Articles On Mincor Resources (ASX:MCR)

05 Jul 2023 - Wyloo Metals has finalised its $760 million takeover of Mincor Resources to secure its position in the global nickel supply chain.

Weekly update on stockbroker recommendation, target price, and earnings forecast changes. By Mark Woodruff Guide: The FNArena database tabulates the views of eight major Australian and international stockbrokers: Citi, Bell Potter, Macquari...

Mincor Resources has confirmed it won’t meet the terms of a nickel purchase agreement with BHP and will seek a waiver for this financial year.

Mincor Resources has announced that Wyloo Metals’ takeover offer is set to close on July 5 and is urging shareholders to accept the offer on or before this date. Wyloo currently holes 80.22 per cent of shares in Mincor, making a competing...

Australia’s critical minerals plan released Benchmark says the world needs US$66b of nickel investment Advanced-stage nickel explorers are on the cusp of mine development   Our High Voltage column wraps the news driving ASX stocks with ex...

Brazilian nickel developer Centaurus Metals (ASX: CTM) is poised for a substantial re-rating, according to new research notes released by mainstream brokers in Australia and North America. Two new reports – by Perth-based Argonaut Securitie...

It’s a critical minerals fire sale for investment in the NT, and its government is on board Vanadium is hot. When wasn’t it though? It’s used in rockets And Nolans looks like it’s shaping up to become Australia’s next big REE producer,...

High grade nickel producer Mincor Resources has provided an update on key business activities such as nickel operations and financial activity. Operational highlights include the company’s nickel-in-concentrate production adding to 1839 to...

Lithium spot pricing reportedly plummeted in Q1 2023 And yet ASX lithium producers recorded small downturns, or even minor increases in prices Small Caps of the Week: Westar, Wildcat, WA1 Our High Voltage column wraps the news driving ASX...

Kambalda nickel miner Mincor Resources says it is on track to produce 600,000 tonnes of ore earlier than planned after strong production in the June quarter. 

Wyloo Minerals has increased its shareholding in Mincor Resources to 72.77 per cent and announced a notice of final extension. The offer has now been extended to July 5, less than a month after it was extended to May 22. Wyloo’s offer to M...

Investment banks have turned bullish again on the lithium sector, making sold down stocks look attractive Canaccord’s best lithium stock IN THE WORLD (for upside) is Cleantech Lithium (AIM:CTL) ASX small caps of the week: Westar, Wildcat...

Dynamic Metals (ASX:DYM) has begun a fresh reverse circulation (RC) drilling program at the Dordie Far West (DFW) nickel prospect within its Widgiemooltha Project in Western Australia.  The planned 400m drilling program is designed to follo...

Dynamic is carrying out follow-up drilling at its flagship Widgiemooltha project to determine if a Kambalda-style nickel deposit is indeed present at the Dordie Far West prospect. Maiden drilling at the prospect had returned thick, high-gra...

Nickel producer Mincor Resources has awarded a haulage contract for its Kambalda nickel operations to Kooda Contracting. Kooda Contracting is a haulage service company that supply bulk haulage earthmoving equipment. The company have locati...

Wyloo Metals has reached another milestone in its takeover of nickel miner Mincor Resources after the target’s second-biggest shareholder agreed to sell its 7 per cent stake. 

Equity desks were on high alert after a $50.7 million parcel of Mincor Resources shares traded at the open on Friday.

Wyloo Metals – a private company owned by Fortescue Metals Group Limited (ASX: FMG) founder and chair Andrew ‘Twiggy’ Forrest – has raised the stakes in its battle to takeover S&P/ASX 300 Index (ASX: XKO) mining share Mincor Re...

Andrew Forrest’s Wyloo Metals could seek to delist Mincor Resources from the Australian Securities Exchange if it fails to get to the 90 per cent threshold required to move to a compulsory acquisition. 

Mining exploration company Wyloo Metals have extended the offer period for its on-market takeover bid for all of nickel producer Mincor Resources’ shares. Wyloo’s offer period to close trading on the Australian Securities Exchange has been...

Last week the company formerly known as Red Dirt changed its name to Delta Lithium DLI aiming to begin DSO mining operation by the end of 2023, is drilling 25,000m a month across two projects We sat down for a Q&A with veteran company...

Dynamic Metals is steadily proving the prospectivity of its flagship Widgiemooltha nickel project, with new samples from its Dordie Far West project confirming its status as a potential new Kambalda style deposit. Since 1966 Kambalda and it...

Uranium price hits year high as optimism for nuclear booms Lithium hydroxide falls 33% as iron ore, rare earths and coal also fumble the ball Nickel and gold in positive territory in tough month for commodities   WINNERS   Uranium (Numerc...

By Mark Woodruff Guide: The FNArena database tabulates the views of eight major Australian and international stockbrokers: Citi, Bell Potter, Macquarie, Morgan Stanley, Morgans, Ord Minnett, Shaw and Partners and UBS. For the purpose of bro...

Nickel exploration hit a 10-year high in 2022 globally as demand for the commodity used in EV batteries rises RFC Ambrian says takeovers are growing more likely for companies with large pre-development resources outside Chinese-backed Indo...

