Articles On Nexus Minerals (ASX:NXM)

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...

The ASX had a positive finish to the week taking its weekly return to 1.8%. Today the ASX 200 closed at 7,457 points, 0.39% higher than yeterday. Tech was heavily sold off, shedding 1.64% but almost all other sectors were in the green with...

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...

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...

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...

The company’s flagship Wallbrook Gold Project in the Eastern Goldfields of WA contains an emerging +50 kilometre ‘gold trend’ positioned in-between two Northern Star mining centres, with significant gold mineralisation already confirmed at...

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...

The Nexus Minerals Ltd (ASX: NXM) share price is pulling back after surging to an all-time high today. This comes after the company announced positive results in regards to its drilling campaign at the Templar Prospect. During morning trad...

“What has significantly exceeded our expectations is the alteration style and mineralisation observed in both diamond drill hole #3 and the recently completed deeper diamond hole #4,” says MD.

Nexus Minerals (NXM) intersects high grade mineralisation at the Templar Project within the Wallbrook gold project in WA Results have been received from one diamond drill hole and two reverse circulation holes Gold mineralisation at Tem...

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...

Hannans a step closer to signing European battery recycling agreement Hard-drilling goldie Brightstar tops up coffers with oversubscribed $2.3m placement Newly minted gold producer Kaiser Reef reaches thick, high grade ‘Queens Lode Here a...

The webinar will feature OzAurum Resources, Red 5 and Nexus Minerals, which are at different places along the road toward gold production.

Those stocks exposed to the mushrooming clean energy thematic likely did very well in September 2021, but there were two massive standouts: lithium and uranium. It was a wild month for Chinese lithium carbonate prices, which surged to anoth...

September 2021 was the worst month for the ASX since March 2020 but the 50 best stocks gained 57% or more. Despite a positive close on September 30, the ASX finished the month down 2.59% and nearly 4% lower since mid-August. While the stimu...

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...

After gaining 1.88% yesterday, the ASX gave back just about all of those gains as October got off to a rough start today. The ASX closed at 7,186 points, down 2% from yesterday and 5.8% from mid August. All sectors finished in the red, with...

The Nexus Minerals Ltd (ASX: NXM) share price is soaring over 28% in afternoon trade today, and is now exchanging hands at 41 cents each. Nexus shares are on the rise despite there being no market sensitive news for the company, however,...

Among the stocks running hottest this week was ViaGold Rare Earths Resources (ASX:VIA), which counts some big Chinese companies as major shareholders and has been surging in September on no news. Each week, Stockhead recaps ASX stocks that...

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...

All the excitement around the battery metals – and now uranium – has left the gold stocks in the shade for much of 2021. And because the yellow metal plunged to well below $US1,800/oz during the week, they will be left sitting in the shade...

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...

It was another day of gains for the ASX led by the energy sector. The ASX 200 rose by 0.116% to close at 7,437 while the ASX Emerging Companies Index rose 0.56% to close at 2,527. Although there was an even number of winners and losers amon...

The Nexus Minerals Ltd (ASX: NXM) share price has continued its remarkable run and is soaring again on Tuesday. At the time of writing, the gold explorer’s shares are up 34% to a record high of 39.5 cents. This means the Nexus Minerals sha...