Articles On Metalicity (ASX:MCT)

It was another day of gains for the ASX led by the energy sector. The ASX 200 rose by 0.116% to close at 7,437 while the ASX Emerging Companies Index rose 0.56% to close at 2,527. Although there was an even number of winners and losers amon...

Metalicity has made a bid to consolidate the ownership of its promising Kookynie and Yundamindra gold projects in WA, lobbing a $12.8 million all scrip bid for its JV partner Nex Metals. Metalicity (ASX:MCT) owns 51% of the Kookynie and Yun...

METALICITY is seeking to consolidate gold exploration projects north of Kalgoorlie with an all-scrip bid for joint venture partner Nex Metals ...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Gold explorer Metalicity has corporate advisory firm Harbury and Canaccord Genuity in its corner for its hostile takeover bid for Kalgoorlie company Nex Metals.

Wall Street snaps four-day losing streak In US stock markets, the S&P 500 rose by 0.23% and the Dow Jones climbed 0.76% – snapping their four-day losing streak. The tech-heavy Nasdaq however, inched lower by 0.07%. Energy stocks were th...

Drilling kicked off over the weekend at the ‘McTavish’ prospect, where Metalicity previously hit shallow, high grades like 4m at 29.1 g/t from 20m. Anything above 5g/t is generally considered high grade. McTavish is a part of the historic,...

Gold continues to consolidate around $US1,800/oz which, if we went back in time to July 2020, would be cause for celebration. Back then $US1,800/oz was an eight-year high and bullish sentiment was nudging even the shittiest exploration stoc...

With eye-popping gold grades of up to 91.2g/t, some of the highest to date at the Kookynie project, Metalicity was always going to return to the McTavish prospect for more. That’s exactly what the company is looking to do with plans being f...

Wall Street closed as iron ore plunges The US stock markets were closed on Monday for Labour Day. European shares meanwhile climbed to near-record levels, following Nasdaq’s highest-ever close last Friday. The price of iron ore has dropped...

Gold bugs would be breathing a sigh of relief this week as the price stabilises just shy of $US1,800/oz ($2,463/oz Aussie) thanks to Monday’s healthy 1.5% gain. While there are plenty of other red hot sectors attracting investor dollars rig...

Another red day for the ASX to close out the week. The ASX 200 closed 0.05% down from yesterday at 7,461 points, 2.2% lower than a week ago. The ASX Emerging Companies Index meanwhile dropped 2.09%, closing at 2,187 points which is over 5%...

The gold price itself had 12 months of consolidation. Now we are entering a new stage of a bull market which Barry Dawes of Martin Place Securities believes “will take it much, much higher”. In the big scheme of things, the pullback we have...

On Sunday, a chaotic ‘flash crash’ saw the gold price plummet into the $US1600s per ounce before staging a mild recovery. Experts mostly point to a better than expected jobs report out of the US for heavy selling that saw the traditional he...

Western Mines Group (ASX: WMG) has commenced a major field exploration program at its Melita gold-base metals project on the Norseman-Wiluna Greenstone Belt in Western Australia’s eastern goldfields. Work will focus on the historic Princess...

As an uncorrelated asset – value not tied to larger fluctuations in the traditional markets — gold has had “its lunch cut a bit” by crypto, PCF Capital’s Liam Twigger says. “There is an article in the last Economist asking, ‘what happens if...

IRIS Metals is set to become the latest Kookynie entrant to join the ASX boards, with its sights set on following the recent exploration successes other companies have had in the Kookynie mining camp. The company’s portfolio includes teneme...

Strong consumer buying and modest institutional investment helped create gold demand of 955.1 tonnes over Q2 – a 9% rise from Q1 2021, and in line with the equivalent period last year. While both consumers and retail investors were purchasi...

The Aussie share market has fallen for two consecutive days, down by 0.46% today. Seven sectors were down, while four rose. Utilities and Mining were the worst peforming sectors, while Healtcare and IT were the best. In big cap news today,...

The ASX 200 index closed near its lows Thursday, falling by 0.39% on lower-than-normal volume. Nine out of 11 sectors were lower, led by Health Care, which lost 1.44%. The Materials sector – which includes chemicals and plastics, constructi...

Metalicity continues to pile on the gold hits at its Kookynie project with drilling at the Champion prospect delivering consistent grades over good widths. The company noted that 16 of the 24 holes returned a significant intercept with nota...

