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Metal and mining
Premier1 Lithium Ltd Identifies Promising Gold Mineralisation at Yalgoo Project
September 26, 2024 11:48 AM AEST| By Team Kalkine MediaHighlights,Premier1 Lithium Ltd reports significant gold mineralisation at its Yalgoo project in Western Australia.,High-grade gold intercepts of 5 metres at 5.1 g/t and 10 metres at 6.4 g/t were identified during a strategic asset review.,The projec...
Promising Developments at QMines Ltd's Develin Creek Project
September 26, 2024 11:35 AM AEST| By Team Kalkine MediaHighlights,QMines Ltd announces promising results from its initial drilling program at the Develin Creek project in Queensland.,The project shows high-grade copper and zinc deposits, with significant potential to extend mine life at Mt Chalmers.,The...
Iron Ore Sector Insights as Red Hawk Mining Leads Amidst Challenges
September 26, 2024 11:17 AM AEST| By Team Kalkine MediaHighlights,The Australian iron ore sector faces a significant downturn, yet some companies are thriving in 2024.,Red Hawk Mining is positioning itself for long-term growth despite short-term price fluctuations.,A recent stimulus package in China coul...
Felix Gold Advances Antimony Production Amidst Global Supply Concerns
September 26, 2024 11:04 AM AEST| By Team Kalkine MediaSummary Points,Felix Gold aims to initiate near-term production at the historic Scrafford mine amidst rising antimony prices and Chinese export restrictions.,The U.S. relies heavily on imported antimony, with 82% of its demand currently met by China,...
Australian Uranium Market Supply Challenges and Investment Opportunities
September 26, 2024 10:23 AM AEST| By Team Kalkine MediaSummary Points,Australia’s uranium market faces a supply-demand imbalance, prompting concerns over complacency.,The Tribeca Nuclear Energy Opportunities Strategy fund has seen substantial returns, rising 39.15% annually.,Key Australian uranium stocks...
Brickworks Reports $119 Million Statutory Net Loss for FY24 Amid Challenging Market Conditions
September 26, 2024 10:05 AM AEST| By Team Kalkine MediaBrickworks Limited (ASX:BKW), a prominent player in the building materials sector, reported a statutory net loss of $119 million for the fiscal year 2024 (FY24). This result comes as the company faced significant financial setbacks, including a non-c...
Mining Stocks Surge as Banks Retreat Amid Chinese Stimulus
September 25, 2024 06:41 PM AEST| By Team Kalkine MediaHighlights,ASX sees a rotation from banks to mining stocks, with the S&P/ASX 200 flat at 8,141 points.,Mining stocks, led by BHP, gain 2.3%, while banks face declines, with National Australia Bank down 2.2%.,Premier Investments struggles after shelvi...
Power Minerals Expands Critical Minerals Footprint with Tântalo Project Acquisition
September 25, 2024 06:13 PM AEST| By Team Kalkine MediaHighlights,Power Minerals secures an exclusive option to acquire the Tântalo Project in Brazil.,The Tântalo Project is rich in niobium, tantalum, and other minerals, complementing Power's Nióbio Project.,Power's shares increased by 6.59%, trading at...
Iron Ore Price Decline Spurs Innovation Among Miners, Says Andrew Forrest
September 25, 2024 05:22 PM AEST| By Team Kalkine MediaFortescue Metals Group (ASX: FMG) executive chairman Andrew Forrest has made headlines with his recent comments regarding the impact of declining iron ore prices on the mining industry. In a candid interview with The Australian Financial Review, Forr...
ASX Experiences Flat Trading as Mining Stocks Surge; Premier Investments Faces Challenges
September 25, 2024 05:16 PM AEST| By Team Kalkine MediaIn a notable shift within the Australian stock market, the S&P/ASX 200 Index remains relatively unchanged at 8140.6 points this afternoon. This stability comes amidst a significant rotation from banking stocks to mining equities, a trend initiated by...
