Honeymoon guidance cut to 1.40-1.45M lbs as weather and infrastructure delays compound
Boss Energy Limited's (ASX:BOE) Honeymoon uranium operation in South Australia has had a difficult quarter, and the company has now formally revised its FY26 production guidance downward. What was previously a 1.6M lbs target has been reduced to a range of 1.40M to…
Mining Stocks
St Barbara Falls Despite Touquoy Approval
St Barbara (ASX:SBM) delivered two pieces of good news this week. It received approval to restart its long-dormant Touquoy gold mine in Canada, and its Simberi operation in Papua New Guinea posted its best production quarter in some time. So why are shares still falling? After a roughly 150%…
Rio Tinto Sparks Boron Bidding War
Rio Tinto (ASX:RIO) is attracting serious attention this week after Bloomberg reported that the mining giant is preparing to sell its California boron operations in a deal that could fetch up to US$2 billion. More than a dozen potential buyers have already circled the assets, with binding offers expected…
Many investors may prefer stock market sectors with high margins over those with low margins. Profit margins are one of the simplest signals investors reach for when assessing business quality, yet they are also one of the most frequently misread.
It is tempting to treat margins as a scoreboard and just say high is good and…
Whitehaven Coal cut debt costs, but coal prices still matter
Whitehaven Coal (ASX:WHC) fell 3.2% last Friday (10 April) to close at A$8.12, dipping as low as A$7.81 intraday, despite announcing a A$853m refinancing deal at approximately 6% per annum. In just one week, Whitehaven settled its US$500m deferred BMA acquisition payment and secured a…
Fortescue Falls on Diesel Supply Fears
Fortescue (ASX: FMG) shares fell 1.32% to A$20.26 in Friday's session as the mining giant found itself caught between two competing headlines. On one hand, the company is pushing harder than ever on its Pilbara renewable energy rollout. On the other hand, a worsening global diesel supply crunch is…
ASX Mining Stocks Under Pressure as Iron Ore Falls
Iron ore has slipped to around US$103 per tonne on the Singapore Exchange, testing levels not seen in over a month, as Chinese ports hold near-record amounts of the steel-making ingredient- 177.5 million tonnes across 47 major facilities. For investors in BHP (ASX:BHP), Rio Tinto (ASX:RIO)…
Alkane Resources rises on strong quarter
Alkane Resources (ASX:ALK) climbed 4.07% to A$1.79 on Thursday after releasing a strong March quarter production update. The company delivered solid gold and antimony output across all three of its mines while building one of the healthiest balance sheets of any small-cap gold producer on the ASX. For investors…
Regis Resources (ASX:RRL) quietly delivered one of the more impressive quarterly updates on the ASX this week. The gold miner produced 90,600 ounces in the March quarter, keeping its full-year total at 277,500 ounces and firmly on track to meet FY26 guidance of 350,000 to 380,000 ounces. What really stands out is the cash position.…
Add a new term to your vocabulary: The Iran Ceasefire Rally. The rally on the ASX yesterday, that saw our bourse rise over 2.5% in its best day in several months, occurred amidst a 2 week suspension of hostilities in Iran. And the ASX was not alone with Asian markets and North American futures rallying,…
