With the quarterly season now wrapped up, it’s time for one of our favourite segments… name & shame! We call out those companies who were too sloppy to get their quarterly reports in at a normal time. We then jumped into the gift that keeps on giving, IGO. In a story that involves BHP, S32, Regis, Western Mining and more, you’ll just have to tune in to hear the tale. BCI Minerals (BCI) bumper $300m+ capital raise got a mention before we closed off with a segment on Resolute (RSG), who’ve bee...
Feb 01, 2024•39 min
There was no shortage of news to dissect on the final day of the quarter, with IGO grabbing the headlines by turning off Cosmos, amongst other challenges. We added another layer to the Kali Metals (KM1) story, which isn’t short on drama, before touching on Liontown’s (LTR) quarterly then onto Peninsula’s (PEN) latest update. Red 5 (RED) plus Westgold (WGX) both got a mention before we rounded off with the latest at Galena (G1A) and Sayona (SYA). All Money of Mine episodes are for informational p...
Jan 31, 2024•54 min
We’re in the thick of quarterly season now & had plenty to stew over. We start with a good chat about the base metals miners, including Sandfire (SFR), 29 Metals (29M) and Aurelia (AMI) before jumping into Mader (MAD) who’ve been on a tear since listing on the ASX some years ago. Next, we had a block of goldies to pick apart, with Capricorn (CMM), Emerald (EMR), Ramelius (RMS) and Silver Lake (SLR) making the list today. To finish on a special note, we rounded up some former flyers who are a...
Jan 30, 2024•49 min
Bellevue (BGL) starts us off today with a hotly anticipated quarterly seeming to meet the markets expectations, followed by IGO who served up a lithium business update just 2 days before their quarterly. Gold Road (GOR) were next up with a shocker, missing cost guidance with weak CY24 guidance to boot. Staying on the theme of gold, we gave the latest from Tanzania with the Battle for Nyanzaga getting hotter & hotter. We had to peer into what the progress was at Develop Global (DVP), before t...
Jan 29, 2024•58 min
We’ve got a new style of show for the Money Miners this long weekend, an unscripted Q&A! All the questions served up today came directly from listeners, allowing us to dive into what we look for in companies, certain red flags, some mining investing 101 plus a whole heap more. All Money of Mine episodes are for informational purposes only and may contain forward-looking statements that may not eventuate. The co-hosts are not financial advisers and any views expressed are their opinion only. ...
Jan 26, 2024•58 min
We rip into today’s show with uranium news, touching on the market dynamics as well as news from Paladin (PDN) and Boss Energy (BOE). MinRes’s (MIN) quarterly naturally caught our attention so went through the highlights before jumping into a bunch of the ASX gold plays, including St Barbara (SBM), Regis Resources (RRL), West African Resources (WAF), Calidus (CAI) and Spartan (SPR). To round off, we mentioned the announcement that Ken Brinsden is taking the reins at Patriot (PMT) and some though...
Jan 25, 2024•55 min
Pilbara Minerals (PLS) released a hotly anticipated quarterly report with some punchy comments to get us going today before we jumped into another big quarterly from Norther Star (NST). Adriatic Metals (ADT) updated the market on a further delay at the Vares project in Bosnia, disappointing shareholders, while Core Lithium (CXO) came out with more clarity on their next 6 months. It’s now been 2 quarters of Gwalia ownership for Genesis Minerals (GMD), so we had to check in on their performance, p...
Jan 24, 2024•48 min
We rip right into the juicy news today that Australian Resources Minister Madeleine King has summoned an urgent industry round table discussion on the back of the latest nickel and lithium news. We then expanded upon Liontown’s (LTR) potential funding solutions as well as what analysts around the country have had to said on the lithium hopeful. Stanmore (SMR) & Coronado (CRN) shared their quarterlies for us to compare and contrast as well as Australia Pacific Coal (AQC) announcing a restart ...
Jan 23, 2024•48 min
A big start to the week with lithium market darling Liontown (LTR) announcing a Kathleen Valley funding update, seeing the stock come off 20%. Perseus’s (PRU) bid to buy OreCorp (ORR) in an all-cash deal caught our eye as well as Wyloo’s unfortunate decision to put its Kambalda nickel operations on care & maintenance. On the theme of managing costs, we commented on Chalice’s (CHN) decision to cut back, before rounding off on Lynas’s (LYC) quarterly, with our eye’s focused on an update on the...
Jan 22, 2024•1 hr 2 min
We get our final show of the week off to a start discussing the big movements in the industry this past week, before touching on how this is reflected in the ASX’s biggest short positions. Then we dissected about Yancoal (YAL) who continue to print cash from their east cost operations as well as Whitehaven (WHC) who shed a bit more colour on the Blackwater & Daunia acquisitions amongst other details. Our final two segments took us to Africa, where we discussed the latest news on Leo Lithium ...
