LA Private

April 2024

Westgold rained out

Wet weather across much of WA in the first three months of the year has forced Westgold Resources (ASX:WGX) to cut its full year financial year 2024 production guidance by more than 10 per cent until it sorts out the impacts on mining and output of the repeated bouts of rain and wet roads. Westgold

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Ramelius Resources abandons Karora takeover plans as gold output surges

Ramelius Resources has shelved its takeover ambitions for ASX listed Canadian miner, Karora Resources and revealed a surge in gold output for the March 31 quarter. And with Australian gold prices above $A3,000 for most of the quarter (and US dollar prices above $US2,000 an ounce as well, the company’s revenue looks like hitting record

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Gold vs Bitcoin

Gold prices have experienced an impressive surge this year, setting a record high. While stocks, bonds, and cryptocurrencies saw declines on Tuesday, goldcontinued its remarkable rally, marking its sixth consecutive day of gains. The S&P 500 dropped by 0.9 per cent on Tuesday, and Bitcoin experienced a 5 per cent decline over the past 24

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Stocks of the Hour: Great Northern Minerals, Ionic Rare Earths

Great Northern Minerals (ASX:GNM) announced today the highly encouraging testwork results from magnetic separation of lithium bearing minerals testwork at Kuusisuo, Finland. Dry magnetic separation techniques have produced exceptional results of between 96-98% recovery of lithium in magnetic mineral concentrates. Results are highly encouraging and provide support for potential cost-effective processing solutions at Kuusisuo. GNM Managing

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