Articles On Nexus Minerals (ASX:NXM)

“To have received such high-grade gold results from this early-stage regional drilling, in both near-surface drilling and at a depth of over 200 metres vertically, leads Nexus to believe that we may be sitting on a significant gold camp,” s...

Nexus Minerals has announced significant high-grade gold assay results from drilling completed at its Crusader-Templar Prospect, within the company’s Wallbrook gold project in Western Australia. Nexus managing director Andy Tudor said the i...

Nexus Minerals (NXM) intersects “very high gold grades” at the Crusader-Templar prospect within its Wallbrook gold project, near Kalgoorlie in Western Australia The latest results come from assays from 35 holes drilled by the company for 9...

The ASX 200 is set to open higher today, extending Friday’s 2% gain US Fed Chairman Jerome Powell has ruled out a 75bp hike for now eToro’s analyst Josh Gilbert is still optimistic about the current market ASX to extend Friday’s gain as W...

US gold price down more than 10% or $200 from its peak But Aussie gold miners faring better due to weak AUD-USD exchange rate This week’s ASX standouts: Twenty Seven Co, OzAurum Resources Our Gold Digger column wraps all the news driving...

Nexus Minerals (NXM) intersects broad high-grade gold mineralisation at the Crusader-Templar prospect within the Wallbrook gold project in WA The company has received assay results from 40 reverse circulation (RC) drill holes — all of whic...

Nexus Minerals (NXM) finds further high-grade results from its recent drilling at the Crusader-Templar prospect, located within the Wallbrook gold project in WA The company said these latest results from the first program of drill holes in...

A mixed bag for US stocks US stocks struggled for direction in overnight trade, as the S&P500 closed flat while the Nasdaq fell by more than 1% — dragged lower by a 35% slump for Netflix following its lacklustre trading update. So far...

It’s been an emotional ride for fans of the ASX200 (XJO) which, alongside the Emerging Companies (XEC) index, (down 0.6%) gave up its early gains in a topsy-turvy Monday session. Just after the close, the XJO was weepingly flat – well, up 0...

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...

Nexus Minerals (NXM) extends mineralisation at the Crusader-Templar prospect within its Wallbrook gold project in Western Australia The company drilled four deep diamond holes that intersected mineralisation over 600m vertical depth Nexus...

Nexus Minerals (NXM) intersects further high-grade gold from the Crusader-Templar Prospect at its Wallbrook gold project in Western Australia Assays have been received for 19 holes with all intersecting gold mineralisation consistent with...

Gold price to hit $US2,200 as stagflation fears take hold U.S. and allies officially prohibit all transactions with Russia involving gold, one of its financial lifelines. Will it work? Gold price rebounds over past week to $US1,960/oz Our...

War gossip/news remains the main driver of gold prices. The precious metal is having one of those volatile weeks where unless they timed their entry and exit perfectly, investors probably had a tough time whether long or short, says OANDA s...

A good week for gold, which is up 1.04% to ~$US1,940/oz at time of writing. History shows us war doesn’t usually trigger an extended rally, but news flow – or lack thereof – coming out of Ukraine continues to be the biggest influence on the...

Nexus Minerals (NXM) unearths further high-grade gold at the Crusader-Templar Prospect at the Wallbrook Gold Project in WA More than 100 reverse circulation drill holes were completed for over 24,000 metres, which saw each hole intersect g...

Assays from 22 of the RC holes, spanning 5,738 metres, have been received, all of which intersected gold mineralisation that exhibits strong strike continuity.

Investors generally buy gold as a way of diversifying risk when s..t hits the proverbial fan. That’s why the precious metal appears to perform well in times of war or political instability. Conversely, stocks and bonds perform best in a sta...

Alas. After teasing gold bugs with a push through $1,840/oz over the past week, we are now back below ~$US1,800/oz. Gold stocks can’t seem to catch a break. What gives? I don’t get it. PM miners didn’t even get the windfall of the market w...

MoneyTalks is Stockhead’s regular drill down into what stocks investors are looking at right now. We’ll tap our extensive list of experts to hear what’s hot, their top picks, and what they’re looking out for. Today we hear from Canary Capit...

