Articles On Admiralty Resources (ASX:ADY)

ASX 200 drops as gold, iron ore and energy stocks struggle Paladin shares plunge after cutting uranium output forecast Australian business confidence hits two-year high amid easing inflation   The ASX 200 index slipped by 0.13% on Tuesday...

BHP says green technologies are replacing crummy property sector, remaining bullish on China’s steel market Whitehaven Coal avoids strike at AGM Rinehart rolls in the billions at Roy Hill Beset by activists, campaigned against by the Mini...

  ASX closes  higher with consumer and utilities leading the charge Wall Street rally boosts sentiment as Nvidia jumps 4pc China’s CSI 300 index falls 5pc amid doubts over stimulus plans   The ASX closed 0.13% higher on Wednesday, thanks...

Of the 42 iron ore stocks tracked by Bulk Buys, just five are in positive territory in 2024 Spot prices have fallen from US$140/t to US$97/t, salvaged by a bump from Chinese stimulus plans this week But the top ASX iron ore stock of 2024,...

Cost support is still sitting in the US$80-100/t range, BHP says, despite jitters in the Chinese economy and steel market Iron ore was back above US$100/t yesterday with marginal ‘swing’ supply now covering a large portion of demand BHP no...

ASX flattish on Monday, with utilities and gold stocks leading A2 Milk’s shares plummeted 20pc amid challenges in China Westpac and Suncorp saw gains of nearly 2pc after results release   Trading on the ASX was relatively quiet on Monday...

Leeuwin Metals has uncovered Robe River style iron ore mineralisation at its West Pilbara project Relative stability in iron ore price makes it an interesting place for juniors, provided they’re in the right locale M&A and board disput...

Momentum trading involves buying rising stocks and selling falling ones This works best during economic expansion, when market trends are stronger We take a look at three signals momentum traders use Momentum trading is a popular investme...

Chinese and Guinean governments give green light to Simandou infrastructure deal Rio’s share of the mega project will clock in at US$6.2bn What impact will the high-grade West African iron ore mine have on supply?    The Rio Tinto (ASX:RI...

Asian steel capacity growth likely to underperform forecasts: S&P’s Paul Bartholomew Manufacturing has replaced property as the key driver for steel markets in China Banks bearish on iron ore, with supply growth coming later this decad...

Rare earths hunters in Brazil make huge gains in FY24 and niobium juniors ride WA1 Resources’ Luni euphoria, but a scandium junior steals top spot Wildcat and Raiden rise to the top of an average lithium market Spartan soars on Never Never...

Anglo coal mine fire has prices running er… hotter Fastmarkets steel markets expert Paul Lim says the closure could delay the planned sale of Anglo’s coal division, but world class assets will still attract buyers Iron ore baby bounces on...

BHP confident steel customers will be able to use carbon capture to reduce emissions from blast furnaces The world’s biggest miner is hopeful its Pilbara ores can also be used in greener DRI-ESF steelmaking processes China ramps up imports...

On the back of yesterday’s news, several junior explorers ended the day on a high note, including Forrestania Resources (ASX:FRS) which saw its share price skyrocket almost 290%. Forrestania announced it was entering into the iron ore sp...

ASX 200 dips  amid Wall Street closure for Memorial Day Commodities bounce back; gold stocks rise, uranium falls Forrestania jumps on iron ore play   The ASX 200 edged down -0.2% on Tuesday as local traders navigated a directionless marke...

Stockhead’s Top 10 at 10, published at ~10.40am 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...

What grabbed the headlines last week?   Dovish noises from European central banks, a dovish note from the US Fed and some warmly welcomed weak-ass US labour market data gave Wall Street a pretty tailwind last week, the benchmark S&P500...

Momentum trading involves taking advantage of, and making profits from, upward trends in a stock. The strategy makes a calculated bet that the stock market’s recent winners will remain winners. The Relative Strength Index (RSI) is a popular...

Following the flood of Q1 2024 quarterlies on the ASX last week as companies scrambled to make the 30 April deadline, several junior explorers are seeing an increase in their market value. Battery and critical minerals-focused Oar Resour...

Goldman Sachs tips 2025 surplus for iron ore as Chinese infrastructure and property market pull steel demand in opposite directions Thinktank warns on met coal costs if market heads into decline But miners remain bullish there is a long r...

ASX rallies, with all sectors rallying on Tuesday The RBA holds rate, but keeps door open for more rate hikes Update on Bonza Airlines’ ongoing drama   The Aussie stock market rallied hard on Tuesday, up over +1%, as the RBA decided to ho...

BHP’s $60 billion bid for Anglo looks like it’s all about copper But it could also make BHP a dominant producer of premium hard coking coal Why does the marriage of the Bowen Basin cousins make sense? BHP’s (ASX:BHP) proposed acquisitio...

The ASX staged a relief rally on Monday Gold, oil stocks struggled after tensions in the Middle East eased The focus has now shifted from Middle East tensions to company earnings   The ASX put on a relief rally after its -3% loss last wee...

The ASX rebounded from a sluggish start… but wait, it all dipped again as we were heading out the door Local traders were initially shaken this morning after remarks from Fed’s Powell Aussie defence budget to be given a $50bn boost   The...

