What ASX African Explorers Look Interesting?

Tue, 13 May 2025 01:29:00 -0000

After Montage Gold’s $MAU.TO latest Aussie-listed African investments, what Other ASX African explorers look interesting?

Platinum: Another year, another deficit—but when will the price move?! WPIC Q1 ‘25

Mon, 19 May 2025 23:31:00 -0000

Q1 2025 Snapshot

· Q1 2025 Supply: 1,458 koz (down 10% year-on-year)

· Q1 2025 Demand: 2,274 koz (up 10% year-on-year)

· Q1 2025 Deficit: 816 koz (largest quarterly deficit in six years)[¹]

Platinum Market Deficit Deepens in 2025

The platinum market is heading for its third straight annual deficit in 2025, with the World Platinum Investment Council (WPIC) forecasting a shortfall of 966,000 ounces (koz), or 12% of total demand. This deepening deficit is driven by both falling supply and resilient demand, despite global economic and trade uncertainties^[1].

Platinum Supply, Demand, and Balance: Q1 2024 vs Q1 2025

Copper Treatment Charges plunge deep below zero

Tue, 10 Jun 2025 14:34:00 -0000

The unrelenting expansion of Chinese copper processing capacity over past few years seems to be the culprit.

Chilean miner Antofagasta Plc has proposed negative charges for contracted supplies to smelters in the second half.

The situation is putting pressure on smelters worldwide, with high-cost facilities facing losses and older European copper smelters at risk, while Japanese plants may be sheltered due to their parent companies' stakes in Chilean mines.

Granted, the plunge in fees is partly due to relatively slow growth in mine output worldwide— coupled with recent mine failures in the DRC ($IVN.TO) and elsewhere— but it’s primarily driven by the rapid increase in Chinese smelting capacity.

Amplats is now Valterra $VALT.L

Wed, 11 Jun 2025 00:57:00 -0000

Anglo American’s Platinum Spinoff is Off to the Races!

Anglo American $AAL.L has now completed the demerger of Amplats, with the renamed Valterra Platinum Limited trading under ticker symbol VALT in London and on the Johannesburg Stock Exchange. The spinoff comes at the perfect moment just as Platinum seems to be finally coming out of its funk after years of challenging market conditions for PGM’s.

Anglo distributed 51% of Amplats, with Shareholders receiving 110 shares in Valterra Platinum for every 1,075 Anglo American shares held. Simultaneously, Anglo American underwent a share consolidation, issuing 96 new shares for every 109 previously held. Following the spinoff, Anglo retains a 19.9% stake in Valterra, having already reduced its holding through earlier disposals .

On its first day on the London Stock Exchange, Valterra shares started trading at around 29.30 pence, valuing the world's largest platinum group metals mining company at around GBP 7.77 billion (US$10.45 billion)— and Anglo American's 19.9% retained stake at around GBP 1.55 billion. The stock has increased 10% as Platinum wakes up from its slumber.

Gold overtakes Euro as global reserve asset, ECB

Wed, 11 Jun 2025 14:14:00 -0000

Central banks continue to accumulate gold at a record pace.

Bullion accounted for 20% of global official reserves last year, outstripping the Euro's 16% and second only to the USD at 46%, an ECB report published on Wednesday showed.

Central banks acquired more than 1,000 tonnes of gold in 2024 for the 3rd year in a row. 20% of the total global annual production and 2X the annual amount of the 2010s.

The stock of gold held by central banks worldwide is approaching

In February we asked, “Will Platinum ever regain its lustre?”

Thu, 12 Jun 2025 02:27:00 -0000

Well, we had to wait several more months since that post, but I’d say, with Platinum up 20% since then, the answer is Yes!

So, the rumors were true, $AU is out of $GTWO.TO—but who’s in?

Fri, 11 Jul 2025 14:00:00 -0000

AngloGold Ashanti has officially exited its investment in G2 Goldfields, selling its entire 14.95% stake (35,948,965 shares) in a single market transaction on July 8, 2025, at 2.75/share for just under CAD 99 Million.

The shares were placed with two “large European institutional investors”, with one taking up approximately 23 million shares, about 9.5% of $GTWO —just under the 10% threshold where they would have to disclose and register as an insider to the TSX… Interested to know if it’s a passive or active fund (a la La Mancha)?

This opens up the playing field once again.

$NDM.TO / $NAK Insiders Dump Shares Before EPA Suit

Wed, 23 Jul 2025 01:37:00 -0000

Northern Dynasty Insiders Dump Shares Before EPA Suit $NDM.TO / $NAK

Just when the market believed the worst of the insider sales spree at Northern Dynasty Minerals ($NDM.TO, $NAK) was behind us, CEO & Chairman Ronald Thiessen decided to upstage the entire board. On Friday night—precisely at 11:21 PM— he delivered the coup de grâce filing a late disclosure that he had sold 600,000 shares on July 14 at just over C$3.00 per share, pocketing a tidy C$1.8 million, and capping the relentless wave of selling by nearly every major executive and director at the company. The cherry on the Northern Dynasty insider selling cake, this came after market close and with no word yet on whether these sales involved his options at $2.01 that expired on July 17.

