Articles On Grange Resources (ASX:GRR)

Today, the S&P/ASX 200 Index (ASX: XJO) paraded its third consecutive week of positive performance. At the end of the session, the benchmark index finished 0.88% higher at 7,238.8 points. The lingering prospect of a 40 basis point incr...

Australia’s biggest bank has upgraded its long-term iron ore and coking coal forecasts in response to Covid, Chinese commodity demand and Russia But high energy prices could drive investment in decarbonisation, clouding the outlook for the...

Goldman Sachs metals strategist Nick Snowdon says prediction of copper running to US$15,000/t could be “conservative” Sees similar “extreme” fundamentals to oil in the 2000s De Grey leads market monsters as Hemi resource update excites G...

ASX 200 is down 1%% today and 1.85% in May, the worst monthly return since January Australia’s current account misses forecast China’s lockdown easing sparks a mini rally in commodity stocks   Local blue chips finished 1.03% lower today,...

ASX 200 was up 0.56% today Investors flock to gold stocks on flight to safety Tech stocks plunge 2.5% as risk aversion kicks in   The benchmark ASX 200 index closed 0.56% higher today as investors flocked into gold stocks. It was a flight...

ShareCafeLunch Report: 25 May, 2022 by Melissa Darmawan   Australian gold miners and banks offset the fall in information tech as investors ponder if China’s covid policy outweighs stimulus support in a slowing economy. Despite BHP (ASX:BHP...

25 May 2022 - Three iron ore companies that have hit 52-week highs. A deep dive on the backdrop and why this could be the case, featuring TerraCom (ASX:TER), Stanmore Resources (AS…

China’s Covid Zero policy has seen analysts knock down economic forecasts Bad news for sentiment in steel and raw materials, with iron ore futures tumbling in afternoon trade Coal prices remain freaking high A precipitous slide in Asian i...

Cooking oil salvaged from your soggy Maccas chips could help Rio Tinto (ASX:RIO) reduce emissions from shipping its iron ore across the globe. The Anglo-Australian mining behemoth has launched a trial with energy giant BP to curb emissions...

ASX 200 is down 0.30% The Lottery Corp makes its debut on the ASX  Tech weighs heavily after Snap Inc warning   The ASX 200 traded in a volatile range today, but ended the day down by 0.3%. The index was up by 0.20% but was not able to ho...

ASX closes flat Mining and Energy lead, while Health and Financials lag Codan, Elders offer strong guidance The first day of a new government didn’t have much impact on the local stock market, with Aussie blue chips closing the day flat....

After a strong start to the week, the All Ordinaries Index (ASX: XAO) has slipped into the red on Monday afternoon. But not all is dire. Some of its constituents smashed their 52-week highs earlier today. In fact, one All Ordinaries share...

ASX fell by 1.51% after a plunge on Wall Street overnight All sectors fell except by Health.  Retailers led the selloff. Australia’s unemployment rate is at 48-year low of 3.9%, bang on with market consensus   Aussie shares didn’t fare to...

ASX 200 rose to its fourth consecutive day Miners led the bourse as risk sentiment returns Australian wages grew less than expected   The rebound in sentiment has been as swift as its drop last week, with the ASX now notching up its fourt...

ShareCafeLunch Report: 18 May, 2022 by Melissa Darmawan   Materials lift ASX higher for 4th day Australian shares are on track to continue its winning streak for its fourth straight day after taking a strong lead from Wall St. The local ind...

WoodMac sees pathway for steel industry to reduce emissions 30% by 2050 Transition will require shift away from blast furnace to scrap-based electric arc furnace steelmaking Despite Chinese strong steel output in April, Commbank sees suppo...

ASX 200 gains for third day in a row RBA meeting minutes released, revealing the thought process behind the 25bp hike in May US Fedspeak ahead Sentiment turns bullish Local blue chips made gains for the third consecutive day, with the be...

This year is shaping up to be a successful one for ASX dividend shares. Patient passive income investors are reaping the rewards of holding less ‘growth-oriented’ names. We know each year in the stock market can be full of twists and turn...

Metals prices rebound as China promises to support economy coming out of Covid lockdowns Iron ore and coal miners perform well as materials stocks lift 0.82% and energy rises 1.55% Perseus and OZ Minerals chase growth with acquisitions W...

Blue chips pare gains after downbeat Chinese economic data Industrial sector jumps after speculation about a takeover attempt of Brambles Bitcoin and the crypto market have stabilised   Asian markets reacted negatively to China’s latest e...

Aussie shares looked set to open little changed after key commodities fell and US equity indices finished mixed as a relief rally lost momentum. ASX futures dipped eight points or 0.11 per cent, signalling a calmer start after three days...

Iron ore miners have been looking fragile over the last week, clawing to hopes of a second half revival in the Chinese economy as the impact of its Covid lockdowns worsen. Prices remain relatively high compared to major producer margins, wi...

ASX 200 extended loss, down by 1.43% All sectors fell except for Energy Tech and Real Estate were the worst performers   The ASX has extended its selloff as local stocks closed to the lowest level in two months. At the close, the benchmar...

Aussie shares were set to open lower after Wall Street extended its run of weekly losses as inflationary pressures continued to drag on the market. ASX futures dropped 51 points or 0.71 per cent, signalling a soft start after Friday’s 15...

ASX 200 finished 0.85% higher Tech, Real Estate and Utilities led the sectors Qantas to buy Alliance Aviation for $614m   Rates sensitive sectors like Tech, Real Estate and Utilities led the ASX200 index to a higher close today, as fears...

