Articles On Vimy Resources (ASX:VMY)

Those stocks exposed to the mushrooming clean energy thematic likely did very well in September 2021, but there were two massive standouts: lithium and uranium. It was a wild month for Chinese lithium carbonate prices, which surged to anoth...

September 2021 was the worst month for the ASX since March 2020 but the 50 best stocks gained 57% or more. Despite a positive close on September 30, the ASX finished the month down 2.59% and nearly 4% lower since mid-August. While the stimu...

Vimy said the company’s earthworks contractor was preparing to mobilise personnel and equipment to site immediately

After gaining 1.88% yesterday, the ASX gave back just about all of those gains as October got off to a rough start today. The ASX closed at 7,186 points, down 2% from yesterday and 5.8% from mid August. All sectors finished in the red, with...

Micro-cap explorer Amani Gold responds to second speeding ticket in 30 days after shooting up 250%. Vimy Resources gets key WA mines department approval as it looks to meet ‘substantial commencement’ deadline. Brightstar secures funds for...

The ASX finished September on a solid note but not enough to avoid the worst month since March 2020. The ASX 200 closed at 7,332 points which was 1.88% higher than yesterday but nearly 3% lower than it started the month at. However it is up...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

The uranium price is going gangbusters, and the spot price has punched through $50/lb for first time in nine years. The spark for this price rise is the Sprott Physical Uranium Trust, which used a US$300 million at-the-market equity raise t...

Among the stocks running hottest this week was ViaGold Rare Earths Resources (ASX:VIA), which counts some big Chinese companies as major shareholders and has been surging in September on no news. Each week, Stockhead recaps ASX stocks that...

Who would have imagined that the longest bear market we’ve seen would turn so quickly into a raging bull market! You might think I’m talking about gold or precious metals. But that can’t be right… Gold is grinding lower the last year and ev...

Australia’s bourse had its biggest decline since February 26 falling by over 2%. The ASX 200 fell 2.1% to close at 7,248 and is down 5% since August 13. The ASX Emerging Companies Index fared worse, losing over 4% in its worst day since Apr...

ASX uranium shares have pulled back sharply on Monday following a weak open for the S&P/ASX 200 Index (ASX: XJO). Steep declines for the uranium sector ASX uranium shares opened to a sea of red on Monday. The largest ASX-listed uraniu...

BHP (ASX:BHP) shareholders had a field day with iron ore’s record run in 2020-21, with the 136 year old company delivering its largest ever dividend payout. Now its annual report is out and its chief executive Mike Henry’s remuneration has...

It was another day of gains for the ASX led by the energy sector. The ASX 200 rose by 0.116% to close at 7,437 while the ASX Emerging Companies Index rose 0.56% to close at 2,527. Although there was an even number of winners and losers amon...

The ASX closed higher today and it was all thanks to the latest moves in the uranium sector. Spot prices have reached ~7 year highs with the latest catalyst being the Sprott Physical Uranium Trust buying up more physical uranium and spot pr...

The uranium space is going bonkers. The spark has been the Sprott Physical Uranium Trust (SPUT), which started buying up physical uranium and taking it out of market circulation in August. So far, this has pushed spot price to +6-year highs...

Michael Goldberg is the founder and managing director of Collins St Asset Management. The fund is consistently in the top three performers Australia-wide, based on quarterly data collated in the Mercer Investment Survey. In this Stockhead s...

ASX uranium shares have boomed to multi-year highs following a boom in uranium prices. Uranium spot prices have been in a prolonged bear market, plunging from around US$136/lb in 2008 to below US$30/lb between mid-2016 and early-2020. It...

‘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 pro...

After the largest three week rise on record for the uranium price, brokers lift their long-term uranium price forecasts and raise price targets for shares. -Largest spot market volumes since 1966-Long-term uranium forecast price of US$60-Th...

By Greg Peel Normal Programming After the sideshow that was Thursday’s trade on the ASX, Friday saw a more sensible session, once again led by the resource sectors after Thursday’s BHP Group ((BHP)) ex-dividend tailspin. The ASX200 opened u...

Uranium is going gangbusters right now. The spot uranium price has pushed past $35/lb for first time in six years thanks to the Sprott Physical Uranium Trust (SPUT) sparking the lift when it started buying up and storing physical uranium. S...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

The spot uranium price has punched through $35/lb for first time in six years. The spark for this price rise is the Sprott Physical Uranium Trust (SPUT), which started buying up and storing physical uranium a few weeks back. Big day as #Ur...

It was a positive start to the week for the Australian bourse. The ASX 200 rose 0.22% to 7,505 while the ASX Emerging Companies Index gained nearly 2% and closed at 2,331 – a two week high following a 6% drop in the week before last. The ga...

