Articles On Red Hill Iron (ASX:RHI)

If you’ve been watching the recent price action in lithium stocks, this week’s edition of Hot Money may not come as a huge surprise. Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relative Strength Index (RS...

Summary China’s decision to limit steel production in the second half of 2021 has taken a toll on iron ore prices. Iron ore prices have plummeted to nearly 20% in comparison to the all-time high levels. Despite closely monitoring and...

The Mineral Resources Limited (ASX: MIN) share price extended its run into the green from the start of today’s session. Over the past month, mineral resources shares have pushed 11% higher on the charts. Mineral’s shares are now exchangin...

Iron ore prices fell to their lowest level in two and a half months on the back of noise about steel production cuts in China on Friday, only to moderate on Monday. A 7% flop in iron ore prices to a little over US$180/t to end last week wou...

Local markets have made a strong start to the week, with the ASX200 closing 1.34% higher on Monday as some major M&A activity stole the headlines. Gains were led by the tech sector, as Afterpay (ASX:APT) showed its weight by dragging th...

The Chinese Government may be quietly satisfied after sentiment around steel production cuts finally knocked down the iron ore price, hammering it 7% to a tick over US$180/t on Friday. That led to a pretty bad day for the iron ore miners, w...

Summary Cedar Woods (ASX:CWP) acquires sites in Melbourne’s west Square, Inc. announces plans to acquire Afterpay (ASX:APT) Santos (ASX:STO) says yes to the proposed merger ratio with Oil Search (ASX:OSH) The S&P/ASX200 is up...

The Red Hill Iron Limited (ASX: RHI) share price is putting all other ASX shares to shame today, rising an astonishing 275%. This comes after the junior miner is proceeding to sell its 40% interest in the Red Hill Iron Ore Joint Venture (R...

Summary Benchmark index, the ASX 200, gained as much as 1.3% to hit a fresh record high of 7,498.70. Ten of 11 sectors were trading in green, while tech index rallied over 8%. BNPL major Afterpay surged over 24% on a takeover offer by...

Summary At the opening tick, the ASX 200 is trading 0.32% up, at 7,415.9. On Friday, US stocks closed lower, retracing further from record highs as an underwhelming earnings report from Amazon spoiled investors’ mood. Oil Search has a...

Stockhead’s Top 10 at 10, published at 10.15am 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...

The Mineral Resources Limited (ASX: MIN) share price will be in the spotlight on Monday morning. This comes after the mining services company announced it will acquire Red Hill Iron Limited (ASX: RHI)’s Iron Ore Joint Venture (RHIOJV). At...

The armed forces could be called upon to enforce Sydney’s strict lockdown, and we might see troops on the streets as early as Monday. On the bourse, the benchmark ASX 200 has closed 0.40% lower on Friday, but was flat for the week. The mini...

Are Chinese steel margins on the way back up? Sliding and eventually negative steel margins in June led many analysts to the conclusion that high prices for iron ore would slide rapidly in the second half of the year as steel producers look...

Tasmanian iron ore producer Grange Resources (ASX:GRR) has become well known for the quality of its iron ore and, while small in volume, makes up for it in tactical nous by supplying pellets that grade around 65%. The Caleb Daniel of the ir...

Showers of cash from the big boys of iron ore over the next few weeks will increase investor interest among smaller players in Australia’s most profitable mining industry. BHP (ASX: BHP), Rio Tinto (ASX: RIO) and Fortescue Metals (ASX: FMG)...

In spite of China’s complaints about commodity prices, iron ore was relatively steady in June after a volatile May, with benchmark 62% fines opening the first full week of the new financial year above US$220/t. Those price levels, up from a...

In FY21 the ASX 200 returned over 20 per cent but the 100 best performing ASX stocks all gained over 390 per cent and made an average gain of 821 per cent. Stockhead has compiled a list (see below) of the 100 best performing ASX stocks base...

