Why are St Barbara (ASX:SBM) shares grabbing spotlight today?

MACA Limited today (August 19) determined that the NRW’s takeover proposal is ‘not superior’ to the Thiess cash offer. NRW Holdings, on Thursday (18 August 2022) stated that smaller peer MACA has rejected its takeover offer.

Although there is no new information shared by the Ragusa Minerals (ASX:RAS) today, the rise in share price might be because of the overall Materials index.

Following the results, shares of Newcrest started the day on a positive note. AT 10.31 AM AEST, the shares were 3.94% up at AU$19.44 each on ASX today.

Sayona has committed about AU$100 million to the restart and is on target to resume production in Q1 2023, becoming the sole domestic supplier in North America.

Cobre's share price skyrocketed over 27% on the ASX today, followed by an update of the company's exploration license renewal at Botswana.

Highlights:,Australia’s export earnings from the mining space are expected to grow to AU$419 billion in 2022–23.,The EU embargo on Russia and the strong demand for varied commodities can act as a boon for the Australian mining industry.,BHP Group reported...

Sayona's share price has declined over 8% on the ASX on Wednesday afternoon, driven by lithium prices today.

Ragusa Minerals is investigating lithium in the Northern Territory's Litchfield Pegmatite Belt. Along with gold prospects in Zimbabwe and Alaska, Ragusa also has a 100% interest in a halloysite and kaolinite property in Western Australia.

ASX listed Rio Tinto Limited (ASX:RIO) produces copper, gold, iron ore, coal, aluminium, borates, titanium dioxide and other minerals and metals.

Highlights:,The S&P/ASX 200 Materials sector and gold prices have jumped 3.34% and 5.45%, respectively, in the last one month.,Newcrest, the largest gold mining company, recorded a 31% increase in June quarter gold production.,ASX-listed gold space player...