By Barry FitzGerald| Outlook is good news for Kingsland and its NT graphite find, which has hallmarks of becoming a world-class orebody. Plus, Rio is sure to be looking at strong DFS numbers on CZR’s neighbouring Pilbara iron ore project.
By Barry FitzGerald | Plus, Stavely flags its Kimberley nickel prospect next to IGO’s hot hit, S2 about to drill alongside the rich Fosterville gold mine and CZR poised to release DFS on a high-margin iron ore project.
By Tim Treadgold | Markets suffered a bad case of financial flashbacks this week as the reality of interest rates staying higher for longer rocked investor confidence, leaving unanswered a tricky question: is it time to go bargain-hunting?
Boss Energy has added further strategic upside to its already significant South Australian uranium portfolio with the award of four highly prospective exploration tenements under a minerals rights sharing arrangement with copper developer Coda Minerals (reports Small Caps).
By Tim Treadgold Andrew Forrest returned to centre-stage this week with a starring performance that rescued the share price of his Fortescue mining group, but it wasn’t the only big event as annual results poured in and prices moved higher, with a few notable exceptions.
Bulk floatation test work by RareX (ASX: REE) has shown consistent performance for the production of a phosphate mineral concentrate from the company’s Cummins Range project in Western Australia (reports Small Caps).
Yawning gaps in asset-value estimates have emerged as a key measure of the uncertainty gripping global markets as central banks tighten the interest-rate screws.
Trigg Minerals (ASX: TMG) is advancing a program of aircore drilling as part of a pre-feasibility study (PFS) at its wholly-owned Lake Throssell sulphate of potash (SOP) project in Western Australia (reports Smallcaps).
Sharp share-price rises by lithium stocks were rare highlights in a down week dominated by investor concern about how high interest rates might have to rise before central banks are confident that they have tamed inflation.
South Australia uranium developer Boss Energy (ASX: BOE) continues to make strong progress on its planned reopening of the Honeymoon mine, with well field drilling now underway (reports Small Caps).
Interest rates are not alone in reaching for the sky. The mighty U.S. dollar is also rocketing up and when it comes to commodity prices the combination of higher rates and a higher dollar can be lethal, as seen in the sliding gold price.
Marketing, not discovery, can be the biggest test for a small company trying to enter a bulk commodities business, which is why iron ore hopeful CZR Resources (ASX: CZR) could have just got a leg up (reports Tim Treadgold on Small Caps).
Commodity and share prices edged higher this week as investors waited nervously for interest rate news from a gathering of central bankers in a U.S. ski resort.
BHP’s bid for OZ Minerals was the highlight of remarkably upbeat trading on the Australian market this week as fear of future interest rates hikes faded and M&A became the game to play.
Emerging producers like Bellevue could be on the menu for the big producers, ditto for Peel in the copper space. Stavely shareholders soak up SPP and Creasy punts on Galileo neighbour Greenstone.
Confidence returned to financial markets this week even as central banks continued to tighten the interest rate screws, with nowhere more positive than Australia’s resources sector, which partied in a wet and windy Kalgoorlie.
In this global energy crisis and global climate crisis uranium is the new black (reports The Australian).
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.
Resurgent Mark Creasy-controlled iron ore play CZR is at an exciting juncture. Yes, Creasy is everywhere (reports Stockhead).
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