On Stockhead today, what’s Gavin Wendt watching in the mining fire sale, why Israel does tech stocks better, and renewables breaks records.

But first, the day ahead.

Local shares are set to open higher today. At 8am AEDT, the ASX 200 August futures is pointing up by 0.15%.

WHO’S SCHEDULED TO LIST?

SUMMIT MINERALS (ASX:SUM)

Listing: 1pm AEST

Raised: $5.5m at 20c per share

This battery metals explorer has four projects in WA and one in NSW.

In WA its assets include the Stallion REE-uranium project, the Philips River lithium project, the Gascoyne REE-lithium projects and the Bridgetown lithium projects (under application).

In NSW, the company has the Windfall antimony project.

 

TRADING HALTS

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

Medical Developments International (ASX:MVP) –capital raise

Proteomics International Laboratories (ASX:PIQ) – licensing of its PromarkerD test in the US market

Recharge Metals (ASX:REC) – Speaking of gossip, there’s something brewing at Brandy Hill South…

Nova Minerals (ASX:NVA) – significant exploration results at RPM

Eden Innovations (ASX:EDE) – capital raise

Mesoblast (ASX:MSB) – private placement

MOQ (ASX: MOQ) – Scheme of Arrangement with Atturra

Atturra (ASX:ATA) – Scheme of Arrangement with MOQ

Tyranna Resources (ASX:TYX) – approval for Angolan Minerals project acquisition

 

COMMODITY/ FOREX/ CRYPTO MARKET PRICES

Gold: $US1,788.68 (+1.48%)

Silver: $US20.21 (+0.66%)

Nickel (3mth): $US22,210/t (-0.55%)

Copper (3mth): $US7,743/t (+0.85%)

Lithium Carbonate, China (Benchmark Minerals Intelligence, Aug 3 $US69,825/t

Lithium Hydroxide, China (Benchmark Minerals Intelligence, Aug 3): $US70,000/t

Oil (WTI): $US87.55 (-3.24%)

Oil (Brent): $US93.42 (-3.47%)

Iron 62pc Fe: $US107.03 (-2.80%)

AUD/USD: 0.6966 (-0.70%)

Bitcoin: $US22,538 (-3.37%)

 

WHAT GOT YOU TALKING YESTERDAY?

We need 50 more lithium mines, 60 more nickel mines and 17 more cobalt mines by 2030.

Outrageous numbers.

 

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Also, be sure to check in preopen each day for ‘Market highlights and 5 ASX small caps to watch’, and 10.30am for our daily ‘10 at 10’ column — a live summary of winners & losers at the opening bell.

 

YESTERDAY’S SMALL CAP WINNERS

(Stocks highlighted in yellow rose after making announcements during the trading day).

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On Wednesday, Osteopore (ASX:OSX) announced it had reached an agreement with US firm MellingMedical, which throws open the doors to the massive North American market.

Meanwhile, Metal Bank (ASX:MBK) is hitting thick gold 60m away from the existing ~30,000oz resource at Kingsley, part of the Livingstone gold project in WA.

YESTERDAY’S SMALL CAP LOSERS

(Stocks highlighted in yellow rose after making announcements during the trading day).

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