South32 Profit Surprise Meets High Expectations
South32 (ASX:S32) told two very different stories on Thursday. In the morning, the stock surged to around A$4.91 as investors cheered a strong half-year result. By the close, it had fallen nearly 8 per cent from the high to A$4.52, giving back all its gains. The message was clear:…
Mining Stocks
Syrah Resources Surges on Tariff Boost
Syrah Resources (ASX: SYR) rose 6.4% this week to A$0.25 after the US trade case against Chinese graphite moved closer to a final decision. The US Department of Commerce has confirmed combined anti-dumping and countervailing tariffs of at least 160 per cent on graphite anode material imported from China.…
Canada Exposure, Metallium Processing, One Thesis
New Frontier Minerals has signed a binding option and staged earn in agreement to acquire up to 90% of the Pomme REE-Nb Project in Quebec, roughly 500 km northwest of Montreal.
What we like about this move is it adds a Canadian rare earths and niobium asset in a strong…
Evolution Mining (ASX:EVN) Surges 9% on Record $767M Profit- So Why Do Most Analysts Still Say Sell?
Evolution Mining Hits Record Profit, But Is It Priced Too High?
Evolution Mining (ASX: EVN) shares jumped almost 9% after the company reported the best half-year result in its 14-year history.
Net profit more than doubled, rising 110% to AUD 766.6 million, while revenue increased 37% to AUD 2.79 billion. The company also announced a record…
Placement Locked In, Sentiment Explodes
Great Dirt Resources saw a significant re-rating today, up 130%, after locking in binding agreements to raise $1.446 million via a share placement.
The company is issuing 9.3 million shares at $0.155 to raise roughly $1.4 million. Management said demand was strong, with new investors coming in, including Australian high net…
Amplitude Energy The Market Was Positioned for Gas, It Got Water
Amplitude Energy (ASX:AEL) saw a sharp sell-off, down around 20%, after updating the market on drilling at the Elanora 1 exploration zone in the offshore Otway Basin.
The objective was straightforward. The well was targeting a gas-bearing reservoir known as Waarre A.
Operationally, the update was…
Power Minerals hits record grades, but the maiden resource is key
Power Minerals (ASX:PNN) is sitting at an interesting crossroads. The stock surged nearly fourfold from its June 2025 low of A$0.055 to a peak around A$0.21, driven by a string of high-grade niobium and rare earth hits from its Santa Anna Project in Brazil.…
Fortuna Metals Rutile in the Shadow of a US$2.3bn PFS Comparable
Fortuna Metals (ASX:FUN) has further demonstrated larger-scale rutile mineralisation within its Mkanda Project, which is 1 of 2 projects that sit within the Malwai resource jurisdiction.
The company ran a very shallow, first pass drilling program using hand auger holes, and reported only the top…
Last week, the Rio Tinto Glencore merger got consigned to the bin...at least for now and investors may be wondering if mega mining deals are too difficult to pull off that you might as wells say they are dead.
We've already written about what it means for both companies, but let's take a look at what…
The proposed Rio Tinto Glencore merger is off. The deal would have created the world's biggest mining company, capped at hundreds of billions of dollars but the deadline of February 5 (to declare an intention, extend negotiations or withdraw) came and went with no deal being done.
What are the best ASX stocks to buy right…
