Strategic Energy Resources Ltd
Market wrap: Australian market follows Wall Street down
Once again, an Australian encore followed a Wall Street sell-off as investors grew increasingly nervous about the prospect for rate falls, with bond yields rising and shares in interest rate sensitive areas falling. Weakness in commodity prices didn’t help the Australian market, with falling prices for iron ore and gold helping to broaden the decline […]
Strategic Energy Resources to accelerate Achilles 1 exploration following $2m funding boost
Strategic Energy Resources (ASX: SER) has received firm commitments from institutional and sophisticated investors to raise $2 million for exploration at the advanced Achilles 1 polymetallic prospect in New South Wales’ South Cobar Basin. The raising is being conducted via a two-tranche placement of 181 million shares priced at $0.011 each, representing an 8.3% discount […]
Resolution Minerals picks up second battery metals project in NT
Resolution Minerals (ASX: RML) says it is building its company mantra of “hunting for giants — in big country” with the potential acquisition of a second battery metals project in the Northern Territory, The company has taken a 12-month option to purchase the Benmara Station tenement from Strategic Energy Resources (ASX: SER). Strategic Energy Resources, […]
Fortescue pegs more copper ground near Olympic Dam via Strategic Energy and Tasman Resources farm-in
Twiggy-backed Fortescue Metals (ASX: FMG) has made another copper grab with the iron ore miner to farm into Strategic Energy Resources (ASX: SER) and Tasman Resources’ (ASX: TAS) iron-oxide-copper-gold assets in South Australia, near BHP’s renowned Olympic Dam operation and Oak Dam West discovery. With a dry pipeline of advanced copper projects and the mineral […]