Articles On Carawine Resources (ASX:CWX)

Central banks are buying gold at record levels with holdings now at 50-year highs: Sprott Gold tends to hold its value in times of crisis Central Bank buying ‘extremely’ bullish: Goehring & Rozencwajg They say investors with no perform...

Tesla already has profit margins far bigger than its competitors It plans to cut manufacturing costs for its next generation of vehicles by a further 50% “If Tesla can sell its new model for US$25,000, that will be revolutionary”: Wood Mac...

Gold defends psychologically important US$1800 level and is currently paying ~US$1840/oz Rox Resources up 66% on monster hit outside 3.2Moz Youanmi resource Miners Ramelius (+20%), Resolute (+14%) lead strong week for mining stocks Our Go...

Reporting season wrap: PLS announces maiden divvy on $1.24bn NPAT, AKE and MIN also enjoy skyrocketing lithium profits +US$1.5bn of copper and cobalt is being stockpiled in the DRC due to a dispute If it hits the market cobalt prices will...

Perseus Mining (ASX:PRU) continues to claim the title of ‘ASX’s Most Consistently Good Gold Producer’ Other ASX miners a mixed bag Gold is currently at a 2-month low of $US1835/oz Our Gold Digger column wraps all the news driving ASX stoc...

Highlights  Manganese is essential to the steel industry and a critical battery mineral, with strong growth forecast. Black Canyon is a manganese explorer seeking exposure to the growing battery market with its manganese-focused stra...

We are likely in the early stages of this battery metals super cycle: Sprott Asset Management Lithium supply ‘unlikely to keep up’; copper and nickel supply will also go into deficit Battery metals M&A also ramping up Our High Voltage...

South32 boss Graham Kerr says the US Inflation Reduction Act has improved the business case for developing its manganese rich Clark deposit in Arizona Kerr says manganese demand from batteries could make up 30% of the market in 2030 A numb...

AVZ’ problems compound with cancelation of mining licence decree for Manono lithium project Shareholders remain in limbo, with AVZ in suspension since May 2022 Aussie-based firm Recharge Industries has been named as the preferred bidder fo...

Gold rallies past US1,950/oz on Fedspeak, before falling back below US$1,920/oz on Friday “Bullion traders will need to see disinflation trends remain strong and for the labour market to soften for the bull case to remain in place”: OANDA’...

Tesla (NASDAQ:TSLA) has announced a 100GWh Gigafactory expansion in Nevada It could need up to 115,000t lithium, 15,000t cobalt, 14,000t manganese, 125,000t nickel and 170,000t graphite anode per year Standout Battery Metals Stocks of the...

The ASX 200 dropped 0.30% and the ASX XEC declined 0.20% Only 4 out of 11 sectors were higher, with Utilities leading the way Waste management company M8 Sustainable receives unsolicited takeover offer   The ASX 200 declined 0.30% today,...

Lithium producers are releasing some truly stunning numbers for the December quarter Analysts are upgrading their outlook for 2023; ASX producers are heading back towards all-time highs Battery Metals Weekly Winners: Conico, Patriot Batter...

Vanadium demand in batteries expected to grow ~10.6% a year between 2021 and 2050 New supply needed from 2029 as demand overtakes supply: WoodMac “The development of vanadium redox flow batteries for mega scale energy storage is developing...

Core Lithium ready to ship ore to China, with first shipment loaded Green Critical Minerals confirms 160km long rare earths trend in the NT Critical Resources to acquire Gullwing-Tot Lakes property in Canada   Our High Voltage column wrap...

Highlights: Black Canyon has earned 75% interest in the Carawine Joint Venture after the Company satisfied the commitment of AU $4 million expenditure. Black Canyon has made significant progress over the Joint Venture portfolio, specif...

Australian manganese explorer Black Canyon (ASX:BCA) has earnt a 75% interest in the Carawine Joint Venture (JV) tenements comprising some 793km-square located in the Eastern Pilbara of Western Australia. The company executed a binding head...

Metals Focus reckons early 2021 Reddit squeeze sparked almost two years of record retail silver demand US market achieved a new high last year of almost 4,000t of physical silver investment, “a performance which could be eclipsed this year...

Gold prices have historically outperformed during recessions ANZ research raises end of 2023 gold price target to $US1,900/oz Weekly small cap standouts: Peregrine Gold (ASX:PGD), Ora Gold (ASX:OAU) Our Gold Digger column wraps all the ne...

Morgan Stanley bears warn lower Chinese demand could hit lithium prices in 2023 New US plant to double Yank cathode production by 2027 as customer General Motors plots electric makeover Top ASX battery metals stocks this week: NiCo Resourc...

Central banks buying gold at the fastest pace on record Another gold bull signal for 2023 — the crypto collapse Global silver demand on course for record high in 2022 Our Gold Digger column wraps all the news driving ASX stocks with expos...

Carawine Resources (ASX:CWX) and Black Canyon are continuing to grow their emerging Flanagan Bore manganese project with a new resource estimate boosting the JV’s manganese inventory by 64%. A new estimate has come after a big infill and re...

Highlights: Black Canyon, focused on its Flanagan Bore Manganese Project, has tasted multiple successes in recent exploration works. In the latest update, the Mineral Resource Estimate (MRE) at Flanagan Bore soared by 64% to stand at...

Highlights Black Canyon (ASX:BCA) has submitted a Mining Lease application for the Flanagan Bore project that covers the FB3 and LR1 manganese deposits. The application incorporates proposed process infrastructure, laydowns, accommodat...

Gold could have steady path towards $US1,800 level if dollar weakness remains: OANDA ASX gold miners surging this week, led by Evolution Mining +30%, Capricorn Metals +27%, and Regis Resources +27% Weekly small cap standouts: Focus Mineral...

