Articles On Meteoric Resources (ASX:MEI)

Title Source Codes Date
Meteoric Resources makes progress towards developing gold projects in Australia and Brazil

The company is undertaking scoping studies at Palm Springs Gold Project, where impressive cyanide leach recoveries have been returned from tests, and at Juruena in Brazil with the primary focus on gold resources.

Proactive Investors MEI 2 days ago
Gold Digger: Solar, electric vehicle demand could push silver market into long term deficit

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...

Stockhead MEI 1 week ago
Gold Digger: JP Morgan reckons gold’s gonna take a dive to $1,520/oz by Q4

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....

Stockhead MEI 3 weeks ago
Closing Bell: Pre-Christmas Santa rally picks up where it left off

The ASX resumed trading after the Christmas break with a healthy gain of over 1%, taking it to levels not seen since early September. The ASX 200 closed at 7,510 points, up 1.21% from last Friday, a level last seen on September 8. All secto...

Stockhead MEI 4 weeks ago
Gold Digger: Gold bulls are out in force, but expect turbulence

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...

Stockhead MEI 1 month ago
Meteoric Resources' oversubscribed share purchase plan raises in excess of A$1.088 million

Total applications amounting to A$1,088,100 were received and the Meteoric board has determined that all 136 valid applications will be accepted in full.

Proactive Investors MEI 1 month ago
Meteoric Resources (ASX:MEI) confirms high gold recoveries at Butchers Creek

Meteoric Resources (MEI) receives positive metallurgical gold recoveries for its wholly-owned Palm Springs project in Western Australia The metallurgical work was conducted as a result of recent drilling at a sulphide zone in Palm Springs... MEI 1 month ago
Meteoric Resources confirms gold recoveries above 96% in Butchers Creek metallurgical tests

“The most important outcome from this test-work is the high leach recovery achieved on straight 'whole of ore' leaching, which indicates the gold is well liberated and not locked up or influenced by the presence of moderate amounts of sulph...

Proactive Investors MEI 1 month ago
Meteoric Resources hails 'outstanding' metallurgical test work results at Butchers Creek

Proactive Investors MEI 1 month ago
Gold Digger: Early 2022 gold rally could turn sour mid-year

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...

Stockhead MEI 1 month ago
Gold Digger: An inflationary bomb is about to go off. It’s time to prepare for the next gold bull market

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...

Stockhead MEI 1 month ago
Closing Bell: ASX finishes slightly down, Close the Loop (ASX:CLG) gains 55pc on debut

On a day when markets finished flat, the highlight of the day was ASX debutant Close the Loop (ASX:CLG). This company, which provides resource collection, recycling company and sustainable packaging solutions listed at 20 cents per share bu...

Stockhead MEI 1 month ago
Gold Digger: Gold’s renaissance was short-lived. Have prices bottomed out?

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 MEI 2 months ago
Gold Digger: These cheap gold stocks might not last long

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...

Stockhead MEI 2 months ago
Five worst performers on the ASX this year

Highlights Some stocks have eroded a huge chunk of their value in less than a year’s time. This huge underperformance makes them a questionable investment for the near future. ATU, MEI, MDI etc. are some of the worst ASX performers to...

Kalkine Media MEI 2 months ago
Gold Digger: Prices lift off on growing inflation

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 MEI 2 months ago
Gold Digger: A global carbon tax could hit gold stocks right where it hurts

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...

Stockhead MEI 2 months ago
ASX Capital Raise Roundup: Tight, tight, tight!

ASX Capital Raise Roundup is a fortnightly look at ASX capital raisings. We continue to harp on the inflation thematic because we are running at a red-hot pace. The September Personal Consumption Expenditures (PCE) index came in at a 30-yea...

Stockhead MEI 2 months ago
Meteoric Resources (ASX:MEI) raises $1.7m for project studies

Meteoric Resources (MEI) gets firm commitments to raise $1.7 million to fund ongoing activities at its Palm Springs and Juruena projects The $1.7 million placement includes the issue of up to 100 million shares, priced at 1.7 cents, to sop... MEI 2 months ago
Meteoric Resources raising up to A$2.72 million to progress Brazil and WA gold assets

“As we approach the close of 2021 the company has commenced significant studies on both its core projects,” MD Andrew Tunks said.

Proactive Investors MEI 2 months ago
Closing Bell: ASX retreats on Melbourne Cup Day, but one new IPO gained 165pc

While you were watching the Melbourne Cup the ASX retreated, the RBA hinted an interest rate hike could be coming sooner than 2024, and a new IPO gained 165%. The ASX 200 closed at 7,324 points – 0.63% down from yesterday. The best sector w...

Stockhead MEI 2 months ago
Closing Bell: ASX starts November on a positive note with 3 new listings

The ASX 200 rose 0.64% on the first trading day of the month. All sectors were in the green except financials – a sector dragged down by Westpac (ASX:WBC) following its results. The best sectors were consumer discretionaries, telcos and uti...

Stockhead MEI 2 months ago
Meteoric Resources (ASX:MEI) to raise much-needed capital

Meteoric Resources (MEI) starts the week off in a trading halt, as it gets ready to raise some much-needed capital The exploration business ended the September quarter with $2.24 million in the bank, enough cash to keep running for another... MEI 2 months ago
Gold Digger: Ounce-hungry gold miners investing big $$ in M&A, new developments

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...

