Gold miners are enjoying a surge on the ASX this week, with the likes of Westgold Resources, Genesis Minerals and Ramelius Resources all trading higher. We take a look behind the curtain at the key factors driving this.
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MinRes buys iron ore ground
Mineral Resources (MinRes) is buying up iron ore ground in the Goldfields region of WA to buttress existing operations.
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Hemi: The Pilbara’s next big gold mine
De Grey Mining continues to solidify what is set to be the next big gold asset in the Pilbara region of WA.
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Queensland’s next copper mine
True North Copper will raise $15 million to fund the restart of the Great Australia mine in Cloncurry, Queensland.
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Australian mining sector ‘facing a moment of truth’: BHP
While Australia has positioned itself as the world’s leading mining exporter, there are several other countries emerging as premier mining destinations.
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‘Volatility’ expected in lithium market: Allkem
Lithium prices may be on the downward trend, but soon-to-be-merged lithium producer Allkem isn’t reading into it too much, suggesting “volatility is common symptom of high-growth markets in their infancy”.
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‘Phenomenal’ copper near Mt Isa
True North Copper has expanded its copper footprint near Mt Isa with what the producer described as ‘phenomenal’ assay results.
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The shovel-ready lithium project backed by MinRes and Hancock
Delta Lithium will raise $70 million to pursue critical milestones at its shovel-ready Mt Ida lithium project.
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Neometals joins in on lithium party
Neometals has dug through historical nickel assays to discover the potential for lithium mineralisation at its Spargos project.
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Fortescue expands WA footprint
Having recently shelved its Uaroo renewable energy hub, Fortescue is exploring another avenue for its decarbonisation plans.
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