Podcasts about northern star resources

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.

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.

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. 

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.

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.

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.

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.

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

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.

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.

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. 

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.

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

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

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

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.

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.

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. 

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

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.

Allzeithoch nach Allzeithoch. Der Goldpreis klettert immer weiter.

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. 

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.

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

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.

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.

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.

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

European and US markets rallied overnight after US PPI data came in lighter than expected. This built on optimism after US CPI on Wednesday was also less than anticipated. The data supports signs that inflation is cooling, therefore boosted economic sentiment, and raising hopes of a less aggressive path ahead. However, markets are still expecting a 25-basis point rise by the Fed this month. It was the fourth consecutive day of gains for the major averages, with the Dow Jones added 47 points or 0.14%. The S&P500 closed 0.85% higher, while the tech-heavy Nasdaq advanced 1.58%. European markets also closed higher after the US inflation reading, as well as a drop in UK gross domestic product. UK GDP pulled back slightly, amid the focus on ongoing inflation, particularly after strong wage growth data was announced this week. What to watch today:Our local market is set for a positive start, following the US overnight, with the SPI futures suggesting a 0.61% rise at the open this morning. Looking at commodities, Crude oil is trading higher as OPEC maintain a positive outlook on world oil demand, raising its growth forecast for 2023 and predicting a slight slowdown in 2024. This is driven by strong fuel consumption in China and India. Gold is slightly in the green, holding at its highest level in one month, as renewed evidence of softer inflation has boosted sentiment. So watch gold miners today. And iron ore is strong, trading 1.83% higher at US$111.50 per tonne, sharply rebounding from a one-month low, amid hopes of strong demand. China's hot metal production averaged 2.5 million tonnes per day in June, which was the highest level since October 2020, therefore suggesting that steel mills in are returning to full capacity in China, the world's top iron ore consumer. So keep watch of iron ore stocks today including Fortescue Metals (ASX:FMG), Rio Tinto (ASX:RIO) or BHP (ASX:BHP). Trading Ideas:Bell Potter maintains a Speculative Buy rating on Pharmaxis (ASX:PXS) and value the drug developer at $0.10. At PXS's current share price of $0.05, this implies 96.1% share price growth in a year. And Trading Central have identified a bullish signal in Northern Star Resources (ASX:NST) indicating that the stock price may rise from the close of $13.14 to the range of $13.55 to $13.70 over 15 days, according to the standard principles of technical analysis. 

The Aussie share market fell 0.64% (Mon-Thu), as investor sentiment was dampened by the RBA's unexpected 25-basis point rate hike announcement on Tuesday, with warning of further hikes to come if inflation does not move toward the 2-3% target range.In this week's wrap, Sophia covers:(0:11) What's happening in the energy sector(1:22) Concerns for manufacturers with energy transitions(1:57) The surge in gas prices(2:47) Best performing stocks in the ASX200(3:31) The most traded stocks & ETFs by Bell Direct clients(4:04) Three economic news items to watch out for

The Federal Reserve has announced a further 25 basis point rate hike, and although this was widely expected, the US stock market declined with all three major benchmarks closing around 1.6% lower. The Fed also acknowledged turmoil in the banking sector could slow the already fragile economy, which share US bank shares slide. What to watch today:The SPI futures are suggesting that our local market will drop 0.74% at the open this morning, following Wall Street's lead. In commodities: The oil price continues to regain last week's losses, after data out from the US Energy Information Administration showed a surprise build in US crude stocks and large draws in other fuels like gasoline. Also, the US oil benchmark is 5% higher this week, as the Treasury Secretary Janet Yellen said the government would be willing to take further action to protect deposits. Watch ASX energy shares today. The price of gold over 1.5% higher and is heading toward a one-year high, as investors weighed on the Fed's dovish tone in its policy decision. This may see gold miners rise, such as Regis Resources (ASX:RRL), Newcrest Mining (ASX:NCM), Northern Star Resources (ASX:NST) or Evolution Mining (ASX:EVN). Iron ore has dropped more than 1%, extending the retreat from the nine-month high hit last week, amid increased control of speculatory prices and curbs for major steel producers.   Watch the share price movements of Brickworks (ASX:BKW) which is set to release an earnings report today. Trading Ideas:Bell Potter maintains a Buy rating on EROAD (ASX:ERD) with modest downgrades to their forecasts post the company's guidance u[date provided late last month and their investor day held this week. Bell Potter have decreased their price target, down 32% to $1.50, after updating each valuation used in the determination of their price target for the forecast changes, as well as market movements and time creep. The $1.50 target is still an over 100% premium to the current share price of $0.64. Trading Central have identified a bullish signal in AGL Energy (ASX:AGL), indicating that the stock price may rise from the close of $7.07 to the range of $7.30 to $7.36 over 22 days, according to the standard principles of technical analysis. 

Looking at global markets, the energy sector is underperforming: it's been the worst performing sector month-to-date in all regions. Weakness in energy equities has coincided with that of energy commodities: all members of the petroleum complex, are down year-to-date, as well as Natural Gas down 41% so far in 2023. Information technology on the other hand, has outperformed everywhere, in particular, the sector's lead the most pronounced in Canada, where information tech has outperformed their S&P TSX Composite by more than 5% so far this month. Overnight, all three US benchmarks closed lower. The Dow closed down 0.1%, making up some ground after losing more than 240 points earlier in the session. The S&P500 down 0.6% and the Nasdaq down 1%. US Treasury yields rose on bets the Federal Reserve has more room to lift rates. The yield on the US 10-year note surged 10 basis points to 3.63%. Markets in Europe also fell. The STOXX 600 closed 0.8% lower with all sectors but healthcare and utilities trading in the red. What to watch today:The SPI futures are suggesting that our local market will open 0.11% lower this morning, after US stocks extended losses. Investors are awaiting the policy decision by the Reserve Bank. It is widely expected that the RBA will lift the cash rate a further 25 basis points and that announcement is scheduled for 2:30pm AEDT today. Also, in economic news, Australia's Balance of Trade data for December will be out at 11:30am. The last announcement was in November, when Australia saw its largest trade surplus since June.  Company earnings to watch out for today: Cettire (ASX:CTT) and Transurban Group (ASX:TCL) will release their half-year results, while Macquarie (ASX:MQG) is set to release their quarterly report. In commodities: Oil prices are trading 1.6% higher at US$74.55 per barrel. And China's economy may be looking at a stronger-than-anticipated rebound that will boost demand for crude. Gold is steady, hovering near its lowest level in a month, amid a general US dollar strength, as stronger-than-expected US jobs data suggested the Fed has more room to hike interest rates. Iron ore is up 1% at US$126.50 per tonne. Trading Ideas:Bell Potter maintain a Buy rating on Adrad Holdings (ASX:AHL) and it's well worth a look at the current share price. The company is profitable, it just reiterated guidance, they have a strong cash position and FY23 PE ratio of less than 10 times. The downside however is that the CEO has announced intention to resign, the earnings outlook this year is flat and liquidity is low. However, Bell Potter haven't changed to their forecasts. They forecast FY23 revenue and EBITDA of $137.9 million and $16.6 million, consistent with the guidance. They have lowered their price target by 6% to $1.60 and at AHL's current share price of $1.05, this implies 51.7% share price growth in a year. And lastly, Trading Central have identified a bearish signal in Northern Star Resources (ASX:NST) indicating that the stock price may fall from the close of $12.58 to the range of $11.65 to $11.85 over 24 days according to the standard principles of technical analysis. 

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.

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.

The ASX started the week in negative territory, closing Monday's session down 0.45% as investors sharply sold off gold and metals and mining stocks. Investor sentiment has been extremely volatile over the last few weeks amid China's easing of some COVID restrictions, surprisingly upbeat economic data out of the US and local economic data released that has moved markets especially on the GDP front.Troubled fintech company Tyro Payments (ASX:TYR) tanked more than 18% today after confirming its separate takeover talks with Potentia Capital and Westpac Banking Corporation have both concluded, as the discussions have not resulted in offers the board feels fairly value Tyro. Origin Energy (ASX:ORG) shares were also sharply sold-off today as investors responded to Prime Minister Anthony Albanese's plan to place a price cap on domestic coal and gas sales.Gold miners had a tough start to the week as the price of the precious commodity is trading more than half a percent lower around US$1,787 per ounce. Newcrest Mining (ASX:NCM) fell over 3%, Evolution Mining (ASX:EVN) lost 3.8% and Perseus Mining (ASX:PRU) ended the day down more than 4%.The winning stocks today were led by BrainChip Holdings (ASX:BRN) jumping 9.38% despite no price sensitive news out of the AI software and hardware technology company today. Megaport (ASX:MP1) and Woodside Energy (ASX:WDS) each also added over 4% and 3.5% respectively today. And on the losing end, Nanosonics (ASX:NAN) tanked 9.92%, Origin Energy (ASX:ORG) fell 7.82% and Silver Lake Resources (ASX:SLR) lost 7.52%.The most traded stocks by Bell Direct clients today were Warrego Energy (ASX:WGO), Northern Star Resources (ASX:NST), and the BetaShares Australian High Interest Cash ETF (ASX:AAA).On the commodities front, the price of oil has rebounded as the Keystone pipeline, a key pipeline in North America which links fields in Canada to refiners on the US Gulf Coast, remains shut, on top of easing COVID restrictions in China boosting demand outlook for oil. Crude oil is up almost 1% at US$71.75 per barrel, natural gas is up 10.31% at US$6.89 per MMBtu, coal is up 1.77% at US$402.50 per tonne, uranium is up 0.41% at US$48.70 per pound and iron ore is up 1.36% at US$111.50 per tonne.The Aussie dollar has weakened to buy 67.79 US cents, 92.80 Japanese Yen, 55.46 British Pence and NZ$1.06.After the Closing Bell Britain's trade balance data for October and GDP for October are both released.

The local market started the week in positive territory, closing Monday's session up 0.6% driven by a surge in materials stocks amid a broad surge in commodity prices including iron ore jumping 4.71% to US$89 per tonne. Oil prices rallied in early trade before sharply declining after China indicated a relaxation of its COVID zero goal is not being considered yet. Crude oil fell 1.4% to US$91.31 per barrel, while brent crude dropped 1.17% to US$97.42 per barrel. Medibank Private (ASX:MPL) confirmed today it will not pay the ransom asked to protect the stolen data of 9.7 million current and former customers, and the insurer also warned customers they may get a call from criminals or see their leaked data online. Investors punished Westpac (ASX:WBC) today after the big bank released FY22 results including a decline in full-year cash profit to $5.276 billion and a fall in earnings across its consumer and business divisions compared to the prior financial year. The big bank's chief executive also warned Aussies will be impacted by higher rates including when borrowers' low fixed-rate loans are rolled over. Coronado Global Resources (ASX:CRN) shares plunged today after the leading global producer of high-quality metallurgical coal announced its potential $9 billion+ merger discussions with Peabody Energy Corporation have ended. The winning stocks for today's session were Capricorn Metals (ASX:CMM), which added 10% after the company reported a major Mineral Resource Estimate boost at its Mt Gibson Gold Project in WA. Evolution Mining (ASX:EVN) added just under 7% today and West African Resources (ASX:WAF) rallied 6.93%. On the losing end, Coronado Global Resources (ASX:CRN) lost over 7% today, WiseTech Global (ASX:WTC) fell almost 6% and Altium (ASX:ALU) shed almost 4.5%. The most traded stocks by Bell Direct clients today were Woodside Energy (ASX:WDS), Northern Star Resources (ASX:NST) and Syrah Resources (ASX:SRY). In economic data out today, China's trade balance data for October was released showing exports for the month dropped 0.3% from the year earlier, while imports fell 0.7%, with both missing market expectations. For the month, China's trade surplus fell to US$85.15 billion, while the market was expecting the trade surplus to hit US$95.95bn. The Australian dollar has slightly weakened today to buy 64.08 US cents, 57.01 British Pence, 94.64 Japanese Yen, and 1 New Zealand dollar and 9 cents.

