Articles On Hot Chili (ASX:HCH)

With gold spending most of the past week hovering around the US$1,800/oz (A$2,485/oz) mark, speculation has turned away from whether the precious metal can hold its gains to asking if it can test hit the US$1,850/oz mark. Gold is currently...

Hot Chili Limited (HCH) closed its Canadian initial public offering and the issue of 21.6 million shares has been completed for CA$33.4 million (A$36 million) An aggregate of 21,567,286 units of Hot Chilli were distributed at a price of CA...

The final prospectus also includes the CAD$30m public offering where major shareholder, Glencore led the excitement. Hot Chili says the final prospectus backing its mission to dual list on Canada’s TSX Venture Exchange is already in the pos...

Hot Chili (HCH) announces the final prospectus has been filed as part of its application to list on the TSX Venture Exchange (TSXV) The copper-gold developer says this marks an important step in progressing its position as a dual-lister as...

Copper is surging, and the majors are out in force looking to shore up resources and take advantage of the market. But uncertainty remains around where supply will come from. The copper price has more than doubled since April last year and...

Hot Chili has secured C$30 million from institutional investors and shareholders to develop its Costa Fuego copper project in Chile as the company prepares for its listing on the Toronto Stock Exchange.

It’s been fairly choppy for precious metals this year, with economic recovery, rising nominal yields and the potential for rate hikes dampening investors’ appetite for gold. But on the flip side, new virus variants, fears of stagflation and...

Underwriters and investors including major shareholders such as Glencore have demonstrated their support for Hot Chili by backing a C$30m ($33m) placement. The placement, which is priced at C$1.55 a share and includes one free attaching war...

Some of Hot Chili’s (HCH) largest investors have supported its CAD$30 million (A$33 million) placement, contingent on dual-listing on the TSX The company is offering shares at CAD$1.55 each (A$1.71) Funds will be used to upgrade the Cortad...

After trading down for most of the day, the ASX ultimately closed higher despite a big sell off in tech. The ASX 200 closed at 7,245 points which was 0.05% higher than Friday. Tech retreated 2.2% over inflation fears but gains of over 1.9%...

The ASX closed the fourth last week before Christmas up for the day, but once again down for the week. The ASX 200 closed 0.22% higher at 7,241 but down 0.52% for the week – the fourth straight week it has finished down. Energy was the top...

US Fed chair Jerome Powell finally admitted that inflationary pressures weren’t going to be as sh­­ort-lived as perhaps expected. Earlier this week Powell surprised markets by suggesting it would be appropriate to drop the phrase “inflation...

You might have noticed that the Hot Chili Ltd (ASX: HCH) share price was burning hot last week — or was it? Market watchers saw the copper developer’s share price seemingly surge a massive 4,455.5% last Friday. It increased from 4.5 cents...

Following a 7.6% surge from late September, the price of gold briefly hit five-month highs of ~$US1,872/oz on fears that current high inflation levels are more than ‘transitional’. Gold is an ‘inflation hedge’; an investment that ostensibly...

Following a 7.6% surge from late September, the price of gold is now sitting ~$US1,860/oz for the first time since June. The Aussie price is looking even better, which is great news for our local producers: USD (dark) and AUD (light) gold p...

Growing concerns about inflation could send gold prices soaring back above the US$2,000 ($2,746) an ounce mark it last reached back in 2020. Prices of the precious metal have already been rising steadily over the past fortnight, up some 3.7...

Commodity prices rebounded hard in 2021, and the metals and mining sector benefitted. That trend looks set to continue into next year, according to S&P Global’s  The Big Picture: 2022 Metals and Mining Industry Outlook report. Rising d...

A global carbon taxation regime could slash gold miner profit margins by up to 45% unless an effort is made to reduce greenhouse gas emissions, Metals Focus says. Some countries, such as Canada and Sweden, already impose carbon taxes and th...

Hot Chili (HCH) will soon carry out another capital raise as part of its planned dual listing in Canada on the TSX-V HCH recently raised $40 million in capital, with support of mining giant Glencore, to buy all of the Cortadera copper-gold...

The gold price may be in a holding pattern at ~$US1,800/oz, but Aussie gold miners continue to throw piles of cash at acquisitions and new developments. Westgold (ASX:WGX) looks increasingly likely  to hoover up struggling producer Gascoyne...

Gold stocks are cheap, experts keep saying. Well-known analyst Jesse Felder has now demonstrated the “pathetic performance” of the US gold majors in handy chart form. The US listed BANG stocks (Felder’s play on FANG) include gold giants Bar...

The +9Moz, ~350,000ozpa ‘Kyuchus’ field will be one of Russia’s biggest gold mining projects. Kyuchus was first discovered in 1963, but its isolation in the harsh Arctic climate of the Yakutia region has, so far, stymied numerous developmen...

Investors want to see gold miners wisely grow their production profile. Not like miners did during the last cycle, when some irrational, highly priced M&A action destroyed significant wealth. The big gold miners have a “lousy recent his...

Hot Chili continues to unravel the geological secrets at its 100 per cent owned Cortadera copper-gold deposit in Chile after it tabled a bumper 610m intercept at 0.5 per cent copper-equivalent which includes a high-grade 138m core going 0.8...

There is a lot of uncertainty in the market due to tensions in China, rising interest rates and continuing economic recovery of the global COVID-19 pandemic, with investors fleeing for safe havens to park their cash in. Safe havens like gol...

