rallying, surging toward $2,300 an ounce, extending its six-day rally as investors welcomed comments made by Fed Chair Jerome Powell, who indicated that a lower policy interest rate would likely be appropriate “at some point this year”. Gold stocks to watch include Northern Star Resources (ASX:NST), Newmont Corporation (ASX:NEM), Evolution Mining (ASX:EVN) and Bellevue Gold (ASX:BGL). And iron ore is also in the green recovering the week's earlier losses. Trading Ideas:Bell Potter maintains a Buy rating on Electro Optic Systems (ASX:EOS), an Australian defense manufacturer specializing in advanced weapon and satellite tracking technology. EOS has successfully completed a $35 million fully underwritten placement, with the proceeds intended to fund future growth. Bell Potter has lowered their price target by 5% to $2.20 with upcoming potential catalysts for the stock including the next debt repayment scheduled for April, a first quarter update later this month and the H1 results in September. At the current share price of $1.58, this price target implies 39.2% share price growth in a year.And Trading Central has a bearish signal on The Star Entertainment Group (ASX:SGR), indicating that the stock price may fall from the close of $0.54 to the range of $0.37 to $0.41 over 31 days, according to the standard principles of technical analysis.

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Morning Bell 27 March

Play Episode Listen Later Mar 26, 2024 5:17

Wall Street extended its losses into Tuesday's session as a morning rally quickly faded in afternoon trade with the Dow Jones ending the day down 0.08%, the S&P500 lost 0.28% and the tech-heavy Nasdaq fell 0.42%. Orders for long-lasting goods in the US rose 1.4% in February in data out yesterday which beat economists' expectations of a 0.8% rise, which investors may have taken as a sign that inflation remains elevated in the US thus adding support for rates to remain on hold for a little while longer, especially after the slight uptick in CPI in the latest reading out of the US.Krispy Kreme shares soared 39% on Tuesday after the donut giant announced it would expand its partnership with McDonald's, while Tesla rallied 5% in a rebound for the EV maker after a few months of negative sentiment from markets in 2024.In Europe overnight, markets closed slightly higher in the region as investors continue digesting key central bank moves in the region. The STOXX600 rose 0.3%, Germany's DAX rose 0.67%, the French CAC added 0.41% and, in the UK, the FTSE100 climbed 0.17% on Tuesday.Across the Asia markets, it was mostly a green session across the board on Tuesday with South Korea's Kospi hitting a 2-year high as investors assessed the latest batch of economic data. Japan's annual B2B service inflation remained at 2.1% in February indicating companies continue passing on rising costs to customers. Singapore's manufacturing output increased 14.2% in February from January's 6.7% decline which boosted the local index to a 1.31% close on Tuesday and Hong Kong's Hang Seng rose 1.1% yesterday.The local market started the week higher before retreating 0.41% on Tuesday taking lead from Wall Street's losing session on Monday and on the back of local market sell-offs which were hardest felt by tech stocks on Tuesday as the sector closed the session down 1.55%.Westpac consumer confidence data for March also released yesterday weighed on the market sentiment as the reading for this month came in at -1.8% which is a sharp decline from the 6.2% reported in February and above economists' expectations of a drop to minus 1.6% which signals consumer sentiment in market conditions is sliding and we are feeling the full bite of the currently elevated rates.Earlier in the week commodity-related stocks weighed on the key index, however, a rebound in the price of oil, iron ore and gold saw investors buy back into the miners yesterday. While the opposite story can be told for rate sensitive stocks like technology and real estate which started the week on a high note after a less-hawkish RBA statement was released last week, before these sectors declined on Tuesday.What to watch today:Ahead of the local trading session here in Australia for Wednesday, the SPI futures are anticipating the ASX to open the day down 0.24% tracking Wall Street's turbulence overnight.Taking a look at commodity prices, oil has slightly retreated again overnight to trade 0.1% lower at US$81.87/barrel, gold is up 0.3% at US$2177.38/ounce, and iron ore is down 0.9% at US$110.50/tonne.Trading Ideas:Bell Potter has initiated coverage of leading Australian engineering group, Monadelphous Group (ASX:MND) with a buy rating and a price target of $15.40. Bell Potter's analyst sees strong revenue growth in the company's FY24 guidance and the EC pipeline revenue is forecast to continue growing in the second half with a step up in construction contracts won in FY24 to date valued at over $750m scheduled to be completed over FY24-FY25.And Trading Central has identified a bullish signal on Northern Star Resources (ASX:NST) following the formation of a pattern over a period of 12-days which is roughly the same amount of time the share price may rise from the close of $13.93 to the range of $15.80 to $16.20 according to standard principles of technical analysis.

