Articles On Spectrum Metals (ASX:SPX)

Kalamazoo Resources (ASX: KZR) will in early November launch a 7,000m maiden drilling program at its recently acquired Ashburton gold project, the first drilling to be done at the project since 2013. Kalamazoo said it will be looking to sub...

Former tin hopeful TNT Mines (ASX: TIN) is following in the footsteps of a large number of juniors and is now seeking a future in gold. The company, which also has uranium-vanadium and zinc projects in the US, is to acquire private company...

THE founders of successful gold exploration company Spectrum Metals are reemerging at the helm of TNT Mines after vending in gold assets near ...

The share prices of ROX Resources Ltd [ASX:RXL] and Venus Metals Corp Ltd [ASX:VMC] are trading higher today thanks to some high-grade gold hits at their joint venture project. The RXL share price spiked at the beginning of the month when i...

Some of the world’s largest gold producers may be forced to engage in targeted acquisitions or expand their exploration activities to overcome a sharp decline in their gold reserves. This is despite spending $US69.5 bn on acquisitions and e...

Special Report: Metalicity’s (ASX:MCT) phase-two drilling program continues to unearth outstanding near-surface, high-grade gold at the rapidly growing Kookynie project in WA. The historic Kookynie project hosts six historical prospects inc...

Great Western Exploration (ASX: GTE) has announced that it will commence exploration activities at its 100% owned Atley gold project located in the Youanmi greenstone belt in WA. HIGHLIGHTS:  The Atley Gold Project is located in the Youan...

Kalamazoo Resources (ASX: KZR) has locked-in ownership of the “transformational” Ashburton gold project, which it agreed to acquired from Northern Star Resources (ASX: NST) in June. Prior to Northern Star’s ownership, Sipa Resources (ASX: S...

Kalamazoo Resources (ASX: KZR) has secured what it calls a “top-flight” team to manage its recently acquired Ashburton gold project in Western Australia. Two well credentialed senior exploration geologists are joining the company’s project...

Sabre Resources (ASX: SBR) will now fast track exploration at its contiguous projects in Western Australia’s Youanmi gold mining district after raising $982,313. Sabre’s ground is adjacent to the Penny West gold discovery. The Youanmi gold...

Small cap Merger and Acquisition (M&A) activity on the ASX has plummeted in the first half of 2020 compared to the same period last year. The $2.6 billion in M&A among small caps on the ASX since the start of January this year is do...

‘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 pro...

Aldoro Resources Limited (ASX:ARN) today released the results of its 1m interval sampling from the recent reverse circulation (RC) drilling program at its Penny South Gold Project in Western Australia. The Penny South Project is contiguous...

A quick wrap of the key winners and losers on Tuesday, June 23. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made potentially  market-moving announcements during the day. Today 656 stocks rose, 677 declined...

The Kalamazoo Resources Ltd (ASX: KZR) share price is flying higher today on the back of an acquisition from Northern Star Resources Ltd (ASX: NST). Yesterday, Northern Star announced its decision to divest the Mt Olympus Project, comprisi...

Kalamazoo Resources (ASX: KZR) has snapped up the Ashburton gold project on the edge of Pilbara Craton from Northern Star Resources (ASX: NST). The 217sq km project currently holds a JORC Code (2012) resource estimate of 20.8 million tonnes...

The $1.26 billion market cap gold producer, Ramelius Resources Ltd [ASX:RMS] saw its share price rise 3.77%, or six cents this morning and is currently trading at $1.65 per share. Drilling results from its Penny, Mount Magnet, and Enda May...

The Yilgarn Craton, a large mineral-rich region around 400km east of Perth in WA, has spawned numerous major mines over the past few centuries and is sometimes described as “Australia’s premier gold and nickel province”. Evidence suggests t...

Here are the top 50 small cap stocks for May — a month defined by high flyin’ uranium explorers, lots of gold … and only one hand sanitiser company. “The stock market is not a proxy for the real economy,” analysts say. It’s an axiom that be...

Aldoro Resources Limited (ASX:ARN) today released positive results from its maiden reverse circulation (RC) drilling program at its Penny South Gold Project. The Penny South Gold Project is contiguous to Spectrum Metals (ASX: SPX) Penny Wes...

In March, COVID-19 prompted a substantial ‘correction’ which impacted most stocks on the ASX. The bourse has since recovered much of those losses, but with many countries around the world just starting to emerge from COVID-19 lockdowns the...

Special Report: Metalicity (ASX:MCT) is a sub $3m market cap gold explorer with enormous ‘re-rating’ potential. Results from an imminent drill program at the unloved Kookynie project in WA’s Eastern Goldfields “will speak for themselves”, m...

After launching at $1.00 on 20 September 2019, the unit price of the Montgomery Small Companies Fund peaked at $1.066 on 21 February 2020, declined to $0.675 (-37 per cent) on 23 March, and has since rallied to yesterday’s $0.985 (+46 per c...

Welcome to our wrap for investors of the key coronavirus news this week.   By the numbers Australian deaths: 97 Australian cases: 6,913 Global deaths: 269,267 Global cases: 3,845,607 This isn’t over yet. COVID-19 cases are surging in Russia...

Despite the ongoing market downturn brought about by the COVID-19 pandemic, there is still substantial merger and acquisition activity in the resources sector. Ramelius Resources (ASX:RMS) is on the home stretch for its acquisition of Spect...