Drilling at Hot Chili’s Cortadera discovery in Chile has yielded yet another extension to the northern flank of the main Cuerpo 3 porphyry deposit. The latest hole CRP0134D returned another of the hallmark wide intersections that define Cue...

Chilean copper-gold explorer Hot Chili (ASX: HCH) says drilling at its Cortadera North Flank continues with one hole returning at 610m intersection grading 0.4% copper and 0.1 grams per tonne gold from 216m down hole. It included a 138m int...

Hot Chili’s pre-feasibility study into its 100 per cent owned Costa Fuego copper-gold development in Chile is gaining momentum. A materials handling scoping study has revealed significant time and cost savings when implementing a “rope conv...

A materials handling scoping study has identified a lower-cost solution for Hot Chili (ASX: HCH) to transport ore from its proposed Cortadera mine to the nearby Productora deposit for processing. According to Hot Chili, the scoping study ha...

The biggest director trade on the ASX in the past fortnight came from one of Australia’s most famous pub barons – Bruce Mathieson of Endeavour Group (ASX:EDV). Mathieson is 63rd on the Top 22 rich list with a net worth of $1.54 billion. End...

The valuations of major gold miners remain weak despite falling debt and record dividends, according to the latest Metals Focus Gold Peer Group Analysis. Australia’s largest gold miners Newcrest (ASX:NCM), Northern Star (ASX:NST), and Evolu...

Hot Chili has wrapped up a deal to acquire 100 per cent interest in the company’s world-class Cortadera copper-gold discovery in Chile after the final instalment of US$15 million was paid by Hot Chili to the original project owner SCM Carol...

Highlights At the opening, the benchmark ASX 200 index was trading higher by 12.4 points at 7,309.3. The IT sector is leading with a gain of 1.15%, followed by a gain of 0.72% in the utilities sector. Hot Chili has exercised its optio...

Perth-based exploration company Hot Chili (ASX: HCH) has made a final $20 million payment to secure ownership rights to the world-class Cortadera copper-gold discovery in Chile. The company made the payment to Chilean mining group SCM Carol...

Hot Chili has unearthed two large geochemical targets at its Costa Fuego copper-gold development hub in Chile. Employing the latest advanced 3D technology, Hot Chili says both targets are larger in size than the main Cuerpo 3 porphyry at th...

It’s been a frustrating few months for gold bulls. As an investment hedge, gold shines during periods of poor or volatile market sentiment. It loves drama like pandemics, civil wars, or the unprecedented failure of the Lehman Brothers in 20...

Hot Chili’s Cortadera copper-gold discovery is already hot property, but as the latest drill results show, there is still plenty of potential to spice things up further. The company’s latest hole CRP0124D returned a broad intersection of 36...

Chilean copper-gold explorer Hot Chili (ASX: HCH) is readying to begin drilling newly identified large-scale exploration targets as it lifts its growth horizon at the Costa Fuego copper-gold hub. Costa Fuego is the combined Cortadera and Pr...

Hot Chili’s exploration success continues with more high-grade copper-gold intercepts across the northern flank of its Cortadera deposit in Chile. The new intercepts have effectively increased the width of the main porphyry, Cuerpo 3, by a...

Gold continues to consolidate around $US1,800/oz which, if we went back in time to July 2020, would be cause for celebration. Back then $US1,800/oz was an eight-year high and bullish sentiment was nudging even the shittiest exploration stoc...

Hot Chili’s Cortadera copper-gold discovery is already hot property, but as the latest drill results show, there is still plenty of potential to spice things up further. The company’s latest hole CRP0124D returned a broad intersection of 36...

Hot Chili (ASX: HCH) has hit higher-grade copper extensions across the northern flank of its Cortadera deposit in Chile. Drilling across the northern flank of the deposit’s Cuerpo 3 target (and main porphyry) unearthed 362m at 0.6% copper-g...

Hot Chili has appointed John Hearne as executive studies manager to lead the company’s Costa Fuego copper-gold pre-feasibility studies (PFS). The Costa Fuego Hub (Cortadera, Productora and El Fuego projects) has a combined mineral resource...

Following a $40 million capital raising earlier this month, Hot Chili (ASX: HCH) has firmed up its majority ownership of Productora by removing Compañia Minera del Pacifica’s (CMP) option to purchase an additional interest in the project. C...

Hot Chili continues on the path to becoming an ASX copper major, eliminating Compañía Minera del Pacífico’s  (CMP) option to purchase a big chunk of the ‘Productora’ copper-gold project in Chile. CMP is a subsidiary of Compañia de Aceros de...

Gold bugs would be breathing a sigh of relief this week as the price stabilises just shy of $US1,800/oz ($2,463/oz Aussie) thanks to Monday’s healthy 1.5% gain. While there are plenty of other red hot sectors attracting investor dollars rig...

The gold price itself had 12 months of consolidation. Now we are entering a new stage of a bull market which Barry Dawes of Martin Place Securities believes “will take it much, much higher”. In the big scheme of things, the pullback we have...

The global economic recovery, coupled with the mass adoption of lithium batteries in the EV sector, has seen copper rally as much as 120 per cent from the crash of March 2020. Copper is heavily used in the manufacturing of a wide range of g...

Stockhead’s Market Movers video series features one-on-one interviews showcasing the major announcements of emerging ASX companies. In this instalment, veteran resources journalist and ‘Garimpeiro’ columnist Barry FitzGerald interviews Chri...

On Sunday, a chaotic ‘flash crash’ saw the gold price plummet into the $US1600s per ounce before staging a mild recovery. Experts mostly point to a better than expected jobs report out of the US for heavy selling that saw the traditional he...