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Company News
Investors continue to pump money into mining shares as hard assets shine
Interest rates near zero or negative, uncertainty about whether we are heading for inflation or deflation, the growing global debt mountain, central banks prolifically printing money — all of these swirling scenarios may be creating an increasing appetite for metals as a hard asset. While the big funds can actually trade in metals derivatives, others […]
AuStar to begin production from historic Victorian gold mines
AuStar Gold (ASX: AUL) is to commence production this month from its historic Morning Star and Rose of Denmark mines in Victoria’s eastern goldfields, almost four weeks ahead of the original target date. Development activities including procurement and logistics began this week, with processing expected to start before month-end. AuStar said it had gained the […]
AuStar processes first gold from Rose of Denmark mine
AuStar Gold (ASX: AUL) has processed its first gold concentrate and poured its first gold ingot from the Rose of Denmark mine in Victoria’s eastern goldfields. This achievement comes just two months after the company poured the first gold in six years at its nearby Morning Star mine, and eight months after diamond drilling at […]
AuStar Gold pours first gold in six years at historic Morning Star mine
AuStar Gold (ASX: AUL) has poured the first gold at the Morning Star gold mine since 2012, achieving a new milestone for its investors and gold operations team. The company shared its first gold bar and maiden gold pour on its video channel with the market this afternoon. “It is very gratifying to be able to […]