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Wednesday’s HotCopper trends Raiden Resources, Minerals 260, West Coast Silver and other daily topics

ASX 200, ASX News, Market Summary, Trader Tales
11 November 2026 14:52 (AEDT)
HotCopper Daily Market Trends Graphic

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With more than 600k average monthly users on the HotCopper forums, each and every discussion can move markets. That’s why getting in front of those red-hot trends is key for every trader worth their salt.

In this daily HotCopper Trends column, we break down the top Oz stocks through each trading day.

RDN | Raiden locks in Zambia copper project with 22km of untested strike

Raiden Resources (ASX: RDN) came under close watch after it reported it had entered into a binding option and earn-in agreement with Lobito Resources regarding a large exploration asset, the Zambia Copper Domes project in the Zambia Copper Domes Region of the Central African Copperbelt.

“We are incredibly pleased to have secured this exclusive option over the Zambia Copper Domes Project, which offers substantial exploration potential within a world-class copper province,” MD, Dusko Ljubojevic, said.

“The combination of project scale, prospective geological setting and limited historical exploration makes this a compelling opportunity for Raiden and its shareholders.

“No drilling is recorded in the available historical data, leaving considerable scope for us to systematically test the Project’s interpreted copper potential, including across 22km strike of Lower Roan sub-crop.”

HOTCOPPER INVESTOR SNAPSHOT RDN
+16.7%
Share price movement
0.4¢ close
2,126
Watching
589
Price-sensitive alerts
1,201
Watchlist only
30-day sentiment 157 votes
● Buy 28 ● Hold 101 ● Sell 6 ● None 22
Source: HotCopper. Figures reflect platform watchlists, alert settings and self-reported sentiment at the time of collection. Sentiment is not representative of the broader market or investment advice.

MI6 | $410m debt funding deal moves Bullabulling closer to production

Minerals 260 (ASX: MI6) has received credit approved commitments for $410 million in debt facilities to fund development of its Bullabulling gold project located 65km from Kalgoorlie in Western Australia.

“This represents another major milestone for Minerals 260 and a key pillar of our funding strategy to bring Bullabulling into production. We are pleased to have agreed terms with ANZ, NAB and Societe Generale,” MD, Luke McFadyen, said.

“Obtaining credit approved terms before the completion of the DFS and the highly competitive debt funding process reflects the high quality, high margin and long-life aspects of Bullabulling.

“With Bullabulling now fully funded through to first production, we look forward to completing the DFS and we are on track to make a Final Investment Decision during the first quarter of 2027.”

HOTCOPPER INVESTOR SNAPSHOT MI6
+5.88%
Share price movement
90.0¢ close
1,775
Watching
640
Price-sensitive alerts
835
Watchlist only
30-day sentiment 150 votes
● Buy 122 ● Hold 22 ● Sell 0 ● None 6
Source: HotCopper. Figures reflect platform watchlists, alert settings and self-reported sentiment at the time of collection. Sentiment is not representative of the broader market or investment advice.

WCE | Elizabeth Hill resource grows to 3.36Moz as scoping study advances

West Coast Silver (ASX: WCE) rose after it released an updated mineral resource estimate (MRE) for its Elizabeth Hill silver project in Western Australia.

“The updated Elizabeth Hill resource estimate is a significant milestone for West Coast Silver, with the Elizabeth Hill silver system increasing to 3.36 million ounces of silver, with approximately 77% of contained silver now classified as Indicated,” CEO, Sergei Smolonogov, said.

“The increased level of confidence supports West Coast Silver advancing to a scoping study that will provide shareholders and the market the first snapshot of potential project economics and development options. West Coast Silver has already commenced metallurgical, geotechnical and engineering studies that will be part of the baseline of the Scoping-level assessment.

“We aim to further improve resource confidence and add silver ounces, with a further MRE update targeted for March 2027 ahead of the maiden Elizabeth Hill scoping study.”

WCE was up 5.88% to 5.4¢.

HOTCOPPER INVESTOR SNAPSHOT WCE
+5.88%
Share price movement
5.4¢ close
1,281
Watching
515
Price-sensitive alerts
555
Watchlist only
30-day sentiment 68 votes
● Buy 48 ● Hold 16 ● Sell 1 ● None 3
Source: HotCopper. Figures reflect platform watchlists, alert settings and self-reported sentiment at the time of collection. Sentiment is not representative of the broader market or investment advice.

Looking wider | ASX 200 holds near record highs as housing finance slumps

Looking wider, the S&P/ASX 200 was down just 7.90 points this morning to 9,121.10. The bottom performing stocks in this index were Pexa Group and Iperionx, down 5.55% and 5.47% respectively. Over the last five days, the index has gained 3.24% and is currently 1.89% off of its 52-week high.

Elsewhere, the number of new home loans fell 15% to 111,878 in the September quarter 2026, according to data released today by the Australian Bureau of Statistics (ABS).

The value of new home loans fell 15.5% to $81,157 million this quarter, the largest quarterly fall since the commencement of the series in September quarter 2002.

Dr Mish Tan, ABS head of finance statistics, said this continues the downward trend seen throughout 2026.

“While lending activity fell across all borrower types in the September quarter, the decline was sharpest for investors. Our data suggests that investor activity is being influenced by factors beyond increasing borrowing costs, including the potential impacts of tax changes and expectations of lower house prices.”

That’s Wednesday’s HotCopper Market Trends, I’m Colin Sandell-Hay ⁠- see you for close.

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The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

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