On Monday December 22, the ASX quarterly rebalance will be effective. Stocks will be promoted into new indices, while others will be demoted. It is important to note from the outset the June and December rebalances only involve the ASX 50, ASX 100 and ASX 200 indices whilst the March and September rebalances also involve…
Mining Stocks
World-Class Rare Earth Potential
St George Mining (ASX:SGQ) has delivered an exceptional run on the ASX, rising 242% over six months despite a recent 40% pullback driven largely by shifting macro sentiment. We’ve covered SGQ extensively in recent months, and today the spotlight is on the company’s Araxá Project in Brazil, which has just produced…
Bass Oil Lands Origin Energy Agreement
Bass Oil Limited (ASX:BAS) delivered a major re-rating today, with the share price surging 129% after announcing a Gas Sales Agreement (GSA) with Origin Energy, one of Australia’s largest gas and electricity wholesalers. The agreement covers the supply of gas from the Vanessa Gas Project, which Bass is in…
This morning's release of the Gonneville PFS marks the most important moment for Chalice Mining (ASX:CHN) since Gonneville was discovered across 2020-21.
Gonneville, which will be Australia's first ever primary Platinum Group Metal (PGM) mine, has an impressive resource with potential to deliver over 220,000/oz per annum of 3E metals (palladium, platinum and gold) along with…
Sandfire Resources (ASX:SFR) is one of the ASX's largest companies wth exposure to copper, and in our view, the best. It has pulled off something very few miners can boast of, transitioning from one asset to another with minimal disruption to shareholder value. With shares up 64% in the last year, and up 36% in…
What the Market Is Pricing In for Many Peaks
Many Peaks Minerals (ASX:MPK) has delivered one of the most impressive performances on the ASX this year, with shares surging 350 per cent from AUD 0.20 at the start of 2025 to around AUD 0.90 today. For comparison, the All Ordinaries Index is only up 5.5…
Introduction to Battery-Electric Haul Trucks
Australia's first battery-electric haul trucks have arrived in the Pilbara, marking a significant milestone in the mining industry's push to eliminate diesel from iron ore operations. BHP (ASX: BHP) and Rio Tinto (ASX: RIO) are collaborating with Caterpillar to trial two Cat 793 XE Early Learner trucks at BHP's Jimblebar…
Capital Raise to Fund Aggressive Drilling
FireFly Metals (ASX: FFM) shares pulled back this week after the company announced a major capital raise. FireFly secured commitments for approximately A$134.1 million and is seeking a further A$5 million via a share purchase plan, bringing the total raise to around A$139 million. The institutional placement was priced…
Vulcan’s $1B Raise Comes at a 34% Discount
Vulcan (ASX: VUL) announced today that it has completed its institutional placement at an offer price of A$4 per share. This represents a steep 34% discount to the last traded price of A$6.31 and a 21 percent discount to the theoretical ex-rights price of A$5.06. The institutional…
Perseus Mining (ASX: PRU) has stunned the market with a bold A$2.1 billion offer to buy Predictive Discovery (ASX: PDI), cutting in on the explorer’s planned deal with Canada’s Robex Resources. The all-share bid values Predictive at A$0.778 per share, representing a strong premium over recent prices, and has already secured the backing of Predictive’s…
