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Resources
Notable Development for Comet Resources : Strong Endorsement Received for Barraba Project Acquisition
February 18, 2020 06:10 PM AEDT| By Team Kalkine MediaAustralian-headquartered mineral explorer, Comet Resources Limited (ASX:CRL) has recently received a strong endorsement by way of firm commitments for the proposed $2 million capital raising for the acquisition of Barraba Copper Project. In addition...
Lake Resources’ Lilac Plant to Process 5,000 Litres of Brines Ahead of Kachi Test Work
February 18, 2020 02:27 PM AEDT| By Team Kalkine MediaLithium explorer and developer, Lake Resources NL (ASX: LKE) has announced that replicate samples of 5,000 litres is being used in the testing and commissioning process of ion-exchange pilot plant module before the arrival of ~20,000 litres of Kachi...
Kachi Project - Assessing Requisites for Lake Resources’ Future Production
February 17, 2020 09:44 PM AEDT| By Team Kalkine MediaAustralian listed lithium explorer and developer, Lake Resources NL (ASX: LKE) owns 100% of Kachi Lithium Brine Project, covering 37 mining leases worth 70,400 hectares in Catamarca province, NW Argentina. Interestingly, it is one of the few assets i...
Drilling Contractors Appointed; Krakatoa Resources to Kickstart Drilling in Porphyry Discovery Epicentre
February 17, 2020 08:53 PM AEDT| By Team Kalkine MediaAustralian explorer in the Lachlan Fold Belt, Krakatoa Resources Limited (ASX: KTA) is ready to get its drilling operations off the ground after the company has finalised the drilling contractor. One of the eminent local contractors, Durock Drilling...
Regis Production Cost Surmounts, While SAR Stands Tall; Halted Gold Rally To Impact the Shine?
February 17, 2020 06:49 PM AEDT| By Team Kalkine MediaIt looks like gold is facing some difficult time in crossing its crucial resistance level of USD 1,600 per ounce, which is making the up-ride of ASX gold stocks slightly bumpy. While the ASX gold stocks are under a bull run; however, seeing some whip...
OceanaGold and FAR Performance and Stock Price Volatility
February 17, 2020 02:52 PM AEDT| By Team Kalkine MediaThe valuation, earnings, and progress of a company vary with the volatility of the commodity prices. At the advent of global uncertainty, some commodities such as copper or oil and gas witness their price fall due to the economic slowdown, whereas go...
IMO 2020- A Double Edge Gizmo for Woodside Petroleum and Caltex Australia
February 14, 2020 11:35 PM AEDT| By Team Kalkine MediaThe energy industry is taking a turn around with new maritime regulations in place. The IMO 2020 has turned the table for energy stocks by encouraging the shipping industry to look for alternative fuels such as gas, thereby propelling its demand; and...
A Breakthrough for Kingwest, Pericles Gold Resource Nearly Doubles at Menzies Gold Project
February 14, 2020 11:10 PM AEDT| By Team Kalkine MediaIn a significant development, Australian-headquartered mining and exploration firm, Kingwest Resources Limited (ASX:KWR) has recently announced an updated MRE (Mineral Resource Estimate) for the Pericles Prospect at its Menzies Gold Project or MGP....
AGL Sails Despite Market Challenges; Says Operating Headwinds To Persist
February 14, 2020 02:42 PM AEDT| By Team Kalkine MediaElectricity demand in the domestic market is greater than ever in the wake of higher than anticipated temperature rise across the continent. While an average consumer is not paying any less bill for quite some time, the energy companies are in a conu...
Free Cashflow Declines For Newcrest Post Red Chris Stake; West African Expects Early Gold Pour
February 13, 2020 11:45 PM AEDT| By Team Kalkine MediaGold has been the hot commodity from past few quarters, with prices rallying from USD 1,266.25 (low in May 2019) to the present high of USD 1,611.52 per ounce (high in January 2020) to mark a price appreciation of ~ 27.27 per cent. Also Read: Gold t...
