Podcasts about chalice mining

US equities extended the bull market run on Wall Street overnight in a shortened session. Trading volume was muted with the New York Stock Exchange closing early a 1pm and will be closed tonight for Independence Day. The S&P500 and the Nasdaq both closed at record highs, with investors looking past soft economic data. The S&P500 gained 0.5%, while the Nasdaq closed 0.88% in the green, as mega cap tech names rallied, including Tesla and Nvidia. European markets rallied with all major benchmarks closing in the green ahead of two national parliamentary elections, with the UK voting on Thursday followed by France on Sunday. After a negative run last week, the STOXX600 has been volatile in July so far. The index closed 0.8% higher, with most sectors in the green, primarily lead by mining stocks. The German DAX up 1.16%, Fance's CAC up 1.24% and the FTSE 100 advanced 0.6%. After a choppy session on the ASX200 yesterday, the key index posted a 0.28% gain at the closing bell, as investors weighed unfavorably strong retail sales data against a tech rally, prompted by the Nasdaq hitting a record high the prior trading session. Retail sales data came in at a rise of 0.6% for May, which is significant from the 0.1% increase reported in April and well above economist expectations. The data, however, wasn't favorable for retail companies, as it was due to heavy discounting to move inventory levels as opposed to profit making on an earnings front. Building permit data in Australia for May was also out yesterday, up 5.5%, again above expectations. Both readings show the RBA's case at taming inflation remains a difficult task as these drivers of inflation remain high. What to watch today:Our local market is set to open higher this morning, with the SPI futures suggesting a 0.94% rise at the open. In economic data, balance of trade data for May will be out today. Australia's trade surplus on goods widened to $6.55 billion in April, from a downwardly revised $4.84 billion in the previous month, surpassing market forecasts. In commodities, Crude oil is rallying, up 1.05% at US$83.68 per barrel, holding close to a two-month high amid lingering concerns about lower supply. The price of gold is up more than 1.1% to US$2,357.71 an ounce, hovering at its highest price in a month due to the drop in the US dollar and Treasury yields. And iron ore is trading 2.15% higher at US$110.32 per tonne, rising for the fourth straight session and hitting a one-month high amid an improving demand outlook in top consumer China. Trading Ideas:Bell Potter maintains a Speculative Buy rating on Chalice Mining (ASX:CHN) and have increased their valuation from $5.00 to $5.15. At CHN's current share price of $1.22, this implies over 100% share price growth in a year. Trading Central have identified a bullish signal in NRW Holdings (ASX:NWH) indicating that the stock price may rise from the close of $3.09 to the range of $3.34 to $3.40 over 7 days, according to the standard principles of technical analysis. 

After being pushed back by Anglo American for a request for more time, BHP will now have to wait to get any takeover deal done. ASX200: down 0.49%, 7,628 AUD: 66.08 US cents GOLD: $2,333 US/oz BITCOIN: $101,987 AUD BHP couldn't get a deal for Anglo American over the line, and that sent shares down 1.7% to $44.30 Iron ore price falls saw Fortescue down 3.1% and Rio Tinto down 1.5%. Gold companies down with Chalice Mining dropping a huge 11.7%, Northern Star and Evolution Mining both down 2.8%. And both Woodside and Santos were in the red by more than 1% A lift of further beef sanctions by China saw AACo up 2.8% to $1.45. A note out of Goldman Sachs talking up the prospect of Qantas helped shares to rise 2.7% to $6.07. And it was a strong day for Domain Holdings, up 2.4%, Domino's Pizza up 2.9% and Pro Medicus, lifting 3.6%. See omnystudio.com/listener for privacy information.

Reporting season has kicked off and 13 companies released their financial results so far, with 6 beating expectations and 7 meeting expectations. In this week's wrap we highlight the results and investor reactions to some key companies. Locally, from Monday to Thursday, the ASX200 fell 0.78%, weighed down by the materials and energy sectors and tracking the heavy losses on global markets.In this week's wrap, Grady covers:(0:22): how Amcor's cost controls offset the impact of lower volumes(0:56): what's driving performance of REITs like Centuria Industrial(1:28): ResMed exceeding expectations across all key metrics(2:11): why Champion Iron's share price fell(3:09): investors impressed by Transurban's results(5:42): the most traded stocks & ETFs by Bell Direct clients(6:14): economic data to watch next week.

The Finance Report with Evan Lucas, Tuesday January 23, 2024 State and Federal resources ministers will hold crisis talks with miners this week after January's critical minerals killing season claimed new victims, including Andrew Forrest's Wyloo Metals, a BHP nickel business and former market darlings Chalice Mining and Liontown Resources.See omnystudio.com/listener for privacy information.

This week's market saw the fluctuation of commodity prices, the release of anticipated economic data, and a notable surge in uranium reaching unprecedented highs. The ASX200 declined 2% (Mon – Thurs), with all 11 industry sectors in the red. Materials and real estate posted the largest losses, while Boss Energy (ASX:BOE) was the best performing stock.In this week's wrap, Sophia covers:(0:20): why the energy sector retreated this week(1:46): the fall in natural gas and iron ore prices(2:29): what's behind the uranium rally(3:04): the latest unemployment rate data(3:51): the best performing stocks on the ASX200(4:30): the most traded stocks & ETFs by Bell Direct clients(5:04): economic data to watch next week.

Wall Street's rally experienced a significant boost on Wednesday with the Dow Jones soaring 1.4% to top 37,000 points for the first time ever after the Federal Reserve not only maintained the US cash rate, but also signalled it would cut rates three times next year amid inflation easing in the world's largest economy. The S&P500 jumped 1.37% and the tech-heavy Nasdaq rallied 1.38% on Wednesday, leading to the three major indices hitting fresh 52-week highs. The Federal Reserve also lowered its inflation forecast for 2024, with the expectation of inflation to ease to 2.4%, down from the previously expected 2.6.Over in Europe, markets closed flat on Wednesday as investors in the region awaited the release of the Fed's latest interest rate decision and any commentary on rate outlook from the world's largest economy in the last month of 2023. The STOXX600 closed just 0.01% lower as gains for chemicals stocks were offset by a decline among telecoms stocks. Germany's DAX fell 0.15% on Wednesday, the French CAC shed 0.16%, and, in the UK, the FTSE100 closed the day up 0.08%. UK GDP data out overnight indicated the English economy contracted by 0.3% in October, with the country's services, production and construction services all shrinking according to new data out of the National Statistics on Wednesday. This follows growth of 0.2% in September.Locally yesterday, the ASX200 rose 0.31% driven by healthcare stocks lifting 1.11% buoyed by Sigma Healthcare soaring 40% after returning from a trading halt post Chemist Warehouse merger announcement. Neuren Pharmaceuticals was the best performing stock on the ASX200 on Wednesday while Chalice Mining and IDP Education weighed on the key index.What to watch today:Ahead of the local trading session here in Australia, the SPI futures are expecting the ASX to open Thursday's trading session up 1.09% on the back of the Wall St rally overnight.On the commodities front this morning, oil has rebounded to trade 1.9% higher at US$69.91/barrel, gold is up 2.3% at US$2024/ounce, iron ore is trading 0.73% higher at US$138.50/tonne, and coal is trading 4.26% lower at US$146/tonne.The landmark COP28 summit in Dubai has seen nations agree to ‘transition away' from coal, oil and gas as opposed to a complete ‘phase out of fossil fuels' as some of the larger nations had pushed for a complete phase-out while others argued against it. The focus for the last two weeks of the summit has been on making progress on tackling climate change after months of record-breaking extreme weather.AU$1.00 is buying US$0.67, 95.39 Japanese Yen, 52.32 British Pence and NZ$1.07.Trading Ideas:Bell Potter has maintained a hold rating on Clean Seas Seafood (ASX:CSS) and has significantly reduced the price target on the integrated Kingfish producer after the company announced a material strategy pivot and associated recapitalisation of the balance sheet. The new strategy includes an approximate 800 tonne reduction in biomass, a consolidation of farming sites and a targeted reduction in fixed and variable costs.And Trading Central has identified a bearish signal on Chorus (ASX:CNU) following the formation of a pattern over a period of 30-days which is roughly the same amount of time the share price may fall from the close of $7.13 to the range of $6.15 to $6.35 according to standard principles of technical analysis.

Wall Street ended Friday's session in positive territory across the key indices with the S&P500 closing at the highest level for the year, after favourable economic data enhanced signals of a soft landing in the U.S. over a recession. The S&P500 rose 0.41%, the tech-heavy Nasdaq added 0.45%, and the Dow Jones lifted 0.36% on Friday, and for the week the key indices each posted gains under 1% to end a 6th straight winning streak higher.November jobs data out late last week indicated the US economy added 199,000 jobs for the month which beat economists' expectations, while the November unemployment rate dipped to 3.7% from 3.9% in October; which also topped expectations of a hold at 3.9%. This data indicates the US economy remains resilient and robust against inflation easing in the higher interest rate environment. Consumer sentiment and inflation expectations also showed positive signs in that sentiment hit the highest level since July in the latest reading while inflation expectations continue to ease.Over in Europe, markets also closed higher on Friday as investors in the region responded to favourable jobs data out of the U.S. and welcomed the resilience in jobs as a sign that the world's largest economy could avoid recession. The STOXX600 rose 0.7% as travel and leisure stocks rose 1.5%, while Germany's DAX added 0.78%, the French CAC rose 1.32% and, in the UK, the FTSE100 lifted just over half a percent.Locally on Friday, the ASX200 rose 0.3% boosted by the energy sector recovering from recent lows to close the day 1.04% higher, while technology and utilities stocks were the only two sectors to end Friday's session in the red.The story of the session on Friday drove Santos to a 6.2% rise after the energy giant hit headlines for a proposed merger with fellow energy giant Woodside to create a $52bn energy powerhouse.What to watch today:Ahead of the local trading session here in Australia the SPI futures are expecting the local market to open Monday's trading session 0.22% higher to start the new trading week in the green and extend the Santa rally we have seen this month so far.On the commodities front this morning, oil has recovered to trade 2.73% higher at US$71.23/barrel, gold is down 1.18% at US$2004/ounce and iron ore is up 1.87% at US$136/tonne.AU$1.00 is buying US$0.66, 95.35 Japanese Yen, 52.43 British Pence and NZ$1.07.Trading Ideas:Bell Potter maintains a speculative buy rating on Chalice Mining (ASX:CHN) and a 12-month price target of $5.40 following the release of recent results from the ongoing drill programs at its 100%-owned Gonneville Nickel Copper PGE project in WA, with the results showing extensions of high-grade zones to the north-west of the deposit. Chalice also announced that all key approvals have been received to allow commencement of the next phase of exploration drilling across the full >30km strike length of the interpreted Julimar Complex.And Trading Central has identified a bullish signal on Sonic Healthcare (ASX:SHL) following the formation of a pattern over a period 53-days which is roughly the same amount of time the share price may rise from the close of $31.10 to the range of $32.70 to $33.10 according to standard principles of technical analysis.

The ASX200 advanced 1.42% this week (Mon - Thurs), with real estate and information technology in the lead. The rally came after the RBA announced it's holding the cash rate at 4.35%. Most industry sectors posted strong gains, apart from energy and utilities.As the festive season and new year approach, let's consider Bell Potter's latest outlook and stock picks, across three industry sectors - fast moving consumer goods or FMCG, technology and real estate.In this week's wrap, Sophia covers:(0:30) buying opportunities in the FMCG industry(1:36) Bell Potter's recommendations in the tech sector for 2024(2:44) real estate stocks to consider(4:52) the best & worst performing stocks on the ASX200(5:48) the most traded stocks by Bell Direct clients this week(6:28) economic data to watch out for next week.

