Articles On Superior Resources (ASX:SPQ)

The ASX200 closed up slightly by +0.1% on Monday as gains in tech and gold stocks were offset by losses in the energy sector.  Energy stocks struggled as crude prices fell more than US$1 a barrel in Asian hours today after Israel confirmed...

SPQ turns heads in NE Australia after the Queensland state government grants it a nice slice of critical minerals funding Kuniko delivers a sizeable nickel-copper-cobalt MRE over in Norway Lithium hopeful Lepidico up on director news regar...

Gold hit a US ATH, then dipped a tad, but not by much. In fact, it’s doing pretty well on the whole… … It’s less volatile than Bitcoin, anyway, which is a good or bad thing depending on outlook Speaking of which, RBC has some fairly cautio...

Local markets recover early losses to close slightly ahead Material and Financial gains offset IT and Property losses Small Caps led by ADX Energy   Aussie share markets have recovered from early losses to close Monday, ever so slightly i...

Gold has pulled back from very recent highs after the latest ‘sticky’ US inflation figures But… the price action in general looks pretty solid from where we’re sitting, and so does the TA Leading ASX goldies this week include: BMR, BMO, GS...

  Local markets get smashed, drop 1.8pc All 11 ASX sectors down Small Caps led by Task Group   A record close on Friday has found a typically ASX200-flavoured follow-up on Monday after the last session in New York saw US semiconductor dar...

Aspiring WA lithium major and aggressive consolidator Delta (ASX:DLI) inks JV deals with neighbours Reach and Voltaic Reach up 75% in early trade A Monday morning webinar by gallium hunter Gold 50 also appears to be ticking boxes for inves...

Stockhead’s Top 10 at 10, published at ~10.40am 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...

Gold hit an all-time high this week, ending Friday in strong form The World Gold Council predicts global elections and Fed cuts could keep the precious metal elevated ASX gold stocks performing well this week included: KNB, SXG, AWJ   Wha...

ANZ analysts believe ’emerging’ central banks could buy over 600t of gold annually until 2030  Citi isn’t totally ruling out a US$3,000 gold price in next 12-18 months US gold mining giant Newmont divests six gold mines and two other gold...

  Local markets ride commodities lift to offset weak performance from Wall Street on Friday ASX 200 benchmark finished the day on +0.09pc, a lot higher than it really had any right to Resources led the way, overcoming a significant deadwei...

Gold recovers US$2k after weak retail sales data gets thrown into the economic soup in America Moneybags former hedge fund bloke Stanley Druckenmiller is increasing his gold exposure The week’s best performing ASX goldies include: TG1, TGM...

  The price of gold is in a holding pattern, threatening to dip in short term, according to Metals Focus analysis Metals Focus, like Japan’s biggest bank MUFG, however, has a more positive outlook for gold later this year Top-performing AS...

Sigma Lithium has shown a clean pair of heels, speeding to a profit in its first quarter of commercial scale production at the Grota Do Cirilo lithium mine in Brazil The first stage is expected to ramp up to 270,000tpa, with 130,000tpa of...

Spot gold prices are up since this time last week, and ASX goldies are benefitting ANZ upgrades its gold outlook for rest of this year, and 2024  The week’s top ASX gold-related stocks led by: TG1 and CPM   First things first, let’s just...

Yamana Gold’s former top brass have endured a tough start to life at the helm of African gold miner Allied Gold The Toronto listed producer is looking to expand beyond West Africa with the US$500 million development of the Kurmuk project...

US, Aussie spot gold prices down this week, but safe haven could soon find demand Canadian gold expert: hyperinflation contagion spreading to US The week’s top ASX goldies: North Stawell Minerals and Nagambie   It wasn’t the greatest week...

New World Gold Council report points to thriving gold industry and long-term demand Meanwhile, gold prices are still healthy but fractionally down from this time last week The week’s top ASX goldie gainers: STK, TIE, ENR   Right then, gol...

Benchmark ASX crawls back to close +0.12% in the green Seven Sectors close higher, led by REITs and Consumer stocks Small caps led by TOY and Patriot Lithium   The benchmark has ended a good morning with a wretched afternoon, as selling a...

Stockhead’s In-Case-You-Missed-It highlights today’s most interesting small cap stories that might have slipped beneath your radar. Below is a wrap of the top 20 performing stocks, by percentage, who made announcements today.   ICYMI Leader...

  The TSX has been a dire place to be a miner in 2023, with almost two-thirds of our tracked TSX & TSX-V stocks being losers over the past 12 months Only 318 of 1123 on our TSX watchlist are in the green since November last year We che...

New report from Metals Focus predicts AI adoption could play a big role in tech sector’s need for gold and other precious metals Gold price momentum slows but still looks technically strong, says analyst The week’s top ASX goldie gainers:...

Benchmark ASX index closes ahead +0.19% Materials lead ASX sectors on Tuesday Small caps led by ERW, NMR   Local markets have struggled to hang onto early gains after a mixed run on Wall Street overnight. The benchmark ASX200 (XJO) index...

Trigon Metals declares commercial production at reborn Kombat copper mine in Namibia Follows trend of growing African copper output backed by Canadian companies Uranium hopeful Cosa Resources Corp lists on TSX-V Copper producers are com...