The Timeline: How NDM's Insider Capitulation Unfolded

1. July 16: First Red Flag

Massive insider selling rocks Northern Dynasty, as directors and senior management disclose they had disposed of over 2.6 million shares worth nearly C$6 million throughout July.

@Mark_IKN https://bit.ly/3USZmX4

Tue, 02 Sep 2025 18:33:00 -0000

<blockquote class="twitter-tweet"> <p lang="qme" dir="ltr" xml:lang="qme">@Mark_IKN https://bit.ly/3USZmX4</p> — MasterMetals (@MasterMetals) <a href="https://twitter.com/MasterMetals/status/1962946142783607103">Sep 2, 2025</a></blockquote> <script async="async" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script><br /> From <a href="https://twitter.com/MasterMetals">MasterMetals</a><br /> September 02, 2025 at 08:30PM<br /> https://twitter.com/MasterMetals/status/1962946142783607103

52-WK & ATH’s ALL-AROUND FOR THE GOLD STONKS 🥳 GOLD MID & SENIOR https://bit.ly/4hmrlrR MINING STONKS https://bit.ly/47WBYzp https://bit.ly/4mUBDC7

Wed, 03 Sep 2025 11:13:00 -0000

<blockquote class="twitter-tweet"> <p lang="en" dir="ltr" xml:lang="en">52-WK & ATH’s ALL-AROUND FOR THE GOLD STONKS 🥳 GOLD MID & SENIOR https://bit.ly/4hmrlrR MINING STONKS https://bit.ly/47WBYzp https://bit.ly/4mUBDC7</p> — MasterMetals (@MasterMetals) <a href="https://twitter.com/MasterMetals/status/1963198305124425743">Sep 3, 2025</a></blockquote> <script async="async" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script><br /> From <a href="https://twitter.com/MasterMetals">MasterMetals</a><br /> September 03, 2025 at 01:12PM<br /> https://twitter.com/MasterMetals/status/1963198305124425743

Everyone is suddenly realizing what $3500 Gold means to all these producers! 💰 🏦🤑 $AEM $TXG.TO $LUG.TO $DPM.TO $EDV.TO $FNV https://bit.ly/4p48ZQx https://bit.ly/46bbOH0

Wed, 03 Sep 2025 11:48:00 -0000

<blockquote class="twitter-tweet"> <p lang="en" dir="ltr" xml:lang="en">Everyone is suddenly realizing what $3500 Gold means to all these producers! 💰 🏦🤑 $AEM $TXG.TO $LUG.TO $DPM.TO $EDV.TO $FNV https://bit.ly/4p48ZQx https://bit.ly/46bbOH0</p> — MasterMetals (@MasterMetals) <a href="https://twitter.com/MasterMetals/status/1963206689781432358">Sep 3, 2025</a></blockquote> <script async="async" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script><br /> From <a href="https://twitter.com/MasterMetals">MasterMetals</a><br /> September 03, 2025 at 01:45PM<br /> https://twitter.com/MasterMetals/status/1963206689781432358

Gold @ $3565/oz. 🥳 Getting parabolic 😰 https://bit.ly/3JJTflp

Wed, 03 Sep 2025 16:28:00 -0000

<blockquote class="twitter-tweet"> <p lang="en" dir="ltr" xml:lang="en">Gold @ $3565/oz. 🥳 Getting parabolic 😰 https://bit.ly/3JJTflp</p> — MasterMetals (@MasterMetals) <a href="https://twitter.com/MasterMetals/status/1963277218613690528">Sep 3, 2025</a></blockquote> <script async="async" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script><br /> From <a href="https://twitter.com/MasterMetals">MasterMetals</a><br /> September 03, 2025 at 06:25PM<br /> https://twitter.com/MasterMetals/status/1963277218613690528

$3500 Gold!

Thu, 04 Sep 2025 00:10:00 -0000

It’s been a long slog, but here we are!

Gold made a clear break through $3500 this week hitting new highs— over $3600/oz. on the futures—, as lower rates, persistent inflation, tariffs uncertainty and geopolitical tensions linger in the air.

We will see if we close this week above $3500. A correction could be in order in the short term—it’s up 5% in a week—, as it catches its breath before it takes on $4000! 😉

____________________________________________________

MasterMetals

@MasterMetals

RT @DrillAlertX: ⚡DRILL ALERT⚡ 🇦🇺 84.8m @ 3.01 g/t Au (3.01 g/t AuEQ) Many Peaks Minerals Ltd. $MPK.AX ▪Price: 0.91 ▪Mcap: $33.1m ▪From: 29…

Thu, 04 Sep 2025 00:18:00 -0000

<blockquote class="twitter-tweet"> <p lang="en" dir="ltr" xml:lang="en">RT @DrillAlertX: ⚡DRILL ALERT⚡ 🇦🇺 84.8m @ 3.01 g/t Au (3.01 g/t AuEQ) Many Peaks Minerals Ltd. $MPK.AX ▪Price: 0.91 ▪Mcap: $33.1m ▪From: 29…</p> — MasterMetals (@MasterMetals) <a href="https://twitter.com/MasterMetals/status/1963396208879194592">Sep 4, 2025</a></blockquote> <script async="async" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script><br /> From <a href="https://twitter.com/MasterMetals">MasterMetals</a><br /> September 04, 2025 at 02:18AM<br /> https://twitter.com/MasterMetals/status/1963396208879194592

