Articles On Legacy Iron Ore (ASX:LCY)

Title Source Codes Date
High Voltage: Aussie government throws graphite and HPA projects a tasty bone or two

Alpha HPA and Renascor Graphite receive a big sugar daddy hug from Albo this week Lithium news: the “spot” pricing is trending… steadily right now. So that’s okay KTA, LU7 and NWM make strong battery metals gains on the ASX this week   A...

Stockhead LCY 1 day ago
High Voltage: Lithium prices bounce, as (some) sector analysts forecast strong EV demand

Lithium ‘spot’ prices outta China make a bit of a recovery to start the week  EV demand remains intact, says one prominent expert. Not everyone agrees Indonesia keeps blowing up global nickel industry, while copper looks good   Where are...

Stockhead LCY 2 weeks ago
First gold sale for Mount Celia

Image: Phawat/shutterstock.comWestern Australian explorer Legacy Iron Ore has completed the first gold ore sale from its Mount Celia project. The Mount Celia deposit lies in Legacy’s Read MoreAustralian Mining.

Australian Mining LCY 2 weeks ago
Bulk Buys: Baltimore bridge collapse puts spotlight on coal supplies

Coal markets are on watch for the impact of a shocking bridge collapse blocking the Baltimore port Jarden says stronger Asian steel spreads linked to lower iron ore and met coal prices will be positive for BlueScope Iron ore unlike to dip...

Stockhead LCY 3 weeks ago
High Voltage: Lithium dips as Citi bears pipe up, but PLS downstream move points to ‘up cycle’

Lithium spot pricing has dipped, but that futures ‘contango’ is still in play Citi analysts take a bearish view on lithium short to mid term PLS’s downstream move with Ganfeng turns heads    Where are lithium and other battery metals at t...

Stockhead LCY 3 weeks ago
Gold Digger: Gold vs Bitcoin, analysts vs analysts – store of value narratives get in the ring

Gold hit a US ATH, then dipped a tad, but not by much. In fact, it’s doing pretty well on the whole… … It’s less volatile than Bitcoin, anyway, which is a good or bad thing depending on outlook Speaking of which, RBC has some fairly cautio...

Stockhead LCY 4 weeks ago
Bulk Buys: BHP lauds cost control as iron ore prices wobble and African supply rush looms

Iron ore prices briefly dipped below US$100/t last week as weak steel fundamentals bite in China BHP’s new CFO Vandita Pant says African iron ore could disturb a balanced market between supply and demand But the world’s biggest miner is b...

Stockhead LCY 4 weeks ago
Gold Digger: Gold pulls back but gets to grips with sticky inflation situation

Gold has pulled back from very recent highs after the latest ‘sticky’ US inflation figures But… the price action in general looks pretty solid from where we’re sitting, and so does the TA Leading ASX goldies this week include: BMR, BMO, GS...

Stockhead LCY 1 month ago
High Voltage: Lithium market recovery narrative picks up. Perfect storm brewing?

What’s shaking in the land of the lithium lizards? (And other battery metals.) Let’s see…    Is there something of a perfect storm forming for lithium right now? A positive perfect storm, that is. Lithium prices have been absolutely poleaxe...

Stockhead LCY 1 month ago
Gold Digger: Yellow metal on the March as WGC eyes central bank and election boosts

Gold hit an all-time high this week, ending Friday in strong form The World Gold Council predicts global elections and Fed cuts could keep the precious metal elevated ASX gold stocks performing well this week included: KNB, SXG, AWJ   Wha...

Stockhead LCY 1 month ago
High Voltage: Lithium prices look to turn corner, while Aussie businesses take EV high road

What’s happening here and there with this and that pertaining to battery metals on February 29? Let’s take a look…    While the Australian nickel industry is very much pushed to the edge of the nickel universe in the midst of an Indonesian-...

Stockhead LCY 1 month ago
Bulk Buys: As iron ore hits first bump of 2024 road, Vale pledges focus on quality

Vale reported a strong fourth quarter, but has pledged to add quality tonnes in iron ore rather than just boost scale Executives at the Brazilian giant say while grade premiums are weak, the pellet market will stand out Needed in green st...

Stockhead LCY 1 month ago
Gold Digger: Central banks just can’t get enough. Stockpiling could continue for years, says ANZ

ANZ analysts believe ’emerging’ central banks could buy over 600t of gold annually until 2030  Citi isn’t totally ruling out a US$3,000 gold price in next 12-18 months US gold mining giant Newmont divests six gold mines and two other gold...