Last week, the Sprott Physical Uranium Trust (SPUT) started buying up physical uranium, taking it out of market circulation. This yellowcake will be sequestered for the long term. Last week it was 900,000lb. On Tuesday another 400,000lb was...

No other mineral has generated as much controversy globally as uranium, and this week the debate over its place in Australia’s energy mix has once again come to the fore. Speaking on the Sky News channel, deputy Nationals leader David Littl...

Aspiring producer Boss Energy (ASX: BOE) has confirmed it will expand preliminary project execution strategies for the re-start of its Honeymoon uranium venture in South Australia. On the back of an enhanced feasibility study released last...

The armed forces could be called upon to enforce Sydney’s strict lockdown, and we might see troops on the streets as early as Monday. On the bourse, the benchmark ASX 200 has closed 0.40% lower on Friday, but was flat for the week. The mini...

Summary  The mining of Crypto currencies draws an enormous amount of electricity The mining industry is continuously facing challenges because of its high energy use and environmental concerns. Crypto miners are seeking cheap and clea...

Junior explorer Trigg Mining (ASX: TMG) has appointed Western Australian mining identity Dr Tony Chamberlain to the role of chief operating officer to help realise its mission of developing a new sulphate of potash (SOP) hub in the state’s...

Momentum is steadily building for uranium companies, as investors who have bet on the bottom for the past several years begin to see returns amid broader positive sentiment in the market. Percolating in the background is a wave of optimism...

Uranium optimism is growing with governments around the world including nuclear energy in their plans to slash carbon emissions and the US saying outright that achieving its climate goals would not be possible without nuclear plants. Nuclea...

As the uranium spot price continues a four-week winning streak, Uranium Participation Corp concludes an equity raising to fund future purchases of uranium -Uranium Participation Corp raises C$80m-Exelon seeks nuclear plant reprieve-Uranium...

As the uranium spot price rose 3.8% for the week, share prices of current and prospective uranium producers rose solidly -Uranium equities outperform most indices-Cameco and Kazatomprom production reports-Uranium spot price rise by 3.8% for...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade. WINNERS Scrol...

Toronto-based precious metals fund manager Sprott Asset Management, already a trend-setter in precious metals, has now sent a wake-up call through the uranium space. It is absorbing Toronto-listed Uranium Participation Corporation (UPC) and...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade. WINNERS Scrol...

The capital raisings boom on the ASX is continuing in 2021 with nearly $10 billion raised in the first four months of the year. Across 325 deals, ASX companies have raised $9.878 billion in capital amidst IPOs, placements and rights issues....

Energy is an essential piece of modern life and while energy demand fell in 2020 due to the impact of the COVID-19 pandemic, emerging markets and developing economies are expected to drive a 4.6 per cent increase in demand. In its Global En...

By 2030, there will not be enough uranium production to meet demand, even if every single idled mine and planned project goes into production. That’s the base case (most expected) scenario. The Nuclear Fuel Report 2019, World Nuclear Associ...

The Vimy Resources Ltd (ASX: VMY) share price is plummeting in early afternoon trade. This comes after the company announced it has completed an equity raising, and opened a Share Purchase Plan (SSP) offer. At the time of writing, the uran...

Vimy raises slab of funding for uranium ventures. URANIUM contender Vimy Resources is raising more about A$20 million in equity to progress its ...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Small caps have gained again – rising for the fourth day in a row and the 10th time out of 11 sessions. The Small Ordinaries index of the 101st to 300th biggest Australian companies on Friday advanced 17.7 points, or 0.53 per cent to close...

Listed uranium outfit Vimy Resources is seeking a cash injection to finance development at its Western Australian uranium project. 

It was another day in the green for the ASX as it edged closer to surpassing the record high it reached immediately prior to COVID-19. The ASX 200 rose 0.51 per cent, closing at 7,058 points while the ASX Emerging Companies Index rose 0.75...

Source: whiteMocca, Shutterstock After setting a new 100-day high, the benchmark index ASX 200 fell in the early trade. By lunchtime, it lost 7.90 points and traded at 7015.20, down by 0.11% on the previous day closure.  9 out of 11 secto...

Power Up is Stockhead’s fortnightly look at all the news and moves driving ASX energy stocks. After a brief foray above the $US65 ($85.60) a barrel mark in March, oil prices have slid back down to hover around the $US60 a barrel level thank...

As the uranium price rise of recent weeks takes a breather, Cameco plans to restart production at the Cigar Lake mine -Cameco’s Cigar Lake mine to restart-Recent research on ASX-listed uranium companies-The weekly Spot uranium price falls -...