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

On Stockhead today, high value gold tips from top brokers, playing the oil trade during multi-year highs, and all the renewable news that’s fit to print.

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

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

Tuesday 

Magnum Mining and Exploration (ASX:MGU) – off-take agreement
Metalicity (ASX:MCT) – capital raising
Aeris Resources (ASX:AIS) – capital raising
Cashwerkz (ASX:CWZ) – capital raising
Cobalt Blue (ASX:COB) – fundraising agreement
WT Financial Group (ASX:WTL) – capital raising and acquisition
Argonaut Resources (ASX:ARE) – capital raising
Global Health (ASX:GLH) – capital raising
Leigh Creek Energy (ASX:LCK) – capital raising

MARKETS

Gold: $US1,897.87 ($2,447.29) (+0.51%)

Silver: $US27.99 ($36.09) (+0.86%)

Oil (WTI): $US70.09 (+0.20%)

Oil (Brent): $US72.31 (+0.35%)

Coal: $US119.00 (+3.69%)

Iron 62pc Fe: $US211.91 (+0.82%)

AUD/USD: $US0.7751 (+0.27%)

Bitcoin: $US36,418.36 (+0.15%)

WHAT GOT YOU TALKING YESTERDAY?

Is boring old thermal coal the dark horse of 2021?

Thermal #coal buoyed by strong fundamentals, #China power shortages, tightening supply, low inventories, exacerbated by ban on Australian imports extending into at least next year, with supplies from Inner Mongolia possibly constrained given resurgence in new Covid cases. #mining pic.twitter.com/5v3KcKio8i

— Gavin Wendt (@MineLifeReport) June 10, 2021

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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 WINNERS

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

Classic Minerals (ASX:CLZ) ticked higher after announcing it’s received approval from the WA Department of Mines, Industry Regulation and Safety to commence mining for bulk samples at its Kat Gap gold project.

Andromeda Metals (ASX:ADN) and 25% JV partner Minotaur (ASX:MEP) have inked a five-year offtake with a large Chinese commodity trader for 70,000tpa of refined ultra-bright high-purity kaolin.

YESTERDAY’S LOSERS

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Porphyry hunter Magmatic Resources (ASX:MAG)  slipped disappointing assays into the back-end of a new drilling announcement.