The market wasn't too fazed by the RBA's 25 basis point rate hike yesterday, as the ASX rallied 1.65% higher. All industry sectors closed with gains, with Materials, utilities and real estate in the lead. Biotech company Imugene (ASX:IMU) was the best performing stock following a clinical trial update, with IMU gaining 11.4% by the close of trade. Nickel Industries (ASX:NIC), United Malt Group (ASX:UMG) and GrainCorp (ASX:GNC) also closed higher. The most traded stocks by Bell Direct clients yesterday were Commonwealth Bank (ASX:CBA), Northern Star Resources (ASX:NST) and Telstra (ASX:TLS). US equities closed in the red overnight, as investors await the Federal Reserve's meeting on Thursday. The Dow Jones closed 0.2% lower, the S&P500 down 0.4% and the Nasdaq down 0.9%. What to watch today:The futures are suggesting the Australian market will open flat this morning, as investors wait for the Fed's decision tomorrow morning. In commodities, the price of oil has rebounded and is currently trading 2.2% higher as a sharp depreciation of the US dollar and tight global supplies sparked some dip-buying. Gold is trading 0.9% higher as bond yields retreated, while iron ore has fallen 2.4% extending its decline and hitting its lowest level since April 2020. Watch the following stocks share price movements today, as these companies are set to release some announcements. Amcor (ASX:AMC) will release its quarterly earnings today and Goodman Group (ASX:GMG) will also deliver a quarterly report. Domino's Pizza (ASX:DMP) is set to hold its AGM today. Event Hospitality and Entertainment (ASX:EVT) is set to go ex-dividend today, so this may see its share price fall as investors take their profits. Trading Ideas:Bell Potter maintain a Speculative Buy rating on Cluey (ASX:CLU) following the release of the company's quarterly update, with group key metrics broadly in-line with Bell Potter's expectations. They have lowered their 12-month valuation from $1.10 to $0.90, and at CLU's current share price of $0.50, this implies 78.2% share price growth in a year. And Trading Central have identified a bullish signal in Qantas (ASX:QAN) indicating that the stock price may rise from the close of $6.00 to the range of $6.75 to $6.90 over 9 days, according to the standard principles of technical analysis. 

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.

The US market was closed overnight for the labour day national holiday, but across the sea in Europe, markets closed lower as investors questioned economic risks in the region, reignited by concerns about the energy supply from Russia.What to watch today:Despite the negative session in Europe, the SPI futures are suggesting that the ASX200 will open 0.2% higher.The big focus today is the RBA's September cash rate decision, where it's widely expected the central bank will increase rates for the fifth consecutive month. Consensus is expecting another 50 basis point hike, which would take the official cash rate from 1.85% to 2.35%. So stay tuned for the announcement at 2:30pm AEST.In commodities:Oil prices jumped, extending gains as it was confirmed that OPEC will cut production targets by about 100,000 barrels per day from October.The gold price traded flat at US$1,709 an ounce, as investors remained cautious of the US Federal Reserve's rate hike path following a mixed jobs data report. The report showed that US employers hired more workers than expected in August, but moderate wage growth and a rise in the unemployment rate suggest that the labor market is starting to loosen.The spot iron ore price traded 1% lower to US$98 a tonne.There are nearly 30 stocks going ex-dividend today, including BlueScope Steel (ASX:BSL), CSL (ASX:CSL), Nickel Industries (ASX:NIC), Northern Star Resources (ASX:NST) and Origin Energy (ASX:ORG). So, we may see the share prices of these stocks decline today as investors take their profits.If you hold Magellan Financial Group (ASX:MFG), Bell Financial Group (ASX:BFG) or GWA Group (ASX:GWA) you will receive your dividend payment today. Trading Ideas:Goldman Sachs has retained its Neutral rating on Telstra (ASX:TLS) with a price target of $4.40. Goldman Sachs has been reviewing the telco giant and hasn't seen enough yet to upgrade its shares. At its current share price of $3.89, Goldman Sach's price target of $4.40 implies about 13% share price growth in a year.Trading Central has a bearish signal on The Reject Shop (ASX:TRS) indicating that the stock price may fall from its close of $4.20 to the range of $3.67 - $ 3.77 in the next 33 days according to standard principals of technical analysis.  

The local market closed lower on Friday but gained 0.2% for the week to notch out a fourth straight week of gains. The energy sector defied the broader market sell-off on Friday, boosted by an almost 4% rise for Woodside Energy Group (ASX:WDS).New Hope Corporation (ASX:NHC) and Beach Energy (ASX:BPT) also jumped more than 3% on Friday as investors piled into energy stocks amid rising energy prices. On the energy front, we will be keeping an eye on the sector this coming week following the passing of the Inflation Reduction Act in the US House over the weekend which includes US$369bn for energy security. On the losing front from Friday's session, Lake Resources fell almost 13.5%, as some investors took profit from the company's surge of 73% earlier in the week, while Novonix and Telix Pharmaceuticals also lost more than 8% and 7% respectively.The most traded stocks by Bell Direct clients last week were Lake Resources (ASX:LKE), Core Lithium (ASX:CXO) and Orora (ASX:ORA).All three key US market indices closed higher on Friday as investor beliefs that inflation may have reached its peak were strengthened on Thursday with inflation data coming in below analysts' expectations. Consumer discretionary stocks led the charge in the US on Friday with the sector adding more than 2.3% while technology stocks were pushed higher by Meta jumping over 1% on reports of a new delivery partnership with DoorDash. The market rally extended into Europe on Friday with the Stoxx, FTSE and DAX each closing in the green as investors digested an array of economic data released including the UK economy contracting in the second quarter of 2022 as the country's cost of living crisis worsened.What to watch today:Following a strong session for the US to close out last week, the Australian market is set to open higher this morning.Reporting season remains the key focus of trading this week with Beach Energy (ASX:BPT), Bendigo and Adelaide Bank (ASX:BEN), Bluescope Steel (ASX:BSL), G.U.D Holdings (ASX:GUD), GPT Group (ASX:GPT) and tech giant JB Hi-Fi (ASX:JBH) releasing results today.Taking a look at the commodities, crude oil continues to decline from highs back in March on the back of OPEC lowering its demand forecast for the year ahead amid growing signs that a slowdown in global economic growth will curb oil demand. Iron ore is down almost half a percent, and natural gas prices have pulled back from a high on Friday, but gold is trading just under 1% higher.This week, we will be keeping a close eye on several economic data releases including the RBA's meeting minutes for August, Australia's Wage Price Index, US retail sales and Australia's unemployment rate later in the week.Trading Ideas:Trading Central have identified a bearish signal on Northern Star Resources (ASX:NST) through a ‘Continuation Wedge' chart pattern forming, indicating the stock price may fall from the close range of $8.26 to $6.60-$6.90. The pattern formed over a 17-day period which is roughly the period of time in which the target price range may be achieved, according to standard principles of technical analysis.Trading Central has also identified a bullish signal on Clean Seas Seafood (ASX:CSS) on the basis of a ‘bottom triangle' chart pattern forming over 33-days, indicating the stock price may rise from the close of 60 cents per share to between 73 – 77 cents per share. The chart pattern forming over 33-days is roughly the period of time in which the target price range may be achieved, according to standard principles of technical analysis.

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.

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.

Our local market closed started the new trading week and final week of the financial year with a solid gain of 1.9%, supported by a strong rebound in bank stocks. All eleven industry sectors posted gains, with the financials, energy, tech, and consumer discretionary sectors all gaining more than 2%. Imugene (ASX:IMU) jumped a massive 46% after the company reported positive survival rates amongst advanced gastric cancer patients treated with HER-Vaxx. Also performing well were lithium stocks like Core Lithium (ASX:CXO), Liontown Resources (ASX:LTR), Lake Resources (ASX:LKE) and Allkem (ASX:AKE). While the worst performers yesterday included Evolution Mining (ASX:EVN), Northern Star Resources (ASX:NST) and Ramelius Resources (ASX:RMS).The most traded stocks by Bell Direct clients yesterday were Sims (ASX:SGM), Woolworths (ASX:WOW) and CSL (ASX:CSL). In the US, all three benchmarks started the new trading week in the red, with tech and consumer names coming under pressure, while the energy sector managed to gain 2.8%.   What to watch today:Following the negative session in the US, our local market is set to open slightly lower this morning if you go by the SPI futures.KFC owner, Collins Foods (ASX:CKF) is set to release its full year results for 2022 today. No guidance has been given, but the market will be looking for further growth after its positive first-half report.  In commodities, oil prices traded higher on the prospect of even tighter supplies, as the Group of Seven nations examine a new package of actions aimed at increasing pressure on Russia over its war in Ukraine. The gold price fell on a weaker dollar as recession fears continue. The nickel price took a hit, dropping 6.8% and the spot iron price is trading lower at US$116 a tonne.  If you hold Champion Iron (ASX:CIA) or GQG Partners (ASX:GQG), you will receive your dividend payment today.Bindi Metals will be debuting on the ASX today. It will be trading under the ticker code BIM.Trading Ideas:Citi have upgraded its rating on Iluka Resources (ASX:ILU) from a Sell to a Buy and have maintained its price target at $10.25. The upgrade is due to its share price correction and Citi's view that China's property starts are now near their low. At its current share price of $9.25, this implies 13.5% share price growth in a year.Trading Central has a bullish signal on Aristocrat Leisure (ASX:ALL) indicating that the stock price may rise from the close of $34.80 to the range of $39.75 - $40.75 in the next 43 days according to standard principals of technical analysis.  

