Articles On Andromeda Metals (ASX:ADN)

Gold and silver edged higher Tuesday to US$1996/oz and US$25.15/oz Unhedged Gold Road Resources (ASX:GOR) sells 41,818oz in March quarter at a record average price of A$2,764 per ounce Small Cap Standouts: Metalstech, Los Cerros Our Gold...

US deficit blew out in the early 2000s, sparking a major bear market for the USD This was a catalyst for a major increase in price of gold, from US$250 in 2001 to a high of ~$2,000 a decade later: Jesse Felder Yesterday’s ASX News Highligh...

Gold, eyeing record highs (~US$2070/oz) just days ago, has been chopped down to ~US$2000/oz Gold’s path towards record territory is still there, it just might take a little while longer: OANDA’s Ed Moya Silver holds the psychologically sig...

Rejigged deal will see embattled St Barbara sell flagship Leonora gold assets to Genesis Minerals for ~$600m in cash, shares Deal “reflects the deterioration over recent months in both SBM’s financial and operational position”: Gavin Wendt...

Despite a bullish backdrop – COVID, war, inflation shocks, bank failures – gold has traded in an oddly tight range Liberum says all these demand drivers are being ‘cancelled out’ by Fed-led inflation-targeting rate hikes Gold paying US$201...

Banking crisis sparks gold ETF inflows for the first time in 10 months Central Banks continue buying up gold at record levels Every larger gold stock on our list enjoyed gains this week led by double digit gains for the mid-tier and advanc...

Gold breaches US$2,000oz with ease on weak US economic data A weaker jobs report Friday could see record highs tested Wednesday small cap standouts: Investigator, Labyrinth, Rox Our Gold Digger column wraps all the news driving ASX stocks...

Resources and Energy Quarterly (R&EQ) analysts reckon gold will tumble to US$1550/oz by 2028 Don’t fret: recent R&EQ gold predictions have been way off the mark Monday’s Precious Metals Stock of the Day: Battery Minerals (ASX:BAT)...

Gold ($US1981/oz), silver ($US23.91/oz) continue to trade just below recent highs All top 15 stocks by market capitalisation gained between 2- 20% this week, for an average of 8% ASX gold standouts this week: Regis Resources, Ramelius Reso...

FxPro predicts US$2600/oz gold price, sparked by changes in monetary policy 6 of the top 8 gold stocks by market cap have made double digit gains so far in 2023, led by Newcrest (ASX:NCM) with 29% Our Gold Digger column wraps all the news...

Ramelius Resources reigns supreme with top gold discoveries in the last five years Newcrest Mining is close on its heels, taking out 2nd place This amateur prospector just found a gold nugget worth $240K    Our Gold Digger column wraps a...

Al Jazeera investigation uncovers ‘money washing’ scheme using Zimbabwean gold involving senior diplomats, church leaders Zimbabwe produced a record high ~356t (12.5Moz) gold in 2022 Fast-deprecating currency makes Zimbabwe perfect breedin...

While gold has shined this year, platinum group metals are well off their recent highs Metals Focus says rare PGE rhodium could be in for a rerate this year that big Used in catalytic converters, rhodium supply is in deficit and largely co...

Chinese media announced a major “50t” gold discovery over the weekend, containing metal worth “US$3 billion” In the grand scheme of things it doesn’t appear that big Christian joins Gold Digger live from France to unpack the US Fed meeting...

Gold prices threaten $3000/oz in Aussie dollar terms Fitch says they could move towards US$2075/oz record, but are likely to hit resistance Besra up after announcing US$300m funding deal for 3Moz Bau gold project in Malaysia Our Gold Digg...

Gold prices surge 3% on bank fears, threatening US$2000/oz This week’s rate decision by the US Fed could weigh on gold after prices broke through Australian dollar record $2900/oz Ramelius down on Breaker deal, Tietto up after commissionin...

A cabal of investors and mining executives will descend into Queensland next week for the annual Brisbane Mining Investor Conference, which will held on 22-23 March. Making a keynote address on the first day of the event is Austex Resource...

Central banks are buying gold at record levels with holdings now at 50-year highs: Sprott Gold tends to hold its value in times of crisis Central Bank buying ‘extremely’ bullish: Goehring & Rozencwajg They say investors with no perform...

Gold defends psychologically important US$1800 level and is currently paying ~US$1840/oz Rox Resources up 66% on monster hit outside 3.2Moz Youanmi resource Miners Ramelius (+20%), Resolute (+14%) lead strong week for mining stocks Our Go...

The ASX slid to close flat today, after realising we were in danger of making some money Materials and Energy enjoyed a boost from Chinese manufacturing data Retail theft rates have soared as the cost of living crisis hits hard around the...

