ASX:IGO

Will you win from Winu copper ‘find’? Rio still refusing to say

Barry FitzGerald

Details of Rio’s reportedly-huge copper find in WA continue to leak. Following last week’s aerial photos showing a 56-man camp and drill rigs, this column can now reveal the project apparently has a name: Winu. Of course, Rio refuses to confirm this – presumably because that would confirm the discovery... Show More

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Official figures show Creasy’s WA nickel-copper find could provide needed feed for hungry Independence

Barry FitzGerald

A usually-overlooked departmental document has lifted the lid on the size of Mark Creasy’s base metals find in WA – and it is fuelling speculation that Independence Group will be keen to gets its hands on it. And speaking of discoveries, there is growing interest in Great Boulder’s drilling campaign. Show More

Breaking News: Creasy confirms major base metals discovery in WA

Barry FitzGerald

Exclusive: Prospector Mark Creasy confirms he has made a big base metals find in WA. Creasy’s deposit is 25km from Independence’s Nova-Bollinger project, fuelling speculation that a deal is around the corner. And exploration is hotting up at PolarX’s Alaska Range project, causing this week’s raising to be heavily over-subscribed. Show More

Satellite photo shows Independence’s real deal with Creasy is still in the making

Barry FitzGerald

Independence Group’s announcement this week of a $21m exploration agreement with prospector Mark Creasy only served to fuel talk they are working on a much bigger deal. And this satellite image shows why many believe there is much more to come. Plus, knocked-down explorer Explaurum fights back with strong results. Show More

What Mattered Today: Trump Rules!

James Gerrish

Aussie stocks bucked the overnight selloff in the US helped somewhat by Trumps State of the Union address which was long on patriotism, shorter on protectionism than some feared and full of classic Trump one liners…”Over the last year, the world has seen what we always knew: that no people... Show More

What Mattered Today: Poor old Myer

James Gerrish

A very negative day really in terms of price action (not so much aggregate move) with the index up strongly early to make a new 5 year high before sellers dominated from 11.30am onwards following stronger than expected employment numbers. The unemployment rate was inline (5.4%) however participation was very... Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170810

Mathan Somasundaram

Local market fell back into negative territory in the afternoon as global investor support for the banks ran out. The local market has gone nowhere in the last 2 months…23 up days and 22 down days. RIO going ex div weighed on the materials sector. Property sector giants in SCG... Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170727

Mathan Somasundaram

Local market flip flopped to deliver a slight positive day despite big bounce in AUDUSD/commodities and a fall in bond yields. July count sits at 10 up days and 9 down days…we have had the first 3 consecutive positive days in July. Expect a run to finish July in positive... Show More