Dan Lanskey News Today : Breaking News, Live Updates & Top Stories | Vimarsana

6th May 2021 7:10 PM Premium Content DISAPPOINTING START With copper prices surging to near record highs, you might have expected a Queensland-focused explorer hunting the precious metal to soar like a bottle rocket when it kicked off trading Thursday on the ASX. But unfortunately that didn't happen, with QMines suffering a surprisingly sluggish start. Its shares edged down slightly below the IPO issue price of 30 cents and stayed there all day, closing at 27 cents. Yet chairman and co-founder Andrew Sparke (illustrated) remains bullish on the outlook for the c...

SPRINGING TO LIFE A long-dormant gold and copper mine outside Rockhampton looks set to spring to life again later this year thanks to the efforts of a newly-formed resources explorer. Planning to take advantage of soaring commodity prices, an outfit called QMines will lodge IPO prospectus documents this week to raise between $10m and $20m to start digging the stuff up at Mount Chalmers. Shares will be priced at just 30 cents each. The company is the brainchild of Sydney-based bizoid Andrew Sparke, who also runs boutique investment house Olive Capital. He teamed up last August to form QMi...