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Metal and mining
Amcor (ASX:AMC) Shares Slide 2.3% Amid Mixed FY 2024 Results
August 16, 2024 12:25 PM AEST| By Team Kalkine MediaAmcor PLC (ASX:AMC),shares are under pressure on Friday, tumbling 2.3% to AU$15.78 from their previous close of AU$16.14. This decline contrasts with the broader,S&P/ASX 200 Index (ASX: XJO),, which is up 1.3% at the same time.,FY 2024 Financial Perf...
Miramar (ASX:M2R) Initiates First Drilling Campaign at Bangemall, Gascoyne WA with EIS Co-Funding Support
August 16, 2024 11:08 AM AEST| By Team Kalkine MediaMiramar Resources Ltd. (ASX:M2R) has commenced its maiden drilling program at the Bangemall Project in Gascoyne, Western Australia, supported by co-funding from the Exploration Incentive Scheme (EIS). This initial drilling campaign marks a significan...
Auric Mining (ASX:AWJ) Secures $6.3M in August with 2024 Production Target of 300K Ounces
August 16, 2024 10:05 AM AEST| By Team Kalkine Media**Auric Mining Ltd (ASX:AWJ) Secures $6.3M in August as Jeffreys Find Gold Mine Production Hits Milestones**,Auric Mining Ltd (ASX:AWJ) has announced that gold sales from its Jeffreys Find Gold Mine in Western Australia will generate $6.3 million in...
Golden Mile Resources (ASX:G88) Abandons Marble Bar and Murchison Tenements Following Disappointing Fieldwork Results
August 16, 2024 09:57 AM AEST| By Team Kalkine MediaHighlights:,Exploration Abandonment,: Golden Mile Resources (ASX:G88) has decided to relinquish its Marble Bar and Murchison tenements due to disappointing fieldwork results showing weak metal anomalies.,Surrender of Licenses,: The company will surre...
Pilbara Minerals Ltd (ASX: PLS) Share Price Dips Amid Acquisition Announcement
August 16, 2024 12:00 AM AEST| By Team Kalkine MediaThe share price of Pilbara Minerals Ltd,(ASX: PLS),has experienced a slight decline of 2% following the announcement of its acquisition deal with Latin Resources Ltd,(ASX: LRS),. Pilbara Minerals, one of the leading lithium miners globally with its f...
Pilbara Minerals (ASX:PLS) Shares Fall 3% Following Acquisition Announcement
August 15, 2024 12:47 PM AEST| By Team Kalkine MediaShares of Pilbara Minerals Ltd (ASX:PLS) are down 3% to AU$2.76 on Thursday morning following the announcement of a significant acquisition. The lithium giant’s stock is experiencing a drop as investors react to news of its latest strategic move.,Acq...
Rio Tinto (ASX:RIO) Share Price Falls Amid Ex-Dividend Trading
August 15, 2024 12:42 PM AEST| By Team Kalkine MediaThe share price of Rio Tinto Ltd (ASX:RIO) is experiencing a decline on Thursday morning, with shares down 3% to AU$109.11 at the time of writing. However, this dip in share price is not due to concerns over commodity prices or disappointing company...
Ardea Resources Ltd (ASX:ARL), Mitsubishi Corporation, and Sumitomo Metal Mining Co., Ltd. (ASX:STT) Secure Three-Way Nickel Joint Venture in Kalgoorlie
August 14, 2024 11:14 AM AEST| By Team Kalkine MediaHighlights:,Approval Secured,:,Ardea,Resources Ltd (,ASX:ARL,) has received foreign investment,regulator,approval for its joint venture with Mitsubishi Corporation and Sumitomo Metal Mining Co., Ltd. (,ASX:STT,) to develop the,Goongarrie,Hub in Weste...
Westgold Resources (ASX: WGX) Boosts Bluebird-South Junction Ore Reserve by 233%
August 14, 2024 10:13 AM AEST| By Team Kalkine MediaWestgold Resources (ASX: WGX) has announced a substantial increase in the ore reserve at its Bluebird-South Junction project, with a remarkable 233% boost. This significant upgrade highlights the project's enhanced resource potential and underscores...
