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Top ASX Resource Stocks with IPOs in 2020

The resource space was resilient to the turbulence and uncertainty of 2020, with companies listed on the Australian Securities Exchange (ASX) able to raise more money than in the last five years.  In 2020, capital raisings on the ASX brought in north of AU$50 billion, the highest level since 2015, with resource-focused stocks responsible for AU$7.7 billion of that amount. Companies with initial public offerings (IPOs) raised more than AU$5 billion in total. Some stocks listed last year are now up more than 300 percent since debuting, and with that in mind it’s worth looking at the top-performing ASX-listed resource companies that had IPOs in 2020.

Australian corn processors are now importing produce from Thailand due to shortages of locally-grown product

Australian corn processors are now importing produce from Thailand due to shortages of locally-grown product WedWednesday 10 FebFebruary 2021 at 8:22pm The industry is banking on the upcoming corn harvest to replenish the supply of Australian corn. ( Print text only Cancel Australia has run out of locally-grown corn due to a perfect storm of drought and COVID panic-buying, which forced local processors to import Thai produce. Key points: Australian suppliers have been forced to import Thai corn because of a local shortage There was already a low supply of corn due to the impact of the drought from 2017-2019 Locally grown canned corn then ran out in 2020 due to a surge in demand from COVID panic-buying

Kincora announces gold-base metals target in Mongolia

Share this article Share this article New high grade gold with copper rock chip samples on margin of Tourmaline Hills Intrusive Complex at the West Fox prospect: Average grade of 8.8g/t gold from 39 samples with 16 greater than 1g/t Results include: 118g/t gold with 0.33% copper; and, 34g/t gold with 0.86% copper West Fox is an intermediate sulfidation epithermal prospect with an out/sub-crop area of 3km by 1.2km identified for follow up exploration activities, including three new target areas Other epithermal target areas on the margin of the two neighboring large intrusive complexes within the Bronze Fox project are identified for similar field reconnaissance

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