Wall Street opened the new trading week lower, retreating from the rally experienced on the NYSE over the last five weeks. The Dow Jones fell 0.11%, the S&P500 dropped 0.54%, and the Nasdaq took the biggest hit, falling 0.84%. The sectors that have carried Wall Street over the last 11 months took the biggest hit on Monday as investors digest the high valuations of big-name companies especially in the technology sector.Alaska Air fell 14.2% on Monday after it agreed to acquire rival airline, Hawaiian Airlines for US$1.9bn in a bid to expand Alaska Air's presence to the West Coast of the US.Spotify shares rose 8.8% on Monday after the music streaming giant announced it would lay off 17% of its workforce, which equates to around 1500 jobs in a bit to cost cut in the high-cost environment.Over in Europe, markets closed mostly lower on to start the week as the big miners weighed on markets in the region, while gold miners bucked the trend with a rally on the back of the precious commodity hitting a record high US$2100/ounce. Analysts are predicting the price of gold will remain resilient into 2024 on outlook of a weaker USD, geopolitical uncertainty and the prospect of interest rate cuts on the horizon. The STOXX600 fell 0.1% on Monday, Germany's DAX rose 0.04%, the French CAC fell 0.2% and, in the UK, the FTSE100 lost 0.22%.Locally yesterday, the ASX200 kicked off the new trading week on a very positive note with the key index ending the session up 0.73% buoyed by interest-rate sensitive sectors, with the tech sector rising 1.9%, while real estate added 1.55%. On the other end of the market, the utilities sector fell 2.52% while energy stocks lost 1.26% on the sliding price of oil.Chalice mining recovered 11.47% on Monday despite no price sensitive news out of the copper-nickel miner yesterday. Star Entertainment Group gained 6.86% on Monday while the lithium miners came under pressure yesterday with Sayona Mining falling 9.68%, Core Lithium shedding 5.56% and Pilbara Minerals ending the day down 2.22%.What to watch today:Ahead of the local session here in Australia the SPI futures are expecting the ASX to open Tuesday's session down 0.53%, taking lead from Wall Street overnight.Taking a look at commodities this morning, oil continues to decline despite OPEC+ announcing production cuts of 2.2 million barrels per day in a bid to stabilise the price of oil, which is trading 1.07% lower at US$73.28/barrel. Gold is down 2% this morning at US$2029/ounce and iron ore is up 0.4% at US$133/tonne.On the economic calendar today the highly anticipated RBA interest rate decision is announced today with the expectation of the interest rate to be maintained at the current 4.35%.Stocks trading ex-dividend today include Fisher & Paykel Healthcare Corporation and Dalrymple Bay Infrastructure. If you've been thinking about these stocks, it might be worth considering buying in today as stocks trading ex-dividend, generally trade lower on the ex-dividend date.Trading Ideas:And Bell Potter has maintained a speculative buy rating on Deep Yellow (ASX:DYL) and a 12-month price target of $1.81 after the uranium miner added an additional approximately 1.5 years of production to the Tumas project, with the expanded indicated and inferred resources. Looking into CY24, some key catalysts include a Final Investment Decision on Tumas, refreshed capital and operating costs for Tumas, and Mulga Rock updated definitive feasibility study.And Bell Potter has slightly increased the price target on Genusplus Group (ASX:GNP) from $1.40 to $1.50 and maintain a buy rating on the mining services provider following the Genusplus and its JV partner ACCOINA being awarded a $1.4bn design and construction contract for the HumeLink East project by Transgrid.

Wall Street's recent rally extended into Tuesday's session as investors welcomed the latest inflation data that came in at an annual rate of 3.2% which was below economists' expectations of 3.3% and raises investors' hopes that the Fed's rate hike campaign is coming to an end. The Dow Jones rose 1.7%, the S&P500 added 2.1% and the tech-heavy Nasdaq jumped 2.5%. The 10-year US Treasury Yield also tumbled below 4.5% following the release of the soft inflation report.Banks including Bank of America and Wells Fargo rallied on hopes that the US economy could avoid a recession all together.Home Depot shares lifted nearly 6% on Tuesday following the release of better-than-expected third-quarter earnings results.Over in Europe, markets also welcomed the cooler-than-expected US inflation data, as markets in the region closed higher on Tuesday. The STOXX600 rose 1.4%, led by retail stocks rising 3.1% while oil and gas stocks fell 0.2%. Germany's DAX rose 1.76% on Tuesday, the French CAC added 1.4% and, in the UK, the FTSE100 lifted 0.2%.Locally yesterday, ASX closed 0.83% higher on Tuesday, despite the release of Westpac consumer confidence data for November and NAB business confidence data for October both showing declines against economists' expectations of respective rises. NAB Business confidence data for October fell a further 2 points despite business conditions edging up, driven by higher sales and profitability while employment eased. This reading indicates businesses remain cautious despite the resilience we are seeing in business conditions.Westpac consumer confidence for November also fell 2.6% in data out yesterday to 79.9 points indicating consumers are pessimistic following the RBA's latest rate hike for November placing additional financial pressures on Aussie households.Energy stocks did most of the heavy lifting on Tuesday with the sector closing 2.54% higher, boosted by Beach Energy rising 5.6%.Commonwealth Bank of Australia rallied just shy of 1% on Tuesday after Australia's largest bank released a first quarter trading update including unaudited statutory NPAT up 1% on the PCP to $2.5bn. Operating income was flat though for CBA and operating expenses were up 3%, reflecting higher costs from wage inflation and higher amortisation.Big bank earnings over the last weeks have indicated strength and resilience by the big four in FY23 and the start of FY24, with revenues boosted by the rising interest rates and the peak of respective Net Interest Margins. Multiple signs have suggested though that future revenue and earnings are likely to ease including slowing mortgage and business credit growth across the board, rising operating costs due to inflation, higher switching by customers between all accessible banks both big and small, and the net interest margin peaking during FY23.What to watch today: Ahead of the local trading session here in Australia, the SPI futures are anticipating the ASX to open the midweek session up 1.35% following the strong rally on global markets overnight.On the commodities front this morning, oil is trading 0.74% higher at US$78.83/barrel, gold is up 0.85% at US$1962.52/ounce and iron ore is flat at US$130.50/tonne.AU$1.00 is buying US$0.65, 97.87 Japanese Yen, 52.03 British Pence and NZ$1.08.Trading Ideas: Bell Potter has decreased the 12-month price target on Chalice Mining (ASX:CHN) from $7.10 to $5.40 and maintain a speculative buy rating on the exploration company following the release of an update from ongoing hydrometallurgical test work programs the company has been undertaking for its 100%-owned Gonneville deposit. The results demonstrate the potential for higher recoveries to be achieved compared with those assumed in the scoping study released in August this year. The decline in price target is due to lower palladium and platinum price for

The uranium market over the last month has seen increasing volatility, mostly led by demand across the nuclear fuel sector and limited near-term supply. Globally, the share prices of uranium miners have rallied, with smaller miners outperforming the large-cap uranium stocks. Considering this, we explore the four ASX-listed companies favoured by Bell Potter in the uranium market.In this week's wrap, Sophia covers:(0:12) drivers of the uranium market's increasing volatility(1:23) Boss Energy's (ASX:BOE) Speculative Hold recommendation(1:56) Paladin Energy's (ASX:PDN) focus on development(2:11) Deep Yellow's (ASX:DYL) Speculative Buy rating(2:44) Alligator Energy's advancement with four projects(3:26) the best performing stocks in the ASX200(3:52) the most traded stocks & ETFs by Bell Direct clients(4:19) five economic news items to watch out for.Read the transcript here

Wall Street closed mixed on Friday amid a spike in the price of oil and renewed inflation fears which led to the Dow Jones rising 0.12% while the S&P500 fell 0.5% and the Nasdaq lost 1.23%. For the week, the S&P500 added 0.45%, and the Dow Jones rose 0.79%, but the tech-heavy Nasdaq fell 0.18% over the four trading days.Escalating geopolitical tensions in the Middle East caused the price of oil to jump 6%, the most in one session since April.Dollar General shares popped 8.8% on Friday after the discount retailer announced former CEO Todd Vasos would return to lead the company while chipmaker and AI shares including Adobe and Nvidia shares rallied to end the week higher. The release of key consumer sentiment data also weighed on Wall St on Friday with the reading showing investor sentiment plunged in October while inflation fears spiked. Third quarter earnings are also in focus over the next week as investors will assess how corporations are faring the high interest rate environment. JPMorgan Chase and Wells Fargo kicked off the earnings period with stronger-than-expected profit and revenue for the third quarter.Over in Europe, markets closed lower on Friday amid global investor sentiment sliding especially on the back of rising geopolitical tensions between Hamas and Israel. The STOXX600 fell 1% weighed down by tech stocks dropping 2.5%. Germany's DAX shed 1.55% on Friday, the French CAC fell 1.42%, and in the UK, the FTSE100 lost 0.6%.Locally on Friday, the ASX200 fell just over half a percent, weighed down by a sell-off in technology and real estate stocks, which are both sectors impacted by higher interest rates which is the general consensus at the moment among investors through the sentiment of higher for longer. Chalice Mining fell a further 8.3% on Friday while Weebit Nano and Core Lithium fell over 6% each. Bega Cheese rallied over 3% though after Bell Potter upgraded the dairy maker to a buy rating with a price target of $3.35/share.What to watch today:Ahead of the new trading session here in Australia, the SPI futures are expecting the local market to open the new trading session down 0.42% to start the new trading week lower.On the commodities front this morning oil is up 5.99% at US$87.87/barrel, gold is up 3.42% at US$1932.50/ounce and iron ore is up 1.74% at US$117/tonne.AU$1.00 is buying US$0.63, 94.13 Japanese Yen, 52.06 British Pence and NZ$1.06.Trading Ideas:Bell Potter has increased the 12-month price target on Coventry Group (ASX:CYG) from $1.35 to $1.40 and maintain a buy rating on the company following the release of the multi-disciplinary industrial supply and services company's 1QFY24 trading update indicating Coventry is on track for a very strong FY24. Group sales for the first quarter were up mid-single digits to $94.6m while unaudited pre-AASB-16 EBITDA came in at $5.4m, up 11% on the PCP.And Trading Central has identified a bearish signal on Ingenia Communities Group (ASX:INA) following the formation of a pattern over a period of 59-days which is roughly the same amount of time the share price may fall from the close of $3.96 to the range of $3.45 to $3.55 according to standard principles of technical analysis.

Ahead of the RBA's rate announcement next week, we look at the predicted rate outlook for the remainder of CY23, what this means for companies and most importantly, what the outlook means for your portfolio this festive season.In this week's wrap, Grady covers:(0:12) fears and expectations around the cash rate,(0:27) Tuesday's RBA meeting,(1:56) what ‘higher for longer' means for businesses and individuals,(2:29) two companies who excelled in the FY23 reporting season,(3:04) interest rate impacts on portfolios and investment decisions,(4:46) the best performing stocks in the ASX200,(6:12) the most traded stocks & ETFs by Bell Direct clients, and(6:27) five economic news items to watch out for.

In this podcast, Mark Pownall and Simone Grogan discuss lithium action, Chalice Mining, Qantas, John Carey, Tim Gurner and The Court Hotel.

Artificial Intelligence or AI is the phrase and phenomenon of 2023, paving the way for hyper efficiencies, cost-cutting, and overall operational excellence. With recent government assistance, the scale of in-house investing in AI for ASX listed companies is ramping up. Learn about which companies are leading the way.In this week's wrap, Grady covers:(0:11) Australia's AI landscape(1:08) Temple & Webster's (ASX:TPW) AI investment strategy(1:54) WiseTech Global's (ASX:WTC) acquirement of Shipamax(2:24) Coles Group (ASX:COL) experimenting with ChatGPT(2:57) AI in the mining sector - (3:56) Investing in AI-themed stocks(4:55) Best performing stocks in the ASX200(5:50) The most traded stocks & ETFs by Bell Direct clients(6:23) Five economic news items to watch out forRead the article transcript here

Chalice Mining has had a bumpy ride since releasing the Scoping Study on its Gonneville Nickel-Copper-PGE Project in WA. The share price fell as the market grappled with a range of complex factors relating to both technical and financial aspects of the project. Managing Director Alex Dorsch addresses each of these issues in full and frank detail, explaining the implications of the study's key findings and why he believes some elements have been misunderstood. He also provides some valuable insights into the next milestones at Gonneville and what will drive shareholder value over the coming months.  ---- Produced by Resource Media ---- The Hole Truth is a product of Read Corporate. Please note that Read Corporate does not provide investment advice and investors should seek personalised advice before making any investment decisions. 

