Articles On PNX Metals (ASX:PNX)

Patronus Resources (ASX:PTN) has started its first-ever drill program in the Northern Territory following the completion of its merger with PNX Metals on 11 September 2024. The $91.69 million market capitalisation company has launched 2,...

Gold hit a new record this week ahead of US Fed rate cut World Gold Council looking for recovery in Western ETF demand Mithril leads the gains on silver and gold hits in Mexico Our Gold Digger column wraps all the news driving ASX stocks...

Image: FocusStocker/shutterstock.comPatronus Resources, formerly known as KIN Mining, has finalised its merger with PNX Metals, a gold and base metals explorer. Under the terms of the agreement Read MoreAustralian Mining.

Gold ETFs add billions US election provides uncertainty and shift into bullion WA gold stocks are on the rise   Gold returns had another strong month during August, helped by expectations of the first Fed rate cut in four long years, whi...

The Supreme Court of Western Australia has approved a scheme of arrangement, involving Patronus Resources (ASX:PTN), formerly known as Kin Mining, acquiring PNX Metals (ASX:PNX).  Patronus Resources, which has a market capitalisation o...

Gold hits new highs while bullion equities remain deeply undervalued Market cap of gold miners at same level as 2011 bodes well for future investment “Current opportunity as compelling as any we’ve seen in the market” Our Gold Digger colu...

Markets may have ended the week on the downtrend, but there was a mix of junior explorers that rounded out the week on a high note.  The S&P/ASX200 closed down 3.10 points Friday (23 August) to 8,023.90 points, with the materials sec...

Sprott, banks, lift gold price futures after breaking US$2500/oz barrier CommBank lifts its 2025 gold price forecast to US$2600/oz Northern Star and Regis post record earnings Our Gold Digger column wraps all the news driving ASX stocks w...

ASX ended 10-day winning streak ANZ, Tabcorp dropped after facing regulators Despite a crude price rebound, energy stocks fell   The ASX 200 ended its 10-day winning streak, dipping by 0.04% after a weak session on Wall Street overnight....

Gold dips 1%, but market hardly notices Artemis shares double since Monday open on gold finds Top Aussie gold producer Evolution gets stung by cyber attack Our Gold Digger column wraps all the news driving ASX stocks with exposure to pre...

Mid-week, Australia broke its record for the biggest medal haul in one day at the Olympic Games – four gold and two bronze – and the fact that it came on a non-swimming finals day is just incredible. GOLD – Cycling, Men’s Team Pursuit GO...

Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, which is meant to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live data, to provide a short, sharp update to help frame the...

WGC flags record gold price for Q2, up 18% year-on-year Ongoing economic headwinds not expected to dent demand too much RBC Capital Markets says gold is still a safe haven in a crisis Our Gold Digger column wraps all the news driving ASX...

ASX rises on Wednesday after soft June Qtr CPI bump All sectors end higher Small caps led by GTE and SPA   The local benchmark index is back in record territory after extended gains on Wednesday as quarterly inflation data assuaged fea...

Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, which is meant to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live data, to provide a short, sharp update to help frame the...

Gold hit an all-time high this week of US$2483.60 Shaw & Partners predicts US$3000/oz for 2025 and 2026 Labyrinth navigates gold acquisitions for a 180% gain Our Gold Digger column wraps all the news driving ASX stocks with exposure t...

Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, which is meant to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live data, to provide a short, sharp update to help frame the...

ASX 200 ends lower on Monday  IT and Consumer Discretionary only sectors to end higher Rex Minerals added 52% on takeover   Despite a more than handy lead out of Wall Street, the ASX started badly on Monday morning, yet somehow just kept...

Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, which is meant to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live data, to provide a short, sharp update to help frame the...

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...

Choppy day leaves the ASX 200 benchmark below zero, down -0.2pc Energy surges on news of a coal fire in Queensland, because that’s good for business everywhere else Small Caps winners’ list dominated by a $12 million boat sale by Wellard,...

Beating the market is tough, but finding quality stocks is even harder Book value is a metric often used by value investors We look at how the Price to Book Value ratio could uncover undervalued stocks   Investors are always on the lookou...

Ahead of the 2024 summit in Kazakhstan, BRICS nations are buying up gold to back the float of their own currency De Grey gets +$1bn backing from banks for development of Hemi deposit in WA Pilbara Ramelius snaps up 9% stake in Spartan Reso...

The price of gold is clinging to crucial support levels as we close out a topsy-turvy week for precious metal commodities The World Gold Council is doing its best to prop up the gold market, though – particularly in Singapore ASX goldies m...

Let’s do a speedrun looking at mining juniors with news out on the market today. Sun Silver (ASX:SS1) Silver and gold explorer Sun Silver (ASX:SS1) has announced it’s locked in a drill rig contractor ahead of its maiden drill run lat...

