Articles On Metalicity (ASX:MCT)

The Azure Minerals (ASX:AZS) share price isn’t the only thing to have grown since the WA explorer hit paydirt in its very first drillhole at the Andover project in October last year. The size and scale of Azure’s company making Andover nick...

With gold spending most of the past week hovering around the US$1,800/oz (A$2,485/oz) mark, speculation has turned away from whether the precious metal can hold its gains to asking if it can test hit the US$1,850/oz mark. Gold is currently...

Metalicity (MCT) has appointed Justin Barton as Managing Director, effective on January 1, 2022 Mr Barton has been with the company for over five years and has been performing the role of CEO and Chief Financial Officer since June 1 this y...

The Santa rally continued today with the ASX closing higher than yesterday by 0.13%, despite trading lower for much of the day. Tech had a solid day gaining 2.6% ,while health and telcos gained 0.78%. Materials and property were the worst s...

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...

Metalicity strikes a home run at Champion, while diamond core drilling is progressing at McTavish, with two diamond tails completed as mineral resource beckons. Metalicity has hit its widest intersection to date of 28m at 1.83 g/t gold fro...

Metalicity (MCT) receives results from reverse circulation drilling at the Kookynie gold project in WA Latest results come from the Champion and McTavish prospects and have returned high grades, including up to 11.45g/t gold at Champion an...

It’s been fairly choppy for precious metals this year, with economic recovery, rising nominal yields and the potential for rate hikes dampening investors’ appetite for gold. But on the flip side, new virus variants, fears of stagflation and...

Metalicity (MCT) intersects up to 77.4 grams of gold per tonne (g/t) 200 metres east of the Leipold Lode in Western Australia The new results received continue to define and expand the mineralisation at Leipold and are encouraging for the...

US Fed chair Jerome Powell finally admitted that inflationary pressures weren’t going to be as sh­­ort-lived as perhaps expected. Earlier this week Powell surprised markets by suggesting it would be appropriate to drop the phrase “inflation...

Following a 7.6% surge from late September, the price of gold briefly hit five-month highs of ~$US1,872/oz on fears that current high inflation levels are more than ‘transitional’. Gold is an ‘inflation hedge’; an investment that ostensibly...

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...

Excitement continues to build for Metalicity with its second diamond hole confirming that Leipold mineralisation extends even further down-dip than previously thought. The hole, which was drilled 100m down-dip of the first diamond hole and...

Following a 7.6% surge from late September, the price of gold is now sitting ~$US1,860/oz for the first time since June. The Aussie price is looking even better, which is great news for our local producers: USD (dark) and AUD (light) gold p...

The ASX lost ground on Wednesday, as the banks struggled and the US dollar strengthened as markets continue to assess the prospect of tighter monetary policy and its potential effect on asset prices. Commonwealth Bank (ASX:CBA) tanked in th...

Metalicity’s first diamond hole at the Leipold lode is already making waves with indications that gold mineralisation at this location may extend at depth. The hole intersected a 12.25m intercept of Leipold mineralisation consisting of lami...

Nex Metals Explorations is taking legal action against joint venture partner Metalicity over two gold projects in the Eastern Goldfields and a ...

The ASX had a positive finish to the week although it is in negative territory for the week. The ASX 200 closed at 7,443 points which is up 0.83% from yesterday but slightly down from the 7,457 mark it closed at last Friday. Today, the only...

Growing concerns about inflation could send gold prices soaring back above the US$2,000 ($2,746) an ounce mark it last reached back in 2020. Prices of the precious metal have already been rising steadily over the past fortnight, up some 3.7...

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...

A global carbon taxation regime could slash gold miner profit margins by up to 45% unless an effort is made to reduce greenhouse gas emissions, Metals Focus says. Some countries, such as Canada and Sweden, already impose carbon taxes and th...

Vertical Events’ recent South-West Connect Investment Showcase in Busselton, WA, put 38 small cap ASX listed companies in front of ~450 investors. These investors were typically self-funded retirees, high net worth investors, stockbroking f...

The gold price may be in a holding pattern at ~$US1,800/oz, but Aussie gold miners continue to throw piles of cash at acquisitions and new developments. Westgold (ASX:WGX) looks increasingly likely  to hoover up struggling producer Gascoyne...

Gold stocks are cheap, experts keep saying. Well-known analyst Jesse Felder has now demonstrated the “pathetic performance” of the US gold majors in handy chart form. The US listed BANG stocks (Felder’s play on FANG) include gold giants Bar...

The +9Moz, ~350,000ozpa ‘Kyuchus’ field will be one of Russia’s biggest gold mining projects. Kyuchus was first discovered in 1963, but its isolation in the harsh Arctic climate of the Yakutia region has, so far, stymied numerous developmen...

Investors want to see gold miners wisely grow their production profile. Not like miners did during the last cycle, when some irrational, highly priced M&A action destroyed significant wealth. The big gold miners have a “lousy recent his...

Metalicity is now preparing to start diamond drilling at its Kookynie gold project after wrapping up the reverse circulation component of the program. The RC drilling had followed up on previously reported bonanza gold intersections of up t...

There is a lot of uncertainty in the market due to tensions in China, rising interest rates and continuing economic recovery of the global COVID-19 pandemic, with investors fleeing for safe havens to park their cash in. Safe havens like gol...

Newly-listed junior explorer IRIS Metals (ASX: IR1) has kicked off a maiden drilling campaign across the Lily, Rise and Shine and Treasure-Whale prospects at its flagship Kookynie gold project, near Kalgoorlie in Western Australia. The firs...

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 valuations of major gold miners remain weak despite falling debt and record dividends, according to the latest Metals Focus Gold Peer Group Analysis. Australia’s largest gold miners Newcrest (ASX:NCM), Northern Star (ASX:NST), and Evolu...

Two new companies made their debut on the ASX today — Revolver Resources (ASX:RRR) and Iris Metals (ASX:IR1). Revolver Resources (ASX:RRR) Following its $12,724,526.60 initial public offering, Revolver Resources listed today through the iss...

Highlights The ASX 200 ended 1% higher amid a broad-based rally on Thursday. Revolver Resources surged 17.5% on first day of trading. Gold miner IRIS Metals closed 5% higher above its listing price. Australian shares ended higher...

IRIS Metals (ASX: IR1) is set to make its ASX debut on Thursday following an oversubscribed $7 million IPO that was cornerstoned by resource entrepreneur Levi Mochkin’s investment vehicle NASDAQ Securities Australia. Last month, IRIS launch...

Following a successful $7 million raising, cornerstoned by an entity associated with successful resource entrepreneur and investor, Levi Mochkin, IRIS Metals, is due to list on the ASX this Thursday. It has great expectations for its teneme...

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...

It’s been a frustrating few months for gold bulls. As an investment hedge, gold shines during periods of poor or volatile market sentiment. It loves drama like pandemics, civil wars, or the unprecedented failure of the Lehman Brothers in 20...

Metalicity has launched a $12.8m all-scrip bid for joint venture partner Nex Metals in a bid to take full control of the Kookynie gold project.

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...