Metal and mining


 ASX Inches Higher as Gold Stocks Lead; Bitcoin Surges to Record High

ASX Inches Higher as Gold Stocks Lead; Bitcoin Surges to Record High

December 05, 2024 06:57 PM AEDT| By Team Kalkine Media

Highlights,ASX 200 posts a marginal gain, closing at 8,474.90 points.,Gold producers lead gains, while energy and materials sectors decline.,Bitcoin hits a record high, surpassing US$103,000 on regulatory optimism.,The Australian Securities Exchange...

 Northern Star Resources and De Grey Mining: A Transformational Gold Acquisition

Northern Star Resources and De Grey Mining: A Transformational Gold Acquisition

December 05, 2024 04:39 PM AEDT| By Team Kalkine Media

Highlights:,Landmark Acquisition: Northern Star Resources (,ASX:NST,) announces a $5 billion acquisition of De Grey Mining, enhancing its gold asset portfolio with the high-grade Hemi gold project.,Hemi Gold Project: Boasts 11.2 million ounces in res...

 Infinity Mining Expands Copper-Gold Portfolio with Achilles Project in NSW

Infinity Mining Expands Copper-Gold Portfolio with Achilles Project in NSW

December 05, 2024 03:37 PM AEDT| By Team Kalkine Media

Highlights:,Strategic Acquisition,:,Infinity Mining (,ASX:IMI,) secures the Achilles copper-gold project in the Devonian Cobar Basin, renowned for its rich mineral deposits.,Geological Potential,:,The project spans a five-kilometre shear zone,,adjace...

 Spartan Resources Secures AU$220 Million in Placement to Accelerate Exploration and Mine Development

Spartan Resources Secures AU$220 Million in Placement to Accelerate Exploration and Mine Development

December 05, 2024 03:33 PM AEDT| By Team Kalkine Media

Highlights,AU$220 Million Raised,: Spartan Resources secures a substantial AU$220 million through a placement of new shares to institutional and sophisticated investors.,Focused on Underground Development,: Funds will primarily support underground mi...

 MNB Shares Surge 9.72% on Cabinda Fertiliser Plant Construction Contract

MNB Shares Surge 9.72% on Cabinda Fertiliser Plant Construction Contract

December 05, 2024 02:17 PM AEDT| By Team Kalkine Media

Highlights,Contract Signed,: Minbos Resources finalizes a $6.7 million civil construction contract for the Cabinda Phosphate Fertiliser Plant.,Immediate Mobilization,: Siteworks to begin this month, targeting a May 2025 completion date.,Strategic Exp...

 NewPeak Metals Expands Critical Minerals Portfolio with Vanadium Acquisition, Shares Surge 27%

NewPeak Metals Expands Critical Minerals Portfolio with Vanadium Acquisition, Shares Surge 27%

December 05, 2024 01:07 PM AEDT| By Team Kalkine Media

Highlights,Allaru Vanadium Acquisition:,Binding agreement with AusVan Battery Metals Pty Ltd secures a 1,498 sq. km project in Queensland’s Julia Creek vanadium province, with an inferred resource of 710 million tonnes of vanadium.,Critical Minerals...

 Titan Minerals Secures $20 Million for Dynasty Silver-Gold Project

Titan Minerals Secures $20 Million for Dynasty Silver-Gold Project

December 05, 2024 01:05 PM AEDT| By Team Kalkine Media

Highlights:,Funding and Placement Details,:,Titan Minerals (,ASX:TTM,) has secured $20 million in funding commitments through a placement at $0.44 per share, a discount to its recent trading price, with new shares to be issued on December 10.,Dynasty...

 Titan Minerals Secures $20M Funding for Ecuador’s Dynasty Project, Shares Slip 12%

Titan Minerals Secures $20M Funding for Ecuador’s Dynasty Project, Shares Slip 12%

December 05, 2024 01:04 PM AEDT| By Team Kalkine Media

Highlights,$20M Funding Secured:,Placement priced at 44 cents per share, with shares to go live on 10 December 2024.,Focus on Dynasty Project:,Dynasty boasts a JORC resource of 3.1 million ounces of gold and 22 million ounces of silver.,Aggressive Gr...

 Magnetic Resources Achieves Strong Gold Recoveries at Lady Julie North 4 Project

Magnetic Resources Achieves Strong Gold Recoveries at Lady Julie North 4 Project

December 05, 2024 12:53 PM AEDT| By Team Kalkine Media

Highlights,Strong Recoveries:,Gold recovery rates averaged more than 91% for all oxidation states across seven test composites.,Improved Processes:,Flotation and fine grinding enhanced recovery by 4-8% for Fresh Core and Fresh South composites.,Posit...

 Novo Resources Shares Soar 37% After Strengthening Financial Position with Key Asset Sales

Novo Resources Shares Soar 37% After Strengthening Financial Position with Key Asset Sales

December 05, 2024 12:50 PM AEDT| By Team Kalkine Media

Highlights,San Cristobal Stake Sale:,Novo sold 38% of its stake in San Cristobal Mining, generating gross proceeds of $11.5 million, leaving a remaining shareholding valued at $19 million.,Strong Financial Position:,Novo now holds $16.7 million in ca...

