Combined resistance noise and muon-spin relaxation (μSR) measurements of
the ferromagnetic semiconductor HgCr2Se4 suggest a degree of
magnetoelectric coupling and provide evidence for the existence of isolated
magnetic polarons. These form at elevated temperatures and undergo a
percolation transition with a drastic enhancement of the low-frequency
1/f-type charge fluctuations at the insulator-to-metal transition at $\sim 95
- 98KinthevicinityofthemagneticorderingtemperatureT_C \sim 105 -
107$ K. Upon approaching the percolation threshold from above, the strikingly
unusual dynamics of a distinct two-level fluctuator superimposed on the 1/f
noise can be described by a slowing down of the dynamics of a nanoscale
magnetic cluster, a magnetic polaron, when taking into account an effective
radius of the polaron depending on the spin correlation length. Coinciding
temperature scales found in μSR and noise measurements suggest changes in
the magnetic dynamics over a wide range of frequencies and are consistent with
the existence of large polarized and domain-wall-like regions at low
temperatures, that result from the freezing of spin dynamics at the magnetic
polaron percolation transition.