Yesterday, the Aussie share market started the new trading week in the red, dipping 0.5% lower to 7,206 points.The majority of the industry sectors posted losses, with the tech sector the biggest drag, falling 1.6%. While the energy sector posted a decent gain after Saudi Arabia raised oil prices substantially. Looking at the best and worst performers, gambling company, Tabcorp (ASX:TAH) advanced the most, after the state of Queensland announced tax reforms that are expected to boost revenues. Graincorp (ASX:GNC) also performed well, following the release of a positive broker note out of Macquarie. Its analysts retained their outperform rating and $11.10 price target. Meanwhile, the worst performer yesterday was Magellan Financial Group (ASX:MFG). MFG's share price tumbled nearly 14% after its funds under management fell 5.2% to $65 billion in May. The most traded stocks by Bell Direct clients yesterday were Lake Resources (ASX:LKE), Whitehaven Coal (ASX:WHC) and Fortescue Metals (ASX:FMG). Moving to the US, all three benchmarks managed to close higher, with the Nasdaq advancing the most, up 0.4%. It was a choppy day of trade, with the market navigating a jump in Treasury yields.What to watch today:Our local market is set to fall slightly this morning if you go by the SPI futures. The futures are suggesting a small drop of 0.07% at the open.In economic news, the RBA, Australia's central bank is all but certain to lift interest rates for the second month in the row. The cash rate currently sits at 35 basis points, with economists expecting a hike of 40 to 50 basis points. While Governor Phillip Lowe has previously voiced support for more conventional 25 basis point increases. So, keep watch today at 2:30pm AEST. Moving to commodities, the oil price topped US$120 a barrel as Saudi Arabia raised its July crude prices. The gold price dipped on a stronger dollar and Treasury yields. The seaborne iron ore price is trading 0.6% higher at US$145 a tonne. Lastly, if you hold Perpetual Credit Income Trust (ASX:PCI), you will receive your dividend today.  Trading Ideas:Citi have maintained its Buy rating on cloud tech company, Megaport (ASX:MP1), however have reduced its price target from $16.60 to $12.30, to reflect higher cost of capital and earnings downgrades. While the reduction in Megaport Virtual Edge (MVE) pricing could suggest softer demand, Citi sees the new bandwidth options as positive as high IP transit costs were a barrier for MVE adoption in Australia and New Zealand. At its current share price of $6.30, this implies 95% share price growth in a year.Trading Central has a bearish signal on Northern Star Resources (ASX:NST) indicating that the stock price may fall from the close of $8.58 to the range of $5.10 - $5.80 in the next 152 days according to standard principals of technical analysis.  

Der Goldpreis feiert ein Comeback. Das Edelmetall verbuchte gestern den besten Tag seit rund zwei Monaten. Die fallenden Renditen der US-Staatsanleihen gaben dem Goldpreis genauso Rückenwind wie ein schwächerer US-Dollar.

Yesterday, the Aussie share market started the new trading week extending its losses from the previous trading session. The benchmark S&P/ASX200 index slipped 1.2%, reaching its lowest level since mid-March. It comes as China intensifies its zero-COVID policy, which in turn has deepened the supply chain crisis. Looking at the sector performances, the market was broadly sold off, with both the real estate and tech sectors posting the biggest losses. The energy, consumer staples and healthcare sectors did however manage to all close slightly higher.The best performer yesterday was once again medical device company, PolyNovo (ASX:PNV), in part due to its directors toping up on PNV shares, however it also seems investors are taking advantage of its share price weakness to purchase more shares. Meanwhile, the worst performers included NOVONIX (ASX:NVX), Imugene (ASX:IMU) and Magellan Financial Group (ASX:MFG). Investors are continuing to sell Imugene shares, following the termination of its supply agreement with Merck. The most traded stocks by Bell Direct clients yesterday included Fortescue Metals Group (ASX:FMG), ANZ (ASX:ANZ) and Macquarie Group (ASX:MQG).In the US, the sell-off continued with all three benchmarks coming under pressure. The Dow Jones fell more than 600 points, the S&P500 down 3.2% and the Nasdaq slipped 4.3%. All sectors were in the red, apart from the consumer staples sector. Amid the losses, the benchmark 10-year Treasury yield hit its highest level since late 2018, trading well above 3%, which continued to crush tech names like Meta, Alphabet, Netflix, and Apple.What to watch today:If you go by the SPI futures, the market is set to open 1.39% lower.Reporting wise, capital market business, Pendal Group (ASX:PDL) will be releasing its half-year results today. Economic news wise, business confidence for April will be announced today. Business confidence currently stands at a five-month high of 16 points, however April's reading is forecasted to fall to 12 points.Moving to commodities, the oil price tumbled around 6% as China's lockdowns weigh on demand outlook. The gold price extended its decline to fall more than 1% on Monday, as the US dollar pushed to near two-decade highs. And the spot iron ore price has fallen about 4%, trading at $US136 a tonne.Private toll road developer, Atlas Arteria (ASX:ALX) is holding its AGM today.Trading Ideas:Citi have maintained its Buy rating on Domino's Pizza (ASX:DMP) with a price target of $108.42. At its current share price $67.60, this implies about 60% share price growth in a year. Trading Central has a bearish signal on Northern Star Resources (ASX:NST) indicating that the stock price may fall from the close of $9.06 to the range of $7.10 - $7.50 in the next 35 days according to standard principals of technical analysis.  

Yesterday, the local market yesterday was trading in negative territory, ignoring the positive lead from Wall Street and closing with a loss of 2% or 155 points.There is a lot of focus recently on the impact that the lockdowns in China will have on the demand outlook of commodities, which weighed down on the market. The materials sector suffered the greatest loss, shedding more than 5%, following a decline in commodity prices. A drop in oil prices also saw energy shares also suffer heavy losses, with the sector closing 4% lower. And all 11 industry sectors closed in the red. Mining shares accounted for most of the worst performers, however the stock that declined the most was EML Payments (ASX:EML), which dropped 38.6% after cutting its EBITDA guidance by 8%, revenue guidance by 4% and profit guidance by 6.6%. Meanwhile, stocks that managed to post gains included Virgin Money (ASX:VUK), Block (ASX:SQ2) and Nufarm (ASX:NUF). The most traded stocks by Bell Direct clients yesterday included BHP Group (ASX:BHP), the Vanguard Australian Shares ETF (ASX:VAS), Lake Resources (ASX:LKE), Bank of Queensland (ASX:BOQ) and Northern Star Resources (ASX:NST).There was broad selling in New York, with 10 of the 11 S&P500 industry sectors closing lower, while higher oil prices lifted energy shares. A big tech-sell off saw the Nasdaq hit a fresh 52- week low, closing 4% lower and retreating further into bear market territory. The Dow Jones closed 2.4% lower and the S&P500 closed 2.8% lower.What to watch today:The Australian share market is set to extend losses. The SPI futures are suggesting a sharp drop of 1.47% or 107 points at the open this morning.In economic data, today we'll receive a key update on inflation. The inflation rate will be released at 11:30am AEST, and this rate measures the change in prices of goods and services for consumers. So, this will give us an indication of consumer price pressures and will also determine expectations for rate rises. Inflation is expected to lift above the RBA's 2-3% target range for the first time since 2010, which is the last time rates rose. In commodities, oil prices have lifted as China's central bank pledged to increase support for their economy. Iron ore prices are in the red, while gold is trading higher, following a slight pullback in the US dollar and lower Treasury yields. Trading Ideas:Bell Potter maintain their Buy rating on Mineral Resources (ASX:MIN) with a $70 price target. Mineral Resources last closed at $54.67, implying 28% share price growth in a year. Trading Central have identified a bullish signal in AUB Group (ASX:AUB), indicating that the stock price may rise from the close of $22.90 to the range of $24.70 - $25.10 over 16 days, according to the standard principles of technical analysis. 

Stocks rallied in yesterday's session, with energy and materials pulling the market higher. The ASX200 closed 0.6% higher amid strong commodity prices, including the price of iron ore, with hopes of additional stimulus from China, a top importer, now that China is seeing risks of an economic slowdown following its COVID-19 lockdowns. The big miners and energy stocks gained yesterday, rising higher with the increase in oil prices, as outages in Libya deepened concern over tight global supply. Financials were up 0.9%, with the major four banks all in the green. Gold stocks also aided sentiment, extending gains into a seventh session. The top performing stock yesterday was biotech company Imugene (ASX:IMU), followed by Cleanaway Waste Management (ASX:CWY), which hit a new 52-week high yesterday. The most traded stocks by Bell Direct clients yesterday were the Bank of Queensland (ASX:BOQ), Macquarie Group (ASX:MQG), Core Lithium (ASX:CXO) and BHP Group (ASX:BHP). European stocks closed lower on Tuesday as investors' attention was focused on the latest developments in the Russia-Ukraine war. US equities closed higher, with all three major benchmarks in the green. The Dow closed 1.5% higher or up almost 500 points, the S&P500 rose 1.6%, and tech rallied with the Nasdaq closing 2.2% higher. However, this morning the Nasdaq futures for today have fallen, after Netflix shares dropped 25% in extended trading after disappointing results, reporting a loss of 200,000 subscribers in the first quarter. What to watch today:The Aussie share market is set to rise 0.62% at the open, according to the SPI futures. Keep watch of Rio Tinto (ASX:RIO) and Beach Energy (ASX:BPT). Both companies will release their quarterly production reports today. Watch Ramsay Health Care (ASX:RHC), as the private hospital operator has received a takeover approach from private equity company KKR. It's a non-binding offer of $88 per share to acquire the company, so this bid is at a 37% premium to where RHC shares last traded, and it values the company at over $20 billion. In commodities, oil has dropped overnight, trading almost 6% lower at around US$102 per barrel, ending a four-day winning streak, following concerns of falling demand despite the tight supply. So watch energy stocks today. The price of gold also dropped overnight, as a strong US dollar and soaring treasury yields have worried investors. So gold miners may come under pressure today, including stocks such as Evolution Mining and Northern Star Resources. Meanwhile the iron ore price is flat. Trading Ideas:Bell Potter maintain its Buy rating on Life360 (ASX:360), a market leading app for families. Their price target remains unchanged at $10. 360 last closed at $5.37, implying 86.2% share price growth in a year. Trading Central have identified a bullish signal in QBE Insurance (ASX:QBE), indicating that the stock price may rise from the close of $12.26 to the range of $13.80 to $14.20, over 29 days, according to the standards principles of technical analysis. 

