Articles On Peak Resources (ASX:PEK)

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...

Trigon Metals declares commercial production at reborn Kombat copper mine in Namibia Follows trend of growing African copper output backed by Canadian companies Uranium hopeful Cosa Resources Corp lists on TSX-V Copper producers are com...

Falling far behind Newmont for the title of world’s biggest gold producer, Barrick has set its sights on growing its copper division The Toronto giant’s once embarrassing acquisition of Equinox Minerals may finally be paying off Long life...

Uranium prices have surged to decade highs of US$66.25/lb Canadian giant Cameco’s production failings are among the reasons for the recent surge, with higher spot prices cancelling out supply issues to make the C$23.5b company a big winne...

Novo Resources listed on the ASX yesterday, becoming the latest TSX resources player to seek a second home in Australia BDO head of global natural resources Sherif Andrawes says the firm is running the numbers for as many as five companie...

India’s JSW Steel has emerged as a bidder for Teck Resources’ met coal business Elk Valley Resources Canada’s biggest miner is gearing up for a big lift in copper production as it looks to get a payout for all or some of its US$8b met coa...

Tony Pearson has extensive ESG, financial and critical minerals experience  A scoping study and resource upgrade are planned at Julia Creek this year Vanadium is a critical mineral for energy storage and steel production QEM has appointed...

Sama Resources spinout SRQ Resources is up over 60% since listing last Wednesday on the TSX-V SRQ is looking for a Nova style nickel discovery in the Upper Laurentian region of Quebec, six hours from Montreal Nickel is a major component o...

MoneyTalks is Stockhead’s regular drill down into what stocks investors are looking at right now. We’ll tap our extensive list of experts to hear what’s hot, their top picks, and what they’re looking out for. Today we hear from Argonaut sen...

Fifteen years after acquiring what is now the Ngualla rare earths project in Tanzania, Peak Rare Earths (ASX: PEK) has signed a binding agreement whereby 100% of concentrate will be shipped to China. A Singapore subsidiary of China’s global...

ASX sleepwalks to an underwhelming -0.3% loss for the day.  Real Estate the ‘highlight’, on a paltry +0.5% Lithium Australia’s tech-for-facilities deal with MinRes saw it climb past +80% for the session.   It’s been a weak and sorry day o...

Canaccord Genuity’s Reg Spencer says the Yellowknife Pegmatite Province (YPP) is starting to pop up on investor radars Numerous spodumene-bearing pegmatites up to 1800m long and 40m wide outcrop “in a spectacular fashion” First movers into...

Copper-coal play Teck leads large cap resources winners in Q2 after snubbing ‘unsolicited’ bid from commodities giant Glencore Last week’s biggest TSX winner, copper-nickel developer PolyMet, also receives bid from Glencore at huge premium...

Old AVZ boss Klaus Eckhof acquires ground next door to Manono via his new company, AJN Resources 367 TSX and TSXV resources stocks went up last week, 431 went down, 337 didn’t move Standout winner was coal-copper major Teck, up 12% Our Ca...

IPO Watch: 7 explorers have listed on the TSX/TSXV over the past ~3 months, all are flat or in the red Standout large cap winner last week was uranium play Cameco; share price is closing in on 12-year highs Weekly small cap standouts: Mins...

ASX rare earths share Arafura Rare Earths Ltd (ASX: ARU) has plummeted in the last three months. The company’s share price has fallen 43% from 60 cents at market close on 24 February to the current share price of 36 cents. Arafura shares...

Peak Rare Earths (PEK) taps investors for $27.5 million to develop its Ngualla rare earth project in Tanzania The company received commitments to complete a two-tranche institutional placement for 55 million new fully paid ordinary share...

ASX waddled to a -0.3% close, like a toddler with a turd in its trousers. Even the goldies retreated, with the XGD ASX All Ords Gold index dropping 0.20%. Blackmores sale is the most exciting thing to happen all day… which says it all, rea...

