Articles On Pursuit Minerals (ASX:PUR)

FxPro predicts US$2600/oz gold price, sparked by changes in monetary policy 6 of the top 8 gold stocks by market cap have made double digit gains so far in 2023, led by Newcrest (ASX:NCM) with 29% Our Gold Digger column wraps all the news...

Ramelius Resources reigns supreme with top gold discoveries in the last five years Newcrest Mining is close on its heels, taking out 2nd place This amateur prospector just found a gold nugget worth $240K    Our Gold Digger column wraps a...

US and Japan strike a trade deal on electric vehicle battery minerals Ford plans to onshore US mining and processing capability inline with EV goals  Liontown Resources biggest mover this week following Albermarle takeover offer  Our High...

Al Jazeera investigation uncovers ‘money washing’ scheme using Zimbabwean gold involving senior diplomats, church leaders Zimbabwe produced a record high ~356t (12.5Moz) gold in 2022 Fast-deprecating currency makes Zimbabwe perfect breedin...

While gold has shined this year, platinum group metals are well off their recent highs Metals Focus says rare PGE rhodium could be in for a rerate this year that big Used in catalytic converters, rhodium supply is in deficit and largely co...

Chinese media announced a major “50t” gold discovery over the weekend, containing metal worth “US$3 billion” In the grand scheme of things it doesn’t appear that big Christian joins Gold Digger live from France to unpack the US Fed meeting...

Speeding up the processing application procedure of EU’s CRMA will help the bloc build its supply chain, experts say Cobalt prices tumble 60% since April 2022 Mincor up 30% for the week Our High Voltage column wraps all the news driving A...

Gold prices threaten $3000/oz in Aussie dollar terms Fitch says they could move towards US$2075/oz record, but are likely to hit resistance Besra up after announcing US$300m funding deal for 3Moz Bau gold project in Malaysia Our Gold Digg...

Gold prices surge 3% on bank fears, threatening US$2000/oz This week’s rate decision by the US Fed could weigh on gold after prices broke through Australian dollar record $2900/oz Ramelius down on Breaker deal, Tietto up after commissionin...

Central banks are buying gold at record levels with holdings now at 50-year highs: Sprott Gold tends to hold its value in times of crisis Central Bank buying ‘extremely’ bullish: Goehring & Rozencwajg They say investors with no perform...

Tesla already has profit margins far bigger than its competitors It plans to cut manufacturing costs for its next generation of vehicles by a further 50% “If Tesla can sell its new model for US$25,000, that will be revolutionary”: Wood Mac...

Gold defends psychologically important US$1800 level and is currently paying ~US$1840/oz Rox Resources up 66% on monster hit outside 3.2Moz Youanmi resource Miners Ramelius (+20%), Resolute (+14%) lead strong week for mining stocks Our Go...

Reporting season wrap: PLS announces maiden divvy on $1.24bn NPAT, AKE and MIN also enjoy skyrocketing lithium profits +US$1.5bn of copper and cobalt is being stockpiled in the DRC due to a dispute If it hits the market cobalt prices will...

Perseus Mining (ASX:PRU) continues to claim the title of ‘ASX’s Most Consistently Good Gold Producer’ Other ASX miners a mixed bag Gold is currently at a 2-month low of $US1835/oz Our Gold Digger column wraps all the news driving ASX stoc...

Pursuit Minerals (PUR) confirms “significant” rare earth element mineralisation from its latest drilling program at the Calingiri East project in Western Australia The company has received results from over 3470 metres of aircore and rev...

We are likely in the early stages of this battery metals super cycle: Sprott Asset Management Lithium supply ‘unlikely to keep up’; copper and nickel supply will also go into deficit Battery metals M&A also ramping up Our High Voltage...

Wesfarmers says Mt Holland lithium project capex is now $1.2-1.3 billion BMG Resources eyes acquisition of the Bullabulling Project in WA Octava Minerals has flagged a new lithium target at the Talga project   All your ASX lithium news fo...

The ASX 200 was unchanged  The ASX XEC slips 0.38% 8 out of 11 sectors were higher lead by Information Technology   The ASX 200 was unchanged today and the ASX XEC was down 0.38%.  The index has lost 0.98% for the last five days, but sit...

AVZ’ problems compound with cancelation of mining licence decree for Manono lithium project Shareholders remain in limbo, with AVZ in suspension since May 2022 Aussie-based firm Recharge Industries has been named as the preferred bidder fo...

Gold rallies past US1,950/oz on Fedspeak, before falling back below US$1,920/oz on Friday “Bullion traders will need to see disinflation trends remain strong and for the labour market to soften for the bull case to remain in place”: OANDA’...

Tesla (NASDAQ:TSLA) has announced a 100GWh Gigafactory expansion in Nevada It could need up to 115,000t lithium, 15,000t cobalt, 14,000t manganese, 125,000t nickel and 170,000t graphite anode per year Standout Battery Metals Stocks of the...

Lithium producers are releasing some truly stunning numbers for the December quarter Analysts are upgrading their outlook for 2023; ASX producers are heading back towards all-time highs Battery Metals Weekly Winners: Conico, Patriot Batter...

Vanadium demand in batteries expected to grow ~10.6% a year between 2021 and 2050 New supply needed from 2029 as demand overtakes supply: WoodMac “The development of vanadium redox flow batteries for mega scale energy storage is developing...

The ASX 200 rose up 0.90% and ASX XEC was also up 1.24% A solid 10 out of 11 sectors were higher, with Real Estate leading the way ABS releases a bunch of data and travel and accommodation prices are rising   The ASX 200 gained 0.90% toda...

