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Metal and mining
Argosy Minerals Expands Resource at Rincon Lithium Project
November 12, 2024 01:53 PM AEDT| By Team Kalkine MediaHighlights,Argosy Minerals announces a substantial upgrade in the Rincon lithium resource estimate.,New tenements and expanded exploration targets in Argentina support the company’s growth plans.,Project covers over 86 sq km, bolstering lithium produ...
True North Copper to Resume ASX Trading After Successful Equity Recapitalisation
November 12, 2024 01:34 PM AEDT| By Team Kalkine MediaHighlights,True North Copper is set to relist on the ASX before Christmas following a successful equity recapitalisation.,The recapitalisation will help restructure the company, repay debt, and establish a new direction for growth.,True North’s asset...
Green Technology Metals Expands Drilling for Lithium at Root Project in Ontario
November 12, 2024 12:49 PM AEDT| By Team Kalkine MediaHighlights,Green Technology Metals advances 14,000m drilling at Ontario's Root Lithium Project.,Reports spodumene-rich intersections, some areas at 30%.,Phase two targets pegmatite extensions from 2023.,Green Technology Metals Ltd (ASX:GT1) is advanc...
Solis Minerals Confirms Widespread Copper in Initial Canyon Project Sampling
November 12, 2024 12:31 PM AEDT| By Team Kalkine MediaHighlights,Solis Minerals confirms copper presence in,initial,Canyon Project sampling,Samples,indicate,copper and molybdenum mineralization along a 400-meter strike,Follow-up exploration planned over a 25-kilometer strike and parallel zones,Solis Min...
South32 Expands into Copper with AU$33Mn Investment in Canadian Project
November 12, 2024 12:12 PM AEDT| By Team Kalkine MediaHighlights,South32 acquires a 19.9% stake in American Eagle Gold to bolster copper assets.,Investment aligns with South32's strategic focus on critical metals for energy transition.,American Eagle secures funding and validation for its NAK copper pro...
Sunstone Metals (ASX:STM) Announces Gold-Copper Find, Expands Bramaderos Project
November 12, 2024 11:37 AM AEDT| By Team Kalkine MediaHighlights,Sunstone Metals reveals new Copete porphyry, expanding,Bramaderos,’,mineralised,area.,Discovery highlights,Bramaderos,’ potential for a large-scale open-pit operation.,Partnership discussions are underway to accelerate exploration and proj...
Galileo Mining Advances Palladium and Nickel Exploration in Norseman Drilling Campaign
November 12, 2024 11:25 AM AEDT| By Team Kalkine MediaHighlights,Galileo Mining Ltd begins 5,000m drilling for palladium and nickel in Norseman.,Focus on Mission Sill and Jimberlana, near the Callisto resource.,Aims to explore new zones and regional mineralization.,Galileo Mining Ltd (ASX:GAL) has initi...
Metal Hawk Limited (ASX:MHK) Temporarily Halts Trading Ahead of Market Announcement
November 12, 2024 11:13 AM AEDT| By Team Kalkine MediaHighlights,Metal Hawk Limited temporarily halts trading.,ASX awaits company announcement before trading resumes.,Trading to resume by November 14, 2024, unless announced sooner.,Metal Hawk Limited (ASX:MHK), an emerging exploration company, has place...
Assessing S2 Resources (ASX:S2R) Cash Utilization and Financial Position
November 12, 2024 11:06 AM AEDT| By Team Kalkine MediaHighlights,S2 Resources’ cash runway suggests limited time for sustainable operations.,Cash burn increased by 18%, reflecting intensified business investment.,Potential need for capital raising may,impact,shareholder value.,S2 Resources (ASX:S2R) pre...
Institutional Influence on Regis Resources Limited (ASX:RRL) Amid Market Cap Shift
November 11, 2024 07:12 PM AEDT| By Team Kalkine MediaHighlights,Institutions hold 61% of Regis Resources, indicating strong external interest.,Despite an AU$121M market cap dip, shareholders saw a 43% one-year gain.,Van Eck and Dimensional Fund Advisors together control 52%.,Regis Resources Limited (AS...