Recording date: 1st September 2023Same comment as our last call - Nickel continues to bounce along the bottom of $20,000-$22,000 ($9-$10/lb) range where it's been since early June and has only briefly broken $9/lb.  LME inventories remain near multi-year lows.China is still split on 2 key markets – sulphate for battery continues to tread water, while stainless continues to edge higher, again despite lots of noise on Chinese weakness with both stainless prices and NPI prices moving higher once again. Things are quiet here in summer, howeverSPC Nickel, who consolidated property in Sudbury from Vale, hit some interesting intervals.  Talked in the past about a good exploration team that is in the same neighbourhood as Magna Mining Sudbury property.Hole WG-23-047, intersected a high-grade section that returned 1.27% Ni, 0.47% Cu over 18.00 metres from 245m to 263m within a thick zone of nickel and copper mineralization grading 0.70% Ni, 0.32% Cu over 50m from 221m to 271m.Canada Nickel made Mann Northwest announcement - is another major discovery One of 11 targets larger than Crawford – target geophysical footprint of 6km2 is more than triple the size of Crawford footprint.The first 8 holes drilled at Mann Northwest intersected well-mineralized, multi-hundred-metre intervals of mineralized peridotite and minor dunite across a combined strike length of 2.7 kilometres  - all holes were largely mineralized across the entire core length.  Initial mineralogy samples showed well-serpentinized material with heazlewoodite and pentlandite dominant nickel minerals.Target remains open in all directions.The big thing to talk about this week is Chalice Mining PEA – market cap has fallen by +30%.  They are the big boy with a pre-announcement market cap of $1.8 billion (which was already higher), so we need to say it like it is – particularly as PEA had some “offensive/aggressive” assumptions. Headline numbers all look great – but the market quickly realized some very aggressive assumptions.Chalice Mining just published a PEA, a month earlier than Canada Nickel will be publishing their Feasibility Study (FS) on Crawford – their deadline for FS is 2.5-years from now.Their biggest issue is the price deck:Palladium price (over ½ revenue) was $2,000 – today's price is $1,200. Remember palladium's main use is now being phased out as EV market reduces the need for catalytic converterNickel price was $24,000 –($11/lb) – we'll probably be looking at the $20-$21,000 range. Copper price was $11,000 ($5/lb) – copper prices have NEVER been this highWhen looking at the value at today's price deck – you get to a value somewhere between negative and $500 million – Remember their market cap is still $1.3 billion!!Chalice and  Canada Nickel are interesting comparisons.  Gonneville was discovered about the same time as Crawford so a good yardstick – the focus was nickel initially, but it turned out to be mostly PGE deposit with a scale about 1/3 less than Crawford and half the mine life.Another thing that is interesting is capex – we've indicated our capex will likely be in $US1.8-1.9 billion range, Chalice is getting 1/3 bigger mine/mill operation, a leach plant, a hydromet plant for 10% LESS cost than Canada Nickel in a higher cost jurisdiction.When the price deck is crazy aggressive, raises questions around what of the other 300-400 assumptions in there are also very aggressive! Will need a reset of expectations, and more than likely, a new owner who can take advantage of this fall from grace.I'll State it AgainWe have talked about it in the past, but want to make sure watchers are very clear on this point.A PEA IS ONLY AS GOOD AS THE ENGINEERING FIRM WRITING THE REPORT.  REMEMBER THERE ARE ENGINEERING COMPANIES THAT ALMOST NEVER BUILD PROJECTS, SO WRITING REPORTS IS THEIR BUSINESS AND IF THEY DON'T GIVE MINING COMPANIES THE ANSWERS THEY WANT, THEY DON'T GET THE BUSINESS.MOST FRUSTRATING FOR ME, WHEN INVESTORS SAY WHY NOT PROJECT HAVE MID-20% IRR?  REALITY IS THAT WITH VERY FEW EXCEPTIONS – ONLY GET THOSE RESULTS FOR SMALLER, HIGH-GRADE DEPOSITS IN TOUGH JURISDICTIONS, GENERALLY WITH A COMPARATIVELY SHORT LIFE OF MINE.  IF BUILDING A MINE IN PLACE THAT GOVERNMENT WON'T TAKE IT AND A SCALE MAJORS WANT, BASE METALS PROJECTS ARE EITHER SIDE OF MID-TEENS IRR.

Incorporating environmental, social and governance (ESG) factors into investment decision-making has been a growing interest for investors and companies. An ESG criteria evaluates a company's sustainability and ethical impact and has had a notable impact on the share market by navigating investor preferences and capital allocation.In this week's wrap, Grady covers:(0:10) The importance of ESG goals for corporations(0:51) Companies kicking goals on the ESG front(2:21) The beginning of earnings season(3:48) Best performing stocks in the ASX200(5:04) The most traded stocks & ETFs by Bell Direct clients(5:38) Three economic news items to watch out for

This is a live recording from the main stage of Resources Rising Stars conference on the Gold Coast, between Read Corporate Managing Director Nicholas Read and Australia's newest billionaire Tim Goyder.  They chatted about what made Liontown so successful, the great lithium discovery, their takeover approach from Albermarle and his philosophy on making money for shareholders through small and mid-cap resources companies. Tim calls a spade a spade and put on a great show for investors. ---- Produced by Resource Media ---- The Hole Truth is a product of Read Corporate. Please note that Read Corporate does not provide investment advice and investors should seek personalised advice before making any investment decisions. 

The Boron Story - Samso is Excited.   The Boron story is going to be a big asset for Venture. For those taht are new to the Boron game, you will quickly find that Venture is in the big leagues. Granted that there is still a lot of questions, such as, is there an economic volume, is there an economic recoverable process...etc.   For Samso, the input credit and the potential ability to recover more tin in the process is the game changer. When you look at the major mining projects, it is very often the input m credits of other products in the mine that makes the profitability of the mine. If you look at Olympic Dam, by far the biggest single mine in the world, it is the myriad of other metals that have extended the life of the mine.     Samso's Conclusion   Venture Minerals have been through a wild ride over the two years. There is no denying that there are shareholders who are disappointed with the journey lately but there are also shareholders that have bought at the lows and exited with a handsome loot.   The introduction of the Boron story is exciting. This could be the game changer for Venture. This will create a new dimension for the company as when you look at the market for Boron, it will be an eye opener. If the oncoming data about what Venture have in terms of the Boron is positive, we will be in for another ride.   Whichever shareholder you are, there is also some realities that make VMS a well balanced investment. When you look at the portfolio of projects, they are placed in every stage of the exploration game. You have early stage greenfield exploration such as Kulin and Golden Grove North. Thor which is in a joint venture with Chalice Mining is being explored but is free carried as Chalice is earning into the project.   Mt Lindsay and the Riley iron ore project is the next step up. Mount Lindsay has greenfield to "development". Riley is at mining stage. Riley is waiting for the right market timing and can be turned on when the time arrives.   So my thoughts on a company like this is, its hedged at all ends. There are not too many companies in the sector with this kind of portfolio. I have spoken to many and I will be surprised that there is more than a handful with the well spread of projects like Venture Minerals.   When you have been in the sector for a long time, you appreciate these kind of odds. For this reason, I think that at at market cap of 40M, Venture is definitely worth doing some lengthy research.   Andrew Radonjic has been in this game for a long time and when you look at the price chart in Figure 1, the risk of investing in the company is not ambiguous. One may say you can go to the casino and have the same odds, but as all investors in this sector, we beg to differ. Research and understanding your risk management is the key.   Understand the geology, understand the upside and downside and understand your own risk capability. For these reasons, I strongly recommend reaching out to Andrew and getting him to give you the low down on the company.     Chapters:   00:00 Start 00:20 Introduction 01:20 About Venture Minerals and boron 04:14 Tin-rich borates in Mount Lindsay 12:02 Any potential metallurgical issues? 14:57 How much can be recovered from the cassiterite? 19:56 Uses of boron 23:18 Market shifts? 28:57 News flow 30:22 Why VMS? 31:56 Conclusion

US equities closed lower overnight. The Dow Jones fell nearly 200 points as investors assessed what the spike in oil prices could mean for the global economy. The S&P500 closed 0.6% lower; both the Dow and S&P500 snapped a four-day win streak. The Nasdaq closed 0.5% in the red. Also prompting the market losses was the latest job openings report out in the US, which saw that the number of available positions in February dropped below 10 million for the first time in almost two years. European stocks were marginally lower. The oil and gas sector declined following the announcement earlier this week by OPEC; they're cutting output by over a million barrels of oil per day, starting from May. Investors are now focusing on demand trends and the impact of higher prices on the global economy. Also overnight, we saw the British pound trade higher against the US dollar throughout the session and hit a 10-month high. This followed the Bank of England's chief economist warning that “domestically-generated inflation remains a risk” and that the fall in US job openings suggests that the Fed's aim of slowing the labour market is taking effect. What to watch today:After global markets closed in negative territory overnight, the SPI futures are suggesting that our local market will fall 0.18% at the open this morning. A few stocks to watch today include Novonix (ASX:NVX) and Scentre Group (ASX:SCG) both holding their AGMs today. While stocks going ex-dividend today include ARB Corporation (ASX:ARB), Imdex (ASX:IMD) and Ridley Corporation (ASX:RIC). Remember this often sees share prices fall, as investors take their profits. In economic news, today the RBA Governor Phillip Lowe will give a speech, following yesterday's cash rate decision, with the RBA holding the cash rate at 3.6% for the first time in 10 months. In commodities:Oil prices continue to rise, underpinned by the surprise production cut announcement by OPEC. The price of gold has reached its highest level since March 2022, after the US jobs opening data pointed to a slowdown in the labour market, which suggests that the Fed may not need to raise rates. Iron ore is currently trading almost 3% lower at US$123.50 per tonne, approaching a two-month low, amid underwhelming demand in the Chinese peak construction season, as well as signs of increased speculatory control. So, keep watch of iron ore stocks today. Trading Idea:Bell Potter maintain a Speculative Buy rating on Chalice Mining (ASX:CHN), after the miner announced a major resources upgrade for the Gonneville deposit, at its 100% owned Julimar Nickel-Copper Platinum Group Elements (PGE) project, which is approximately 70km north of Perth. Bell Potter says that the “project represents a unique opportunity to establish a new, strategic, long-life, low-cost PGE and base metals supply in a top mining jurisdiction. It's partly because of the inclusion of PGE's nickel and cobalt on Australia's and the USA's critical minerals lists, due to their role in the lithium-ore battery and hydrogen fuel cell production value chain and Russia's market dominance. The company's latest update exceeded Bell Potter's expectations and they have lifted their valuation by 8% to $12. At CHN's current share price of $7.25, this implies 65.5% share price growth in a year. 

Senior journalists Matt Mckenzie and Claire Tyrrell discuss how property developers and policymakers are navigating community opposition during the planning process. Plus the latest on Liontown Resources, Chalice Mining and Stockland with Jordan Murray.

Mamba Exploration (ASX: M24) managing director Mike Dunbar joins Small Caps to discuss the company's latest intercepts from drilling at the Black Hills priority target, which is only 30km from Chalice Mining's renowned Julimar deposit in Western Australia's Darling Ranges. An initial diamond hole was drilled into the southernmost electromagnetic conductor at Black Hills and encountered 5.55m of sulphide mineralisation. Mr Dunbar said as a result of the discovery, samples of the highest priority drill core have already been dispatched for analysis, and the diamond drill program is continuing to testing anomalies. Articles:https://smallcaps.com.au/mamba-exploration-finds-massive-sulphide-zones-drilling-black-hills-target/https://smallcaps.com.au/mamba-exploration-drill-black-hills-survey-firms-up-high-priority-targets/ For more information on Mamba Exploration:https://smallcaps.com.au/stocks/M24/See omnystudio.com/listener for privacy information.

