This document is a report from Terra Studio providing an analysis of commodity prices and market conditions for various base metals and precious metals. It includes charts showing price trends for bauxite, copper, gold, nickel, silver, and zinc. It also provides summaries of recent news and developments for major mining companies involved in copper, gold, bauxite, nickel, and other metals. The report disclaims liability for any actions taken based on its analysis and advises readers to consult financial advisors.
This document is a newsletter from Oz Metals providing an overview of base and precious metal markets and mining company news. It includes commentary on copper, gold, zinc and other commodity prices and inventories. Several mining companies are mentioned with updates on production figures, acquisitions and funding deals in the metals and mining sector. Tables provide details on share prices and company profiles.
Only a few weeks ago, the A$ zinc price reached a 5-year high. As at Friday close, it jumped to a 7-year high. The copper price jumped also, while official inventories are decreasing again.
Codelco, the Chilean state-owned copper producer, is seeking $30 billion for investment and is considering tapping into Chile's sovereign wealth funds for funding as alternatives are limited. The London Metal Exchange plans to appeal a court ruling that halted reforms aimed at reducing warehouse backlogs. The US SEC will implement portions of a rule requiring companies to disclose if conflict minerals from Africa are used in their products. Indian gold imports fell in the last fiscal year due to import duties and other measures, though unofficial imports are estimated to have doubled. Newmont in Indonesia may need to cut copper production if it cannot export a build-up of concentrate due to a dispute.
The document provides an overview and analysis of the top 150 ASX listed resources companies by market capitalization in October 2010. Some key points:
- The total market value of the Group 150 was $545 billion in October, up 7.6% from September and 56.9% from June 2009.
- During October, M&A activity in the resources sector increased, particularly involving copper companies.
- Copper prices finished the month at US$8,225/t, up 26% from June 2010, supporting prices at current or higher levels.
- The average market value of domestic focused companies has increased 55.5% since the proposed MRRT was announced, compared to 74.
Gresham "Group 150" - April 2011Darren Martin
The document is an April 2011 newsletter from Gresham Group providing an overview of the top 150 ASX listed resources companies by market capitalization. Some key points:
- In March, the cumulative market value of the Group 150 decreased slightly while the entry point also fell.
- Notable gainers in March by market cap growth were Alkane, Elemental, Straits, Aspire and Hunnu Coal.
- Uranium companies saw heavy share price falls due to events in Japan.
- The commodity price environment provides challenges for value-adding M&A but may also drive scrip-based deals.
- Adjusting for inflation, copper, silver and gold are currently trading
The document presents a ranking of the top 150 ASX-listed resources companies by market capitalization as of May 2011. It notes that two-thirds of the companies in the Group 150 saw a decrease in market value for the month. The ranking is led by BHP Billiton, Rio Tinto, and Newcrest Mining as the top 3 companies by market capitalization.
PCF Capital Group - Resources Thermometer - April 2017Sam Main
This document is the April 2017 edition of the PCF Resources Thermometer report published by PCF Capital Group. It includes the PCF Group 150 ranking of the top 150 ASX-listed resources companies by market capitalization, excluding oil and gas. It provides snapshots of commodity price performance, the PCF Group 150 valuation changes, liquidity and short positions, and notable transaction activity in March 2017. Major transactions included Barrick Gold and Goldcorp entering a joint venture in Chile and several company acquisitions.
This document provides a summary of the June 2010 edition of 'Group 150', which ranks the top 150 ASX listed resource companies by market capitalization, excluding oil and gas. It finds that the average value of companies with domestic projects fell 12.2% in May, compared to a 0.9% decline for international firms, reflecting the new Resource Super Profits Tax negatively impacting domestic miners by increasing their costs. It also discusses industry concerns around the tax and the potential for capital to be directed elsewhere if the tax damages competitiveness.
This document is a newsletter from Oz Metals providing an overview of base and precious metal markets and mining company news. It includes commentary on copper, gold, zinc and other commodity prices and inventories. Several mining companies are mentioned with updates on production figures, acquisitions and funding deals in the metals and mining sector. Tables provide details on share prices and company profiles.
Only a few weeks ago, the A$ zinc price reached a 5-year high. As at Friday close, it jumped to a 7-year high. The copper price jumped also, while official inventories are decreasing again.
Codelco, the Chilean state-owned copper producer, is seeking $30 billion for investment and is considering tapping into Chile's sovereign wealth funds for funding as alternatives are limited. The London Metal Exchange plans to appeal a court ruling that halted reforms aimed at reducing warehouse backlogs. The US SEC will implement portions of a rule requiring companies to disclose if conflict minerals from Africa are used in their products. Indian gold imports fell in the last fiscal year due to import duties and other measures, though unofficial imports are estimated to have doubled. Newmont in Indonesia may need to cut copper production if it cannot export a build-up of concentrate due to a dispute.
The document provides an overview and analysis of the top 150 ASX listed resources companies by market capitalization in October 2010. Some key points:
- The total market value of the Group 150 was $545 billion in October, up 7.6% from September and 56.9% from June 2009.
- During October, M&A activity in the resources sector increased, particularly involving copper companies.
- Copper prices finished the month at US$8,225/t, up 26% from June 2010, supporting prices at current or higher levels.
- The average market value of domestic focused companies has increased 55.5% since the proposed MRRT was announced, compared to 74.
Gresham "Group 150" - April 2011Darren Martin
The document is an April 2011 newsletter from Gresham Group providing an overview of the top 150 ASX listed resources companies by market capitalization. Some key points:
- In March, the cumulative market value of the Group 150 decreased slightly while the entry point also fell.
- Notable gainers in March by market cap growth were Alkane, Elemental, Straits, Aspire and Hunnu Coal.
- Uranium companies saw heavy share price falls due to events in Japan.
- The commodity price environment provides challenges for value-adding M&A but may also drive scrip-based deals.
- Adjusting for inflation, copper, silver and gold are currently trading
The document presents a ranking of the top 150 ASX-listed resources companies by market capitalization as of May 2011. It notes that two-thirds of the companies in the Group 150 saw a decrease in market value for the month. The ranking is led by BHP Billiton, Rio Tinto, and Newcrest Mining as the top 3 companies by market capitalization.
PCF Capital Group - Resources Thermometer - April 2017Sam Main
This document is the April 2017 edition of the PCF Resources Thermometer report published by PCF Capital Group. It includes the PCF Group 150 ranking of the top 150 ASX-listed resources companies by market capitalization, excluding oil and gas. It provides snapshots of commodity price performance, the PCF Group 150 valuation changes, liquidity and short positions, and notable transaction activity in March 2017. Major transactions included Barrick Gold and Goldcorp entering a joint venture in Chile and several company acquisitions.
This document provides a summary of the June 2010 edition of 'Group 150', which ranks the top 150 ASX listed resource companies by market capitalization, excluding oil and gas. It finds that the average value of companies with domestic projects fell 12.2% in May, compared to a 0.9% decline for international firms, reflecting the new Resource Super Profits Tax negatively impacting domestic miners by increasing their costs. It also discusses industry concerns around the tax and the potential for capital to be directed elsewhere if the tax damages competitiveness.
