Articles On Hot Chili (ASX:HCH)

War gossip/news remains the main driver of gold prices. The precious metal is having one of those volatile weeks where unless they timed their entry and exit perfectly, investors probably had a tough time whether long or short, says OANDA s...

A good week for gold, which is up 1.04% to ~$US1,940/oz at time of writing. History shows us war doesn’t usually trigger an extended rally, but news flow – or lack thereof – coming out of Ukraine continues to be the biggest influence on the...

Hot Chili has backed up an investment by international commodities house Glencore with an offtake deal to take 60 per cent of the copper concentrate from Hot Chili’s Costa Fuego copper-gold project in Chile.

The ASX Emerging Companies index (XEC) is up more than 1.5% on Thursday, while the benchmark ASX 200 is higher as well. Local investors are totally unconcerned by weak US futures when commodity prices behave like incensed lemmings. The alre...

Hot Chili and swiss-based resource company Glencore enter into an offtake agreement for future copper concentrate production at the Costa Fuego Project in Chile. This offtake agreement covers 60% of copper concentrate from Costa Fuego for...

The Hot Chili Ltd (ASX: HCH) share price is soaring after the miner announced an offtake agreement for its Chilean copper site. Hot Chili is an ASX-listed copper exploration and development company operating in Chile’s Atacama Region. At...

Hot Chili (HCH) signs a new offtake agreement for its Costa Fuego copper-gold project in Chile with leading global commodity producer and marketer Glencore The Glencore offtake deal covers 60 per cent of Costa Fuego’s copper concentrate fo...

Hot Chili has appointed Dr Nicole Adshead-Bell as non-executive chairman bringing to the table 25 years of experience in capital markets and the resources sector following her election to the Board in January.

Hot Chili enters a new growth-phase with experienced mining and global capital markets leader Dr Nicole Adshead-Bell accepting an offer as the board’s new chair. Dr Adshead-Bell, who joined the company as a non-executive director in January...

Soaring mountain vistas, thick jungles and a mineral endowment rivalling any around the world. These are all traits shared by countries in Latin America that have the Andes – the world’s longest continental mountain range – running through...

Investors generally buy gold as a way of diversifying risk when s..t hits the proverbial fan. That’s why the precious metal appears to perform well in times of war or political instability. Conversely, stocks and bonds perform best in a sta...

Last year, the price of copper rose 33%, but that was just the entree. Goldman Sachs reckons the red metal will hit a record US$12,000/t over the next month, up from ~$US9,700/t currently. That’s uncomfortably bullish, but even the more mil...

ASX-listed copper explorer Hot Chili has wrapped up drilling at its Cortadera copper-gold porphyry discovery ahead of an imminent resource upgrade for its fast-tracked Chilean project.

Hot Chili Limited (HCH) shares final drill results from its Costa Fuego copper-gold project in Chile Results have returned several significant wide copper intersections from drilling that was undertaken on the Cuerpo 2 and Cuerpo 3, partic...

Alas. After teasing gold bugs with a push through $1,840/oz over the past week, we are now back below ~$US1,800/oz. Gold stocks can’t seem to catch a break. What gives? I don’t get it. PM miners didn’t even get the windfall of the market w...

Copper developer Hot Chili has entered into negotiations for a port access and services deal at the Chilean port of Huasco. A deal on port access is vital to Costa Fuego, the company’s massive copper project.

Hot Chilli (HCH) commences negotiations for the final critical infrastructure item required for its Costa Fuego copper development hub in Chile’s Atacama region The company signed a letter of intent (LOI) with Puerto Las Losas SA (PLL) to...

Global silver demand hit ~1.02 billion ounces in 2021, the first time it has breached 1 billion since 2015, according to the Silver Institute. Of that, industrial demand hit a new high of 524 million ounces. And of that, photovoltaic (solar...

Copper developer Hot Chili continues to pump out some stellar drill results from its Cortadera copper-gold porphyry deposit in Chile as the company continues to expand its shallow resources.

The ASX edged higher in a fairly directionless session in Thursday trade, after US markets comfortably digested the latest round of inflation data overnight. The iron ore majors led the way with strong demand across the board, with more mut...

Three months of results, where drilling focused on expanding any remaining open flanks on each of Cortadera’s three porphyries, are being analysed with more high-grade updates hotly anticipated. Hot Chili’s Cortadera copper-gold discovery j...

Hot Chili (HCH) has released gold and copper assays for its Chilean based Cortadera mine following 46,000-metre drill series from last year Results include 156 metres at 0.4 per cent copper and 0.1g/t from surface, including 32 metres grad...

ASX-listed South America copper explorer, Hot Chili is now a dual listed company after its shares commenced trading on the Canadian TSXV this week having raised C$30 million in the North American market.

Hot Chili (HCH) appoints Dr Nicole Adshead-Bell as a Canadian Director following its successful dual-listing on the TSX Venture Exchange Dr Adshead-Bell is a geologist with a thorough understanding of the mining industry and is currently N...

Gold is holding steady above US$1,800/oz – currently trading at US$1816.60. Some players are confident the gold market will trend net positive next year as the market digests the reality of the past 24 months. But commodity analysts at J.P....

