Morgans Blog | Morgans

Oil and Gas: It’s a matter of floor not ceiling

19 October 2021, 8:00 AM

As expected the oil & gas sector is now enjoying a ‘catch up’ rally, as a delayed re-rating to rising oil and gas prices starts to kick in.

Rio Tinto: Still finding a floor

By Adrian Prendergast

18 October 2021, 11:30 AM

Rio Tinto's (ASX:RIO) 3Q21 brought a second consecutive quarter with guidance downgrades in multiple areas, although not substantial revisions in order of magnitude.

South32: Finds value-accretive path into copper

By Adrian Prendergast

18 October 2021, 11:00 AM

South32 (ASX:S32) to acquire a 45% stake in the Sierra Gorda copper mine in Chile, adding copper and molybdenum into its already highly diversified business.

Sandfire Resources: MATSA first impressions

By Tom Sartor

28 September 2021, 8:30 AM

Sandfire (ASX:SFR) appears to have paid a full-ish price for MATSA on our input assumptions. Upside therefore looks linked to higher metals pricing, operating improvements and life extensions.

Iron ore: No choice but to obey

By Adrian Prendergast

20 September 2021, 8:00 AM

Despite trading back at lower levels, we remain cautious on our big miners expecting more short-term weakness in iron ore to unfold.

Commodities: Gold miners – “Big 3” report big growth spending

By Mat Collings

08 September 2021, 7:30 AM

While the USD gold price was softening, the AUD gold price actually peaked in late August as the AUD weakened.

Fortescue Metals Group: Forrest for the trees

By Adrian Prendergast

31 August 2021, 8:00 AM

A result that focused on the ambitions of Fortescue Metals Group (ASX:FMG), led by chairman Andrew Forrest, to emerge as a global technology leader in renewables and green products.