News

Silver shone brightly on financial markets for a few days this week as speculators played games while serious investors were drawn to another white metal, lithium.

Silver shone brightly on financial markets for a few days this week as speculators played games while serious investors were drawn to another white metal, lithium. The silver frolic was fun to watch as a new breed of tech-savvy day traders bid up the price of a commodity which has a track record of destroying more wealth than it creates. There are reasonable supply and demand fundamentals underpinning silver but whether they are strong enough to support a price above $US30 an ounce seems unlikely.

read more

Orion Minerals has signed an option to acquire a majority stake in a copper project in South Africa that it hopes can be developed in tandem with its Prieska copper-zinc project in the country’s Northern Cape region (reports The West Australian).

Orion Minerals has signed an option to acquire a majority stake in a copper project in South Africa that it hopes can be developed in tandem with its Prieska copper-zinc project in the country’s Northern Cape region (reports The West Australian). The Denis Waddell-chaired explorer will be in partnership with the Industrial Development Corporation of South Africa in the Okiep copper complex if its exercises the option.

read more

RBR has just won its first contract to supply the biggest resource development African has ever seen...

RBR has just won its first contract to supply the biggest resource development African has ever seen, marking the start of what it believes is a company-making opportunity to provide accommodation, training and labour to this new multi-billion-dollar industry (reports Stockhead). After five years of preparing to provide vital services to the LNG construction boom now getting underway in Mozambique, RBR Group (ASX:RBR) is up and running with its first major contract.

read more

Aspiring rare earths concern RareX has attracted some big support from a major vertically integrated producer (reports MiningNews).

Aspiring rare earths concern RareX has attracted some big support from a major vertically integrated producer (reports MiningNews). Shanghai Stock Exchange-listed Shenghe Resources, which is probably better known as a key backer of ASX-listed Greenland Minerals, has signed a non-binding memorandum of understanding that will establish a jointly-owned trading company sourcing rare earths concentrates globally from outside China.

read more

For more than a millennium the Falun copper mine in Sweden played a significant role in meeting the copper needs of continental Europe (reports Stockhead).

For more than a millennium the Falun copper mine in Sweden played a significant role in meeting the copper needs of continental Europe (reports Stockhead). The old mine — now a museum — is thought to have produced as much as two-thirds of European copper needs in medieval times. Falun is said to have produced 500,000 tonnes of zinc at 5%, 400,000 tonnes of copper at 4%, 160,000 tonnes of lead at 2%, 380,000 tonnes of silver at 35 grams per tonne and 5 tonnes of gold at 4g/t over its life.

read more

Sulphate of potash (SOP) hopeful Trigg Mining (ASX: TMG) has restarted drilling at its flagship Lake Throssell project in Western Australia after bad weather in December brought the program to a temporary halt (reports Small Caps).

Sulphate of potash (SOP) hopeful Trigg Mining (ASX: TMG) has restarted drilling at its flagship Lake Throssell project in Western Australia after bad weather in December brought the program to a temporary halt (reports Small Caps). In all, 16 holes had been completed for 1,806m — about 40% of the program — during December before bad weather hit the area. Now the air-core drill is back in action with 22 holes to be drilled over the next few weeks.

read more

Lithium carbonate prices have shot up by more than 40% in China in January, according to Benchmark Mineral Intelligence (reports MiningNews).

Lithium carbonate prices have shot up by more than 40% in China in January, according to Benchmark Mineral Intelligence (reports MiningNews). The price reporting agency said the increase was on the back of continued, surging lithium iron phosphate (LFP) battery demand.

read more

Nuclear power will be essential if Japan is to reach its goal of net zero carbon emissions by 2050, the country’s energy minister has told the Financial Times, saying that power shortages this winter have helped to shift public debate over the sector.

Nuclear power will be essential if Japan is to reach its goal of net zero carbon emissions by 2050, the country’s energy minister has told the Financial Times, saying that power shortages this winter have helped to shift public debate over the sector. Heavy snowfalls that brought Japan to the brink of power cuts last month underlined the continued need for nuclear, said Hiroshi Kajiyama, who is responsible for energy in his role as minister for economy, trade and industry.

read more

Upcoming Events

View All

12th - 13th Oct 2021

RRS 2021 Gold Coast Conference

Resources Rising Stars will be back to the Gold Coast in 2021 for our 18th Annual Investor Conference!

© 2021 Resources Rising Stars All Rights Reserved