On Wednesday, Australian shares rose to a two-month high, as tech shares gained 3.5%, following the US tech rally. The local tech sector was led by Afterpay's parent company Block (ASX:SQ2), which rose to its highest closing price since the company officially listed on the ASX in January, at $188.10. Financials closed at the sector's highest level since mid-November. Major banks, NAB, CBA, Westpac and ANZ all closed with solid gains, which may partly reflect comments on the increase in interest rates by US Federal Reserve Chairman Jerome Powell. Morgan Stanley has said that ANZ and NAB could announced a $1 billion and $2 billion buyback, respectively, in May, while CBA may launch another share buyback, with an additional $2 billion, if it goes ahead with plans to sell its 10% stake in the Chinese Bank, the Bank of Hangzhou. Looking at the ASX200 leaderboard shares in Uniti Group (ASX:UWL) led among blue chips. UWL surged 10.7% before entering into a trading halt in afternoon trade. This followed news of a $5 a share bid for Uniti, made by Macquarie Asset Management and PSP Investments. This new proposal beats the current offer on the table from Morrison & Co by approximately 11%. Meanwhile Fisher & Paykel Healthcare (ASX:FPH) fell 8%, after the company announced it expects a decline in its sales guidance for FY22 and also warned that freight costs are weighing on margins. The most traded stocks by Bell Direct clients yesterday included Lake Resources (ASX:LKE), Northern Star Resources (ASX:NST) and the Australian Foundation Investment (ASX:AFI). US equities closed in the red, with all three major benchmarks lower. The Dow was down 1.3%, the S&P500 down 1.2% and the Nasdaq down 1.3%.   What to watch today:Following the broad sell-off in New York overnight, the SPI futures are suggesting the ASX200 will fall 0.73% at the open this morning. In commodities, the oil price rallied, trading at US$114 per barrel, after Russia announced that a storm in the Black Sea had damaged one of the world's largest oil pipelines, which has disrupted exports from Russia and Kazakhstan. The gold price is also higher, however remains under pressure as the Fed calls for an aggressive monetary tightening to combat inflation. Iron ore is lower, moving away from the 7-month high hit earlier this month, following demand concerns with the resurgence of COVID-19 cases in China. Companies that are set to go ex-dividend today include Cash Converters (ASX:CCV), Healius (ASX:HLS) and Spark New Zealand (ASX:SPK).  Trading Ideas:Bell Potter maintain their BUY rating on Uniti Group (ASX:UWL) and have increased their price target from $4.50 to $5. This price target is a premium to the office price of $4.50 by Morrison & Co, in the bidding war for Uniti. Trading Central have identified a bullish signal in Ioneer (ASX:INR) indicating that the price may rise from the close of $0.58 to the range of $0.69-$0.71, over 19 days, according to the standard principles of technical analysis. 

The local market started the new trading week with a small loss of 0.2%, breaking its three-day winning streak from last week. Sectors wise, the market was mixed, with the industrials and healthcare sectors declining the most, both falling over 1%, while the tech sector managed to post a gain of 2.5%. Block (ASX:SQ2) was the session's best performer, lifting a massive 9.2%, following another strong session for the company's US listed shares. Family safety app, Life360 (ASX:360) also performed well, gaining 6.4% and EML Payments (ASX:EML) jumped 6.1%. On the flipside, Western Australian gold explorer, De Grey Mining (ASX:DEG) led the losses, down 7.7%, and Magellan Financial Group (ASX:MFG) also fell after its co-founder Hamish Douglass resigned as an independent director, more than a month after he took medical leave. The most traded stocks by Bell Direct clients yesterday included Core Lithium (ASX:CXO), REA Group (ASX:REA) and Northern Star Resources (ASX:NST).As at the time of recording, all three US benchmarks are in the red, and this follows Federal Reserve Chair Jerome Powell stating that inflation is too high and his commitment to taking the “necessary steps” to bring prices under control. Separately, Boeing has fallen more than 3% after a China Eastern Airlines Boeing 737 passenger plane crashed.What to watch today:The futures as at 7am AEDT, are suggesting that the Aussie share market is set to open 1.1% higher this morning.  In commodities, the oil price has jumped more than 7% after European nations considered joining the US in a Russian oil embargo. The WTI crude oil price is currently trading at US$112 a barrel.The gold price is trading higher following further escalations in Ukraine, which have boosted the safe-haven's demand. The nickel price is down nearly 12%. Russia is the world's third-largest nickel producer, and the current Russia/Ukraine war has sparked supply fears. The spot iron ore price is currently trading 2.5% higher at US$145 a tonne.Toll road operator, Atlas Arteria (ASX:ALX), Emeco Holdings (ASX:EHL) and health supplements company, Blackmores (ASX:BKL) are set to go ex-dividend today. Trading Ideas:Bell Potter have maintained its BUY rating on Technology One (ASX:TNE) with a price target of $14 (previously $15). TNE closed about 1% lower yesterday to $11.11, which implies about 26% share price growth in a year. Trading Central has a bullish signal on Galan Lithium (ASX:GLN), indicating that the stock price may rise from the close of $1.54 to the range of $1.75 - $1.81 in the next 21 days according to standard principals of technical analysis. 

Yesterday, the local market had its worst day of the month, however energy and materials remained strong, boosted by discussions by the US to ban Russian oil imports into the US.  As commodities continue to rise, oil and gas producer Woodside Petroleum (ASX:WPL) was up 9.5%, and strong gains were made by gold miners Northern Star Resources (ASX:NST), Ramelius Resources (ASX:RMS) and Gold Road Resources (ASX:GOR). Copper miner IGO (ASX:IGO) and other large mining stocks also lead the ASX200. The most traded stocks by Bell Direct clients included Lake Resources (ASX:LKE), Woodside Petroleum (ASX:WPL) and 29Metals (ASX:29M). US shares tumbled overnight, amid concerns of higher energy prices stemming from the Russia-Ukraine conflict, as well as inflation concerns. The Dow lost almost 800 points, down 2.4%, the S&P500 down 3%, while the Nasdaq fell 3.6%, now sitting in bear market territory.What to watch today:Following US equities, the Australia market is set to open flat this morning. In commodities, the oil price surged to near US$130 a barrel, now trading at US$119. Gold has also jumped, topping $2,000 per ounce for the first time since August 2020. Gold is seen as a safe-haven metal and therefore demand for gold has risen. Seaborne iron ore is also higher. And wheat has jumped as well. Ukraine is responsible for more than 25% of the world's wheat exports, which will be severely disrupted this year. In economic news, the NAB Business Confidence index will be released today 11:30am AEDT. The index bounced to 3 in January this year, from December's low of -12. February's figure is expected to fall to 1. There are several companies going ex-dividend today also, including Iluka Resources (ASX:ILU), Lovisa (ASX:LOV), Mader Group (ASX:MAD) and Sonic Healthcare (ASX:SHL).Trading Ideas:Bell Potter maintain their BUY rating on Flight Centre (ASX:FLT), retaining a positive view on the stocks outlook and competitive position as global travel recovers. Bell Potter have upped their target price from $20 to $20.50. The stock last closed at $17.05, implying 20.2% share price growth in a year. Trading Central have identified a bullish signal in Cobalt Blue Holdings (ASX:COB), indicating that the price may rise from the close of $0.65 to the range of $0.82 to $0.88, over 34 days.

Yesterday, the Aussie share market managed to claw back some of its losses from Friday, gaining 0.37%. Leading the gains were oil and gold stocks, following escalating fears of a Russian invasion of Ukraine. Looking at the sector performances, only six out of 11 sectors closed higher. The energy sector gained the most, up over 3%, while the healthcare sector declined 1.4%.  Gold miners dominated the leaderboard, including Regis Resources (ASX:RRL), Evolution Mining (ASX:EVN), and Northern Star Resources (ASX:NST). The best performing stock on the ASX200 was Beach Energy (ASX:BPT), up an impressive 9.4%, after the company reported a solid first-half result, which included a 26% increase in EBITDA to $513 million. Meanwhile, the worst performing stocks were NOVONIX (ASX:NVX), Imugene (ASX:IMU) and Liontown Resources (ASX:LTR), all falling over 7%. The most traded stock by Bell Direct clients yesterday was JB Hi-Fi (ASX:JBH). The company released strong half-results yesterday, and announced a $250m share buyback, which sent its share price up 5.4%. Bell Potter maintain their HOLD rating on the stock but have increased its price target to $51.85, from $49.60.In the US, all three benchmarks closed lower, as investors evaluate concerns about the Fed's next plan for interest rate hikes, as well as the tensions between Russia and Ukraine. And earnings results are expected to ramp up again this week, with Nvidia, Walmart, Shopify and more scheduled to report.Following the negative session on Wall Street, the futures are suggesting the Aussie share market will open 0.9% lower this morning. What to watch today:In economic news, the RBA will release its meeting minutes for February. The RBA is currently relatively dovish on rate hikes as local inflation is not as out of control as in the other major economies. Reporting season: It's a big week of results and today, the biggest company on the ASX, BHP Group (ASX:BHP) will release its half-year results. Stay tuned for our separate video where we'll take you through the highlights. Some other companies reporting today include Ansell (ASX:ANN), Dexus (ASX:DXS), Sims (ASX:SGM), Adore Beauty (ASX:ABY), Elmo Software (ASX:ELO) and Seek (ASX:SEK).Computershare (ASX:CPU) is set to go ex-dividend today. In commodities, the oil price hit 7-year highs, boosted by Russia and Ukraine's tensions. The oil price is currently trading at about US$95 a barrel. And in a similar tale, the gold price also gained and is trading about 0.6% higher to US$1,872 an ounce. The lithium, palladium and silver price are all trading higher, while the seaborne iron ore price is trading 0.5% lower to US$150 a tonne. Trading Ideas:Bell Potter have maintained its BUY recommendation on Mineral Resources (ASX:MIN) and have increased its price target by a modest 20% to $61.35. Bell Potter believe MIN's recent financial results were significantly impacted by the large decline in realised iron ore prices, however highlighted that the business made strong progress in the quarter towards its strategic goals, including expanding its iron ore export capacity, evolving its iron ore business to a low-cost base that will make it resilient to low iron ore price environments, and lastly, MIN's ability to capture the downstream margins in its lithium business. As for other broker's ratings on MIN, Macquarie have an Outperform rating with a $70 price target, while Ord Minnett have a SELL rating and $45 price target. Trading Central has a bullish signal on Westgold Resources (ASX:WGX). This signal indicates that the stock price may rise from the close of $2.03 to the range of $2.29 -$2.35 in the next 40 days, according to standard principles of technical analysis. 

The Aussie share market took a dive this week, falling 4.7% (Mon-Thu), amid rising inflation, the global spread of the Omicron variant, and the risk that Russia will invade Ukraine.In this week's wrap, Sophia covers:- (0:31) Codan (ASX:CDA) delivering a positive trading update- (0:56) Why Adairs (ASX:ADH) lost 27%- (1:27) The stocks Bell Direct clients were trading the most- (1:50) The value of having a longer-term investment view- (4:45) Three important economic news items coming up

Yesterday, the ASX200 closed 0.5% lower to 7,139 points, and it was the technology, utilities and mining stocks that were hit the hardest. On the flip side, the real estate sector managed to post a 1.45% gain. The best performing stock was Uniti Group (ASX:UWL), up an impressive 9.3% after it was revealed that multiple approaches have been made towards the company, suggesting an interest in acquiring UWL. Goodman Group (ASX:GMG) was also on the rise, closing 3.5% higher following a broker note out from Macquarie. The broker expects that GMG could upgrade its FY2022 guidance in its half-year results, set to be released on the 17th of February. Macquarie has an Outperform rating and an increased price target to $26.63. Meanwhile Regis Resources (ASX:RRL) led the losses, falling 14.3% after cutting its full-year production guidance because of a geotechnical incident at its Rosemont mine and other operational challenges. Other stocks coming under pressure included Imugene (ASX:IMU), Life360 (ASX:360), and Liontown Resources (ASX:LTR).In the US, it was a very choppy session, with the Dow plunging over 1,000 points during the session, however managed to make a remarkable comeback to close in the green, up 0.29%. The S&P500 lifted 0.28% and the Nasdaq up 0.63%. Investors began the session dumping tech shares, as they have all month, however those shares rebounded as the day went on with Meta, Amazon and Microsoft closing higher. And it's expected on Wednesday that the Fed will signal its plans on when it will raise rates, after its two-day meeting.Now, despite the comeback in the US, the futures are suggesting the Aussie share market will open 1.30% lower this morning. What to watch today:Q4 production reports will be released by Beach Energy (ASX:BPT), Fortescue Metals (ASX:FMG), Iluka Resources (ASX:ILU), Mineral Resources (ASX:MIN) and St Barbara (ASX:SBM).The latest consumer inflation report is out this morning. A high reading could force the RBA to raise interest rates earlier. Also out today, is Business Confidence for December. The oil price fell 1.5% off the back of a stronger dollar and concerns over the possibility of quicker than expected increases to interest rates by the Fed.While the gold price gained 0.6% to US$1,843 per ounce as Ukraine tensions boost the safe-haven's appeal.The spot iron ore price traded flat at US$133 a tonne. Paradigm Biopharmaceuticals (ASX:PAR) is holding its AGM today.Trading Ideas:Bell Potter has maintained its BUY recommendation on Australia's largest horticultural company, Costa Group (ASX:CGC) with a price target of $3.85. CGC closed 1.7% higher yesterday to $2.94, which implies 31% share price growth in a year. Trading Central has a bullish signal on Straker Translations (ASX:STG). This signal indicates that the stock price may rise from the close of $1.50 to the range of $1.78 - $1.86 in the next 24 days, according to standard principles of technical analysis. 