Sunshine Metals (ASX: SHN) Reports 6m Intersection with 8.5g/t Gold at Liontown West
August 14, 2024 10:12 AM AEST| By Team Kalkine MediaSunshine Metals (ASX: SHN) has announced a significant 6-meter intersection with a gold grade of 8.5 grams per tonne (g/t) at its Liontown West area of interest. This discovery highlights the potential of the Liontown West site as a promising area fo...
Drilling at Kiaka Gold Project Yields 7.6 g/t Gold Intercept for West African Resources (ASX: WAF)
August 13, 2024 11:03 AM AEST| By Team Kalkine MediaWest African Resources Ltd (ASX: WAF) has announced a significant intercept of 22 meters at 7.6 grams per tonne (g/t) of gold from its maiden grade control drilling at the Kiaka South pit, part of the broader Kiaka Gold Project in Burkina Faso. This...
Great Boulder (ASX: GBR) Reports 400m Strike Length of Mineralisation at Mulga Bill North
August 13, 2024 11:02 AM AEST| By Team Kalkine MediaGreat Boulder Resources [ASX: GBR] has announced promising results from its recent 13-hole aircore drilling campaign at Mulga Bill North, confirming gold mineralisation across a 400-meter strike length. The latest data, released on Tuesday, includes:...
Assessing the Value of BHP Group Ltd (ASX: BHP) Amid Recent Declines
August 12, 2024 01:24 PM AEST| By Team Kalkine MediaThe BHP Group Ltd share price, an,ASX mining stock,, has experienced a significant decline of 19.2% since the beginning of 2024. This raises an important question for investors: is the BHP share price currently undervalued?,BHP Group Ltd (ASX: BHP),B...
American Rare Earths (ASX:ARR) to Transfer US Project to Subsidiary; CEO Swartz to Depart
August 12, 2024 11:00 AM AEST| By Team Kalkine MediaHighlights:,American Rare Earths (ASX:ARR) has transferred its Wyoming-based Halleck Creek Project to a newly formed subsidiary to improve access to US state grants and funding.**,CEO Donald Swartz will step down, with the company’s legal counsel set...
Topdrill’s Innovative Shares-for-Services Model Fuels Growth and Supports Mining Explorers
August 09, 2024 04:47 PM AEST| By Team Kalkine MediaTopdrill, a Kalgoorlie-based drilling contractor, has experienced significant growth since its inception in 2014. The company has expanded from a team of 55 employees to a workforce of 420, largely due to its unique approach of accepting shares in pe...
Mining Stocks Surge as Iron Ore Prices Rebound
August 09, 2024 02:24 PM AEST| By Team Kalkine MediaShares in major mining companies experienced a notable increase on Friday, following a global risk-on sentiment and a rebound in iron ore prices. The positive shift was largely driven by reassuring U.S. economic data, which alleviated fears of an imm...
Rumble Resources Ltd (ASX: RTR) Unveils High-Grade Tungsten Discovery
August 08, 2024 06:15 PM AEST| By Team Kalkine MediaRumble Resources Ltd,(ASX: RTR),has announced an exciting development at its Western Queen project, adding momentum to the project's growth potential near Mt Magnet in Western Australia. This discovery comes just two weeks after Rumble reported a new...
ASX Market Update: Mining Stocks Drag Down Index; AMP Sees Notable Rally
August 08, 2024 01:12 PM AEST| By Team Kalkine MediaThe Australian sharemarket experienced a downturn at midday on Thursday, with the benchmark S&P/ASX 200 Index dropping 0.5% or 40.4 points to 7659.4. The decline was largely driven by a pullback in,mining stocks,, which led to a drop in eight of the...
Lynas Rare Earths (ASX:LYC) Shares Surge Following Upgraded Price Target from Macquarie
August 07, 2024 03:12 PM AEST| By Team Kalkine MediaShares of Lynas Rare Earths Limited (ASX:LYC) saw an uplift on Wednesday, rising by up to 2.06% to AU$5.95, buoyed by a recent upgrade from analysts at Macquarie. The brokerage has raised its price target on the rare earths miner by 3% to AU$6.80, re...
ASX Recovers Early Losses as Energy and Mining Sectors Rise
August 07, 2024 02:55 PM AEST| By Team Kalkine MediaAustralian shares showed positive movement at midday, influenced by improving sentiment from Wall Street and Asian markets. The S&P/ASX 200 index increased by 0.4% or 27.9 points, reaching 7708.5. This follows a 0.3% drop at the market open and a 0.4...
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