Articles On Canterbury Resources (ASX:CBY)

Title Source Codes Date
Resources Top 5: This junior iron ore miner says first sales are ‘imminent’

Conico, Greenstone Resources surge as neighbour Galileo goes into trading halt Iron ore junior Freehill Mining says first sales are imminent from Chile project Porphyry hunters Alma Metals, Kincora Copper up on no news Here are the bigges...

Stockhead CBY 1 year ago
Gold Digger: CHART – Frail Aussie dollar has local gold miners sitting pretty

US gold price down more than 10% or $200 from its peak But Aussie gold miners faring better due to weak AUD-USD exchange rate This week’s ASX standouts: Twenty Seven Co, OzAurum Resources Our Gold Digger column wraps all the news driving...

Stockhead CBY 1 year ago
The right stuff: Alma returns high copper recoveries up at Briggs deposit

Alma’s metallurgical test work has returned copper recoveries of between 92% to 95% for the three types of mineralisation at the Briggs copper deposit in Queensland. What’s even more impressive for the work – which produced concentrates wit...

Stockhead CBY 1 year ago
Closing Bell: Tech stocks, consumer names lead as small caps close higher

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...

Stockhead CBY 2 years ago
Gold Digger: Stagflation to push gold through $US2,200 later this year, expert says

Gold price to hit $US2,200 as stagflation fears take hold U.S. and allies officially prohibit all transactions with Russia involving gold, one of its financial lifelines. Will it work? Gold price rebounds over past week to $US1,960/oz Our...

Stockhead CBY 2 years ago
Gold Digger: ASX stocks perform strongly in a volatile week for gold

War gossip/news remains the main driver of gold prices. The precious metal is having one of those volatile weeks where unless they timed their entry and exit perfectly, investors probably had a tough time whether long or short, says OANDA s...

Stockhead CBY 2 years ago
Gold Digger: ‘Oversold’ ASX Gold index soars 19% in a month

A good week for gold, which is up 1.04% to ~$US1,940/oz at time of writing. History shows us war doesn’t usually trigger an extended rally, but news flow – or lack thereof – coming out of Ukraine continues to be the biggest influence on the...

Stockhead CBY 2 years ago
Closing Bell: It’s been a crazy good day on the small cap index, but beware madness sans method

The ASX Emerging Companies index (XEC) is up more than 1.5% on Thursday, while the benchmark ASX 200 is higher as well. Local investors are totally unconcerned by weak US futures when commodity prices behave like incensed lemmings. The alre...

Stockhead CBY 2 years ago
Copper boom brings Alma Metals to life in bid to develop Queensland porphyry

The positive outlook for copper prices as the world begins the long but accelerating transition from fossil fuels to renewable energy will unlock deposits previously thought uneconomic. The headline that the world needs more copper and will...

Stockhead CBY 2 years ago
Closing Bell: Emerging Co’s Index bullies Russian aggression, rises 2.75%

The ASX Emerging Companies Index (XEC) has recovered strongly on Wednesday, gaining 2.75%. The ASX200 also closed higher, gaining around 45 points or 0.6%. The market found its feet in afternoon trade, tech stocks leading the way. Look. Rat...

Stockhead CBY 2 years ago
Closing Bell: Screwball takeovers and lack of war lifts ASX, small caps stunned

So basically, this is how I read it. Because of two really screwball takeover ideas involving the A2 Milk Co and AGL Energy —  two of the more screwball companies floating about on the benchmark index — the S&P/ASX200 is higher on Monda...

Stockhead CBY 2 years ago
AKN, SW1 and CBY: Three ASX penny stocks defying gravity today

Highlights The benchmark ASX Small Ordinaries index was 0.41% down to 3,278.4, by 12:30 PM AEDT. AKN, SW1 and CBY are a few ASX penny shares attracting investors today. Investing or trading in penny stocks should be done after proper...

Kalkine Media CBY 2 years ago
Gold Digger: War (what is it good for?)

Investors generally buy gold as a way of diversifying risk when s..t hits the proverbial fan. That’s why the precious metal appears to perform well in times of war or political instability. Conversely, stocks and bonds perform best in a sta...

Stockhead CBY 2 years ago
Alma Metals (ASX:ALM) confirms “significant” resource growth at Briggs

Alma Metals (ALM) intersects copper mineralisation and confirms “significant” resource growth potential at the Briggs porphyry copper deposit in Queensland Reverse circulation (RC) drilling results have confirmed mineralisation up to 750...

themarketherald.com.au CBY 2 years ago
Canterbury Resources’ (ASX:CBY) reports “strong” drilling results at Briggs

Canterbury Resources (CBY) is reporting “strong” drilling results from the company’s Briggs Copper Project in Queensland The results confirm extensive porphyry copper-molybdenum mineralisation up to 750 metres along strike from the existin...

themarketherald.com.au CBY 2 years ago
Copper could be the best performing metal of 2022. Here are the producers, and the players hot on their heels

Last year, the price of copper rose 33%, but that was just the entree. Goldman Sachs reckons the red metal will hit a record US$12,000/t over the next month, up from ~$US9,700/t currently. That’s uncomfortably bullish, but even the more mil...

