Articles On Ardea Resources (ASX:ARL)

Gold had its worst month since November 2016 in June, down 7% to $US1,779/oz. Mining and exploration stocks have followed suit. This bearish trend creates a buying opportunity, experts say. Boutique investment advisory firm head Frank Holme...

ASX Capital Raise Roundup is a weekly look at ASX capital raisings. As we roll the clocks forward into Financial Year 2022 many of us start fresh, make our fiscal new year resolutions and watch for markets to also cooperate in our renewed e...

The Ardea Resources Ltd (ASX: ARL) share price is racing higher during late afternoon trade. This comes after the minerals mining company provided an update on its recent capital raise. At the time of writing, Ardea shares are up 6.54% to...

Ardea Resources has served up a series of impressive gold hits at Goongarrie, 70km north-west of Kalgoorlie, where it has tenements covering 65km of strike along the key regional gold structure, the Bardoc Tectonic Zone.

The market giveth and the market taketh. Truer words have never been spoken with gold prices diving nearly US$100 in less than a day after the US Federal Reserve signalled higher inflation and that interest rates could rise twice by 2023. G...

Ardea Resources has unveiled a new mineral resource estimate for the Highway deposit within its Kalgoorlie nickel project area. It now stands at 92 million tonnes grading 0.69 per cent for 633,000 tonnes of contained nickel using a 0.5 per...

Our High Voltage column wraps all the news driving ASX battery metals stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, and vanadium.   The structural shift from fossil fuels to green energy is all but locked in. Now t...

Gold is re-starting its bull rally as two major obstacles — higher US Treasury yields and Bitcoin — fizzle. “Strong headwinds from parabolic Bitcoin and rising bond yields appear to have run their course,” Bloomberg Intelligence senior comm...

Ardea Resources looks to be on target with its drilling at Emu Lake, north east of Kalgoorlie in WA, with recently drilling intersecting high-grade nickel sulphides including 4.8 metres at 1.44 per cent nickel, which takes in 1.1m at a stun...

Ardea Resources has expanded its gold tenure around its Kalgoorlie Nickel Project in WA’s eastern goldfields as it looks to spin out the regional gold assets via a new initial public offering entity to be called Kalgoorlie Gold Mining.

Gold’s rally ran out of puff this week, with the precious metal dropping about 2% below ~$1US1,870/oz at Thursday close. Kitco’s Jim Wyckoff calls it “routine profit taking”. “Importantly, the price uptrend in gold on the daily chart remain...

Australia has just 3.4% of the world’s rare earth element (REE) resources but is the fourth largest producer in the world, with other minerals also posing significant future potential for the country. And that is just from one mine, Mt Weld...

The price difference between electric vehicles and their conventional petrol/diesel peers – a key obstacle to widespread EV adoption – is closing at an accelerated rate. Affordability = more EVs on the roads = more demand for battery metals...

Ardea Resources has initiated vital feasibility study work for its Kalgoorlie Nickel Project, appointing key consultants to supervise its new study and launching into a barrage of test work, as it looks to position to supply nickel-cobalt...

Over the past two months the gold price has turned a corner, up ~12.7% to a high of $US1898/oz. That’s a four month high, erasing almost all of 2021’s losses. The share prices of local gold stocks have responded in kind. Over the past month...

Ardea Resources has again struck gold at Goongarrie in WA, with drilling at the company’s Lady Charlotte discovery returning wide intercepts of high-grade mineralisation including 12 metres at 5.2 grams per tonne gold from only 42m down-hol...

Australia’s premier research institution, CSIRO has delivered a key report on Ardea Resources Goongarrie project in Western Australia’s gold and nickel rich Eastern Goldfields. The report marking completion of CSIRO’s collaborative study wi...

Summary TheASX 200 trades lower by 3.60 points at 7026.70 by the afternoon, paring early gains. Retain giant Kogan.com, up over 6%, was the best performer in the benchmark index, while EML Payments was the top loser with a near-4% fall...

Ardea Resources is set to drill two nickel sulphide targets between Kalgoorlie and Menzies in WA’s eastern goldfields. The drilling at Highway and Black Range will test coincident IP chargeability and geochemical anomalies.

Are large Bitcoin investors moving back into precious metals? In a note to clients, JPMorgan said large institutional investors are dumping bitcoin in favour of gold, reversing a trend that’s played out over the last two quarters. “The bitc...

The recovery in the gold price from its early March lows — ~$1,670s to over $1,825 currently — was mostly driven by the decline in real interest rates and, more recently a poor US jobs report and increasing inflation. US core inflation in A...

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, and vanadium. With some 85 per cent of the world’s cobalt originating from jurisdictions with higher levels of co...

“When you stop growing you start dying,” is a saying the ASX’s largest gold miners have apparently taken to heart. While hopefully remaining cognisant of the expensive, value-destroying deals which occurred when gold last peaked in the 2010...

Ardea Resources’ regional exploration program looks to be delivering in spades, with drilling at its Emu Lake prospect north-east of Kalgoorlie intersecting 1.75 metres of the nickel-rich sulphides in a text-book position along the basal co...

