Articles On Strike Resources (ASX:SRK)

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...

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$34 billion ($...

A spin-off battery minerals company with ground potentially sitting above the same lithium-rich brine aquifers as Orocobre’s Olaroz lithium carbonate project in Argentina will soon hit the ASX – and it’s hard to imagine a better-timed listi...

“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...

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...

ASX-listed iron ore miner, Strike Resources will spin out its South American lithium assets into a new company to be known as Lithium Energy after successfully raising $9 million in a new IPO.

Strike Resource’s (ASX:SRK) battery metals spin-off Lithium Energy is poised to list on the ASX after raising $9m through an initial public offering of shares. Lithium Energy is set to list on the ASX later this month (Proposed ASX code: LE...

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...

‘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 month of May is going to be an eventful period for initial public offerings (IPOs) as 11 companies are expected to list their shares on the Australian Securities Exchange (ASX). Defying COVID-19 crisis, the IPO market has seen strong m...

Global equities tumble All major world indices tumbled overnight as COVID-19 deaths spiked in India and elsewhere. In the US, the Dow Jones dropped 0.75%, S&P500 shed 0.68%, while tech heavy NASDAQ also tumbled by 0.92%. Europe recorded...

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...

Strike Resources looks set to build a second iron ore mine, this time in WA, after the West Australian government gave the ASX-listed company the nod of approval to commence mining operations at its Paulsens East iron ore deposit in the Pil...

Things are heating up for Strike Resources at its Apurimac iron ore project in Peru with the company securing an offtake agreement for 100 per cent of the iron ore mined over an initial two-year period.

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...

Iron ore fines prices traded this week at $US168.90 per tonne, up $US11.80 on a week ago Hard coking coal prices were 45 US cents lower on-week at $US105.80 per tonne at Queensland ports China’s steel reinforcing bar price is up $US10 this...

Iron ore fines prices traded this week at $US157.10 per tonne, $US6.50 lower on a week ago Hard coking coal prices were $US2.40 lower on-week at $US106.25 per tonne at Queensland ports China’s steel reinforcing bar price is $US5 higher thi...

Strike Resources intends to increase its focus on the Paulsens East iron ore project in the Pilbara Western Australia by spinning out its lithium and battery minerals assets. The company plans to create a new ASX-listed entity for the lithi...

Strike Resources is looking to get a foothold in the burgeoning battery metals space with plans to spin out its lithium and graphite assets into a new IPO to be known as Lithium Energy.

Wall Street rallies led by tech Dow Jones and S&P 500 trimmed losses from the last few days, rising by 0.32% and 0.70% respectively overnight. Tech heavy NASDAQ rose by 1.23%, led by Tesla which was higher by 2.31%. The rally was mainly...

Medtech company Oneview Health (ASX:ONE) led 25 stocks that chalked up a 14-day RSI above 70 this week, up slightly from 22 in the week prior. Stockhead’s Hot Money Monday analysis is based on the Relative Strength Index (RSI) — a technical...

Strike Resources is set to ramp up production at its Apurimac iron ore project in Peru. The ASX-listed company has already stockpiled more than 20,000 tonnes of high-grade iron ore at the project and looks on target to hit its first-year pr...

Strike Resources Limited (ASX: SRK) shares are flying today after the mineral resources company made a major iron ore announcement. At the time of writing, the Strike Resources share price is trading 11.9% higher at 23.5 cents. In comparis...

Strike Resources (ASX:SRK) remains firmly focussed on developing the Paulsens East project in the Pilbara, but high iron ore prices provide opportunity to generate additional valuable cashflow from a mining operation at its Apurimac project...

Aspiring WA iron ore producer, Strike Resources continues to make steady progress towards a final investment decision on its proposed Paulsens East iron ore mine development, approximately 140km west of Tom Price and 200km west of Paraburdo...

“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...

‘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...

Summary Australia is the world’s largest producer and exporter of iron ore and only commodity to be in 100 billion clubs. Iron ore prices ride to ten-year high price over the huge demand from the Chinese construction industry. Iron or...

Iron ore fines prices traded this week at $US160.50 per tonne, up $US3.45 on a week ago Hard coking coal prices were 50 cents higher on-week at $US133.55 per tonne at Queensland ports China’s reinforcing bar price is at $US667 per tonne, d...

Strike Resources has commenced small-scale mining at its world-class Apurimac iron ore project in Peru, whilst also eyeing a move to production at its Paulsens East deposit in the southern Pilbara, propelling the company into the ranks of g...

Special Report: Strike Resources has moved to capitalise on the iron ore price, progressing towards direct shipping ore (DSO) production ... Read More The post Full steam ahead for DSO at Strike’s Peruvian project appeared first on Stockhea...

Special Report: Strike Resources may have built a reputation – and soon enough a mine – on iron ore, but ... Read More The post Is lithium the ace up Strike Resources’ sleeve? appeared first on Stockhead.

‘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 pro...

Special Report: Quizzed on his 2020 highlight, it’s probably unsurprising that Strike Resources managing director William Johnson’s first thought is ... Read More The post Lucky Strike poised for big things in 2021 (and beyond) appeared fir...