Articles On Accent Resources (ASX:ACS)

Title Source Codes Date
Bulk Buys: Dartbrook’s return shows thermal coal isn’t going away just yet

Despite prices falling this year, Australian Pacific Coal interim CEO Ayten Saridas says the thermal coal market has legs Its Dartbrook mine restart is one of a handful of coal developments approved to come online in the coming year Iron o...

Stockhead ACS 2 years ago
CLOSING BELL: And with one swift tug, we all get to learn what it’s like to be pantsed by the RBA

RBA Board kicks the nation in the goolies again, demanding another 25 basis points Investors seemingly caught by surprise, tanking the market in a matter of minutes Pinnacle Minerals let off the leash by the ASX, but still ahead of the gam...

Stockhead ACS 2 years ago
ASX April Winners: Mid and small caps outperform blue-chip peers as gold stocks keep up rally

The S&P ASX 200 finished up 1.85% in April while mid and small caps outperformed their blue-chip peers Real estate topped the winning sectors for the month while tech stocks also rallied strongly in April Gold stocks continued solid ru...

Stockhead ACS 2 years ago
Bulk Buys: Chinese steel mills stay busy as iron ore market waits for signals

Chinese steel and iron ore demand an opaque picture as always as strong prices remain Sundance continues legal fight over African iron ore project Could ASX-listed Siberian coal miner be falling foul of Australian sanctions? Chinese steel...

Stockhead ACS 2 years ago
Bulk Buys: Are the bulks a buy? We asked Tribeca’s Todd Warren for his take

Tribeca Investment Partners portfolio manager Todd Warren gives us his take on bulk miners and commodities Champion Iron could be a long term beneficiary of rising spreads for higher grade iron ore Glencore and Teck, currently involved in...

Stockhead ACS 2 years ago
Bulk Buys: FMG puts back first production for US$3.9b Iron Bridge mine again

Fortescue Metals Group signals another, this time minor, delay at its Iron Bridge development First production from the 22Mtpa magnetite mine is due in late April Pearl Gull announces maiden resource at Cockatoo Island Andrew Forrest’s Fo...

Stockhead ACS 2 years ago
Bulk Buys: New Hope pays monster dividend, could double production

New Hope pays monster dividend on last year’s coal boom Targeting doubling of production in three years, with expectations demand will outstrip supply despite ESG pressures Magnetite completes optimisation study ahead of high grade iron or...

Stockhead ACS 2 years ago
Bulk Buys: Is China’s cautious growth target the red flag that halts iron ore’s bull run?

Iron ore’s bull run could be brought to a halt by China’s weaker than expected economic growth target Goldman predicts price record for Rio Tinto Thermal coal prices keep dropping Iron ore has been a bull’s game in 2023, with matadors spe...

Stockhead ACS 2 years ago
Bulk Buys: China’s pollution crackdown a familiar tale amid iron ore price run

China is again ordering sintering restrictions to crack down on pollution from its steel mills It comes after limits were placed on Dalian futures trading last week to bring the heat out of prices Junior miner CuFe posts maiden resource fo...

Stockhead ACS 2 years ago
Bulk Buys: BHP’s number crunchers see blue skies in China’s steely reopening

BHP (ASX:BHP) has reported, leaving only Rio Tinto (ASX:RIO) today to round out our February financial results season for the big three iron ore miners. In Oscars parlance none are expected to be award winners. Lower iron ore prices — and i...

Stockhead ACS 2 years ago
Bulk Buys: Australia’s newest coal miner says emerging economies will power thermal market for the next two decades

South African coal miner Thungela Resources will become the majority owner of Australia’s Ensham coal mine Its CEO July Ndlovu says thermal coal will see demand for at least two, maybe three decades Iron ore sales lift There may be clouds...

Stockhead ACS 2 years ago
Bulk Buys: Thermal’s 243-day reign as king of coal ends

Newcastle thermal coal’s reign as the top priced product on the market has ended Premium hard coking coal returns to traditional position at a premium to energy coal as European demand wanes Iron ore prices remain strong, but MySteel says...

Stockhead ACS 2 years ago
Bulk Buys: China’s return to Australian coal market to be a slow moving beast

Chinese companies are starting to make bids for Australian coal cargoes after an unofficial ban that ran for over two years But Coronado CFO Gerhard Ziems says Australian coking coal exports to China will only touch half of pre-pandemic le...

