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Mining
Redstone Enhances the offer price for Atlas Iron, Sweetens The Bid
September 14, 2018 03:52 AM AEST| By Team Kalkine MediaHancock Prospecting Pty Ltd owned Redstone Corporation has increased the offer price for Atlas Iron Limited (ASX: AGO) to 4.45 cents per share, given the sharing power of Redstone increases to 87% or more during the offer period. Earlier the offer pr...
Kidman on trading halt as Perth’s Warden Court decision awaited
September 13, 2018 04:04 AM AEST| By Team Kalkine MediaLithium miner Kidman Resources Limited (ASX: KDR) pressed a paused button on ASX yesterday. The securities of Kidman Resources Limited have been placed in trading halt on 12 September 2018 after recoding +11.454% of day change to trade at $1.265. Th...
Technology Metals Australia reports 99.5% Pure Vanadium from Gabanintha and eyes for leveraging price appreciation scenario
September 12, 2018 09:01 AM AEST| By Team Kalkine MediaAchievement of high purity of 99.53% Vanadium confirms potential of Gabanintha deposit: Technology Metals Australia Ltd.?s (ASX: TMT) stock surged 6.67% on September 12, 2018 after the company achieved high purity of 99.53% V2O5 product from an ammon...
Ramelius Resources bids to buy Tampia Hill’s gold miner Explaurum Limited
September 11, 2018 09:25 AM AEST| By Team Kalkine MediaRamelius Resources Limited (ASX:RMS) has announced an off-market takeover bid offer to buy Brisbane-based gold exploration and development company, Explaurum Limited for $59 million. The acquisition offer comes after the strategic attempt to gain con...
Global Geoscience suffering on ASX today
September 06, 2018 10:23 AM AEST| By Team Kalkine MediaThe Premium quality boric acid produced by the mineral explorer did not get to see bullish market for too long. As after shooting as high as 10% on ASX yesterday, Global Geoscience?s stock got dragged down 6.061% to $0.310 on 6 September 2018. In...
Evolution’s share price smashed
September 06, 2018 09:54 AM AEST| By Team Kalkine MediaEvolution?s share price tumbled 4.577% to $2.710 on 6 September 2018 (6:54 PM AEST). This seem to be due to recently announced 3 year outlook showing decreasing production year-on-year. But are investors missing on Cowal?s progress? Evolution?s Cowa...
BHP Billiton Limited clutched stakes in copper explorer SolGold
September 05, 2018 05:10 AM AEST| By Team Kalkine MediaToday morning BHP Billiton Limited announced that it has entered into an agreement with Guyana Goldfields Inc to acquire 6.1% stakes in SolGold Plc for $35.2 million. It is to buy the slice of highly coveted Cascabel copper-gold project in Ecuador wh...
Evolution provides guidance on their 2018 investor day
September 04, 2018 01:28 PM AEST| By Team Kalkine MediaEvolution Mining Limited (ASX: EVN) provided its three-year outlook and high-grade drill results on their Investor Day hosted in Sydney today, i.e. 4 September 2018. In its production outlook, the company has set their gold production expectation to...
Magnis gets $11.1 million of investment
September 04, 2018 01:22 PM AEST| By Team Kalkine MediaAfter staying in trading halt for past few days, Magnis?s shares resumed trading on ASX today, i.e. 4 September 2018. The stock has slipped by 2.632% to $0.370 despite securing $11.1 million of investment today. Graphite producer Magnis Resources Li...
Ausdrill shares soar high on report justifying Barminco acquisition
September 04, 2018 08:50 AM AEST| By Team Kalkine MediaAusdrill shares jumped 9.177% to $1.725 on 4 September 2018. Thanks to ongoing Barminco acquisition transaction that will create Ausdrill to become the Australia?s second largest mining services company. Today Ausdrill Limited (ASX: ASL) released no...
Evolution joins Andromeda in gold exploration project
September 03, 2018 07:39 AM AEST| By Team Kalkine MediaEvolution Mining Limited has entered into an earn-in joint venture agreement with Andromeda Metals Limited (APN) over their wholly owned Drummond Gold Exploration Project located in north Queensland. Close to EVN?s Mount Carlton operations, Drummond...
Northern Star successfully raises $175 million to fund Pogo acquisition
September 03, 2018 04:19 AM AEST| By Team Kalkine MediaFollowing to the trading halt announced on 30 September 2018, Northern Star?s stock took a leap of 18.10% to $8.220 in early trade today as the company announced successful completion of $175 million institutional placement. Northern Star Resources...
Ramelius Resources Limited (ASX: RMS)- Ramelius declared higher profit on record gold production
August 30, 2018 04:57 PM AEST| By Team Kalkine MediaRamelius Resources net profit after tax increased 74% to $30.8 million on record production of 208,118 ounces of gold, up 66% on FY17, for the full year ended 30 June 2018. The group reported stand-out performance for the full year posting 73% growt...
Sandfire’s profit grew 59% on the back of copper price gains
August 30, 2018 08:10 AM AEST| By Team Kalkine MediaSandfire Resources (ASX: SFR) NL today announced annual results for the 12 months to 30 June 2018. Net profit after tax attributable to members massively increased by 59% to $123.0 million, driven by high copper price and strong margins at DeGrussa C...
Argosy Minerals Limited (ASX: AGY)- Argosy added 9 hectare pond to Stage 2 Rincon Lithium Project
August 29, 2018 03:38 PM AEST| By Team Kalkine MediaArgosy Minerals Limited has announced stage 2 evaporation ponds progress at its Rincon Lithium Project posting additional 9-hectare pond. The project is in the ?Lithium Triangle? in Salta Province of Argentina. The company has completed construction...
Perseus Mining Limited (ASX: PRU)- Perseus Mining Limited narrowed down its losses in FY18
August 29, 2018 03:31 PM AEST| By Team Kalkine MediaWest African gold producer Perseus Mining Limited posted net loss after tax of $24.9 million for FY18 compared to a net loss after tax of $83.1 million in the previous financial year. There has been total production of 255,916 ounces of gold in the...
Independence Group NL (ASX: IGO)- IGO announced tremendous growth in profit ahead of Nova acquisition
August 29, 2018 10:01 AM AEST| By Team Kalkine MediaIndependence Group?s net profit after tax increased 210% to $52.7 million in FY18, driven by significant contribution from Nova operation in its first year of commercial production. Underlying EBITDA grew 125% to $338.6 million for the period ended...
CIMIC Group Limited (ASX: CIM)- CIMIC bags $140M Philippines tollway project
August 28, 2018 05:06 PM AEST| By Team Kalkine MediaCIMIC Group?s construction company Leighton Asia has been selected by NLEX Corporation to construct tollway project in the Philippines for $140 million. This project includes the construction of 2.6Km dual elevated tollway to connect North Luzon Expr...
Orocobre Limited (ASX: ORE) Rises Up - Positions itself as a low cost, high margin producer
August 28, 2018 05:23 AM AEST| By Team Kalkine MediaMining company, Orocobre (ASX: ORE) announced financial result for the year ended 30 June 2018, with record underlying net profit of US$25.7 million compared to US$13.8 million in FY17. Statutory net profit after tax was US$1.9 million after adjusti...
Great Boulder (ASX: GBR) Confirms Nickel-copper-cobalt sulphide mineralization As Stock Takes A Breather
August 27, 2018 09:39 AM AEST| By Team Kalkine MediaGreat Boulder shares rallied around 40% this month as the news of the company hitting a major sulphide mineralization at the Eastern Mafic Complex broke. The company recently announced about their first assays from drilling work being conducted at t...
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