Gresham "Group 150" - September 2011Darren Martin
The document provides a ranking of the top 150 ASX-listed resource companies in September 2011 by market capitalization, excluding oil and gas companies. It notes that in August 2011, the total market value of these companies decreased 5.3% from the previous month to $510 billion. The average premium offered in takeover transactions in the resources sector for 2011 has been 33%, down from 37-40% in 2009-2010.
Gresham "Group 150" - December 2011 (Print Pdf)Darren Martin
The document is the December 2011 edition of the "Gresham Group 150", which ranks the top 150 ASX-listed resource companies by market capitalization, excluding oil and gas companies. It notes that the resource sector continued to experience declines in November, with the Group 150 losing $32.2 billion or 6.8% over the month. Individual company market caps and rankings within the Group 150 are provided.
The document is the March 2011 edition of the "Group 150", which ranks the top 150 ASX-listed resource companies by market capitalization, excluding oil and gas companies. It notes that in February, the cumulative market value of the Group 150 increased 2.8% to $605.4 billion. Mining companies focused on gold, iron ore, and copper were seen as preferred commodities. The biggest gainers in February were Cobar (+76.4%), Atlas Iron (+72.5%), South Boulder (+72.1%), Papillon (+61.1%) and Carabella (+48.9%). The document also examines gearing levels among the Group 150 companies.
Gresham "Group 150" - August 2011Darren Martin
The document provides an overview of the top 150 ASX listed resource companies in July 2011 by market capitalization. It notes that July was the fifth consecutive month of falling market values for the Group 150 companies. The total market value was $538.5 billion in July, down from $539.9 billion in June. It also contains forward curves and price forecasts for various commodities.
The document is a monthly report from Gresham Advisory Partners presenting the top 150 ASX listed resources companies by market capitalization. In January 2021, the cumulative market value of the top 150 companies declined 2.8% from the previous month to $589.2 billion. Only one third of the companies saw an increase in market value, with the largest gains for Peninsula (+33.4%), Elemental (+32.1%), and Carabella (+28.9%). The report also includes a case study on how Rio Tinto-Zinc Corporation utilized capital markets to fund growth while retaining control over its businesses.
The document discusses recent developments in the uranium industry, including:
1) Despite positive news from Japan regarding nuclear power, uranium spot prices continue to fall below $36.50 per pound, possibly due to unreported secondary market sales from Japan.
2) Exploration interest is growing in Canada's Athabasca basin, particularly in the southeast area where recent high-grade discoveries have been made. Several companies are exploring properties in this region.
3) The document provides updates on uranium spot and term prices, various uranium company share prices and market caps, and uranium resources.
The QSE Index in Qatar declined 0.3% to close at 11,837.7 led by losses in the Industrials and Insurance indices. Qatar General Insurance & Reinsurance Co. and Dlala Brokerage & Investments Holding Co. were the top losers, falling 2.6% and 2.1% respectively. Volume of shares traded fell by 40.3% compared to the previous day. Regional indices were mixed with Saudi Arabia down 0.5% while Abu Dhabi rose 0.1%.
LCC Asia Pacific produces a weekly report on the Australian public companies that operate in the Resources & Energy Sectors.
Each week the LCC Asia Pacific market update covers off on Merger & Acquisition Activity, changes to stock trading prices, general corporate activity and indicative valuations
The report also details both key Australian Stock Exchange announcements that are made in relation to contractual wins or key developments as well as outlining strategic activity that has taken place in the Sector
In addition to public domain, this report is uploaded weekly to a variety of international investment banking platforms, including Bloomberg, Thomson Reuters Eikon, S & P and FACTSET
LCC Asia Pacific also provides a number of other public resources, including the Twitter Feed @MergerNews (www.twitter.com/MergerNews) which tracks all Merger & Acquisition announcements made on the Australian Stock Exchange and the Twitter Feed @ChinaBeltRoad (www.twitter.com/ChinaBeltRoad) which tracks relevant news stories and research reports relating to China’s “One Belt, One Road” initiative where LCC Asia Pacific is building out a strategic advisory practice to assist companies in becoming involved with BRI
The QE index rose 0.5% led by gains in the Real Estate and Transportation indices. Trading volume increased 80.3% compared to the previous day and 51.8% above the 30-day average. Vodafone Qatar and Mazaya Qatar Real Estate Dev. were the most active stocks. Qatar Cinema & Film Dist. Co. and Qatar Navigation were the top gainers rising 2.4% each, while Qatar General Ins. & Rein. Co. fell 4.0% as the top loser. Overall, the index rose due to buying support from Qatari shareholders despite selling pressure from non-Qatari shareholders.
The document provides an overview of the top 150 ASX listed resource companies in August 2010 by market capitalization. The total market value of the group was $485 billion, down 1.7% from July. Sentiment at the Diggers and Dealers conference in Kalgoorlie was positive, with a focus on the gold sectors in Australia and West Africa. The document also examines the economic performance of major Australian mining companies over the previous 20 years to evaluate returns for shareholders.
France will lend €300 million to Société Le Nickel, a nickel producer in New Caledonia, as it struggles with low nickel prices. The document also provides charts and summaries of recent news and price movements for various base metals, precious metals, and specialty metals. It concludes with summaries of recent funding deals, joint ventures, mergers and acquisitions in the metals industry.
Gresham "Group 150" - October 2011Darren Martin
This document is the October 2011 edition of the "Gresham Group 150", which ranks the top 150 ASX-listed resources companies by market capitalization, excluding oil and gas. It notes that in September, the total market value of these 150 companies fell by 14.2% or $72.5 billion. The cumulative market value dropped to its lowest level since they started compiling the ranking. It also reviewed companies' debt levels and found that around 80% remained in a net cash position, with average gearing slightly lower.
The QE index in Qatar gained marginally to close at 9,706.6, led by gains in the transportation and telecom indices. Doha Bank and Qatar Navigation were the top gainers, while Qatar General Insurance and Qatar German Company for Medical Devices declined the most. Overall trading volume declined by 25% compared to the previous day.
This document provides an overview of Salobo, a gold mine owned by Vale S.A. in Brazil. It summarizes the key terms of an agreement where Silver Wheaton will acquire an additional 25% of the life-of-mine gold from Salobo, increasing its total entitlement to 75%. Some key details include that Silver Wheaton will pay $800 million upfront for the increased stream and also potential expansion payments to Vale if throughput is increased. The acquisition is expected to be accretive and significantly increase Silver Wheaton's gold reserves and production.
Gresham "Group 150" - February 2012Darren Martin
The document presents rankings of the top 150 ASX-listed resource companies by market capitalization as of January 2012. It shows that the total market value of these companies increased by 11.7% during the month. Tables are included that list the top companies and their market caps, as well as rankings of share price and market cap appreciation for 2011.
