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Metal and mining
Boab Metals (ASX:BML) Suspends Trading Amid Key Project Finance Update
December 09, 2024 02:05 PM AEDT| By Team Kalkine MediaHighlights,Boab Metals (BML) enters a trading halt pending a critical update.,The announcement involves an Offtake and Project Finance Agreement.,Trading halt effective until 11 December 2024 or earlier announcement.,Boab Metals (ASX:BML) has announc...
Albion Resources Expands Market Reach with New ASX Securities
December 09, 2024 02:03 PM AEDT| By Team Kalkine MediaHighlights,Albion Resources announces quotation of new securities.,Over 16 million securities listed on December 9, 2024.,Aims to enhance stock market presence in the resource sector.,Albion Resources Ltd. (ASX:ALB), an established name in the resour...
Cobre Ltd’s Promising Copper Discovery at Cosmos Target in Botswana
December 09, 2024 01:58 PM AEDT| By Team Kalkine MediaHighlights:,Cobre Ltd (CBE) identifies over 4 kilometers of anomalous copper at the Cosmos target.,Latest drill hole reveals chalcocite mineralization up to 4%.,Exploration continues in the Kalahari Copper Belt to expand mineral resource potential.,C...
Krakatoa Resources Targets Prominent Antimony-Gold Project in Georgia
December 09, 2024 01:49 PM AEDT| By Team Kalkine MediaHighlights,Krakatoa Resources (KTA) explores a significant antimony-gold project in Georgia.,The project includes a mining license with estimated antimony and gold reserves.,Exploration funds and acquisition terms highlight project development plans....
Labyrinth Resources Unveils Promising Gold Drill Results at Comet Vale
December 09, 2024 11:56 AM AEDT| By Team Kalkine MediaHighlights,Labyrinth Resources ramps up drilling activities at Comet Vale.,Latest gold drill results highlight significant grades in Cheer and Sovereign prospects.,New exploration manager and drill rig added to support aggressive drilling plans.,Laby...
Mamba Exploration Shares Skyrocket 36.4% After Successful Placement Announcement
December 09, 2024 11:50 AM AEDT| By Team Kalkine MediaHighlights,Capital Raising Success,: Mamba Exploration secured firm commitments for an,$850,000 placement,from professional and sophisticated investors.,Share Price Surge,: Following the announcement, Mamba's share price soared by,36.4%,to 1.5 cents...
Krakatoa Resources Shares Surge Over 22% Following Strategic Acquisition News
December 09, 2024 11:46 AM AEDT| By Team Kalkine MediaHighlights,Acquisition Announcement,: Krakatoa Resources secures an exclusive option to acquire up to 80% of the,Zopkhito Antimony and Gold Project,in Georgia.,Significant Resource Potential,: Foreign estimates indicate 225,000 tonnes of antimony at...
Bayan Mining Shares Jump 16% After Positive Gallium and Lithium Assay Results
December 09, 2024 11:42 AM AEDT| By Team Kalkine MediaHighlights,Encouraging Assay Results,: Elevated levels of gallium and lithium identified at Tango Lithium and Barbara projects in Canada.,Significant Findings,: Highest recorded grades include 72.32 g/t gallium oxide (Ga₂O₃) and 6.85% lithium oxide (...
Why Paladin Energy Ltd (ASX: PDN) Shares Are Down in 2024?
December 06, 2024 02:50 PM AEDT| By Team Kalkine MediaHighlights,Paladin Energy's shares are down 23% in 2024, affected by production issues and delays.,Despite recent setbacks, experts remain optimistic on the long-term outlook for uranium.,Paladin's acquisition of Fission Uranium Corp and uranium pric...
ASX Declines Amid Market Caution and Sector Weakness
December 06, 2024 02:49 PM AEDT| By Team Kalkine MediaHighlights,Australian stock market falls, reflecting global economic concerns,.,Iluka Resources (ILU) and Magellan Financial Group (MFG),among,the major losers,.,Utilities sector,emerges,as the only gainer, highlighting its defensive appeal,.,The Aus...
