S&P/ASX 200 (INDEXASX:XJO) has gained 0.64% to 6,786 by about 1.55 pm with the index hitting a fresh 11-month high of 6788 earlier this morning.
All sectors have gained with the technology sector rising the most with a 2.3% gain. Afterpay (ASX:APT) surged to a new record high of $142.30 earlier today.
BHP Group (ASX:BHP) was 1.43% higher after reporting its numbers for the first half of FY2021.
The miner’s iron ore production was 6% higher at 128.4 million tonnes (Mt) with record production achieved at its WA operations.
FY2021 guidance for iron has also increased to between 245 and 255 Mt as a result of the restart of Samarco in Brazil.
BHP’s coal, copper and petroleum production are down compared to the corresponding half a year ago.
Today’s top gainers on the ASX include Archer Materials Ltd (ASX:AXE) (+27.88%), Core Lithium Ltd (ASX:CXO) (+16.28%), Northern Minerals Ltd (ASX:NTU) (+23.26%), Piedmont Lithium Ltd (ASX:PLL) (+14.95%), Strategic Elements Ltd (ASX:SOR) (+25.00%), Galileo Mining Ltd (ASX:GAL) (+27.27%) and RPM Automotive Group Ltd (ASX:RPM) (+20.51%).
RPM Automotive Group Ltd (ASX:RPM) has forecast a full-year revenue increase of 44 per cent for 2021 following a hugely successful December quarter.
Venture Minerals Ltd (ASX:VMS) has received firm commitments from sophisticated, professional and institutional investors to raise A$10 million, fully funding the development of the Riley Iron Ore in northwest Tasmania and paving the way for the first iron ore shipment next quarter.
Archer Materials Ltd’s (ASX:AXE) (OTCMKTS:ARRXF) (FRA:38A) 12CQ quantum computing chip technology has achieved a major commercial milestone with the grant of a Japanese patent, the first granted patent protecting the 12CQ chip.
Lithium Australia NL (ASX:LIT) (FRA:3MW) shareholders have paid the balance of A$340,850 for a total of more than 6.83 million LITCF partly paid ordinary shares in the company, the latest in a series of similar transactions since mid-December 2020.
Theta Gold Mines Ltd (ASX:TGM) (OTCQB:TGMGF) has invested A$700,000 in Bullion Asset Management Services Pte Ltd (BAM), a Singapore-based technology company focused on financing, tokenisation of physical gold bullion and precious metals trading.
February Fenix Resources Limited (ASX:FEX) made significant progress in the December quarter on development of the Iron Ridge Iron Ore Project in WA’s Mid-West, with production underway and the first shipment of about 60,000 tonnes of combined lump and fines product scheduled for early February.
Moho Resources Ltd (ASX:MOH) has commenced its maiden reverse circulation (RC) drilling program at Crossroads Gold-Silver Prospect, part of its Burracoppin Gold Project, within E70/4688, which is subject to a 70:30 joint venture with IGO Ltd (ASX:IGO) (OTCMKTS:IPGDF) (FRA:IDZ).