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Mining

Australian Mining Stocks Extend Winning Streak as Iron Ore Prices Climb

Australian mining stocks are on track for their fourth consecutive week of gains, with the mining sub-index (XMM) climbing 1.4% so far this week. The sector's performance is driven by a rise in iron ore prices, which reached a one-week high in the previous …

Team Kalkine | 28 March 2025

Incitec Pivot Shares Drop 5% to 52-Week Low Amid Earnings Concerns

Shares of Incitec Pivot Ltd (ASX:IPL) tumbled 5% on Friday, hitting a new 52-week low of AU$2.55. The decline follows a business update that, while containing no major surprises, highlighted near-term challenges in both its fertilisers and explosives operations.

Team Kalkine | 28 March 2025

Sunstone Metals (ASX:STM) Secures $4M Through Oversubscribed Share Placement

Sunstone Metals Limited (ASX:STM) has successfully secured $4,000,000 through an oversubscribed share placement at 0.5 cents ($0.005) per share. The placement was made to existing institutional and sophisticated shareholders, along with new investors. After accounting for costs of $240,000, the funds will be used …

Team Kalkine | 27 March 2025

Godolphin Resources (ASX: GRL) Raises $1 Million to Advance Lewis Ponds Project

Godolphin Resources Limited (ASX: GRL) has successfully raised approximately $1 million through a placement of 89.8 million fully paid ordinary shares at an issue price of A$0.011 per share. The placement has received strong backing from sophisticated and professional investors, reflecting confidence in the …

Team Kalkine | 26 March 2025

Taruga Minerals Limited (ASX: TAR) Begins Exploration at Thowagee Project

Taruga Minerals Limited (ASX: TAR) has officially begun its exploration activities at the Thowagee Project, situated in Western Australia's Northern Gascoyne region. This project is part of Taruga’s broader portfolio, which spans over 416.5 square kilometers of contiguous land. The Thowagee area includes two …

Team Kalkine | 26 March 2025

ASX Copper Stocks Climb as Copper Futures Hit Record Highs

Shares of S&P/ASX 200 copper stocks are moving higher on Tuesday as copper futures hit record highs, boosting investor sentiment in the sector.

Team Kalkine | 26 March 2025

Jefferies Updates BlueScope Forecast, Maintains ‘Buy’ Rating

Jefferies has revised its BlueScope Steel (ASX:BSL) forecast to reflect improving steel market conditions, while reaffirming its ‘Buy’ rating and a price target of AU$30 per share.

Team Kalkine | 26 March 2025

Leeuwin Metals Ltd (ASX: LM1) Prepares for Maiden Drilling at Marda Gold Project

Leeuwin Metals Ltd (ASX: LM1) is preparing to launch its maiden drilling program at the Marda Gold project, located in Western Australia’s Eastern Goldfields. Drilling is set to commence in the coming weeks, following shareholder approval of the Marda acquisition, which was granted on …

Team Kalkine | 25 March 2025

Magmatic Resources Limited (ASX: MAG) Provides Drilling Update on Myall FJVA Project with Fortescue

Magmatic Resources Limited (ASX:MAG) has provided a comprehensive update on the ongoing drilling program at its fully funded Myall FJVA Project, located near Narromine in New South Wales, in partnership with Fortescue (ASX: FMG). The drilling campaign, which focuses on testing multiple regional targets, …

Team Kalkine | 25 March 2025

Shares of Gold Road Resources (ASX: GOR) Rise 11% on Tuesday, Here’s Why?

Shares of Gold Road Resources (ASX:GOR) surged by 11% to AUD2.72 on Monday, marking a lifetime high. The miner's stock rise made it the top gainer on the ASX 200 index (AXJO). This notable jump came after the company made headlines by rejecting a …

Team Kalkine | 25 March 2025
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