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The Copper Question - Discussion On The ASX Copper Register
Part 1 tested the demand headwinds. Part 2 examined the supply side and asked what copper price it would take to fix it. This closing Part brings the two together in the place they were always heading, a register of the copper deposits and operations an ASX investor can actually reach, from the producers down to the explorers, with each row read through the tests the series developed along the way. Compiling it revealed something worth knowing on its own. Corporate buyers hav

Noel Ong
5 hours ago14 min read


SCX.ai IPO: A$40 Million to Build Australia’s AI Compute Challenger
SCX.ai is arriving on the ASX with an operational ten-rack AI inference node, A$5.35 million of contracted annual recurring revenue and a fully underwritten A$40 million raising.

Noel Ong
2 days ago15 min read


The Copper Question - Discussion On Copper's Supply Problem
Part 1 tested the two demand headwinds raised in the financial press. This part examines the side of the market they blow against: mine supply that keeps missing its own guidance, an industry now smelting concentrate for nothing, and the question of what copper price it actually takes to bring a new mine into the world. It closes with a live Australian case study: the restart of Nifty, where the answer is being tested in public, this year.

Noel Ong
3 days ago16 min read


Inside the Almasar Minerals IPO: What A$27 Million Buys in Saudi Arabia's Arabian Shield
Almasar Minerals IPO is bringing five newly granted Saudi gold-copper exploration licences to the ASX.

Noel Ong
4 days ago12 min read


Kaiser Reef Defines 3,100oz A1 Tailings Resource to Add Higher-Grade Feed at Maldon
Kaiser Reef Limited (ASX: KAU) has identified 77,427 tonnes of historical A1 tailings grading 1.25g/t gold, creating another potential feed source for its existing Porcupine Flat processing operation as the company continues extracting value from its Victorian asset base.

Noel Ong
5 days ago9 min read


From villain to dividend — the fluorite hiding in tungsten skarns
In Part 2, fluorite was the villain — the calcium look-alike that makes a tungsten concentrate so hard to clean. But fluorite (fluorspar) is itself a critical mineral. So the question writes itself: if you can separate it, is the troublemaker actually a second product? The literature says yes — with conditions. Here is the evidence, sourced.

Noel Ong
Aug 1613 min read


Aureka Limited (ASX: AKA) Intersects Shallow Visible Gold in Comstock’s Walkers Zone
Aureka Limited (ASX: AKA) has reported two occurrences of visible gold in diamond hole NED035 at the St Arnaud-Comstock Gold Project in Victoria.

Noel Ong
Aug 148 min read


Kaiser Reef (ASX: KAU) Breaks New Ground at Union Hill as Maldon Moves Back Underground
The first new underground development at Maldon in almost eight years moves Kaiser Reef beyond refurbishment and gives the company a platform to test several of the historic goldfield’s largely untested reef positions.

Noel Ong
Aug 138 min read


The Copper Question - Discussion On Copper's Two Headwinds
A newspaper column raised two risks to the copper story: communities resisting data centres, and carmakers rewiring in aluminium. This Insight follows both threads to their sources, sets them against a century of substitution history, and then turns to the Australian ground: who produces, who holds a resource, and how to weigh the explorers still looking for one.

Noel Ong
Aug 1220 min read


Rimfire Pacific Mining (ASX:RIM) Strengthens Leadership as Scandium Strategy Advances
Bronwyn Barnes steps into the Executive Chair role as Rimfire raises $2.3 million and separates its corporate and technical leadership functions.

Noel Ong
Aug 117 min read


Five ASX Small Caps With AI Data Centre Optionality
Five ASX-listed resources and energy companies with Australian project land are being screened as AI data centre infrastructure plays under tighter new federal rules.

Noel Ong
Aug 1012 min read


The Calcium Curse — why a tungsten skarn fights back at the mill
Before the challenge of processing, comes the reward. Tungsten stands out in metallurgy due to its exceptional properties: it has the highest melting point of any metal and a density close to that of gold. This makes it a preferred choice for cutting tools, armor, and aerospace applications. Additionally, tungsten is rare, difficult to recycle, hard to replace, and approximately 80% of it is sourced from China. This is why the EU considers it a critical raw material.

Noel Ong
Aug 918 min read
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