Articles On Sumatra Copper & Gold (ASX:SUM)

Title Source Codes Date
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 days 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 6 days 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 6 days 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 6 days 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 1 week 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 1 week 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 1 week 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 1 week 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 1 week 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 1 week 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 1 week 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 1 week 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 2 weeks 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 3 weeks 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month ago
Closing Bell: ASX clipped -1.3pc on broad selloff; BHP makes a $60bn play for Anglo American

The ASX slumped by over -1pc, as jitters about delayed rate cuts rattled markets Miner BHP confirmed  $60 billion bid for competitor Anglo American Gold stocks climbed, but all 11 sectors closed in the red   The ASX 200 declined sharply b...

Stockhead SUM 1 month ago
Summit Minerals identifies MORE saprolite clays in Brazilian rare earths hunt

Saprolite clay system at Summit’s T1-T2 project has potential to host rare earths mineralisation Aggressive Phase 1 augur drill program to be carried out T1-T2 is located in Brazil’s mineral-rich Minas Gerais mining district   Special Rep...

Stockhead SUM 1 month ago
Closing Bell: ASX’s gains erased after strong CPI, winning tickers today include WMS and OZM

The ASX pared gains after the CPI came in stronger than expected Fortescue led the Mining sector after its quarterly update TikTok’s ban in the US looms   The ASX closed modestly higher today by +0.1% as gains were pared after the release...

Stockhead SUM 1 month ago
35.54% niobium?! ASX explorer aims to scale the Summit of Brazil’s critical minerals sector

Summit Minerals (ASX:SUM) to purchase niobium, lithium and rare earths (REE) projects in Brazil Tenements cover 292.2km2 across 14 granted and applied licenses First-pass exploration at Aratapira REE project identifies 200m saprolite-clay...

Stockhead SUM 1 month ago
Closing Bell: Thursday and the ASX200 is flat and porous. I am unhappy… But at least Bega made a lot of cheese

  Local markets end flat like an old can of coke on the coffee table Sectors are mixed up. I’m mixed up after all that Small Caps led by Way2VAT again, as well as some cracking local medtechs   It is 4pm on Thursday February 22, and the S...

Stockhead SUM 3 months ago
Summit Minerals lifts Stallion tenure by 84pc, now one of the largest uranium blocks in the region

Summit Minerals increases its Stallion project tenure to 361km2 Uranium endowment also grows from 3.3Mlb to 7Mlb U3O8 Paleochannel-hosted uranium mineralisation length up from 8km to 28km   Special Report: Battery metal and uranium-focuse...

Stockhead SUM 3 months ago
Closing Bell: Local markets ride commodities higher after a blow to US confidence on Friday

  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...

Stockhead SUM 3 months ago
Eye on Lithium: Labor’s EV targets slammed, and yet ‘tenfold increase’ in sales; PR1 leads ASX gainers

Labor’s electric vehicle strategy/forecast is copping a bit of a beating from the critics today And yet… EV sales appear to have surged ‘tenfold’ Meanwhile, Pure Resources, Chariot and Eclipse lead the lithium gainers on the ASX Lithium r...

Stockhead SUM 6 months ago
In Case You Missed It: An potash project acquisition and lithium drilling programs kick off left right and centre  

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...

Stockhead SUM 7 months ago
Could a thin layer of cover be concealing a lithium payday at Summit’s Phillips River?

Summit Minerals set to start soil sampling at its Phillips River lithium project, near Allkem’s Mt Cattlin mine Ultrafine soils program will cover areas outside proposed auger drilling area Results will be used to identify high-priority ta...

Stockhead SUM 7 months ago
Summit Minerals seeks Windfall for divestment

Summit Minerals (ASX:SUM) is actively considering divestment opportunities for its Windfall Antimony Project, following an extensive review of the company’s portfolio. The company says it has recognised Windfall is non-core to the compan...

Mining.com.au SUM 7 months ago
Market Highlights: Microsoft’s new AI chip, why divvy stocks aren’t a sure thing, and 5 small caps to watch

ASX set to fall despite a modest rally on Wall Street Microchip stocks fell as Microsoft unveiled its new custom AI chip Janus Henderson says investing in dividend stocks won’t always be a sure thing   Aussie shares are poised to open low...

Stockhead SUM 7 months ago
Long Shortz with Summit Minerals: Battery metals explorer gets supercharged with major appointment

Global battery metals developer Summit Minerals has bolstered its intrepid team with the recent appointment of accredited resources executive Gower He. Stockhead’s Ashtyn Hiron sits down Summit Minerals (ASX:SUM) CEO Gower He to get the sho...

Stockhead SUM 7 months ago
New Summit CEO’s downstream lithium experience ‘key to unlocking shareholder value’

Summit appoints experienced lithium and battery metals executive Jiahe Gower He as CEO Gower previously held roles with Mitsui & Co, Delta Lithium and Equinox Resources Lithium experience a huge benefit a Summit explores flagship Casto...

