On Stockhead today, entry level mining jobs paying over $100K, 5 global infrastructure stocks staying above water, and psst – wanna invest in thermal plasma?
But first, the day ahead.
Today, the ABS issues business investment data together with detailed labour force estimates for the month of April.
WHO’S SCHEDULED TO LIST?
When: 11am AEST
Raised: $15m at 25c per share
This spin-out from Minotaur Exploration (ASX:MEP) is targeting gold, copper and gypsum across Queensland and South Australia.
The company holds the ‘Pyramid’ gold project, ‘Windsor’ copper-zinc-lead-gold-silver project and ‘Chimera’ copper-gold-lead-silver-zinc projects in Queensland.
DRM also has the ‘Peake’ and ‘Denison’ copper-gold, zinc-lead-silver JV and the ‘Lake Purdilla’ gypsum project in South Australia.
When: 1pm AEST
Raised: $6m
This explorer is focussed on assets prospective for nickel, lithium, and gold in the Goldfields-Esperance region of WA.
It has amassed the largest land package ever held by one exploration company within the Lake Johnston Greenstone Belt and says the region has been historically overlooked and underexplored.
TRADING HALTS
The following companies are in a trading halt and are expected to exit with news in the coming days:
Moho Resources (ASX:MOH) – capital raising
xReality Group (ASX:XRG) – capital raise
Galileo Mining (ASX:GAL) – material drill assay results from the company’s Callisto discovery
Sayona Mining (ASX:SYA) – capital raise
Lindian Resources (ASX: LIN) – Exclusive Option Agreement for the Kangankunde Rare Earths Project in Malawi and a dispute against Michael Saner (since deceased) and Rift Valley Resource Developments, regarding the Project.
MARKETS
Gold: $US1,856.57 (-0.50%)
Silver: $US21.869 (-1.00%)
Nickel (3mth): $US26,300/t (-0.94%)
Copper (3mth): $US9,367.50/t (-1.22%)
Lithium Carbonate, China (Benchmark Minerals Intelligence, May 19): $US68,850/t (+0.1% weekly)
Lithium Hydroxide, China (Benchmark Minerals Intelligence, May 19): $US70,625/t (-0.2% weekly)
Oil (WTI): $US111.380 (+1.46%)
Oil (Brent): $US114.95 (+1.23%)
Iron 62pc Fe: $US130.00 (-1.52%)
AUD/USD: $US0.70821 (-0.32%)
Bitcoin: $US29,802.50 (+1.24%)
WHAT GOT YOU TALKING YESTERDAY?
A new record sale for lithium spodumene.
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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 ASX 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 |
|---|---|---|---|---|
| CNJ | Conico Ltd | 0.04 | 79% | 161,158,668 |
| AO1 | Assetowl Limited | 0.00 | 50% | 13,390,298 |
| GTG | Genetic Technologies | 0.00 | 33% | 7,300,100 |
| GSR | Greenstone Resources | 0.06 | 29% | 54,652,880 |
| LAW | Lawfinance Ltd | 0.25 | 28% | 39,720 |
| MYE | Metarock Group Ltd | 0.56 | 27% | 97,106 |
| PSL | Paterson Resources | 0.03 | 27% | 617,321 |
| BVR | Bellavistaresources | 0.25 | 25% | 3,059,844 |
| VPR | Volt Power Group | 0.00 | 25% | 51,274,322 |
| DAF | Discovery Alaska Ltd | 0.08 | 24% | 1,184,033 |
| NME | Nex Metals Explorat | 0.03 | 23% | 96,299 |
| CMP | Compumedics Limited | 0.20 | 21% | 227,025 |
| DCG | Decmil Group Limited | 0.12 | 20% | 1,394,163 |
| SRN | Surefire Rescs NL | 0.04 | 19% | 89,420,320 |
| MBX | Myfoodieboxlimited | 0.16 | 19% | 137,685 |
| PAK | Pacific American Hld | 0.01 | 18% | 316,666 |
| RAN | Range International | 0.01 | 18% | 1,285,600 |
| AGR | Aguia Res Ltd | 0.07 | 18% | 570,547 |
| MNB | Minbos Resources Ltd | 0.15 | 17% | 10,104,602 |
| RMI | Resource Mining Corp | 0.11 | 17% | 6,904,028 |
| CML | Chase Mining Limited | 0.01 | 17% | 2,155,100 |
| DCX | Discovex Res Ltd | 0.01 | 17% | 100,000 |
| PPC | Peet Limited | 1.10 | 16% | 85,557 |
| FHS | Freehill Mining Ltd. | 0.02 | 16% | 191,772 |
| LYN | Lycaonresources | 0.45 | 15% | 11,077 |
‘Mt Thirsty’ nickel-copper JV partners Conico (ASX:CNJ) and Greenstone Resources (ASX:GSR) have been surging on nearology fervour since Galileo Mining (ASX:GAL) hit palladium paydirt right next door.
GAL is currently in a trading halt “pending the release of an announcement to the market in relation to material drill assay results”.
Base metals and uranium explorer Bellavista Resources (BVR) had a good first day on the bourse, up 25%.
It has some high profile shareholders: Capricorn Resources (ASX:CMM) executive chairman Mark Clark and Bellevue Gold (ASX:BGL) managing director Steve Parsons have a 10% stake, while Capricorn CEO Kim Massey and Bellevue non-executive director Michael Naylor each hold 6%.
YESTERDAY’S ASX 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 |
|---|---|---|---|---|
| ALT | Analytica Limited | 0.001 | -33% | 1,599,800 |
| SIT | Site Group Int Ltd | 0.003 | -25% | 348,166 |
| BEX | Bikeexchange Ltd | 0.030 | -25% | 554,298 |
| NUH | Nuheara Limited | 0.120 | -23% | 1,232,153 |
| BPH | BPH Energy Ltd | 0.019 | -21% | 13,807,344 |
| AVW | Avira Resources Ltd | 0.004 | -20% | 4,143,582 |
| EDU | EDU Holdings Limited | 0.140 | -18% | 19,700 |
| FG1 | Flynngold | 0.120 | -17% | 8,333 |
| TZN | Terramin Australia | 0.035 | -17% | 1,266,579 |
| ENX | Enegex Limited | 0.050 | -17% | 346,400 |
| WFL | Wellfully Limited | 0.053 | -16% | 2,860,181 |
| SIX | Sprintex Ltd | 0.051 | -15% | 13,136 |
| AAJ | Aruma Resources Ltd | 0.065 | -14% | 846,165 |
| CL8 | Carly Holdings Ltd | 0.036 | -14% | 210,000 |
| AMD | Arrow Minerals | 0.003 | -14% | 3,085,589 |
| ROG | Red Sky Energy. | 0.006 | -14% | 2,686,436 |
| HT8 | Harris Technology Gl | 0.032 | -14% | 1,220,301 |
| GFN | Gefen Int | 0.130 | -13% | 510,002 |
| NNG | Nexion Group | 0.065 | -13% | 424,493 |
| M8S | M8 Sustainable | 0.009 | -13% | 4,058,901 |
| DLT | Delta Drone Intl Ltd | 0.014 | -13% | 79,140 |
| TRM | Truscott Mining Corp | 0.050 | -12% | 35,600 |
| KOR | Korab Resources | 0.029 | -12% | 914,310 |
| SER | Strategic Energy | 0.022 | -12% | 224,973 |
| PVW | PVW Res Ltd | 0.300 | -12% | 282,369 |