Articles On Sovereign Metals (ASX:SVM)

  ASX slips after hitting new high ahead of Fed decision Iron ore prices expected to drop below US$80 by 2025 Harvey Norman faces class action lawsuit over warranties   The ASX was a bit of a mixed bag today, hitting a new high before pu...

Mining giant Rio Tinto (ASX:RIO) has increased its shareholding in Sovereign Metals (ASX:SVM) to 19.9% following the exercise of its unlisted options in July.  On 13 September 2024 Rio Tinto Mining and Exploration made an additional in...

RIO has increased its stake in SVM from 19.76% to 19.9% SVM owns the world’s largest rutile and second largest flake graphite project Company recently produced anode material from graphite feedstock suitable for battery production   Spec...

The ASX200 closed up 0.3% at 8,012 points, just below its all time high set a few weeks ago. The local bourse climbed higher as both Commonwealth Bank and Macquarie broke share price records. The Energy sector surged nearly 1%, follow...

The ASX200 finished up 0.4% at 7,982 points as the market embraced slightly more positive sentiment. In a speech today, RBA Governor Michele Bullock has raised the prospect of higher interest rates if inflation is not slayed. Speaking at...

    ASX tumbles by 1.88pc, driven by fears of a US recession Australia’s GDP hits the slowest pace since the 1990s recession Semiconductor stocks in Asia tumble after Nvidia’s massive plunge   The ASX sank by 1.88% on Wednesday as worrie...

Anode material produced using Sovereign Metals’ Kasiya graphite feedstock have proven to be suitable for battery production Testing found that Kasiya CSPG is comparable to the highest quality battery material produced by Chinese anode manu...

Sovereign Metals has started a hydraulic mining trial at its Kasiya rutile project Results from this trial will be compared with those from successful dry mining Work for the hydraulic mining trial will include land rehabilitation   Speci...

Aussie stocks dropped despite Wall Street edging up ahead of Nvidia’s report Inflation eased to 3.5pc, impacting rate cut predictions Fortescue and Flight Centre reported gains; Woolworths and Tabcorp faced losses   Aussie stocks dropped...

ASX to open lower despite the Dow Jones hitting a new high Nvidia’s earnings report will be the major event later tonight Apple’s stock rose with the appointment of a new CFO   The ASX is expected to open lower on Wednesday despite the Do...

ASX rises circa 0.5pc Consumer stocks in focus this week SGQ and PHX lead small caps   Aussie stocks have closed higher on Monday as IT and retail stocks added strength to sentiment. The S&P/ASX200 closed higher, gaining 36.00 points...

Infill drilling on the southern part of the Kasiya deposit aims to upgrade resources from indicated to measured This area around previously designated pits is proposed to provide ore feed in the first eight years of the project’s planned...

ASX and regional markets are sharply lower after Wall St tech crunch All 11 local sectors hit, InfoTech smashed hardest on -2.7pc Tissue Repair leads small caps on happy TGA approval news   The benchmark has followed sharp falls across...

Sovereign Metals (ASX:SVM) has begun trading its shares on the OTCQX market under the ticker code SVMLF.  Trading on the OTCQX market provides the company with access to a broader eligible US investor base.  Sovereign is also listed o...

Rare earths hunters in Brazil make huge gains in FY24 and niobium juniors ride WA1 Resources’ Luni euphoria, but a scandium junior steals top spot Wildcat and Raiden rise to the top of an average lithium market Spartan soars on Never Never...

Garimpeiro does not recommend loading up in a rumoured takeover target in the hope the rumour is on the mark and there is a takeover premium to be had. More often than not the takeover talk amounts to nothing and the investor is left holdin...

This article is part of the daily news updates from FNArena.com. Stay informed with the latest financial, business, and economic insights. Written by Admin World Overnight SPI Overnight 7802.00 + 73.00 0.94% S&P ASX 200 7739.90 +...

Materials, Energy and Infotech dominate a sluggish day on Wednesday Booktopia collapses with a grim outlook for a final chapter ahead Some standout performances among the small caps, but who won?   The ASX 200 benchmark struggled to make...

The ASX200 was up a quarter of a percent at lunchtime with materials in the lead, up just over 1%.  Its gains were partially driven by iron ore prices climbing back to US$110.40 in Singapore; around a three-week high.  Recent Chinese...

Rio Tinto Ltd (ASX: RIO) has been busy investing funds into an ASX All Ords stock this week. Based on the mining giant's investment, it seems to see a lot of promise in this company's project in Africa. Which ASX All Ords stock? This mornin...

Mining giant Rio Tinto Mining and Exploration Ltd (ASX:RIO) has increased its shareholding in Sovereign Metals Ltd (ASX:SVM) by 19.76 percent, reflecting its particular interest in supporting the latter’s Kasiya Rutile-Graphite Project in M...

Malawi’s Minister of Mining, Monica Chang’anamuno, will be speaking at the Critical Minerals Africa (CMA) in November to highlight partnership and investment opportunities within the country’s mining sector.  The CMA 2024 Summit will tak...

Sovereign Metals (ASX:SVM) has entered into a memorandum of understanding (MoU) with US-based development organisation The Palladium Group for multi-partner investment and development opportunities in Malawi.  Under the agreement, which...

Sovereign Metals (ASX:SVM) has begun upgrading of the 399km Nkaya-Mchinji Section Railway connecting the Malawi-Zambia border to the Nacala Logistics Corridor (NLC) and which runs across its Kasiya Rutile-Graphite Project tenements. Refu...

