News

The recently acquired Botswana copper assets are shaping up as the key future story for mid-tier base metal producer Sandfire Resources (ASX: SFR), according to an updated research note by BofA Securities

The recently acquired Botswana copper assets are shaping up as the key future story for mid-tier base metal producer Sandfire Resources (ASX: SFR), according to an updated research note by BofA Securities, part of the global investment bank Bank of America. According to BofA analyst Sophie Spartalis, the company’s recent June quarterly report revealed that Botswana was “shaping up better” on exploration with “significant potential” for increased scale through the development of a processing hub strategy based around the T3 copper development project.

read more

Blue Ocean Equities senior mining analyst Steuart McIntyre has picked WA gold junior Anglo Australian Resources (ASX: AAR) as having one of the state’s most exciting new gold discoveries

Blue Ocean Equities senior mining analyst Steuart McIntyre has picked WA gold junior Anglo Australian Resources (ASX: AAR) as having one of the state’s most exciting new gold discoveries, describing its Mandilla project, 70km south of Kalgoorlie, as having “company-changing” potential. In a detailed initiation note, McIntyre has put a “Spec Buy” recommendation on the $85 million company, setting a price target of 35c and a “strategic target” of 45c, well north of its recent 17-18c trading price. 

read more

Gold explorer Anglo Australian Resources (ASX: AAR) and rare earths developer-cum NSW porphyry exploration leverage story RareX (ASX: REE) are both new additions to Canaccord Genuity’s latest watch list

Gold explorer Anglo Australian Resources (ASX: AAR) and rare earths developer-cum NSW porphyry exploration leverage story RareX (ASX: REE) are both new additions to Canaccord Genuity’s latest (July 2020) incarnation of its widely-followed Exploration Watch List. Canaccord says the list is designed to “highlight speculative, unrated companies of interest that are involved in active exploration and/or development of gold and base metal projects”.

read more

Geochemical sampling results rarely warrant a standalone research note from a mainstream broking firm.

Geochemical sampling results rarely warrant a standalone research note from a mainstream broking firm. But in the case of Liontown Resources’ (ASX: LTR) announcement from its Moora project in WA this week, the scale and tenor of its results – and the project’s location at the northern end of the exciting new Julimar nickel province – prompted analyst Dr Chris Baker from Bridge Street Capital to delve into the detail.

read more

Chalice Gold Mines has intersected a new style of platinum group elements-copper-gold mineralisation at its Julimar discovery northeast of Perth (reports MiningNews).

Chalice Gold Mines has intersected a new style of platinum group elements-copper-gold mineralisation at its Julimar discovery northeast of Perth (reports MiningNews). The wide mineralised interval was below the extended high-grade G1-G2 zones at the Gonneville Intrusive. Drilling returned 23.9m at 1.7 grams per tonne palladium, 0.4gpt platinum, 0.5gpt gold, 0.1% nickel, 0.7% copper and 0.02% cobalt from 314.9m to the end of the hole, including 10.1m at 2.9gpt palladium, 0.6gpt platinum, 1.2gpt gold, 0.1% nickel, 1.3% copper and 0.01% cobalt.

read more

This week’s 33 per cent share price jump for Centaurus Metals (ASX: CTM) on the back a strong maiden resource estimate for its Jaguar nickel project in Brazil could be just the start of a sustained upward run for the stock

This week’s 33 per cent share price jump for Centaurus Metals (ASX: CTM) on the back a strong maiden resource estimate for its Jaguar nickel project in Brazil could be just the start of a sustained upward run for the stock, according to a raft of new broker notes released this week. The maiden Jaguar global resource of 517,000t of contained nickel at an average grade of 1.08% Ni sparked the release of four significant new research notes on the company, with target prices ranging from 62 to 95c.

read more

Strandline Resources continues to win strong support from broking houses around the country, with Hartleys the latest to increase its share price target on the emerging mineral sands producer.

Strandline Resources continues to win strong support from broking houses around the country, with Hartleys the latest to increase its share price target on the emerging mineral sands producer. In a new report released this week, Hartleys said its target for Strandline shares is now 42c (current price 27c). Strandline is in the throes of finalising funding for its Coburn project near Shark Bay in WA.

read more

Leading broking firm Canaccord Genuity has upped its price target for gold developer Bellevue Gold (ASX: BGL)

Leading broking firm Canaccord Genuity has upped its price target for gold developer Bellevue Gold (ASX: BGL) once again to $1.45-a-share (from $1.35 previously) following further positive news this week from the Company’s namesake WA gold project. According to Canaccord’s Perth-based resource analyst Tim McCormack, Bellevue is “ticking all the boxes” at its high-grade Bellevue project with the latest update continuing to “validate the project as an exciting, low capex development proposition in our view.”

read more

Upcoming Events

View All

7th - 8th Jun 2022

RRS 2022 Gold Coast Conference

We're delighted to be returning to the RACV Royal Pines Resort on the Gold Coast in 2022 for our 19th annual Resources Rising Stars Investor Conference.

© 2022 Resources Rising Stars All Rights Reserved