Sandfire Resources has delivered an “extraordinarily strong” September quarter, both advancing its exploration and development projects and setting the miner up to deliver at the higher end of guidance, managing director Karl Simich said (reports MiningNews).
Pilbara gold miner Millennium Minerals (ASX: MOY) has delivered an improved third quarter, turning the momentum positive for its planned operational turnaround and underpinning a BUY recommendation and increased target price of 29c-a-share, says broker Bell Potter.
It was only a little more than four years ago that the then-penny dreadful Pilbara Minerals picked up what was originally the Pilgangoora tantalum-lithium project, 120km south of Port Hedland, (writes Barry FitzGerald on MiningNews).
Macquarie Equities and Credit Suisse both issued upbeat assessments of Pilbara Minerals’ (ASX: PLS) September Quarterly Report released this week, with both brokers issuing “outperform” ratings and healthy price targets of $1.20 and $1.15 respectively for the newly-minted lithium miner.
Saracen Mineral Holdings boss Raleigh Finlayson says the gold miner is unashamedly a growth stock but that organic extensions and exploration will remain its expansion priorities (reports The West Australian).