Articles On Adavale Resources (ASX:ADD)

Futures suggest Australian shares will open higher today, despite iron ore prices falling back to $US100 (A$149.81) a tonne. This is warm news for the local share market after suffering losses in the past four sessions. Here are some...

‘Guy on Rocks’ is a Stockhead series looking at the significant happenings of the resources market each week. Former geologist and experienced stockbroker Guy Le Page, director, and responsible executive at Perth-based financial services pr...

Earlier this month New York fund managers Leigh Goehring and Adam Rozencwajg flagged that, as quickly mobilised spot volumes become scarce, speculators could use the Sprott Physical Uranium Trust (SPUT) to push yellowcake prices sharply hig...

Adavale Resources has flagged more zones of strong nickel sulphide mineralisation at its Kabanga Jirani nickel project in Tanzania. The company intersected a 4.9m zone of blebby and heavily disseminated nickel sulphide mineralisation with...

Nickel sulphide explorer Adavale Resources (ASX:ADD) reports 2 diamond drill rigs are now spinning at its Kabanga Jirani Nickel Project in Tanzania. The company says a rig has begun drilling hole DDLUHC002 in an up-dip position at the Luhum...

The ASX 200 closed lower, dragged by the technology and communications sectors. Meanwhile, energy stocks soared up 1.33 per cent, with the materials sector close behind, gaining 0.56 per cent. In the green Iceni Gold’s (ICL) shares...

Stockhead’s In-Case-You-Missed-It highlights some strongest performing ASX stocks that might have slipped your notice today.  It’s a short, sharp update to help frame the trading day by showing some of the biggest movers in percentage terms...

Adavale has started drilling the first of possibly two diamond holes to follow up on the nickel-bearing massive sulphide intersection at the Luhuma Central prospect within its Kabanga Jirani nickel project in Tanzania. Hole DDLUHC002 will b...

Adavale Resources Ltd (ASX:ADD) executive director David Riekie tells Proactive massive nickel sulphides over 4.15 metres have been intersected on ...

ShareCafeASX closes 1.2% lower as RBA lifts cash rate 25 basis points by Peter Milios   At the closing bell, the S&P/ASX 200 was 1.2 per cent lower at 7,144.50, after the Reserve Bank’s decision to lift the cash rate by 0.25 per cent. T...

Stockhead’s In-Case-You-Missed-It highlights some strongest performing ASX stocks that might have slipped your notice today.  It’s a short, sharp update to help frame the trading day by showing some of the biggest movers in percentage terms...

The ASX closed lower today as the Reserve Bank increased the cash rate to 4.1 per cent. The RBA cited “persistent” and “ongoing” high inflation as its reason behind the increase, marking the highest cash rate since April 2012. The sec...

ShareCafeASX 0.7% lower at noon as investors await RBA rate decision by Peter Milios   At noon, the S&P/ASX 200 is 0.7 per cent lower at 7,165.50 as traders await the Reserve Bank of Australia’s interest rate decision at 2.30pm. Consume...

ShareCafeStocks of the Hour: SIG, MGV, ADD                    Sigma Healthcare (ASX:SIG) has been awarded a supply contract with Chemist Warehouse. CEO Vikesh Ramsunder commented: “The contract allows us to leverage our highly automat...

06 Jun 2023 - A snapshot of the stocks on the move featuring Sigma Healthcare (ASX:SIG), Musgrave Minerals (ASX:MGV) and Adavale Resources (ASX:ADD).

Stockhead’s Top 10 at 10, published at ~10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Adavale’s diamond drilling has confirmed the presence of nickel-bearing massive sulphides at the Luhuma Central prospect within its Kabanga Jirani nickel project in Tanzania. The intersection of massive sulphides over 4.15m from a down-hole...

S&P/ASX 200 closes up 1% – its best performance in about a week  All sectors bar IT and Utilities had green days, with Discretionary and Utilities outperforming Resources & Energy Group had a +183% stonker of a day on its you-beaut...

Stockhead’s In-Case-You-Missed-It highlights some strongest performing ASX stocks that might have slipped your notice today.  It’s a short, sharp update to help frame the trading day by showing some of the biggest movers in percentage terms...

Nickel sulphide explorer Adavale Resources (ASX:ADD) reports its subsidiary has been granted prospecting licence PL12350/2023, known as Luhuma Central, within the Kabanga Jirani Nickel Project in Tanzania. The company considers Luhuma Centr...

Woodman says nickel output needs to increase three-fold by 2050 Benchmark Minerals Intelligence says we need 72 new nickel projects by 2035 Last year BHP invested US$100m in a Tanzanian nickel project   The nickel market saw massive gains...

More and more automakers are making inroads into mining industry with Ford joining PT Vale Indonesia Liontown agrees terms with Olympio Metals to farm into Mulline and Mulwarrie lithium projects Nickel sulphide targets, and a 15km copper i...

ASX-listed exploration and development company Adavale Resources (ASX:ADD) will be targeting a 15km soil anomaly in an upcoming drilling program at the Kabanga Jirani Nickel Project in Tanzania. The drilling program follows a $2 million fin...

Several distinct nickel sulphide targets, including a 15km copper in soil anomaly, will form the basis of a 5,000m drill campaign at the Kabana Nickel Project in April. Adavale Resources (ASX:ADD) says recent wet season geochemical surveys...

Adavale Resources has nabbed funding for up to $2 million (before costs) to progress drill testing of priority nickel sulphide targets at its Kabanga Jirani Nickel Project in Tanzania via the issue of unsecured Convertible Notes. Earlier th...

