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Venus Metals says hold fire on unsolicited low-ball takeover bid
Venus Metals owns 50.17 million shares and a one per cent net smelt royalty over Rox Resources’ 2.2-million ounce gold mine in the Western Australia’s Murchison region. Credit: File Venus Metals (ASX: VMC) has urged shareholders to sit on their hands and ignore the noise after private company QGold launched an unsolicited, low-ball takeover bid for the Western Australian exploration company this week. The 17-cent cash offer, unveiled in a bidder’s statement yesterday, landed

James Pearson
Nov 25


Major shareholder quietly continues to lift stake in Venus Metals
Queensland’s QCoal Group founder and billionaire Chris Wallin has lifted his holding in Venus Metals to 26.21 per cent. Credit: File It’s not every day you see a billionaire quietly tiptoeing up a junior explorer’s register, but Chris Wallin’s latest manoeuvre to increase his stake in Venus Metals (ASX: VMC) bears all the hallmarks of a man who knows exactly where the gold is headed. Wallin is no small-time punter. Ranked number 50 on The Australian’s 250 Rich list with an es

James Pearson
Nov 19


IGO consummates Venus Metals WA lithium JV
An aerial view of the massive Greenbushes lithium mine in Western Australia’s Southwest region, which shares a boundary with Venus Metals’ Bridgetown lithium project. Credit: File Venus Metals (ASX: VMC) has lit the fuse on an exciting new lithium partnership, confirming that mining goliath Independence Group (IGO) has hit its Stage 1 earn-in milestone at Venus’ Bridgetown-Greenbushes lithium project in Western Australia’s Southwest. By the first $3 million on the ground to s

James Pearson
Oct 27


Venus Metals reveals zinc promise in WA’s Murchison as recovery test work begins
Drilling at Venus Metals Corporation’s Youanmi base metals project in WA’s Murchison region. The company controls 100 per cent of the...

James Pearson
Oct 9


Venus Metals WA Youanmi gold royalty revalued to $25.4M
Venus Metals’ annual report has revealed an independently re-rated valuation of its net smelter royalty over Rox Resources’ Youanmi gold...

James Pearson
Oct 2


Coal billionaire ups Venus Metals stake amid shining WA gold recovery tests
Venus Metals Corporation has achieved up to 99 per cent gold recoveries from metallurgical tests at its Bellchambers gold project in WA....

James Pearson
Aug 25


Resource boost puts Venus Metals on path to WA goldfields production
Recent drilling at Venus Metals Corporation’s Bellchambers project near Sandstone has enabled the company to upgrade its gold resource to...

James Pearson
Aug 15


Venus Metals locks in mining lease for WA Sandstone gold project
Venus Metals Corporation has secured a mining lease for its WA Bellchambers gold deposit near Sandstone, paving the way for potential...

James Pearson
Jul 25


Venus Metals launches drilling program in search of Murchison copper
Venus Metals is on the hunt in WA’s Murchison region for much-needed copper. The red metal is expected to play a large role in the...

Craig Nolan
Jun 23


Venus Metals lands hefty 38g/t gold hit at promising WA Sandstone project
Exploration and infill drilling by Venus Metals Corporation has landed more solid gold hits at the company’s Bellchambers and Rangeview...

James Pearson
Jun 12


Queensland coal baron creeps to 23.5% of Venus Metals share register
Billionaire coal miner Chris Wallin has increased his stake in Venus Metals Corporation to 23.52 per cent. Credit: File There’s an adage...

James Pearson
May 26


Venus Metals locks in $52,500 grant for Murchison copper drilling program
Venus Metals subsidiary Redscope Enterprise has locked in a $52,500 WA Government Exploration Incentive Scheme grant towards drilling...

Craig Nolan
May 5


Venus Metals to unleash cutting-edge WA gold targeting project with CSIRO
Venus Metals has launched a high-tech hyperspectral research project with the CSIRO at its Bellchambers gold project near Sandstone in...

Andrew Todd
May 1


Venus Metals fires up drill rig to boost Sandstone gold project resource
Venus Metals has launched a drill program at the company’s Bellchambers gold project near Sandstone in the WA Goldfields to chase...

James Pearson
Apr 29


Venus Metals claims sleeper stock status with royalty stream and gold
Venus Metals owns $20 million worth of shares in Rox Resources and a 1 per cent royalty agreement over Rox’s Youanmi gold project, which...

James Pearson
Apr 22


Venus Metals to get drill bit spinning chasing promising WA gold hints
Venus Metals is preparing to drill to uncover more gold at its Sandstone project in the WA Goldfields. Credit: File Venus Metals (ASX:...

Craig Nolan
Mar 25


Venus Metals hits 25.1g/t gold while exploring historic Goldfields project
Venus Metals has intercepted 4m at 10.3g/t gold from 24m, including 1m at 25.1g/t gold under shafts along a southern line of historic...

Azi Capuno
Mar 4


Venus Metals fast tracks boots-on-ground fieldwork at WA gold project
Venus Metals will soon get more boots on the ground at its 90-per cent-owned Bellchambers gold discovery in the WA goldfields. Credit:...
Rowena Duckworth
Feb 13


Venus Metals lodges mining lease over WA pick-and-shovel calcrete play
Venus Resources has applied for a mining lease over a calcrete resource at Yuinmery in WA’s golden Murchison region. Credit: File In a...

Helen Barling
Dec 21, 2024


Venus Metals applies for mining lease to progress WA vanadium prospect
Venus Metals is seeing the rise of its Youanmi critical metals project. Credit: File Venus Metals Corporation (ASX: VMC) is strengthening...

Doug Bright
Dec 19, 2024
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