ASX-listed mining company Peak Rare Earths (ASX:PEK) has been granted a special mining licence (SML) for the Ngualla Rare Earth Project in Tanzania. The company reports the SML was granted to Peak’s 84%-owned subsidiary Mamba Minerals Corpo...

The ASX is set to fall after a slide in New York  Mega techs’ earnings mostly exceeded expectations The crucial Aussie inflation expectations report is due out today   The ASX is poised to open lower on Wednesday after mega tech companies...

ASX-listed rare earth explorer Peak Rare Earths (ASX:PEK) has signed a binding framework agreement with the Government of the United Republic of Tanzania for the Ngualla Rare Earth Project. The company reports the framework agreement sets o...

The ASX is set to fall on Tuesday despite a mini rally in New York Earnings in the US were mixed, but manufacturing activities were strong The RBA is set to release its April meeting minutes later today   The ASX is poised to open lower o...

Stockhead’s In-Case-You-Missed-It highlights some strongest performing ASX stocks that might have slipped below the radar today.  It’s a short, sharp update to help frame the trading day by showing some of the biggest movers in percentage t...

Peak Rare Earths (PEK) registers and incorporates two entities with the Tanzanian Business Registrations and Licensing Agency During a meeting with the agency on February 20, the parties registered Mamba Minerals Corporation (MML) and Ma...

It’s been a big few years for ASX rare earths shares as the market seemingly turned its attention to the critical minerals. Indeed, the share price of S&P/ASX 200 Index (ASX: XJO) miner Lynas Rare Earths Ltd (ASX: LYC) has soared nearl...

The Lynas Rare Earths Ltd (ASX: LYC) share price is trading higher on Tuesday. Lynas shares are up 2.04%, currently fetching $8.52 apiece. For perspective, the S&P/ASX 200 Index (ASX: XJO) is up 0.28% at the time of writing. Let’s ta...

A big dive for bulk commodities and timidity in the base metals complex dominated the negatives for mining investors over the past month, with all signs pointing to further demand side pain in the outcome of China’s National Congress. Xi wi...

In this week's Weekly Insights:-Investing In Non-Profitable Companies-Corporate Updates: Early Signals-Peak Resources?-FNArena TalksBy Rudi Filapek-Vandyck, Editor FNArenaInvesting In Non-Profitable CompaniesThe 2022 patience-testing, volat...

Peak Rare Earths (PEK) signs a memorandum of understanding (MoU) with Shenghe Resources to support the development of the Ngualla rare earth project in TanzaniaThe non-binding MoU follows the company’s decision to initially develop the proj...

Pilbara Minerals sells 5,000t of lower grade (5.5%) spodumene for a record $US35.5m via Battery Material Exchange “We could see a bit of an M&A frenzy with producers like Pilbara, Allkem and IGO looking to secure strategic assets of sc...

ASX 200 ends 1.7% higher Small caps ahead 2.1% China’s odd. Hawson’s Iron down 75% this week. Toys R Us are killing it.   The ASX 200 and the Emerging Companies (XEC) index fell 1.7% and 2.1% respectively on Tuesday. Almost the full 11 se...

Peak Rare Earths (PEK) appoints FMG founder Russell Scrimshaw as its new Executive Chairman effective August 15 He joins Peak with experience in large scale mining project development and operations, product marketing, finance, business de...

Prices for rare earths neodymium and praseodymium have exploded to record highs Chinese rare earth company swoops on Aussie junior Peak Rare Earths (ASX:PEK) Desperate battery makers continue buying lithium at any price Our High Voltage c...

Shenghe Resources acquires a 19.9 per cent interest in Peak Rare Earths (PEK) from Appian Pinnacle Holdco The acquisition is priced at 99 cents per share, representing a 24.5 per cent premium to the last closing price of Peak shares Shengh...

Wall Street rattled on reports of potential Russia-Ukraine war this week US stock investors got the jitters on Friday as media company PBS reported that Russia could move forward with invading Ukraine this week. There was flight to safety a...