Special Report:In recent years, successful explorers such as Bellevue Gold (ASX: BGL) and Spectrum Metals (ASX: SPX) have put paid to the notion that the Western Australian goldfields have given up all their best secrets. Now, Torian Resour...

Short & Caught is Stockhead’s fortnightly recap of which ASX small cap stocks are heavily shorted. Stocks that are shorted have investors betting that they fall. Shorting works by selling stocks you do not actually own in the hope of bu...

Kingwest chief exec Ed Turner has a track record of turning unloved assets into company makers. He aims to do it again at the historic, high-grade Menzies Gold Project (MGP) in WA. Ed Turner was exploration manager at the now defunct Abra M...

Few sectors of the global economy are flourishing in these uncertain times like Australian gold mining. A combination of factors including gold’s status as a safe haven investment, global monetary policy in response to the coronavirus threa...

Here it is – your weekly look at the stocks fund managers are buying (and selling). Trading Places is Stockhead’s recap of substantial holder movements among ASX small caps in the last week. Substantial shareholders are shareholders holding...

Ramelius Resources (ASX: RMS) has now acquired 50.5% of takeover target Spectrum Metals (ASX: SPX) and has made the offer unconditional with accelerated payments to accepting Spectrum shareholders. The minimum acceptance level was 50.1%. Th...

Special Report: A late 2019, first pass drilling program at the historic Cox’s Find established that one – the gold is certainly there, and two – there’s still a lot more to find. Great Southern is now laying the groundwork for a phase 2 dr...

The price of gold is on the move upwards again today, gaining 0.25% or US$4.10oz at time of writing, as the market remains depressed by fears of the coronavirus. Perth based gold producer Ramelius Resources Ltd [ASX:RMS] has seen its share...

With the gold price breaking a few new Aussie dollar records recently, the small cap gold players nearing production have started to look mighty attractive to investors. With so much going on in global markets right now it can be a tough gi...

03 Mar 2020 - Ramelius Resources (ASX:RMS) released their bidders statement yesterday through its wholly owned subsidiary Mt Magnet Gold to purchase all of the shares in Spectrum M…

Ramelius Resources is set to acquire the Penny West gold asset in Western Australia’s Mid West region via a friendly takeover of Spectrum Metals. Ramelius plans to acquire all shares in Spectrum that it does not already own. The company alr...

The gold sector’s buyout rush has continued into 2020, with Ramelius pitching a $208m offer for Spectrum Metals.

Spectrum Metals’ share price has jumped 40% on news of a take-over offer from gold titan, Ramelius Resources, that has the Spectrum board’s blessing.

Gold just had its worst week in three months, believe it or not. This ‘worst week’ — an un-cataclysmic 1.2 per cent fall  from ~$US1589/oz ($2371/0z) to ~$US1569/oz ($2342/oz) –  just demonstrates how strongly gold has performed in recent t...

Ramelius Resources (ASX: RMS) has made another play for a Western Australian gold project after agreeing to acquire Spectrum Metals (ASX: SPX) for cash and scrip valuing Spectrum at $0.15 per share. Both companies revealed this morning a bi...

Ramelius Resources Limited (ASX: RMS) and Spectrum Metals Ltd (ASX: SPX) announced today that Ramelius has made a recommended takeover offer for Spectrum Metals. At the time of writing, Ramelius’s share price is down by more than 5%, while...

Spectrum Metals (ASX: SPX) has confirmed the Supreme Court of Western Australia litigation commenced by Venus Metals Corporation Limited against Spectrum and Zebra Minerals Pty Ltd has been settled by mutual agreement with VMC. Spectrum ha...

Ramelius Resources (RMS) has offered to purchase Spectrum Metals (SPX) Under the offer, Spectrum shareholder would receive 1 Ramelius share for every 10 Spectrum shares The deal values Spectrum shares at 15¢ each Spectrum’s Board of direct...

In what has been a long journey, Venus Metals (VMC) has today agreed to settle all claims against Spectrum Metals (SPX) and other parties The parties have now entered into a confidential agreement which includes Spectrum paying $850,000 t...

THE ownership cloud hanging over Spectrum Metals and the emerging high-grade Penny West gold project has been blown away but legal action ...

Lots of junior explorers are guilty of falling in love with their exploration prospects. Year after year, they will talk up the potential of the prospects and might even get around to drilling a couple of holes. When the drilling doesn’t am...

Explorers Twenty Seven Co, Arrow Minerals and Musgrave Minerals are all celebrating potentially significant discoveries this morning. The share price of former cobalt play Twenty Seven Co (ASX:TSC) has jumped all over the shop lately, promp...

2019 was a superb year for many gold investors as prices rose +17 per cent on the back of some trade war-induced global economic uncertainty. Gold investment is seen as a hedge against volatile economic conditions; the sort of conditions ex...

A number of sub-$400m market cap miners and explorers enjoyed monster gains this year. We’ve got 44 multi-bagger stocks on our resources list in 2019 (a return of 100 per cent or above); in 2018 there was just 11. But unlike the very balanc...

In March, former cobalt explorer Meteoric Resources (ASX:MEI) picked up 24 tenements in Brazil’s Alta Floresta Belt, home to over 40 known gold deposits and host to major miners like Anglo American and Vale. Since then Meteoric has been a d...