Energy transition metal ETFs a way for retail investors to get exposure to a variety of future-facing metals and stocks Examples on the ASX include CLNE, GMTL, XMET This week’s top battery metals stocks: Trek Metals, Winsome Resources Our...

Just five miners/ near-term gold miners are in the green over the past 12 months They include Tietto Minerals, Ora Banda Mining, Emerald Resources, Capricorn Metals and Perseus Mining Top precious metals stocks this week: Hamelin Gold, Zul...

Highlights Black Canyon (ASX:BCA) has discovered thick, continuous higher-grade zones of manganese-enriched shale in the latest drilling results The assay results are from drilling along 2,000m of strike between the FB3 and LR1 deposit...

Since reaching its peak in the summer of 2020, silver has fallen ~35% Smart money is going net long on silver, speculators almost net short; a good sign for silver outlook say Goehring & Rozencwajg This week’s top ASX precious metals s...

The Flanagan Bore project in WA’s Pilbara region is proving to have outstanding continuity with drilling intersecting thick, high-grade zones of manganese between two deposits. Notable assays from drilling along the 2,000m of strike between...

USD gold price continues to fall, currently $US1,621/oz Mixed bag of results for gold producers in Q1: Perseus, Northern Star outperformers so far Weekly small cap standouts: Strickland metals, Medallion Metals. GBM Resources Our Gold Dig...

Carawine Resources has released the first Mineral Resource estimate for the Hercules gold deposit at its Tropicana North Gold Project in WA of 463,000t at 4.8 g/t Au (Indicated and Inferred), containing 71,000oz Au. Carawine Resources (ASX:...

Pilbara Minerals sells 5,000t of lower grade (5.5%) spodumene for a record $US35.5m via Battery Material Exchange “We could see a bit of an M&A frenzy with producers like Pilbara, Allkem and IGO looking to secure strategic assets of sc...

Carawine Resources has identified new copper-gold-lead-zinc prospects from historic exploration data at its Paterson and Oakover Projects in the East Pilbara Region. The new prospects at the Cable tenement in the Paterson Project include:...

Retail investment in gold, silver has either hit new peaks or held up at multi-year highs, says Metals Focus 1 ounce gold Maple Leaf in the US commands a 40% premium at the retail level, for example This week’s top movers: Sihayo, Dacian,...

Highlights Black Canyon (ASX:BCA) has achieved up to 91% manganese leach extraction in early-stage leaching test work for the Flanagan Bore Project. The Company looks to apply the learnings from these tests to ongoing detailed leaching...

Highlights Black Canyon (ASX:BCA) witnessed significant exploration success at its Flanagan Bore manganese project during FY22. Drilling programs delivered thick, high-grade mineralisation at the project. The period saw a major boost...

China will extend its dominance in cathode production, increasing market share from 78% in 2022 to 87% in 2030: Benchmark And yet this will mostly be from Tier 3 producers, which currently do not supply EV market Tier 1 production — those...

PGM demand will remain strong until about 2025, when it will start to fall off a cliff: Metals Focus Why 2025? Because that’s when electrification of transport really kicks up a gear However, Bridge Street Capital analyst Chris Baker belie...

Highlights Latest assay results have delivered thick intervals of manganese enriched shale at the FB3 deposit, Flanagan Bore. Manganese enriched shale has now been delineated from surface, stretching over 1000m x 1200m at the deposit....

Drilling at the Flanagan Bore project in WA’s Pilbara continues to deliver substantial zones of manganese, with large hits of manganese enriched shale pointing the path to grow the emerging deposit of the industrial and battery metal. In ca...

Investor sentiment for rare earths stocks is flying There is about 750g of magnet rare earths on every EV motor, about 2 tonnes in offshore wind turbines  EVs, wind turbines are exponential growth sectors Our High Voltage column wraps all...

Fitch has downgraded its gold outlook but expects prices to remain “elevated in the coming years compared to pre-Covid levels” Contrarian argument: “It is also a sector full of M&A possibilities as gold equities haven’t been this ‘chea...

Highlights Recent RC drilling program over the LR1 deposit at Black Canyon’s Flanagan Bore Project has intersected thick zones of manganese-enriched shale. The results suggest strong potential to expand the LR1 Mineral Resource and inc...

Situated in Western Australia’s Fraser Range region, the Big Bang tenement is in a district quickly getting a name for itself as one with established potential for magmatic nickel copper sulphide mineralisation. The highly prospective Cent...

ASX lithium miners are raking it in, a trend set to continue for a while yet CATL’s new batteries travel an impressive +1,000km between each charge Last week’s top ASX performers: Anson, White Cliff, Dart Mining  Our High Voltage column w...

Ford slashes 3,000 jobs as shift to EVs gathers pace At least 2 significant producers in Sichuan have suspended lithium production, while another has halved output due to the heatwave-driven powercrunch: Fastmarkets Last week’s top ASX per...

TSX listed Korara Resources finds another massive nugget stash at the Beta Hunt mine near Kalgoorlie The new discovery just below the super-rich, 30,000oz Fathers Day Vein China imported more than 80 tons (or 2.56Moz) of gold worth $US4.4b...

Emerging semi-solid battery technology uses a lot more lithium; battery metal shortfall may hamper rollout Are weakening cobalt prices about to get a boost? ASX lithium stocks bouncing back as more evidence emerges of long term supply shor...

EVN’s Jake Klein predicts US$2-US$3,000/oz gold price for this time next year Is a wave of merger and acquisition activity coming in the ASX gold space? Bounce back in vehicle production to boost PGM demand Gold price hits a four-week high...