ASX weathers a US bank collapse storm to finish the day down just 0.5% XEC Emerging Companies index down 0.84% because it was out partying all weekend. The Goldies take the gongs, after the precious metal jumped more than 1.0%   Looking a...

Don’t let the uranium price fool you, positive sentiment is here to stay  Market analysts believe the medium to long term outlook for uranium is promising  Here are 12 sub-$20m market cap stocks to take a closer look at    Despite the cha...

Adavale Resources (ASX:ADD) has confirmed the presence of uranium mineralisation following an initial low-cost reconnaissance drilling program at its wholly owned Lake Surprise Project in South Australia.  The results, generated by 56 drill...

Initial reconnaissance drilling at Adavale Resources’ Lake Surprise project in South Australia has confirmed uranium mineralisation within a complex braided stream environment.  The drilling program was designed to test a prospective zone i...

Adavale Resources (ADD) confirms uranium mineralisation at its Lake Surprise project in South Australia The company has received results from its initial reconnaissance drilling program in February involving 56 holes for 742 metres Th...

Resolution Minerals is expanding its horizons with the grant of a large landholding in South Australia that is prospective for both high purity silica sands and uranium. The new George project includes the Etadunna silica sands prospect whi...

Adavale Resources (ADD) commences drilling at its wholly-owned Lake Surprise uranium project in South Australia The 4500-metre aircore drilling program will test shallow uranium targets at average depths of 30 metres ADD will use a tr...

Adavale Resources has kicked off a 4500m aircore drilling program at its Lake Surprise uranium project in South Australia, as interest in the nuclear fuel turns a corner. Uranium has emerged as a commodity to watch in recent years, its spot...

Adavale Resources (ASX:ADD) has started a 135km-square soil geochemical survey on prospective layered mafic-ultramafic intrusions following initial diamond drilling (DD) at its Kabanga Jirani Nickel Project in Tanzania.  The company says th...

Adavale Resources (ADD) intercepts nickel sulphide host rocks at its Kabanga Jirani nickel project in Tanzania The company has completed initial drill tests on target areas in both the Kabanga East and Kabanga West areas, involving four...

Explorer Adavale Resources has intercepted nickel sulphide host rocks at the Hem 2 target of its Kabanga Jirani Nickel Project in Tanzania.

Good morning, and good luck handling those post Day-Off, Back to Work For One Day blues. The good news is market watchers appear pretty bouyant about today’s action on the ASX, with SPI Futures up 31 points. That’s after a 22-point drop yes...

Nickel sulphide exploration company Adavale Resources (ASX:ADD) has exercised its option to acquire 65% of the Luhuma Nickel Project located adjacent to its Kabanga Jirani Nickel Project in Tanzania. The company executed a binding farm-in a...

Adavale Resources (ADD) increases its quality nickel exploration tenure in Tanzania The company’s Tanzanian subsidiary has been granted the Kabanaga Southeast Wedge prospecting licence Adavale also triggered the acquisition of 65 per...

Adavale Resources has increased its nickel exploration tenure in Tanzania, with its subsidiary being granted Prospecting Licence PL 12175/2023, covering an area of 44.83km2 – called The Southeast Wedge.  The Southeast Wedge is a contiguous...

The ASX is set to rise today after a broad rally on Wall Street Ford and Spotify announce more layoffs The crypto market has bounced back   The ASX is on track to rise again on Tuesday after a broad rally in New York. At 8am AEDT, the ASX...

Drilling has confirmed the prospectivity of the HEM2 target area at Adavale’s Kabanga Jirani nickel project in Tanzania following the intersection of visible sulphide zones. The sulphide intersections within prospective mafic lithologies in...

Stockhead’s Year in Review video series is a yearly wrap up address from company leaders showcasing latest achievements, discoveries and developments of emerging ASX companies.  In this instalment David Riekie, executive director at Adavale...

Adavale has received approval from the Department of Energy and Mining (DEM) to start drilling at its Lake Surprise Uranium Project in South Australia. Lake Surprise is prospective for uranium hosted within a silcrete capped paleochannel in...

Adavale Resources (ADD) receives environmental approval to begin aircore drilling at its Lake Surprise uranium project in South AustraliaThe State Department of Energy and Mining has green-lit the company’s 4500-metre program to test shallo...

Adavale Resources (ADD) kicks off its first round of drilling at its Kabanga Jirani and Luhuma nickel projects in TanzaniaThe company plans to drill 8000 metres of both diamond and reverse circulation drilling over coincident gravity and el...

Drilling is now underway to test multiple electromagnetic conductors at Adavale’s Kabanga Jirani and Luhuma projects in Tanzania which are prospective for nickel sulphides. Initial reverse circulation drilling is being carried out to drill...

Adavale Resources is mobilising its rig to the Kabanga Jirani and Luhuma nickel sulphide projects in Tanzania, ready to kick off a 6,000-8,000m RC/diamond drill program in October.  The drill program will initially focus on seven high-prior...

Adavale Resources (ADD) begins mobilising a drill rig to its Kabanga Jirani and Luhama nickel projects in the East African nickel belt of TanzaniaThe multi-purpose reverse circulation and diamond rig is set to begin a high-impact priority t...

Adavale is seeking a key approval that will allow it to start exploration drilling testing shallow uranium targets at its Lake Surprise project in South Australia. The submission of the Exploration Program of Environmental Protection and Re...