Articles On Atrum Coal (ASX:ATU)

Title Source Codes Date
Atrum Coal’s (ASX:ATU) Elan Coal Project still on hold amidst Alberta govt order

Atrium Coal (ATU) confirms its Elan Coal Project remains on pause following the release of the Alberta Government’s Coal Policy Committee (CPC) reports and resulting Ministerial Order An independent five-member panel held consultations acr...

themarketherald.com.au ATU 2 years ago
Top 10 at 10: These ASX stocks are shining bright this morning

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

Stockhead ATU 2 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 ATU 2 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 ATU 2 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 ATU 2 years ago
Closing Bell: Down a million per cent, Block is proving hard to Square

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...

Stockhead ATU 2 years ago
Ground Breakers: Gina Rinehart’s path to mine sweet, sweet coal in Canada isn’t getting any easier

Gina Rinehart’s Riversdale Resources has suffered another blow in its bid to develop a 4.5Mtpa met coal mine in Canada’s famous Rockies mountain range, with an judge in Alberta knocking back its request for an appeal against a Government de...

Stockhead ATU 2 years ago
Altrum Coal’s (ASX:ATU) CEO and MD resigns

Altrum Coal (ATU) has received notice of resignation from its current Managing Director and Chief Executive Officer, Andrew Caruso Mr Caruso has confirmed his willingness to work his contractural notice period of three months in order to f...

themarketherald.com.au ATU 2 years ago
Top 10 at 10: The ASX stocks cruising and crashing today

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

Stockhead ATU 2 years ago
Eddie Rigg’s Argonaut Equity forces Russell Moran into bankruptcy with debts bursting beyond $119m

Former Atrum Coal boss Russell Moran is set to be bankrupted with debts ballooning beyond $119m after surrendering in a lengthy and bitter legal war with broking firm Argonaut.

The West ATU 2 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 ATU 2 years ago
Top 10 at 10: The ASX stocks playing it safe this morning

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

Stockhead ATU 2 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 ATU 2 years ago
Closing Bell: ASX drops but energy maintains the gains

The ASX is down -0.3% today with the information technology sector taking the cake for the biggest dip at ~3%, followed by the healthcare sector at more than 1.5%. The ASX Emerging Companies Index (XEC) has flatlined. For the second day in...

Stockhead ATU 2 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 ATU 2 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 ATU 2 years ago
Bulk Buys: Iron ore imports for November soar in China to bring festive cheer for miners

The topsy turvy data coming out of China’s steel sector continues to roll on after the world’s biggest steelmaker revealed iron ore imports hit a 13-month high in November despite sliding steel production. China’s appetite for iron ore roar...

Stockhead ATU 2 years ago
Bulk Buys: Gina gets into magnetite with iron ore deal

Hancock Prospecting is making a big move into magnetite iron ore, this week inking an initial $9 million deal to farm into the Mt Bevan iron ore project owned by juniors Legacy Iron Ore (ASX:LCY) and Hawthorn Resources (ASX:HAW). It’s an in...

Stockhead ATU 2 years ago
Five worst performers on the ASX this year

Highlights Some stocks have eroded a huge chunk of their value in less than a year’s time. This huge underperformance makes them a questionable investment for the near future. ATU, MEI, MDI etc. are some of the worst ASX performers to...

Kalkine Media ATU 2 years ago
Bulk Buys: FMG fields green queries and banks review iron ore prices

Westpac is the latest major financial institution to knock down its iron ore forecasts after prices dived below US$100/t again on a slowdown in steel production in China it describes as the largest since 2008. It revised its price forecasts...

Stockhead ATU 2 years ago
Bulk Buys: MinRes cops big discount for iron ore, coal’s miracle run brings Bluff mine back from the dead

If there was any doubt about the importance of grade in iron ore, check out the latest numbers from Mineral Resources (ASX:MIN). Chris Ellison’s miner suffered a 48% discount to average Platts 62% iron ore prices in the September Quarter. T...

Stockhead ATU 2 years ago
Bulk Buys: Profit over prophecy as iron ore miner doubts price Doomsdayers

Set against rumours of its demise, spot iron ore has remained stubbornly defiant, reminding investors again why forecasting is a fool’s errand by bouncing above US$135/t on Monday night. A broad consensus is forming around metals like coppe...

