Articles On Magnetic Resources (ASX:MAU)

Title Source Codes Date
Gold Digger: Solar, electric vehicle demand could push silver market into long term deficit

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...

Stockhead MAU 1 week ago
Magnetic Resources (ASX:MAU) intersects high-grade shoots at Lady Julie

Magnetic Resources (MAU) intersects thick and high-grade vertical shoots at the Lady Julie gold asset in Western Australia Results come from a recently completed infill and extension drilling program with grades peaking at 7.96 g/t gold I...

themarketherald.com.au MAU 2 weeks ago
Magnetic sees potential for large-scale shallow deposits at Lady Julie

Magnetic Resources’ recent infill and extension drill program at Lady Julie has found both thick and high-grade zones starting from surface.  Managing Director George Sakalidis said that with the Australian gold price at near record levels...

Stockhead MAU 2 weeks ago
Market Highlights and 5 ASX Small Caps to watch on Monday

Local stocks look set to start the week on a flat note, with futures markets drifting sideways ahead of the opening bell on Monday. It followed another lacklustre session on Wall Street on Friday, where the S&P500 edged lower while the...

Stockhead MAU 2 weeks ago
Gold Digger: JP Morgan reckons gold’s gonna take a dive to $1,520/oz by Q4

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....

Stockhead MAU 3 weeks ago
Gold Digger: Gold bulls are out in force, but expect turbulence

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...

Stockhead MAU 1 month ago
Director’s pump $1.66m into Magnetic’s gold projects through options exercise

Directors in Magnetic have demonstrated their confidence in the company’s Laverton gold projects by exercising all options worth a total of $1.66m. This was achieved by directors Eric Lim, George Sakalidis and Julien Sanderson exercising al...

Stockhead MAU 1 month ago
Gold Digger: Early 2022 gold rally could turn sour mid-year

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...

Stockhead MAU 1 month ago
We took the thermometer out for a heat check on the market with 10 ASX listed explorers

Drill rigs are coming at a premium, labs are backed up like a clogged pipe and IPOs are emerging at a rate of knots. There seems little doubt the exploration sector on the ASX is enjoying buoyant conditions, especially those locked behind M...

Stockhead MAU 1 month ago
Gold Digger: An inflationary bomb is about to go off. It’s time to prepare for the next gold bull market

US Fed chair Jerome Powell finally admitted that inflationary pressures weren’t going to be as sh­­ort-lived as perhaps expected. Earlier this week Powell surprised markets by suggesting it would be appropriate to drop the phrase “inflation...

Stockhead MAU 1 month ago
10 at 10: These ASX stocks are leaving investors satisfied this morning

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Stockhead MAU 1 month ago
Magnetic drilling unlocks further gold riches in Laverton

Magnetic’s reverse circulation drilling has identified a 1km zone of prospective gold mineralisation at the Homeward Bound South project near Laverton. Drilling returned top results of 20m grading 2.98 grams per tonnes (g/t) gold from a dep...

Stockhead MAU 1 month ago
Gold Digger: Gold’s renaissance was short-lived. Have prices bottomed out?

Following a 7.6% surge from late September, the price of gold briefly hit five-month highs of ~$US1,872/oz on fears that current high inflation levels are more than ‘transitional’. Gold is an ‘inflation hedge’; an investment that ostensibly...

Stockhead MAU 2 months ago
Magnetic’s Laverton drilling has returned gold stars, and it’s hungry for more

Magnetic Resources has been delivering standout results from its Laverton gold projects, so it stands to reason that the company would seek out funds to accelerate its efforts. While the company’s shares are still in suspension while it wor...

Stockhead MAU 2 months ago
Closing Bell: Tech down but energy and Jerome Powell’s reappointment lifts ASX

The Australian bourse recouped most of yesterday’s losses despite tech stocks dropping again, this time by 3.49%. The ASX 200 rose 0.78%, closing at 7,411 points, with the gains driven by the resources and energy sectors, which gained 2.3%...

Stockhead MAU 2 months ago
Magnetic Resources (ASX:MAU) begins week in trading halt

Magnetic Resources (MAU) begins the week in a trading halt while it plans the details of an upcoming capital raising The company will remain in the halt until November 24 or when more details are released, whichever occurs first On Novem...

themarketherald.com.au MAU 2 months ago
Gold Digger: These cheap gold stocks might not last long

Following a 7.6% surge from late September, the price of gold is now sitting ~$US1,860/oz for the first time since June. The Aussie price is looking even better, which is great news for our local producers: USD (dark) and AUD (light) gold p...

