Articles On Magnetic Resources (ASX:MAU)

Two massive intersections augur well for the expansion of the 109,000oz Lady Julie North 4 resource, part of Magnetic’s Laverton project in WA. In June, Magnetic Resources (ASX:MAU) released a maiden combined resource at Laverton of 511,000...

Markets overnight were scrambling to adjust to a shock move by the Bank of Japan to allow the yield on 10-year Japanese government bonds to shift up to 0.50 per cent instead of its long-preferred 0.25 per cent cap. In a nutshell, Japan’s be...

Gold prices have historically outperformed during recessions ANZ research raises end of 2023 gold price target to $US1,900/oz Weekly small cap standouts: Peregrine Gold (ASX:PGD), Ora Gold (ASX:OAU) Our Gold Digger column wraps all the ne...

Central banks buying gold at the fastest pace on record Another gold bull signal for 2023 — the crypto collapse Global silver demand on course for record high in 2022 Our Gold Digger column wraps all the news driving ASX stocks with expos...

Magnetic Resources reckons its Trayning tenements in the wheatbelt region of Western Australia could potentially be a new rare earths elements (REE) region, after their latest batch of assays. The company has intersected ‘significant’ thick...

An upgrade to the Lady Julie North 4 Resource is looking likelier than ever after Magnetic’s drilling intersected high-grade gold outside the current resource area. Notable results such as 8m at 9.48 grams per tonne (g/t) gold from a down-...

Gold could have steady path towards $US1,800 level if dollar weakness remains: OANDA ASX gold miners surging this week, led by Evolution Mining +30%, Capricorn Metals +27%, and Regis Resources +27% Weekly small cap standouts: Focus Mineral...

Just five miners/ near-term gold miners are in the green over the past 12 months They include Tietto Minerals, Ora Banda Mining, Emerald Resources, Capricorn Metals and Perseus Mining Top precious metals stocks this week: Hamelin Gold, Zul...

Since reaching its peak in the summer of 2020, silver has fallen ~35% Smart money is going net long on silver, speculators almost net short; a good sign for silver outlook say Goehring & Rozencwajg This week’s top ASX precious metals s...

Magnetic Resources has commenced early works at the Hawks Next and Lady Julie gold deposits at its Laverton project in WA. The work being undertaken by Blue Cap Mining is designed to cover the key approvals and to confirm the economic viabi...

USD gold price continues to fall, currently $US1,621/oz Mixed bag of results for gold producers in Q1: Perseus, Northern Star outperformers so far Weekly small cap standouts: Strickland metals, Medallion Metals. GBM Resources Our Gold Dig...

Retail investment in gold, silver has either hit new peaks or held up at multi-year highs, says Metals Focus 1 ounce gold Maple Leaf in the US commands a 40% premium at the retail level, for example This week’s top movers: Sihayo, Dacian,...

Southern Cross Gold pulls up the highest gold grades to date in drilling at the Sunday Creek project in Victoria Lithium explorer Cygnus Gold names David Southam as incoming managing director Eastern Resources hits thick pegmatites (lithiu...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Benchmark spikes, falls, recovers, trips again, stays down.   Small caps just fall Delta Drones, Danakali rise   Choppy, dicey, angsty trade on Monday. Low volumes and high volatility. It’s almost like the markets themselves are in fact s...

Magnetic’s rare earths ambitions have been brought sharply into focus after initial drilling at its Trayning tenement in WA returned intriguing, shallow clay-hosted mineralisation. Results from the wide-spaced drill program are 52m grading...

ASX 200 down 0.5% Small caps  crash about 1.1% OXR up 50% on some quality HR     And that’s how you say Wednesday was merde in French. Let’s do some good news first. Aussie retail sales climbed for an eighth consecutive month in August,...

There’s plenty of room for Magnetic to expand gold resources at its Lady Julie North 4 deposit if its latest drilling extending mineralisation is anything to go by. Results such as 20m grading 1.06 grams per tonne (g/t) gold from a down-hol...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

PGM demand will remain strong until about 2025, when it will start to fall off a cliff: Metals Focus Why 2025? Because that’s when electrification of transport really kicks up a gear However, Bridge Street Capital analyst Chris Baker belie...

Fitch has downgraded its gold outlook but expects prices to remain “elevated in the coming years compared to pre-Covid levels” Contrarian argument: “It is also a sector full of M&A possibilities as gold equities haven’t been this ‘chea...

The placement saw interest from existing shareholders, allowing Magnetic to advance its Laverton Project gold deposits and adding extensions to Lady Julie 4. Magnetic Resources (ASX:MAU) directors contributed $600,000 towards the placement...

ASX 200 eeks out 0.3% Small caps index barely finds 0.2%  Economists forecast RBA to go a 50bps rate rise tomorrow   The local market is not covering itself in glory on Monday, September 5. The S&P/ASX 200 has risen on the strength o...

Magnetic Resources (MAU) begins the week in a trading halt in regards to an upcoming capital raisingThe company will remain in the halt until Wednesday, September 7, or when an announcement with further details is released, whichever occurs...

TSX listed Korara Resources finds another massive nugget stash at the Beta Hunt mine near Kalgoorlie The new discovery just below the super-rich, 30,000oz Fathers Day Vein China imported more than 80 tons (or 2.56Moz) of gold worth $US4.4b...

