Investors looked through this week’s bad news of rising interest rates and declining dividends in the belief that a threatened recession will be short-lived with a sustainable recovery possible next year.
Despite cost pressures, an enlarged Sandfire Resources has beat full-year production guidance (reports MiningNews).
OZ Minerals mine boss Gabrielle Iwanow will become the first female chief executive of Mincor Resources following the unexpected departure of David Southam (reports The West Australian).
Shares in Mincor tracked higher after the company unveiled a maiden 22,600 tonne resource for its Golden Mile deposit dubbed LN04a (reports The West Australian).
Labyrinth’s maiden surface drilling program at its namesake project in Canada is off to a rousing start with its first hole intersecting high-grade mineralisation of up to 44g/t gold (reports Stockhead).
With its first new bar poured last month from its new King of the Hills plant at Leonora in Western Australia, the Red 5 team is already thinking about how to boost production far beyond nameplate (reports MiningNews).
Resurgent Mark Creasy-controlled iron ore play CZR is at an exciting juncture. Yes, Creasy is everywhere (reports Stockhead).
With sanctions on Russian zinc supply adding pressure on Sweden – Europe’s second largest zinc producer, to increase supplies – Alicanto’s Sala resource might just be the missing link (reports Stockhead).
The turn-around underway at Gascoyne illustrates this upside while Ivory Coast gold mine developer Tietto is also in line for a re-rate. Plus, Bellevue Gold insulates itself against rising costs.
To buy, or not to buy, that is the question dogging investors as they’re swamped with the competing evidence driving volatile financial and commodity markets, with gold leading the way down and copper trying to lead the way up.
Bellevue Gold has awarded the engineering, procurement and construction contract for its 1 million tonne per annum Bellevue plant to GR Engineering Services (reports MiningNews).
The huge size of an Aussie-listed miner’s two gold-copper discoveries in Ecuador is becoming increasingly clear, with two of Australia’s most experienced analysts saying they could host up to 15 million ounces of gold equivalent (reports Stockhead).
A lithium producer for car makers including BMW and Tesla is beginning work to assess battery metals projects in Xinjiang, deepening links between electric vehicle supply chains and a region at the heart of human rights allegations against China (reports Bloomberg).
E79 Gold Mines (ASX: E79) has started a major new phase of aircore drilling at its flagship Laverton South gold project in Western Australia (reports Small Caps).
Trigg Mining has announced the completion of a sighter evaporation trial on brine samples from its flagship Lake Throssell sulphate of potash (SOP) project in the Laverton region of Western Australia (reports Small Caps).
Rare earth stocks, like the rest of the mining sector, have been sold down for much of the past six months, but three clues can be found, which point to the potential for a strong recovery (reports Tim Treadgold on Small Caps).
The 30-40% slump in copper stocks in response to the 31% crunch in the copper price since its early March highs has naturally enough triggered thoughts that the copper stocks are now in deep value territory.
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