Articles On Andromeda Metals (ASX:ADN)

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...

“Tim brings a wealth of expertise and experience to the newly created chief commercial officer role at Andromeda. We are delighted to welcome him to the Andromeda team as we focus on preparing for the next stage of our operations and moving...

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...

The Andromeda Metals Ltd (ASX: ADN) share price is sliding today on the back of the company’s quarterly activities report. Over the quarter ended 30 September 2021, the company worked to commercialise product from its Great White Kaolin Pr...

Andromeda (ADN) updates the market on its quarterly activities for the September quarter ADN has completed a bulk sampling program at its South Australian joint venture (JV), the Great White Kaolin Project, where progress on its HPA strate...

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...

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...

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...

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...

Andromeda Metals has upgraded its Streaky Bay pilot plant at the Great White project in South Australia as the company eyes its first commercial production of halloysite-kaolin. The pilot plant was upgraded to replicate the proposed Great W...

The Andromeda Metals Ltd (ASX: ADN) share price is up 1.38% in afternoon trade on Monday to 14.7 cents. This follows the company releasing a key update on its Great White kaolin deposit in South Australia. Here’s what we know. What did A...

Andromeda has begun a bulk sampling program for commercialisation efforts at Great White Kaolin Project. It has produced a large amount of ultrabright, high-purity Great White PRM™ product over 90% ISO powdered brightness at a pilot plant i...

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...

The new non-executive director will lend her expertise on commercial, legal, governance and compliance matters as Andromeda transitions from explorer to producer.

The significantly low levels of specific impurities in Andromeda supplied feed indicates that about 3 tonnes of Great White Feed will produce about 1 tonne of 4N (99.99%) or better HPA (high purity alumina) whereas the normal ratio is about...

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...

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...

Excitement is brewing at Oar Resources’ Gibraltar project after drilling returned grades of up to 53% halloysite, the highest observed anywhere in Australia. Along with multiple other holes returning grades in excess of 30% halloysite, the...

Drilling at Oar Resources’ (ASX: OAR) Gibraltar halloysite-kaolin project on South Australia’s remote Eyre Peninsula has returned the highest grades of halloysite on record from any Australian project. The “exceptional” results came from de...

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...

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...

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...

The Andromeda Metals [ASX:ADN] today executed a binding agreement to form the Eyre Kaolin Project Joint Venture close to its Great White Kaolin project in South Australia. At time of writing, Andromeda shares were up 9.7%, trading at 17 cen...

It will have the opportunity to earn up to 80% interest in the joint venture tenements through the sole funding expenditure of $2.75 million over six years. 

The Andromeda Metals Ltd (ASX: ADN) share price is in the green after the company announced a new joint venture. Andromeda has entered an agreement to join forces with an unlisted company, Peninsula Exploration to explore 4 tenements locat...

Testing to date has shown that the Ultra Bright Domain, which consists of extremely high purity kaolinite with ultra-high brightness and with low halloysite levels and extremely low iron oxide, is ideally suited to high-value markets in spe...

“Nick [Harding] has given distinguished service to the company for more than 11 years and his substantial contribution in guiding the company through some lean years and the significant transactions that have led to the company being where...

The Andromeda Metals Ltd (ASX: ADN) share price is slightly in the red today. This comes after the mineral exploration company announced a change to its board team. At the time of writing, Andromeda shares are down 1.88% to 15.7 cents. In...

As an uncorrelated asset – value not tied to larger fluctuations in the traditional markets — gold has had “its lunch cut a bit” by crypto, PCF Capital’s Liam Twigger says. “There is an article in the last Economist asking, ‘what happens if...

Strong consumer buying and modest institutional investment helped create gold demand of 955.1 tonnes over Q2 – a 9% rise from Q1 2021, and in line with the equivalent period last year. While both consumers and retail investors were purchasi...

The Andromeda Metals Ltd (ASX: ADN) share price is flying today on the back of the second component of its capital raise. During afternoon trade, the mineral exploration company’s shares are up 12.9% to an intraday high of 17.5 cents. Over...

The SPP, together with a recent placement, has raised a total of $45 million and provides Andromeda with funds to continue development of the world-class joint venture project.

It is no longer just lip service — to create max value for shareholders, miners know they need good Environmental, Social and Governance (ESG) credentials. Failing to maintain good relationships with stakeholders (like governments, local co...

The patent covers the conversion process for halloysite and halloysite-kaolin into advanced, functionalised carbon nanomaterials.

Gold had its worst month since November 2016 in June, down 7% to $US1,779/oz. Mining and exploration stocks have followed suit. This bearish trend creates a buying opportunity, experts say. Boutique investment advisory firm head Frank Holme...

ASX Capital Raise Roundup is a weekly look at ASX capital raisings. As we roll the clocks forward into Financial Year 2022 many of us start fresh, make our fiscal new year resolutions and watch for markets to also cooperate in our renewed e...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade. WINNERS Scrol...

30 June 2021 - A snapshot of the news that broke today, featuring Telstra (ASX:TLS), Andromeda (ASX:ADN), Nuix (ASX:NXL).

The Andromeda Metals Ltd (ASX: ADN) share price is losing territory today after coming out of a trading halt. This comes after the mineral exploration company announced an update to its capital raising efforts. During late afternoon trade,...

The placement, together with the SPP, will provide Andromeda with funds to meet its share of long lead time processing plant equipment purchases for the Great White Kaolin Project.

KAOLIN hopeful Andromeda Metals is seeking to raise A$45 million to support its inaugural South Australian development on the Eyre Peninsula.

30 June 2021 - Andromeda Metals (ASX:ADN) has successfully completed a $30 million placement to institutional and sophisticated investors.

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...

In the last 24 hours, Australia has gone from two to four states or territories at least partially in lockdown and it impacted on the ASX again. The ASX 200 closed lower again though it was down by just 0.08% after recovering from the intra...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers during the trading day. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intrad...

Diversifying in a high-quality product suite confirms the quality of the Great White Kaolin Project and reduces risk.

The Andromeda Metals Ltd (ASX: ADN) share price is losing ground today despite a series of updates for its Great White Kaolin project. The Andromeda share price is down 8% trading at 20.5 cents at the time of writing. What did Andromeda...