Articles On Diatreme Resources (ASX:DRX)

Title Source Codes Date
Diatreme Resources signs non-binding silica sand offtake agreement with Mitsui

Diatreme Resources (ASX: DRX) has finalised a non-binding agreement with Japanese trading and investment company Mitsui to evaluate the potential offtake of products from its North Queensland silica sand projects. The agreement will enable...

SmallCaps DRX 1 week ago
Diatreme inks MOU with Mitsui for potential silica supply on back of ‘solar boom’

Diatreme (ASX:DRX) has confirmed its execution of a non-binding MOU with Mitsui towards possible silica supply for solar manufacturing. The Japanese multinational trading house is interested in Diatreme’s QLD silica sands projects, given...

themarketonline.com.au DRX 1 week ago
Diatreme adds richlister Brian Flannery to board 

Diatreme Resources (ASX:DRX) has named billionaire Brian Flannery as a non-executive Director not long after completing its takeover of Metallica Minerals. Flannery, who had an estimated net worth of $1.2 billion in 2023, has spent more...

Mining.com.au DRX 2 months ago
Diatreme seeks to confirm previous results of ‘shovel-ready’ Cyclone Project

Diatreme Resources (ASX:DRX) is set to begin an aircore drilling program at its Cyclone Zircon Project in Western Australia as it seeks to update its metallurgical testwork and confirm previous drilling results. Discovered in 2007, the...

Mining.com.au DRX 2 months ago
World Photography Day: Capturing news through a different lens

With the sheer volume of images produced daily, coupled with technology simplifying the process of taking and editing photographs, news photographers are becoming harder to come by in the digital-driven world we live in today.  Over the...

Mining.com.au DRX 4 months ago
Who made the gains in July? Here are the top ASX resources winners

The top 3 commodities for July include gold, lithium and copper Infini Resources tops the charts for the biggest monthly stock gain Labyrinth Resources soars on gold acquisition   Markets were as good as gold in July with the metal taki...

Stockhead DRX 4 months ago
ASX Market Close: Market flat as Real Estate sector weighs | 24 July 2024

The ASX200 closed flat today, down less than 0.1% to 7,963.70 points. The only sector to make any real gains was Materials, which was up 0.4%, Real Estate stocks weighed on the market, down 1.5% and Energy shed 0.8%. In this bullet...

themarketonline.com.au DRX 4 months ago
Acquisitions roundup: European Lithium, Diatreme Resources and SRJ Technologies

It’s been a busy day on the Australian stock exchange for acquisitions and related developments, with various companies from the technology to mining sector reporting on their progression through these processes. In the ever-dominant min...

themarketonline.com.au DRX 4 months ago
Closing Bell: Benchmark trims gains ahead of US inflation tonight and month end portfolio positioning

  ASX 200 hit by afternoon profit taking, closing at +0.1pc for the day. 9 of 11 ASX sectors were higher, so… two of them weren’t. Small cap gains led by East33, and the world is their oyster.   Local markets trimmed most of the early mor...

Stockhead DRX 5 months ago
Resources Top 5: Delta Lithium as good as… gold, boosts resource at Mt Ida by 82pc

Delta Lithium upgrades Mt Ida gold resource to 6.6Mt at 3.5 g/t gold ENR still surging after hitting high-grade niobium earlier this week DRX, HVY, and A1G up on no news Here are the biggest small cap resources winners in morning trade, F...

Stockhead DRX 5 months ago
Top 10 at 11: Takeover talks and a mega gold upgrade are driving the market today

Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, which is meant to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live data, to provide a short, sharp update to help frame the...

Stockhead DRX 5 months ago
Diatreme’s tilt for Metallica stagnates

It was back in mid-February that Diatreme Resources (ASX:DRX) launched its takeover bid for silica sands rival Metallica Minerals (ASX:MLM). More than four months later, the whole thing seems to be making little progress. According to th...

Mining.com.au DRX 6 months ago
Closing Bell: Tech, Energy weigh down ASX; Schrole up almost 200pc on acquisition deal

Aussie stocks start the week flat; energy and tech sectors lead declines Investor caution prevails ahead of RBA rates decision Chinese Premier Li Qiang meets PM in Canberra today   Aussie stocks had a lacklustre start to the week on Monda...

