Articles On Meteoric Resources (ASX:MEI)

Title Source Codes Date
Gold Digger: US$3,000/oz gold price could be on the cards for 2023, mining boss says

EVN’s Jake Klein predicts US$2-US$3,000/oz gold price for this time next year Is a wave of merger and acquisition activity coming in the ASX gold space? Bounce back in vehicle production to boost PGM demand Gold price hits a four-week high...

Stockhead MEI 1 week ago
Gold Digger: Is this the rally gold bugs have been waiting for?

Gold price hits three-week high post-FOMC rates decision ASX Quarterly Gold Wrap: producers hit a low bar, investors are pleased Gold demand falls in H1 as cost-of-living pressures bite, WGC says Our Gold Digger column wraps all the news...

Stockhead MEI 2 weeks ago
Gold Digger: Gold slides 5% for July, recovery hinges on recession fears

Gold is down 5% for July and on a broader downward trajectory, Metals Focus says Aeris Resources’ Golden Plateau deposit could extend the mine life at Cracow Golden State Mining has kicked off drilling at the Yule project in WA   Our Gold...

Stockhead MEI 3 weeks ago
Gold Digger: Gold battles the dollar for safe haven status and JP Morgan in the hot seat

The US dollar looks set to reach 20-year highs, impacting gold’s safe haven status JP Morgan employees on trial in Chicago after ‘spoofing trades’ accusations PGM supply through the recycling of auto catalysts has taken a hit ‘cos Covid O...

Stockhead MEI 1 month ago
Gold Digger: US retail demand for gold, silver bars ‘almost insatiable’, Metals Focus says

Swiss data shows the highest total January to May bullion shipments since 2018 On a year-to-date basis US gold imports surged by 170% to 103t US also the largest destination for Swiss silver bullion, accounting for ~30% of the total; up fr...

Stockhead MEI 1 month ago
Gold Digger: The world’s top gold exec says bullion is enjoying ‘a new floor’ amidst inflation

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...

Stockhead MEI 1 month ago
Meteoric Resources (ASX:MEI) launches new field season at Palm Springs, WA

Meteoric Resources (MEI) launches its field season at the Palm Springs gold project in Western Australia The new program looks to build on progress made over the past two years, with particular focus on discovering additional mineralisatio...

themarketherald.com.au MEI 2 months ago
Market highlights and 5 ASX small caps to watch on Wednesday

The ASX is set to extend losses despite a more subdued session on Wall Street Australian bond market implies a 3.6% RBA cash rate by end of 2022 US Fed rates decision ahead tonight The ASX is poised to extend its losses this morning, afte...

Stockhead MEI 2 months ago
A-Cap Energy (ASX:ACB) appoints Dr Andrew Tunks as CEO

A-Cap Energy (ACB) appoints Dr Andrew Tunks as CEO to lead the upcoming feasibility studies on two of its projects Dr Tunks has more than 30 years of experience, holding multiple leadership and exploration roles during this time Previously...

themarketherald.com.au MEI 2 months ago
Resources Top 5: Gold explorer enjoys $30m windfall, May’s top ASX IPO continues dream run

Meteoric Resources will sell its 387,000oz Juruena gold project for up to ~$30m Southern Cross Gold up 240% on its May 12 listing price Horseshoe Metals (copper gold) Firebird Metals (manganese), and Resource Mining Corp (nickel) up on no...

Stockhead MEI 2 months ago
Meteoric Resources (ASX:MEI) to sell Juruena for A$30.2m, MD steps down

Meteoric Resources (MEI) agrees to sell the Juruena gold project in Brazil to Keystone Resources for up to US$22 million (A$30.2 million) The purchase will be made in cash in three stages and includes a two per cent gross royalty that is c...

themarketherald.com.au MEI 2 months ago
Top 10 at 10: Which ASX stocks are flying on Friday?

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 MEI 2 months ago
Closing Bell: A lithium leak is draining the small cap battery boom

Emerging markets index closes 2.3% lower ASX200 pretty flat, maybe ahead by 0.1% March Qtr GDP rises 0.8%   The Emerging Companies Index has got a lithium leak. We don’t where, we don’t know why. It was down more than 2.7% and has kinda...

Stockhead MEI 2 months ago
Gold Digger: Old phones gathering dust? You’re sitting on a gold mine

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 MEI 2 months ago
Closing Bell: Local markets cope pretty well with Wall Street bleed

Aussie small cap index falls 1.4% The ASX200 down 1.65% Thursday is Arafura Day!   Down less than 2% and I think we can call that a win. No one likes the sight of blood and after the major Wall Street indices shed more than 3.5% a piece,...

Stockhead MEI 2 months ago
Gold Digger: CHART – Frail Aussie dollar has local gold miners sitting pretty

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...

Stockhead MEI 3 months ago
Resources Top 5: This new palladium discovery just made famous prospector Mark Creasy several million richer

Mark Creasy-backed Galileo Mining explodes higher after announcing major palladium-platinum discovery Drilling now underway at Cooper Metals’ ‘Mt Isa’ copper-gold project, just 10km from Carnaby’s IOCG discovery ChemX achieves near-battery...

Stockhead MEI 3 months ago
Gold Digger: Stagflation to push gold through $US2,200 later this year, expert says

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 MEI 4 months ago
Closing Bell: Commodity crash leaves local index without a leg to stand on

The recent super-toppy prices of Australia’s major commodity exports took a rare backward step today as analysts began to count the cost of China’s latest no-Covid lockdowns. The mega-miners and most of the energy names dragged heavily on T...

Stockhead MEI 5 months ago
Gold Digger: ASX stocks perform strongly in a volatile week for gold

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...

Stockhead MEI 5 months ago
Gold Digger: ‘Oversold’ ASX Gold index soars 19% in a month

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...

Stockhead MEI 5 months ago
Resolution Minerals (ASX:RML) reshuffles board

Resolution Minerals (RML) has seen a reshuffle to its executive board Dr Paul Kitto joins the board as a non-executive technical director, receiving both a director’s remuneration plus the issue of 1,250,000 performance rights Founding dir...

themarketherald.com.au MEI 5 months ago
Gold Digger: War (what is it good for?)

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...

Stockhead MEI 5 months ago
Meteoric Resources confirms “exceptional” gold recoveries at Butchers Creek

“The metallurgical test results from Composite #2 again produced outstanding results that confirm a low cost, simple 'whole of ore' flowsheet using cyanide in leach (CIL) is suitable for Butchers Creek gold-rich ore,” says MD.

Proactive Investors MEI 6 months ago
Meteoric Resources (ASX:MEI) confirms gold recoveries from Butchers Creek

Meteoric Resources (MEI) strikes gold during metallurgical test work at the Butchers Creek gold deposit in WA Samples of half core from test work completed from the sulphide zones at the Butchers Creek Gold Deposit at Meteoric’s Palm Sprin...

themarketherald.com.au MEI 6 months ago
Top 10 at 10: These ASX stocks are soaring today

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...

Stockhead MEI 6 months ago
Gold Digger: Investors are stashing a record amount of gold bars and coins as inflation fears bite

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 MEI 6 months ago
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 6 months 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 7 months 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 7 months 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 7 months 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 7 months 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 8 months 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...

themarketherald.com.au MEI 8 months 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 8 months ago
Meteoric Resources hails 'outstanding' metallurgical test work results at Butchers Creek

Proactive Investors MEI 8 months 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 8 months 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 8 months 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 8 months 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 8 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 8 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 9 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 9 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 9 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 9 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...

themarketherald.com.au MEI 9 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 9 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 9 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 9 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...

themarketherald.com.au MEI 9 months ago