Metal and mining

What analysts are expecting from Rio Tinto (ASX: RIO)?
July 10, 2024 02:28 PM AEST| By Team Kalkine MediaRio Tinto Ltd (,ASX: RIO,) is set to release its highly anticipated quarterly update on Tuesday, 16 July 2024. As this date approaches, investors are keen to know what the market expects from the mining giant's second-quarter performance.,Iron Ore Sh...

Australian Mining Stocks Hit Lowest Level Since Early July
July 10, 2024 02:14 PM AEST| By Team Kalkine MediaAustralian mining stocks, represented by the XMM sub-index, dropped as much as 1% on 10 July 2024, reaching their lowest point since 3 July. The sub-index, which closely follows global iron ore prices, has mirrored the recent downturn in the commodit...

Four ASX Shares Surge Despite Market Downturn
July 08, 2024 03:29 PM AEST| By Team Kalkine MediaThe Australian stock market kicked off the week with a lackluster performance, as the S&P/ASX 200 Index retreated by 0.5% to 7,783.9 points during afternoon trade. Despite this overall decline, several ASX-listed companies managed to stand out with s...

Regis Resources (ASX: RRL) Shares Surge on Strong Quarterly Gold Production
July 08, 2024 03:13 PM AEST| By Team Kalkine MediaShares of Regis Resources (,ASX: RRL,) rose as much as 2.54% to AU$1.82 apiece1, marking the largest gain since 12 April 2024 if the current gains hold. The gold producer and explorer's strong performance in the June 2024 quarter has contributed to t...

BHP Shares Decline Amid Iron Ore Price Volatility and Market Concerns
July 05, 2024 03:58 PM AEST| By Team Kalkine MediaBHP Group Ltd (,ASX: BHP,) shares experienced a decline on Friday, despite the absence of market-sensitive news from the company. At the time of writing, shares were trading at AU$44.26, down 1.13% from the open. This marks a continuation of a broade...

Analysts Recommend Lynas Rare Earths (ASX: LYC) as Market-Beating Investment Opportunity
July 05, 2024 03:55 PM AEST| By Team Kalkine MediaNow might be the ideal time to consider investing in Lynas Rare Earths Ltd (,ASX: LYC,), as analysts from Ord Minnett believe the company's shares possess significant market-beating potential. Despite the current undervaluation by the market, Lynas i...

Aussie Mining Stocks Poised for Best Weekly Gains Since September 2023
July 05, 2024 03:48 PM AEST| By Team Kalkine MediaAustralian mining stocks, represented by the XMM index, rose by 4.2% over the past week, positioning themselves for their best weekly performance since 15 September 2023. Despite this impressive weekly gain, the index experienced a slight dip of 0.79...

New Hope Corp Ltd (ASX: NHC) Shares Tumble Amid Convertible Notes Announcement
July 04, 2024 09:07 PM AEST| By Team Kalkine MediaShares in New Hope Corp Ltd, a coal miner listed on the S&P/ASX 200 Index (,ASX: XJO,), are experiencing a significant drop today. After closing at $5.26 yesterday, the stock is down 4.2% in early afternoon trade on Thursday, now trading at $5.04 per...

BHP Group (ASX: BHP) Shares Rise to Mid-June Highs Amid Mixed Output Expectations
July 03, 2024 01:21 PM AEST| By Team Kalkine MediaShares of BHP Group (,ASX: BHP,) saw a notable increase of 0.53% on Wednesday, reaching AU$43.39 apiece, their highest level since mid-June. This rise comes as analysts at Macquarie forecast mixed output results for the mining giant in Q4 FY24.,Iron...

Rio Tinto (ASX: RIO) Increases Investment in Sovereign Metals, Bolstering African Project
July 03, 2024 01:20 PM AEST| By Team Kalkine MediaRio Tinto Ltd (,ASX: RIO,) has significantly increased its stake in Sovereign Metals Ltd (,ASX: SVM,) this week, signalling strong confidence in the company's African project.,Investment Details,Rio Tinto has exercised all its share options, raising...

