Articles On Magnetic Resources (ASX:MAU)

Stockhead’s In-Case-You-Missed-It highlights some strongest performing ASX stocks that might have slipped below the radar today.  It’s a short, sharp update to help frame the trading day by showing some of the biggest movers in percentage t...

With the gold price at $3000/oz, ASX listed gold explorer Magnetic Resources is striking at the perfect time, rolling out an RC drilling blitz to capitalise on the bright outlook for both gold and its Lady Julie North deposit near Laverton....

Banking crisis sparks gold ETF inflows for the first time in 10 months Central Banks continue buying up gold at record levels Every larger gold stock on our list enjoyed gains this week led by double digit gains for the mid-tier and advanc...

Gold breaches US$2,000oz with ease on weak US economic data A weaker jobs report Friday could see record highs tested Wednesday small cap standouts: Investigator, Labyrinth, Rox Our Gold Digger column wraps all the news driving ASX stocks...

Resources and Energy Quarterly (R&EQ) analysts reckon gold will tumble to US$1550/oz by 2028 Don’t fret: recent R&EQ gold predictions have been way off the mark Monday’s Precious Metals Stock of the Day: Battery Minerals (ASX:BAT)...

Gold ($US1981/oz), silver ($US23.91/oz) continue to trade just below recent highs All top 15 stocks by market capitalisation gained between 2- 20% this week, for an average of 8% ASX gold standouts this week: Regis Resources, Ramelius Reso...

FxPro predicts US$2600/oz gold price, sparked by changes in monetary policy 6 of the top 8 gold stocks by market cap have made double digit gains so far in 2023, led by Newcrest (ASX:NCM) with 29% Our Gold Digger column wraps all the news...

Ramelius Resources reigns supreme with top gold discoveries in the last five years Newcrest Mining is close on its heels, taking out 2nd place This amateur prospector just found a gold nugget worth $240K    Our Gold Digger column wraps a...

Al Jazeera investigation uncovers ‘money washing’ scheme using Zimbabwean gold involving senior diplomats, church leaders Zimbabwe produced a record high ~356t (12.5Moz) gold in 2022 Fast-deprecating currency makes Zimbabwe perfect breedin...

While gold has shined this year, platinum group metals are well off their recent highs Metals Focus says rare PGE rhodium could be in for a rerate this year that big Used in catalytic converters, rhodium supply is in deficit and largely co...

Chinese media announced a major “50t” gold discovery over the weekend, containing metal worth “US$3 billion” In the grand scheme of things it doesn’t appear that big Christian joins Gold Digger live from France to unpack the US Fed meeting...

Gold prices threaten $3000/oz in Aussie dollar terms Fitch says they could move towards US$2075/oz record, but are likely to hit resistance Besra up after announcing US$300m funding deal for 3Moz Bau gold project in Malaysia Our Gold Digg...

Gold prices surge 3% on bank fears, threatening US$2000/oz This week’s rate decision by the US Fed could weigh on gold after prices broke through Australian dollar record $2900/oz Ramelius down on Breaker deal, Tietto up after commissionin...

Central banks are buying gold at record levels with holdings now at 50-year highs: Sprott Gold tends to hold its value in times of crisis Central Bank buying ‘extremely’ bullish: Goehring & Rozencwajg They say investors with no perform...

Gold defends psychologically important US$1800 level and is currently paying ~US$1840/oz Rox Resources up 66% on monster hit outside 3.2Moz Youanmi resource Miners Ramelius (+20%), Resolute (+14%) lead strong week for mining stocks Our Go...

The ASX fell today because US data gave Wall Street the willies on Friday A month’s worth of shipping data shows coal shipments to China are on the rise Qantas celebrates last week’s $1bn profit by slashing regional services. Again   Toda...

Perseus Mining (ASX:PRU) continues to claim the title of ‘ASX’s Most Consistently Good Gold Producer’ Other ASX miners a mixed bag Gold is currently at a 2-month low of $US1835/oz Our Gold Digger column wraps all the news driving ASX stoc...

Magnetic may be progressing its Laverton project area towards mining but the company is nowhere done with continuing efforts to further boost resources. Not only is mineralisation at the Lady Julie North 4 (LJN4) deposit open at depth and...

Good progress is being made on early works that will lead to Magnetic’s submission of a mining proposal for the Hawks Nest and Lady Julie gold deposit within its Laverton project in WA. The broad scale study, which encompasses the key ore z...

Magnetic Resources (MAU) expands the mineral resource estimate (MRE) at the Laverton and Homeward Bound areas in WA by 18 per cent The updated combined MRE now sits at 13.5 million tonnes at 1.4 grams per tonne (g/t) gold, totalling 605,...

Gold rallies past US1,950/oz on Fedspeak, before falling back below US$1,920/oz on Friday “Bullion traders will need to see disinflation trends remain strong and for the labour market to soften for the bull case to remain in place”: OANDA’...

Magnetic has upgraded combined resources at its Laverton and Homeward Bound project area by 18% to 13.5Mt at 1.4g/t gold, or 605,000oz of contained gold. The upgrade is due to successful drilling at the Lady Julie North 4 (LJN4) and Lady Ju...

Australian gold company Magnetic Resources (ASX:MAU) reports it has received positive metallurgical results from samples tested at the Lady Julie Central, and Lady Julie North 4 gold deposits, located within the Lady Julie Project in Wester...

