Articles On Spectrum Metals (ASX:SPX)

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...

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

ROX Resources has had drill success on its joint venture Youanmi ground, 5km north of Spectrum Metals' high profile Penny West gold exploration ...

Venus Metals Corporation Limited (ASX:VMC) in conjunction with its Joint Venture partner Rox Resources Limited (ASX:RXL), has released promising air core drilling results from its Youanmi Gold Project exploration program. Drilling has been...

Further to its announcements in October, Spectrum Metals (ASX: SPX) says that the proceedings commenced by Venus Metals Corporation were before the Supreme Court of Western Australia yesterday morning for directions following receipt of VMC...

01 Nov 2019 - Spectrum Metals (ASX:SPX) was in the Supreme Court of Western Australia yesterday for the proceedings commenced by Venus Metals Corporation (ASX:VMC).

The Board of Spectrum Metals Limited (ASX: SPX) advises that as the market is aware, on 10 October 2019, Venus Metals Corporation commenced proceedings against (amongst others) Spectrum and its wholly owned subsidiary, Zebra Minerals Pty Lt...

Spectrum Metals has announced a stunning maiden resource of 569,000 tonnes grading a whopping 16.8g/t gold for 306,800 ounces at Penny North.

Special Report: Leading institutional investors and high net worth individuals will join the Great Southern Mining register, ahead of a historic maiden drilling program at Cox’s Find. Great Southern Mining (ASX:GSN) has received commitments...

Spectrum Metals has intersected more high-grade visible gold zones from drilling deep at its Penny North discovery near Youanmi in WA.

Spectrum Metals Limited (ASX: SPX) has advised that further to the Company’s announcement made on 10 October 2019 and now that all parties have filed appearances to the Supreme Court Proceedings, SPX will take all necessary steps to expedit...

Special Report: Rox Resources has picked up the scent of further high grade gold — just north of Spectrum’s historic Penny West mine. Recent geochemical studies by Rox Resources (ASX:RXL) and its Youanmi projects JV partner show that many o...

CHALICE Gold Mines has become embroiled on the spat between Spectrum Metals and Venus Mining Corporation over control of the Penny West ...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

Did you know that on 10 October in 1986 the Phantom of Opera made its theatrical debut. The musical written by Andrew Lloyd Webber and Richard Stilgoe opened at Her Majesty's Theatre in London’s West End. The plot was inspired by French aut...

On Stockhead today: gold is good, but which miners offer the best returns, how ASX pot stocks are maturing, Orthocell’s technology might have saved Superman and Clinuvel’s FDA approval caps off 4000% rise. But first:   The day ahead Today t...

There’s been plenty of excitement in the last year or so on the exploration front, from both the big end of town and the juniors. Recent discoveries that have set the pulse racing include Winu (Rio Tinto) and Havieron (Newcrest/Greatland) i...

Acquisitions are a tried and true method for miners to secure additional resources or, in some cases, to fuel a complete change in direction for the company. At the bigger end of town, the major companies are looking to grow again through a...

You only have to look at some major discoveries and exploration success by Australian juniors in the gold sector to appreciate how penny-dreadfuls can become the next big thing overnight. In the last six months, shares in Spectrum Metals (A...

Special Report: Kingston Resources (ASX:KSN) has just pulled off a rare feat – two high-grade gold discoveries on opposite sides of the Asia-Pacific in less than a fortnight. And, in the process the Sydney-based company may have put itself...