On Stockhead today, is Victoria’s 2.75pc gold royalty a ‘job-wrecking tax grab’, should you back a small cap into a JV, and why infrastructure is the new mining.

But first, here’s what you need to know before markets open.

The day ahead in data

It’s a quiet one domestically, with no major markets news on the global front either.

US data later tonight will be led by consumer confidence figures for May and the Dallas Fed’s monthly manufacturing index.

Company news

The following nine companies should come out of a trading halt or voluntary suspension in the next 48 hours:

Tuesday:

Estrella Resources (ASX: ESR) – exploration update
Auroch Minerals (ASX: AOU) – acquisition

Wednesday:

Greenpower Energy (ASX: GPP) – addressing SPP shortfall
CropLogic (ASX: CLI) – capital raising
Cape Lambert Resources (ASX: CFE) – capital raising
AHAlife (ASX: AHL) – capital raising
Pointerra (ASX: 3DP) – licensing agreement
Uniti Wireless (ASX: UWL) – capital raising
Orminex (ASX: ONX) – addressing ASX query

Commodities

Gold: $US1,285.11 ($1,857.49) +0.17%

Silver: $US14.60 +0.16%

Oil (Brent): $US68.68 +1.79%

Oil (WTI): $US59.25 1.25%

Coal: $US82.10

Iron ore 62pc fe: $US108.62 +3.1%

AUD/USD: $US0.6920

What got you talking yesterday

Over on the the Stockhead Facebook chat forum, reader Steve Roswell highlighted dysprosium as another of the rare earth plays that investors should be wary of.

“Interest is growing globally for Rare Earths #rareearth including the #Dysprosium price rise. There are 15 #TSX #TSXV & 12 #ASX projects with Dysprosium. 14 in exploration & 13 in Advanced project stage,” he wrote.

And these were the five most-discussed stocks on trading gossip forum HotCopper at close on Monday:

Yesterday’s winners

Mineral exploration company Rafaella Resources (ASX: RFR) climbed to 14 cents, an intraday gain of 100 per cent.

Markets reacted positively to news that Rafaella had entered into a binding heads of agreement to purchase the Santa Comba tungsten and tin project in northwestern Spain in an all-share deal.

“To support the development of Santa Comba, Rafaella also proposes to conduct a share placement to raise a targeted $2.6m at 20 cents per share,” the company said.

TickerNamePrice% ChgMarket cap
RFRRafaella Resources Ltd0.14100%$5.3M
UTRUltracharge Ltd0.003575%$3.8M
CZNCorazon Mining Ltd0.00350%$4.1M
PCKPainchek Ltd0.1341%$113.0M
SUDSuda Pharmaceuticals Ltd0.00740%$18.1M
LBTLBT Innovations Ltd0.1939%$39.2M
ONXOrminex Ltd0.1536%$80.9M
DREDreadnought Resources Ltd0.00433%$4.4M
MLSMetals Australia Ltd0.00233%$5.4M
RMGRMG Ltd0.0127%$8.6M
WELWinchester Energy Ltd0.0327%$11.6M
AIRAstivita Ltd0.4326%$23.1M
KGMKalNorth Gold Mines Ltd0.00525%$4.5M
LNYLaneway Resources Ltd0.0125%$36.8M
B2YBounty Mining Ltd0.0924%$33.5M
IS3I Synergy Group Ltd0.1623%$29.3M
WHKWhiteHawk Ltd0.1422%$21.9M
NXSNext Science Ltd3.3822%$603.4M
DTRDateline Resources Ltd0.00320%$23.9M
ELTElementos Ltd0.00620%$9.3M
FTTFactor Therapeutics Ltd0.00620%$6.3M
SPQSuperior Resources Ltd0.00620%$4.1M
WCNWhite Cliff Minerals Ltd0.00620%$4.1M

 

Yesterday’s losers

Among yesterday’s laggards, two resources minnows led the market lower with Quantum Graphite Ltd (ASX: QGL) and Gladiator Resources Ltd (ASX: GLA) both losing a third of their value on no news.

TickerCompanyPrice% ChgMarket cap
QGLQuantum Graphite Ltd0.002-33%$15.1m
GLAGladiator Resources Ltd0.001-33%$1.5m
RD1Registry Direct Ltd0.03-30%$3.6M
MGTMagnetite Mines Ltd0.005-29%$4.0M
AKNAuking Mining Ltd0.0015-25%$1.4M
RAGRagnar Metals Ltd0.007-22%$2.2M
GTGGenetic Technologies Ltd0.007-22%$19.0M
JJFJiajiafu Modern Agriculture Ltd0.04-20%$3.4M
TRLTanga Resources Ltd0.002-20%$2.5M
MHCManhattan Corp Ltd0.004-20%$3.0M
MBKMetal Bank Ltd0.01-20%$7.1M
CIOConnected IO Ltd0.002-20%$3.6M
AUTAuteco Minerals Ltd0.004-20%$4.0M
IMCImmuron Ltd0.16-18%$22.2M
HHMHampton Hill Mining NL0.01-18%$4.1M
GTEGreat Western Exploration Ltd0.004-17%$3.9M
TMXTerrain Minerals Ltd0.0025-17%$1.6M
NAENew Age Exploration Ltd0.005-17%$4.4M
HIPHipo Resources Ltd0.01-17%$3.9M
ANLAmani Gold Ltd0.0025-17%$9.2M
ADXADX Energy Ltd0.005-17%$6.1M
AAUAdcorp Australia Ltd0.01-17%$4.6M