Money of Mine

We went into the battery metals today with lithium and graphite!   Leo Lithium’s (LLL.asx) trading halt caught our eye, with potential rumblings of greater government interests in Malian mining projects.   Syrah (SYR.asx) posted a tough quarterly, which we of course tuned into the call for. The graphite market is complex to say the least and SYR had some interesting commentary for us to...

We kicked into gear this morning with plenty of news to start the week.   Sayona’s (SYA.asx) shareholders only just approved of stock and options grants to management while Hillgrove Resources (HGO.asx) are rapidly approaching go-time at Kanmantoo.   IGO (IGO.asx) announced a huge impairment on the assets they bought from Western Area’s and staying on nickel, Poseidon (POS.asx) decided t...

We start today’s pod in the best way we know how, with some more Banjo Paterson-esque poetry.   Then, for the news, we share what the Abyssinian board had to say in response to the 249D (action to remove the board) discussed on Tuesday’s episode with Rusty of Nero and Eddie of Argonaut.   We crack on with more deals – Lotus (LOT.asx) and A-Cap Energy (ACB.asx) to merge via a Scheme of Ar...

The Money of Mine team had a blast digging into 3 peculiar stories today – a junior mining company doing a share buyback, the wide world of vanadium and the old Nifty mine.   But, before we tucked into these stories, we had to share with the Money Miners a piece of poetry that was written for us. We can assure you that this one is well worth a listen.   On recent episodes we’ve covered s...

The Money of Mine team start the week by reflecting on learning that Australia’s opposition leader, Peter Dutton, is a keen listener of the show, as indicated by his comments on the need for nuclear just a day after our uranium deep dive.   We then look at Black Cat Syndicate (BC8.asx), a company we’ve previously peeled back the layers on before looking into a change of leadership at Kin Mini...

In this Friday Spectacular we have a bit of fun. Aeris (AIS.asx) have pulled guidance with some seismic activity unpacked by mining mogul Matt Michael. Regis (RRL.asx) have a record year and Matty drops some Word on the Decline. We also have a chat about the short seller report that emerged on Patriot Battery Metals (PMT.asx) last night – they even mentioned Money of Mine. To wrap up, Trav goes th...

Today we venture into the Uranium world! It’s territory we haven’t gotten too deep into before but with spot uranium breaking into local highs and some pro-nuclear policy changes happening around the globe, we think it’s about time we do a deep dive on the sector. We take a look at the market dynamics at play and what it all means for the ASX Uranium stocks, namely, Paladin (PDN.asx), Boss Energy...

Westgold bow out of the battle for Musgrave and Wayne comes on the show to answer the questions from the Money Miners. We speculate on what might be next for them in their M&A endeavors. Gascoyne has changed its name and we wonder why Red 5’s share price tanks on good news. Wyloo finally get their hands on Mincor and Bellevue comes out with a tolling agreement with Genesis before product...

Today we had the opportunity to delve into the current state of commodity markets with Terra Capital portfolio manager Mathew Langsford.   Our discussion covered plenty of ground from the valuation differentials between the ASX and TSX, where Terra is seeing value, what it will take to turn the buy over build mindset plus how running a natural resource focused fund compares with 10 years ago....

The new financial year is here with a bang!   We’ve got plenty of deals to talk about, starting with Develop (DVP.asx) lobbing an all-scrip bid for lithium player Essentials Metals (ESS.asx).   Matty then unpacked Genesis Minerals (GMD.asx) reserve statement following the completion of their purchase of the Leonora Gold Project.   We rounded out the episode on some more exciting M&a...

We’ve got another fundie interview for the Money Miners today. We had the pleasure of speaking with Karim Nasr, CEO of La Mancha Resource Capital LLP. He was joined by Technical Director, Graham Crew, who is a fellow Money Miner himself. We cover a lot of territory about this giant fund in the industry that most people in Australia don’t know much about at all.   All Money of Mine...

The Money of Mine team is back together in the studio again and humming! We start today’s chat with the WA government’s announcement that the heritage laws proposed to be implemented come July 1, 2023, have been pushed back for 12 months.   Then, we update the Money Miners on the announcement from Panoramic (PAN.asx) regarding their previously flagged processing plant issues before cracking o...

The gift of mining M&A keeps giving as we start the show by delving deeper into the deal involving Westgold (WGX.asx) and Musgrave (MGV.asx).   The Money of Mine team then shares some thoughts on the announcements from Encounter (ENR.asx), Ora Banda (OBM.asx), Aeris (AIS.asx), Carnaby (CNB.asx), Mincor (MCR.asx) and NRW Holdings (NWH.asx).   As a deeper dive we took Jervois’ trading...