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OZ Minerals- The Emerging Low-Cost Copper-Nickel Producer in Australia
February 13, 2020 02:35 PM AEDT| By Team Kalkine MediaThe resource sector is waking shoulder-to-shoulder with the S&P/ASX 200 and demonstrating strong performance. The resource companies on ASX such as OZ Minerals Limited (ASX:OZL) with a market cap of ~ $3.35 billion seems to be strongly po...
PFS Results for Cassini Resources’ Cu-Ni Project Confirm Excellent Economics
February 13, 2020 01:34 PM AEDT| By Team Kalkine MediaOn 12 February 2020, base and precious metals developer & explorer, Cassini Resources Limited’s (ASX:CZI) JV partner OZ Minerals Limited (ASX:OZL) released results of the Pre-Feasibility Study (PFS) for Nebo-Babel deposits at the flagship W...
High-Grade Gold Mineralisation Open at Depth at Menzies Gold Project, Confirms Kingwest
February 12, 2020 08:11 PM AEDT| By Team Kalkine MediaAustralian-headquartered mining and exploration player, Kingwest Resources Limited (ASX:KWR) has recently reported the continuation of open high-grade gold mineralisation at depth throughout the Menzies Gold Project (MGP), which is one of Western Aus...
Half Yearly Bells Ring for Beach Energy and Northern Star
February 11, 2020 11:02 PM AEDT| By Kunal SawhneyThe oil market and precious metals are maintaining their inverse relationship with crude oil prices tumbling down across the international market amid oversupplied conditions and weak demand, while on the other hand, gold prices are surging due to in...
MDI Successfully Completes AC Drilling Program at Sandstone, To Initiate RC Program this Week
February 11, 2020 03:57 PM AEDT| By Team Kalkine MediaWith the successful completion of an initial aircore drilling program late in January, the Australian gold explorer Middle Island Resources Limited (ASX:MDI) is commencing a substantial ~12,800m, multi-rig, reverse circulation (RC) drilling campaign...
Analogy of Gold Price and Gold Stocks - RMS, SAR, EVN, TBR
February 11, 2020 02:48 PM AEDT| By Team Kalkine MediaGold as a safe haven asset has been the parameter to gauge the global uncertainty. S&P/ASX All Ordinaries Gold (XGD), prices increased by 60% last year from A$5447.993 on 2 Jan 2019 to a maximum of A$8730.165 on 8 August 2019, perhaps attributab...
Lake Resources’ Capital Raising Program: A Boost to Kachi Lithium Project
February 10, 2020 07:02 PM AEDT| By Team Kalkine MediaTo close out the convertible securities funding facility, Lake Resources NL (ASX: LKE) announced to raise a total fund of A$3.5 million via private placement and Share Purchase Plan (SPP) to the eligible shareholders. The move is intended to increase...
Material Sector Players Continue to Explore and Develop Prospects- Aurelia and Alta Leaving no Stone Unturned
February 10, 2020 06:07 PM AEDT| By Team Kalkine MediaAustralia, as we know, is one of the largest material suppliers across the globe due to its high natural resources. Every major commodity from metals to gas flows from Australia to land across the international market, which makes the continent a cro...
Cobalt and Battery Metals Rush; Sconi Cobalt Prospect the Australian Ace?
February 07, 2020 07:49 PM AEDT| By Hina ChowdharyAustralian battery metals mining companies are on a bull run over improved demand for battery metals from the EV industry. While lithium mining companies such as Orocobre Limited (ASX:ORE), Pilbara Minerals Limited (ASX:PLS), Galaxy Resources Limited...
Yarawindah Brook Ni-Cu-Co Project: Another Gem in Cassini Resources’ Crown
February 07, 2020 02:26 PM AEDT| By Team Kalkine MediaThe hype around the electric mobility and battery materials which earlier seem like a bubble has now already started to shape up on the ground in the current market conditions. The market share of electric vehicles is increasing in almost all major.....
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