Metal and mining
Allkem Shareholders Approve Merger with Livent Corp: What Comes Next?
December 20, 2023 05:29 PM AEDT| By Team Kalkine MediaAllkem Ltd (ASX: AKE) shares have closed at AU$10.410 apiece on Wednesday, this signifies a drop of 1.70% compared to the previous day.,The share movement is set to halt by Friday due to the recent approval of the company's merger with Livent Corp (N...
Havilah Resources (ASX: HAV) Witnesses a 20.75% Stock Plunge
December 19, 2023 04:56 PM AEDT| By Team Kalkine MediaHavilah Resources (ASX: HAV) experienced a substantial downturn in its stock value, plummeting by 20.75% to AU$0.21 apiece on 19 December 2023.,BHP Group's Decision Impacts Havilah Resources,The notable trigger behind this significant drop was the an...
Investors Vote for Allkem-Livent Merger: Creating Arcadium Lithium
December 19, 2023 03:54 PM AEDT| By Team Kalkine MediaThe recent merger vote among investors of Australian lithium producer Allkem (ASX: AKE) has paved the way for a monumental shift in the lithium industry. The overwhelming acceptance of an AU$10.6 billion merger offer from U.S.-based Livent has set th...
Adbri's Stocks Jump: Potential Takeover Offers Propel Growth
December 18, 2023 06:37 PM AEDT| By Team Kalkine MediaShares of Adbri (ASX: ABC) experienced an exceptional surge, climbing by 31.28% to AU$2.98 apiece, marking its most substantial one-day growth since December 16, 2003.,ABC achieved its highest trading level since May 5, 2022, showcasing a significant...
Up 31% since October, what's next for Northern Star shares?
December 18, 2023 05:56 PM AEDT| By Team Kalkine MediaOver the past 10 weeks, the Northern Star Resources Ltd (ASX: NST) share price has experienced a remarkable surge, outperforming broader market indices and the S&P/ASX All Ordinaries Gold Index. This surge, amounting to a 31.3% increase since October...
Discover the Outcome: $2,000 in BHP Shares at the Onset of the Pandemic
December 18, 2023 04:11 PM AEDT| By Team Kalkine MediaIn the tumultuous landscape of the COVID-19 pandemic, BHP Group Ltd (,ASX:BHP,) not only weathered the storm but also presented a promising opportunity for astute investors. As broader market retracement continues, let's delve into the performance of...
ASX 200 Mining Stock Director Sells Shares Valued at $11.4 Million!
December 18, 2023 04:10 PM AEDT| By Team Kalkine MediaIn a recent development, Michael O'Keeffe, the Executive Chair of mining stock Champion Iron Ltd (ASX: CIA), has executed a substantial sale of company shares, prompting investors in,ASX mining stocks,to take notice of the implications.,The Sale Deta...
Adbri (ASX: ABC) jumps on higher earnings projection
December 15, 2023 06:12 PM AEDT| By Team Kalkine MediaInvestors and industry enthusiasts are closely monitoring the remarkable ascent of Adbri (ASX: ABC) stock, symbolised by a substantial 11% intraday surge to AU$2.320—the most significant since May 25. Adbri, a prominent player in the construction mat...
Shares of Kin Mining (ASX: KIN) Rise as Genesis Minerals (ASX: GMD) Acquires Gold Deposits
December 14, 2023 05:18 PM AEDT| By Team Kalkine MediaInvestors witnessed a significant surge in Kin Mining's shares (ASX: KIN), reaching a remarkable 10.0% increase to AU$0.066. This surge was spurred by Genesis Minerals' acquisition of KIN's Bruno-Lewis and Raeside gold deposits situated in Western Au...
Red Flags Raised as BHP CEO Offloads $18 Million in Shares
December 14, 2023 04:08 PM AEDT| By Team Kalkine MediaThe BHP Group Ltd (,ASX: BHP,) share price has recorded another 1% gain today, driven by news of potential rate cuts in the US. However, investors are grappling with a significant piece of negative news as BHP's CEO, Mike Henry, has executed a substa...