Stockhead MAU 2 months ago
Magnetic Resources intersects thick, high-grade gold intersections at Lady Julie 4 in Western Australia

Magnetic says these latest intersections are “very encouraging” and a follow-up program of 14 RC holes for 1,720m is being carried out over a 700m strike. Magnetic Resources has hit two thick intersections in recent reverse circulation (RC...

Stockhead MAU 2 months ago
Gold Digger: Prices lift off on growing inflation

Growing concerns about inflation could send gold prices soaring back above the US$2,000 ($2,746) an ounce mark it last reached back in 2020. Prices of the precious metal have already been rising steadily over the past fortnight, up some 3.7...

Stockhead MAU 2 months ago
As Chalice scales record highs on its monster Julimar resource, how are its nearologist friends going?

There are few stories on the ASX right now more exciting than Chalice Mining’s discovery of the Julimar complex in Western Australia. That one of the world’s largest deposits of palladium, platinum and nickel was sitting just 70km northeast...

Stockhead MAU 2 months ago
Gold Digger: A global carbon tax could hit gold stocks right where it hurts

A global carbon taxation regime could slash gold miner profit margins by up to 45% unless an effort is made to reduce greenhouse gas emissions, Metals Focus says. Some countries, such as Canada and Sweden, already impose carbon taxes and th...

Stockhead MAU 2 months ago
Gold Digger: Ounce-hungry gold miners investing big $$ in M&A, new developments

The gold price may be in a holding pattern at ~$US1,800/oz, but Aussie gold miners continue to throw piles of cash at acquisitions and new developments. Westgold (ASX:WGX) looks increasingly likely  to hoover up struggling producer Gascoyne...

Stockhead MAU 2 months ago
Gold Digger: Two charts that show how undervalued gold stocks really are

Gold stocks are cheap, experts keep saying. Well-known analyst Jesse Felder has now demonstrated the “pathetic performance” of the US gold majors in handy chart form. The US listed BANG stocks (Felder’s play on FANG) include gold giants Bar...

Stockhead MAU 3 months ago
Magnetic Resources (ASX:MAU) returns thick intersections at Lady Julie

Magnetic Resources (MAU) has returned thick and high-grade intersections from surface at the Lady Julie gold asset in WA MAU says its best and most consistent shallow intersections from surface at Lady Julie North include 25 metres at 4.4...

themarketherald.com.au MAU 3 months ago
Magnetic Resources confident Lady Julie gold target wide open to the southeast

Magnetic Resources latest infill and extension drilling at its Lady Julie gold asset has found multiple thick and high-grade zones starting from surface. Key intersections from the drilling include: 64m at 2.37g/t from 88m, including 36m a...

Stockhead MAU 3 months ago
Gold Digger: This large Russian gold mine will have its own nuclear power plant

The +9Moz, ~350,000ozpa ‘Kyuchus’ field will be one of Russia’s biggest gold mining projects. Kyuchus was first discovered in 1963, but its isolation in the harsh Arctic climate of the Yakutia region has, so far, stymied numerous developmen...

Stockhead MAU 3 months ago
Gold Digger: Gold M&A is heating up. Which junior is the next takeover target?

Investors want to see gold miners wisely grow their production profile. Not like miners did during the last cycle, when some irrational, highly priced M&A action destroyed significant wealth. The big gold miners have a “lousy recent his...

Stockhead MAU 3 months ago
Gold Digger: Gold is back on the menu amidst market chaos

There is a lot of uncertainty in the market due to tensions in China, rising interest rates and continuing economic recovery of the global COVID-19 pandemic, with investors fleeing for safe havens to park their cash in. Safe havens like gol...

Stockhead MAU 3 months ago
Gold Digger: Are ASX large cap gold stocks a screaming buy?

The valuations of major gold miners remain weak despite falling debt and record dividends, according to the latest Metals Focus Gold Peer Group Analysis. Australia’s largest gold miners Newcrest (ASX:NCM), Northern Star (ASX:NST), and Evolu...

Stockhead MAU 4 months ago
Gold Digger: Where do we go from here?

It’s been a frustrating few months for gold bulls. As an investment hedge, gold shines during periods of poor or volatile market sentiment. It loves drama like pandemics, civil wars, or the unprecedented failure of the Lehman Brothers in 20...

Stockhead MAU 4 months ago
Magnetic bites into thick, high-grade gold from surface at Lady Julie

Magnetic’s confidence about the prospectivity of its Lady Julie project in Laverton appears well-founded with drilling returning multiple thick and high-grade gold intersections. Its most recent infill and extension drilling program returne...

Stockhead MAU 4 months ago
Gold Digger: Is sentiment slowly returning to the gold space?

