They are the majority owners of Australia’s best lithium address, but now IGO Group and Chinese company Tianqi want to spend $136 million muscling into a second lithium province in Western Australia (reports The Australian Financial Review).
BMO Capital Markets says low inventory levels has the potential to be the defining issue for industrial metals markets in 2023 (reports Mining News).
Bank of America sees the gold price heading to more than US$2000 an ounce in the coming months on the back of developments in US interest rates and foreign exchange markets (reports Mining News).
Plus, the disconnect between Sunstone’s $100m market cap and its case for why it could be on its way to 10Moz
The Santa rally which has delivered a 10% rise in the Australian stock market over the past three months started to fade this week as investors took a look at 2023 and the waves of uncertainty and volatility the new year will bring.
Chalice Mining Managing Director & CEO Alex Dorsch hosted a live investor webinar, regarding progress at the Julimar Nickel-Copper-PGE Project in WA.
Sunstone Metals (ASX: STM) Managing Director Malcolm Norris hosted a live investor webinar and provided an update on the Bramaderos gold-copper project in Ecuador.
Calidus Resources Managing Director Mr Dave Reeves provided an update on progress at its Warrawoona Gold Project and the nearby Blue Spec Project.
The billies are diving in via the bigger players. But the less well-heeled can get a slice of the action through numerous leveraged juniors such as RareX and AR3. And Greenvale shares burn rubber on plan to be Australia’s only bitumen producer.
Energy sector deals, funded in part by the re-allocation of iron ore profits, put a spark in the stock market this week even as investment banks ran fresh storm warnings up their economic flagpoles.
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