ASX rises +0.5pc driven by tech, banking, and property sectors This comes as US Fed maintains rates, now plans only one cut in 2024 Aussie unemployment drops to 4pc in May, but analysts predict further rises   Aussie shares rose by +0.5%...

Stockhead’s Top 10 at 10, published at ~10.40am 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 gold market is travelling well as we close out another Aussie week Spot pricing is heading in the right direction, thanks to weaker dollar, ECB rate cuts and more According to the World Gold Council, gold ETF flows turned positive in M...

Aussie shares rise in arvo trade Resources sectors weigh, Real Estate adds 2pc GDP lowest in 40 years ex. COVID   The local bourse has come home with a sail wet on Wednesday with the ordinariness of our economy bringing market joy as it d...

The price of gold has dipped back below its soaring level of US$2,400+ But a particularly bullish narrative is forming believes Forbes   ASX gold stocks performing over the past week include: AGC, NMR and NPM   The recent, seemingly unsto...

ASX 200’s rally was driven mainly by gold/silver and iron ore stocks Gold prices hit record high as China continues to buy bullion Asian markets rose due to high commodity prices and new stimulus measures    The ASX 200 index rose by +0....

Stockhead’s Top 10 at 10, published at ~10.40am 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...

China, Turkey and India led  ongoing central bank gold buying in April Analysts still see gold continuing higher this year, heading ‘easily’ above US$2,500 Iceni Gold absolutely slays it on the ASX this week with  +200% gain   In the week...

The ASX slumped by over -1pc, as jitters about delayed rate cuts rattled markets Miner BHP confirmed  $60 billion bid for competitor Anglo American Gold stocks climbed, but all 11 sectors closed in the red   The ASX 200 declined sharply b...

Kin Mining merges with PNX Metals to target extensive Australian resource base · Growth platform · Value-adding transactions · 'Sensible consolidation'.

Cashed-up gold hopeful Kin Mining has lined up an all-scrip merger with penny stock explorer PNX Metals, fresh from selling a good chunk of its WA portfolio to Genesis Minerals. 

Special Report: Kin Mining and PNX Metals have unveiled plans for a merger that marks the entry of a new growth stock with exposure to uranium, precious and base metals. The combined company’s portfolio of mineral resources will exceed 1.4...

Image: FocusStocker/shutterstock.comKin Mining and PNX Metals, a gold and base metals explorer, are set to merge via a scheme of arrangement, which will see Kin acquire 100 per cent of the PNX shares. Under the terms of the agreement, each...

Kin Mining (ASX: KIN) has proposed a $123 million merger with PNX Metals (ASX: PNX) to create a diversified exploration group with base metals and uranium assets in Western Australia and the Northern Territory. The assets host total mineral...

15 Apr 2024 - Two months after it was first mooted, Kin Mining (ASX:KIN) and PNX Metals (ASX:PNX) are set to marry in an all-share union of mining's smaller players.

Two months after it was first mooted, Kin Mining (ASX:KIN) and PNX Metals (ASX:PNX) are set to marry in an all-share union of mining's smaller players. Kin had raised the possibility of a PNX deal back in mid-January. Trading in Kin's share...

Gold hit a US ATH, then dipped a tad, but not by much. In fact, it’s doing pretty well on the whole… … It’s less volatile than Bitcoin, anyway, which is a good or bad thing depending on outlook Speaking of which, RBC has some fairly cautio...

PNX Metals Limited (ASX:PNX) has unveiled analysis suggesting extended mineralisation and further uranium discoveries could be found at the revived Thunderball deposit. This is where near-surface, high-grade uranium was first discovered...

Gold has pulled back from very recent highs after the latest ‘sticky’ US inflation figures But… the price action in general looks pretty solid from where we’re sitting, and so does the TA Leading ASX goldies this week include: BMR, BMO, GS...

Gap analysis boosts grade and resource confidence in Thunderball uranium deposit Potential extensions to high-grade zones identified Drilling to target extensions and additional discoveries   Special Report: PNX Metals’ confidence in the...

  Local markets give up early gains then regains them, closing 0.22pc higher Consumer Discretionary stocks offset losses in materials and Energy  Small Caps led by LBT Innovations   It’s hard to stay afloat when BHP sinks to a near nine-m...

Gold hit an all-time high this week, ending Friday in strong form The World Gold Council predicts global elections and Fed cuts could keep the precious metal elevated ASX gold stocks performing well this week included: KNB, SXG, AWJ   Wha...

The ASX 200 lifted modestly by +0.2% on Thursday as gains in Tech and Industrial stocks were offset by losses in Energy.  Local traders brushed out dovish comments from Fed Chair Jerome Powell last night. Appearing before Congress, Powell r...

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...

ANZ analysts believe ’emerging’ central banks could buy over 600t of gold annually until 2030  Citi isn’t totally ruling out a US$3,000 gold price in next 12-18 months US gold mining giant Newmont divests six gold mines and two other gold...