junior resources

Mark Gordon

Recent times have seen a number of porphyry copper-gold gold discoveries by junior to mid-tier explorers, with the most advanced being Xanadu (ASX: XAM, TSX: XAM) with their Kharmagtai and associated discoveries in Mongolia, and Solgold (LSE: SOLG, TSX: SOLG) with the Cascabel Project in Ecuador. In addition, Sunstone Metals... Show More

Mark Gordon

The recent listing of QEM Limited is well timed to capitalise on the resurgence of interest in vanadium, with V2O5 prices rising 6-fold to ~US30/lb since the US$/5lb lows of 2016,(which possibly points towards a structural change in the market over the longer term. Show More

Mark Gordon

Protean Energy's strategy is to build a vertically integrated vanadium business, with the upstream including the 490 Mlb V2O5/18.4 Mlb U3O8 Daejon Vanadium-Uranium Deposit in South Korea, and with downstream activities concentrating on the commercialisation of the proprietary V-KOR vanadium redox flow battery stack technology and the development of a... Show More

Mark Gordon

Recent times have seen the price of vanadium pentoxide reach close to US$30/lb, six times its sub-US$5.00/lb lows of 2016, due to supply/demand imbalances which have led to inventories being steadily drawn down since 2010. A significant cause is disruptions in supply, particularly in China, with closure of iron ore... Show More

Mark Gordon

Recent times have seen Australia surpass Chile as the world's largest lithium producer, with production expected to continue to grow through ramping up of existing hard rock spodumene operations and new start-ups. This has been on the back of a number of recent discoveries, including the Pilgangoora deposits of Pilbara... Show More

Mark Gordon

Spitfire Materials and Excelsior Gold, which have entered into a Merger Implementation Agreement, are a natural fit, with the key gold projects of the companies being less than 20km from each other, and close to the regional mining powerhouse of Kalgoorlie. The merger will bring in operational synergies, with the... Show More

Naheed Rahman

Over the past quarter, much of the small-cap index outperformance over large caps has been due to the excellent returns of small resource companies. Given their cyclical nature, is that a reason to look elsewhere? The following note makes it clear that we think not. Show More

Mark Gordon

Strong investor interest has continued in the junior and mid-cap resources stocks through 2017. Despite a relatively flat first half of the year, the second half has seen a 20-30% increase in the relevant ASX indices on the back of steadily improving metals prices, particularly in the base and battery... Show More

Mark Gordon

With the planned merger with Aphrodite Minerals (due to be completed in early January, and with the Scheme Booklet now available), Spitfire is continuing the transformational strategy of becoming a significant Australian gold developer. Work by the Company, headed by the Pilbara team of John Young and Neil Biddle, has... Show More

Mark Gordon

Lithium demand forecasts by several parties have been dramatically increased recently, driven largely by the expected growth in the use of electric cars driving demand for lithium-ion batteries. 2025 demand forecasts range between 500,000t and 1,000,000 LCE, multiples of the current demand of ~220,000t, and boding well for stocks in... Show More

Mark Gordon

Most know the success story that diamonds have been, however this has only been a relatively recent phenomenon, with the success story really only starting in 1938 when De Beers, with a ready source of diamonds, commenced a concerted push to build a market. With the discovery of the Montepuez... Show More

Mark Gordon

Lithium demand forecasts by several parties have been dramatically increased recently, driven largely by the expected growth in the use of electric cars driving demand for lithium-ion batteries. 2025 demand forecasts range between 500,000t and 1,000,000 LCE, multiples of the current demand of ~220,000t. Ideally placed to take advantage of... Show More

Mark Gordon

Western Australia is one of the handful of jurisdictions globally that hosts salt lakes with brine chemistry suitable to produce the high value sulphate of potash fertiliser (commonly referred to as SoP) – current producers are in China, Tibet, the US and India. SoP has several advantages over the more... Show More