Articles On Pursuit Minerals (ASX:PUR)

Investor sentiment for rare earths stocks is flying There is about 750g of magnet rare earths on every EV motor, about 2 tonnes in offshore wind turbines  EVs, wind turbines are exponential growth sectors Our High Voltage column wraps all...

Fitch has downgraded its gold outlook but expects prices to remain “elevated in the coming years compared to pre-Covid levels” Contrarian argument: “It is also a sector full of M&A possibilities as gold equities haven’t been this ‘chea...

ASX lithium miners are raking it in, a trend set to continue for a while yet CATL’s new batteries travel an impressive +1,000km between each charge Last week’s top ASX performers: Anson, White Cliff, Dart Mining  Our High Voltage column w...

Ford slashes 3,000 jobs as shift to EVs gathers pace At least 2 significant producers in Sichuan have suspended lithium production, while another has halved output due to the heatwave-driven powercrunch: Fastmarkets Last week’s top ASX per...

TSX listed Korara Resources finds another massive nugget stash at the Beta Hunt mine near Kalgoorlie The new discovery just below the super-rich, 30,000oz Fathers Day Vein China imported more than 80 tons (or 2.56Moz) of gold worth $US4.4b...

Pursuit Minerals (PUR) returns multiple high-grade results from rock chip sampling at its Commando gold project, around 38 kilometres north of Kalgoorlie, WA Earlier this year, prior to aircore drilling in June, the company collected 74 ro...

Emerging semi-solid battery technology uses a lot more lithium; battery metal shortfall may hamper rollout Are weakening cobalt prices about to get a boost? ASX lithium stocks bouncing back as more evidence emerges of long term supply shor...

The ASX 200 is pretty flat, small caps up circa 1%  Materials and energy leading gains Copper miners higher, Redbubble returns   The benchmark ASX200 was slightly higher at the close after some earlier gains. The Emerging Companies (XEC)...

Stockhead’s Top 10 at 10, published at 10.30am 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...

Pursuit Minerals (PUR) extends the gold mineralising system at the Ablett Prospect over 800 metres length The company received air core drilling results from a program which took place in May at the Calingiri East tenement within its Warri...

EVN’s Jake Klein predicts US$2-US$3,000/oz gold price for this time next year Is a wave of merger and acquisition activity coming in the ASX gold space? Bounce back in vehicle production to boost PGM demand Gold price hits a four-week high...

Gold price hits three-week high post-FOMC rates decision ASX Quarterly Gold Wrap: producers hit a low bar, investors are pleased Gold demand falls in H1 as cost-of-living pressures bite, WGC says Our Gold Digger column wraps all the news...

Gold is down 5% for July and on a broader downward trajectory, Metals Focus says Aeris Resources’ Golden Plateau deposit could extend the mine life at Cracow Golden State Mining has kicked off drilling at the Yule project in WA   Our Gold...

The US Department of Energy’s loan programs office is open to Aussie producers Energy Secretary Jennifer Granholm wants to reduce reliance on China’s battery metals Rimfire Pacific Mining gains full control of the Broken Hill Cobalt Projec...

The US dollar looks set to reach 20-year highs, impacting gold’s safe haven status JP Morgan employees on trial in Chicago after ‘spoofing trades’ accusations PGM supply through the recycling of auto catalysts has taken a hit ‘cos Covid O...

Effective battery recycling will be crucial to meeting future metals demand ASX battery recycling stocks include Neometals, Hannans, and Lithium Australia Weekly small cap standouts: Panther Metals, Odessa, Flynn Gold Our High Voltage col...

Battery producers look to increase energy density and drive down raw material costs CATL’s Qilin battery is 13% more powerful than the one planned by Tesla Stellantis adds 5 years to lithium offtake agreement with Vulcan Energy   Our High...

Swiss data shows the highest total January to May bullion shipments since 2018 On a year-to-date basis US gold imports surged by 170% to 103t US also the largest destination for Swiss silver bullion, accounting for ~30% of the total; up fr...

Aussie-listed lithium pure plays Pilbara Minerals (ASX:PLS) and Allkem (ASX:AKE) are down 40% and 10%, respectively, year-to-date Both are pulling in record revenues Meanwhile, lithium contract prices are still rising Our High Voltage col...

Newmont’s Tom Palmer says gold may have found new floor of ~US$1600/oz in the wake of inflation With small gold miners are struggling with rising supply chain and labour costs, Palmer says consolidation in the sector makes sense Drilling r...

Pursuit Minerals (PUR) begins a 5500-metre aircore (AC) drilling program at its Commando project in Western Australia A total of 156 holes will be drilled across the Paddington North, Gidji and Federal West project areas to test gold anoma...

Benchmark gives four reasons why Goldman Sachs is wrong on lithium oversupply claims Chinese lithium — Goldman’s most significant source of new supply — is low quality and expensive Lithium contract pricing continues to rise Our High Volt...

ASX lithium stocks suffered selldown after major investment bank Goldman Sachs called top of battery metals boom Cowen disagrees, models 19% deficit to demand from 2023-2030 Stock prices don’t reflect current high lithium prices: Jefferie...

Vanadium is a battery metals firecracker right now, with the price continuing on a rapid upwards trajectory. Here’s a look at how vanadium stocks have become so popular, what’s driving the demand and key ASX-listed companies to know.   It’s...

Sans coal and oil, battery metals are blowing the rest of the commodities complex away in 2022 Lithium carbonate and hydroxide are up 85% and 127% respectively A breakdown of 2022’s five most popular ASX battery metals stocks Our High Vol...

Pursuit Minerals (PUR) has uncovered four new prospects from auger sampling at its Commando project in WA The results generated the Bungarra and Skink prospects within the Federal West tenement and the Whisperer and Wedge prospects at Padd...