 Cyprium Metals Rejects Buyout Offer; Shares Surge 26.3%

Cyprium Metals Rejects Buyout Offer; Shares Surge 26.3%

December 05, 2024 12:43 PM AEDT| By Team Kalkine Media

Key Highlights,Offer Details:,Appian Capital proposed an indicative, non-binding offer (NBIO) of A$0.035 per share in cash to acquire Cyprium.,Board Decision:,Cyprium’s board rejected the NBIO, stating it undervalued the company’s assets and was not...

 Magnetic Resources (ASX:MAU) Reports Over 91% Gold Recovery at Lady Julie North 4  Highlights:

Magnetic Resources (ASX:MAU) Reports Over 91% Gold Recovery at Lady Julie North 4  Highlights:

December 05, 2024 12:37 PM AEDT| By Team Kalkine Media

Highlights:,Strong Gold Recovery Rates:,Metallurgical testing at Lady Julie North 4 (LJN4) by Magnetic Resources NL (,ASX:MAU,) achieved an average gold recovery of over 91% across seven composites, regardless of oxidation states.,Enhanced Recovery t...

 Pioneer Lithium Explores Promising Drilling Targets at Root Hill Lake Project

Pioneer Lithium Explores Promising Drilling Targets at Root Hill Lake Project

December 04, 2024 06:23 PM AEDT| By Team Kalkine Media

Highlights,Pioneer Lithium identifies multiple lithium-rich targets at Root Hill Lake.,Sampling reveals grades up to 2.95% Li2O and 3,530ppm lithium in channels.,Extensive trenching and stripping provide valuable geological insights.,Pioneer Lithium...

 Surefire Resources Unveils Encouraging Gold Intercept at Yidby Project

Surefire Resources Unveils Encouraging Gold Intercept at Yidby Project

December 04, 2024 05:48 PM AEDT| By Team Kalkine Media

Highlights,Surefire Resources (SRN) reports promising 20m drill intercept at 1.73g/t gold at Yidby Project, WA.,Exploration focused on establishing a shallow open-cut gold mine with heap leach operations.,Mineralisation trends show potential for cont...

 Cauldron Energy Strengthens Its Portfolio with New Share Issuance

Cauldron Energy Strengthens Its Portfolio with New Share Issuance

December 04, 2024 03:24 PM AEDT| By Team Kalkine Media

Highlights,Cauldron Energy issues new ASX-listed shares,.,Conversion of securities aligns with financial strategies,.,Reflects ongoing company growth initiatives,.,Cauldron Energy (ASX:CXU) has announced the issuance of fully paid ordinary shares, ma...

 Rosewood Discovery Propels Petratherm to New Heights with Over 70% Surge

Rosewood Discovery Propels Petratherm to New Heights with Over 70% Surge

December 04, 2024 02:17 PM AEDT| By Team Kalkine Media

Highlights,Petratherm,(PTR) records a remarkable rise following Rosewood exploration results.,Initial findings reveal heavy mineral concentrations including Leucoxene and Rutile.,Further drilling and detailed assays expected in the coming weeks.,Petr...

 Polymetals Resources Advances Towards Endeavor Silver-Zinc Mine Revival

Polymetals Resources Advances Towards Endeavor Silver-Zinc Mine Revival

December 04, 2024 02:15 PM AEDT| By Team Kalkine Media

Highlights,Polymetals,Resources (POL) progresses rapidly on the Endeavor Silver-Zinc Mine redevelopment,.,Key surface and underground refurbishments are on schedule for a 2025 production restart,.,Strategic restructuring and recruitment efforts pave...

 IRIS Metals (ASX:IR1): Insider Activity Sparks Mixed Sentiments Amid Stock Performance

IRIS Metals (ASX:IR1): Insider Activity Sparks Mixed Sentiments Amid Stock Performance

December 04, 2024 02:03 PM AEDT| By Team Kalkine Media

Highlights,Insider selling occurred earlier at prices lower than current levels.,Insider ownership stands at 38%, reflecting moderate alignment with shareholders.,Recent insider purchases were minimal but lacked any selling activity.,IRIS Metals (ASX...

 Aldoro Resources' Share Price Jumps 31.9% on Strong Niobium Results from Kameelburg Carbonatite

Aldoro Resources' Share Price Jumps 31.9% on Strong Niobium Results from Kameelburg Carbonatite

December 04, 2024 01:30 PM AEDT| By Team Kalkine Media

Highlights,31.9% surge in ARN shares,on 4 December 2024, following the release of promising niobium assay results.,High-grade niobium zones,identified with an average grade of 0.77% Nb₂O₅, including a 70m intersection at 1.0% Nb₂O₅.,Strategic commodi...

 Angola’s Mineral Boom: A Gateway for Resource Exploration

Angola’s Mineral Boom: A Gateway for Resource Exploration

December 04, 2024 01:23 PM AEDT| By Team Kalkine Media

Highlights,Angola,emerges,as a key player for resource exploration with growing investor interest.,Companies like (MNB), (TYX), and others explore Angola's mineral-rich opportunities.,Improved infrastructure, governance, and global partnerships fuel...

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