Deal activity in mining is shaping up to be electrified in 2023, as the green energy transition and adoption of mobility electrification creates ever-growing demand for critical and battery metals. While H1 2022 was a robust period for M&am...

Core Lithium ready to ship ore to China, with first shipment loaded Green Critical Minerals confirms 160km long rare earths trend in the NT Critical Resources to acquire Gullwing-Tot Lakes property in Canada   Our High Voltage column wrap...

Lithium prices slip but medium-long term outlook for still solid according to BMI Argosy says 98% of operation development works at Rincon are now complete Xantippe flags a brine target with potential to host a large lithium deposit at Car...

Highlights Pursuit Minerals is gearing up to acquire 100% of Trilogy Minerals Pty Ltd Trilogy has successfully completed its AU$8 million fundraising and acquisition of four lithium licences in Rio Grande Salar, Argentina Following th...

Minerals exploration and development company Pursuit Minerals (ASX:PUR) reports it is on track with its takeover of Trilogy Minerals, with Trilogy raising $8 million and acquiring 4 lithium licences in Argentina as part of the pre-acquisiti...

Here are the biggest small cap resources winners in early trade, Friday December 30.    LEPIDICO (ASX:LPD) (Up on no news) LPD improved the economics of its Phase 1 lithium project, based on an integrated mine, concentrator and 5,600tpa hyd...

Metals Focus reckons early 2021 Reddit squeeze sparked almost two years of record retail silver demand US market achieved a new high last year of almost 4,000t of physical silver investment, “a performance which could be eclipsed this year...

Gold prices have historically outperformed during recessions ANZ research raises end of 2023 gold price target to $US1,900/oz Weekly small cap standouts: Peregrine Gold (ASX:PGD), Ora Gold (ASX:OAU) Our Gold Digger column wraps all the ne...

Both the ASX 200 and small cap index were in the red again today 8 out 11 sectors finished lower let by materials (aka mining) KPMP says our strong labour market has flow through implications to wages growth, spending and inflation   The...

Both the ASX 200 and small cap index were in the green today A massive 11 out 11 sectors finished higher let by Utilities Westpac says rising interest rates and cost of living will hit consumers and businesses after Xmas   The ASX 200 was...

Leo Lithium wraps up resource drilling at Goulamina Project Red Dirt Metals executes a non-binding MoU for future product offtake Midas Minerals receives initial surface geochemical results from the Lake Seabrook Project in WA All your l...

A slow start to the week with the ASX 200 down 0.45% today Small cap index falls 0.59% and 7 out 11 sectors finish lower CBA says consumer sentiment could be in deeply pessimistic territory for some time   The local bourse had a flaccid s...

Welcome to the end of the day, where we recognise that your day has been just as hectic as ours, so we spend some time trawling through the news to bring you the bits and bobs from the ASX and elsewhere that keep you informed and looking su...

Morgan Stanley bears warn lower Chinese demand could hit lithium prices in 2023 New US plant to double Yank cathode production by 2027 as customer General Motors plots electric makeover Top ASX battery metals stocks this week: NiCo Resourc...

Pursuit Minerals (PUR) has highlighted the potential for rare earth element (REE) mineralisation at its Warrior project in WAThe company reviewed drill samples from the Calingiri East and Bindi Bindi tenements, which were assayed for three...

Central banks buying gold at the fastest pace on record Another gold bull signal for 2023 — the crypto collapse Global silver demand on course for record high in 2022 Our Gold Digger column wraps all the news driving ASX stocks with expos...

Gold could have steady path towards $US1,800 level if dollar weakness remains: OANDA ASX gold miners surging this week, led by Evolution Mining +30%, Capricorn Metals +27%, and Regis Resources +27% Weekly small cap standouts: Focus Mineral...

Energy transition metal ETFs a way for retail investors to get exposure to a variety of future-facing metals and stocks Examples on the ASX include CLNE, GMTL, XMET This week’s top battery metals stocks: Trek Metals, Winsome Resources Our...

Just five miners/ near-term gold miners are in the green over the past 12 months They include Tietto Minerals, Ora Banda Mining, Emerald Resources, Capricorn Metals and Perseus Mining Top precious metals stocks this week: Hamelin Gold, Zul...

Since reaching its peak in the summer of 2020, silver has fallen ~35% Smart money is going net long on silver, speculators almost net short; a good sign for silver outlook say Goehring & Rozencwajg This week’s top ASX precious metals s...

USD gold price continues to fall, currently $US1,621/oz Mixed bag of results for gold producers in Q1: Perseus, Northern Star outperformers so far Weekly small cap standouts: Strickland metals, Medallion Metals. GBM Resources Our Gold Dig...

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...

Retail investment in gold, silver has either hit new peaks or held up at multi-year highs, says Metals Focus 1 ounce gold Maple Leaf in the US commands a 40% premium at the retail level, for example This week’s top movers: Sihayo, Dacian,...

China will extend its dominance in cathode production, increasing market share from 78% in 2022 to 87% in 2030: Benchmark And yet this will mostly be from Tier 3 producers, which currently do not supply EV market Tier 1 production — those...

PGM demand will remain strong until about 2025, when it will start to fall off a cliff: Metals Focus Why 2025? Because that’s when electrification of transport really kicks up a gear However, Bridge Street Capital analyst Chris Baker belie...

The ASX 200 gains 0.2%   Small caps end slightly lower  The hunt for red (ETF) September   The ASX 200 has made a decent fist of Thursday, rebounding in its own way and ending the session 0.2% higher. The energy sector led gains again. Th...