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Goldexperte Markus Bußler: Es braut sich etwas zusammen

Play Episode Listen Later Dec 14, 2023 17:25

Der Goldpreis erlebte gestern ein fulminantes Comeback. Beflügelt durch die US-Notenbank konnten die Bullen die Marke von 2.000 Dollar zurückerobern.

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Goldexperte Markus Bußler: 'Silber ist und bleibt unser Sorgenkind'

Play Episode Listen Later Dec 7, 2023 14:44

Der Goldpreis stieg kurzzeitig auf ein frisches Allzeithoch, überschritt im Future sogar die Marke von 2.140 Dollar. Doch die Freude der Goldbullen währte nur kurz. Noch am gleichen Tag ging es wieder bergab.

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Morning Bell 29 November

Play Episode Listen Later Nov 28, 2023 5:32

Wall Street resumed the November rally on Tuesday with stocks closing Tuesday's session higher as comments from a Federal Reserve official boosted investor hopes that the central bank may not need to raise the interest rate any further. The Dow Jones rose 0.24%, the S&P500 added 0.1% and the tech-heavy Nasdaq rose 0.3%.US GDP Growth Rate for Q3 is out tonight and will give an indication of just how the US economy is coping during the high interest rate environment, with consensus expecting annualised growth of 5%, following a rise of 4.9% in the last reading, which provides further indication of a soft landing in the US over a recession.In Europe, markets closed mostly lower on Tuesday following the release of key economic data in the region. The STOXX600 ended Tuesday's session in the red, while Germany's DAX rose 0.16%, the French CAC fell 0.21% and, in the UK, the FTSE100 ended Tuesday's session down 0.07%. Consumer sentiment data was released in Germany and France overnight indicating German consumers are slowly increasing their willingness to buy in recession-hit Germany however income expectations in the region have declined, while in France, the French consumer remains sluggish on outlook as indicated by consumer confidence data.Locally on Tuesday, the gold miners and real estate stocks boosted the ASX to a positive finish on Tuesday, with the key index ending the day up 0.4%. The energy sector weighed on the market yesterday as oil retreated for a third straight day amid delays to the upcoming OPEC+ meeting where it is expected the group of oil producing leaders will initiate further output cuts to stabilise oil prices.For the month so far, the ASX is tracking 2.8% higher buoyed by the real estate sector as investors begin to reconsider investments in the REIT space after a heavy sell-off in this rate sensitive sector throughout the first half of 2023.The retailers took a hit on Tuesday after Australian retail sales data for October showed a decline of 0.2% which wasn't unexpected as Aussies saved money prior to the Black Friday and Cyber Monday sales periods. Economists were expecting a slight pullback in sales to a rise of 0.1% for October, however the result coming in at a 0.2% decline indicates just how hard Aussies are doing it in the high cost of living environment. We are expecting a rise in November sales though as Aussies snapped up bargains during the promotional sales weekend.What to watch today:Ahead of the local trading session here in Australia the SPI futures are expecting the ASX to open the midweek trading session up 0.28%.On the commodities front this morning, oil is trading 2.57% higher at US$76.78/barrel, gold is up 1.36% at US$2041/ounce and iron ore is down 0.74% at US$134.50/tonne.AU$1.00 is buying US$0.66, 98.16 Japanese Yen, 52.34 British Pence and NZ$1.08.Trading Ideas:Bell Potter has increased the rating on IDP Education (ASX:IEL) from a hold to a buy and increased the price target from $26.70 to $27 following the release of recent student visa data from key source markets including India, China, Vietnam, Australia, Nigeria and Thailand into key destination countries of Australia, the UK and Canada. While 1H24 is typically seasonally weaker in Australia, levels came in slightly above pre-pandemic levels and the Northern Hemisphere data was encouraging particularly for Canada which is a key market IDP operates in.And Trading Central has identified a bullish signal on Northern Star Resources (ASX:NST) following the formation of a pattern over a period of 40-days which is roughly the same amount of time the share price may rise from the close of $12.14 to the range of $14.20 to $14.70 according to standard principles of technical analysis.

