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

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On Stockhead today, the silica sand demand storm is coming and Australia is preparing to face it head on, the highest leverage play in Australia’s hottest mining district and nickel in batteries to take ‘significant’ market share from 2023.

But first…

The day ahead

The most important economic data today is jobs data. Economists are expecting a further rise in unemployment, to 8 per cent, despite COVID-19 restrictions easing somewhat in May.

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

Thursday:

Tesoro Resources (ASX:TSO) – capital raising
Dampier Gold (ASX:DAU) – capital raising
Rimfire Pacific Mining (ASX:RIM) – earn in and joint venture agreement
Lifespot Health (ASX:LSH) – capital raising
Golden Rim Resources (ASX:GMR) – capital raising
RedHill Education (ASX:RDH) – capital raising

Friday:

Skycity Entertainment Group (ASX:SKC) – capital raising
RareX (ASX:REE) – capital raising
Armour Energy (ASX:AJQ) – capital raising
Netlinkz (ASX:NET) – capital raising

Markets

Gold: $US1,726.90 ($2,509.30) (+0.01%)

Silver: $US17.49 (+0.06%)

Oil (WTI): $US37.71 (-1.75%)

Oil (Brent): $US40.52 (-1.07%)

Coal: $US53.03 (-1.71%)

Iron 62pc Fe: $US102.89 (-0.09%)

AUD/USD: $US0.6884 (-0.07%)

Bitcoin: $US9,376.27 (-1.24%)

What got you talking yesterday

Yesterday on Twitter it was about the rally in uranium continuing to lure companies to the sector.

More companies are biting into the uranium pie as the sector continues to rally #mining #energy #uranium #asx #ausbiz $SUP $TIN $THR $GTR $PEN $DYL $AGE $VMY https://t.co/nZBV9zOJwS

— Stockhead (@StockheadAU) June 17, 2020

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 morning for our daily 10 at 10 column — a live summary of winners and losers at the opening bell.

Yesterday’s winners

Stocks highlighted in yellow made market-moving announcements

Yesterday’s losers

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