Articles On Magmatic Resources (ASX:MAG)

Of the 42 iron ore stocks tracked by Bulk Buys, just five are in positive territory in 2024 Spot prices have fallen from US$140/t to US$97/t, salvaged by a bump from Chinese stimulus plans this week But the top ASX iron ore stock of 2024,...

Gold Fields has inked an under-the-radar deal to hunt for copper and gold in the area around Newmont’s world class Cadia gold mine It’s thrust eyes on the Lachlan Fold Belt, where majors are quietly making deals to find the next giant Aust...

Adam McKinnon, the Managing Director of Magmatic Resources (ASX:MAG) reveals the latest impressive results from the Black Ridge project, where the company has identified a six-kilometre trend with copper rock chip samples yielding up to 6.5...

Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, which is meant to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live data, to provide a short, sharp update to help frame the...

Magmatic Resources Ltd (ASX:MAG) has identified a copper trend stretching six kilometres long through early-stage exploration in New South Wales proximal to the Northparkes Copper Mine. Samples yielding up to 6.5% have been found through...

Magmatic Resources Ltd (ASX:MAG) has reported a boost to the copper gold footprint of its Lady Ilse prospect in New South Wales, based on a recent drilling program to the north, which showed potential for a Boda-style porphyry system there....

Shares in Rex Minerals (ASX:RXM) surged more than 60% after it revealed it had found its ideal partner in the shape of its major shareholder, Indonesian-owned MACH Metals Australia. Under the terms of the offer, MACH will acquire all the sh...

12 Jun 2024 - In March, Magmatic Resources (ASX:MAG) announced a joint venture with Fortescue (ASX:FMG) for the Myall copper-gold prospect in central western NSW.

In March, Magmatic Resources (ASX:MAG) announced a joint venture with Fortescue (ASX:FMG) for the Myall copper-gold prospect in central western NSW. Myall is in the same area as Alkane’s Kaiser and Boda finds, which are huge, with hundreds...

This article is a sponsored feature from Mining.com.au partner Kincora Copper Ltd. It is not financial advice. Talk to a registered financial expert before making investment decisions. Not content with last year’s $9.6 billion acquisitio...

Kincora Copper Ltd (ASX:KCC) has added to its portfolio of projects in New South Wales, securing an exploration license for the Wongarbon Project, whose mineralisation comprises one of the last untested large intrusive (porphyry) complexes...

Kincora Copper (ASX:KCC) has been granted a new exploration licence located on the northern, undercover extension of the Molong Belt, in the Macquarie Arc of central New South Wales. The licence covers the 173km2 Wongarbon Project, locat...

Micros with Majors is Stockhead’s new column which profiles and looks at the stories behind microcap ASX companies in partnerships with some of Australia’s, and the world’s, leading organisations.   In the mining exploration world, the prob...

As the new week begins, several mining companies are seeking to raise equity via a placement. Galan Lithium (ASX:GLN) is conducting a $14 million placement for the development of its Hombre Muerto West (HMW) Project in Argentina.  The...

On the face of it, this week’s announcement from Regis Resources (ASX:RRL) that it is cranking up its long-talked-about McPhillamys gold project in central western New South Wales (around Orange and Blaney) should be bullish. The region is...

There’s much talk about how overbought the global markets are looking with each passing day. The major market indices are setting new records, including our very own ASX All Ordinaries [ASX:XAO], which is also breaking into all-time new hig...

Goldman Sachs’ metals research team has set out its stall on the copper bandwagon, spending much of the post-Covid era how badly we’re boned on supply enough to support the energy transition. They see a mammoth 5Mt deficit in 2030 — this ye...

The ASX200 has ended RBA Day comfortably higher Materials lead gains as iron ore prices rise Small Caps led by Pentanet   The ASX has ended Tuesday higher after the Reserve Bank of Australia kept rates on hold for another month. At 4.15 p...

19 Mar 2024 - A day after the placement and substantial shareholding notice showing a 19.9 per cent stake emerged from Fortescue (ASX:FMG), Magmatic Resources (ASX:MAG) has given t…

A day after the placement and substantial shareholding notice showing a 19.9 per cent stake emerged from Fortescue (ASX:FMG), Magmatic Resources (ASX:MAG) has given the market the first indication of where it will use the millions of dollar...

Exploration is about to kick off at Magmatic Resources’ Wellington North project next to 15.7Moz Boda-Kaiser discovery Mako uncovers “wide manganese bands” up to 250m deep and 140m wide at Korhogo project Up on no news: Cyprium (copper), B...

Welcome to the start of Tuesday. The ASX200 is set for a second flat day with futures up 0.03% near 8.30am AEDT. Stocks catching eyes this morning: Poseidon Nickel (POS) has announced a leadership transition. This follows “new...

  Local markets get smashed, drop 1.8pc All 11 ASX sectors down Small Caps led by Task Group   A record close on Friday has found a typically ASX200-flavoured follow-up on Monday after the last session in New York saw US semiconductor dar...

    ASX to drop at the open Nvidia loses US$128bn on mkt cap on Friday  Gold keeps giving, China… not so much   The ASX is poised for a fall on Monday after an accelerating Wall Street got the death wobbles on Friday in New York. On Mond...

The ASX200 has peaked at a record 7838 points around midday (AEDT). Meanwhile at 2pm, the All Ordinaries index (largest 500 companies) hit 8098 points which is another all time high. Financials is leading the sea of green as far as s...

