Articles On Admiralty Resources (ASX:ADY)

Small caps drops 0.53%, fails to recover from the RBA speech overnight CBA says history shows stocks tend to advance after US midterms US megacap and tech companies had a bit of a rough earnings season   Small caps closed 0.53% lower toda...

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...

ASX closes out the day lower by about 0.74% Online matchmakers Love Group goes on a bodice-busting 39% jag Woman tries to stop eviction with a swarm of bees. No, really…   Aussie markets are set to meander to a close around 0.74% down for...

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...

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...

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...

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...

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’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...

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...

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...

The benchmark grumbles to a slovenly 0.7% slide Aussie bond yields have risen 13 basis points as recession chatter continues Domino’s sinks after getting laughed out of Italy The ASX has been consistently indolent, even – dare we say it –...

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...

ASX 200 and small caps rise circa 1% Regional markets jump on strong leads, US inflation data Ragusa Metals: up 60% Local markets took off at the open, feeling a little of the excitement which took hold of Wall Street overnight. The bench...

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...

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...

Benchmark down, small caps up Utilities ahead 1% and well, the energy sector is on fire And why early buyer James Gerrish from Market Matters was never bearish on WHC  The ASX Emerging Companies (XEC) index has closed 0.6% higher and the...

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...

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...

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...

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...

Emerging markets index jumps circa 2.3% ASX200 1.4% higher Southern Cross up 215% on ‘spectacular’ and ‘unprecedented’ strikes   The Emerging Companies (XEC) index is well over 2% higher on Monday, while the ASX200 (XJO) has also ended t...

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...

Emerging markets index closes 0.6% lower ASX200 down 0.3% TAH is one of us now   The Emerging Companies (XEC) index is tracking lower on Tuesday, down 0.6%. The ASX200 (XJO) has ended the session 0.3% lower. All fell flat, but for a few...

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’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...

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...

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...

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...

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...

ASX Emerging Companies (XEC) Index is about 0.2% lower ahead of the close on Tuesday Iron ore maintains US$160, AUD steadies around 75.4 US cents Major movers today: Payright (ASX:PYR), Sovereign Metals (ASX:SVM)   The ASX200 had a nasty...

Sovereign’s ‘Kasiya’ project now the largest rutile deposit (18Mt) and second largest graphite deposit (23Mt) ever discovered Flynn Gold reveals WA gold-lithium strategy Mitre Mining (rare earths), Redstone (copper, cobalt), and Admiralty...

The S&P/ASX Emerging Companies (XEC) Index is racking about 0.3% higher on Tuesday, while the benchmark ASX 200 (XJO) rose 0.7%, buoyed by a resurgent tech sector and a strong performance from consumer discretionary companies ahead of t...

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...

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...

The recent super-toppy prices of Australia’s major commodity exports took a rare backward step today as analysts began to count the cost of China’s latest no-Covid lockdowns. The mega-miners and most of the energy names dragged heavily on T...

Highlights The ASX Small ordinaries index was trading 0.78% lower at 3,189, by 12:30 PM AEDT. ADY, CZN and KCC are some ASX penny stocks trading higher today. Proper due diligence is always recommended while dwelling deep in the penny...

Kincora Copper reckons it is getting close to a porphyry motherlode Drilling pulls up more thick zones of visual copper-zinc at American West Metals’ advanced Utah project Admiralty (iron ore, nickel, cobalt), Corazon (nickel, cobalt), GME...

Highlights The ASX Small Ordinaries index was trading 0.11% lower at 3,218.8, by 11:00 AM AEDT. ADY, SNG and KP2 are a few ASX penny stocks delivering stellar gains today. Investing in penny stocks should be avoided if investors lack...

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...

Looking the goods ahead of the open, the ASX has been given a hideous Monday haircut, down about 1%, after the White House floated a thought bubble on slapping Russia with an oil embargo. Offshore markets have now overcome their initial pan...

And it’s back-to-back gains for the ASX 200 after commodity prices and buying more stuff in December led to a smart 3.4% gain in quarterly GDP. Heading into the close, US futures are on the up. Iron ore is smashing it – up almost 4% to a Ch...

The ASX200 has come to a jerky halt, closing more than 50 points or 0.7% higher. The market is down 5.6% over the last 52 weeks. The ASX Emerging Companies (XEC) index ended 0.6% better. The Four Horsemen of the Apocalypse are abroad on Mon...

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...

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...

The S&P/ASX200 is lower in late trade on Tuesday, dropping around 30 points or 0.4%, after iron ore futures plunged in Singapore. The SGX March booking shed a full 10% after lunch (Singapore time) on reports Beijing has just had it with...

Caspin hits a 62m of significant nickel and PGEs at flagship ‘Yarawinda Brook’ project near Chalice’s Gonneville Junior iron ore explorers Surefire, Admiralty gain on rocketing benchmark pricing Coda Minerals tables a takeover offer for ju...

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...

The S&P/ASX200 pared earlier losses to finish ~0.2% lower. Wall Street lifted, but my word  — those gains were undermined by an after market bombshell from Facebook’s weird parent company, Meta ($FB), which slumped after totally disresp...

Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relative Strength Index (RSI). The RSI is a technical gauge which measures how trading momentum is affecting the price action. A reading of 70 is seen as the le...