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Israel and Hamas agreed to a four-day ceasefire in the war in Gaza — a breakthrough that will facilitate the release of dozens of hostages held by militants as well as Palestinians imprisoned by Israel, and bring a large influx of aid to the besieged territory, officials said Wednesday.
COMMODITY/FOREX/CRYPTO MARKET PRICES
Gold: US$1,998.40 (+0.02%)
Silver: US$23.80 (+0.13%)
Nickel (3mth): US$16,5559.60/t (-0.44%)
Copper (3mth): US$8,323.85/t (-0.20%)
Oil (WTI): US$77.79 (-0.03%)
Oil (Brent): US$82.45 (+0.07%)
Iron 62pc Fe: US$129.31/t (+0.28%)
AUD/USD: 0.6546 (-0.19%)
Bitcoin: US$36,392.90 (+1.29%)
Across markets
Australian shares are poised to slip in contrast to gains in New York. Oil fell near 5 per cent before paring its losses amid concerns that Saudi Arabia may be struggling to convince other OPEC members to cut output.
Iron ore extended its rally in Singapore, rising 1 per cent to $US134.60 a tonne. Steel production for the 71 countries reporting to the World Steel Association edged 0.6 per cent higher to 150.0 million tonnes in October from a year ago.
The gain reflected higher output in India, Japan, the US, South Korea and Russia. China, however, produced 79.1 Mt last month, down 1.8 per cent on October 2022.
US consumers remain wary of inflation, even as data points to continued cooling. Americans expect prices will climb at a 4.5 per cent annual rate over the next year, according to the final November reading from the University of Michigan.
Source: AFR
If you took a poll from your cluey resources investor friends asking where’s hot for copper lately you might find they’ll tout a bunch of ASX explorers pushing into Argentina, Africa and of course, all around Australia.
But are junior explorers sleeping on Peru? It’s only the world’s second-largest copper producer, on track to exceed 2.7Mt for the 2023 calendar year.
All the majors are in on the action in the Andean nation and have been for years.
Big hitters such as Glencore, Barrick Gold, First Quantum, BHP, Vale, Rio, Grupo Mexico, and a bunch of local and Chinese interests operate in the southeast of the country, where copper is everywhere.
There’s at least one intrepid ASX explorer who is on the ball, after snapping up two projects with a combined ~260km2 in one of Peru’s prolific Red Metal regions in the south bordering Bolivia.
With a battery minerals portfolio across both South America and Australia that includes copper, silver and lithium, Firetail Resources (ASX:FTL) is currently laser-focused on proving up its Picha copper-silver project in Peru and Yalgoo-Dalgaranga lithium projects in WA’s Mid West.
Led by Executive Chairman Brett Grosvenor, the explorer has a strong corporate register and $7.8m cash position that it’s utilising to advance exploration activities across its projects.
Source: Stockhead
Company: Alderan Resources (ASX:AL8)
Sector: Lithium
Deal Type: Placement
Raise Amount: $1.75M
Latest Entry Price: $0.006 with a 1:2 AL8OA
Today’s Price Change: $0.007 Unchanged
Company: Terra Uranium (ASX:T92)
Sector: Uranium
Deal Type: IPO
Raise Amount: $7.5M
Latest Entry Price: $0.20
Today’s Price Change: $0.14 Unchanged
Company: Patagonia Lithium (ASX:PL3)
Sector: Lithium
Deal Type: IPO
Raise Amount: $8.6M
Latest Entry Price: $0.20
Today’s Price Change: $0.14 +7.69%
Company: Gold Mountain Limited (ASX:GMN)
Sector: Lithium
Deal Type: Placement
Raise Amount: $2.25M
Latest Entry Price: $0.0075
Today’s Price Change: $0.006 Unchanged
Company: Unith Ltd. (ASX:UNT)
Sector: AI/ChatGPT
Deal Type: Placement
Raise Amount: $4.5M
Latest Entry Price: $0.033 with a 1:1 UNTO
Today’s Price Change: $0.022 Unchanged
Company: Volt Resources Ltd. (ASX:VRC)
Sector: Battery Metals
Deal Type: Placement
Raise Amount: $5.75M
Latest Entry Price: $0.011
Today’s Price Change: $0.007 +16.67%
Company: Castle Minerals Ltd. (ASX:CDT)
Sector: Battery Metals/Base Metals
Deal Type: Placement
Raise Amount: $1.52M
Latest Entry Price: $0.02 with a 2:3 CDTOA
Today’s Price Change: $0.011 +4.76%
Company: Avenira Ltd. (ASX:AEV)
Sector: Phosphate
Deal Type: Placement
Raise Amount: $2.1M
Latest Entry Price: $0.01 with a 1:2 AEVO
Today’s Price Change: $0.011 -8.33%
Company: Latrobe Magnesium Ltd. (ASX:LMG)
Sector: Magnesium
Deal Type: Placement
Raise Amount: $3M & $11.5M
Latest Entry Price: $0.10 with a 1:4 LMGO
Today’s Price Change: $0.064 -8.57%
Company: Askari Metals Ltd (ASX:AS2)
Sector: Mining
Deal Type: IPO
Raise Amount: $5.7M
Latest Entry Price: $0.35 with a 1:3 AS2O
Today’s Price Change: $0.185 -2.63%
Company: iCandy (ASX:ICI)
Sector: Gaming & Digital Advertising
Deal Type: Placement
Raise Amount: $1.25M
Latest Entry Price: $0.02 with a 1:1 ICIOB
Today’s Price Change: $0.03 +7.14%
Company: Fatfish Group (ASX:FFG)
Sector: Fintech
Deal Type: Placement
Raise Amount: $1.5M
Latest Entry Price: $0.015 with a 1:2 FFGOA
Today’s Price Change: $0.011 – 15.38%
Company: Paradigm Biopharma (ASX:PAR)
Sector: Biopharma
Deal Type: IPO Cornerstone
Raise Amount: $1M+
Latest Entry Price: $0.35
Today’s Price Change: $0.395 Unchanged
Company: ReNu Energy Limited (ASX:RNE)
Sector: Energy
Deal Type: Placement
Raise Amount: $1.46M
Latest Entry Price: $0.06 with a 1:1 RNEO
Today’s Price Change: $0.017 +6.25%
Company: Carly Holdings Ltd (ASX:CL8)
Sector: AI and Car subscription
Deal Type: Placement
Raise Amount: $1.25M
Latest Entry Price: $0.025 with a 1:2 CL8O
Today’s Price Change: $0.015 -11.76%
Company: Avecho Biotechnology (ASX:AVE)
Sector: CBD
Deal Type: Placement
Raise Amount: $5M
Latest Entry Price: $0.006 with a 3:2 AVEOA
Today’s Price Change: $0.004 Unchanged
Company: ECS Botanics Holdings Ltd (ASX:ECS)
Sector: Medicinal Cannabis
Deal Type: Placement
Raise Amount: $6.6M
Latest Entry Price: $0.033 with 1:2 ECSO
Today’s Price Change: $0.023 Unchanged
If you would like more information on future Peak deals, please don’t hesitate to get in touch.
Peak on 1300 304 460
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