Articles On Ardea Resources (ASX:ARL)

Gold bugs would be breathing a sigh of relief this week as the price stabilises just shy of $US1,800/oz ($2,463/oz Aussie) thanks to Monday’s healthy 1.5% gain. While there are plenty of other red hot sectors attracting investor dollars rig...

Vulcan Energy (ASX:VUL) shares are up a tidy 2200% over the past year so it is little wonder its spinoff Kuniko (ASX:KNI) stormed onto the ASX boards on its listing today. The Scandinavian base metals explorer was up a remarkable 325% above...

It was another positive close for the Australian bourse today with energy the standout sector. The ASX 200 closed 0.17% higher at 7,503 points while the ASX Emerging Companies Index gained 1.1% to close at 2,262 points. Leading the charge w...

Roskill forecasts demand for nickel chemicals to grow by over 500% between 2021 and 2030 It’s not just metals: battery makers are also getting hit with sharp price rises and supply shortages for non-active materials Several lithium players...

The gold price itself had 12 months of consolidation. Now we are entering a new stage of a bull market which Barry Dawes of Martin Place Securities believes “will take it much, much higher”. In the big scheme of things, the pullback we have...

Ardea Resources is set to get the drill rods spinning in its nickel sulphide hunt at its Kalpini project near Kalgoorlie in WA. Two holes will test newly defined geophysical targets, with one target coinciding with a recent intercept that r...

On Sunday, a chaotic ‘flash crash’ saw the gold price plummet into the $US1600s per ounce before staging a mild recovery. Experts mostly point to a better than expected jobs report out of the US for heavy selling that saw the traditional he...

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel and vanadium. Last week, ASX lithium stocks went mental. The spark was Pilbara Minerals (ASX:PLS)  with its announcement that t...

As an uncorrelated asset – value not tied to larger fluctuations in the traditional markets — gold has had “its lunch cut a bit” by crypto, PCF Capital’s Liam Twigger says. “There is an article in the last Economist asking, ‘what happens if...

Strong consumer buying and modest institutional investment helped create gold demand of 955.1 tonnes over Q2 – a 9% rise from Q1 2021, and in line with the equivalent period last year. While both consumers and retail investors were purchasi...

It took a full five years for electric vehicle sales to reach 1 million in 2015. Since then, things have gone exponential. In 2021, we are hitting those numbers in weeks and months, not years. In China about 235,000 plug-ins were sold in Ju...

WA nickel explorer Ardea Resources says results of recent geophysical surveys at the Emu Lake nickel sulphide prospect at its Kalpini project about 70km north-east of Kalgoorlie point to the presence of an 80m-long conductive body that now...

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel and vanadium.   Only four battery gigafactories — super-sized producers of lithium-ion battery cells — were being planned in 20...

It is no longer just lip service — to create max value for shareholders, miners know they need good Environmental, Social and Governance (ESG) credentials. Failing to maintain good relationships with stakeholders (like governments, local co...

Gold had its worst month since November 2016 in June, down 7% to $US1,779/oz. Mining and exploration stocks have followed suit. This bearish trend creates a buying opportunity, experts say. Boutique investment advisory firm head Frank Holme...

ASX Capital Raise Roundup is a weekly look at ASX capital raisings. As we roll the clocks forward into Financial Year 2022 many of us start fresh, make our fiscal new year resolutions and watch for markets to also cooperate in our renewed e...

The Ardea Resources Ltd (ASX: ARL) share price is racing higher during late afternoon trade. This comes after the minerals mining company provided an update on its recent capital raise. At the time of writing, Ardea shares are up 6.54% to...

Ardea Resources has served up a series of impressive gold hits at Goongarrie, 70km north-west of Kalgoorlie, where it has tenements covering 65km of strike along the key regional gold structure, the Bardoc Tectonic Zone.

The market giveth and the market taketh. Truer words have never been spoken with gold prices diving nearly US$100 in less than a day after the US Federal Reserve signalled higher inflation and that interest rates could rise twice by 2023. G...

Ardea Resources has unveiled a new mineral resource estimate for the Highway deposit within its Kalgoorlie nickel project area. It now stands at 92 million tonnes grading 0.69 per cent for 633,000 tonnes of contained nickel using a 0.5 per...

Our High Voltage column wraps all the news driving ASX battery metals stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, and vanadium.   The structural shift from fossil fuels to green energy is all but locked in. Now t...

Gold is re-starting its bull rally as two major obstacles — higher US Treasury yields and Bitcoin — fizzle. “Strong headwinds from parabolic Bitcoin and rising bond yields appear to have run their course,” Bloomberg Intelligence senior comm...

Ardea Resources looks to be on target with its drilling at Emu Lake, north east of Kalgoorlie in WA, with recently drilling intersecting high-grade nickel sulphides including 4.8 metres at 1.44 per cent nickel, which takes in 1.1m at a stun...

Ardea Resources has expanded its gold tenure around its Kalgoorlie Nickel Project in WA’s eastern goldfields as it looks to spin out the regional gold assets via a new initial public offering entity to be called Kalgoorlie Gold Mining.

