Rise and Shine: Everything you need to know before the market opens

On Stockhead today, is the Dundas anomaly a nickel company-maker, why is Bill Gates suddenly backing antimony, and China rises from its Covi-… wait, nope.

But first, the day ahead.

Local shares are set to open lower today. At 8am AEST, the ASX 200 October futures contract is pointing down by 0.30%.

TRADING HALTS

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

Valor Resources (ASX:VAL) – Regarding exploration results at Surprise Creek

Cygnus Gold (ASX:CY5) – Capital raise

Culpeo Minerals (ASX:CPO) – Capital raise

Queensland Pacific Metals (ASX:APM) – Material investment and off-take agreement

OpenLearning (ASX:PLL) – Capital raise

Mayur Resources (ASX:MRL) – Capital raise and board changes

Magnum Mining and Exploration (ASX:MGU) – Completion of an acquisition

GME Resources (ASX:GME) – Capital raising

Axiom Properties (ASX:AXI) – Major strategic investment

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: $US1,665.80 (-0.13%)

Silver: $US19.17 (-2.47%)

Nickel (3mth): $US22,045/t (-1.64%)

Copper (3mth): $US7,524/t (-0.71%)

Lithium Carbonate, China (Benchmark Minerals Intelligence, Sept 28): $US70,925/t (+102% year-to-date)

Lithium Hydroxide, China (Benchmark Minerals Intelligence, Sept 28): $US70,800/t (+139.9% year-to-date)

Oil (WTI): $US88.61 (-2.75%)

Oil (Brent): $US93.69 (-2.60%)

Iron 62pc Fe: $US96.97 (-0.39%)

AUD/USD: 0.6275 (+0.2%)

Bitcoin: $US19,040(-0.59%)

WHAT GOT YOU TALKING YESTERDAY?

Some juicy uranium hits by Kingsland Minerals (ASX:KNG) at its Cleo Uranium Project in the Northern Territory.

Uranium is emerging as one of the key resources for the energy transition, so it is the perfect time for Kingsland Minerals to strike high grade uranium in the first drill program at its Cleo Uranium Project in the Northern Territory.https://t.co/zxFmKkcG5n #ad #ASX $KNG

— Stockhead (@StockheadAU) October 11, 2022

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Also, be sure to check in preopen each day for ‘Market highlights and 5 ASX small caps to watch’, and 10.30am for our daily ‘10 at 10’ column — a live summary of winners & losers at the opening bell.

YESTERDAY’S ASX SMALL CAP LEADERS:

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Dundas Minerals (ASX:DUN) closed some 40% higher after hitting a large mafic-ultramafic intrusive complex beginning ~170m down hole in the first drill hole at the Central exploration target within the prospective Albany Fraser Orogen in WA.

ASX SMALL CAP LOSERS

Here are the worst performing ASX small cap stocks:

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Lithium explorer Alchemy Resources (ASX:ALY) tumbled despite announcing a $5.5m capital raising to fund drilling on its high priority lithium assets in WA and battery metal projects in NSW.