Articles On PNX Metals (ASX:PNX)

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...

Central banks are buying gold at record levels with holdings now at 50-year highs: Sprott Gold tends to hold its value in times of crisis Central Bank buying ‘extremely’ bullish: Goehring & Rozencwajg They say investors with no perform...

ASX 200 adds just 0.1% because it was literally the least it could do. Aussie tech stock surge negated by Doctors and Miners having a bad hair day. Two ASX-listed lithium players are under attack over alleged corruption in Africa, of all p...

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...

ASX scuttled by bleak rates outlook in the US, down 0.83% for the day RBA boss Philip Lowe had better news for Aussies. Kind of Summit Resources galloped to a win, up 35% on great REE news at Stallion   We have comments from US Fed chair...

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 ASX spikes on ‘news’ that the RBA has pushed rates up again, closing at +0.6% Invocare has risen from the grave after a bit to buy up the funeral company China finally breaks Errol Flynn’s world record for rattling sabres, terrifying K...

RooLife is today’s ASX winner after getting its drinks into China’s massive Freshippo market The Benchmark climbed early but sagged like a horrid old balloon to end the day around +0.5% Harris tells Credit Suisse “it’s not us, it’s you” an...

Gold defends psychologically important US$1800 level and is currently paying ~US$1840/oz Rox Resources up 66% on monster hit outside 3.2Moz Youanmi resource Miners Ramelius (+20%), Resolute (+14%) lead strong week for mining stocks Our Go...

Perseus Mining (ASX:PRU) continues to claim the title of ‘ASX’s Most Consistently Good Gold Producer’ Other ASX miners a mixed bag Gold is currently at a 2-month low of $US1835/oz Our Gold Digger column wraps all the news driving ASX stoc...

PNX Metals (ASX:PNX) has raised almost $2.81 million from acceptances of more than 936.56 million new shares at an issue price of $0.003 per share, representing a 63.2% take-up including oversubscriptions. The non-renounceable pro-rata righ...

The ASX fell 0.4% after Wall Street was hit by a massive sell-off overnight Wage data shows ‘real wage’ decline in 2022 is the worst in recorded history Toys’R’Us wins the day by offering to buy back its own beleaguered shares   And that’...

ASX recovers to finish a bit less awful than it was at lunchtime, down 0.2% Magnis Energy Technologies climbs 6% on news that Elon wants to Bogart all its battery metals Connexion Telematics’ General Motors contract extension prompts an 80...

The Fountain Head gold project has overcome another hurdle after receiving environmental approval. Located in the Pine Creek region of the Northern Territory, 170km from Darwin, PNX Metals has been developing the project since 2020. On Feb...

PNX Metals (PNX) receives environmental approval for its wholly-owned Fountain Head project in the Northern Territory The approval completes the environmental impact statement (EIS) process for the project, which is itself an important c...

PNX Metals’ Fountain Head gold project has become one of only a handful of proposed mines in the past few years to be granted environmental approval by the Northern Territory government. PNX Metals (ASX:PNX) revealed today that the Northern...

ShareCafeEnergy’s efforts are not enough to lift the ASX by Peter Milios   The ASX 200 index fell by 0.2 per cent to 7417.8 today, due to a decrease in the consumer discretionary sector. However, Energy closed 1.78 per cent higher as Russia...

The ASX 200 fell 0.21% and the ASX XEC slips 1.05% A 8 out of 11 sectors were lower led by Consumer Discretionary down 1.40% Energy sector and stocks rally after Russia announces plans to slash oil production   The ASX 200 dropped 0.21% t...

PNX Metals has uncovered multiple new targets with the potential to host economically significant gold mineralisation that could provide another important source of feed for its proposed Fountain Head plant in the Northern Territory.   PNX...

13 Feb 2023 - A snapshot of the stocks on the move featuring PNX Metals (ASX:PNX), Buru Energy (ASX:BRU) and Corella Resources (ASX:CR9).

ShareCafeASX opens lower following the S&P500’s worst week in 2 months by Peter Milios   So far, the energy sector is showing the strongest performance, driven by a surge in oil prices following Russia’s announcement to decrease its dai...

ShareCafeStocks of the Hour: PNX, BRU, CR9                    PNX Metals (ASX:PNX) announced that multiple high-grade gold targets have been identified in their northern exploration leases. In response, PNX Managing Director James Fox...

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’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’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’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...

Gold rallies past US1,950/oz on Fedspeak, before falling back below US$1,920/oz on Friday “Bullion traders will need to see disinflation trends remain strong and for the labour market to soften for the bull case to remain in place”: OANDA’...