Perfect time to unload… just when interest peaks up 😂🤣 $VALT.L https://bit.ly/4ga6Kar

Thu, 04 Sep 2025 00:38:00 -0000

<blockquote class="twitter-tweet"> <p lang="en" dir="ltr" xml:lang="en">Perfect time to unload… just when interest peaks up 😂🤣 $VALT.L https://bit.ly/4ga6Kar</p> — MasterMetals (@MasterMetals) <a href="https://twitter.com/MasterMetals/status/1963400504005853598">Sep 4, 2025</a></blockquote> <script async="async" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script><br /> From <a href="https://twitter.com/MasterMetals">MasterMetals</a><br /> September 04, 2025 at 02:35AM<br /> https://twitter.com/MasterMetals/status/1963400504005853598

Gold has surged past $3500, reaching new highs over $3600/oz due to lower rates, inflation, and geopolitical tensions. While a short-term correction may be on the horizon after a 5% weekly gain, the momentum towards $4000 is building. Read more at … https://bit.ly/47XNWc6

Thu, 04 Sep 2025 01:03:00 -0000

<blockquote class="twitter-tweet"> <p lang="en" dir="ltr" xml:lang="en">Gold has surged past $3500, reaching new highs over $3600/oz due to lower rates, inflation, and geopolitical tensions. While a short-term correction may be on the horizon after a 5% weekly gain, the momentum towards $4000 is building. Read more at … https://bit.ly/47XNWc6</p> — MasterMetals (@MasterMetals) <a href="https://twitter.com/MasterMetals/status/1963406233722863746">Sep 4, 2025</a></blockquote> <script async="async" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script><br /> From <a href="https://twitter.com/MasterMetals">MasterMetals</a><br /> September 04, 2025 at 02:58AM<br /> https://twitter.com/MasterMetals/status/1963406233722863746

https://bit.ly/4ni0uje https://bit.ly/3JOMIpz

Thu, 04 Sep 2025 01:48:00 -0000

<blockquote class="twitter-tweet"> <p lang="zxx" dir="ltr" xml:lang="zxx">https://bit.ly/4ni0uje https://bit.ly/3JOMIpz</p> — MasterMetals (@MasterMetals) <a href="https://twitter.com/MasterMetals/status/1963418318393713066">Sep 4, 2025</a></blockquote> <script async="async" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script><br /> From <a href="https://twitter.com/MasterMetals">MasterMetals</a><br /> September 04, 2025 at 03:46AM<br /> https://twitter.com/MasterMetals/status/1963418318393713066

Cool GeoPorn: The Giant Crystal Cave, or Cave of the Crystals, was discovered by accident in 2000, when miners Juan & Pedro Sánchez broke into a hidden chamber while drilling for lead and silver nearly 1,000 feet below the Naica Mine in Chihuahua, Mexico. - Contains selenite https://bit.ly/3VxHCRb https://bit.ly/3VuBitM

Thu, 04 Sep 2025 13:28:00 -0000

<blockquote class="twitter-tweet"> <p lang="en" dir="ltr" xml:lang="en">Cool GeoPorn: The Giant Crystal Cave, or Cave of the Crystals, was discovered by accident in 2000, when miners Juan & Pedro Sánchez broke into a hidden chamber while drilling for lead and silver nearly 1,000 feet below the Naica Mine in Chihuahua, Mexico. - Contains selenite https://bit.ly/3VxHCRb https://bit.ly/3VuBitM</p> — MasterMetals (@MasterMetals) <a href="https://twitter.com/MasterMetals/status/1963594302321205262">Sep 4, 2025</a></blockquote> <script async="async" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script><br /> From <a href="https://twitter.com/MasterMetals">MasterMetals</a><br /> September 04, 2025 at 03:25PM<br /> https://twitter.com/MasterMetals/status/1963594302321205262

Interested to see how the relationship with Fresnillo $FRES.L plays out now with $PAAS … 🤔 https://bit.ly/3JNTtIk

Thu, 04 Sep 2025 14:58:00 -0000

<blockquote class="twitter-tweet"> <p lang="en" dir="ltr" xml:lang="en">Interested to see how the relationship with Fresnillo $FRES.L plays out now with $PAAS … 🤔 https://bit.ly/3JNTtIk</p> — MasterMetals (@MasterMetals) <a href="https://twitter.com/MasterMetals/status/1963617432804692445">Sep 4, 2025</a></blockquote> <script async="async" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script><br /> From <a href="https://twitter.com/MasterMetals">MasterMetals</a><br /> September 04, 2025 at 04:57PM<br /> https://twitter.com/MasterMetals/status/1963617432804692445

Pipes Feed Preview: MasterMetals & MasterMetals Tweets

The unrelenting expansion of Chinese copper processing capacity over past few years seems to be the culprit.

Central banks continue to accumulate gold at a record pace.