Magnetic’s preliminary metallurgical testing has proved that gold is readily recovered from ore sourced from Lady Julie project near Laverton, Western Australia. Just simple gravity recovery is capable of recovering 35.3% and 75.1% of the g...

Magnetic Resources (ASX:MAU) has decided to spin out its non-gold assets into a new listed entity called Aureole Resources. The company has appointed Ventnor Securities as lead manager to the initial public offering (IPO) of Aureole Resourc...

Metals Focus reckons early 2021 Reddit squeeze sparked almost two years of record retail silver demand US market achieved a new high last year of almost 4,000t of physical silver investment, “a performance which could be eclipsed this year...

ASX-listed gold company Magnetic Resources (ASX:MAU) reports it has received the thickest gold intersections to date following reverse circulation (RC) drilling at the Lady Julie 4 Deposit in Western Australia.  The results, generated by 2...

Two massive intersections augur well for the expansion of the 109,000oz Lady Julie North 4 resource, part of Magnetic’s Laverton project in WA. In June, Magnetic Resources (ASX:MAU) released a maiden combined resource at Laverton of 511,000...

Markets overnight were scrambling to adjust to a shock move by the Bank of Japan to allow the yield on 10-year Japanese government bonds to shift up to 0.50 per cent instead of its long-preferred 0.25 per cent cap. In a nutshell, Japan’s be...

Gold prices have historically outperformed during recessions ANZ research raises end of 2023 gold price target to $US1,900/oz Weekly small cap standouts: Peregrine Gold (ASX:PGD), Ora Gold (ASX:OAU) Our Gold Digger column wraps all the ne...

Central banks buying gold at the fastest pace on record Another gold bull signal for 2023 — the crypto collapse Global silver demand on course for record high in 2022 Our Gold Digger column wraps all the news driving ASX stocks with expos...

Magnetic Resources reckons its Trayning tenements in the wheatbelt region of Western Australia could potentially be a new rare earths elements (REE) region, after their latest batch of assays. The company has intersected ‘significant’ thick...

An upgrade to the Lady Julie North 4 Resource is looking likelier than ever after Magnetic’s drilling intersected high-grade gold outside the current resource area. Notable results such as 8m at 9.48 grams per tonne (g/t) gold from a down-...

Gold could have steady path towards $US1,800 level if dollar weakness remains: OANDA ASX gold miners surging this week, led by Evolution Mining +30%, Capricorn Metals +27%, and Regis Resources +27% Weekly small cap standouts: Focus Mineral...

Just five miners/ near-term gold miners are in the green over the past 12 months They include Tietto Minerals, Ora Banda Mining, Emerald Resources, Capricorn Metals and Perseus Mining Top precious metals stocks this week: Hamelin Gold, Zul...

Since reaching its peak in the summer of 2020, silver has fallen ~35% Smart money is going net long on silver, speculators almost net short; a good sign for silver outlook say Goehring & Rozencwajg This week’s top ASX precious metals s...

Magnetic Resources has commenced early works at the Hawks Next and Lady Julie gold deposits at its Laverton project in WA. The work being undertaken by Blue Cap Mining is designed to cover the key approvals and to confirm the economic viabi...

USD gold price continues to fall, currently $US1,621/oz Mixed bag of results for gold producers in Q1: Perseus, Northern Star outperformers so far Weekly small cap standouts: Strickland metals, Medallion Metals. GBM Resources Our Gold Dig...

Retail investment in gold, silver has either hit new peaks or held up at multi-year highs, says Metals Focus 1 ounce gold Maple Leaf in the US commands a 40% premium at the retail level, for example This week’s top movers: Sihayo, Dacian,...

Southern Cross Gold pulls up the highest gold grades to date in drilling at the Sunday Creek project in Victoria Lithium explorer Cygnus Gold names David Southam as incoming managing director Eastern Resources hits thick pegmatites (lithiu...

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...

Benchmark spikes, falls, recovers, trips again, stays down.   Small caps just fall Delta Drones, Danakali rise   Choppy, dicey, angsty trade on Monday. Low volumes and high volatility. It’s almost like the markets themselves are in fact s...

Magnetic’s rare earths ambitions have been brought sharply into focus after initial drilling at its Trayning tenement in WA returned intriguing, shallow clay-hosted mineralisation. Results from the wide-spaced drill program are 52m grading...

ASX 200 down 0.5% Small caps  crash about 1.1% OXR up 50% on some quality HR     And that’s how you say Wednesday was merde in French. Let’s do some good news first. Aussie retail sales climbed for an eighth consecutive month in August,...

There’s plenty of room for Magnetic to expand gold resources at its Lady Julie North 4 deposit if its latest drilling extending mineralisation is anything to go by. Results such as 20m grading 1.06 grams per tonne (g/t) gold from a down-hol...

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...

PGM demand will remain strong until about 2025, when it will start to fall off a cliff: Metals Focus Why 2025? Because that’s when electrification of transport really kicks up a gear However, Bridge Street Capital analyst Chris Baker belie...

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...

The placement saw interest from existing shareholders, allowing Magnetic to advance its Laverton Project gold deposits and adding extensions to Lady Julie 4. Magnetic Resources (ASX:MAU) directors contributed $600,000 towards the placement...

ASX 200 eeks out 0.3% Small caps index barely finds 0.2%  Economists forecast RBA to go a 50bps rate rise tomorrow   The local market is not covering itself in glory on Monday, September 5. The S&P/ASX 200 has risen on the strength o...