Articles On Meteoric Resources (ASX:MEI)

01 May 2023 - A snapshot of the stocks on the move featuring Evolution Energy (ASX:EV1), Meteoric Resources (ASX:MEI) and Alliance Nickel (ASX:AXN).

ShareCafeRBA likely to pause rates tomorrow: ASX up 0.56% at noon by Peter Milios   The RBA is likely to pause rates, as the economy stabilises. This decision is based on the need to monitor how the economy performs in light of the increase...

ShareCafeStocks of the Hour: EV1, MEI, AXN                    Evolution Energy (ASX:EV1) has announced that drilling has confirmed a new discovery of high-grade graphite mineralisation at their Chilalo project in Tanzania. Evolution’s...

Aussie Google searches for ‘how to buy and gold and silver’ at 12 year highs Reporting season: Wednesday small cap standouts: GBM Resources, Ora Banda Mining Our Gold Digger column wraps all the news driving ASX stocks with exposure to pr...

Gold and silver edged higher Tuesday to US$1996/oz and US$25.15/oz Unhedged Gold Road Resources (ASX:GOR) sells 41,818oz in March quarter at a record average price of A$2,764 per ounce Small Cap Standouts: Metalstech, Los Cerros Our Gold...

ShareCafePrice of iron ore drops: ASX closes 0.11% lower by Peter Milios   At the closing bell, the S&P/ASX 200 was 0.11 per cent lower at 7,322.00, with losses in the materials and energy sectors. Major mining companies, such as South3...

ShareCafeMaterials and Energy lead ASX 0.11% lower at noon by Peter Milios   Nine out of 11 sectors are trading higher today. However, following losses from the Materials and Energy sector in the US markets on Friday and a cut to the produc...

ShareCafeStocks of the Hour: EDC, MEI, LCL                    Eildon Capital Group (ASX:EDC) has announced that they have received an odd-market takeover offer from Samuel Terry Asset Management as trustee for Samuel Terry Absolute Re...

24 Apr 2023 - A snapshot of the stocks on the move featuring Eildon Capital Group (ASX:EDC), Meteoric Resources (ASX:MEI) and Los Cerros (ASX:LCL).

US deficit blew out in the early 2000s, sparking a major bear market for the USD This was a catalyst for a major increase in price of gold, from US$250 in 2001 to a high of ~$2,000 a decade later: Jesse Felder Yesterday’s ASX News Highligh...

Gold, eyeing record highs (~US$2070/oz) just days ago, has been chopped down to ~US$2000/oz Gold’s path towards record territory is still there, it just might take a little while longer: OANDA’s Ed Moya Silver holds the psychologically sig...

Rejigged deal will see embattled St Barbara sell flagship Leonora gold assets to Genesis Minerals for ~$600m in cash, shares Deal “reflects the deterioration over recent months in both SBM’s financial and operational position”: Gavin Wendt...

Current Aussie gold price of $3013.26/oz means an extra $450 per oz of unhedged production for our local miners Gold miner quarterly reports due to trickle in from later this month Weekly Small Cap Standouts: TechGen Metals, Labyrinth Reso...

Despite a bullish backdrop – COVID, war, inflation shocks, bank failures – gold has traded in an oddly tight range Liberum says all these demand drivers are being ‘cancelled out’ by Fed-led inflation-targeting rate hikes Gold paying US$201...

Banking crisis sparks gold ETF inflows for the first time in 10 months Central Banks continue buying up gold at record levels Every larger gold stock on our list enjoyed gains this week led by double digit gains for the mid-tier and advanc...

Gold breaches US$2,000oz with ease on weak US economic data A weaker jobs report Friday could see record highs tested Wednesday small cap standouts: Investigator, Labyrinth, Rox Our Gold Digger column wraps all the news driving ASX stocks...

The ASX jumped 0.3% after lunch as the RBA finally kept rates on hold. XGD All Ordinaries Gold soared ~3.0% because someone missed a memo. Besra Gold is back on top with a 36% leap after Quantum’s cheque cleared customs.   Local markets w...

Meteoric Resources (ASX:MEI) has received firm commitments to raise $25 million via a placement of 200 million shares at $0.125 per share.  The capital raise is a 13.8% discount to the last close of $0.145 (30 March 2023) and a 5.9% premium...

Resources and Energy Quarterly (R&EQ) analysts reckon gold will tumble to US$1550/oz by 2028 Don’t fret: recent R&EQ gold predictions have been way off the mark Monday’s Precious Metals Stock of the Day: Battery Minerals (ASX:BAT)...

Meteoric Resources (ASX:MEI) has terminated the term sheet for the sale of the Juruena Gold Project in Brazil following acquirer Keystone Resources missing the payment deadline for the final tranche payment of USD$17.5 million. As a consequ...

ASX-listed Meteoric Resources is seeking to capitalise on its own meteoric rise, tapping equity markets early this week to help cover a near-term funding gap. 

ASX closes up 0.78%, while XEC rises 1.91% following global markets higher Morningstar warns of possible start of US recession next week spanning 3 quarters, but talk of pause in Aussie rate hikes ‘premature’ Hubify subsidiary Broadland So...

Gold ($US1981/oz), silver ($US23.91/oz) continue to trade just below recent highs All top 15 stocks by market capitalisation gained between 2- 20% this week, for an average of 8% ASX gold standouts this week: Regis Resources, Ramelius Reso...

FxPro predicts US$2600/oz gold price, sparked by changes in monetary policy 6 of the top 8 gold stocks by market cap have made double digit gains so far in 2023, led by Newcrest (ASX:NCM) with 29% Our Gold Digger column wraps all the news...

