Articles On Perpetual Resources (ASX:PEC)

Aussie shares are set to open higher again on Friday China’s expected stimulus package buoyed the market Australia to face an earnings recession in the second half, says expert   Aussie shares are poised to open higher again this morning...

Sand used for construction or other more specialised uses remains in short supply due to overexploitation and a lack of new supply coming on the market. This is particularly true since the sand required for construction purposes requires an...

EMetals unearths critical minerals including up to 26.67% niobium and 6.68% tantalum in rock chips at Beryl Well White Cliff intersects REE zones of up to 1,602ppm TREO at Hines Hill Norfolk Metals identifies additional copper at the Roger...

What a day it’s been, what a magic day… and other children’s song lyrics that probably won’t make much sense to anyone who has never been subjected to the unrelenting horrors of Jimmy Giggle and his clearly drug-addled owl. Anyhow – since i...

Highlights ANZ provided 146 cents per share as a dividend for FY22. A2M received the US FDA approval to import infant milk formula (IMF) products into the US. BrainChip strengthened its IP portfolio by securing a US patent for ‘an imp...

Silica sands explorer Perpetual Resources (PEC) enters a trading halt while it plans and finalises a capital raiseThe company has been progressing test work and analysis on silica sand from its flagship Beharra project in WA which has shown...

ASX 200 drops load circa 1430 (AEST)  ends 0.4% lower Small caps index laughs openly in face of danger, gains 1% RBA hits us with another 50bps rate hike   The ASX 200 — not unlike the still, glassy ocean before a hurricane — was flat an...

Highlights The ASX 200 benchmark index increased 0.58% to end at 7,015.60 points today (August 5). Top performing stocks featured Novonix and Liontown Resources. Materials was the best performing sector today, gaining 1.70%. Gains...

Perpetual Resources (PEC) intersect yellow quartz silica sand in the northern end of its Beharra project in Western Australia’s Mid West region The company completed reconnaissance auger drilling comprising 25 shallow drill holes over two...

Highlights Perpetual Resources (ASX:PEC) has completed a drilling campaign at its flagship asset, the Beharra project. Moist fine-to-medium-grained yellow quartz silica sand was intersected from the drilling across the northern end of...

Highlights Perpetual Resources (ASX:PEC) has completed a drilling campaign at its flagship asset, the Beharra project. Moist fine-to-medium-grained yellow quartz silica sand was intersected from the drilling across the northern end of...

BRX gains on news of high-grade zinc, copper, lead, silver and gold hits at the Belara Mine  KAI discovers spodumene pegmatite samples during routine earthmoving activities next to the flagship Mt York gold deposit E25 extends manganese mi...

Small Caps, ASX 200 accelerate after RBA rate call Cash rate to 1.35%, Capital Economics says 3.5% the target EasyDNA rocks GTG world   Forget the RBA, it’s small cap day at Stockhead  as the Little Legends index ignores war, floods, flu,...

Both ASX Small Cap and benchmark index are down about 0.5% A bleak forecast from Covid-stricken China hits resources stocks Appen in trading halt after jumping 30%     Local markets took a turn for the worse on Thursday after Chinese Prem...

“With PV-solar cell manufacturing expected to undergo substantial growth in coming years in response to global decarbonisation efforts, our strategy is to steadfastly align our product quality and sales efforts to this strong tailwind,” say...

“As we approach completion of an exhaustive list of studies and analysis related to the environmental approvals process at Beharra, we are extremely encouraged by the conclusions the various reports have so far provided,” Perpetual managing...

The ASX200 has come to a jerky halt, closing more than 50 points or 0.7% higher. The market is down 5.6% over the last 52 weeks. The ASX Emerging Companies (XEC) index ended 0.6% better. The Four Horsemen of the Apocalypse are abroad on Mon...

The company and Mid West Ports Authority will cooperate to investigate the potential for 1.5 million tonnes per annum of capacity for Beharra high-grade silica sand exports.

Perpetual Resources' Julian Babarczy demystifies the potential of silica sand, a commodity with huge potential in the Asian export market.

Perpetual Resources (PEC) on track to complete bulk sampling program this week targeting multiple sand zones within the Beharra silica sands project south of Geraldton in Western Australia A total of four separate bulk samples have been pr...