Stockhead SUM 8 months ago
Summit eyes potential Stallion MRE

Summit Minerals (ASX:SUM) is eyeing a potential interim maiden resource ahead of phase three drilling at its Stallion Rare Earth Element (REE) Project in Western Australia.  The $6.65 million market capitalisation company says the result...

Mining.com.au SUM 8 months ago
In Case You Missed It: Lithium acquisitions and bumper nickel processing for Q3

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...

Stockhead SUM 8 months ago
Summit Minerals unlocks further exploration potential at Stallion, WA

Summit Minerals Limited (ASX: SUM) announces findings from the UFF soil program conducted across parts of its Stallion REE project in WA Multiple anomalous REO results, spanning over a four-kilometre length were discovered in dense, sand...

themarketherald.com.au SUM 8 months ago
How big? Ultrafine soil sampling hints at the ‘size and scale’ of Summit’s Stallion rare earths project

SUM’s ultrafine soil analysis at Stallion confirms exploration potential to the north Multiple anomalous rare earth oxide (REO) results extending over 4km returned Results back phase 2 drilling which confirmed widespread REE mineralisation...

Stockhead SUM 8 months ago
Summit saddles up for more Stallion drilling

Summit Minerals (ASX:SUM) is planning another bout of extension and infill drilling across its Stallion Rare Earth Element (REE) Project after receiving fresh assay results.  The phase three drilling campaign will look to grow the minera...

Mining.com.au SUM 8 months ago
In Case You Missed It: Kidney drug licensing deal and semiconductor club membership

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...

Stockhead SUM 8 months ago
In Case You Missed It: Lithium plays led the way followed by rare earths

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...

Stockhead SUM 9 months ago
90 Seconds With… Jonathan King, Summit Minerals (ASX:SUM)

Got 90 seconds? Then listen to Exploration Director, Jonathan King tell us about their company news. Summit Minerals (ASX:SUM) is a Battery Mineral exploration company focused on the exploration and development of its strategically located...

Stockhead SUM 9 months ago
In Case You Missed It: Lithium ground near Bald Hill and Victorian gold

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...

Stockhead SUM 9 months ago
228 pegmatites!? Summit’s Castor lithium project is teeming with sweet targets

228 potential pegmatite outcrops have been identified at Castor project via interpretation of Sentinel-2 multispectral imagery Multiple interpreted pegmatite dykes in the eastern half of the Castor property “demand immediate attention” Hig...

Stockhead SUM 9 months ago
ASX closes 0.68% lower as worries continue of China’s economy

At the closing bell, the S&P/ASX 200 was 0.68 per cent lower at 7,146.00. This decline was in line with a subdued sentiment in Asian markets due to apprehensions about China's deteriorating economy and a less-than-adequate reaction from...

ShareCafe SUM 10 months ago
Stocks of the Hour: Summit Minerals, American West Metals, Lithium Universe, Aldoro Resources

  Summit Minerals (ASX:SUM) announced that lithium-bearing minerals have been detected over 100 targets at the Castor Lithium Project in the prolific James Bay area, Quebec, Canada. Once access to the property is approved, Summit will condu...

ShareCafe SUM 10 months ago
ASX down 1.18% at noon: Australia’s unemployment rises 3.7% in July

At noon, the S&P/ASX 200 is 1.18 per cent lower at 7,110.30. Australia’s unemployment rate has risen to 3.7 per cent in July. The workforce experienced a reduction of approximately 15,000 individuals in employment, coupled with a rise o...

ShareCafe SUM 10 months ago
Summit Minerals uncovers multiple new targets at Castor Lithium Project in Canada

Summit Minerals (ASX:SUM) has identified numerous new exploration targets through Sentinel Multispectral data and Synthetic Aperture Radar (SAR) work over its Castor Lithium Project in Canada.  The $5.87 million market capitalisation compan...

Mining.com.au SUM 10 months ago
Stocks of the Hour: Summit Minerals, American West Metals, Lithium Universe, Aldoro Resources

17 Aug 2023 - A snapshot of the stocks on the move, featuring Summit Minerals (ASX:SUM), American West Metals (ASX:AW1), Lithium Universe (ASX:LU7) and Aldoro Resources (ASX:ARN).

FNN SUM 10 months ago
Allkem’s big resource upgrade is a positive sign for these James Bay hopefuls

Allkem’s James Bay lithium resource upgrade follows on Patriot’s initial resource in late July. The big spodumene deposits are a clear sign of the region’s prospectivity. Lightning Minerals is the latest entrant into the space.   The Jame...

Stockhead SUM 10 months ago
Summit has antimony, copper and increasingly valuable gallium at its Ahmed project

Exploration at Summit’s Ahmed project in Morocco has identified occurrences of both antimony and copper though the real surprise was encountering gallium, which has entered the public eye. Geological mapping and rock chip sampling across th...

Stockhead SUM 10 months ago