Articles On Musgrave Minerals (ASX:MGV)

  Pilbara Minerals has allocated up to 620,000tpa of spodumene with large Chinese lithium converters in hint they remain positive on EV demand Ramelius responds to mine life concerns with decade long 150,000ozpa plan for Mt Magnet Bellevue...

Ramelius Resources (ASX:RMS) appears to embrace the adage "a takeover a year keeps the wolves at bay," as evidenced by its latest development. This time, instead of targeting a small rival, the company's sights are set on a significant acqu...

Tietto does not believe any investors have taken up Chinese purchaser Zhaojin’s 58c per share bid for the African gold miner It comes after Zhaojin announced a fourth extension of the offer, this time to April 5 As gold prices rise, Ramel...

Indonesian coal dynasty and Aussie trader fly in with US$1.65 billion deal for South32’s Illawarra coal mines It will see South32 focus purely on battery, base and critical metals like copper, zinc, silver, manganese and aluminium Westgol...

In the last few months market participants have chased the rage in AI/tech stocks, cryptocurrencies and uranium stocks. There seems to be no end to their relentless rise. Momentum begets momentum. These are the themes that financial pundits...

Westgold Resources (ASX:WGX) has raised eyebrows in the mid-cap mining sector with the announcement of a $100 million revolving credit facility. This news comes at a time when the company boasts $217 million in cash and liquid assets at the...

Argonaut has delivered its 2023 list of best undeveloped mining projects on the ASX But which 12 exciting projects sat just outside its criteria Lithium, gold, uranium, rare earths and niobium proponents all got a look in A few days ago...

Spot gold prices are up since this time last week, and ASX goldies are benefitting ANZ upgrades its gold outlook for rest of this year, and 2024  The week’s top ASX gold-related stocks led by: TG1 and CPM   First things first, let’s just...

US, Aussie spot gold prices down this week, but safe haven could soon find demand Canadian gold expert: hyperinflation contagion spreading to US The week’s top ASX goldies: North Stawell Minerals and Nagambie   It wasn’t the greatest week...

New World Gold Council report points to thriving gold industry and long-term demand Meanwhile, gold prices are still healthy but fractionally down from this time last week The week’s top ASX goldie gainers: STK, TIE, ENR   Right then, gol...

  After ramp up blues, will Chinese premium be enough to satisfy the board and shareholders of Tietto Minerals? $649 million offer comes in hefty or cheap depending on your perspective Ramelius, Pantoro and St Barbara report   Gold miner...

New report from Metals Focus predicts AI adoption could play a big role in tech sector’s need for gold and other precious metals Gold price momentum slows but still looks technically strong, says analyst The week’s top ASX goldie gainers:...

The ASX200 has finished the week on a high edging up by point-four of a per cent. Financials did well, adding 1.2 per cent, with materials also up nearly three-quarters of a per cent. With oil prices falling back in recent days, energy s...

ING downgrades Q4 gold price forecasts, but expects prices to move higher again in Q1 “on the assumption that the Fed will start cutting rates” Bloomberg commodities guru Mike McGlone: $US3000/oz may be “rendezvous point” ASX gold stock of...

China’s property market and depressed yuan has domestic investors flocking to gold Price differences between Shanghai spot gold and the West have gone from a decade average of US$6 to more than US$100 of late De Grey’s DFS is out with a $3...

Welcome to Ten Bagger, where Lowell Resources Fund chief investment officer John Forwood gives us his take on a sector of the ASX resources market full of value. This month, John tells us which slept on WA gold explorers could be ripe for t...

A summary of the highlights from Broker Call Extra updates throughout the week past. Broker Rating Changes (Post Thursday Last Week) Upgrade ALS LIMITED ((ALQ)) Upgrade to Buy from Neutral by Jarden.B/H/S: 0/0/0 Jarden believes a turning po...

Ramelius Resources (ASX:RMS) has officially acquired more than 90% of the shares in Musgrave Minerals (ASX:MGV), meaning it will now move to compulsory acquisition of all remaining Musgrave shares. Under the Corporations Act, a sharehol...

Ramelius Resources has announced it has acquired over 90 per cent of shares in Musgrave Minerals’ and seen a 28 per cent mineral resource increase at its Penny gold mine in WA. Ramelius Read MoreAustralian Mining.

  BDO says Bill Beament’s bid for Essential Metals and its Pioneer Dome lithium project is “not fair but reasonable” in the absence of a better offer It could give Chris Ellison another chess piece in his game to consolidate the Goldfields...

Ramelius Resources (ASX:RMS) intends to increase exploration spending by 20% in 2023-24 as it strives to transform resources into reserves. The company faced a decline in a key measure during the year to June. In an update on resource reser...

At $3014/oz, local gold is currently paying near record prices Should these current levels hold, Aussie miners could be looking at another big income bump in FY24 Top ASX Gold Stories of the Week: Southern Cross Gold, Toubani Resources Ou...

Gold and base metals explorer Musgrave Minerals (ASX:MGV) has returned gold grades upwards of 1,122 grams per tonne amid Ramelius Resources (ASX:RMS) off-market takeover.  Musgrave announces these results were generated from reverse circ...

Highlights Musgrave Minerals has received excellent assay results from RC grade control drilling at the Break of Day and White Heat deposits. The company conducted grade control drilling to de-risk project development. The two deposit...

Wall Street closed for labour day, but European shares closed lower The RBA is set to hand down its rates decision today What the RBA decision will mean for homeowners   Australian shares are set to open higher on Tuesday as the US market...

