“Our recent intersection of 14 metre widths, very shallow, 10 metres from surface, is really reflective of our aim to to change that narrative, so that we're actually chasing more economic and more mineable mineralisation,” said Paul Stephen, managing director of Asra Minerals.
Asra Minerals’ (ASX:ASR) recent drill results from its Leonora South gold project in Western Australia have confirmed “economic mineralisation” comparable to operating, high-grade gold mines in the region, said Paul Stephen, the company’s managing director.
“The challenge for the Kookynie area … is it's been mined since 1880 — generally very high grade, but generally narrow veins. And our recent intersection of 14 metre widths, very shallow, 10 metres from surface, is really reflective of our aim to change that narrative, so that we're actually chasing more economic and more mineable mineralisation,” Stephen said.
He added that the results compare favourably with high-grade historic mines in the region, like Cosmopolitan, which closed down in 1922, and current operating mines like Genesis Minerals' (ASX:GMD) Leonora operations.
“I think what we're seeing now with Eclipse and Challenge, and where we're drilling, is hopefully a repeat of that style of mineralisation,” Stephen said.
Watch the full interview with Asra Minerals Managing Director Paul Stephens above.
Tavi Costa, macro strategist at Crescat Capital, shares his thoughts on gold, including what could unleash the yellow metal's next move higher.
He sees a "major collapse" in the US dollar, saying a break in a key support line could boost gold.
Costa also shares his outlook for silver and copper.
Don't forget to follow us @INN_Resource for real-time updates!
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
Australian bauxite producer Metro Mining (ASX:MMI) is targeting up to 7 million tonnes of production by the end of 2025, as the company executes on its plan to expand capacity and lower production costs.
“Economies of scale are by far the most important lever that we're pulling to get down to that cost number,” said Simon Wensley, Metro Mining’s managing director, in a recent Investing News Network interview, noting that optimisation and expansion will drive costs down to US$30 per dry metric tonne delivered.
“And if we can achieve that number, we will be the lowest-cost producer in that marginal market of China,” he said.
Bauxite is the primary ore used to produce aluminium, a valuable, lightweight metal essential to almost all aspects of the global energy transition. Demand for aluminium is expected to significantly increase over the next few years, driven by increased activity in the transportation, electric vehicle and clean energy sectors.
Metro Mining has already produced and sold more than 2 million tonnes of its production in the second half of 2025, Wensley said. He added that the company expects a “very strong” second half, with production volumes expected to reach between 4.5 million and 5 million tonnes by year end.
“Over the next months and the next quarter, we should see real demonstration of that expanded capacity flowing through the market," he noted.
Watch the full interview with Simon Wensley, managing director of Metro Mining, above.
Stefan Gleason, CEO of Money Metals, shares his outlook for gold, silver and platinum.
He also weighs in on Tether Investments' recent deal with Elemental Altus Royalties (TSXV:ELE,OTCQX:ELEMF) and advances in US sound money policies.
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Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
Matt Geiger, managing partner at MJG Capital Fund, shares his thoughts on the resource sector, honing in on the health of the junior miners.
In his view, after a decade of hit-or-miss performances, the best is yet to come.
Don’t forget to follow us @INN_Resource for real-time updates!
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
Danielle DiMartino Booth breaks down the latest US consumer and producer price index data, saying it's important for investors to pay close attention to the American consumer.
The CEO and chief strategist at QI Research also discusses dissent at the US Federal Reserve, and how many times the central bank may cut interest rates in 2025.
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Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