Azure has been awarded the promising Barton tenement that is close to several large and growing deposits in the highly-prospective Kookynie gold district in WA. The 200sqkm Barton tenement adjoins the third-party Puzzle North gold discovery...

With its ongoing nickel exploration success at Andover, Azure Minerals (ASX: AZS) is now firming up its gold potential with activities underway at the recently granted Barton tenement in the Western Australia’s eastern goldfields. The compa...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade. WINNERS Scrol...

It is no longer just lip service — to create max value for shareholders, miners know they need good Environmental, Social and Governance (ESG) credentials. Failing to maintain good relationships with stakeholders (like governments, local co...

There’s nothing quite as exciting for an explorer as visible gold, which is just what Viking Mines has found beneath historic workings at the ‘First Hit’ gold mine. Viking Mines (ASX: VKA) revealed that 2 of 6 holes from a diamond drilling...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade. WINNERS Scrol...

The ASX 200 fought hard to remain above water in the final session, after lifting by 0.30% at the halfway point. The index finally closed the day 0.23% higher. Seven of 11 sectors fell, with Energy and Utilities the two top under performers...

Nex Metals Explorations Ltd (ASX: NME) shares are skyrocketing on Thursday. At the time of writing, the Nex Metals share price is gaining a whopping 165.22% to trade at 7.7 cents. Below we take a look at the ASX gold minnow’s latest assay...

Recent drilling at the McTavish prospect  — part of Metalicity’s Kookynie gold project in WA’s Eastern Goldfields – has delivered some of the highest grade results to date. Results such as 1m grading 91.2 grams per tonne (g/t) gold from a d...

Gold had its worst month since November 2016 in June, down 7% to $US1,779/oz. Mining and exploration stocks have followed suit. This bearish trend creates a buying opportunity, experts say. Boutique investment advisory firm head Frank Holme...

Recent drilling has extended Metalicity’s (ASX:MCT) Leipold prospect by a further 200m to over 1km of strike — a major positive ahead of the upcoming resource estimate. Results such as 2m grading 4.7 grams per tonne (g/t) gold from 65m incl...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

The market giveth and the market taketh. Truer words have never been spoken with gold prices diving nearly US$100 in less than a day after the US Federal Reserve signalled higher inflation and that interest rates could rise twice by 2023. G...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

The ASX ended the week on a high note, finishing up 0.13 per cent with most sectors in positive territory. The index touched a record high of 7,334 today but failed to keep the momentum and eventually closed at 7,312. For the week, the inde...

Gold is re-starting its bull rally as two major obstacles — higher US Treasury yields and Bitcoin — fizzle. “Strong headwinds from parabolic Bitcoin and rising bond yields appear to have run their course,” Bloomberg Intelligence senior comm...

The ASX had a positive trading day finishing nearly 0.5 per cent up with almost all sectors in positive territory. The ASX 200 closed at 7,303 – 0.44 per cent higher than yesterday while the ASX Emerging Companies Index rose over 1 per cent...

Gold’s rally ran out of puff this week, with the precious metal dropping about 2% below ~$1US1,870/oz at Thursday close. Kitco’s Jim Wyckoff calls it “routine profit taking”. “Importantly, the price uptrend in gold on the daily chart remain...

Over the past two months the gold price has turned a corner, up ~12.7% to a high of $US1898/oz. That’s a four month high, erasing almost all of 2021’s losses. The share prices of local gold stocks have responded in kind. Over the past month...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade. WINNERS Scrol...

Summary Caspin Resources has been trending up since its IPO and has delivered a return of over 186% since listing. The ELE share price has bolstered to a new multi-year high of AU$0.023 with a volume of over 23 million shares. The MCT...

• Caspin Resources identifies sulphide mineralisation in drilling near Chalice’s Julimar discovery • Metalicity strikes 52g/t at McTavish prospect in the Goldfields • Infinity Lithium bounces back after disappointing permitting news last we...

Metalicity’s McTavish prospect is now thought to extend along strike for 2km to the south after first assays from its 2021 drilling returned up to 1m at 52.8g/t gold. The intercept is within a broader zone of 3m grading 19.1 grams per tonne...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Are large Bitcoin investors moving back into precious metals? In a note to clients, JPMorgan said large institutional investors are dumping bitcoin in favour of gold, reversing a trend that’s played out over the last two quarters. “The bitc...

Summary Metalicity shares are having an excellent day on the ASX in light of an upbeat development regarding its gold projects. The ESR share price is having quite a volatile trading session today. Today, Advanced Human Imaging has si...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...