Articles On Sumatra Copper & Gold (ASX:SUM)

Title Source Codes Date
Closing Bell: Lithium stocks tumble after Pilbara selldown; Island Pharma surges 30pc

    ASX edges down in a quiet market Pilbara Minerals falls 5pc as share block sale is reported Westpac sells auto finance unit for up to $1.6 billion   The ASX has lifted slightly on Thursday, up by 0.1%, as traders remain cautious amid...

Stockhead SUM 1 week ago
Explorers Podcast: Summit Minerals’ new Brazilian tenement an exceptional spot to explore across the board

Stockhead’s ‘Garimpeiro’ columnist Barry FitzGerald is back in the studio for another instalment of The Explorers Podcast. In this episode Barry chats with Stuart Peterson, Chief Geologist at Summit Minerals (ASX:SUM). The company is expand...

Stockhead SUM 1 week ago
Closing Bell: Inflation cools, miners rally hard, and Fortescue leaps after going electric

ASX closes flat amid shift from banks to miners CPI slows to 2.7pc, first dip within RBA’s target Fortescue shares soar 6pc on electric truck upgrade   The ASX closed 0.19% lower on Wednesday as the shift from financial stocks to miners...

Stockhead SUM 2 weeks ago
Closing Bell: ASX lifts as RBA holds; Element 25 boosts its battery plans with big US grant

ASX down as RBA holds rates steady again Element 25 lands US$166m grant talks Supermarket stocks drop again amid discount claims backlash   The ASX was down 0.3% at one point but rallied to a flattish close after the Reserve Bank kept in...

Stockhead SUM 2 weeks ago
Closing Bell: ASX takes breather, goldies shine, Woolies and Coles charged over sneaky discounts

  ASX dips amid concerns over delayed RBA rate cuts Woolworths and Coles hit with lawsuit over misleading discounts Gold miners and uranium stocks gain   The ASX took a breather from its record highs, down by 0.6% after being rattled by...

Stockhead SUM 2 weeks ago
Summit snaps up strategic Equador Niobium Project tenement

Summit Minerals (ASX:SUM) has acquired a new strategic tenement within the Equador Niobium and Tantalum Project in northeast Brazil.  The newly acquired tenement, covering 2km2, sits east and north of the project. The tenement has exist...

Mining.com.au SUM 2 weeks ago
Closing Bell: Another day another record for ASX; Octava doubles on antimony drilling results

  ASX peaks before closing near record on Fed rate cut hopes Xero up on Syft buy, Auckland Airport down after share placement Microsoft announces US $60 billion buyback; Japanese stocks drop   The ASX briefly touched a new intraday high...

Stockhead SUM 3 weeks ago
ASX Market Update: Index lingers around record high | September 17, 2024

The ASX200 has been up 0.28% at 8,144 points. The Index touched a new all-time high in intra day trade, hitting 8,148 points before paring back gains. The new record was set only a tenth of a point higher than the prior record in early A...

themarketonline.com.au SUM 3 weeks ago
Summit scores highest niobium grade yet at new Brazilian mining lease

Summit’s new Brazilian mining lease returns up to 64.61% niobium pentoxide Drilling plans for the Equador project are now being revised Metallurgical test work underway to fast-track production   Special Report: Summit Minerals says bulk...

Stockhead SUM 3 weeks ago
Blinkers Off: Every ASX junior with a horse in the West’s antimony race

Prices of critical mineral antimony are flying through the roof after China made a surprise announcement to restrict exports earlier this month and ASX stocks with exposure to the semi-metal have started to go gangbusters. The reason it’s s...

Stockhead SUM 1 month ago
Niobium pandemonium: ASX explorers are going crazy for the mineral in Brazil

Brazil is the world’s premier source of niobium, a metal suddenly capturing the attention of ASX investors St George Mining recently made a major splash, acquiring the Araxa project adjacent to CBMM, the company supplying 80% of the world’...

Stockhead SUM 1 month ago
Closing Bell: Gold, utilities soar as A2 Milk sags; ASX 200 keeps winning streak alive

ASX flattish on Monday, with utilities and gold stocks leading A2 Milk’s shares plummeted 20pc amid challenges in China Westpac and Suncorp saw gains of nearly 2pc after results release   Trading on the ASX was relatively quiet on Monday...

