On Stockhead today, the ASX booze stocks that returned double digits this year, why Africa’s the place to be for a new gold miner and Warren Buffett’s strategy explained.

But first … the day ahead.

Today, the ABS releases the main measure of wages in the economy – the Wage Price Index.

“Wages rose by just 0.4 per cent in the June quarter to be up 1.7 per cent on the year,” says CommSec chief economist Craig James.  “But anecdotal evidence suggests that wages are lifting in hospitality and construction sectors due to international border restrictions.”

 

TRADING HALTS

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

Wednesday

Pharmaxis (ASX:PXS) – capital raising
PlaySide Studios (ASX:PLY) – capital raising
Aumake (ASX:AUK) – capital raising
Leaf Resources (ASX:LER) – chemical plant incident
Nexion (ASX:NNG) – capital raising
Raiden Resources (ASX:RDN) – re-interpretation modelling results
West Wits Mining (ASX:WWI) – capital raising
Globe Metals and Mining (ASX:GBE) – organisational change
PYC Therapeutics (ASX:PYC) – NHP safety results
Lion Energy (ASX:LIO) – capital raising
Wildcat Resources (ASX:WC8) – capital raising
Noxopharm (ASX:NOX) – government grant
AuKing Mining (ASX:AKN) – capital raising
MinRex Resources (ASX:MRR) – acquisition

Thursday:

Pacific Nickel Mines (ASX:PNM) – assay results
Activex (ASX:AIV) – capital raising
Turaco Gold (ASX:TCG) – capital raising
Blue Star Helium (ASX:BNL) – water well program update
Volt Resources (ASX:VRC) – European lithium license applications
Black Dragon Gold Corp (ASX:BDG) – capital raising
Kingston Resources (ASX:KSN) – acquisition and capital raising
Tinybeans (ASX:TNY) – capital raising

 

MARKETS (updated at 7.30am AEDT)

Gold: $US1,850.66 ($2,534.10) (-0.63%)

Silver: $US24.83 ($34.00) (-0.83%)

Oil (WTI): $US80.82 (-0.07%)

Oil (Brent): $US82.49 (+0.54%)

Coal: $US149.35 (-2.39%)

Iron 62pc Fe: $US92.01 (-0.38%)

AUD/USD: $US0.7303 (-0.58%)

Bitcoin: $US59,886.67 ($82,003.96) (-6.44%)

 

WHAT GOT YOU TALKING YESTERDAY?

The gold price is rumbling.

 

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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.

Code Company Price % Volume
EV1 Evolutionenergy 0.62 210 11269492
LCY Legacy Iron Ore 0.034 79 181531105
IDZ Indoor Skydive Aust 0.045 41 32321229
HAW Hawthorn Resources 0.097 35 14569095
AUH Austchina Holdings 0.012 33 84766699
MEM Memphasys Ltd 0.096 33 2535271
TRM Truscott Mining Corp 0.037 28 540762
AQD Ausquest Limited 0.019 27 13988225
CCE Carnegie Cln Energy 0.0025 25 64516519
LMG Latrobe Magnesium 0.14 22 31165001
UUL Ultima Utd Ltd 0.945 21 152432
AEI Aeris Environmental 0.12 20 381856
CZL Cons Zinc Ltd 0.039 18 995881
SIS Simble Solutions 0.027 17 3452492
SIT Site Group Int Ltd 0.007 17 716000
VPR Volt Power Group 0.0035 17 1830018
FGL Frugl Group Limited 0.029 16 549670
FNT Frontier Resources 0.031 15 32662011
ROG Red Sky Energy. 0.008 14 5019553
WRM White Rock Min Ltd 0.32 14 606907
GLL Galilee Energy Ltd 0.45 14 483481
MKL Mighty Kingdom Ltd 0.165 14 781717
NC6 Nanollose Limited 0.125 14 1093482

Graphite play Evolution Energy Minerals (ASX:EV1)  exploded off the blocks with shares in the company up 225% on debut.

The company, a spin-off of Marvel Gold’s (ASX:MVL) graphite assets, already had a warm welcome from investors prior to listing with its oversubscribed initial public offering raising a rather substantial $22m, well above the minimum of $13m it was seeking.

The performance places it well in the ranks of the best performing IPOs this year, beaten out only by Kuniko (ASX:KNI) and its jaw-dropping 740% gain to date, Lithium Energy (ASX:LEL) with its 390% gain, Australasian Gold (ASX:A8G), which is up 265% and 92 Energy (ASX:92E), up 245%.

Legacy Iron Ore (ASX:LCY) and joint venture partner Hawthorn Resources (ASX:HAW) continued to rerate yesterday after a subsidiary of Gina Rinehart’s Hancock Prospecting inked a deal Monday to shell out an initial $9m to earn into the ‘Mt Bevan’ iron ore project in WA (LCY 60%, HAW 40%).

And junior Ausquest’s (ASX:AQD) longstanding strategic exploration alliance with major miner South32 (ASX:S32) has been extended for a further two years.

Over this time S32 will fund all exploration activities, including drilling, over AQD’s copper, zinc and nickel projects in Australia and Peru.

 

YESTERDAY’S LOSERS

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

Code Company Price % Volume
NPM Newpeak Metals 0.0015 -25 9271323
MRZ Mont Royal Resources 0.35 -22 260656
ANL Amani Gold Ltd 0.002 -20 73347578
ECT Env Clean Tech Ltd. 0.063 -17 74715747
KOR Korab Resources 0.083 -17 34904197
OVT Ovato Limited 0.0025 -17 7088888
ENR Encounter Resources 0.155 -16 1150776
SKN Skin Elements Ltd 0.053 -16 561288
TTB Total Brain Ltd 0.11 -15 353739
ARE Argonaut Resources 0.006 -14 3586161
NCL Netccentric Ltd 0.12 -14 15684
KAI Kairos Minerals Ltd 0.031 -14 34412174
CAD Caeneus Minerals 0.014 -13 5626470
EFE Eastern Iron 0.078 -12 195262723
CPN Caspin Resources 1.06 -12 1726657
IP1 Int Payment Tech Ltd 0.024 -11 2636807
S2R S2 Resources 0.2 -11 2810025
DDD 3D Resources Limited 0.004 -11 2531350
GNM Great Northern 0.008 -11 1807139
SIH Sihayo Gold Limited 0.008 -11 1
AIM Ai-Media Technologie 0.69 -11 7000102
CDR Codrus Minerals Ltd 0.165 -11 192697
DCC Digitalx Limited 0.125 -11 9744249