The twin trading halts from Sandfire Resources (ASX: SFR) and Auris Minerals (ASX: AUR) on Monday “pending exploration results” at the Morck’s Well farm-in project, 22km from the DeGrussa copper mine in WA, sent a strong pulse of excitement through the junior exploration sector.
Shareholders in David Flanagan’s Battery Minerals (ASX: BAT) stand to triple their money as the company develops its Montepuez graphite project in Mozambique, according to a new research report from broker Hartleys.
Spitfire Materials (ASX: SPI) is dusting off its legacy Pilbara manganese projects to take advantage of current interest in the space, while boosting the exploration target for future underground mining at its mainstay Aphrodite gold project north of Kalgoorlie, Western Australia (reports MiningNews).
Eganstreet Resources has increased its high grade resource past the 400,000 ounce mark as it closes in on completing a definitive feasibility study this quarter for its Rothsay gold project north east of Perth in Western Australia (MiningNews reports).
Sipa Resources has enticed global mining giant Rio Tinto to consider spending up to US$59 million as part of a staged earn-in at the Kitgum-Pader base metals project in northern Uganda, just months after Rio established a subsidiary specifically to look outside the company’s traditional bailiwick (MiningNews reports).
Mass production of electric vehicles (EVs) will transform the nickel market, which must evolve from pricing and supply perspectives in order to meet the anticipated surge in demand, a Vale executive said (reports Metal Bulletin).