Mining giant Independence Group NL [ASX:IGO] continues to stay ahead of the game, as their shares slightly increased by 0.80% this morning
The latest news to worry investors is the prospect of a trade war. The big problem here is that the post-Second World War global economy isn’t really designed for balanced global trade. It was for a little while. But as the US began to consume more than it produced in the 1960s, gold started leaving Fort Knox to balance the tab.
These issues impacted Orica’s productivity rate and earnings. Increased competition are forcing higher input prices in the cyanide market, as a result margins are being driven down.
Resources have been the big outperformers since the global bull market got underway in early 2016. Since those lows, BHP’s share price has soared nearly 130% (to the January 2018 peak), while RIO’s isn’t far behind, up just over 126%.
Aeris Resources Limited [ASX:AIS] dropped by 16.67% early this morning. Why? Find out here...
Argosy Minerals Ltd [ASX:AGY] joined the market resurgence yesterday, rising 20% to $0.325, following a low of $0.27 the previous day.
Since its discovery in 2004 by UK-based researchers Andre Geim and Konstantin Novoselov, researchers have been salivating at the possibilities of the unique material that is graphene. It has applications in nearly every industry, from new ones like batteries and renewables to established industries like microchips and construction. Consider the markets it is set to disrupt.
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.
Shares in lithium mining company, Pilbara Minerals Ltd [ASX:PLS] rose a further 4% to $1.20 today, after a gain of 11% yesterday. Pilbara Minerals’ stock is up a huge 130% for the year, following strong growth from September.
Whether you are making money in booming property or booming crypto, there’s no great lure to get back into speculative miners. But maybe that’s a signal to start looking here? While everyone’s looking at the current hot sectors, the best opportunities usually lie the other way.