ShareCafeEnergy and Materials help boost ASX 0.05% by Peter Milios   All sectors except for Energy and Materials closed lower in today’s trading session. However, big gains in these sectors helped the S&P/ASX 200 close 0.05 per cent hig...

Andromeda Metals’ (ADN) Program for Environment Protection and Rehabilitation (PEPR) for its Great White project has been approved by the SA government The South Australian Department for Energy and Mining has signed off on the program,...

ShareCafeStocks of the Hour: RXL, ADN, HLX                    Rox Resources (ASX:RXL) has announced a bonanza intercept of gold at their Youanmi Gold Project in WA. Rox Resources Managing Director, Mr Robert Ryan, stated. “The excepti...

02 Mar 2023 - A snapshot of the stocks on the move featuring Rox Resources (ASX:RXL), Andromeda Metals (ASX:ADN) and Helix Resources (ASX:HLX).

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...

Australian resources exploration and development company Group 6 Metals (ASX:G6M) has appointed mining industry veteran Michael Zannes as Chief Financial Officer (CFO).  Zannes has more than 20 years’ experience in the mining industry, whic...

Andromeda Metals has announced the resignation of its chief financial officer (CFO) Michael Zannes. Zannes, who served as Andromeda’s CFO since 2020, is due to leave the company to pursue other opportunities in March. “Michael has...

Super fund Australian Retirement Trust buys into scandal-plagued Star Entertainment Group State Street Corporation ceases to be a substantial shareholder in Evolution Mining and Sandfire Resources Warrego Energy director sells down stock a...

A near-term producer of the halloysite-kaolin industrial mineral, Andromeda Metals reported development in a number of key areas in the December quarter. Great White project The company’s flagship project in South Australia saw st...

Gold rallies past US1,950/oz on Fedspeak, before falling back below US$1,920/oz on Friday “Bullion traders will need to see disinflation trends remain strong and for the labour market to soften for the bull case to remain in place”: OANDA’...

ASX investors love to see the insiders of companies they have shares in putting their money where their mouths are and buying shares of the businesses they are running. After all, the ultimate job of a company insider is to lead their comp...

Andromeda Metals (ADN) appoints Robert Katsiouleris as its new Managing Director and CEO Current MD James Marsh will transition into the role of Executive Director, Sales and Marketing Mr Katsiouleris has more than 25 years of operati...

Metals Focus reckons early 2021 Reddit squeeze sparked almost two years of record retail silver demand US market achieved a new high last year of almost 4,000t of physical silver investment, “a performance which could be eclipsed this year...

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...

Resource exploration and development company Viridis Mining & Minerals (ASX:VMM) reports it has returned thick intercepts of ‘high-grade’ kaolinite following a maiden aircore (AC) drilling campaign at its 100% owned Poochera Project in...

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...

ShareCafeIT and Materials drag down the ASX: Aus shares close 0.17% lower by Peter Milios   In a relatively quiet session, Utilities have led the day, following big results from Mercury NZ (ASX:MCY), which closed 4.31 per cent higher, and A...

Welcome to the end of the start of the week. We trust you’ve all had a restful weekend, full of whatever it is you like to do when you’re not reading about stocks and stuff, and completely devoid of stuff you hate, like housework, your exte...

Andromeda Metals (ADN) signs a three-year offtake agreement to sell two concrete additives from its Great White project in South AustraliaUnder the deal, Netherlands-based IMCD will offtake a combined 22,500 tonnes of HRM and SRM additives...

ShareCafeLacklustre start to the week: ASX flat at noon by Lauren Hayes   The Australian market is having a lacklustre start to the trading week after US equity markets posted gains on Friday on news of strong earnings reports, but ended lo...

ShareCafeStocks of the Hour: BLG, ICL, ADN                    Global semiconductor developer BluGlass (ASX:BLG) has announced that their laser diodes have achieved feasible reliability, showing more than 500 hours of continuous operat...

21 Nov 2022 - A snapshot of the stocks on the move featuring BluGlass (ASX:BLG), Iceni Gold (ASX:ICL) and Andromeda Metals (ASX:ADN).

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...

Small caps up 0.86% while global markets wait for US midterm election results  Aussies have hit a record 1 million side hustles as the cost of living rises ReNu Energy nabs $100m investment from superannuation fund for green hydrogen proj...

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...

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,...

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...

Pinnacle Minerals has secured a wealth of experience to lead the development of its kaolin business after appointing Nic Matich as its chief executive officer. Matich will join Pinnacle (ASX:PIM) after 15 years in the resources industry foc...