Nexus is drilling more than 30,000 metres in two prospects hosted in a structural trend. Once that program is completed, a smaller drill program will target the third prospect along the same alteration, while the eastern area of the project...

Over its December quarter, Nexus Minerals (NXM) completed drilling at its WA-based Wallbrook Gold Project and decided to purchase a new project in Victoria Reverse circulation drilling at the Crusader – Templar prospect was funded by a $19...

Global silver demand hit ~1.02 billion ounces in 2021, the first time it has breached 1 billion since 2015, according to the Silver Institute. Of that, industrial demand hit a new high of 524 million ounces. And of that, photovoltaic (solar...

“Stephen’s appointment brings a wealth of skills and experience to the company that will be incredibly valuable as we scale up exploration activities in 2022," says MD.

Gold is holding steady above US$1,800/oz – currently trading at US$1816.60. Some players are confident the gold market will trend net positive next year as the market digests the reality of the past 24 months. But commodity analysts at J.P....

With gold spending most of the past week hovering around the US$1,800/oz (A$2,485/oz) mark, speculation has turned away from whether the precious metal can hold its gains to asking if it can test hit the US$1,850/oz mark. Gold is currently...

There has been sufficient initial evidence in a porphyry copper-gold fertility assessment study to allow the company’s directors to exercise the option.

Where 2020 was all about gold, palladium and iron ore, 2021 has been dominated by the EV thematic. Battery metals prices posted strong year-to-date gains across the board. According to Benchmark Mineral Intelligence, the lithium index was u...

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...

The company has planned a follow-up 40,000-metre reverse circulation (RC) and 6,000-metre diamond drilling program to kick off directly after it wraps the current RC drill program.

Nexus Minerals (NXM) hits high-grade assays of up to 4.6 grams per tonne gold following drilling at the Crusader-Templar Prospect, within the Wallbrook gold project in WA The drilling was part of a 30,000-metre reverse circulation program,...

Geologist Adam James has travelled a long way from his roots in northeast Scotland, drawn like so many West Australia by the allure of its rich Goldfields. At 32 he hopes he is onto his first major discovery as an exploration manager with N...

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...

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...

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...

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...

The Nexus Minerals Ltd (ASX: NXM) share price has come out of a trading halt on Monday to reach a record high. This comes after the gold explorer announced an update on its recent capital raise. At the time of writing, Nexus shares are up...

Nexus Minerals (NXM) launches a $19 million placement to fund exploration at its Wallbrook gold project in WA The company will issue 41.3 million shares to investors at 46 cents which marks an eight per cent to the last traded price of 50...

It has been an ‘extraordinary’ gold run over the past few days, according to OANDA UK & EMEA senior market analyst Craig Erlam. The price of the precious metal is now at 5 month highs of +$US1,860/oz. Pic: Gold price over the past year....

Proceeds of the placement will allow the company to ramp up drilling at the Crusader-Templar prospect and fund regional exploration activities at the wider Wallbrook Gold Project. 

Nexus Minerals (ASX:NXM) could well be categorised as a late bloomer. Once an iron ore explorer with interests in Australia and Tanzania, the company underwent a radical shift in the mining bust. Entering at the bottom of the market in 2014...

The ASX had a positive finish to the week although it is in negative territory for the week. The ASX 200 closed at 7,443 points which is up 0.83% from yesterday but slightly down from the 7,457 mark it closed at last Friday. Today, the only...

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...

The ASX 200 climbed off its midday lows, but still closed in the red following a weak lead from Wall St, after US inflation data gave investors more jitters around the outlook for stubborn inflation and higher interest rates. Gold stocks we...

Listed explorer Nexus Minerals wants $19 million in fresh funds for its Wallbrook gold project.

The ASX closed down again today in spite of resources and tech gaining over 1%. The ASX 200 fell 0.24%, closing at 7,434 points. Despite the gains in resources and tech most other sectors fell with financials, property and energy retreating...

Nexus Minerals (NXM) intersects broad and high-grade gold at the Crusader prospect within its Wallbrook gold project in the eastern goldfields of WA The company has received results from the recent drilling program, which is testing for de...