Articles On Meteoric Resources (ASX:MEI)

The USD’s status as the world’s reserve currency is under attack: Goehring & Rozencwajg This could be a rocket under the price of gold, most trusted store of value across the globe for over 3,000 years Weekly Small Cap Standouts: Iceni...

ShareCafeThe Week that Was: May 29-June 2, 2023 We at ShareCafe understand you are busy and may not have been left with enough time to keep up with the quality content we’ve been bringing you throughout the week. To make it easier to do so,...

Perspectives on key demand drivers and their implications for PGM demand are diverging Biggest demand sector for PGMs is auto catalysts in car exhausts which are being phased out by EVs Producers relying on an emergent hydrogen economy to...

ShareCafeThe World’s Highest-Grade Ionic Clay Dr Andrew Tunks, Executive Chairman of Meteoric Resources (ASX:MEI), provides an update on the company’s progress, discussing its transition from gold to rare earths, the advantages of ionic cl...

It’s fair to say that the Syrah Resources Ltd (ASX: SYR) share price hasn’t had the easiest of years in 2023 so far. This ASX graphite share started the year at just over $2 a share. But today, Syrah Resources shares are at just 90 cents e...

ASX rare earths share Meteoric Resources NL (ASX: MEI) has skyrocketed in 2023, but what could be ahead for the explorer? The Meteoric Resources share price has surged 281% from 5.3 cents at market close on 30 December to its current sha...

I was chatting to a family member on the weekend. He was telling me about a mate of his who went to see a financial planner. The mate had his Super invested through an industry fund, AustralianSuper. And the planner’s advice? “You shou...

In high inflation and economically uncertain times, ASX mining shares continue to hold their own. However, after more than a year of outperformance, all the usual names are already pretty popular. To get you thinking outside the square, he...

It’s been a tough start to the trading week so far for ASX shares and the S&P/ASX 200 Index (ASX: XJO). At the time of writing, the ASX 200 has slipped by 0.15%, putting the Index at under 7,250 points. But what about the share price o...

Gold sold off violently from highs in 2020 and 2022, but is holding its ground in 2023 “An important bullish signal for gold could be a weekly close above US$2035, the highest close in history”: FxPro Weekly ASX small cap standouts: Chesse...

A key measure of a company’s performance is its net profit margin or its ‘bottom line’. It’s called the bottom line because it’s the final number on a company’s income statement. The net profit is the total of all the company’s income fr...

Rare earths explorer Meteoric Resources (ASX:MEI) is working its way towards a major aircore (AC) drilling program at the Caldeira Rare Earth Element (REE) Project in Minas Gerais, Brazil. The company reports the 100,000m AC drilling progra...

Macquarie Group Ltd (ASX: MQG) shares fell again on Monday. The investment bank’s shares dropped over 2% to close the day at $173.50. Investors have been selling Macquarie shares since the release of its full-year results last week. Are...

The S&P/ASX 200 Index (ASX: XJO) has started the week in a positive fashion. In afternoon trade, the benchmark index is up 0.7% to 7,270.8 points. Four ASX shares that have failed to follow the market higher today are listed below. Her...

Warren Buffett and Berkshire Hathaway co-founder Charlie Munger were in the spotlight on Saturday. The two legendary investors, both in their 90s, didn’t miss a beat at Berkshire Hathaway’s annual general meeting. The event was attende...

Two ASX mining shares have delivered investors more than 10-bagger gains over the past year. And that’s during a 12-month period that’s seen the All Ordinaries Index (ASX: XAO) fall by 3%. The mining stocks in question are the aptly n...

ASX miners adding to hedge books at prices up to A$3200/oz – well above record highs Heavy hedging a vestige of times past due to losses suffered in the late 90s, early 2000s Regis Resources still has 145,000oz of legacy hedges at frighten...

ShareCafe8 of 12 sectors in the black as ASX closes 0.35% higher by Peter Milios   At the closing bell, the S&P/ASX 200 was 0.35 per cent higher at 7,334.60, as investors await the Reserve Bank’s decision on the official cash rate. On W...

The benchmark kicked off well at +0.8% before deflating to finish on +0.4% Utilities (+1.21%)win the day, while InfoTech (-1.20%) takes a body blow. Lincoln Minerals (ASX:LML) tops the charts, up 36% for absolutely no reason at all.   Loc...

Australian exploration company Meteoric Resources (ASX:MEI) today reports  its Caldeira Project in Brazil is the world’s highest grade ionic adsorption clay rare earth element (REE) deposit. Speaking to Mining.com.au, Meteoric Resources Exe...

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...

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...