Articles On Marmota (ASX:MEU)

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...

This purchase renews the company's focus on gold and represents the most significant gold-related acquisition in its history.

It has been an ‘extraordinary’ gold run over the past few days, according to OANDA UK & EMEA senior market analyst Craig Erlam. The price of the precious metal is now at 5 month highs of +$US1,860/oz. Pic: Gold price over the past year....

Tyranna received A$3 million for the project, which consisted of A$2.5 million total cash consideration, including a A$300,000 deposit and 9,547,626 fully paid ordinary shares in Marmota.

Marmota is digesting its acquisition of the Jumbuck gold project from Tyranna Resources, representing the largest expansion of its gold interests in the Compan’s history The tenements that make up Jumbuck are adjacent to the company’s stand...

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...

“Your Stock Request” is a weekly video where we analyse share price charts for stocks on the Australian market (ASX) as requested by you! Email us at [email protected] with your stock request. Limit of one per person, no guarantee o...

RockTalk is a Stockhead video series featuring a roundtable of resources experts discussing a new macro topic each week. The program is sponsored by Bridge Street Capital Partners, a leading ECM and principal investment firm focused on mini...

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...

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...

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...

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...

Marmota will more than double its footprint over the prospective Gawler Craton gold tenure after securing ministerial consent for its acquisition of the Jumbuck gold project. Taking its acreage in the South Australian region up from 5,000sq...

Settlement under the terms of the share and asset sale agreement is expected to occur by October 31, 2021. 

Settlement under the terms of the share and asset sale agreement is expected to occur by October 31, 2021. 

Minerals260 (ASX:MI6), a spinoff from Liontown Resources (ASX:LTR), enjoyed a positive debut despite the ASX finishing down again. The ASX 200 retreated 0.26% to close at 7,821 points with all sectors in the red except consumer staples and...

“A preliminary inspection of the diamond drilling core has revealed sightings of visible gold which is plainly promising, and a new first for Aurora Tank,” chairman Dr Colin Rose said.

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...

With the increasingly bullish outlook on uranium, timing appears perfect for Marmota (ASX:MEU) to return to its uranium roots with the acquisition of the Junction Dam uranium tenement. Marmota started out as a uranium explorer and spent mo...

“The acquisition of the Junction Dam tenement makes Marmota, for the first time, masters of our own destiny in the uranium space. It is the first and critical step for the company to realise value of this outstanding asset for our sharehold...

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...

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...

The Aurora Tank gold discovery is about 100 kilometres southwest of Coober Pedy and 50 kilometres northeast of the Challenger Gold Mine in the Woomera Prohibited Defence Area of South Australia.

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...

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...

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...

The mining exploration company recently completed the upgrade of camp infrastructure at Aurora Tank, doubling water storage capacity, which is necessary for the diamond drilling program. 

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...

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...

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...

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...

Marmota’s Aurora Tank gold discovery is about 100 kilometres southwest of Coober Pedy and 50 kilometres northeast of the Challenger Gold Mine in the Woomera Prohibited Defence Area of South Australia.

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...

“We are delighted to get the long-awaited diamond drilling program underway. This program is focused primarily on advancing Aurora Tank to production,” says chairman.

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...

Despite the unexpected recent State border closures due to COVID-19, the diamond drilling rig is expected to arrive this weekend at Aurora Tank.

An upcoming diamond drill campaign is aimed at advancing a lucrative South Australian gold discovery towards shovel-ready status.

An upcoming diamond drill campaign will begin soon in a bid to accelerate a lucrative South Australian gold discovery towards shovel-ready status.

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...

An upcoming diamond drill campaign will commence in roughly three weeks in a bid to accelerate a lucrative South Australian gold discovery towards shovel-ready status.

Uranium optimism is growing with governments around the world including nuclear energy in their plans to slash carbon emissions and the US saying outright that achieving its climate goals would not be possible without nuclear plants. Nuclea...

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...

Marmota has purchased the Jumbuck gold project in north-western South Australia, following a $2.4 million payment to Tyranna Resources. The project surrounds the Challenger gold project, owned by Barton Gold, which has an estimated mineral...

Marmota has paid the $2.4 million cash component of the acquisition into a trust account to be released on receipt of Ministerial Consent for the sale of the Project.

All conditions precedent to the updated share and sale agreement have been satisfied, leaving only receipt of the Ministerial Consent for completion.

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...

The mining exploration company recently completed the upgrade of camp infrastructure at Aurora Tank, doubling water storage capacity, which is necessary for the diamond drilling program. 

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...

With the camp upgrade now complete, Marmota will be able to proceed with its planned diamond drilling program.