Articles On Superior Resources (ASX:SPQ)

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...

ASX 200 rises but pretty softly, eh Aussie Small Caps index steals 0.8% on energy, resources strength Consumer Confidence is low, BTW, but who cares when CPI drops tomorrow   Firstly, we’ve ended higher in Emerging Co world. That squadron...

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 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...

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...

Superior Resources has launched a fresh eight-hole drilling program for a minimum of 3700m, following up the huge 632m copper sections from a large porphyry system at its Queensland Bottletree prospect.

Superior Resources has launched a fresh eight-hole drilling program for a minimum of 3700m, following up the huge 632m copper sections from a large porphyry system at its Queensland Bottletree prospect.

Superior Resources (SPQ) kicks off the next round of drilling at its Bottletree prospect, within its Greenvale project in North Queensland Following two diamond drilling programs in 2018 and 2021, SPQ has collared the first drill hole in i...

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...

Superior Resources has potentially unearthed a significant copper system at its Bottletree copper prospect in Queensland after assays returned a 632m hit within an interpreted porphyry structure.

Emerging companies fall 0.7% ASX200 0.8% lower Superior Resources (ASX:SPQ) jumps on copper system find, Galileo up … heaps in May   The Emerging Companies (XEC) index is lower on Thursday, weighed down by broad losses as Credit Suisse a...

Superior Resources says “very large copper system is emerging” at the ‘Bottletree’ porphyry prospect CZR’s ‘Robe Mesa’ iron ore project now 52% bigger New drilling kicks off at BMG Resources’ high grade ‘Abercromby’ gold project Here are...

The Superior Resources Limited (ASX: SPQ) share price is surging today after news of a copper discovery. Shares in the copper explorer are currently trading at 4.7 cents, a 34% gain. However, in earlier trade, the Superior Resources share...

Superior Resources (SPQ) intersects 632 metres of copper mineralisation at the Bottletree prospect within its Greenvale Project in Queensland Throughout 2021, the company drilled three diamond holes at Bottletree to target the chargeabilit...

The market may be dropping on Thursday but that hasn’t stopped a couple of ASX mining shares from surging higher. Here’s what is causing these shares to rocket: Anax Metals Ltd (ASX: ANX) The Anax Metals share price is up 19% to 10 cents...

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...

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...

ASX Small Cap index pops 1.4% rather nicely The top 200 ahead 1% AnteoTech and some clever diggers the big winners on Wednesday   The local small cap index is riding a mid-week mining boom with some standout individual performances from...

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...

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...

Superior Resources (SPQ) says a geochemistry survey at its Bottletree prospect in Queensland has highlighted several porphyry targets The copper-gold-molybdenum targets were found within and outside an intrusion ring that covers a 1.3-kilo...

“Your Stock Request” is a weekly video where we analyse share price charts for stocks on the Australian market (ASX) as requested by you! Email us at [email protected] with your stock request. Limit of one per person, no guarantee o...

Superior Resources has boosted its Steam Engine gold resource to 196,000 ounces, an increase of over 60 per cent compared to previous calculations incorporating a lower grade owner-operated processing model.

Superior Resources (SPQ) unveils a “material” upgrade in the mineral resource estimate (MRE) for its Steam Engine gold project about 210 kilometres west of Townsville in Queensland The MRE now stands at 4.18 million tonnes grading 1.5 gram...

Gold price to hit $US2,200 as stagflation fears take hold U.S. and allies officially prohibit all transactions with Russia involving gold, one of its financial lifelines. Will it work? Gold price rebounds over past week to $US1,960/oz Our...

Superior Resources has expanded its tenement portfolio to a massive 1,158 square kilometres of prospective nickel-copper-PGE ground at its Greenvale project about 210 kilometres from Townsville in Queensland.

Superior Resources (SPQ) has been granted the last outstanding exploration permit at the Dido/Big Mag project in Queensland The project now covers an 1158-square kilometre area considered highly prospective for nickel-copper-platinum group...

War gossip/news remains the main driver of gold prices. The precious metal is having one of those volatile weeks where unless they timed their entry and exit perfectly, investors probably had a tough time whether long or short, says OANDA s...

