Bauxite On Metallica’s Playlist
Rio Tinto is not spending $US1.9 billion on developing its Amrun bauxite project south of Weipa on Cape York Peninsula on a wing and prayer.
Read MoreCommodities
Stavely Results Dangle The Carrot Of A Big Victorian Copper Find
Exploration for porphyry-style copper/gold deposits with their potential for big and long- lived production is normally the preserve of the major miners. And more often than not their exploration effort is in far-flung places like the Andes and the Gobi.
Read MoreNzuri Goes Hunting For A Copper-Cobalt Monster
Ivanhoe neighbour Nzuri goes hunting for a copper-cobalt monster of its own….plus, Nusantara Resources comes to market seeking up to $20m to get its 1.74moz Awak Mas gold deposit moving towards production and Spitfire set for first assays.
Read MoreDraig Aims To Emulate Northern Star & Dacian
There are plenty of examples of ageing mines in Western Australia’s goldfields enjoying a second, third or fourth wind thanks to new resources being found at depth or in adjacent locations.
Read MoreWetar Better Than Bali For Finders’ Copper Cash Machine
It’s no Bali, but Indonesia’s Wetar Island in the Banda Sea north of Timor Leste is proving to be a happy stomping ground for the often over-looked copper producer Finders Resources (FND).
Read MoreBack To Where It Began For Acacia & Riversdale Team
Junior miners with sub-$10 million market caps going in to a trading halt pending a “material’’ announcement is a daily occurrence. More often than not the so-called material announcement turns out to be a bit of fizzer. Red faces all around.
Read MoreSpin-Off Starlets Ardea & Todd River Unlocking Hidden Value
Unlocking the value of hidden assets by spinning them off in to a separate and focussed ASX listing is proving fertile ground for the junior mining sector.
Read MoreShining A Light On Capricorn
Last year’s crack down by the regulators on what can be said about the scope of a project based on inferred resources – i.e. pretty much nothing – was frustrating stuff for the industry.
Read MoreGetting Misty Eyed on Boorara
Any day now, MacPhersons Resources (ASX:MRP) will be reporting the latest drill results from its Boorara gold project, all of 10km east of Kalgoorlie’s Golden Mile.
Read MoreEcho Sounding On Echo’s Break-Out
Gold’s initial buy-the-fact rally in response to the first of the three expected US interest rate rises this year was welcome stuff for the ASX gold sector, which has been showing signs of buying support fatigue.
Read MoreLeverage To The Hunt For The Next Nova
Here we are at the start of another exploration field season in Western Australia’s remote Fraser Range, home to the 2012 Nova nickel-copper discovery by Sirius Resources, now a producing mine and part of Independence (ASX:IGO) after its $1 billion cash and shares takeover in 2015.
Read MoreAttila In Company-Making Zinc Deal On Century
There is a whole bunch of ASX-listed junior zinc developers jostling for market attention as the prices for the galvanising metal continues its merry run in to 2017.
Read MorePlucky Panoramic Plots Return To Savannah
The rally in a broad sweep of commodity prices has not only benefitted the big end of town where the likes of BHP Billiton and Rio Tinto have gone a long way in justifying their strong share price recoveries by posting big profit gains for the December half and 2016 calendar year respectively.
Read MoreVenturex’s Zinc Project Comes Up Trumps
John Nitschke, the well-credentialed chief executive of the lightly capitalised Venturex Resources (ASX:VXR), has been out and about telling the market that the group has the right metals from the right project at the right time.
Read MoreGold Takeovers To Step Up As Trump Tweets Gold Higher
Newcrest chief executive Sandeep Biswas has just taken to following Donald Trump on Twitter. The reason why is simple enough – Newcrest is Australia’s biggest gold producer and Trump’s penchant for off-the-wall daily tweets is fuelling fear-buying of the yellow metal, pushing it to three months highs.
Read MoreDisruption Fires Up Copper Bulls
There does seem to more good reasons for copper to march higher than there is for iron ore to hold on to price strength in the year ahead. The growing copper optimism is based on a rash of supply disruptions.
Read MoreAre We In A Resources Boom..Or Not
With resources being such a key part of the Australian economy it will be important in 2017 to watch the resources sector closely, particularly some of the ‘later cycle’ commodities, for signs of a continued resources sector recovery.
Read MoreKohler’s Charts – Commodities & The A$ Diverge
The Aussie dollar broke below US74c and is clearly the thing to watch this week as markets continue to digest the result of the US election.
Read MoreRio And Woodside: Has The Trend Changed?
Following an article by Karl Siegling in May 2016 titled ‘Commodities: Has the trend changed?’ we will look in detail at two of our current commodity positions – a short position in Rio Tinto (RIO) and a short position in Woodside Petroleum (WPL).
Read MoreSun Shines Brightly On Capricorn
Gold’s stellar run this year (its 16 per cent rise has seen it outperform virtually every other asset class in the first two months of 2016) has resulted in a re-rating for most producers. But investor interest is also starting to trickle down to the ranks of developers and, dare we say it, explorers.
Read MoreBroker Turns Bullish On Pilbara Minerals
An impressive run of positive news including a major resource upgrade, an increase in the estimated size of its flagship project, a series of potential off-take deals and a recent price increase for its key product has prompted a top resource analyst to double his valuation for Pilbara Minerals (ASX: PLS).
Read MoreOrinoco Honing In On Production
Shares Orinoco Gold (OGX) have been valued at a 60 per cent premium to their current price as the Brazilian-focused gold developer closes in on first production at its high-grade Cascavel Project early next year.
Read MoreLithium Upside In Pilbara Minerals
Pilbara Minerals (PLS) has been a standout performer in the Australian junior mining sector this year, raising more than $13 million from strategic investors, developing its first mine, commencing a Feasibility Study on its second, much larger, lithium project, and signing up an impressive portfolio of global off-take partners.
Read MoreHow BHP & RIO Hide The Iron Ore Slump From You
You may not have noticed, but BHP Billiton’s (BHP) and Rio Tinto’s (RIO) share prices have stopped tracking commodity prices. Their shares are rising, but the price of iron ore has been slumping.
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