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Gold

This Month

The surging gold price has been a big story of markets in 2024.

Fear, greed and Trump: this $5b deal is a part of gold’s global rush

The $5 billion tie-up between Northern Star and De Grey Mining is occurring against the backdrop of surging gold prices driven by three key forces. 

  • James Thomson
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ASX nears record; Northern Star’s $5b deal; Telstra buys Boost Mobile

Read everything that’s happened in the news so far today.

The Super Pit in Kalgoorlie is a major gold mine and has made Northern Star the country’s biggest producer of the precious metal.

Gold shines as Northern Star lobs $5b De Grey takeover

Analysts say the $5 billion offer is an opening shot in a potential bidding war as global uncertainty pushes gold to record highs and swells producers’ coffers.

  • Mark Wembridge and Elouise Fowler
Kiril Sokoloff.

This market guru learnt from Buffett and Soros. These are his big bets

Kiril Sokoloff has been calling market turning points for half a century. While he’s looking for his next big prediction, here are three of his current picks.

  • Jonathan Shapiro

November

Carnaby kicks off $15m raise to fund acquisition; Glencore cornerstone

Street Talk understands Euroz Hartleys was offering fund managers shares at 31¢ a piece.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
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The Fimiston Open Pit gold mine is known as the Super Pit and is one of the largest in the country.

Northern Star chief expects Trump to send gold price running

The company became the largest ASX-listed gold miner after Newmont’s $26 billion takeover of Newcrest. The gold price has soared above production costs.

  • Mark Wembridge

Billion dollar gold mine auction kicks off in Queensland

Owners of Ravenswood have spent close to $800 million on expansions and renovations in the past four years. Now it’s time to sell as prices for the yellow metal peak.

  • Peter Ker
Trump’s second term is expected to fundamentally shake up the global trade map.

Five macro trends to watch in Trump’s new world order

As economists and strategists scramble to forecast the likely impact of Donald Trump’s next four years in office, one thing remains sure – it’s going to be big.

  • Joshua Peach and Jonathan Shapiro
There are a lot of scenarios for investors to consider in Trump’s second presidency.

Top investors share five big ideas for Trump 2.0

As markets struggle to war game a Trump presidency, here are five big ideas that long-term investors can build on.

  • James Thomson
WIA Gold has hit the fund-raising trail after its shares gained 417 per cent in 12 months.

WIA Gold launches $30m placement; taps Petra Capital

The raise comes after WIA’s shares have rallied 417 per cent over the past year.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
The gold price has already run 30 per cent this year.

Here’s why gold has so much further to run

Gold has already risen 30 per cent this year to record levels, but there is still one ingredient missing that has been evident in previous bull markets, which could propel prices even higher.

  • Arian Neiron

October

Bitcoin has surged more than 70 per cent this year.

Investors flood into bitcoin, gold as Trump bets surge

Brokers are experiencing a wave of cash into cryptocurrencies and gold as investors ramp up bets that the former president will return to the White House.

  • Updated
  • Alex Gluyas
ASX-listed minnow Siren Gold is in midst of a bidder tug-of-war.

AustralianSuper-backed Federation Mining lobs bid for Siren Gold

The immediate task at hand, sources said, should be deferring the Rua vote and granting Federation a look at the books to firm up its offer.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Local investor demand for gold and silver bullion surged during the COVID pandemic, Ukraine invasion and recent hostilities in the Middle East.

Gold rally hits fever pitch as investors eye $US3000 price tag

Gold prices jumped to fresh all-time highs on Monday, unleashing a rally in ASX miners that pundits believe has much further to run.

  • Alex Gluyas

September

Delta Lithium is one of Hancock Prospecting chairwoman Gina Rinehart’s ‘future-facing’ bets.

Rinehart-backed Delta Lithium orders strategic review of WA gold mine

The process will target ASX-listed gold majors including Westgold Resources, Red5 and Gold Road Resources, which are trading strongly amid high gold prices.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
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FireFly Metals was raising $60 million on Tuesday morning.

Canadian gold explorer FireFly Metals taps four brokers for $60m raise

The placement has been priced at 95¢ a share and would be covered by a handful of offshore investors, sources said.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Investors have been enticed by the safe haven appeal of precious metals.

‘Stars aligning’ for breakout rally in gold, silver

Traders are piling into the precious metals ahead of the Federal Reserve’s hotly anticipated board meeting this week, extending a powerful rebound in resources stocks.

  • Alex Gluyas

The Beverly Hills wannabes and the betrayal of Ballarat

The collapse of a small-town gold mine has revealed how millions of dollars flowed to a network of Chinese businessmen. Now liquidators want the money back.

  • Peter Ker

Greatland Gold bound for ASX after Telfer deal

The top end of the ASX gold sector could get a shake up with the new owner of the Telfer mine, Greatland Gold, hoping to list within six months.

  • Peter Ker

Greatland Gold wants Telfer dams fixed before takeover

Andrew Forrest-backed Greatland Gold confirmed it is close to buying Newmont’s Telfer mine.

  • Peter Ker