News - Market Insights

Genesis Minerals’ drilling over the past six months has allowed it to deliver another significant resource boost for its flagship Greater Ulysses gold project, near Leonora in Western Australia (reports MiningNews).

Genesis Minerals’ drilling over the past six months has allowed it to deliver another significant resource boost for its flagship Greater Ulysses gold project, near Leonora in Western Australia (reports MiningNews). The resource is now 26% higher, up from 1.28 million ounces resources in June 2020 to a revised 27.3 million tonnes at 1.8 grams per tonne for 1.6Moz. The higher confidence measured and indicated resource is 32% higher, up 237,000oz to 984,000oz.

read more

Rare earths focused RareX (ASX:REE) remains strongly leveraged to exploration success and growth on two fronts after making a strategic investment in NSW-focused explorer Kincora Copper (reports Stockhead).

Rare earths focused RareX (ASX:REE) remains strongly leveraged to exploration success and growth on two fronts after making a strategic investment in NSW-focused explorer Kincora Copper (reports Stockhead). RareX has subscribed for another 3,500,000 shares at 20c each as part of Kincora Copper’s current $10 million capital raising and Initial Public Offering (IPO) on the ASX.

read more

After nearly a decade in the doldrums, uranium may at last be finding its feet (reports MiningNews).

After nearly a decade in the doldrums, uranium may at last be finding its feet (reports MiningNews). COVID-19-related supply disruptions helped trigger a record supply deficit in 2020, sending uranium mining equities skywards, but further bullish signs abound. Uranium miners UEC and Denison both announced on March 16 they were venturing into the market to buy spot material, the former for 400,000lb and the latter for 2.5Mlb.

read more

Strandline Resources’ (ASX: STA) successful debt raising for its Coburn mineral sands project in WA has triggered a wave of fresh buy recommendations from leading analysts (reports Stockhead).

Strandline Resources’ (ASX: STA) successful debt raising for its Coburn mineral sands project in WA has triggered a wave of fresh buy recommendations from leading analysts (reports Stockhead). Senior analysts at brokers including Fosters and Shaws have put price targets well above 50c on the stock (currently ~27c) following news that the company has secured all the required debt for the development of Coburn.

read more

Calidus Resources is just about to launch into full construction of the A$116 million Warrawoona gold project in the Pilbara region of Western Australia (reports MiningNews).

Calidus Resources is just about to launch into full construction of the A$116 million Warrawoona gold project in the Pilbara region of Western Australia (reports MiningNews). Early works at the site, including the accommodation village, water bores, communications and access roads, are almost complete, allowing full-scale construction to kick off in April. "The site's starting to look really good at the moment," Calidus managing director Dave Reeves told the Australian Energy & Minerals Investor Conference yesterday.

read more

Trigg Mining might be a year or two behind some of WA’s other aspiring potash players but it could be safer not to be on the bleeding edge of the burgeoning new industry (reports The West Australian).

Trigg Mining might be a year or two behind some of WA’s other aspiring potash players but it could be safer not to be on the bleeding edge of the burgeoning new industry (reports The West Australian). Two leaders in the field, Kalium Lakes and Salt Lake Potash, have both experienced technical and financial bumps in the race to become the State’s first producer of the high-value fertiliser. Trigg’s managing director Keren Paterson is hoping to benefit from what she calls second-mover advantage by learning from the mistakes of her more advanced rivals.

read more

Coda Minerals (ASX:COD) has expanded its portfolio of Australian copper projects with its planned acquisition of a project for copper and gold in Queensland near Mount Isa (reports Stockhead).

Coda Minerals (ASX:COD) has expanded its portfolio of Australian copper projects with its planned acquisition of a project for copper and gold in Queensland near Mount Isa (reports Stockhead). The company has entered into a farm-in and joint venture agreement to pick up an 80 per cent stake in the Cameron River project which has peak grades of 22 per cent copper.

read more

Chinese economic stimulus measures and growing investment in copper-intensive electrification and green energy initiatives are expected to carry the copper price to a fresh high this year (reports Stockhead).

Chinese economic stimulus measures and growing investment in copper-intensive electrification and green energy initiatives are expected to carry the copper price to a fresh high this year (reports Stockhead). The red metal hit a 10-year high of $US9,550 per tonne ($12,350/tonne) in late February, and the London Metal Exchange’s three-month copper futures contract touched $US9,017 per tonne Friday. “Copper steadied as investors shrugged off recent concerns that China intends to trim spending on stimulus measures,” said analysts at ANZ bank in a research note.

read more

Upcoming Events

View All

18th May 2021

RRS May Investor Lunch Series - Brisbane

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