Articles On Galileo Mining (ASX:GAL)

Highlights In Friday’s session, iron ore futures were trading 0.5% up at US$130.75 per tonne, as of 5:30 PM AEST. Most of the iron ore stocks closed higher on the ASX today. The ASX 200 Materials index surged 1.55% to close the sessio...

XEC down 2.7% XJO down 1.8% Dateline Resources (ASX: DTR) hits the trifecta    Markets across Asia are mostly heading downtown following Wall Street’s latest sell-off.  Tech names are in the biggest mess thanks to the latest inspired chao...

The Galileo Mining Ltd (ASX: GAL) share price fell heavily in early morning trade, reaching an intraday low of 52 cents — down 18.75% on yesterday’s close — shortly after the open. The ASX mining share has since recovered and is now up 2....

Galileo Mining has reported significant palladium-platinum-copper-nickel-sulphide strikes at the company’s fully-owned Norseman project in Western Australia. The company is exploring for large scale magmatic nickel-copper deposits in the Fr...

XEC rises like a stubborn mule, up 0.5% XJO wobbles, equivocates somehow ends 0.2% higher Galileo Mining (ASX:GAL) gains circa 200%   Choppy trade – oh yes – but with Galileo Mining (ASX:GAL) coming out swinging on Wednesday morning, tha...

Aussie stocks eked out their first gain in four sessions as a recovery in iron ore prices helped the heavyweight miners join defensive assets in positive territory. The S&P/ASX 200 swung from a 59-point opening loss to a gain of 13.5...

Shares in Galileo Mining have soared on the ASX on Wednesday, after the company announced a major palladium-platinum discovery at its Norseman project in WA’s Eastern Goldfields. 

The Galileo Mining Ltd (ASX: GAL) share price is soaring today on the back of a major discovery. The company’s shares are currently trading at 50 cents apiece, a 150% gain. In comparison, the S&P/ASX 200 Materials Index (ASX: XMJ) is...

Mark Creasy-backed Galileo Mining explodes higher after announcing major palladium-platinum discovery Drilling now underway at Cooper Metals’ ‘Mt Isa’ copper-gold project, just 10km from Carnaby’s IOCG discovery ChemX achieves near-battery...

Highlights The ASX Small Ordinaries index fell 0.62% to 2,989.2 by 12:30 PM AEST. GAL shares rallied over 100% in today’s session after a major discovery of multiple metals at its Norseman project. Investors should maintain caution wh...

The share market fell for a fourth day as declines in banking and tech stocks outweighed gains in defensive pockets of the market. The S&P/ASX 200 pared an early fall of 59 points to 10.5 points or 0.15 per cent by mid-session. On...

Shares in Galileo Mining (GAL) opened more than 220 per cent higher after the company revealed it had made a major palladium-platinum discovery at its Norseman project in WA Galileo drilled six holes at the Callisto discovery to target a m...

Stockhead’s Top 10 at 10, published at 10.30am 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 biggest movers...

To find 10-bagger stocks investors often go “where the industry is less comfortable”: Rick Rule But risks abound. Lithium favourite AVZ is the latest ASX stock to potentially come unstuck in a Third World jurisdiction Global energy transit...

XEC falls hard on Monday XOJ closes 1.2% lower Seafarms Group (ASX:SFG) recovers Friday losses   Australian markets fell and fell hard on Monday. The benchmark ASX200 is nudging two month lows, while the Greenback’s near 20-year high has...

Galileo Mining (GAL) hits nickel and copper sulphides in all holes drilled at the Mine Lease prospect within the Norseman project in WA The reverse circulation drilling was a follow up to a previous shallow sulphide intercept of 27 metres...

The energetic Aussie gold and base metals explorer has started a Moving-loop electromagnetic (MLEM) survey program exploring for magmatic nickel-copper sulphide deposits at its Big Bang tenement, in the riches of WA’s Fraser Range.   The su...

Statevolt plans battery metals plant in US, signs lithium supply deal with Controlled Thermal Resources WA’s Curtin University gets $50m Trailblazer funding for resources technology and critical minerals hub Weekly ASX battery metal st...

Galileo Mining (GAL) kicks off a reverse circulation drilling program at its Norseman project in Western Australia The 1600-metre program will test palladium-nickel targets generated from previous sulphide intersections at the Mt Thirsty a...

Are high fuel prices accelerating the EV transition? Macquarie says ‘valuation upside remains for all covered ASX lithium and rare earths stocks’ Biggest ASX movers this week: Krakatoa Resources, Ragnar Metals, GME Resources, Jindalee Reso...

Early-stage metals exploration company Galileo Mining (ASX: GAL) has just found two strong EM conductors directly beneath recent successful air core drilling. It's now getting ready to RC drill them to see if it can make a discovery.