The QE index in Qatar rose 0.4% led by gains in the Industrials and Telecoms indices. Regionally, indices were mixed with Saudi Arabia and Kuwait rising while Dubai fell. Top gainers in Qatar were Qatar Electricity & Water and Gulf International, while top losers were Islamic Holding Group and Ezdan Holding. Trading volume on the QE rose over 60% but was below the 30-day average.
1) Precious metals like gold and silver provide protection against inflation, political instability, and diversification benefits when included in an investment portfolio.
2) There are various ways to invest in precious metals, including through equities in mining companies, exchange-traded funds that track metal prices, or derivatives like contracts for difference whose values are based on underlying metal prices.
3) When considering investments in gold and other precious metals, factors like operating costs of mining companies and technical analyses of metal prices can provide insight into current and future value.
Gresham "Group 150" - July 2010Darren Martin
This document is the July 2010 edition of "Group 150", which ranks the top 150 ASX-listed resource companies by market capitalization, excluding oil and gas companies. It provides an overview of developments in the past year in the stock market and for these companies. The total market value of the Group 150 was down slightly from the previous month. The document also discusses some broader economic issues that could impact commodities markets, such as China's move to a managed float of its currency.
The QSE Index rose 0.4% led by gains in the Transportation and Telecom indices. Top gainers were Qatar Gas Transport Co. and Widam Food Co., rising 2.1% each, while Commercial Bank fell 0.8%. Regional markets were mixed with Dubai up 0.3% and Oman up 0.6% but Saudi Arabia down 1.5% and Abu Dhabi down 0.1%.
Australian gold mines, analysts argue, have largely become more profitable during the past year on the back of the falling local dollar and a trend for miners to axe costs.
Gresham "Group 150" - September 2011Darren Martin
The document provides a ranking of the top 150 ASX-listed resource companies in September 2011 by market capitalization, excluding oil and gas companies. It notes that in August 2011, the total market value of these companies decreased 5.3% from the previous month to $510 billion. The average premium offered in takeover transactions in the resources sector for 2011 has been 33%, down from 37-40% in 2009-2010.
Gresham "Group 150" - December 2011 (Print Pdf)Darren Martin
The document is the December 2011 edition of the "Gresham Group 150", which ranks the top 150 ASX-listed resource companies by market capitalization, excluding oil and gas companies. It notes that the resource sector continued to experience declines in November, with the Group 150 losing $32.2 billion or 6.8% over the month. Individual company market caps and rankings within the Group 150 are provided.
The document is the March 2011 edition of the "Group 150", which ranks the top 150 ASX-listed resource companies by market capitalization, excluding oil and gas companies. It notes that in February, the cumulative market value of the Group 150 increased 2.8% to $605.4 billion. Mining companies focused on gold, iron ore, and copper were seen as preferred commodities. The biggest gainers in February were Cobar (+76.4%), Atlas Iron (+72.5%), South Boulder (+72.1%), Papillon (+61.1%) and Carabella (+48.9%). The document also examines gearing levels among the Group 150 companies.
Gresham "Group 150" - August 2011Darren Martin
The document provides an overview of the top 150 ASX listed resource companies in July 2011 by market capitalization. It notes that July was the fifth consecutive month of falling market values for the Group 150 companies. The total market value was $538.5 billion in July, down from $539.9 billion in June. It also contains forward curves and price forecasts for various commodities.
The document is a monthly report from Gresham Advisory Partners presenting the top 150 ASX listed resources companies by market capitalization. In January 2021, the cumulative market value of the top 150 companies declined 2.8% from the previous month to $589.2 billion. Only one third of the companies saw an increase in market value, with the largest gains for Peninsula (+33.4%), Elemental (+32.1%), and Carabella (+28.9%). The report also includes a case study on how Rio Tinto-Zinc Corporation utilized capital markets to fund growth while retaining control over its businesses.
The document discusses recent developments in the uranium industry, including:
1) Despite positive news from Japan regarding nuclear power, uranium spot prices continue to fall below $36.50 per pound, possibly due to unreported secondary market sales from Japan.
2) Exploration interest is growing in Canada's Athabasca basin, particularly in the southeast area where recent high-grade discoveries have been made. Several companies are exploring properties in this region.
3) The document provides updates on uranium spot and term prices, various uranium company share prices and market caps, and uranium resources.
The QSE Index in Qatar declined 0.3% to close at 11,837.7 led by losses in the Industrials and Insurance indices. Qatar General Insurance & Reinsurance Co. and Dlala Brokerage & Investments Holding Co. were the top losers, falling 2.6% and 2.1% respectively. Volume of shares traded fell by 40.3% compared to the previous day. Regional indices were mixed with Saudi Arabia down 0.5% while Abu Dhabi rose 0.1%.
LCC Asia Pacific produces a weekly report on the Australian public companies that operate in the Resources & Energy Sectors.
Each week the LCC Asia Pacific market update covers off on Merger & Acquisition Activity, changes to stock trading prices, general corporate activity and indicative valuations
The report also details both key Australian Stock Exchange announcements that are made in relation to contractual wins or key developments as well as outlining strategic activity that has taken place in the Sector
In addition to public domain, this report is uploaded weekly to a variety of international investment banking platforms, including Bloomberg, Thomson Reuters Eikon, S & P and FACTSET
LCC Asia Pacific also provides a number of other public resources, including the Twitter Feed @MergerNews (www.twitter.com/MergerNews) which tracks all Merger & Acquisition announcements made on the Australian Stock Exchange and the Twitter Feed @ChinaBeltRoad (www.twitter.com/ChinaBeltRoad) which tracks relevant news stories and research reports relating to China’s “One Belt, One Road” initiative where LCC Asia Pacific is building out a strategic advisory practice to assist companies in becoming involved with BRI
The QE index rose 0.5% led by gains in the Real Estate and Transportation indices. Trading volume increased 80.3% compared to the previous day and 51.8% above the 30-day average. Vodafone Qatar and Mazaya Qatar Real Estate Dev. were the most active stocks. Qatar Cinema & Film Dist. Co. and Qatar Navigation were the top gainers rising 2.4% each, while Qatar General Ins. & Rein. Co. fell 4.0% as the top loser. Overall, the index rose due to buying support from Qatari shareholders despite selling pressure from non-Qatari shareholders.
The document provides an overview of the top 150 ASX listed resource companies in August 2010 by market capitalization. The total market value of the group was $485 billion, down 1.7% from July. Sentiment at the Diggers and Dealers conference in Kalgoorlie was positive, with a focus on the gold sectors in Australia and West Africa. The document also examines the economic performance of major Australian mining companies over the previous 20 years to evaluate returns for shareholders.
France will lend €300 million to Société Le Nickel, a nickel producer in New Caledonia, as it struggles with low nickel prices. The document also provides charts and summaries of recent news and price movements for various base metals, precious metals, and specialty metals. It concludes with summaries of recent funding deals, joint ventures, mergers and acquisitions in the metals industry.