Sovereign Metals (ASX:SVM) is on schedule with groundworks underway for the ongoing Pilot Mining and Land Rehabilitation Program at the Kasiya Rutile-Graphite Project in Malawi is on schedule with groundworks underway. Managing Director...

ASX down 0.5pc, Energy sector up due mainly to Woodside’s upgrade. CRH to acquire Adbri, ending Adbri’s 62-year ASX presence China’s data CPI keeps increasing, new data shows   The ASX continued yesterday’s decline, down another -0.5% tod...

Tesltra slumps, iron ore miners gain BHP faces a deadline today to decide on its bid for Anglo America Webjet reveals plans to split its travel divisions, boosting its share price today   The ASX 200 closed flattish on Wednesday, as big l...

Pilot phase initiated to optimise mining methods for Sovereign Metals’ $US1.6bn Kasiya rutile-graphite project Land rehabilitation to determine best excavation and backfill approaches Bulk samples will be collected and tested in the lab fo...

ASX 200 set to open higher after Wall Street gains Traders eagerly await Nvidia’s quarterly results later tonight The 56-year-old Red Lobster files for bankruptcy   The ASX 200 is poised to open higher on Wednesday after modest rises on...

ASX gained on the aftermath of Budget Silver stocks on a roll, along with other miners Market newbie Sun Silver hits the ground sprinting on debut   The ASX rose +0.5% on Wednesday on the aftermath of the Fed Budget. The local market also...

Sovereign Metals Ltd (ASX:SVM), which is developing the Kasiya rutile-graphite project in Malawi, has kicked another goal on its scoresheet, with downstream test work showing potential yields of high-quality graphite and few residual impuri...

Sovereign Metals produces spherical purified graphite (SPG) with world-leading specifications for lithium-ion batteries The SPG product exhibits exceptional purity (99.99%), positioning it ideally for battery anode materials This achieveme...

ASX to open higher after a rally on Wall Street Market brushes aside strong US PPI Winners in last night’s Budget include quantum computing   Aussie shares are poised to open higher on Wednesday as local traders parse through details...

Sovereign Metals (ASX:SVM) has demonstrated graphite concentrates up to 97.8% total graphitic carbon at high flotation recoveries between 91.2% and 97.2% from four independent laboratories in Australia, Canada, and South Africa.   Graphi...

ASX closed flattish on Wednesday after toying with a higher open Perpetual’s shake-up saw shares drop 6pc as KKR snags business parts Iceni Gold jumped over 300pc on discoveries at its Christmas Gift site   After opening higher, the ASX c...

Testwork from multiple labs show up to 97.8% graphite content at Sovereign Metals’ Kasiya Low-cost >55% TGC rougher concentrate produced without milling or crushing Kasiya is the largest rutile and second-largest flake graphite deposit...

The ASX has plunged alongside Wall Street on jitters of higher US rates for longer All 11 sectors closed in the red Uranium stocks gathered some ground today   The ASX200 has tumbled over 1% on Wednesday as hot US labour data sent jitters...

Industrial scale concentrator to be installed at Sovereign Metals’ Lilongwe testing facility for bulk sampling Spiral throughput capacity of up to 10 tonnes per hour of ore from Kasiya for graphite and rutile sample preparation Final grap...

The hottest takeover deal of the month doesn’t have anything to do with Seven (ASX:SVM) and Boral (ASX:BLD). Nor does it have anything to do with rumours surrounding Cleanaway (ASX:CWY), if you measure the ‘hottest deal’ in share turnover....

The ASX extends its gains on Tuesday Tech stocks rallied ahead of US megacap earnings, while goldies struggled Tesla, along with Alphabet and Spotify, will release results tonight   The ASX200 lifted on Tuesday, up by +0.45% after trackin...

Sovereign Metals appoints graphite expert Dr Surinder Ghag as chief technology officer He will design and deliver graphite downstream test work programs Programs will align with graphite product development and qualification   Special Rep...

Insider buying is usually regarded as a bullish indicator, as few people should know a company better than its own directors. The theory is that if they have the confidence to buy shares, it could be interpreted as a sign that things are g...

The ASX 200 erases early morning’s losses, rallying to close the day +0.3% higher.  This comes as the ABS released its monthly CPI report, which shows that YoY inflation was steady in February at 3.4% for a third straight month. The figure...

70+ hole augur drilling campaign kicked off to the north of the Kasiya resource Project already contains the largest natural rutile, second largest graphite deposit in the world 8km-long extension to mineralisation has also been identified...

The ASX200 is tipped to gain up to 0.2 per cent after the S&P500 closed up half a per cent to a record high. The Dow Jones was also nudging its record and the Nasdaq gained 0.4 per cent – in the lead up to the US interest rates decis...

The pool of luck is only so deep when it comes to investing in junior explorers and developers. So introducing a bit of science to the process should be the aim. It is with that that Garimpeiro notes Argonaut has just released its “Best Und...

Argonaut has named its 11 best undeveloped mining projects held by Australian companies in 2023 It comes as development timeframes blow out, threatening the next wave of major mines De Grey Mining leads cohort, with six new projects in th...

China’s control over the graphite supply chain is nothing new. As the world’s top graphite producer and exporter, China dominates every stage of the supply chain from feedstock material to active anode material production (AAM), accounting...

History shows that if can pick up quality ASX shares when they are cheap, then you have a great chance of generating big returns. With that in mind, it could literally pay to listen to what analysts are saying about an ASX 100 darling that...

Owners of Resmed (ASX: RMD) shares will soon be receiving their quarterly dividend payment, which may offset a little bit of the recent pain for the Resmed share price. Interested investors will need to be quick because the dividend is goi...