Articles On Minrex Resources (ASX:MRR)

Title Source Codes Date
Minrex Resources (ASX:MRR) hits 11.86g/t gold at Queenslander

Minrex Resources (MRR) intersects up to 11.86g/t gold from its first pass reverse circulation drilling program at the Queenslander Gold Prospect in NSW From October to November, seven reverse circulation holes were drilled to test the hist...

themarketherald.com.au MRR 2 days ago
MinRex strikes gold on first swing at Queenslander

MinRex has good reasons to be happy with first ever drilling at the historic Queenslander prospect in New South Wales, making direct hits upon thick, high-grade mineralisation. The results speak for themselves: 23m grading 5.08 grams per to...

Stockhead MRR 2 days ago
Gold Digger: Solar, electric vehicle demand could push silver market into long term deficit

Global silver demand hit ~1.02 billion ounces in 2021, the first time it has breached 1 billion since 2015, according to the Silver Institute. Of that, industrial demand hit a new high of 524 million ounces. And of that, photovoltaic (solar...

Stockhead MRR 1 week ago
Hot Money Monday: Lithium and graphite stocks fire up as the clean energy theme roars into 2022

Welcome back to Hot Money – 2022 edition. The weekly Stockhead article recaps ASX stocks that are “running hot” as deduced by the Relative Strength Index (RSI). The RSI is a technical gauge which measures how trading momentum is affecting t...

Stockhead MRR 2 weeks ago
Closing Bell: ASX drops but energy maintains the gains

The ASX is down -0.3% today with the information technology sector taking the cake for the biggest dip at ~3%, followed by the healthcare sector at more than 1.5%. The ASX Emerging Companies Index (XEC) has flatlined. For the second day in...

Stockhead MRR 3 weeks ago
Closing Bell: Energy and Mining sectors lead the pack on first trading day for 2022

The benchmark ASX 200 was up by 2% on the first day of trading in 2022. The ASX Emerging Companies Index (XEC) also rose in step, up by 1.6%. All eleven ASX sectors finished higher, with the energy and mining sectors leading the pack. In en...

Stockhead MRR 3 weeks ago
Gold Digger: JP Morgan reckons gold’s gonna take a dive to $1,520/oz by Q4

Gold is holding steady above US$1,800/oz – currently trading at US$1816.60. Some players are confident the gold market will trend net positive next year as the market digests the reality of the past 24 months. But commodity analysts at J.P....

Stockhead MRR 3 weeks ago
Gold Digger: Gold bulls are out in force, but expect turbulence

With gold spending most of the past week hovering around the US$1,800/oz (A$2,485/oz) mark, speculation has turned away from whether the precious metal can hold its gains to asking if it can test hit the US$1,850/oz mark. Gold is currently...

Stockhead MRR 1 month ago
MinRex reels in the cash to fund lithium exploration on new Pilbara Projects

Funds raised through the private placement will also be spent towards exploration within its existing WA and NSW gold-silver-base metal projects. MinRex Resources’ has secured some $3m of private placements to fund exploration on four new...

Stockhead MRR 1 month ago
MinRex Resources (ASX:MRR) completes $3m Placement

MinRex Resources (MRR) receives binding commitments to raise $3 million via a private placement Under the placement, more than 93 million shares will be issued at a price of $0.032 each Funds raised through the placement will go towards ex...

themarketherald.com.au MRR 1 month ago
Closing Bell: ASX trades flat as two battery metal stocks return from ASX purgatory

Resources stocks Quantum Graphite (ASX:QGL) and Altura Mining (ASX:AJM) were reinstated after being suspended for several months and had contrasting fates. Quantum Graphite, which has the ‘Uley’ graphite prokect in South Australia, more tha...

Stockhead MRR 1 month ago
Closing Bell: Energy, resources and property lead the ASX as ‘Santa rally’ appears on track

The so-called ‘Santa Claus Rally’ appears to be happening again this year with the ASX notching another positive day. The ASX 200 closed at 7,379 points which was 0.35% higher than Friday, following on from a 1.6% gain last week and positiv...

