Do you know exactly where your savings are right now? Central banks are asking the same question about their gold. DNB, the Dutch one, recently shifted around 86 tonnes from North America to London. DNB says it’s about being ready for a crisis. London is the world’s gold trading hub, so gold kept there can be sold fast if DNB ever needs cash. So where’s Australia’s? The RBA says 99.9% of it is already in London, for the same reason. And its auditors checked the bars there last year. Here’s TSN’s Take. It’s not just what you own. It’s where it is, and how fast you can get to it. Would you keep gold overseas? Let us know what you think in the comments.

#stocks #finance #gold #mining #investing

Has your house ever gone up in value without you renovating it? Gold miners experience the same thing. Their gold can grow without them finding much more. Astral Resources (ASX:AAR) just said the gold at its Spargoville project in WA has jumped 102%, with only a “modest” amount of new drilling.

The company says the biggest reason was the gold price. It lifted its price assumption from $3,500 to $4,500 an ounce. At that price, lower-grade rock becomes worth digging up. So the planned pit gets bigger, and more gold gets counted. Here’s TSN’s Take. A gold resource is a bit like your house value. It depends on what the market will pay, not just the bricks. What should we decode next? Tell us in the comments!

#gold #mining #ASX #stocks #fintok

Southern Palladium (ASX:SPD, JSE:SDL) Executive Chairman Roger Baxter joins The Stock Network at the @goldeventaus, hosted by @thatgoldlady, to discuss the updated Prefeasibility Study for the Bengwenyama PGM-chrome Project in South Africa, which more than doubled post-tax NPV to US$1.96 billion and lifted post-tax IRR to 39.1%.

⛏️ Transforming Bengwenyama into a PGM-chrome co-product operation
🔎 Lifting chrome recovery to 85.6% through DFS-level metallurgy
📈 Strengthening project economics ahead of financing and development

49 Metals (ASX:49M) Managing Director Phil Carter joins The Stock Network at the @goldeventaus, hosted by @thatgoldlady, to discuss the next phase of drilling at Gold Mountain in Nevada, following a successful maiden campaign that intersected gold and/or silver mineralisation in all 22 holes.

⛏️ Fast-tracking a 3,500m drilling program at Gold Mountain
🔎 Expanding the Adit Zone and testing higher-grade structures
📈 Exploring the scale and growth potential of a broad gold-silver system

EBR Systems continues its US rollout of the WiSE® CRT System, the world`s only wireless cardiac pacing device for heart failure. Since last speaking with The Stock Network in June, the number of physicians trained to implant WiSE® has reached one hundred, and EBR has now signed more than fifty hospital purchasing contracts. EBR Systems Chief Corporate Development Officer Andrew Shute joins The Stock Network`s Lel Smits to discuss Medicare payments, hospital uptake and the move to in-house manufacturing.

🏥 Gaining higher Medicare hospital payments for WiSE® procedures
🫀 Deepening WiSE® utilisation inside activated hospitals
⚕️ Preparing Santa Clara WiSE® manufacturing for FDA approval

When is a gold ounce not a gold ounce? When it’s something miners call a “gold equivalent ounce”. Canadian miner DPM Metals (ASX:DPM) just reported 97,000 of them for the September quarter. But only 53,000 were actual gold. The rest? Silver, copper, zinc and lead. All counted as gold, based on what each metal was worth that quarter. So when those metal prices move, the gold figure moves too.

DPM’s newest mine, in Bosnia, produced about 45,000 of those ounces. Only around 10,000 were actually gold. Here’s TSN’s Take. Always read past the headline number because all that glitters isn’t gold. Sometimes it’s silver, zinc and lead.

#gold #mining #ASX #stocks #investing

Sea Forest (ASX:SEA) signs a distribution agreement with leading beef processor and exporter Teys Australia. The agreement increases the total number of cattle under agreement to use Sea Forest’s methane-reducing SeaFeed product from 131,000 to 541,000, including existing cattle already contracted with Teys.

🐄 480,000 cattle target: Sea Forest and Teys Australia aim to reach at least 480,000 head of cattle using SeaFeed by June 2027, including cattle within Teys’ customer network.
🤝 Exclusive distribution deal: Teys Australia will exclusively distribute SeaFeed to the beef industry in Australia and New Zealand during the agreement, subject to meeting purchase volume targets.
🌱 Existing feedlot use: Teys will continue using SeaFeed at its Jindalee, Charlton and Condamine feedlots, with use expected to cover approximately 70,000 cattle at full utilisation.
📅 Agreement through 2030: The initial agreement runs until 30 August 2030, with options to extend by mutual agreement. Product pricing will be agreed between the two companies.

“This is a transformational commercial milestone for Sea Forest and a step change in accelerating industry-led adoption of methane reduction technology for the Australian agricultural sector.” – Sam Elsom, Sea Forest Managing Director and CEO

What happens when a gold miner doesn’t lock in its price? West African Resources (ASX:WAF) just reported a record quarter. It produced almost 128,000 ounces of gold. But it got paid less per ounce than earlier this year. Why? Gold came off its highs, and West African is unhedged, so it takes whatever the market pays. Some other miners lock in a price ahead of time. That`s hedging.

Think of it like your mortgage. Hedging is a fixed rate, and unhedged is variable. When gold soars, West African Resources gets the upside. And when gold dips, it feels the drop. Here`s TSN`s Take. The gold price tells you what gold`s worth. The hedge tells you what a miner actually gets paid.

#gold #mining #ASX #stocks #investing