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Metal and mining
Petratherm Shares Surge 61% Following Maiden Drill Results at Rosewood Prospect
December 04, 2024 01:22 PM AEDT| By Team Kalkine MediaHighlights,Petratherm’s shares rise 61%,to 33 cents following promising drill results.,High Heavy Mineral concentrations,with rutile and leucoxene identified in the Rosewood Prospect.,Titanium mineralisation,in the Gawler Craton region, critical for...
Cobre Strikes High-Grade Copper Mineralisation at Botswana Project
December 04, 2024 01:19 PM AEDT| By Team Kalkine MediaHighlights,21-metre chalcocite-rich segment discovered,at the Ngami Copper Project on the Kalahari Copper Belt.,Copper grades increase to up to 5% chalcocite,near the footwall contact.,Discovery extends mineralisation strike,7.5 kilometres northeast...
Sumitomo Joins Rio Tinto in AU$615M Deal for Winu Copper-Gold Project
December 04, 2024 01:16 PM AEDT| By Team Kalkine MediaHighlights,Sumitomo Metal Mining acquires 30% stake,in Winu for AU$615 million.,Development partnership formed,to advance Winu and pursue other strategic metals opportunities.,Winu project holds estimated 503Mt resources,with a 40-year mine life proj...
Olympio Metals Sells Mulwarrie Project, Sets Sights on Canada
December 04, 2024 01:13 PM AEDT| By Team Kalkine MediaHighlights,Mulwarrie Project sold for $1.4 million,as Olympio shifts focus to Quebec, Canada.,Deferred $1M payment,tied to gold resource certification by Labyrinth Resources.,Dufay Project in Quebec,targeted for January drilling, exploring gold and c...
Killi Resources Uncovers Promising Mineralisation at Mt Rawdon West
December 04, 2024 01:10 PM AEDT| By Team Kalkine MediaHighlights,Drill results reveal a large mineralised system,featuring gold, silver, and copper over a 1.8-kilometer trend.,Strongest assay results,include 9.35 g/t gold, 95.1 g/t silver, and 3.7% copper.,Market reaction:,Shares fell 10.34% to 5.2 cent...
Coda Minerals Advances Key Metrics with Revised Study at Elizabeth Creek
December 04, 2024 12:30 PM AEDT| By Team Kalkine MediaHighlights,Coda Minerals (COD) releases an upgraded scoping study for Elizabeth Creek,.,Enhanced metrics include improved copper and silver recoveries,.,Development aims to,leverage,South Australia's active mining region,.,Coda Minerals (ASX:COD) has...
Olympio Metals Completes Mulwarrie Sale, Focuses on Canadian Exploration
December 04, 2024 12:05 PM AEDT| By Team Kalkine MediaHighlights,Olympio Metals (OLY) has completed the divestment of the,Mulwarrie,Gold Project,.,The company focuses on Canadian exploration, targeting its Dufay Copper-Gold Project,.,Labyrinth Resources (LRL),acquires,the project, offering immediate and...
BMG Resources (ASX:BMG) Begins New Drilling Campaign at Abercromby Gold Project
December 04, 2024 11:38 AM AEDT| By Team Kalkine MediaHighlights,BMG Resources (BMG),initiates,a new drilling program at its Abercromby gold project,.,The project hosts,518,000oz,of gold with significant growth potential,.,Drilling focuses on resource expansion and testing regional targets.,BMG Resource...
Rio Tinto Teams Up with Sumitomo to Advance Winu Copper-Gold Project in Australia
December 04, 2024 11:29 AM AEDT| By Team Kalkine MediaHighlights,Rio Tinto partners with Sumitomo for the,Winu,copper-gold project in Western Australia,.,Sumitomo secures a 30% stake in,Winu,for $615 million,.,Partnership aims to expand Rio Tinto’s footprint in copper, base metals, and lithium,.,Rio Tin...
Yuan Slips to Year-Long Lows Amid Yield Gaps and Tariff Concerns
December 03, 2024 04:13 PM AEDT| By Team Kalkine MediaHighlights,Offshore yuan reaches lowest level in over a year.,Pressure mounts due to yield gap and tariff threats.,Currency policies reflect impacts on the Australian dollar.,China’s yuan has weakened significantly, reaching its lowest level in over...