Novo Resources Secures $11.5M from San Cristobal Sale for Growth
December 06, 2024 02:47 PM AEDT| By Team Kalkine MediaHighlights,Novo Resources Corp gains $11.5 million by selling part of its San Cristobal stake,.,Proceeds,to support upcoming exploration initiatives in 2025,.,Retains,60% of San Cristobal, viewed as a strategic asset,.,Novo Resources Corp (ASX:NVO) r...
Pilbara Minerals (ASX: PLS) Shares Drop 43% in 2024, What’s the Road Ahead?
December 06, 2024 02:18 PM AEDT| By Team Kalkine MediaHighlights,Pilbara Minerals sees a dramatic drop in short interest,ASX lithium stock falls 43% in 2024 but analysts are optimistic for 2025,Short sellers may be moving on after significant price declines and a potential lithium recovery,Shares of Pil...
Nova Minerals Unveils High-Grade Antimony Discovery at Stibium Prospect
December 06, 2024 01:44 PM AEDT| By Team Kalkine MediaHighlights,Significant antimony-rich zone,identified,at the Stibium prospect within Nova Minerals’ Estelle Project,.,Reconnaissance rock chip samples recorded antimony grades as high as 56.7%,.,Project,prioritised,for further development, engaging wi...
Can Hazer Group (ASX:HZR) Navigate Its Cash Burn Challenges?
December 06, 2024 12:57 PM AEDT| By Team Kalkine MediaHighlights,Hazer Group (HZR) reports a short cash runway of seven months,.,The company saw a sharp increase in cash burn by 304%,.,Revenue growth of 38% provides a positive outlook amidst challenges,.,Hazer Group (ASX:HZR), operating in the clean ene...
Dart Mining's Strategic Acquisition of Triumph Gold Project
December 06, 2024 12:37 PM AEDT| By Team Kalkine MediaHighlights,Dart Mining (DTM),acquires,Sunshine Metals' (SHN) Triumph Gold Project,.,Triumph Gold Project,located,in Queensland’s historical Norton gold field.,Acquisition includes $1 million cash and issuance of 83.3 million shares,.,Dart Mining (ASX...
White Dam Gold Project Sees Boost in Output as Sale Process Advances
December 06, 2024 12:35 PM AEDT| By Team Kalkine MediaHighlights,White Dam gold production ramps up with new heap leach material,.,GBM Resources (GBZ) strengthens working capital through rising output,.,Discussions with multiple parties ongoing for the asset's sale,.,GBM Resources (ASX:GBZ) is achieving...
Promising Copper Intercepts Propel New World Resources Towards Development
December 06, 2024 11:56 AM AEDT| By Team Kalkine MediaHighlights,New World Resources (NWC) achieves significant copper intercepts in Arizona project,.,Resource upgrade campaign progresses towards development and updated Resource by early 2025,.,Antler Deposit,emerges,as a key underground mining target f...
Iluka Resources Hits 52-Week Low as Investors React to Rare Earths Update
December 06, 2024 11:52 AM AEDT| By Team Kalkine MediaHighlights,Iluka Resources shares drop 9%, hitting a 52-week low of $4.98.,Australian Government pledges an additional $400M for Eneabba rare earths refinery project.,Concerns over potential capital raising weigh on investor sentiment.,Shares of Iluk...
Vault Minerals (ASX:VAU) Nears Profitability with Promising Growth Outlook
December 06, 2024 11:39 AM AEDT| By Team Kalkine MediaHighlights,Vault Minerals VAU) is projected to achieve profitability within the next year,.,The company reports a low debt-to-equity ratio, emphasizing prudent capital management,.,Analysts predict an annual growth rate of 26%, signaling strong recov...
Perseus Mining (ASX:PRU): Strong ROE and Earnings Growth Amidst Market Optimism
December 06, 2024 11:30 AM AEDT| By Team Kalkine MediaHighlights,Perseus Mining (PRU) saw a 15% stock gain in three months, highlighting market confidence,.,A 20% ROE, above industry average, supports strong earnings growth,.,Retaining,90% of profits enables significant reinvestment and expansion,.,Pers...
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