In this issue: key stocks are providing outperformance, gold demand remains robust, and we talk about the mixed results in the gold sector. Read this latest Dawes Points to better understand the global forces that drive resources sector investment.
Key Points

- US gold price up 10.3% in 2017 to US$1268/oz

- A$ Gold price back above A$1700.

- Asian gold demand remaining robust

- Australian Gold production forecast up 16% to 345t for FY20

- MPS Gold Producers Universe 17 stocks FY18 PER 7.1x, FY19 6.6x

- Universe gold production to rise 15% to 5.2moz (excluding Newcrest) by FY19

- Excellent opportunities in Australian Gold Stocks

- North American stocks picking up, royalty companies leading

Preferred stocks:

- Northern Star Resources Ltd (ASX:NST)
- Tribune Resources Ltd (ASX:TBR)
- St Barbara Ltd (ASX:SBM)
- Evolution Mining Ltd (ASX:EVN)
- Newcrest Mining Limited (ASX:NCM)
- Gold Road Resources Ltd (ASX:GOR)
- OceanaGold Corporation (ASX:OGC)
- Cardinal Resources Ltd (ASX:CDV)
- Eastern Goldfields Ltd (ASX:EGS)
- Blackham Resources Ltd (ASX:BLK)
- Perseus Mining Limited (ASX:PRU)
- ARK Mines Ltd (ASX:AHK)
- Torian Resources Ltd (ASX:TNR)
- Pantoro Ltd (ASX:PNR)
- Stonewall Resources Limited (ASX:SWJ)
- Catalyst Metals Ltd (ASX:CYL)
- WPG Resources Ltd (ASX:WPG)

Call me to discuss ways of participating.



About Martin Place Securities

Martin Place Securities is Australia's Boutique Resources Investment Firm, specialising in emerging mining, resources and energy companies.

MPS was founded in October 2000 to provide a link between Australian resource sector opportunities and investors from major financial centres in Europe, North America and China. We are well known for identifying and financing early stage prospects that develop into successful growth companies.

MPS provides services in Corporate Advisory, Stockbroking, Investment Research and Education.

   

Contact

Barry Dawes
Martin Place Securities
T: +61-2-9222-9111
E: bdawes@mpsecurities.com.au
WWW: www.mpsecurities.com.au




Related Companies

WPG Resources Limited
            

Tribune Resources Nl

Torian Resources Limited

Stonewall Resources Limited

St Barbara Limited
       

Royal Gold Inc.

Randgold Resources Ltd

Perseus Mining Limited
            

Pantoro Ltd

Oceanagold Corporation
  

Northern Star Resources Ltd
            

Newmont Mining Corp
       

Newcrest Mining Limited
       

Martin Place Securities
  

Kinross Gold Corporation
         

Gold Road Resources Limited
            

Franco-Nevada Corporation

Evolution Mining Limited
  

Eastern Goldfields Ltd

Catalyst Metals Ltd
     

Cardinal Resources Ltd
   

Blackham Resources Ltd
   

Barrick Gold Corporation
        

Ark Mines Limited
      


Related Industry Topics:
Metals Financial General Materials General Mining Gold Zinc Copper Silver