Tag Archives: S&P/ASX 300 Metals and Mining

Beadell Resources Limited

Recently, Beadell Resources Limited (ASX: BDR) has announced the results of a Feasibility Study (FS) on a plant upgrade project, incorporating the addition of a 6MW ball mill, a high-rate thickener, another leach tank and an oxygen sparging system (Project) at its 100% owned Tucano gold mine (Tucano) in northern Brazil. The throughput will be maintained at 3.6 million tons

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Should you buy BHP?

The BHP Board has elected Ken MacKenzie to succeed Jac Nasser as Chairman. Mr. MacKenzie will assume the role of Chairman effective 1 September 2017, following Mr. Nasser’s retirement as both Chairman and a Non-Executive Director. The appointment follows a formal Chairman succession process led by Senior Independent Director, Shriti Vadera. Mr. MacKenzie joined the BHP Board as a Non-Executive

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Independence Group NL (IGO or the Company)

Independence Group NL (IGO or the Company) (ASX: IGO) advises it has entered into an agreement to sell its Stockman Cu-Zn Project in north-east Victoria (Stockman Project) for a consideration of A$47.2 million, comprising A$32.2 million in cash payments1 and a 1.5% net smelter return (NSR) royalty with a provisional value of up to A$15 million2, which then converts to

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Western Areas Ltd Significant increase in Odysseus high grade nickel resources

Significant increase in Odysseus high grade nickel resources: Western Areas Ltd (ASX: WSA) has announced that the company has trebled the defined high grade Massive Sulphide Mineral Resource at its Cosmos Odysseus Project. Key highlights from the latest mineral resource update include 311% increase in the Total Massive Sulphide resource to 22,838 nickel tons grading 8.4% Ni, which now includes

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Two stocks which did really well – Western Areas Ltd & Independence Group NL

Significant increase in Odysseus high grade nickel resources: Western Areas Ltd (ASX: WSA) has announced that the company has trebled the defined high grade Massive Sulphide Mineral Resource at its Cosmos Odysseus Project. Key highlights from the latest mineral resource update include 311% increase in the Total Massive Sulphide resource to 22,838 nickel tons grading 8.4% Ni, which now includes

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One iron ore stock to sell – Fortescue Metals Group Limited

Successfully completed fund raising: Fortescue Metals Group Limited (ASX: FMG) has recently finished an offering of senior unsecured notes. The offering was initially launched at US$1,000 million; and based on investors’ demand, the offering was upsized to US$1,500 million. For March 2017 quarter, FMG reported shipments of 39.6mt of iron ore with 12% improvement in cash production costs (C1) of

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Galaxy Resources – Lithium concentrate below contractual levels

Galaxy Resources Limited (ASX: GXY) announced the first shipment (13,815 wet metric tons) of lithium concentrate from its Mt Cattlin mine under 2017 contract terms. The Mt Cattlin operations plant utilization continues to improve with the last 30 days’ concentrate production averaging 440dmt per day, which equates to an annualized production of more than 160,000tpa. However, the mica content of

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