Articles On Diatreme Resources (ASX:DRX)

It’s been a fairly glum November after what was a pretty decent October underpinned by geopolitical macro, but ever since we learned that Australian CPI (inflation) is set to stay higher than expected – meaning no more rate cuts, especially...

Mining companies are forming alliances as they seek exposure across value chains, with new trade architectures requiring a reassessment of growth opportunities in a changing geopolitical landscape. As the energy transition gains pace and...

Mergers and acquisition (M&A) activity heated up on the Australian Securities Exchange (ASX) over the past week ending on 29 August, as mining companies accelerated efforts to acquire and offload assets, as well as forge new partnership...

Highlights Diatreme Resources secures Major Project Status for Northern Silica development Bonaparte CCS becomes first offshore carbon storage project with official recognition Cobalt Blue’s Broken Hill Project maintains Maj...

Te Australian Government is granting ‘Major Project Status’ to two ‘nationally significant’ large-scale developments.  Major Project Status recognises the strategic and economic significance of a project to a Future Made in Australia and...

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...

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...

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...

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...

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...

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...

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...

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...

  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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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%...

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...

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,...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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.

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...

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’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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...