Stockhead LCY 1 month ago
Bulk Buys: BHP and Coronado look to India to keep bulk metals in sweet spot

Iron ore prices shocked to the upside last year, with BHP saying ‘contestable demand’ has eluded bearish estimates for the past five years BHP CEO Mike Henry is bullish on India as a growing hub for steel production, but coking coal could...

Stockhead LCY 1 month ago
High Voltage: CATL mine shutdown speculation keeps lithium investors’ glasses half-full

Speculation regarding shutdown of huge Chinese lithium mine raises industry’s eyebrows Low lithium prices are ‘unsustainable’ says Albemarle boss ASX battery metal leaders over the past seven days include: ARR, SYA, AUZ Another lithium-he...

Stockhead LCY 1 month ago
Gold Digger: Druckenmiller time. Billionaire increases exposure as gold reclaims US$2k

Gold recovers US$2k after weak retail sales data gets thrown into the economic soup in America Moneybags former hedge fund bloke Stanley Druckenmiller is increasing his gold exposure The week’s best performing ASX goldies include: TG1, TGM...

Stockhead LCY 2 months ago
St George to spin the drill at Mt Alexander after identifying huge lithium anomalies

Sampling results at Mt Alexander show strike length of >2.7km More than 500 pegmatite outcrops mapped to date Drilling at newly discovered targets planned for next month   Special Report: Soil sampling results from St George Mining’s M...

Stockhead LCY 2 months ago
Gold Digger: Don’t expect a rally soon but H2 could be golden, agree top analysts

  The price of gold is in a holding pattern, threatening to dip in short term, according to Metals Focus analysis Metals Focus, like Japan’s biggest bank MUFG, however, has a more positive outlook for gold later this year Top-performing AS...

Stockhead LCY 2 months ago
Bulk Buys: Coking coal rallies as iron ore feathers Australia’s nest

Coking coal prices surge as China looks to tackle safety at deadly Shanxi coal mines China threatens iron ore price crackdown, in perpetually ineffective jawbone Perth and Canberra continue to get fat on iron ore outperformance Coking c...

Stockhead LCY 4 months ago
Bulk Buys: Fortescue cops a strike while the iron ore’s hot

Andrew Forrest’s FMG copped a first strike against its remuneration report for executive and director payments defended by the mining billionaire Fortescue’s iron ore boss says its new blend of “green” high grade and low grade iron will h...

Stockhead LCY 4 months ago
Gold Digger: Banking on it – ANZ upgrades gold outlook, SocGen sees further upside

Spot gold prices are up since this time last week, and ASX goldies are benefitting ANZ upgrades its gold outlook for rest of this year, and 2024  The week’s top ASX gold-related stocks led by: TG1 and CPM   First things first, let’s just...

Stockhead LCY 5 months ago
High Voltage: Exxon lithium pivot to push lithium narrative into overdrive; EV sales surge in Europe

Oil and gas titan ExxonMobil reveals big bold lithium-producing plans Despite recent bearish lithium spot prices, EV sales are surging in Europe S&P Global believes lithium supply will need to increase 270% to meet future demand Weekly...

Stockhead LCY 5 months ago
Bulk Buys: Are booming iron ore prices real or are they a bet on a future we’ll never see?

Iron ore is trading near US$130/t, with investment bank analysts ratcheting up forecasts for 2024 Big banks remain more sceptical that iron ore can hold as China’s property market and emissions reduction hopes loom Glencore joins with Asi...

Stockhead LCY 5 months ago
Gold Digger: Lacklustre week ends on brighter note for yellow metal, as China hoards like there’s no tomorrow

US, Aussie spot gold prices down this week, but safe haven could soon find demand Canadian gold expert: hyperinflation contagion spreading to US The week’s top ASX goldies: North Stawell Minerals and Nagambie   It wasn’t the greatest week...

Stockhead LCY 5 months ago
St George fully charged at Mt Alexander after another battery giant increases stake

Chinese clean energy giant Jayson increases its stake in St George Mining via $3 million investment Second recent major investment in the lithium explorer following strategic position taken by ATL last month Mt Alexander fast becoming a pr...