The local market reversed Monday's losses to close Tuesday's session up 0.31% as a rally for technology, industrials and financial stocks boosted the key index into positive territory, while a sell-off in materials stocks pared back strong gains. Tomorrow and Thursday are the sessions investors are most anticipating this week amid the release of US inflation data and the Fed's latest interest rate hike decision.Star Entertainment shares came under pressure today as ASIC begins civil penalty proceedings in the Federal Court against 11 current and former directors and executives for alleged breaches of their duties.Inoviq (ASX:IIQ) shares jumped 15% today after the cancer diagnostic and treatment development company announced positive results from its Ovarian cancer study confirming the utility of the company's EXO-NET for EV-biomarker discovery and generation of multivariate index assay had over 90% accuracy for the detection of early-stage ovarian cancer.The winning stocks today were led by Bendigo and Adelaide Bank (ASX:BEN) jumping 6.86% after the company provided a trading update outlining net interest margin improvements to 1.85% post revenue share arrangements YTD, unaudited cash earnings YTD of $245m, up 22% on the PCP and lending balances up 5.2% over the last 12-months. Megaport (ASX:MP1) added almost 6% today and Imugene (ASX:IMU) rallied 5.41% on Tuesday.And on the losing end of the market, Chalice Mining (ASX:CHN) fell 8.06% as investors respond to the delay of the company's scoping study, while Champion Iron (ASX:CIA) and Fortescue Metals Group (ASX:FMG) each also lost over 4%.The most traded stocks by Bell Direct clients on Tuesday were MSL Solutions (ASX:MSL), Bank of Queensland (ASX:BOQ) and BHP Group (ASX:BHP).On the commodities front, crude oil is up 1.18% at US$74.02/barrel, natural gas is up 1.55%, uranium is flat at US$48.70/pound, gold is flat at US$1782.77/ounce and iron ore is up 1.79% at US$113.50/tonne.The Aussie dollar is buying 67.47 US cents, 92.85 Japanese Yen, 55 British Pence and 1 New Zealand Dollar and 6 cents.Westpac consumer confidence data for December out today showed an increase of 3% from a decline of 6.9% in November as investor optimism is boosted by expectations that the RBA's interest rate tightening cycle is nearing an end.NAB business confidence on the other hand fell to minus 4 for November from 0 in October amid rising inflation and higher interest rates.

The ASX took strong lead from global markets overnight into Thursday's session, finishing the day down 0.75% as investors continued to flee high growth tech stocks in the rising interest rate environment. The worst performing sector today was energy stocks, while 7 of the 11 sectors also closed red today.Chalice Mining (ASX:CHN) soared 13% today after the exploration company announced promising new sulphide mineralisation at the company's initial drilling at the greenfield Hooley Prospect, around 5km north of the current Gonneville Resources at the 100%-owned Julimar Nickel-Copper-Platinum Project in WA. Sulphide mineralisation was intersected at all 5 reconnaissance holes from three drill sites over the prospect, with assays pending for a further nine holes.All four big banks have passed on the full 25-basis points rate hike to variable interest rate customers, but none have announced whether, if at all, the rate hike will be passed onto term deposit customers.Downer (ASX:DOW) shares plunged more than 21% today after the engineering group flagged accounting irregularities and cut its profit guidance for FY23 in an update to investors. The winning stocks from today's session were led by Chalice Mining (ASX:CHN) adding 13%, West African Resources (ASX:WAF) added 4.65% and Sliver Lake Resources (ASX:SLR) jumped 3.88%. And on the losing end of the session, Downer (ASX:DOW) led the losses tanking 20.42%, Core Lithium (ASX:CXO) fell almost 10% and Novonix (ASX:NVX) shed 8.09% today.The most traded stocks by Bell Direct clients today were Whitehaven Coal (ASX:WHC), Yancoal (ASX:YAL), and Commonwealth Bank of Australia (ASX:CBA).On the commodities front this afternoon, crude oil is trading 0.86% higher at US$72.64 per barrel, coal is down 0.93% at US$405 per tonne, gold is down 0.22% at US$1,782 per ounce, and iron ore is down almost 2% at US$107.50 per tonne.The Aussie dollar is buying 67.15 US cents, 91.99 Japanese Yen, 55.01 British Pence, and NZ$1.06.In economic data out today, Australia's trade balance for October was unveiled with a surprise slight fall to $12.217 billion in trade surplus, which well exceeds the forecasted decline to $11.9 billion, indicating exports and imports remained relatively unchanged from September to October.

Venture Minerals Limited (ASX:VMS, OTC:VTMLF) managing director Andrew Radonjic says its partner Chalice Mining Ltd (ASX:CHN, OTCQB:CGMLF) has kicked off ground and airborne electromagnetic (EM) surveys as well as a geochemical sampling program aimed at delineating existing targets and potentially identifying new targets for future drill testing at the South West Project in Western Australia. Chalice earlier decided to commit to the second stage of the joint venture (JV) after identifying two new nickel-copper-PGE targets at the project. #ProactiveInvestors #VentureMinerals #asx #ChaliceMining #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

The ASX200 moved higher today, closing with a 0.3% gain. Nine of the eleven industry sectors are in the green with real estate stocks advancing the most, up 1.7%. Meanwhile, the energy and materials sectors declined the most. Lithium company Sayona Mining (ASX:SYA) was the best performing stock on the ASX200 today, closing the session 10.6% higher. While there was no news from the company, its share price was likely boosted by the price of lithium, which has reached a record high. Lithium carbonate prices in China extended its record high, now up 95% year-to-date, as surging demand coincides with tight supply. Other top performing stocks today included Credit Corp (ASX:CCP), St Barbara (ASX:SBM), Nine Entertainment (ASX:NEC) and Core Lithium (ASX:CXO). On the flip side, Reliance Worldwide (ASX:RWC) declined the most today, closing the session more than 13% lower. The company released a quarterly update this morning, which was a mixed bag of results. Sales increased when compared to the prior corresponding period, while EBITDA margins fell more than 26% over the quarter. Ampol (ASX:ALD), New Hope Corporation (ASX:NHC) and Chalice Mining (ASX:CHN) also closed in the red. The most traded stocks by Bell Direct clients today were Whitehaven Coal (ASX:WHC), Pilbara Minerals (ASX:PLS), the Bank of Queensland (ASX:BOQ) and Sayona Mining (ASX:SYA). Tonight, the government will be handing down the Federal Budget. This isn't likely to have much impact on markets, however we'll all still be watching the budget tonight. It'll be announced at 6:30pm AEDT. And tomorrow the inflation rate for the third quarter will be released. The inflation report is more likely to have some influence over markets tomorrow, with inflation expected to rise from 6.1% to 6.5%. This is a key piece of data ahead of the RBA's next meeting on Tuesday, when markets are expecting a 25-basis point rate hike. Lastly, the Australian dollar is buying 63 US cents, 56.58 British Pence, 94.13 Japanese Yen and 1 dollar and 11 cents New Zealand. 

Overseas, the US markets rally came to an end on Wednesday as treasury yields rose to multi-year highs amid concerns the Federal Reserve will remain hawkish for months to come which in-turn raises the risk of a recession. The market sell-off dampened strong earnings reports from Netflix and United Airlines as an analyst at Morgan Stanley says earnings forecasts for this reporting season had been ‘cut to the bone' so beating forecasts wouldn't be hard as companies had already factored in rising interest rates and other impacts into outlook for the reporting season. The Dow Jones industrials index fell 0.33%, the tech-heavy Nasdaq dropped 0.85% and the S&P500 closed the midweek session down 0.67%.Over in Europe and the UK, the four-day rally also ended after UK inflation data for September rose again to 10.1% after an unexpected decline in august. Food, energy and transport costs drove the rise in inflation, with the country's cost of living continuing to hit residents and businesses hard especially before the winter months. The increase in inflation enhanced investor fears of a recession in the region as further interest rate hikes are expected to cool the rising inflation. The FTSE100 fell 0.17%, Germany's DAX lost 0.19% and the French CAC closed the midweek session 0.43% lower.What to watch today:The SPI futures are anticipating the ASX to follow the global sell-off by opening 0.7% lower.On the commodities front, brent crude oil has rebounded from recent day declines to trade 2.67% higher at US$92.43 per barrel, iron ore is trading flat at US$95 per tonne, and gold is trading 1.44% lower at US$1629 per ounce.The Australian dollar has strengthened to 68.08 US cents, 55.17 British Pence, 93.98 Japanese yen and 1 New Zealand Dollar and 11 cents.In economic data Australia's unemployment rate for September will be released at 10:30am AEDT with the market expecting a decline to 3.4% for September, from 3.5% in August.Trading Ideas:Trading Central has identified a bullish signal on Chalice Mining (ASX:CHN) following the formation of a pattern over a period of 46-days which is roughly the same amount of time the share price may rise from the close of $4.17 to the range of $4.95 to $5.15 according to standard principles of technical analysis.Trading Central has also identified a bullish signal on Azure Minerals (ASX:AZS) following the formation of a pattern over a period of 92-days which is roughly the same amount of time the share price may rise from the close of $0.29 to the range of $0.40-$0.42 according to standard principles of technical analysis.

US equities closed in the red for the third straight day, as mounting fears that the Federal Reserve's aggressive rate hikes will push the economy into a recession. The session put the major averages on pace to close the week with losses. The Dow Jones closed 0.35% lower, the S&P500 down 0.8% and the Nasdaq down 1.4%. Investors have been selling stocks following another rate hike from the Fed on Wednesday night. Bond yields surged again – the yields on the 10-year and 2-year Treasury notes notching fresh multiyear highs, hitting their highest levels since February 2011 and October 2007 respectively.  European stocks ended the day lower, after central banks in Switzerland and the UK, announced interest rate hikes. The Bank of England raised interest rates by 50 basis points, its seventh consecutive hike. What to watch today:The Australia market is set to fall 0.26% at the open this morning.In commodities, oil is trading higher, recovering from two consecutive sessions of losses, as hopes of higher Chinese demand and geopolitical tensions, more than offset global growth worries. Gold is in the red, sliding back towards the lowest levels in over two years. And iron ore has dropped to its lowest in nearly 10 months. Watch the share price movements today of Chalice Mining (ASX:CHN), which is set to release its earnings results today, and of Suncorp (ASX:SUN), which is set to hold its AGM today. Stocks going ex-dividend today include Vita Life Sciences (ASX:VLS) and Vulcan Steel (ASX:VSL).  Trading Ideas:Citi maintain a Buy rating on building products and services company Brickworks (ASX:BKW). The company's financials beat market consensus, with underlying profit rising by 159% on last year. While uncertainty is rising in the macro-outlook, Citi note that Brickworks management are confidence of growth with the property business in FY23. BWK's current share price is $21.69. If BKW meets the Citi price target of $26, it will return approximately 20%.

