News

Supply cuts and renewed optimism of a deal to end the China v US trade war triggered a modest realignment this week by investors

Supply cuts and renewed optimism of a deal to end the China v US trade war triggered a modest realignment this week by investors who shifted funds into industrial commodities and away from gold and other safe havens. How long that trend can continue will be very much influenced by political factors unfolding around the world, from Brexit in the UK to impeachment speculation in the US and civil unrest in Chile and other important South American copper-producing countries.

read more

Plus, cashed-up Kairos set to start the rig turning again at its 640,000oz Pilbara project

Here’s one for lazy investors looking for leveraged exposure to near-record Australian gold prices – DGO Gold (DGO). Led by Ed Eshuys of Plutonic, Bronzewing and Jundee gold deposits discovery fame, and Bruce Parncutt of analyst/investment banker fame with McIntosh Securities and Merrill Lynch, DGO has a somewhat unique strategy for a junior.

read more

Mincor Resources’ “remarkable” greenfields Cassini discovery has reached a new milestone

Mincor Resources’ “remarkable” greenfields Cassini discovery has reached a new milestone, passing 50,000 tonnes of high-grade resources (reports MiningNews). Cassini is now defined as hosting 1.25 million tonnes grading 4.04% nickel sulphide for 50,400t of contained metal, an increase of 12,600t at 4.7% from just six additional drillholes drilled recently.

read more

It’s been a crazy run for advanced hard rock explorer Liontown Resources (ASX:LTR), a stock which has consistently flipped the bird at weak lithium market sentiment to be up 400 per cent over the past 12 months

It’s been a crazy run for advanced hard rock explorer Liontown Resources (ASX:LTR), a stock which has consistently flipped the bird at weak lithium market sentiment to be up 400 per cent over the past 12 months (reports Stockhead). Liontown’s flagship Kathleen Valley project in WA boasts a current resource estimate of 74.9 million tonnes, which already makes it the 5th biggest deposit in Australia.

read more

Fenix Resources could be producing iron ore within months from its Iron Ridge project, near Cue in Western Australia (reports MiningNews).

Fenix Resources could be producing iron ore within months from its Iron Ridge project, near Cue in Western Australia (reports MiningNews). A feasibility study outlined capital costs of just A$11.9 million for a 6.5-year operation producing 1.25 million tonnes of iron ore per annum at C1 costs of $76.86 per tonne. Just 56% of the capital costs are payable on a pre-production basis, with the remainder to be payable after the first shipment. The project returned an estimated pre-tax internal rate of return of 58.9% and a net present value of $54.3 million.

read more

WA explorer Syndicated Metals says a newly acquired, early stage project resembles the +6 million-ounce Tropicana deposit. Here’s hoping (reports Stockhead). Today, Syndicated (ASX:SMD) scored itself a second major landholding in the Laverton gold district of WA, buying an 80 per cent interest in the Edjudina project from Gateway Mining (ASX:GML). For Gateway, which is focused on its +240,000oz Gidgee project, Edjudina is a non-core asset.

read more
8th November 2019

Hopes for Kwinana to host a battery minerals processing hub have taken a step forward after Kibaran Resources said test work had bolstered its plans for a graphite processing facility on the industrial strip south of Perth (reports The West Australian). Kibaran said work by consultant GR Engineering had supported the credentials of the company’s patented EcoGraf technology to produce a clean spherical graphite product for the anodes of lithium-ion batteries.

read more

Silver Lake Resources has been forced to lift its stalled takeover offer for developer EganStreet Resources after EganStreet received a higher offer (reports MiningNews). EganStreet confirmed late Friday it had received an indicative, non-binding A40c per share cash takeover proposal from unlisted Adaman Resources. Adaman, which owns the Kirkalocka gold mine near EganStreet's Rothsay project, needed to secure a $60 million funding facility from Remagen Capital Management to fund the buy.

read more

Upcoming Events

View All

3rd Dec 2019

RRS Summer Series 2019 - Sydney Conference

One-day investor conference in Sydney on Tuesday 3 December 2019.

5th Dec 2019

RRS Summer Series 2019 - Brisbane Conference

One-day investor conference in Brisbane on Thursday 5 December 2019.

26th - 27th May 2020

Gold Coast Conference

The 2020 Resources Rising Stars Conference will be held in May 2020 at the scenic RACV Royal Pines Resort on the Gold Coast. 

© 2019 Resources Rising Stars All Rights Reserved