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Metal and mining
BHP to SFR: ASX copper stocks on radar amid dwindling supply
June 03, 2022 06:56 PM AEST| By Nitish KumarShanghai is open for business again. The two-month-long lockdown has been lifted from the Chinese financial capital. To pick up the pace and give stimulus to the economy, the Chinese government has announced a package of 33 measures. The effect of.....
3 ASX copper stocks in focus as red metal rallies on China demand hopes
June 03, 2022 02:54 PM AEST| By AshishHighlights Copper prices have risen on the back of China easing its zero-COVID-19 strategy. Shanghai copper prices rose on Thursday, buoyed by hopes of demand recovery. According to experts, copper prices are expected to inch h...
Why are BHP (ASX:BHP) and Woodside (ASX:WDS) shares in news today?
June 02, 2022 06:37 PM AEST| By Priyanka PayalThe shares of ASX-listed Australian multinational mining and petroleum company BHP Group Limited (ASX:BHP) closed 0.087% lower at AU$45.610 per share on ASX today. BHP shares have been in focus after the company announced its petroleum business's m.....
Novonix (ASX:NVX) shares buzzed in red today; here’s why
June 02, 2022 06:29 PM AEST| By RitwikaThe shares of Novonix Limited (ASX:NVX) closed 1.400% lower at AU$3.520 per share on the ASX today (2 June). More than 3.1 million shares of Novonix were traded during the entire trading session on the ASX today. The share price movement of the AS.....
Marquee (ASX:MQR) inks lithium partnership with MinRes (ASX:MIN)
June 02, 2022 05:26 PM AEST| By Sonal GoyalAustralian mineral explorer, Marquee Resources Limited (ASX:MQR) shared via an ASX-announcement that it has signed a binding term sheet with Mineral Resources Limited (ASX:MIN), Western Australian headquartered mining company. While MQR ended toda.....
Pilbara (ASX:PLS) appoints new MD and CEO; shares gain
June 02, 2022 01:17 PM AEST| By RitwikaHighlights Pilbara began trading on a positive note on Thursday morning after closing almost 22% lower on the previous day. The reason behind the share price push was the appointment of a new Managing Director and CEO. Dale Henders.....
Pilbara Minerals (ASX:PLS) sheds off more than 22%; here's why
June 01, 2022 07:42 PM AEST| By RitwikaThe shares of Pilbara Minerals Limited (ASX:PLS) closed 22.033% lower at AU$2.300 per share on the ASX today (1 June). Approximately 128 million shares of Pilbara Minerals were traded in today's trading session on the ASX. The ASX-listed lit.....
Why are Sayona Mining (ASX:SYA) shares trading in red today?
June 01, 2022 03:22 PM AEST| By Bhawna GuptaShares of Sayona Mining Limited (ASX:SYA) plunged on Wednesday (1 June 2022) and were trading at AU$0.187 each, down 14.77% on ASX at 2.17 PM AEST. The ASX 200 Index was 0.089% or 6.40 points up at 7,217.60 at 2.25 PM AEST. Sayona did not provide .....
Fortescue (ASX:FMG) sheds off almost 7% in May; here’s why
May 31, 2022 03:04 PM AEST| By RitwikaHighlights Fortescue’s share price movement was highly influenced by the sliding prices of iron ore in May 2022. Fortescue’s March quarter update is also somewhat responsible for the share price movement of Fortescue. .....
Liontown Resources (ASX:LTR) shares traded in green today, here’s why
May 30, 2022 03:45 PM AEST| By Priyanka PayalHighlights Liontown and Tesla have agreed to extend the termination date for a binding offtake term sheet signed between them to 6 June 2022. The deal concerned the supply of lithium spodumene concentrate from Liontown Resources’ Kathleen...
Capricorn Metals (ASX:CMM) to acquire Mumbakine Project of Gascoyne (ASX:GCY)
May 30, 2022 12:56 PM AEST| By Sonal GoyalHighlights Capricorn will be acquiring Mumbakine Well Project for AU$1.25 million. Capricorn’s existing Karlawinda Gold Project is situated near the Mumbakine Well Project. Capricorn expects to complete transaction by end of June 2022. .....
Gold Road (ASX:GOR) shares gain on improved takeover bid for DGO
May 30, 2022 11:42 AM AEST| By Sukriti NairGold explorer and miner, Gold Road Resources Limited (ASX:GOR), has announced an improved share offer consideration to DGO Gold Limited shareholders. Gold Road had made a conditional, off‑market, takeover bid to DGO on 4 April 2022, offering 2.16...
Here's why Core Lithium (ASX:CXO) shares gained 422% in a year
May 27, 2022 07:06 PM AEST| By RitwikaMay. The shares of Core Lithium Ltd (ASX:CXO) closed 1.953% higher at AU$1.305 per share on the ASX today (27 May). More than 18 million shares of Core Lithium were traded during the entire trading session on the ASX today. The sha....
Sayona Mining (ASX:SYA) shares gain on funding commitments
May 27, 2022 04:41 PM AEST| By Bhawna GuptaHighlights Sayona has received commitments to raise AU$190 million funding. The company has hired Salvatore Vitare as its new (CFO) as part of a restructured corporate structure. Anne Blier and Carl Corriveau have been named vice-presidents, e...
Galileo Mining (ASX:GAL) shares zoom over 26% today, here’s why
May 27, 2022 02:10 PM AEST| By Bhawna GuptaShares of Galileo Mining Ltd (ASX:GAL) skyrocketed today (27 May 2022) gaining 26.95% to trade at AU$1.79 apiece on ASX at 12.53 PM AEST. This rise in share price follows an announcement by the company as Galileo informed on Friday (27 May 2022) t.....
Why did Novonix (ASX:NVX) shares gain over 67% in a year?
May 27, 2022 12:45 PM AEST| By RitwikaHighlights Novonix’s director Trevor St Baker AO, decides to retire from the board of Novonix immediately. Novonix is garnering investors’ attention due to the rising demand and prices of lithium worldwide. As a r.....
MNB, GSR, CNJ: Why these ASX mining shares rose over 19% yesterday
May 26, 2022 08:56 AM AEST| By Ashishts. The Australian share market ended Wednesday on a positive note, with ASX 200 settling 0.37% higher at 7,155.20. Even the ASX All Ordinaries index ended the day 0.25% higher. However, the overall stock market gains were paled by the stellar...
Superloop (ASX:SLC) acquires Acurus for AU$15 million; shares gain
May 25, 2022 02:43 PM AEST| By Khushboo JoshiHighlights Acurus is an Australian broadband firm. Superloop has picked up Acurus for AU$15 million. Acurus’ white label platform customers will be able to use Superloop’s high-speed network. Telecommunication giant, Superloop.....
Here’s why Lynas (ASX:LYC) shares are in news these days
May 25, 2022 01:47 PM AEST| By Bhawna GuptaHighlights On Tuesday, Lynas shares closed 0.42% higher at AU$9.54 each. The rise represents a 14% improvement since the stock rallied back from a six-month low of AU$8.37 on 10 May 2022. S&P/ASX 300 Metals & Mining Index also closed 0.....
Sayona Mining (ASX:SYA) share price in a trading halt, here's why
May 25, 2022 12:47 PM AEST| By Bhawna GuptaThe share price of Sayona Mining Ltd (ASX:SYA) has been struggling this week. The lithium stock has lost 28% of its value since the end of last week. This comes after releasing a dismal pre-feasibility study (PFS) for the North American Lithium (N.....
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