Highlights Musgrave Minerals has announced major Board changes as a controlling interest of 50.1% in its issued share capital, has been acquired by Ramelius Resources. The Bid Implementation Agreement (BIA) allows Ramelius to take up t...

  Westgold Resources (ASX:WGX) Managing Director Wayne Bramwell provides an update on the company, discussing drivers behind production results, the gold price, and plans going forward. Peter Milios: We are talking today with Westgold Resou...

Ramelius Resources (ASX:RMS), amidst a robust performance in the fiscal year 2022-23 despite industry-wide cost pressures, has increased its annual dividend to 2 cents per share. The move is expected to attract more acceptances from shareho...

Ramelius Resources has declared its takeover of fellow gold explorer Musgrave Minerals unconditional on the back of posting a sizeable profit in the year to June.

Fortescue continues to bring the drama with the sudden departure of metals CEO Fiona Hick adding to the intrigue Total dividends for the iron ore giant came in at over $5 billion despite the revolving door in its C-Suite Gold miners Gold...

Ramelius Resources has received acceptances for 47.36 per cent of Musgrave Minerals shares. In early July, Ramelius Resources and Musgrave Minerals Read MoreAustralian Mining.

Garimpeiro has a milestone birthday coming up that he would rather forget. Let’s just say the milestone event has prompted him to think about easing back on trying to monitor the hundreds of junior explorers out there. It’s why he had a loo...

  Copper inventories are down around 26% this year, testing multi-year lows ANZ commodity strategists say ‘significantly higher prices’ may be needed to rebalance the market in the event of a supply or demand shock Rio inks infrastructure...

Similarities between the 1970s bull run, which saw gold soar 2,300%, and today “If the 1970s analogy holds, the next leg will be explosive”: Goehring and Rozencwajg This week’s top ASX precious metals stocks Our Gold Digger column wraps a...

Renowned gold mining executive Raleigh Finlayson is tipping a spate of intensified deals in the Australian gold sector, expressing an uncommonly bullish outlook for the precious metal. As the Managing Director of Genesis Minerals, Finlayson...

China’s gold imports have risen a massive 16% in the first half of 2023 Spot prices are down following the US Fed hiking interest rates to 5.5% De Grey has gold options here, there and everywhere in the Pilbara Our Gold Digger column wrap...

It’s no secret that the world of explorers, especially when it comes to old world commodities like gold, copper and silver (i.e. not lithium and rare earths), has been turned on its head this year. Higher interest rates across the Western w...

Australian gold explorer Musgrave Minerals (ASX:MGV) has confirmed gold grades of up to 676g/t Au through grade control drilling at its flagship Cue Gold Project in Western Australia. The $192.14 million market capitalisation company report...

Highlights Musgrave Minerals has announced grade control assays from RC drilling on Starlight Lode at Break of Day, on its Cue Gold Project, confirming its high-grade endowment. Grade control drilling (7.5m x 7.5m) is underway to de-ri...

The ASX200 has slipped more than half a per cent today. Australia’s retail sales volumes are down for the third quarter in a row.  Data just released by the ABS showed volumes fell another half a per cent in the June quarter, reflecting...

Musgrave Minerals (MGV) confirms “exceptional” gold grades at its Cue gold project in WA’s Murchison District Significant assays include 19 metres at 112 g/t gold from 27 metres and 28 metres at 68.5 g/t gold from 21 metres Drill hole...

Futures suggest the ASX will open lower today as investors contemplate the unexpected downgrade of the USA’s top-tier sovereign credit rating. Tech shares have reigned in ahead of earnings from Apple and Amazon, which are expected this F...

Musgrave Minerals has further de-risked its flagship Cue gold project with grade control drilling confirming the exceptional high gold grades previously discovered within the Starlight Lode, part of the Break of Day trend. Recently complet...

Westgold Resources (ASX:WGX), the operator of the Bluebird and Big Bell gold mining operations in Western Australia, has made a daring prediction that its costs will ease in the coming financial year. In a recent update to the ASX, the comp...

Gascoyne has no need for pixie dust to fly, rather it’s the impressive better-than-doubling upgrade to resources at its Never Never deposit that has improved its fortunes. While shares in the company have risen around 28 per cent this week...

Highlights Musgrave Minerals (ASX: MGV) has noted that Westgold Resources Limited’s offer has closed and lapsed. MGV directors have accepted Ramelius’ takeover offer for all shares they have. The company’s directors unanimously recomm...

With the release of Evolution Mining’s June quarterly report, the company has confirmed that drilling at its Ernest Henry copper-gold project in Queensland has enhanced the extension project at the mine. “As we move into FY24 (financial ye...

Mid-tier goldies Westgold and Ramelius are seriously outperforming the GDX this year We spoke to MDs Wayne Bramwell and Mark Zeptner on why they’ve performed so well in 2023 In the past five years the Australian gold sector has become, in...

Gold surges to US$1960 on geopolitical risk, softer inflation figures Sold down ASX producers, project developers enjoy strong gains 5 +$1bn capped gold stock ink double digit gains, the rest not far behind Our Gold Digger column wraps al...

The All Ordinaries Gold Sub-Index (comprising 24 gold stocks)  is up 15.44% YTD, a massive 40.1% over the past 12 months, and 27% over the past 5 years Gold miners begin rolling out FY23 results Standout small caps of the week: Titan Miner...