Articles On Peel Mining (ASX:PEX)

The ASX has closed lower by 0.9% Elon Musk takes the reins at Twitter and immediately fires everyone in the room Potentia’s making an aggressive play for Nitro Software. Again.   Aussie markets are down for the day, with a dreadful result...

‘Guy on Rocks’ is a Stockhead series looking at the significant happenings of the resources market each week. Former geologist and experienced stockbroker Guy Le Page, director, and responsible executive at Perth-based financial services pr...

Peel Mining (PEX) returns further high-grade results from a diamond drilling program at the Mallee Bull prospect in New South Wales The company has now received all remaining assays from resource definition diamond drilling at the prospect...

These assays are from a 2021/2022 resource drilling program, which continue to highlight Mallee Bull’s quality and continuity of mineralisation. The intersection had a super high-grade core of 7.49m @ 18.90% Copper, 142g/t Silver from 630....

Raleigh Finlayson’s Genesis Minerals announces $111m all scrip off-market takeover offer for Dacian Gold With talks also between Genesis and St Barbara, juniors in region looking closely at who else may be in Finlayson’s sights We profile...

Peel Mining (PEX) intersects high-grade copper mineralisation at the Wirlong copper deposit at its South Cobar project in NSW Up to 11.77 per cent copper and 39 g/t silver was intersected during the company’s 18-hole diamond drilling progr...

Peel Mining is expecting a big boost to its Wirlong resource in New South Wales after the remaining diamond drilling assays returned more high-grade copper hits. Notable results include 43m grading 1.92% copper and 8 grams per tonne (g/t) s...

Peel Mining (ASX: PEX) anticipates a “significant increase” in resources for its Wirlong copper deposit following further positive assays. Part of Peel’s South Cobar project in New South Wales, Wirlong has generated a strong news flow of wi...

These “exceptional” copper results have been returned from drilling completed prior to the end of 2021 at the Mallee Bull Project in New South Wales. Targeted drilling at Mallee Bull has continued following restart in January 2022, with 10...

Assays from resource definition diamond drilling at Peel Mining’s (ASX: PEX) Mallee Bull deposit within the South Cobar project in New South Wales have delivered strong, high-grade copper results. Drilling commenced in April last year and w...

Peel shareholders have overwhelmingly backed a capital raising to fund ongoing work at South Cobar copper – with subscriptions received for five times the $2m it had sought. The company has decided to accept subscriptions totalling just ove...

Peel Mining (PEX) receives strong support for its share purchase plan (SPP) with subscriptions totalling more than five times the original amount On March 3, the company announced it would be aiming to raise $2 million via a SPP to continu...

After a $21 million placement, Peel Mining (ASX: PEX) has closed out its heavily oversubscribed share purchase plan, which attracted $10.3 million in subscriptions – more than five times the $2 million originally sought. The share purchase...

Peel Mining (PEX) aims to raise $2 million through a share purchase plan (SPP) to help fund a number of its projects Under the SPP, eligible shareholders will have the option to purchase up to $30,000 worth of shares at a price of 18 cents...

The ASX Emerging Companies index (XEC) is up more than 1.5% on Thursday, while the benchmark ASX 200 is higher as well. Local investors are totally unconcerned by weak US futures when commodity prices behave like incensed lemmings. The alre...

Guy on Rocks’ is a Stockhead series looking at the significant happenings of the resources market each week. Former geologist and experienced stockbroker Guy Le Page, director, and responsible executive at Perth-based financial services pro...

Peel Mining (PEX) is set to undertake a $23 million equity raising consisting of a $21 million placement and a $2 million share purchase plan (SPP) The company states it will use the money to continue the growth of the high-grade South Cob...

The ASX Emerging Companies Index (XEC) has recovered strongly on Wednesday, gaining 2.75%. The ASX200 also closed higher, gaining around 45 points or 0.6%. The market found its feet in afternoon trade, tech stocks leading the way. Look. Rat...

Peel Mining (ASX:PEX) is raising up to $23m to fast track further growth at its South Cobar project, with a focus on developing a 10-year copper operation. The company has already received binding commitments for a $21m placement of shares...

Major Alliance Resources shareholder Ian Gandel tables an off-market takeover bid Peel Mining’s $23m cap raise to be cornerstoned by wealthy mine finder/company builder Josh Pitt Castle Minerals uncovers several lithium anomalies Here are...

Perth-based explorer Peel Mining (ASX: PEX) has received binding commitments for a $23 million capital raising to advance the growth of its South Cobar copper project in western New South Wales. The raising will comprise a two-tranche place...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

While eyes are on Glencore’s auction to sell its CSA Mine, another Cobar play is readying its own deal. 

Last year, the price of copper rose 33%, but that was just the entree. Goldman Sachs reckons the red metal will hit a record US$12,000/t over the next month, up from ~$US9,700/t currently. That’s uncomfortably bullish, but even the more mil...

The signs are looking good for an upcoming upgrade of Peel Mining’s copper-rich Mallee Bull resource in New South Wales, with new drill results highlighting the deposit’s stunning high grade core. Latest assays from resource drilling at Mal...

Base metals explorer Peel Mining (ASX: PEX) has unearthed more high-grade copper from ongoing drilling at its Mallee Bull and Wirlong deposits in New South Wales. The deposits lie within the company’s South Cobar project, situated about 100...