Investor sentiment was dampened today in the wake of the RBA's 50-basis point interest rate hike, GDP data showing the Australian economy grew 0.9% in the June quarter and the price of oil tumbling 2%, which caused a sell-off in energy stocks. The market closed the midweek session down 1.42%, dragging the index down more than 10.6% over the last 52-weeks.The story of the session was Australia's economy or GDP growing 0.9% in the June quarter and 3.6% for the year, driven by the boom in resource exports and high household consumption. The high consumer household spending, which jumped 2.2% in the quarter, indicates the full impact of RBA rate hikes are yet to fully be felt by consumers, with the biggest increases in spending done at cafes, restaurants and on transport services. The overall GDP data came in relatively in-line with market expectations.Today's winning stock was ResMed (ASX:RMD), which jumped 4.23% after Morgans placed an Add rating on the stock with a price target of $37.08 per share, based on the sleep treatment company's positive long term growth outlook. Virgin Money (ASX:VUK) also rallied 3.3% today, while Fisher & Paykel Healthcare (ASX:FPH) added just over 3%.Energy stocks faced a sharp sell-off today as the price of oil and natural gas prices are down around 2% each in the aftermath of Russia announcing Nord Stream 1 would be offline indefinitely, OPEC placing a price cap on Russian oil and China's COVID zero goal hurting demand. Viva Energy Group (ASX:VEW) fell more than 6.5% today, while New Hope Corporation (ASX:NHC) and Beach Energy (ASX:BPT) lost 4.9% and 4.5% respectively. The session's worst performing stock was Chalice Mining (ASX:CHN), which fell more than 13% despite no price sensitive news released by the company today. Qantas (ASX:QAN) shares also took a hit today after the ACCC found the cheapest domestic airfares were 56% more expensive in August than the four months prior, travellers faced record delays and the number of flights cancelled surged to three times the long-term average in July.The top traded stocks by Bell Direct clients today were Whitehaven Coal (ASX:WHC), the BetaShares Geared Australian Equity Hedge Fund (ASX:GEAR), and Fortescue Metals Group (ASX:FMG).On the economic calendar US trade balance data is released tonight while local investors will be keen to hear RBA Governor Philip Lowe's speech tomorrow to look for any signs on how aggressively the RBA will continue to raise interest rates moving forward, following the rate hike yesterday

The Australian market performed exactly as expected today following the sharp sell-off on Wall Street on Friday as investor fears of prolonged interest rate hikes were strengthened on the back of comments made by Fed Chair Jerome Powell at the Jackson Hole Symposium. The ASX200 closed Monday's session 1.95% lower, with all sectors closing the day in negative territory led by technology stocks tumbling more than 4%. Technology stocks were the hardest hit in today's sell-off as investors flee growth stocks that have the potential to be heavily impacted by interest rate hikes. The gold sector also fell more than 4% amid weakness in the price of the commodity. The best performing stocks today were Tyro Payments (ASX:TYR) after the payments solution provider released FY22 results including merchant numbers up 10%, transaction value up 34% and revenue up 37%, and the a2 Milk Company (ASX:A2M) also soared after releasing strong FY22 results and providing solid growth outlook for FY23. On the losing front, PolyNovo (ASX:PNV) nosedived more than 17% during the session today after the medical device company released disappointing results last week. Chalice Mining (ASX:CHN) also dropped more than 9% today. Looking at economic data, preliminary Australian retail sales data for July released today came in at 1.3% for the month which well exceeded the market expectations of an increase of just 0.3%. The retail sales in July may have beat expectations but is still very low compared to a rise of 16.5% last July. The most traded stocks by Bell Direct clients today were Commonwealth Bank (ASX:CBA), BHP Group (ASX:BHP) and National Australia Bank (ASX:NAB).  As for what to watch overnight, investors will be keeping a close eye on Wall Street to see whether the broad market sell-off from Friday will continue this week as investor optimism was dampened by the idea that interest rates will continue to rise for the foreseeable future.

Rooster Talk Episode 62 is all about why Chalice Mining Limited (ASX: CHN) chose those targets.   Venture Minerals Limited (ASX:VMS) has just received some interesting news on their Thor JV with Chalice Mining.   The Thor JV has been one of the company's assets that has an active exploration program. It is an important part of the portfolio of assets which is worked by Chalice Mining. We have had a Coffee with Samso that was dedicated to that topic (Julimar's Twin Brother - The Thor Project - Venture Minerals Limited (ASX: VMS) - Episode 83) as there is a lot of interest riding on what Chalice is doing at the project. To me, the recent announcement that was published on the 13th July has something that is very interesting. The area that they have identified is at what I thought was a jog or an area where some extension may have happened. This is fairly observant from the magnetic image where is this distinct bend.   This is a very early stage target and I am not saying that there is a X on the ground to discover. What is nice to see is the coincidence with the geophysics. The subtle nature of the wording in the announcement is not consistent with my observation.   What I mean is that if they did not find anything geochemically at that spot, I would have been disappointed. I encourage viewers to watch and listen to Andrew as this has some good points for investors to consider with the "tough" times current on the market.     Chapters:   00:00 Start 00:20 Introduction 01:01 Andrew updates 02:55 The Two Targets. 07:26 Maybe Chalice have found the sweet spot. 12:05 The Western Yilgarn margin? 14:16 Factors that create mineral exploration discoveries. 19:48 Market and Exploration Expectations. 20:36 Other Venture projects? 24:24 The need to understand market sentiment and mineral exploration. 26:40 The need for investors to play the patience game. 27:37 Andrews last words. 29:05 Conclusions

Our local market rebounded last week, gaining 2% week-to-date. Most sectors gained WTD, apart from industrials and materials. And taking a quick look at Friday's session, a rebound in commodities boosted Australian shares and the market closed 0.5% higher, with energy and materials in the lead. Australian shares were largely unaffected by the declines in share markets across Asia on Friday afternoon, following reports that the former Japanese Prime Minister was shot during an election speech. Instead, energy producers and gold miners gained, as well as the tech sector which followed a strong lead by the Nasdaq. The ASX200 was once again led by family app Life360 (ASX:360). The most traded stocks by Bell Direct clients on Friday were Worley (ASX:WOR), BHP Group (ASX:BHP), Wesfarmers (ASX:WES) and Mineral Resources (ASX:MIN). European stocks closed with solid gains, ending the week in positive territory. The STOXX 600 closed the day 0.5% higher, with most sectors in the green. Investor focus was on the US employment report for June, which displayed a stronger than expected month of hiring. It was a key piece of data, as the Federal Reserve is closely watching the labour market and inflation figures as it continues to plan its course for monetary policy. US equities closed mixed. The Dow Jones closed slightly lower, down 0.2%, while the S&P500 closed flat. Meanwhile, the tech-heavy Nasdaq slightly rose 0.1%, its fifth straight day of gains. What to watch today:The Australian market is set to open higher, with the SPI futures suggesting a 0.3% rise at the open this morning. Keep watch of Woolworths (ASX:WOW) after Goldman Sachs this morning added the stock to its conviction list, which is a list of stocks they expect to outperform. The broker also reiterated its Buy rating with a price target of $40.50. In commodities, oil prices are trading lower, while gold and iron ore are in the green.  Trading Ideas:Bell Potter maintain a Speculative Buy rating on Chalice Mining (ASX:CHN) with a valuation of $11.10. At its current share price of $4.01, this implies 177% share price growth in a year. Meanwhile, Macquarie have an Outperform rating on the gold miner and have retained their $7.30 price target. Trading Central have identified a bullish signal in Allkem (ASX:AKE) indicating that the stock price may rise from the close of $10.46 to the range of $12.70 to $13.20 over 25 days according to the standard principles of technical analysis. 

Welcome to another episode of Channel Mine News with the lads from Precision Funds Management. Andy Clayton and Tim Weir provide a sensational insight into what's been happening in the Aussie Mining Sector. Join us every fortnight and give it a share around on Social Media to help spread the brilliance. Thanks as always to our great sponsors at Entech Mining. Give them a follow on Linkedin at the Entech Linkedin Page

Gain access to all uncensored and Mine School content here ► https://patron.podbean.com/lifeofminepodcast   Buy all your Life Of Mine Merch here ► https://lifeofminepodcast.com/shop/   Welcome to another episode of Channel Mine News with the lads from Precision Funds Management. Andy Clayton and Tim Weir provide a sensational insight into what's been happening in the Aussie Mining Sector. Join us every fortnight and give it a share around on Social Media to help spread the brilliance. Thanks as always to our great sponsors at Entech Mining. Give them a follow on Linkedin at the Entech Linkedin Page   Life Of Mine Socials Follow on Facebook ► https://www.facebook.com/lifeofminepodcast Follow on Instagram ► https://www.instagram.com/lifeofminepodcast Follow on Linkedin ►https://www.linkedin.com/company/life-of-mine/ Follow on Twitter ►https://twitter.com/lifeofminepoddy   Make sure you subscribe to Life Of Mine wherever you get your Podcasts (some links below):   APPLE https://podcasts.apple.com/au/podcast/life-of-mine/id1459208682 SPOTIFY PODBEAN https://lifeofminepodcast.podbean.com/ TUNE-IN https://tunein.com/podcasts/Business–Economics-Podcasts/Life-of-Mine-p1217337/   If you want to promote your business on Life Of Mine, get in contact with Matt via matt@lifeofminepodcast.com

Panther Metals: Serious scale, a brand-new nickel resource in WA – and it's big! Listen to ASX-listed Panther Metals Managing Director Daniel Tuffin talk to Matt Birney on the Bulls N' Bears Report about Panther's maiden nickel-cobalt resource in WA that comes close to rivalling the size of Chalice Mining's revered Julimar nickel resource.See omnystudio.com/listener for privacy information.

Week-to-date the ASX200 rebounded 1.6% and gained 0.8% on Friday. Lithium shares such as Allkem (ASX:AKE), Liontown Resources (ASX:LTR) and Pilbara Minerals (ASX:PLS) all gained, as well as Vulcan Energy (ASX:VUL) after announcing its brought on board Stellantis, the European automotive manufacturing giant, as its second largest shareholder. And tech stocks made strong gains on Friday. It was the best performing sector, up 6%, with family app Life360 (ASX:360) and BNPL company Zip (ASX:ZIP) leading the ASX200, up 22% and 25% respectively. The tech rally followed the jump in US tech shares the previous session. The most traded stock by Bell Direct clients was Lake Resources (ASX:LKE), which rebounded 15% on Friday, after falling 55% Monday to Thursday, following the departure of the company's CEO. Lake Resources was the worst performing stock of the week, down 49% Monday to Friday. Also highly traded on Friday was Chalice Mining (ASX:CHN), Westpac (ASX:WBC), Amcor (ASX:AMC) and BHP Group (ASX:BHP). European stocks had their best session in over three months and US equities also made a strong comeback. All three major US benchmarks rallied. The Dow Jones added more than 800 points, up 2.7%, the S&P500 closed 3% higher at the close, and the tech-heavy Nasdaq also rallied 3% higher.What to watch today:The Australian share market is looking optimistic following the positive session in New York. The SPI futures are suggesting a lift of 1.6% at the open this morning. In commodities, oil has dropped further, now trading around US$106 a barrel with expectations of a slowdown in demand and the production shutdown in Libya, making it more difficult for OPEC to meet the production targets. Meanwhile the price of gold is higher, while iron ore is in the red. Metcash (ASX:MTS) is set to report its earnings today.Trading Ideas: Bell Potter maintain their Buy rating on Nufarm (ASX:NUF) and have lowered their price target from $7.85 to $6.65. There has been a material rerating in global crop protection and domestic peer trading multiples in recent weeks, and Nufarm hasn't been immune to the sell off, however Bell Potter continue to see the stock as better placed to navigate a normalisation in Australian crop conditions than its peers. At its current share price of $4.99, the price target implies 33% share price growth in a year.Trading Central have identified a bullish signal in Woolworths Group (ASX:WOW), indicating that the stock price may rise from the close of $35.46 to the range of $37.60 to $38.10 over 23 days according to the standard principles of technical analysis. 

The Aussie share market managed to gain 0.8% this week (Mon-Thu), regaining some of the heavy losses experienced last week. This comes despite US recession concerns continuing to weigh down on global markets.   In this week's wrap, Sophia covers:(2:30) A stock to consider given the current energy crisis(3:21) PointsBet (ASX:PBH) gains after landing $94m investment(3:54) Why Lake Resources (ASX:LKE) fell a hefty 55%(5:02) The most traded stocks & ETFs by Bell Direct clients(5:18) Three economic news items to watch out for

The Aussie share market took a dive this week, falling 4.9% (Mon-Thu). This followed the latest inflation reading out in the US, which saw the US Federal Reserve respond by lifting interest rates by 0.75%. In this week's wrap, Sophia covers:(1:55) Bell Potter's top picks in the uranium sector(2:20) The US Federal Reserve's rate hike(3:40) The tech and major mining stocks that suffered heavy losses(4:14) Lake Resources' (ASX:LKE) impressive yearly gain(4:36) The most traded stocks & ETFs by Bell Direct clients(5:15) Two economic news items to watch out for

With Australia's 10-year bond yield soaring above 4%, rate sensitive sectors such as tech, REITs and healthcare were hammered, falling more than 1.5% apiece. Retailers were pressured with consumer discretionary sliding 1.9%, coinciding with the release of two dire consumer confidence readings earlier in the session. Financials, materials and energy fell 0.8%, 1% and 2.4% respectively, the latter two finding no respite from the selling pressure despite the release slightly better-than-expected Chinese economic data. There was little to cheer about elsewhere with every other sector closing lower. Novonix, Megaport and Chalice Mining propped up the score board, nursing losses of more than 9%. Polynovo was the top performer for a second consecutive session, adding 7.4% on the back of no news. The broader index slumped 1.27%, falling another 85 points to close at 6601.0.Our top three VODs: How to make volatility your friend in a falling marketRetail stocks a bearish Barrenjoey would buy...Three small goodies for big bad markets See acast.com/privacy for privacy and opt-out information.

