Articles On Emerald Resources (ASX:EMR)

Dissident Chinese shareholders of Bullseye Mining have launched a hostile takeover bid for the unlisted public company rivalling an agreed offer from Emerald Resources.

ASX investors got back in the risk saddle on Wednesday, with steady gains across the large cap indexes and a 1.7% jump for the microcap Emerging Companies index. The catalyst appeared to be comments from US Fed Chair Jerome Powell overnight...

It was a lacklustre session for local stocks in Tuesday trade, as the ASX 200 limped into the close with a fall of 0.77% while the microcap Emerging Companies index traded flat. In an environment of rising bond yields, the broader tone is s...

Local stocks made a cautious start to the week, following a fairly volatile trading period last week as jitters stemming from rising bond yields dimmed risk sentiment on global markets. The ASX 200 opened in the red before clawing back some...

Emerald Resources (ASX:EMR) has hit a snag in its bid to takeover unlisted Australian gold miner Bullseye after a long-term dissident shareholder of the target made an application to the Takeovers Panel to block the bid. Frictions between B...

Fin Resources snaps up an additional licence in WA’s Pilbara region  Auroch  to kick start drilling next week at flagship Saint nickel project Emerald Resources declares takeover offer for Bullseye Mining unconditional  Here are the bigge...

Emerald Resources NL (EMR) declares its takeover offer for Bullseye Mining Limited unconditional and accelerates payment terms The company is acquiring the unlisted miner for $117 million, issuing one new EMR share for every 3.43 Bullseye...

The past fortnight saw ~$62.79m in big director sales and a more modest ~$20.5m in buys but the biggest buy of the week came from a relatively new gold producer. Emerald Resources (ASX:EMR) director Ross Stanley bought just over $1 million...

Copper is surging, and the majors are out in force looking to shore up resources and take advantage of the market. But uncertainty remains around where supply will come from. The copper price has more than doubled since April last year and...

Beleaguered gold play Bullseye Mining has welcomed a $117 million scrip offer from Cambodian-focused Emerald Resources as it fights legal action on several fronts.

The Emerald Resources NL (ASX: EMR) share price is climbing higher today after breaking a 6-session long trading halt with news of a major acquisition. The gold miner has offered to take over its unlisted Australian peer, Bullseye Mining L...

Emerald Resources (EMR) will move ahead with its planned acquisition of Bullseye Mining for $117 million The gold explorer will issue one new EMR share for every 3.43 Bullseye shares held, after the unlisted company recommended the takeove...

The freeze on the Emerald Resources NL (ASX: EMR) share price has been extended today as the company prepares to release some potentially big news. According to the gold producer, explorer, and developer, it is getting ready to announce a...

The ASX returned to positive territory today as investors began to shrug off fears of the omicron variant, but the bourse is still well below levels seen last week. While utilities lost over 1%, most other sectors gained with telcos being t...

ASX recovered some lost ground in arvo trade but still finished 0.54% down, as markets continue to be shaken by the discovery of the omicron variant of COVID-19 and falling oil prices. Resources and tech managed to finish in the green – by...

In recent years attitudes towards African mining stocks have arguably changed as investors have become more risk averse and sensitive to both ESG and geopolitical risk. The words “Tier 1 jurisdiction” are becoming more prominent in the lexi...

If Emerald Resources (ASX: EMR) was producing gold in any country other than Cambodia it would be attracting much greater investor attention thanks to its low costs, high-class management and the backing of a specialist gold fund ready to f...

The Emerald Resources NL (ASX: EMR) share price is soaring today on the back of an update on the company’s Okvau Gold Mine. Emerald has announced the mine’s commissioning is complete and it has ramped up to full production. At the time of...

Summary Afterpay jumps on plans to expand reach with U.S. merchants Althea enters South African cannabis market worth US$667 million Bluechiip shares close strong on a settlement agreement with Labcon North America The S&P/ASX...

Summary The ASX 200 closed lower for the second day in a row, falling 0.32% to 7,275.30. The ASX health care and energy stocks were among top losers, while tech and consumer staples emerged as top gainers. Australian retailer Woolwort...

Emerald Resources NL (ASX: EMR) shares surged in morning trade after the mining company released a progress update on its 100% owned, flagship Okvau gold mine. The company announced it had its maiden gold pour, producing two gold bars weig...

A SMALL but significant step has been completed in the newly commissioned gold room at Emerald Resources' 1.14 million ounce Okvau mine in ...

The ASX is pulling off a near perfect imitation of a roller coaster, pulling back 0.6% following yesterday’s 1.4% gain and Monday’s 1.8% fall, or an overall drop of 1% for the week. The ASX 200 closed at 7,299 while the ASX Emerging Compani...

The ASX has gained nearly 1.5 per cent per cent today, rebounding from a big Monday selloff. Once again the local bourse followed Wall Street – which has seemingly put concerns over interest rates to the side for now. The ASX 200 closed 1.4...