Gresham "Group 150" - October 2011Darren Martin
This document is the October 2011 edition of the "Gresham Group 150", which ranks the top 150 ASX-listed resources companies by market capitalization, excluding oil and gas. It notes that in September, the total market value of these 150 companies fell by 14.2% or $72.5 billion. The cumulative market value dropped to its lowest level since they started compiling the ranking. It also reviewed companies' debt levels and found that around 80% remained in a net cash position, with average gearing slightly lower.
The QE index in Qatar gained marginally to close at 9,706.6, led by gains in the transportation and telecom indices. Doha Bank and Qatar Navigation were the top gainers, while Qatar General Insurance and Qatar German Company for Medical Devices declined the most. Overall trading volume declined by 25% compared to the previous day.
This document provides an overview of Salobo, a gold mine owned by Vale S.A. in Brazil. It summarizes the key terms of an agreement where Silver Wheaton will acquire an additional 25% of the life-of-mine gold from Salobo, increasing its total entitlement to 75%. Some key details include that Silver Wheaton will pay $800 million upfront for the increased stream and also potential expansion payments to Vale if throughput is increased. The acquisition is expected to be accretive and significantly increase Silver Wheaton's gold reserves and production.
Gresham "Group 150" - February 2012Darren Martin
The document presents rankings of the top 150 ASX-listed resource companies by market capitalization as of January 2012. It shows that the total market value of these companies increased by 11.7% during the month. Tables are included that list the top companies and their market caps, as well as rankings of share price and market cap appreciation for 2011.
The QE index in Qatar rose 0.4% led by gains in the Industrials and Telecoms indices. Regionally, indices were mixed with Saudi Arabia and Kuwait rising while Dubai fell. Top gainers in Qatar were Qatar Electricity & Water and Gulf International, while top losers were Islamic Holding Group and Ezdan Holding. Trading volume on the QE rose over 60% but was below the 30-day average.
1) Precious metals like gold and silver provide protection against inflation, political instability, and diversification benefits when included in an investment portfolio.
2) There are various ways to invest in precious metals, including through equities in mining companies, exchange-traded funds that track metal prices, or derivatives like contracts for difference whose values are based on underlying metal prices.
3) When considering investments in gold and other precious metals, factors like operating costs of mining companies and technical analyses of metal prices can provide insight into current and future value.
Gresham "Group 150" - July 2010Darren Martin
This document is the July 2010 edition of "Group 150", which ranks the top 150 ASX-listed resource companies by market capitalization, excluding oil and gas companies. It provides an overview of developments in the past year in the stock market and for these companies. The total market value of the Group 150 was down slightly from the previous month. The document also discusses some broader economic issues that could impact commodities markets, such as China's move to a managed float of its currency.
The QSE Index rose 0.4% led by gains in the Transportation and Telecom indices. Top gainers were Qatar Gas Transport Co. and Widam Food Co., rising 2.1% each, while Commercial Bank fell 0.8%. Regional markets were mixed with Dubai up 0.3% and Oman up 0.6% but Saudi Arabia down 1.5% and Abu Dhabi down 0.1%.
Australian gold mines, analysts argue, have largely become more profitable during the past year on the back of the falling local dollar and a trend for miners to axe costs.
This weekly report from Lincoln Crowne & Company provides a summary of commodity prices, currency exchange rates, and stock market indices for the past week. It also includes brief summaries of company news and analyst commentary related to copper, gold, and mining companies. The report contains a disclaimer stating that Lincoln Crowne does not guarantee the accuracy of the information and makes no recommendations.
The document provides a weekly report on the Australian copper and gold markets. It includes the following key points:
1) Preliminary data shows the global refined copper market had a 193,000 tonne deficit in 2013, compared to a 266,000 tonne deficit in 2012, indicating the market was not in a surplus as previously expected.
2) Chinese refined copper output rose 6.6% in the first two months of 2014, while several large Chinese smelters have agreed to jointly boost copper exports to cope with low domestic prices.
3) A technical problem at Jinchuan Group will reduce its copper and nickel production over the next 3-4 months as it repairs oxygen production facilities.
Lincoln Crowne weekly report covering the Australian copper & Gold Sectors. Dominant theme this week the performance of the AUD vs USD and its impact on the Australian sector producers.
This document provides a weekly report on copper and gold markets from Lincoln Crowne & Company. It includes summaries of commodity prices, exchange rates, and stock market indexes. It also summarizes news from several Australian copper and gold mining companies, including production results from Sandfire Resources and cost reductions at Discovery Metals' Botswana project. Key mining sector challenges mentioned are falling gold ETF holdings and expected impairments and cuts at AngloGold Ashanti.
Copper prices have plummeted over the past week due to slowing economic growth in China and fears over the Chinese credit situation. Copper inventories have risen on the Shanghai exchange but fallen on the LME and COMEX, decreasing global stockpiles. European manufacturers are in a favorable position due to the copper price drop and a stronger euro. Chinese funds have been betting against copper due to concerns over Chinese demand and credit issues potentially unwinding financing deals.
1) The report discusses how global copper premiums are expected to increase by 50% in 2014 due to strong underlying demand from China and tight supply.
2) It provides an overview of the performance of commodity prices and global stock markets for the past week.
3) The report analyzes several Australian copper and gold mining companies, providing details on their projects, resources, costs, and recent share price movements.
The document is Lincoln Crowne & Company's weekly Australian copper and gold report dated November 25th, 2013. It provides an overview and analysis of precious and base metals prices, currency exchange rates, and stock market indices for the past week. It also discusses mergers and acquisitions in the mining sector, updates from major mining companies, and provides a summary of emerging copper and gold producers and copper producers listed on the Australian Securities Exchange.
The document is a report from Oz Metals summarizing base and precious metal market fundamentals and company news. It discusses an expected intensification of the zinc market deficit in 2015 according to Glencore's annual report. It also provides updates on various mining company deals, operations, and commodity prices. Charts of company share prices and financial data are included.
This report from Oz Metals provides a summary and analysis of base and precious metal prices and mining company stocks. It includes charts showing price trends for commodities like copper, gold, and nickel over the past year. The report also summarizes recent deals, funding announcements, and production updates in the mining industry, such as a potential supply deal between Western Areas and a Chinese company and lower copper production forecasts from Codelco. Tables list major companies in commodities like bauxite, copper, lithium, and gold, along with their stock prices and market capitalizations.
The document is a report from Terra Studio providing analysis and commentary on base and precious metal markets and companies. It discusses investigations into potential manipulation of precious metals markets by major banks. It also discusses mining company deals, including X2 Resources raising $5.6 billion to acquire mining assets and Newcrest Mining reducing its stake in Evolution Mining. Tables provide pricing and company details on companies involved in bauxite, lithium, tin, nickel, copper and gold.
This weekly report from Lincoln Crowne & Company provides an overview of the copper and gold markets and notable company announcements:
- Copper and gold prices rebounded on signals the US Fed may maintain economic stimulus. Freeport resumed shipments from Grasberg and Rio Tinto shipped first copper from Oyu Tolgoi.