The Aussie share market declined 0.6% this week (Mon-Thu), with only the materials and financials sectors managing to post gains.In this week's wrap, Sophia covers:(0:17) Bell Potter & Citi's ratings on the major banks(2:06) Why Appen (ASX:APX) has crashed today(2:39) The most traded stocks & ETFs by Bell Direct clients(3:13) Four economic news item to watch out for

Yesterday, the ASX200 managed to lift 0.4% or 26 points higher to close at 7,155 points, despite the threat of rising interest rates and inflationary pressures again leading to a heavy tech sell-off. Consumer staples stocks led the way, with the sector lifting 1.5%. Financials also performed well with all four of the big banks posting gains of over 1%. While, the worst performing sector was the tech sector, which fell about 3%.The best performer yesterday was Australia's largest horticultural company, Costa Group Holdings (ASX:CGC) which closed 8.6% higher. This followed its shareholders receiving a cautiously optimistic outlook for the 2022 financial year in its AGM yesterday. CGC expects its earnings to be $5 million higher this year while its after tax profit is predicted to fall $6.4 million. Other stocks that posted gains included Nufarm (ASX:NUF), Perseus Mining (ASX:PRU) and Orica (ASX:ORI).  Meanwhile, Chalice Mining (ASX:CHC), City Chic Collective (ASX:CCX) and Pro Medicus (ASX:PME), all posted losses of around 6%. The most traded stocks by Bell Direct clients yesterday, they included BHP Group (ASX:BHP), Lake Resources (ASX:LKE), Bank of Queensland (ASX:BOQ) and BrainChip (ASX:BRN).Moving to the US, all three benchmarks closed higher. The Dow closed 0.6% higher, the S&P500 up 1% and the Nasdaq pushed 1.5% higher. The minutes of the Federal Reserve's May meeting were released, and they showed that the central bank is prepared to raise rates further than the market had anticipated. What to watch today:Following the positive session in the US, the SPI futures are suggesting that our local market is set to open 0.2% higher this morning.Reporting wise, iron ore miner, Champion Iron (ASX:CIA) is set to release its full-year results today. Goldman Sachs is expected CIA to report both revenue and EBITDA increases of 14% and 12.8% respectively over the prior corresponding period. Moving to commodities: The oil price lifted 1% to US$110 a barrel. Natural gas surged to above $9, its highest level since 2008, as inventories stay low.  The gold price fell as the US dollar strengthened after the minutes of the Federal Reserve's May meeting.The spot iron ore price is trading 1.5% lower at US$130 a tonne.One company debuting on the ASX today is TG Metals. The company is pursuing nickel, lithium and gold exploration and development opportunities in Western Australia. It will be trading under the ticker code TG6.A few companies going ex-dividend today include Aristocrat Leisure (ASX:ALL), James Hardie Industries (ASX:JHX) and Nufarm (ASX:NUF).If you hold Bank of Queensland (ASX:BOQ), you will receive your dividend payment today. Trading Ideas:Citi have maintained its Buy rating on Bank of Queensland (ASX:BOQ) but have reduced its price target from $10.25 to $9.25. At its current share price of $7.52, this implies 23% share price growth in a year.Trading Central has a bearish signal on BHP Group (ASX:BHP) indicating that the stock price may fall from the close of $43.02 to the range of $33.50 - $35.25 in the next 89 days according to standard principals of technical analysis.  

Over the week the ASX200 gained 1%, with the tech sector in the lead, up 5% week-to-date. On Friday the market gained 1.15%, with most sectors in the green. Only energy and real estate stocks finished lower. The standout stock on Friday was Chalice Mining (ASX:CHN), jumping 19%.The company received a new set of exploration approvals to expand its existing WA nickel projects. Following this, Bell Potter retained their Speculative Buy rating on CHN with a $12.02 price target. At its current share price of $6.81, this implies 76.5% share price growth in a year. Following CHN on the leaderboard were tech stocks, recovering from prior losses. These included family app Life360 (ASX:360), battery materials and tech company NOVONIX (ASX:NVX) and Afterpay's parent company Block (ASX:SQ2). Meanwhile Nufarm (ASX:NUF) and Woodside Petroleum (ASX:WPL) declined the most. The most traded stocks by Bell Direct clients on Friday were Lake Resources (ASX:LKE), CSL (ASX:CSL), BHP Group (ASX:BHP) and BrainChip Holdings (ASX:BRN). In US equities, the Dow fell for the 8th straight week amid a broader market sell-off. The Dow and the S&P500 both closed flat, while the Nasdaq saw its 7th negative week in a row for the first time since March 2001 and also saw its lowest intraday level since November 2020 on Friday.  What to watch today:The SPI futures are suggesting the Australian market will fall 0.21% at the open this morning. In commodities, the oil price is trading lower, as we wait for news on the potential EU ban on Russian oil. Oil demand however is expected to rebound in China, as authorities in Shanghai lifted some COVID restrictions. Meanwhile gold is trading flat, while seaborne iron ore is in the green. And two companies reporting their earnings results today are Elders (ASX:ELD) and Incitec Pivot (ASX:IPL). So, keep watch of their share price movements today. Trading Ideas:Bell Potter maintain their Buy rating on Select Harvests (ASX:SHV) and have lowered their price target from $7.40 to $6.95. SHV last closed at $5.99, implying 16% share price growth in a year. Trading Central have identified a bullish signal in The a2 Milk Company, indicating that the stock price may rise from the close of $4.28 to the range of $4.65 to $4.75 over 30 days, according to the standard principles of technical analysis. 

Friday is quickly becoming “buy-day” with the local bourse staging another big rally to end the week. Buying kicked in as soon as the market opened, helped along by China's central bank cutting a key interest rate linked to mortgages. Options expiry in the United States was also cited as a factor behind the big gains. Chalice Mining topped the leader board, jumping 18.7% after obtaining permission to drill in the Julimar State Forest. Novonix wasn't far behind with a gain of 10.1%. Its CEO appeared on ausbiz this week. We're sure the two are not connected… Square, a perennial started at either end of the scoreboard, took out bronze metal with a gain of 9.7%. While not in the benchmark, online retailer Mydeal.com.au receives an honourable mention, surging 55.8% as Woolworths lobbed a takeover offer to acquire 80% of the company. Losers were few and far between. The S&P/ASX 200 rose 1.15%, adding points to 7145.6. For the week, it climbed 1%, snapping a 4-week losing streak in the process.Our top three VODs: Hidden gems in the stock marketWhat to 'buy' when bad news breaksWhy we need a market 'QUAKE'? See acast.com/privacy for privacy and opt-out information.

The major mining stocks lead the market's losses yesterday and the market lost 1%, following a fall in commodity prices and doubts about Chinese growth, in its push to achieve its zero COVID strategy. Shanghai's lockdown has been reinstated with some stricter rules, including the ban of food delivery services. Locally, materials, energy and utilities were down the most yesterday. Looking at the ASX200 leaderboard, insurance company AUB Group (ASX:AUB) declined the most yesterday after news that the company is set to acquire UK insurance broker Tysers for $880 million. And with the fall in commodities, mining stocks fell, including Chalice Mining (ASX:CHN), Paladin Energy (ASX:PDN), Rio Tinto (ASX:RIO), De Grey Mining (ASX:DEG) and Newcrest Mining (ASX:NCM) to name a few. Pendal (ASX:PDL) surged more than 8% after reporting underlying earnings 22% above market consensus, and PolyNovo (ASX:PNV) gained 16% amid news of more insider buying. The most traded stocks by Bell Direct clients yesterday included Lake Resources (ASX:LKE), Macquarie Group (ASX:MQG), BHP Group (ASX:BHP), Westpac (ASX:WBC) and Rio Tinto (ASX:RIO). In US equities, the major benchmarks closed mixed ahead of the release of the US inflation reading. Tonight, April's consumer price index will be announced in the US, expected to rise 0.2% from the month prior and 8.1% year over year, according to the Dow Jones consensus estimate. The Dow Jones fell for the fourth consecutive day, down about 35 points, while the S&P500 edged 0.25% higher. The Nasdaq gained 1%, with a rebound in some mega-cap technology stocks leading the gains, including Microsoft and Apple which gained 1% each.  What to watch today:The Australian market is set to slightly fall at the open this morning, with the SPI futures suggesting a drop of 0.1%, after a mixed night in the US. Follow price movements of technology stocks today. Tech stocks crashed in the Chinese market, however performed well over in the US. A trading idea to consider is Technology One (ASX:TNE), which Bell Potter have retained their Buy rating on, with a lower price target of $12.50 from $14. On the 24th of May, TNE will report its half-year earnings, and Bell Potter expect TNE to report recurring revenue growth of 38%. Watch lithium developer AVZ Minerals (ASX:AVZ), which is due to return from a trading halt this morning. In commodities, oil prices have fallen again, trading 3.5% lower. Gold also remains under pressure from a strong US dollar. And seaborne iron ore is over 1% lower.In economic data, Westpac's consumer confidence index for May will be released today. This will give us an indication of how consumers are feeling this month. Last month, consumer sentiment fell by 0.9%, and is expected to fall 1% this month. Other companies reporting their earnings today are CSR Limited (ASX:CSR) and GrainCorp (ASX:GNC). GPT Group (ASX:GPT), Smart Group Corporation (ASX:SIQ) and Unibail-Rodamco-Westfield (ASX:URW) will hold their AGMs today. Trading Ideas:Bell Potter maintain their BUY rating on Coronado Global Resources (ASX:CRN), and expect the company to generate strong free cash flow on their met coal price outlook. The price target has been lowered to $2.50, and CRN's last share price was $2.17, implying 15.2% share price growth in a year. Trading Central have identified a bullish signal in Sezzle (ASX:SZL), indicating that the stock price may rise from the close of $0.85 to the range of $1.01 to $1.05, over 21 days according to the standard principles of technical analysis. 

Do we lean into inflation or panic? Commodity investment expert Simon Popple advises invest in areas that are going to go up in price. Think fuel, think energy and think about the opportunities that some well-run mining companies will present to those not risk averse and those with the time to do their research. Popple is founder of Brookville Capital, a service dedicated to educating about commodities, portfolio diversification and stock recommendations including Chalice Mining which has increased '65 times' since Popple's endorsement. In this podcast he shares his BRIDGE stock analysis technique, and belief that investors should ‘spend time in the market instead of timing the market.' Simon also gifts viewers and listeners of this Master Investor interview with an inflation busting exclusive discount code to his weekly Brookville Capital Intelligence Report. Download Simon's presentation slides: https://masterinvestor.co.uk/simon-popple-slides To save £100 on a yearly subscription of the "Brookville Capital Intelligence Report", enter code – Master – when placing your order (you will have to click on the full amount and then enter this coupon code (which is highlighted in blue) before you enter your bank details. Then you get the discount and pay last year's price (£445) rather than this year's (£545)). This deal is valid until 30 May 2022. Please visit https://www.brookvillecapital.com to find out more.

