Articles On Legend Mining (ASX:LEG)

Cobalt prices hit US$70,000/t in December; a 119% increase over 12 months ‘While Gigafactories pop up at record speeds, developing industrial-scale [cobalt] mines still takes 10-15 years’: Eurasian Resources Group Lithium producers are rak...

Tesla rakes in biggest quarterly profit ever as EV sales explode. Elon Musk says iron, not nickel-rich chemistries will power “Terrawatt-hour” energy storage business. GWR Group trades iron ore for magnesium in green push. Our High Volta...

Gold and junior resources stocks were some of the only companies to stand out on Friday during a lacklustre session which saw the ASX 200 fall by 1.09%. The big end of town was outperformed by the microcap Emerging Companies index which edg...

Australia’s shares finished the last trading day of the week in the red, with only Utility stocks being able to enjoy marginal gains. The market has been dragged down by technology companies, with the sector down 3.61 per cent, followin...

The past fortnight saw ~$62.79m in big director sales and a more modest ~$20.5m in buys but the biggest buy of the week came from a relatively new gold producer. Emerald Resources (ASX:EMR) director Ross Stanley bought just over $1 million...

Alien Metals has mobilised to restart the Elizabeth Hill silver mine near Karratha in Western Australia, with machinery and equipment weeks from re-entering the dormant operation. The mine has been mothballed since 2000, when previous joint...

Legend Mining (LEG) completes the data acquisition phase of a 3D seismic survey over the Mawson prospect within the Rockford Project in Fraser Range, WA The survey was carried out on a 6.5 square kilometre area over six weeks to define the...

The company has completed the data collection phase of its activities at the prospect and will use assay results to define and rank new diamond drilling targets for the 2022 field season.

US stocks fall ahead of Fed meeting On Wall Street, all three major benchmarks finished lower ahead of the final US Fed meeting of the year, to be held today (US time). After last week’s best weekly gain since February, the S&P 500 fell...

DMC Mining is returning to the ASX and gearing up for a $5 million IPO at $0.20 per share in December to explore its nickel tenements in the Fraser Range and Ravensthorpe in WA. Ten years ago, the previous iteration of the company was focus...

Geological, structural and geochemical datasets will be combined with seismic, gravity, magnetic and DHTEM datasets to design its 2022 diamond drill program to test targets for massive nickel-copper sulphide accumulation.

Lithium boom to continue in 2022: S&P Global Elon Musk under pressure to sell ~$US21bn worth of Tesla stock Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths,...

Legend Mining (LEG) begins a 3D seismic survey at the Mawson prospect within the Rockford Project in Western Australia The survey will be undertaken by HiSeis with Barry Bourne from Terra Resources hired as a consultant The aim of this s...

The data collection phase of the survey will be carried out on site over the coming weeks with the final processed results expected at the end of February 2022.

Legend Mining (LEG) reports drilling results from its Rockford project in WA have intersected prospective host rocks The business has been carrying out surveys and aircore and diamond drilling at the Crean, Hurley, and Northerly prospects...

“The early success from the new Northerly prospect is particularly pleasing with anomalous geochemistry indications from aircore, sulphides in intrusive host rocks observed in diamond drill core and a large shallow conductor from the MLTEM...

China’s ongoing energy shortage starts to affect domestic battery materials production Tesla ditches nickel, cobalt as prices soar Pilbara Minerals’ (ASX:PLS) third spodumene auction unofficially scheduled for October 26 Weekly small cap s...

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, and vanadium.   Lithium carbonate prices are going gangbusters off the back of limited supply and stable lithium-...

Legend now has three prospective locations - Mawson, Octagonal and Magnus - for the accumulation of the massive nickel-copper sulphides it was seeking.

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, and vanadium.   While the outlook for commodities like iron ore has deteriorated – and is expected to deteriorate...

Australian nickel miners are swinging in 2021 as EVs provide long-term support for the forms of the rebounding battery metal expected to fuel the energy storage revolution. Nickel, and particularly nickel chemicals derived from the clean, h...

The ASX finished September on a solid note but not enough to avoid the worst month since March 2020. The ASX 200 closed at 7,332 points which was 1.88% higher than yesterday but nearly 3% lower than it started the month at. However it is up...

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel and vanadium.   Due to hit the bourse Tuesday is PPK Group (ASX:PPK) spin out Li-S Energy (ASX:LIS) which may have developed a...