With gold spending most of the past week hovering around the US$1,800/oz (A$2,485/oz) mark, speculation has turned away from whether the precious metal can hold its gains to asking if it can test hit the US$1,850/oz mark. Gold is currently...

Hot Chili Limited (HCH) closed its Canadian initial public offering and the issue of 21.6 million shares has been completed for CA$33.4 million (A$36 million) An aggregate of 21,567,286 units of Hot Chilli were distributed at a price of CA...

The final prospectus also includes the CAD$30m public offering where major shareholder, Glencore led the excitement. Hot Chili says the final prospectus backing its mission to dual list on Canada’s TSX Venture Exchange is already in the pos...

Hot Chili (HCH) announces the final prospectus has been filed as part of its application to list on the TSX Venture Exchange (TSXV) The copper-gold developer says this marks an important step in progressing its position as a dual-lister as...

Copper is surging, and the majors are out in force looking to shore up resources and take advantage of the market. But uncertainty remains around where supply will come from. The copper price has more than doubled since April last year and...

Hot Chili has secured C$30 million from institutional investors and shareholders to develop its Costa Fuego copper project in Chile as the company prepares for its listing on the Toronto Stock Exchange.

It’s been fairly choppy for precious metals this year, with economic recovery, rising nominal yields and the potential for rate hikes dampening investors’ appetite for gold. But on the flip side, new virus variants, fears of stagflation and...

Underwriters and investors including major shareholders such as Glencore have demonstrated their support for Hot Chili by backing a C$30m ($33m) placement. The placement, which is priced at C$1.55 a share and includes one free attaching war...

Some of Hot Chili’s (HCH) largest investors have supported its CAD$30 million (A$33 million) placement, contingent on dual-listing on the TSX The company is offering shares at CAD$1.55 each (A$1.71) Funds will be used to upgrade the Cortad...

After trading down for most of the day, the ASX ultimately closed higher despite a big sell off in tech. The ASX 200 closed at 7,245 points which was 0.05% higher than Friday. Tech retreated 2.2% over inflation fears but gains of over 1.9%...

The ASX closed the fourth last week before Christmas up for the day, but once again down for the week. The ASX 200 closed 0.22% higher at 7,241 but down 0.52% for the week – the fourth straight week it has finished down. Energy was the top...

US Fed chair Jerome Powell finally admitted that inflationary pressures weren’t going to be as sh­­ort-lived as perhaps expected. Earlier this week Powell surprised markets by suggesting it would be appropriate to drop the phrase “inflation...

You might have noticed that the Hot Chili Ltd (ASX: HCH) share price was burning hot last week — or was it? Market watchers saw the copper developer’s share price seemingly surge a massive 4,455.5% last Friday. It increased from 4.5 cents...

Following a 7.6% surge from late September, the price of gold briefly hit five-month highs of ~$US1,872/oz on fears that current high inflation levels are more than ‘transitional’. Gold is an ‘inflation hedge’; an investment that ostensibly...

Following a 7.6% surge from late September, the price of gold is now sitting ~$US1,860/oz for the first time since June. The Aussie price is looking even better, which is great news for our local producers: USD (dark) and AUD (light) gold p...

Growing concerns about inflation could send gold prices soaring back above the US$2,000 ($2,746) an ounce mark it last reached back in 2020. Prices of the precious metal have already been rising steadily over the past fortnight, up some 3.7...

Commodity prices rebounded hard in 2021, and the metals and mining sector benefitted. That trend looks set to continue into next year, according to S&P Global’s  The Big Picture: 2022 Metals and Mining Industry Outlook report. Rising d...

A global carbon taxation regime could slash gold miner profit margins by up to 45% unless an effort is made to reduce greenhouse gas emissions, Metals Focus says. Some countries, such as Canada and Sweden, already impose carbon taxes and th...

Hot Chili (HCH) will soon carry out another capital raise as part of its planned dual listing in Canada on the TSX-V HCH recently raised $40 million in capital, with support of mining giant Glencore, to buy all of the Cortadera copper-gold...

The gold price may be in a holding pattern at ~$US1,800/oz, but Aussie gold miners continue to throw piles of cash at acquisitions and new developments. Westgold (ASX:WGX) looks increasingly likely  to hoover up struggling producer Gascoyne...

Gold stocks are cheap, experts keep saying. Well-known analyst Jesse Felder has now demonstrated the “pathetic performance” of the US gold majors in handy chart form. The US listed BANG stocks (Felder’s play on FANG) include gold giants Bar...

The +9Moz, ~350,000ozpa ‘Kyuchus’ field will be one of Russia’s biggest gold mining projects. Kyuchus was first discovered in 1963, but its isolation in the harsh Arctic climate of the Yakutia region has, so far, stymied numerous developmen...

Investors want to see gold miners wisely grow their production profile. Not like miners did during the last cycle, when some irrational, highly priced M&A action destroyed significant wealth. The big gold miners have a “lousy recent his...

Hot Chili continues to unravel the geological secrets at its 100 per cent owned Cortadera copper-gold deposit in Chile after it tabled a bumper 610m intercept at 0.5 per cent copper-equivalent which includes a high-grade 138m core going 0.8...

There is a lot of uncertainty in the market due to tensions in China, rising interest rates and continuing economic recovery of the global COVID-19 pandemic, with investors fleeing for safe havens to park their cash in. Safe havens like gol...