Articles On Grange Resources (ASX:GRR)

If coal’s crazy 2022 was a wonder to behold and a watershed moment for investors who have spent years chastising the ESG lens that has quickly and loudly engulfed the resources market, 2023 has been a chastening experience for those who tho...

China’s state iron ore buyer seems to be costing its mills more money than it is saving them in price negotiations with miners Reuters reports little has changed in the iron ore trade since the much-hyped introduction earlier this year of...

The S&P/ASX 200 Materials Index (ASX: XMJ) dipped 1.66% today but these three ASX mining stocks hit yearly lows on Wednesday. The 29Metals Ltd (ASX: 29M), Vulcan Energy Resources Ltd (ASX: VUL), and Grange Resources Ltd (ASX: GRR) sha...

Falling met coal prices have helped stabilise steel mills, providing solace for iron ore miners who have seen prices fall Chinese property data remains a concern for iron ore: NAB Genmin submits mining permit application ahead of FID for B...

Despite prices falling this year, Australian Pacific Coal interim CEO Ayten Saridas says the thermal coal market has legs Its Dartbrook mine restart is one of a handful of coal developments approved to come online in the coming year Iron o...

Chinese steel and iron ore demand an opaque picture as always as strong prices remain Sundance continues legal fight over African iron ore project Could ASX-listed Siberian coal miner be falling foul of Australian sanctions? Chinese steel...

Tribeca Investment Partners portfolio manager Todd Warren gives us his take on bulk miners and commodities Champion Iron could be a long term beneficiary of rising spreads for higher grade iron ore Glencore and Teck, currently involved in...

Fortescue Metals Group signals another, this time minor, delay at its Iron Bridge development First production from the 22Mtpa magnetite mine is due in late April Pearl Gull announces maiden resource at Cockatoo Island Andrew Forrest’s Fo...

ShareCafeFirst Citizen acquires large chunk of SVB                    The Dow Jones Industrial Average rose Monday, building on last week’s gains, as investors attempted to move on from the crisis that broke out in the regional bank s...

New Hope pays monster dividend on last year’s coal boom Targeting doubling of production in three years, with expectations demand will outstrip supply despite ESG pressures Magnetite completes optimisation study ahead of high grade iron or...

The ASX fell 1.6% on Tuesday on concerns of a global meltdown following SVB’s collapse Gold stocks and Bitcoin gained as Treasury yields collapsed Goldman Sachs now expects the Fed to keep rates on hold this month   The ASX 200 fell 1.6%...

ShareCafeStock sale from SVB Financial drags US stocks lower                    Stocks accelerated losses in the final hour of trading Thursday as banks and other financials sold off, and investors braced for a key payroll report Frid...

The ASX 200 fell almost 1% on Wednesday, tracking moves in Wall Street RBA Governor Phil Lowe gives hope we might be at the end of rate hike cycle Qantas shares at 3-year high   Local shares tracked Wall Street lower today, with the ASX 2...

Iron ore’s bull run could be brought to a halt by China’s weaker than expected economic growth target Goldman predicts price record for Rio Tinto Thermal coal prices keep dropping Iron ore has been a bull’s game in 2023, with matadors spe...

The ASX rose half a percent after RBA’s decision The RBA has hiked its cash rate by another 25bp to 3.6% InvoCare surged 35% on takeover offer, Megaport crashed 15%   Aussie shares steamed ahead half a percent as traders assessed the afte...

The ASX ended Friday higher, but down for the week Lithium stocks outperformed Bitcoin tumbled to a 2-month low   Aussie shares ended the week on a winning note, up by 0.4%. For the week, the ASX 200 index was down 0.3% ahead of the RBA m...

China is again ordering sintering restrictions to crack down on pollution from its steel mills It comes after limits were placed on Dalian futures trading last week to bring the heat out of prices Junior miner CuFe posts maiden resource fo...

BHP (ASX:BHP) has reported, leaving only Rio Tinto (ASX:RIO) today to round out our February financial results season for the big three iron ore miners. In Oscars parlance none are expected to be award winners. Lower iron ore prices — and i...

The ASX trimmed early losses on Tuesday BHP, Coles and Viva Energy were some of the companies reporting earnings today RBA board considered a 50bp hike according to minutes   The ASX trimmed its losses late in the day, finishing Tuesday 0...

A mixed bag of earnings reports drove the ASX slightly higher today Bluescope, NIB, A2 Milk, Bendigo Bank all reported their half year results today Blackrock to cut its management fees on ETFs   Bank stocks were the lone saviour on Monda...

The iron ore price is currently US$126 per tonne after an 0.55% gain overnight. However, the price is 13.4% lower than this time last year, according to Trading Economics data. In March 2022, the iron ore price reached its highest level...

South African coal miner Thungela Resources will become the majority owner of Australia’s Ensham coal mine Its CEO July Ndlovu says thermal coal will see demand for at least two, maybe three decades Iron ore sales lift There may be clouds...

The ASX finished Tuesday 0.5% lower The RBA increased rates by 25bp for the 9th straight time, as expected Coal stocks rallied across the board   The ASX 200 was hovering sideways before plummeting 0.5% when the RBA announced its rates de...

BHP, Rio and FMG all drop on lower iron ore prices Materials ends week down despite Thursday’s gold-led rally Liontown begins mining at Kathleen Valley and Sandfire closes in on commissioning at Motheo The materials sector, which is domin...

