The miners have been robust throughout the crisis and the ‘handmaidens’ to the sector should be as well – in theory at least So far at least, the leading resources stocks have been a shining headlamp of hope down the dark and deep pit of the COVID-19 crisis. The crucial iron ore sector has barely
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Political risk is often a key consideration for investing in Africa and the Middle East but shareholders of Petsec Energy (ASX: PSA) will be concerned from news that the company has had US $1.68m siphoned out of their bank account and learning that the Houthi rebel group in Yemen are likely to have been involved.
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It’s been a long period of dormancy for the uranium market following the 2011 Fukushima disaster which has seen an industry slowdown, with many smaller uranium companies shutting down. However, one which has not, Boss Resources (ASX: BOE) – is preparing to re-start operation. There’s just one problem – they need the price of uranium
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With gold prices still sitting at lofty heights, Theta Gold Mines (ASX: TGM) has taken a major step forward in their South African gold operations with the AUD $550,000 purchase of a ball mill. The secondhand mill was previously used by Glencore with independent expectations confirming the mill to be in excellent condition. The purchase
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Operating on the ASX with a market capitalisation hovering just above AU $1 million yesterday, microcap explorer Castle Minerals (ASX: CDT) has doubled their share price following the announcement of a US $11.7 million farm-out agreement at their wholly owned projects in Ghana. The agreement with private Ghana-based company Iguana Resources will provide Iguana with
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