Last Friday, we saw the Aussie share market fall 2.3%, its biggest, single-day decline in two weeks and largest weekly loss since October 2020. It was a very broad selloff, with all sectors closing in the red.Boral (ASX:BLD) was up 2% despite no news out from the company. Some mining stocks also performed well, including Gold Road Resources (ASX:GOR) and Northern Star Resources (ASX:NST).Meanwhile, Paladin Energy (ASX:PDN) fell a hefty 11% and Zip (ASX:Z1P) continued to come under pressure, falling 7.8%, now at a 52-week low of $3.33. The most traded stocks by Bell Direct clients last Friday included BHP (ASX:BHP) which fell 4.8% last Friday, despite the company announcing the completion of the shareholder vote on its unification. BHP will now seek approval from the UK courts. And if everything goes to plan, the unification will be complete on the 31st of January, meaning its UK-listed shares will stop trading at the close of trade next Friday, the 28th of January. In the US, all three benchmarks lost ground, the Nasdaq down the most, falling 2.7%. That it's biggest weekly loss since October 2020. The Dow fell 450 points and the S&P500 slid 1.9%. This week, all eyes will be on Apple, Microsoft, and Tesla, who are set to post their earnings, as well as the Fed who will hold their two-day meeting in the middle of the week where conversations around rates will be important for the market to digest.Following the negative session in the US, the futures are suggesting the Aussie share market will open 0.69% lower this morning. What to watch today:Fortescue Metals (ASX:FMG), following its late announcement last Friday that revealed the company had signed an agreement with China's state-owned Sinosteel.South32 (ASX:S32) and Pilbara Minerals (ASX:PLS) will release their Q4 production reports. Economic news wise, the manufacturing and services flash PMI will be released this morning. Oil prices fell for the second day in a row on Friday, following an unexpected rise in US crude and fuel inventories, while investors took profits after both benchmarks touched seven-year highs earlier in the week.The gold price fell slightly to US$1,834 per ounce. And the lithium price lifted 2.4% to a record high. Capital market company, Mirrabooka Investments (ASX:MIR) and Thorn Group (ASX:TGA) are going ex-dividend today. Trading Ideas:Bell Potter has maintained its BUY recommendation on metallurgical coal producer, Coronado Global Resources (ASX:CRN) with a price target of $1.70. Bell Potter believe CRN is highly leveraged to the current strength in seaborne and US domestic met coal markets and is now generating significant free cash flow. Trading Central has a bullish signal on manganese producer Element 25 (ASX:E25). This signal indicates that the stock price may rise from the close of $1.47 to the range of $1.92 - $2.02 in the next 10 days, according to standard principles of technical analysis. 

The Aussie share market is set to open higher, with the futures suggesting a fall of 0.3%.  What to watch today: Stocks exposed to China will be a focus today, as Chinese industrial production and economic growth both slowed more than expected. Australian companies such as commodity giants BHP (ASX:BHP), Rio Tinto (ASX:RIO) and Fortescue Metals (ASX:FMG), who export to China, would have noticed less commodity sales. In company news, BHP (ASX:BHP), Northern Star Resources (ASX:NST) and Stockland (ASX:SGP) are set to report quarterly numbers. BHP (ASX:BHP) announced the proposed merger of its Petroleum business with Woodside Petroleum (ASX:WPL) will likely go ahead in November 2021, creating a global top 10 energy company. Most analysts have BHP as a HOLD, except Macquarie who have BHP as a BUY with a 12-month price target of $56. Oil holds its new 7-year high at US$82.29, and the price of platinum has risen 2%. Watch Zimplans (ASX:ZMI), Challice Mining (ASX:CHN) and Podium Minerals (ASX:POD). Palladium is up almost 3%, so you could also watch CHN, Liontown Resources (ASX:LTR) and Impact Minerals (ASX:IPT).  Trading Ideas: Bell Potter reiterated Temple and Webster (ASX:TPW) as a HOLD with a 12-month price target of $12.75. Bullish charting signals have been identified in Mayne Pharma (ASX:MYX), Centaurus (ASX:CTM) and Emyria (ASX:EMD) according to Trading Central.  

During this podcast we are lucky enough to have two inspirational mining engineering graduates who have gone on to build remarkable careers in mining. We hear how Douglas Thompson, an experienced mining executive and Darren Stralow from Northern Star Resources have built their careers in mining. They also shine a light on how rewarding the mining sector can be, provide valuable insights about the industry and how those interested can get their career start. 2:09 - Key Inspirations that led to their mining careers7:23 - Career advice from Darren and Douglas13:43 - Douglas's Impressive and taking your career to the next level 21:10 - Northern Star Resources share price increase and what it meant for staff careers 26:05 - Diversity at Northern Star Resources38:53 - WASM promoting the industry and success stories from within45:45 - What Thiess looks for in people when recruiting 49:53 - Darren's passion in creating career pathways into the mining industry56:05 - A message to year 10-12 students considering a mining career 1 hr: A final note from Darren and Douglas about what a career in mining has given them and their familiesKey Inspirations that led to their mining careersDouglas: The inspiration for Douglas was a primary need to get into the industry and to follow in his family's footsteps. People were also a primary attraction; he has found very passionate and likeminded people whilst in underground mining. Being able to scale and be involved in multiple disciplines was intoxicating to Douglas, and he loved the opportunities. Darren: Mining is about the people, and the people are what make mining a great industry. Being able to work with different people and getting fast feedback was desirable to Darren, making it a great career choice for him. He also loves the practical, dynamic and interactive environment mining brings. Career advice from Darren and DouglasDarren: You don't work for companies; you work for people. Once you get into the day-to-day life of the job, the people that have the biggest influence on yourself are the people around you. Find people who you can have a great two-way relationship with. You have to deliver for them, and they give back to you by giving you opportunities which is a huge driver for your own development. Douglas: Leadership is a privilege, and it comes with accountability. You must serve others and give context and understanding why the common goal is the right goal which is fulfilling the purpose of being a leader. The best move Douglas has made is through Genesis joining the mining industry, it has offered so much. Being able to work internationally in his career has also been pivotal to his career, where learning from different cultures, seeing how different challenges are solved and learning how others think has been achieved. Douglas's Impressive growth and taking your career to the next level The three key steps which contributed to Douglas's career growth – 1. A willingness to follow- understand you work with multiple stakeholders and meet the needs with clear intention and strategies whilst serving the different stakeholders. 2. Have a clear state of mind where your purpose sits with that, think about “what do I bring to the table.” It is also important to be honest with yourself, work hard and find solutions to any problems. 3. There is a little touch of magic, luck and having a great support system behind you to push you into the opportunities you are striving for. Douglas knew what he wanted to achieve both personally and professionally and he made it happen with support around him. You need to sacrifice but also balance your family and personal life whilst doing so. You need to be honest with yourself and look at the return on the investment on your career. Northern Star Resources share price increase and what it meant for staff careers It has been an interesting journey and sometimes you have to pinch yourself. The recapitalisation over 10 years ago was a huge factor, it was a risk, but we received a return. Reflecting on the business, it is important to look at the opportunity – NSR went from a couple of people in an office with an ambition to own mine sites to what it is today.  The success is reliant on the people and NSR has a fundamental philosophy to give career opportunities to those performing well in the business as well. What is really pleasing has been to see the people grow alongside the business over the years. Diversity at Northern Star ResourcesWhen you have a firm development culture, it provides the opportunity to help others move up and attain higher roles. You have an obligation to those below you to backfill where you have come from and being supported by good people is important in a growth organisation. This is huge at Northern Star Resources and something they focus on heavily. WASM promoting the industry and success stories from within (WASM - Western Australian School of Mines)There are great stories everywhere such as small country town boys who have built massive Western Australian companies and forged great mining jobs, through WASM pathways. WASM teaches and inspires high school kids to start careers in mining and supports those students through industry interaction. Joining WASM is like joining a family! What Thiess looks for in people when recruiting The primary factor when recruiting is having people with open minds. This means having the ability to adapt and learn and be open to the ideas that there are other views that you can draw from and environments you can be exposed to. Recruits must have a willingness to be vulnerable, you can only learn from a situation is you fail or there is a shortcoming, it is and important lesson to grow and evolve. Work ethic is also an important, education is a backbone but a willingness to apply yourself and align with the business strategy are strong traits to have. Darren's passion in creating career pathways into the mining industryFor those based in Western Australia in high school and looking towards getting a job within the mining industry, Northern Star Resources are hosting exciting events targeted towards high school students. This includes students in grades 10 who are keen to get on the pathway to enter the mining industry. 1st Event – Get into Resources – an interactive event at Metropolitan Tafe in Perth over three days at the end of June where attendees will hear from mining companies and find out more through interactive and practical demonstrations. 2nd Event – Resources Technology Showcase – Hosted at convention centre in the Perth City where all the technological resources within the industry are showcased. Northern Star Resources also fund mining camps, and have done for many years, where they take people to visit the mines and WASM to see the team doing the groundwork. These camps have been successful in the past, and they look forward to funding more in the future, helping those interested in a mining career get their start and the information they are looking for. A message to year 10-12 students considering a mining career Mining is a critical industry and is all about opportunity where there are a massive range of rewarding roles. Every discipline has a mining application and one of the huge benefits is the fast feedback. It is rewarding to get that feedback on your influence on the operations and being rewarded for your efforts. There are opportunities to evolve your career by entering the mining industry and there are no limits.  It is time for those who want to get out there and roll their sleeves up to get involved and make a difference whilst having a rewarding career! Society needs the industry; it has the opportunity and the funding, and it is at a time where those coming into the industry can help shape the world and make change. A final note from Darren and Douglas about what a career in mining has given them and their familiesDarren: Mining has given us everything we have, and the most important thing is not about what it has given us but its about looking back and seeing the achievements and rewards. The people and the friends made from the mining industry has been the most rewarding. Douglas: The tangible assets and experiences you have are the most rewarding and influential. Exposure and life opportunities with the people in the industry has also been a blessing. 

