Articles On Metro Mining (ASX:MMI)

Title Source Codes Date
Ikamba expansion paying dividends for Metro Mining

Metro Mining (ASX:MMI) says the mobilisation and commissioning of the offshore floating terminal (OFT) Ikamba has helped the company to achieve record Q2 results.  Mining, screening, barge loading, and transhipping demonstrated rates of...

Mining.com.au MMI 1 day ago
Why is the Arafura share price crashing 13% today?

The Arafura Rare Earths Ltd (ASX: ARU) share price has returned to trade with a thud on Thursday. In morning trade, the rare earths developer's shares are down 13% to 16.5 cents. Why is the Arafura share price crashing? The catalyst for thi...

Motley Fool MMI 2 days ago
Metro Mining to spruik Bauxite Hills expansion at Noosa conference

Metro Mining (ASX:MMI) will be at the Noosa Mining Investment Conference in Queensland this week to spruik the continued ramp-up of its Bauxite Hills Mine north of Weipa. Mining at the 1,900km2 project began in April 2018, with 2 million...

Mining.com.au MMI 1 week ago
Rocking the Earth: How maestros of mining are making music

“I’m on the way to the promised land, I’m on the highway to hell, highway to hell.” In the renowned lyrics of Aussie rock band AC/DC’s 1979 ‘Highway to Hell’, the very materials needed to build that highway — concrete, crushed limestone,...

Mining.com.au MMI 2 weeks ago
What happened with the Woodside share price in FY 2024?

The Woodside Energy Group Ltd (ASX: WDS) share price had a tough run in the financial year just past. Shares in the S&P/ASX 200 Index (ASX: XJO) oil and gas stock closed out FY 2023 trading for $34.44. On 28 June, the final trading d...

Motley Fool MMI 2 weeks ago
FY24 Resources Winners: REEs, niobium and gold explorers vie for the podium

Rare earths hunters in Brazil make huge gains in FY24 and niobium juniors ride WA1 Resources’ Luni euphoria, but a scandium junior steals top spot Wildcat and Raiden rise to the top of an average lithium market Spartan soars on Never Never...

Stockhead MMI 2 weeks ago
Why Clinuvel, Guzman y Gomez, Magellan, and Sandfire shares are charging higher

The S&P/ASX 200 Index (ASX: XJO) appears to have run out of steam on Friday. In afternoon trade, the benchmark index is down slightly to 7,824 points. Four ASX shares that are not letting that hold them back today are listed below. He...

Motley Fool MMI 3 weeks ago
Santos share price goes red as takeover rumours turn into hot air

The Santos Ltd (ASX: STO) share price is pushing lower on Friday and is currently trading less than 1% down at $7.68 apiece. This move follows a sharp decline from the weekly high of $8.16 per share on Thursday, as speculation mounted th...

Motley Fool MMI 3 weeks ago
Up 15% in a month: Are Magellan shares still cheap enough to buy?

Magellan Financial Group Ltd (ASX: MFG) shares have been in focus lately, with the stock trading a whopping 15.3% higher over the past month. Shares in the formerly embattled fund manager are currently swapping hands at $9.55 per share,...

Motley Fool MMI 3 weeks ago
Noosa Conference: Milling and meetings for the mining milieu

Nestled along Queensland’s breathtaking Sunshine Coast, Noosa is a stunning destination with captivating charm, celebrated for its pristine beaches, chic style, suave dining hubs, and exclusive events. One such event is the Noosa Mining...

Mining.com.au MMI 3 weeks ago
Here are the top 10 ASX 200 shares today

It was a rip-roaring day of trade for the S&P/ASX 200 Index (ASX: XJO) and most ASX shares this Thursday. After a rough start to the week, the ASX 200 seemed to be maki...

Motley Fool MMI 3 weeks ago
When $25 for board was daylight robbery

Women talk. But are we talking about the right things? Growing up in the 80s (I'm showing my age) my family didn't talk about finance, budgets or mortgages – I wish we had.  I finished school with no responsibilities. I had no outgoings...

