News & Updates

Investor Guide: Gold & Copper FY2025 featuring Barry FitzGerald

Investor Guide: Gold & Copper FY2025 featuring Barry FitzGerald

After two years of unfulfilled promise, gold and copper have finally broken out, hitting record levels this year.

As the hero metals of the energy transition hit choppy waters, pulling battery metals investors into the rip, the old favourites copper and gold have emerged as, to quote Christopher Nolan’s The Dark Knight, “the hero we needed”.

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Barry FitzGerald: This copper junior’s pooling the bulk tonnage that gets big end of town buying

Barry FitzGerald: This copper junior’s pooling the bulk tonnage that gets big end of town buying

Two months ago Garimpeiro said he was taken by BHP’s assessment at the time that the supply deficit in copper previously expected to emerge in the final third of the 2020s could well come earlier.

What’s more, the supply deficit could be “pronounced’’ in the medium – term (five years).

Supply deficits force higher prices, and if they are pronounced, so too is the price response. As it is, we’re getting a taste of what that could mean for copper as the price of the red has taken off to $US4.59/lb on Tuesday morning.

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Next Big Copper Discovery

Next Big Copper Discovery

Where is Australia’s next big copper discovery coming from after a disappointing run for this ‘everything, everywhere, all at once’ metal?

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Briggs Zone Extended

Briggs Zone Extended

The eastern contact zone at the Briggs central deposit has been extended to ~500m with depth outlined to over 200m. Drilling to upgrade resource confidence to start in early Q2 2024.

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Closing Bell

Closing Bell

The benchmark ended Thursday significantly higher, with IT stocks rising by a science fiction-like 6.6pc. Discover how ASX embraces Star Tech and Return of the Jobless.

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Alma Extends Copper Moly Zone

Alma Extends Copper Moly Zone

Alma Metals has extended the higher-grade copper-molybdenum mineralisation strike at the Central Zone within its Briggs project in Queensland to about 500m, with new drill hits including 161m at 0.29 per cent copper and 71 parts per million moly from 22m.

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High Grade Copper Moly

High Grade Copper Moly

The latest drillhole intersected a good thickness of high-grade copper-moly mineralisation from surface to a downhole depth of 136.3m. Management believes the high-grade, near-surface results that occur just above the base of oxidation most likely reflect a modest “bonanza zone” style of supergene enrichment.

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Briggs Hits High Grade

Briggs Hits High Grade

Recently completed core drilling at the Briggs project has intersected a thick zone of copper-molybdenum mineralisation from surface

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In Case You Missed It

In Case You Missed It

Here are the highlights of today’s most interesting small cap stories that might have slipped under your radar.

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Expanded Flagship Project

Expanded Flagship Project

Explorer Alma Metals is using its porphyry copper expertise to advance its recently expanded flagship project the Briggs joint venture in Queensland – already in the top 10 of undeveloped copper projects in Australia.

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