Shaun Day CEO of Greatland Gold is on the podcast today. He takes us back through his career history in investment banking & telecoms before getting the mining bug. Shaun was CFO at Northern Star Resources during its transformation from a 700M mkcap to 1Bn - and he wants to replicate this at #GGP.

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.

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.

Well the US Federal Reserve have kept rates unchanged, but raised expectations of at least two increases in interest rates by the end of 2023. China announced yesterday that they would release national reserves of aluminium, copper and zinc, to stabilise commodity prices. This weighed down on miners, however the ASX200 still closed higher. Despite US equities falling overnight, the Aussie share market is set to open higher, with the futures suggesting the market will rise by 7 points. What to watch today:The RBA bulletin will be released this morning at 11:30am AEST, with announcements on the unemployment and participation rates.Keep an eye on Coles (ASX:COL) as they hold their virtual strategy day today, where they will provide an update on their refreshed strategy, with the potential for an update on their sales. The oil price is down 0.8%, gold is down 2.4%, copper is down 1.5% and iron ore is trading 0.2% lower. The most traded stocks by Bell Direct clients yesterday were Northern Star Resources (ASX:NST), BHP (ASX:BHP) and Flight Centre (ASX:FLT).Trading ideas:Bell Potter have reiterated their BUY recommendation on Imdex (ASX:IMD) with an increased price target of $2.35 (previously $2.20). Straker Translations (ASX:STG), Credit Corp Group (ASX:CCP) and Adore Beauty Group (ASX:ABY) are all giving off bullish charting signals according to Trading Central. 

The Aussie share market is set to open lower this morning, with the futures suggesting the market will fall 0.45% to 7,018 points. This comes as US equities slipped from their record levels after the tech sector weighed on the broader market. US investors remain cautious given the large amount of corporate earnings ahead this week as well as the ongoing vaccine rollout in the US.What to watch today:Following tech shares coming under pressure in the US, it's worth keeping an eye on Aussie tech shares like Afterpay (ASX:APT) and Xero (ASX:XRO), as the local tech sector tends to follow the Nasdaq's lead.The oil price lifted 0.5% to US$63.47 a barrel following the US dollar weakening. So, keep an eye on energy producers like Santos (ASX:STO) and Woodside Petroleum (ASX:WPL). The gold price fell 0.32% overnight to US$1,770.47. So Northern Star Resources (ASX:NST) and Evolution Mining (ASX:EVN) will be on watch.The iron ore price fell 0.1%, and copper increased 1.6%, while silver fell 0.58%. Trading ideas:Bell Potter has a Buy rating on Cooper Energy (ASX:COE), with a $0.45 price target. Cooper Energy has expansion projects aiming to support production leveraged to Australia's tightening east coast gas market.Mineral Resources (ASX:MIN) closed yesterday at $43.76. Bell Potter has increased its price target on the stock by 14% to $49.30. EPS forecasts and highly sensitive movement to iron ore prices has led to this lift.   Eclipx (ASX:ECX), Lynas Rare Earths (ASX:LYC) and Reliance Worldwide (ASX:RWC) are all giving off bullish charting signals according to Trading Central. 

The Aussie share market is set to extend last week's advance and start the week higher, with the futures suggesting the market will lift 0.5% to 7,071 points. This takes the market just 1% away from the record set before the pandemic.  What to watch today:The country's leaders will be discussing today a reset of the vaccination program, which could lead to people aged over 50 being vaccinated sooner and further mass-vaccination sites opening.The oil price dipped, but still posted a gain for the week. This was driven by optimism over a recovery in demand.Gold miners like Newcrest Mining (ASX:NCM) and Northern Star Resources (ASX:NST) could start the week on a positive note after the Gold price pushed higher on Friday night.  Stocks going ex-dividend this week include mining company New Hope Group (ASX:NHC) and investment company Soul Pattinson (ASX:SOL). The most traded stocks last Friday from our active trader desk, Bell Direct Advantage. They were Brainchip (ASX:BRN), Magnetite Mines (ASX:MGT), which both rose about 7% and Oneview (ASX:ONE), up about 2.5%.                                                                           Trading ideas:Bell Potter has lifted its price target for Eagers Automotive (ASX:APE) to $16.50, previously $15.50. Bell Potter's view is that a 2021 PE ratio in the mid to high teens is appropriate for what we can expect to be peak earnings for the company.Adairs (ASX:ADH), Medusa Mining (ASX:MML) and Beach Energy (ASX:BPT) are all giving off bullish charting signals according to Trading Central. 

Everyone has an Afterpay story. Or at least, most of the investors I know. Personally, I was told by multiple analysts to invest in early 2018, when its share price was trading around $7. I didn't. Isn't retrospect a funny thing. And while Afterpay's great ascent is certainly a story for the ages, it's hardly a unique one at that. Blackmores, A2 Milk, Northern Star Resources, Dominos, and Fortescue Metals Group (to name a few) also - at some point in time - boasted similarly soaring share prices. In this episode of Buy Hold Sell, Livewire Market's Ally Selby was joined by micro-cap experts James Dougherty from Lennox Capital Partners and Nick Guidera from Eley Griffiths Group, for their tips on finding the next undiscovered gem. Plus, our fundies shared one stock that they believe can climb its way up the index to the S&P/ASX20. You're welcome.

The Aussie share market is set to fall 0.1% at the open despite Wall Street's rally overnight.The polls are now open for the runoff Georgia elections which are important to incoming US President Joe Biden's next couple of years in the White House.What to watch today:Zip (ASX:Z1P) shares fell 5% yesterday following the release of its share purchase plan on Monday. There were reports overnight that Zip and AsiaPay formed a partnership however, no ASX announcement was released.The gold price rallied overnight rising to US$1,948 off the back of a continued weaker US dollar and focus turning to the Georgia runoffs. Gold miners like Newcrest Mining (ASX:NCM), Saracen Mineral (ASX:SAR), Northern Star Resources (ASX:NST) and St Barbara (ASX:SBM) could be on the rise again today.The oil price has broken above $50 for the first time since February 2020 jumping 5.1% to US$50.06 a barrel, following Saudi Arabia announcing voluntary cuts. Today looks set to be a great day for energy producers like Santos (ASX:STO) and Woodside Petroleum (ASX:WPL).Local trading ideas:Harvey Norman (ASX:HVN), First Graphene (ASX:FGR) and Aurelia Metals (ASX:AMI) are giving off strong bullish charting signals according to Trading Central.

Some investors like the idea of treating the stock market like an extended fishing trip. They'll carefully pick their spot (think investment universe), patiently wait for the right opportunity, and aggressively reel it in when the time comes and hope that it's a big one. For others, that approach may incite the reaction from the famous meme "Ain't nobody got time for that" and favour buying stocks that are already running hard. We call them momentum traders. In this episode, we've picked out five ex-20 companies the market loves right now, but we've also got fundies Catherine Allfrey of WaveStone Capital and Jason Kururangi of Aberdeen Standard Investments to apply a qualitative overlay over the bullish behaviour of Altium, Northern Star Resources, and Pro Medicus. Is chasing these momentum stocks akin to falling for the hook, line and sinker? Catherine and Jason discuss that question here, and also bring their two best Ideas in an uptrend but offering good value. Visit Livewire Markets to access the video and transcript for this episode. Note: This episode was filmed on 21 October 2020.

brownfields, district-scale land package located in the prolific Tintina Gold Province of Alaska, surrounding 10 million ounces of gold in resources at Pogo Mine operated by their neighbor Northern Star Resources. In this interview, we will be joined by CEO Gregory Beischer and Gabriel Graf, who is a consultant for MRO and is credited with the discovery of Northern Star's Goodpaster deposit. Mr. Beischer will walk us through the latest drill results as Mr. Graf will convey the similarities between the 64 North Project and the Goodpaster Deposit. Millrock Resources has a strategic partner in EMX Royalty and Resolution Minerals. Millrock will apply up to $5 Million in the capital in an effort to delineate the 64 North Project to increase shareholder value. If you like the Golden Triangle, you should consider the Tinatina Gold Province. The stock price for Millrock Resouces has nearly tripled since September with the potential to go much higher! Legendary commodities investor Rick Rule is investing in Millrock Resources. Find out why in this exclusive interview with Gregory Beischer the CEO of Millrock Resources. TIMESTAMP: :27 Introduction 1:04 Introduction of the 64 North Gold Project 1:30 Goodpaster Gold District 2:21 660 sq km claims and prospects 2:57 West Pogo Block 4:33 West Pogo Bloc in Relation to Pogo Mine 6:47 Aurora Target Hole 20AU007 6:57 Aurora Target Hole 20AU007 - 7m thick interval 8:28 Gabriel Graf - Goodpaster Deposit Intersections 11:02 Pogo Mine - East Deeps Deposit Inclined Longitudinal Section 12:55 Never Stop Trying 14:01 Business Partners 15:10 Capital Structure 15:52 Millrock Echo Target 16:27 Resolution Minerals Agreement Terms 16:52 Company Catalyst's PARTNERING THE MOST HIGH RISK, HIGH-COST STAGES OF EXPLORATION Millrock (TSX.V: MRO.V) is a project generator company focused on the discovery and development of high-value metallic mineral deposits in two jurisdictions with outstanding potential: the State of Alaska and Mexico – primarily the state of Sonora. The company’s main emphasis has been on gold and copper, focusing on porphyry and high-grade vein style deposits. Our objective is to discover a world-class ore body, building further shareholder value through the exploration and development of existing projects and exploration joint ventures. Millrock Resouces (TSX.V: MRO | OTCQX: MLRKF) Website: www.millrockresources.com Corporate Presentation: www.millrockresources.com/investors/co…presentation INVESTOR INQUIRIES Melanee Henderson Investor Relations Direct: 604-638-3164 Toll-Free: 877-217-8978 Email: mhenderson@millrockresources.com Website| www.provenandprobable.com Call me directly at 855.505.1900 or email: Maurice@MilesFranklin.com Precious Metals FAQ - www.milesfranklin.com/faq-maurice/ Proven and Probable Where we deliver Mining Insights & Bullion Sales. I'm a licensed broker for Miles Franklin Precious Metals Investments (www.milesfranklin.com/contact/) Where we provide unlimited options to expand your precious metals portfolio, from physical delivery, offshore depositories, and precious metals IRA's. Call me directly at (855) 505-1900 or you may email maurice@milesfranklin.com. Proven and Probable provides insights on mining companies, junior miners, gold mining stocks, uranium, silver, platinum, zinc & copper mining stocks, silver and gold bullion in Canada, the US, Australia, and beyond. We will not be discussing silver price, silver stacking, silver price forecast, and or the gold price in this interview.

