Stocks to Watch: September

AS the dust settles from reporting season, companies are turning their full attention to hitting other key milestones.
Stocks to Watch: September Stocks to Watch: September Stocks to Watch: September Stocks to Watch: September Stocks to Watch: September

S&P/Dow Jones Indices will announce its quarterly ASX rebalance on Friday.

Morgan Stanley believes De Grey Mining is in with a chance for inclusion in the ASX 200, while the enlarged Orocobre, fresh from its merger with Galaxy Resources, is an ASX 100 candidate.

The inclusion of De Grey would mean the ASX 200's recent milestone of having no all-male boards would be reversed, as the gold developer does not have any female directors.

Morgan Stanley has flagged Liontown Resources and Paladin Energy as potential inclusions in the ASX 300.

Fortescue Metals Group plans to release scope 3 emissions targets for the first time along with a plan to achieve the goals.

Newcrest Mining is set to report the first production from the new molybdenum plant at Cadia in New South Wales, which will reduce the operation's already low all-in sustaining costs by about A$50/oz.

The company is also due to release the results of the Phase 14A prefeasibility study for its Lihir operation in Papua New Guinea and the PFS into a block cave development at its Red Chris mine in Canada.

The updated feasibility study for Bellevue Gold's "bigger and better" Bellevue project is imminent.

An increase in throughput to 1 million tonnes per annum could see gold production of 180,000-200,000 ounces per annum.

The company has already received indicative funding offers ranging from $170 million to $289 million.

De Grey is set to release a scoping study this month for its 6.8 million ounce Hemi gold deposit in the Pilbara.

St Barbara-backed Kin Mining is due to update the resource for its 1.23Moz Cardinia gold project in Leonora.

Caravel Minerals has flagged an updated resource for its large low-grade Bindi copper deposit late in the month.

Recently listed Arcadia Minerals is expecting to receive a maiden resource report from Snowden in the next two weeks for its Swanson tantalum-lithium project in Namibia.

Kalium Lakes expects to produce the first sulphate of potash from its Beyondie project in WA this month.

Then there are those companies that are likely to have news, but perhaps not positive.

Salt Lake Potash remains in a trading halt while it seeks further funding for its troubled Lake Way project.

CEO Tony Swiericzuk resigned last week and the company expects to remain suspended until at least September 13.

Shares in struggling gold miner Troy Resources were suspended this week "pending a decision on the company's financial position".

The deluge of new floats is showing no signs of slowing down.

Ballymore Resources, Besra Gold, Culpeo Minerals, Midas Minerals, Copper Search, Mt Malcolm Mines, Iris Metals, Legacy Minerals Holdings, Star Minerals, Pearl Gull Iron, Heavy Minerals, Dalaroo Metals, Forrestania Resources, Koonenberry Gold, Recharge Metals, Widgie Nickel, Alvo Minerals and Revolver Resources Holdings are all aiming to join the bourse this month.

The two-day Africa Down Under Conference will kick off in Perth today, featuring presentations from ASX-listed companies with projects in Africa as well as virtual presentations from African ministers and diplomats.

The New World Metals Conference will be held in Perth next week with a focus on battery minerals.

Also next week, the popular WIMWA Summit will be held in Perth on Thursday and Friday.

The sold-out event features appearances by Rio Tinto Australia chief executive Kellie Parker, Fortescue Metals Group CEO Elizabeth Gaines and this year's WA Outstanding Woman in Resources, Cube Consulting general manager Rebecca Prain.

On the other side of the world, the gold sector will gather physically for the first time since 2019 for the Precious Metals Summit and Gold Forum Americas in Colorado.

Australia's strict border restrictions mean most AX-listed companies will be presenting and meeting virtually.