Motley Fool MMI 3 weeks ago
Why Arafura Rare Earths, Magellan, Metro Mining, and Santos shares are racing higher

The S&P/ASX 200 Index (ASX: XJO) is on form again and having a strong session on Thursday. In afternoon trade, the benchmark index is up a solid 1% to 7,816.4 points. Four ASX shares that are rising more than most today are listed belo...

Motley Fool MMI 3 weeks ago
Inflows: Magellan shares spike 7% as institutions pile in

Magellan Financial Group Ltd (ASX: MFG) shares have surged by 7% on Thursday and are currently swapping hands at $9.12 per share at the time of writing. The spike follows an update on the company's funds under management (FUM) for June....

Motley Fool MMI 3 weeks ago
Santos share price smashing the benchmark amid new takeover rumours

The Santos Ltd (ASX: STO) share price is racing higher today. Shares in the S&P/ASX 200 Index (ASX: XJO) energy stock closed yesterday trading for $7.68. In late morning trade on Thursday, shares are swapping hands for $8.16 apiece,...

Motley Fool MMI 3 weeks ago
Metro Mining achieves new record shipment for Q2

Metro Mining (ASX:MMI) has achieved a new second quarter shipment record of 1.42 million wet metric tonnes of bauxite, up 12% from Q2 2023.  The $302.92 million market capitalisation company says the second quarter of this year has been...

Mining.com.au MMI 3 weeks ago
Australia’s GDP growth ‘weak in March’

Australia’s gross domestic product (GDP) rose 0.1% in Q1 2024 and 1.1% since March 2023, according to figures released by the Australian Bureau of Statistics (ABS) today (5 June 2024).  ABS Head of National Accounts Katherine Keenan says...

Mining.com.au MMI 1 month ago
World Environment Day: Mining for a Greener Future

On this day 52 years ago, one of the largest global platforms for environmental outreach was established — World Environment Day.  World Environment Day, led by the United Nations Environment Programme, is celebrated annually on 5 June,...

Mining.com.au MMI 1 month ago
Closing Bell: Miners, Energy stocks sink ASX; Nanovue up 60pc on EyeFly3D deal

ASX down by -0.5pc, weekly loss surpasses 2pc Mining, Energy stocks main laggards today Asian stocks also decline, North Korea fires ballistic missiles   The ASX200 index has dipped lower by -0.5% on Thursday, taking its weekly loss to mo...

Stockhead MMI 1 month ago
Metro Mining beats $4 million share purchase plan target

Junior bauxite miner Metro Mining (ASX:MMI) has received subscriptions for $6.6 million under its latest share purchase plan (SPP), which was targeting $4 million.  The SPP, which closed on 24 May, follows a $40 million placement to dome...

Mining.com.au MMI 1 month ago
Metro Mining Chair reflects on hurdles overcome

Metro Mining (ASX:MMI) non-Executive Chair Douglas Ritchie revisited some of the challenges faced by the bauxite producer over the past few years at today’s (21 May) annual general meeting, but pointed to 2023 as a “pivotal year for the tra...

Mining.com.au MMI 2 months ago
Metro locks in commitments for $40 million placement

Metro Mining (ASX:MMI) has tapped domestic and international institutional investors for $40 million, receiving binding commitments to raise the cash via a placement.  Shaw and Partners acted as sole lead manager and bookrunner to the pl...

Mining.com.au MMI 2 months ago
Shaw and Partners Lead Manager to Metro Mining's capital raising

Shaw and Partners is delighted to be Lead Managing Metro Mining Ltd (ASX:MMI)’s $44m raising to restructure its junior debt profile, accelerate the re-finance of its seni... Read More

Shaws MMI 2 months ago
ASX February winners: The best 50 stocks as a ‘super-heroic small cap’ soars 322%

S&P/ASX 200 rose 0.8% in February with Large Cap S&P/ASX 50 underperforming Midcap and Small Ordinaries Tech sector was the big winner up 19% in February as energy and materials sector slumped  Nyrada soars after preclinical study...