A good week for gold, which is up 1.04% to ~$US1,940/oz at time of writing. History shows us war doesn’t usually trigger an extended rally, but news flow – or lack thereof – coming out of Ukraine continues to be the biggest influence on the...

Investors generally buy gold as a way of diversifying risk when s..t hits the proverbial fan. That’s why the precious metal appears to perform well in times of war or political instability. Conversely, stocks and bonds perform best in a sta...

The S&P/ASX200 is about seven points lower on Monday after a day of choppy trade, heavily impacted by some large cap hits, like Magellan (down about 10%) and an earlier whack for the big four banks after ANZ put out a profit warning. Bu...

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

It was a rough month for equities, but the ASX microcaps January winners list still made for positive viewing. For context, a quick rewind to 2021 is in order (what a year). In just 12 months, there were more than 180 IPOs on the ASX (quick...

The ASX200 has vacillated all of Monday in a whiny, unattractive way for a major global index. Like a Kardashian (name one) unable to get out of bed, the heavyweight financial names and the major miners are just dragging everyone lower, dow...

Alas. After teasing gold bugs with a push through $1,840/oz over the past week, we are now back below ~$US1,800/oz. Gold stocks can’t seem to catch a break. What gives? I don’t get it. PM miners didn’t even get the windfall of the market w...

Local markets had a breather in the form of a mid-week public holiday, but things weren’t much better once trading recommenced on Thursday. After initially jumping by more than 1%, the ASX microcap Emerging Companies index reversed course w...

Brisbane-based explorer Superior Resources (SPQ) has entered a trading halt ahead of a proposed capital raise The company is yet to disclose how much it hopes to raise or how it will spend the money, but these details are expected by Monda...

Northern Queensland focused gold/copper hopeful Superior Resources has put its shares in a halt while its brokers chase fresh funds for the company’s drilling program. 

Superior Resources appears to have tapped into the edges of a large, porphyry system at the company’s Bottletree copper prospect in Queensland. Assay results returned a massive 552.5 m at 0.16 per cent copper.

Superior Resources (SPQ) says first assays from 2300 metres of diamond drilling at its Bottletree copper prospect build confidence in a potentially high grade porphyry system The company says the primary target at Bottletree is buried porp...

Superior Resources has chipped significant gold from its Queensland prospects with grades up to 65.92 grams per tonne. It says it may be onto a significantly larger mineralised system than previously thought.

Superior Resources (SPQ) identifies expanded, very large-scale gold potential for Steam Engine gold project in Queensland The company says rock chip assays up to 65.9 g/t gold at the Windmill East and Origin prospects identifies potential...

Global silver demand hit ~1.02 billion ounces in 2021, the first time it has breached 1 billion since 2015, according to the Silver Institute. Of that, industrial demand hit a new high of 524 million ounces. And of that, photovoltaic (solar...

Local stocks made a cautious start to the week, following a fairly volatile trading period last week as jitters stemming from rising bond yields dimmed risk sentiment on global markets. The ASX 200 opened in the red before clawing back some...

The share market has ended the first day of the week in the red despite gaining some ground after dropping by as much as 0.6 per cent in early morning trade. By the end of trade, much of the losses had been recovered, with the S&P/AS...

The Australian market has shrugged off this morning’s low, gaining ground after falling 0.6 per cent in early morning trade. The technology sector is the main contributor to the dip, steering the market slightly lower today as it fell 1...

Welcome back to Hot Money – 2022 edition. The weekly Stockhead article recaps ASX stocks that are “running hot” as deduced by the Relative Strength Index (RSI). The RSI is a technical gauge which measures how trading momentum is affecting t...

The ASX has recovered following yesterday’s strong blow, closing up 1.29% with all 11 sectors finishing in the green on lower than normal trading volumes. Today’s biggest sector win was energy, up a nice 2.20% with the financial market foll...

ASX investors evidently shrugged off omicron fears in December, with the last month of the 2021 being the second best of the year. Ultimately, the market finished 2021 13% higher than it started. Patience pays off, unless you got in at the...

Gold is holding steady above US$1,800/oz – currently trading at US$1816.60. Some players are confident the gold market will trend net positive next year as the market digests the reality of the past 24 months. But commodity analysts at J.P....