Rise and Shine: What you need to know before the ASX opens
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On Stockhead today, the ASX stocks that won July, all the miners that won Diggers and Dealers, and Sydney’s Holon Global buddies up with the Winklevii.
But first … the day ahead.
Iron ore explorer Pantera Minerals (ASX:PFE) is set to list at 11:30AM AEST. The company’s cornerstone asset is the Yampi iron ore project just off the WA coast in the Kimberley, where initial grab and rock chip samples have graded up to 68% iron.
The following companies are in trading halts and are expected out in the next two trading days:
Gold: $US1,811.75 ($2,452.95) (+0.10%)
Silver: $US25.36 ($34.34) (-0.74%)
Oil (WTI): $US68.02 (-3.57%)
Oil (Brent): $US70.21 (-3.04%)
Coal: $US154.10 (+0.82%)
Iron 62pc Fe: $US182.51 (+0.83%)
AUD/USD: $US0.7376 (-0.25%)
Bitcoin: $US39,793.42 (+4.07%)
Lake Resources’ (ASX:LKE) market cap has grown a massive 1,225% in the last 12 months.
— @lake_resources (@lake_resources) August 2, 2021
And Copper stole Gold’s thunder at Diggers and Dealers Mining Forum in Kalgoorlie.
— chrisjparrish (@chrisjparrish) August 4, 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.
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ResApp (ASX:RAP) partnered with Indonesian telehealth provider Aldodokter to bring its smartphone-based diagnostic test to Aldodokter’s patients.
88 Energy (ASX:88E) rose after an update on its Umiat oil field in Alaska. Among other things it announced it had identified further potential thanks to preliminary pressure analysis conducted.
Charger Metals (ASX:CHR) rose after New York based fundie Lind Partners bought into the company.
Vulcan Energy (ASX:VUL) announced a life cycle assessment (LCA) study on its FS-level extraction and chemical process study shows that Vulcan is expected to have the lowest global warming potential of any other lithium product in the world. The company will burn zero fossil fuels in its process, instead leveraging geothermal energy and decarbonised electricity.
Copper explorer Sunstone Metals (ASX:STM) fell despite announcing the start of a drilling campaign at its El Palmar copper-gold project in Ecuador.