1 gram of gold can be recovered from about 41 recycled mobile phones Mint Innovation can recover $US12,000 worth of gold from one tonne of old circuit boards Gold trades sideways at ~$US1,850/oz Our Gold Digger column wraps all the news d...

Cobalt deficit starts to widen from 2024, with no end in sight Labor’s election victory good for “battery material stocks, hydrogen, or new technology”: Far East Capital Booming EV sales will still fall well short of 2050 targets, IEA says...

Besra is drilling to grow substantial 3.3Moz ‘Bau’ gold project in Malaysia Aircore (early stage) drilling of anomalies at Warrior nickel-copper-PGE project now complete, Pursuit says Carbine (silica sand), Discovery Alaska (lithium), Reso...

Pursuit Minerals (PUR) completes aircore drilling at the Warrior project in WA and begins a moving loop electromagnetic (MLEM) survey Aircore drilling was undertaken over auger geochemistry targets at the Smogo’s and Ablett prospects and a...

ASX to open lower on Friday US stocks fell again overnight MyDeal acquired by Woolworths ASX to open lower on Friday Aussie shares are set to dip at the open after US sharemarkets fell overnight. At 8am AEDT, the June ASX 200 futures inde...

High prices for raw materials like lithium and nickel add ~$US12,600 to cost of Silverado EV Carmakers, battery makers increasingly investing in cheaper, better solid-state tech This week’s biggest ASX movers: Galileo, Conico, Greenstone...

Pursuit Minerals (PUR) completes the sale of its Scandinavian nickel and vanadium projects to Kendrick Resources for $3.1 million The sale comprised the issue of around $2.35 million worth of Kendrick shares, equivalent to 37.9 million sh...

Emerging markets index closes 1.4% higher ASX200 gains 0.3% Havilah Resources the big winner on Tuesday   The Emerging Companies (XEC) index is tracking higher on Wednesday, up 1.4% buoyed by strength in the energy and materials sector...

US gold price down more than 10% or $200 from its peak But Aussie gold miners faring better due to weak AUD-USD exchange rate This week’s ASX standouts: Twenty Seven Co, OzAurum Resources Our Gold Digger column wraps all the news driving...

To find 10-bagger stocks investors often go “where the industry is less comfortable”: Rick Rule But risks abound. Lithium favourite AVZ is the latest ASX stock to potentially come unstuck in a Third World jurisdiction Global energy transit...

Pursuit Minerals (PUR) progresses exploration activities at its Warrior project in Western Australia, after reporting assays and implemented a land access agreement The company reported assays from resampling at the Phil’s Hill target in t...

In April, the mining and exploration cohort was going gangbusters, until it wasn’t. Hitting an all-time high of 19,321.70 points on April 19, the S&P/ASX 200 Materials index (XMJ) then plummeted ~11% in a week to erase a full month of g...

Pursuit Minerals (PUR) acquires the Oriental gold prospect in Western Australia The purchase comes as part of an asset swap deal for the Gladiator Tenements and is hoped to enhance Pursuit’s recently acquired Commando project The net cost...

Statevolt plans battery metals plant in US, signs lithium supply deal with Controlled Thermal Resources WA’s Curtin University gets $50m Trailblazer funding for resources technology and critical minerals hub Weekly ASX battery metal st...

Are high fuel prices accelerating the EV transition? Macquarie says ‘valuation upside remains for all covered ASX lithium and rare earths stocks’ Biggest ASX movers this week: Krakatoa Resources, Ragnar Metals, GME Resources, Jindalee Reso...

Pursuit Minerals (PUR) begins aircore drilling at the Calingiri East tenement within its Warrior project in WA The 72-hole program is focused on the Phil’s West, Smogo’s and Ablett prospects and will test extensive anomalies associated wit...

Canada is slated to invest $2b in nickel, lithium, cobalt, and magnesium Prime Minister Justin Trudeau’s government is due to release its budget on Thursday Weekly ASX battery metal standouts include Golden Deeps, Latin Resources and R...

ASX Emerging Companies (XEC) Index is about 0.2% lower ahead of the close on Tuesday Iron ore maintains US$160, AUD steadies around 75.4 US cents Major movers today: Payright (ASX:PYR), Sovereign Metals (ASX:SVM)   The ASX200 had a nasty...

The dollar jumped and the share market gave back most of its gains after the Reserve Bank opened the door to rate increases. The central bank left the cash rate at a record-low 0.1 per cent, but dropped a reference to being “patient” wit...

Australian shares rallied ahead of a Reserve Bank policy update that could clear the way for higher rates as soon as next month.   The S&P/ASX 200 climbed 51 points or 0.67 per cent by mid-session. The rally set the index on track fo...

ASX Emerging Companies (XEC) Index is about 1.25% higher ahead of the close on Monday Iron ore shakes $US160, Aussie rattles US75¢ Major movers today: Top End Energy (ASX:TEE), Golden Deeps (ASX:GED), Sayona Mining (ASX:SYA)   The ASX Eme...

Highlights The ASX Small Ordinaries index surged over 1.1% to 3,384 by 12:20 PM AEST today. SYA, GED and PUR are three ASX that kicked off this week with a bang. Penny stocks are highly volatile; therefore, investors must stick to pro...

Michael Gable is an expert guest commentator for the Finance News Network, presenting “Stock Watch” each week – covering stock tips and shares on the Australian market (ASX). This video is dated 4 April 2022.  Shares covered: (ASX:LYC), (AS...

ASX Emerging Companies (XEC) Index is about 0.3% higher ahead of the close on Friday Iron ore maintains US$150, AUD falls back under 75 cents Major movers today: RiversGold (ASX:RGL), Latin Resources (ASX:LRS)   The ASX200 looks like clos...