Stockhead ACS 2 years ago
Bulk Buys: As the 2023 season begins, who’ll blink first in BHP’s royalty dance off with Annastacia?

BHP did not deliver capital guidance for its BMA coal mines in Queensland last year after new royalty tiers drawing billions for Qld were introduced last July While CEO Mike Henry also cited China’s coal ban as a factor, its capex strike l...

Stockhead ACS 2 years ago
Bulk Buys: Iron ore miners have one last roll of the dice at this green steel thing before 2022 is up

Efforts to develop zero emissions steel are at an early stage Fortescue Metals Group backs new attempt to use low grade iron ore in green steelmaking Coal exports are forecast to outstrip iron ore for the next two financial years Green st...

Stockhead ACS 2 years ago
Bulk Buys: Forrest targets ‘value over volume’ as he flags ramp up of African iron ore project

Fortescue Metals Group boss Andrew Forrest says green energy focused FMG will pursue value over volume in flagship iron ore business Actually also looking to increase volumes, with new high grade mine in Pilbara and African exploration pus...

Stockhead ACS 3 years ago
Bulk Buys: It’s a ‘pivot toward positivity’, but will China’s Covid shift actually light a fire under iron ore?

Iron ore prices posted a recovery on Monday as China relaxed some of its previously steadfast Covid measures Steel mills are still loss-making in China, with a real bounce in demand needed to bring prices back above US$100/t But experts sa...

Stockhead ACS 3 years ago
Bulk Buys: New Aussie coal mines are getting off the ground, but supply remains fragile

AQC faces roadblocks in its bid to revive Dartbrook coal mine, while New Hope gets approval for New Acland coal extension after 13 years New coal supply is slowly emerging, but the market is expected to remain tight with wet weather expect...

Stockhead ACS 3 years ago
Bulk Buys: Traders see little optimism in the Chinese steel market, but iron ore miners are looking long term

Iron ore miners are funding a wave of new developments, despite red flags in the Chinese steel market While miners are long term bulls, the short term outlook is clouded by China’s economic issues and Covid Zero policy The gap between low...

Stockhead ACS 3 years ago
Bulk Buys: BHP lays out its bull case for steel demand in a greening world

BHP says cumulative steel demand in the next 30 years will double that of the last 30, arguing the commodity will be a net beneficiary of decarbonisation and climate change The changing environment alone could drive increase in demand equa...

Stockhead ACS 3 years ago
Closing Bell: Here’s nearly 50 million reasons why Thursday public holidays are always a dumb idea

Benchmark set to end the day down about 2.0% Geopolitics and overseas rate-raising spree weigh heavily A couple of late bolters bring some small comfort, but really…  Another Friday, and another entirely sub-par experience for anyone watc...

Stockhead ACS 3 years ago
Closing Bell: ASX in full retreat as US traders assume best positions for looming Federal rates decision

ASX 200 down 1.6% Small caps short 1.3% Real Estate stocks hit ahead of FOMC meet   The benchmark killed Tuesday only to find its very own number was up today. The ASX 200 has spent the session retracing yesterday’s 1.3% gains – driven b...

Stockhead ACS 3 years ago
Bulk Buys: 21 million leave lockdown in Chengdu, but will iron ore prices leave $100/t purgatory?

Iron ore prices received a bump after Covid lockdowns in Chengdu were relaxed But they quickly retreated, with analysts saying a decision on whether to end China’s Covid Zero policy could be a big turning point for the commodity Like it or...

Stockhead ACS 3 years ago
Closing Bell: Crash, what crash? Small caps walk away unhurt as ASX 200 bleeds 2.6%; AQC jumps a gazillion again

The ASX 200 falls 2.6%  after Wall St rout  Small caps recover manfully to be just 1% lower  AQC is turning out be a hell of a ride   Firstly, the Benchmark ASX 200 is down about 2.5% on Wednesday. It’s a fair whack, but hardly worse tha...

Stockhead ACS 3 years ago
Bulk Buys: Goldman Sachs says Chinese steelmakers are on track for a 3% decline in 2022

It’s the canary in the, well, you’ve probably read enough of these by now to know the idiom. For iron ore prices that is steel production in China and downstream demand from things like car production, infrastructure and property developme...

