From Benzinga's 'Metals & Mining' Conference: Austin Gold President, Dennis Higgs Says Co's Gold Price Forecast Ranges From $2000/oz To $35,000/oz In The Next Decade
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6-K - Austin Gold Corp. (0001817740) (Filer)
6-K - Austin Gold Corp. (0001817740) (Filer)
6-K - Austin Gold Corp. (0001817740) (Filer)
Vancouver, British Columbia--(Newsfile Corp. - May 11, 2023) - Austin Gold Corp. (NYSE:AUST) ("Austin" or the "Company") reports the results of its annual general meeting (the "Meeting") of shareholders held on May 10, 2023 in Vancouver, British Columbia. A total of 7,412,259 shares were represented in person or by proxy at the meeting, being 55.85% of the issued and outstanding shares at the record date. A summary of the Meeting results is outlined below.Election of DirectorsNumber Voted ForPercentage Voted ForJoseph J. Ovsenek as Director6,749,88991.06%Dennis L. Higgs as Director6,749,76291.06%Kenneth C. McNaughton as Director6,749,76291.06%Barbara A. Filas as Director6,749,88791.06%Benja
SummaryAUST has received approval from the Bureau of Land Management ("BLM") for its planned drilling program at its Miller Project located at the southern end of the Carlin gold trend in Elko County, Nevada;AUST plans to drill the Miller Project in July, subject to weather conditions and drill rig availability;AUST is continuing to work with the State of Oregon to process the Exploration Permit for the Stockade Mountain Project, Malheur County, Oregon;AUST plans to drill Stockade Mountain in late spring or early summer, subject to permitting, weather conditions, and drill rig availability;AUST continues data compilation, evaluation, and drill targeting on its Lone Mountain Project, Elko Cou
SummaryAUST has completed an initial drilling program on the Fourmile Basin Project, Nye County, Nevada;AUST has received drill permits from the BLM for the Stockade Mountain Project, Malheur County, Oregon, but is waiting for the State of Oregon to process the Exploration Permit that was submitted in November 2022;AUST plans to drill Stockade Mountain in the spring, subject to permitting, weather conditions, and drill rig availability;AUST continues to advance drill permitting for its Miller Project, Elko County, Nevada.AUST plans to drill the Miller Project in the spring or early summer 2023, subject to weather and ground conditions, and drill rig availability;AUST continues data compilati
The price of gold reached all-time high of over $2,200 per ounce this week, reacting positively to the indications emerging from the latest Federal Open Market Committee (FOMC) meeting in which policymakers reiterated their intentions to cut interest rates three times in the current year. The precious metal already surged by 6% this month, marking its fourth positive week out of the last five, sparking a revival in gold mining stocks. In a recent note from Bank of America published this week, analysts reiterated gold remained one of the favored trades for 2024, citing three key drivers: its hedge status against global stocks, central banks’ accumulation of gold at record levels and the
Precious metals surged once again in response to Fed Chair Jerome Powell‘s recent statements hinting at potential monetary policy easing in 2024, contingent upon further positive data on inflation and growing confidence that price pressures will align with the 2% target. Gold prices, as gauged by the SPDR Gold Trust (NYSE:GLD), soared 0.8% to $2,150/oz during midday trading in New York, surpassing the previous peak of $2,146/oz set in December 2023. The yellow metal is now on track for its seventh consecutive day of gains. Similarly, silver experienced a notable 2.2% rally, reaching $24.20/oz, its highest level since the end of December 2023. Since the beginning of the month, both gold
Top Stories for March 5, 2024: 1. MP Materials Corp. (NYSE:MP) announced a private offering of $650 million in 3.00% convertible notes due in 2030 to qualified institutional buyers, with an option for initial purchasers to buy up to an additional $97.5 million within 13 days. The offering reported on Monday was increased from $500 million, and is set to close on March 7, 2024. Additionally, the company engaged in capped call transactions to raise the conversion premium to 100%, repurchased 12.3 million shares for about $191.6 million and used roughly $358.4 million of the proceeds to buy back $400 million of its 2026 convertible notes. 2. Cleveland-Cliffs Inc. (NYSE:CLF) is also upsizing
SC 13D - Austin Gold Corp. (0001817740) (Subject)
SC 13D - Austin Gold Corp. (0001817740) (Subject)
SC 13D - Austin Gold Corp. (0001817740) (Subject)