Articles On Red Hill Iron (ASX:RHI)

Iron ore and coal to drive $425 billion windfall for resources exports in 2021-22 according to Canberra forecasters India removes tariffs on Aussie coal exports as part of free trade deal Coal prices start to normalise (kinda), with premiu...

Australian companies are lining up to deliver new high grade iron ore mines in a bid to capture tailwinds from the need to reduce emissions across the sector. This week no less than three studies have been released by ASX-listed juniors, ta...

Analysts tipping a major correction in the coal price by the end of 2022 have changed their tune after Russia’s war with Ukraine blew up the market. Prices have confounded belief, with tightness in the seaborne segment of the coal market bo...

Coal prices have bounded to new record highs on Russia’s invasion of Ukraine, extending the bonanza Australian based coal miners have enjoyed since the middle of last year. The stunning turnaround in metallurgical and thermal coal prices ha...

There were 0 producers in January’s Top 50 ASX resources stocks. In February there were 12, plus a handful looking to join their ranks by the end of the year. Why? Maybe reporting season underlined just how much money miners are making from...

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...

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...

Back before the last mining boom buying a tonne of iron ore was little more than a trip to the corner store, with the bulk commodity fetching prices in the range of US$30/t. When Chinese steel production and industrial growth began to overt...

In one of the big iron ore headline makers of the past month the WA Government has released its new plan for Port Hedland, the world’s largest iron ore export hub. The Pilbara Ports Authority has already pushed its export rate beyond the 49...

Iron ore is in familiar territory right now. Talked down by analysts who predict it is due for a dive, the headline Australian commodity has been defiant in 2022 so far. Despite the column inches expended on the rise in crude oil prices so...

The Pilbara iron ore miners are facing business pressures on a number of fronts, including the on again, off again story around the reopening of WA’s Covid border. The WA Government’s decision to delay its planned February 5 reopening inde...

The iron ore market does not offer the simple narrative that it did in the first two decades of the 21st century nor that of the suite of “green metals” like lithium, nickel and copper now hitched to electric vehicle sales and efforts to ma...

Highlights Multibaggers refer to the stocks that deliver returns multiple time larges than the cost of purchase. Several ASX-listed stocks managed to give eye-popping returns in 2021 despite COVID-19. SYN, RHI and PRL are a few stocks...

Highlights  Many Australian businesses experienced ups and downs in 2021 for a variety of reasons. However, by overcoming all obstacles, some companies were able to earn a return of over 1000%. In 2021, fortune shone on investors in th...

2021 was overall a more stable year than 2020 for ASX investors, but some companies still experienced hefty gains – some across the whole year but others on just a single trading day. In 2021 there were 17 ASX companies that rose by 200% or...

Gina Rinehart is back in action, this time to revive one of Australia’s longest delayed iron ore projects. Rinehart and her company Hancock Prospecting signed a development agreement this week to lead a bankable feasibility study on the Har...

Where 2020 was all about gold, palladium and iron ore, 2021 has been dominated by the EV thematic. Battery metals prices posted strong year-to-date gains across the board. According to Benchmark Mineral Intelligence, the lithium index was u...

Coal mining is hardly popular but governments around the world, most of whom have promised to work to reduce the impacts of climate change, can’t get enough of it. It may be getting harder to finance and gain approval for mining coal, the b...

Iron ore has been unpredictable in 2021 and it would be a brave person to make a hard and fast call on where it will end up in 2022. In fact, with the whims of the Chinese Communist Party and vagaries of its economy one of the major factors...

The topsy turvy data coming out of China’s steel sector continues to roll on after the world’s biggest steelmaker revealed iron ore imports hit a 13-month high in November despite sliding steel production. China’s appetite for iron ore roar...

Highlights ASX 200 has had one of the best years [2021] since its inception. With 2021 just about to end in a month, investors have already raked in massive gains, especially in the metals and mining stocks. SYA, PRL, LKE etc., are so...

Lithium minnow MinRex added to Garimpeiro’s imaginary, high-performing five-stock portfolio Labyrinth hits visible gold, hires former Northern Star geology boss Scorpion (gold, iron ore, nickel-copper, PGEs), Brockman (iron ore) and Kaili...

Hancock Prospecting is making a big move into magnetite iron ore, this week inking an initial $9 million deal to farm into the Mt Bevan iron ore project owned by juniors Legacy Iron Ore (ASX:LCY) and Hawthorn Resources (ASX:HAW). It’s an in...

Highlights  Stocks offering high returns attract market participants. Stocks delivering strong return gives a positive impression about the Company. RHI, RNU, CAE, PH2, CTT are a few top players offering YTD returns of more than 500%....

Westpac is the latest major financial institution to knock down its iron ore forecasts after prices dived below US$100/t again on a slowdown in steel production in China it describes as the largest since 2008. It revised its price forecasts...

The ASX 200 rose 0.64% on the first trading day of the month. All sectors were in the green except financials – a sector dragged down by Westpac (ASX:WBC) following its results. The best sectors were consumer discretionaries, telcos and uti...

