Articles On Xanadu Mines (ASX:XAM)

After a couple of days in the red, the ASX rebounded into positive territory today. The ASX 200 rose 0.83 per cent closing at 7,055 while the ASX Emerging Companies Index closed 0.22 per cent higher at 2,095. Most sectors were positive with...

The ASX fell again today, as risk-on sentiment continued to reign supreme in the markets. The ASX 200 fell 0.29 per cent, a smaller drop then yesterday but one that saw it close below 7,000 – at 6,997. Small caps fell by more, with the ASX...

The gold price traditionally thrives on geopolitical drama. Heightened tensions in eastern Ukraine, the recent incident at an Iranian nuclear site, and news of an unofficial US delegation visiting Taiwan are recent reminders that 2021 will...

Gold continues to trend upwards on the back of US dollar’s ongoing weakness and concerns about inflation, so it’s unsurprising that the majority of gold plays on our watchlist have marked gains this week. The previous metal is currently tra...

March got off to a rough start, with ASX small caps suffering their worst week since October and the Small Ords Index falling into the red on the year. But it got better. US punters received another stimmy cheque in the mail from President...

The gold price may have languished slightly in 2021, but the number of gold IPOs certainly has not. Here’s what the newest ASX gold explorers are doing, where they are doing it, and why investors should care.   KINCORA COPPER (ASX:KCC) The...

Xanadu Mines has hit a purple patch with its copper-gold exploration efforts in Mongolia.  Over the course of the past two days, stellar drilling results have been delivered from each of the company’s two main assets, the Kharmagtai copper-...

Today on the ASX, small caps had a down day, large caps had a good day while Airtasker (ASX:ART) had another brilliant day. The ASX 200 rose 0.5 per cent to 6,779 points while the ASX Emerging Companies Index fell 1.1 per cent to 2,009 poin...

The ASX finished the day slightly down despite Airtasker’s (ASX:ART) positive debut. The Aussie tech icon finished the day up over 60 per cent. However, the broader ASX sector finished the day down with the ASX 200 falling 0.11 per cent to...

Source:ravindara, Shutterstock The market continues to trade in the negative territory. It opened low and by lunchtime inched up only to fall down in a volatile trading session. Towards the end of the trading session on Tuesday, the benchm...

Source: solarseven, Shutterstock After the initial loses, the market tried hard to gain points amid a volatile trading session, and towards the end, it traded in the positive territory. The benchmark index ASX 200 settled at 6752.50 points...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest movers – the winners and losers alike. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday t...

The identification of additional, higher grade resources at depth looms as the game-changer for Xanadu Mines’ flagship Kharmagtai copper-gold project in Mongolia, according to stockbroker Argonaut Securities.  Argonaut analyst George Ross i...

Summary Xanadu Mines has unveiled a broad zone of high-grade bornite mineralisation at its Kharmagtai project. This is the highest-ever density of bornite mineralisation identified at the project. The company is designing follow up dr...

The Mongolian-focused explorer Xanadu Mines Ltd [ASX:XAM] share price has soared today thanks to promising results from its Kharmagtai porphyry copper and gold project. The XAM share price is up 31.25% at time of writing to trade at 4.2 cen...

Special Report: The latest diamond hole drilled at Xanadu Mines’ Kharmagtai copper-gold property in Mongolia has provided a timely reminder ... Read More The post Xanadu project headed for top tier as copper price surges appeared first on S...

Xanadu Mines Ltd (ASX: XAM) shares are surging today after the company released an update to the market this morning. The update was regarding the results of Xanadu’s diamond drilling program in Stock Worth Hill at its Kharmagtai porphyry...

Special Report:  CLSA analyst Trent Allen has endorsed Xanadu Mines’ renewed focus on exploration at its flagship Kharmagtai copper-gold project ... Read More The post CLSA backs Xanadu’s tier one copper aspirations in Mongolia appeared fir...

Special Report: Xanadu Mines chairman and veteran geologist Colin Moorhead believes the company is back on track and well placed ... Read More The post This veteran geo has found his Xanadu and is setting it on the path to greatness appeare...

Copper prices have been on a tear in the past six months with prices climbing some 40 per cent to just above $US3 ($4.25) a pound on the back of rebounding global manufacturing activity and soaring Chinese demand. However, further upside mi...

The capital raising wave shows no sign of crashing with August’s total coming in at $4.7bn. Once again resources companies raised more than any other sector — $163m of the $296m raised by companies with market capitalisations below $100m. F...

