Articles On Strike Resources (ASX:SRK)

Strike Resources could be set for a major boost to its Peruvian iron ore operations at its Apurimac project after the nation’s government confirmed plans to construct a major railway line that may link the project with the port of San Juan...

Strike’s goal of turning its Apurimac iron ore project into a world-class mine has received a shot in the arm after Peru confirmed plans for a key piece of infrastructure. Peruvian Prime Minister Guido Bellido confirmed in a recent presenta...

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...

Another red day for the ASX to close out the week. The ASX 200 closed 0.05% down from yesterday at 7,461 points, 2.2% lower than a week ago. The ASX Emerging Companies Index meanwhile dropped 2.09%, closing at 2,187 points which is over 5%...

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...

Strike Resources has officially become an exporter of iron ore with the maiden load of its high-grade direct shipping ore sourced from its Apurimac project in Peru now bound for China. The 35,000-tonne shipment falls under an offtake agreem...

Strike joined iron ore producers’ club today, with the maiden shipment of premium lump iron ore sourced from its Apurimac direct shipping ore project departing Peru. The bulk vessel MV Federal Nakagawa is now heading for China with 35,000 t...

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...

The S&P ASX200 closed lower Monday, dropping 46.40 points or 0.61% to 7,582.50 after setting a new 52-week high. The bottom performing stocks in this index were Beach Energy Limited (ASX:BPT) and Bendigo and Adelaide Bank Limited (ASX:B...

ASX-listed Strike Resources’ maiden shipment of high-grade direct shipping iron ore from its Apurimac project in Peru has commenced loading after US$4.5million in revenue hit Strike’s bank account. The 35,000-tonne shipment is due to arriv...

Guy on Rocks’ is a Stockhead series looking at the significant happenings of the resources market each week. Former geologist and experienced stockbroker Guy Le Page, director and responsible executive at Perth-based financial services prov...

RockTalks is a Stockhead video series featuring a roundtable of resources experts discussing a new macro topic each week. The program is sponsored by Bridge Street Capital Partners, a leading ECM and principal investment firm focused on min...

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...

Strike Resources has secured the final key approval for its Paulsens East iron ore mine in the Pilbara and can now begin pre-mining site works. The company is eager to make a final investment decision as it eyes first shipments early in 202...

Strike Resources is ready to blaze a path into production at the 1.5 million tonnes per annum Paulsens East iron ore project in the Pilbara after receiving the key mining approval for the deposit. It will see Strike Resources (ASX:SRK) beco...

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...

According to the company, given the strong demand and premium prices for high-grade lump iron ore it hopes to generate strong near-term cash flows from the operation.

ASX-listed Strike Resources’ maiden shipment of high-grade direct shipping ore or “DSO” from its Apurimac project in Peru is now imminent, with a bulk carrier vessel chartered for arrival at the Port of Pisco in about a fortnight.

The maiden shipment of iron ore, and the start of cash flow, from Strike Resources’ (ASX:SRK) Apurimac direct shipping ore project in Peru is imminent. The chartered bulk carrier vessel is due to arrive at the Port of Pisco on 11 August to...

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...

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...

Trucks laden with ASX-listed iron ore miner Strike Resources’ initial load of premium lump iron ore from its Apurimac project in Peru have left the mine site to deliver the goods for shipping from the country’s Port of Pisco.

Strike Resources has taken significant steps at its Paulsens East iron ore mine in Western Australia, with key contracts and licensing approvals now ticked off. Dynamic Drill and Blast was chosen to provide its services at Paulsens East aft...

Strike Resources is on track to export its first shipment of high-grade direct shipping ore from its Apurimac iron ore project in July, after starting haulage to a stockpile close to Pisco port. Free On Board (FOB) costs — those incurred by...

Strike Resources has locked in key contractors for its proposed Paulsens East iron ore mine development in WA’s Pilbara region. The company says it has struck agreements with preferred contractors for drill and blast, mining, crushing and s...

Strike continues to progress its Paulsens East iron ore project towards approval, selecting important contractors and signing key access agreements. The company has entered into Early Contractor Involvement (ECI) services agreements with th...

‘Guy on Rocks’ is a Stockhead series looking at the significant happenings of the resources market each week. Former geologist and experienced stockbroker Guy Le Page, director and responsible executive at Perth-based financial services pr...

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...

Following a transformational 12 months, Talon has a fresh new image and is fully funded to start unlocking the potential of its highly prospective Perth Basin and Mongolian assets.   In the past year, Talon Energy (ASX:TPD) has rocketed as...

• 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...

Have a spare $US3.5 billion lying around? Andrew Forrest’s Fortescue Metals Group (ASX: FMG) appears to be pushing ahead with the 22Mtpa Iron Bridge magnetite mine, despite on Friday reporting a US$900 million cost blowout on the initially...

Strike Resources has raised $5 million to secure long lead equipment for its Paulsens East iron ore mine, as the junior miner targets first production later this year. The funding comes after the last quarter saw several approvals at Paulse...

Strike Resources has poured $5 million into its treasury via a “significantly oversubscribed” capital raise, with funds to be used for the ramp-up of production at its Apurimac iron ore mine in Peru and advancing the Paulsens East iron ore...

Summary The ASX200 hit a fresh high of 7,186.80, breaching its previous peak touched on May 11. Poultry producer Inghams Group emerged as a top performer on the ASX with 8% gain. Nine of the 11 sectoral indices ended in green, while m...

The ASX had a mixed day but closed narrowly in the green with a 0.03 per cent gain to 7,095 points while the ASX Emerging Companies Index gained 0.25 per cent to 2,164 points. While more sectors were down rather than up, it was offset by te...

Large and small caps had diverging fates on the ASX today with the former closing 0.32 per cent down from yesterday at 7,093 points while the ASX Emerging Companies Index rose 1.21 per cent to close at 2,159. The various ASX sectors were al...

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...

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...

• Caspin Resources identifies sulphide mineralisation in drilling near Chalice’s Julimar discovery • Metalicity strikes 52g/t at McTavish prospect in the Goldfields • Infinity Lithium bounces back after disappointing permitting news last we...

ShareCafeBrazil Poised to Give Oz Ore Market a Close Shave Australia will lose share over the next five years in the global iron ore market to Brazil because of the latter’s high grade iron ore reserves and exports, according to a new repor...

Strike Resources has advanced a string of key activities as it looks to bring the Paulsens East iron ore project in the Pilbara to production with a final investment decision on the 9.6Mt resource going 61.1 per cent iron near.

Strike Resources has confirmed the placing of an order of 13 Ultra Quad road trains for its Paulsens East iron ore project in the Pilbara, as it progresses towards securing a mining permit.   Strike Resources (ASX:SRK) is targeting a final...

Summary Lithium Energy (ASX:LEL) made a blockbuster debut on the ASX. The company raised A$9.0 million in a heavily oversubscribed IPO. The company is focused on advancing its Solaroz Lithium Brine Project. The shares of Lithium E...

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...

South America lithium brine hopeful, Lithium Energy has listed on the ASX after successfully shaking the tin for $9 million in a “heavily oversubscribed” IPO. The new company, a spin-off from iron ore junior, Strike Resources, will now look...

When new battery metals aspirant Lithium Energy (ASX:LEL) lists today it won’t have to look far for inspiration. All it has to do is peek over the fence at its flagship Solaroz project in Argentina’s “lithium triangle”, where $2.1 billion c...