- China's copper imports in June rose nearly 6% from May to the highest level since September 2012. However, H1 2013 imports are down 15% year-on-year.
- The DRC delayed a ban on copper and cobalt concentrate exports until year-end to allow miners to clear stockpiles. Codelco needs more funding to achieve its production targets.
The document provides market data and analysis on commodities, currencies, and global stock indices. It discusses Chile raising its copper output forecast for 2013 and increasing its expected global copper surplus. It also mentions Codelco, the world's largest copper producer, may have its funding model reviewed to help finance its investment plan. Additionally, the document profiles several emerging copper companies and copper producers, providing details on their projects, resources, production, and costs.
A$ zinc price reaches a 5-year high. The fundamentals of the zinc market keep on improving. Update on metals market and junior mining companies listed on the Australian Securities Exchange
This report provides a summary of commodity prices and exchange rates as of 24 June 2013. It also discusses recent market movements in base and precious metals prices following comments from the US Federal Reserve about tapering monetary policy. The report analyzes several Australian copper producers, providing details on production costs, reserves, and recent guidance. It notes Tiger Resources has increased 2013 production guidance for its Kipoi copper project in the Democratic Republic of Congo.
Gold prices have swung into defensive mode on fresh signs of resurgence in the U.S. economy, wilting the metal's safe haven appeal. Update on metals market and junior mining companies listed on the Australian Securities Exchange
This report provides a weekly summary of commodity prices and economic indicators related to copper and gold. It discusses recent developments at major copper and gold companies, including lower production at Codelco, new copper concentrate pricing indexes, and labor issues at Glencore Xstrata's Tintaya-Antapaccay mine in Peru. It also notes that China's copper consumption is expected to rise by 700,000 tonnes in 2014 while production could increase 600,000-650,000 tonnes. Gold prices broke through a key support level and net gold imports to China through Hong Kong in the first two months of the year rose almost 140% compared to the same period in 2013.
PCF Capital's Resources Thermometer - October 2015Darren Martin
This document provides an analysis of 150 Australian resources companies by market capitalization as of September 30, 2015. It includes summaries of commodity price forecasts, executive remuneration analysis, and highlights recent transactions and company performance in the gold, copper, nickel, and iron ore sectors. The total value of the 150 companies decreased 8% from the previous month to $257 billion, with declines seen across most sectors except for gold.
This document is a newsletter from Oz Metals that provides analysis and commentary on base metals and precious metals markets. It discusses movements in the prices of copper, nickel, tin, zinc, gold and silver based on data from commodity exchanges. It also summarizes recent news about mining projects and companies, including developments related to copper, nickel, lithium, graphite and diamonds. The newsletter is produced by Terra Studio and comes with a disclaimer about the accuracy of the information.
Glencore has suspended 500,000 tonnes of annual zinc production capacity. The zinc market is expected to experience a supply deficit this year due to mine closures and production cuts. While China may increase small-scale zinc mine production, global zinc output is still forecast to fall 1.4% overall. The zinc price rally is developing faster than in the past decade due to tightening raw material supply, but substantial hidden zinc stockpiles could delay price increases if released onto the market.
The document is an issue of Oz Metals, a metals industry publication, dated May 8th 2016. It provides analysis and commentary on base metals, precious metals, and mineral markets. It also reports on mining project developments, production updates, and industry deals. The front page highlights that Rio Tinto has approved a $5.3 billion expansion of the Oyu Tolgoi copper mine in Mongolia.
This document is a newsletter from Terra Studio that provides a weekly summary and analysis of base metals, precious metals, and specialty metals markets. It includes summaries of company production reports and project developments, as well as discussions of macroeconomic influences and industry trends. The newsletter disclaims liability for any actions taken based on its analysis and advises readers to consult financial advisors.
China's copper imports hit a record high in March, driving up first quarter imports 30% compared to the previous year. Rising copper prices in China encouraged smelters to restart output, which may decrease prices. Germany and China are interested in investing in copper smelters in Chile. China's growing gold investment drove inflows into gold funds and new financial products.
- The document is a 50th edition report from Oz Metals that provides commentary and analysis on base metal, precious metal and specialty metal markets and companies.
- It discusses recent news and developments in commodities like copper, lithium, nickel, zinc and gold, including things like Thomson Reuters releasing its annual copper survey forecasting a surplus and LME copper price predictions.
- The report also provides updates on mining companies and projects involving metals like lithium, graphite, rare earths, uranium and vanadium.
Several investors are betting that mining stock prices will decrease by shorting major companies like Rio Tinto and BHP Billiton. Global mining firms like Glencore and Anglo American have bought back billions in debt to ease investor concerns over leverage. Codelco, Chile's state-owned copper miner, may open parts of the company to the stock exchange to fund international expansion. Analysts are uncertain how changes in unreported Chinese copper stocks will impact global supply and demand balances.
The document is an issue of Oz Metals, a report published by Terra Studio, that provides information on base and precious metal markets and mining industry news. It includes a disclaimer, and discusses zinc treatment charges being 23% lower in 2016, Fortescue Metals looking to invest in lithium, graphite and copper, and updates on various mining projects and companies around the world.
This report provides a summary of metals markets and major company news. It includes the following key points:
- Copper stocks in China have more than doubled this year hitting a record, while LME copper stocks have decreased by 33%.
- The global nickel market was in an 8,100 tonne deficit in January, signaling lower prices are reducing output.
- Mining company MMG is ramping up copper production at its Las Bambas mine in Peru as copper prices rebound.
- Funds specializing in troubled assets are expected to drive more deals in the mining sector as low commodity prices continue.
China's economic troubles are negatively impacting commodity prices. The 42nd edition of Oz Metals provides an overview of developments in base metals, precious metals, and specialty metals markets. It includes commentary on production levels, project developments, funding and M&A activity in the mining sector.
Copper and nickel are there. So too is aluminium. Tin was there last month. And as for iron ore, well, it's already gone there and beyond. As industrial metal prices sink ever lower, the historical reference point becomes ever starker.
What does gold have in common with iron ore and coal? All three are travelling down the same road of structural oversupply, softer demand growth and severe cost-cutting by their producers.
This document is a 38th edition newsletter from Oz Metals dated July 19th, 2015 that provides a summary and analysis of metals prices and major developments in the mining industry. It discusses declines in gold and copper prices, rising Chinese copper production, challenges to increasing transparency in India's gold market, leadership changes at Nyrstar, and advancements or challenges for various mining projects around the world. The newsletter is provided as general information and readers are advised to consult professionals before taking investment actions based on its contents.
This document is a 38th edition newsletter from Oz Metals dated July 19th, 2015. It provides a disclaimer and then summarizes recent developments in base and precious metal markets, major company news, and funding/M&A transactions. The summaries focus on gold, copper, nickel, tin, zinc, and specialty metals. Specific stories cover Barrick Gold hitting a 25-year low, China's copper imports and production, India's efforts to increase gold transaction transparency, and leadership changes at Nyrstar.
