Articles On Comet Resources (ASX:CRL)

Shares in International Graphite surged more than 27 per cent after it agreed to loan major shareholder Comet Resources $1.5 million to resolve speculation on the security of its stock owned by the latter.

International Graphite (ASX: IG6) has moved to protect its growing battery metal supply position by reaching an agreement with its major shareholder Comet Resources. The deal is aimed at preventing the immediate sale of any of the 40 millio...

  ASX200 dragged down by bad drugs The IT Sector is up 1.1pc, Healthcare is down about 3.2pc Small cap winners led by American Rare Earths and Appen   The benchmark was shot through the heart by CSL this morning leaving everything else in...

Comet Resources (ASX:CRL) has received a letter from the Australian Securities Exchange (ASX) detailing the conditions to be met for reinstatement of its shares to trading. In addition to preparation and lodgement of certain disclosures...

Graphite developer International Graphite (ASX:IG6) is chipping in to support a $1.5 million secured convertible loan for Comet Resources (ASX:CRL). The loan is part of Comet’s plan to get its shares reinstated for trading on the Australian...

International Graphite (ASX:IG6) has signed a funding agreement with the Commonwealth of Australia for a grant of $4.7 million under the national Critical Minerals Development Program. Speaking to Mining.com.au, International Graphite Chief...

Comet Resources is gearing up to raise $27m to acquire the Mt Margaret Copper Project from Glencore – with plans to restart production at the historic mine. The company is focused on a low capex path back into production within 24 months, w...

Comet Resources (CRL) now has until the end of March for conditions to be met for the proposed 100 per cent acquisition of Mount Margaret Copper Project near Cloncurry in Queensland, from a subsidiary of Glencore Conditions were meant to...

Comet Resources is poised to acquire the historic Mt Margaret Copper Project from Glencore – and has its sights set on a low capex path back into production within 24 months.  Mt Margaret is just 7km from key infrastructure at the Ernest He...

Further to its ASX announcement in April, Comet Resources has executed an amended binding agreement to purchase the Mt Margaret copper project and associated regional tenements near Cloncurry, Queensland, from Mount Isa Mines, a wholly-owne...

International Graphite’s (ASX:IG6) focus is an integrated mine and downstream graphite business in WA, with the ultimate goal to produce battery anode material for battery makers. IG6 has today taken a big stride toward that goal with the i...

International Graphite (IG6) begins drilling at its Springdale tenements on the south coast of Western Australia The aim of this drilling is to explore new graphite targets as well as expand and upgrade the existing inferred resource to th...

The ASX200 makes it four gains in a row The small cap index remains uninspired despite some strong individual performances HRL and 4DX deliver huge returns on Tuesday   The benchmark XJO is up by 0.6%. The little XEC index is not. The ASX...

International Graphite is ramping up drilling at its Springdale project in WA off the back of escalating global graphite demand.  A 7,100m RC and PQ/HQ diamond drilling program has been commissioned to prove up additional mineral resources...

International Graphite made a remarkable entrance to the ASX Thursday following the completion of a $10 million IPO and the acquisition of the Springdale graphite project in WA from Comet Resources.

The ASX welcomed a new battery minerals face on Thursday, with shares in International Graphite Limited (ASX: IG6) floating on the market this afternoon. After offering shares in the company for 20 cents apiece under its initial public off...

International Graphite’s main game is an integrated mine and downstream graphite business in WA, with the ultimate goal to produce battery anode material for battery makers. Unprecedented growth in electric vehicle production will drive a h...

The ASX has recovered following yesterday’s strong blow, closing up 1.29% with all 11 sectors finishing in the green on lower than normal trading volumes. Today’s biggest sector win was energy, up a nice 2.20% with the financial market foll...

Comet Resources has managed to produce industry standard “spherical graphite” in tests designed to determine if its Springdale Graphite Project in WA can supply graphite for lithium battery anodes.

Comet Resources has received the final results from test-work undertaken in Germany, resulting in a 50% increase to yield outcomes from previous tests. The company will now look to finalise its agreement with Graphite International before m...

