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Metal and mining
Pilbara Minerals (ASX:PLS) Shares Fall 3% Following Acquisition Announcement
August 15, 2024 12:47 PM AEST| By Team Kalkine MediaShares of Pilbara Minerals Ltd (ASX:PLS) are down 3% to AU$2.76 on Thursday morning following the announcement of a significant acquisition. The lithium giant’s stock is experiencing a drop as investors react to news of its latest strategic move.,Acq...
Rio Tinto (ASX:RIO) Share Price Falls Amid Ex-Dividend Trading
August 15, 2024 12:42 PM AEST| By Team Kalkine MediaThe share price of Rio Tinto Ltd (ASX:RIO) is experiencing a decline on Thursday morning, with shares down 3% to AU$109.11 at the time of writing. However, this dip in share price is not due to concerns over commodity prices or disappointing company...
Ardea Resources Ltd (ASX:ARL), Mitsubishi Corporation, and Sumitomo Metal Mining Co., Ltd. (ASX:STT) Secure Three-Way Nickel Joint Venture in Kalgoorlie
August 14, 2024 11:14 AM AEST| By Team Kalkine MediaHighlights:,Approval Secured,:,Ardea,Resources Ltd (,ASX:ARL,) has received foreign investment,regulator,approval for its joint venture with Mitsubishi Corporation and Sumitomo Metal Mining Co., Ltd. (,ASX:STT,) to develop the,Goongarrie,Hub in Weste...
Westgold Resources (ASX: WGX) Boosts Bluebird-South Junction Ore Reserve by 233%
August 14, 2024 10:13 AM AEST| By Team Kalkine MediaWestgold Resources (ASX: WGX) has announced a substantial increase in the ore reserve at its Bluebird-South Junction project, with a remarkable 233% boost. This significant upgrade highlights the project's enhanced resource potential and underscores...
Sunshine Metals (ASX: SHN) Reports 6m Intersection with 8.5g/t Gold at Liontown West
August 14, 2024 10:12 AM AEST| By Team Kalkine MediaSunshine Metals (ASX: SHN) has announced a significant 6-meter intersection with a gold grade of 8.5 grams per tonne (g/t) at its Liontown West area of interest. This discovery highlights the potential of the Liontown West site as a promising area fo...
Drilling at Kiaka Gold Project Yields 7.6 g/t Gold Intercept for West African Resources (ASX: WAF)
August 13, 2024 11:03 AM AEST| By Team Kalkine MediaWest African Resources Ltd (ASX: WAF) has announced a significant intercept of 22 meters at 7.6 grams per tonne (g/t) of gold from its maiden grade control drilling at the Kiaka South pit, part of the broader Kiaka Gold Project in Burkina Faso. This...
Great Boulder (ASX: GBR) Reports 400m Strike Length of Mineralisation at Mulga Bill North
August 13, 2024 11:02 AM AEST| By Team Kalkine MediaGreat Boulder Resources [ASX: GBR] has announced promising results from its recent 13-hole aircore drilling campaign at Mulga Bill North, confirming gold mineralisation across a 400-meter strike length. The latest data, released on Tuesday, includes:...
Assessing the Value of BHP Group Ltd (ASX: BHP) Amid Recent Declines
August 12, 2024 01:24 PM AEST| By Team Kalkine MediaThe BHP Group Ltd share price, an,ASX mining stock,, has experienced a significant decline of 19.2% since the beginning of 2024. This raises an important question for investors: is the BHP share price currently undervalued?,BHP Group Ltd (ASX: BHP),B...
American Rare Earths (ASX:ARR) to Transfer US Project to Subsidiary; CEO Swartz to Depart
August 12, 2024 11:00 AM AEST| By Team Kalkine MediaHighlights:,American Rare Earths (ASX:ARR) has transferred its Wyoming-based Halleck Creek Project to a newly formed subsidiary to improve access to US state grants and funding.**,CEO Donald Swartz will step down, with the company’s legal counsel set...
Topdrill’s Innovative Shares-for-Services Model Fuels Growth and Supports Mining Explorers
August 09, 2024 04:47 PM AEST| By Team Kalkine MediaTopdrill, a Kalgoorlie-based drilling contractor, has experienced significant growth since its inception in 2014. The company has expanded from a team of 55 employees to a workforce of 420, largely due to its unique approach of accepting shares in pe...
Mining Stocks Surge as Iron Ore Prices Rebound
August 09, 2024 02:24 PM AEST| By Team Kalkine MediaShares in major mining companies experienced a notable increase on Friday, following a global risk-on sentiment and a rebound in iron ore prices. The positive shift was largely driven by reassuring U.S. economic data, which alleviated fears of an imm...
Rumble Resources Ltd (ASX: RTR) Unveils High-Grade Tungsten Discovery
August 08, 2024 06:15 PM AEST| By Team Kalkine MediaRumble Resources Ltd,(ASX: RTR),has announced an exciting development at its Western Queen project, adding momentum to the project's growth potential near Mt Magnet in Western Australia. This discovery comes just two weeks after Rumble reported a new...
ASX Market Update: Mining Stocks Drag Down Index; AMP Sees Notable Rally
August 08, 2024 01:12 PM AEST| By Team Kalkine MediaThe Australian sharemarket experienced a downturn at midday on Thursday, with the benchmark S&P/ASX 200 Index dropping 0.5% or 40.4 points to 7659.4. The decline was largely driven by a pullback in,mining stocks,, which led to a drop in eight of the...
Lynas Rare Earths (ASX:LYC) Shares Surge Following Upgraded Price Target from Macquarie
August 07, 2024 03:12 PM AEST| By Team Kalkine MediaShares of Lynas Rare Earths Limited (ASX:LYC) saw an uplift on Wednesday, rising by up to 2.06% to AU$5.95, buoyed by a recent upgrade from analysts at Macquarie. The brokerage has raised its price target on the rare earths miner by 3% to AU$6.80, re...
ASX Recovers Early Losses as Energy and Mining Sectors Rise
August 07, 2024 02:55 PM AEST| By Team Kalkine MediaAustralian shares showed positive movement at midday, influenced by improving sentiment from Wall Street and Asian markets. The S&P/ASX 200 index increased by 0.4% or 27.9 points, reaching 7708.5. This follows a 0.3% drop at the market open and a 0.4...
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...
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