Articles On Hammer Metals (ASX:HMX)

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...

When something is running hot, like lithium, any dog stock can have its day. Our theory is this. For a long-term hold, it pays to look at companies that have good projects in unpopular (but essential) commodities because one day that commod...

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...

The ASX 200 was up 0.23% while the ASX XEC managed a 0.092% gain 8 out of 11 sectors were higher with Materials leading the way  The Real Estate sector was the weakest, down 0.77%   The ASX 200 was up 0.23% today while the ASX XEC squeez...

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...

RockTalk is a Stockhead video series featuring a roundtable of resources experts discussing a new macro topic each week.   In this episode, host Peter Strachan takes a look at molybdenum – what is driving its recent price surge and some pro...

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...

Hammer Metals (ASX:HMX) is unlocking the rapidly emerging potential across its Mount Isa portfolio in North-West Queensland following ‘highly encouraging’ preliminary results from a fixed-loop EM program at the Hardaway prospect. Speaking t...

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...

Perseus Mining (ASX:PRU) continues to claim the title of ‘ASX’s Most Consistently Good Gold Producer’ Other ASX miners a mixed bag Gold is currently at a 2-month low of $US1835/oz Our Gold Digger column wraps all the news driving ASX stoc...

Cooper Metals (CPM) restarts exploration on its wholly-owned Ardmore Tenement at the Mount Isa East project in Queensland The company identified high grade copper-gold rock chips in November 2022, with assays returning up to 17.3 per cen...

Hammer Metals (HMX) extends the mineralisation at its Kalman deposit in Queensland ahead of a planned resource update The company’s latest round of reverse circulation drilling returned broad zones of copper, gold, molybdenum and rhenium...

Strike Energy capitulates as Hancock gets over the line with Warrego takeover bid The US gets nudged awake following a marathon State of the Union from Biden Aussie markets end the day 0.3% higher on the back of Financials and Materials su...

Hammer’s initial drilling at the Hardway project in Queensland has discovered a potentially significant copper-rare earths system with valuable heavy rare earths. Hole HMHWRC001 returned a 30m oxide intersection grading 1.1% copper from a d...

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’...

Garimpeiro mentioned back in mid-December that copper was finishing off 2022 with a bang and that it was probably a good time to reload the watchlist with some junior copper stocks. The red metal had picked itself up from its July 2022 low...

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...

Active mineral explorer Hammer Metals (ASX:HMX) reports it has uncovered a broad copper (Cu) sulphide system following a maiden reverse circulation (RC) drilling campaign at the Pearl prospect, as part of its Mt Isa East Joint Venture (JV)...

Hammer Metals (HMX) intersects copper sulphide mineralisation at the Pearl prospect within its Mt Isa portfolio in QueenslandThe company has received results from drilling at Pearl and the Trafalgar trend, with 11 out of 12 holes intersecti...

Highlights Cobalt Blue produced 125 tonnes concentrate using a High-Pressure Grinding roll Hammer Metals discovered pegmatites and lithium-bearing rock chips at the Yandal Project GME is expecting the results of its sonic me...

Eastern Resources finds spodumene at the Trigg Hill project Hammer Metals discovers pegmatites and lithium bearing rock chips at the Yandal project Terrain Minerals identifies up to 20 pegmatites at the Smokebush Gold exploration project...

Hammer Metals (HMX) discovers a new lithium-bearing zone through sampling at its Yandal project in Western AustraliaThe 200-metre zone has been named “Tapenade” and returned rock chips grading 0.65 per cent lithium as well as up to 1795 par...

Well, it’s rates day here in Oz, and property owners are donning their brownest pants for a likely rise. Some say 50bps is sensible. In the US, the Fed got a case to keep rising rates despite the inflationary slowdown. Stronger than expecte...

ASX 200 gets golden, adds 1% Small cap index rises 1.05% Greenstone finds yellow stone What you need to know first up is that the benchmark ASX200 is doing well. It’s ahead by about 0.9% with 10 minutes of play left in the session. Even...

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...

Hammer Metals (ASX:HMX) reports it has received final assay results confirming a ‘significant’ wide zone of ‘high-grade’ copper sulphide mineralisation at the South Hope Prospect in Queensland. The company says these results are from the fi...

Hammer Metals (HMX) confirms a broad zone of copper sulphide mineralisation in its first drill hole completed at the South Hope prospect in northwest QueenslandThe company has received assays from its recent drilling program, with the first...

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...

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...

The forgotten product’s vital role in lithium batteries is set to underpin its renaissance. The bright outlook is a boon for juniors like BlackEarth, which has just released a highly favourable DFS on its Maniry graphite project. And Hammer...

Hammer Metals (HMX) claims a recent trial proves its Kalman deposit in northwest Queensland is amenable to ore sorting technologyThe company says it has completed preliminary ore sorting testwork on samples taken from the Kalman copper-gold...

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...

ShareCafeEnergy and Materials only sectors left lagging: ASX closes 0.28% higher by Peter Milios   In today’s events, independent commission agency ASIC has launched legal action against BPS Financial, the company behind Gold Coast-based di...

25 Oct 2022 - A snapshot of the stocks on the move featuring C29 Metals (ASX:C29), Hammer Metals (ASX:HMX) and St George Mining (ASX:SGQ).

ShareCafeOptimism out of the US boosts sentiment: ASX up 0.6% at noon by Lauren Hayes   Positive gains in the local market have extended into a second day as optimism out of the US about corporate earnings ahead of several key tech reports...

ShareCafeStocks of the Hour: C29, HMX, SGQ                    C29 Metals Limited (ASX:C29) announced this morning the signing of an option agreement to acquire 80% of two exploration licences located within the world renowned South Am...