Articles On Sumatra Copper & Gold (ASX:SUM)

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...

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...

‘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 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...

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...

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...

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...

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  ...

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...

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...

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...

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...

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...

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...

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...

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...

  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...

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

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’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...

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...

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...

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...

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...

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...

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...

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...

  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,...

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...