Articles On Rox Resources (ASX:RXL)

Venus Metals, along with their joint venture partner Rox Resources has had major success with its metallurgical test work recently conducted on the Youanmi Deeps Resource in WA, improving the gold extraction up to 95.6 per cent.

New metallurgical testwork at the Youanmi Deeps gold resource within the OYG joint venture in Western Australia has achieved a 96% recovery for partners Venus Metals Corporation (ASX: VMC) and Rox Resources (ASX: RXL). The work is believed...

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, and vanadium.   While the outlook for commodities like iron ore has deteriorated – and is expected to deteriorate...

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...

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel and vanadium.   Due to hit the bourse Tuesday is PPK Group (ASX:PPK) spin out Li-S Energy (ASX:LIS) which may have developed a...

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...

Reconnaissance soil sampling has identified what Venus Metals Corporation (ASX: VMC) reports as “compelling” strong soil anomalies at its Bridgetown East nickel-copper-platinum group elements project in Western Australia. The project area h...

Technical and battery grade lithium carbonate prices increased by over 20% in the first two weeks of September in the Chinese domestic market. And they’re now up 188.9% and 215% respectively this year. Benchmark Mineral Intelligence’s lithi...

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...

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...

Venus Metals and joint venture partner, Rox Resources continue to deliver the goods at their Youanmi gold project in the Murchison district of WA with latest drilling at the Link prospect striking more gold, including a bumper 7.25m interce...

Known high-grade mineralisation at the Link prospect has been extended by what gold exploration partners Rox Resources (ASX: RXL) and 30%-holding joint venture partner Venus Metals (ASX: VMC) describe as “exceptional drilling results”. Link...

Wall Street drifts lower on economic concerns All three major US stock market indexes slipped for the second consecutive day overnight, as investors weigh recent economics data and risk factors. The Dow Jones fell by 0.20%, the S&P 500...

ASX-listed Venus Metals and Rox Resources say they have identified what looks to be a new gold lode parallel to the old Youanmi mine at their joint ventured Youanmi gold project in WA.

Venus Metals Corporation (ASX: VMC), together with joint venture partner Rox Resources (ASX: RXL), has identified a potential new parallel lode during drilling at the Youanmi gold mine in Western Australia. The company intersected high-grad...

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...

Roskill forecasts demand for nickel chemicals to grow by over 500% between 2021 and 2030 It’s not just metals: battery makers are also getting hit with sharp price rises and supply shortages for non-active materials Several lithium players...

Highlights  Goldfields-focused explorer IRIS Metals looked to raise AU$6 to AU$7 million via IPO. Heavy Minerals to raise AU$5.5 million at an offer price of 20 cents per shares. Technology company X2M Connect to raise between AU$6 mi...

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...

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...

ASX Capital Raise Roundup is a fortnightly look at ASX capital raisings. The past several months, the biggest thematic in the market was simply no true direction! This boring, listless price action often wears out inestors as opposed to sca...

Venus Metals and joint venture partner Rox Resources have continued to rack up high-grade gold hits at their Youanmi gold project in WA’s Murchison. A cracking 17 metre interval grading 5.14 grams per tonne gold was encountered from 151 me...

Venus Metals (ASX: VMC) along with joint venture partner Rox Resources (ASX: RXL) has intersected gold mineralisation in four reverse circulation drillholes at the Youanmi-OYG project near Mt Magnet in Western Australia. The results were id...

Wall Street rises to record highs as US inflation softens US stock markets were mixed on Wednesday, following US inflation release which showed the pace of CPI growth has softened. The CPI rose by 0.3% in July which was lower than expected,...

Summary  The Australian IPO market has been flooded with new floats in recent months with a long list of companies trying to tap Australia’s capital market. Last week, gold miner Gold 50 and iron ore mining firm Pantera Minerals got li...

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel and vanadium. Last week, ASX lithium stocks went mental. The spark was Pilbara Minerals (ASX:PLS)  with its announcement that t...

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...

Fortescue Metals Group (ASX:FMG) CEO Elizabeth Gaines predicts steel production in China will not drop below 2020 levels despite talk of production cuts in the steelmaking powerhouse. She told delegates at the Diggers and Dealers Mining For...