Stockhead MEI 2 months ago
Meteoric Resources says now's a buying opportunity as it updates on Brazil and Palm Springs activity

Proactive Investors MEI 2 months ago
Meteoric Resources continues to deliver at Palm Springs with thick gold zones at Butchers Creek deposit

“The final results from this drilling will be fed into the preliminary economic studies we are planning which include metallurgy, pit optimisation and underground studies,” says MD.

Proactive Investors MEI 3 months ago
Meteoric Resources hits 640-metre zone of anomalous copper mineralisation at Brazilian project

"Exploration for Tier 1 Porphyry copper deposits such as our target at Juruena is high-cost, high-risk exploration and on this basis, we have decided to seek a major partner to further advance this obvious and exciting opportunity,” says MD...

Proactive Investors MEI 3 months ago
Meteoric Resources (ASX:MEI) seeks partner for Juruena copper exploration

Meteoric Resources (MEI) releases results from a recently completed diamond drilling program, testing the at depth gold-copper potential of an anomaly at Juruena The three-hole program has found significant thickness of copper, greater tha... MEI 3 months ago
Gold Digger: Two charts that show how undervalued gold stocks really are

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...

Stockhead MEI 3 months ago
Gold Digger: This large Russian gold mine will have its own nuclear power plant

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...

Stockhead MEI 3 months ago
Gold Digger: Gold M&A is heating up. Which junior is the next takeover target?

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...

Stockhead MEI 3 months ago
Hot Money Monday: Viagold is still mooning — up 1,000pc since August 27

Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relative Strength Index (RSI). The RSI is a technical gauge which measures how trading momentum is affecting the price action. A reading of 70 is seen as the le...

Stockhead MEI 3 months ago
Gold Digger: Gold is back on the menu amidst market chaos

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...

Stockhead MEI 3 months ago
Meteoric Resources’ FY21 programs provide golden bounty exceeding 740,000 ounces

The company increased its overall gold resources after exploratory drilling was completed at the newly acquired Palm Springs Project in Western Australia.

Proactive Investors MEI 3 months ago
Gold Digger: Are ASX large cap gold stocks a screaming buy?

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...

Stockhead MEI 4 months ago
Meteoric Resources assessing open pit and underground development scenarios at Palm Springs

Proactive Investors MEI 4 months ago
Meteoric Resources uncovers thick mineralised gold zones during drilling at Butchers Creek

The company’s latest drilling expedition confirms the presence of thick gold mineralisation zones at Palm Springs, enhancing the project’s anticline hinge zone target.

Proactive Investors MEI 4 months ago
Gold Digger: Where do we go from here?

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...

Stockhead MEI 4 months ago
Closing Bell: Energy leads the ASX to another gain, but one stock gained 265pc

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...

Stockhead MEI 4 months ago
10 at 10: These ASX stocks are the central point of investors’ attention this morning

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 MEI 4 months ago
Gold Digger: Is sentiment slowly returning to the gold space?

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...

Stockhead MEI 4 months ago
The 18 small cap stocks revving Tolga Kumova’s engine right now

Tolga Kumova’s taste in high-powered cars reflects his status as one of Australia’s highest profile investment success stories – it’s probably little surprise the man drives a Ferrari. What may surprise you, however, is the recent revelati...

Stockhead MEI 4 months ago
Closing Bell: Late buyers save the ASX from its biggest daily fall of the year

After treading water since the start of September, the ASX 200 took a dive in Thursday trade to finish 1.90% lower. Stocks lost ground at the opening bell and kept falling throughout the day, with steady falls across the board. Local stocks...

Stockhead MEI 4 months ago
Gold Digger: Northern Star’s share price down 30pc for FY21, despite posting $1bn profit

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...

Stockhead MEI 4 months ago
Meteoric Resources' upbeat as follow-up Palm Springs drilling kicks off in hope of significant discoveries

Drilling on the Palm Springs Gold Project mining licence and pit de-watering is anticipated to begin in May.

Proactive Investors MEI 5 months ago
Gold about to hit next leg of bull market and stocks are cheap, expert says

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...

Stockhead MEI 5 months ago
Gold Digger: Bulls vs Bears – which team are you on?

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...

Stockhead MEI 5 months ago
Gold Digger: Gold regains the crown if crypto crashes

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...

Stockhead MEI 5 months ago
Meteoric Resources confirms thick, robust zones of mineralisation extends further south at Palm Springs Gold Project

The company is undertaking a 4,000 metre drill program comprising seven RC pre-collars with diamond tails and one diamond tail as re-entry of BCRC482 from the 2020 drill campaign.

Proactive Investors MEI 5 months ago
Meteoric Resources confirms visible gold in thick zones at Palm Springs project

A follow-up drilling program by Meteoric Resources (ASX: MEI) at the Palm Springs gold project in WA’s Kimberley region has confirmed the presence of visible gold in thick and robust zones of mineralisation, south of the project’s JORC mine...

SmallCaps MEI 5 months ago