Gold brings good luck—or at least that’s what most festivals suggest, including the upcoming Chinese New Year on January 22, 2023. It may be good ol’ folklore or maybe not, but one thing’s for sure: businesses that sell gold sure do get lucky during this time. In 2021, China saw a massive surge in gold
Read More
Despite Rio Tinto (ASX: RIO) originally saying the class action lawsuit brought against them over their Mongolian copper-gold project had no merit, the mining giant has agreed to settle the suit acknowledging that they hadn’t disclosed massive costs and delays for the project Rio Tinto operates the Oyu Tolgoi mine in Mongolia via its Canadian
Read More
With gold prices trading at all-time highs, many gold stocks have been pushing higher. In fact, many of them have been rising so hard, and for so long, that they are exceedingly expensive relative to their earnings. However, there exists an Australian base, producing gold miner that is still trading at a reasonable valuation, and
Read More
Its not too late to buy precious metals With gold hitting all-time highs across the past week, many investors are asking: ‘have I missed the move?’ While it might seem like buying in now is buying in at the absolute peak, there are many reasons to believe that gold will keep rising. Indeed, the positive
Read More
There are very little major shares on the ASX/S&P 200 (XJO) that still meet a dictionary definition of good value. Most shares are mathematically overpriced compared to historical averages by significant margins. Whilst there is plenty of cash flowing in the investing world, and investors are looking for somewhere to put cash, there is still
Read More
With gold prices still sitting at lofty heights, Theta Gold Mines (ASX: TGM) has taken a major step forward in their South African gold operations with the AUD $550,000 purchase of a ball mill. The secondhand mill was previously used by Glencore with independent expectations confirming the mill to be in excellent condition. The purchase
Read More