Stockhead MRR 1 month ago
MinRex Resources (ASX:MRR) halts trade following project acquisition

MinRex Resources (MRR) places its shares in a trading halt pending an announcement regarding an upcoming capital raising The company’s shares will remain halted until the earlier of December 15 or when the announcement is made In late Nove...

themarketherald.com.au MRR 1 month ago
Gold Digger: Early 2022 gold rally could turn sour mid-year

It’s been fairly choppy for precious metals this year, with economic recovery, rising nominal yields and the potential for rate hikes dampening investors’ appetite for gold. But on the flip side, new virus variants, fears of stagflation and...

Stockhead MRR 1 month ago
Gold Digger: An inflationary bomb is about to go off. It’s time to prepare for the next gold bull market

US Fed chair Jerome Powell finally admitted that inflationary pressures weren’t going to be as sh­­ort-lived as perhaps expected. Earlier this week Powell surprised markets by suggesting it would be appropriate to drop the phrase “inflation...

Stockhead MRR 1 month ago
November Winners: ASX investors were spooked by Omicron, but wooed by Julimar, hydrogen and the metaverse

For the second month in a row the ASX was hit by a major sell-off in the last few days of the month and it took the bourse from what was then a 0.5% gain to a 1.56% loss in November. Just when we thought we were out of the worst of COVID, w...

Stockhead MRR 1 month ago
Closing Bell: Lithium debut goes up, health stock debut gets smashed

The ASX returned to positive territory today as investors began to shrug off fears of the omicron variant, but the bourse is still well below levels seen last week. While utilities lost over 1%, most other sectors gained with telcos being t...

Stockhead MRR 1 month ago
Minrex Resources (ASX:MRR) share price jolts 60% in a week. Here’s why

Shares in mineral exploration company Minrex Resources Ltd (ASX: MRR) are soaring in Tuesday’s session and now trade 18% higher at 3.2 cents apiece. That marks a single year high for the company after it took off last week and has jumped...

Motley Fool MRR 1 month ago
90 Seconds With… George Karageorge, MinRex (ASX:MRR)

Got 90 seconds? Then listen to Non-Executive Director, George Karageorge tell us about their company news. MinRex Resources Limited (ASX: MRR) is an exploration company, listed on the Australian Securities Exchange, with its present focus b...

Stockhead MRR 1 month ago
10 at 10: These ASX stocks have found their place at the top of the market this morning

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...

Stockhead MRR 1 month ago
Closing Bell: ASX makes up lost ground, still finishes 0.54% down

ASX recovered some lost ground in arvo trade but still finished 0.54% down, as markets continue to be shaken by the discovery of the omicron variant of COVID-19 and falling oil prices. Resources and tech managed to finish in the green – by...

Stockhead MRR 1 month ago
Resources Top 5: Revamped explorer hits visible gold, hires former Northern Star geology boss as chief mine finder

Lithium minnow MinRex added to Garimpeiro’s imaginary, high-performing five-stock portfolio Labyrinth hits visible gold, hires former Northern Star geology boss Scorpion (gold, iron ore, nickel-copper, PGEs), Brockman (iron ore) and Kaili...

Stockhead MRR 1 month ago
Barry FitzGerald: Time to refresh Garimpeiro’s imaginary, high-performing five-stock portfolio

Garimpeiro headed out of lockdown during the week to catch up with some mining-types for lunch. The idea was to hit them up for some ideas about junior mining stocks to watch in the next six months. Garimpeiro thinks they had some good idea...

Stockhead MRR 1 month ago
Gold Digger: Gold’s renaissance was short-lived. Have prices bottomed out?

Following a 7.6% surge from late September, the price of gold briefly hit five-month highs of ~$US1,872/oz on fears that current high inflation levels are more than ‘transitional’. Gold is an ‘inflation hedge’; an investment that ostensibly...