Today we revisit the value proposition of a Millrock Resources, a Premier Prospect Generator, that has a brownfields, district-scale land package located in the prolific Tintina Gold Province of Alaska, surrounding 10 million ounces of gold in resources at Pogo Mine operated by their neighbor Northern Star Resources. In this interview, we will be joined by CEO Gregory Beischer and Gabriel Graf, who is a consultant for MRO and is credited with the discovery of Northern Star's Goodpaster deposit. Mr. Beischer will walk us through the latest drill results as Mr. Graf will convey the similarities between the 64 North Project and the Goodpaster Deposit. Millrock Resources has a strategic partner in EMX Royalty and Resolution Minerals. Millrock will apply up to $5 Million in the capital in an effort to delineate the 64 North Project to increase shareholder value. If you like the Golden Triangle, you should consider the Tinatina Gold Province. The stock price for Millrock Resouces has nearly tripled since September with the potential to go much higher! Legendary commodities investor Rick Rule is investing in Millrock Resources. Find out why in this exclusive interview with Gregory Beischer the CEO of Millrock Resources. TIMESTAMP: :27 Introduction 1:04 Introduction of the 64 North Gold Project 1:30 Goodpaster Gold District 2:21 660 sq km claims and prospects 2:57 West Pogo Block 4:33 West Pogo Bloc in Relation to Pogo Mine 6:47 Aurora Target Hole 20AU007 6:57 Aurora Target Hole 20AU007 - 7m thick interval 8:28 Gabriel Graf - Goodpaster Deposit Intersections 11:02 Pogo Mine - East Deeps Deposit Inclined Longitudinal Section 12:55 Never Stop Trying 14:01 Business Partners 15:10 Capital Structure 15:52 Millrock Echo Target 16:27 Resolution Minerals Agreement Terms 16:52 Company Catalyst's PARTNERING THE MOST HIGH RISK, HIGH-COST STAGES OF EXPLORATION Millrock (TSX.V: MRO.V) is a project generator company focused on the discovery and development of high-value metallic mineral deposits in two jurisdictions with outstanding potential: the State of Alaska and Mexico – primarily the state of Sonora. The company’s main emphasis has been on gold and copper, focusing on porphyry and high-grade vein style deposits. Our objective is to discover a world-class ore body, building further shareholder value through the exploration and development of existing projects and exploration joint ventures. Millrock Resouces (TSX.V: MRO | OTCQX: MLRKF) Website: www.millrockresources.com Corporate Presentation: https://www.millrockresources.com/investors/corporate-presentation INVESTOR INQUIRIES Melanee Henderson Investor Relations Direct: 604-638-3164 Toll-Free: 877-217-8978 Email: mhenderson@millrockresources.com Website| www.provenandprobable.com Call me directly at 855.505.1900 or email: Maurice@MilesFranklin.com Precious Metals FAQ - https://www.milesfranklin.com/faq-maurice/ Proven and Probable Where we deliver Mining Insights & Bullion Sales. I'm a licensed broker for Miles Franklin Precious Metals Investments (https://www.milesfranklin.com/contact/) Where we provide unlimited options to expand your precious metals portfolio, from physical delivery, offshore depositories, and precious metals IRA's. Call me directly at (855) 505-1900 or you may email maurice@milesfranklin.com. Proven and Probable provides insights on mining companies, junior miners, gold mining stocks, uranium, silver, platinum, zinc & copper mining stocks, silver and gold bullion in Canada, the US, Australia, and beyond. We will not be discussing silver price, silver stacking, silver price forecast, and or the gold price in this interview.

JOHANNESBURG/TORONTO – Barrick Gold CEO Mark Bristow on Wednesday said the gold industry in Africa should consolidate further, as he warned of a "serious reserve crisis" looming for the sector. A dearth of exploration has seen average mine life across the gold mining sector fall from 20 years to closer to 10 years, he added, speaking at the Joburg Indaba mining conference. "The prospect of a serious reserve crisis is looming," said Bristow. Gold production across the industry has only increased by 1.6% every year for the past two decades, he said. Bristow said this week's deal between Northern Star Resources and Saracen Mineral Holdings was a "great example" of industry consolidation that should be celebrated. On Mali, where Barrick is among the biggest investors and operates the Loulo-Gounkoto gold mine, Bristow said the transition after an August military coup has been "very well" run. "Everyone agrees that 18 months for transition back to full civilian rule is doable, and that's ambitious," Bristow said, adding that "none of the organs of state has stopped functioning." Bristow again signalled his appetite for acquiring Freeport-McMoran's Grasberg mine in Indonesia, the world's biggest gold mine and second-biggest copper mine. "There are not a lot around, and so by deduction of course we remain interested in being able to add to our portfolio any tier 1 asset out there," he said. Bristow said he has no doubt the company will be able to repatriate $500-million which belongs to its Kibali joint venture in the Congo. "That paperwork is far down the road," he said. At the start of July, Bristow had said the money would be cleared to leave the country "very soon". "There's a fundamental recognition that to continue to attract investors into the DRC, you have to give them the right to repatriate their profits," he said.

Aussie equities are eyeing a 0.5% lift at the open, following a positive session overnight. We saw U.S. stocks rise on the back of Disney revealing it has 100 million streaming subscribers and COVID-19 vaccine hopes. Medical device company, Johnson & Johnson have struck up a $1 billion deal with the U.S. government to manufacture 100 million doses of its COVID-19 vaccine candidate, if it proves successful. Following this news, its share price rose 0.8%. What to watch today: ResMed (ASX:RMD), they announced their fourth quarter fiscal 2020 earnings today. The highlights included a revenue increase of 9% to $770.3m and a net operating profit increase of 84% compared to the prior year period. The strong result is largely due to strong ventilator demand during the period.  Energy producers, like Beach Energy (ASX:BPT) and Woodside Petroleum (ASX:WPL) could push higher today following the lift in the oil price. Both stocks closed 0.7% lower yesterday. And with the gold price once again hitting a new record overnight, up 1.5% to US$2,053 an ounce, keep an eye on gold miners like Northern Star Resources (ASX:NST) and Saracen Mineral Holdings (ASX:SAR). Local trading ideas: Centuria Capital Group (ASX:CNI) is showing a bullish signal according to Trading Central's charting. Yesterday, Centuria closed 5.5% up at $1.83 and Trading Central believes the stock's share price may rise to between $1.89 - $1.93 in 24 days according to standard principles of technical analysis.Fortescue Metals Group (ASX:FMG), Bell Potter has lifted FMG's price target by 17% to $12.50, but have lowered their recommendation of the stock from a Hold to a Sell following strong share price appreciation. A near term catalyst for FMG includes the release of its FY20 financial results and declaration of its final FY20 dividend on the 24th of August. The stock goes ex-dividend likely in early September. 

Resolution Minerals (ASX: RML) managing director Duncan Chessell joins Small Caps to discuss the company's 64North project located in Alaska where drilling is targeting the same mineralisation found at Northern Star Resources’ adjacent Pogo gold mine.For more information:https://smallcaps.com.au/stocks/?symbol=RML

The Aussie share market is eyeing a fall 0.5% at the open, following a red finish in the U.S. on Friday.Gold prices hit brand new record highs of US$1,898, on the back of US-China tensions and lingering COVID-19 fears. What to watch this week:The RBA Assistant Governor is speaking via webinar at 10am. Catch that on the RBA's website.Australian inflation data will be released on Wednesday. U.S. GDP data will be released on Thursday.This week will be a really telling week for markets with Apple, Amazon and Facebook reporting results which will need to justify their record high valuations. Reporting season: Credit Corp (ASX:CCP) on Tuesday.Rio (ASX:RIO) on Wednesday. Trading ideas: After Mineral Resources (ASX:MIN) shares rose about 47% this year, seeing minimal COVID-19 impacts and increasing its iron ore shipment by 53% in the year, Bell Potter downgraded the company from a buy to a hold, following its outperformance. However, Bell Potter also said there is uncertainty in the iron ore price, as well the increased tension with US/China that could weigh on Mineral Resources.UBS increased Insurance Australia's (ASX:IAG) buy rating and price target to $6.50 with UBS being bullish on insurance premium rates. However, UBS downgraded IAG's earnings for FY21E by -15%.Citi reiterated Aristocrat Leisure (ASX:ALL) as a buy with a $30 target. Citi picked Austal (ASX:ASB) as its key buy in the small caps with a $4.23 target. 

Kalamazoo Resources (ASX: KZR) chief executive officer Luke Reinehr joins Small Caps to discuss the company's recent acquisition in the Pilbara of the Ashburton project from Northern Star Resources.Located in the Pilbara, the Ashburton project has a resource of 20.8Mt at 2.5g/t gold for 1.65Moz.Related article:https://smallcaps.com.au/kalamazoo-resources-acquires-ashburton-project-gold-northern-star/

The Aussie share market is eyeing a 3rd day of gains with the futures suggesting a 0.2% lift at the open after global equities charged and ratings agency Moody's affirmed Australia's AAA rating.What to watch today:CSR (ASX:CSR) holds its AGM.Following the gold rush, keep an eye on gold companies like Gold Road Resources (ASX:GOR), Newcrest Mining (ASX:NCM), Northern Star Resources (ASX:NST), Evolution Mining (ASX:EVN), IGO Ltd (ASX:IGO) & St Barbara (ASX:SBM).Local trading ideas:AMP (ASX:AMP) was reiterated as a buy by Bell Potter, increasing its target to $2.50 as AMP is set to receive $1.1 billion following the sales of its life insurance business on 30 June. Woolworths (ASX:WOW) was reiterated as a buy by UBS following the supermarket's stronger sales numbers announced yesterday, but weaker than expected profit.Perenti Global (ASX:PRN) mining services company was reiterated as a buy by UBS but it dropped its price target to $2.00. Citi reiterated Harvey Norman (ASX:HVN) as a buy with a price target of $4.60.

