Articles On Havilah Resources (ASX:HAV)

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...

Set against rumours of its demise, spot iron ore has remained stubbornly defiant, reminding investors again why forecasting is a fool’s errand by bouncing above US$135/t on Monday night. A broad consensus is forming around metals like coppe...

Is there any end to coal’s incredible price run in 2021? This week has seen thermal coal prices rise to record levels, with low volatility 6000kcal product from Newcastle soaring 5% to US$240/t yesterday. Twelve months ago, when China’s dip...

South Australia’s green energy credentials are making it a favourable place for projects looking to lead the way towards a more sustainable future. Around 60% of SA’s electricity needs were serviced by renewables in 2020, and up to 100% at...

Coking coal prices have gone a wee bit crazy in recent weeks, presenting a once in a generation opportunity for ASX-listed companies who looked sickly as the 2021 financial year wrapped up. According to Fastmarkets MB, supply remains tight...

Is Rio Tinto (ASX:RIO) going to disappoint on shipments yet again? The gaffe-prone Pilbara miner, which was carried by stratospheric iron ore prices to a US$9.1 billion dividend at the half year, appears likely to miss its ambitious guidanc...

Andrew Forrest said he wouldn’t bet against the price of iron ore this week as he addressed media and analysts in a lap of honour for Fortescue Metals Group’s (ASX:FMG) transformative 2021. That was driven by record high iron ore prices thr...

How’s that Aussie coal ban going for China? Prices of imported premium coking coal in the Middle Kingdom soared to record highs of US$384 per tonne while China looks around every nook and cranny to source the product it once got from our ea...

It powers Australia’s economic engine room, but iron ore is sputtering after the spot price recorded its biggest single day drop on Friday since index pricing began. Fastmarkets saw iron ore prices for benchmark 62% fines to northern China...

BHP (ASX:BHP) has taken advantage of 2021’s astonishing boom in iron ore prices to shower shareholders with a record dividend and kickstart the transformation of the world’s biggest mining house. Its final payout of US$2 per share came off...

“This is one of many promising prospects that we plan to drill in the Mutooroo Project Area and highlights the prospectivity for new sulphide discoveries within trucking distance of the Mutooroo deposit,” says Chris Giles.  

Iron ore prices fell to their lowest level in two and a half months on the back of noise about steel production cuts in China on Friday, only to moderate on Monday. A 7% flop in iron ore prices to a little over US$180/t to end last week wou...

Are Chinese steel margins on the way back up? Sliding and eventually negative steel margins in June led many analysts to the conclusion that high prices for iron ore would slide rapidly in the second half of the year as steel producers look...

Tasmanian iron ore producer Grange Resources (ASX:GRR) has become well known for the quality of its iron ore and, while small in volume, makes up for it in tactical nous by supplying pellets that grade around 65%. The Caleb Daniel of the ir...

“These results highlight the possibility of breccia-vein style copper-gold mineralisation below the current Kalkaroo mineral resource that may have bulk tonnage underground mining potential,” says technical director.

In spite of China’s complaints about commodity prices, iron ore was relatively steady in June after a volatile May, with benchmark 62% fines opening the first full week of the new financial year above US$220/t. Those price levels, up from a...

Widespread copper and gold mineralisation was intersected in all drill holes, with grades and widths of sulphide mineralisation very typical of the Main Kalkaroo deposit.

The sun is shining again on Australian iron ore, at least for now, with prices again threatening to touch historic levels just one month after reaching record highs. Benchmark 62% fines opened the week in China at US$222.30 a tonne, just US...

The University of Adelaide’s MT survey crew operated out of Havilah’s Kalkaroo exploration basecamp during their helicopter supported infill surveying of the Jupiter MT anomaly.

• Benchmark 62% Fe iron ore price closes a wild month after 5.6% rally to $US198.75 • Iron ore futures trend higher at the end of a week dominated by talk about Chinese intervention • Coking coal finds price support as Aussie export prices...

Early last week, Chinese premier Li Keqiang said China needed to take more steps to curb “unreasonable” price increases for bulk commodities, right after we wrote this: Lol. Hubris.…which aged badly. Iron ore prices have fallen below $US200...

Is this what winning a trade war looks like? Chinese sanctions on our wine, coal and lobster pale in comparison to the mammoth prices being paid for Australian iron ore. In fact, the Aussie government could rake in an extra US$34 billion ($...

The company is targeting development of the West Kalkaroo gold open pit this year, subject to a final investment decision, obtaining financing and final South Australian Government approvals.

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade. WINNERS Scr...

There’s no doubt it’s a positive time for those trading in resources, with two commodities in particular – copper and iron ore – hitting all-time price highs in the last few days alone. The basis on which those highs have been achieved is...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade. WINNERS Scrol...

The company is considering a capital raising via a Havilah-sponsored IPO where eligible shareholders would be offered priority share subscription rights.

The company is considering a capital raising via a Havilah-sponsored IPO where eligible shareholders would be offered priority share subscription rights.

Summary The AIS share price has skyrocketed 18.1% to AU$0.13 in today’s session, clocking a very high volume of over 29 million shares. After a consistent downtrend, the AMX share price has shown the first sign of reversal. The GMD sh...

By 2030, UBS predicts we’ll need a lot of manganese, lithium, cobalt, rare earths, nickel and copper if car makers are to hit some very ambitious production targets. They estimate EV penetration increasing from 4 per cent currently to 20 pe...

Castillo Copper, Alicanto Minerals and Havilah Resources are among the ASX-listed explorers with exposure to a strong copper market with positive future fundamentals.

Summary Havilah Resources entered into binding MOU for exploration and development of its uranium asset. The MOU is conditional and holds valid only when the other signing member- Aroha Resources succeeds IPO listing on ASX. Havilah m...

It is focused on maximising the value of its non-core projects via external funding while simultaneously progressing its core projects with near-term potential.

The drilling results continue to support the development potential of the company’s large Kalkaroo copper-gold deposit in north-eastern South Australia, near Broken Hill.

Non-executive director Victor Previn, technical director Chris Giles and chairman Simon Gray all participated in the strongly supported $2.72 million SPP.

The company is now well-funded to carry out its planned work programs over the next 12 months across its projects in northeast South Australia.

Havilah is progressing its two advanced copper projects, with substantial gold and cobalt resources, along with its large and highly prospective exploration acreage.

The SPP provides eligible shareholders the opportunity to acquire up to $30,000 worth of new shares at 17 cents each, the same price as the placement.

“We are delighted with the support for the placement and look forward to putting investors’ funds to work in continuing to advance our exciting asset portfolio,” says director.

The company continues to evaluate the feasibility of the West Kalkaroo starter open pit project within the broader Kalkaroo Copper-Gold Project in South Australia.

Bastnasite has been identified as the primary REE host in West Kalkaroo oxidised copper-gold ore samples and this is high in the more valuable rare earths.