Articles On Grange Resources (ASX:GRR)

The share market’s push for a third straight gain floundered as strength in mining stocks was outweighed by weakness across the wider market. A 21-point opening rally gave way to a mid-session loss of 58 points or 0.82 per cent on the S&...

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...

Coal prices have bounded to new record highs on Russia’s invasion of Ukraine, extending the bonanza Australian based coal miners have enjoyed since the middle of last year. The stunning turnaround in metallurgical and thermal coal prices ha...

Energy sector rises 5% as oil prices go nuts The benchmark Brent crude continued its rise in Asian trade, surging by another 20% this morning to over US$140 a barrel. It’s since retreated, and at 4pm AEDT, was trading just shy of US$130 a b...

There were 0 producers in January’s Top 50 ASX resources stocks. In February there were 12, plus a handful looking to join their ranks by the end of the year. Why? Maybe reporting season underlined just how much money miners are making from...

A State backed Chinese news service has put hard numbers on China’s plan to reduce its reliance on western suppliers of iron ore, saying it wants to raise its equity share in overseas mines to 220Mt by 2025. That would be a more than doubli...

It was all about commodities today, as the Bloomberg Commodity Spot Index recorded its biggest one-day gain in 13 years overnight. Oil, gold, coal, all rose as Russia’s escalation of attacks in the Ukraine spelt more trouble for the supply...

The ASX200 has come to a jerky halt, closing more than 50 points or 0.7% higher. The market is down 5.6% over the last 52 weeks. The ASX Emerging Companies (XEC) index ended 0.6% better. The Four Horsemen of the Apocalypse are abroad on Mon...

ASX mining shares are off to a stellar start in 2022 amid a two-year-long commodities rally that is seeing listed miners realise record levels of revenue and free cash flow. The S&P/ASX 300 Metals & Mining Index (ASX: XMM) has cli...

Highlights The Australian market is witnessing volatility on the first day of the week. GRR, MLS and WHK are three penny stocks having a good day on the ASX. Investors should not get blinded by windfall profits delivered by penny stoc...

Shares in Grange Resources Ltd (ASX: GRR) are charging higher today after the company released its financial results for the full-year ended 31 December 2021 on late Friday afternoon. At the time of writing, the Grange Resources share pri...

One of the ASX’s top performing gold miners in recent times, Perseus (ASX:PRU) has leveraged its successful operations in West Africa to push back against market malaise and cost pressures. Shortly after announcing a 159% rise in net profit...

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...

Back before the last mining boom buying a tonne of iron ore was little more than a trip to the corner store, with the bulk commodity fetching prices in the range of US$30/t. When Chinese steel production and industrial growth began to overt...

In one of the big iron ore headline makers of the past month the WA Government has released its new plan for Port Hedland, the world’s largest iron ore export hub. The Pilbara Ports Authority has already pushed its export rate beyond the 49...

Aussie shares climbed 1.13% higher today, boosted by a tech stock rally. The XIJ tech index rose by more than 4%, buoyed by Nasdaq’s 1% rise overnight and strong earnings results from local stocks. The Financial sector was the other big win...

Iron ore is in familiar territory right now. Talked down by analysts who predict it is due for a dive, the headline Australian commodity has been defiant in 2022 so far. Despite the column inches expended on the rise in crude oil prices so...

Despite tumbling 3.46% over the course of a bad week the material sector joined the rest of the ASX 200 in recovery mode today. The TGIF vibes were palpable as big gains for Rio Tinto (ASX:RIO) and BHP (ASX:BHP) led the big mining stocks to...

The Pilbara iron ore miners are facing business pressures on a number of fronts, including the on again, off again story around the reopening of WA’s Covid border. The WA Government’s decision to delay its planned February 5 reopening inde...

The iron ore market does not offer the simple narrative that it did in the first two decades of the 21st century nor that of the suite of “green metals” like lithium, nickel and copper now hitched to electric vehicle sales and efforts to ma...

The ASX 200 was down 0.25% today, with investors possibly worried about looming US interest-rate hikes and unfolding Omicron news. Of the winners, Woodside (ASX:WPL) was leading the energy pack, up 2.51%, with Rio Tinto (ASX:RIO) leading ma...

Kingfisher pulls up “impressive” 12m at 1.12% total rare earth oxides (TREO) Traka hits up to 57.4g/t gold Lithium minnows Ragnar, Peregrine up on no news Here are the biggest small cap resources winners in early trade, Monday January 10....

ASX investors evidently shrugged off omicron fears in December, with the last month of the 2021 being the second best of the year. Ultimately, the market finished 2021 13% higher than it started. Patience pays off, unless you got in at the...

Grange Resources (GRR) updates the market regarding a pre-feasibility study (PFS) assessing the potential for underground mining in the North Pit orebody The financial outcome of the PFS outlined that an underground mine is technically and...

Gold scaled above US$1800/oz overnight, inspiring a rally for ASX large and mid-cap gold miners this morning. Precious metals producers propped up the materials sector, with Regis Resources (ASX:RRL), up 4.59%, and West African Resources (A...

