Articles On Emmerson Resources (ASX:ERM)

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Fitch has downgraded its gold outlook but expects prices to remain “elevated in the coming years compared to pre-Covid levels” Contrarian argument: “It is also a sector full of M&A possibilities as gold equities haven’t been this ‘chea...

Emmerson Resources (ERM) launches a drilling program at its Golden Forty gold project in Tennant Creek, Northern Territory The new program is set to include at least 4000 metres of drilling across 22 holes, testing for extensions to the pr...

Emmerson Resources (ASX: ERM) has begun drilling at the old Golden Forty mine near Tennant Creek as it hunts for high-grade extensions. The mine, 14km east of Tennant Creek, was mined briefly in 1938 and then revived three decades later bef...

TSX listed Korara Resources finds another massive nugget stash at the Beta Hunt mine near Kalgoorlie The new discovery just below the super-rich, 30,000oz Fathers Day Vein China imported more than 80 tons (or 2.56Moz) of gold worth $US4.4b...

Assay results from a Phase 2 drilling program have supported the emerging Hermitage copper-gold discovery at Emmerson Resources’ (ASX: ERM) wholly-owned project area in the Northern Territory. Drilling was designed to build on previous high...

Emmerson Resources (ERM) intersects further high-grade copper-gold at the Hermitage discovery within its Tennant Creek project area in the Northern Territory The company’s phase two diamond and reverse circulation drilling program aimed to...

EVN’s Jake Klein predicts US$2-US$3,000/oz gold price for this time next year Is a wave of merger and acquisition activity coming in the ASX gold space? Bounce back in vehicle production to boost PGM demand Gold price hits a four-week high...

Gold price hits three-week high post-FOMC rates decision ASX Quarterly Gold Wrap: producers hit a low bar, investors are pleased Gold demand falls in H1 as cost-of-living pressures bite, WGC says Our Gold Digger column wraps all the news...

Gold is down 5% for July and on a broader downward trajectory, Metals Focus says Aeris Resources’ Golden Plateau deposit could extend the mine life at Cracow Golden State Mining has kicked off drilling at the Yule project in WA   Our Gold...

Emmerson Resources (ASX: ERM) made “great progress” across a number of fronts during the June quarter (Q4 FY2022), including unearthing visual copper and gold at multiple sites at Hermitage, while debuting a high-grade maiden resource for M...

The US dollar looks set to reach 20-year highs, impacting gold’s safe haven status JP Morgan employees on trial in Chicago after ‘spoofing trades’ accusations PGM supply through the recycling of auto catalysts has taken a hit ‘cos Covid O...

Swiss data shows the highest total January to May bullion shipments since 2018 On a year-to-date basis US gold imports surged by 170% to 103t US also the largest destination for Swiss silver bullion, accounting for ~30% of the total; up fr...

Newmont’s Tom Palmer says gold may have found new floor of ~US$1600/oz in the wake of inflation With small gold miners are struggling with rising supply chain and labour costs, Palmer says consolidation in the sector makes sense Drilling r...

Perth-based Emmerson Resources (ASX: ERM) has intersected visual copper-gold in drilling at the Hermitage project in the Northern Territory. The latest drillhole hit four main zones of mineralisation including malachite (copper carbonate) i...

Emmerson Resources (ASX: ERM) has been successful in applying for government co-funding covering three projects being explored in the Tennant Creek mineral field.  Under the Geophysics and Drilling Collaborations program, the Northern Terri...

Emmerson Resources (ERM) is awarded co-funding grants through the Geophysics and Drilling Collaborations (GDC) program administered by the Northern Territory Geological Survey (NTGS) The program is designed to co-fund projects that address...

1 gram of gold can be recovered from about 41 recycled mobile phones Mint Innovation can recover $US12,000 worth of gold from one tonne of old circuit boards Gold trades sideways at ~$US1,850/oz Our Gold Digger column wraps all the news d...

US gold price down more than 10% or $200 from its peak But Aussie gold miners faring better due to weak AUD-USD exchange rate This week’s ASX standouts: Twenty Seven Co, OzAurum Resources Our Gold Digger column wraps all the news driving...

Emmerson Resources (ERM) intersects visual copper at the Hermitage prospect in its Tennant Creek project, Northern Territory Hole five intersected a new 38-metre interval of mineralisation consisting of malachite, native copper and chalcop...

Gold and copper explorer Emmerson Resources (ASX: ERM) has visually confirmed the “very high-grade” nature of copper mineralisation encountered during follow-up drilling at the Hermitage prospect in the Northern Territory. The company today...

Emmerson Resources (ERM) opens share purchase plan (SPP) to raise $1.5 million after securing commitments to raise $5 million via institutional placement Eligible shareholders will be able to acquire up to $30,000 of new shares at an issue...

Local stocks hit cruise control heading into the Easter break, with steady gains across the ASX in a calm session. The microcap ASX Emerging Companies index rose by around 0.8%, slightly outperforming the big end of town. It followed a soli...