China's stock market plunge caused panic selling of base and precious metals as well as lower commodity purchases in China. Copper prices on the LME touched a six-year low while large Chinese copper smelters lowered treatment charges for copper concentrate imports. Nickel producers in Indonesia may build fewer new smelters than planned due to low prices. Several companies bid on Barrick Gold's Zaldivar copper mine in Chile. Neometals leased lithium rights and purchased infrastructure from Metals X.
The document is a newsletter from Terra Studio providing a summary of developments in base and precious metals markets. It discusses China's plans to establish a yuan gold price benchmark as a step to increase Asia's influence over gold pricing. It also summarizes news about production volumes for copper, gold and other metals, as well as financing deals and acquisitions in the mining industry. The newsletter is presented in good faith but readers are advised to seek their own professional investment advice.
- The global gold mining industry is showing signs of recovery as merger activity has picked up, with almost $3 billion in gold mining mergers and acquisitions in the first five months of 2015.
- Mining companies are consolidating and restructuring as gold prices remain weak, with mature assets being acquired and the next tier of targets coming into play.
- The document provides an overview of market fundamentals, major company developments, and M&A activity across base metals and precious metals.
This report summarizes recent developments in base and precious metal markets and the mining industry. It provides commentary on commodity price movements for copper, gold, nickel, zinc and aluminum. It also discusses recent mergers, acquisitions, and funding deals including Glencore's acquisition of Western Areas' Cosmos nickel project and Zijin Mining's takeover of Norton Gold Fields. The report disclaims liability for any actions taken based on its analysis and advises readers to consult financial advisors.
This document is a newsletter from Oz Metals that provides a disclaimer and then summarizes:
1) Base metal and precious metal prices and inventories over time, including copper, gold, nickel, tin, and zinc.
2) News and analysis regarding major base and precious metal mining companies, including Codelco, Antofagasta, Turquoise Hill Resources, and Vedanta Resources.
3) Updates on funding, mergers and acquisitions within the mining industry, including the potential sale of Barrick Gold's Cowal gold mine in Australia.
This document provides a summary of metals markets and major company news. It discusses copper being at the centre of a new metal age, with prices of copper and other base metals rebounding from lows. It notes mining companies cutting costs amid lower prices. Major projects for copper producers like Codelco are discussed. The document also summarizes M&A activity, funding news, and provides commentary on other base metals markets and lithium/tantalum sectors.
1. Oz Metals
12th Oct 2014
DISCLAIMER
This report is provided in good faith from sources believed to be accurate and reliable. Terra Studio Pty Ltd directors and employees do not accept liability
for the results of any action taken on the basis of the information provided or for any errors or omissions contained therein. Readers should seek
investment advice from their professional advisors before acting upon information contained herein.
Page 1 / 3
Terra Studio
BAUXITE OPPORTUNITY FOR AUSTRALIA
Base & Precious Metals Fundamentals
Sources: Metal Prices, RBA, Terra Studio
$40
$45
$50
$55
$60
$65
$70
Jan-13
Apr-13
Jul-13
Oct-13
Jan-14
Apr-14
Jul-14
CIF Price of Chinese Imports
Bauxite
US$/t
$A/t
$2.80
$2.90
$3.00
$3.10
$3.20
$3.30
$3.40
$3.50
$3.60
$3.70
$3.80
0
100
200
300
400
500
600
700
800
900
1,000
Jan-13
Apr-13
Jul-13
Oct-13
Jan-14
Apr-14
Jul-14
Oct-14
Thousand Tonnes
Copper
SHFE
COMEX
LME
US$
A$
$15.0
$17.5
$20.0
$22.5
$25.0
$27.5
$30.0
$32.5
$35.0
Silver
A$
US$
$1,000
$1,100
$1,200
$1,300
$1,400
$1,500
$1,600
$1,700
$1,800
Jan-13
Apr-13
Jul-13
Oct-13
Jan-14
Apr-14
Jul-14
Oct-14
Gold
A$
US$
$5
$6
$7
$8
$9
$10
0
100
200
300
400
500
Jan-13
Apr-13
Jul-13
Oct-13
Jan-14
Apr-14
Jul-14
Oct-14
Thousand Tonnes
Nickel
LME
US$
A$
$0.75
$0.80
$0.85
$0.90
$0.95
$1.00
$1.05
$1.10
$1.15
$1.20
0
200
400
600
800
1,000
1,200
1,400
1,600
1,800
Jan-13
Apr-13
Jul-13
Oct-13
Jan-14
Apr-14
Jul-14
Oct-14
Thousand Tonnes
Zinc
SHFE
LME
US$
A$
2. Oz Metals
12th Oct 2014
DISCLAIMER
This report is provided in good faith from sources believed to be accurate and reliable. Terra Studio Pty Ltd directors and employees do not accept liability
for the results of any action taken on the basis of the information provided or for any errors or omissions contained therein. Readers should seek
investment advice from their professional advisors before acting upon information contained herein.
Page 2 / 3
Terra Studio
Markets & Majors
Alcoa expects aluminium demand to outpace supply by
671,000 tonnes this year, down from a previous estimate of
930,000 tonnes.
Anglo American plans to start the sale of non-core copper
assets in Chile, including three mines and a smelter, as it
shifts focus to more profitable operations in the country,
Bloomberg News reported Oct. 7, citing people with
knowledge of the matter. The assets, valued at US$1 billion,
reportedly include the Mantoverde and Mantos Blancos
mines, as well as the company's 50.1% interests in the El
Soldado property and Chagres smelter.
Aurubis, the biggest producer of refined copper in Europe,
will charge higher copper premiums by 4.8% next year,
Bloomberg News reported. The company will collect
US$110 a metric tonne on top of the copper prices on the
London Metal Exchange, up from US$105/t this year.
Codelco is now considering a step-by-step expansion of the
Andina mine (the largest of seven structural projects and the
only project expected to increase the production of the state
company, capex US$8.3 billion). The project is expected to
be operational by 2023 and increase the copper production
of the division by 343,000 tpa.
Thomson Reuters - Commodities trader and miner Glencore
has considered a secondary listing in Australia over the last
year, eyeing the potential to tap a market with mining
experience and captive funds, a source with direct
knowledge of the matter said. Glencore listed on the London
market in 2011, with a secondary listing in Hong Kong,
marking the end of almost four decades as a privately held
firm. It listed in South Africa late last year to attract funds
trapped by caps on foreign investment.
The World Gold Council called on the Indian government to
find ways to mobilize and monetize up to 25,000 tonnes of
gold held idle in Indian households and temples. This could
reduce the government's reliance on imports in the next five
years, according to the council.
Deals & Transactions
Australian molybdenum explorer Dart Mining received a
A$13.5 million takeover bid from a Marshall Islands-registered
company, which made an indicative and
incomplete nonbinding cash-and-scrip offer of 6.5¢ per
share.