Stockhead SUM 1 month ago
Summit Minerals jumps 6% as LiDAR survey boosts confidence in niobium mineralisation

Summit Minerals’ (ASX:SUM) geotechs have shored up confidence in their Brazilian acreage prospective for niobium mineralisation following a fresh LiDAR survey on-site – pushing the company’s share price up 6%. Surveys were conducted acro...

themarketonline.com.au SUM 1 month ago
Summit Minerals pumps up niobium prospectivity in Brazil

SUM spots new pegmatite trends at Equador niobium project LiDAR survey will inform upcoming bulk sampling and drilling programs Company also reported new rock chip samples have extended strike length   Special Report: Summit Minerals says...

Stockhead SUM 1 month ago
Market Highlights: Gold hits US$2,500k for first time, and 5 ASX small caps to watch on Monday

ASX set to drop despite a rally in US stocks on Friday Gold hits new high, driven by expectations of monetary easing Highlight this week include Jerome Powell’s speech at Jackson Hole   The ASX is set to edge slightly lower when the marke...

Stockhead SUM 1 month ago
Top Australian Stock Gainers: A Detailed Overview

In the latest trading session, several Australian stocks have stood out with impressive gains, reflecting strong market enthusiasm. Here’s a closer look at the top performers: Summit Minerals Limited (ASX:SUM) Summit Minerals Limited has s...

Kalkine Media SUM 2 months ago
ASX Market Close: Index dips slightly as AMP soars | August 8, 2024

Volatility remained the status quo as the ASX200 ended down 0.23%. The local bourse briefly touched into the green after lunch, but the mood was short-lived. The market almost immediately pared gains, sinking back into the red. There...

themarketonline.com.au SUM 2 months ago
Closing Bell: Markets still bumpy as ASX drops again; Qantas admits board made mistakes

The ASX dropped, dragged down by Real Estate and Mining stocks Qantas cuts former CEO’s compensation by $9.3m Fears of a US recession are growing, with the Sahm Rule signalling potential trouble   A selloff in Real Estate and Mining stock...

Stockhead SUM 2 months ago
Break it Down: Summit climbs new ground in Brazil

Stockhead’s Break it Down brings you today’s leading market news in under 90 seconds. In this episode, host Sarah Hughan dives into the new grounds Summit Minerals (ASX:SUM) has picked up in Brazil. The company announced today it is expandi...

Stockhead SUM 2 months ago
Power Minerals wraps up Brazilian niobium project acquisition

Power Minerals (ASX:PNN) has completed an acquisition for the Lĺtio Niobium Project in Brazil, after finalising technical and legal due diligence.  The project, which covers 27km2, comprises three permits and is considered prospective f...

Mining.com.au SUM 2 months ago
Top 10 most traded ASX shares and US stocks in June

Mega ASX 200 iron ore shares BHP Group Ltd (ASX: BHP) and Fortescue Ltd (ASX: FMG) were the top two most traded ASX stocks last month among investors using the SelfWealth trading platform. Let's review the top 10. Top 10 most traded...

Motley Fool SUM 2 months ago
Niobium’s rise in West Arunta sparks ASX juniors into global hunt

Niobium, a vital element used to create nanocrystalline materials, is almost rubber-stamped to spark a new wave of technological advances and the West Arunta critical minerals region in WA is emerging as a vital global source of the element...

Stockhead SUM 2 months ago
Guy on Rocks: Climbing the summit with Summit

‘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...

Stockhead SUM 3 months ago
ASX Market Close: Mixed day for the ASX | 10 July 2024

The ASX200 partially recovered from earlier losses but closed the day down a quarter of a percent. The telecommunications sector has been the top performer for two consecutive days, up one and a quarter per cent. Utilities and Materials...

themarketonline.com.au SUM 3 months ago
Closing Bell: Miners made local markets a misery on Monday

ASX 200 ends lower on Monday  IT and Consumer Discretionary only sectors to end higher Rex Minerals added 52% on takeover   Despite a more than handy lead out of Wall Street, the ASX started badly on Monday morning, yet somehow just kept...

