Articles On Navarre Minerals (ASX:NML)

Title Source Codes Date
Out of the bag: Here’s why Navarre is now the newest gold producer on the block

Navarre has officially joined the ranks of Queensland gold producers after completing its acquisition of Evolution Mining’s fully-operational Mt Carlton. The deal is immediately transformational for Navarre – with its economic interest in t...

Stockhead NML 2 years ago
ASX Update: Retreat accelerates as Fed, Covid cast cloud

Risk aversion ahead of a lunchtime Chinese economic update and a US central bank policy statement tonight helped drive Australian stocks into the red for the week.   The S&P/ASX 200 declined 42 points or 0.57 per cent by mid-session....

themarketherald.com.au NML 2 years ago
Evolution (ASX:EVN) share price falls despite completing Mt Carlton sale

The Evolution Mining Ltd (ASX: EVN) share price is falling on Wednesday. In morning trade, the gold miner’s shares are down 4% to $3.86. Why is the Evolution share price falling? Investors have been selling down the Evolution share price to...

Motley Fool NML 2 years ago
Navarre Minerals (ASX:NML) completes acquisition of Mt Carlton gold mind

Navarre Minerals (ASX:NML) completes acquisition of the Mt Carlton operations in Queensland Mt Carlton is an established gold operation located 150 kilometres south of Townsville in Queensland Navarre Minerals plans to target high-grade, n...

themarketherald.com.au NML 2 years ago
Navarre Minerals completes transformational acquisition of Mt Carlton gold operation

Navarre Minerals (ASX: NML) has transitioned to the ranks of gold producer following its acquisition of the established Mt Carlton gold mining operation, south of Townsville in Queensland. The low-cost open pit and underground mine plus 950...

SmallCaps NML 2 years ago
Gold Digger: Early 2022 gold rally could turn sour mid-year

It’s been fairly choppy for precious metals this year, with economic recovery, rising nominal yields and the potential for rate hikes dampening investors’ appetite for gold. But on the flip side, new virus variants, fears of stagflation and...

Stockhead NML 2 years ago
Gold Digger: An inflationary bomb is about to go off. It’s time to prepare for the next gold bull market

US Fed chair Jerome Powell finally admitted that inflationary pressures weren’t going to be as sh­­ort-lived as perhaps expected. Earlier this week Powell surprised markets by suggesting it would be appropriate to drop the phrase “inflation...

Stockhead NML 2 years ago
Gold Digger: Gold’s renaissance was short-lived. Have prices bottomed out?

Following a 7.6% surge from late September, the price of gold briefly hit five-month highs of ~$US1,872/oz on fears that current high inflation levels are more than ‘transitional’. Gold is an ‘inflation hedge’; an investment that ostensibly...

Stockhead NML 2 years ago
Gold Digger: These cheap gold stocks might not last long

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...

Stockhead NML 2 years ago
Ground Breakers: Evolution pays $1 billion to head into copper with Ernest Henry transaction

Copper is one of the most sought after commodities in the world right now, and Evolution Mining (ASX:EVN) has become the latest major gold miner to bet big on the “decarbonisation” commodity. Evolution will pay Glencore $1 billion to acquir...

Stockhead NML 2 years ago
Gold Digger: Prices lift off on growing inflation

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...

Stockhead NML 2 years ago
Gold Digger: A global carbon tax could hit gold stocks right where it hurts

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...

Stockhead NML 2 years ago
Gold Digger: Ounce-hungry gold miners investing big $$ in M&A, new developments

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...

Stockhead NML 2 years ago
Gold Digger: Two charts that show how undervalued gold stocks really are

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...

Stockhead NML 2 years ago
Gold Digger: This large Russian gold mine will have its own nuclear power plant

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...

Stockhead NML 2 years ago
Barry FitzGerald: It’s almost time to find out who’s won pieces of the ‘next Fosterville’

Richard Morrow, the veteran stockbroker and long-time supporter of the Victorian mining and exploration industry, has got the spring back in his step. There are two reasons for that. First up, he has been able to get back on to the golf c...

Stockhead NML 2 years ago
The Week that Was – October 4-9, 2021

ShareCafeThe Week that Was – October 4-9, 2021 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,...

ShareCafe NML 2 years ago
Gold Digger: Gold M&A is heating up. Which junior is the next takeover target?

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...

