Shares of Zimplats Holdings have shot up by 22.55% this week as Implats (owners of Zimplats) increased production by 9.6% since early November. Their productivity levels are expected to rise further in the New Year.
BHP Billiton is planning to cut costs big-time over the next two years. The mining giant aims to save $2.2 billion, which would mean a 10% cut to unit costs across the board.
Smartphones, big data, artificial intelligence, cryptocurrency mining and emerging blockchain technologies, are all pushing demand in this sector. Could it be a very unexpected double boost for zinc then?
Galaxy Resources Ltd [ASX:GXY] was one of the best-performing stocks last year. In 2016, the lithium explorer climbed 314.8%. But 2017 has been a struggle so far. The stock has traded down 28%.
The Middle Island Resources Limited [ASX:MDI] share price has climbed 33.33% higher today. Find out why
Tread carefully, as always, in the market.The market is always moving. Catch the trends where you can, but be prepared to hop off if the wind changes.
Orocobre Ltd [ASX:ORE] is a lithium miner. They predominately mine in Argentina. Like many lithium stocks, ORE had a great year in 2016. The stock climbed 96.96%.
There are a number of key elements that go into the production of lithium-ion batteries. These include lithium, cobalt and graphite.
Shares of Lynas Corporation Ltd [ASX:LYC] were up over 9% in early trading Wednesday. That takes the stock to a one-year price rise of 62.16%
A tiny stock that resources analyst, Jason Stevenson, has on his buy list is up 27.3% in just the last two weeks. So why the rebound in resources stocks?