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Sims (ASX:SGM) releases FY22 earnings guidance; how are shares faring?
June 08, 2022 10:58 AM AEST| By AshishHighlights Sims has already shared a robust outlook for the given fiscal. The underlying EBIT is likely to be in the range of AU$750 million to AU$770 million. Sims attributed the improvement in results over FY21 to higher metal...
S&P/ASX 200 Resources Index offers steep 52-week return to that of S&P/ASX200
June 07, 2022 05:24 PM AEST| By Arpit VermaThe S&P/ASX 200 Resources Index (AXJR) offered a YTD return of 12.38%, as of Friday. On Monday, the resource index that tracks the performance of major energy and metals & mining companies of Australia dipped 0.23% to exchange hands at 6,02.....
Why is Perenti (ASX:PRN) making headlines today?
June 07, 2022 03:06 PM AEST| By RitwikaThe shares of Perenti Global Limited (ASX:PRN) were spotted trading 16.187% higher at AU$0.807 per share at 10:39 AM AEST on the ASX today (7 June). More than 3.7 million shares of Perenti were traded within the short span of time after the A.....
How did Sayona Mining (ASX:SYA) shares perform last week?
June 07, 2022 02:14 PM AEST| By Bhawna GuptaEmerging lithium producer Sayona Mining Limited (ASX:SYA) shares have been falling for quite some time now. In its last trading, the company's shares closed flat at AU$0.170 each as there was no change from its previous closing price. Today, the s.....
Meet ASX copper player whose share price is up 185% in a month
June 06, 2022 05:48 PM AEST| By Sukriti NairCopper has witnessed a healthy price action on back of surging demand from EV and chip manufacturers. Global copper smelting activities have increased in May due to the Chinese market rebound. With Shanghai coming out of lockdowns, the market experts...
Why is BHP Group (ASX:BHP) on investors’ radar
June 06, 2022 12:57 PM AEST| By Sukriti NairHighlights BHP share price has garnered a lot of attention on the ASX lately, thanks to merger with Woodside. While BHP share price is down 0.09% in a month, it has advanced 5% in last five trade days. Global resources giant BHP Group Limi.....
Liontown (ASX:LTR) & Tesla execute binding offtake agreement
June 06, 2022 10:18 AM AEST| By Sukriti NairAustralian battery minerals explorer, Liontown Resources Limited (ASX:LTR), shared via an ASX announcement today, that it has completed negotiations with electric vehicle manufacturer Tesla Inc. for executing a definitive full-form offtake agreemen.....
From GAL to ARL: Five ASX battery metal shares with over 100% YTD gains
June 04, 2022 12:15 AM AEST| By Ashishing stocks. With the ‘Green Energy’ theme echoing all across the world, shares of battery metals companies have increasingly come on investors’ radar. The battery and electrification firms have gained handsomely in the recent p...
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...
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