Ongoing global demand for nickel and copper together with a strong gold price environment are the driving forces behind an initial public offering launched this week by Dundas Minerals. The Perth-based junior hopes to raise a maximum $6 mil...

The company has reported on the first two holes drilled at the Octagonal and Mangus targets, confirming their base metal prospectivity as Legend works to discover the next nickel-copper mine in WA’s Fraser Range.

The company’s exploration focus is on its nickel-copper sulphide Rockford Project with its partners and major shareholders Creasy Group and IGO Ltd.

When is the last time the world’s biggest miner BHP got down and dirty in a takeover battle for a junior explorer with its foot on some prime exploration ground? Well, err… never. But that’s just what BHP did recently when it took on Forte...

Diamond drilling has extended the chonolith to the northeast and expanded the ultramafic core with nickel-copper mineralisation identified adjacent to DHTEM conductors.

Integration of diamond drilling, reverse circulation, aircore and geophysical datasets continue to evolve the 3D emplacement model of Mawson and assist future diamond drill hole planning and design.

Roskill forecasts demand for nickel chemicals to grow by over 500% between 2021 and 2030 It’s not just metals: battery makers are also getting hit with sharp price rises and supply shortages for non-active materials Several lithium players...

The company has started a campaign comprising diamond and aircore drilling over Magnus and Octagonal prospects with both characterised by ‘eye’ shaped aeromagnetic features and the presence of highly favourable mafic/ultramafic intrusive ho...

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel and vanadium. Last week, ASX lithium stocks went mental. The spark was Pilbara Minerals (ASX:PLS)  with its announcement that t...

Newly-listed explorer NickelX (ASX: NKL) has commenced a Phase 1 maiden drilling program at its Fire Dragon target within the Biranup nickel-copper project in Western Australia’s prolific Albany Fraser Orogen. The $310,000 program will comp...

Fortescue Metals Group (ASX:FMG) CEO Elizabeth Gaines predicts steel production in China will not drop below 2020 levels despite talk of production cuts in the steelmaking powerhouse. She told delegates at the Diggers and Dealers Mining For...

It is 2021 and green hydrogen always had to make an appearance, so Fortescue Metals Group’s (ASX:FMG) closing presentation at 3.30pm AWST will be one to look out for. CEO Elizabeth Gaines is not Twiggy Forrest himself, who seems to have com...

It took a full five years for electric vehicle sales to reach 1 million in 2015. Since then, things have gone exponential. In 2021, we are hitting those numbers in weeks and months, not years. In China about 235,000 plug-ins were sold in Ju...

The latest drilling results of IGO’s 809m diamond drill hole through the Orion prospect into Boadicea’s Symons Hill exploration licence is proving the existence of a mineralised intrusive structure and provides an exciting base for further...

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel and vanadium.   Only four battery gigafactories — super-sized producers of lithium-ion battery cells — were being planned in 20...

The latest results from ongoing exploration are in, identifying strong conductors to expand the asset’s nickel-copper mineralisation and confirming a prospective intrusive 2 kilometres to the south.

Our High Voltage column wraps all the news driving ASX battery metals stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, and vanadium.   The structural shift from fossil fuels to green energy is all but locked in. Now t...

The multi-element data received as part of the assay suite will continue to provide critical data to existing datasets to further improve the company’s understanding of the chonolith driving the mineralisation at Mawson.

Summary The ASX 200 closed lower by 19 points or 0.27% at 7142.60. The Australian dollar and bond yields rise after the RBA policy decision. The RBA kept interest rates steady at record lows to support the economic growth. Austral...

Small caps have dipped for a second straight day following their seven-day winning streak. The Small Ordinaries index closed yesterday down 12.1 points, or 0.37 per cent, to 3,278.8. Larger companies fared a little bit better, with the ASX2...

Summary MetalsTech has completed its diamond drilling program at the Sturec Gold Mine. Vonex has finally wrapped up the integration of Nextel into its business operations. Legend Mining has discovered a new zone of massive/semi massiv...

Drilling is continuing with two diamond rigs at Mawson systematically testing across priority areas.

The Legend Mining Ltd (ASX: LEG) share price is rocketing higher today, up 21% at the time of writing. Below, we take a look at the latest drill results from the ASX resource explorer. What results did Legend Mining report? Legend Mining’s...