The ASX200 ends Tuesday slightly lower Resources stocks hold the fort, everyone else AWOL  Small Caps led by Dart Mining and Mesoblast   Local stocks looked the goods during the first hour of the new quarter, but that – like the ASX200’s...

Coal markets are on watch for the impact of a shocking bridge collapse blocking the Baltimore port Jarden says stronger Asian steel spreads linked to lower iron ore and met coal prices will be positive for BlueScope Iron ore unlike to dip...

Iron ore prices briefly dipped below US$100/t last week as weak steel fundamentals bite in China BHP’s new CFO Vandita Pant says African iron ore could disturb a balanced market between supply and demand But the world’s biggest miner is b...

The ASX 200 index has retreated from its all time high levels on Monday after closing -0.15% lower. As a quick reminder, the index touched a record high of 7,769 last Friday. Sentiment fell after the ABS reported a 1.7% fall in Australian b...

Admiralty Resources NL (ASX:ADY) secures a transmission line contract, advancing its flagship Mariposa iron ore project in Chile towards production It grants the company easements and lease rights necessary for transporting electricity t...

Vale reported a strong fourth quarter, but has pledged to add quality tonnes in iron ore rather than just boost scale Executives at the Brazilian giant say while grade premiums are weak, the pellet market will stand out Needed in green st...

Momentum investing has been shown to be a successful strategy over the long term. The strategy essentially involves “buying high, but hoping to sell even higher” – which is the counter to the well known strategy of “buy low and sell high”....

Iron ore prices shocked to the upside last year, with BHP saying ‘contestable demand’ has eluded bearish estimates for the past five years BHP CEO Mike Henry is bullish on India as a growing hub for steel production, but coking coal could...

Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, which is meant to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live data, to provide a short, sharp update to help frame the...

Coking coal prices surge as China looks to tackle safety at deadly Shanxi coal mines China threatens iron ore price crackdown, in perpetually ineffective jawbone Perth and Canberra continue to get fat on iron ore outperformance Coking c...

Andrew Forrest’s FMG copped a first strike against its remuneration report for executive and director payments defended by the mining billionaire Fortescue’s iron ore boss says its new blend of “green” high grade and low grade iron will h...

Iron ore is trading near US$130/t, with investment bank analysts ratcheting up forecasts for 2024 Big banks remain more sceptical that iron ore can hold as China’s property market and emissions reduction hopes loom Glencore joins with Asi...

Gina Rinehart’s Hancock Prospecting pulled in a profit of over $5 billion for the third year running Its 70% owned Roy Hill mine, where the company will roll out its first electric locomotive next year, remains the mainstay TerraCom dumps...

Benchmark ASX crawls back to close +0.12% in the green Seven Sectors close higher, led by REITs and Consumer stocks Small caps led by TOY and Patriot Lithium   The benchmark has ended a good morning with a wretched afternoon, as selling a...

Benchmark ASX index closes short by -0.04% Materials sector tries but cannot offset everyone else  Small caps led by HAL, DTC   The ASX200 Index has closed slightly lower after jumping early (+0.3%) out the gates on Wednesday morning. The...

Low grade iron ore has been resilient in spite of rising enthusiasm for green steel But Champion Iron says signals for stronger high grade iron ore demand are emerging BMI says coking coal rally could run further in 2023 before moderating...

High prices, low discounts set stage for development of CZR’s Robe Mesa deposit in the Pilbara Rio Tinto ramps up low grade iron ore sales to lift output With CZR on Rio’s doorstep could the DFS finally be the trigger for a takeover? Ma...

Benchmark index finishes Friday ahead +0.4% Sectors led by Financials Small caps dominated by Dimerix   The ASX200 is up +0.4% at  the end of Friday trade, making the week a 1% loss, which we’ll take at this stage. US equities ticked l...

The ASX 200 benchmark falls 0.5% as central bank boogeymen spook investors Energy pretty much on its own out front of the rest of the sectors Small caps led by lithium and new metal minnows with some sturdy new finds   Local markets hav...

A green steel market has taken another big step after Fastmarkets launched its first Asian green steel premium on Friday Fastmarkets regional editor Asia Paul Lim told Stockhead premiums paid for low carbon steel had been seen in excess o...

Iron ore has in recent memory performed extraordinarily poorly in the second half thanks to a recent cycle of unfettered steel output in the first half of the year in China followed by a string of Government controls to keep output falling...

Mineral Resources could face a deadline in its efforts to create a new magnetite iron ore province in WA’s Yilgarn region Fenix Resources shares drop despite $29m profit as dividend more than halves Bowen Coking Coal retools as Bathurst R...

BHP sees cost support for iron ore prices at between US$80-100/t It suggests strong margins could remain in place for a while, even as majors look to ramp up iron ore supply and questions hover over Chinese steel demand The process to sel...

The benchmark has sagged to -0.24% to close out the week with a world-weary sigh. Falling crude prices hobbled the Energy sector, dragging it 1.93% lower. Small caps winner Rubix Resources is feeling some neighbourly love, thanks to Allk...

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...

IEA predicts coal demand will remain around record levels in 2023, driven by China, India and South-East Asia Exports of thermal and met coal could outstrip 2019 record Rio boss admits China steel may have peaked Coal is on the nose with...