Yesterday, the local market was dragged down by mining stocks, after iron ore futures China's Dalian market dropped 7% and the iron ore contract for April on the Singapore Exchange dropped 9%. Several Asian markets were down 5-6%, following further lockdowns to contain surging COVID cases in China. More than $50 million people in China have been placed under lockdown in an attempt to achieve the country's zero COVID-19 strategy.On the ASX200, materials and energy declined the most, closely followed by the tech sector. Meanwhile, financials closed with the most gains. The stand out stock on the ASX200 was Uniti Group (ASX:UWL), jumping an impressive 27%, before being placed into a trading halt. This was amid speculation that the company is in takeover talks with Vocus Group. The offer is looking to be in the region of $4 to $5. Meanwhile, Chalice Mining (ASX:CHC) and Champion Iron (ASX:CIA) declined the most. Some of the most traded stocks by Bell Direct clients yesterday, included Lake Resources (ASX:LKE), BHP Group (ASX:BHP) and Allkem (ASX:AKE). US equities closed higher as a reading of wholesale inflation came in lighter than expected. The S&P500 rose for its first gain in four days, closing more than 2% higher. The Dow Jones up 1.8% or just under 600 points, while the Nasdaq jumped 2.9%. What to watch today:Following the US, the SPI futures are suggesting the local market will rise 0.58% at the open this morning. In commodities, oil has dropped a further 6.7%, now trading just over US$96, now more than 25% below its recent 14-year high of $130.50 reached last week. The new wave of COVID cases in China has also caused worries of China's demand. Gold is down to US$1,917 an ounce, after US treasury yields surged past 2%, as investors await an upcoming rate hike from the Fed. And seaborne iron ore is 3.6% lower at US$144.77 a tonne. Some companies set to go ex-dividend today, include Data3 (ASX:DTL), Inghams Group (ASX:ING), and Money3 Corporation (ASX:MNY). Trading Ideas:Bell Potter have a Speculative BUY rating on Boss Energy (ASX:BOE), following the company reporting its half year results. Bell Potter's valuation has been increased from $3.47 to $3.57 per share. Trading Central have identified a bullish signal in Aussie Broadband (ASX:ABB), indicating that the price may rise from the close of $5.34 to the range of $6.10 to $6.30, over 58 days, according to the standard principles of technical analysis. 

The local market advanced an impressive 1.2% yesterday, with 10 of the 11 industry sectors posting gains. The financial sector boosted the market the most, while the materials sector was slightly down 0.3%.Agribusiness, Elders (ASX:ELD) was the best performer, lifting 11% to a decade high. This was off the back of a positive trading update, where the company announced it expects its underlying earnings before interest tax (EBIT) to increase 20% in financial year 2022. It was also a good day for capital market company, Pendal Group (ASX:PDL) and holding company, Virgin Money UK (ASX:VUK). Meanwhile, materials stocks like Chalice Mining (ASX:CHC), Nickel Mines (ASX:NIC) and Pilbara Minerals (ASX:PLS) led the losses. As for the most traded stocks by Bell Direct clients yesterday, Lake Resources (ASX:LKE) was on top of the list, along with Brickworks (ASX:BKW) and Core Lithium (ASX:CXO). Also highly traded were CBA, NAB & Bendigo & Adelaide Bank (ASX:BEN). Moving to the US, the market closed in the red, as oil prices fell rapidly. Also investors await the latest Ukraine developments and anticipate the first rate hike by the Federal Reserve this week. This saw the Dow close flat, while the S&P500 fell 0.74% and the Nasdaq slipped over 2%.What to watch today:Following the negative session over in the US, the futures are suggesting that the Aussie share market is set to open 0.8% lower this morning.  In commodities, the oil price has retreated about 7% to US$101 a barrel. This comes as Russia and Ukraine were slated to resume peace talks on Monday, while China's March demand is set to be revised lower due to new COVID-19 lockdowns.The gold price slipped 1.6% to US$1,952 per ounce as US Treasury yields rose on rate hike expectations. And silver, copper and palladium were also trading lower, with the palladium price down over 15%.Keep watch of Rio Tinto (ASX:RIO) today, after the company announced a non-binding proposal to acquire the remaining 49% of the Canadian miner, Turquoise Hill, that it doesn't already own. If the deal is successful, RIO's share of the Oyu Tolgoi operation will increase to 66%.Economic news wise, the RBA will release its meeting minutes for March. The RBA currently views the war in Ukraine as a source of uncertainty and expects underlying inflation to increase further in the coming quarters to around 3.25%, before declining to around 2.75% in 2023.ASX200 stocks going ex-dividend today, include media companies News Corp (ASX:NWS) and IVE Group (ASX:IGL), copper miner Sandfire Resources (ASX:SFR) and telco TPG Telecom (ASX:TPG). Trading Ideas:Bell Potter have maintained its BUY rating on Uniti Group (ASX:UWL) with a price target of $4.50. Bell Potter believe the stock represents value and is also a potential takeover target. UWL closed 0.96% higher yesterday to $3.15, which implies about 43% share price growth in a year. Trading Central has a bullish signal on testing, inspection and verification services company, ALS (ASX:ALQ), indicating that the stock price may rise from the close of $12.84 to the range of $14.60 - $15 in the next seven days according to standard principals of technical analysis. 

Yesterday the ASX was closed for the Australia Day Public Holiday. On Tuesday however, Australian shares tumbled and the ASX200 closed 2.5% or 177.9 points lower. This was the second biggest sell-off this year, with an inflationary shock as CPI came in ahead of consensus and fears about higher interest rates, as well as the invasion of Ukraine. All sectors were in the red, with energy declining the most. The best performer was Codan (ASX:CDA), a manufacturer and supplier communications equipment. Its share price advanced 16.9% after reporting a record first-half result. Revenue increased 32% and net profit increased 21%. Meanwhile, miners Liontown Resources (ASX:LTR) and Chalice Mining (ASX:CHN) were the worst performers on Tuesday. The most traded stocks by Bell Direct clients on Tuesday included major banks National Australia Bank (ASX:NAB), Australia and New Zealand Banking Group (ASX:ANZ) and Westpac (ASX:WBC). Followed by CSL and Telstra (ASX:TLS). European stocks closed higher as investors waited for the latest monetary policy announcement from the US Federal Reserve. However, US equities fell in a volatile session after the Federal Reserve Chairman Jerome Powell said there is “quite a bit of room” to raise interest rates before it would harm the economy. Traders took the comments to mean the central bank may be aggressive in tightening policy, and the benchmark 10-year Treasury yield climbed over 1.8%. The Fed has now signalled that it could start raising interest rates in March. The central bank said in a statement that “with inflation well above 2% and a strong labor market, the Committee expects it will soon be appropriate to raise the target range for the federal funds rate.” Following Wall Street, the SPI futures are suggesting the local market will fall 0.3% at the open. What to watch today:The oil price extended gains, trading above US$87 a barrel on Wednesday, the highest since October 2014. Investors remain concerned about supply and the possibility of energy disruptions if Russia is to invade Ukraine. The price of gold has tumbled, trading below US$1,820 an ounce, amid a stronger dollar after Powell's comments. The seaborne iron ore price is trading above US$129 a tonne. In economic data, on Tuesday Australia's consumer price index for the December quarter surged 3.5% year-on-year, ahead of consensus and the RBA's own forecasts. And today, import and export prices will be released at 10:30am AEDT. Trading Ideas:Bell Potter maintain their BUY rating on Australia and New Zealand Banking Group (ASX:ANZ), and have increased their price target from $30 to $31. ANZ last closed at $26.77, implying 11.6% share price growth in a year. Trading Central have identified a bullish charting signal in COG Financial Services (ASX:COG), indicating that the price may rise from the close of $1.45 to the range of $1.73 to $1.79. The pattern formed over 147 days which is roughly the period of time in which the target price range may be achieved, according to standard principles of technical analysis. 

The Aussie share market started yesterday down 0.6%, however managed to close just 0.08% lower yesterday to 7,447. Only three sectors managed to post gains, while the tech and consumer discretionary sectors were hit the hardest. The tech sector is suffering from a spike in bond yields as markets anticipate a faster tightening cycle by central banks.Looking at the ASX200 stock performance, the top stock yesterday was battery materials and technology company, Novonix (ASX:NVX). The stock was up 10.8% after announcing its intentions to list on a second stock exchange, the Nasdaq in the US. AGL Energy (ASX:AGL) also performed well, rising 8.6%, following a bullish broker note from Credit Suisse, upgrading the stock to “outperform”. And some of the other best performing stocks included mining stocks Alumina (ASX:ALU), Champion Iron (ASX:CIA), Chalice Mining (ASX:CHN) and Iluka Resources (ASX:ILU). Reliance Worldwide (ASX:RWC) was the worst performer, down 3.4%, despite no news out from the company, and both Xero (ASX:XRO) and WiseTech Global (ASX:WTC) saw some selling as the tech sector came under pressure.The most traded stocks by Bell Direct clients yesterday was Wesfarmers (ASX:WES). The company is now the last one standing in the takeover of Priceline owner Australian Pharmaceuticals Industries (ASX:API), after Woolworths withdrew its proposal. Afterpay (ASX:APT), Telstra (ASX:TLS) and Fortescue Metals (ASX:FMG) were also highly traded yesterday. In the US, stocks recovered from earlier losses, staging an afternoon rally that put an end to the Nasdaq's four day losing streak. The tech-heavy Nasdaq closed 0.05% higher, while the Dow and S&P500 both fell, down 0.45% and 0.14% respectively. European stocks closed lower amid interest rate fears, ahead of key US inflation data out this week and more comments from US Federal Reserve Chairman Jerome Powell on interest rate hikes.For today, following the mixed session on Wall Street, the futures are suggesting the Aussie share market will open 0.56% lower. What to watch today: Keep an eye on Ramsay Health Care (ASX:RHC). The company reached agreement regarding a new volume-based agreement with the NHSE, the National Health Service in England, which makes its services available to the NHSE and its patients to meet the ongoing demands resulting from the COVID-19 pandemic. If the agreement is well received by investors, its shares could lift.Economic news out today includes Australia's balance of trade data for November. Australia's trade surplus decreased to A$11.22 billion in October from a downwardly revised A$11.82 billion in the previous month. Consensus expects trade surplus to decrease again to A$10.6 billion in November. Separately, retail sales for November will also be released today.Oil prices fell on demand concerns given the rapid global rise in omicron infections, while the gold price edged higher despite US 10-year Treasury yields hitting two-year highs. And the seaborne iron ore price traded slightly higher to US$126 a tonne.   Trading Ideas: Bell Potter have upgraded their rating on coal mining company, Whitehaven Coal (ASX:WHC) from a HOLD to a BUY, and have also increased their price target from $3.50 to $3.60. Bell Potter believe the coal price strength from mid-2021 should now be flowing through to realised prices, which should materially lift free cash flow. Operational risks at Narrabri remain, however, should abate over 2022. Therefore, Bell Potter believe WHC is cheap on most valuation metrics, and that supports their upgrade to a BUY. Now, WHC closed 5% higher yesterday to $2.89, which implies about 25% share price growth in a year.Trading Central has a bullish signal on EML Payments (ASX:EML). This signal indicates that the stock price may rise from the close of $3.22 to the range of $4.30 - $4.50 in

Evolution Mining buys a $1 billion copper and silver mine, Chalice Mining soars on platinum discovery. Another boom is underway among Junior Miners. See omnystudio.com/listener for privacy information.

The ASX200 fell 0.7% yesterday following a sell-off in Mining stocks and weaker commodity prices, which saw Materials as the worst performer. BHP Group (ASX:BHP) and Rio Tinto (ASX:RIO) both fell more than 2%. Energy stocks also fell, including Santos (ASX:STO), Oil Search (ASX:OSH) and Woodside Petroleum (ASX:WPL). Most sectors were lower, except Information Technology. Chalice Mining (ASX:CHN) was back on top yesterday, rising 3.7%. Virgin Money (ASX:VUK) also advanced, following positive gains in its UK listed share on Monday night. Biotech company Mesoblast (ASX:MSB) lost ground, falling over 8%. In New York the markets had a positive run. The S&P 500 up 0.4%, the Dow up 0.2% and the Nasdaq up 0.8%. US stocks gained after October retail sales data came in better than expected. Sales jumped 1.7%, a good sign for the upcoming holiday season. The SPI futures are suggesting the ASX200 will rise 0.4% at the open this morning. What to watch today:In economic data, the wage price index will be released today at 10:30am AEDT. That shows the annual change in hourly rates of pay. Consensus expects a rise to 0.5% from 0.4% QoQ and a rise to 2.2% from 1.7% YoY. This morning agricultural chemical company Nufarm (ASX:NUF) reported its full-year 2021 results, with strong operational performance and 51% growth in underlaying earnings and cash generation. And the company declared an unfranked dividend of 4 cents per share. And AGMs will be held today for City Chic Collective (ASX:CCX) and Seven Holdings (ASX:SVW).  The most traded stocks by Bell Direct clients yesterday included BHP Group (ASX:BHP) and Mineral Resources (ASX:MIN) amid broad selling in materials, and South32 (ASX:S32) as its price declined amid increased pressure to take into consideration climate change risks. The oil price is trading lower at US$80.60 as demand concerns were offset by prospects of tight inventories. Gold is also trading lower, easing earlier session gains. And the seaborne iron ore is trading down 0.4% at US$92 a tonne. Trading ideas:Bell Potter maintain their BUY rating on Technology One (ASX:TNE) and have increased their price target from $13.50 to $15. TNE closed at $13.09 yesterday, implying 14.6% share price growth in a year. Goldman Sachs retain their BUY rating on Hipages Group (ASX:HPG), and have increased their price target from $4.90 to $4.95.