Stockhead DRX 6 months ago
Resources Top 5: Goldie Emmerson is building in the NT; Lithium Plus also in positive territory

Emmerson Resources’ JV partner has begun construction of its gold facility at the Nobles project near Tennant Creek Lithium Plus is also NT focused and is making steps towards production from its significant Lei deposit  South Harz Potash...

Stockhead DRX 6 months ago
Market Highlights: European markets hit hard, Tabcorp’s new CEO, and 5 small caps to watch today

ASX 200 futures down by -0.2pc on Monday morning European markets hit by far-right party wins, CAC 40 down -2.7pc RBA to announce its rates decision on Tuesday   The ASX 200 is poised to track Wall Street lower when the market opens on Mo...

Stockhead DRX 6 months ago
Diatreme urges Metallica shareholders to accept now-unconditional takeover bid

Metallica Minerals (ASX:MLM) has not received a proposal superior to Diatreme Resources’ (ASX:DRX) off-market takeover bid, which is urging Metallica shareholders to accept the now-unconditional offer. As a result of the standstill condi...

Mining.com.au DRX 6 months ago
Minority Metallica shareholders claim small win with blocking stake reached  

A group of minority shareholders in takeover target Metallica Minerals (ASX:MLM) has reached a blocking stake of 11.35%. That represents about 22.8% of the small shareholders in Metallica.  The Metallica Minerals’ Small Shareholders A...

Mining.com.au DRX 6 months ago
Metallica to waive standstill condition as bidder Diatreme grows impatient

Metallica Minerals (ASX:MLM) has committed to waive the standstill condition related to a takeover bid from Diatreme Resources (ASX:DRX) by 17 June, unless a superior proposal is put forward before then.  On 30 October 2023, Metallica an...

Mining.com.au DRX 6 months ago
Daily ASX Market Open: Commodity prices to weigh | June 4, 2024

The pricing of key commodities will matter this morning – as both iron ore and oil futures dropped on overseas markets overnight and that’s set to weigh on the ASX200. Futures suggests the index will tip just slightly into the red (0.13%...

themarketonline.com.au DRX 6 months ago
Diatreme extends takeover period as Metallica small shareholders gain 10% stake

Diatreme Resources (ASX:DRX) has extended its proposed off-market takeover of Metallica Minerals (ASX:MLM) to 14 June 2024, unless further extended or withdrawn.  In February, Diatreme announced its intention to make an all-scrip takeove...

Mining.com.au DRX 6 months ago
Diatreme inks deal with traditional owners to advance Northern Silica Project

Diatreme Resources (ASX:DRX) has signed a cultural heritage management agreement with Walmbaar Aboriginal Corporation (WAC), which represents the Dingaal Clan, for the Northern Silica Project in northern Queensland.  Under the agreement,...

Mining.com.au DRX 6 months ago
Diatreme strengthens relationship with Traditional Owners

Image: ArliftAtoz2205/shutterstock.comEmerging silica sands developer Diatreme Resources has signed a cultural heritage management agreement with Walmbaar Aboriginal Corporation RNTBC (WAC) representing the Dingaal Clan. The purpose of the...

Australian Mining DRX 6 months ago
Small Metallica shareholders rally for fairer takeover offer  

A group of Metallica Minerals (ASX:MLM) shareholders have banded together to either stop Diatreme Resources’ (ASX:DRX) takeover from going ahead or secure a better offer for smaller investors.   So far shareholders collectively holding 6...

Mining.com.au DRX 6 months ago
Metallica urges shareholders ‘take no action’ as Diatreme gains minimum acceptance

Metallica Minerals (ASX:MLM) continues to recommend its shareholders take no action after Diatreme Resources (ASX:DRX) achieved the minimum acceptance condition of its takeover bid.  The board plans to release a supplementary target’s st...

Mining.com.au DRX 7 months ago
Diatreme achieves minimum acceptance for Metallica takeover

Diatreme Resources (ASX:DXR) has increased its stake in Metallica Minerals (ASX:MLM) to 56.01%, thereby satisfying a key condition in its off-market bid to acquire the silica sands-focused junior. An announcement to the ASX this morning...

