Raiden Resources Limited

Raiden Resources Limited (ASX:RDN) is an ASX copper-gold exploration company focused on discovering large scale mineral deposits in the world class Tethyan region of Eastern Europe. Raiden operates in low cost and mining friendly jurisdiction’s which remain underexplored, seeking to systematically apply modern exploration techniques to discover Tier 1 projects.

Raiden’s current portfolio comprises a portfolio of tenements in Serbia which are either managed by the company or through an Earn-In and Joint Venture Agreement with Rio Tinto. With an established network in the region Raiden seeks to leverage of their first mover position and continues to review a pipeline of prospective new projects in the region also.

ASX Code
RDN

Sector
Materials

Website
https://raidenresources.com.au/

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News

ASX shares close 1.1% higher after CPI slows to a 13-month low

June 28, 2023 - by Peter Milios

28 Jun 2023 - Australian shares experienced a significant rally on Wednesday as the country's annual inflation rate unexpectedly slowed to a 13-month low.

ASX up 1.08% at noon as inflation figures fall

June 28, 2023 - by Peter Milios

28 Jun 2023 - In May, inflation in Australia dropped to 5.6%, compared to 6.8% in the previous month. This decrease has raised hopes that the Reserve Bank can halt its series of interest rate hikes. Economists had expected a slowdown in annual price growth to around 6% due to lower fuel and travel expenses.