Articles On Nexus Minerals (ASX:NXM)

Title Source Codes Date
Gold Digger: Gold vs Bitcoin, analysts vs analysts – store of value narratives get in the ring

Gold hit a US ATH, then dipped a tad, but not by much. In fact, it’s doing pretty well on the whole… … It’s less volatile than Bitcoin, anyway, which is a good or bad thing depending on outlook Speaking of which, RBC has some fairly cautio...

Stockhead NXM 1 week ago
Gold Digger: Gold pulls back but gets to grips with sticky inflation situation

Gold has pulled back from very recent highs after the latest ‘sticky’ US inflation figures But… the price action in general looks pretty solid from where we’re sitting, and so does the TA Leading ASX goldies this week include: BMR, BMO, GS...

Stockhead NXM 2 weeks ago
Closing Bell: ASX a little lower after hosting a Big 4 bank midweek spank

Local markets end lower on big bank sell-off Material gains offset by Telco’s and Financials  Small Caps led by rare earths developer Arafura   Local markets have not showered anyone in glory, profit or confidence on Thursday. At 4pm on T...

Stockhead NXM 2 weeks ago
Gold Digger: Yellow metal on the March as WGC eyes central bank and election boosts

Gold hit an all-time high this week, ending Friday in strong form The World Gold Council predicts global elections and Fed cuts could keep the precious metal elevated ASX gold stocks performing well this week included: KNB, SXG, AWJ   Wha...

Stockhead NXM 3 weeks ago
Hot Money Monday: Herd mentality and FOMO linked to why momentum trading is such a success

Momentum trading is often supported by theories from behavioural finance, the branch of science that looks at how psychology plays a part in financial decision-making, and hence market outcomes. Unlike traditional finance theory, which assu...

Stockhead NXM 3 weeks ago
Gold Digger: Central banks just can’t get enough. Stockpiling could continue for years, says ANZ

ANZ analysts believe ’emerging’ central banks could buy over 600t of gold annually until 2030  Citi isn’t totally ruling out a US$3,000 gold price in next 12-18 months US gold mining giant Newmont divests six gold mines and two other gold...

Stockhead NXM 1 month ago
Gold Digger: Druckenmiller time. Billionaire increases exposure as gold reclaims US$2k

Gold recovers US$2k after weak retail sales data gets thrown into the economic soup in America Moneybags former hedge fund bloke Stanley Druckenmiller is increasing his gold exposure The week’s best performing ASX goldies include: TG1, TGM...

Stockhead NXM 1 month ago
Gold Digger: Don’t expect a rally soon but H2 could be golden, agree top analysts

  The price of gold is in a holding pattern, threatening to dip in short term, according to Metals Focus analysis Metals Focus, like Japan’s biggest bank MUFG, however, has a more positive outlook for gold later this year Top-performing AS...

Stockhead NXM 1 month ago
Gold Digger: Banking on it – ANZ upgrades gold outlook, SocGen sees further upside

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...

Stockhead NXM 4 months ago
Gold Digger: Lacklustre week ends on brighter note for yellow metal, as China hoards like there’s no tomorrow

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...

Stockhead NXM 4 months ago
Gold Digger: Production goes nuts as all time gold mining record nears and long-term road looks solid

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...

Stockhead NXM 4 months ago
Gold Digger: AI tech boom will supercharge precious metals demand, claims new report

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:...

Stockhead NXM 5 months ago
Gold Digger: US$3000/oz? Analysts are still predicting a fairytale 2024 for the prettiest commodity of them all

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...

Stockhead NXM 5 months ago
Gold Digger: China banks into bullion, De Grey raises $300m to stave off M&A sharks and WA ASX juniors find paydirt

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...

Stockhead NXM 6 months ago
New World Metals Conference: Nexus Minerals

  Vertical Events is the premier mining, resources and technology conference organising company in Australia. Since establishment in 1998, Vertical Events has organised and implemented some of the largest and most renowned conferences in th...

ShareCafe NXM 6 months ago
Closing Bell: Resources to the ASX rescue, but it’s uranium that’s gone nuclear

ASX 200 closes 0.46% higher after building up slowly all day Uranium goes off. Materials, Finance Sectors call the shots Small caps led by an all uranium cast, including   Australian shares have been lifted despite a mixed overnight lea...

Stockhead NXM 6 months ago
Market Highlights: ASX to open lower after US inflation rises, Arm shares trading on Nasdaq tonight

The ASX is set to open modestly lower US inflation came in higher than last month, opening the door to Fed rate hike The long-awaited Arm IPO is finally here   Australian shares are set to open slightly lower on Thursday after a mixed ses...

Stockhead NXM 6 months ago
Closing Bell: Tempus Trap, ASX200 loses its bottle, James Bay makes more hay on 2nd day

ASX 200 falls sharply from the open, tracking Wall St sell off ahead of US CPI read tonight Most sectors decline led by Tech and Industrials Tempus Resources jumps 50%, cops a speeding ticket   Australian shares stepped off the into th...

Stockhead NXM 6 months ago
Gold Digger: Australian miners rejoice as gold price flirts with record highs

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...

Stockhead NXM 6 months ago
Gold Digger: Get set – if the ’70s is any guide, gold’s next leg up will be explosive

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...

Stockhead NXM 7 months ago
M3 Mining plans to cover more ground at Edjudina Gold Project in WA

Perth-based explorer M3 Mining (ASX:M3M) has applied for an additional 5 tenements at the Edjudina Gold Project in Western Australia.  The copper- and gold-focused exploration company says the new applications span 18km-square and bring the...