The sun is shining again on Australian iron ore, at least for now, with prices again threatening to touch historic levels just one month after reaching record highs. Benchmark 62% fines opened the week in China at US$222.30 a tonne, just US...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers during the trading day. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intrad...

• Benchmark 62% Fe iron ore price closes a wild month after 5.6% rally to $US198.75 • Iron ore futures trend higher at the end of a week dominated by talk about Chinese intervention • Coking coal finds price support as Aussie export prices...

Early last week, Chinese premier Li Keqiang said China needed to take more steps to curb “unreasonable” price increases for bulk commodities, right after we wrote this: Lol. Hubris.…which aged badly. Iron ore prices have fallen below $US200...

Is this what winning a trade war looks like? Chinese sanctions on our wine, coal and lobster pale in comparison to the mammoth prices being paid for Australian iron ore. In fact, the Aussie government could rake in an extra US$34 billion ($...

Summary Commodity prices are hitting all-time high levels amid robust economic recovery. The market has recorded an unexpected commodity demand surge after the ease in global lockdowns. Many ASX-listed resource space players are cashi...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade. WINNERS Scrol...

Iron ore 62 per cent fines prices were unchanged this week at US$188 per tonne Hard coking coal prices were up US$0.35 to $US111.13 per tonne at Queensland ports The Chinese steel industry has pointed the finger at the concentrated owners...

Google April 2021 and the first things you’ll find isn’t ASX winners but questions about COVID-19. Just another month in the pandemic, right? Well, yes and no. On one hand the vaccine race continues across the world – far slower than we’d l...

Funds management administration company Mainstream Group (ASX:MAI) topped the Running Hot list with a 14-day RSI of 92 this week. Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relative Strength Index (RSI)....

This is getting absurd. Iron ore was up another $US6.35 – or 3.4% — yesterday to $US191.45/t (CFR Tianjin port). That’s very close to all-time highs of ~$US200/t, reached in November 2007. The US iron ore price (62% fe) since late 2007. Pic...

Summary Octanex’s share price has rocketed by a massive 80.7%, trading at AU$0.095. Resource Mining’s share price rose by 26.6% to AU$0.019 in today’s session. Aeeris’ share price has increased by 22.7% after the company reported its...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade. WINNERS Scrol...

Iron ore 62 per cent fines prices traded this week at $US182 per tonne, up $US7.45 on a week ago Hard coking coal prices were down $US2 on-week at $US105.10 per tonne at Queensland ports China’s steel reinforcing bar price is down $US9.55...

Iron ore 62 per cent fines prices traded this week at $US174.55 per tonne, up $US3.65 on a week ago Hard coking coal prices were down $US1.50 on-week at $US107.10 per tonne at Queensland ports China’s steel reinforcing bar price is down $U...

Iron ore price predictions are all over the shop. lol.Clearly, no one has a clue where iron ore prices will end up. But we can tell you where they’ve been (and maybe where they’re going next). Prices are still at historically high levels, b...

WA gold explorer Bryah Resources jumps on mega drill hit Kincora Copper surges after hitting the ASX boards in an IPO Red Hill Iron gains without any update on its Pilbara iron project   Here’s your top ASX small cap resources winners in...

Stockhead’s Hot Money Monday analysis is based on the Relative Strength Index (RSI) — a technical gauge which measures how trading momentum is affecting the price action. A reading of 70 is seen as the level at which a company may have been...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest movers – the winners and losers alike. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday t...

Stockhead’s Top 10 at 10, published at 10.15am 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...

A quick wrap of the key winners and losers on Friday, May 8. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made market-moving announcements during the day. WINNERS Code Company Price % Change V...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

Highly successful prospector Mark Creasy has his finger in a lot of exploration pies and he doesn’t appear to be slowing down anytime soon. Coziron Resources (ASX:CZR) is Creasy’s largest listed investment, with Bloomberg data showing his o...

The Australian Iron Ore Mining industry is extremely focused and iron ore is amongst the most crucial products of the Australian economy. The price stances of iron ore have been a hot topic for the year, thanks to the rapid gush to the fiv...