Diminutive gold miner Dreadnought Resources Ltd [ASX:DRE] is in the red today. Suffering a 16.67% share price fall in early trading. The reason for the slip? A fresh capital raise. Now, given the current state of markets this isn’t all that remarkable. We’ve seen plenty of companies tap all sorts of avenues for cash top-ups […]
ASX Commodity Trading News and Analysis - Latest Updates
Australia is one of the world’s biggest commodity producers in the world so it makes sense to wonder how one can invest in commodities and what the best commodity shares are.
Investing in commodities entails purchasing securities with exposure to an interchangeable basic good or raw material like gold, oil, natural gas, iron ore, aluminium, copper, wheat, soybeans and so on.
Space Mining: Taking the Mining Industry to the Next Level
The US government is apparently preparing an agreement known as the ‘Artemis Accords’. A pact that would effectively give the US and a select group allied nations land rights over parts of the moon…
The Newcrest Share Price Is Headed in the Opposite Direction to the Gold Price
There is a curious trend emerging in the Newcrest Mining Ltd [ASX:NCM] share price; the gold price is headed up while its share price is headed down. The share price has shed over 6% in the past six months, while the gold price (AUD) has soared over 23% in the same period. Source: Tradingview.com On […]
Alliance Resources Share Price Doubles on Drilling Results (ASX:AGS)
It’s not often you see a stock double in value in a single day. That’s exactly what Alliance Resources Ltd [ASX:AGS] has managed to do though. As of time of writing, the AGS share price is up 111%. A stellar gain for this junior gold miner. AGS Drilling success The reason for the stunning share […]
This ‘Cure’ for the Economy Could Kill It
The economy remains under lockdown, although some states are beginning to relax restrictions. As with so many other aspects of American life, there’s been a red state/blue state divide. Red states (republican) are generally more willing to reopen their economies, while harder-hit coastal blue states (democrats) are generally more reluctant to open theirs. Regardless, the […]
Lynas Shares Rocket Higher as US Military Gives Green Light (ASX:LYC)
Rare earths juggernaut Lynas Corporation Ltd [ASX:LYC] has raced out of the gate this morning. The Lynas share price is up 17% at time of writing. Surging on the back of confirmation that the US military will fund their plans for a Texas plant….