Category: Finance
‘Unwavering Support’: MGC Pharma secures US$7.9 million from investors as looks to advance US FDA IND applications
MGC Pharmaceuticals secures US$7.9 million in firm commitments in well supported capital raise Funds raised to serve as minimum required funding to support 12-month business [more…]
Wesfarmers inks $45m deal for lithium rights at Davyhurst, where pegmatites trend into Olympio’s Mulwarrie tenure
Wesfarmers purchases 65% of Ora Banda Mining’s Davyhurst lithium rights in a $45m farm-in deal Davyhurst is adjacent to Olympio’s Mulwarrie lithium project, which is [more…]
In the Shadow of the Mountain: Locksley on a quest for rare earths next to the USA’s only producing mine
LKY gears up to drill new Mojave rare earths (REE) project in the Mojave Desert, US The project is next door to the US’ only [more…]
Market Highlights: Stocks rally as Fed holds rates, Money Block tips for women, and 5 ASX small caps to watch
ASX to open higher, tracking Wall Street The US Fed kept its cash rate steady, and traders believe rate hikes are done Money Block tips [more…]
‘Tip of the Iceberg’: Patriot stakes commanding position around one of the biggest, highest grade lithium projects in North America
Patriot Lithium increases ground by 250% to become largest claim holder within Ontario’s ‘Electric Avenue’ New claims adjoin and partially surround Frontier Lithium’s 42Mt PAK-Spark [more…]
West Wits’ Qala Shallows gold mine to be developed ‘in one of the most favourable price environments in recent history’
West Wits raises $1.2m through placement priced at 1.1c per share to sophisticated and professional investors Proceeds will be used for installation of utility and [more…]
Two mine-ready gold projects? New joint venture could make Native Mineral Resources a producer within two years
NMR has agreed to purchase interests in two near-term gold projects in QLD A JV will be created with Ashby Mining The company is committing [more…]
Guy on Rocks: Missed WA1? Don’t tear your hair out – here’s a cheap new neighbour
‘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 [more…]
Sub-par supply is driving magnetite prices up. Which ASX small caps are killing it with their iron game?
High-grade magnetite is intrinsic to our clean energy transition The material is key to lowering CO2 levels at the industrial level Cyclone Metals has the [more…]
Up, Up, Down, Down: War stirs gold rally as uranium hits a new 15-year high
War is in fact good for gold prices, but how long will October’s safe haven bump last? Uranium prices hit new 15-year high as the [more…]