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Metal and mining
ASX Surges to Record High Amid Iron Ore Rally
September 30, 2024 10:19 AM AEST| By Team Kalkine MediaThe Australian share market reached a new all-time high during Monday’s opening session, driven by a significant uptick in iron ore prices, which supported major mining stocks. This milestone was achieved shortly after the market opened, as a 7% surg...
ASX Mining Stocks Rally on Chinese Stimulus and Rising Commodity Prices
September 27, 2024 05:06 PM AEST| By Team Kalkine MediaHighlights,Rising commodity prices lift Australian mining stocks.,Chinese economic support drives market optimism.,Iron ore and copper prices see notable increases.,The Australian stock market saw significant gains in the materials sector today, driv...
Kalgoorlie Gold Mining (ASX:KAL) Expands Exploration Efforts at Pinjin Project
September 27, 2024 04:27 PM AEST| By Team Kalkine MediaHighlights,Kalgoorlie Gold initiates detailed geophysical survey at Pinjin Project.,Focus is on high-resolution mapping for better exploration targeting.,Results from Phase 2 drilling at Wessex expected soon.,Kalgoorlie Gold Mining Ltd,(ASX:KAL),has...
Resource Sector Insights on Black Canyon, Cobalt Blue, Loyal Lithium, and More
September 27, 2024 04:11 PM AEST| By Team Kalkine MediaHighlights,Black Canyon discovers high-grade manganese at Wandanya.,Cobalt Blue rebounds with positive updates on refinery projects.,Mineral Resources sees a sharp rise due to Chinese stimulus.,Black Canyon’s (ASX:BCA) High-Grade Manganese Discovery,...
Examining AIC Mines Limited Share Performance and Future Prospects
September 27, 2024 01:42 PM AEST| By Team Kalkine MediaHighlights,AIC Mines Limited experienced a share price drop in the last quarter but has seen a 45% increase over the past three years.,Recent insider buying signals positive sentiment, yet earnings and revenue growth remain crucial for future perform...
Evaluating Debt Risks in Fenix Resources Limited: A Closer Look at Financial Health
September 27, 2024 01:12 PM AEST| By Team Kalkine MediaHighlights,Fenix Resources Limited maintains a strong cash position relative to its debt.,Recent EBIT growth enhances the company’s ability to manage its liabilities.,Monitoring future earnings,is,crucial for assessing long-term financial stability.,...
American West Metals Unveils Promising Results at Cyclone Project
September 27, 2024 12:13 PM AEST| By Team Kalkine MediaHighlights,American West Metals reports high-grade copper and silver intersections,,indicating,significant resource expansion potential at Cyclone.,Recent funding of up to US$12.5 million aims to advance exploration and support a pre-feasibility stud...
Iron Ore Prices Surge as Fortescue Metals Group Sees Significant Gains
September 27, 2024 11:18 AM AEST| By Team Kalkine MediaIron ore futures, a key indicator of global demand for the commodity, experienced a notable rally, extending gains by 1.8% to reach $US100.3 per tonne in early trading on the Singapore Exchange. This upward momentum comes on the back of renewed optim...
Estrella Resources Marks Historic Mining Milestone in Timor-Leste
September 27, 2024 11:12 AM AEST| By Team Kalkine MediaHighlights,Estrella Resources becomes the first foreign entity to secure mining acreage in Timor-Leste under new mining laws.,The company now holds a total landholding of 698 sq. km in Timor-Leste, making it the largest concession holder in the natio...
Analyzing Shareholder Dynamics at Resolute Mining Limited
September 27, 2024 11:06 AM AEST| By Team Kalkine MediaHighlights,Institutional investors hold approximately 52% of Resolute Mining Limited,,indicating,significant influence,.,The company recently gained AU$75 million in market cap, reflecting a strong one-year return of 130%.,Insider ownership is low, w...