Australia has become the hot spot for mergers and acquisitions (M&A) within the resources sector for the March quarter of the 2023 financial year. As reported by Reuters, Australia saw $37 billion worth of M&A deals in the first qu...

Chile plans to nationalise its lithium industry, #2 biggest in the world Fastmarkets says immediate impact to global production should be muted, but “there may be some hesitation investing in Chile’s lithium space until further details hav...

Lunnon Metals (ASX:LM8) has identified potential channel features that enhance nickel prospectivity following a 2D survey at the Long South Gap prospect within its Silver Lake-Fisher Project, which forms part of the greater Kambalda Nickel...

BHP announces discovery of new copper porphyry just 140km from Phoenix, Arizona Iron ore output hits record for first nine months of a financial year Nickel West production guidance down on Mt Keith rainfall and Mincor product quality issu...

Andrew Forrest’s Wyloo Metals has secured control of Mincor Resources after picking up another 8.2 million shares in the Kambalda nickel miner.

The privately-held company is believed to have picked up another 5 per cent of nickel producer Mincor Resources as it inches closer to the 50 per cent threshold.

China is reportedly considering banning exports of various rare-earth magnet production and process/refining tech In 2010 a diplomatic row with Japan saw Beijing throttle REE exports under the guise of protecting the environment; prices we...

By Mark Woodruff Guide: The FNArena database tabulates the views of eight major Australian and international stockbrokers: Citi, Bell Potter, Macquarie, Morgan Stanley, Morgans, Ord Minnett, Shaw and Partners and UBS. For the purpose of bro...

More and more automakers are making inroads into mining industry with Ford joining PT Vale Indonesia Liontown agrees terms with Olympio Metals to farm into Mulline and Mulwarrie lithium projects Nickel sulphide targets, and a 15km copper i...

Wyloo Metals is proceeding with its plans to take over Mincor Resources, saying its $760 million offer is its “best and final”.   The deal is moving forward despite Mincor previously disclosing quality issues in relation to its nickel.   T...

The board of Mincor Resources has backed a takeover bid from Andrew Forrest’s Wyloo Metals

Wyloo Metals has declared its $760 million takeover offer for nickel producer Mincor Resources (ASX:MCR) to be its “best and final” amid an ongoing product quality dispute with mining behemoth BHP (ASX:BHP). Andrew Forrest’s privately held...

ShareCafeBridge Street Banter: MCR, EVN In ASX news from Monday, Twiggy Forrest’s Wyloo is happy to sit tight for the moment on its Mincor bid, while Evolution Mining has given a further update on its problems at Ernest Henry. ………… Andrew ’...

Lithium and base metals to grab rising role in Aussie resources exports to rival coal Despite recent falls in lithium prices, Canberra boffins see battery metals becoming a major part of Australia’s dominant mining sector Wyloo declares $7...

Andrew Forrest’s Wyloo Metals has declared its $760 million offer for nickel producer Mincor Resources “best and final” given it was unaware of a product quality dispute with BHP. 

By Mark Woodruff Guide: The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macquarie, Morgan Stanley, Morgans, Ord Minnett and UBS. For the purpose of broker rating corre...

There is growing uncertainty over Wyloo Metals’ $760 million takeover bid for Mincor Resources after the nickel miner revealed a product dispute with its only customer, BHP. 

Gold miner Regis Resources in investor good books after securing approval for 2Moz McPhillamys mine in New South Wales Low-grade deposit near Cadia and Northparkes mines looms as third major production hub for $1.5 billion gold producer Sy...

Nickel miner Mincor’s share price was sliding on Thursday, with the group addressing failed off-take talks with BHP of lower-quality product qualms. The post Mincor [ASX:MCR] Forced to Remove Guidance on BHP Talks appeared first on Money Mo...

The S&P/ASX 200 Index (ASX: XJO) has followed Wall Street’s lead and is on course to record a strong gain. In afternoon trade, the benchmark index is up 1% to 7,123 points. Four ASX shares that have failed to follow the market high...

Nickel miner and takeover target Mincor Resources has been forced to pull full-year guidance following a dispute with customer and potential rival bidder BHP.

The IGO Ltd (ASX: IGO) share price is on a roller coaster ride today. IGO shares are currently down 0.08% and fetching $12.81. However, in earlier trade IGO shares lifted nearly 0.6% to $12.87. For perspective, the S&P/ASX 200 Index (...

Andrew “Twiggy” Forrest’s entity Wyloo Metals recently launched a $760 million takeover bid for Australian nickel miner Mincor Resources NL (ASX: MCR) at $1.40 per share. MCR shares surged to an intraday high of $1.67 that day, before closi...

World Overnight SPI Overnight 7028.00 – 26.00 – 0.37% S&P ASX 200 7034.10 + 72.10 1.04% S&P500 3971.27 – 6.26 – 0.16% Nasdaq Comp 11716.08 – 52.76 – 0.45% DJIA 32394.25 – 37.83 – 0.12% S&P500 VIX 19.97 – 0.63 – 3.0...

US and Japan strike a trade deal on electric vehicle battery minerals Ford plans to onshore US mining and processing capability inline with EV goals  Liontown Resources biggest mover this week following Albermarle takeover offer  Our High...