Mining.com.au DRX 7 months ago
Diatreme extends takeover offer period for Metallica

Diatreme Resources (ASX:DRX) has extended the offer period for its off-market takeover bid for Metallica Minerals (ASX:MLM) to 3 June 2024.  Following acceptance from two of Metallica’s largest shareholders and other shareholders, Diatre...

Mining.com.au DRX 7 months ago
Metallica stands by Diatreme takeover rejection, seeks to clarify ‘inaccuracies’

Metallica Minerals (ASX:MLM) says it stands by its recommendation that shareholders reject a takeover bid put forward by Diatreme Resources (ASX:DRX), which claims to have identified several “inaccuracies” in Metallica’s recent target state...

Mining.com.au DRX 7 months ago
Negotiation with Aboriginal Corporation in Queensland set to guide Diatreme’s silica project

Emerging mineral and silica sands producer Diatreme Resources Ltd (ASX:DRX) has entered into a negotiation protocol with an Aboriginal corporation representing the Dingaal Clan of far north Queensland, which it hopes will provide a framewor...

themarketonline.com.au DRX 7 months ago
Market Highlights: Wall Street rallies, an update from FTX, and 5 ASX small caps to watch today

ASX to open higher, tracking Wall Street’s moves overnight US SEC to inspect Boeing’s investor releases to see if there was deception And… a nice surprise for FTX customers   Aussie shares are poised to open higher on Friday, in line w...

Stockhead DRX 7 months ago
Market Open: ASX200 braces for flat start

It’s looking to be another flat day for the ASX200, with no lead-in from the US where markets were closed for President’s Day. The European EURO STOXX 50 index ended a three-day rally, it’s sitting near record highs, having gained 18.6 p...

themarketonline.com.au DRX 10 months ago
Diatreme makes bid for Metallica

Emerging silica developer and explorer Diatreme Resources has made a takeover bid for all ordinary shares in Metallica Minerals. The offer will see Metallica shareholders receiving 1.3319 fullyRead MoreAustralian Mining.

Australian Mining DRX 10 months ago
Diatreme and Sibelco complete Northern Silica Project investment ahead of schedule

Emerging silica sands developer and explorer Diatreme Resources (ASX:DRX), with joint venture partner SCR-Sibelco, has completed ahead of schedule its second tranche investment of $24 million into JV company, Cape Silica Holdings. The in...

Mining.com.au DRX 1 year ago
In Case You Missed It: Abundant spodumene crystals and solid Q3 gold production

Stockhead’s In-Case-You-Missed-It highlights today’s most interesting small cap stories that might have slipped beneath your radar. Below is a wrap of the top 20 performing stocks, by percentage, who made announcements today. ICYMI Leader...

Stockhead DRX 1 year ago
Top 10 at 11: Clothing retailer Mosaic Brands up 26pc on $33.5m turnaround in FY23

Stockhead’s Top 10 at 10, published when it’s good and ready each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the b...

Stockhead DRX 1 year ago
Closing Bell: ASX rises despite tech meltdown; Domino’s fires everyone, stock jumps

ASX 200 benchmark climbs 0.5% Tech Sector plunges 5.5% while Consumer stocks and iron ore majors save day  Small cap gains led by huge day at 4DS   The Australian share market extracted some green from a dull Wednesday wicket after the Wa...

Stockhead DRX 1 year ago
CLOSING BELL: ASX sags to a 0.56pc drop, the precise opposite of this morning’s early gains

ASX dips 0.56% despite a solid kickstart first thing this morning InfoTech outperforms the market again, leading on +0.21% for the day Heavy Minerals banks a 90% bump on some big time garnet news   For 10 fantastic minutes this morning, l...

Stockhead DRX 1 year ago
CLOSING BELL: Health stocks pronounced DOA, but nickel steps up to save the day

ASX lifts its game 0.32%, buoyed by positive vibes from the goons on Wall Street overnight. Local Health Care stocks found bleeding heavily and rushed to hospital. Golden Mile Resources finds a nickel or two – and around 150% worth of gain...

Stockhead DRX 1 year ago
Could 2023 finally be the year for ASX sand stocks?

