Copper leading resources higher

Marcus Tuck

The copper price is often regarded as a barometer of the world economy because of its wide-ranging applications in industrial production and electrical equipment. Copper is used everywhere from homes and factories, to electronics and power generation and transmission, so demand for copper is often viewed as a reliable indicator... Show More


The only 6 stocks to pass our filters

Marcus Tuck

This time last year we published an article on Livewire called ‘Screening for low-risk equity investments’. Of the seven stocks we discussed, most did well, with an average gain of 90% across them. Livewire got in touch and asked us to reflect on the original research, and reapply the strategy... Show More

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What Mattered Today: Swings & roundabouts with FMG production

James Gerrish

Local stocks hit the skids today courtesy of a weak lead from the US mkt overnight however we saw more selling in US Futures throughout our session today – at our close S&P Futures are trading down another -0.57% pricing a drop of ~170pts on the Dow when trading kicks... Show More


Black Rock shakes off Tanzania’s asset grab with forecasts of strong returns from graphite project

Barry FitzGerald

Shares in graphite hopeful Black Rock were smashed following Tanzania’s asset grab. But a PFS finds its project will still deliver strong returns thanks to low costs. Plus, Nzuri Copper gets hot and sweaty in the Congo as it prepares to release a feasibility study on its high-grade copper-cobalt project.... Show More


Copper fizzing at the bungs as supply-demand outlook tightens

Barry FitzGerald

Growing confidence in the Chinese economy, forecasts of an electric vehicle boom and a tightening supply outlook have sent the copper price to a two-year high with forecasts of more to come. Plus, Oklo shares get a wriggle on as first assays dribble in from its Mali gold project. Show More


Leverage to the hunt for the next Nova

Barry FitzGerald

Here we are at the start of another exploration field season in Western Australia’s remote Fraser Range, home to the 2012 Nova nickel-copper discovery by Sirius Resources, now a producing mine and part of Independence (ASX:IGO) after its $1 billion cash and shares takeover in 2015. Show More

silver copper nickel ASX:IGO ASX:SFR ASX:ORN ASX:LEG ASX:SEG

Is Sandfire Resources set for a rally?

Michael Gable

Trying to value resource companies can be notoriously difficult because of commodity price assumptions. Analysts tend to be too optimistic when stock prices have already peaked, and they tend to be too conservative once prices have already bottomed. Show More


Resources and the Cycle

Tim Hannon

The resources industry performed well over 2016 and it may appear to some that it is ‘too late’ to increase exposure to the sector. Our analysis suggests that the recovery remains in its early stage. In making our case we have written the following research piece providing eight justifications for... Show More

Sandfire: Stable production and robust cash generation

Morgans Financial Limited

Investors have become accustomed to consistent operating performance from Sandfire Resources (SFR), and the 1Q was no exception. SFR flags copper output of around 18kt in Q2 and Q3 driven by higher grade stopes, which should see C1 costs fall toward the bottom end, or possibly below guidance. We have... Show More


Thundelarra - Drilling for gold

Mark Gordon

Thundelarra is currently drilling at their Garden Gully Gold Project located near Meekatharra, a proven gold producing area. This programme has been designed to follow up positive results from recent scout drilling which returned up to 7m @ 24.5g/t gold in highly prospective but surprisingly under-explored tenements. Could Garden Gully... Show More

Five quality resource midcaps

Jim Copland

In the short-term, zinc and nickel look reasonable based on their respective supply side constraints. We’re not getting carried away with the outlook for China in terms of demand, but equally we don’t expect a financial or policy crisis there in the short to medium-term. Independence Group is a predominantly... Show More

Lessons from the frontline

Livewire Exclusive

The period post reporting season sees a busy schedule of face-to-face meetings between the management of listed companies and professional investors. To see what anecdotes we could uncover we reached out to three fund managers and asked them to share a few trends that caught their attention. Ben Griffiths from... Show More

What we learned from benchmarking

Eley Griffiths Group

Reporting season is always a useful time to glean insights from individual companies but more powerful when you are able to benchmark across the industry. First, the most recent round of mining company quarterly reports highlight how successful resource companies have been at optimizing operating costs. Lower diesel, mining and... Show More

Putting together a resources wish list

Livewire Exclusive

Romano Sala Tenna is based in Perth and has a good insight into the sentiment and levels of activity in the junior resources sector. Despite a the challenging outlook for resources he believes there is another level of pessimism still to come for WA based resources companies. He also says... Show More

gold resources copper commodities ASX:RRL ASX:SFR

One sector experiencing a 'sea change' through M&A interest

Livewire Exclusive

Jeremy Bendeich from Avoca Investment Management says the current M&A cycle is likely being fueled by the availability of cheap credit – but it is also shedding light on value opportunities. With debt funding at record low levels there has been an arbitrage on offer for companies looking to make... Show More

Too Little Value Created from Independence-Sirius Merger

John Robertson

The expert report on the merger of Independence Group and Sirius Resources shows little benefit from the merger for shareholders. The transaction has been deemed fair and reasonable. The Independence Group assets were valued at $871-1,054 million. Sirius was valued at $1,106-1,648 million. On the day prior to the bid,... Show More


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