Most of the big names in Australian gold mining have had a rough ride recently as the gold price has struggled to reclaim last year’s all-time high, but it’s a different story at the small end of the game where exploration success is the ke...

WITH news out today Emerald Resources is now commissioning its Okavu gold project in Cambodia, the contest between two teams formerly together ...

As good timing goes, Emerald Resources’ (ASX:EMR) is exquisite with gold prices remaining close to the US$1,900 ($2,448.8) per ounce mark as it starts first ore feed and wet commissioning of its Okvau gold processing plant in Cambodia. The...

“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 Emerald Resources NL (ASX: EMR) share price is climbing today after the company announced its Okvau Gold Project is on track for commissioning in the second quarter of 2021. The Emerald share price has risen 1.2% today to 82 cents per...

Exploration company RareX (ASX: REE) has secured a $2.75 million investment by prominent resources identity Simon Lee via a placement comprising 25 million new and fully paid ordinary shares at $0.11 each. The placement will strengthen Rare...

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...

The sudden drop in spot gold prices and reintroduction of COVID-19 restrictions in New Zealand have hit the relevant ASX small caps this morning. After 100 days of being virus-free, four COVID-19 cases were detected in the country. New Zeal...

Great Western Exploration (ASX: GTE) has received commitments from professional and sophisticated investors to raise approximately $2.5 million by way of a placement of new fully paid ordinary shares in the company at an issue price of 18c...

S&P Dow Jones Indices has announced the quarterly rebalance of the entire S&P/ASX index hierarchy, revealing which companies have been added and removed. This review of the ASX’s major indices – the S&P/ASX 20, 50, 100, 200, 300...

Your weekly recap of the news driving ASX small cap gold stocks. The major gold miners were obliterated alongside everyone else last week. The ASX’s big three producers – Newcrest Mining (ASX:NCM), Northern Star (ASX:NST) and Evolution (ASX...

MACA has secured a $US230 million ($366 million) agreement with Emerald Resources to provide earthmoving equipment and mining services at the Okvau gold project in Cambodia. The scope of work includes loading, hauling, drilling and blasting...

11 Mar 2020 - Emerald Resources NL (ASX:EMR) is pleased to announce it has signed the Credit Agreement with Sprott Private Resource Lending for the US$60 million Okvau Debt Facilit…

Most explorers will never make a single dollar of profit — that’s just the nature of this speculative end of the market. Emerald Resources (ASX:EMR), Alt Resources (ASX:ARS) and FYI Resources (ASX:FYI) are three juniors that are actually ne...

The Maca Ltd (ASX: MLD) share price has dropped 1.71% lower today following the release of its results for the half year ended 31 December 2019. However, it should be pointed out that this drop is less than that of the S&P/ASX 200 (IND...

A simple ‘getting ready to drill’ update has sent gold explorer Golden State Mining (ASX:GSM) up nearly 92 per cent this morning. The company is preparing drill operations at its fully-owned Yule project in the Pilbara Craton region. It fol...

If you’re serious about investing in small gold explorers with big ambitions, and they have an orebody ready to go, cash in the bank to fund the project, and a high-class management team with a proven track record then it’s awfully hard to...

Short & Caught is Stockhead’s fortnightly recap of which ASX small cap stocks are heavily shorted. Stocks that are shorted have investors betting that they fall. Shorting works by selling stocks you do not actually own in the hope of bu...

Gold explorer Emerald Resources (EMR) is set to raise $75 million through a four-cent-per-share placement The company will issue almost two billion new shares at four cents each to raise the funds The new cash will be used to fund developm...

If there’s one commodity that has started the decade well, it’s oil. Brent oil has gained 5.2 per cent this week and crude oil has gained 4.2 per cent. In contrast, some of the top performing commodities of 2019 have been slower. Copper has...

06 Dec 2020 - Emerald Resources (ASX:EMR) has now received the final signed Mineral Investment Agreement for the Okvau Gold Project.

It’s taken repeated management shuffles, failed takeover bids and a major financial restructuring exercise to get Capricorn Metals (ASX:CMM) to the point where it might finally be able to proceed with the development of its plum asset, the...

Small-capitalisation Stocks Small-cap stocks are those stocks which have market capitalisation of $300 million to $2 billion. The market cap of the company can be measured by a number of shares of outstanding times the price of each stock....

SHAREHOLDERS of Emerald Resources will be hopeful of a much better 2020 after two years of negotiations have finally seen the company gain ...

Perth-based explorer Emerald Resources (ASX: EMR) has received approval from the Cambodian Council of Ministers for the execution of a mineral investment agreement for the Okvau gold project approximately 275km north-east of Phnom Penh. The...

Intermin Resources’ (ASX:IRC) $40m purchase of Focus Minerals’ (ASX:FML) 2.1 million-ounce Coolgardie gold project has been delayed by three months, ostensibly to “finalise formal documents”. Intermin, which has just merged with fellow expl...