Stanmore has completed its ambitious US$1.2 billion ($1.7b) acquisition of BHP’s Poitrel and South Walker Creek coal mines Its founder Nick Jorss is aiming to repeat his success at new coal producer Bowen Coking Coal Jorss says steelmaking...

ASX 200 closed 1.27% lower in a Tech-led rout All 11 sectors were in the red ahead of the RBA meeting tomorrow Property prices in Sydney and Melbourne have dropped for the first time since Covid started in 2020   Tech stocks plunged and l...

All 11 ASX sectors finished higher today Bue chip miners lifted 3pc, boosting the ASX200 to a ~1% gain Major stocks like Fortescue, Coles, AMP released updates   Miners lifted local blue chips higher today as the sector jumped by over 3%,...

ASX was down for third consecutive day Australia CPI was higher than expected at 5.1% Tech, consumer staples got smashed in a broad brushed selloff    ASX Tech stocks tumbled by over 2% today, as the possibility of a May rate hike gains m...

China’s steel output has shown signs of life, building throughout the first quarter of 2022 after collapsing to its slowest rate in four years in October and November 2021. That came despite widespread curbs on mill output due to the Winter...

The surging iron ore price is fuelling renewed investor interest in junior iron ore stocks, in the process stoking speculation that Rio Tinto may bid for its little Pilbara neighbour CZR Resources. CZR’s Robe Mesa project adjoins the operat...

Wednesday has been a good day for the S&P/ASX All Ordinaries Index (ASX: XAO) and these three shares have cashed in on it. They’ve each climbed to their highest share price in years despite releasing no price-sensitive news today. The...

ASX 200 slipped 0.42% Russia bonds deemed to have defaulted by S&P Afterpay net loss is growing  Local shares slipped by 0.42% today on growing concerns that imminent rate hikes could trigger a revaluation of equities. It was a sea of...

ASX 200 seesaws to close flat Aussie 10-year bond yields at 7-year high China’s inflation rises and beats expectations The ASX 200 opened higher this morning but lost momentum by midday as Aussie bond yields marched to multi-year highs. A...

Highlights Australian equities traded in green on the last trading session of the week. Materials sector led the gainers list and the metals and mining index XMM also traded higher. The ASX200 traded in green during the intraday tr...

If there’s one thing income investors love, it’s watching the dollars trickle in and stack up as their dividend shares deliver. Simply put, it really gives the sense that you are making money while you are sleeping. However, as investors,...

Iron ore and coal to drive $425 billion windfall for resources exports in 2021-22 according to Canberra forecasters India removes tariffs on Aussie coal exports as part of free trade deal Coal prices start to normalise (kinda), with premiu...

MinRes shares soar after announcing major expansions of Wodgina and Mt Marion lithium JVs  Spodumene spot sales in the China market  averaging US$5750/t: Fastmarkets MinRes defied weakness infecting other major battery metals and rare eart...

ASX 200 is within striking range of record level Tech sector jumps 3% RBA keeps cash rate at 0.1% Local blue chip shares closed flat despite a big rally in Tech stocks. The ASX 200, currently at 7,516, is now within range of its record le...

Highlights The day on which a declared stock dividend is scheduled to be paid to qualified investors is known as the payment date. The pay date can be up to a month after ex-dividend date. Companies like EQT Holdings, Grange Resources...

Local blue chips recovered early losses and closed the day 0.20% higher, despite a selldown on Wall Street overnight. The benchmark ASX 200 index was cushioned by broad-based rallies in Energy and Mining stocks. After falling to below US$11...

Australian companies are lining up to deliver new high grade iron ore mines in a bid to capture tailwinds from the need to reduce emissions across the sector. This week no less than three studies have been released by ASX-listed juniors, ta...

Grange Resources is again dusting off its long-stalled Southdown magnetite project near Albany with plans for a scaled down, cheaper operation than what it had previously envisaged.

Grange Resources (GRR) releases a pre-feasibility study (PFS) that identifies a significantly reduced-capital development option for its Southdown magnetite project in Western Australia The recently completed PFS shows the forecast capital...

ASX lost momentum in afternoon session after making early gains Aussie dollar is trading over US 74c Magellan’s Hamish Douglass quits   The ASX 200 lost early momentum after erasing a 0.60% gain this morning to finish slightly down by 0.2...

Iron ore miners help materials higher as futures top US$154/t Fortescue, Grange and South32 among the top large and mid-cap miner this morning Mincor up ~3% after strong nickel hits at Kambalda’s “Golden Mile” China’s topsy-turvy approac...

Chinese coal production on track to beat 2021 levels by 500 MILLION TONNES: Macquarie Demand destruction needed to bring hot coal market into balance as coking prices top US$650/t Russian coal still finding its way out of the heavily sanct...

Analysts tipping a major correction in the coal price by the end of 2022 have changed their tune after Russia’s war with Ukraine blew up the market. Prices have confounded belief, with tightness in the seaborne segment of the coal market bo...

Local shares slipped 0.73% today as the Reserve Bank (RBA) warned the war in Ukraine could cause higher inflation and lower growth globally. In its minutes from the March 1st meeting, the RBA also warned of further disruptions to the global...

A volatile week ended with a loss as investors reassessed the risks of rising costs derailing the post-pandemic global rebound.   The S&P/ASX 200 fell 67 points or 0.94 per cent today. The decline sealed a weekly loss of 47 points or...