Stockhead ACS 3 years ago
Bulk Buys: MinRes’ $3 billion mine approval flags China hunger for our iron ore

Mineral Resources and global partners approve $3bn Onslow iron ore mine day before prices drop below US$100/t Chinese steel giant Baowu will both have a stake in the mine and market up to 75% of MinRes’ product Coal prices remain ridiculou...

Stockhead ACS 3 years ago
Bulk Buys: The Russian coal ban is here, and that could mean even more demand for Australian miners

Coal miners will be watching international markets closely tonight as a ban on Russian coal proposed by the European Commission back in April comes into effect. Ever since Russia’s invasion of Ukraine, the frailty of European energy markets...

Stockhead ACS 3 years ago
Bulk Buys: Goldman goes bearish, market goes bullish on iron ore

Goldman Sachs analysts say iron ore prices could drop faster than expected on bearish steel sentiment But iron ore prices have strengthened as steel margins have improved and Chinese authorities have moved to support its property market an...

Stockhead ACS 3 years ago
Bulk Buys: Iron ore ‘a pure demand story’ as supply struggles to grow

Fenix Resources boss Rob Brierley says weakness in iron ore supply means prices will be set by demand Iron ore futures in Singapore hit 2022 low as China’s steel mills drop prices Coal miners begin to look cheap again as thermal prices pic...

Stockhead ACS 3 years ago
Closing Bell: US data and local brokers perform tag team takedown of brave Aussie small caps

The ASX 200 mini streak is done, small caps crash hard Brokers at Morgan Stanley downgrade property sector  Titanium Sands pops on Sri Lankan prospects   Property, tech and healthcare stocks are leading losses up and down local markets o...

Stockhead ACS 3 years ago
Bulk Buys: Iron ore junior Fenix takes a page out of the majors’ book with haulage deal

Fenix Resources buys out haulage JV to take control of logistics, mimicking the structure of the Pilbara majors Rio Tinto opens 43Mtpa Gudai-Darri mine in the Pilbara as junior Strike prepares first shipment from Paulsens East Queensland c...

Stockhead ACS 3 years ago
Bulk Buys: Why upside remains for iron ore prices despite the market rout

Iron ore miners suffered a heavy sell-off yesterday as commodity prices fell on fears of Covid lockdowns in China Iron ore and steel market observer Mark Eames says there is more upside than downside thanks to the tight supply-demand balan...

Stockhead ACS 3 years ago
Bulk Buys: Australia’s biggest bank reckons iron ore and coking coal prices will stay higher for longer

Australia’s biggest bank has upgraded its long-term iron ore and coking coal forecasts in response to Covid, Chinese commodity demand and Russia But high energy prices could drive investment in decarbonisation, clouding the outlook for the...

Stockhead ACS 3 years ago
Bulk Buys: Covid Zero policy the bull in China shop for steel market

China’s Covid Zero policy has seen analysts knock down economic forecasts Bad news for sentiment in steel and raw materials, with iron ore futures tumbling in afternoon trade Coal prices remain freaking high A precipitous slide in Asian i...

Stockhead ACS 3 years ago
Bulk Buys: WoodMac thinks scrap steel will rival iron ore by 2050 in bid to curb steel emissions

WoodMac sees pathway for steel industry to reduce emissions 30% by 2050 Transition will require shift away from blast furnace to scrap-based electric arc furnace steelmaking Despite Chinese strong steel output in April, Commbank sees suppo...

Stockhead ACS 3 years ago
Bulk Buys: China’s lockdowns are the nagging pain that won’t go away for iron ore miners

Iron ore miners have been looking fragile over the last week, clawing to hopes of a second half revival in the Chinese economy as the impact of its Covid lockdowns worsen. Prices remain relatively high compared to major producer margins, wi...

Stockhead ACS 3 years ago
Bulk Buys: Stanmore closes $1.7 billion BHP coal buy; founder looks to repeat winning formula at emerging junior

Stanmore has completed its ambitious US$1.2 billion ($1.7b) acquisition of BHP’s Poitrel and South Walker Creek coal mines Its founder Nick Jorss is aiming to repeat his success at new coal producer Bowen Coking Coal Jorss says steelmaking...

