Ora Banda Surges as Round Dam Hits 1.33 Moz
Ora Banda Mining (ASX: OBM) surged 21% to A$1.42 on Wednesday after announcing a resource upgrade that genuinely changes the story at its Davyhurst gold project in Western Australia. The Round Dam deposit, which held just 125,000 ounces not long ago, now contains 1.33 million ounces…
Mining Stocks
A 12 Year Price Floor Changes the Earnings Maths
Lynas just signed what we see as a very bullish JARE agreement with Japanese industry, and the market responded accordingly, sending the share price up 15%. In our view, this is a structural repricing of Lynas’ revenue base at a time when rare earth demand is…
OzAurum Moves Closer to Production
OzAurum Resources (ASX: OZM) climbed 5.26% to A$0.10 after receiving environmental approval from the Western Australian government for Stage 1 operations at its Mulgabbie North gold project. For most junior miners, getting through the environmental approval process is the hardest and most unpredictable part of the entire development journey. The…
200g per Tonne Gold Feedstock, Now Prove Throughput
Metallium has just given investors a firm update on the development of its Gator Point facility, with the company targeting five core minerals from electronic waste printed circuit boards: gold, copper, silver, gallium, and germanium. In simple terms, this feedstock includes old computer motherboards, server components, and…
First Drilling Hits Kasiya Style Rutile
Fortuna Metals is a small ASX-listed miner with exposure to the Mkanda and Kampini projects in Malawi, covering 658km² and sitting directly south of Sovereign Metals’ Kasiya rutile deposit.
Today’s announcement was a strong first look at what Mkanda could potentially hold. The company completed its first ever drilling program…
Revolver Resources (ASX:RRR) can boast in a way few other ASX resources juniors can, in having a project that was once Australia's highest grade mine. The Dianne deposit was mined for 4 years during the late 1970s and early 1980s, generating >20% copper. While low prices and a lack of exploration technology to uncover further…
Dyno Nobel Sinks After Phosphate Hill Sale
Dyno Nobel (ASX: DNL) fell 9.73% on Monday after confirming the sale of its Phosphate Hill fertiliser operation to Mayfair Australia Corporation for just A$1, alongside a A$125.9 million rehabilitation contribution. On the surface, that sounds like a terrible deal. In practice, it is the final step in…
The Market Just Repriced Alaska Exploration Optionality
88 Energy surged 100% today on the back of a corporate presentation that highlighted significant exploration upside, with discovery-focused drilling located adjacent to proven production infrastructure.
The main value driver behind the market re-rate was the successful discovery at South Prudhoe, which confirmed proven Ivishak and Kuparuk reservoirs, along…
The Iran oil shock is not the first and won't be the last, but still has investors perplexed at what to do. It is said that those who don't learn from history repeat it, so we think the best thing to do is look at the past and see past oil shocks and predict what…
ASX stocks are in focus ahead of the Pentagon’s March 20 deadline
The US Department of Defence has set a March 20 submission deadline for critical minerals supply proposals, seeking secure sources for 13 strategic materials, including arsenic, bismuth, graphite, tungsten, germanium, nickel, vanadium, and zirconium. For ASX investors, this is not background noise. Australia…
