RXM
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Company News
Rex Minerals receives $393m takeover offer from MACH Metals
A global partnering search by Rex Minerals (ASX: RXM) has attracted a $393 million takeover offer from mining group and major shareholder MACH Metals Australia. Under the terms of the offer, MACH will acquire all the shares in Rex that it does not already own for a cash consideration of $0.47 each. The offer price […]
Small cap starter kit for the next phase of the battery boom
Battery metal stocks have outperformed the broader market for the past two years with the result being that most of the better-known companies are no longer small caps which is why a small-cap “starter kit” might be useful for the next phase of the battery boom. Three stocks best demonstrate the problem for late arrivals […]
Critical metal confusion, but here’s a small stock starter guide
Everyone knows (or should know) that critical and energy transition metals are one of the great investment themes of the decade but not everyone knows where to start building a portfolio of small stocks with growth potential. One of the problems in tackling a group of metals which have suddenly hit the headlines after lying […]
Rex Minerals lifts Nevada gold resource to 1.4Moz
Rex Minerals (ASX: RXM) has lifted the JORC-compliant resource at its Hog Ranch gold project in Nevada to 1.4 million ounces, 90% of which is less than 100m below surface. The updated mineral resource estimate is 97.6 million tonnes at 0.45 grams per tonne. The contained 1.4Moz resource is a 69% increase on the maiden […]
BHP pulls ahead of rival Rio Tinto with a major copper find near Olympic Dam
The copper race is on between long-time rivals BHP (ASX: BHP) and Rio Tinto (ASX: RIO), with BHP announcing it had pulled out of the ground what some experts call the thickest high-grade copper intersection seen in many years near its Olympic Dam mine in South Australia. The mining giant reported a whopping mineralised intersection of 425.7m comprising […]