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Morning Bell 20 November

Play Episode Listen Later Nov 19, 2023 4:15

Wall Street closed higher on Friday, extending on the November rally among equities in the US with each of the key indices posting a gain for a third straight week. The rally on Friday extended from the prior sessions on the back of softer-than-expected inflation data being released, boosting investor hopes that further rate hikes will be off the table. The Dow Jones added 0.01% on Friday while the S&P500 rose 0.13% and the tech-heavy Nasdaq added 0.08%.Shares in clothing retailer Gap soared 30% on Friday, a day after the company posted better-than-expected results for the third quarter. While on the other end of the market, EV charging network ChargePoint tanked 35% after the company announced a change up to its product suite and cut forecast for third-quarter revenue.Over in Europe, markets closed higher on Friday following the release of eurozone inflation data indicating a sharp slowdown, with October's YoY inflation reading coming in at 2.9% compared to 4.3% in September. The STOXX600 rose 1%, Germany's DAX added 0.84%, the French CAC added 0.91%, and, in the UK, the FTSE100 rose 1.26% boosted by a 0.3% decline in retail sales figures to the lowest level since early 2021.Locally on Friday, the ASX200 fell 0.13% as a sharp decline in the price of oil sparked a sell-off in energy stocks, with the sector ending the day down 1.6%. Industrials and tech stocks offset some of the session's heavy losses with 0.45% and 0.43% gains respectively.Gold miners rallied on Friday on a rise in the price of the precious commodity, with Northern Star Resources, Evolution Mining and Bellevue Gold each rising over 3%.Telix Pharmaceuticals and NextGen Energy were two beneficiaries of the Sohn Hearts & Minds Conference last week after industry experts said the healthcare stock and uranium stock were undervalued and the top stock pick, respectively at the conference.What to watch today:Ahead of the local trading session here in Australia the SPI futures are expecting the local market to open the new trading week 0.4% higher.On the commodities front this morning, oil has rebounded to trade 4.1% higher at US$75.89/barrel, gold is down 0.04% at US$1980.01/ounce and iron ore is down 0.38% at US$132.50/tonne.1 Aussie dollar is buying 65 US cents, 97.40 Japanese Yen, 52 British Pence and 1 New Zealand dollar and 9 cents.Stocks trading ex-dividend today include Silk Laser Australia and Tamawood. If you've been thinking about these stocks, it might be worth considering buying in today as stocks trading ex-dividend generally trade lower on the ex-dividend date.Trading Ideas:Bell Potter has increased the 12-month price target on GrainCorp (ASX:GNC) from $9.45 to $9.55 and maintain a buy rating on the leading Australian grain facilitation company following the release of the company's FY23 results including underlying NPAT slightly above Bell Potter expectations at $268.9m, revenue up 5% to $8.23bn which topped Bell Potter expectations and lease adjusted operating cash inflow of $534.6m, which is above the inflow of $407.1m in FY22.And Trading Central has identified a bullish signal on ClearView Wealth (ASX:CVW) following the formation of a pattern over a period of 278 days which is roughly the same amount of time the share price may rise from the close of $0.58 to the range of $0.69 to $0.71 according to standard principles of technical analysis.

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Goldexperte Markus Bußler: 'Das sieht ordentlich aus'

Dig Deep – The Mining Podcast Podcast

Play Episode Listen Later Nov 16, 2023 14:46

Der Goldpreis konnte nach den schwächer als erwartet ausgefallen Inflationsdaten am Dienstag deutlich zulegen. Auch Silber schloss sich der Rally an.

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The Labour Markets of Western Australia - with Darren Stralow

Play Episode Listen Later Feb 2, 2023 31:34

In this episode we have a returning guest who appeared back in October 2019 (Episode 46). Darren Stralow is the Chief Executive Officer at Bellevue Gold, a junior who has discovered an exceptionally high-grade gold system in the world-class Goldfields mining district and is one of the highest-grade and fastest-growing gold projects in Western Australia. Darren is an experienced mining executive and qualified mining engineer with over 20 years' industry experience and was a member of the senior management team at Northern Star Resources for over 10 years before joining the helm at Bellevue Gold. He gives us an overview of the company and what they are looking to achieve during 2023 and beyond. We discuss the labour market in WA and how Bellevue Gold set itself apart from other junior miners. KEY TAKEAWAYS Bellevue is a startup company that has grown exponentially in the last six years, based upon an existing mine from the 1890s, and which was an on/off operation. Coming from a broad corporate world has allowed Darren to hone his experience and gain a wide ranging set of tools that has equipped him well. Bellevue already had a high quality team, but as it has grown over the last twelve months, it has led to a huge upswing in talent, and has allowed them to pull towards more ambitious goals. BEST MOMENTS 'It's an amazing journey for a young professional to be involved in' 'Bellevue as a company has built a significant high grade asset' 'We've gone through the journey of being an exploration company, and now a development company' 'You need to surround yourself with the right people' VALUABLE RESOURCES Dig Deep – The Mining Podcast on iTunes Darren Stralow LinkedIn - https://au.linkedin.com/in/darren-stralow-88158432 VALUABLE RESOURCES mailto:rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/ http://www.mining-international.org https://twitter.com/MiningConsult https://www.facebook.com/MiningInternational.org https://www.youtube.com/channel/UC69dGPS29lmakv-D7LWJg_Q?guided_help_flow=3 ABOUT THE HOST Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first-world to third-world countries from Africa, Europe, the Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace. CONTACT METHOD rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/ Podcast Description Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people's experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.See omnystudio.com/listener for privacy information.

