News

Several major brokers were quick to lift their price targets for Centaurus Metals (ASX: CTM) after the fast-growing nickel developer unveiled an updated Mineral Resource estimate for its flagship Jaguar project in Brazil last week.

Several major brokers were quick to lift their price targets for Centaurus Metals (ASX: CTM) after the fast-growing nickel developer unveiled an updated Mineral Resource estimate for its flagship Jaguar project in Brazil last week. The updated Resource, following six months of in-fill drilling, resulted in a 50% increase in Indicated Resources to 223,000 tonnes of contained nickel, with the global estimate increasing to 58.6 million tonnes grading 0.95% Ni for 557,800 tonnes of contained nickel.

read more

And as the uranium sector begins to glow amid bullish price forecasts, Boss moves to finance production restart at South Australian project

Copper has been a star performer since mid-2020 in response to COVID production hits in Latin America, global stimulus, and the global decarbonisation push gathering momentum. The red metal averaged all of $US2.50/lb in the first (calendar) six months of 2020 and is now sitting pretty at $US3.54/lb. Much of the gain can be attributed to COVID-related supply concerns and COVID-related stimulus. Decarbonisation is the longer-term and potentially more explosive thematic, with copper supply shortages more or less baked in come 2025.

read more

Centaurus Metals has increased the size and confidence of its Jaguar nickel project in Brazil (reports MiningNews).

Centaurus Metals has increased the size and confidence of its Jaguar nickel project in Brazil (reports MiningNews). The indicated and inferred resource now stands at 58.6 million tonnes at 0.95% nickel for 557,800 tonnes of contained nickel. The June maiden resource was 517,500t at 1.08% nickel. The indicated resource now accounts for 40% of the total, or 19.9Mt at 1.12% nickel for 223,400t of nickel, which will underpin a scoping study due next month.

read more

Plus, shares in battery graphite producer Syrah hitch an EV ride while Mincor looks set to follow suit in the name of nickel

Buying into one of the best metals discoveries in recent times – Chalice’s Julimar near Perth – has just got a lot cheaper, even though its story has just got a lot better, such are the joys of investing in the resources space during periods of metal price volatility. Chalice (CHN) was off 13% in Thursday’s market to $4.04. Nothing particularly wrong with that given $4.04 compares with a pre-Julimar discovery 52-week low of 14.5c. But it is down from a recent high of $4.92.

read more

Chalice Mining has extended the four known zones at its Julimar project outside Perth and has discovered four new zones (reports MiningNews).

Chalice Mining has extended the four known zones at its Julimar project outside Perth and has discovered four new zones (reports MiningNews). The latest drilling has found the G1 and G2 zones merge at depth, with a strike length of more than 690m and dip extent of up to 490m and open to the north along strike and down-dip.

read more
29th January 2021

A surging iron ore price is set to give birth to two new WA junior exporters of the steel-making commodity within days (reports The West Australian).

A surging iron ore price is set to give birth to two new WA junior exporters of the steel-making commodity within days (reports The West Australian). GWR Group and Fenix Resources have opportunistically seized on a nine-year high iron ore price of around $US170/t to bring their respective projects into production. While their direct shipping ore projects may be small and involve the costly process of trucking product vast distances to the port of Geraldton, each is confident of a healthy margin at prevailing iron ore prices and currency exchanges.

read more

Among the raft of ASX-listed uranium players that have enjoyed a long-awaited lift in investor sentiment in recent months, Boss Energy looks a stand-out (reports The West Australian).

Among the raft of ASX-listed uranium players that have enjoyed a long-awaited lift in investor sentiment in recent months, Boss Energy looks a stand-out (reports The West Australian). The uranium price has been in the doldrums since the Fukushima nuclear disaster in Japan in 2011. But last year the market began to re-awaken to nuclear’s potential as a zero-emissions energy source that can also provide baseload power — and the price of yellowcake began to tick up.

read more

BlackRock chief executive Larry Fink is stepping up his climate change activism with a blunt warning to 1000 global chief executives of carbon-intensive companies to lift their game or be dumped by the world’s largest fund manager (reports The Australian)

BlackRock chief executive Larry Fink is stepping up his climate change activism with a blunt warning to 1000 global chief executives of carbon-intensive companies to lift their game or be dumped by the world’s largest fund manager (reports The Australian Financial Review). Fink says CEOs making “insufficient preparation for the net zero transition” and giving a “low reception to our investment stewardship engagement” will be axed from BlackRock’s funds.

read more

Upcoming Events

View All

14th - 15th Oct 2021

The Boom in a Room - Investor Conference

Click here to watch the session recordings from The Boom in a Room Investor Conference 2021.  

© 2021 Resources Rising Stars All Rights Reserved