Articles On PNX Metals (ASX:PNX)

Title Source Codes Date
Closing Bell: Microcaps bloodbath continues as US stock futures fall again

Well, that was brutal. After two days of steady falls, local markets executed a proper face-plant on Tuesday as the microcap Emerging Markets index slumped by 5.14%. For some recent history, you’d have to go back to the heady days of March...

Stockhead PNX 1 day ago
Top 10 at 10: These ASX stocks are flexing their muscles today

Stockhead’s Top 10 at 10, published at 10.30am 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 PNX 1 day ago
Top 10 at 10: The ASX stocks playing it safe this morning

Stockhead’s Top 10 at 10, published at 10.30am 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 PNX 5 days ago
PNX Metals raising up to A$4.6 million in rights offer to drive development of Northern Territory projects

The funds will support regional and near-mine exploration to expand mineral resources at the company's gold, zinc and silver projects, spearheaded by Fountain Head and Hayes Creek.

Proactive Investors PNX 6 days ago
Closing Bell: ASX edges lower as junior mining explorers surge ahead

The ASX 200 posted a small 0.11 fall on Tuesday, outperformed by the small end of town as the microcap Emerging Companies index rose by 0.66%. There were no clear catalysts as Asian markets struggled for direction after Wall Street was clos...

Stockhead PNX 1 week ago
PNX Metals (ASX:PNX) halts trade following Glencore drilling

PNX Metals (PNX) places its shares in a trading halt while it plans an upcoming capital raising The company’s shares will remain in the halt until January 20 or when more details are released, whichever occurs first On January 14, PNX anno...

themarketherald.com.au PNX 1 week ago
PNX’s Glencoe shaping up as another Fountain Head with more near-surface gold

Near-surface gold at PNX’s Glencoe deposit in Queensland now exceeds 1.4km and remains open, demonstrating the potential to grow to a similar scale as the company’s Fountain Head project just 3km to the south.   PNX Metals (ASX:PNX) is cont...

Stockhead PNX 1 week 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 PNX 1 week ago
PNX Metals (ASX:PNX) extends near-surface gold zones at Glencoe

PNX Metals (PNX) sees its near-surface gold zones extend to over 1.4 kilometres at the Glencoe gold deposit in the Northern Territory The program is said to confirm and enhance historical drill results, identifying along-strike gold lode...

themarketherald.com.au PNX 1 week ago
PNX Metals extends near-surface gold zones to more than 1.4 kilometres at Glencoe, remaining open in all directions

“Glencoe continues to strengthen with infill and extensional drilling complementing our previous results and supporting the increased scale potential of the deposit,” says MD.

Proactive Investors PNX 1 week ago
Closing Bell: ASX limps into the close while a post-COVID ‘meme stonk’ roars higher

It was a lacklustre session for local stocks in Tuesday trade, as the ASX 200 limped into the close with a fall of 0.77% while the microcap Emerging Companies index traded flat. In an environment of rising bond yields, the broader tone is s...

Stockhead PNX 2 weeks ago
Closing Bell: ASX suffers biggest one day fall in 16 months, tech sector completely smoked

Ouch. The ASX has closed the third trading day of the year with a melt down of 2.74%. The Australian sharemarket has suffered its biggest one-day fall in 16 months, since 4 September 2020. The selling has been widespread with every sector...

Stockhead PNX 2 weeks ago
Top 10 at 10: Who just copped a backhand?

Stockhead’s Top 10 at 10, published at 10.30am 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 PNX 2 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 PNX 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 PNX 1 month ago
A behind-the-scenes look at the progress PNX is making to become a near-term gold producer

Not every junior explorer has a daily or even weekly news update to present to the market but that doesn’t mean they aren’t working hard behind the scenes to bring a project to fruition. PNX Metals (ASX:PNX) is a prime example of a small e...

Stockhead PNX 1 month ago
PNX Metals delivers development update on Fountainhead Gold Project 

“Capital cost pressures related to the current economic climate have been in part mitigated and offset by use of second-and equipment, with suitable filtration equipment identified and engineering assessment underway, and use of mobile crus...

Proactive Investors PNX 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 PNX 1 month ago
Closing Bell: ASX edges lower ahead of all-important US inflation data

For the first time in over a month, the ASX finished a week higher than where it began — even with the bourse declining on an intraday basis. The ASX 200 closed at 7,353 points which was 0.42% lower than yesterday, but up 1.6% from last Fri...

Stockhead PNX 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 PNX 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 PNX 2 months ago
PNX Metals' RC drilling extends near-surface gold zones at Glencoe deposit

RC drilling is ongoing to test further extensions and increase confidence in the mineral resource estimate. 