Peel Mining has reported more high-grade intercepts at its South Cobar copper project in New South Wales, with plans to deliver resource updates for both the Mallee Bull and Wirlong deposits in the March and June quarters respectively in 20...

Peel Mining (PEX) has released copper assay results for its two New South Wales-based projects, Wirlong and Mallee Bull Wirlong results include 11 metres at 2.93 per cent copper, 10 grams per tonne (g/t) of silver, including 4.88 metres at...

Perth-based Peel Mining (ASX: PEX) reports further high-grade copper assays from its Wirlong and Mallee Bull projects near the historic Cobar mining centre. Assays also returned silver values in all cases. The two drilling programs are bein...

Copper is surging, and the majors are out in force looking to shore up resources and take advantage of the market. But uncertainty remains around where supply will come from. The copper price has more than doubled since April last year and...

Peel Mining (ASX: PEX) has de-risked its Wirlong copper deposit after acquiring Shuttleton Station near Cobar in New South Wales, which will give the company “unencumbered access” to the asset and afford it tenure security as it moves towar...

When LME copper stores hit 47-year lows in October, driving prices above US$10,000 per tonne, it looked like the beginning of an almighty run for the red metal.   At its October peak, the copper price was within striking distance of the LME...

Peel Mining (PEX) releases a maiden indicated and inferred mineral resource estimate (MRE) for its Wirlong copper deposit in NSW The MRE was based on more than 41,000 metres of reverse circulation and diamond drilling completed by Peel si...

Base metals explorer Peel Mining (ASX: PEX) has delivered a maiden indicated and inferred mineral resource estimate for its wholly-owned Wirlong copper deposit located southeast of Cobar in western New South Wales. The estimate sits at 2.45...

If the stream of high-grade results wasn’t enough of a clue, Peel has now unveiled a sweet, high-grade resource for the Wirlong deposit at its South Cobar project in NSW. The maiden indicated and inferred resource of 2.45 million tonnes gra...

Got 90 seconds? Then listen to managing director, Robert Tyson tell us about their company news. Peel Mining Limited (ASX:PEX) is an advanced base and precious metals exploration company with a primary focus on copper. With core assets clos...

Stockhead’s ‘Garimpeiro’ columnist Barry FitzGerald is back in the studio for another instalment of The Explorers Podcast. The program is sponsored by emerging company specialist RM Corporate Finance. In this edition Barry chats to Rob Tyso...

Peel’s maiden resource drilling at the Wirlong deposit has intersected the widest copper intercept to date of 205m grading 1.4% copper and 3g/t silver from 434m. The intercept in WLDD040 includes higher-grade intersections such as 10m at 4....

Latest assays from ongoing drilling at prospects within Peel Mining’s (ASX: PEX) South Cobar project in western New South Wales have returned a host of high-grade copper intervals including the company’s widest copper intercept to date. Dri...

Building a mining project is not as simple as drilling a resource and digging the stuff out of the ground. There are a number of other factors that come into play when trying to maximise the value of your treasure, including the metallurgic...

Copper explorer Peel Mining (ASX: PEX) has announced “excellent” results from metallurgical and ore sorting testwork recently completed at its South Cobar copper project in New South Wales. Metallurgical testwork focused on the Wirlong copp...

Peel’s upcoming Mallee Bull resource update is looking promising with drilling continuing to return high-grade copper and very high-grade zinc, lead and silver. Notable results include 57m grading 3.7% copper and 39 grams per tonne (g/t) si...

Early-stage mineral exploration company Eastern Metals is another step closer towards listing on the ASX after receiving IPO applications for more than the maximum subscription of $6 million.  The offer was oversubscribed with more than 30...

Peel’s expectations for a resource upgrade at its Mallee Bull deposit have been bolstered by further high-grade copper intercepts in recent infill drillholes. Assays also returned very high-grade zinc-lead-silver intercepts, reinforcing the...

Fortescue Metals Group (ASX:FMG) CEO Elizabeth Gaines predicts steel production in China will not drop below 2020 levels despite talk of production cuts in the steelmaking powerhouse. She told delegates at the Diggers and Dealers Mining For...

After years as a sideline act copper has emerged as one of the most celebrated commodities of this year’s Diggers and Dealers Mining Forum in Kalgoorlie, stealing the thunder from the gold, nickel and iron ore crowds. This graph from Solgol...

Peel Mining’s resource drilling at the Mallee Bull copper deposit in NSW isn’t even 45% completed and the company’s already returning solid results.   Assays have confirmed new broad high-grade copper intercepts at shallower depths than pre...

  PILBARA MINERALS (ASX:PLS) Everyone can agree it’s becoming a pretty good time to be a lithium miner. Pilbara Minerals, owner of the vast Pilgangoora mine in the north of Western Australia, was one of the mid-tiers that survived and it’s...

The big boys are coming out to play on Day 2 of Diggers and Dealers , with BHP (ASX:BHP), Newcrest (ASX:NCM), Roy Hill and Evolution (ASX:EVN) all taking the stage at the Goldfields Arts Centre in Kalgoorlie this morning. Newcrest as usual...

Peel has proven that its Wirlong deposit can complement the Mallee Bull deposit after metallurgical testwork achieved excellent recoveries and grades. The testwork on material from Wirlong achieved recoveries of 96.9% to produce a concentr...