Stockhead ACS 3 years ago
Bulk Buys: China promises steel output cut, shakes iron ore futures

China’s steel output has shown signs of life, building throughout the first quarter of 2022 after collapsing to its slowest rate in four years in October and November 2021. That came despite widespread curbs on mill output due to the Winter...

Stockhead ACS 3 years ago
Bulk Buys: How long will Australia dine out on its iron ore and coal banquet?

Iron ore and coal to drive $425 billion windfall for resources exports in 2021-22 according to Canberra forecasters India removes tariffs on Aussie coal exports as part of free trade deal Coal prices start to normalise (kinda), with premiu...

Stockhead ACS 3 years ago
Bulk Buys: These three juniors are queueing up to add to Australia’s high grade iron ore pipeline

Australian companies are lining up to deliver new high grade iron ore mines in a bid to capture tailwinds from the need to reduce emissions across the sector. This week no less than three studies have been released by ASX-listed juniors, ta...

Stockhead ACS 3 years ago
Bulk Buys: Get your umbrellas – price forecasts suggest coal profits could pour for a while yet

Analysts tipping a major correction in the coal price by the end of 2022 have changed their tune after Russia’s war with Ukraine blew up the market. Prices have confounded belief, with tightness in the seaborne segment of the coal market bo...

Stockhead ACS 3 years ago
Bulk Buys: Forecasters expected coal prices to stay sane in 2022, then Russia invaded Ukraine

Coal prices have bounded to new record highs on Russia’s invasion of Ukraine, extending the bonanza Australian based coal miners have enjoyed since the middle of last year. The stunning turnaround in metallurgical and thermal coal prices ha...

Stockhead ACS 3 years ago
Bulk Buys: China calls for biggest iron ore marketing shake-up since 2010

Back before the last mining boom buying a tonne of iron ore was little more than a trip to the corner store, with the bulk commodity fetching prices in the range of US$30/t. When Chinese steel production and industrial growth began to overt...

Stockhead ACS 3 years ago
Bulk Buys: How big a deal is all that extra port capacity in the Pilbara?

In one of the big iron ore headline makers of the past month the WA Government has released its new plan for Port Hedland, the world’s largest iron ore export hub. The Pilbara Ports Authority has already pushed its export rate beyond the 49...

Stockhead ACS 3 years ago
Bulk Buys: S&P thinks China’s drive to reduce emissions could keep a lid on iron ore prices

Iron ore is in familiar territory right now. Talked down by analysts who predict it is due for a dive, the headline Australian commodity has been defiant in 2022 so far. Despite the column inches expended on the rise in crude oil prices so...

Stockhead ACS 3 years ago
Accent Resources (ASX:ACS) receives preliminary results from Magnetite Range

Accent Resources (ACS) receives the preliminary results from its Magnetite Range Project (MRP) in Western Australia In Q3 2021, 57 reverse circulation percussion holes were drilled across the Julia deposit to infill historical drilling The...

themarketherald.com.au ACS 3 years ago
Bulk Buys: FMG says low grade discounts are transitory, cost pressures not so much

The Pilbara iron ore miners are facing business pressures on a number of fronts, including the on again, off again story around the reopening of WA’s Covid border. The WA Government’s decision to delay its planned February 5 reopening inde...

Stockhead ACS 3 years ago
Bulk Buys: Rio Tinto is upbeat on Chinese demand as it pledges a (modest) reversal of fortunes

The iron ore market does not offer the simple narrative that it did in the first two decades of the 21st century nor that of the suite of “green metals” like lithium, nickel and copper now hitched to electric vehicle sales and efforts to ma...

Stockhead ACS 3 years ago
Bulk Buys: Coal production could reach its highest level in 2022 and demand continues to rise

Coal mining is hardly popular but governments around the world, most of whom have promised to work to reduce the impacts of climate change, can’t get enough of it. It may be getting harder to finance and gain approval for mining coal, the b...

Stockhead ACS 3 years ago
Bulk Buys: The big banks are falling out of love with iron ore but China’s steel may still be strong in 2022

Iron ore has been unpredictable in 2021 and it would be a brave person to make a hard and fast call on where it will end up in 2022. In fact, with the whims of the Chinese Communist Party and vagaries of its economy one of the major factors...

Stockhead ACS 3 years ago