Articles On Metro Mining (ASX:MMI)

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...

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...

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....

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,...

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...

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...

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,...

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...

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...

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...

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...

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

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...

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...

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

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...

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...

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...

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...

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)...

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...

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...

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...

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...

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 (+...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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).

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...

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’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...

The benchmark looks like it’s been working hard, but really not much has changed Turaco Gold hits solid results, goes up $0.01 (which is actually 17.2%, so that’s a good thing) I don’t know why there has to be 3 bullet points. When I was a...

Metro Mining (ASX:MMI) has decided to cease the operating season at the Bauxite Hills Mine due to the closing in of a significant weather system on the Gulf of Carpentaria. The significant weather system has resulted in forecasted strong no...

The ASX 200 trims gains to end circa 0.3% higher Small caps drop 0.2%, but C29 Metals booms China markets still choppy after political appointments   The big show, if balancing books and picking pre-chosen soundbytes is your thing, begins...

Poor weather conditions have affected the financial performance of yet another miner, with Metro Mining recording a loss for the half-year of $29.4 million. The company attributed the financial performance to operational and seasonal factor...

Metro Mining has received binding commitments for a $18.9 million two–tranche placement, at 2 cents per share, and a $6.5 million loan conversion. Capital raised under the placement will be primarily applied to further growth, as the compan...

Small cap index up 3% ASX 200 is up 1% Wall Street jumps as The Fed asks how high The ASX 200 is up 1% and the Emerging Companies (XEC) index is about 3% higher and the wee buy now pay later’s are the heroes of the dish. But first…   Over...

ASX 200 is up 0.2% and the XEC is down -0.2% Tension stateside ahead of FOMC decision, EU markets to start flat CPI at 6.1% is better than feared but enough to move the RBA next Tuesday And a crack team of small caps broke out of the ordin...

Bauxite miner Metro Mining is after $20 million at 2¢ a share, in a placement via Shaw and Partners and Petra Capital on Wednesday morning. 

Turnaround bauxite miner Metro Mining Ltd (ASX.MMI) is proposing to raise approximately A$20 million by way of a placement of new ordinary fully paid shares at $0.02 per ... Read More

ASX tracking well to end the week on a mellow big green high Energy and Materials claw back this week’s sadface-inducing losses Battery metals firmly back on the shopping list with TNG leading the charge It’s been happier times for Austra...