Emmerson Resources (ERM) today begins drilling for copper and gold at its Hermitage project near Tennant Creek, in line with announcing a $6.5 million capital raise.    A 10-hole, 2000-metre reverse circulation and diamond drilling progr...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

With Tuesday trade in the casket, the ASX Emerging Companies (XEC) index has closed about 1% lower, while the ASX 200 (XJO) benchmark index is down 0.5%, Everywhere markets fell, but for Paris, which has breathed a rich, garlic-scented merd...

Emmerson Resources (ERM) enters a trading halt ahead of a capital raise The gold and copper explorer hasn’t indicated how much it will raise nor how it will spend the funds once received Emmerson and its JV partner TCMG recently announced...

Finder Energy (FDR) shares are trading up 20 per cent four days after its ASX debut late last week. The company’s listing followed an IPO that raised $15 million with 20-cent shares. Finder is drilling for oil in the North West Shelf...

Gold price to hit $US2,200 as stagflation fears take hold U.S. and allies officially prohibit all transactions with Russia involving gold, one of its financial lifelines. Will it work? Gold price rebounds over past week to $US1,960/oz Our...

War gossip/news remains the main driver of gold prices. The precious metal is having one of those volatile weeks where unless they timed their entry and exit perfectly, investors probably had a tough time whether long or short, says OANDA s...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

A good week for gold, which is up 1.04% to ~$US1,940/oz at time of writing. History shows us war doesn’t usually trigger an extended rally, but news flow – or lack thereof – coming out of Ukraine continues to be the biggest influence on the...

Investors generally buy gold as a way of diversifying risk when s..t hits the proverbial fan. That’s why the precious metal appears to perform well in times of war or political instability. Conversely, stocks and bonds perform best in a sta...

Last year, the price of copper rose 33%, but that was just the entree. Goldman Sachs reckons the red metal will hit a record US$12,000/t over the next month, up from ~$US9,700/t currently. That’s uncomfortably bullish, but even the more mil...

Heading into the March quarter, Emmerson had $3.9 million in the bank to support its future operations.

Alas. After teasing gold bugs with a push through $1,840/oz over the past week, we are now back below ~$US1,800/oz. Gold stocks can’t seem to catch a break. What gives? I don’t get it. PM miners didn’t even get the windfall of the market w...

Global silver demand hit ~1.02 billion ounces in 2021, the first time it has breached 1 billion since 2015, according to the Silver Institute. Of that, industrial demand hit a new high of 524 million ounces. And of that, photovoltaic (solar...

Welcome back to Hot Money – 2022 edition. The weekly Stockhead article recaps ASX stocks that are “running hot” as deduced by the Relative Strength Index (RSI). The RSI is a technical gauge which measures how trading momentum is affecting t...

ASX investors evidently shrugged off omicron fears in December, with the last month of the 2021 being the second best of the year. Ultimately, the market finished 2021 13% higher than it started. Patience pays off, unless you got in at the...

Gold is holding steady above US$1,800/oz – currently trading at US$1816.60. Some players are confident the gold market will trend net positive next year as the market digests the reality of the past 24 months. But commodity analysts at J.P....

With gold spending most of the past week hovering around the US$1,800/oz (A$2,485/oz) mark, speculation has turned away from whether the precious metal can hold its gains to asking if it can test hit the US$1,850/oz mark. Gold is currently...

Middle Island Resources (MDI) focuses on exploration at the Barkly Copper Gold Super-Project The Barkly project is located in the Barkly region of the Northern Territory, with the region is considered to be prospective for large copper-gol...

The company recently soared up to 200% on hitting 117 metres at 3.38% copper from 75 metres in reverse circulation drilling at Hermitage Project in the Tennant Creek Mineral Field.

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...

The so-called ‘Santa Claus Rally’ appears to be happening again this year with the ASX notching another positive day. The ASX 200 closed at 7,379 points which was 0.35% higher than Friday, following on from a 1.6% gain last week and positiv...

“It’s an exciting time to be entering the Tennant Creek area, with Emmerson Resources Ltd’s recent drilling results at its Hermitage deposit, which is located less than 20 kilometres from CUF’s ground, demonstrating the potential to discove...

It’s been fairly choppy for precious metals this year, with economic recovery, rising nominal yields and the potential for rate hikes dampening investors’ appetite for gold. But on the flip side, new virus variants, fears of stagflation and...

CuFe (CUF), formerly known as Fe, acquires a 60 per cent interest in the Tennant Creek Project in the Northern Territory On September 24, the company announced it had entered a binding agreement to acquire a 60 per cent interest in the exp...

When LME copper stores hit 47-year lows in October, driving prices above US$10,000 per tonne, it looked like the beginning of an almighty run for the red metal.   At its October peak, the copper price was within striking distance of the LME...

The ASX had another day of solid gains, hitting a three week high with tech and resources leading the charge. The ASX 200 rose 1.25%, closing at 7,405 and while all sectors were in the green, resources and tech both were the best – gaining...