Western Areas signed agreements with Gunson Resources
and Monax Mining allowing the company to acquire a 90%
interest in key tenements in South Australia totalling about
2,746 km2. Western Areas could initially earn a 75% interest
in Gunson's Fowlers Bay nickel project by spending
A$800,000 within 2.5 years and in three tenements
comprising Monax's Western Gawler Craton project by
spending at least A$400,000 in 2.5 years as well.
Nyrstar has sold a part of its future silver production at Port
Pirie, South Australia to raise €79 million for the
redevelopment of the lead smelter at the site, Metal Bulletin
wrote.
Silver Lake Resources will lease its Murchison gold mill and
associated infrastructure to a private consortium for 10
months, starting by January next year. The company will
receive a total of A$7.9 million for the initial lease term.
Bauxite Sector
Source: ASX
Copper Producers
Source: SNL
Copper Developers & Explorers
Source: SNL
Code Company Name
Close
Price
Week r YTD r 52 Week
Range
Market Cap
(A$m)
Cash
(A$m)
TEV
(A$m)
ABX Australian Bauxite 0.35 ▲ 21% 59% 44 2 42
BAU Bauxite Resources 0.13 ▲ 8% 8% 30 41 (11)
CBX Cape Alumina 0.023 — 0% (23%) 6 1 4
Code Company Name
Close
Price
Week r YTD r 52 Week
Range
Market Cap
(A$m)
Cash
(A$m)
TEV
(A$m)
TEV/
EBITDA
ABY Aditya Birla Minerals 0.22 ▼ (9%) (37%) 67 137 (69) NM
AOH Altona Mining 0.23 ▼ (2%) 39% 123 18 108 3.0x
DML Discovery Metals 0.030 — 0% (43%) 19 5 139 2.4x
HGO Hillgrove Resources 0.54 ▼ (6%) (25%) 80 16 94 2.3x
KBL KBL Mining 0.040 ▼ (9%) (9%) 16 7 31 1.9x
OZL OZ Minerals 3.68 ▼ (2%) 17% 1,117 364 962 5.2x
PNA PanAust 1.77 ▼ (1%) (2%) 1,127 146 1,343 NA
SFR Sandfire Resources 5.50 ▲ 0% (15%) 856 58 959 4.4x
SRQ Straits Resources 0.005 — 0% (38%) 6 13 129 17.5x
TGS Tiger Resources 0.24 ▼ (4%) (30%) 252 42 381 NA
985 CST Mining 0.007 ▲ 9% (30%) 189 146 33 NM
1208 MMG 0.41 ▼ (1%) 71% 2,194 154 4,109 4.5x
3993 China Molybdenum 0.71 ▼ (1%) 38% 6,164 347 6,880 NA
MWE Mawson West 0.19 — 0% (67%) 33 54 28 NM
Code Company Name
Close
Price
Week r YTD r 52 Week
Range
Market Cap
(A$m)
Cash
(A$m)
TEV
(A$m)
ARE Argonaut Resources 0.019 ▲ 12% (20%) 8 2 5
AVB Avanco Resources 0.090 ▲ 3% 27% 150 32 117
AVI Avalon Minerals 0.004 ▼ (33%) (60%) 6 1 5
AZS Azure Minerals 0.024 — 0% (20%) 19 1 18
BMB Balamara Resources 0.065 — 0% (32%) 23 0 23
BTR Blackthorn Resources 0.27 ▲ 2% 2% 44 12 31
CDU CuDeco 1.39 ▼ (3%) (23%) 326 9 317
ENR Encounter Resources 0.23 ▼ (10%) 18% 30 4 26
ERM Emmerson Resources 0.032 ▼ (11%) (17%) 12 2 10
FND Finders Resources 0.160 — 0% (23%) 108 8 92
GCR Golden Cross Resources 0.105 ▲ 5% 5% 10 2 7
GPR Geopacific Resources 0.069 ▲ 8% 130% 20 3 20
HMX Hammer Metals 0.230 ▲ 5% (46%) 80 13 78
HAV Havilah Resources 0.069 ▲ 8% 130% 20 3 20
HCH Hot Chili 0.23 ▲ 5% (46%) 80 13 78
IAU Intrepid Mines 0.27 ▼ (2%) (14%) 151 11 (8)
IRN Indophil Resources 0.28 — 0% 70% 337 215 128
KDR Kidman Resources 0.065 ▼ (7%) (65%) 7 3 5
KGL KGL Resources 0.25 ▲ 11% 133% 34 7 20
MEP Minotaur Exploration 0.16 ▼ (9%) 10% 24 5 20
MNC Metminco 0.016 ▼ (6%) (48%) 28 8 25
PEX Peel Mining 0.080 ▼ (13%) (69%) 11 3 7
RDM Red Metal 0.15 ▼ (14%) 0% 26 2 25
RXM Rex Minerals 0.24 ▼ (11%) (51%) 52 3 49
SMD Syndicated Metals 0.042 ▲ 11% 24% 12 2 9
SRI Sipa Resources 0.034 ▼ (11%) (39%) 12 2 9
SUH Southern Hemisphere 0.066 — 0% 33% 16 2 14
THX Thundelarra Resources 0.095 ▼ (5%) 150% 30 1 30
TLM Talisman Mining 0.12 ▼ (11%) 14% 16 16 (0)
XAM Xanadu Mines 0.11 ▼ (12%) 120% 27 4 28
3. Oz Metals
12th Oct 2014
DISCLAIMER
This report is provided in good faith from sources believed to be accurate and reliable. Terra Studio Pty Ltd directors and employees do not accept liability
for the results of any action taken on the basis of the information provided or for any errors or omissions contained therein. Readers should seek
investment advice from their professional advisors before acting upon information contained herein.
