Stocks to Watch: September

September is set to be a very busy month in the mining world.
Stocks to Watch: September Stocks to Watch: September Stocks to Watch: September Stocks to Watch: September Stocks to Watch: September

Image: iStock/scyther5

Staff reporter

While trade tensions are likely to continue to dominate the headlines, all attention was on the local lithium world last week given the collapse of Alita Resources.

"Is this the first of more train wrecks in the lithium space? Quite possibly. These events rarely occur in isolation," Far East Capital chairman Warwick Grigor said.

Pilbara Minerals remains in a trading halt relating to a news report that said it was seeking to raise A$60 million through Macquarie.

Meanwhile, it's a critical month for Heron Resources as it remains suspended due to delays in the completion of its Woodlawn zinc mine in New South Wales.

The company has secured a standstill from its lender until September 27.

Troy Resources will hold a spill meeting next week after a request from shareholders to shake up the board, while Havilah Resources will hold a critical meeting seeking approval for a $100 million investment from GFG Alliance.

An independent expert is due to hand down a determination on the dispute between Thackaringa joint venture partners Cobalt Blue and Broken Hill Prospecting.

In hopefully more positive news, Cardinal Resources is likely to release the definitive feasibility study for its large Namdini project in Ghana this month.

Bardoc Gold has flagged the release of an updated global resource for its namesake Western Australian project by the end of September.

In what is a busy half for OZ Minerals, the company is due to this month release the haulage feasibility study for Prominent Hill in South Australia, and make an early works decision on Pedra Branca in Brazil.

Galan Lithium is due to release the maiden resource for its Candelas lithium brine project in Argentina this month.

It's also a big month for events.

Africa Down Under returns to Perth this week, with security, junior funding difficulties and women in mining among key topics to be discussed.

Around 1500 delegates are expected to attend, with at least 14 African mining ministers and multiple ambassadorial contingents.

Next week the Precious Metals Summit kicks off in Beaver Creek, Colorado, with about 180 companies from the gold, silver and base metals space presenting and meeting investors over an expanded three-and-a-half-day period.

Expect some of the explorers to release updates to coincide with the event.

The following week is the Denver Gold Forum, September 16-18, which brings together the world's largest producers over two-and-a-half days.

St Barbara, OceanaGold and Northern Star Resources will host site visits to their North American operations to coincide with the two events.

Benchmark Mineral Intelligence's World Tour will also make stops around Australia this month to discuss the battery minerals space.

At the end of the month, the sold out WIMWA Summit will be held in Perth, while ResourceStocks Sydney will return for a second year.