ASX Experiences Rotation as Mining Stocks Surge While Banks Retreat
September 25, 2024 05:04 PM AEST| By Team Kalkine MediaOn Wednesday, the ASX showcased a modest decline, with the benchmark S&P/ASX 200 Index slipping by 15 points, or 0.2%, to close at 8126.4. Beneath this surface movement, a significant rotation from banking stocks into mining shares was taking place,...
Astral Resources (ASX: AAR) Poised for Growth with Exciting Gold Projects
September 25, 2024 03:29 PM AEST| By Team Kalkine MediaAstral Resources (ASX: AAR) is anticipating positive developments from its “icing on the cake” project, Feysville, situated in the Kalgoorlie-Kambalda area, which has been bustling with mergers and acquisitions (M&A) activity. Over the next few weeks...
Star Minerals Expands into Prominent Uranium Territory
September 25, 2024 03:21 PM AEST| By Team Kalkine MediaStar Minerals,(ASX: SMS),is making strides in its pursuit of resource expansion following the recent announcement of a farm-in and joint venture to acquire up to 51% of a significant uranium project from a Canadian-listed company. With an existing re...
Fortescue (ASX:FMG) Partners with Liebherr to Launch Major Zero-Emission Mining Fleet
September 25, 2024 01:22 PM AEST| By Team Kalkine MediaShares of Fortescue Metals Group (ASX:FMG) rose as much as 3.7%, reaching AU$18.66 on 25 September 2024, marking its highest level since August 30. This increase represents the stock's largest intraday percentage gain since September 13, and if the c...
Australian Mining Stocks Surge on Iron Ore and Copper Price Rally
September 25, 2024 01:20 PM AEST| By Team Kalkine MediaThe Australian mining sub-index (INDEXASX: XMM) experienced a robust increase of as much as 2.6% on 25 september 2024, reaching its highest level since mid-July. This surge is primarily attributed to a significant jump in iron ore futures prices, whi...
Nova Minerals Ltd Launches Public Offering to Boost Exploration Efforts
September 25, 2024 12:24 PM AEST| By Team Kalkine MediaHighlights,Nova Minerals Ltd (ASX: NVA) is raising up to US$2.15 million via a public offering of American Depositary Shares (ADS).,The company has a 9.9 million-ounce gold resource at Estelle, exploring scalable production amid rising gold prices.,N...
Thor Energy Advances with Upcoming Drilling Programs
September 25, 2024 12:12 PM AEST| By Team Kalkine MediaHighlights,Thor Energy PLC (ASX: THR) is set to start drilling at Rim Rock and Groundhog mine areas in early October 2024.,The drilling will target high-grade uranium and vanadium mineralization from previous programs.,Managing Director Nicole Gallow...
Great Boulder Reports Exceptional Assay Results from Mulga Bill
September 25, 2024 11:36 AM AEST| By Team Kalkine MediaHighlights,High-Grade Results: Mulga Bill drilling returned gold intersections up to 43.13 g/t.,Resource Growth: Cervelo Lodes expanded by 30 meters, improving thickness and grade.,Next Steps: Final holes at Mulga Bill complete soon; air-core drillin...
Mineral Resources Ltd Sells 49% Stake in Onslow Haul Road to Morgan Stanley Partners
September 25, 2024 09:56 AM AEST| By Team Kalkine MediaMineral Resources Ltd (ASX:MIN) has completed the sale of a 49% interest in the soon-to-be-finished Onslow haul road, located in Western Australia's Pilbara region, to investment funds managed by Morgan Stanley Infrastructure Partners (MSIP). The dea...
Element 25 Ltd Advances Battery-Grade Manganese Project with Major Grant Opportunity
September 24, 2024 05:52 PM AEST| By Team Kalkine MediaElement 25 Ltd (ASX: E25), a prominent player in the manganese sector, has announced its candidacy for a substantial US$166 million grant from the U.S. Department of Energy (DoE). This funding aims to facilitate the development of a battery-grade hig...
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