Magmatic Resources soars as Andrew Forrest’s Fortescue takes a stake and plans to fund up to $14m of copper drilling Aguia up as Colombian mine deal progresses Magnum exits trading halt with Saudi green iron JV Here are some of the bigg...

Fortescue is looking to get more irons in the fire of a red hot gold market and brightening outlook for copper via a big chunk in West Perth junior Magmatic Resources.

The share price of Magmatic Resources (ASX: MAG) jumped more than 50% after it revealed it had executed a $14 million farm-in and joint venture agreement with FMG Resources Pty Ltd, a wholly-owned subsidiary of mining giant Fortescue (ASX:...

08 Mar 2024 - A snapshot of the stocks on the move, featuring Magmatic Resources (ASX:MAG), Pointerra (ASX:3DP) and OpenLearning (ASX:OLL).

A tiny ASX mining share is soaring on Friday after announcing a joint venture (JV) agreement with S&P/ASX 200 Index (ASX: XJO) mining giant Fortescue Metals Group Ltd (ASX: FMG). The junior ASX miner closed yesterday trading for 4.5 ce...

  To register for today's webinar click here. Magmatic Resources (ASX:MAG) has announced the execution of a Farm-in and Joint Venture agreement with FMG Resources Pty Ltd, to explore the Myall Project in central west New South Wales. Fortes...

Stockhead’s Top 10 at 11, published 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 in percenta...

Twiggy Forrest's FMG Resources has made a significant move into the highly prospective copper-gold region of central western NSW with a placement and funding deal. This deal could potentially result in FMG gaining control of the emerging My...

ASX-listed microcap explorer Magmatic Resources’ (ASX:MAG) shares were up 40% out the gate on Friday as Fortescue snatches up a 19.9% stake. Andrew Forrest’s mining empire has its eye on Magmatic’s Myall project in NSW, predominately a c...

    ASX to test all-time high today after Wall Street resets records Nvidia rises again, Meta hits new high Key highlights from the just completed ASX earnings season   The ASX is poised to rise on Friday after Nasdaq and the S&P500...

Records fell on US markets overnight – the Nasdaq and S&P500 both gained more than a per cent to exceed previous highs. It’s a lead in that’ll see the ASX 200 strive – yet again – for record territory, with futures suggesting it could r...

Magmatic Resources and Fortescue have executed a farm-in and joint venture (JV) agreement at the Myall copper-gold project in New South Wales. The agreement will see Fortescue spend up to $14 millionRead MoreAustralian Mining.

The ASX 200 benchmark falls 0.5% as central bank boogeymen spook investors Energy pretty much on its own out front of the rest of the sectors Small caps led by lithium and new metal minnows with some sturdy new finds   Local markets hav...

Magmatic Resources (ASX:MAG) has kicked off diamond drilling at its Myall Project in NSW. The company’s Managing Director, Dr Adam McKinnon, says he is ‘pretty confident’ drilling will return ‘interesting mineralisation’ given the project s...

Stockhead’s In-Case-You-Missed-It highlights today’s most interesting small cap stories that might have slipped beneath your radar. Below is a wrap of the top 20 performing stocks, by percentage, who made announcements today.   ICYMI Leader...

Magmatic Resources (ASX:MAG) is hoping to rapidly expand the ‘significant’ metal endowment at its Myall Project in New South Wales through a new diamond drill program.  The $15.89 million market capitalisation says drilling has begun in...

ASX futures are anticipating a bearish market opening this morning in the lead-up to the US Federal Reserve’s two-day policy meeting. Here are some ASX-listed companies with news out today: Sensore (S3N), a company utilising artificia...

Magmatic Resources (ASX:MAG) is poised for another round of drilling at its Myall Project, aiming to expand the footprint of the Corvette and Kingswood deposits where the company recently released a maiden Mineral Resource Estimate of 110 m...

Magmatic Resources (MAG) announces plans for a new high-impact drilling campaign at its Myall project in New South Wales The initiative aims to expand the known copper and gold deposits Early estimates suggest significant potential at...

Magmatic Resources (ASX:MAG) has received approval to conduct a new high-impact diamond drilling campaign within its Myall Project in New South Wales.  The $18.03 million market capitalisation company says this follow-up program aims to...

Perth-based explorer Magmatic Resources (ASX:MAG) is designing follow-up exploration at its Myall Copper-Gold Project in New South Wales after a busy Q2 2023. In its latest quarterly report, the $21.7 million market capitalisation company r...

Magmatic Resources (MAG) announces a maiden inferred MRE for its Corvette and Kingswood deposits at its Myall project The MRE comprises 110Mt of 0.27 per cent copper, 0.07g/t gold, and 0.8g/t silver Historic data reveals that minerali...

Copper explorer Magmatic Resources (ASX:MAG) has defined a maiden Mineral Resource Estimate (MRE) for the Corvette and Kingswood deposits within its Myall Project in New South Wales. The company reports the maiden inferred MRE consists of 1...

This article is a sponsored feature from Mining.com.au partner Magmatic Resources Ltd. It is not financial advice. Talk to a registered financial expert before making investment decisions. If the need for green sources of energy is as dire...

Magmatic Resources (ASX:MAG) is on the hunt for the “next porphyry giant” in the East Lachlan region of New South Wales. So far on the company’s quest, Managing Director Dr Adam McKinnon tells Mining.com.au there has been “spectacular” dril...