Another action-packed episode from all around the country!   We warm up with announcements we noticed from AngloGold Ashanti (AGG.asx – soon to be delisted), BCI Minerals (BCI.asx), and Challenger Gold (CEL.asx).   Vulcan’s (VUL.asx) deal with NYSE-listed SLB gets discussed before we head to the Cobar for an update on what’s going on corporately at both Polymetals (POL.asx) and Kingston...

We’ve got a big episode in store for the Money Miners today, with the one and only Matty Michael back in the studio fresh from his East Coast adventure.   We kick things off with Musgrave (MGV.asx) advising shareholders to reject the Westgold (WGX.asx) takeover proposal, then staying on the theme of takeovers, we talk through what the hold-up is at Mincor (MCR.asx), with Wyloo looking to wrap...

In this episode of Money of Mine, we had the great pleasure of interviewing Allan Trench. Allan was kind enough to give us a shout-out in his latest Strictly Boardroom column , which he has written along with John Sykes for nearly 2 decades.   The article, titled “Five Rules of Resources Sector Investing” is the premise of our discussion today, from which we expand upon Allan’s extensive expe...

We give the ASX lithium stocks a break for the day and focus on a number of different gold announcements, plus something to look out for on the ASX.   Northern Star (NST.asx) announced a huge $1.5B investment to expand the KCGM (aka the Super Pit) processing plant, while Gold Road (GOR.asx) gave an update from Gruyere. De Grey (DEG.asx) revealed an exploration expansion in a deal with Canadia...

Today we dive into Sayona’s (SYA.asx) NAL Carbonate Technical Study (not a PFS) and look back at the Leonora saga, now that St Barbara (SBM.asx) shareholders have approved the Leonora sale. There is speculation from The Australian that Silver Lake (SLR.asx) is looking for an alternative M&A target and we give our opinion on these, plus we throw in a couple of other possibilities.   Matty...

Today we touch base with Matty who is flying out to the east coast this afternoon to represent the Money of Mine team in true fashion.   The mining news that caught our eye today includes: Navarre (NML.asx) entering voluntary administration; Leo Lithium (LLL.asx) and Latin Resources (LRS.asx) increasing their Lithium Mineral Resources while Regis (RRL.asx) depleting their Gold Mineral Resourc...

We covered lots of ground today, filling the Money Miners in on Mining News from across the globe.   In our deep-dive we expand upon Mineral Resource’s (MIN.asx) late announcement on Friday, honing in on the cancelled lithium offtake with Ganfeng for Mt Marion.   We also touch on the rumoured Barrick Gold (GOLD.nyse) bid for First Quantum (FM.tse); trouble at Lake Resources (LKE.asx) as...

Mr Flanagan himself dials into the show to add some colour to the conjecture we posed in yesterday’s episode. What an enigmatic character!   Plus Trav’s Top Tweets does not disappoint. This one features three mining legends and one day-trading mystery. Follow the recipients of the noble awards on Twitter directly: @shaerussell @Pete__Panda @TwinTurboCe1ica @DavidFlanagan_   In the recap,...

We’ve got a cracking episode for the Money Miners today.   This one involves Hancock, Legacy Iron Ore, Hawthorn Resources, Delta Lithium + more.   Gina Rinehart, recently crowned the richest Australian again, has made her move (via her privately held business Hancock) into the lithium (and broader critical minerals) market.   We unpack what the details of the deal are, what it means...

Today we do a deep dive into the current situation for Panoramic Resources (PAN.asx) who today announced that their filter press pressure plate has a crack in it as their Savannah Nickel Project ramps up in the Kimberley. We look at the operational implications and also the potential for a stressed balance sheet amid what looks like a few weeks of lost production at a critical time, ramp-up! In th...

On the show today we take look at AVZ Minerals and the never-ending ownership disputes over the Manono lithium project.   AVZ was a darling of the 2021 lithium boom and carried good momentum into 2022, but has now been in suspension for over a year. Lawsuits have been announced left, right and centre, so we get Money Miners up to speed with the latest and have a go and identifying potential o...

Red 5 (RED.asx) have seen record Gold production in the previous 2 months, will they keep the momentum and turn this story around? We asked MD Mark Williams about what’s happening at King Of The Hill and how things are looking going forward.   All Money of Mine episodes are for informational purposes only and may contain forward-looking statements that may not eventuate. Please do your own re...