Stockhead NML 2 years ago
ASX Capital Raise Roundup: Welcome back, Ocsober

ASX Capital Raise Roundup is a fortnightly look at ASX capital raisings. October has historically proved to be one of the market’s most challenging months and this first week did not disappoint. Worries about inflation, valuations, China te...

Stockhead NML 2 years ago
Smooth Sailing for Navarre Placement

ShareCafeSmooth Sailing for Navarre Placement There’s gold for gold in the ASX if you have an attractive offer to pitch, as we saw this week. Just as the much larger Commonwealth Bank $6 billion share buyback was heavily sought by investors...

ShareCafe NML 2 years ago
10 at 10: These ASX stocks are moving greater than the rest this morning

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Stockhead NML 2 years ago
Closing Bell: ASX drops again, hit by APRA lending restrictions and NZ rate hike

After a positive start the ASX finished down over 0.5%. Today, APRA ordered the big banks to increase the home loan “serviceability buffer” from 2.5% to 3% from the end of October and hinted more regulation could be forthcoming. Also hittin...

Stockhead NML 2 years ago
Evolution Streamlines with Sale to Navarre

ShareCafeEvolution Streamlines with Sale to Navarre Evolution Mining has slimmed its mine portfolio with the proposed $90 million cash and shares sale of its high-cost Mt Carlton gold mine and Crush Creek prospect in North Queensland to Nav...

ShareCafe NML 2 years ago
Evolution Mining divests Mt Carlton gold mine to Navarre

Highlights Evolution Mining Ltd. has signed a binding agreement with Navarre Minerals Ltd. to sell the Mt Carlton gold mine in Queensland for AU$90 million. The pact is in line with Evolution’s corporate strategy to enrich its portfoli...

Kalkine Media NML 2 years ago
Closing Bell: ASX falls 0.41pc led by tech sell off

On a day Facebook was out for 6 hours, the tech sector – in Australia and abroad – was sold off and that was enough to send the ASX into negative territory. The ASX 200 closed 0.41% down at 7,248 points and tech was easily the worst sector,...

Stockhead NML 2 years ago
From Worley to Evolution Mining: Five stocks that made a splash on ASX today

Highlights Shares of Worley rose nearly 2% after it secured a contract extension from Woodside Energy. Evolution Mining’s shares gained over 3% on a plan to divest its stake in the Mount Carlton gold mine. Adbri’s shares fell 2.6% aft...

Kalkine Media NML 2 years ago
Navarre is in the fast lane, transforming into a gold producer with the Mt Carlton acquisition

Navarre Minerals (ASX:NML) is poised to become a gold producer after reaching a deal to acquire the currently operating Mt Carlton Operations from Evolution Mining. The acquisition of the Mt Carlton mine and Crush Creek project in Queenslan...

Stockhead NML 2 years ago
ASX sags 0.8% ahead of RBA policy meet; Appen, Afterpay lead fall  

Highlights The ASX 200 dropped as much as 1% by mid-session on Tuesday. Barring energy and utilities, all sectors were bleeding in red. Tech stocks were the worst performer, mirroring weak cues from their US counterpart. Software bus...

Kalkine Media NML 2 years ago
ASX 200 opens lower as investors turn cautious ahead of RBA meet

Highlights The ASX 200 was trading with a cut of 0.27% or 20 points to 7,258.5. Seven out of the 11 sectors are trading in red, with the IT sector trading with a sizable cut of 3.33%. Evolution Mining has agreed to sell its Mount Carl...

Kalkine Media NML 2 years ago
Evolution Mining (ASX:EVN) to divest Mt Carlton gold mine for up to $90mil

05 Oct 2021 - Evolution Mining (ASX:EVN) has entered into a binding agreement with Navarre Minerals (ASX:NML) to sell the Mt Carlton gold mine in Queensland for $90 million. The am…

FNN NML 2 years ago
Here’s why the Evolution (ASX:EVN) share price is charging higher

The Evolution Mining Ltd (ASX: EVN) share price has started the week on a positive note. In morning trade, the gold miner’s shares are up 3% to $3.73. Why is the Evolution share price rising? Investors have been bidding the Evolution share...

Motley Fool NML 2 years ago
Navarre Minerals moves into ranks of gold producers with $90m purchase of Mt Carlton mine

Victoria gold explorer Navarre Minerals (ASX: NML) is buying the operating Mt Carlton mine in Queensland in a cash and equity deal with mid-tier producer Evolution Mining (ASX: EVN). Evolution will become a significant shareholder in the St...

