Metal and mining

Evolution Mining (ASX: EVN) Shares Rise on Strong Quarterly Production Results
July 18, 2024 11:39 AM AEST| By Team Kalkine MediaShares of Evolution Mining Ltd (,ASX: EVN,) have surged by as much as 3.8% to AU$4.13 on Thursday, positioning the stock for its biggest gain since 4 July 2024 if the current trend holds. This positive movement follows the company’s announcement of i...

Why are Fortescue (ASX: FMG) shares trading in red on Wednesday?
July 18, 2024 11:27 AM AEST| By Team Kalkine MediaFortescue Ltd (,ASX: FMG,) shares are experiencing a decline on Thursday morning, dropping by 1% to AU$22.15 at the time of writing. This fall follows an after-hours announcement from the company on Wednesday, detailing significant organizational cha...

Can Besra Gold (ASX:BEZ) Achieve Its Growth Ambitions?
July 18, 2024 09:51 AM AEST| By Team Kalkine MediaHighlights,Besra Gold (,ASX:BEZ,) has a 2.7-year cash runway with US$20 million cash and a $7.4 million annual burn rate as of March 2024.,Besra Gold increased its cash burn by 108% over the past year, reflecting aggressive spending as an early-stage...

Top 5 ASX Copper Stocks in 2024
July 17, 2024 03:49 PM AEST| By Team Kalkine MediaIn the realm of commodities, copper has surged into the spotlight amidst global shifts in supply and demand dynamics. After experiencing a downturn in late 2023, copper prices rebounded dramatically in early 2024, driven by tightening supply conditio...

BHP (ASX: BHP) Sets New Record for Annual Iron Ore Production and Forecasts Steady Output for FY 2025
July 17, 2024 03:33 PM AEST| By Team Kalkine MediaBHP (,ASX: BHP,) announced on Tuesday that it achieved a new record for annual iron ore production, meeting market expectations, and projected stable output for the coming fiscal year. The world's largest miner by market value reported producing 69.2...

Rio Tinto's (ASX: RIO) Q2 Performance: Modest Iron Ore Gains and Significant Copper Surge
July 17, 2024 09:58 AM AEST| By Team Kalkine MediaRio Tinto Group(ASX: RIO) reported a modest rise in second-quarter iron ore shipments from Western Australia, even as demand from China, a significant consumer, showed signs of weakening. Despite this, the company's overall performance was bolstered...

Australian Mining Stocks Decline on Weak Copper Prices and Disappointing Shipments
July 16, 2024 03:10 PM AEST| By Team Kalkine MediaAustralian mining stocks, represented by the .AXMM index, faced significant intraday declines of up to 1.5% on Tuesday, marking their largest drop since July 8. This downturn follows a series of factors impacting the sector, including:,Copper Price D...

Why is IGO (ASX: IGO) share price falling today?
July 16, 2024 01:27 PM AEST| By Team Kalkine MediaShares of IGO Ltd (,ASX: IGO,) are experiencing a significant downturn on Tuesday, falling by 1.7% to AU$ 5.9. The battery metal producer has attributed this decline to its announcement regarding non-cash impairment charges against its nickel explora...

Tough Tuesday for ASX Shares: Why These Companies Are Struggling
July 16, 2024 01:23 PM AEST| By Team Kalkine MediaTuesday has proven to be a challenging day for investors in the Australian stock market, with the S&P/ASX 200 Index showing signs of struggle. As of afternoon trade, the benchmark index has dipped by 0.25% to 7,998.8 points, reflecting a broader down...

Dynamic Metals (ASX: DYM) Surges around 19% on Strategic Stake Sale to Mineral Resources
July 15, 2024 01:52 PM AEST| By Team Kalkine MediaDynamic Metals Ltd (,ASX: DYM,) witnessed a remarkable surge in its stock price, soaring as much as 18.5% to AU$0.160 during Monday’s afternoon trading session.,The catalyst behind this surge stems from Dynamic Metals' recent strategic move. The lith...

Lynas Rare Earths (ASX: LYC) Faces Supply Disruption as BHP (ASX: BHP) Suspends Nickel Operations
July 12, 2024 03:34 PM AEST| By Team Kalkine MediaLynas Rare Earths (,ASX: LYC,) has raised concerns over potential disruptions to its sulphuric acid supply following BHP Group's (,ASX: BHP,) decision to suspend its Western Australia nickel operations starting October. BHP, the world's largest-liste...

BHP Group (ASX: BHP) Faces Pressure Amid Suspension of Nickel Operations
July 12, 2024 03:20 PM AEST| By Team Kalkine MediaBHP Group Ltd (,ASX: BHP,) shares have come under pressure, falling 0.54%% to AU$43.32 apiece on Friday afternoon. This decline follows a significant announcement from the mining giant that has concerned investors and impacted market sentiment.,Tempo...

Rio Tinto (ASX: RIO) Explores Strategic Shift toward Lithium Acquisition
July 12, 2024 02:27 PM AEST| By Team Kalkine MediaShares of Rio Tinto (,ASX: RIO,), the world's largest iron ore miner, experienced a modest rise of up to 1% to AU$120.83, reflecting investor interest amidst strategic recommendations from analysts at Citi. The focus has shifted towards potential acq...
BHP Group (ASX: BHP) Faces Setback with Nickel Operations Suspension Amid Market Challenges
July 12, 2024 01:46 PM AEST| By Team Kalkine MediaShares of BHP Group (,ASX: BHP,), one of the world's leading mining companies, witnessed a decline of up to 0.73%, dropping to AU$43.24. The dip comes in response to BHP's decision to suspend its nickel operations in Western Australia starting Octobe...

Understanding Lynas Rare Earths' (ASX: LYC) Shareholder Landscape
July 12, 2024 01:38 PM AEST| By Team Kalkine MediaLynas Rare Earths Limited (,ASX: LYC,) stands as a pivotal player in the rare earths sector, crucial for various high-tech and clean energy applications. The company's ownership structure, particularly dominated by institutional investors, plays a si...

Australian Shares Surge on U.S. Inflation Expectations, Mining and Financials Lead
July 11, 2024 04:17 PM AEST| By Team Kalkine MediaOn July 11th, Australian shares saw a robust uptick driven by gains across major sectors, as investors awaited crucial U.S. inflation data that could influence future Federal Reserve decisions on interest rates. The S&P/ASX 200 index climbed 0.89% to...

Fortescue (ASX: FMG) Faces Investor Scrutiny Amid Espionage Allegations
July 11, 2024 03:15 PM AEST| By Team Kalkine MediaFortescue Ltd (,ASX: FMG,) found itself in the spotlight again on Wednesday as further details emerged regarding allegations of espionage involving former executives, impacting its share performance and corporate reputation. Currently, Fortescue shar...
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Evolution Mining (ASX: EVN) Eyes Recovery with Strategic Northparkes Investments
July 11, 2024 02:35 PM AEST| By Team Kalkine MediaShares of Evolution Mining (,ASX: EVN,) saw a notable uptick on Thursday, rising by up to 2.4% to reach AU$3.82, marking their highest level since June 11. The increase follows an upward revision in the price target by analysts at Jarden, who adjuste...

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...

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