Local stocks lost ground on Thursday, with minor falls at the big end of town and a slightly steeper drop of ~0.8% for the microcap Emerging Markets Index. The ASX opened with a weak lead from Wall Street, after a fortnight of steady gains...

If there was any doubt about the importance of grade in iron ore, check out the latest numbers from Mineral Resources (ASX:MIN). Chris Ellison’s miner suffered a 48% discount to average Platts 62% iron ore prices in the September Quarter. T...

The Mineral Resources Limited (ASX: MIN) share price is plummeting on the back of the company’s quarterly report. Over the first quarter of financial year 2022, Mineral Resources’ realised iron ore price represented a realisation of 48% to...

One of the biggest exploration success stories of the decade prior to COVID-19 was copper play Sandfire Resources (ASX:SFR). A struggling explorer at the time the GFC hit, it stumbled across the DeGrussa copper-gold deposit and is now a $2...

Highlights The ASX 200 benchmark is a home to wide range of shares from food and technology to infrastructure. Usually, kids are the most left behind, when it comes to share market for obvious reasons, but their parents can still gift...

Set against rumours of its demise, spot iron ore has remained stubbornly defiant, reminding investors again why forecasting is a fool’s errand by bouncing above US$135/t on Monday night. A broad consensus is forming around metals like coppe...

Minerals explorer Zenith Minerals has enjoyed a massive rerating over the past 12 months, with its share price soaring more than 80%. That came on the back of exposure Zenith Minerals (ASX:ZNC) had to the emerging top-tier Earaheedy zinc di...

Is there any end to coal’s incredible price run in 2021? This week has seen thermal coal prices rise to record levels, with low volatility 6000kcal product from Newcastle soaring 5% to US$240/t yesterday. Twelve months ago, when China’s dip...

Highlights The global resource sector has witnessed an impressive journey with commodity prices surging from the lows in early 2020 to multi-year high levels. The recent production curbs on steel and aluminium production in China to li...

The biggest director trade on the ASX in the past fortnight came from one of Australia’s most famous pub barons – Bruce Mathieson of Endeavour Group (ASX:EDV). Mathieson is 63rd on the Top 22 rich list with a net worth of $1.54 billion. End...

Coking coal prices have gone a wee bit crazy in recent weeks, presenting a once in a generation opportunity for ASX-listed companies who looked sickly as the 2021 financial year wrapped up. According to Fastmarkets MB, supply remains tight...

Highlights The ASX 200 has rallied to all-time highs this year, delivering a 10.25% YTD return (as of 9 September 2021). Some stocks such as SYA, FME, PRL have delivered a massive 4-digit return this year. It’s difficult to pick these...

Highlights The year 2021 had been a good one for Australian equities, with the ASX 200 delivering a 12.66% YTD return (as of 7 September 202). Some of the best ASX outperforming stocks this year are RHI, DO, PRL, etc. Picking up these...

Is Rio Tinto (ASX:RIO) going to disappoint on shipments yet again? The gaffe-prone Pilbara miner, which was carried by stratospheric iron ore prices to a US$9.1 billion dividend at the half year, appears likely to miss its ambitious guidanc...

ShareCafeAustralia… One Hour In… ASX200 up 24 ASX200 up 24 points (0.3%) to 7509.   Ampol (+1%); ex div 52c.  Trading up 29c. Bendigo Bank (-2.5%); ex div 26.5c  Trading down 25c. Bovus (-1.8%); ex div 6c.  Trading down 5.5c. Coal ; CRN (+...

03 Sep 2021 - Mineral Resources (ASX: MIN) acquired a 40 per cent interest in Red Hill iron ore joint venture (RHIOJV), located in the West Pilbara region of Western Australia.

August was another month of lockdown for much of Australia’s East Coast but lockdowns and even a 2% drop in the middle of the month couldn’t stop the ASX from producing another winners list. The ASX 200 ultimately finished August 1.9% highe...

Shareholders of Red Hill Iron have voted to sell the company’s 40pc stake in the West Pilbara iron ore project to Mineral Resources for $400m and a royalty.

Andrew Forrest said he wouldn’t bet against the price of iron ore this week as he addressed media and analysts in a lap of honour for Fortescue Metals Group’s (ASX:FMG) transformative 2021. That was driven by record high iron ore prices thr...

How’s that Aussie coal ban going for China? Prices of imported premium coking coal in the Middle Kingdom soared to record highs of US$384 per tonne while China looks around every nook and cranny to source the product it once got from our ea...

It powers Australia’s economic engine room, but iron ore is sputtering after the spot price recorded its biggest single day drop on Friday since index pricing began. Fastmarkets saw iron ore prices for benchmark 62% fines to northern China...

Highlights  Iron ore prices slumped to eight-month lows on the rising concerns of coronavirus spread and expectations of slower economic growth. Iron ore prices had skyrocketed to record highs in May due to strong demand from the Chine...

BHP (ASX:BHP) has taken advantage of 2021’s astonishing boom in iron ore prices to shower shareholders with a record dividend and kickstart the transformation of the world’s biggest mining house. Its final payout of US$2 per share came off...