Straight-shooter Jessica Amir is a Market Strategist at Saxo Markets. Jessica joined Saxo a year or so back and brought along  well over a decade of global financial market wisdom. She focuses on providing strategies, straight-shooting, inv...

Gold miners rule after US Fed chair strikes less hawkish tone with smaller rate rise Hot mining services stock SRG wins Northern Star contracts Uranium play Deep Yellow releases Tumas DFS   Gold miners ruled the roost among the large caps...

Bain and Co. say the energy transition has become a key theme for energy and natural resources companies Share of global M&A deals in the sector focused on the energy transition rose from 21% in 2021 to 27% in the first 9 months of 202...

The ASX rallied another 0.3%, touching a 9-month high Market anxiety is high as investors await the Fed’s rates decision tonight Coal miners fell after UBS calls a peak on coal prices   The ASX 200 rallied to a 9-month high earlier as the...

Newcastle thermal coal’s reign as the top priced product on the market has ended Premium hard coking coal returns to traditional position at a premium to energy coal as European demand wanes Iron ore prices remain strong, but MySteel says...

The ASX closed slightly lower on Monday Tech sector led the bourse today A bust week for central banks including the Fed’s rates decision on Wednesday   The ASX edged 0.1% lower on Monday as investors braced for the Fed’s rates decision l...

Iron ore mid-tiers Champion Iron, Grange Resources and Fenix Resources all roll out improved results for the December Quarter; Materials index ...

The ASX finished marginally lower before the Australia Day break Aussie inflation came in at 7.8%, higher than predicted Gold stocks fell broad based   The ASX dropped 0.10% on Wednesday as Australia’s inflation rate shot to a 33-year hig...

Chinese companies are starting to make bids for Australian coal cargoes after an unofficial ban that ran for over two years But Coronado CFO Gerhard Ziems says Australian coking coal exports to China will only touch half of pre-pandemic le...

The ASX closed slightly higher on Monday Lithium stocks led the bourse today Queensland is the best performing economy in Australia, says Commsec   The ASX limped to a flat close despite futures tracking higher before the opening bell. At...

The ASX ended Friday flattish, but is at a 9-month high Energy and Miners led today after a series of announcements by majors Chinese lunar New Year ahead   The ASX 200 edged 0.20% higher on Friday, pushing the index to a 9-month high. Fo...

The ASX 200 index extends 2023 gains Aussie unemployment increases to 3.5% NZ PM Jacinda Ardern resigns   The ASX 200 added another 0.6% on Tuesday as the benchmark index races away to a 7% gain in 2023. Local investors were buoyant today...

Inflationary pressures continue to impact gold miners, Northern Star boss Stuart Tonkin says The way to bring down costs will be economies of scale, with NST planning to hit 2Moz runrate by 2026 Materials sector lifts on iron ore majors G...

Materials stocks down 0.07% following afternoon rally Iron ore miners outside BHP rise as futures lift following China economic growth numbers Nickel Industries plots path to become battery nickel giant   After a second day in a row that...

BHP did not deliver capital guidance for its BMA coal mines in Queensland last year after new royalty tiers drawing billions for Qld were introduced last July While CEO Mike Henry also cited China’s coal ban as a factor, its capex strike l...

By MichaelGable The US CPI numbers last week came in as expected, and they continue to show a drop in inflation. The 2- year yields are indicating that rate rises (despite the rhetoric from the US Fed Reserve) are almost done and all of thi...

The ASX rose in a broad brushed rally Fortescue’s CFO of 13 years quit Australian and US CPI will be due for release later this week   The ASX extended gains in a broad brushed rally on Monday, with 9 out of 11 sectors finishing in the gr...

Iron ore may not have hit record highs, but it had another volatile year in 2022 Will China’s reopening from Covid be a negative or a positive for iron ore and steel in 2023? Which stocks stand to benefit as China looks to wield its power...

The ASX has closed 0.77% lower on the last trading day before Christmas  Markets fell across the globe following strong falls on Wall Street TPG recoups some losses after falls earlier in the week after ACCC blocks deal with Telstra   Sto...

Efforts to develop zero emissions steel are at an early stage Fortescue Metals Group backs new attempt to use low grade iron ore in green steelmaking Coal exports are forecast to outstrip iron ore for the next two financial years Green st...

Iron ore futures nosedive in afternoon session as China’s state iron ore buyer emerges from its slumber Coal miners make gains despite energy intervention   Iron ore miners were poised to hoist the ASX materials sector on their hefty shou...

A 14% dividend yield? Surely that must be a typo! No, no typo. That’s the dividend yield currently on the table from the Grange Resources Limited (ASX: GRR) share price as we speak. So is this too good to be true? Grange Resources is an AS...

Grange Resources has entered into a binding agreement with its joint venture partner, SRT Australia, to re-acquire SRT’s 30 per cent interest in the Southdown magnetite project in Western Australia. Upon completion of the transaction, Grang...

Grange Resources secures support of Japanese commodities trader for Southdown magnetite project in WA as it moves to acquire 30% minority partner High grade mine is expected to benefit from transition to ‘green steel’ Rio Tinto gains appro...

The ASX extended last week’s losses on Monday Gas stocks fell after a decision by the Australian Federal Government Gold miners also tumbled   The ASX extended last week’s losses, finishing Monday 0.5% lower as investors look for signs th...

Highlights The ASX 200 benchmark index closed in the red today (December 12), losing 32.80 points or 0.45% to end at 7,180.40 points. Over the last five days, the index has lost 1.98% and 2.35% over the last 52 weeks. Energy was the...