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...

CLSA's rebuilt equity capital markets team is off and racing.

Established Australian copper and gold producer and explorer Aeris Resources Limited (ASX: AIS) has appointed Colin Moorhead to the board as a non-executive director effective 27 July 2020. Mr Moorhead, a geologist by training, is known fo...

Bell Financial Group (ASX:BFG) is expecting to book a higher $23.5m first-half profit, but investors didn’t seem overly happy about it with shares dipping 5.2 per cent on Friday morning. The figure is 5 per cent up on the same period last y...

Predictions of copper prices rebounding rapidly as global economies begin to emerge from coronavirus-induced hibernation and major government spending programs kick in are starting to look bang on the money. Copper prices sank below $US2.10...

THERE'S no magic solution to the “wicked problem” Xanadu Mines finds itself in, but newish chairman Colin Moorhead says the company has outlined ...

Want to know which stocks the fund managers have been putting their money in (and out) of? We’ve been keeping track so you don’t have to. Trading Places is Stockhead’s recap of substantial holder movements among ASX small caps in the last f...

RockTalk is a Stockhead video series featuring a roundtable of resources experts discussing a new macro topic each week. In this edition, host Peter Strachan discusses the outlook for copper and if recent supply and demand side shocks have...

Copper miners and explorers could end 2020 as big winners, with analysts predicting a recovery in the price of the red metal as massive government stimulus spending drives demand and interruptions at major mines in Latin America limit suppl...

The Australian Securities and Investments Commission (ASIC) is cautioning entities against holding an AGM while current restrictions on large gatherings are in place.

JOGMEC can earn 51% by sole funding US$7.2 million over four years with exploration scheduled to recommence in April/May 2020.

Gold prices have rallied with April gold futures last trading at $US1,572.70 per ounce after the US Federal Reserve announced its quantitative easing plan. And here is where currency exchange works in favour of Australian gold companies (we...

A new zone immediately east of the deposit reinforces the potential of the project to host high-grade mineralisation on a potentially large scale.

Xanadu Mines (ASX: XAM) has discovered a broad zone of copper mineralisation within its Kharmagtai copper and gold project in Mongolia’s Gobi region. Drilling uncovered the mineralisation outside of the current Stockwork Hill resource, whic...

The company is planning a geophysical drilling program to convert exploration targets into inferred resources to add to the existing Kharmagtai resource.

The company recently upgraded the copper and gold Exploration Target at its flagship Kharmagtai project in the south Gobi region of Mongolia.

Corazon Mining (ASX:CZN) has hit shallow, high-grade nickel in the first two holes of a seven-hole drilling program at its Lynn Lake nickel-copper-cobalt sulphide project in Canada. Corazon shares briefly climbed as much as 25 per cent this...

In December last year the company’s new test program at the Kharmagtai project improved copper recoveries by around 4.5% to an average recovery of 89.5%.

Neometals (ASX:NMT) could soon be adding more nickel resources to its Mt Edwards project near Kalgoorlie after drilling at the Widgie South Trend returned high-grade nickel sulphides. Results of up to 2m at 4.79 per cent nickel within a bro...

New test work has increased copper recovery by 4.5%, gold recovery by 3% and has improved concentrate grades.

The new chairman aims to take Xanadu through the next stage of the company’s growth strategy for the Kharmagtai Copper-Gold Project

Mongolia has not always been a happy hunting ground for ASX companies – just ask Rio Tinto (ASX: RIO), which is trying hard to deliver sustained value from its Oyu Tolgoi copper project in the southern reaches of the Gobi Desert. The land m...

An independent valuation by SRK has estimated a preferred value of US$173.6 million for the Kharmagtai Project.

INDUSTRY contractor SRK Consulting has valued Xanadu Mines' Kharmatagai copper-gold project in Mongolia at more than 6-7-times the ASX-listed ...

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...

Australian based metallurgical coal and infrastructure company, Aspire Mining Limited (ASX:AKM) announced the appointment of Mr Sam Bowles as the company’s Chief Operating Officer (COO), resident of Mongolia, on 25 October 2019. Read here:...

The company has re-defined its short/medium-term development strategy to focus on low-risk exploration of the shallow oxide gold cap.

A rising tide lifts all ships, as the old saying goes. But does it apply to gold miners and explorers? Against the background of a see-sawing global market, the rising gold price has provided solace for gold sector investors. And with analy...

All four diamond holes at the high-grade Copper Hill deposit intersected shallow oxide and transitional gold mineralisation.