Nufarm Announces CFO Transition: Brendan Ryan to Take the Helm
December 03, 2024 02:34 PM AEDT| By Team Kalkine MediaHighlights,Nufarm announces leadership change with a new CFO.,Brendan Ryan to succeed Paul Townsend in the key financial role.,Townsend transitions to an advisory capacity after four years.,Nufarm (ASX:NUF) has announced a significant change in its l...
ASX Mining Shares Up After Surge in Chinese Iron Ore Futures
December 03, 2024 02:29 PM AEDT| By Team Kalkine MediaHighlights,Iron ore prices surge, lifting ASX mining stocks, with Fortescue and Mineral Resources leading the charge.,China's steel production growth drives optimism for iron ore, with export demand rising.,Analysts maintain a cautious outlook for ir...
Tempest Minerals (ASX:TEM) Unveils High-Grade Magnetite Discovery at Yalgoo Project
December 03, 2024 12:58 PM AEDT| By Team Kalkine MediaHighlights,Tempest Minerals (TEM) discovers high-grade magnetite at,Yalgoo,Project,.,Drilling reveals thick magnetite intercepts with iron grades over 30%,.,Company plans further testing, studies, and drilling initiatives,.,Tempest Minerals (ASX:TEM)...
Unveiling Promising Lithium Targets: Lightning Minerals' Breakthrough at Caraíbas
December 03, 2024 12:26 PM AEDT| By Team Kalkine MediaHighlights,Strong lithium targets,identified,at the,Caraíbas,project in Brazil,.,Soil assays reveal high lithium values, boosting exploration confidence,.,Groundwork sets the stage for drillable targets in the coming year,.,Lightning Minerals Ltd (AS...
Iluka Resources (ASX:ILU): A Look at Its Debt Position and Financial Health
December 03, 2024 11:21 AM AEDT| By Team Kalkine MediaHighlights,Iluka Resources (ILU),maintains,a net cash position despite rising liabilities,.,The company’s declining EBIT raises questions about debt sustainability,.,Low cash conversion from earnings highlights potential financial challenges.,Iluka R...
Exploration Era Begins at Cerro Bayo with Andean Silver's Largest Campaign in Over a Decade
December 03, 2024 11:20 AM AEDT| By Team Kalkine MediaHighlights,Andean Silver (ASL) launches a significant exploration initiative at Cerro Bayo,.,Advanced geophysical techniques aim to refine and expand high-potential zones,.,New mineral systems review enhances understanding of the project's prospectiv...
What’s Driving Core Energy Minerals’ Strategic Push in Uranium Exploration?
December 03, 2024 11:00 AM AEDT| By Team Kalkine MediaHighlights,Core Energy Minerals raises significant capital through a two-tranche placement, enhancing exploration efforts.,Leadership team brings substantial experience from previous ventures, supporting strategic growth.,Exploration initiatives are...
Northern Star Expands Portfolio with De Grey Mining Acquisition
December 02, 2024 03:06 PM AEDT| By Team Kalkine MediaHighlights,Northern Star (NST) to,acquire,De Grey Mining (DEG) under a scheme of arrangement,.,The acquisition includes the Hemi gold project, a large-scale gold development in Western Australia,.,The combined entity’s gold production is set to grow...
Larvotto Resources Advances Hillgrove Project with Antimony Offtake Agreement
December 02, 2024 02:45 PM AEDT| By Team Kalkine MediaHighlights,Larvotto,Resources (LRV) signs an offtake agreement for antimony,concentrate,from the Hillgrove Project,.,The agreement is supported by a significant prepayment facility to enhance ongoing development and exploration,.,Hillgrove Project ta...
Federal Approval Fuels Alchemy Resources’ Lithium Exploration at Roe Hills
December 02, 2024 02:20 PM AEDT| By Team Kalkine MediaHighlights,Alchemy Resources (ALY) secures Federal approval for lithium exploration joint venture,.,Agreement involves Japan Organization for Metals and Energy Security for Roe Hills project,.,Exploration to focus on prospective lithium deposits near...
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