Dateline chairman backs US gold, rare earths push with $1.95M bet

The West Australian06-26

When a company director puts their own cash on the line, it’s often seen as the ultimate vote of confidence in the business they steer. In the case of Dateline Resources, that vote just landed in the ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2646384043?lang=en_US&edition=fundamental","thumbnail":"https://images.thewest.com.au/publication/C-22489515/d001c344911166a4f43322a203ad5e1c0ab12dfe.jpg","is_english":true,"pubTime":"2026-06-26 02:40","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2646384043","market":"us","top_or_hot":-1,"title":"Dateline chairman backs US gold, rare earths push with $1.95M bet","media":"The West Australian","content":"<div>\n<p>When a company director puts their own cash on the line, it’s often seen as the ultimate vote of confidence in the business they steer. In the case of Dateline Resources, that vote just landed in the ...</p>\n\n<a href=\"https://thewest.com.au/business/bulls-n-bears/dateline-chairman-backs-us-gold-rare-earths-push-with-195m-bet-c-22489515\">Source Link</a>\n\n</div>\n","source":"thewest_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dateline chairman backs US gold, rare earths push with $1.95M bet</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDateline chairman backs US gold, rare earths push with $1.95M bet\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-06-26 02:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thewest.com.au/business/bulls-n-bears/dateline-chairman-backs-us-gold-rare-earths-push-with-195m-bet-c-22489515><strong>The West Australian</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When a company director puts their own cash on the line, it’s often seen as the ultimate vote of confidence in the business they steer. In the case of Dateline Resources, that vote just landed in the ...</p>\n\n<a href=\"https://thewest.com.au/business/bulls-n-bears/dateline-chairman-backs-us-gold-rare-earths-push-with-195m-bet-c-22489515\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"KGLD","symbol_name":"Kurv Gold Enhanced Income ETF","start_time":0,"source_url":"https://thewest.com.au/business/bulls-n-bears/dateline-chairman-backs-us-gold-rare-earths-push-with-195m-bet-c-22489515","article_id":"2646384043","we_media_id":null,"thumbnails":["https://images.thewest.com.au/publication/C-22489515/d001c344911166a4f43322a203ad5e1c0ab12dfe.jpg"],"rights":{"source":"thewest_stock","url":"https://thewest.com.au/business/bulls-n-bears/dateline-chairman-backs-us-gold-rare-earths-push-with-195m-bet-c-22489515","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2646384043","pubTimestamp":1782412807,"columns":[],"sourceInfo":{"source_id":"thewest_stock","name":"The West Australian"},"weMediaInfo":null,"summary":"Dateline Resources’ chairman Mark Johnson has ploughed $1.95M into the company by exercising options, upping his stake to 15.3%. The move signals strong confidence in its US gold and rare earths projects.","collect":0,"end_time":0,"defaultTopTitle":"thewest.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"KGLD":"Kurv Gold Enhanced Income ETF","AAAU":"Goldman Sachs Physical Gold ETF","USG":"USCF Gold Strategy Plus Income Fund","IAU":"黄金信托ETF-iShares","SGDM":"Sprott Gold Miners ETF","XME":"金属与采矿指数ETF-SPDR","UYM":"基础材料指数ETF-ProShares两倍做多","DGP":"二倍做多黄金ETN(PowerShares)","YGLD":"Simplify Gold Strategy PLUS Income ETF","IAUI":"NEOS Gold High Income ETF","BK4504":"桥水持仓","GOAU":"U.S. Global GO GOLD and Precious Metal Miners ETF","GDX":"黄金矿业ETF-VanEck","BK4588":"碎股","GLL":"2倍做空黄金ETF-ProShares","DBC":"商品指数ETF-PowerShares DB","BAR":"GraniteShares Gold Shares","GDXD":"MicroSectors Gold Miners -3x Inverse Leveraged ETN","RING":"iShares MSCI Global Gold Miners ETF","REMX":"VanEck Rare Earth and Strategic Metals ETF","IAUM":"ISHARES GOLD TRUST MICRO","GDXJ":"小型黄金矿业ETF(Market Vectors)","GDXU":"MicroSectors Gold Miners 3x Leveraged ETN","BK4207":"综合性银行","GBUG":"Sprott Active Gold & Silver Miners ETF","DUST":"二倍做空黄金矿业指数ETF-Direxion","PICK":"iShares MSCI Global Metals & Mining Producers ETF","BEGS":"RAREVIEW 2X BULL CRYPTOCURRENCY & PRECIOUS METALS ETF","OUNZ":"VanEck Merk黄金股票基金","GLD":"黄金ETF-SPDR","BTGD":"STKD Bitcoin & Gold ETF","JNUG":"金矿指数二倍做多ETF","SGOL":"Abrdn Gold ETF Trust","UGL":"2倍做多黄金ETF-ProShares","DZZ":"德银黄金两倍做空ETN","IGLD":"FT Vest Gold Strategy Target Income ETF®","GOLI":"Defiance Gold Enhanced Options Income ETF","JDST":"金矿指数二倍做空ETF","PHYS":"Sprott Physical Gold Trust","DULL":"MICROSECTORS GOLD -3X INVERSE LEVERAGED ETN","CEF":"Sprott Physical Gold & Silver Trust","GLDM":"SPDR Gold MiniShares Trust","GDXY":"YieldMax Gold Miners Option Income Strategy ETF","BK4585":"ETF&股票定投概念","DGZ":"做空黄金ETN(德银)","FGDL":"FRANKLIN RESPONSIBLY SOURCED