Stockhead SUM 3 months ago
Who made the gains in June? Here are the top ASX resources winners

Gold, silver and rare earths dominate the scene for June Encounter’s niobium hits in West Arunta puts a fire under stock price MRG Metals gets US$6m in backing for mineral sands development   The winners’ list is out! Check out the top 50...

Stockhead SUM 3 months ago
Power Minerals sees shares rise 19% as it expands its footprint in South America

Power Minerals Ltd (ASX:PNN) has seen its share price rise by more than 19 percent on news that it is set to acquire a Brazilian project believed to be highly prospective for niobium, rare earth (REE) and lithium. The company has entered...

themarketonline.com.au SUM 3 months ago
CLOSING BELL: Big Coal fires up the Energy sector, but not enough to stop the rot

The ASX took a slow dive to a 50-point slump before a weak post-lunch rally Big gains for some big coal players were basically the only thing keeping us afloat A handful of Small Caps did pretty well, but it’s not been great day overall  ...

Stockhead SUM 3 months ago
ASX Market Close: Market closes day down, spooked by RBA Minutes release | 2 July 2024

The ASX closed the day down a quarter of a percent. The market was spooked by the RBA Minutes released this morning, where the central bank confirmed it considered raising interest rates. While this had been widely expected, it rattle...

themarketonline.com.au SUM 3 months ago
Equador is tastier than ever as Summit sampling ups niobium prospectivity

Summit Minerals rock chips sampling uncovers more niobium-bearing pegmatites New pegmatites are parallel to known pegmatites Sampling ongoing with surveys planned to help map prospective pegmatites   Special Report: Summit Minerals’ surfa...

Stockhead SUM 3 months ago
Monsters of Rock: Ramelius carves out 9pc stake in Spartan

Gold miner Ramelius Resources purchases 98.5m shares for an 8.9% stake in Spartan Resources Ramelius says it has “no current intention” to takeover the neighbouring gold explorer Lynas now able to produce high-value separated dysprosium an...

Stockhead SUM 3 months ago
Closing Bell: Most ASX sectors flashing red today, as RAU makes solid market debut

ASX200 dropped on Friday, extending its weekly loss despite Wall Street’s highs Telix Pharma halted US IPO; Tabcorp jumps 10pc on NSW tax reform Germany works to soften EU tariffs on Chinese electric cars   The ASX200 dropped by -0.3% on...

Stockhead SUM 3 months ago
ASX Market Close: Bruised index nosedives | 11 June, 2024

The ASX200 had a rough day, trading way lower than predicted, to close down 1.35%. All sectors remained in the red, Materials felt it the most all day, closing down nearly 2.6%, real estate followed, down 2.3%. In the green Summit...

themarketonline.com.au SUM 4 months ago
Closing Bell: ASX buried under -1.3pc as iron ore miners and goldies take a beating

Aussie shares slipped over 1pc after the King’s Birthday long weekend Mining and Real Estate sectors were the biggest losers among all 11 sectors Chinese EV stocks fell ahead of expected EU tariff hikes   Aussie shares slipped after the K...

Stockhead SUM 4 months ago
Resources Top 4: Belararox eyes up big Argentinian copper targets… in 3D

Battery minerals-hunting juniors are amongst the big gainers this morning.  Belararox is well up after providing further evidence of a significant porphyry copper target in Argentina While Volt Resources, Summit Minerals and RareX are all...

Stockhead SUM 4 months ago
ASX Market Open: Materials drag shares deeper | 11 June, 2024

Despite futures tipping a 0.25% decline on the bourse the market has tanked 1.10% in the first hour of trades. The immediate catalysts at play aren’t obvious but are likely being driven in part by low iron ore prices, stronger than expec...

themarketonline.com.au SUM 4 months ago
Stocks of the Hour: Bapcor, Summit Minerals, DY6 Metals

  Bapcor (ASX:BAP) has responded to the media speculation and confirmed the receipt of a non-binding, indicative proposal from Bain Capital Private Equity, LP. Under the terms of the Indicative Proposal, Bapcor shareholders would receive $5...

ShareCafe SUM 4 months ago
Stocks of the Hour: Bapcor, Summit Minerals, DY6 Metals

11 Jun 2024 - A snapshot of the stocks on the move, featuring Bapcor (ASX:BAP), Summit Minerals (ASX:SUM) and DY6 Metals (ASX:DY6).

