Articles On Rox Resources (ASX:RXL)

Aussie market delivers a rock-solid mediocre effort Koba Resources hits the jackpot by hammering some tent pegs into the dirt Thank the heavens, not much has changed since lunchtime   It’s not been a record-breaker by any stretch of the i...

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...

Alex Passmore will step down as chief executive officer and managing director of Western Australian company Rox Resources. Following the recent completion of Youanmi gold project scoping study, Passmore and the board believe that now is the...

Rox Resources’ (RXL) Chief Executive Officer and Managing Director makes the decision to step down from the roleAlex Passmore held the role for three and a half years and was considered a critical element in transforming the company through...

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...

Rox Resources’ (RXL) confidence has increased in the potential for its Damsel prospect in WA to host a significant mineralised system following its latest round of drilling resultsSixteen drill holes for just over 2000 metres were completed...

Joint venture partners Venus Metals and Rox Resources have released a scoping study for their Youanmi gold project near Mt Magnet in WA which includes a projected production of 71,000 gold ounces per year.

A scoping study for the Youanmi gold project near Mt Magnet in Western Australia has indicated the potential for high returns with low capital and operating costs against industry benchmarks for joint venture partners Venus Metals Corporati...

Rox Resources (RXL) and joint venture partner, Venus Metals (VMC), complete a scoping study on the Youanmi gold project in Western AustraliaThe study indicates Youanmi is set to be a high return project, with low capital and operating costs...

Pilbara Minerals sells 5,000t of lower grade (5.5%) spodumene for a record $US35.5m via Battery Material Exchange “We could see a bit of an M&A frenzy with producers like Pilbara, Allkem and IGO looking to secure strategic assets of sc...

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,...

No long-winded preamble from Garimpeiro this week on his chosen subject – the nickel stocks. Stockhead readers are on top of the nickel thematic more than most. So it is straight to the point that the nickel brigade was on show during the w...

China will extend its dominance in cathode production, increasing market share from 78% in 2022 to 87% in 2030: Benchmark And yet this will mostly be from Tier 3 producers, which currently do not supply EV market Tier 1 production — those...

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...

Investor sentiment for rare earths stocks is flying There is about 750g of magnet rare earths on every EV motor, about 2 tonnes in offshore wind turbines  EVs, wind turbines are exponential growth sectors Our High Voltage column wraps all...

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...

ASX lithium miners are raking it in, a trend set to continue for a while yet CATL’s new batteries travel an impressive +1,000km between each charge Last week’s top ASX performers: Anson, White Cliff, Dart Mining  Our High Voltage column w...

Ford slashes 3,000 jobs as shift to EVs gathers pace At least 2 significant producers in Sichuan have suspended lithium production, while another has halved output due to the heatwave-driven powercrunch: Fastmarkets Last week’s top ASX per...

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...

Emerging semi-solid battery technology uses a lot more lithium; battery metal shortfall may hamper rollout Are weakening cobalt prices about to get a boost? ASX lithium stocks bouncing back as more evidence emerges of long term supply shor...

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...

The US Department of Energy’s loan programs office is open to Aussie producers Energy Secretary Jennifer Granholm wants to reduce reliance on China’s battery metals Rimfire Pacific Mining gains full control of the Broken Hill Cobalt Projec...

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...

Effective battery recycling will be crucial to meeting future metals demand ASX battery recycling stocks include Neometals, Hannans, and Lithium Australia Weekly small cap standouts: Panther Metals, Odessa, Flynn Gold Our High Voltage col...

Rox Resources (RXL) commences further reverse circulation drilling at Mt Fisher gold project in the Northern Goldfields in WA The program will include 16 holes and has begun at the Damsel Prospect to follow up on results announced in April...

Battery producers look to increase energy density and drive down raw material costs CATL’s Qilin battery is 13% more powerful than the one planned by Tesla Stellantis adds 5 years to lithium offtake agreement with Vulcan Energy   Our High...

