ASX tips up 9 points as resource gains outweigh bank losses
The ASX has finished a tumultuous day of trade by edging into positive territory, as gold and iron ore stocks provide much needed support.
Stockhead
VR8 signs DSO offtake deal
VR8 lead the way on Tuesday after signing an offtake deal for vanadium-rich magnetite DSO from the Steelpoortdrift project in South Africa.
Everything you need to know before the ASX opens
Good morning! Here’s everything you need to know before the ASX flings open its doors and begins trading today.
KNG scoping study nears completion
Kingsland Minerals is wrapping up early-stage studies at Leliyn graphite project in the NT, where it intends to build a mine and processing plant.
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Break it Down: QMines
QMines has increased the economic potential of its Queensland processing hub after open pit optimisation out of Mount Mackenzie.
ASX struggles as iron ore lifts on China dam
The market’s choppy but ASX miners have rallied on Tuesday on iron ore gains. Meanwhile, Insignia’s soared on a $3.3bn buyout.
Impact of gas review on ASX explorers
Will the government’s east coast gas reservation policy help meet demand, or backfire and cause more headaches?
Copper as a long-term theme
Taking a page out of Stan Druckenmiller’s book, Argonaut’s David Franklyn is thinking long-term – and that’s put copper in his sights.
Genetic Signatures’ US push proves harder than expected
Tummy bug testing outfit Genetic Signatures is honing its operations after finding its company-making US expansion was harder than expected.
KNB finds gold zone parallel to Sunnyside
Koonenberry Gold’s rock chip sampling returns high-grade assays of up to 14.05g/t gold from an anomaly along the Borah Fault at its Enmore project.
StockTake: Cannindah Resources
Cannindah Resources has identified the potential to substantially increase the amount of copper at its Mt Cannindah project.
ASX climbs 0.32pc in first hour as gold price spikes
The ASX200 has started the day on a positive note, lifted 0.32pc by surging gold prices and strength in resources stocks.
StockTake: Core Energy Minerals
Core Energy Minerals has started aircore drilling at its Cummins uranium project in South Australia.
StockTake: West Coast Silver
West Coast Silver’s latest rock chip and float sampling program has identified high grade silver and elevated copper and gold.
Original URL: https://www.themercury.com.au/business/stockhead