Stockhead LCY 5 months ago
High Voltage: WA gov looks downstream in battery minerals strategy; Piedmont Lithium up on sales profits

Western Australia’s government is re-energising its battery and critical minerals strategy and looking for feedback Piedmont Lithium has turned in inaugural revenue and profit on lithium shipments What’s hot, what’s not on the ASX for batt...

Stockhead LCY 5 months ago
Gold Digger: Production goes nuts as all time gold mining record nears and long-term road looks solid

New World Gold Council report points to thriving gold industry and long-term demand Meanwhile, gold prices are still healthy but fractionally down from this time last week The week’s top ASX goldie gainers: STK, TIE, ENR   Right then, gol...

Stockhead LCY 5 months ago
High Voltage: Battery metal bears are out in force but ‘lithium demand is absolutely there’, says PLS boss

  Lithium prices continue to slump amid weak Chinese economic scene Albemarle quarterly profit expected lower, while UBS downgrades EV demand outlook  But wait… PLS boss is still upbeat on lithium demand, and MinRes grabs more of hot stock...

Stockhead LCY 5 months ago
Bulk Buys: House of Hancock banks $5 billion profit as Roy Hill hits iron ore record

Gina Rinehart’s Hancock Prospecting pulled in a profit of over $5 billion for the third year running Its 70% owned Roy Hill mine, where the company will roll out its first electric locomotive next year, remains the mainstay TerraCom dumps...

Stockhead LCY 5 months ago
‘There’s more to the Ida Fault than meets the eye’: Western Yilgarn says there are lithium, precious and base metals giants waiting to be discovered

WA’s Ida Fault has incited a new wave of lithium pegging but WYX says there’s more to the area than just lithium The company has generated 9 multi-commodity drill targets at its flagship Bulga project after applying grassroot exploration...

Stockhead LCY 5 months ago
Gold Digger: AI tech boom will supercharge precious metals demand, claims new report

New report from Metals Focus predicts AI adoption could play a big role in tech sector’s need for gold and other precious metals Gold price momentum slows but still looks technically strong, says analyst The week’s top ASX goldie gainers:...

Stockhead LCY 5 months ago
Bulk Buys: Are iron ore grades going to get higher or lower? The narrative is confusing

Low grade iron ore has been resilient in spite of rising enthusiasm for green steel But Champion Iron says signals for stronger high grade iron ore demand are emerging BMI says coking coal rally could run further in 2023 before moderating...

Stockhead LCY 5 months ago
High Voltage: Lithium prices and EV sales are up… Does this mean rock bottom’s been hit?

Don’t want to jinx it too hard, but maybe, just maybe, lithium prices have touched the bottom. (Yep, definitely jinxed it) Meanwhile EV sales are well up again, with beaut global figures for September making the rounds And LPI and LTR have...

Stockhead LCY 6 months ago
Monsters of Rock: Albemarle came to play baseball at Liontown only to find Australia plays cricket

  Gina Rinehart’s successful pick up of $1.3 billion, 19.9% stake in Liontown Resources complicates Albemarle’s planned $6.6b takeover The US suitor extended its month long due diligence by another week amid the ructions Materials sector l...

Stockhead LCY 6 months ago
Bulk Buys: Mark Creasy eyes the iron throne, Rio gets bullish on Pilbara pipeline

High prices, low discounts set stage for development of CZR’s Robe Mesa deposit in the Pilbara Rio Tinto ramps up low grade iron ore sales to lift output With CZR on Rio’s doorstep could the DFS finally be the trigger for a takeover? Ma...

Stockhead LCY 6 months ago
Gold Digger: US$3000/oz? Analysts are still predicting a fairytale 2024 for the prettiest commodity of them all

ING downgrades Q4 gold price forecasts, but expects prices to move higher again in Q1 “on the assumption that the Fed will start cutting rates” Bloomberg commodities guru Mike McGlone: $US3000/oz may be “rendezvous point” ASX gold stock of...

Stockhead LCY 6 months ago
Legacy Iron kicks off drilling in WA

Legacy Iron Ore (ASX:LCY) is starting reverse circulation (RC) drilling at its Yilgangi and Patricia North tenements in Western Australia.  The $96.1 million market capitalisation company plans to complete about 3,000m of drilling across...