Coal mining is hardly popular but governments around the world, most of whom have promised to work to reduce the impacts of climate change, can’t get enough of it. It may be getting harder to finance and gain approval for mining coal, the b...

Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relative Strength Index (RSI). The RSI is a technical gauge which measures how trading momentum is affecting the price action. A reading of 70 is seen as the le...

China is virtually certain to meet its objective of keeping crude steel production to below 2020 levels, after producing just 2.31Mt per day in November. Output fell to 69.3Mt, the sixth consecutive monthly fall and ~20% below the same mont...

Iron ore has been unpredictable in 2021 and it would be a brave person to make a hard and fast call on where it will end up in 2022. In fact, with the whims of the Chinese Communist Party and vagaries of its economy one of the major factors...

And away we go into another week as the year draws to a close. Let me first say a very warm welcome to The Daily Reckoning Australia if you’re joining us from our sister publication The Rum Rebellion. I’m going to go with a big belly chant...

COP26 in Glasgow has solidified the push to eliminate anthropogenic greenhouse gas emissions, with the global pact to limit global warming needing “rapid, deep and sustained reductions” in our greenhouse gas output. That poses a problem for...

Highlights Vulcan Energy shares surged more than 5% following an acquisition news. Fortescue Metal fell over 2% after it announced the departure of its CEO. Westpac shares dipped 1% after it extended the date for share buyback. Apoll...

For the first time in over a month, the ASX finished a week higher than where it began — even with the bourse declining on an intraday basis. The ASX 200 closed at 7,353 points which was 0.42% lower than yesterday, but up 1.6% from last Fri...

The share market’s first weekly advance in a month ended with a modest final-session loss as investors turned cautious ahead of risk events in the US. The S&P/ASX 200 broke a four-week losing run thanks to strong gains on Tuesday and...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to end the week on a disappointing note. At the time of writing, the benchmark index is down 0.5% to 7,349.8 points. Four ASX shares that are not letting that stop them...

The Grange Resources Limited (ASX: GRR) share price is soaring on Friday after the iron ore pellet producer announced a supersized special dividend for shareholders. At the time of writing, Grange Resources shares are swapping hands for 76...

Investors locked in profits from a strong week after caution set in on Wall Street ahead of tonight’s US inflation update. The S&P/ASX 200 fell 34 points or 0.46 per cent by mid-session. The decline trimmed the benchmark’s gain for t...

Ironbark trading for the first time since receiving preliminary approval for US$657 million debt facility Revolver pulls up super high-grade copper-zinc at the ‘Diane’ project in QLD Tassie iron ore miner Grange to pay special dividend on...

Highlights The benchmark ASX 200 index fell 0.54% or 39.6 points to 7,355.7 in early trade. The NASDAQ Composite and the S&P 500 closed in the red on Thursday as profit booking took place after three consecutive days of gains. The...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

“Your Stock Request” is a weekly video where we analyse share price charts for stocks on the Australian market (ASX) as requested by you! Email us at [email protected] with your stock request. Limit of one per person, no guarantee o...

Hopes that the new Omicron strain will have a less-pronounced impact on travel and consumer confidence have bolstered stocks this week. Scientists and vaccine makers are still assessing the severity of Omicron and how well existing vaccines...

Iron ore miners have their tails up this morning as prices soared by around 8% overnight on word of economic easing in China. What happens in China is critical to the price of Australia’s headline commodity, given it consumes around 80% of...

The topsy turvy data coming out of China’s steel sector continues to roll on after the world’s biggest steelmaker revealed iron ore imports hit a 13-month high in November despite sliding steel production. China’s appetite for iron ore roar...

This was supposed to be a difficult period for Sandfire Resources (ASX:SFR), which has long dealt with uncertainty around the mortality of its DeGrussa copper-gold mine. Since the start of mining at DeGrussa early in the last decade, Sandfi...

The ASX closed just 0.11% higher today but there were no shortage of small cap winners, led by Antiviral biotechnology stock Biotron (ASX:BIT). It announced that its lead drug candidate — BIT225 — had been shown to be effective against COVI...

Hancock Prospecting is making a big move into magnetite iron ore, this week inking an initial $9 million deal to farm into the Mt Bevan iron ore project owned by juniors Legacy Iron Ore (ASX:LCY) and Hawthorn Resources (ASX:HAW). It’s an in...

Westpac is the latest major financial institution to knock down its iron ore forecasts after prices dived below US$100/t again on a slowdown in steel production in China it describes as the largest since 2008. It revised its price forecasts...

If there was any doubt about the importance of grade in iron ore, check out the latest numbers from Mineral Resources (ASX:MIN). Chris Ellison’s miner suffered a 48% discount to average Platts 62% iron ore prices in the September Quarter. T...

Mineral Resources (ASX:MIN) was the standout among the major miners on the news the $8 billion company and US chemicals giant Albemarle plan to restart the Wodgina lithium mine in the Pilbara. The operation was mothballed just one week afte...