Gorilla Gold surges after a 900% resource increase: what's next?
Gorilla Gold (ASX: GG8) climbed another 5% yesterday after announcing a 900% jump in gold resources at its Comet Vale project in Western Australia. The resource has grown from around 96,000 ounces to 860,000 ounces, a remarkable result for a company that has quietly become…
South32 (ASX: S32) climbed 3.6% on Friday after Macquarie upgraded the stock to Outperform with an A$3.70 price target. The broker pointed to improved returns and a favourable commodity backdrop as reasons for the bullish shift. For investors watching the ASX resources space, this upgrade comes at an interesting time. Silver has surged 119% year-to-date, copper…
Alcoa’s (ASX: AAI) share price has almost doubled from its 52-week low of A$36.20 and is now trading around A$58. The stock hit a high of A$73.21 earlier this year before pulling back, but the business keeps getting stronger. Record smelter production, aluminium prices at their highest level in three years, and a major gallium…
BMC Minerals (ASX: BMC) made a strong entrance on the ASX on Friday, surging 25% from the A$2.00 IPO price to close at A$2.50. The oversubscribed A$100 million raising gives the company a market cap of roughly A$550 million, making it the largest non-gold mining IPO on the ASX since 29Metals in 2021. For investors,…
Newmont at record highs: buy or wait?
Newmont (ASX: NEM) has delivered one of the standout performances on the ASX this year, surging approximately 135 per cent to trade near AUD $150 per share as gold prices soar to record highs near USD $4,300 per ounce. The world's largest gold miner is generating record free…
The Australian Securities Exchange (ASX) has become one of the most active and diverse financial marketplaces in the Asia-Pacific region, and among its many listed sectors, gambling-related companies occupy a unique and influential position.
These firms range from global gaming-technology providers to sports-betting operators and payment-service companies. Understanding how gambling stocks work on the ASX requires…
ASX Gold Stocks: Profits Surge After Fed Rate Cut
Gold surged past US$4,300 per ounce on Friday, testing the record highs reached in October, after the US Federal Reserve delivered its third rate cut of 2025. The 25 basis point reduction brought rates to 3.5-3.75 per cent, their lowest level in three years. For ASX…
Nickel Industries Gains Quota Approval: What’s Next for Investors?
Nickel Industries (ASX: NIC) finally has the green light investors have been waiting for. Indonesian authorities approved an increase to the company's 2025 ore sales quota from 9 million to 10.5 million wet metric tonnes, allowing sales to restart immediately. For a stock trading around AUD…
ANZ Group Holdings (ASX: ANZ) finds itself in an unusual position today. Former CEO Shayne Elliott has launched legal action against the bank, claiming it breached his departure agreement by stripping A$13.5 million in bonuses. Yet shares are trading around A$35.70, up roughly 1% on the day and near 52-week highs.
For investors, this creates a…
Prairie Lithium Secures Offtake Deal - A Buy at Current Levels?
Prairie Lithium (ASX: PL9) announced today that it has secured a binding offtake agreement with South Korea's Hydro Lithium. This locks in 100 per cent of production from its Phase 1 plant. Coming just two months after a deal with US-based Stardust Power, we…
