Articles On Nexus Minerals (ASX:NXM)

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...

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 ASX regained some lost ground from yesterday’s bloodbath, but closed this week lower than what it began. The ASX 200 gained 0.5% to close at 7,407 points while the ASX Emerging Companies Index rose 2.45% to close at 2,469. Most sectors...

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...

It was a busy day for small cap investors in resources and energy, as a number of junior explorers ripped higher following big announcements. Those gains stood out amid another mediocre session for the broader index, as the ASX continues to...

The results effectively links the Templar and Crusader prospects together into one large mineralised system. 

African Gold announces incredible ‘screen fire’ assay results like 10m at 123g/t gold Nexus uncovers giant gold system at ‘Wallbrook’ project Uranium focused Okapi makes major discovery at Enmore project, NSW Here are the biggest small ca...

The Nexus Minerals Ltd (ASX: NXM) share price is soaring today on the news of a golden discovery. The company has announced its intercepted numerous high-grade discoveries at its Templar Prospect. Right now, the Nexus share price is 22 cen...

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...

Wall Street slips as Bitcoin plunges The US stock markets slipped after coming back from the long weekend Labour day holiday. The Dow Jones fell by 0.76%, the S&P 500 was down by 0.34%, but the tech heavy Nasdaq inched higher by 0.07%....

August was another month of lockdown for much of Australia’s East Coast but lockdowns and even a 2% drop in the middle of the month couldn’t stop the ASX from producing another winners list. The ASX 200 ultimately finished August 1.9% highe...

The ASX 200 closed at 7,488 points which was 0.04% down from yesterday but up 0.37% from last Friday. The ASX Emerging Companies Index lost 0.57% to close at 2,285 points. The best sector was industrials which gained 1.07%. Tech and consume...

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...

The junior miner has outlined its six-month program - with Pinnacles topping its list - after having completed a scoping study and embarking on a feasibility study.

Ikwezi Mining (ASX:IKW) topped the latest Running Hot list with a 14-day RSI of 82, after two straight weeks where lithium stocks dominated. Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relative Strength I...

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...

The S&P ASX200 closed lower Monday, dropping 46.40 points or 0.61% to 7,582.50 after setting a new 52-week high. The bottom performing stocks in this index were Beach Energy Limited (ASX:BPT) and Bendigo and Adelaide Bank Limited (ASX:B...

Nexus has also commenced a 2,300-metre metre diamond drilling program testing the Crusader, Templar and Paint prospects.

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...

As an uncorrelated asset – value not tied to larger fluctuations in the traditional markets — gold has had “its lunch cut a bit” by crypto, PCF Capital’s Liam Twigger says. “There is an article in the last Economist asking, ‘what happens if...

Strong consumer buying and modest institutional investment helped create gold demand of 955.1 tonnes over Q2 – a 9% rise from Q1 2021, and in line with the equivalent period last year. While both consumers and retail investors were purchasi...

The company’s porphyry copper-gold fertility assessment work is aiming to identify pathfinder elements indicative of a magmatic-hydrothermal system.

In the June quarter, it completed two diamond drill holes at the Crusader Gold Prospect within the broader Wallbrook Project, which confirmed down-dip extensions. 

Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relative Strength Index (RSI). The RSI is a technical gauge which measures how trading momentum is affecting the price action. A reading of 70 is seen as the le...

The ASX 200 index closed near its lows Thursday, falling by 0.39% on lower-than-normal volume. Nine out of 11 sectors were lower, led by Health Care, which lost 1.44%. The Materials sector – which includes chemicals and plastics, constructi...