Proactive Investors PNX 2 months ago
PNX Metals intersects more near-surface mineralisation at Glencoe gold deposit

Maiden drilling at the eastern extensional zone of PNX Metals’ (ASX: PNX) Glencoe deposit in the Northern Territory continues to intersect near-surface gold mineralisation beyond the existing mineral resource estimate. Exploration has exten...

SmallCaps PNX 2 months ago
More near-surface, high-grade gold hits offer PNX bigger footprint in the NT

More near-surface, high-grade drill results from PNX Metals’ Glencoe gold deposit have significantly added to the prospective footprint at the Northern Territory project, with further drilling underway. Drilling by PNX Metals (ASX:PNX) has...

Stockhead PNX 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 PNX 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 PNX 2 months ago
10 at 10: These ASX stocks have their shareholders feeling festive 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 PNX 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 PNX 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 PNX 2 months ago
10 at 10: These ASX stocks are the standouts on quarterlies 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 PNX 2 months ago
PNX Metals starts extensional drilling at Glencoe gold deposit

Junior explorer PNX Metals (ASX: PNX) has commenced reverse circulation drilling at the eastern zone of the recently-acquired Glencoe gold deposit, located north of its Fountain Head gold project in the Northern Territory. Drilling will foc...

SmallCaps PNX 2 months ago
PNX Metals kicks off RC drilling at Glencoe as mapping identifying coarse gold at surface at Glencoe South

The company’s drill program is expected to take up to six weeks to complete, with assays due from the end of November 2021.

Proactive Investors PNX 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 PNX 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 PNX 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 PNX 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 PNX 3 months ago
Closing Bell: ASX stacks it with a 2pc fall but tourism sector gets a boost

After gaining 1.88% yesterday, the ASX gave back just about all of those gains as October got off to a rough start today. The ASX closed at 7,186 points, down 2% from yesterday and 5.8% from mid August. All sectors finished in the red, with...

Stockhead PNX 3 months ago
10 at 10: These ASX stocks look the most splendid 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 PNX 3 months ago
PNX Metals envisages gold, silver, zinc operation in the Pine Creek region following positive pre-feasibility study

The study envisages initial gold mining and processing at Fountain Head (Years 1 to 5) to be followed by gold-silver-zinc development at Hayes Creek (from Year 4).

Proactive Investors PNX 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 PNX 4 months ago
PNX Metals high-grade surface rock chips highlight potential for Glencoe gold deposit extensions

A further 2,000 metres of reverse circulation drilling is planned to begin next month to test the eastern extensions and to upgrade a portion of the existing Glencoe mineral resource estimate to the indicated category.

Proactive Investors PNX 4 months ago
PNX Metals identifies more gold east of Glencoe deposit

Northern Territory explorer PNX Metals (ASX: PNX) has unearthed high-grade gold from a rock chip sampling program east of the existing Glencoe deposit within the Fountain Head gold project. PNX says the results from the sampling highlight...

SmallCaps PNX 4 months ago
Closing Bell: ASX defies the odds to finish in positive territory

The ASX was set for another negative day if futures and Wall Street’s drop were any guide — but even with a bad start, Australia’s bourse finished in the green. The ASX 200 fell as much as 0.50% in the first few minutes of trade but closed...

Stockhead PNX 4 months ago
Closing Bell: ASX closes out choppy week, IPO rush continues, iron ore tanks

The ASX 200 has tracked lower in Friday trade, rounding out a choppy week where local stocks struggled for direction. The index was dragged lower by another brutal session for the big miners as iron ore prices tanked again, led by a 15% dro...

Stockhead PNX 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 PNX 4 months ago
10 at 10: These ASX stocks are the most illuminated 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 PNX 4 months ago
Closing Bell: ASX retreats, led by 2pc drop in energy

Once again the energy sector determined the direction of the market but unlike yesterday where it gained, today it finished in the red. The ASX 200 retreated 0.27% to close at 7,417 points, although the ASX Emerging Companies Index rose 1.3...

Stockhead PNX 4 months ago
PNX Metals intersects multiple new high-grade gold zones at Glencoe

The latest intersections increase the footprint and potential scale of the Glencoe deposit, just 3 kilometres north of its flagship Fountain Head Gold Project.

Proactive Investors PNX 4 months ago
Maiden drilling at Glencoe intersects high-grade gold zones for PNX Metals

Maiden drilling at PNX Metals’ (ASX: PNX) newly-acquired Glencoe gold deposit near Pine Creek in the Northern Territory has intersected multiple zones of near-surface, high-grade mineralisation. A program of 27 reverse circulation holes for...

SmallCaps PNX 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 PNX 4 months ago