Articles On Metals X (ASX:MLX)

Summary The ASX 200 was expected to open higher on Thursday, even as global cues remained weak. The Australian shares were expected to rise amid optimism for commodity prices. The major Wall Street indices closed lower on Wednesday af...

Summary Infratil Ltd announced an agreement to acquire stake in Pacific Radiology Ltd. The conditional agreement was executed to acquire between 50.1 per cent and 60 per cent of Pacific Radiology Group. The transaction is expected to...

Summary Metals X Limited (ASX: MLX) has reduced its production guidance for FY21. The miner’s total production for the quarter suffered a 25% blow, compared with the previous quarter. The company has increased its cash position by the...

The Australian equity markets on Wednesday were trading in green with the benchmark index ASX 200 trading at 7061, having added 27 points by lunchtime and up by 0.39% on Tuesday's closure. The overall market breadth was also positive as 9 o...

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...

Copper prices have surged to US$4.44/lb, the highest since 2011. While ASX mining shares such as Rio Tinto (ASX: RIO) and BHP Group Ltd (ASX: BHP) are diversified producers with copper production, here are the pure copper majors and junior...

The most recognisable director who made a $100k trade in the last fortnight was Maggie Beer who bought into her company’s rights issue. In 2019, her business was bought by Longtable Group (ASX:LON), and the entity was renamed Maggie Beer Ho...

Active restocking by battery manufacturers has sent prices of battery-grade lithium chemicals soaring thanks to tight supplies. Fastmarkets noted that domestic Chinese lithium hydroxide prices climbed 4.1 per cent in a week to between 73,00...

Risk on sentiment has returned to the ASX. The ASX finished 0.78 per cent higher at 6,791 points although it peaked at 6,861 earlier today, which was nearly 2 per cent higher than the day before. The ASX Emerging Companies Index however los...

By 2030, UBS predicts we’ll need a lot of manganese, lithium, cobalt, rare earths, nickel and copper if car makers are to hit some very ambitious production targets. They estimate EV penetration increasing from 4 per cent currently to 20 pe...

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths and vanadium.   Fun fact: There have been a dozen +11-bagger ASX battery metal stocks over the past 12 months. The...

Tin metal prices close to breaking through $US30,000 per tonne ($37,300/tonne) barrier for first time since 2011 ‘Demand for tin has accelerated in recent months’ – International Tin Association Shipping delays, rains in Indonesia, acceler...

With tin prices soaring on to their highest point since 2011 on a supply crunch, Stellar Resources’ (ASX:SRZ) decision to restart exploration at its Heemskirk project in Tasmania seems like a no-brainer. The company was forced to put operat...

Tin metal prices soar to their highest since 2011 on supply crunch ‘Prices increased this year on the back of declining stockpiles and strong industrial demand particularly for semi-conductors and electronics’ – CBA Myanmar military interv...

Metals X has agreed to sell its copper portfolio, including the Nifty copper operation, to Cyprium Metals for a consideration of $60 million. Cyprium will provide a $24 million cash payment on sale completion, and after that $36 million thr...

A week since being unveiled that it was stalking Metals X’s copper assets, small cap explorer Cyprium Metals is getting some cash in the door to fund a deal. 

Summary The Australian benchmark equity index started the last day of the week up 14 points or 0.21 per cent at 6779.50.  In the opening trade, the top-performing stocks were CSR Ltd (up 3.39 per cent) and ARB Corporation Ltd (up 2.24...

ASX-listed mineral explorer Cyprium Metals is in the hunt to acquire tin producer Metals X’s three Western Australian copper assets.

The stock of Metals X Limited (ASX:MLX) traded down by 11.765% to $0.150 on 29 January 2021 (AEDT 12:56 PM) after the Company released its quarterly update for the period ended 31 December 2020. The quarterly activities report highlighted t...

Tin prices are up 59 per cent since their March 2020 nadir to $US21,298 per tonne Working-from-home trend has increased demand for electronics products that use tin Available tin stocks at LME warehouses are down to 730 tonnes   Tin is ha...

BASE metal futures may have been going well in Asia trade but buyer of associated equities weren't too bothered. Leader Metals X is in the process of ...

AusQuest Limited (ASX:AQD) has commenced testing several compelling gold-copper targets at the Gunanya Project in the Paterson region of Western Australia under its Strategic Alliance Agreement with South32. The Gunanya Gold-Copper Project...

Fortescue Metals Group has furthered its commitment to its Paterson Province copper-gold joint venture with Carawine Resources in Western Australia. Fortescue plans to complete a $50,000 drilling campaign in the Eider tenement, located 35 k...