Things went from bad to worse today, with the local market finishing the Tuesday session -0.67% at 7420. Let's start with the sin bin, Mesoblast gave up much of yesterday's gains closing down +8.2% by the end of the session. But it was the materials sector that proved the biggest weight overall, down 1.7% with Iluka the biggest loser after presenting at a mineral sands conference. Here's Shaw and Partners Martin Crabb with a view on why this market may limp to the end of the year. On the bright side, Chalice Mining ended up 3.7%, Virgin Money finished 2.6% and NextDC was up 1.8%. See acast.com/privacy for privacy and opt-out information.

The Aussie share market has come under pressure this week, down 1% (Mon-Thu). All sectors closed in the red, except for the Materials sector, off the back of positive announcements from a few Mining stocks.In this week's wrap, Sophia covers:(0:34) The rundown on the latest unemployment reading(2:12) Why Chalice Mining's (ASX:CHN) share price skyrocketed(3:12) Seven more Mining stocks that saw big gains(4:46) Three companies growing their ethical focus(6:13) What stocks Bell Direct clients were trading this week(6:49) Two economic news items to watch out forWatch the weekly wrap here.

The Aussie share market fell for the third straight day yesterday, down 0.14%, off the back of a weakening iron ore price with big miners and blue chips leading the falls.  For the second straight day, Chalice Mining (ASX:CHN) has topped the leader board, lifting another 5% following the company's platinum discovery near Perth. The worst performing stocks were BlueScope Steel (ASX:BSL) and Nearmap (ASX:NEA) which saw declines of 5.8% and 4.9% respectively. In the US, stocks retreated following October's consumer price reading coming in at its highest level in 30 years. After inflation data came in higher than estimated, the Dow shed over 200 points, the S&P500 dipped 0.82% and the Nasdaq declined over 1%. After a negative session on Wall Street, the futures are suggesting the Aussie share market will open 0.08% lower this morning. What to watch today:Today the unemployment rate will be released for October. Given there is uncertainty as to how the transition from lockdowns played out, economists have forecast that the unemployment rate will rise from 4.6% in September to 4.8% in October. Keep an eye on cloud accounting platform Xero (ASX:XRO) today, as the company is set to release its half-year results. There are a few companies holding theirs AGMs today, including BHP Group (ASX:BHP), Breville (ASX:BRG), Nine Entertainment (ASX:NEC), Nearmap (ASX:NEA), Cooper Energy (ASX:COE) and REA Group (ASX:REA).Australian Pharmaceutical Industries (ASX:API) is set to go ex-dividend today. Oil prices came under pressure after US crude inventories rose by 1 million barrels, which was short of estimates. Keep an eye on energy shares like Woodside Petroleum (ASX:WPL) and Oil Search (ASX:OSH) which could come under pressure today. And the gold price rose as the US dollar firmed, trading nearly 1% higher at US$1,849 an ounce. Trading Ideas:Bell Potter has maintained its BUY rating on software company Nitro Software (ASX:NTO) with a price target of $4.50. The company entered into a trading halt yesterday morning, last trading at $3.84 per share, which implies 19.4% share price growth. Separately, Morgan Stanley has an Overweight rating on the stock. Bullish charting signals have been identified in Alpha HPA (ASX:A4N), Rumble Resources (ASX:RTR) and WiseTech Global (ASX:WTC), and that's according to Trading Central. 

The ASX200 lost 0.2% yesterday. Financials were down – CBA, ANZ and Westpac declined, as did NAB after releasing positive full-year results. NAB reported profits rebounded, increasing 77% and declared a $0.67 final dividend, which is more than double what it paid this time last year. Chalice Mining (ASX:CHN) jumped an impressive 28.5% after they uncovered the world's largest nickel sulphide discovery in the last 20 years. Ingham's Group (ASX:ING) was the worst performer, falling 4.5% and currently a Bell Potter and Citi BUY. European and US markets closed lower, taking in US producer inflation data. The S&P500 fell for the first time in nine sessions, down 0.4%. The Dow Jones down 0.3% and the Nasdaq down 0.6%. Despite US equities falling from their records, the SPI futures are suggesting the ASX200 will open 0.27% higher. What to watch today:Medical equipment company ResMed (ASX:RMD) is set to go ex-dividend today. AGMs will be held today for Amcor (ASX:AMC), Coles (ASX:COL), Sims (ASX:SGM), Vicinity Centres (ASX:VCX), Mount Gibson Iron (ASX:MGX) and Newcrest Mining (ASX:NCM). The most traded stocks by Bell Direct clients yesterday were Northern Star Resources (ASX:NST) and the Crypto Innovators ETF (ASX:CRYP), which has surpassed $100 million in trading volume, its first three days floating on the exchange. Keep watching those travel stocks, as yesterday NSW reached 90% fully vaccinated of those over 16 yrs. The oil price is trading more than 3% higher, above US$84 a barrel. Gold reached a new 2-month high, amid rising inflation expectations. And, the price of coal is lower, as is seaborne iron ore, currently trading just under US$92 a tonne. Trading ideas:Bell Potter maintain their BUY rating on National Australia Bank (ASX:NAB), and have increased their price target to $32, after the bank reported impressive full year results, which were mostly in line with expectations. Yesterday NAB closed at $28.89, implying 10.8% share price growth in a year. Additionally, bullish charting signals have been identified in Boss Energy (ASX:BOE), Lotus Resources (ASX:LOT) and De Grey Mining (ASX:DEG), according to Trading Central. 

The Aussie share market is likely to head back into record high territory today. The futures are suggesting a rise of 0.1%. What to watch today: The iron ore price has stabilised. Spot iron ore prices rose 0.3%, and seaborne iron ore prices held steady after a 14% fall in the previous selling. This supported investors buying into BHP In New York overnight, helping BHP shares rise 1.7%. Therefore, (ASX:BHP) and other iron ore stocks on the ASX are likely to follow. The oil price fell slightly 0.3% to US$70.35. Consumer Confidence data to be released for August. Keep an eye on the reaction in consumer spending stocks. BWP Trust (ASX:BWP) released their earnings. Headline profit fell about 3% to $114 million, slightly under what the market expected of $114.7 million in profit. GUD Holdings (ASX:GUD) are set to report. Trading Ideas:Laybuy Group (ASX:LBY) was reiterated as a Bell Potter Speculative BUY, with a much slimmer price target of $1.20. This implies over 100% share price growth in a year. Chalice Mining (ASX:CHN), Nearmap (ASX:NEA), and Warrego Energy (ASX:WGO) are all giving off bullish charting signals, according to Trading Central. 

Where else in the world can you find innovative treatments, lithium, candles and jewellery all in the same category? In the small-cap arena of course!  In the final instalment of Buy Hold Sell's FY21 review, we take a look at some of the pocket rockets within the small end of the market. While the ASX broadly had a commendable year, it was the darlings in the small-cap space that had a cracker. The ASX Small Ords Index was up around 27%, thanks to names like Brainchip and Chalice Mining.  It was, however, our top-performing small-cap for FY21, discussed by our guests, that rallied the group, up over 1000% (you'll have to watch to find out what stock it is).  But will FY22 see a similarly spectacular run? That was the question posed to Shane Fitzgerald from Monash Investors Limited and Emanuel Datt of Datt Capital. In this episode of Buy Hold Sell, Livewire's James Marlay quizzes our guests on the best and worst-performing small caps of FY21. They'll also provide their outlook for this area of the market for the upcoming 12 months. Plus, our guests will also share two winning stocks for the year ahead.  Note: This episode was filmed using Zencastr on the 7th of July 2021. 

The S&P/ASX200 closed up Wednesday, gaining 11.8 points or 0.16% to 7313, closing out the financial year on a positive note. The top performers: Iluka Resources (11.9%) and then thin air for some time until Chalice Mining and Telstra turn up with 4.9% and 4.6% gains respectively. Adam Dawes talks Telstra's quasi-renaissance here. Nuix (12.5%), Kogan (9.7%) and AGL (9.6%) took significant whacks to end FY21.Bring on the new fiscal year!Our top VODs are:The Good, the Bad and the Scutty; Adam Dawes tears a Nuix hole in some big namesWAM CFO on its giant Templeton mergerSell Westpac; Nick Morton's reflation trade See acast.com/privacy for privacy and opt-out information.

The S&P/ASX200 closed up Tuesday, gaining 1.5% to 7342.20. A tough few days on the bourse has been closed out with the market's best session in about four months. Cyclicals led the charge, as they did overnight on Wall Street, while healthcare and some of the tech names missing the party. The top-performing stocks on Tuesday - Pilbara Minerals and Chalice Mining, up 7.4% and 7% respectively. Nuix (down 0.8%), among the laggards, having hit a fresh low today both statistically and emotionally.Our top three VODs are:China no longer cryptic on cryptoLong energy, short tech; Heath Moss' markets playbookHe's absolutely Shaw: Martin Crabb answers pretty much every key market question of 2021 so far See acast.com/privacy for privacy and opt-out information.

The Aussie share market is likely to follow Wall Street lower – the futures are down 0.2%. As expected - portfolio adjustments continued to weigh on the US market; as investors ramp the switch away from 2020's darling tech stocks, to stocks benefiting from life going back to the new normal.   What to watch today:Stocks that should see a lot of love today. That is, oil and iron ore stocks. Gold stocks should also see a bit of love, as Gold, the precious metal rose 0.4%. Keep an eye on Chalice Mining (ASX:CHN) a Bell Potter Buy that's also in a bullish charting pattern. It also might be worth looking at Gold Road Resources (ASX:GOR) as its chart suggests it could be ending its downtrend. Keep an eye on some of the most traded stocks from yesterday. For our active trader desk, Bell Direct Advantage they were: Airtasker (ASX:ART) which rose 67% yesterday and Hawkstone Mining (ASX:HWK) which rose 8%.Trading ideas:Bell Potter bumped up GrainCorp's (ASX:GNC) Buy rating again, with a new $6.20 target. Yesterday GNC rose 6.2% to $5.00. And the chart says it's about to potentially see a big rally with its 15-day moving average about to cross the 30-day. Bapcor (ASX:BAP) also had a good upgrade from Citi as BAP expands into Asia following its 25% purchase of Asian equivalent, Tye Soon. Citi says BAP is a Buy with a $9.35 target, expecting South Korean and Malaysian sales to boost business.  MoneyMe (ASX:MME), GWA Group (ASX:GWA) and Eclipx (ASX:ECX) are all giving off bullish charting signals according to Trading Central. 

The ASX200 is eyeing a 0.6% lift at the open, which could erase some of yesterday's 0.8% fall.The UK continues its world leading vaccine rollout, extending vaccinations to those over 70.All eyes are on commodity stocks as China's economy rose more than expected in the fourth quarter, up 6.5%, taking yearly growth to 2.3%. This makes China the only country to grow last year.Local trading ideas:- Super Retail Group (ASX:SUL) was upgraded by UBS yesterday to a buy with a new $12.60 target.- Mesoblast (ASX:MSB) was maintained as a Bell Potter speculative buy with a $5.10 target, implying 107% upside in a year from yesterday's close.- Chalice Mining (ASX:CHN), McMillan Shakespeare (ASX:MMS) and Catapult (ASX:CAT) are giving off bullish charting signals according to Trading Central.