MakCorp News

Catch up with all the ASX Resource sector news

for Week Ending 9th February 2024

MakCorp provides comprehensive data for research, analysis, insights, M & A, trends and reports for the ASX Resource sector.


Whats in MakCorp News;


  1. Project Updates (Drilling, JORCs, Locations, M & A, Priority Commodity
  2. Market Data - Weekly performance for stocks, commodities, project regions
  3. Financials - See currently quarterly spend
  4. Director Updates (Remuneration, appointment & resignations, & share trades
  5. Capital Raises - Over 850m raised for the week
  6. Client News
  7. MakCorp Update


MakCorp offers you the ASX Resource data for,


  1. Projects (Drilling, JORCs, Locations, M & A, Priority Commodity & More)
  2. Market Data (Share Price & Market Cap Performance)
  3. Financials (Quarterlies, Half Yearly & Annual Reports)
  4. Directors (Remuneration, Shareholdings, Experience & More)
  5. Capital Raise (Amount Raised, Lead Manager, Raise Type & More)
  6. Shareholders (Top 20 Shareholders, Daily & Annual Top 20)


To see any or all the above information subscribe to MakCorp today!

1.PROJECT UPDATES (Drilling, JORCs, Studies & More)


There were over 150 project updates with 128 ASX Companies week ending 09/02/24. This included


  • 83 with Drilling activity including 40 with assay results
  • 66 with field activity
  • 10 JORC updates
  • 9 Study Updates
  • 6 Production updates
  • 2 Court Updates
  • 2 for sale
  • 2 sold


Click here to book demo of MakCorp

Top 2 Drilling Assays by Grade & Intersect

As you can see, some outstanding results with drilling last week with strong grades for $FEG & FTL. Great intersects with $SQX & $ASO

2.MARKET DATA - WEEKLY PERFORMANCE

Below is the weekly % gain/loss for the ASX Resource sector for the last 12 weeks.

Top 20 best performing stocks by % gain for WE 09/02/24

Bottom 20 worse performing stocks by % gain for WE 09/02/24

ASX Resource Commodities performance by weekly average % gain/loss

ASX Resource Project Region/Area performance by weekly average % gain/loss

3.FINANCIALS - QUARTERLY REPORTS

Most Quarterlies for 2024Q2 have now been released and in the MakCorp platform. There are still a few more to come once they have been released.


Project spend is down slightly this quarter would feel its mostly due to the Christmas break. Just over 2.5b spend on projects and 854m on staff/admin.

4.DIRECTORS UPDATE

For week ending 09/02/24 there were 38 Director updates with 19 ASX Resource companies. Updates include

  • Appointments & Resignations
  • Remuneration
  • Directors Shares

Below are the Director Trades including


  1. Top 10 Director On Market & Share Placement Trades
  2. Director Sells
  3. Top 10 by Company

5.CAPITAL RAISES

The ASX Resource is facing many challenges, including raising capital, however the week ending 09/02/24 close to 860m was raised during that week. Close to half that amount raised was with Capstone Copper Corp $CSC raising over 400m AUD. There was 26 capital raises with 22 ASX Resource companies.

6.CLIENT NEWS

About: ASX: ATC


Game Changing Solid State Sodium Chloride Batteries for Grid Storage and Innovative Battery Material Products. Altech Batteries Ltd is commercialising a 120 MWh solid state sodium chloride battery production facility to produce 1MWh GridPacks for the European grid energy market, and is also at the cutting edge of developing battery materials for a Lithium-ion battery future by successfully incorporating silicon in graphite anodes to produce higher energy density batteries.


LATEST NEWS:


About: ASX: ADD Commodities: Nickel & Uranium Adavale Resources Limited (ADD) holds 100% of the Kabanga Jirani Nickel Project (“the Project”) consisting of 7 granted licences and one application covering 1145km2. These licences are adjacent and along strike from the world’s largest undeveloped nickel sulphide resource, namely The Kabanga Deposit which contains a measured, indicated and inferred resource of 58Mt @ 2.62% Ni (Barrick and Glencore, 2014).

The ADD licences are located in the Mesoproterozoic Karagwe-Angkole belt along a trend of mafic/ultramafic intrusions known as the Kibaran Kabanga-Musongati alignment and contain Nickel Sulphide ores and PGE concentrations.


Adavale Resources Limited also holds 100% of the Lake Surprise Project being three exploration tenements covering nearly 400 km2 within part of the highly prospective sedimentary uranium province within the northern part of the Lake Frome Embayment.


These tenements lie within a flat, semi-arid landscape located just to the north of the Flinders Range in South Australia. These include EL 5892 comprising 92km2 , EL 5893 comprising 167km2 and EL 6598 of 137km2. These are respectively known as the:


LATEST NEW:


About: ASX: MTB


Commodities: Gallium, Germanium & Vanadium


MOUNT BURGESS MINING N.L. has been listed on the Australian Securities Exchange since 1985. Discovered the Red October Gold Deposit in Western Australia, followed by the discovery of three kimberlites in Namibia and is currently developing the Kihabe and Nxuu Zinc/Lead/Silver/Germanium and Vanadium deposits in Botswana.


LATEST NEWS:


MakCorp recently Interviewed Nigel Forrester, CEO, Mount Burgess Mining ASX: MTB.


Click here to listen

About: ASX: WA8 Commodity: Gold


Warriedar Resources Limited (ASX: WA8) is an advanced gold and copper exploration business with an existing resource base of approximately 2 Moz gold across Western Australia and Nevada, and a robust pipeline of high-calibre drill targets. Our focus is on rapidly building our resource inventory through modern, innovative exploration. We are well funded for our planned aggressive drilling programs through 2023.


LATEST NEWS:



MakCorp recently Interviewed Amanda Buckingham, CEO, Warriedar Resources. ASX: WA8


Click here to listen

6.MAKCORP UPDATE

MakCorp are excited with the value clients are benefiting from with our new platform. More analysis, trends and insights to the ASX Resource sector than ever before.


MakCorp is fast becoming the chosen solution for research including potential MERGER & ACQUISITIONS, analysis, insights, trends and reporting for the ASX Resource sector. Our data information includes.


  1. Market Data
  2. Directors
  3. Top 20 Shareholders
  4. Capital Raises
  5. Projects
  6. Financials


Watch our latest video's on;



We have a range of industries as clients including;


  • ASX Resource companies
  • Financials institutions, Corporate Finance Specialists
  • Investors from retail, sophisticated, institutions to family offices
  • Mining services companies
  • Stock brokers and more


Listen to our podcasts at MakCorp Podcasts


Watch this space for more exciting developments!

Click here to subscribe to MakCorp

Subscription start from $395 ex GST

Facebook  Twitter  LinkedIn