Bell Potter boosts Santana target price 53.5%

Bell Potter boosts Santana target price 53.5%
Santana Minerals' Bendigo-Ophir project is in Central Otago. (Image: Santana Minerals)
Pattrick Smellie
Australian broking house Bell Potter has delivered a 53.5% upgrade on its target share price for Australian securities exchange-listed Santana Minerals’ Central Otago gold prospect.The target lifted from A$1.40 (NZ$1.52) to A$2.15, and the re-rating still has Santana (SMI) as a speculative buy.It follows the publication of the results of a scoping study that continued to show strong potential for a highly productive, low-cost gold mining operation at Bendigo-Ophir, at the southern end of the Dunstan Mountains.In a note to clients on April...

More Primary Sector

Potential Mainland buyers may soon tap regulators
Primary Sector

Potential Mainland buyers may soon tap regulators

Fonterra's divestment process is gaining traction.

Riley Kennedy 17 Apr 2025
TTR files fast-track application to mine Taranaki sand
Primary Sector

TTR files fast-track application to mine Taranaki sand

Seabed mining firm Trans-Tasman Resources has lodged its application to fast-track its project to harvest iron sands off the coast of Taranaki. The firm's parent company, Manuka Resources, told the Australian Securities Exchange (NZX) on Wednesday that the application was lod...

Staff reporters 16 Apr 2025
Scott Technology's revenue drops 14%
Primary Sector

Scott Technology's revenue drops 14%

Its long term strategy is not far away.

Riley Kennedy 16 Apr 2025