Chalice Mining (ASX: CHN) Partners with Mitsubishi to Advance Gonneville Project
July 03, 2024 01:16 PM AEST| By Team Kalkine MediaAustralian diversified miner Chalice Mining (,ASX: CHN,) has signed a significant agreement with Japan's Mitsubishi Corp (8058.T) to jointly develop the Gonneville PGE-Nickel-Copper-Cobalt Project in Western Australia. This partnership aims to levera...

BHP Group (ASX: BHP) Shares Lag Behind ASX 200 Amid Mixed Financial Year Performance
July 02, 2024 12:18 PM AEST| By Team Kalkine MediaBHP Group Ltd (,ASX: BHP,) saw its share price underperform compared to the S&P/ASX 200 Index (ASX: XJO) during the recently concluded financial year. BHP shares ended FY 2023 at AU$44.99, but by the last trading day of FY 2024, they had dropped to A...

Helium One Global Advances Towards Extended Well Test at Rukwa Project
July 01, 2024 05:23 PM AEST| By Team Kalkine MediaHelium One Global (AIM: HE1), a leading helium exploration company in Tanzania, has provided a significant update on its Rukwa project, which is wholly operated by the company. The update comes as the company prepares for the extended well test (EWT)...

Anglo American (AAL) Halts Production at Grosvenor Coal Mine After Incident
July 01, 2024 05:22 PM AEST| By Team Kalkine MediaAnglo American (,AAL,) has temporarily suspended operations at its Grosvenor steelmaking coal mine in Queensland, Australia. This follows an underground coal gas ignition incident on 29 June 2024.,Emergency Response and Safety Measures,In response to...

Coronado Global Resources (ASX: CRN) Sees Strong Intraday Surge Amid Market Challenges
July 01, 2024 12:49 PM AEST| By Team Kalkine MediaCoronado Global Resources (,ASX: CRN,) witnessed a remarkable intraday surge on Monday, with its shares climbing as much as 9.70% to AU$1.30 apiece. This marks the company's most substantial intraday gain since November 2022, highlighting renewed inv...

Rio Tinto (ASX: RIO) Leads ASX 200 with Sustainable Production Initiatives
July 01, 2024 12:43 PM AEST| By Team Kalkine MediaOn Monday, Rio Tinto Ltd (,ASX: RIO,) surged ahead of the broader S&P/ASX 200 Index, showcasing resilience amid market fluctuations. The mining giant's shares climbed from Friday's close of AU$119.00 to AU$120.15 during afternoon trade, marking a 0.9...

De Grey Mining (ASX: DEG) Shares Gain Over 5% on Friday. Here’s Why.
June 28, 2024 04:29 PM AEST| By Team Kalkine MediaShares of De Grey Mining (,ASX: DEG,) have risen by as much as 5.23% to AU$1.15 apiece on Friday, marking their highest level since 7 June 2024. This surge comes on the back of positive news regarding the company's Hemi Gold Project in Western Austra...

Stanmore Resources (ASX: SMR) to Cease Operations at Mavis Underground Project Amid Economic Challenges
June 28, 2024 04:17 PM AEST| By Team Kalkine MediaStanmore Resources (,ASX: SMR,),shares experienced a decline of up to 1.12% on Friday, trading at AU$3.53, after the company announced a significant operational decision. The mineral explorer has decided to cease operations at its Mavis Underground p...

June Ends with BHP (ASX: BHP) Share Price Down 3.7% Amid Market Challenges
June 28, 2024 03:59 PM AEST| By Team Kalkine MediaAs June draws to a close, BHP Group Ltd (,ASX: BHP,) finds itself facing significant market pressure. The mining giant’s shares, part of the S&P/ASX 200 Index (ASX: XJO), closed at AU$43.15 on the last trading day of June, with prices dipping further...

Lynas Rare Earths (ASX: LYC) Shares Buck Market Downturn on Breakthrough Production Plans
June 27, 2024 12:51 PM AEST| By Team Kalkine MediaLynas Rare Earths Ltd (,ASX: LYC,) has emerged as a standout performer on Thursday morning, defying broader market trends with its shares trading slightly higher at AU$6.00. This performance contrasts sharply with a 1.5% decline seen in the ASX 200 i...

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