Stock Market

Here’s why OZ Minerals (ASX:OZL) has adjusted its gold outlook

Quarterly report

Highlights  The miner’s copper production during the quarter was 33,749 tonnes, significantly up from the previous quarter. The gold production guidance for the financial year 2021 has been upgraded to the range of 220,000-243,000 ou...

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Allegiance (ASX:AHQ) is now a ‘diversified’ coal producer

Allegiance (ASX:AHQ) is now a ‘diversified’ coal producer

Highlights Allegiance Coal Limited announced the acquisition of Short Creek Mine. AHQ completes the placement of AU$30 million with institutional and professional shareholders. The acquisition makes Allegiance a producer of range of coals. ...

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Archer Materials (ASX:AXE) is ‘well capitalised’ & debt-free. Here’s how

Archer Materials (ASX:AXE) is ‘well capitalised’ & debt-free. Here’s how

Highlights Archer Materials has termed the past Quarter as extremely important in its history as Archer transitioned to a pure-play deep technology company. In the first quarter Activities Report, the Company has reported Significant technologi...

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Why is South32 (ASX:S32) on investors’ radar today

Why is South32 (ASX:S32) on investors’ radar today

Highlights In its September quarterly report, South32 has shared that its operating performance has further strengthened the Company’s financial position. South32 informed that it has achieved record production at South Africa Manganese a...

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BlueScope (ASX:BSL) raises earnings guidance; 3 key reasons

BlueScope (ASX:BSL) raises earnings guidance; 3 key reasons

Highlights BlueScope Steel announced an increase in its earnings guidance for the first half of the financial year 2022 on strong demand for its products and commodity prices. The company now expects earnings before interest and tax (EBIT) for ...

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Rio (ASX:RIO) unveils strategy to cut carbon emissions

Rio (ASX:RIO) unveils strategy to cut carbon emissions

Highlights Rio Tinto stated that the deployment of the Rio Tinto Safe Production System is in progress to ensure that the Company recaptures its position as Best Operator. The Company will increase its investment in the Research and development...

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BHP and Wyloo lock horns over Noront takeover

BHP and Wyloo lock horns over Noront takeover

Highlights BHP Group has sweetened its acquisition offer for Noront Resources. The increased offer of BHP represents a premium of 7% over Wyloo’s offer of C$0.70 per share on 18 October 2021 One of the world’s leading resource ...

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Pilbara Minerals (ASX:PLS) strikes a ‘Power Purchase Deal’

Pilbara Minerals (ASX:PLS) strikes a ‘Power Purchase Deal’

Highlights Pilbara Minerals has signed a “Power Purchase Agreement” with Contract Power Australia. The 15-year contract has been awarded to construct, operate and maintain a 6MW solar array. Backed by the same, the stock PLS closed...

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QMines (ASX:QML) acquires additional 50 acres of freehold land

QMines (ASX:QML) acquires additional 50 acres of freehold land

  • October 19, 2021 07:33 PM AEDT
  • Ritwika

Highlights QMines executes its growth strategy of acquiring further 50acres of freehold land situated adjacent to Mt Chalmers mine.  The acquisition allows QML to carry out unrestricted exploration and drilling.  The share prices of ...

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Silver Lake (ASX:SLR) delivers record quarterly production at Deflector region

Silver Lake (ASX:SLR) delivers record quarterly production at Deflector region

  • October 19, 2021 04:22 PM AEDT
  • Ritwika

Highlights Silver Lake reports 31,033 ounces of gold and 251 tonnes of copper production at deflector in the last quarter. SLR reports 33,914 ounces of gold production at Mount Monger.  The company currently holds a substantial cash reser...

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BHP’s Sept quarter suffers from maintenance activities & labour shortage

BHP’s Sept quarter suffers from maintenance activities & labour shortage

Highlights BHP Group (ASX:BHP) has released its September quarterly ending report on Tuesday. The group has posted near-decade high annual results in August 2021. The miner’s iron ore production from the fully owned Western Australia ass...

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