Caravel Minerals Ltd
Caravel Minerals lodges key environmental review document for WA copper project
Caravel Minerals (ASX: CVV) has reached a critical milestone in its plans to develop its namesake copper project, lodging an environmental review document (ERD) with Western Australia’s Environmental Protection Authority (EPA). The ERD is the most detailed level environmental assessment currently available under state and federal legislation. Located 150 kilometres north-east of Perth in WA’s […]
Small cap copper explorers with big potential
Takeovers at the top end of the copper resources sector have thinned opportunities for investors seeking exposure to a red-hot energy transition metal, but that simply means do what the big miners do when producing assets dry up – buy explorers. BHP (ASX: BHP) buying OZ Minerals (ASX: OZL), followed by Glencore’s attempt to acquire […]
Caravel boosts production scale of WA copper project following process review
Copper developer Caravel Minerals (ASX: CVV) will increase the scale of its namesake copper project in Western Australia’s Wheatbelt following an independent review of its metallurgical process flowsheet. Specialist engineering and project delivery firm Lycopodium Minerals and Orway Mineral Consultants completed the three-month review, which identified “substantial opportunities” to enhance project value. Following the review, […]
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 […]