Stockhead CBY 2 years ago
Gold Digger: Investors are stashing a record amount of gold bars and coins as inflation fears bite

Alas. After teasing gold bugs with a push through $1,840/oz over the past week, we are now back below ~$US1,800/oz. Gold stocks can’t seem to catch a break. What gives? I don’t get it. PM miners didn’t even get the windfall of the market w...

Stockhead CBY 2 years ago
Gold Digger: Solar, electric vehicle demand could push silver market into long term deficit

Global silver demand hit ~1.02 billion ounces in 2021, the first time it has breached 1 billion since 2015, according to the Silver Institute. Of that, industrial demand hit a new high of 524 million ounces. And of that, photovoltaic (solar...

Stockhead CBY 2 years ago
Closing Bell: Gains across the small cap space as the ASX edges higher

The ASX edged higher in a fairly directionless session in Thursday trade, after US markets comfortably digested the latest round of inflation data overnight. The iron ore majors led the way with strong demand across the board, with more mut...

Stockhead CBY 2 years ago
Gold Digger: JP Morgan reckons gold’s gonna take a dive to $1,520/oz by Q4

Gold is holding steady above US$1,800/oz – currently trading at US$1816.60. Some players are confident the gold market will trend net positive next year as the market digests the reality of the past 24 months. But commodity analysts at J.P....

Stockhead CBY 2 years ago
Gold Digger: Gold bulls are out in force, but expect turbulence

With gold spending most of the past week hovering around the US$1,800/oz (A$2,485/oz) mark, speculation has turned away from whether the precious metal can hold its gains to asking if it can test hit the US$1,850/oz mark. Gold is currently...

Stockhead CBY 2 years ago
Gold Digger: Early 2022 gold rally could turn sour mid-year

It’s been fairly choppy for precious metals this year, with economic recovery, rising nominal yields and the potential for rate hikes dampening investors’ appetite for gold. But on the flip side, new virus variants, fears of stagflation and...

Stockhead CBY 2 years ago
Gold Digger: An inflationary bomb is about to go off. It’s time to prepare for the next gold bull market

US Fed chair Jerome Powell finally admitted that inflationary pressures weren’t going to be as sh­­ort-lived as perhaps expected. Earlier this week Powell surprised markets by suggesting it would be appropriate to drop the phrase “inflation...

Stockhead CBY 2 years ago
Gold Digger: Gold’s renaissance was short-lived. Have prices bottomed out?

Following a 7.6% surge from late September, the price of gold briefly hit five-month highs of ~$US1,872/oz on fears that current high inflation levels are more than ‘transitional’. Gold is an ‘inflation hedge’; an investment that ostensibly...

Stockhead CBY 2 years ago
African Energy Resources (ASX:AFR) prepares for capital raise

African Energy Resources (AFR) enters a trading halt while it plans a capital raise The company recently entered an option to earn a majority interest in the Briggs and Mannersley porphyry copper project in Queensland As part of this, AFR...

themarketherald.com.au CBY 2 years ago
Gold Digger: These cheap gold stocks might not last long

Following a 7.6% surge from late September, the price of gold is now sitting ~$US1,860/oz for the first time since June. The Aussie price is looking even better, which is great news for our local producers: USD (dark) and AUD (light) gold p...

Stockhead CBY 2 years ago
Gold Digger: Prices lift off on growing inflation

Growing concerns about inflation could send gold prices soaring back above the US$2,000 ($2,746) an ounce mark it last reached back in 2020. Prices of the precious metal have already been rising steadily over the past fortnight, up some 3.7...

Stockhead CBY 2 years ago
Gold Digger: A global carbon tax could hit gold stocks right where it hurts

A global carbon taxation regime could slash gold miner profit margins by up to 45% unless an effort is made to reduce greenhouse gas emissions, Metals Focus says. Some countries, such as Canada and Sweden, already impose carbon taxes and th...

Stockhead CBY 2 years ago
Gold Digger: Ounce-hungry gold miners investing big $$ in M&A, new developments

The gold price may be in a holding pattern at ~$US1,800/oz, but Aussie gold miners continue to throw piles of cash at acquisitions and new developments. Westgold (ASX:WGX) looks increasingly likely  to hoover up struggling producer Gascoyne...

Stockhead CBY 2 years ago
Gold Digger: Two charts that show how undervalued gold stocks really are

Gold stocks are cheap, experts keep saying. Well-known analyst Jesse Felder has now demonstrated the “pathetic performance” of the US gold majors in handy chart form. The US listed BANG stocks (Felder’s play on FANG) include gold giants Bar...

Stockhead CBY 2 years ago
Gold Digger: This large Russian gold mine will have its own nuclear power plant

The +9Moz, ~350,000ozpa ‘Kyuchus’ field will be one of Russia’s biggest gold mining projects. Kyuchus was first discovered in 1963, but its isolation in the harsh Arctic climate of the Yakutia region has, so far, stymied numerous developmen...

Stockhead CBY 2 years ago
Gold Digger: Gold M&A is heating up. Which junior is the next takeover target?

