Resources Rising Stars, the national events division of investor relations consultancy Read Corporate, is taking its one-day mining conference to Adelaide on 4 April for a weekend of Aussie Rules football, resources investment and fine wine. <\/p>\n
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With more investor registrations flowing in, Resources Rising Stars (RRS) \u2018Gather Round\u2019 event at the National Wine Centre is set to showcase 26 junior, mid-tier and large cap companies presenting insights into their flagship projects and upcoming plans.<\/p>\n
A panel of high-profile speakers \u2013 including AFL legend Chris Judd, Lion Selection Group\u2019s Hedley Widdup, Bell Direct market analyst Grady Wulff and Acorn Capital senior analyst Karina Bader \u2013 will discuss the industry\u2019s latest trends and outlooks for the short-to-medium term, providing retail investors with up-to-date information on new growth avenues and hot stock picks.<\/p>\n
Coinciding with the AFL\u2019s Gather Round four-day festival of footy, the one-day mining convention is anticipated to draw in large crowds off the back of a widespread uptick in market sentiment, as copper prices spike to 11-month highs.<\/p>\n
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There\u2019re a few green shoots keeping investors interested, Read Corporate managing director and RRS organiser Nicholas Read says, with gold prices remaining steady and signs of the lithium market bottoming out.<\/p>\n
\u201cWe\u2019ve been on the road a couple of times this year already, and we\u2019ve seen a positive uplift and great response from investors,\u201d he says.<\/p>\n
\u201cIn fact, we did a lunch series a couple weeks back over east in Brisbane, Sydney and Melbourne and we were chocka block, we didn\u2019t have a spare seat in the house.<\/p>\n
\u201cThere seems to be a lot more interest and I think it\u2019s helped by what\u2019s happening in the copper space over the last few days.\u201d<\/p>\n
While the event marks Read Corporate\u2019s first in Adelaide, the South Australian state has a proud history of mining that dates to 1840 with the discovery of silver-lead ore at Mount Osmond in the Adelaide foothills.<\/p>\n
Now a global copper producer, host to almost 70pc of Australia\u2019s copper resources, the resources sector continues to be a pillar of South Australia\u2019s economy, contributing $7bn in exports in 2023.<\/p>\n
\u201cIt is ironic that we haven\u2019t held an event in Adelaide before because it is a mining state, but a lot of these companies tend to bypass it, focusing on business in Melbourne or Sydney,\u201d Read says.<\/p>\n
\u201cWe\u2019ve taken a long-term view of the conference in the hope that it will become a regular fixture in the mining investment calendar, so Adelaide gets its opportunity as well.<\/p>\n
\u201cThe idea of linking it to Gather Round was a logical way to attract the South Australian market because it was such a success last year, it brings many people from interstate with every team there for the weekend.<\/p>\n
\u201cLike our Gold Coast event, we are aiming to build RRS Gather Round from the ground up with the support of local investors, share clubs, the shareholders\u2019 association, companies and industry groups,\u201d he says.<\/p>\n
\u201cWe are also grateful for the continued support of our RRS event partner, Bell Direct.\u201d<\/p>\n
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Kicking the proceedings off will be one of the owners of Australia\u2019s only three operating uranium mines, Boss Energy (ASX:BOE).<\/a><\/p>\n The $2bn capped company is expecting to produce its first drum of yellowcake this quarter from the Honeymoon uranium mine, which has been kicked into action for the first time since it was closed by previous owner UraniumOne in 2013.<\/p>\n Boss MD Duncan Craib, who has become one of the top cheerleaders for Australia\u2019s uranium industry, has left much of its planned product uncontracted, anticipating the sharp rise in spot prices we have seen in recent months.<\/p>\n The project is now running around the clock, seven days a week, with the soon-to-be-producer flagging the potential to ramp up output to over 3Mlbpa.<\/p>\n Uranium junior Alligator Energy (ASX:AGE)<\/a> is another presentation not to be missed, with its Samphire ISR project near Whyalla catching investors\u2019 attention over the last few months.<\/p>\n Samphire was the subject of a scoping study released in 2023 that scoped a 1 million pounds a year project (Boss is bigger at 2.45M\/lb annually) with an all-in sustaining cost estimate of $US30.20\/lb.<\/p>\n Alligator is now working on project enhancements, most notably the potential to start out at higher rate of 1.2M\/lbs annually which would have a dramatic impact on things like the internal rate of return and net present value metrics presented in the scoping study.<\/p>\n Tim Goyder\u2019s DevEx Resources (ASX:DEV)<\/a> has also just joined the speaker lineup, with MD Brendan Bradley to update investors on the company\u2019s high-grade uranium exploration campaign at its flagship Nabarlek Project \u2013 where it has been delivering numerous standout results.<\/p>\n \u00a0<\/p>\n In the gold space, Bellevue Gold (ASX:BGL<\/a>) \u2013 owners of WA\u2019s newest gold mine \u2013 will take centre stage, as well as IPO stock Capella Metals.<\/p>\n Bellevue is on track to hit guidance for the second half of FY24 of 75,000-85,000oz, and while it hasn\u2019t revealed its production costs yet, is expected to hit commercial production sometime in the June quarter.<\/p>\n Monthly production in February came in at over 13,000oz and at grades of 5.2g\/t.<\/p>\n Meanwhile, Capella Metals is targeting proven copper, base metals and uranium prospectivity at the Surprise project \u2013 historically mined to depth of only 40m \u2013 across its 2,020km2 of prime tenure in Queensland\u2019s prolific Mt Isa region.<\/p>\n The company plans to go deeper underground to test the multiple walk-up RC drill targets once it lists on the ASX in April under the code \u2018CAP\u2019.<\/p>\n \u00a0<\/p>\n The Resources Rising Stars Gather round event will take place in Adelaide on Thursday 4 April from 8.30am to 5pm at the National Wine Centre.<\/p>\n Attendance is free, but registration is essential.<\/strong><\/p>\n Visit\u00a0<\/strong>www.resourcesrisingstars.com.au<\/strong><\/a>\/events\u00a0to sign up for the event, or find details on how to watch the presentations online.<\/strong><\/p>\n Attendees are also invited to purchase tickets to attend the \u2018Winemakers & Minemakers Long Lunch\u2019 at the Yalumba Vineyard in the Barossa Valley on Friday 5 April.<\/p>\n <\/span><\/p>\n The post Join the big wigs in Adelaide for Resources Rising Star\u2019s inaugural Gather Round investor conference<\/a> appeared first on Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Gold, copper stocks <\/strong><\/h2>\n
Event details<\/strong><\/h2>\n