Articles On Conico (ASX:CNJ)

The ASX 200 rose 0.41% to close at 7,535 while the ASX Emerging Companies Index gained another 1.36% to close at 2,362 points. All sectors were in the green except energy and utilities which lost 1.44% and 1.19%. The best performing sectors...

Hot Money Monday is typically the domain of ASX small caps, but this week saw plenty of larger companies near the top end of the list as investors responded to some reporting season surprises. Each week, Stockhead recaps ASX stocks that are...

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...

V-Con is Stockhead’s investing focused video conference series, bringing you expert insights, panel discussions and presentations from leading analysts, listed small caps and industry players. This latest video conference focuses on base me...

“The find at Sortekap is significant, we are seeing multiple styles of mineralisation all in one drill-hole,” says CEO.

Conico has hit an impressive 70m of magnetite in its first hole at Sortekap and racked up more sulphide intercepts at the Ryberg project in Greenland. Additionally, its recently completed regional airborne geophysical survey has revealed a...

Conico’s first hole at the Sortekap prospect in Greenland has provided encouragement while piquing its interest after returning multiple styles of mineralisation. The collar of the hole was located on serpentinised ultramafic rock, transiti...

ASX-listed Conico has notched up a second successive round of sulphide hits at the Ryberg project in Greenland. The company believes the mineralised system is likely to be ‘fertile’ at depth and is steaming ahead with drilling and regional...

While COVID-19 continues to wreck havoc across NSW, the ASX remained in a state of zen on Wednesday, as local stocks eased to new record highs. The ASX 200 finished around 0.3% higher to close at 7,584, outpaced by the microcap Emerging Com...

While COVID-19 continues to wreck havoc across NSW, the ASX remained in a state of zen on Wednesday, as local stocks eased to new record highs. The ASX 200 finished around 0.3% higher to close at 7,584, outpaced by the microcap Emerging Com...

Six out of six drill holes at the exciting Miki discovery – part of the Ryberg project in Greenland — have now intersected sulphides. Conico believes this emerging system is likely “fertile” at depth. In July, Conico (ASX:CNJ) surged after...

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...

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...

What happened to the most talked about commodities in July? Gold bounced back from recent lows to record a solid 2.54% gain (that’s +4.12% in Aussie dollar terms). The base metals suite – aluminium, copper, lead, nickel, tin and zinc – all...

The ASX had another positive day but, unlike yesterday, held momentum to close at an all time high. The ASX 200 closed at 7,511 points which was an 0.11% gain although the ASX Emerging Companies Index fell 0.63% to 2,226 points. The top sec...

Despite much of Australia spending some or all of July in lockdown, the ASX 200 rose 1.7% and the top 50 winners all gained 45% or more. And that wasn’t the only joy during the month. Our Olympians are doing us proud bringing home 33 medals...

Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relative Strength Index (RSI). The RSI is a technical gauge which measures how trading momentum is affecting the price action. A reading of 70 is seen as the le...

ASX-listed Conico Limited has hit more sulphides as its drilling campaign continues at the Ryberg project in Greenland. Matrix sulphide mineralisation was intersected over 2.9 metres from 96.8 metres downhole and the two new holes have now...

Resources and tech stocks led the ASX back into positive territory Thursday. After a drop yesterday, led by tech, the bourse rebounded with the ASX 200 closing 0.52% higher. Resources led gaining 1.51% and tech gaining 2.6%. The only sector...

The ASX tech sector succumbed to the latest selloff in tech equities globally. dragging the rest of the bourse down with it. The ASX 200 retreated 0.7% to close at 7,379 points while the ASX Emerging Companies Index lost 1.06%, closing at 2...

ASX-listed Conico Limited saw its share price double in intra-day trading this week after the first drill hole at its 100 per cent owned Ryberg base and precious metals project in Greenland hit a 54.88m interval of significant sulphide mine...

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...

The Conico Ltd (ASX: CNJ) share price is one of the best ASX performers today. This comes after the mineral exploration company announced preliminary results from its first-ever drill-hole at the Ryberg Project. Conico shares were up 67.5%...

Magmatic sulphide hits in its first drillhole in far off Greenland saw minnow Conico share's rise more than 80% thanks to visual suggestions of nickel ...

The ASX clawed back initial gains to start the week, closing virtually flat today. The ASX 200 closed at 7,394 which was neck and neck with the point it closed at on Friday despite gaining as much as 0.3% in early trade. Meanwhile, the ASX...

Conico is off to a promising start at its Ryberg project in Greenland with its first-ever hole intersecting sulphide mineralisation over a 54.88m zone from 78.24m. Sulphides are present in semi-massive, matrix, vein and disseminated forms w...

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...

Drilling to test Conico’s belief that Voisey Bay/Norilsk style mineralisation is present at its Ryberg project in Greenland is poised to begin shortly. This follows the mobilisation of three drill rigs, geophysical equipment and personnel...

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...

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...

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...

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...

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....

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 ASX finished up today and every sector gained…except resources. The ASX 200 gained 0.44 per cent to close at 7,064 points, which is 74 points short of its pre-pandemic record high. The ASX Emerging Companies Index on the other hand lost...

Conico could soon test its theory that Nova-Bollinger style mineralisation is present at its Ryberg project after securing Greenland approval for field activities. With full approval for all activities at the Ryberg and Mestersvig projects...

Europe’s electric vehicle boom continues apace with hybrids, plug-in hybrids and battery EVs taking a combined 32.2% market share in the March quarter. The global EV trailblazer saw first quarter new battery electric vehicle (BEVs) registra...

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 Scr...

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 ASX rose for the fifth day in a row with resources leading the charge. The ASX 200 gained 1.02 per cent closing at 6,999 points while the ASX Emerging Companies Index rose by 0.63 per cent to 2,059. All sectors were in the green but res...

The ASX closed upwards again and all sectors were in the green. The ASX 200 rose 0.61 per cent to 6,928 points and the ASX Emerging Companies Index rose 0.52 per cent to 2,046 points. Topping the list of best performing sectors were energy...

Source: katjen, Shutterstock Despite yesterday's gloomy trading session in the Wall Street, the benchmark ASX 200 started well and spiked pace in the initial trading. However it could not hold on to the early gains as it fell steeply durin...

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...

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...

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...

When drills hit the ground at Conico’s Ryberg magmatic sulphide project on the east coast of Greenland in June, it will be a milestone 13 years in the making. It was 2008 when Conico (ASX:CNJ) chief executive officer Thomas Abraham-James f...

2021 is set to be another big year for ASX capital raisings with solid volumes so far in 2021. In the first nine weeks of the new year, ASX companies have raised over $1.96 billion. Although this is lower than the $3 billion raised in the f...

Funds raised through the placement and rights issues will be used to fund exploration activities in Greenland.

The company has completed all field activities at the Ryberg and Mestersvig Projects with the results anticipated to be received in October/November.

The capital raising wave shows no sign of crashing with August’s total coming in at $4.7bn. Once again resources companies raised more than any other sector — $163m of the $296m raised by companies with market capitalisations below $100m. F...