Comet Resources says recent testing of its natural flake graphite from its Springdale deposit south of WA has element values that exceed those typically required for the production of battery anode material.

The company has now provided definitive data demonstrating the viability of its Springdale natural flake graphite for use in lithium-ion battery anodes, achieving high purity and low imperfection levels through a new acid-based purification...

Local stocks posted a solid session on Wednesday ahead of this week’s main event on global markets later tonight — the US Fed’s latest policy decision. After plenty of forward guidance, the Fed is expected to formally announce the taper of...

Comet Resources has delivered a suite of high-grade gold hits, some of which included “bonanza” grades courtesy of a 2,250 metre drilling program at its Santa Teresa Gold project in Mexico.

Comet Resources (CRL) receives “excellent” assay results from a diamond drilling program at the Santa Teresa gold project in Mexico The results confirm the continuity of mineralisation to the southeast and confirmed previously identified m...

Assays from the drilling program completed at the Santa Teresa Gold Project in Q3 2021 have delivered multiple high-grade intersections, including bonanza grades.

Comet Resources is set to become a key player in the lucrative downstream processing of lithium-ion battery anode material for supply to global markets after vending-out its Springdale graphite project in WA.

Comet will gain participation in a high-technology, vertically integrated industrial and battery anode graphite product company, International Graphite via the vend-in of its Springdale Graphite Project.

Comet Resources (CRL) and International Graphite have agreed to form a vertically integrated graphite business in WA Comet will gain a 25 per cent stake in the company by offering up its Springdale graphite project to act as a feedstock so...

Mineral exploration company, Comet Resources has commenced reporting environmental, social and governance metrics under a universal framework developed by international non-government organisation, the World Economic Forum. A series of sust...

“With the global push towards implementation of ESG best practices, our adoption of the WEF ESG framework will ensure that the mineral exploration activities we undertake are done in a manner that addresses the needs and concerns of all sta...

MoneyTalks is Stockhead’s regular recap of the ASX stocks, sectors and trends that fund managers and analysts are looking at right now. Today, we hear from Simon Popple of UK-based Brookville Capital.   Graphite is one of the most versatile...

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...

Deal struck for heavyweight lithium producer Ganfeng to run pipeline through Pepinnini’s copper gold project Gladiator beefs up gold-uranium-rare earths portfolio in Tanzania Aruma (gold, lithium), Comet (graphite), Revolver (copper) up on...

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...

Specialist test work on natural flake graphite sourced from Comet Resources’ 100 per cent owned Springdale project in the south of Western Australia has demonstrated its suitability to produce a precursor material for use in the manufacture...

Graphite material from Comet’s Western Australian Springdale Project has performed “exceptionally” in battery anode material benchmark tests.

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...

The ASX 200 has tracked lower in Friday trade, rounding out a choppy week where local stocks struggled for direction. The index was dragged lower by another brutal session for the big miners as iron ore prices tanked again, led by a 15% dro...

Once again the energy sector determined the direction of the market but unlike yesterday where it gained, today it finished in the red. The ASX 200 retreated 0.27% to close at 7,417 points, although the ASX Emerging Companies Index rose 1.3...

Australian junior explorer, ASX listed Comet Resources has confirmed its recent re-assaying of diamond core from a 2008 drilling program at their Santa Teresa project in Mexico has proven intersections of high-grade gold, including ‘bonanza...

By winding back the clock to 2008, Comet has further explored the potential within its Santa Teresa Gold Project and generated additional data to inform future drill campaigns.

Comet Resources expects to have results of testwork to assess the suitability of concentrate from its Springdale graphite project in Western Australia to be used in battery anode manufacturing in the current quarter. The testing follows pre...

A bulk test-work program is being conducted to determine the suitability of natural flake graphite from the high-grade zone at Springdale Project for use in battery anodes for electric vehicles.

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers during the trading day. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intrad...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers during the trading day. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intrad...