Gold’s rally ran out of puff this week, with the precious metal dropping about 2% below ~$1US1,870/oz at Thursday close. Kitco’s Jim Wyckoff calls it “routine profit taking”. “Importantly, the price uptrend in gold on the daily chart remain...

Australia has just 3.4% of the world’s rare earth element (REE) resources but is the fourth largest producer in the world, with other minerals also posing significant future potential for the country. And that is just from one mine, Mt Weld...

The price difference between electric vehicles and their conventional petrol/diesel peers – a key obstacle to widespread EV adoption – is closing at an accelerated rate. Affordability = more EVs on the roads = more demand for battery metals...

Ardea Resources has initiated vital feasibility study work for its Kalgoorlie Nickel Project, appointing key consultants to supervise its new study and launching into a barrage of test work, as it looks to position to supply nickel-cobalt...

Over the past two months the gold price has turned a corner, up ~12.7% to a high of $US1898/oz. That’s a four month high, erasing almost all of 2021’s losses. The share prices of local gold stocks have responded in kind. Over the past month...

Ardea Resources has again struck gold at Goongarrie in WA, with drilling at the company’s Lady Charlotte discovery returning wide intercepts of high-grade mineralisation including 12 metres at 5.2 grams per tonne gold from only 42m down-hol...

Australia’s premier research institution, CSIRO has delivered a key report on Ardea Resources Goongarrie project in Western Australia’s gold and nickel rich Eastern Goldfields. The report marking completion of CSIRO’s collaborative study wi...

Summary TheASX 200 trades lower by 3.60 points at 7026.70 by the afternoon, paring early gains. Retain giant Kogan.com, up over 6%, was the best performer in the benchmark index, while EML Payments was the top loser with a near-4% fall...

Ardea Resources is set to drill two nickel sulphide targets between Kalgoorlie and Menzies in WA’s eastern goldfields. The drilling at Highway and Black Range will test coincident IP chargeability and geochemical anomalies.

Are large Bitcoin investors moving back into precious metals? In a note to clients, JPMorgan said large institutional investors are dumping bitcoin in favour of gold, reversing a trend that’s played out over the last two quarters. “The bitc...

The recovery in the gold price from its early March lows — ~$1,670s to over $1,825 currently — was mostly driven by the decline in real interest rates and, more recently a poor US jobs report and increasing inflation. US core inflation in A...

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, and vanadium. With some 85 per cent of the world’s cobalt originating from jurisdictions with higher levels of co...

“When you stop growing you start dying,” is a saying the ASX’s largest gold miners have apparently taken to heart. While hopefully remaining cognisant of the expensive, value-destroying deals which occurred when gold last peaked in the 2010...

Ardea Resources’ regional exploration program looks to be delivering in spades, with drilling at its Emu Lake prospect north-east of Kalgoorlie intersecting 1.75 metres of the nickel-rich sulphides in a text-book position along the basal co...

Ardea Resources looks to be quietly amassing a sizeable nickel sulphide target in WA’s Black Range. The company recently completed geophysical surveying across the metal-rich Ora Banda Sill, defining a broad induced-polarisation anomaly aro...

Source: Evgeny Zhumarinov, Shutterstock Summary Chalice Mining Limited (ASX:CHN) is ready to acquire four new properties at Julimar in WA. The current acquisition is followed by the acquisition of three properties in November 2020, an...

The gold price traditionally thrives on geopolitical drama. Heightened tensions in eastern Ukraine, the recent incident at an Iranian nuclear site, and news of an unofficial US delegation visiting Taiwan are recent reminders that 2021 will...

Gold continues to trend upwards on the back of US dollar’s ongoing weakness and concerns about inflation, so it’s unsurprising that the majority of gold plays on our watchlist have marked gains this week. The previous metal is currently tra...

Active restocking by battery manufacturers has sent prices of battery-grade lithium chemicals soaring thanks to tight supplies. Fastmarkets noted that domestic Chinese lithium hydroxide prices climbed 4.1 per cent in a week to between 73,00...

The gold price may have languished slightly in 2021, but the number of gold IPOs certainly has not. Here’s what the newest ASX gold explorers are doing, where they are doing it, and why investors should care.   KINCORA COPPER (ASX:KCC) The...

ASX-listed explorer, Ardea Resources has commenced drill-testing a strong DHEM conductor that may be harbouring nickel sulphide mineralisation in the Goldfields. The 450-metre hole is positioned just 50m away from recent drilling that retur...

Wall Street subdued, as bank stocks feel the heat Dow Jones rose slightly by 0.3%, while S&P 500 and NASDAQ fell by 0.09% and 0.6% respectively. Banks stocks were the main casualties, as Nomura and Credit Suisse both said they were faci...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest movers – the winners and losers alike. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday t...

By 2030, UBS predicts we’ll need a lot of manganese, lithium, cobalt, rare earths, nickel and copper if car makers are to hit some very ambitious production targets. They estimate EV penetration increasing from 4 per cent currently to 20 pe...

Strange to think that it is a year since the world was turned upside down when the World Health Organisation declared COVID-19 a worldwide pandemic in mid-March 2020. In the week that followed the price of gold tumbled nearly $US200 to $US1...

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths and vanadium.   Fun fact: There have been a dozen +11-bagger ASX battery metal stocks over the past 12 months. The...