Articles On Grange Resources (ASX:GRR)

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...

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...