Articles On Magnetic Resources (ASX:MAU)

Summary Magnetic Resources’ shares fell 3% after the company unveiled a capital raising program of AU$2.6 million. The shares were issued at a discount of 12% to the average closing price of the five prior days of trading. The funds w...

Small caps have bounced back from a slow start to finish in the green – barely. The Small Ordinaries index finished Friday up 2.6 points, or 0.08 per cent, to 3,318.8, slightly underperforming the All Ordinaries which rose 0.12 per cent. Th...

After a couple of days in the red, the ASX rebounded into positive territory today. The ASX 200 rose 0.83 per cent closing at 7,055 while the ASX Emerging Companies Index closed 0.22 per cent higher at 2,095. Most sectors were positive with...

Results from Magnetic’s recent 2D seismic survey has supported its belief that the HN9 and Lady Julie areas are part of a shallow, large-scale gold mining centre. The survey has identified eight persistent thrusts that come close to surface...

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...

Source: Kris Patrick, Shutterstock Summary Octanex’s share price is on a tear today and has surged by a massive 66.6% to A$0.075 in today’s session. North Stawell Minerals has surpassed investors’ expectations with its progress, surgi...

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...

For goldies, 2020 was a year when good news was rewarded, and great news celebrated. The precious metal has gained about 22 per cent year-to-date despite treading water since mid-August. And there’s a strong chance 2021 will start off with...

Special Report: WA explorer Magnetic Resources (ASX:MAU) is hitting high grade gold at Hawks Nest 9 (HN9), which is starting ... Read More The post Magnetic Resources intercepts more high-grade gold at Hawks Nest 9 appeared first on Stockhe...

A quick wrap of the ASX’s key winners and losers on Thursday, September 3. Data is taken after the market closes at 4pm AEST. Stocks highlighted in yellow made market-moving announcements during the day. Today 847 stocks rose, 575 declined...

Special Report: Magnetic Resources is cashed-up to advance gold exploration at its Hawks Nest 9 and Lady Julie projects near Laverton, Western Australia, after raising $7.1m increasing its coffers to $10m. The funds were raised through a pl...

OFF the recent drilling success at its Western Australian gold projects, Magnetic Resources has completed a placement to accelerate further ...

Western Australian gold explorer Magnetic Resources has launched a capital raising, to finance drilling and exploration activities on its path to production.

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...

LEADING the way on yet another strong day for the ASX gold patch included gold explorers' De Grey, Bellevue and Magnetic Resources, with the ...

Special Report: Magnetic’s flagship HN9 gold discovery is increasingly looking the goods with recent work identifying at least four stacked thickened porphyry zones. This is particularly exciting as the Hawks Nest 9 (HN9) project near Laver...

Special Report: A stone’s throw from the flagship HN9 discovery is the strongly mineralised Lady Julie prospect, which could “effectively be part of an enlarged potential mining centre”, Magnetic says. The Magnetic Resources (ASX:MAU) share...

Executive Summary gives the CEOs, managing directors and executives of ASX-listed companies the opportunity to deep-dive on their latest news and announcements. This week, Stockhead heard from Magnetic Resources (ASX:MAU) managing director,...

In March, COVID-19 prompted a substantial ‘correction’ which impacted most stocks on the ASX. The bourse has since recovered much of those losses, but with many countries around the world just starting to emerge from COVID-19 lockdowns the...

This COVID-19 induced economic crisis is meant to be the biggest financial setback since with the Second World War or the Great Depression of the 1930s. But no one seems to have told the mining exploration fraternity. This writer was coveri...

Special Report: Storied geophysicist and Magnetic Resources managing director George Sakalidis has a +20-year history of finding profitable mineral deposits on ground many others considered ‘worthless’. In 1996, as a consulting geologist, S...

Western Australia is very well known globally for its extremely fertile gold ground. Just take a look at that spectacular high-grade discovery made at the Beta Hunt mine in Kambalda, 60km south of Kalgoorlie, back in September 2018 by Toron...

Special Report: There’s no better time for a company to be further proving it is potentially sitting on a large, shallow gold deposit than when the price of the precious metal is continuing its record run. Magnetic Resources’ (ASX:MAU) Hawk...

When it comes to porphyry deposits, size counts. These multigenerational monsters are responsible for ~60 per cent of the world’s copper, most of its molybdenum, and significant amounts of gold and silver. Their easy-mining large volumes ma...

Special Report: Investors have keenly tipped a fresh $3m into gold hopeful Magnetic Resources to enable it to gear up  resource and exploration drilling at its promising Hawks Nest 9 (HN9) discovery. Investors have keenly tipped a fresh $3m...

Stockhead’s ‘Garimpeiro’ columnist Barry FitzGerald is back in the studio for another instalment of The Explorers Podcast. In this episode Barry chats with George Sakalidis, managing director of Magnetic Resources (ASX:MAU). Magnetic Resour...

Special Report: Explorer Magnetic Resources is methodically uncovering the massive potential of Hawks Nest 9, a discovery which could become the Laverton region’s next multi-generational gold mine. Former iron ore play Magnetic (ASX:MAU) b...

Special Report: Magnetic has intersected some promising shallow gold results at its Lady Julie project only 1km from the 3km long HN9 Project near Laverton, Western Australia. Fresh from last week’s “breakthrough” discovery of a 57m-thick m...

The World Gold Council’s new Qaurum tool helps investors forecast how gold prices could react under different macroeconomic and geopolitical conditions. Really handy stuff. “Because gold has a unique dual nature as both a consumer good and...

WA-based explorer Magnetic Resources (ASX:MAU) quietly slipped into Stockhead’s top 10 biggest resources movers for 2019 with a 12 month, +278 per cent gain. This former iron ore play may be onto something massive at Hawks Nest 9 (HN9) – a...

A number of sub-$400m market cap miners and explorers enjoyed monster gains this year. We’ve got 44 multi-bagger stocks on our resources list in 2019 (a return of 100 per cent or above); in 2018 there was just 11. But unlike the very balanc...

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...

In this week’s recap of substantial holders, Jamie Pherous bought a 5.3 per cent stake in State Gas for $4.9m, Lombard Odier bought more of Salt Lake Potash, and Regal sold out of Visioneering Technologies and increased its stake in Nickel...