Articles On Musgrave Minerals (ASX:MGV)

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...

Ramelius Resources has achieved its best quarterly results for the 2023 financial year (FY23) so far with 68,752 ounces of gold produced within a guidance of 67,500–77,500 ounces. 240,996 ounces was produced for FY23 in total within the lo...

Greenstone has clearly demonstrated the wisdom of adopting a resource growth strategy with the upgrading of its global gold resource by 57% to 520,134oz. The company, which shifted away from small scale mining some 12 months ago, upgraded t...

Westgold Resources has advised the market that it does not intend to increase its takeover offer for Musgrave Minerals, in the wake of a superior offer from Ramelius Resources. Last month, Westgold made an off-market all-scrip offer of one...

Ramelius Resources (ASX:RMS) has swooped in and snatched Musgrave Minerals (ASX:MGV) after the latter rejected an all-paper offer from Westgold. Ramelius and Musgrave moved quickly to finalise their deal (and prevent Westgold from consideri...

Westgold Resources appears to be bowing out of the battle for Musgrave Minerals, saying it will not be improving its offer following a rival bid from Ramelius Resources. 

Ramelius Resources and Musgrave Minerals have entered into a bid implementation agreement (BIA). The BIA is in accordance with what Ramelius will offer to acquire all the issued ordinary shares of Musgrave by way of a cash and scrip off-ma...

This article is a sponsored feature from Mining.com.au partner Astral Resources Ltd. It is not financial advice. Talk to a registered financial expert before making investment decisions. When Irish prospector Patrick ‘Paddy’ Hannan made his...

04 Jul 2023 - Ramelius Resources has swooped in and snatched Musgrave Minerals after the latter rejected an all-paper offer from Westgold.

West Perth-based junior miner Musgrave Minerals has recommended shareholders approve a takeover bid by Ramelius Resources after rejecting an earlier offer from Westgold Resources as “opportunistic”.

Gold dips its toe below $US1900/oz, but it was too cold so it pulled back up Ora Gold scores a strike at Garden Gully Northern Stawell upgrades its gold inventory 59% Tanami to prove up more resources at its namesake gold project in the NT...

Directors of West Perth-based junior miner Musgrave Minerals have reaffirmed their opposition to a takeover bid by Westgold Resources.

Musgrave Minerals (ASX:MGV)’s board has unanimously advised shareholders to decline the all-stock bid presented by Westgold Resources (ASX:WGX), asserting that the offer undervalues the company and fails to account for its growth potential....

Musgrave Minerals’ (MGV) board of directors have unanimously recommended that shareholders reject Westgold Resources’ (WGX) takeover offer lobbed on June 6 Westgold offered to buy the company at 25 cents a share, however, since the anno...

Musgrave Minerals believes Westgold Resources’ all scrip takeover bid is “opportunistic” and doesn’t recognise the exploration and development potential of the company and its Cue gold project, which continues to deliver extremely high-grad...

26 Jun 2023 - The board of Musgrave Minerals (ASX:MGV) has advised shareholders to decline the all-stock bid presented by Westgold Resources (ASX:WGX), asserting that the offer und…

Musgrave recommends shareholders reject Westgold takeover, saying they can create more value by going it alone at the Cue gold project Perenti announces $410 million takeover of DDH1 Drilling, putting Australia back at the centre of the mi...

Westgold Resources has completed a bidder’s statement in relation to its offer to acquire all fully paid shares in Musgrave Minerals. Westgold is offering shareholders one share in the company for every 5.37 Musgrave shares. Westgold is cu...

  De Grey gets bigger, and bigger, and even bigger ahead of its imminent DFS Catalyst Metals has some bonkers grades coming out of the Iris deposit at Four Eagles Cue: lots of gold. Musgrave’s Break of Day gold deposit returns “excellent”...

Highlights Musgrave Minerals (ASX: MGV) has received new assay results from RC drilling across several deposit and prospect areas at its Cue Gold Project. The assays highlight excellent results with many intercepts above the current Mi...

It’s not surprising there is so much interest in Musgrave Minerals’ flagship Cue gold project when drilling just keeps delivering eyewatering gold grades and providing further evidence it is one of the highest grade undeveloped projects in...

ShareCafeThe Week that Was: June 5-9, 2023 We at ShareCafe understand you are busy and may not have been left with enough time to keep up with the quality content we’ve been bringing you throughout the week. To make it easier to do so, here...

Gold explorer Musgrave Minerals tells shareholders to take no action in response to $177m Westgold scrip bid FMG brings back Elizabeth Gaines in part time executive role – at $1.265m a year Materials up 1% as commodities rise and iron ore...

The USD’s status as the world’s reserve currency is under attack: Goehring & Rozencwajg This could be a rocket under the price of gold, most trusted store of value across the globe for over 3,000 years Weekly Small Cap Standouts: Iceni...

