ASX Market Update: Gold stocks lead Index higher | September 13, 2024

ASX News Market Summary
13 Sep 2024 13:53 (AEST)

The ASX200 has been up 0.22% at 8,095 points.

Gold has hit a new high of US$2,567 per ounce as some investors flee to this safe haven, prior to the anticipated US Fed Rate cut next week.

The Materials Sector has been leading the market higher and is up 1.9%, followed by Real Estate, up 1.5% and Energy around 09.%. Financials has been the biggest loser today, down 0.6%.

Company News

Anson Resources Ltd (ASX:ASN) has received final approval from the State of Utah for lithium extraction at its Green River project.

The approval is the first one in the state to refer to a large-scale lithium project.

Anson Resources has been trading flat at 9.7 cents.

Antipa Minerals Ltd (ASX:AZY) has been up more than 20% after selling its interest in the Citadel Project in Western Australia, to JV partner Rio Tinto for $17 million.

Antipa has been around 1.7 cents.

And Mako Gold (ASX:MKG) has been up 11% after collecting grades of up to 170 grams per tonne of gold from rock chip sampling at the Komboro prospect of its flagship project in the Ivory Coast.

The company geologists have been progressing mapping work at the project, along the West African Birimian Greenstone Belt.

Mako Gold has been trading at 1 cent.


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