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- Daily Metals Mining Rundown and Peer Table - Free Edition for 5 Mar 2025 (after-market ASX)
Daily Metals Mining Rundown and Peer Table - Free Edition for 5 Mar 2025 (after-market ASX)
Rundown of company announcements, valuations, and underlying metal prices, according to our compilation of publicly available information covering 9 important metals and more than 400 mining stocks, including mineral resource holdings for and project NPV information for some 140+ developers.
Host Rock Capital
March 05, 2025
Today’s metal price and mining company peer group movers intraday TSX (over past ~20 hrs) include:
Mining company announcements incorporated into today’s Peer Table (resource updates, economic studies, changes in attributable project ownership) include:
5 Mar 2025 - Lithium clay developer Ioneer (ASX:INR) announced an updated resource estimate for its flagship DFS-stage Rhyolite Ridge lithium (and boron) project in Nevada, which increased Rhyolite Ridge South resources by 45% and increased overall lithium resources by ~17% to 3.97 Mt LCE (plus 14.66 Mt boric acid), paving the way for upcoming mineral reserve update (and updated DFS with optimized economics) due to be released this April . INR with its large, advanced-stage project (with initial DFS completed in 2020 and major permitting milestones completed in 2024) trades at the top of its class on market cap/t LCE (excluding boron) at US$53/t LCE ($14/oz AuEq), and looks ripe to be acquired by a lithium producer looking to add US lithium production.
5 Mar 2025 - Gold explorer James Bay Minerals (ASX:JBY) announced a maiden JORC resource estimate for its flagship Independence Gold project in Nevada, which grew the historic 43-101 skarn resource by 24% to 0.984 Moz (inferred) grading high at 6.67 g/t Au. Total resources including near surface low grade grow to 1.37 Moz Au, which trade at a JBY market cap of US$17/oz - in-line with our 62 company gold explorer median market cap/oz of $17/oz AuEq.
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