Articles On Peak Resources (ASX:PEK)

Africa moving to the front line of rare earth diversification Continent holds unique position due to its combination of geological endowment, geopolitical neutrality and untapped development potential These ASX developers and explorers are...

Aldoro increases Kambeelburg’s resource to 520.61Mt at 2.49% TREO Eq Scope remains for a further increase in the resource and grade with second phase drilling to kick off in October  Phase II aims to enhance the scale of the Kameelburg fur...

Earlier this month, Peak Rare Earths (ASX:PEK) received a takeover bid from Singaporean outfit Shenghe Resources that valued the company at $200 million, more or less. That was the second, improved iteration of a bid from Shenghe for the co...

Highlights Shenghe Resources has lifted cash terms for Peak Rare Earths (ASX:PEK) under a scheme of arrangement described as best and final Peak Rare Earths’ independent committee maintains a unanimous in-favour stance in the abs...

A revised scheme offers PEK shareholders 44.3c a share in cash, up from around 36c High-grade antimony has been confirmed by Marquee at Mt Clement in WA Gladiator is accelerating its push into critical minerals in the US   Your standout s...

ASX climbs 0.51pc with 9 of 11 sectors higher Real estate, discretionary and info tech lead gains Rising gold prices support materials sector ASX closes out first September week on a semi-positive note The ASX 200 lifted 0.51% or 44.7 po...

Copper supply could continue to disappoint, if Codelco’s comments are anything to go by Investors flip cash into Chilean copper hunter Marimaca Copper and manganese explorer Black Canyon, while Peak shares pump on $195m Shenghe offer The g...

Peak Rare Earths (ASX: PEK) has advised that takeover suitor Shenghe Resources has raised its cash offer under the proposed scheme of arrangement to acquire the company. The revised proposal values Peak at A$195 million, up from the initial...

Peak Rare Earths (ASX:PEK) shareholders on the HotCopper forums were almost universally pleased on Friday after the company confirmed it had worked out a better takeover deal than originally received from Singapore-based Shenghe Resources,...

Morning, and welcome to Stockhead’s Top 10 (at 11… ish), highlighting the movers and shakers on the ASX in early-doors trading. With the market opening at 10am sharp eastern time, the data is taken at 10.15am in the east, once trading kicks...

Highlights Ariadne Australia and two bear-market ETFs reach fresh lows on the ASX A strong rally sees over forty companies mark new yearly highs Multiple rare earth explorers and energy firms among week’s top climbers...

Africa’s rich endowment of minerals such as rare earths has captured plenty of attention Not all countries are equal with some having stable governments and attractive mining regimes Aldoro holds the highly prospective Kameelburg project i...

Rare earths mega-merger not currently on the cards, says Lynas boss But customers waking up to need to develop new sources of rare earths Lynas aiming to ramp up ‘heavies’ as China chokes supply to customers during geopolitical cage match...

Uranium leads the winners as commodities wait for direction in May Gold comes off record highs, as volatile US trade policy dominates sentiment Iron ore, lithium and nickel all struggle   WINNERS Uranium (Numerco) Price: US$72/lb % Change...

The top 3 commodities for July include gold, copper and lithium DTR takes top spot for biggest monthly stock gain Resource Mining Corp nabs honourable mention   With gold prices near record highs and in the vicinity of US$3300/oz, gold ex...

Highlights Junior and mid-tier mining companies experience a wave of acquisitions across gold, copper, lithium, and rare earths Asset-level transactions and strategic joint ventures dominate over mega-mergers Increased inter...

Aldoro Resources’ Kameelburg rare earths and niobium project nearing resource estimate it says could place it among top 3 rare earths deposits globally Board has skin in the game, with top brass holding big stakes that align their interest...

Big hitters lined up a major mining summit in Perth last week, saying more M&A is on the way While mega-mergers between majors have been sidelined, the junior and mid-tier space have become awash with corporate activity Kristie Batten...

Aldoro receives standout results from latest drilling at Kameelburg Hole DD006 extends mineralisation 650m to the southwest More drilling is planned with a resource anticipated by quarter end   Special report: Aldoro’s second batch of a...

Highlights Peak Rare Earths confirms Shenghe Resources buyout proposal following a trading halt The deal secures full control of Tanzania’s Ngualla rare earths project for Shenghe Iluka Resources continues to align with nati...

Highlights GreenPeak Rare Earths (PEK) rose sharply following acquisition news Brightstar Resources (BTR) advanced with second processing campaign launch Treasury Wine Estates (TWE) declined after leadership change announcem...

Highlights ASX 200 edges up after jobs data shows employment strength in April Energy, materials and industrials decline while most sectors advance Peak Rare Earths (ASX:PEK) surges on takeover approach from Shenghe Resource...

Highlights: ASX 200 rebounds after early decline, supported by gains in financials and technology sectors Xero (ASX:XRO) jumps after strong revenue and profit growth despite net profit after tax miss Insurance Australia Grou...

The Australian Securities Exchange (ASX) closed higher today (15 May) following the release of data showing stronger-than-expected employment in April.  The S&P/ASX200 lifted 17.9 points, or 0.22%, to 8,297.5 points by the closing be...

ASX posts 0.22pc gains, recovering from dip earlier in the day Xero brings big profit and revenue gains in quarterly report, lifting stock 4.7pc Insurance Australia surges 5.7pc on Royal Automobile Club of Western Australia deal   It was...

