Articles On Okapi Resources (ASX:OKR)

As the uranium spot price reaches another year high for 2021, Kazatomprom releases half year results and jockeying continues around Exelon Corp’s at-risk reactors. -Kazatomprom may require second half spot purchases-Emergency powers sought...

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...

Okapi Resources has finalised the purchase of a portfolio of high-grade uranium projects in the US in a deal it says is transformational. The company assumes ownership of the brownfields uranium assets following completion of an all-scrip a...

Okapi’s strategy is to capitalise on the outlook for the uranium sector by rapidly building its North American assets via accretive acquisitions and successful exploration to become a new leader in North American carbon-free nuclear energy.

Okapi Resources is officially in the uranium game, having finalised the acquisition of Tallahassee Resources and its suite of large, high grade US projects. Okapi (ASX:OKR) announced its shift into US uranium last month with acquisition of...

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...

ASX-listed Okapi Resources has uncovered a 2km long lithium target from a recently completed soil program at its newly acquired Lake Johnston project 450km east of Perth in WA. Lithium in soil results have graded up to 86 parts per million.

Assays returned from recent soil sampling program on its 100%-owned tenement E63/2039 have not only uncovered the substantial lithium target, but also several gold anomalies.

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...

While COVID-19 continues to wreck havoc across NSW, the ASX remained in a state of zen on Wednesday, as local stocks eased to new record highs. The ASX 200 finished around 0.3% higher to close at 7,584, outpaced by the microcap Emerging Com...

While COVID-19 continues to wreck havoc across NSW, the ASX remained in a state of zen on Wednesday, as local stocks eased to new record highs. The ASX 200 finished around 0.3% higher to close at 7,584, outpaced by the microcap Emerging Com...

Summary The prices of precious metals retreated on Monday, driven by a higher-than-expected US July jobs report. The US non-farm payroll report showed the addition of 943,000 jobs in July month. Various ASX-listed precious metal stock...

Despite a solid start to the day the ASX closed Monday at the same point it closed on Friday. After gaining as much as 0.3% by 11am the ASX 200 closed flat at 7,538 points. The ASX Emerging Companies Index finished slightly higher, by 0.03%...

As an uncorrelated asset – value not tied to larger fluctuations in the traditional markets — gold has had “its lunch cut a bit” by crypto, PCF Capital’s Liam Twigger says. “There is an article in the last Economist asking, ‘what happens if...

What happened to the most talked about commodities in July? Gold bounced back from recent lows to record a solid 2.54% gain (that’s +4.12% in Aussie dollar terms). The base metals suite – aluminium, copper, lead, nickel, tin and zinc – all...

Despite much of Australia spending some or all of July in lockdown, the ASX 200 rose 1.7% and the top 50 winners all gained 45% or more. And that wasn’t the only joy during the month. Our Olympians are doing us proud bringing home 33 medals...

Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relative Strength Index (RSI). The RSI is a technical gauge which measures how trading momentum is affecting the price action. A reading of 70 is seen as the le...

Strong consumer buying and modest institutional investment helped create gold demand of 955.1 tonnes over Q2 – a 9% rise from Q1 2021, and in line with the equivalent period last year. While both consumers and retail investors were purchasi...

Resources and tech stocks led the ASX back into positive territory Thursday. After a drop yesterday, led by tech, the bourse rebounded with the ASX 200 closing 0.52% higher. Resources led gaining 1.51% and tech gaining 2.6%. The only sector...

Whisky manufacturer Lark Distilling Co (ASX:LRK) kept things warm during winter, leading a group of 25 stocks that posted a 14-day RSI above 70 last week. Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relat...

Australian shares have extended gains for the second day in a row, rising by 0.91% despite more COVID cases across states. All 11 sectors were in the green, except for Healthcare. Mining and Energy led the gains, rising by 2% each, buoyed b...

As the uranium spot price fell marginally last week, Morgan Stanley sees uranium as the most preferred commodity and seeks to explain its relative underperformance. -Uranium is Morgan Stanley’s most preferred commodity -The Sprott Physical...

The primary aim of the program was to test the depth extent of shallow mineralisation reported from historic drilling at two priority prospects.

Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relative Strength Index (RSI). The RSI is a technical gauge which measures how trading momentum is affecting the price action. A reading of 70 is seen as the le...

Okapi aims to deliver a JORC 2012 resource estimate for the Tallahassee Uranium Project in coming months and subsequently kick off a 10,000 metres drilling program.

When Okapi Resources announced a transformational acquisition in US uranium on Monday, the market responded in overwhelming favour.   Okapi’s (ASX:OKR) share price closed up 45% that day, a clear sign that the market sees the same potential...