Base metals prices have witnessed a see-saw ride with the market rallying before the COVID-19 outbreak over the ore export ban from Indonesia, prompting base metals such as copper and nickel to test multi-period high. However, with the COV...

TIN producer and failed copper miner Metals X says it is “facilitating final due diligence activities and, if required, FIRB approval” for the sale of its ...

As we have spent the week working through some of the ways to cherry-pick the best gold stocks at a time when share prices are surging, the price of the precious metal has continued to make new all-time highs. We outlined yesterday that the...

Nearly a decade after it first started servicing Western Australia’s civil and mining sectors, Dynamic Drill and Blast Holdings has launched a $5 million initial public offering (IPO) with a view to listing on the Australian Stock Exchange...

Metals X is looking for buyers for its entire Western Australian copper portfolio, including the Nifty, Maroochydore and Paterson exploration projects. The decision followed the completion of Metals X’s copper assets strategic review, which...

Tin, the often-overlooked member of the base metals complex, is back on analysts’ agenda. London-based Capital Economics has just issued a client note entitled A minor star called tin. Reuters has just dubbed it “the most resilient base met...

Metals X has announced a production increase and 10-year mine life extension for the Renison tin operation in Tasmania, where the company has a 50 per cent interest through its Bluestone Mines Tasmania joint venture. Results from Renison’s...

IGO has inked a $7 million agreement with ASX-listed explorer Matsa Resources for the Symons Hill nickel project in the Fraser Range, Western Australia. IGO can spend a minimum of $3.5 million to earn a 70 per cent interest in Symon Hills o...

METALS X is having a back to the future moment of sorts as it sets out salvaging value from its mothballed Nifty copper mine in the Pilbara's northeast, ...

Earnings for the ASX-listed company are expected to be nearly $500 million (on an EBITDA basis), and the 10-year life-of-mine has a net present ...

The Paterson Province’s status as one of the country’s hottest addresses for mineral exploration has been reaffirmed with the signing of another big farm-in agreement and some of the best drilling results to date from the mammoth Havieron g...

Want to know which stocks the fund managers have been putting their money in (and out) of? We’ve been keeping track so you don’t have to. Trading Places is Stockhead’s recap of substantial holder movements among ASX small caps in the last f...

Special Report: Blackham Resources now has plenty of cash in the bank, no debt, a highly skilled new management team and a clear plan to leverage the Wiluna gold operation’s multi-million-ounce potential. The new team behind Blackham Resou...

Copper prices are under pressure over the demand concerns raised by recent events across the globe. The World Health Organization has characterised the COVID-19 as a pandemic, while the United States has banned travellers from entering into...

... prices or an upgrade to the resource base; Given the news of the expanded resource base, it's uncertain whether MLX will restart mining operations, ...

AS TIN miner Metals X continues to work out what best to do with its copper business, resources at the shuttered Nifty operation in Western Australia ...

IN today's Mining Briefs: Tin boost for Metals X; Lepidico grows Namibia deposits; Staveley extends southern strike; Vango hits more gold; Arrow ...

Metals X will explore “various options” for its copper assets, including joint ventures, partial or complete divestment of some or all assets, in a strategic review. The company has appointed Canaccord Genuity and Hartleys as joint financia...

IN today's Mining Briefs: Metals X gets Nifty help; Chinese joins Black Rock; Bardoc sees promise at Kanowna Star; Matsa confirms Devon at depths; ...

Investment bank Lazard believes shareholder activism is going to become more rife in future. Shareholder activism occurs when existing shareholders publically attempt to influence a company’s behaviour. To meet the criteria they have to be...

Shares overcame an early wobble to resume their push towards all-time highs. The ASX 200 dipped 14 points mid-morning before advancing to a mid-session gain of eight points or 0.1 per cent at 6855. The advance brought the index within a...

Metals X (MLX) has provided updates on recent activities at its Nifty Copper Project and Renison Tin Project Care and maintenance implementation is proceeding as planned at Nifty, with roughly 85 per cent of the 290 staff now off-site Pr...

THE new board in charge at Metals X is looking to undertake a capital raising in the first half of next year after reducing production guidance for the ...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

The volatility in share prices of a company could come from internal as well as external factors. As for the mining sector, the commodity market dynamics and the factors intrinsic to the company’s operational and management activities drive...

THE closure of the Western Australia's copper mine has seen a complete cleanout of the Metals X board, with disgruntled substantial shareholder ...

03 Dec 2019 - Metals X (ASX: MLX) Chairman Mr Simon Heggen has resigned as a director of the company.