Articles On Aruma Resources (ASX:AAJ)

V-Con is Stockhead’s investing focused video conference series, bringing you expert insights, panel discussions and presentations from leading analysts, listed small caps and industry players. This latest video conference focuses on the EV...

Gold bugs would be breathing a sigh of relief this week as the price stabilises just shy of $US1,800/oz ($2,463/oz Aussie) thanks to Monday’s healthy 1.5% gain. While there are plenty of other red hot sectors attracting investor dollars rig...

Roskill forecasts demand for nickel chemicals to grow by over 500% between 2021 and 2030 It’s not just metals: battery makers are also getting hit with sharp price rises and supply shortages for non-active materials Several lithium players...

Junior explorer Aruma Resources is on the verge of a maiden reverse circulation drill program at its Mt Deans lithium project about 10km south of Norseman in Western Australia, following the recent completion of a requisite comprehensive fl...

The gold price itself had 12 months of consolidation. Now we are entering a new stage of a bull market which Barry Dawes of Martin Place Securities believes “will take it much, much higher”. In the big scheme of things, the pullback we have...

The broader ASX continued its losing streak, shedding another 0.5% while the benchmark ASX 200 closed at 7,465 points, which is 2.2% lower than last Friday’s close. Health and consumer discretionary goods were rays of sunshine with gains of...

On Sunday, a chaotic ‘flash crash’ saw the gold price plummet into the $US1600s per ounce before staging a mild recovery. Experts mostly point to a better than expected jobs report out of the US for heavy selling that saw the traditional he...

While COVID-19 continues to wreck havoc across NSW, the ASX remained in a state of zen on Wednesday, as local stocks eased to new record highs. The ASX 200 finished around 0.3% higher to close at 7,584, outpaced by the microcap Emerging Com...

While COVID-19 continues to wreck havoc across NSW, the ASX remained in a state of zen on Wednesday, as local stocks eased to new record highs. The ASX 200 finished around 0.3% higher to close at 7,584, outpaced by the microcap Emerging Com...

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel and vanadium. Last week, ASX lithium stocks went mental. The spark was Pilbara Minerals (ASX:PLS)  with its announcement that t...

Positive share price momentum for lithium stocks continues into new week Explorers mentioned in Stockhead’s  ‘Cheapest lithium-facing stocks on the ASX’ yarn making market-leading gains Winners include Ardiden, Aruma, Reedy Lagoon, Charger...

As an uncorrelated asset – value not tied to larger fluctuations in the traditional markets — gold has had “its lunch cut a bit” by crypto, PCF Capital’s Liam Twigger says. “There is an article in the last Economist asking, ‘what happens if...

Strong consumer buying and modest institutional investment helped create gold demand of 955.1 tonnes over Q2 – a 9% rise from Q1 2021, and in line with the equivalent period last year. While both consumers and retail investors were purchasi...

Aruma Resources says it is finally “locked and loaded” and ready to set off an avalanche of drilling starting in August at its pipeline of key projects in Western Australia after securing a series of state regulatory approvals for its plann...

It is no longer just lip service — to create max value for shareholders, miners know they need good Environmental, Social and Governance (ESG) credentials. Failing to maintain good relationships with stakeholders (like governments, local co...

ASX-listed junior explorer Aruma Resources has sniffed out a trio of encouraging historical shallow gold hits from drilling carried out almost a quarter of a century ago at its Scotia South gold project about 60km south of Norseman in WA.

Gold had its worst month since November 2016 in June, down 7% to $US1,779/oz. Mining and exploration stocks have followed suit. This bearish trend creates a buying opportunity, experts say. Boutique investment advisory firm head Frank Holme...

Aruma Resources is set to increase its exploration ground-holdings at its Saltwater gold project in WA’s Pilbara region. Its application for an adjoining exploration licence covers the “prospective” Spinifex dome structure north-west of the...

The market giveth and the market taketh. Truer words have never been spoken with gold prices diving nearly US$100 in less than a day after the US Federal Reserve signalled higher inflation and that interest rates could rise twice by 2023. G...

Gold is re-starting its bull rally as two major obstacles — higher US Treasury yields and Bitcoin — fizzle. “Strong headwinds from parabolic Bitcoin and rising bond yields appear to have run their course,” Bloomberg Intelligence senior comm...

WA-focused gold and lithium explorer Aruma Resources is firing up the drill rigs in the second half of 2021 with maiden drilling programs planned for prime locales in the Pilbara and south of Norseman. The work includes keenly anticipated f...

Gold’s rally ran out of puff this week, with the precious metal dropping about 2% below ~$1US1,870/oz at Thursday close. Kitco’s Jim Wyckoff calls it “routine profit taking”. “Importantly, the price uptrend in gold on the daily chart remain...

Over the past two months the gold price has turned a corner, up ~12.7% to a high of $US1898/oz. That’s a four month high, erasing almost all of 2021’s losses. The share prices of local gold stocks have responded in kind. Over the past month...

