Articles On Spectrum Metals (ASX:SPX)

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...

Explorer Artemis has identified seven “high priority” targets at the Armada project in the Paterson Province of WA – three of these are immediately north of the huge Havieron gold-copper discovery. Once upon a time, investor money was swarm...

Spectrum Metals (ASX: SPX) has provided an update to the market on the proceedings against Venus Metals Corporation. This morning the Supreme Court of Western Australia made orders listing the proceedings for trial on 3- 12 March and 14 Ap...

Aldoro Resources Limited (ASX:ARN) has received approval for its Program of Work (POW) relating to the company’s maiden drilling program at the Penny South Gold Project in Western Australia. A preliminary 5000 metre aircore (AC) campaign is...

Kalgoorlie is arguably Australia’s premier gold town and the region around it has delivered a rich endowment of the precious metal over the course of the country’s longest-running gold rush, which shows no sign of stopping anytime soon. Tor...

03 Dec 2019 - Spectrum Metals (ASX:SPX) has appointed Mr Les Davis as a Non-Executive Director of the company.

Venus and Rox have hit high grade gold in new RC drilling north of the old Penny West gold mine and Spectrum Metals’ recent Penny North discovery.

Aldoro Resources Limited (ASX:ARN) has provided an update on the completion of the interpretation and targeting work at the company’s Penny South Gold Project. Interpretation of the high-resolution ground magnetic survey in September reveal...

Aldoro Resources Limited (ASX:ARN) advised on Wednesday that conditions precedent to the acquisition of all outstanding shares of Altilium Metals Limited have now been satisfied. The company has also completed the placement of $650,000 at 1...

Australia is well-known as one of the world’s leading suppliers of gold, iron ore, coal, bauxite, copper, zinc, lead, manganese, and a number of other commodities. Australia: Supporting a diverse Resource Sector The country has a prosperous...

Spectrum Metals (ASX: SPX) has strongly defended against Venus Metals Corporation’s claims and has filed its defence in the Supreme Court. Spectrum Metals has provided an update to the market on the proceedings against Venus Metals Corpora...

“Sooner or later, everything old is new again,” author Stephen King wrote, according to the internet. It sums up the proclivity for ASX-listed explorers to revitalise very old, often high-grade mines in 2019’s buoyant gold price environment...

While the broader period 2018 to 2019 has been a transitional year for Twenty Seven Company Limited (ASX:TSC), in terms of concrete news flow and related share price appreciation it has mainly been in the last four months that the company h...

Special Report: Rox Resources and its joint venture partner continue to pencil in more gold hits at their Youanmi gold project in Western Australia. Drilling has returned high-grade results including 4m grading 11.23 grams per tonne (g/t) g...

Aldoro Resources Ltd (ASX:ARN) recently released its activities report for the three months to September 30, 2019. It makes interesting reading, particularly for investors targeting companies that provide diversified exposure across the pre...