Black Cat Syndicate Accelerates Production at Kal East Gold Operation
November 11, 2024 06:08 PM AEDT| By Team Kalkine MediaHighlights,Black Cat Syndicate Ltd is advancing production at Kal East Gold Operation ahead of schedule.,Over 110,000 tonnes of ore mined at Myhree/Boundary open pits by October 31.,Gold output from initial processing reached 4,100 ounces, boosting o...
Challenges Mount for Resolute Mining Amid Executive Detentions in Mali
November 11, 2024 05:46 PM AEDT| By Team Kalkine MediaHighlights,Resolute Mining's CEO and two executives detained in Mali amid government discussions.,Detentions highlight Mali's ongoing renegotiations in mining sector to increase state revenue.,Similar actions impacted Barrick Gold Corp in September o...
Evaluating BHP Group (ASX:BHP) Share Price: Key Financial Indicators
November 11, 2024 05:28 PM AEDT| By Team Kalkine MediaHighlights,BHP Group Ltd's revenue shows a slight downward trend over recent years.,BHP's debt-to-equity ratio reflects a healthy balance between debt and equity.,BHP's return on equity highlights efficient capital use despite profit declines.,BHP Gr...
Australia Makes Major Strides in Global Rare Earth Market with New Lynas Processing Plant in Kalgoorlie
November 11, 2024 03:58 PM AEDT| By Team Kalkine MediaHighlights,Australia’s First Rare Earth Processing Plant,: Lynas Rare Earths opens a facility in Kalgoorlie, marking Australia’s entry into the rare earth processing industry.,Strategic Move to Reduce China’s Influence,: The plant strengthens Austral...
Nagambie Resources Doubles Gold-Equivalent Resource at Victoria Deposit
November 11, 2024 03:56 PM AEDT| By Team Kalkine MediaHighlights,Nagambie,Resources reports a 110% rise in gold-equivalent (,AuEq,) estimates.,New resource estimate sees 30% ore tonnage increase for,Nagambie,Mine.,Upcoming drilling aims to further,validate,high-grade mineral content.,Nagambie Resources...
Resolute Mining Executives Detained in Mali Amid Royalties Dispute with Authorities
November 11, 2024 03:14 PM AEDT| By Team Kalkine MediaHighlights,CEO and executives of Resolute Mining detained over Mali,royalties,disagreement,Detentions follow recent efforts by Mali to renegotiate mining contracts under new code,Foreign mining firms facing increased scrutiny from Malian military gov...
Hot Chili Ltd Expands Costa Fuego Project with La Verde Copper Mine Acquisition
November 11, 2024 02:47 PM AEDT| By Team Kalkine MediaHighlights,Hot Chili Ltd is set to,acquire,La Verde copper mine in Chile.,La Verde is strategically,located,near Hot Chili’s Costa Fuego project.,Initial drilling confirms promising copper mineralization in La Verde.,Hot Chili Ltd (ASX:HCH) is making...
Pure Resources Secures Reedy Creek Garnet Project in WA, Eyes Production Potential
November 11, 2024 02:45 PM AEDT| By Team Kalkine MediaHighlights,Pure Resources,acquires,rights to Reedy Creek garnet project in Western Australia.,Initial tests reveal high-purity garnet, with trial mining scheduled soon.,Project aims to tap into Asian demand for industrial-grade garnet.,Pure Resources...
Prospech Ltd Uncovers High-Grade Heavy REEs in Historic Finnish Core Samples
November 11, 2024 01:58 PM AEDT| By Team Kalkine MediaHighlights,Prospech,Ltd finds high rare earth elements (REEs) in historical drill samples in Finland.,Korsnäs,project shows notable terbium (Tb) and dysprosium (Dy) levels.,Project has potential to support high-strength magnet industries like EVs.,Pr...
Incitec Pivot (ASX:IPL) Navigates FY24 with Mixed Results Amid Strategic Shifts
November 11, 2024 01:45 PM AEDT| By Team Kalkine MediaHighlights,Incitec,Pivot records a net loss of $311 million in FY24.,Underlying EBIT shows growth, with an 18% increase adjusted for key transactions.,Transformation strategies yield operational benefits and cost efficiencies.,Incitec Pivot (ASX:IPL)...
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