Gold miner Westgold Resources (ASX:WGX) has released its official Bidder’s Statement for its proposed $177 million buyout of explorer Musgrave Minerals (ASX:MGV). The two resources companies first flagged the potential all-scrip deal on 6 J...

Alto Metals (ASX:AME) has a work program in place for H2 2023 as it prepares for deeper reverse circulation (RC) drilling at Indomitable Camp and having identified several new lithium targets within the Sandstone Gold Project. The company r...

07 Jun 2023 - Gold miner Westgold Resources (ASX:WGX) has announced a $177 million all-paper takeover offer for tiddler Musgrave Minerals (ASX:MGV) in a deal launched with a touch …

ShareCafeMarket Forces Westgold’s Hand with Musgrave Gold miner Westgold Resources has announced a $177 million all-paper takeover offer for tiddler Musgrave Minerals in a deal launched with a touch of controversy, but with the aim of uniti...

ShareCafeASX closes 1.2% lower as RBA lifts cash rate 25 basis points by Peter Milios   At the closing bell, the S&P/ASX 200 was 1.2 per cent lower at 7,144.50, after the Reserve Bank’s decision to lift the cash rate by 0.25 per cent. T...

ShareCafeASX 0.7% lower at noon as investors await RBA rate decision by Peter Milios   At noon, the S&P/ASX 200 is 0.7 per cent lower at 7,165.50 as traders await the Reserve Bank of Australia’s interest rate decision at 2.30pm. Consume...

Gold explorer and developer Westgold Resources (ASX:WGX) has made a play for fellow ASX-listed Musgrave Minerals (ASX:MGV) in a potential $177 million deal.  Westgold on Tuesday 6 June 2023 announced its intent to launch the all-scrip takeo...

ShareCafeStocks of the Hour: SIG, MGV, ADD                    Sigma Healthcare (ASX:SIG) has been awarded a supply contract with Chemist Warehouse. CEO Vikesh Ramsunder commented: “The contract allows us to leverage our highly automat...

Westgold wants Musgrave’s Cue gold project to feed its treatment plants in the Murchison.

06 Jun 2023 - A snapshot of the stocks on the move featuring Sigma Healthcare (ASX:SIG), Musgrave Minerals (ASX:MGV) and Adavale Resources (ASX:ADD).

Westgold Resources has made an unsolicited takeover bid for Musgrave Minerals. Under the terms of the offer, Musgrave shareholders would receive one fully-paid Westgold ordinary share for every 5.37 Musgrave shares held at a price of $0.30...

Perspectives on key demand drivers and their implications for PGM demand are diverging Biggest demand sector for PGMs is auto catalysts in car exhausts which are being phased out by EVs Producers relying on an emergent hydrogen economy to...

ASX-listed gold explorer Musgrave Minerals (ASX:MGV) has completed a ‘significant’ amount of drilling as part of a stage two Prefeasibility Study (PFS) for its Cue Gold Project in Western Australia. The company reports this drilling aims to...

Musgrave Minerals (MGV) strikes high grade results at the Leviticus deposit within its flagship Cue gold project in Western Australia The company received assays from its 46-hole reverse circulation program which returned results includ...

Highlights Reverse circulation drilling at Leviticus (located within MGV’s Cue Gold Project) returns new high-grade mineralisation New mineralised position is outside the current Mineral Resource Estimate (MRE) and open pit design Inf...

Musgrave Minerals has hit paydirt yet again at its Cue gold project, with drilling at the Leviticus prospect delivering bonanza-grade hits and potentially unearthing a new high-grade lode outside of the existing 927,000oz resource. Musgrav...

Highlights Musgrave Minerals concluded the Stage 1 Prefeasibility Study (PFS) on its tenure at the Cue Project in April 2023. The Stage 1 PFS results reflect a high-margin standalone production opportunity for MGV. The company raised...

Gold sold off violently from highs in 2020 and 2022, but is holding its ground in 2023 “An important bullish signal for gold could be a weekly close above US$2035, the highest close in history”: FxPro Weekly ASX small cap standouts: Chesse...

Australia’s longest running and largest diversified resources conference on the East Coast – the RIU Sydney Resources Round-up – is returning for another year at the Hyatt Regency Hotel in Sydney. Unprecedented demand this year – the strong...

Highlights Musgrave Minerals (ASX:MGV) today released its updated 3D interactive model for the Cue Gold Project with Stage 1 PFS design. The new three-dimensional interactive model is run with the help of the VRIFY Technology Platform...

ASX miners adding to hedge books at prices up to A$3200/oz – well above record highs Heavy hedging a vestige of times past due to losses suffered in the late 90s, early 2000s Regis Resources still has 145,000oz of legacy hedges at frighten...