High-grade silica with low iron impurities are in very high demand currently, especially in the Asia Pacific region, with demand expected to continue to grow.

The timeline for the final delivery of the DSO scoping study is dependent on the outcome of commercial discussions with potential offtake partners, with further updates to be provided in due course. 

No field exploration activities were undertaken in the December 2021 quarter due to a focus on carrying out additional metallurgical testing, feasibility studies, and permitting and environmental activities.

A Private Land Access Agreement with the dominant landowner at Beharra West will enable PEC to explore and appraise the tenement and outline the key working parameters for any future production scenario, should the project progress.

“Our ongoing optimisation work, which was substantially progressed through the delivery of the recent exciting white sand only bulk metallurgical test result, has demonstrated that a development scenario that targets the white sand horizon...

Given these positive results, the company will progress offtake discussions and negotiations in earnest.

"The agreement confirms the strong working relationship between Perpetual Resources and the Yamatji Southern Regional Corporation, with both parties actively exploring additional economic improvement initiatives."

Just like yesterday the ASX rallied for most of the day but retreated in the afternoon and today closed in the red. The ASX 200 was down 0.08% at 7,375 points. Another difference from yesterday was tech was the best sector gaining 1.7% whil...

Perpetual has signed what it describes as a “groundbreaking” option lease agreement with Yamatji Southern Regional Corporation, providing access to the water requirements of the Beharra high-grade silica sand project for an initial 10-year...

The ASX saw a frenzy of M&A deals today and it sent the market higher. Companies completing deals included Ramelius Resources (ASX:RMS) buying Apollo Consolidated (ASX:AOP) and Class (ASX:CL1) being acquired by Hub24 (ASX:HUB) along wit...

What resource had well-known investor Tolga Kumova feeling just a little hot under the collar earlier this year and is in such demand that organised gangs are fighting over in some parts of the world? If you answered anything other than sil...

Its Beharra Project could become “the leading mid-west silica sand project” and a key player in the emerging silica sand export industry for Western Australia.

It was another day of gains for the ASX led by the energy sector. The ASX 200 rose by 0.116% to close at 7,437 while the ASX Emerging Companies Index rose 0.56% to close at 2,527. Although there was an even number of winners and losers amon...

The scoping study comes off the back of significant interest from an unnamed offtake partner, which believes Perpetual’s sand could be suitable for DSO sales.

Tolga Kumova’s taste in high-powered cars reflects his status as one of Australia’s highest profile investment success stories – it’s probably little surprise the man drives a Ferrari. What may surprise you, however, is the recent revelati...

The June 2021 drilling was confined to the most southern area of the exploration licence and covered an area of around 300 hectares.

The bulk program results will be incorporated into the upcoming PFS update, which, pending a successful outcome of the bulk program test work, will contemplate a white sand only mining and processing scenario.

The company has been granted the Arrowsmith West Exploration Licence, just 3.2 kilometres west and immediately south of Beharra, by the Western Australian Department of Mines, Industry Regulation and Safety.

The company’s vision is for the project to become an essential low impurity supplier of high-quality silica sand products to the rapidly growing APAC glass and foundry sand markets.

Silica sands is rapidly become the “now” mineral commodity with demand from Asia growing fast – and the price along with it. In a new client note on this commodity, analyst J-Francois Bertincourt of Sydney-based Evolution Capital Advisors d...

Awareness of silica sands amongst Australian investors continues to grow despite being a commodity that is not usually associated with being in high demand or hard to find. There are several reasons why, but the increasing realisation that...

It was a rollercoaster ride on the ASX today with the Australian bourse rising up to 0.4% in the first hour before declining over the rest of the day. By 4.10pm the ASX 200 had dropped by 0.73% to close at 7,262 points while the ASX Emergin...

The company now plans to rapidly assess the land package to determine its geological and economic potential.

HAVING successfully vended silica sands projects into Perpetual Resources in 2019, mining identities Tolga Kumova, Peter Gianni and Robert Jewson ...

The ASX has gained nearly 1.5 per cent per cent today, rebounding from a big Monday selloff. Once again the local bourse followed Wall Street – which has seemingly put concerns over interest rates to the side for now. The ASX 200 closed 1.4...