Ramelius Resources reigns supreme with top gold discoveries in the last five years Newcrest Mining is close on its heels, taking out 2nd place This amateur prospector just found a gold nugget worth $240K    Our Gold Digger column wraps a...

Al Jazeera investigation uncovers ‘money washing’ scheme using Zimbabwean gold involving senior diplomats, church leaders Zimbabwe produced a record high ~356t (12.5Moz) gold in 2022 Fast-deprecating currency makes Zimbabwe perfect breedin...

While gold has shined this year, platinum group metals are well off their recent highs Metals Focus says rare PGE rhodium could be in for a rerate this year that big Used in catalytic converters, rhodium supply is in deficit and largely co...

Chinese media announced a major “50t” gold discovery over the weekend, containing metal worth “US$3 billion” In the grand scheme of things it doesn’t appear that big Christian joins Gold Digger live from France to unpack the US Fed meeting...

Gold prices threaten $3000/oz in Aussie dollar terms Fitch says they could move towards US$2075/oz record, but are likely to hit resistance Besra up after announcing US$300m funding deal for 3Moz Bau gold project in Malaysia Our Gold Digg...

Gold prices surge 3% on bank fears, threatening US$2000/oz This week’s rate decision by the US Fed could weigh on gold after prices broke through Australian dollar record $2900/oz Ramelius down on Breaker deal, Tietto up after commissionin...

ShareCafeTech and Financials drag ASX 0.5% lower at the close by Peter Milios   On Monday, the S&P/ASX 200 decreased by 0.5 per cent, or 35.9 points, to 7108.8 due to losses in the financials and technology sectors. Gold miners performe...

Australian exploration company Meteoric Resources (ASX:MEI) has signed a definitive agreement with Togni S/A-Materiais Refractários and its various subsidiaries (Togni Group) to acquire the Caldeira Rare Earth Element (REE) Project in Brazi...

13 Mar 2023 - A snapshot of the stocks on the move featuring Neuren Pharmaceuticals (ASX:NEU), Metro Mining (ASX:MMI) and Meteoric Resources (ASX:MEI).

ShareCafeASX down 0.61% at noon as SVB saga continues by Peter Milios   The collapse of Silicon Valley Bank has caused concern in the US banking and technology industries, reminding investors of the risks they had ignored. Bank stocks have...

ShareCafeStocks of the Hour: NEU, MMI, MEI                    Neuren Pharmaceuticals (ASX:NEU) has announced that they have received an FDA approval for their DAYBUE product, which is the first approved treatment for Rett syndrome. In...

Central banks are buying gold at record levels with holdings now at 50-year highs: Sprott Gold tends to hold its value in times of crisis Central Bank buying ‘extremely’ bullish: Goehring & Rozencwajg They say investors with no perform...

The ASX 200 was up 0.39% and ASX XEC slips 0.42% 10 out of 11 sectors were higher lead by Communications The Real Estate sector was the only one in the red   The ASX 200 was up 0.39% today and the ASX XEC was down 0.42%.  A total of 10 ou...

Gold defends psychologically important US$1800 level and is currently paying ~US$1840/oz Rox Resources up 66% on monster hit outside 3.2Moz Youanmi resource Miners Ramelius (+20%), Resolute (+14%) lead strong week for mining stocks Our Go...

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...

In 2017 punters couldn’t get enough of battery metals or the Pilbara conglomerate gold story But of 2017’s top 40, 15 have since suffered losses of 70% or more; 8 of those have lost 90% or more A handful have won big, including Bellevue Go...

Perseus Mining (ASX:PRU) continues to claim the title of ‘ASX’s Most Consistently Good Gold Producer’ Other ASX miners a mixed bag Gold is currently at a 2-month low of $US1835/oz Our Gold Digger column wraps all the news driving ASX stoc...

Over the past month Stockhead has been keeping you all up to date with as many ASX listed explorers as we can find posting maiden resources in 2023. There will be more as drill rigs strike paydirt and companies run the numbers on their new...

Favoured commodities in January: lithium, followed by gold, nickel, copper and rare earths 5 resources companies made gains of 100% or more Top ASX resources stocks for January: LML, MEI, PMT, C1X  and AMD   A great month for ASX stocks i...

Gold rallies past US1,950/oz on Fedspeak, before falling back below US$1,920/oz on Friday “Bullion traders will need to see disinflation trends remain strong and for the labour market to soften for the bull case to remain in place”: OANDA’...

The S&P ASX 200 rose 7.64%, in its best start to a year ever as global markets rally In a strong start to 2023 the S&P/ASX Emerging Companies index (XEC) rose ~8% in January Graphite explorer Lincoln Minerals soars more than 500% s...

Aussies warned of impending critical chicken meat shortage Data shows food prices rose a staggering 9.4% in Q4 CY2022 Lode Resources laughs all the way to the bank on the back of a 191.67% rise today   I don’t want to alarm anyone unduly,...

The ASX 200 rose up 0.07%,  ASX XEC was up 0.57% Only 6 out of 11 sectors were higher, with Tech leading the way   Earlier today, Elon Musk said this: No change in copper production is required for the transition to sustainable energy. L...

Meteoric’s December pick-up of the high-grade Caldeira rare earth elements (REE) project in Brazil has already worked wonders on the company’s share price. What was a 1.5c stock ahead of the acquisition had become a 6.5c stock by mid-week,...

Australian exploration company Meteoric Resources (ASX:MEI) is preparing to launch a diamond drilling campaign at the Caldeira Rare Earth Element (REE) Project in Brazil. The company says the diamond drilling program slated to begin in abou...

Deal activity in mining is shaping up to be electrified in 2023, as the green energy transition and adoption of mobility electrification creates ever-growing demand for critical and battery metals. While H1 2022 was a robust period for M&am...