Stock Market

Nickel at 9-year highs; 3 ASX stocks under the spotlight

Nickel on the Periodic Table

Highlights Nickel price hits nine-year high levels on the back of strong demand and tight supplies. Vale SA has squeezed its production guidance for the current year due to an ongoing strike at its Canadian mine. Various ASX-listed nickel mine...

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Sunshine Gold (ASX:SHN) shares trade bright green on ASX today. Know why

Sunshine Gold (ASX:SHN) shares trade bright green on ASX today. Know why

Gold and copper explorer Sunshine Gold Limited (ASX:SHN) shares surged up over 10% on ASX today. SHN shares have picked from a drilling commencement announced at its Titov and Keans prospects in Ravenswood West. Titov and Keans prospects It is th...

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Why MetalsTech (ASX:MTC) shares are trading strong today

Why MetalsTech (ASX:MTC) shares are trading strong today

Highlights MTC signed a strategic investment agreement with Chifeng Jilong Gold Mining. Fund movements in and out of the Company are targeted towards project growth by MTC. MetalsTech share price zoomed up during the wee hours of trade on the ...

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Five ASX-listed coal stocks under $1 amid surging coal prices

Five ASX-listed coal stocks under $1 amid surging coal prices

Highlights  Coal prices are currently hovering near all-time-high levels. The demand for coal has been increasing despite the world’s efforts to decarbonise the global economy. Supply disruptions in South Africa and Russia due to ra...

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Bathurst Resources (ASX:BRL) increases EBITDA guidance to A$95 million

Bathurst Resources (ASX:BRL) increases EBITDA guidance to A$95 million

Highlights  Bathurst Resources has increased its EBITDA guidance from AU$65 million to AU$95 million. Backed by this announcement, shares of Bathurst Resources increased by over 12% on the ASX. The shares of ASX-listed Bathurst Resour...

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AngloGold Ashanti (ASX:AGG) signs Definitive Agreement to Acquire Corvus Gold Inc.

AngloGold Ashanti (ASX:AGG) signs Definitive Agreement to Acquire Corvus Gold Inc.

Highlights  AngloGold Ashanti has signed a Definitive Agreement to acquire the remaining 80.5% of common shares of Corvus for CA$4.10 per common share in cash. The total Transaction cost to AngloGold Ashanti is estimated to be around US$37...

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CIMIC’s (ASX:CIM) UGL wins A$100M contract extension with NSW

CIMIC’s (ASX:CIM) UGL wins A$100M contract extension with NSW

  • September 14, 2021 05:41 PM AEST
  • Ritwika

Highlights CIMIC has jointly earned an award of extended transport contract with RailConnect.  The contract aims to develop modern amenities for long-distance passengers traveling from Sydney.  The contract is likely to generate AU$1...

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K-TIG (ASX:KTG) signs MOU with key UK Nuclear Body

K-TIG (ASX:KTG) signs MOU with key UK Nuclear Body

Image depicting Memorandum of Understanding. Highlights K-TIG Limited has signed a MOU with the UK’s Sheffield University based Nuclear Advanced Manufacturing Research Centre (Nuclear AMRC). The partnership between the duo aims to develo...

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King Island Scheelite (ASX:KIS) strikes Offtake deal with the Traxys Group

King Island Scheelite (ASX:KIS) strikes Offtake deal with the Traxys Group

Highlights King Island Scheelite has secured an offtake agreement with Traxys Group for the supply of tungsten concentrate from the processing plant at the Dolphin Tungsten Project. The Agreement is for the supply of 90,000 metric tonne units o...

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Why 29Metals Limited (ASX:29M) is trading up today?

Why 29Metals Limited (ASX:29M) is trading up today?

Highlights The shares of 29Metals Limited (ASX:29M) have surged by more than 22% since the company made its debut on the ASX. Rally in the world’s base metal market has supported the double-digit share price rise of 29Metals. After easin...

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Delecta (ASX:DLC) shares up 40% on uranium exploration progress

Delecta (ASX:DLC) shares up 40% on uranium exploration progress

Highlights DLC’s Uranium-focused exploration is underway at the Rex Uranium Project, with sampling and mapping programs completed and ongoing. The initial sampling programs have returned high-grade uranium and vanadium results. The annou...

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