GOLD ETF","GOLY":"Strategy Shares Gold Enhanced Yield ETF","BGLD":"FT Vest Gold Strategy Quarterly Buffer ETF","GLTR":"abrdn Physical Precious Metals Basket Shares ETF","GLDY":"Defiance Gold Enhanced Options Income ETF","SHNY":"MICROSECTORS GOLD 3X LEVERAGED ETN"},"translate_title":"Dateline董事长以195万美元的赌注支持美国黄金和稀土的发展","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XME":1.5,"BGLD":0.6,"AAAU":1.5,"GBUG":1.5,"GDXU":1.5,"CEF":1.5,"JNUG":1.5,"PICK":1.5,"DGZ":0.6,"IAUM":1.5,"PHYS":1.5,"FGDL":1.5,"KGLD":0.6,"DZZ":1.5,"GDXD":1.5,"RING":1.5,"USG":1.5,"BTGD":1.5,"JDST":1.5,"YGLD":0.6,"REMX":1.5,"IAUI":1.5,"UYM":1.5,"GLDY":0.6,"GLDM":1.5,"GDX":1.5,"SGOL":1.5,"DGP":1.5,"BEGS":1.5,"GDXY":1.5,"GLTR":1.5,"OUNZ":1.5,"GLL":1.5,"SHNY":1.5,"DULL":1.5,"IAU":1.5,"BAR":1.5,"DUST":1.5,"IGLD":0.6,"GOAU":1.5,"GDXJ":1.5,"GOLY":1.5,"SGDM":1.5,"GOLI":0.6,"DBC":1.5,"GLD":0.6,"UGL":1.5},"content_text":"When a company director puts their own cash on the line, it’s often seen as the ultimate vote of confidence in the business they steer. In the case of Dateline Resources, that vote just landed in the form of a massive $1.95 million cheque from its non-executive chairman, Mark Johnson.The company says Mr Johnson exercised a parcel of 97.6 million listed options, with the cash heading directly into Dateline’s coffers and lifting his personal stake in the company to a significant 15.3 per cent.The move appears to be a powerful signal from the boardroom, as Dateline pushes ahead with its impressive portfolio of gold and critical minerals projects in California. The timing is particularly noteworthy, coming after the company recently tabled a bankable feasibility study, or BFS, for its flagship Colosseum gold project in California that projected some seriously robust economics.Released last month, the BFS for Colosseum is underpinned by a JORC-compliant mineral resource of 27.1 million tonnes grading 1.26 grams per tonne gold for 1.1 million ounces. The study outlined a high-margin gold project with a pre-tax net present value of US$785 million (A$1.14 billion) and a handsome pre-tax internal rate of return of 49.5 per cent.Those numbers were based on a gold price of US$4200(A$6090) per ounce, which is slightly above current spot prices of US$4040(A$5855). However, the study’s high margins suggest it would likely remain profitable even at more conservative gold prices.With such metrics on the table, Dateline has wasted little time moving the project towards the start line. It recently appointed Vancouver-based GenCap Mining Advisory to lead the project financing process and has also locked in project management consultants Alvarez & Marsal as its construction manager to deliver Colosseum on time and on budget.But the story at Colosseum isn’t just about gold. The project is also considered prospective for heavy rare earth elements (HREE). It also strategically sits just 10 kilometres north of the giant Mountain Pass rare earths mine, the only scaled rare earths mining and processing operation in North America.To put that in perspective, the adjacent Mountain Pass mine holds a hefty mineral resource of 49.7 million tonnes grading an impressive 6.68 per cent total rare earth elements (TREO). Dateline says it’s focused on the dual-commodity prize and has already kicked off drill testing at Colosseum for critical and strategic HREE’s such as dysprosium, terbium and yttrium.Beyond Colosseum, Dateline has been busily consolidating its landholding at its Music Valley heavy rare earths project, also in California. The region is known to host HREE mineralisation from historical United States Geological Survey rock chip sampling, but it has never been subjected to modern exploration techniques. It appears to represent a significant blue-sky opportunity for the company.Rounding out its American portfolio in California is the Argos strontium project, reportedly the largest strontium deposit in the United States and sits a mere 100 kilometres from Colosseum.It’s one thing for a company to talk up its assets, but it’s another thing entirely for its chairman to put nearly A$2 million of his own money on the table. Mr Johnson’s sizable investment suggests the view from the top is that Dateline’s projects in the resource-rich grounds of California hold some serious promise.With a high-margin gold project marching towards development and a budding rare earths story taking shape next to a world-class producer, his bet may just be a well-timed one.Is your ASX-listed company doing something interesting?Contact: matt.birney@wanews.com.au","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"shareholding","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.1","shortVersion":"4.44.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2646384043","isCrawlerRequest":true}