News

Gold got a Joe Biden bump after his inauguration as the U.S. President yesterday

Gold got a Joe Biden bump after his inauguration as the U.S. President yesterday, but the battery-metals sector is (so far) proving to be the more significant winner as the new man in the White House brings with him a range of tough environmental protection policies. A clearer look of what’s to come can be seen in China where there is a market for trading in obscure commodities such as neodymium, a rare earth favoured by makers of the long-life batteries used in electric cars.

read more

Liontown Resources’ maiden drilling within its Moora project, in southern Western Australia has intersected mineralisation within the same geological terrain as Chalice Mining’s play-opening Julimar discovery (reports MiningNews).

Liontown Resources’ maiden drilling within its Moora project, in southern Western Australia has intersected mineralisation within the same geological terrain as Chalice Mining’s play-opening Julimar discovery (reports MiningNews). The aspiring lithium miner undertook its first program of wide-spaced aircore drilling late last quarter, almost two years after securing the three Moora leases, with the early results being considered encouraging.

read more

“Follow the money.” What better time to remind investors of that advice than when a U.S. President heads for the exit and financial “flows” appear to be priming the world for a fresh commodity boom.

“Follow the money.” What better time to remind investors of that advice than when a U.S. President heads for the exit and financial “flows” appear to be priming the world for a fresh commodity boom. Back in 1972 it was Richard Nixon departing, aided by that famous “follow the money” comment attributed (perhaps incorrectly) to Deep Throat, the source of leaks against him published in the Washington Post newspaper.

read more

Miners have entered 2021 in good shape as the strength of China’s COVID-19 recovery continues to surprise and governments around the world dig deep with stimulus packages (reports The Australian Financial Review).

Miners have entered 2021 in good shape as the strength of China’s COVID-19 recovery continues to surprise and governments around the world dig deep with stimulus packages (reports The Australian Financial Review). UBS is forecasting global economic growth of 6.1 per cent and growth of 8.2 per cent in China, the epicentre of resources and commodity demand.

read more

Argonaut’s latest annual compilation features diverse mix of commodities and locations. In the mix is Bardoc Gold, which a fellow broker says is yet to get the love it deserves from investors.

If only there was a tried-and-true method of determining when a project gives its junior resources company owner the right stuff to outperform in the next 12 months. Well, a neat bit of annual research by Argonaut gets as close to a tried-and-true method as could be hoped for by investors. It’s called “Argonaut’s Best Undeveloped Projects (BUPs),” with the resources corporate adviser/stockbroking firm having just completed its 2020 review.

read more

Rio Tinto has confirmed delays and a major cost blowout at its flagship copper project in Mongolia, saying the underground expansion of its Oyu Tolgoi project will come in more than a quarter over the original budget (reports The Australian).

Rio Tinto has confirmed delays and a major cost blowout at its flagship copper project in Mongolia, saying the underground expansion of its Oyu Tolgoi project will come in more than a quarter over the original budget (reports The Australian). The underground operation at the giant mine — scheduled to become the biggest copper operation in the world when complete — will be delivered by October 2022, marking a near two-year delay from the original timeline.

read more

A new research report has flagged Orion Minerals’ (ASX:ORN) Prieska copper-zinc project in South Africa as a low risk, build-ready development (reports Stockhead).

A new research report has flagged Orion Minerals’ (ASX:ORN) Prieska copper-zinc project in South Africa as a low risk, build-ready development (reports Stockhead). And with copper prices testing eight-year highs due to falling stockpiles, strong long-term demand and optimism about stimulus-fuelled post-COVID economic recovery, the timing seems to be right for the company to start project construction in 2021 with production beginning in 2023.

read more

Highly-regarded Cape Town-based independent analyst and portfolio manager Simon Hudson-Peacock has issued a comprehensive research report on base metals developer Orion Minerals (ASX: ORN) with a “robust” base case valuation of 6.3cps

Highly-regarded Cape Town-based independent analyst and portfolio manager Simon Hudson-Peacock has issued a comprehensive research report on base metals developer Orion Minerals (ASX: ORN) with a “robust” base case valuation of 6.3cps – well north of its recent trading price of 2.9-3.0cps. The consultant mining analyst and former fund manager describes Orion’s flagship Prieska copper-zinc project in South Africa’s Northern Cape as a “low-risk, build-ready copper-zinc project” which is fully permitted and compliant with the country’s Mining Charter III.

read more

Upcoming Events

View All

18th May 2021

RRS May Investor Lunch Series - Brisbane

*Fully booked – register to join the wait list* Four outstanding growth stories | Bellevue Gold, Boss Energy, Centaurus Metals & Greenvale Mining

19th May 2021

RRS May Investor Lunch Series - Sydney

Four outstanding growth stories | Bellevue Gold, Boss Energy, Centaurus Metals & Greenvale Mining

20th May 2021

RRS May Investor Lunch Series - Melbourne

Four outstanding growth stories | Bellevue Gold, Boss Energy, Centaurus Metals & Greenvale Mining

© 2021 Resources Rising Stars All Rights Reserved