News - Market Insights

Northern Star Resources has growth ambitions beyond its current status as a leading Australian mid-tier gold miner (reports MiningNews).

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Dacian Gold executive chairman Rohan Williams says it is inevitable the newly minted gold miner will come on to the radar screens of bigger rivals but so far he has had “zero” interest (reports The West Australian).

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Sandfire Resources boss Karl Simich says the company expects to bring its new high-grade Monty copper-gold project into production by the end of this year (reports The West Australian).

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Pilbara Minerals managing director Ken Brinsden has moved to allay fears about an oversupply of lithium in the global market leading to price falls (reports The West Australian).

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Albemarle Corp, one of the world’s biggest producers of the lithium that is critical to electric vehicle batteries, has shrugged off the recent weakness in lithium prices and continues to believe in strong demand growth for the commodity (reports The Australian).

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Mincor Resources managing director Peter Mucilli says the miner’s newly minted Widgiemooltha gold mine remains an important asset despite the Kambalda company reviving its famed nickel business on the back of improved prices (reports The West Australian).

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Highly-rated Blue Ocean Equities analyst Steuart McIntyre has rated copper-zinc developer Venturex Resources (ASX: VXR) as one of his top stock picks from this year’s Diggers & Dealers Mining Forum in Kalgoorlie – based on a meeting with new MD Ajanth Saverimutto at his booth.

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Battery Minerals boss David Flanagan says the company has seven groups interested in completing the balance of funding for its $US51.2 million ($69 million) Montepuez graphite project in Mozambique (reports The West Australian).

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