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By Barry FitzGerald  Plus, Beament’s Develop tables more cracking hits from its Woodlawn zinc-copper asset ahead of a resource update and Meteoric gets pulses racing with latest rare earths results. 

Tim Goyder, Chalice Mining’s largest shareholder, says a slump in the critical minerals explorer’s share price is an overreaction by a market that wants “a bed of roses” and needs to “get real” about long-term value (reports The Australian Financial Review).

Green metals from Chalice Mining’s flagship Gonneville deposit at its Julimar discovery could inject around $18 billion into the WA economy over almost two decades (reports The West Australian).

Study reveals huge leverage for $30m junior, with 20% jump in copper price boosting NPV to $1b. Plus, gold equities lagging bullion price and will BHP or IGO join the battle for Mincor?

Stavely Minerals (ASX: SVY) is moving forward with a significant new phase of exploration activity at its wholly-owned Stavely copper-gold project in western Victoria following an extensive review of regional and near-resource discovery opportunities last year (reports Small Caps).

Sunstone could soon have greater insight into the true scale of the T2 porphyry target within its El Palmar project with the start of drilling to test the geophysical anomaly (reports Stockhead).

Forecasts of big supply deficits by the likes of Glencore suggest the red metal is about to get red hot, making smaller stocks such as New World Resources an investor’s playground.

Sandfire Resources has maintained its materials output guidance for the 2023 financial year, despite copper production during the December quarter being lower than anticipated (reports The West Australian).

A dearth of critical minerals projects on the market is forcing miners to look further afield for green metals, according to an analyst, with BHP making its first investment in Serbia to hunt for copper (reports The West Australian).

China’s rush to reboot its slowing economy is underpinning confidence in the Australian stock market, but the Chinese shift has been so sudden that signs of dislocation are emerging, such as evidence of a copper short squeeze along with wide differences in company valuations.

Sunstone’s drilling has uncovered a porphyry gold-copper system at the Limon target that has the potential to substantially upgrade the scale of its Bramaderos project in southern Ecuador (reports Stockhead).

Glencore boss Gary Nagle says the company will not bring new copper production online until pricing reflects the severe market deficit (reports MiningNews).

Copper explorer New World Resources (ASX: NWC) has revealed “exceptional” assay results from deep drilling at its wholly-owned Antler copper project in Arizona, United States (reports Small Caps).

Copper prices will rocket to record levels in the next 12 months, according to Goldman Sachs, as a looming supply shortage coincides with growing demand, keeping the physical market for the metal in deficit in 2023 (reports The Australian Financial Review).

Coda Minerals’ mining study on its Elizabeth Creek copper-cobalt project in South Australia’s Olympic province has defined a pathway towards rapid development of open pit mining and provided a solution to the challenging underground deposit (reports MiningNews).

New World Resources (ASX: NWC) has identified multiple new high-priority drill targets along strike from its wholly-owned Antler copper deposit in northern Arizona, United States (reports Small Caps).

New World Resources says the latest assays from three deep exploration holes at its Antler copper deposit in Arizona, USA, have further expanded the deposit 150m down dip (reports Stockhead).

Analysts tip Sandfire to be a big winner, especially if BHP takes over OZ, leaving Sandfire as the biggest ASX copper producer. Plus, there’s leverage galore in $22m Labyrinth with maiden JORC Resource imminent at its Canadian gold project.

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.

The US$1.8 billion acquisition of the MATSA copper complex in Spain gave Sandfire Resources a dominant position in one of the world’s most prolific mineral belts (reports MiningNews).