Coronado Global Resources (ASX:CRN) was one of the biggest movers on the ASX on Monday, with the stock jumping around 20% after the company agreed to sell its loss-making Logan Mining Complex in West Virginia. The buyer, Kentucky-based Phoenix Coal Holdings, is paying only a "nominal" amount of cash. So why the strong reaction?
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Mining Stocks
Last week, we wrote about the IEA's Global EV Outlook. The message was clear: That 2025 was a watershed year for EV demand and 2026 will be stronger still. But a couple of things stood out for us and they were the sections on whether or not more electric vehicles would mean more mining and…
ASX Mining Stocks Worth Watching While Commodities Stay Resilient
Australia's mining stocks have been one of the most resilient corners of the ASX, and that strength stands out given how much the macro backdrop has shifted in recent weeks. Earlier in May, falling oil prices and hopes of easing Middle East tensions sparked a rotation…
Evolution Mining (ASX:EVN) Falls Nearly 5% as Gold Slides: Is the 36% Pullback a Buying Opportunity?
Evolution Mining (ASX:EVN) shares fell another 4.85% on Wednesday to close at A$11.37, extending a slide that has now taken the gold miner roughly 36% below its early-March all-time high of A$17.75. For a stock that was one of the market's standout performers earlier this year, it's a sharp reversal. It has left investors asking…
Lynas Rare Earths (ASX:LYC) fell 4.3% on Tuesday to close at A$18.12, with no bad news from the company itself. The selling looked like classic profit-taking after a remarkable run. Even after the pullback, Lynas is still up around 48% for the year, making it one of the standout performers on the ASX in 2026.…
New Hope Rises on Strong Q3 Result
New Hope Corporation (ASX:NHC) shares pushed higher on Monday, testing intraday highs of A$5.32 after the coal miner delivered a strong Q3 FY26 result. Underlying EBITDA jumped 21.7% to A$130.1 million as the company sold more coal at slightly higher prices. While most investors have spent 2026 chasing…
ASX manganese stocks have been far from the best performer on account manganese spending most of the past decade sitting in the background of the battery‑materials conversation. Lithium captured the headlines, nickel dominated the midstream debate, and graphite became the unexpected bottleneck.
Yet manganese has quietly become one of the most strategically important inputs in the…
Have you ever heard the term 'nearology play'? This term is alluding to the following recurring rhythm: A company announces a major discovery, the market erupts, and within days every explorer holding ground within a 50‑kilometre radius is suddenly treated as the next potential winner. Investors call it nearology. Geologists tend to roll their eyes.…
Fortuna Metals is emerging as one of the most interesting natural rutile exploration stories in the market. The company controls the Mkanda and Kampini projects in Malawi, a combined 658km² land position that sits directly south of Sovereign Metals’ Kasiya deposit. Kasiya is the world’s largest undeveloped natural rutile resource and has already demonstrated the…
BHP Hits Record High as Copper Stocks Surge
BHP (ASX:BHP) climbed to a fresh all-time high on Tuesday, jumping 2.49% to close at A$59.78 and pushing the miner's market cap above A$300 billion as copper continues its record-breaking run. The metal is now trading at record levels, recently surpassing US$13,900 per tonne on the LME.…