The ASX200 closed up 0.22% at 8,297 points. IT was the best performing sector, up 2.0%, followed by Financials, up 1.1%, and Discretionary, up 1%. Real Estate was the worst performing sector, down 1.3%, followed by Energy, down 1.1%,...

China’s Shenghe Resources to snap up Peak Rare Earths in entitlement deal  Brightstar fires up another round of ore processing under its agreement with Genesis Minerals at Laverton  RMI, NIM and OMX all up on no news  These are your stand...

Highlights Peak Rare Earths (ASX:PEK) board supports full acquisition by China’s Shenghe Resources Shenghe is the largest shareholder and offtake partner in Peak’s Tanzania-based Ngualla project Scheme proposed as a superior...

The board of Peak Rare Earths (ASX: PEK) has given its support to a proposed takeover of the company by China’s Shenghe Resources. A partly state-owned Chinese rare earths mining and processing company, Shenghe has proposed to acquire 100%...

ASX jumped 0.5pc just before midday but pared back to just 0.03pc US-China trade negotiation announcement due this evening Energy sector once again leads gains as Healthcare falls   While the first word out of the US-China trade negotiati...

George Ross was a geologist whose posting on the HotCopper forums under the pseudonym “GeoGeorge” led to a career as a senior analyst at Argonaut. Ross was working for junior mining companies when he analysed an exploration deposit so ac...

Highlights • Insider purchases at Peak Rare Earths (PEK) signal renewed confidence• Insider ownership holds a modest stake, reflecting strong alignment with long-term goals• Consistent accumulation amid price declines indicates optimism...

Peak Rare Earths (ASX:PEK) has completed its share purchase plan, which received strong support from eligible shareholders with applications totalling $2.774 million, exceeding the $2 million target. The SPP provided eligible shareholder...

Argonaut has delivered its 2024 list of best undeveloped mining projects on the ASX Gold projects dominated followed by uranium, rare earths, and copper  Five projects based in Africa got a mention, as did another six in WA    The 2024 ed...

Peak Rare Earths (ASX:PEK) has locked in firm commitments for a $6 million placement, with major shareholder Shenghe Resources (Singapore) also pledging its support to top up its stake.  The placement will be undertaken in two tranches a...

ASX opens November lower, led by financial sector sell-off Macquarie Group fell after profit decline Ironbark Zinc jumps 75% on new leadership   The ASX kicked off November with a thud, sliding about 0.5%. This  follows a tough session o...

Gold runs away with the commodity Olympics for July as the strongest gainer on rate-cut hopes and safe haven demand Coal and rare earths both up but prices remain range bound at mild levels China’s economic woes play havoc with iron ore an...

Low lithium prices continue with no signs of recovery in sight Small miners like Core Lithium have already cut output in response Eyes are on bigger players to see if they follow suit   Our High Voltage column wraps all the news driving...

ASX 200 ends 0.5pc lower after a difficult start to the week Energy Sector the worst of some poor to middling performances Small caps led by AuMake on news of a new deal in China   Last week’s record highs seem a distant memory for the...

Peak Rare Earths (ASX:PEK) has signed a non-binding indicative lenders consortium term sheet to support completing a debt solution for the Ngualla Project in Tanzania, with an aggregate debt of US$176.6 million ($261.47 million). The ter...

Niobium, a vital element used to create nanocrystalline materials, is almost rubber-stamped to spark a new wave of technological advances and the West Arunta critical minerals region in WA is emerging as a vital global source of the element...

Chinese magnet maker takes 9.8% stake in Aussie rare earths hopeful Hastings Hastings exec chair Charles Lew says ex-China magnet supply chain is not currently cost-competitive Yangibana debt package close, with concentrator construction f...

The Tanzanian Mining Commission has approved an offtake agreement between Peak Rare Earths (ASX:PEK) and Shenghe Resources (SSE:600392), which covers 100% of rare earths concentrate production from the Ngualla Project in Tanzania. Under...

The market may be rising today, but that gain is nothing compared to what has been recorded by some ASX penny stocks. For example, the three stocks listed below have all jumped over 30% in morning trade. But why are investors buying their...

Stockhead’s Top 10 at 10, published at ~10.40am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Sigma Lithium has shown a clean pair of heels, speeding to a profit in its first quarter of commercial scale production at the Grota Do Cirilo lithium mine in Brazil The first stage is expected to ramp up to 270,000tpa, with 130,000tpa of...

The pool of luck is only so deep when it comes to investing in junior explorers and developers. So introducing a bit of science to the process should be the aim. It is with that that Garimpeiro notes Argonaut has just released its “Best Und...

Argonaut has named its 11 best undeveloped mining projects held by Australian companies in 2023 It comes as development timeframes blow out, threatening the next wave of major mines De Grey Mining leads cohort, with six new projects in th...

Yamana Gold’s former top brass have endured a tough start to life at the helm of African gold miner Allied Gold The Toronto listed producer is looking to expand beyond West Africa with the US$500 million development of the Kurmuk project...

  The TSX has been a dire place to be a miner in 2023, with almost two-thirds of our tracked TSX & TSX-V stocks being losers over the past 12 months Only 318 of 1123 on our TSX watchlist are in the green since November last year We che...