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Gold Road Resources Ltd (ASX:GOR) is pioneering development of Australia’s newest goldfield, the Yamarna Belt, in WA. Gold Road is also a 50:50 joint venture partner in a tier one gold operation at Gruyere, WA. The company commenced its journey in 2004 as a private company called Faulkner Resources Pty Ltd, later being renamed Eleckra Mines in 2006 and finally, Gold Road Resources in 2010.
The Australia share market retreated to a six-month low on Tuesday, as global markets felt the pressure from surging bond yields – despite, in Australia’s case, the Reserve Bank leaving the official cash rate on hold at 4.1 per cent, for a fifth straight month.
The S&P/ASX 200 (ASX:XJO) gained just six points to start the week as AMP (ASX:AMP) and Star Entertainment (ASX:SGR) shares made headlines.
Following another tough day on Wall Street last Friday, the price of gold has continued to rally. Do ASX investors need gold exposure?
The Gold Road Resources (ASX:GOR) share price is currently one of the best performers in the ASX 200 (ASX: XJO) after its June 2021 update.
The S&P/ASX 200 (ASX:XJO) overcame a negative lead to finished flat on Monday. COVID stocks like travel and online retailers are in focus.
Shares in Gold Road Resources Limited (ASX: GOR) were up nearly 10% earlier today after releasing strong FY20 results as well as the announcement of a maiden dividend. Here are the details.
ASX shares are currently suffering from uncertainty relating to Europe as COVID-19 cases surge across the UK and the EU.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.26% at lunch.
Shares in ASX gold miners such as Newcrest Mining Limited (ASX:NCM) have tumbled lower today after the spot price for the precious metal fell nearly 2% overnight.