FNN SUM 4 months ago
Summit Minerals speeds up exploration at Equador after picking up rock chip samples with 40.84% niobium and 34.16% tantalum

Special report: First assay results from the Equador project in Brazil have confirmed high-grade niobium and tantalum over a 1.2km strike length. Summit Minerals (ASX:SUM) might still be in the early stages of its niobium exploration progr...

Stockhead SUM 4 months ago
Top 10 at 10: Graphite, more niobium, and someone is looking under Bapcor’s hood

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...

Stockhead SUM 4 months ago
Summit Minerals surges 30% on fresh niobium finds as WA1 fever spreads

Shares in Summit Minerals (ASX:SUM) were up by as much as +27% in the first twenty minutes of trade on Tuesday, driven by positive niobium hits. Strong market reaction towards a metal which not long ago you could fairly call “obscure” is...

themarketonline.com.au SUM 4 months ago
Adelong steps up a gear on rare earth hunt in Brazil’s Paraiba

Adelong Gold Limited (ASX: ADG) has commenced Phase 2 of exploration activities at the Paraiba tenements in Brazil to build upon “promising preliminary reconnaissance results and mineral potential in the region”. The 10 Brazilian license...

themarketonline.com.au SUM 4 months ago
Summit Minerals’ maiden exploration at Equador niobium and rare earths project returns high-grade assays

Summit Minerals (ASX: SUM) has reported a series of high-grade assays from maiden exploration at its Equador niobium and rare earths project in Brazil. The company discovered multiple new pegmatite and historic mine workings across the tene...

SmallCaps SUM 4 months ago
Closing Bell: ASX dips, goldies lead, and Forrestania jumps 140pc on iron ore play

ASX 200 dips  amid Wall Street closure for Memorial Day Commodities bounce back; gold stocks rise, uranium falls Forrestania jumps on iron ore play   The ASX 200 edged down -0.2% on Tuesday as local traders navigated a directionless marke...

Stockhead SUM 4 months ago
Closing Bell: Xero takes charge with a 10pc jump; Goldies dive on profit taking

Xero and Nvidia buoyed Tech, while BHP dragged Mining Gold stocks were the worst performing miners today New tensions over China’s drills near Taiwan   The benchmark ASX 200 index was down about -0.50% on Thursday. Xero’s (ASX:XRO) 10% ju...

Stockhead SUM 4 months ago
Closing Bell: ASX fleeced as retail stocks plunge; Alliance Nickel soars on great big grant

ASX losses accelerate after sluggish retail sector updates  Baby Bunting, Temple & Webster, JB Hi-fi all under pressure on soft sales Alliance Nickel soars on fat federal grant   After opening modestly higher this morning, the ASX qui...

Stockhead SUM 5 months ago
30 niobium targets, already? Summit makes a solid start to exploration at Equador project

Multispectral analysis targeting niobium mineralisation at Equador project in Brazil has identified 30 targets Fieldwork has established that the Sentinel 2 and ultraviolet spectral data sets broadly correlate to areas of identified tourma...

Stockhead SUM 5 months ago
Market Highlights: Shopify, Airbnb drag down Wall Street; and what’s been moving the gold price lately?

  ASX to dip slightly at the open after a modest run on Wall Street Shopify, Airbnb and Uber took a dive overnight after earnings release What’s been moving the gold price?   Aussie shares are poised to open modestly lower on Thursday,...

Stockhead SUM 5 months ago
Closing Bell: ASX finds some bulldog as copper-gold pup Canterbury pops, just like we said it would

The ASX belts one out on Monday, up 0.8pc All 11 sectors are better for it Canterbury Resources grows by half   The benchmark Aussie index has started the week with decisive and broad based gains. All 11 sectors ended Monday higher. US Fu...

Stockhead SUM 5 months ago
Summit hits the ground running with exploration to kick off at freshly acquired niobium projects in Brazil

Summit Minerals is getting boots on the ground and fast in bid to make niobium and rare earths discovery at newly acquired ground in Brazil’s Paraiba State In country geology team appointed to lead ground and drone survey and sampling prog...

Stockhead SUM 5 months ago