Articles On Sumatra Copper & Gold (ASX:SUM)

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...

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...

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...

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...

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...

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...

  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...

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...

  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...

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’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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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’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...

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’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...

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...

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...

  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...

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...

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...

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).

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...

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...

All your lithium news, Friday, August 11. Chile’s leftist President Gabriel Boric is once again pushing back against conservative opposition in the country who want to let foreign investment into its lithium industry. Earlier this year, Bor...

Winsome Resources’ Adina Main deposit could host resources of 40Mt at 1.2%: Canaccord Canaccord has given WR1 an initial target price of $3.55/sh Today’s ASX lithium updates from SUH, LEL,FBM, L1M, MM1, GL1, SUM, EMC All your lithium news...

Summit Minerals (SUM) is one of the latest ASX-listed companies to set up shop in the prolific James Bay lithium district of Quebec Under a binding option agreement, Summit will acquire 80 per cent of the Castor lithium project The la...

Summit has nabbed 80% of the Castor lithium project in Canada’s prolific James Bay region within the same greenstone belt as TSX-V listed companies Ophir Gold and Q2 Metals. Canada has a lot of promise to become “the Australia” of North Am...

ASX dips 0.56% despite a solid kickstart first thing this morning InfoTech outperforms the market again, leading on +0.21% for the day Heavy Minerals banks a 90% bump on some big time garnet news   For 10 fantastic minutes this morning, l...

Summit Minerals (SUM) reports positive results from phase two drilling at its Stallion REE project in Western Australia Initial assays confirmed resource potential and indicate significant REE-enriched zones Planning is underway for f...

Summit Minerals (ASX:SUM) is planning for another phase of extension and infill drilling in Q3 2023 at its Stallion Rare Earth Element (REE) Project in Western Australia.  The purpose of the phase three drilling is to grow the mineralised z...

Good morning to you all. The good news is that the ASX posted its best one-day gain since April yesterday, after way better than expected CPI data for May had investors punting that the RBA is likely to keep things on hold next week, after...

Battery minerals explorer Summit Minerals (ASX:SUM) is from 15 May 2023  beginning its phase two reverse circulation (RC) drilling campaign at the Stallion Rare Earth Element (REE) Project in Ponton Creek, Western Australia.  The RC rig wil...

ASX scuttled by bleak rates outlook in the US, down 0.83% for the day RBA boss Philip Lowe had better news for Aussies. Kind of Summit Resources galloped to a win, up 35% on great REE news at Stallion   We have comments from US Fed chair...

Recent drilling across the Stallion REE Project has returned multiple stand-out results, which validate and improve upon historical exploration work conducted by Manhattan Corporation. Step-out drilling to the west of the paleochannel at S...

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...

Summit Minerals has received expanded access for exploration across the southern half of the Windfall project in New South Wales, including all the Toorooka and most of the Pinnacle antimony camps. The access allows for geological mapping a...

Summit Minerals has expanded its antimony footprint in NSW with the grant of a new tenement, Magwood (EL9512) which includes the historic Magwood antimony mine. The mine produced around 5000t of antimony concentrate between 1920 and 1969 at...

Summit Minerals (ASX:SUM) has expanded its antimony footprint by securing the historic Magwood mine tenement (EL9512) near Hillgrove in New South Wales. The company says Magwood produced about 5,000 tonnes of antimony concentrate between 19...

Summit Minerals (SUM) secures the Magwood tenement, expanding its antimony footprint in New South Wales The new tenement includes the historic Magwood antimony mine, which historically produced around 5000 tonnes of antimony concentrate...

Summit is picking up the pace at its Windfall antimony project near Kempsey, New South Wales, after completing a first pass field program with rock chip and soil sampling. A total of 26 samples – divided evenly between rock chip and soil sa...