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- Daily Metals Mining Rundown and Peer Table - Free Edition for 20 Feb 2025 (intraday ASX)
Daily Metals Mining Rundown and Peer Table - Free Edition for 20 Feb 2025 (intraday ASX)
Daily rundown of mining company announcements and movements in metal prices and mining equity valuations according to our attached Metals Mining Peer Table, which is a compilation of publicly available information covering 9 important metals and more than 400 mining stocks listed globally, and includes the mineral resource holdings of all 400+ companies and project NPV information for some 140+ developers, all retrieved from the companies' published technical reports.
Host Rock Capital
February 19, 2025
Today’s metal price movements intraday ASX (over past ~4 hrs) include:
Today’s metals mining peer group movers today intraday ASX (including yesterday’s TSX movements) include:
Today’s top performing metals mining stocks after ASX close / intraday Europe (including TSX closing movements yesterday) out of 423 in our Peer Table include:
Metals mining company announcements incorporated into today’s Peer Table (resource updates, economic studies, changes in attributable project ownership) include:
Intermediate gold producer OceanaGold (TSX:OGC) reported its annual mineral reserves and resources statement for end of year 2024, resulting in a reported 27% increase to reserves after depletion (41% increase before accounting for depletion) and few % increase to mineral resources to 12Moz AuEq which are 93% from Au (from our previously retrieved 11.6 Moz AuEq) after depletion, demonstrating solid reserves and resources replacement. OGC operates mines in New Zealand, Philippines, and USA, and trades at a market cap/oz resources of US$182/oz AuEq - just below our intermediate gold producer mean of $186/oz AuEq and some above median of $116/oz AuEq, with this premium and large resource base of 12Moz (vs. peer group median resource base of 6.9Moz AuEq) positioning OGC as a solid take-out target for the majors looking to replace diminishing reserves and resources.
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