Strickland Metals Discovers Significant Gold Mineralization at Rogozna Project
September 27, 2024 10:57 AM AEST| By Team Kalkine MediaHighlights,Strickland Metals Ltd reports a major gold discovery at the,Medenovac,prospect.,Recent drill results,indicate,a significant body of high-grade mineralization.,Ongoing drilling efforts suggest more positive developments ahead.,Strickland Me...
ASX Gains Led by Mining Sector as Star Entertainment Plunges 50%
September 27, 2024 10:56 AM AEST| By Team Kalkine MediaAustralian shares experienced modest gains on Friday, primarily driven by strength in the mining sector due to rising commodity prices. The S&P/ASX 200 Index opened 13.7 points higher, representing a 0.2% increase. This rise brought the index within...
Zeta Resources (ASX:ZER) Nears Full Acquisition of Panoramic Resources (ASX:PAN)
September 27, 2024 10:42 AM AEST| By Team Kalkine MediaHighlights,Zeta Resources plans full acquisition of Panoramic Resources.,Panoramic's,Savannah mine operations,remain,halted.,DOCA proposal awaits creditor approval and legal clearances.,Zeta Resources Ltd (ASX:ZER), a closed-end investment company, i...
Gold Intercept at Rogozna Boosts Strickland’s High-Grade Outlook
September 27, 2024 10:24 AM AEST| By Team Kalkine MediaHighlights,Strickland Metals hits high-grade gold intercept at,Rogozna,project.,Drilling reveals thick,mineralisation,over 150-metre strike length.,Initial resource estimate expected in early 2025.,Strickland Metals Ltd,(ASX:STK),has uncovered a sign...
Nexus Minerals (ASX:NXM) Delivers Impressive Results at Wallbrook Project
September 27, 2024 12:00 AM AEST| By Team Kalkine MediaHighlights,- Nexus Minerals increases gold resource estimate by 70% at Wallbrook.,- Crusader-Templar project shows open-pit potential and further exploration upside.,- Nexus maintains a strong financial position with A$7.1 million in cash.,Nexus Mine...
Indiana Resources Unveils Promising Drilling Results in South Australia
September 26, 2024 06:16 PM AEST| By Team Kalkine MediaHighlights,Indiana Resources holds a significant land position between two historic gold mining centers in South Australia.,Recent drilling results reveal high-grade rare earth elements (REE) and confirm continuity in mineralization.,Future drilling...
IG Lithium and QX Resources Restructure Agreement to Boost Lithium Project
September 26, 2024 04:50 PM AEST| By Team Kalkine MediaHighlights,IG Lithium restructures agreement with QX Resources, reducing cash payments and granting an option for a 25% interest in IGL.,QX Resources expands its portfolio with exposure to three lithium projects and a 15% stake in IGX Minerals.,The L...
Drilling Commences at Wildflower Gold Project: A New Chapter for Terrain Minerals (ASX:TMX)
September 26, 2024 02:47 PM AEST| By Team Kalkine MediaTerrain Minerals Limited (ASX:TMX) has announced the commencement of air-core (AC) drilling at its fully-owned Wildflower Gold Project, situated in the Murchison gold province of Western Australia. This highly anticipated drilling program marks a sig...
Brickworks (ASX:BKW) Shares Surge After FY24 Profit Beat
September 26, 2024 12:59 PM AEST| By Team Kalkine MediaShares of Brickworks Ltd (ASX:BKW), Australia's largest brick manufacturer, jumped as much as 9% to AU$28.98 in early trading today, marking their best performance since June 2021. At the time of writing, the company’s stock was on track for a remark...
iTech Minerals Expands Copper-Gold-Silver Prospectivity at Reynolds Range
September 26, 2024 12:03 PM AEST| By Team Kalkine MediaHighlights,iTech Minerals Ltd has identified a 26-kilometre mineral horizon at the Reynolds Range project, enhancing its copper-gold-silver prospectivity.,Recent fieldwork indicates the potential for volcanogenic massive sulphide (VMS) mineralization...
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