Articles On Legacy Iron Ore (ASX:LCY)

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...

  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...

Aussie nickel industry continues a tumultuous ride as First Quantum pulls pin on Ravensthorpe mining operation Expert outlook for nickel more broadly? Modestly crap. Righto, could be worse… Hang on, Pilbara Minerals might’ve just given lit...

Gold’s price was looking a bit lethargic after warm CPI weather blew in The World Gold Council eyes emerging markets and ‘seasonal strength’ in January The week’s top ASX gold-related stocks led by: GUE, CXU, SIH   Gold bugs will be hopin...

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...

Silver industrial demand is expected to break records in 2023 thanks to booming solar PV sector Silver market will post another sizeable 140Moz deficit in 2023 “These deficit conditions to persist for the foreseeable future”: Metals Focus...

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...

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...

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...

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...

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...

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...

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...

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...

  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...

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...

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...

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:...

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...

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...

  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...

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...

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...

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...

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...

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.

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...

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...

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...

  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...

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).

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...

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...

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)...

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...

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...

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...

Iron ore has in recent memory performed extraordinarily poorly in the second half thanks to a recent cycle of unfettered steel output in the first half of the year in China followed by a string of Government controls to keep output falling...

Once a niche industry, lithium is now one of the biggest money-spinners in the resources space Majors who stayed away from the market in its formative years are now taking baby steps into the novel space as electric vehicle demand continu...

Mineral Resources could face a deadline in its efforts to create a new magnetite iron ore province in WA’s Yilgarn region Fenix Resources shares drop despite $29m profit as dividend more than halves Bowen Coking Coal retools as Bathurst R...

BHP sees cost support for iron ore prices at between US$80-100/t It suggests strong margins could remain in place for a while, even as majors look to ramp up iron ore supply and questions hover over Chinese steel demand The process to sel...

Similarities between the 1970s bull run, which saw gold soar 2,300%, and today “If the 1970s analogy holds, the next leg will be explosive”: Goehring and Rozencwajg This week’s top ASX precious metals stocks Our Gold Digger column wraps a...

China’s gold imports have risen a massive 16% in the first half of 2023 Spot prices are down following the US Fed hiking interest rates to 5.5% De Grey has gold options here, there and everywhere in the Pilbara Our Gold Digger column wrap...

IEA predicts coal demand will remain around record levels in 2023, driven by China, India and South-East Asia Exports of thermal and met coal could outstrip 2019 record Rio boss admits China steel may have peaked Coal is on the nose with...

Around 70% of the world’s steel is still made in coal-fired blast furnaces which pump out two tonnes of CO2 for every tonne of steel produced, accounting for ~7% of global greenhouse gas emissions. A sizeable number. Emissions from steel mu...

Gold surges to US$1960 on geopolitical risk, softer inflation figures Sold down ASX producers, project developers enjoy strong gains 5 +$1bn capped gold stock ink double digit gains, the rest not far behind Our Gold Digger column wraps al...

The All Ordinaries Gold Sub-Index (comprising 24 gold stocks)  is up 15.44% YTD, a massive 40.1% over the past 12 months, and 27% over the past 5 years Gold miners begin rolling out FY23 results Standout small caps of the week: Titan Miner...

Gold dips its toe below $US1900/oz, but it was too cold so it pulled back up Ora Gold scores a strike at Garden Gully Northern Stawell upgrades its gold inventory 59% Tanami to prove up more resources at its namesake gold project in the NT...

Try predict what commodity prices will do, and iron ore in particular, and they will make a fool of you. That’s what analysts, economists and forecasters do without any real sense of certainty, especially given the opaque nature of the Chin...

Albemarle returns to WA lithium fray with $30m deal with ASX junior Corporate activity continues to ramp up in WA’s battery metals sector Lynas eyes August start for Kalgoorlie plant production Maybe Albemarle needs to get on Ozempic, the...