Stockhead MRR 2 months ago
MinRex Resources (ASX:MRR) to acquire seven WA lithium projects

MinRex Resources (MRR) enters a binding term sheet with Abeh Pty Ltd and Maxwell Strindberg to acquire seven exploration licences in Western Australia These acquisitions represent a major step in MinRex’s plan to become an emerging lithium...

themarketherald.com.au MRR 2 months ago
MinRex is chasing its lithium dream with new Pilbara ground

Lithium demand is growing and MinRex is clearly keen to catch the wave as it surges by acquiring more lithium projects in Western Australia’s Pilbara region. The company has acquired four exploration licences and the lithium rights for a fu...

Stockhead MRR 2 months ago
10 at 10: These ASX stocks are soaring to new highs this morning

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...

Stockhead MRR 2 months ago
Closing Bell: Tech down but energy and Jerome Powell’s reappointment lifts ASX

The Australian bourse recouped most of yesterday’s losses despite tech stocks dropping again, this time by 3.49%. The ASX 200 rose 0.78%, closing at 7,411 points, with the gains driven by the resources and energy sectors, which gained 2.3%...

Stockhead MRR 2 months ago
Gold Digger: These cheap gold stocks might not last long

Following a 7.6% surge from late September, the price of gold is now sitting ~$US1,860/oz for the first time since June. The Aussie price is looking even better, which is great news for our local producers: USD (dark) and AUD (light) gold p...

Stockhead MRR 2 months ago
Resources Top 5: More lithium projects snapped up as ‘price rally reboot’ approaches

Askari Metals pegs the ‘Red Peak’ and ‘Mt Deverell’ lithium projects in WA MinRex Resources also expanding its lithium portfolio, picking up at least 4 projects in the Pilbara Mark Creasy backed Galileo Mining could be scratching the surfa...

Stockhead MRR 2 months ago
Closing Bell: Stocks retreat, despite one of the best ASX IPO debuts of 2021

The hot debut of Evolution Energy Minerals (ASX:EV1) was not enough to save the ASX resources sector from falling today. The ASX 200 finished 0.67% down at 7,420 points. All sectors were down except tech, which gained 0.18%. In contrast, mo...

Stockhead MRR 2 months ago
Closing Bell: Gold stocks catch a bid, and another green hydrogen play surges 300% in a week

The ASX posted steady gains to start the week on Monday, with investors preferences leaning towards tech/consumer stocks and gold (unusual bedfellows) at the expense of the big banks and iron ore majors. Companies that specialise in the pre...

Stockhead MRR 2 months ago
Gold Digger: Prices lift off on growing inflation

Growing concerns about inflation could send gold prices soaring back above the US$2,000 ($2,746) an ounce mark it last reached back in 2020. Prices of the precious metal have already been rising steadily over the past fortnight, up some 3.7...

Stockhead MRR 2 months ago
Gold Digger: A global carbon tax could hit gold stocks right where it hurts

A global carbon taxation regime could slash gold miner profit margins by up to 45% unless an effort is made to reduce greenhouse gas emissions, Metals Focus says. Some countries, such as Canada and Sweden, already impose carbon taxes and th...

Stockhead MRR 2 months ago
Gold Digger: Ounce-hungry gold miners investing big $$ in M&A, new developments

The gold price may be in a holding pattern at ~$US1,800/oz, but Aussie gold miners continue to throw piles of cash at acquisitions and new developments. Westgold (ASX:WGX) looks increasingly likely  to hoover up struggling producer Gascoyne...

Stockhead MRR 2 months ago
Gold Digger: Two charts that show how undervalued gold stocks really are

Gold stocks are cheap, experts keep saying. Well-known analyst Jesse Felder has now demonstrated the “pathetic performance” of the US gold majors in handy chart form. The US listed BANG stocks (Felder’s play on FANG) include gold giants Bar...

Stockhead MRR 3 months ago
Gold Digger: This large Russian gold mine will have its own nuclear power plant

The +9Moz, ~350,000ozpa ‘Kyuchus’ field will be one of Russia’s biggest gold mining projects. Kyuchus was first discovered in 1963, but its isolation in the harsh Arctic climate of the Yakutia region has, so far, stymied numerous developmen...

Stockhead MRR 3 months ago
Gold Digger: Gold M&A is heating up. Which junior is the next takeover target?

