Articles On Magmatic Resources (ASX:MAG)

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...

03 Jun 2023 - For some reason investors didn’t like the update on Tuesday from Magmatic Resources (ASX:MAG) showing it had made further strikes of low-level copper and gold at its …

ShareCafeMagmatic Selloff a Bit of a Head-Scratcher For some reason investors didn’t like the update on Tuesday from Magmatic Resources showing it had made further strikes of low-level copper and gold at its wholly owned Corvette prospect i...

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. If mining is a tough game, the exploration juniors out...

The ASX200 shed 8.1 points on Tuesday or 0.11 per cent, just one day after its strongest advance since mid-April. The real estate and energy sectors were the biggest drags on the market, each down around 1 per cent. In the red Ma...

Magmatic Resources (ASX:MAG) has continued to grow the mineralised system at the Corvette prospect within its wholly owned Myall Project in New South Wales.  The company says the latest 14 diamond holes for 11,092m completed at the project,...

ShareCafeWho among the Oz Goldies Might be the Next Pumpkin? Newmont has come and gone after snatching Newcrest, Genesis may have saved its Leonora marriage with struggling bride St Barbara and, while there are a few other smaller bids and...

ShareCafeLocal Goldies Lining Up for Newmont Offcasts There’s an enormous chance for Australian miners like Evolution and Northern Star Resources – not to mention that perennial mine hunter Mineral Resources – to get global scale by positio...

The NSW Minerals Council’s Explorer of the Year award has been given to gold exploration company Alkane Resources. Alkane Resources received the top honour for its discovery of the Kaiser gold and copper deposit, which is part of its North...

We’re in the middle of a growing copper conundrum, fuelled by increasingly challenging supply streams and higher demand pressures as the shift to net-zero carbon emissions proves to be one of the greatest challenges of the 21st century. As...

Magmatic Resources (ASX:MAG) has been named a finalist for this year’s NSW Mining Explorer of the Year Award. Speaking to Mining.com.au, Managing Director Dr Adam McKinnon says being selected shows the significance of the high impact drilli...

ASX-listed mining exploration company Magmatic Resources (ASX:MAG) focused its efforts on continuing exploration at the Myall Copper-Gold Project in New South Wales throughout the first quarter of 2023. The company reports the Corvette pros...

ASX-listed mining exploration company Magmatic Resources (ASX:MAG) has recorded another 500m-plus intercept at the Corvette prospect, located within the Myall Copper-Gold Porphyry Project in New South Wales. The company reports diamond hole...

After 10 long years of no new mine developments in NSW, two new projects in the space of a week and two other mine expansions in the last quarter have received the green light to proceed into development – a strong indicator that NSW is ope...

Gold broke through the psychological US$2000/oz barrier for the first time since March 2022 Argonaut’s George Ross says bullion is back at super high levels, with investors excited to see just how high prices can go as safe haven demand ra...