Articles On Musgrave Minerals (ASX:MGV)

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...

Aussie Google searches for ‘how to buy and gold and silver’ at 12 year highs Reporting season: Wednesday small cap standouts: GBM Resources, Ora Banda Mining Our Gold Digger column wraps all the news driving ASX stocks with exposure to pr...

Gold and silver edged higher Tuesday to US$1996/oz and US$25.15/oz Unhedged Gold Road Resources (ASX:GOR) sells 41,818oz in March quarter at a record average price of A$2,764 per ounce Small Cap Standouts: Metalstech, Los Cerros Our Gold...

US deficit blew out in the early 2000s, sparking a major bear market for the USD This was a catalyst for a major increase in price of gold, from US$250 in 2001 to a high of ~$2,000 a decade later: Jesse Felder Yesterday’s ASX News Highligh...

ASX 200 gold stock Evolution Mining Ltd (ASX: EVN) has been charging ahead in the last six months. The company’s share price has soared 89% from $1.85 at market close on 20 October to $3.49 at market close on 20 April. For perspective, th...

Gold, eyeing record highs (~US$2070/oz) just days ago, has been chopped down to ~US$2000/oz Gold’s path towards record territory is still there, it just might take a little while longer: OANDA’s Ed Moya Silver holds the psychologically sig...

Rejigged deal will see embattled St Barbara sell flagship Leonora gold assets to Genesis Minerals for ~$600m in cash, shares Deal “reflects the deterioration over recent months in both SBM’s financial and operational position”: Gavin Wendt...

Musgrave Minerals (MGV) says its Cue gold project in Western Australia could be “one of the highest-margin undeveloped gold projects in Australia” A new pre-feasibility study (PFS) shows an initial five-year life-of-mine (LOM) undiscount...

Highlights Musgrave Minerals (ASX:MGV) has received excellent Stage 1 prefeasibility study (PFS) outcomes for its Cue Gold Project. The results confirm Cue is a technically and financially robust project. MGV is planning to conduct S...

Musgrave has delivered very compelling metrics for stage one of its Cue gold project, with the prefeasibility study determining it will be in the lowest cost quartile of Australian gold producers. Musgrave Minerals’ (ASX:MGV) has released t...

Current Aussie gold price of $3013.26/oz means an extra $450 per oz of unhedged production for our local miners Gold miner quarterly reports due to trickle in from later this month Weekly Small Cap Standouts: TechGen Metals, Labyrinth Reso...

Despite a bullish backdrop – COVID, war, inflation shocks, bank failures – gold has traded in an oddly tight range Liberum says all these demand drivers are being ‘cancelled out’ by Fed-led inflation-targeting rate hikes Gold paying US$201...

Banking crisis sparks gold ETF inflows for the first time in 10 months Central Banks continue buying up gold at record levels Every larger gold stock on our list enjoyed gains this week led by double digit gains for the mid-tier and advanc...

Gold breaches US$2,000oz with ease on weak US economic data A weaker jobs report Friday could see record highs tested Wednesday small cap standouts: Investigator, Labyrinth, Rox Our Gold Digger column wraps all the news driving ASX stocks...

Resources and Energy Quarterly (R&EQ) analysts reckon gold will tumble to US$1550/oz by 2028 Don’t fret: recent R&EQ gold predictions have been way off the mark Monday’s Precious Metals Stock of the Day: Battery Minerals (ASX:BAT)...

There’s not much to like about the current state of the global economy – inflation and the cost of living keep rising as interest rates cripple home buyers and spook a lot of investors. But all that is exactly the reason gold has a bright f...

Gold ($US1981/oz), silver ($US23.91/oz) continue to trade just below recent highs All top 15 stocks by market capitalisation gained between 2- 20% this week, for an average of 8% ASX gold standouts this week: Regis Resources, Ramelius Reso...

New research by Jarden addresses recent market concerns around liquidity for Evolution Mining. -ASX gold stocks lagging the rising Australian dollar gold price-Jarden initiates coverage on Evolution Mining and addresses liquidity concerns-S...

FxPro predicts US$2600/oz gold price, sparked by changes in monetary policy 6 of the top 8 gold stocks by market cap have made double digit gains so far in 2023, led by Newcrest (ASX:NCM) with 29% Our Gold Digger column wraps all the news...

Ramelius Resources reigns supreme with top gold discoveries in the last five years Newcrest Mining is close on its heels, taking out 2nd place This amateur prospector just found a gold nugget worth $240K    Our Gold Digger column wraps a...

Al Jazeera investigation uncovers ‘money washing’ scheme using Zimbabwean gold involving senior diplomats, church leaders Zimbabwe produced a record high ~356t (12.5Moz) gold in 2022 Fast-deprecating currency makes Zimbabwe perfect breedin...

Highlights Musgrave Minerals (ASX:MGV) has released its first 3D interactive model of the Cue Gold Project. The image can be accessed on the company’s website. Also, the company is about to wrap up the Stage 1 Prefeasibility Study fo...

While gold has shined this year, platinum group metals are well off their recent highs Metals Focus says rare PGE rhodium could be in for a rerate this year that big Used in catalytic converters, rhodium supply is in deficit and largely co...

Chinese media announced a major “50t” gold discovery over the weekend, containing metal worth “US$3 billion” In the grand scheme of things it doesn’t appear that big Christian joins Gold Digger live from France to unpack the US Fed meeting...

Gold prices threaten $3000/oz in Aussie dollar terms Fitch says they could move towards US$2075/oz record, but are likely to hit resistance Besra up after announcing US$300m funding deal for 3Moz Bau gold project in Malaysia Our Gold Digg...

Gold prices surge 3% on bank fears, threatening US$2000/oz This week’s rate decision by the US Fed could weigh on gold after prices broke through Australian dollar record $2900/oz Ramelius down on Breaker deal, Tietto up after commissionin...

Highlights Musgrave Minerals (ASX:MGV) is one of the leading gold explorers and emerging developers in Australia. The company has released its financial report for the six months period ended 31 December 2022 which saw advancements in...

Central banks are buying gold at record levels with holdings now at 50-year highs: Sprott Gold tends to hold its value in times of crisis Central Bank buying ‘extremely’ bullish: Goehring & Rozencwajg They say investors with no perform...

Gold defends psychologically important US$1800 level and is currently paying ~US$1840/oz Rox Resources up 66% on monster hit outside 3.2Moz Youanmi resource Miners Ramelius (+20%), Resolute (+14%) lead strong week for mining stocks Our Go...

Perseus Mining (ASX:PRU) continues to claim the title of ‘ASX’s Most Consistently Good Gold Producer’ Other ASX miners a mixed bag Gold is currently at a 2-month low of $US1835/oz Our Gold Digger column wraps all the news driving ASX stoc...

Musgrave Minerals (MGV) identifies a potential new high-grade lode at its flagship Cue gold project in Western Australia The company says recent reverse circulation drilling just north of the Break of Day corridor struck a four-metre zon...

Highlights The final drill assays from Musgrave Minerals’ Cue Gold Project have identified a potential new high-grade lode ~50m north of the Break of Day corridor. Having a potential strike of up to 100m, the new lode sits within the...

Musgrave Minerals has identified a possible new high-grade lode along the Break of Day corridor – already one of Australia’s highest grade undeveloped deposits – at its Cue project in WA. Ongoing drilling at Musgrave Minerals’ (ASX:MGV) Cu...

The ASX could fall for the 4th consecutive day Wall Street slipped overnight as talk of a recession became louder More earnings reports on the ASX are due for release today.   Aussie shares could fall for the fourth straight day as shares...