Summary The S&P/ASX200 closed 20 points or 0.83% higher at 7,333.50. The index gained 1% intraday to 7,353, crossing above its 20-day moving average. Eight of 11 sectors ended in green, while materials and realty gained the most....

The biggest news out of big caps today came out of Wesfarmers (ASX:WES), which put a $680 million takeover offer on the table for Australian Pharmaceutical Industries (ASX:API) for $1.38 a share. According to Wesfarmers, the rationale behin...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade.   WINNERS Scr...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade.   WINNERS Scr...

Summary Australian Ethics grants approval for Medlab’s NanaBis™ PIII Australian Sites Live Verdure launches first TGA registered product, shares zoom up Fertoz at over 6-1/2-year high on new partnerships for carbon unit  The S&am...

Okapi aims to deliver a JORC 2012 resource estimate for the Tallahassee Uranium Project in coming months and subsequently kick off a 10,000 metres drilling program.

Okapi Resources has secured a package of brownfields uranium assets in the US via an all-scrip “transformational” acquisition of Australia-based Tallahassee Resources. The key Tallahassee project has a historical resource of about 26 millio...

Okapi Resources will jump into the budding uranium sector with an agreement to acquire a portfolio of large, high-grade assets in the US. Okapi (ASX:OKR) has reached a binding agreement to acquire Tallahassee Resources, which owns the Talla...

The ASX 200 managed to regain some of its lunchtime losses of 1.5%,  closing just 0.93% lower. For the week, the Aussie index finished lower by 0.48%. All 11 sectors were down today, with Technology falling by over 3%, and Consumer Discreti...

It is no longer just lip service — to create max value for shareholders, miners know they need good Environmental, Social and Governance (ESG) credentials. Failing to maintain good relationships with stakeholders (like governments, local co...

The ASX 200 fought hard to remain above water in the final session, after lifting by 0.30% at the halfway point. The index finally closed the day 0.23% higher. Seven of 11 sectors fell, with Energy and Utilities the two top under performers...

Okapi Resources has finished a soil sampling program at its new tenement adjacent to its WA-based Mount Day project JV with Lithium Australia. The tenement contains the Maggie Hays Hill gold workings and covers a 10 km long zone of anomalou...

Gold had its worst month since November 2016 in June, down 7% to $US1,779/oz. Mining and exploration stocks have followed suit. This bearish trend creates a buying opportunity, experts say. Boutique investment advisory firm head Frank Holme...

Okapi Resources says wet weather won’t stop the ASX-listed junior explorer completing the maiden drilling program at its Enmore gold project in New South Wales within the next two weeks. Nearly 770m in six of 8-10 planned holes have been dr...

Okapi continues to progress drilling to unlock the potential of its Enmore gold project in NSW despite the wet conditions that have slowed progress. Six holes totalling 767m have been drilled to date, with the remaining two to four holes ex...

The market giveth and the market taketh. Truer words have never been spoken with gold prices diving nearly US$100 in less than a day after the US Federal Reserve signalled higher inflation and that interest rates could rise twice by 2023. G...

Gold is re-starting its bull rally as two major obstacles — higher US Treasury yields and Bitcoin — fizzle. “Strong headwinds from parabolic Bitcoin and rising bond yields appear to have run their course,” Bloomberg Intelligence senior comm...

Okapi Resources has kicked off initial drilling at its Enmore gold project in NSW’s New England Fold Belt region. The company says up to 10 reverse circulation holes totalling 1,000m will test priority targets at its two key brownfields pro...

The company aims to test the depth extent of shallow mineralisation through the first pass drilling at the project in northeast New South Wales.

Drilling of up to 10 holes to evaluate the Sunnyside and Bora prospects at Okapi’s Enmore gold project in New South Wales is now underway. Most of the holes will be drilled to test the Sunnyside prospect, though two holes will target the Bo...

Gold’s rally ran out of puff this week, with the precious metal dropping about 2% below ~$1US1,870/oz at Thursday close. Kitco’s Jim Wyckoff calls it “routine profit taking”. “Importantly, the price uptrend in gold on the daily chart remain...

Okapi Resources expects to start a maiden drilling program at its Enmore gold project in NSW’s New England Fold Belt this week. The company plans to drill an initial eight-to-10 reverse circulation holes totalling about 1,000m at the projec...

Okapi is poised to kick off drilling of up to 10 holes at its Enmore gold project in New South Wales to evaluate the Sunnyside and Bora prospects. The first pass program of 8-10 holes totalling at least 1,000m is aimed at demonstrating the...

Over the past two months the gold price has turned a corner, up ~12.7% to a high of $US1898/oz. That’s a four month high, erasing almost all of 2021’s losses. The share prices of local gold stocks have responded in kind. Over the past month...