On Stockhead today, five reasons why the new mining boom can keep booming, African graphite’s time has come, and what does BP’s rumoured hydrogen move actually mean?

But first, the day ahead.

Today, the Housing Industry Association (HIA) is scheduled to release data on new home sales for April.

 

TRADING HALTS

The following companies are in trading halts or suspension and are expected out in the next few days:

Step One Clothing Limited (ASX: STP) – results guidance for the year ending 30 June 2022

Talon Energy Ltd (ASX:TPD)  – preliminary drilling results from the Walyering-6 well in the Perth Basin, from the project’s Operator, Strike Energy

Tyranna Resources (ASX:TYL) – proposed capital raising and project acquisition

Broo (ASX:BEE) – company restructure

AVZ Minerals (ASX:AVZ) – an announcement in relation to its mining and exploration rights for the Manono lithium and tin project

Wiluna Mining Corp (ASX:WMC) – capital raising

MARKETS

Gold: $US1,848.24 (-0.22%)

Silver: $US21.29 (-1.23%)

Nickel (3mth): $US28,000/t (+0.7%)

Copper (3mth): $US8,957.50/t (-3.49%)

Lithium Carbonate, China (Benchmark Minerals Intelligence, May 12): $US72,175/t (-3.3% weekly)

Lithium Hydroxide, China (Benchmark Minerals Intelligence, May 12): $US72,775/t (-1.7% weekly)

Oil (WTI): $US103.21 (-2.36%)

Oil (Brent): $US105.22 (-2.15%)

Iron 62pc Fe: $US127 (+3.25%)

AUD/USD: $US0.6875 (-0.98%)

Bitcoin: $US27,640.30(-4.65%)

 

WHAT GOT YOU TALKING YESTERDAY?

A very astute observation from veteran analyst and stock picker Gavin Wendt. Aussie gold miners are sitting pretty.

 

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Also, be sure to check in at 10.20am each day for our daily ‘10 at 10’ column — a live summary of winners & losers at the opening bell.

 

YESTERDAY’S BIGGEST SMALL CAP WINNERS

(Stocks highlighted in yellow rose after making announcements during the trading day).

Scroll or swipe to reveal table. Click headings to sort.

Code Company Last % Volume
CTO Citigold Corp Ltd 0.007 40% 1,508,381
ARE Argonaut Resources 0.004 33% 466,665
AL3 Aml3D 0.078 28% 548,853
CZN Corazon Ltd 0.03 25% 2,454,003
CT1 Constellation Tech 0.006 20% 5,650,000
MWY Midway Ltd 1.03 19% 337,737
CAU Cronos Australia 0.285 19% 49,820
IGN Ignite Ltd 0.165 18% 112,788
BBL Brisbane Broncos 1 18% 16,649
4DX 4Dmedical Limited 0.785 17% 493,002
VAN Vango Mining Ltd 0.049 17% 213,123
OEX Oilex Ltd 0.0035 17% 150,001
TSC Twenty Seven Co. Ltd 0.0035 17% 1,498,757
PHL Propell Holdings Ltd 0.063 17% 217,404
AQS Aquis Ent Ltd 0.16 14% 312,293
RAS Ragusa Minerals Ltd 0.08 14% 447,622
CAG Caperangeltd 0.245 14% 70,300
EM1 Emerge Gaming Ltd 0.017 13% 1,159,286
APS Allup Silica Ltd 0.13 13% 26,633
CI1 Credit Intelligence 0.13 13% 138,468
GIB Gibb River Diamonds 0.061 13% 20,000
NYR Nyrada Inc. 0.175 13% 8,862
ADR Adherium Ltd 0.009 13% 1,138,519
BAT Battery Minerals Ltd 0.009 13% 2,942,766
ERL Empire Resources 0.009 13% 200,000
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Wood fibre stock Midway (ASX:MWY) will sell its existing 17,000 hectare plantation estate in southwest Victoria for $154.1 million.

Also offloading a key asset is Aquis Entertainment (ASX:AQS), which is selling the Canberra casino for $52m. The sale is conditional on Aquis shareholder approval and ACT casino and liquor licensing regulatory approvals.

Vango Mining (ASX:VAN) didn’t make any announcements yesterday, but shares were up circa 18%.

The advanced explorer’s share price, largely stifled by legal issues, has bounced back in big way after scoring $10m via a new strategic investor in early April.

VAN’s main game is the high grade 1Moz ‘Marymia’ project in WA, where it is focused on growing the resource.

 

YESTERDAY’S BIGGEST SMALL CAP LOSERS

(Stocks highlighted in yellow fell after making announcements during the trading day).

Scroll or swipe to reveal table. Click headings to sort.

Code Company Last % Volume
AFW Applyflow Limited 0.001 -50% 29,312,259
HRNR Horizon Gold Ltd - Rights 13-May-22 0.001 -50% 50,000
ANL Amani Gold Ltd 0.001 -33% 29,570,196
KEY KEY Petroleum 0.002 -33% 250,000
T3D 333D Limited 0.002 -33% 22,148,156
VMG VDM Group Limited 0.001 -33% 44,000
X2M X2M Connect Limited 0.1 -26% 210,000
CCE Carnegie Cln Energy 0.0015 -25% 3,641,923
HHI Health House Int Ltd 0.018 -25% 954,131
M24 Mamba Exploration 0.1 -23% 82,315
GAL Galileo Mining Ltd 0.49 -23% 28,814,615
DRA DRA Global Limited 2 -23% 500
AOA Ausmon Resorces 0.007 -22% 5,141,894
AUE Aurumresources 0.125 -22% 87,916
BEX Bikeexchange Ltd 0.036 -20% 640,130
HMX Hammer Metals Ltd 0.068 -20% 6,826,879
NZS New Zealand Coastal 0.004 -20% 7,017,915
NZK NZK Salmon Ltd 0.19 -19% 171,280
HIQ Hitiq Limited 0.059 -18% 398,647
SQ2 Block 99.9 -18% 474,209
SOR Strategic Elements 0.17 -17% 3,800,737
NNG Nexion Group 0.083 -17% 341,199
ALU Altium Limited 25.2 -17% 1,102,879
MMG Monger Gold Ltd 0.3 -17% 105,402
TPD Talon Energy Ltd 0.0075 -17% 60,907,232
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