Stockhead MMI 4 months ago
FNArena Corporate Results Monitor – 01-03-2024

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((AGI)) - Ainsworth Game Technology ((ART)) - Airtasker ((ALX)) - Atlas Arteria ((AFG)) - Australian Finance Group ((CAJ)) - Capitol Health ((CLU)) - Cluey ((DOC)) - Docto...

FNArena MMI 4 months ago
Record bauxite production for Metro Mining

Metro Mining has produced four million tonnes (Mt) of bauxite at its Bauxite Hills mine, a record for the company. The BauxiteRead MoreAustralian Mining.

Australian Mining MMI 8 months ago
Metro Mining hits record production and sales milestone

Australia’s only pure play bauxite producer Metro Mining (ASX:MMI) on 20 November 2023, achieved a calendar year record production and sales milestone its Bauxite Hills Mine. Chief Executive Officer and Managing Director Simon Wensley sa...

Mining.com.au MMI 8 months ago
Metro Mining dedicates September quarter to ‘record’ shipments and ‘strong’ earnings

Metro Mining (ASX:MMI) has dedicated the September quarter to delivering ‘record’ shipments and generating ‘strong’ EBITDA as it continues to ramp up its Bauxite Hills Mine in Queensland.  The $74.2 million market capitalisation company...

Mining.com.au MMI 9 months ago
Metro Mining hones in on China’s ‘huge push to low carbon economy’

Metro Mining’s (ASX:MMI) CEO and Managing Director Simon Wensley was recently in China to meet with the company’s existing customers to talk about the future. He says the global aluminium industry is in a time of change, but also a time of...

Mining.com.au MMI 10 months ago
Metro Mining hones in on China’s ‘huge push to low carbon economy’

Metro Mining’s (ASX:MMI) CEO and Managing Director Simon Wensley was recently in China to meet with the company’s existing customers to talk about the future. He tells Mining.com..au that the global aluminium industry is in a time of change...

Mining.com.au MMI 10 months ago
FNArena Corporate Results Monitor – 04-09-2023

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((AMX)) - Aerometrex ((ART)) - Airtasker ((BBT)) - BlueBet Holdings ((CMW)) - Cromwell Property ((DTC)) - Damstra Holdings ((GHY)) - Gold Hydrogen ((IMM)) - Immutep ((LVH)...

FNArena MMI 10 months ago
Metro Mining bolsters balance sheet and delivers record shipments in Q2 from Bauxite Hills Mine

Metro Mining (ASX:MMI) has almost doubled its cash at hand to $20.2 million over the past quarter, during a period in which it delivered record shipments of 1.3 million wet metric tonnes from its Bauxite Hills Mine in Queensland.  The compa...

Mining.com.au MMI 1 year ago
Metro Mining develops ‘reflect reconciliation action plan’ as part of bauxite mine ESG process

Metro Mining (ASX:MMI) announces in its latest quarterly report that it has taken on an integrated approach to sustainability and environment, social, and governance (ESG) through a range of activities.  During the quarter, the $109.13 mill...

Mining.com.au MMI 1 year ago
Metro Mining on track to complete 75% expansion of Bauxite Hills Mine in early 2024

Australia’s only listed pure bauxite producer Metro Mining (ASX:MMI) is poised to complete the 75% expansion of its Bauxite Hills Mine in Queensland in early 2024. In May 2023, the $100.36 million market capitalisation company made a final...

Mining.com.au MMI 1 year ago
CLOSING BELL: Hump Day is Slump Day yet again, as the ASX drops another 0.46%

After a shaky start, the benchmark improved but still lost ground overall InfoTech did well to add 1.04%, but MAterials, Financials and Staples all weighed Standout winner was Rhythm Biosciences, up 88.6% on massive milestone news   Today...

Stockhead MMI 1 year ago
Who Made the Gains? Here are the top 50 ASX miners and explorers for April

Favoured commodities in April: gold, lithium, rare earths 3 resources companies made gains of 100% or more Top ASX resources stocks for April: Western Mines, Larvotto, Besra   April was an okay month if you were invested in the ASX 200 (+...

