Far East Capital Newsletter
Anax Metals is an emerging junior copper producer
21 Jan 2023

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Anax Metals is an emerging junior copper producer

Looking at the smaller end, the market seemed to pause a little last week. However, leading stocks such as BHP and RIO just powered higher. The All Ords hit a new high in this leg, as did the Metals and Mining Index. Gold maintained its recent highs and copper continued to improve. There doesn't seem to be anything to worry about just now.

On the news flow front, both Lindian and Lucapa reported some very impressive high grade exploration results in rare earths and diamonds, respectively. West Wits announced a very encouraging gold discovery with RIO in the Pilbara.
 

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