Gold continues to consolidate around $US1,800/oz which, if we went back in time to July 2020, would be cause for celebration. Back then $US1,800/oz was an eight-year high and bullish sentiment was nudging even the shittiest exploration stoc...

Stockhead MAU 4 months ago
Closing Bell: Tech pushes ASX to another positive day

The ASX 200 rose 0.41% to close at 7,535 while the ASX Emerging Companies Index gained another 1.36% to close at 2,362 points. All sectors were in the green except energy and utilities which lost 1.44% and 1.19%. The best performing sectors...

Stockhead MAU 4 months ago
Gold Digger: Northern Star’s share price down 30pc for FY21, despite posting $1bn profit

Gold bugs would be breathing a sigh of relief this week as the price stabilises just shy of $US1,800/oz ($2,463/oz Aussie) thanks to Monday’s healthy 1.5% gain. While there are plenty of other red hot sectors attracting investor dollars rig...

Stockhead MAU 4 months ago
Closing Bell: ASX climbs again as tech, mining stocks rally

Local markets continued their strong form on Wednesday as the ASX rose for the third straight session. Reporting season threw up some big-name winners as markets responded to the latest round of full-year results. While the ASX 200 edged hi...

Stockhead MAU 5 months ago
Gold about to hit next leg of bull market and stocks are cheap, expert says

The gold price itself had 12 months of consolidation. Now we are entering a new stage of a bull market which Barry Dawes of Martin Place Securities believes “will take it much, much higher”. In the big scheme of things, the pullback we have...

Stockhead MAU 5 months ago
10 at 10: These ASX stocks have notched up the hottest growth this morning

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Stockhead MAU 5 months ago
Gold Digger: Bulls vs Bears – which team are you on?

On Sunday, a chaotic ‘flash crash’ saw the gold price plummet into the $US1600s per ounce before staging a mild recovery. Experts mostly point to a better than expected jobs report out of the US for heavy selling that saw the traditional he...

Stockhead MAU 5 months ago
Gold Digger: Gold regains the crown if crypto crashes

As an uncorrelated asset – value not tied to larger fluctuations in the traditional markets — gold has had “its lunch cut a bit” by crypto, PCF Capital’s Liam Twigger says. “There is an article in the last Economist asking, ‘what happens if...

Stockhead MAU 5 months ago
Gold Digger: The top performing junior gold stocks for July

Strong consumer buying and modest institutional investment helped create gold demand of 955.1 tonnes over Q2 – a 9% rise from Q1 2021, and in line with the equivalent period last year. While both consumers and retail investors were purchasi...

Stockhead MAU 5 months ago
Gold Digger: It’s time to get fired up about the ‘Green and Gold’

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...

Stockhead MAU 6 months ago
Magnetic stretches Lady July North target length to 4.6km

Following some high-grade drilling results at its Lady Julie project in WA, Magnetic has extended its footprint by purchasing tenement P38/4170. The newly acquired 80 hectares hosts numerous gold intersections within a 700m length including...

Stockhead MAU 6 months ago
Gold Digger: Is gold the ‘ultimate contrarian investment’ right now?

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...

Stockhead MAU 6 months ago
Energy, banking stocks drag ASX in the red

Summary The ASX 200 traded lower by 27.30 points or 0.37% at 7,314.90 by afternoon, led by energy and banking stocks. Nine out of 11 sectoral indices were trading in the red, barring tech and materials. CBA expects the Reserve Bank of...

Kalkine Media MAU 7 months ago
Magnetic’s Lady Julie North stuns with thick, shallow gold hit

Magnetic has recorded its best and most consistent shallow gold intersection to date at the Lady Julie North system within its portfolio in WA’s Goldfields. The outstanding 38m intersection grading 3.6 grams per tonne (g/t) gold from a dept...

Stockhead MAU 7 months ago
Gold Digger: Feds inflation warning sends prices diving

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...

Stockhead MAU 7 months ago
Gold Digger: Sizzling oil prices suggest gold will hit US$2000/oz soon

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...

Stockhead MAU 7 months ago
Gold Digger: ASX gold stocks making gains on good news stories

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...

Stockhead MAU 7 months ago
Magnetic Resources just scratching the surface with targets identified across 14km near Laverton

The incredible scope of Magnetic Resources’ Hawk’s Nest and Lady Julie projects in the WA Goldfields is starting to emerge, with the ASX-listed explorer identifying new drilled gold and workings rich targets across nine areas over 14km. Mag...

Stockhead MAU 7 months ago
Lady Julie yields strong headline gold hit for Magnetic

WHILE a resource estimate remains elusive Magnetic Resources has reported a strong headline gold drill intersection at Lady Julie North near ...

Mining News MAU 7 months ago