Investors want to see gold miners wisely grow their production profile. Not like miners did during the last cycle, when some irrational, highly priced M&A action destroyed significant wealth. The big gold miners have a “lousy recent his...

Stockhead MRR 3 months ago
Gold Digger: Gold is back on the menu amidst market chaos

There is a lot of uncertainty in the market due to tensions in China, rising interest rates and continuing economic recovery of the global COVID-19 pandemic, with investors fleeing for safe havens to park their cash in. Safe havens like gol...

Stockhead MRR 3 months ago
Gold Digger: Are ASX large cap gold stocks a screaming buy?

The valuations of major gold miners remain weak despite falling debt and record dividends, according to the latest Metals Focus Gold Peer Group Analysis. Australia’s largest gold miners Newcrest (ASX:NCM), Northern Star (ASX:NST), and Evolu...

Stockhead MRR 4 months ago
Gold Digger: Where do we go from here?

It’s been a frustrating few months for gold bulls. As an investment hedge, gold shines during periods of poor or volatile market sentiment. It loves drama like pandemics, civil wars, or the unprecedented failure of the Lehman Brothers in 20...

Stockhead MRR 4 months ago
MinRex gets another dose of sunshine at Sunny Corner

MinRex has signed formal farm-in and joint venture agreements covering part of the Sunny Corner polymetallic project in New South Wales’ Lachlan Fold Belt. Under the agreement, the company has the right to earn 90% in the exploration area o...

Stockhead MRR 4 months ago
MinRex is gearing up to advance Daltons exploration

MinRex is preparing to carry out ground reconnaissance and exploration programs at its Daltons gold-silver-copper project after completing a review of previous work. The report underscored the project’s potential to host substantial amounts...

Stockhead MRR 4 months ago
Gold Digger: Is sentiment slowly returning to the gold space?

Gold continues to consolidate around $US1,800/oz which, if we went back in time to July 2020, would be cause for celebration. Back then $US1,800/oz was an eight-year high and bullish sentiment was nudging even the shittiest exploration stoc...

Stockhead MRR 4 months ago
Gold Digger: Northern Star’s share price down 30pc for FY21, despite posting $1bn profit

Gold bugs would be breathing a sigh of relief this week as the price stabilises just shy of $US1,800/oz ($2,463/oz Aussie) thanks to Monday’s healthy 1.5% gain. While there are plenty of other red hot sectors attracting investor dollars rig...

Stockhead MRR 4 months ago
Closing Bell: Energy shares push ASX higher

It was another positive close for the Australian bourse today with energy the standout sector. The ASX 200 closed 0.17% higher at 7,503 points while the ASX Emerging Companies Index gained 1.1% to close at 2,262 points. Leading the charge w...

Stockhead MRR 5 months ago
MinRex drilling uncovers surface gold at the Wiles prospect

MinRex’s maiden first pass drilling has proved the presence of surface gold at the Wiles prospect within its Sofala project in NSW’s Lachlan Fold Belt. The mineralisation starts from surface or within the top 20m with some gold loads extend...

Stockhead MRR 5 months ago
Gold about to hit next leg of bull market and stocks are cheap, expert says

The gold price itself had 12 months of consolidation. Now we are entering a new stage of a bull market which Barry Dawes of Martin Place Securities believes “will take it much, much higher”. In the big scheme of things, the pullback we have...

Stockhead MRR 5 months ago
Gold Digger: Bulls vs Bears – which team are you on?

On Sunday, a chaotic ‘flash crash’ saw the gold price plummet into the $US1600s per ounce before staging a mild recovery. Experts mostly point to a better than expected jobs report out of the US for heavy selling that saw the traditional he...

Stockhead MRR 5 months ago
New IP targets set the stage for MinRex’s drilling plans at Spring Gully

MinRex Resources has found new induced polarisation (IP) resistive/chargeable zones over the Spring Gully prospect within its flagship Sofala project in NSW. The three distinct zones (Western, Central, Eastern) correlate directly with the...

Stockhead MRR 5 months ago