Mining.com.au LCY 6 months ago
Legacy and Linden ink infrastructure sharing deal

Legacy Iron Ore (ASX:LCY) is looking to rapidly transition its Mount Celia Gold Mine to production on the back of an infrastructure-sharing agreement with Linden Gold Alliance.  Legacy, which has a $96 million market capitalisation, says...

Mining.com.au LCY 6 months ago
Infrastructure-sharing deal with Linden Gold Alliance to help Legacy Iron Ore save costs mining Mt Celia

Legacy Iron Ore will make use of Linden Gold Alliance’s nearby Second Fortune camp and airstrip as it starts mining its Mt Celia gold operation in the northern Goldfields.

The West LCY 6 months ago
Legacy Iron greenlit to mine Mount Celia

Legacy Iron Ore (ASX:LCY) has received final approvals by the Department of Mining, Industry, Regulation and Safety (DMIRS) for the mining proposal and closure plan of its  Mount Celia gold deposit.  The $96.10 million market capitalisat...

Mining.com.au LCY 6 months ago
In Case You Missed It: Heavy minerals and lithium wheelin’ and dealin’

Stockhead’s In-Case-You-Missed-It highlights today’s most interesting small cap stories that might have slipped beneath your radar. Below is a wrap of the top 20 performing stocks, by percentage, who made announcements today.   ICYMI Leader...

Stockhead LCY 6 months ago
ASX down 1.19% at noon: New housing approvals experience growth

At noon, the S&P/ASX 200 is 1.19 per cent lower at 6,949.20. In August, new housing approvals experienced a significant rebound, growing by 7 percent compared to a revised figure of -8.1 percent in July. This increase was primarily driv...

ShareCafe LCY 6 months ago
Stocks of the Hour: ECS Botanics, Nimy Resources, Legacy Iron Ore

  ECS Botanics (ASX:ECS) has secured a $24 million offtake agreement with MediCann Health for the supply of medicinal cannabis. Commenting on the agreement, ECS Managing Director, Nan-Maree Schoerie said: “ This agreement not only reinforce...

ShareCafe LCY 6 months ago
Stocks of the Hour: ECS Botanics, Nimy Resources, Legacy Iron Ore

03 Oct 2023 - A snapshot of the stocks on the move, featuring ECS Botanics (ASX:ECS), Nimy Resources (ASX:NIM) and Legacy Iron Ore (ASX:LCY).

FNN LCY 6 months ago
Gold Digger: China banks into bullion, De Grey raises $300m to stave off M&A sharks and WA ASX juniors find paydirt

China’s property market and depressed yuan has domestic investors flocking to gold Price differences between Shanghai spot gold and the West have gone from a decade average of US$6 to more than US$100 of late De Grey’s DFS is out with a $3...

Stockhead LCY 6 months ago
Juno charges up Mt Ida lithium growth with $3.6m entitlement offer

In the latest good news for Juno Minerals investors, the emerging lithium and iron ore play has launched a one for three entitlement offer of up to $3.6m. The announcement follows last week’s news of infill soil sampling results that are hi...

Stockhead LCY 6 months ago
Could Juno be sitting on a significant lithium haul near its Mount Ida magnetite project?

What started out as a hunt for magnetite in Western Australia is looking mighty promising for lithium, with Juno Minerals uncovering two significant, well-defined lithium-caesium-rubidium-beryllium soil anomalies. Juno Minerals’ (ASX:JNO)...

Stockhead LCY 7 months ago
Bulk Buys: Green steel is turning real as Fastmarkets launches Asian green steel premium index

A green steel market has taken another big step after Fastmarkets launched its first Asian green steel premium on Friday Fastmarkets regional editor Asia Paul Lim told Stockhead premiums paid for low carbon steel had been seen in excess o...

Stockhead LCY 7 months ago
Gold Digger: Australian miners rejoice as gold price flirts with record highs

At $3014/oz, local gold is currently paying near record prices Should these current levels hold, Aussie miners could be looking at another big income bump in FY24 Top ASX Gold Stories of the Week: Southern Cross Gold, Toubani Resources Ou...

Stockhead LCY 7 months ago
Monsters of Rock: Will Albemarle have to up its Liontown bid, Vale’s iron ore crystal ball and Red 5 ramps up resources

Liontown Resources shares surge as potential blockers muscle in on Albemarle takeover Vale maps out future of iron ore as it seeks quality and quantity Red 5 rises on reserve and resource update at King of the Hills   We’d all assumed no...

Stockhead LCY 7 months ago