IGO has entered a farm-in and joint venture (JV) with Venus Metals to progressively acquire up to a 70 per cent interest in the Bridgetown Greenbushes Exploration Project in Western Australia. IGO currently holds a 49 per cent interest in t...

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...

More high grade gold results have been registered at the Grace deposit within the Youanmi Gold Project near Mt Magnet, Western Australia, owned by Rox Resources in conjunction with joint venture partner Venus Metals Corporation. Rox managin...

Grade control drilling results have shown shallow mineralisation continuity at Venus Metals and Rox Resources’ Grace deposit that forms part of the joint venture’s Youanmi gold project near Mount Magnet in WA.

Rox Resources (RXL) and joint venture partner Venus Metals (VMC) receive “exceptional” drill results from the Grace deposit within the Youanmi gold project in WA The results returned high grades of up to 35.32 g/t gold over seven metres an...

Venus Metals Corporation (ASX: VMC) and Rox Resources (ASX: RXL) have returned “exceptional” results from drilling at the shallow Grace deposit within the Youanmi gold project in Western Australia. The reverse circulation grade control resu...

Aussie-listed lithium pure plays Pilbara Minerals (ASX:PLS) and Allkem (ASX:AKE) are down 40% and 10%, respectively, year-to-date Both are pulling in record revenues Meanwhile, lithium contract prices are still rising Our High Voltage col...

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...

Benchmark gives four reasons why Goldman Sachs is wrong on lithium oversupply claims Chinese lithium — Goldman’s most significant source of new supply — is low quality and expensive Lithium contract pricing continues to rise Our High Volt...

Venus Metals Corporation and Rox Resources have continued their run of gold hits from the latest round of drilling at the companies’ joint venture Youanmi gold project near Mt Magnet in WA.

Rox Resources (RXL) confirms at least 160 metres of further mineralisation at the new Midway lode within its Youanmi Gold Project in Western Australia The latest results include an eight-metre intersection at 5.1 grams per tonne (g/t) gol...

Drilling at the recently-discovered Midway hanging-wall lode within the Youanmi gold project in Western Australia has confirmed at least 160 metres of up-plunge continuity for joint venture partners Venus Metals Corporation (ASX: VMC) and R...

ASX lithium stocks suffered selldown after major investment bank Goldman Sachs called top of battery metals boom Cowen disagrees, models 19% deficit to demand from 2023-2030 Stock prices don’t reflect current high lithium prices: Jefferie...

Sans coal and oil, battery metals are blowing the rest of the commodities complex away in 2022 Lithium carbonate and hydroxide are up 85% and 127% respectively A breakdown of 2022’s five most popular ASX battery metals stocks Our High Vol...

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...

Cobalt deficit starts to widen from 2024, with no end in sight Labor’s election victory good for “battery material stocks, hydrogen, or new technology”: Far East Capital Booming EV sales will still fall well short of 2050 targets, IEA says...

Golden Mile Resources (G88) completes an aircore drilling program at its Yuinmery project in the Youanmi gold mining district in Western Australia The program included 139 holes, totalling 2265 metres, and tested the Elephant Reef, Ladies...

High prices for raw materials like lithium and nickel add ~$US12,600 to cost of Silverado EV Carmakers, battery makers increasingly investing in cheaper, better solid-state tech This week’s biggest ASX movers: Galileo, Conico, Greenstone...

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...

To find 10-bagger stocks investors often go “where the industry is less comfortable”: Rick Rule But risks abound. Lithium favourite AVZ is the latest ASX stock to potentially come unstuck in a Third World jurisdiction Global energy transit...

Rox Resources (RXL) intersects “outstanding” gold mineralisation from the Mt Fisher and Mt Eureka gold projects in Western Australia A total of 4800 metres of reverse circulation and 7000 metres of aircore drilling was undertaken in Decemb...

BMG Resources up again after announcing thick, high-grade gold hits yesterday How big will Predictive Discovery’s 3.65Moz ‘Bankan’ project get? Receipt of government approvals paves the way for a major exploration program at Lithium Energy...