Strike Resources Ltd
What to look for after the interest rate storm passes
After the storm of rising interest rates passes, investors will have learned two important lessons, the first is that energy is tops in the resources sector (old energy and new), and that fundamental valuation rules have changed because costs are exploding. The energy lesson should be well understood by now thanks to soaring prices for […]
Australia can punch above its weight in critical metals — both with mining and processing
Australia has just 3.4% of the world’s rare earth element (REE) resources but is the fourth largest producer in the world, with other minerals also posing significant future potential for the country. And that is just from one mine, Mt Weld in Western Australia — while several other projects are at the advanced development stage, […]
Strike Resources gets Native Title approval to advance Paulsens East iron ore project
Strike Resources (ASX: SRK) has passed a major milestone in the development of its Paulsens East iron ore project in Western Australia’s Pilbara region, announcing the Traditional Owners have approved a Native Title Mining Agreement and State Deed. The agreement and deed were approved by the Puutu Kunti Kurrama and Pinikura People (PKKP) at a […]
Strike Resources announces maiden iron ore resource for Paulsens East
Motivated by recovering iron ore prices, Strike Resources (ASX: SRK) has announced a maiden resource for its Paulsens East iron ore project in Western Australia and aims to fast-track its development within the next nine months. The Perth-based junior today reported a maiden JORC inferred mineral resource at the Pilbara project of 9.1 million tonnes […]