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Debt warning for small resource stocks as a rate squeeze worsens

Investors should take note of the red debt-flag flying over the resources sector with smaller companies at greatest risk, as the toxic mix of interest rate hikes and commodity price falls take effect. Rising interest rates impact everyone, but with mining there is a problem in trying to align erratic (commodity exposed) income with fixed […]

Mining & Resources

Cobre uncovers high-grade copper, zinc, silver system at Perrinvale

Cobre (ASX: CBE) has uncovered what it claims is a high-grade mineral system comprising copper, zinc, gold and silver at its Perrinvale project in Western Australia. Diamond drilling at the Schwabe prospect unearthed 6m at 8.39% copper, 3.52% zinc, 30 grams per tonne silver, 0.14% cobalt and 3.1g/t gold from 49m; 6m at 5.63% copper, […]

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