Articles On Metalicity (ASX:MCT)

Newmont’s Tom Palmer says gold may have found new floor of ~US$1600/oz in the wake of inflation With small gold miners are struggling with rising supply chain and labour costs, Palmer says consolidation in the sector makes sense Drilling r...

An ongoing dispute between Metalicity and Tom Percy-led Nex Metals Explorations has escalated to the Supreme Court.

Benchmark collapses Small caps down 6% Hamelin brings hope   After a really terrific Queen’s Birthday long weekend, local markets already had a session of losses to catch up on at the open. Needless to say, they have. The benchmark took...

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...

1 gram of gold can be recovered from about 41 recycled mobile phones Mint Innovation can recover $US12,000 worth of gold from one tonne of old circuit boards Gold trades sideways at ~$US1,850/oz Our Gold Digger column wraps all the news d...

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...

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...

US gold price down more than 10% or $200 from its peak But Aussie gold miners faring better due to weak AUD-USD exchange rate This week’s ASX standouts: Twenty Seven Co, OzAurum Resources Our Gold Digger column wraps all the news driving...

XEC rises like a stubborn mule, up 0.5% XJO wobbles, equivocates somehow ends 0.2% higher Galileo Mining (ASX:GAL) gains circa 200%   Choppy trade – oh yes – but with Galileo Mining (ASX:GAL) coming out swinging on Wednesday morning, tha...

Metalicity’s takeover play for project partner Nex Metals has been boosted by the independent expert concluding the offer is both fair and reasonable. In a blow to the Nex board – which urged shareholders to reject the offer, the BDO Corpor...

Metalicity (MCT) is raising $3.65 million through a fully underwritten rights issue Eligible participants will also receive one free-attaching option for every three shares subscribed for which are exercisable at one cent each within two y...

The interest rate rise came and the markets fell, then turned a corner. The question now is — will the wheels stay on? Already lagging, the ASX Emerging Companies (XEC) index has closed 0.8% lower. The benchmark has closed 0.4% behind. The...

Metalicity (MCT) enters into a trading halt as the company awaits fresh funds Trading in shares will be paused until Tuesday, May 3 or until the company releases more details in regards to its capital raising Earlier this week, the company...

Maronan Metals (MMA) stormed onto the ASX today, gaining more than 50 per cent on debut. The company is a spin-out from Red Metal’s (ASX:RDM) Maronan Project, targeting copper, gold, silver and lead in north-western Queensland. The pr...

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...

Metalicity (MCT) expands a drilling program at its Kookynie gold project in WA’s Goldfields region The aircore and RC drilling effort will also include the under explored Wandin tenement after a data review generated significant structures...

Metalicity will further expand its current drill program to include the Wandin tenure which has structural trends similar to those at the Niagara Mining Centre. A detailed review of previous drilling results and high-resolution aeromagnetic...

ASX posts 0.5% gain on Thursday Small caps retreat as commodities tread water US stocks futures pointing ~0.9% higher The resources heavy ASX Emerging Companies (XEC) index is down about 0.5% on Thursday, with both oil and the major commo...

ASX gives back early gains on Wednesday Small caps whacked as Fed Hawks get hawky, bonds get toppy, coal prices surge, oil prices plunge… again And now the market news in briefs. Unlike the no-frills, straight-shooting ASX Emerging Compan...

Metalicity (MCT) plans to “significantly” expand its current 9000-metre drilling program at the Kookynie gold project in the WA goldfields The updated drilling program will include the under explored Mulga Plum prospect The upgrade has fo...

Metalicity’s already extensive drill program at its Kookynie gold project will be significantly expanded to include the highly prospective but underexplored Mulga Plum prospect. This expansion will follow-up on previous intercepts such as 2...

They say a spoonful of sugar makes the medicine go down. In the gold space, junior explorer Carnavale Resources believes it may be building towards a Goldfields ‘sugar’ hit of its own. Carnavale (ASX:CAV) is a WA-focused gold and nickel su...

Metalicity (MCT) releases a mineral resource estimate (MRE) for the Leipold, Champion and McTavish prospects at the Kookynie Gold Project in WA The combined MRE reads 1.58 million tonnes at 1.6g/t gold for 81,000 ounces with Leipold’s tota...

Metalicity has issued takeover target and Kookynie and Yundamindra joint venture projects partner Nex Metals with non-payment notices totalling $1.28m. The notices relate to cash calls for Nex’s share of approved expenditure carried out on...

Gold price to hit $US2,200 as stagflation fears take hold U.S. and allies officially prohibit all transactions with Russia involving gold, one of its financial lifelines. Will it work? Gold price rebounds over past week to $US1,960/oz Our...