Stockhead ATU 2 years ago
Closing Bell: ASX drops again, hit by APRA lending restrictions and NZ rate hike

After a positive start the ASX finished down over 0.5%. Today, APRA ordered the big banks to increase the home loan “serviceability buffer” from 2.5% to 3% from the end of October and hinted more regulation could be forthcoming. Also hittin...

Stockhead ATU 2 years ago
Bulk Buys: What is normal when it comes to coal?

Is there any end to coal’s incredible price run in 2021? This week has seen thermal coal prices rise to record levels, with low volatility 6000kcal product from Newcastle soaring 5% to US$240/t yesterday. Twelve months ago, when China’s dip...

Stockhead ATU 2 years ago
Closing Bell: Evergrande suspends trading, ASX rallies anyway

The ASX had a positive start to the week, driven by financial and travel stocks, despite global markets being overshadowed by the latest developments in the Evergrande saga. Evergrande’s shares in Hong Kong were suspended from trading after...

Stockhead ATU 2 years ago
Closing Bell: Good vibes stall as ASX limps into the weekend

The ASX limped into the close on Friday, in a fairly tame finish to a roller-coaster week. Evergrande contagion fears and jitters ahead of the US Fed meeting sparked a sharp selloff on Monday. But a week (or three days) is a long time in ma...

Stockhead ATU 2 years ago
Closing Bell: ASX defies the odds to finish in positive territory

The ASX was set for another negative day if futures and Wall Street’s drop were any guide — but even with a bad start, Australia’s bourse finished in the green. The ASX 200 fell as much as 0.50% in the first few minutes of trade but closed...

Stockhead ATU 2 years ago
Trading Places: Who’s onboard the bandwagon of reopening trades?

Trading Places is Stockhead’s recap of the buys and sells of ASX small cap shares by fund managers and other famous investors over the last fortnight. Specifically, Stockhead tracks substantial shareholder movements, being shareholders hold...

Stockhead ATU 2 years ago
Bulk Buys: As prices for coking coal soar, will China have to let Australian producers back into the club?

Coking coal prices have gone a wee bit crazy in recent weeks, presenting a once in a generation opportunity for ASX-listed companies who looked sickly as the 2021 financial year wrapped up. According to Fastmarkets MB, supply remains tight...

Stockhead ATU 2 years ago
Bulk Buys: UBS thinks Rio will miss guidance yet again in 2021

Is Rio Tinto (ASX:RIO) going to disappoint on shipments yet again? The gaffe-prone Pilbara miner, which was carried by stratospheric iron ore prices to a US$9.1 billion dividend at the half year, appears likely to miss its ambitious guidanc...

Stockhead ATU 2 years ago
Bulk Buys: Would you bet against Andrew Forrest and FMG on iron ore?

Andrew Forrest said he wouldn’t bet against the price of iron ore this week as he addressed media and analysts in a lap of honour for Fortescue Metals Group’s (ASX:FMG) transformative 2021. That was driven by record high iron ore prices thr...

Stockhead ATU 2 years ago
Coal prices are hitting record highs. Here’s why that’s a ‘once in a generation’ opportunity

Coal players — both coking (steelmaking) and thermal (power) — have ridden rough seas for the past few years. Things are now starting to get better. A lot, lot better. Premium Low Vol CFR China – a benchmark for Chinese coking coal imports...

Stockhead ATU 2 years ago
Bulk Buys: Coking coal goes crazy in China while iron ore futures bounce

How’s that Aussie coal ban going for China? Prices of imported premium coking coal in the Middle Kingdom soared to record highs of US$384 per tonne while China looks around every nook and cranny to source the product it once got from our ea...

Stockhead ATU 2 years ago
Bulk Buys: BHP places chips on iron ore, met coal as it waves goodbye to petroleum in Woodside deal

BHP (ASX:BHP) has taken advantage of 2021’s astonishing boom in iron ore prices to shower shareholders with a record dividend and kickstart the transformation of the world’s biggest mining house. Its final payout of US$2 per share came off...

Stockhead ATU 2 years ago
Russell Moran: High Court shows no interest in former Atrum Coal CEO’s loan rate wrangle with Argonaut

Former Atrum Coal CEO Russell Moran faces a debt bill potentially swelling beyond $60m after failing to persuade the High Court to let him appeal against a series of bruising WA court rulings.

