A maiden resource and Pre-Feasibility Study on the planned resumption of copper production at its brownfields Antler copper mine in Arizona, USA are some of the highlights to look out for early next year from copper developer New World Resources
A maiden resource and Pre-Feasibility Study on the planned resumption of copper production at its brownfields Antler copper mine in Arizona, USA are some of the highlights to look out for early next year from copper developer New World Resources (ASX: NWC), according to boutique investment and corporate advisor Peloton Capital.
Euroz Hartleys has upgraded its price target for nickel developer Centaurus Metals (ASX: CTM) in the wake of a standout nickel hit and an update to the Perth-based broker’s medium-term nickel price forecast.
Euroz Hartleys has upgraded its price target for nickel developer Centaurus Metals (ASX: CTM) in the wake of a standout nickel hit and an update to the Perth-based broker’s medium-term nickel price forecast.
“This has prompted a revision of our back-of-the-envelope initial Jaguar development,” wrote Euroz Hartleys analyst Jon Bishop in an updated note, referring to Centaurus’ flagship Jaguar nickel sulphide project in north-eastern Brazil.
“Our valuation increases to 86c and we set our price target at 85c, cognisant of a firm nickel price macro,” he said.
Liontown Resources (ASX: LTR) recently unveiled a potential downstream strategy for its flagship lithium Kathleen Valley project in WA following a highly successful Pre-Feasibility Study
Liontown Resources (ASX: LTR) recently unveiled a potential downstream strategy for its flagship lithium Kathleen Valley project in WA following a highly successful Pre-Feasibility Study – and the results have prompted a top Sydney analyst to upgrade his valuation of the fast-growing lithium developer.
Centaurus Metals (ASX: CTM) gave the market a timely reminder this week of the growth potential of its flagship Jaguar nickel sulphide project in Brazil
Centaurus Metals (ASX: CTM) gave the market a timely reminder this week of the growth potential of its flagship Jaguar nickel sulphide project in Brazil with news of an impressive new +30m semi-massive and massive sulphide intercept at the cornerstone Jaguar Central deposit.
According to global fund manager Sprott, the strong drilling result shows the upside to the deposit’s existing global resource of 534,000 tonnes of nickel metal at an average grade of 1.1%.
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.
A keenly-awaited pre-feasibility study shows that Kingston Resources (ASX: KSN) can bring the Misima gold mine back to life, to produce about 130,000 ounces per annum over a 17-year mine life (reports Small Caps).
A keenly-awaited pre-feasibility study shows that Kingston Resources (ASX: KSN) can bring the Misima gold mine back to life, to produce about 130,000 ounces per annum over a 17-year mine life (reports Small Caps).
The company described the PFS, released today, as showing a project with “compelling” economics, a long life, low capital intensity and “outstanding” growth potential.
Macquarie Research has initiated coverage on Chalice Gold Mines (ASX: CHN) with an outperform rating and $1.80 price target
Macquarie Research has initiated coverage on Chalice Gold Mines (ASX: CHN) with an outperform rating and $1.80 price target, describing its Julimar nickel-PGE discovery in Western Australia as “one of the most significant greenfield discoveries in recent years”.
Macquarie says it believes that drilling has already defined a deposit at the Julimar project, located ~70km north-east of Perth, that could underpin a ~270kozpa PGE operation with ~20ktpa of nickel-copper-cobalt by- products.
A recent site visit to Genesis Minerals’ (ASX: GMD) recently expanded Ulysses gold project in Western Australia has struck a chord with Argonaut Securities
A recent site visit to Genesis Minerals’ (ASX: GMD) recently expanded Ulysses gold project in Western Australia has struck a chord with Argonaut Securities, with the broker saying the project offers “significant value upside”.
Argonaut analysts Michael Eidne and Matt Keane have reaffirmed the broker’s Speculative Buy recommendation on the $142 million gold explorer-developer, with a 10c target price (compared with the recent trading price of 7.8-8c).
“We were impressed with the operations and the infrastructure in place,” Eidne wrote in a recent update note.
