Metal and mining

St George Mining (ASX: SGQ) Expands with High-Grade Niobium Project in Brazil
August 06, 2024 05:39 PM AEST| By Team Kalkine MediaSt George Mining Ltd,(ASX: SGQ),has announced a significant development in its exploration portfolio with the acquisition of the Araxá Project in Brazil. The project, located in Minas Gerais, is adjacent to the world’s largest niobium mine operated b...

Liberum Downgrades Major Mining Stocks Amid Weak Iron Ore Signals
August 06, 2024 10:29 AM AEST| By Team Kalkine MediaLiberum Capital has recently downgraded its ratings for three prominent,mining companies,: BHP Group Ltd, Rio Tinto Ltd, and Anglo American plc. This move reflects increasing concerns over the state of the iron ore market and evolving investor sentim...

Australia Risks Missing Out on Uranium Boom Amid Mining Bans
August 05, 2024 03:34 PM AEST| By Team Kalkine MediaAs global demand for uranium surges due to a nuclear energy revival driven by decarbonisation efforts, Australia finds itself at a crossroads. Despite holding nearly a third of the world's known uranium ore deposits, the nation may miss out on the co...

Lynas Rare Earths (ASX:LYC) Faces Share Price Decline Despite Major Resource Boost
August 05, 2024 12:30 PM AEST| By Team Kalkine MediaLynas Rare Earths Ltd (ASX:LYC) is making headlines today with a significant announcement, a 92% increase in its mineral resources. Despite this promising update, the company’s share price has experienced a near 2% decline, trading at AU$6.01 per sha...

Reasons for the Decline in ASX Uranium Shares on Friday
August 02, 2024 02:14 PM AEST| By Team Kalkine MediaThe uranium sector is facing a pronounced downturn today, with several,ASX-listed uranium stocks,experiencing substantial declines. This market upheaval is marked by notable drops in share prices, reflecting widespread concern among investors. Here's...

Rio Tinto's Latest Results and What They Mean for Its Shares
August 01, 2024 10:53 AM AEST| By Team Kalkine MediaRio Tinto Ltd,(ASX: RIO),captured significant attention from investors recently following the announcement of its impressive half-year results. The,mining giant's shares,experienced a notable surge of 2.5%, concluding the trading session at a price o...

Why ASX Fortescue Metals Shares Are Dipping?
July 30, 2024 05:51 PM AEST| By Team Kalkine MediaFortescue Metals Group Ltd,(ASX: FMG),, one of the largest iron ore mining companies globally, has seen its share price fall by approximately 9% recently. This decline follows a substantial sale of its shares, which has captured considerable market a...

Strategic Energy Resources Advances South Cobar Project with Expanded Drilling Program
July 30, 2024 05:48 PM AEST| By Team Kalkine MediaStrategic Energy Resources,(ASX: SER),is advancing its South Cobar project, situated on the eastern margin of the Rast Trough at the southern end of the Cobar Basin, a renowned polymetallic region in Australia. This project encompasses tenements that...

Fortescue (ASX:FMG) Shares Plummet After Discounted Block Trade
July 30, 2024 12:25 PM AEST| By Team Kalkine MediaShares of Australia's Fortescue Metals Group (,ASX:FMG,) fell 8.92% on Tuesday, reaching their lowest levels in 21 months. The decline was triggered by a discounted block trade worth AU$1.9 billion (approximately $1.24 billion). The stock dropped as...

BHP (ASX:BHP) Expands Copper Portfolio with Major Acquisition Despite Stock Dip
July 30, 2024 12:14 PM AEST| By Team Kalkine MediaBHP Group Ltd (,ASX:BHP,), often referred to as the "Big Australian," is making significant strides to expand its copper exposure. Despite the stock's early dip, falling 1.5% to AU$41.31 in morning trade on 30 July 2024, the company has announced a m...

