mining boom

Investment Theme
Hedley Widdup

The mining industry collectively had to address a range of issues to ensure survival between circa 2011 and 2015. Having met the top of the market with bloated balance sheets and unsustainable costs, austerity was rolled out. But unlike many mining initiatives there were no commemorative shirts or hats. The... Show More

Hedley Widdup

On average, the market is always right. BUT, for miners, the height of booms and nadir of the bust is where the market overshoots driven by extremes of sentiment, and at these times the market for miners is neither rational nor efficient. IE – it is Wrong. The loftier the... Show More

Hedley Widdup

Performance of gold equities has been outstanding in 2016. Increasing liquidity supports this trend, the Mining IPO market which was closed for several years has now re-opened. There have already been more mining IPO’s in 2016 than 2015, and several prospective IPO’s have been announced to the market, so there... Show More

Patrick Poke

It’s been an exciting quarter at Livewire; we’ve hosted the second Livewire Live investor forum at the ASX’s Exchange Square, and contributors have submitted more than 1,000 wires to the website. Financial markets have been no less interesting as they seesawed before and after the UK referendum, market commentators continued... Show More

Hedley Widdup

2016 has seen sustained capital growth in mining equities, and as a result Resources have outperformed Industrials by a substantial amount since January. More significantly, junior miners, many non-producers, have been able to raise meaningful amounts of money over roughly the same period. The size and regularity of raisings for... Show More

Hedley Widdup

The rally in Resources stocks in the first three months of 2016 has prompted substantial debate, centered on "will the rally last". Given the rapidity of rerating enjoyed by many mining stocks, including large companies, it is almost certainly not a rally that will endure. However, it is evidence of... Show More

Mathan Somasundaram

Aussie market went negative despite positive global lead after it had a reality check with very soft domestic business capex data. By removing the support for the multiple existing manufacturing industries with no new manufacturing coming through, we have left Australia in a manufacturing doom when it’s transitioning from a... Show More