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Metal and mining
Vulcan’s (ASX:VUL) revenue jumps by 34% in FY22
April 26, 2022 05:20 PM AEST| By Aditi SahaHighlights Vulcan’s overall income grew 34% year on year (yoy) to nearly NZ$700 million in the nine months ended 31 March 2022. Vulcan’s revenue from the steel sector rose by 42% yoy, while revenue from the metal sector increased by...
Sayona Mining (ASX:SYA) shares gain on projects update
April 22, 2022 01:05 PM AEST| By Bhawna Guptacompleted. Sayona Mining Ltd (ASX:SYA) said today (April 22) that Morella Corporation Limited (ASX:1MC) has provided an update on exploration activities being undertaken at both the Mallina Lithium Project (E47/2983) and Mt Edon Lithium Project....
Allkem (ASX:AKE) up over 7% on plans to boost lithium produce
April 14, 2022 11:23 AM AEST| By Sukriti NairAustralian lithium miner, Allkem Limited (ASX:AKE), has shared its March 2022 quarterly activities report today on the ASX. In the reported March quarter, Allkem’s group revenue is reported to be US$235 million. Also, group's gross operat...
Another green move by Fortescue? Forrest buys three cattle stations in WA
April 06, 2022 07:13 PM AEST| By Arpit VermaHighlights Andrew Forrest has purchased three cattle stations in Western Australia's northwest to generate renewable energy. Mr Forrest has made massive investments in the rapidly growing hydrogen energy through its green power arm, Fortescue F.....
Paladin Energy (ASX:PDN) share closes 3% lower on SPP opening
April 06, 2022 05:13 PM AEST| By Sukriti NairHighlights Paladin Energy’s shares plunged over 3% as it opens its SPP today (6 April 2022) Paladin is seeking to raise up to AU$15 million (pre-costs) under the current SPP. SPP available to all Paladin Energy shareholders having a regi.....
Syrah (ASX:SYR) announces FID on solar battery system
April 06, 2022 03:00 PM AEST| By SamtaHighlights Syrah has approved Balama solar and battery system final investment decision (FID). The solar and battery system is anticipated to reduce the global warming potential of Balama natural graphite products. SYR expects C1 cost savings .....
Rising global lithium demand to increase MinRes’ (ASX:MIN) output
April 05, 2022 06:34 PM AEST| By SamtaHighlights The global demand for lithium has soared in robust electric vehicle market conditions. Mineral Resources will be increasing output to meet the soaring global demand for lithium products. MInRes will increase its production f.....
Newcrest Mining (ASX:NCM) flouts falling gold, begins the week higher
April 05, 2022 06:11 PM AEST| By Sukriti NairHighlights Gold prices have fallen further, continuing last week’s decline. Newcrest Mining shares have begun the week higher against the gold price pull back. NCM share price has gone up without any price sensitive announcements. G.....
Why has Cobalt Blue's (ASX:COB) share price skyrocketed 55% in a month?
April 05, 2022 03:24 PM AEST| By Aditi SahaHighlights The share price of Cobalt has surged 175% in one year. Cobalt's shares have also locked up significant gains for 2022. Cobalt recently provided an update on its mining activities. Shares of exploration firm, Cobalt Blue H.....
Why are Lynas (ASX:LYC) shares grabbing investors’ attention today?
April 05, 2022 02:31 PM AEST| By RitwikaHighlights Lynas shares gained 72% in a year, backed by consistent earnings generated by the company. The company reported an NPAT of AU$156.9 million and revenue of AU$314.8 million in H1 FY22. The company recently signed another agreement wi.....
Sayona (ASX:SYA) shares are trading 6% higher today, here's why
April 05, 2022 01:05 PM AEST| By Bhawna GuptaHighlights Lithium producer Sayona has got confirmation of the quality of its Authier spodumene product. The company’s shares were trading 6.06% higher today at AU$0.35 each. Sayona Mining, a lithium producer, has projects in Québ.....
Carnaby (ASX:CNB) shares spurt on excellent exploration results
April 04, 2022 07:02 PM AEST| By Sonal GoyalHighlights Carnaby shares closed 17.813% high on the ASX today (4 April 2022). Carnaby has shared updates on new diamond and RC results at the Greater Duchess Copper-Gold project. The drilling continues at the greater Duchess Copper-Gold proje.....
Sayona Mining (ASX:SYA) shares up by 687% in past year. Here’s why
April 04, 2022 06:24 PM AEST| By Sonal GoyalHighlights Sayona has shared an update regarding the quality of Authier spodumene product. NOVONIX conducted the testing of Authier spodumene. Sayona officially joined S&P/ASX 300 index, said the company in a statement. ASX-listed lit.....
Ionic Rare Earths (ASX:IXR) takeovers Seren Technologies, shares gain
April 04, 2022 11:32 AM AEST| By RitwikaHighlights Ionic Rare Earths completes due diligence for acquiring Seren Technology today. Seren Technology will offer technical support to IXR to improve its rare earth elements production business. IXR’s share price gains over 7% on th...
Here’s why Iluka Resources (ASX:ILU) shares gain on ASX today
April 04, 2022 11:24 AM AEST| By Priyanka PayalHighlights Iluka Resources Limited has secured the board approval for Eneabba rare earths refinery construction. Today, the shares of Iluka Resources were spotted trading 6.684% higher at AU$12.290 per share on ASX at 10.10 AM AEST. The compan.....
Here’s why Neometals (ASX:NMT) shares ended in green today
April 01, 2022 08:12 PM AEDT| By Priyanka PayalHighlights Neometals’s shares closed 10.511% higher at AU$1.945 per share on ASX today. The S&P/ASX 300 Metals and Mining Index (ASX:XMM) ended 1.695% higher at AU$6460.200 points on Friday. The ASX-listed miners which reached record.....
Whitehaven (ASX:WHC) shares gain after on-market buyback update
April 01, 2022 05:48 PM AEDT| By Priyanka PayalHighlights Whitehaven Coal Limited confirms that its on-market share buyback of roughly 10% of shares is progressing well. Whitehaven shares traded 0.963% higher at AU$4.190 per share on ASX at 3:41 PM AEDT. The S&P/ASX 200 Energy (ASX:XEJ.....
WA Kaolin (ASX:WAK) signs 3-year offtake agreement in Vietnam
April 01, 2022 02:30 PM AEDT| By SamtaHighlights WAK has secured a 3-year offtake agreement with a distributor in Vietnam's ceramic and paint market. The company will soon start production for Stage 1 at the Wickepin Kaolin Project. WAK shares have gained over 13% over the last 12.....
Paladin (ASX:PDN) launches AU$200M equity raise, enters trading halt
March 31, 2022 07:57 PM AEDT| By SamtaHighlights Uranium miner Paladin Energy has executed a capital raise to restart production at Namibia based uranium mine. The company has entered trading halt amid the capital raise announcement. PDN shares have gained over 83% in last 12 mont.....
Culpeo (ASX:CPO) shares explode 260% today on first drillhole at Chile Project
March 30, 2022 06:17 PM AEDT| By Bhawna GuptaHighlights Culpeo recently agreed to acquire up to 80% of the Lana Corina Project. Today, the company shared that drilling is underway at its Lana Corina Project in Chile. On the back of the news, the company's shares ended 104% higher today a.....
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