Are large Bitcoin investors moving back into precious metals? In a note to clients, JPMorgan said large institutional investors are dumping bitcoin in favour of gold, reversing a trend that’s played out over the last two quarters. “The bitc...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade. WINNERS Scrol...

The recovery in the gold price from its early March lows — ~$1,670s to over $1,825 currently — was mostly driven by the decline in real interest rates and, more recently a poor US jobs report and increasing inflation. US core inflation in A...

Aruma Resources continues to kick goals in its endeavours to grow its Australian project portfolio. Two licences have been awarded at the Melrose project in the Pilbara, growing the prospective stratigraphic trend to 13 kilometres in the go...

“When you stop growing you start dying,” is a saying the ASX’s largest gold miners have apparently taken to heart. While hopefully remaining cognisant of the expensive, value-destroying deals which occurred when gold last peaked in the 2010...

The gold price traditionally thrives on geopolitical drama. Heightened tensions in eastern Ukraine, the recent incident at an Iranian nuclear site, and news of an unofficial US delegation visiting Taiwan are recent reminders that 2021 will...

Singapore-based Asian American Medical Group (ASX:AAJ) was among the small cap names that ran red hot this week. Stockhead’s Hot Money Monday analysis is based on the Relative Strength Index (RSI) — a technical gauge which measures how trad...

Gold continues to trend upwards on the back of US dollar’s ongoing weakness and concerns about inflation, so it’s unsurprising that the majority of gold plays on our watchlist have marked gains this week. The previous metal is currently tra...

The gold price may have languished slightly in 2021, but the number of gold IPOs certainly has not. Here’s what the newest ASX gold explorers are doing, where they are doing it, and why investors should care.   KINCORA COPPER (ASX:KCC) The...

Strange to think that it is a year since the world was turned upside down when the World Health Organisation declared COVID-19 a worldwide pandemic in mid-March 2020. In the week that followed the price of gold tumbled nearly $US200 to $US1...

Aruma Resources has unveiled plans to undertake a maiden round of RC drilling at its Mount Deans lithium project approximately 10 kilometres south of Norseman in WA. Mount Deans contains a “swarm” of 71 recognised pegmatites covering 4.5km...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest movers – the winners and losers alike. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday t...

Source:qvist Shutterstock Summary Dateline Resources has announced that it has accepted a detailed offer of funding from a US-based lender for US$6,843,000. Mount Ridley’s share price has notched up by 33.3 per cent to A$0.004 with a...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

A recent round of support for gold has seen the price consolidate above $US1,700 an ounce. However, with policy support from central banks, US stimulus and employment growth — underpinned by big infrastructure projects — you’d “expect gold...

Aruma Resources’ maiden RC drilling campaign at its Saltwater gold project in WA’s Pilbara region has returned a cluster of encouraging gold sniffs that the company says may be the makings of what it calls a “new gold camp”.

For goldies, 2020 was a year when good news was rewarded, and great news celebrated. The precious metal has gained about 22 per cent year-to-date despite treading water since mid-August. And there’s a strong chance 2021 will start off with...

ASX-listed gold explorer, Aruma Resources, is gearing up for a maiden drilling program at its Saltwater gold project about 100km south-west of Newman in WA’s resurgent Pilbara goldfields province. Despite the current resources exploration b...

Shares in Western Australian exploration gold explorer Aruma Resources Ltd [ASX:AAJ] are flat today, with the company announcing drilling approval at its Saltwater Gold Project. The upward momentum the AAJ share price enjoyed through July–S...

Aruma Resources has agreed to sell its Slate Dam gold project in WA’s Eastern Goldfields to its neighbour, ASX-listed gold explorer, Black Cat Syndicate, for $500,000 cash, with the deposit of $50,000 already paid and the balance due on set...

Black Cat Syndicate (ASX: BC8) has increased its gold project resource east of Kalgoorlie in Western Australia to 826,000 ounces after buying three nearby projects and is now eyeing lifting that to 1 million ounces. The company is paying Ar...

A quick wrap of the ASX’s key winners and losers on Tuesday, September 8. Data is taken after the market closes at 4pm AEST. Stocks highlighted in yellow made market-moving announcements during the day. Today 837 stocks rose, 504 declined a...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

The capital raising wave shows no sign of crashing with August’s total coming in at $4.7bn. Once again resources companies raised more than any other sector — $163m of the $296m raised by companies with market capitalisations below $100m. F...

Aruma Resources Ltd [ASX:AAJ] said today they found more ‘highly anomalous gold mineralisation’ at the Melrose Gold Project. Aruma is an ASX-listed junior gold explorer with projects in Western Australia and New South Wales. Highly anomalou...

Aruma Resources’ innovative approach to exploration is already paying dividends at its Melrose project on the southern margin of the Pilbara, with the explorer racing to peg two new tenements after identifying new zones of gold mineralisati...

The gold price was steady in Asian trade Wednesday at $US1,927/oz ($2,679/oz) and off its early August high of $US2,036oz as the yellow metal competed with record US stock indices for investor attention. The tech heavy Nasdaq index soared 0...