What's Causing the 17% Plunge in Arafura Share Price Today?
December 14, 2023 04:07 PM AEDT| By Team Kalkine MediaThe Arafura Rare Earths Ltd (,ASX:ARU,) share price experienced a significant decline of 17.5% to reach a 52-week low of 16.5 cents in morning trade. This downturn comes in the wake of the company's decision to raise funds through a $25 million insti...
Why has the trading in Arafura shares been halted?
December 13, 2023 10:38 PM AEDT| By Team Kalkine MediaThe Arafura Rare Earths Ltd (,ASX: ARU,) share price demonstrated early strength in the trading session, experiencing a 2.5% increase to reach 20 cents before abruptly entering a trading halt. The rare earths developer formally requested the trading...
BHP Group (ASX: BHP) Investors Reap Impressive 157% Returns in 5 Years
December 13, 2023 08:37 PM AEDT| By Team Kalkine MediaActive stock picking aims to identify companies that outperform the market, and BHP Group Limited (,ASX:BHP,) has delivered a noteworthy 54% share price increase over the last five years. This outpaced the market return of approximately 22% (excludin...
Unlocking BHP Group's Intrinsic Value: A DCF Perspective
December 13, 2023 05:14 PM AEDT| By Team Kalkine MediaBHP Group Limited (,ASX: BHP,) is currently under financial scrutiny as we assess its intrinsic value using the 2-Stage Free Cash Flow to Equity model. The projected fair value of AU$54.43 aligns closely with the existing AU$47.56 share price. This a...
BHP Shares Dip as Queensland Mine Strikes Loom
December 13, 2023 05:11 PM AEDT| By Team Kalkine MediaBHP Group Ltd (,ASX: BHP,) experienced a marginal setback in its share price, with a 0.36% dip to AU$47.58, despite a generally positive market trend and robust iron ore prices holding steady at US$135.20 per tonne. This decline coincides with the lo...
Shares of Australia's Metal Recycling Co Sims surges by 2.4%. Why.
December 13, 2023 04:34 PM AEDT| By Team Kalkine MediaShares of Sims Limited (ASX: SGM), a prominent player in metal recycling, have observed a substantial increase, surging by as much as 1.79% to AU$14.75 apiece. This marks their highest level since September 8, drawing significant attention from inves...
Surge in Australian Iron Ore Miner Stocks Amidst Rebounding Futures
December 13, 2023 02:04 PM AEDT| By Team Kalkine MediaThe Australian iron ore market has recently witnessed a surge in the stock prices of its top three iron ore mining companies as futures spiked to their highest levels since February. This surge has sparked interest and enthusiasm among investors and...
Stock Price of Orica Ltd (ASX: ORI) Surges on Wednesday: Here’s why.
December 13, 2023 01:50 PM AEDT| By Team Kalkine MediaInvesting in stocks often involves monitoring market movements and understanding the factors driving a company's stock prices. Orica Ltd (ASX: ORI) has recently witnessed a significant surge in its stock price, reaching as much as 2.53% to AU$16.19 a...
Why Fortescue's Share Price Achieved a Historic High Recently
December 12, 2023 10:41 PM AEDT| By Team Kalkine MediaThe Fortescue Ltd (ASX:FMG) share price has recently reached a historic high, hitting $26.38, representing a 28% increase for the year. This notable achievement is significant within the context of ASX mining stocks. Several factors contribute to thi...
What is the estimated dividend payout for Rio Tinto in 2024?
December 12, 2023 10:39 PM AEDT| By Team Kalkine MediaRio Tinto Ltd (,ASX: RIO,), renowned for its generous dividends, is catching the eye of income investors as the iron ore price surpasses expectations and concerns about copper supply scarcity emerge. This outlook is particularly noteworthy within the...
Advertise your brand on Kalkine Media