Jan 19, 2024•35 min
Quarterly reports are starting to trickle out to keep us busy here at Money of Mine. We start today by discussing what’s going on in the lithium world, moving into Albemarle’s decision to cut down on costs and sell its stake in Liontown (LTR). We then discussed a “non-binding offer” for Metalstech’s (MTC) Slovakian asset which the market shrugged at before moving on to why Calidus (CAI) needs to ramp up its gold output. Mount Gibson’s (MGX) quarterly numbers deserved a mention as the iron ore pr...
Jan 18, 2024•42 min
The hits keep on coming at Money of Mine. Where else to start but the big one, Evolution Mining (EVN) shaving $1.3b in market value with the release of their poor December quarterly. Wildcat’s (WC8) cashed up balance sheet gets a mention before we demand answers from Lynas (LYC) on what is going on at the Kalgoorlie processing facility. WA1 Resources (WA1) are out raising $30m to grow their Luni discovery and lastly we analyse Pantoro’s (PNR) decision to get underground sooner at Scotia as well ...
Jan 17, 2024•43 min
Our second episode back and we’re getting punchy. On the show today we spoke about four different stories with some common these. Firstly, we revisit the Kali Metals (KM1) listing with additional info coming to light. Then, we give tungsten a debut on Money of Mine as we chat through EQ Resources (EQR) almost complete acquisition of Saloro and placement to Oaktree Capital Management. Next up Trav got deep into a near and dear topic, shareholder activism, with the words of a fund manager sparking...
Jan 16, 2024•47 min
Money of Mine is back! We’ve got a massive first episode of 2024 for the Money Miners. First up we get into the big commodity price movements and importantly what impacts this has had on operations across the country. We’re talking nickel, lithium and uranium. Alcoa made some waves last week with the curtailment of their Kwinana operations which we breakdown, as well as the related implications for WA onshore gas. Pilbara Minerals we’re next up with their offtake agreement expansion with Ganfeng...
Jan 15, 2024•50 min
For our final episode of 2023, we had the great opportunity to chat with two journalists whose work we’ve followed for a long time. Peter Ker has covered the resources sector for the Fin for over a decade while Anthony Macdonald wrote under the Street Talk banner until this year, when he became a Chanticleer columnist. The duo has a wealth of experience covering M&A, natural resources companies and plenty more. A big shoutout to all the Money Miners who’ve tuned in this year, we massively ap...
Dec 15, 2023•1 hr 8 min
We have interviewed 9 of the sharpest fund managers in the Natural Resources / Mining investment world to bring the Money Miners some brilliant insight heading into 2024. We ask 4 simple questions. 1. Highest conviction prediction. 2. Most non-consensus prediction. 3. Best performing commodity. And 4. Worst performing commodity.A big thanks to the fund managers contributing to this 2024 prediction spectacular, including: Acorn Capital’s Rick Quire and Karina Bader Nero Resource Fund’s Russell “R...
Dec 14, 2023•52 min
Plenty of mining news for us to sink our teeth into in our final day for the year (we’ve got some cracking interviews to release in the coming days!) First cab off the rank is IGO (IGO), who’ve capped a tough year with another poor announcement regarding their Cosmos operation. Next up we couldn’t help but discuss the news that David Flanagan is back in the arena with Arrow Minerals (AMD) looking to build something big and very good in Guinea. The AVL/TMT got some airtime as AVL chucked in a bes...
Dec 13, 2023•29 min
Today’s episode is our first venture into the world of energy. We brought on the show Thomson Naude to help us investigate the potential mega merger between Santos (STO) and Woodside (WDS), discussing what the key assets are, what the hurdles to deal are and what it would mean to the Australian energy market. We also discussed the recent M&A in the Perth Basin, why the east & west coast energy markets differ so widely and whether we should expect any changes in government legislation. Al...
Dec 12, 2023•43 min
We’ve got news from all around the world to see us into Money of Mine’s final week of 2023. First up was Regis Resources (RRL) who have killed there most talked about aspect by closing out the hedgebook. Then we discussed the latest assay results from Niobium hopeful WA1. Mali based Leo Lithium (LLL) finally shared some additional news with the market, though coming back on the boards to trade wasn’t mentioned. We then got into the maiden resource from Winsome Resources (WR1) for their Adina pro...
Dec 11, 2023•30 min
Part 2 of our chat with Mr Lithium covers lots of fascinating and forgotten (in WA at least) projects & possibilities for the lithium market. We delve into what sedimentary projects are & what their impact will look like, what to make of this lithium over/under supply debate, whether China can really become the worlds biggest lithium miner & the misconceptions on lithium hydroxide vs carbonate. All Money of Mine episodes are for informational purposes only and may contain forward-loo...