Sand used for construction or other more specialised uses remains in short supply due to overexploitation and a lack of new supply coming on the market. This is particularly true since the sand required for construction purposes requires an...

Stockhead DRX 1 year ago
Closing Bell: A weak end to the week, but the weekend’s here, so let’s go.

ASX closes out the day lower by about 0.74% Online matchmakers Love Group goes on a bodice-busting 39% jag Woman tries to stop eviction with a swarm of bees. No, really…   Aussie markets are set to meander to a close around 0.74% down for...

Stockhead DRX 2 years ago
Closing Bell: It’s trickle down economics… just not the kind you’re thinking of

Wall Street slump leads the ASX into an early morning drop. Thanks, Obama Benchmark strides deeper into the red, graceful as a moose on rollerskates New Age Exploration has a mystical moment at the peak of Mount Profit Well, it’s safe to...

Stockhead DRX 2 years ago
Who made the gains? Here are the top ASX miners and explorers for June

June was a dreadful month for resources stocks. The S&P/ASX 200 Materials index (XMJ) went into freefall, shedding a substantial 14%. The XMJ is currently looking at a year-to-date loss of ~10%. Part of the fall can be attributed to an...

Stockhead DRX 2 years ago
European investment in Diatreme

Silica sands developer and explorer Diatreme Resources has announced a strategic partnership with a subsidiary of globally-based, European-headquartered material solutions company SCR-Sibelco N.V. to progress the development of the emerging...

Australian Mining DRX 2 years ago
Diatreme Resources (ASX:DRX) partners with Sibelco, raises $52m for silica projects

Diatreme Resources (DRX) forms a strategic partnership with a subsidiary of SCR-Sibelco to develop its silica sands projects in Far North Queensland The partnership will raise up to $52 million via a placement of new shares and a two-tranc...

themarketherald.com.au DRX 2 years ago
Leo Lithium (ASX:LLL): Steep slide for early investors

Leo Lithium’s (LLL) IPO investors were dealt a bitter pill yesterday, as trade opened on the ASX at 51 cents and fell as much as 31 per cent. The company had raised $100 million through its 70-cent IPO. The company listed to develop a...

themarketherald.com.au DRX 2 years ago
Closing Bell: ASX small caps miss the boat on benchmark’s broad based gain

Tech, REIT’s rise as commodities energy stocks slide ASX 200 up about 0.3%, XEC dives 1.7% New lithium names in focus as Leo struggles on debut   The benchmark ASX 200 has caught the scent of a weekend, trading about 0.3% higher on decent...

Stockhead DRX 2 years ago
Diatreme Resources (ASX:DRX) enters a trading halt amid capital raise

Diatreme Resources (DRX) enters a trading halt as it plans a capital raise Currently, it is not known how much the company is aiming to raise or what for, however, Diatreme has indicated a corporate transaction is also about to be announce...

themarketherald.com.au DRX 2 years ago
The Candlestick: Investing with the bulls starts now

Carl Capolingua is one of Australia’s leading technical analysts and master prognosticator at ThinkMarkets, where he is admired for his unique style of price action-based trend tracking. Capo has been honing his art over some 30 years of in...

Stockhead DRX 2 years ago
Closing Bell: Saturday can’t come soon enough as Small Caps fight on muscle memory alone

ASX ends the week sore-arsed and red-faced Some shining glimmers of hope rise among wildly swinging small caps GUD has a ‘Guh’ moment as profit downgrade sends investors scurrying   The ASX has spent this week being led by the nose into s...

Stockhead DRX 2 years ago
Closing Bell: Welcome to the palladium and uranium show

Benchmark lifts on uranium, energy gains Small caps on energy and materials Newcomer Southern Palladium nails debut. Nails. It.   The benchmark is higher and the small cap index is a bit higher, but the real action on a lazy winter Wednes...

Stockhead DRX 2 years ago
Closing Bell: 12 years a slave to cheap cash

Benchmark down 1.6%, small caps 2% Shares dive on surprise size of rate hike  Dateline Resources lifts on 100m intercept   In some miserable pre-rate day trade the small caps index and the ASX200 were down 1.5% and 1% respectively as trad...

Stockhead DRX 2 years ago