The West ATU 2 years ago
Who made the gains? Here are July’s top 50 small cap miners and explorers

What happened to the most talked about commodities in July? Gold bounced back from recent lows to record a solid 2.54% gain (that’s +4.12% in Aussie dollar terms). The base metals suite – aluminium, copper, lead, nickel, tin and zinc – all...

Stockhead ATU 2 years ago
July Winners Column: Rare earths, engineering and takeover target stocks reigned supreme on the ASX

Despite much of Australia spending some or all of July in lockdown, the ASX 200 rose 1.7% and the top 50 winners all gained 45% or more. And that wasn’t the only joy during the month. Our Olympians are doing us proud bringing home 33 medals...

Stockhead ATU 2 years ago
Closing Bell: ASX closes Wednesday 0.38% higher but short of all time high

The ASX rebounded from yesterday’s losses but short of an all time high. The ASX 200 closed at 7,503 points, 0.38% up from yesterday but 6 points behind its intraday high. Meanwhile the ASX Emerging Companies Index gained 0.63% at 2,240 poi...

Stockhead ATU 2 years ago
Bulk Buys: Haircut for iron ore on steel production cuts, MinRes deal sends Red Hill Iron to the moon

Iron ore prices fell to their lowest level in two and a half months on the back of noise about steel production cuts in China on Friday, only to moderate on Monday. A 7% flop in iron ore prices to a little over US$180/t to end last week wou...

Stockhead ATU 2 years ago
Closing Bell: ASX dragged down by delta, energy stocks

The ASX closed in negative territory despite a solid gain in tech stocks. The ASX 200 closed 0.23% down at 7,474 points although the ASX Emerging Companies Index rose 1.06% to close at 2,226 points. Despite tech stocks gaining 4.38%, as inv...

Stockhead ATU 2 years ago
Closing Bell: The ASX makes a strong start to August, closes 1.3% higher

Local markets have made a strong start to the week, with the ASX200 closing 1.34% higher on Monday as some major M&A activity stole the headlines. Gains were led by the tech sector, as Afterpay (ASX:APT) showed its weight by dragging th...

Stockhead ATU 2 years ago
Bulk Buys: Global steel shows its strength as Australia’s BlueScope breaks earnings record

Are Chinese steel margins on the way back up? Sliding and eventually negative steel margins in June led many analysts to the conclusion that high prices for iron ore would slide rapidly in the second half of the year as steel producers look...

Stockhead ATU 2 years ago
10 at 10: These ASX stocks are keeping their eye on the prize this morning

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Stockhead ATU 2 years ago
Australian Broker Call *Extra* Edition – Jul 21, 2021

An additional news report on the recommendation, valuation, forecast and opinion changes for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now added The Au...

FNArena ATU 2 years ago
Bulk Buys: Grange Resources punching above its weight with absurd iron ore price premium as Vale and BHP report

Tasmanian iron ore producer Grange Resources (ASX:GRR) has become well known for the quality of its iron ore and, while small in volume, makes up for it in tactical nous by supplying pellets that grade around 65%. The Caleb Daniel of the ir...

Stockhead ATU 2 years ago
Hot Money Monday: Bathurst revs up after key legal victory

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...

Stockhead ATU 2 years ago
Resources Top 5: These green-tinged graphite, gold and mineral sands explorers are leading the pack

Astron has proposed a demerger to focus on developing large mineral sands projects Mithril recently pulled up bonanza grades like 80.3g/t gold and 705g/t silver at the ‘El Refugio’ project Atrum recovers some of its heavy losses in 2021 to...

Stockhead ATU 2 years ago
10 at 10: Investors are riding the bandwagon of these ASX stocks this morning

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Stockhead ATU 2 years ago
Closing Bell: Market slips, but Materials up 1.23%

The ASX 200 index closed near its lows Thursday, falling by 0.39% on lower-than-normal volume. Nine out of 11 sectors were lower, led by Health Care, which lost 1.44%. The Materials sector – which includes chemicals and plastics, constructi...

Stockhead ATU 2 years ago
Resources Top 5: Who’s back in the game today?

• Former Fintech stock Ookami back with a bang as a global minerals explorer • Dateline Resources soars on rare earths potential at Colosseum gold mine • Canadian coal developer Atrum recovers ground   OOKAMI LTD (ASX: OOK) Back in the mini...

Stockhead ATU 2 years ago