Summary Eleven IPOs are expected to list on the ASX in the month of August. Gold miner Gold 50 and iron ore mining firm Pantera Minerals are set to begin trading this week. Mining services provider Cannon Resources and olive oil produ...

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...

Venus Metals and Rox Resources have launched a major drilling offensive at their joint ventured “Youanmi Regional” project in WA. An array of gold prospects on the partner’s ground-holdings will be the subject of a serious 22,000m aircore d...

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 ASX tech sector succumbed to the latest selloff in tech equities globally. dragging the rest of the bourse down with it. The ASX 200 retreated 0.7% to close at 7,379 points while the ASX Emerging Companies Index lost 1.06%, closing at 2...

It took a full five years for electric vehicle sales to reach 1 million in 2015. Since then, things have gone exponential. In 2021, we are hitting those numbers in weeks and months, not years. In China about 235,000 plug-ins were sold in Ju...

Managing director Alex Passmore said the acquisition of the Youanmi project in 2019 remains a pivotal moment for the company. "After looking across ...

Venus Metals and joint venture partner Rox Resources have drilled a high-grade 6.8m intercept going 11.98 grams per tonne gold some 80m outside of the existing resource base at their Youanmi gold project in the Murchison district of Western...

Exploration company Venus Metals Corporation (ASX: VMC) has reported high-grade results from resource growth drilling at the Link prospect within the Youanmi gold joint venture near Mt Magnet in Western Australia. Assays from the first diam...

Venus Metals and joint venture partner Rox Resources appear to have confirmed significant open-pit mining cost savings for the proposed shallow, high-grade Grace gold deposit near Mount Magnet in Western Australia’s Murchison district.

Advanced minerals explorer Rox Resources (ASX: RXL) has conducted a ripping trial at the high-grade near-surface Grace deposit, located within the OYG joint venture at the Youanmi gold project near Mt Magnet in Western Australia. The trial...

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel and vanadium.   Only four battery gigafactories — super-sized producers of lithium-ion battery cells — were being planned in 20...

It is no longer just lip service — to create max value for shareholders, miners know they need good Environmental, Social and Governance (ESG) credentials. Failing to maintain good relationships with stakeholders (like governments, local co...

Venus Metals and joint venture partner Rox Resources have delivered stellar gold hits including 5m at 5.96 grams per tonne gold near existing mine development at the Youanmi gold project in the Murchison district of Western Australia.

Gold exploration partners Rox Resources (ASX: RXL) and 30%-holding joint venture partner Venus Metals (ASX: VMC) have identified the Link prospect at their Youanmi as the ‘key’ gold project. The companies are reporting seven more reverse ci...

Summary Most investors invest in an IPO to reap listing gains, sometimes bagging a 2x return on the listing day. Aquirian Group is planning to list on the ASX on 27 July 2021 with a AU$8 million IPO via the issue of 40 million shares a...

Gold and base metals explorer Venus Metals Corporation (ASX: VMC) has announced the start of phase one aircore (AC) drilling at its Henderson gold-nickel project in Western Australia’s eastern goldfields. The Henderson project is situated a...

Gold had its worst month since November 2016 in June, down 7% to $US1,779/oz. Mining and exploration stocks have followed suit. This bearish trend creates a buying opportunity, experts say. Boutique investment advisory firm head Frank Holme...

Venus Metals and joint venture partner Rox Resources have grown the resource at their Youanmi gold project near Mt Magnet in Western Australia’s Murchison region by a whopping 39 per cent to nearly 1.7 million ounces of contained gold.

Australian gold and nickel company, Rox Resources Limited (ASX: RXL) in conjunction with its joint venture partner Venus Metals Corporation Limited (ASX: VMC) is pleased to report a significant increase to the mineral resource estimate (“MR...

Advanced minerals explorer Rox Resources (ASX: RXL) and joint venture partner Venus Metals Corporation (ASX: VMC) have reported a significant increase to the mineral resource estimate for the shared Youanmi gold project near Mt Magnet in We...

Venus Metals and Rox Resources are ramping up drilling at the joint-ventured Youanmi gold project near Mt Magnet in Western Australia with an additional 2,000m of diamond drilling planned to target depth extensions to high-grade gold shoots...