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At Close of Business 19 January 2023

Business News - WA

Play Episode Listen Later Jan 19, 2023 11:40

Jordan Murray wades into the debate over whether there's enough detail available about a prospective First Nations Voice. Plus the latest on The Art Gallery of Western Australia, John Day, Far East Consortium and Northern Star Resources.

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At Close of Business 24 October 2022

Business News - WA

Play Episode Listen Later Oct 24, 2022 12:52

Senior editor Mark Beyer updates listeners on the last two months of project approvals and muses about what's next for the resources sector. Plus the latest on Northern Star Resources, CMW Geosciences and the Reserve Bank of Australia.

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Mining HQ - Episode 128

Mining HQ

Play Episode Listen Later Aug 3, 2022 6:23

In today's episode Pablo Miller and Chris Le Messurier are chatting to Susan Cull the CME State Manager for Regional WA. We discuss the recent business lunch that featured Australia's Sex Commissioner Kate Jenkins, along with news from Rio Tinto, Northern Star Resources & FMG's plans to eliminate plastic waste. www.triplem.com.au/shows/mining-hq See omnystudio.com/listener for privacy information.

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At Close of Business 27 July 2022

Business News - WA

Play Episode Listen Later Jul 27, 2022 11:29

Simone Grogan and Mark Beyer go over the highlights of their goldminers feature, including how price fluctuations are affecting local players and Northern Star Resources' dominance in the market.

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#114: Luke Gleeson – Head of Corporate Development for Bellevue Gold

Play Episode Listen Later Jul 25, 2021

Luke Gleeson is the Head of Corporate Development for the new and exciting Gold Miner on the block, Bellevue Gold Limited (ASX:BGL). Gleeso has given everything a crack in life so far. Grade cricket, Kickboxing, Stock Broking, Financial Analyst….Gleeso has done it all. He then spent a solid 5 year stint with Northern Star Resources, working as Bill Beament’s right hand man for Investor Relations and Business Development. During his NST stint, Gleeso played a key role in both the Pogo and Super Pit acquisitions. In his current role with Bellevue Gold, Gleeson is embarking on taking BGL to the same heights he saw with Northern Star. This is a cracking yarn with a cracking bloke, you’ll all love this one no matter where you work in Mining. If I was to come back reincarnated for a second life, I would be Gleeso.

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#48 – Darren Stralow – Chief Development Officer for Northern Star Resources

Play Episode Listen Later Oct 7, 2019

Darren Stralow is the Chief Development Officer for Northern Star Resources. In this episode, we talk about his journey with Northern Star and he provides a great insight into why the company has climbed to the great heights it has. Great episode for any Engineers out there that want to make it in the big time. Stralow is a great example of where loyalty, dedication and a great attitude can take you in the Mining Industry.

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#49 – Advice for Mining Graduates with Darren Stralow from Northern Star Resources

Play Episode Listen Later Oct 7, 2019

In Part 2 with Darren Stralow from Northern Star Resources, we dedicate an episode to Graduates coming into the Mining Industry (strong focus on Mining Engineers but applies to all Graduates). Awesome advice for any young Mining Professionals out there that are keen to have a go.

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#29 – Bill Beament Part 2 – Executive Chairman of Northern Star Resources

Play Episode Listen Later Jul 21, 2019

In Part 2 with Bill Beament we continue on with the Northern Star story, from the success of Paulsens all the way to the successful acquisitions and operation of Jundee and Pogo. We also delve into the day to day life of a Mining Executive (it doesn’t involve golf every Thursday that is for sure). Thanks again to Bill for sharing his story and sparing a couple of hours to give Life of Mine its greatest interview yet.

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#28 – Bill Beament Part 1 – Executive Chairman of Northern Star Resources