IGO (ASX:IGO) Restructures Amidst Nickel Writedowns to Focus on Lithium Growth
July 30, 2024 12:10 PM AEST| By Team Kalkine MediaAustralian mining company IGO Limited (,ASX:IGO,) announced plans to streamline its executive team in response to recent nickel asset writedowns. The company, led by CEO Ivan Vella, is redirecting its focus towards enhancing lithium hydroxide product...

Jefferies Downgrades Mineral Resources’ (ASX: MIN) Price Target Amidst Rising Debt Concerns
July 29, 2024 06:09 PM AEST| By Team Kalkine MediaAnalysts at Jefferies have revised their price target for Australia’s Mineral Resources (ASX: MIN), lowering it to AU$55 from AU$60. Despite maintaining a "hold" rating on the stock, the brokerage has expressed significant concerns regarding the lith...

Australian Shares Up Nearly 1% on Strength of Miners and Banks
July 29, 2024 11:56 AM AEST| By Team Kalkine MediaHighlights:,Australian,Shares Up 0.9%,:,The S&P/ASX 200 index rose 0.9% to 7,994.1 points, led by gains in mining and banking stocks.,Mining,and Banking Boost,:,Rio Tinto (ASX: RIO) and BHP Group (ASX: BHP) climbed 1.4% and 0.8%, respectively, while...

Chinese Rare Earths Giant Plans Expansion into Australia
July 29, 2024 11:04 AM AEST| By Team Kalkine MediaHeadlines:,Shenghe's,Expansion Plans:,Chinese rare earths company,Shenghe,Resources is planning to set up an office in Australia, aiming to advance its local interests despite the Albanese government's resistance to increased Chinese investment in th...

Liontown Resources(ASX:Ltr) Shares Climb 5% Following Strong Quarterly Update
July 29, 2024 10:37 AM AEST| By Team Kalkine MediaHeadlines:,Price,Up:,Liontown,Resources shares rose,nearly 5%,to $1.01 after a strong quarterly update.,Project,Progress:,The Kathleen Valley Lithium Project is over 95% complete, with key milestones met and mining on schedule.,Funding,Secured:,The c...

ASX Mining Shares Struggle Despite Broader Market Rally
July 26, 2024 04:56 PM AEST| By Team Kalkine MediaWhile the S&P/ASX 200 Index enjoyed a positive Friday, up 0.76% to 7,921.30 points, several ASX shares are failing to follow suit. Here’s a closer look at why four notable stocks are facing declines despite the broader market’s upward trend.,Bellevue...

Why are shares of Northern Star (ASX:NST) on downfall today?
July 26, 2024 03:42 PM AEST| By Team Kalkine MediaShares of Australian gold miner Northern Star Resources (ASX:NST) experienced a significant decline on Friday, falling by as much as 3.7% to AU$13.75. The downturn in Northern Star Resources' share price follows a critical downgrade by Jefferies, whi...

Bellevue Gold (ASX:BGL) Announces A$150 Million Share Placement and Share Purchase Plan
July 26, 2024 11:13 AM AEST| By Team Kalkine MediaBellevue Gold Limited (,ASX:BGL,) has successfully secured firm commitments for a fully underwritten share placement, raising AU$150 million. The placement will issue new shares at AU$1.55 each, representing a 15.3% discount to the last closing price...

Critical Minerals (ASX:CMG) Updates on Lindfield Project and Future Plans
July 26, 2024 11:12 AM AEST| By Team Kalkine MediaCritical Minerals Group Limited (,ASX:CMG,) has reported a substantial increase in the Mineral Resource Estimate for its Lindfield Project, now totalling 713 million tonnes. This marks a remarkable 96% increase in the resource size, underscoring the...

Lithium Energy (ASX:LEL) Updates on Axon Graphite IPO and Leadership Team
July 26, 2024 10:32 AM AEST| By Team Kalkine MediaLithium Energy Limited (,ASX:LEL,) has provided an update on the spinout of its high-grade natural graphite assets into a new entity, Axon Graphite Limited, in partnership with NOVONIX Limited (,ASX:NVX,). The new company, Axon Graphite (proposed ASX...

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