SmallCaps NML 2 years ago
Navarre Minerals readies raising to buy Evolution’s Mt Carlton

ASX-listed gold play Navarre Minerals is expected to kick off a $60 million-odd equity raising via RBC Capital Markets and Canaccord, after agreeing a deal to acquire the Mt Carlton Gold Mine. 

AFR NML 2 years ago
Gold Digger: Gold is back on the menu amidst market chaos

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...

Stockhead NML 2 years ago
Gold Digger: Are ASX large cap gold stocks a screaming buy?

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...

Stockhead NML 2 years ago
3D survey identifies gold-silver anomaly at Navarre Minerals’ Morning Bill prospect

Advanced explorer Navarre Minerals (ASX: NML) has identified a compelling gold-silver target in a recent three-dimensional induced polarisation (3DIP) survey carried out over the Morning Bill prospect within its wholly-owned Glenlyle teneme...

SmallCaps NML 2 years ago
Gold Digger: Where do we go from here?

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...

Stockhead NML 2 years ago
Navarre Minerals hits high-grade gold in drilling at Stawell Corridor and St Arnaud projects

Navarre Minerals (ASX: NML) has reported further high-grade gold intercepts from eight diamond core drill holes covering its flagship Stawell Corridor and St Arnaud gold projects in Victoria. The 4455 metre Phase 1 program covered three pre...

SmallCaps NML 2 years ago
Gold Digger: Is sentiment slowly returning to the gold space?

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...

Stockhead NML 2 years ago
Miners, ex-dividend stocks drag ASX 1% lower; BHP, NIB Holdings, Deterra Royalties lead the fall

Highlights The Australian benchmark ASX 200 index declined 1.2% in broad-based sell-off. All 11 sectors were bleeding in red, while materials declined the most due to fall in iron ore prices. BHP, CSL, NIB Holdings, Woolworths, Deterr...

Kalkine Media NML 2 years ago
Navarre takes Nelson Line diamond drilling at full sail

Navarre is upping the ante at its St Arnaud gold project with two rigs kicking off its inaugural 4,000m diamond core program on the prolific Nelson Line. They have very good reasons for doing this. First, the Nelson Line accounted for some...

Stockhead NML 2 years ago
Navarre Minerals begins high-impact drilling across historic St Arnaud goldfield

Navarre Minerals (ASX: NML) has begun a high-impact drilling program at its St Arnaud gold project in Victoria with two diamond rigs now operating on site to generate a maiden resource. The 4,000m program is targeting the Nelson Line within...

SmallCaps NML 2 years ago
Guy on Rocks: Will Andrew Forrest become the King of Nickel?

‘Guy on Rocks’ is a Stockhead series looking at the significant happenings of the resources market each week. Former geologist and experienced stockbroker Guy Le Page, director and responsible executive at Perth-based financial services pro...

Stockhead NML 2 years ago
Gold Digger: Northern Star’s share price down 30pc for FY21, despite posting $1bn profit

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...

Stockhead NML 2 years ago
Guy on Rocks: Copper supply crunch ‘to end all supply crunches’ is coming

Guy on Rocks is a Stockhead series looking at the significant happenings of the resources market each week. Former geologist and experienced stockbroker Guy Le Page, director and responsible executive at Perth-based financial services provi...

Stockhead NML 2 years ago
Results from first diamond drilling at Morning Bill indicate a ‘large gold, silver and base metal system’

The near-surface gold and silver mineralisation at ‘Morning Bill’ – interpreted to be epithermal in style, potentially situated next to a larger porphyry target – remains open along strike and at depth, Navarre says. Navarre Minerals (ASX:N...

Stockhead NML 2 years ago
Strong results continue for Navarre Minerals at Morning Bill prospect

Navarre Minerals (ASX: NML) has continued to generate strong results from inaugural diamond drilling at the Morning Bill prospect within the Glenlyle project in western Victoria, with managing director Ian Holland saying the prospect could...

SmallCaps NML 2 years ago
Gold about to hit next leg of bull market and stocks are cheap, expert says

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...

Stockhead NML 2 years ago
Navarre Minerals hits new quartz reef structure of visible gold at St Arnaud project

Navarre Minerals (ASX: NML) has intersected a new quartz reef structure containing areas of visible gold and strong sulphide mineralisation from the first holes of Phase 1 exploration program at its wholly-owned St Arnaud project in Victori...

SmallCaps NML 2 years ago
Gold Digger: Bulls vs Bears – which team are you on?

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...

Stockhead NML 2 years ago