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...

The ASX 200 index has closed 1% higher on Monday, while the ASX Emerging Companies (XEC) index shed earlier gains to finish down 0.1%. Disappointing, really. It shoulda been a day for the little guys. Asia was mixed. Although not the Hong K...

War gossip/news remains the main driver of gold prices. The precious metal is having one of those volatile weeks where unless they timed their entry and exit perfectly, investors probably had a tough time whether long or short, says OANDA s...

The ASX Emerging Companies (XEC) index is busting out after a three-session losing streak that felt like ten days. I should know, I spent a week in Canberra one afternoon when I was about 15. Anyway, the index for sensational small caps is...

Like my brave suburb near the airport, the ASX 200 is sinking on Tuesday. Only, the XJO is down around half a per cent, while we haven’t been this wet since 1820. It’s all about perspective. At 3.15pm (Sydenham time) the ASX Emerging Compan...

Looking the goods ahead of the open, the ASX has been given a hideous Monday haircut, down about 1%, after the White House floated a thought bubble on slapping Russia with an oil embargo. Offshore markets have now overcome their initial pan...

A good week for gold, which is up 1.04% to ~$US1,940/oz at time of writing. History shows us war doesn’t usually trigger an extended rally, but news flow – or lack thereof – coming out of Ukraine continues to be the biggest influence on the...

Around 9,000m of AC and RC drilling has started at the Kookynie Gold Project, testing several exciting new targets with potential mineralised extensions through the Leipold-McTavish-Champion golden corridor. Metalicity (ASX:MCT) has starte...

Metalicity (MCT) plans to shortly launch an aircore and reverse circulation (RC) drilling program at the Kookynie gold project in Western Australia Drilling will initially be undertaken at the Leipold, McTavish and Champion prospects The...

Metalicity is poised to start a 9,000m aircore and reverse circulation program to test new targets and potential extensions to existing mineralisation at its Kookynie gold project. The step-out drill program follows a detailed review of pre...

Stockhead’s Top 10 at 10, published at 10.30am 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...

After the Russia-Ukraine crisis sent US investors back into their shell overnight, ASX investors were comparatively sanguine in Friday trade. Large caps still finished in the red, but a host of gains among junior explorers saw the microcap...

Investors generally buy gold as a way of diversifying risk when s..t hits the proverbial fan. That’s why the precious metal appears to perform well in times of war or political instability. Conversely, stocks and bonds perform best in a sta...

The ASX 200 is lower after rather unlikely Russian reports of a Ukrainian invasion proved a little fantastic, but the Aussie dollar dipped and the benchmark index shed it’s gains from an earlier four-week high. The White House was quick to...

Stockhead’s Top 10 at 10, published at 10.30am 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...

Metalicity (MCT) will use its shareholding in takeover target Nex Metals (NME) to push for a “significant corporate governance reform” The company spoke of its intention to use its 32 per cent stake to vote against the re-election of curr...

Azure’s portfolio keeps growing and growing after it staked two new exploration licence applications (ELA) alongside the application for an additional two licences to the south of the Barton Gold project. The land package now spans across...

The S&P/ASX200 is about seven points lower on Monday after a day of choppy trade, heavily impacted by some large cap hits, like Magellan (down about 10%) and an earlier whack for the big four banks after ANZ put out a profit warning. Bu...

GTI is spinning off its Niagara gold project near Kookynie, Western Australia to focus on its US uranium assets ahead of a supply shortage of the energy metal. The company will sell Niagara to Regener8 Resources, which plans to list on the...

Alas. After teasing gold bugs with a push through $1,840/oz over the past week, we are now back below ~$US1,800/oz. Gold stocks can’t seem to catch a break. What gives? I don’t get it. PM miners didn’t even get the windfall of the market w...

Stockhead’s Top 10 at 10, published at 10.30am 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...

Global silver demand hit ~1.02 billion ounces in 2021, the first time it has breached 1 billion since 2015, according to the Silver Institute. Of that, industrial demand hit a new high of 524 million ounces. And of that, photovoltaic (solar...

Metalicity (MCT) has issued the second tranche of about 73 million consideration shares to Nex Metals Exploration (NME) shareholders as part of its off-market all scrip takeover The company’s bid was declared unconditional early last month...

Metalicity (MCT) issues the first phase of 282.8 million consideration shares to Nex Metals Exploration (NME) shareholders As a result, Metalicity’s interest in Nex Metals has increased to 28.9 per cent, making it the largest shareholder O...

Gold is holding steady above US$1,800/oz – currently trading at US$1816.60. Some players are confident the gold market will trend net positive next year as the market digests the reality of the past 24 months. But commodity analysts at J.P....