Page 3 / 3
Terra Studio
Gold Producers
Source: SNL
Gold Developers & Explorers
Source: SNL
Nickel Sector
Source: SNL
Zinc & Poly-metallic Sector
Source: SNL
For further information, please contact:
JF Bertincourt
m +61 406 998 779
jf@terrastudio.biz
Code Company Name
Close
Price
Week r YTD r 52 Week
Range
Market Cap
(A$m)
Cash
(A$m)
TEV
(A$m)
TEV/
EBITDA
AGD Austral Gold 0.12 ▼ (8%) 0% 20 NA 80 6.8x
ALK Alkane Resources 0.21 ▼ (5%) (40%) 85 16 69 10.2x
AMI Aurelia Metals 0.36 ▲ 8% 54% 122 22 207 NM
BDR Beadell Resources 0.36 ▼ (11%) (55%) 284 10 345 2.8x
DRM Doray Minerals 0.49 ▼ (4%) (13%) 80 16 80 2.5x
EVN Evolution Mining 0.74 ▲ 4% 20% 524 32 654 3.2x
IGO Independence Group 4.06 ▼ (2%) 31% 951 57 922 6.6x
KCN Kingsgate Consolidated 0.69 ▼ (3%) (22%) 154 54 254 NM
KRM Kingsrose Mining 0.41 ▲ 9% 22% 147 7 153 NM
LSA Lachlan Star 0.075 — 0% (63%) 11 2 28 10.5x
MIZ Minera Gold 0.005 — 0% (29%) 12 0 17 NM
MLX Metals X 0.21 ▼ (7%) 21% 339 57 283 4.0x
MML Medusa Mining 0.72 ▼ (10%) (65%) 149 14 144 2.7x
MOY Millennium Minerals 0.078 ▲ 1% (59%) 17 2 55 5.6x
NCM Newcrest Mining 9.64 ▼ (6%) 24% 7,386 141 11,447 NM
NGF Norton Gold Fields 0.13 ▼ (7%) (4%) 121 38 222 NA
NST Northern Star Resources 1.21 ▼ (5%) 54% 711 82 634 7.6x
OGC OceanaGold Corp. 2.45 ▲ 4% 46% 739 28 864 3.8x
PGI PanTerra Gold 0.035 ▼ (8%) (15%) 29 6 94 4.7x
PRU Perseus Mining 0.34 ▲ 3% 39% 179 37 149 26.9x
RMS Ramelius Resources 0.045 ▼ (4%) (53%) 21 12 11 NM
RRL Regis Resources 1.52 ▼ (5%) (48%) 757 7 791 NM
RSG Resolute Mining 0.40 ▼ (10%) (28%) 256 19 288 2.7x
SAR Saracen Mineral Holdings 0.33 ▼ (10%) 80% 258 36 236 5.6x
SLR Silver Lake Resources 0.36 ▼ (8%) (34%) 179 24 168 NM
SBM St Barbara 0.13 ▼ (10%) (50%) 63 79 324 NM
TBR Tribune Resources 2.78 ▼ (6%) 19% 140 11 154 9.0x
TRY Troy Resources 0.71 ▼ (4%) (10%) 138 43 135 NM
UML Unity Mining 0.010 ▲ 25% (76%) 11 7 5 NM
Code Company Name
Close
Price
Week r YTD r 52 Week
Range
Market Cap
(A$m)
Cash
(A$m)
TEV
(A$m)
ABU ABM Resources 0.37 ▲ 1% 11% 100 10 90
AWV Anova Metals 0.040 ▼ (7%) 100% 9 1 7
AZM Azumah Resources 0.034 ▼ (3%) 21% 13 4 11
BAB Bullabulling Gold 0.078 — 0% 73% 27 4 25
BLK Blackham Resources 0.14 ▼ (7%) (21%) 16 1 16
BSR Bassari Resources 0.016 ▼ (6%) 100% 19 - 19
CHN Chalice Gold Mines 0.12 ▼ (4%) (15%) 33 44 (11)
DCN Dacian Gold 0.32 ▼ (3%) 33% 23 11 12
EXG Excelsior Gold 0.063 ▼ (3%) (9%) 28 1 28
FML Focus Minerals 0.012 — 0% 0% 110 81 109
GCY Gascoyne Resources 0.15 ▼ (6%) 7% 25 1 24
GMR Golden Rim Resources 0.010 — 0% (9%) 11 1 12
GOR Gold Road Resources 0.25 ▼ (14%) 153% 148 10 139
GRY Gryphon Minerals 0.13 — 0% (26%) 50 34 15
IDC Indochine Mining 0.016 ▼ (11%) (63%) 19 0 21
KGD Kula Gold 0.078 ▲ 11% (26%) 12 3 12
MSR Manas Resources 0.027 ▼ (7%) (16%) 12 6 10
MUX Mungana Goldmines 0.145 ▲ 7% 437% 24 5 19
MYG Mutiny Gold 0.034 ▼ (3%) 8% 23 3 20
OBS Orbis Gold 0.42 ▲ 20% 68% 105 5 100
OGX Orinoco Gold 0.092 ▼ (8%) (28%) 11 1 12
PIR Papillon Resources 1.49 — 0% 52% 532 53 492
PXG Phoenix Gold 0.10 ▼ (7%) (37%) 36 9 27
RED Red 5 0.085 — 0% (3%) 65 38 26
RNI Resource & Investment 0.12 ▼ (11%) 126% 51 2 63
RNS Renaissance Minerals 0.069 ▼ (1%) 15% 28 2 26
SIH Sihayo Gold 0.018 — 0% (40%) 18 0 14
SXG Southern Cross Goldfields 0.013 ▲ 8% 0% 13 3 16
TAM Tanami Gold 0.015 ▼ (12%) (32%) 18 1 24
WPG WPG Resources 0.042 ▼ (9%) 45% 11 5 6
Code Company Name
Close
Price
Week r YTD r 52 Week
Range
Market Cap
(A$m)
Cash
(A$m)
TEV
(A$m)
TEV/
EBITDA
IGO Independence Group 4.06 ▼ (2%) 31% 951 57 922 6.6x
MCR Mincor Resources 0.56 ▼ (3%) (7%) 104 26 82 2.6x
PAN Panoramic Resources 0.64 ▲ 1% 154% 205 64 149 3.1x
WSA Western Areas 4.19 ▼ (3%) 77% 975 231 962 6.7x
AVQ Axiom Mining 0.019 ▲ 19% 27% 63 0 62 NM
CZI Cassini Resources 0.18 ▼ (10%) 250% 20 8 12 NM
LEG Legend Mining 0.009 ▼ (10%) 13% 18 5 14 NM
PIO Pioneer Resources 0.02 ▼ (11%) 33% 10 1 8 NM
POS Poseidon Nickel 0.20 ▲ 3% 163% 103 4 133 NM
SEG Segue Resources 0.013 ▲ 18% 225% 20 1 18 NA
SGQ St George Mining 0.10 ▼ (27%) 0% 11 1 9 NA
SIR Sirius Resources 2.77 ▼ (8%) 22% 946 59 887 NM
WIN Winward Resources 0.20 ▼ (5%) 0% 13 6 7 NM
Code Company Name
Close
Price
Week r YTD r 52 Week
Range
Market Cap
(A$m)
Cash
(A$m)
TEV
(A$m)
AQR Aeon Metals 0.13 ▼ (16%) 0% 40 5 47
CCU Cobar Consolidated 0.058 — 0% (52%) 19 6 31
HRR Heron Resources 0.15 ▼ (6%) 7% 54 40 17
IBG Ironbark Zinc 0.10 — 0% 72% 44 2 42
IPT Impact Minerals 0.022 ▼ (12%) (45%) 12 1 12
IVR Investigator Resources 0.025 ▼ (4%) (47%) 12 3 9
MRP MacPhersons Resources 0.14 ▲ 4% (22%) 42 7 35
ROL Robust Resources 0.48 ▼ (1%) 36% 93 17 79
RXL Rox Resources 0.043 ▲ 2% 30% 36 3 34
TZN Terramin Australia 0.072 ▼ (4%) 157% 95 5 144
VXR Venturex Resources 0.006 — 0% (40%) 9 3 6