We are delighted to initiate coverage of Cobre Limited (ASX: CBE), an exploration company that is focused on the copper potential of its 100%-owned Kalahari Copper Project (KCP), situated in the northwest of Botswana. The KCP comprises four separate highly under-explored areas, located adjacent to the Motheo Production Hub of Sandfire Resources (ASX: SFR) and MMG’s Khoemacau production project – …

We are pleased to have initiated coverage of Geopacific Resources (ASX: GPR), an emerging PNG gold producer. A recently completed Scoping Study has confirmed the quality of the company’s advanced and 100%-owned 1.67 Moz Woodlark Island Gold Project, located NE of Milne Bay in eastern PNG. The Study presents a simple, low strip-ratio open-cut/carbon-in-leach operation producing 1.14 Moz of gold …

In this edition of the LMI Monthly Update we take a look at the key news in April 2025 as well as take a look at some trade ideas given the current dislocation across the market.