Ardea Resources looks to be quietly amassing a sizeable nickel sulphide target in WA’s Black Range. The company recently completed geophysical surveying across the metal-rich Ora Banda Sill, defining a broad induced-polarisation anomaly aro...

Source: Evgeny Zhumarinov, Shutterstock Summary Chalice Mining Limited (ASX:CHN) is ready to acquire four new properties at Julimar in WA. The current acquisition is followed by the acquisition of three properties in November 2020, an...

The gold price traditionally thrives on geopolitical drama. Heightened tensions in eastern Ukraine, the recent incident at an Iranian nuclear site, and news of an unofficial US delegation visiting Taiwan are recent reminders that 2021 will...

Gold continues to trend upwards on the back of US dollar’s ongoing weakness and concerns about inflation, so it’s unsurprising that the majority of gold plays on our watchlist have marked gains this week. The previous metal is currently tra...

Active restocking by battery manufacturers has sent prices of battery-grade lithium chemicals soaring thanks to tight supplies. Fastmarkets noted that domestic Chinese lithium hydroxide prices climbed 4.1 per cent in a week to between 73,00...

The gold price may have languished slightly in 2021, but the number of gold IPOs certainly has not. Here’s what the newest ASX gold explorers are doing, where they are doing it, and why investors should care.   KINCORA COPPER (ASX:KCC) The...

ASX-listed explorer, Ardea Resources has commenced drill-testing a strong DHEM conductor that may be harbouring nickel sulphide mineralisation in the Goldfields. The 450-metre hole is positioned just 50m away from recent drilling that retur...

Wall Street subdued, as bank stocks feel the heat Dow Jones rose slightly by 0.3%, while S&P 500 and NASDAQ fell by 0.09% and 0.6% respectively. Banks stocks were the main casualties, as Nomura and Credit Suisse both said they were faci...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest movers – the winners and losers alike. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday t...

By 2030, UBS predicts we’ll need a lot of manganese, lithium, cobalt, rare earths, nickel and copper if car makers are to hit some very ambitious production targets. They estimate EV penetration increasing from 4 per cent currently to 20 pe...

Strange to think that it is a year since the world was turned upside down when the World Health Organisation declared COVID-19 a worldwide pandemic in mid-March 2020. In the week that followed the price of gold tumbled nearly $US200 to $US1...

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths and vanadium.   Fun fact: There have been a dozen +11-bagger ASX battery metal stocks over the past 12 months. The...

A recent round of support for gold has seen the price consolidate above $US1,700 an ounce. However, with policy support from central banks, US stimulus and employment growth — underpinned by big infrastructure projects — you’d “expect gold...

Ardea Resources has discovered a strong ‘off-hole’ conductor just 20m north of a recent drill hole which tagged a stringer of nickel sulphides some 336m below ground at its Emu Lake nickel sulphide prospect east of Kalgoorlie in WA.

Ardea Resources has tabled an updated nickel-cobalt-manganese resource that contains a higher-grade core that the company says will be suitable for creating products to feed the burgeoning battery metals markets.

Ardea Resources (ASX:ARL) now has a resource of 60 million tonnes grading 1 per cent nickel and 0.07 per cent ... Read More The post Base Metals: Ardea is packing a big nickel resource near Kalgoorlie appeared first on Stockhead.

Ardea Resources has divested its non-core Bedonia East project to ASX IPO hopeful, Moneghetti Minerals, an unlisted public company hoping to list on the ASX this year. Consideration is $300,000 in shares, coverage of future tenement holding...

The company is focused on the development of the Goongarrie Nickel Cobalt Project and the exploration of compelling nickel sulphide and gold targets within the Kalgoorlie Nickel Project (KNP).

For goldies, 2020 was a year when good news was rewarded, and great news celebrated. The precious metal has gained about 22 per cent year-to-date despite treading water since mid-August. And there’s a strong chance 2021 will start off with...

Ardea Resources has uncovered a high grade, shallow gold discovery in the Goongarrie nickel-cobalt deposit in Western Australia. The 10 metre at 13 grams per tonne of gold discovery, named “Zeus”,  is located near its Big Four gold deposit,...

Ardea Resources’ Big Four gold prospect north of Kalgoorlie is starting to bear some serious fruit, with preliminary metallurgical test work showing outstanding recoveries of gold mineralisation. Four bulk samples from the deposit returned...

Ardea Resources continues to showcase the versatility of its massive ground holding in WA’s Eastern goldfields, unveiling a suite of nickel sulphide targets through the fertile terrane that stretches from Mt Zephyr Rocks north of Leonora to...

ASX-listed nickel and gold explorer Ardea Resources has identified drill-ready high-grade nickel sulphide targets at its Emu Lake prospect as part of its Kalgoorlie nickel project portfolio.

We have seen a surge in companies positioning themselves for the rise of the lithium battery industry. For example, lithium mining company Galaxy Resources Limited (ASX: GXY) has seen a 56.5% rise in share price in year to date trading. Ot...

ASX-listed mineral explorer Ardea Resources has launched a placement and share purchase plan to finance gold exploration activities at its WA projects.

ASX-listed explorer, Ardea Resources, has the drill rods turning once again at its Aphrodite North gold prospect that is just one of a plethora of targets to be tested within its gold-bearing Bardoc Tectonic Zone tenement package north of K...