Mining.com.au NXM 7 months ago
Gold Digger: China is hoovering up gold bars and De Grey is everything, everywhere, all at once

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...

Stockhead NXM 7 months ago
ASX News: Stocks to watch on Tuesday

Futures suggest the ASX will open positively this morning, but a lot hangs in the balance with the next US Federal Reserve rate rise fast approaching. Back home, investors are bracing for Australia’s inflation data. Today, here are so...

themarketherald.com.au NXM 8 months ago
In Case You Missed It: It’s all gold

Stockhead’s In-Case-You-Missed-It highlights some strongest performing ASX stocks that might have slipped your notice today.  It’s a short, sharp update to help frame the trading day by showing some of the biggest movers in percentage terms...

Stockhead NXM 8 months ago
Gold Digger: ASX producers stack on gains as bullion bounces toward US$2000/oz

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...

Stockhead NXM 8 months ago
Gold Digger: An investment in the ASX’s Gold Index one year ago would’ve netted a 40pc return, against just 6pc in the ASX 200

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...

Stockhead NXM 8 months ago
Gold Diggers: Bullion doesn’t know which way is up or down around US$1900/oz

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...

Stockhead NXM 8 months ago
Gold Digger: De Grey expands Mallina once again, and juniors unearth near-impossible gold grades

  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”...

Stockhead NXM 9 months ago
Gold Digger: Gold could go parabolic if the US dollar is toppled as world’s reserve currency

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...

Stockhead NXM 9 months ago
Gold Digger: The Platinum Group Metals sector is at a crossroads, and no one can agree what the future looks like

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...

Stockhead NXM 9 months ago
Gold Digger: Unlike 2020 and 2022, this gold price breakout has legs

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...

Stockhead NXM 10 months ago
Nexus Minerals gears up to launch 5,000m shallow oxide extensional RC program at Wallbrook

Nexus Minerals (ASX:NXM) is in the final planning stages for a 5,000m shallow oxide extensional reverse circulation (RC) program at the Branches and MC4.1 prospects, located within the Wallbrook Gold Project in Western Australia. The compan...

Mining.com.au NXM 10 months ago
ASX April Winners: Mid and small caps outperform blue-chip peers as gold stocks keep up rally

The S&P ASX 200 finished up 1.85% in April while mid and small caps outperformed their blue-chip peers Real estate topped the winning sectors for the month while tech stocks also rallied strongly in April Gold stocks continued solid ru...

Stockhead NXM 10 months ago
Gold Digger: Bullish? Aussie gold producers are adding hedges as high as $3200/oz

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...

Stockhead NXM 10 months ago
CLOSING BELL: Nobody’s quite game to pick the bottom after the ASX makes it 5 losses on the trot

ASX waddled to a -0.3% close, like a toddler with a turd in its trousers. Even the goldies retreated, with the XGD ASX All Ords Gold index dropping 0.20%. Blackmores sale is the most exciting thing to happen all day… which says it all, rea...

Stockhead NXM 11 months ago
Gold Digger: The last time interest in buying gold and silver was this high, the global economy was collapsing

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...

Stockhead NXM 11 months ago
CLOSING BELL: Despite another charge on gold, the ASX has limped to a -0.08% close

ASX closes 5 points lower, down 0.08% after a day of ups and downs Goldies are the clear winners again, up 1.96% and well ahead of the market Mt Monger does well with a 23% gain to be over +130% for the month   After an early grimace-indu...

Stockhead NXM 11 months ago
Top 10 at 10: High grade zinc, uranium resources and an accidental rare earths discovery

Stockhead’s Top 10 at 10, published at ~10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Stockhead NXM 11 months ago
Gold Digger: Gold and silver are up 20-30% in six months, handily outperforming all the major indexes

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...

Stockhead NXM 11 months ago
Gold Digger: The last time the US deficit blew out this bad gold went on a 10-year, 700% bull run

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...

Stockhead NXM 11 months ago
Gold Digger: Gold again stumbles at small hurdle, but ‘path towards record territory is still there’

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...

Stockhead NXM 11 months ago
Gold Digger: Is Genesis’ $600m bid for Leonora a good deal for besieged St Barbs shareholders?

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...

Stockhead NXM 11 months ago
Gold Digger: Macro drivers point to a gold bull market. Why hasn’t it happened yet?

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...

Stockhead NXM 11 months ago
Gold Digger: Investors, central banks ‘flock to gold in bulk’

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...

Stockhead NXM 11 months ago
Gold Digger: Finally! Gold smashes though resistance at US$2000/oz as US economy comes apart at the edges

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...

Stockhead NXM 11 months ago
How high can gold go, explorers ask as bullion bounces past magic US$2000 mark

Gold broke through the psychological US$2000/oz barrier for the first time since March 2022 Argonaut’s George Ross says bullion is back at super high levels, with investors excited to see just how high prices can go as safe haven demand ra...

Stockhead NXM 11 months ago
Gold Digger: US$1550/oz by 2028? The Australian Government is super bearish on gold, for some reason

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)...

Stockhead NXM 11 months ago
Gold Digger: Investors are dipping a toe into gold stocks ahead of anticipated bull run

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...

Stockhead NXM 11 months ago
IPO Watch: This ASX lithium newcomer’s exploration assets are in Argentina’s hottest addresses

With Liontown Resources’ rejection of Albemarle’s record $5.2bn takeover offer and Pilbara Minerals approving an expansion to 1Mtpa bringing lithium back into view, Argentina-focused Patagonia Lithium appears to have picked just the right t...

Stockhead NXM 11 months ago
Gold Digger: Gold could breeze through US$2600/oz on interest rate pivot, expert says

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...

Stockhead NXM 11 months ago