Metal & Mining Stocks

Rio Tinto squeezes its iron ore shipment forecast for 2021

Rio Tinto

Highlights Rio Tinto Group (ASX:RIO) has reduced its production forecast for iron ore shipments for 2021. The downgrade in the shipments of the company has put Rio on course to lose its spot as the world’s leading iron ore producer. Iron...

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How did Elementos (ASX:ELT) debt closure affect share prices?

How did Elementos (ASX:ELT) debt closure affect share prices?

n the ASX. Highlights All of ELT’s existing loan facilities have been closed or converted into equity. Elementos has ceased to be a reporting issuer in Canada. Further, ELT’s Oropesa resource estimate is on track for delivery in O...

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BHP Group (ASX:BHP) contributes A$34.1 billion to the Australian economy in FY21

BHP Group (ASX:BHP) contributes A$34.1 billion to the Australian economy in FY21

In an announcement on Wednesday, the ASX-listed global resources company BHP Group Limited (ASX:BHP) has revealed its contributions to the Australian economy. The Company has mentioned that it has invested AU$34.1 billion in the Australian economy ...

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Why shares of Pan Asia Metals Limited (ASX:PAM) closed ~20% up today?

Why shares of Pan Asia Metals Limited (ASX:PAM) closed ~20% up today?

Highlights  The share price of Pan Asia Metals Limited (ASX:PAM) skyrocketed by 42.48% on Tuesday during intraday trading. The company has encountered significant lithium mineralisation at its Reung Kiet Lithium project, located in Thailan...

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TNT Mines (ASX:TIN) to acquire Mt Ida Gold & Copper Project, shares gain upto 23%

TNT Mines (ASX:TIN) to acquire Mt Ida Gold & Copper Project, shares gain upto 23%

Highlights TNT Mines has concluded a non-binding agreement with Ora Banda Mining Ltd to acquire the Mt Ida gold/copper project. Mt Ida Gold Pty Ltd, is a fully owned subsidiary of Ora Banda Mining Ltd. The shares of the stock posted huge gains...

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Here’s why Alumina Limited’s (ASX:AWC) shares are trending today

Here’s why Alumina Limited’s (ASX:AWC) shares are trending today

Shares of the world’s largest alumina and bauxite producer, Alumina Limited (ASX:AWC), are currently trading near 18-month high levels. Shares of the company surged by 14.04% in the last five days to trade at AU$2.035 per share as of Tuesday ...

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Mastermyne (ASX:MYE) acquires mining services company PYBAR

Mastermyne (ASX:MYE) acquires mining services company PYBAR

Highlights Mastermyne will be acquiring 100% shares in PYBAR mining services company. The acquisition consideration is payable in cash and scrips; it shall be EPS accretive. The transaction is expected to enable a diversified service base to the...

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What’s behind Sayona Mining’s (ASX:SYA) wild 1500% rally in the past year?

What’s behind Sayona Mining’s (ASX:SYA) wild 1500% rally in the past year?

Highlights Shares of Sayona Mining have increased by a whopping 1500% over the past year. SYA has been in pursuit of its growth and expansion plans for advancing its land assets. The miner has a slew of notable activities planned to be underta...

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Eastern Iron (ASX:EFE) gains over 123% on Lithium project MOU

Eastern Iron (ASX:EFE) gains over 123% on Lithium project MOU

Iron focused resource developer Eastern Iron Limited (ASX:EFE) shares skyrocketed on the ASX today. It is a result of EFE's MOU with Ya Hua International Investment and Development Co. Ltd for strategic acquisition and development of lithium projects...

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CIMIC Group’s (ASX:CIM) UGL secures Oil & Gas Extensions in Western Australia

CIMIC Group’s (ASX:CIM) UGL secures Oil & Gas Extensions in Western Australia

Highlights CIMIC Group’s UGL has received two contract extensions for planning, maintenance and shutdown services in Western Australia.  CIMIC is likely to make AU$160 million in revenue from the contracts.  Backed by the annou...

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Mayfield (ASX:MYG) fully buys ATI Australia, shares surge on ASX

Mayfield (ASX:MYG) fully buys ATI Australia, shares surge on ASX

Highlights Mayfield Group Holdings Limited has entered into a conditional agreement to buy the remaining 60% interest in ATI Australia Pty Ltd (ATI). This suggests that after the completion of this deal ATI will become a 100% subsidiary of Mayf...

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