Canada is slated to invest $2b in nickel, lithium, cobalt, and magnesium Prime Minister Justin Trudeau’s government is due to release its budget on Thursday Weekly ASX battery metal standouts include Golden Deeps, Latin Resources and R...

Base metals explorer Galileo Mining (GAL) unveils its highest palladium and platinum results to date from drilling at its Norseman project near Esperance in WA The company says the results extend the palladium and paltnium mineralisation i...

ASX to open 0.6% lower Commodities bounce back as EU and US to discuss embargo on Russian energy Aussie dollar jumps to US75c ASX to dip, ban on Russian energy imminent Local shares are set to dip this morning after major stock indices on...

Anecdotal evidence suggests EVs more popular as fuel prices soar Weekly ASX battery metal standouts include St George, Riversgold, Ragusa and Moho  Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, co...

Nickel prices had already been rising steadily this year, hitting 11-year highs last month on low stockpiles and demand from the growing EV battery market. Nickel stocks held through the LME are at just 75,012t, the lowest level since 2019....

Nickel makes up less than 1% of Australia’s dominant mining export earnings, and at a global market size of ~2.5Mt is more a curiosity to the average punter than a household name. But it has taken centre stage in recent days, becoming the m...

London Metals Exchange stops nickel trading after price hits $US100,000/t Weekly ASX battery metal standouts include Metals Australia, Cobalt Blue and Impact Minerals  Our High Voltage column wraps all the news driving ASX stocks with exp...

Galileo Mining (GAL) encounters anomalous palladium results from aircore drilling at the Mission Sill prospect within the Norseman project in WA Results along the ultramafic/mafic contact zone at Mission Sill include 18 metres at 0.29g/t p...

Follow-up RC drilling is being planned beneath these palladium intercepts and aircore drilling is also planned along the 4 kilometres of untested Mission Sill target zone with no previous palladium exploration.

Galileo Mining (GAL) receives assays from aircore drilling at its Norseman project in WA The results highlight anomalous nickel, copper, cobalt and palladium values with some located near highly conductive electromagnetic (EM) targets at t...

“The scale of the targets is very encouraging with potential for the development of significant magmatic nickel-copper-cobalt-palladium at a number of locations. Standout areas of interest are currently the conductive EM anomalies which are...

Ukraine war could push already high nickel, lithium prices higher Australian producers positioned to benefit: Far East Capital’s Warwick Grigor Weekly Winners: Lodestar Minerals, Metals Australia, Lynas Rare Earths Our High Voltage column...

Galileo Mining (GAL) begins reverse circulation (RC) drilling at its highly prospective Fraser Range Project in Western Australia Targets include electromagnetic (EM) conductors as well as follow up targets that intersected up to 0.56 per...

“We plan to have initial geological results to the market after the completion of drilling and with assay results to be returned from the laboratory in April/May 2022," - MD Brad Underwood.

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, manganese, magnesium, and vanadium.   After a huge collective performance in 2021, the froth has been blown off l...

We need a whole lot more nickel than we currently mine to fill the order books of the world’s electric carmakers. That has brought Indonesia, previously seen as a class 2 nickel-only sort of jurisdiction, into play as an EV metals hub. Whil...

“We are looking forward to the start of our first drill campaign of the year and anticipate having preliminary geological results approximately two weeks after the commencement of drilling," says MD Brad Underwood.

Prices for rare earths neodymium and praseodymium have exploded to record highs Chinese rare earth company swoops on Aussie junior Peak Rare Earths (ASX:PEK) Desperate battery makers continue buying lithium at any price Our High Voltage c...

Another trading day in February, another win for ASX microcaps. The composite Emerging Companies index rose again on Wednesday for its fourth straight winning session, and eighth in the last nine days either side of a -2.56% wobble on Febru...

“The results of our EM surveying at Norseman are exceptional and, combined with the identification of sulphide in aircore drilling, we now have well developed targets ready for drill testing,” says MD.

Electromagnetic (EM) surveying conducted by Galileo Mining (GAL) defines high priority targets including strong conductors at its Norseman project in Western Australia EM surveying was designed to target prospective areas on the margin of...

ASX to open flat as Wall Street rally continues The relatively upbeat week in equity markets has continued overnight, with all three US stock market benchmarks rising for the third consecutive day. The S&P 500 climbed by 0.65%, the Dow...

Cobalt prices hit US$70,000/t in December; a 119% increase over 12 months ‘While Gigafactories pop up at record speeds, developing industrial-scale [cobalt] mines still takes 10-15 years’: Eurasian Resources Group Lithium producers are rak...

Tesla rakes in biggest quarterly profit ever as EV sales explode. Elon Musk says iron, not nickel-rich chemistries will power “Terrawatt-hour” energy storage business. GWR Group trades iron ore for magnesium in green push. Our High Volta...