Rise and Shine: What you need to know before the ASX opens

On Stockhead today, when will zinc fulfil its destiny, bringing the secret Kambalda nickel mines back from the dead, and Bitcoin is officially legal tender… in El Salvador.

But first… the day ahead.

TRADING HALTS

The following companies are in trading halts and are expected to exit over the next two trading days:

Today

Duke Exploration (ASX:DEX) – capital raising
Celsius Resources (ASX:CLA) – drilling results

Friday

Andromeda Metals (ASX:ADN) – market update
Minotaur Exploration (ASX:MEP) – market update
Mandrake Resources (ASX:MAN) – capital raising
Mighty Craft (ASX:MCL) – capital raising

MARKETS

Gold: $US1,888.42 ($2,442.97) (-0.23%)

Silver: $US27.76 ($35.91) (+0.46%)

Oil (WTI): $US69.75 (-0.41%)

Oil (Brent): $US72.02 (-0.28%)

Coal: $US114.75 (+1.70%)

Iron 62pc Fe: $US210.19 (+1.13%)

AUD/USD: $US0.7729 (-0.09%)

Bitcoin: $US36,566.75 (+8.60%)

WHAT GOT YOU TALKING YESTERDAY?

Mourning wood.

One year ago today, this was purchased for $2941, the same order re-quoted today at $11,879. pic.twitter.com/VZQRvXExhf

— Rob O’Donnell (@odonnell_r) June 7, 2021

(Not our joke, thanks NextDraft)

To keep up to date with Stockhead coverage, follow our Twitter page or sign up to our members-only Facebook group here.

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 WINNERS

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

Yesterday’s winners were the beneficiaries of the big resources story of the day — the joint venture between junior explorers Coda Minerals (ASX:COD) and Torrens Mining (ASX:TRN) which hit 200m of “intense IOCG alteration” at the ‘Elizabeth Creek’ project in South Australia.

IOCG stands for iron-oxide-copper-gold, and the nature of the deposits can be absolutely mammoth. This one included around 50m of copper sulphides as part of the discovery.

Also rising strongly was infrastructure company Cardno (ASX:CDD), which indicated it might be back in play as a takeover target based on recent approaches from interested parties.

YESTERDAY’S LOSERS

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