Australia's benchmark index had its worst one-day performance in four weeks on Thursday. This decline was attributed to rising tensions in the Middle East and an unexpected drop in the jobless rate for September, which raised concerns among...

19 Oct 2023 - A snapshot of the stocks on the move, featuring Terrain Minerals (ASX:TMX), Superior Resources (ASX:SPQ) and Strickland Metals (ASX:STK).

Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live data, to provide a short, sharp update to help frame the trading day by...

  To register for Friday's webinar click here. Terrain Minerals (ASX:TMX) announced that Rare Earth Element (REE) mineralisation has been intersected across the Lort River project area. In-demand permanent magnetic metals of Neodymium (Nd)...

The big four Australian banks are projecting various outcomes for the labour market: Commonwealth Bank (CBA) expects a 25,000 job gain with a higher unemployment rate of 3.8%, while National Australia Bank (NAB) forecasts a 30,000-job incre...

On Monday, the Australian stock market experienced a decline as investors sought refuge in bonds and gold due to growing concerns about increasing tensions in the Middle East. At the closing bell, the S&P/ASX 200 was 0.35 per cent lower...

Oil prices remained stable as Israel had not yet initiated its expected ground offensive in Gaza, while the United States intensified diplomatic efforts to prevent the crisis from escalating regionally. Brent crude traded near $91 per barre...

16 Oct 2023 - A snapshot of the stocks on the move, featuring Tamboran Resources (ASX:TBN), Melodiol Global Health (ASX:ME1, FRA:1X8) and Superior Resources (ASX:SPQ).

  Tamboran Resources (ASX:TBN) announced that an operational update, in which the A3H well was drilled in record time of less than 18 days. In response, Managing Director and CEO, Joel Riddle, said, “the A3H well was drilled and cemented at...

Falling far behind Newmont for the title of world’s biggest gold producer, Barrick has set its sights on growing its copper division The Toronto giant’s once embarrassing acquisition of Equinox Minerals may finally be paying off Long life...

ING downgrades Q4 gold price forecasts, but expects prices to move higher again in Q1 “on the assumption that the Fed will start cutting rates” Bloomberg commodities guru Mike McGlone: $US3000/oz may be “rendezvous point” ASX gold stock of...

Recharge’s on-ground lithium exploration at Wapistan is progressing on schedule Sampling completed over Targets 1 and 2, sent to lab for analysis Exploration over Targets 3 and 4 to be completed when crews return in mid-October LIDAR surve...

China’s property market and depressed yuan has domestic investors flocking to gold Price differences between Shanghai spot gold and the West have gone from a decade average of US$6 to more than US$100 of late De Grey’s DFS is out with a $3...

Stockhead’s Top 10 at shortly-before-11-ish, surprisingly close to on time this morning considering there’s an electrician’s apprentice hovering around my desk instead of testing the smoke alarms in my home like he’s meant to be doing. His...

Uranium prices have surged to decade highs of US$66.25/lb Canadian giant Cameco’s production failings are among the reasons for the recent surge, with higher spot prices cancelling out supply issues to make the C$23.5b company a big winne...

On ground exploration will begin at Wapistan in the coming days Four high priority target areas identified with potential for spodumene-hosted lithium mineralisation Continuous updates to be provided as field work progresses   Recharge Me...

Novo Resources listed on the ASX yesterday, becoming the latest TSX resources player to seek a second home in Australia BDO head of global natural resources Sherif Andrawes says the firm is running the numbers for as many as five companie...

At $3014/oz, local gold is currently paying near record prices Should these current levels hold, Aussie miners could be looking at another big income bump in FY24 Top ASX Gold Stories of the Week: Southern Cross Gold, Toubani Resources Ou...

India’s JSW Steel has emerged as a bidder for Teck Resources’ met coal business Elk Valley Resources Canada’s biggest miner is gearing up for a big lift in copper production as it looks to get a payout for all or some of its US$8b met coa...

Sama Resources spinout SRQ Resources is up over 60% since listing last Wednesday on the TSX-V SRQ is looking for a Nova style nickel discovery in the Upper Laurentian region of Quebec, six hours from Montreal Nickel is a major component o...

Similarities between the 1970s bull run, which saw gold soar 2,300%, and today “If the 1970s analogy holds, the next leg will be explosive”: Goehring and Rozencwajg This week’s top ASX precious metals stocks Our Gold Digger column wraps a...

China’s gold imports have risen a massive 16% in the first half of 2023 Spot prices are down following the US Fed hiking interest rates to 5.5% De Grey has gold options here, there and everywhere in the Pilbara Our Gold Digger column wrap...

Canaccord Genuity’s Reg Spencer says the Yellowknife Pegmatite Province (YPP) is starting to pop up on investor radars Numerous spodumene-bearing pegmatites up to 1800m long and 40m wide outcrop “in a spectacular fashion” First movers into...

Gold surges to US$1960 on geopolitical risk, softer inflation figures Sold down ASX producers, project developers enjoy strong gains 5 +$1bn capped gold stock ink double digit gains, the rest not far behind Our Gold Digger column wraps al...

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...

Copper-coal play Teck leads large cap resources winners in Q2 after snubbing ‘unsolicited’ bid from commodities giant Glencore Last week’s biggest TSX winner, copper-nickel developer PolyMet, also receives bid from Glencore at huge premium...