Investors want to see gold miners wisely grow their production profile. Not like miners did during the last cycle, when some irrational, highly priced M&A action destroyed significant wealth. The big gold miners have a “lousy recent his...

Stockhead CBY 2 years ago
Gold Digger: Gold is back on the menu amidst market chaos

There is a lot of uncertainty in the market due to tensions in China, rising interest rates and continuing economic recovery of the global COVID-19 pandemic, with investors fleeing for safe havens to park their cash in. Safe havens like gol...

Stockhead CBY 2 years ago
Resources Top 5: These three small cap winners confirm lithium fever is alive and well

RDT now up +140% since revealing lithium potential at ‘Mt Ida’ gold project yesterday Castillo has secured Aussie lithium projects in two sought after neighbourhoods Gold focussed WC8 announces option to earn up to 75% of the ‘Bullabulling...

Stockhead CBY 2 years ago
Gold Digger: Are ASX large cap gold stocks a screaming buy?

The valuations of major gold miners remain weak despite falling debt and record dividends, according to the latest Metals Focus Gold Peer Group Analysis. Australia’s largest gold miners Newcrest (ASX:NCM), Northern Star (ASX:NST), and Evolu...

Stockhead CBY 2 years ago
Gold Digger: Where do we go from here?

It’s been a frustrating few months for gold bulls. As an investment hedge, gold shines during periods of poor or volatile market sentiment. It loves drama like pandemics, civil wars, or the unprecedented failure of the Lehman Brothers in 20...

Stockhead CBY 2 years ago
Gold Digger: Is sentiment slowly returning to the gold space?

Gold continues to consolidate around $US1,800/oz which, if we went back in time to July 2020, would be cause for celebration. Back then $US1,800/oz was an eight-year high and bullish sentiment was nudging even the shittiest exploration stoc...

Stockhead CBY 2 years ago
Trading Places: Wilson Asset Management just snapped up nearly 10pc of laser clinic operator Silk Laser

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 CBY 2 years ago
Gold Digger: Northern Star’s share price down 30pc for FY21, despite posting $1bn profit

Gold bugs would be breathing a sigh of relief this week as the price stabilises just shy of $US1,800/oz ($2,463/oz Aussie) thanks to Monday’s healthy 1.5% gain. While there are plenty of other red hot sectors attracting investor dollars rig...

Stockhead CBY 2 years ago
Gold about to hit next leg of bull market and stocks are cheap, expert says

The gold price itself had 12 months of consolidation. Now we are entering a new stage of a bull market which Barry Dawes of Martin Place Securities believes “will take it much, much higher”. In the big scheme of things, the pullback we have...

Stockhead CBY 2 years ago
Closing Bell: ASX retreats for the third day in a row

While today was a better day for the ASX than the past two days, the bourse still finished slightly in the red After dropping by nearly 1% yesterday, the ASX 200 traded slightly higher for most of the day but closed 7,502 points, which was...

Stockhead CBY 2 years ago
Resources Top 5: The copper and gold plays out to impress

Canterbury inks JV over ‘Briggs’ copper project with African Energy Resources Newly listed Torque hit thick, shallow and high grade gold Aguia (copper, fertiliser), Orion (shell) and Strickland (copper, gold) up on no news Here are the bi...

Stockhead CBY 2 years ago
Closing Bell: ASX 200 down two consecutive days as small caps get pummelled

The ASX 200 finished lower for the second consecutive day, falling lower by 0.94% today as COVID-19 cases continue to rise in Australia and across the globe. Health Minister Greg Hunt however said that more than 10 million Australians have...

Stockhead CBY 2 years ago
Gold Digger: Bulls vs Bears – which team are you on?

On Sunday, a chaotic ‘flash crash’ saw the gold price plummet into the $US1600s per ounce before staging a mild recovery. Experts mostly point to a better than expected jobs report out of the US for heavy selling that saw the traditional he...

Stockhead CBY 2 years ago
10 at 10: These ASX stocks are raising up attention 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 CBY 2 years ago
Gold Digger: Gold regains the crown if crypto crashes

As an uncorrelated asset – value not tied to larger fluctuations in the traditional markets — gold has had “its lunch cut a bit” by crypto, PCF Capital’s Liam Twigger says. “There is an article in the last Economist asking, ‘what happens if...

Stockhead CBY 2 years ago
Gold Digger: The top performing junior gold stocks for July

Strong consumer buying and modest institutional investment helped create gold demand of 955.1 tonnes over Q2 – a 9% rise from Q1 2021, and in line with the equivalent period last year. While both consumers and retail investors were purchasi...

Stockhead CBY 2 years ago
Gold Digger: It’s time to get fired up about the ‘Green and Gold’

It is no longer just lip service — to create max value for shareholders, miners know they need good Environmental, Social and Governance (ESG) credentials. Failing to maintain good relationships with stakeholders (like governments, local co...

Stockhead CBY 2 years ago
Gold Digger: Is gold the ‘ultimate contrarian investment’ right now?

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...

Stockhead CBY 2 years ago
Gold Digger: Feds inflation warning sends prices diving

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...

Stockhead CBY 2 years ago