Stockhead MMI 1 year ago
Metro Mining (ASX:MMI) – Webinar Presentation

ShareCafeMetro Mining (ASX:MMI) – Webinar Presentation Simon Wensley – CEO & Managing Director – Metro Mining operates a large bauxite mine in Weipa and plans to expand production, while also contributing to the economy of Cape York an...

ShareCafe MMI 1 year ago
Market Highlights: US inflation cools, plans for 10x increase in EV sales, and 5 ASX small caps to watch today

Wall Street fell after report shows US inflation cooled in March US plans to increase EV car sales tenfold by 2032 Expert says go long gold, BTC, and ETH   The ASX is set to open flattish on Thursday after a modest selloff in New York fol...

Stockhead MMI 1 year ago
CLOSING BELL: $368bn AUKUS subs ‘worst deal in history’ says Paul ‘22% mortgage rates’ Keating

The ASX bounced back from the week’s drama to close up by 0.86% The XEC Emerging Companies Index closed 1.26% higher because it’s young and needed the money Former PM Paul Keating kicks a glorious own goal at the Australian Press Club   H...

Stockhead MMI 1 year ago
Tech and Financials drag ASX 0.5% lower at the close

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...

ShareCafe MMI 1 year ago
Stocks of the Hour: Neuren Pharmaceuticals, Metro Mining, Meteoric Resources

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).

FNN MMI 1 year ago
ASX down 0.61% at noon as SVB saga continues

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...

ShareCafe MMI 1 year ago
Stocks of the Hour: NEU, MMI, MEI

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...

ShareCafe MMI 1 year ago
Top 10 at 10: The ASX stocks laughing all the way to the bank early trade Monday

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 MMI 1 year ago
ASX closes 0.49% higher as RBA lifts rates by 25 basis points

ShareCafeASX closes 0.49% higher as RBA lifts rates by 25 basis points by Peter Milios   At its monthly board meeting today, the RBA board raised the rates by 0.25 percentage points to 3.6 per cent. The Reserve Bank plans to implement at le...

ShareCafe MMI 1 year ago
ASX down 0.12% at noon as investors await RBA decision

ShareCafeASX down 0.12% at noon as investors await RBA decision by Peter Milios   Australia’s share market is trading slightly weaker ahead of the Reserve Bank of Australia’s decision. At noon, the S&P/ASX 200 is 0.12 per cent lower at...

ShareCafe MMI 1 year ago
Stocks of the Hour: DRO, SYA, 5GG, MMI

ShareCafeStocks of the Hour: DRO, SYA, 5GG, MMI                    DroneShield (ASX:DRO) has successfully completed its Share Purchase Plan (SPP) after raising $29.4 million from its existing shareholders at an issue price of $0.30 pe...

ShareCafe MMI 1 year ago
Stocks of the Hour: DroneShield, Sayona Mining, Pentanet, Metro Mining

07 Mar 2023 - A snapshot of the stocks on the move featuring DroneShield (ASX:DRO), Sayona Mining (ASX:SYA), Pentanet (ASX:5GG) and Metro Mining (ASX:MMI).

FNN MMI 1 year ago
CLOSING BELL: Back from the dead, the ASX delivers in a George A Romero slow-zombie classic

The ASX got an Data Nerd Bailout when the ABS dropped happy-ish CPI data The benchmark recovers from early flesh wounds to end the day flat Ordinary Aussies ‘outraged’ over changes to super that will never, ever affect them The market has...

Stockhead MMI 1 year ago
Closing Bell: ASX holds steady, Falcon flies on high grade gold hits

The ASX 200 was unchanged  The ASX XEC slips 0.38% 8 out of 11 sectors were higher lead by Information Technology   The ASX 200 was unchanged today and the ASX XEC was down 0.38%.  The index has lost 0.98% for the last five days, but sit...

Stockhead MMI 1 year ago