Gold hits record high as US dollar weakens • Copper demand surges on EV battery boom • ASX mining stocks lead weekly gains • Lithium prices stabilise amid supply adjustments Gold hits record high as US dollar weakens • Copper demand surges on EV battery boom • ASX mining stocks lead weekly gains • Lithium prices stabilise amid supply adjustments
Jonathon Brown began his career as a broadcaster, working across markets in British Columbia before moving into financial journalism. Since 2017, he has specialised in stock market reporting, covering emerging companies across the healthcare, technology, mining and consumer sectors. He brings more than 15 years' experience to his reporting. A graduate of Vancouver Island University and the British Columbia Institute of Technology, Jonathon is focused on delivering clear, balanced reporting for investors.
Capstone began the September quarter with US$367.1 million in cash and ended it with US$263.4 million. Between those dates, it reported another EBITDA record. The spending accounts explain how both happened.
The strongest number in Lynas’s September report was its selling price. Customers paid more, revenue rose and production recovered. Keeping those gains will take work, starting with two planned shutdowns in the December quarter.
Kiaka processed more ore and delivered more gold in September. That improvement carried West African Resources to another quarterly record, despite a quieter period at Sanbrado.
Sandfire produced less copper than in June, but enough to keep its annual plan intact. The September result leaves investors watching for better grades at MATSA and whether fuel costs ease at Motheo.
The Ramelius Resources forecast for FY27 remains unchanged. That cost sits above the annual guidance range. Ramelius expects production to rise quarter by quarter…
America has helium underground. Its factories need usable gas delivered above ground. Between those two points sit processing plants, permits and transport arrangements that a resource estimate cannot replace.
Two of Rio Tinto’s bauxite mines are approaching the end of production. Kangwinan gives the company a replacement source, with additional capacity at Weipa and a larger role for Amrun’s existing port.
Fortescue moved 46.8 million tonnes of iron ore through its shipping operations in September’s quarter. Sales came in almost four million tonnes lower. That gap now matters alongside the cost of producing the ore.