PNX Metals is undertaking a $4.4m rights issue and has already secured nearly half via firm commitments, including from major German shareholder DELPHI, to continue towards its goal of building an integrated zinc-gold-silver operation in th...

PNX Metals (ASX:PNX) is raising more than $4 million in equity to help fund exploration and development works at its Northern Territory projects, located in the Pine Creek region some 170km from Darwin. The company is offering eligible shar...

Metals Focus reckons early 2021 Reddit squeeze sparked almost two years of record retail silver demand US market achieved a new high last year of almost 4,000t of physical silver investment, “a performance which could be eclipsed this year...

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...

Both the ASX 200 and small cap index were in the red again today 9 out 11 sectors finished lower led by utilities, with Energy and Industrials gaining Albanese reckons the Labor Government has got the energy mix right    The ASX 200 was...

Gold prices have historically outperformed during recessions ANZ research raises end of 2023 gold price target to $US1,900/oz Weekly small cap standouts: Peregrine Gold (ASX:PGD), Ora Gold (ASX:OAU) Our Gold Digger column wraps all the ne...

PNX Metals has successfully extended the gold mineralisation outside of the resource at the Glencoe deposit in the Northern Territory, providing confidence the company will continue to grow its resource inventory in 2023. PNX Metals’ (ASX:P...

Both the ASX 200 and small cap index were in the green today A massive 11 out 11 sectors finished higher let by Utilities Westpac says rising interest rates and cost of living will hit consumers and businesses after Xmas   The ASX 200 was...

The ASX 200 was up today but the small cap index was lower 8 out 11 sectors finished higher let by information technology, up 1.79% NAB survey flags negative business confidence but Xmas spending holds strong   The ASX 200 gained 0.28% to...

A slow start to the week with the ASX 200 down 0.45% today Small cap index falls 0.59% and 7 out 11 sectors finish lower CBA says consumer sentiment could be in deeply pessimistic territory for some time   The local bourse had a flaccid s...

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 ASX puts on a late spurt to finish the day up 0.5% Star Entertainment and Bluescope in very hot water  Patriot Lithium grows 95% on stunning debut, because… lithium. Obviously. Welp… that’s it for the final day of the week, and as te...

A detailed drone-based magnetic survey has identified new targets for follow-up at PNX Metals’ exploration sites in the Pine Creek region of the Northern Territory. The 1238 line-km drone magnetic survey, flown by SensorEM, covered PNX’s zi...

Central banks buying gold at the fastest pace on record Another gold bull signal for 2023 — the crypto collapse Global silver demand on course for record high in 2022 Our Gold Digger column wraps all the news driving ASX stocks with expos...

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...

PNX Metals Ltd has identified new gold targets for follow-up after a detailed drone-based magnetic survey was conducted. The survey, flown by SensorEM, covered PNX’s 1,500-square-kilometre tenement package in the Pine Creek region of the N...

PNX Metals has potentially uncovered the same prospective rocks that host the nearby +1.2Moz Cosmo gold mine between its Fountain Head and Glencoe deposits, demonstrating the significant untested gold and base metals potential of its 1,500s...

Gold could have steady path towards $US1,800 level if dollar weakness remains: OANDA ASX gold miners surging this week, led by Evolution Mining +30%, Capricorn Metals +27%, and Regis Resources +27% Weekly small cap standouts: Focus Mineral...

Just five miners/ near-term gold miners are in the green over the past 12 months They include Tietto Minerals, Ora Banda Mining, Emerald Resources, Capricorn Metals and Perseus Mining Top precious metals stocks this week: Hamelin Gold, Zul...

Since reaching its peak in the summer of 2020, silver has fallen ~35% Smart money is going net long on silver, speculators almost net short; a good sign for silver outlook say Goehring & Rozencwajg This week’s top ASX precious metals s...

USD gold price continues to fall, currently $US1,621/oz Mixed bag of results for gold producers in Q1: Perseus, Northern Star outperformers so far Weekly small cap standouts: Strickland metals, Medallion Metals. GBM Resources Our Gold Dig...

PNX Metals (PNX) kicks off drilling at its Glencoe gold deposit in the Northern TerritoryA 2000-metre reverse circulation drilling program will test three targets for extensions to surface mineralisation and gold-bearing quartz veinsIf dril...

Retail investment in gold, silver has either hit new peaks or held up at multi-year highs, says Metals Focus 1 ounce gold Maple Leaf in the US commands a 40% premium at the retail level, for example This week’s top movers: Sihayo, Dacian,...