Today we share the value proposition of a Millrock Resources, a Premier Prospect Generator, that has a brownfields, district-scale land package located the prolific Tintina Gold Province of Alaska, surrounding 10 million ounces of gold in resources at Pogo Mine operated by their neighbor Northern Star Resources. This interview will address the restart of the drill campaign of the Aurora Targets which were suspended due to the COVID-19. Millrock Resources has a strategic partner in EMX Royalty and Resolution Minerals. Millrock will apply up to $5 Million in the capital in an effort to delineate the 64 North Project to increase shareholder value. The stock price for Millrock Resouces has nearly tripled since September with the potential to go much higher! Legendary commodities investor Rick Rule is investing in Millrock Resources. Find out why in this exclusive interview with Gregory Beischer the CEO of Millrock Resources. TIMESTAMP: :19 Intro 1:54 Are the Drills Turning Yet? 4:17 What Other is Millrock Conducting on the 64N Project? 6:25 What is the Next Unanswered Questions? 8:36 Stock Price & Capital Structure 10:47 What Keeps Mr. Beischer Up at Night? 11:28 What Did I Forget to Ask? 12:24 Contact Details Millrock Resouces (TSX.V: MRO | OTCQX: MLRKF) Website: www.millrockresources.com Corporate Presentation: www.millrockresources.com/investors/co…presentation INVESTOR INQUIRIES Melanee Henderson Investor Relations Direct: 604-638-3164 Toll Free: 877-217-8978 Email: mhenderson@millrockresources.com Website| www.provenandprobable.com Call me directly at 855.505.1900 or email: Maurice@MilesFranklin.com Precious Metals FAQ - www.milesfranklin.com/faq-maurice/ Proven and Probable Where we deliver Mining Insights & Bullion Sales. I’m a licensed broker for Miles Franklin Precious Metals Investments (www.milesfranklin.com/contact/) Where we provide unlimited options to expand your precious metals portfolio, from physical delivery, offshore depositories, and precious metals IRA’s. Call me directly at (855) 505-1900 or you may email maurice@milesfranklin.com. Proven and Probable provides insights on mining companies, junior miners, gold mining stocks, uranium, silver, platinum, zinc & copper mining stocks, silver and gold bullion in Canada, the US, Australia, and beyond.

Today we share the value proposition of a Millrock Resources, a Premier Prospect Generator, that has a brownfields, district-scale land package located the prolific Tintina Gold Province of Alaska, surrounding 10 million ounces of gold in resources at Pogo Mine operated by their neighbor Northern Star Resources. This interview will address the restart of the drill campaign of the Aurora Targets which were suspended due to the COVID-19. Millrock Resources has a strategic partner in EMX Royalty and Resolution Minerals. Millrock will apply up to $5 Million in the capital in an effort to delineate the 64 North Project to increase shareholder value. The stock price for Millrock Resouces has nearly tripled since September with the potential to go much higher! Legendary commodities investor Rick Rule is investing in Millrock Resources. Find out why in this exclusive interview with Gregory Beischer the CEO of Millrock Resources. TIMESTAMP: :19 Intro 1:54 Are the Drills Turning Yet? 4:17 What Other is Millrock Conducting on the 64N Project? 6:25 What is the Next Unanswered Questions? 8:36 Stock Price & Capital Structure 10:47 What Keeps Mr. Beischer Up at Night? 11:28 What Did I Forget to Ask? 12:24 Contact Details Millrock Resouces (TSX.V: MRO | OTCQX: MLRKF) Website: www.millrockresources.com Corporate Presentation: https://www.millrockresources.com/investors/corporate-presentation INVESTOR INQUIRIES Melanee Henderson Investor Relations Direct: 604-638-3164 Toll Free: 877-217-8978 Email: mhenderson@millrockresources.com Website| www.provenandprobable.com Call me directly at 855.505.1900 or email: Maurice@MilesFranklin.com Precious Metals FAQ - https://www.milesfranklin.com/faq-maurice/ Proven and Probable Where we deliver Mining Insights & Bullion Sales. I’m a licensed broker for Miles Franklin Precious Metals Investments (https://www.milesfranklin.com/contact/) Where we provide unlimited options to expand your precious metals portfolio, from physical delivery, offshore depositories, and precious metals IRA’s. Call me directly at (855) 505-1900 or you may email maurice@milesfranklin.com. Proven and Probable provides insights on mining companies, junior miners, gold mining stocks, uranium, silver, platinum, zinc & copper mining stocks, silver and gold bullion in Canada, the US, Australia, and beyond.

Der Goldpreis konsolidiert weiter. Aktuell ist ein Kampf rund um die Marke von 1.720 Dollar zwischen Bullen und Bären entbrannt. 'Kurzfristig mögen die Bären die besseren Karten haben', sagt Markus Bußler.

The Australian share market looks set for a cautious opening if you go by the futures, with investors weighing up three key things:The Global equity rallying overnightThe oil price swinging 25% lower to $12.93 on fears that worldwide storage will soon be at capacityLocal earnings results due out today from Aussie companiesLooking at overnight markets, Wall Street charged ahead with their benchmark indices all gaining over 1%, on hopes of further lockdowns being lifted, while earnings news from Deutsche Bank and pharmaceutical Bayer helped fuel European equities higher and saw the German market gain over 3.1%.Today, investors will be watching St Barbara (ASX:SBM), Saracen (ASX:SAR), Northern Star Resources (ASX:NST), Growthpoint Properties Australia (ASX:GOZ) and Mesoblast (ASX:MSB).

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.

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.

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.

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.

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.

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.

Bill Beament has taken Northern Star Resources from a small exploration company in the Kimberley, to one of Australia’s leading gold producers all within a decade.   In this Part 1 episode, we talk about the early years of Bill’s life and career, leading into the acquisition of Paulsens. This is truly an inspirational listen from a down to earth Mining Executive.    

Bill Beament has taken Northern Star Resources from a small exploration company in the Kimberley, to one of Australia's leading gold producers all within a decade.   In this Part 1 episode, we talk about the early years of Bill's life and career, leading into the acquisition of Paulsens. This is truly an inspirational listen from a down to earth Mining Executive.    

Proven and Probable Where we deliver Mining Insights & Bullion Sales, in form of physical delivery, offshore depositories, and private blockchain distributed ledger technology you may reach us at contact@provenandprobable.com Watch the video and visit our website for more details https://provenandprobable.com/. For more info on Millrock Resources visit: www.millrockresources.com Please share this video: https://youtu.be/hDvM0cnkNBA Find out why the value proposition for Millrock Resources just got more exciting for shareholders. Maurice Jackson of Proven and Probable sits down with Gregory Beischer the President, CEO, and Director of Millrock Resources (TSX.V: MRO | OTCQX: MLRKF) to discuss the latest developments regarding the Goodpaster District in Alaska. In particular, the company has successfully completed a strategic investment with EMX Royalty. Mr. Beischer shall provide the details of the investment how the funds will be deployed to increase shareholder value. Millrock Resources has staked claims adjacent to the Northern Star Resources property, which produces high-grade at an annual production rate of 300,000 oz. WEBSITE: provenandprobable.com YOUTUBE: www.youtube.com/c/provenandprobable TWITTER: twitter.com/provenprobable Category People & Blogs

WASM Alumni Podcast 2 Bill Beament, Chairman of Northern Star Resources, President of the WASM Alumni talks to Kyle De Souza. Beament set his sights on a mining career at the young age of 13 after attending a careers expo and learning about the Western Australian School of Mines in Kalgoorlie. His dad had plans for him to take on the family farm machinery business, but Beament had other ideas. Like many in WA’s mining alumni, he headed to Kalgoorlie after high school to study mine engineering, and ended up in the red-dirt town for eight years, gaining experience in underground goldmining. “In Kalgoorlie, you’re immersed in the hard rock industry, but mainly gold,” he says. “Back then iron ore was a taboo word, no one wanted to go into iron ore, that was for people who couldn’t get jobs in the gold industry. Coal was a dirty word.” He started his career working underground for four years for a contracting company and then moved on, because he knew by this stage he wanted to work his way into a management position. Barminco, an underground mining contractor, sought him out and he joined its team at the age of 24, taking on the role of second in command at an operation in Wiluna, in the state’s Mid West. His potential was noticed and he was sent to run a copper mine in Queensland, at the age of 27. “That was a sink-or-swim opportunity and was a real defining moment,” he says. Three years later, he was put into the Perth head office for the remainder of his 8 1/2-year stint with the company and was given the job of general manager of WA operations overseeing 13 mine sites and 1000 employees. “What they probably didn’t realise was I didn’t want to be a contractor for the rest of my career and they had been grooming me as a future MD.” After leaving Barminco, Beament started his own underground mining contract company, which he ran for about 18 months before the mine it was contracted to went under. “I earned my first $1m and then lost it in the first year, but we paid off all employees and suppliers and had no debt and had a little bit of cash leftover, which I used to put into Northern Star,” he says. Beament doesn’t believe it is luck that has got him to where he is, but that it is the culture of the company he and his team have built. “We have a work ethic in this company that reflects from the top to the bottom and there is a culture of calculated risk,” he says. My board has backed me and my team 100 per cent and that is a pleasure to work in. They give us the licence to do what needs to be done and the results speak for themselves.       Name

Jim has over 17 years of experience in the mining industry after graduating from the Camborne School of Mines in 1995. His mining career has been primarily in Western Australia, particularly with the Eastern Goldfields. He started his career in the field of Rock Mechanics involved in seismically active underground mines at the Gold Fields Kundana mine and the St Ives Junction Mine in the WA Eastern Goldfields. Following on from this he moved into senior technical services roll at LionOre’s Black Swan Mine, Barrick Kanowna Belle and Avoca Higginsville operations. He commenced at Higginsville in the earlier stages of development and took the mine plan from concept through to production of +1Mtpa. In 2011 Jim has been the project manager for the South Kalgoorlie Expansion Project (SKOEP) and has been in the General Manager at the South Kalgoorlie Operations and Higginsville Gold Operations and has recently taken up the position of General Manager for the Northern Star Resources Kalgoorlie Operations

To make it in the world of mining you need to be dedicated and passionate, if you're in it to make quick cash you're going to find it tough going. Each Wednesday, join Peter Finn, managing director of FACE Contracting, as he navigates the ups and downs of the industry with forward-thinking professionals from all walks of life. If you're involved in the mining industry in anyway — whether you're a lifer or a high school student looking to make the leap — Full Production is the perfect podcast for you. On this week's episode we sit down with young and up-and-coming star of the mining industry – Enrik Mundt. Enrik's story is a classic one. A young bloke brought to Perth from a small village in Germany who turned his love of science and engineering into a fantastic career in mining. He's only 23 and already he's on the rise as a metallurgical engineer with Northern Star Resources. On the side, he's a member of The Australian Institute of Mining and Metallurgy's New Professionals' Network committee, where he's a passionate spokesman inspiring other young people to follow in his footsteps. I chat to Enrik about what inspired him to get into mining, how he did it, and what excites him about the future of the industry. Enrik's journey so far shows there really are great opportunities for young people in mining if only they are aware of them.   We also chat about: The AusIMM and what it does How the New Professionals' Network helps build careers What it's like to study at the WA School of Mines in Kalgoorlie The benefits of on-site learning Changing the negative perceptions of mining Increasing the awareness of new technology and innovation Getting young people excited by mining and its future The power of networking for young miners   Links: Australasian Institute of Mining and Metallurgy or AusIMM AusIMM New Professionals Network Facebook Group Enrik on LinkedIn

The impacts to business of the Federal budget, floating LNG, Euroz merger, Northern Star Resources, law firms and Hard Rock Cafe are all discussed this week with James Lush from Lush Digital and Mark Pownall & Mark Beyer from Business News. Subscribe to this podcast on iTunes by searching for 'business news'.

The impacts to business of the Federal budget, floating LNG, Euroz merger, Northern Star Resources, law firms and Hard Rock Cafe are all discussed this week with James Lush from Lush Digital and Mark Pownall & Mark Beyer from Business News. Subscribe to this podcast on iTunes by searching for 'business news'.