Dec 08, 2023•53 min
We get the ball rolling today by announcing the winners of the “dumbest trade” competition, before launching into our take of Boss Energy’s (BOE) capital raise and acquisition. We then go to the big end of town to pick through the detail Rio Tinto (RIO) have provided on Simandou & Glencore’s (GLEN) completion of 2 aluminium related deals. Matty then takes us through the not often spoken about Tanami gold mine. We went deep into the history, orebody and everything else you need to know! All M...
Dec 07, 2023•50 min
We’ve got 4 juicy stories for the Money Miners today. First up we focus in on Latin Resources (LRS) Mineral Resource update from their Salinas project in Brazil before we have a chat about Boss Energy’s (BOE) $200m raising and announcement that they’re making an acquisition. Next up we talk about Blackstone Minerals (BSX) who’ve shared with the market that they’ve got an option to purchase a Canadian nickel mine then, last but not least, we went deep into the weeds on the Technology Metals (TMT)...
Dec 06, 2023•50 min
We go deep on 2 deals today, first up the big one, Evolution spending up to secure Northparkes. As the Money Miners would expect, we go deep into all the details, including why they’ve bought it, what the streaming does and what the actual price is. Our second deal to dive into was the acquisition of the Beyondie potash project by Reward Minerals. Our chief potash expert, Travis Riccardinho, took great pleasure in pulling apart the deal to assess what it actually means for previous equity & ...
Dec 05, 2023•44 min
We crack on into December with another round of AGM remuneration vote downs, focusing in on the mining services (including special mentions to Perenti [PRN], NRW Holdings [NWH] & Emeco [EHL]). Next up we have a chat about the new information that’s been released on the US Inflation Reduction Act with detail provided on what constitutes a “Foreign Entity of Concern”, including implication for Australia battery metal miners. Arafura’s (ARU) latest financing got a shout out as well as highlight...
Dec 04, 2023•46 min
We round out an eventful week by calling out all those company’s whose shareholders voted down remuneration resolutions for exec’s. Next up we speak about Euro Manganese’s (EMN) funding announcement to lighten their mood then onto the Balmaine (Ballarat) gold mine administration process. We say some headlines around “AusSuper going substantial on Pilbara Minerals (PLS)” which we had to call out as well as one of the more eventful AGMs at Magnis (MNS) which we weren’t able to attend. The game has...
Dec 01, 2023•32 min
Joe “Mr Lithium” Lowry is back on Money of Mine to discuss all things lithium, excluding the hard rock! We figured we’ve spoken plenty about the spodumene projects that dominate the West Australian landscape, and it was about time we got up the curve on brines, DLE & sedimentary projects. Part 1 of our chat goes into what makes up a good brine project, what the stand outs are, what DLE is all about, what the best projects look like, Joe’s thoughts on the potential impact of DLE, opinions on ...
Nov 30, 2023•1 hr
Part 2 of our chat with the Koala! In this part we delved into what makes an attractive Tier 1 & why majors sell them, whether a metal price bifurcation (on production standards) is realistic, the evolution of the mining buy-side, shareholder activism, (misaligned) incentives as well as our favourite, a punchy under-rated vs over-rated section. All Money of Mine episodes are for informational purposes only and may contain forward-looking statements that may not eventuate. The co-hosts are no...
Nov 29, 2023•1 hr 9 min
The Mintwit enigma “Koala” (@YellowLabLife) came by for a chat on all things natural resources investing. In this part 1, we dive into what aspects of natural resources investing really catches the Koala’s eye, how the M&A landscape has evolved in mining, what the pros & cons of being active on twitter are (from an investment standpoint), how the lithium market is developing and why the consensus view on iron ore is wrong. All Money of Mine episodes are for informational purposes only an...
Nov 28, 2023•1 hr 9 min
We start the week chatting about the news that Perseus (PRU) has picked up 19.9% of Tanzanian gold developer OreCorp (ORR), tainting SilverCorp’s (SVM.t) plans for a smooth takeover. On the theme of African gold, we touch on Tietto Minerals (TIE) target statement, including an Independent Expert Report highlighting that Zhaojin’s bid is not fair and not reasonable. Wrapping up on African gold we touch on Tuarco’s deal with Endevour before rounding out the show on the news that troubled Aussie mi...
Nov 27, 2023•25 min
Money of Mine made an appearance at the much-anticipated AVZ AGM, which was set up for fire works with more directors up for elections than we’ve ever seen before. We shared our thoughts on the numerous mining companies which have seen their exec remuneration packages voted against by shareholders, then pull apart the latest updates from the EU’s Critical Raw Materials Act + how it impacts an ASX rare earth hopeful. MinRes (MIN) weren’t going to share further info on the acquisition of Bald Hill...
Nov 24, 2023•43 min
