Murray Ward | Senior Analyst

ProfilesMurray Ward

Cap Raise Crucible: Gold books, big fees and bruised punters

Argonaut secured roles in $225m of gold raisings as Wiluna shares plunged 22.3%. Brokers pocketed hefty fees and options, while eight of ten Cap Raise Crucible stocks traded below issue price.

Murray Ward

Sponsored

Golden Dragon Mining has kicked off drilling at its Cue gold project in Western Australia’s prolific Murchison region. The project sits 60km north of the township of Cue (pictured).

Golden Dragon drills for gold beneath 3km WA anomaly

Golden Dragon Mining has kicked off a major aircore drilling program at its Cue gold project. The campaign will test a 3km-long gold-in-soil anomaly at the Coodardy/Behring Bore area in WA’s Murchison region.

Murray Ward

Sponsored

Forrestania Resources is building a WA gold business through two strategic processing hubs at Edna May and Lake Johnston (pictured).

Zenith bid goes unconditional as Forrestania builds WA gold stockpile

Forrestania Resources has declared its Zenith Minerals takeover bid unconditional, clearing the decks for a bigger WA gold business as it snaps up 400,000 tonnes of ore feed from Star Minerals.

Murray Ward

Sponsored

Locksley Resources is advancing its Greater Tottenham copper-gold district (pictured) in central New South Wales.

Locksley gears up for major NSW copper-gold drilling push

Locksley Resources has established a field camp and launched a technical program at its Greater Tottenham project, fast-tracking a 15,500m drill blitz on its vast 1000-square-kilometre NSW copper-gold play.

Murray Ward

Sponsored

An outcrop of copper-bearing ore (pictured left) alongside a sample of veining from the same outcrop (pictured right), which featured 0.49 per cent copper and 419 parts per million molybdenum, from Solis Minerals’ Cucho copper project in Peru.

Solis to drill big Peruvian copper porphyry

Solis Minerals will drill its Cucho copper project in Peru this month after new sampling hit up to 0.49% copper and 0.63% molybdenum, defining three new targets for a potentially large porphyry system.

Murray Ward

Sponsored

Kaiser Reef’s Henty gold mine and processing plant (pictured) in Tasmania has fully repaid a major gold loan.

Kaiser gold loan exit frees $600K a month for mine growth

Kaiser Reef has fully repaid its Auramet gold loan on schedule, freeing up $600,000 a month in cash flow. The company retired the debt using cash flow from its Henty gold mine in Tasmania.

Murray Ward

Sponsored

Forrestania Resources is on track for a December 2026 production restart at its Edna May gold plant (pictured) in Western Australia.

Forrestania fast-tracks WA gold production for December

Forrestania Resources is fast-tracking its Edna May gold hub for a December restart, with first ore on the pad. Critical mill liners are en route, and its tailings facility is nearing completion.

Murray Ward

Sponsored

Installation works completed across the Kangankunde process plant’s separation circuits ahead of commissioning at Lindian Resources’ Kangankunde rare earths project in Malawi, with first production targeted for December.

December rare earths production debut looms for Lindian in Malawi

Lindian Resources is on track for first rare earths production in December at its giant Kangankunde project in Malawi, with construction and power infrastructure nearing completion and ore stockpiles growing.

Murray Ward

Sponsored

Brian Rodan, executive chairman of Augustus Minerals, holding drill core from the 2.5-million-ounce Mt Kare gold-silver project in PNG.

Augustus circles giant PNG gold prize in Porgera backyard

Augustus Minerals is positioning itself to secure the huge high-grade Mt Kare gold-silver project in Papua New Guinea, sitting in a world-class mineral belt just 15km from the 32-million-ounce Porgera mine.

Murray Ward

Sponsored

Zenith Minerals’ drilling at its Consolidated Dulcie Gold Project in Western Australia.

Zenith hits 14 from 14 in WA gold drilling campaign

Zenith Minerals has hit more gold at its Dulcie project in WA, with a best hit of 6m at 4.14g/t gold. All 14 holes assayed at Dulcie Central have now returned gold mineralisation, firming up a 600m corridor.

Murray Ward

Sponsored

A 70-tonne crane pulling the pump from well LF-03 as part of the workover at TMK Energy’s Gurvantes XXXV coal-bed methane project in Mongolia.

TMK Energy steps on gas with fresh Mongolian drilling

TMK Energy has kicked off a drilling and re-completion program at its Gurvantes XXXV gas project in Mongolia to optimise production as major international development interest in the region heats up.

Murray Ward

Sponsored

Orbit Resources is spinning out its Narraburra rare earths project into a new ASX-listed entity, Matrix Critical Minerals.

Orbit sets $12M rare earths spin-off in motion

Orbit Resources has launched a $12 million rare earths float for its Matrix Critical Minerals spin-off, allowing the company to focus on its NSW gold-silver assets while Matrix develops the Narraburra project

Murray Ward

Sponsored