Articles On Musgrave Minerals (ASX:MGV)

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...

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...