Magnetic has kicked off drilling to follow-up on a tasty 18m at 4.1g/t gold intersection at its Lady Julie North 4 deposit within its Laverton project in WA. The 14 hole reverse circulation program totalling 2,040m is designed to extend the...

EVN’s Jake Klein predicts US$2-US$3,000/oz gold price for this time next year Is a wave of merger and acquisition activity coming in the ASX gold space? Bounce back in vehicle production to boost PGM demand Gold price hits a four-week high...

Gold price hits three-week high post-FOMC rates decision ASX Quarterly Gold Wrap: producers hit a low bar, investors are pleased Gold demand falls in H1 as cost-of-living pressures bite, WGC says Our Gold Digger column wraps all the news...

Gold is down 5% for July and on a broader downward trajectory, Metals Focus says Aeris Resources’ Golden Plateau deposit could extend the mine life at Cracow Golden State Mining has kicked off drilling at the Yule project in WA   Our Gold...

Lady Julie North 4 is already a winner for Magnetic, however new thick intersections topping up at 56m at 2.2g/t gold from a depth of 96m proves that it has more to offer. The intersection in hole MLJRC632 at Lady Julie North 4 includes a h...

The US dollar looks set to reach 20-year highs, impacting gold’s safe haven status JP Morgan employees on trial in Chicago after ‘spoofing trades’ accusations PGM supply through the recycling of auto catalysts has taken a hit ‘cos Covid O...

The ASX 200 is up, the XEC is up solidly   Energy, resources, materials are back in black  US CPI was a tough read, but not fatal   Australian small caps are trading well over 1.5% higher on Thursday afternoon as mining and energy stocks...

The ASX 200 and XEC both down more than 1% It was tech and mining’s fault, and that was probably China’s fault Despite volatility big rises among small names  After some strong gains to close out last week’s upside surprises, both the res...

Magnetic Resources (MAU) begins the week in a trading halt in regards to an upcoming capital raising The company will remain in the halt until Wednesday, July 13, or when more details are released to the market, whichever occurs first On J...

West Australian gold explorer Magnetic Resources was asking investors for an equity injection on Monday morning, while Jefferies runs a strategic review to drum up ownership options for the business.

Raleigh Finlayson’s Genesis Minerals announces $111m all scrip off-market takeover offer for Dacian Gold With talks also between Genesis and St Barbara, juniors in region looking closely at who else may be in Finlayson’s sights We profile...

Dale Alcock-backed explorer Magnetic Resources is rattling the tin for $2 million in a placement to continue exploration and development of its gold projects in the well-endowed Leonora-Laverton region.

Raleigh Finlayson is garnering strong support in his bid to consolidate the Leonora gold district All-scrip $111 million offer for Dacian Gold will combine the Mt Morgans mill with Genesis’ high grade ore feed High-flyers among the backers...

Magnetic has cracked the half million ounce mark after pencilling in maiden resources for its gold deposits in the Laverton and Homeward Bound areas, Western Australia. Its HN9, Lady Julie Central, Lady Julie North 4, Mount Jumbo East and H...

Swiss data shows the highest total January to May bullion shipments since 2018 On a year-to-date basis US gold imports surged by 170% to 103t US also the largest destination for Swiss silver bullion, accounting for ~30% of the total; up fr...

Newmont’s Tom Palmer says gold may have found new floor of ~US$1600/oz in the wake of inflation With small gold miners are struggling with rising supply chain and labour costs, Palmer says consolidation in the sector makes sense Drilling r...

Cazaly has completed infill lag sampling across four anomalous surface geochemical gold targets at the Yabby project just 10km west of Laverton, Western Australia. This program followed up on initial sampling that had identified the four tr...

The Lady Julie North 4 deposit is being tested over a large 800m by 150m area, which is being infill drilled with a program of 17 RC holes for 2,796m. Most of these holes are set to extend the down dip extent of the mineralisation and to t...

1 gram of gold can be recovered from about 41 recycled mobile phones Mint Innovation can recover $US12,000 worth of gold from one tonne of old circuit boards Gold trades sideways at ~$US1,850/oz Our Gold Digger column wraps all the news d...

A second parallel north-west mineralised structure is interpreted only 100m to the south and is being further investigated with three RC holes after intersecting 24m at 2g/t gold from 152m. Infill drilling at Lady Julie Central has also in...

US gold price down more than 10% or $200 from its peak But Aussie gold miners faring better due to weak AUD-USD exchange rate This week’s ASX standouts: Twenty Seven Co, OzAurum Resources Our Gold Digger column wraps all the news driving...

Gold price to hit $US2,200 as stagflation fears take hold U.S. and allies officially prohibit all transactions with Russia involving gold, one of its financial lifelines. Will it work? Gold price rebounds over past week to $US1,960/oz Our...

War gossip/news remains the main driver of gold prices. The precious metal is having one of those volatile weeks where unless they timed their entry and exit perfectly, investors probably had a tough time whether long or short, says OANDA s...

A good week for gold, which is up 1.04% to ~$US1,940/oz at time of writing. History shows us war doesn’t usually trigger an extended rally, but news flow – or lack thereof – coming out of Ukraine continues to be the biggest influence on the...

Magnetic’s Lady Julie target is looking like the belle of the ball with high-grade drill results continuing to extend a promising thick gold zone. Ongoing infill and extension drilling at Lady Julie 1 (North) has returned results such as 40...