Articles On Matsa Resources (ASX:MAT)

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...

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...

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...

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...

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...

Apollo Consolidated’s flagship Lake Rebecca gold project 145km east of Kalgoorlie in Western Australia already looks like it will become a mine, but the picture keeps improving as exploration rolls along.  Apollo (ASX: AOP) released the lat...

The Matsa Resources Limited (ASX: MAT) share price is surging today after the company started drilling at its Devon and Lake Carey gold projects. Matsa shares are trading 9.2% higher at 8.3 cents at the time of writing, recovering on losse...

Sampling results indicate gold anomalism in soil at Devon with three samples returning above 1 g/t gold, including one sample in excess of 10 g/t.

The capital raisings boom on the ASX is continuing in 2021 with nearly $10 billion raised in the first four months of the year. Across 325 deals, ASX companies have raised $9.878 billion in capital amidst IPOs, placements and rights issues....

This fortnight’s list of directors who traded over $100,000 in shares included a trio from NSW-focused copper explorer Peel Mining (ASX:PEX). Peel undertook a rights issue and James Simpson bought $101,801, Simon Hadfield bought $100,150 an...

“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...

All the interesting news was in the US, where President Joe Biden managed to keep most of Congress awake in his first address to a joint session. Almost. Ted Cruz is in the joint address KNOCKED out pic.twitter.com/eKTOJorcwY — philip lewi...

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...

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...

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...

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...

IGO has inked a $7 million agreement with ASX-listed explorer Matsa Resources for the Symons Hill nickel project in the Fraser Range, Western Australia. IGO can spend a minimum of $3.5 million to earn a 70 per cent interest in Symon Hills o...

There seems to be no shortage of action from microcap Aussie explorers this week as Discovex Resources Ltd [ASX:DCX] joins the list of big gainers. The gold explorer/developer’s share price is up 125% this morning, trading at 0.9 cents per...

Australian explorer DiscovEx Resources (ASX: DCX) has confirmed the potential for a major new discovery in WA’s prolific Laverton district following positive results from a sampling program at its flagship Edjudina gold project. A recently-...

Matsa Resources (MAT) has announced recent drilling has confirmed high-grade gold mineralisation continues at its Devon mine Drilling was conducted in December last year and aimed at testing the continuity of gold mineralisation Further d...

Matsa Resources (MAT) has received results from the final three holes from a recently completed diamond drilling program at Red October All 11 holes are now complete with gold grading up to 70 grammes per tonne intersected Drilling will...

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...

With Australian market recently reaching an all-time high recently, it saw quick correction with dips on two consecutive days over Tuesday and Wednesday, respectively sparked by trade fear revival and profit booking. Subsequently it is reco...

Exploration company Syndicated Metals (ASX: SMD) has entered into an agreement with Gateway Mining (ASX: GML) to purchase 80% of the highly-prospective Edjudina gold project in WA’s prolific southern Laverton district. The acquisition will...

GOLD junior Matsa Resources has received good backing from investors for its mining and exploration prospects in the Laverton region of Western ...

On Stockhead today, Benchmark’s Simon Moores on identifying the bulls*&t in battery metals analysis, the oil and gas players that are looking for the next big hit in the Perth Basin and sitting fireside with the “Wildcatter” is Helios E...

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...

Buying a piece of ownership in a company, given that the world stock markets are gushing with lucrative options every day, can be a daunting task for the investors. Keeping diversification as the fundamental strategy, allocating some portio...

Andromeda Metals Limited    Positive initial results from the drilling at the Poochera Halloysite-Kaolin Project: Andromeda Metals Limited (ASX: ADN) has finished the aircore drilling program at the Poochera Halloysite?Kaolin Project (Explo...