Category: Finance
Ground Breakers: Alumina making for the exit, and Lynas teases out small profit
Alcoa makes $3.35bn play to buy out JV partner Alumina in major bauxite and alumina business Lynas sees big fall in profits as prices for [more…]
Ark Mines pulls in 82% of rare earth assays as part of Stage 1 drilling at Sandy Mitchell
Latest assays for the Stage 1 drilling program at Sandy Mitchell returned an average TREO, yttrium and scandium grade of 514ppm Ark Mines reported a [more…]
Vertex Minerals delivers a golden reward with even more attractive economics in updated PFS
Updated PFS for Reward gold mine highlights an 18% increase in NPV and a 43% increase in IRR Pre-production capex now estimated at just $17m [more…]
Pan Asia Metals strengthens grip on Tama Atacama following grant of more lithium exploration concessions
Pan Asia Metals strengthens hold on Tama Atacama with more lithium exploration concessions granted It now holds ~996km2 of granted exploration concessions over the Pampa [more…]
ASX Health Stocks: Recce, Cynata say their diabetic foot ulcer trials are going great guns
Recce Pharma says Phase 1/2 study is achieving primary endpoints Cynata also reports also reports good progress in Phase 1 Cardiex is back on the [more…]
Legacy Minerals, Earth AI make first ever magmatic PGE-nickel-copper discovery in the Lachlan Fold Belt
Earth AI’s deposit targeting system finds first-ever magmatic PGE-nickel-copper mineralisation within the Lachlan Fold Belt Discovery within Legacy Minerals’ Fontenoy project is being carried out [more…]
Hillgrove Resources is rattling the tin to carry out mine expansion drilling at Kanmantoo
Following first copper production, Hillgrove has raised $10m to accelerate mine expansion and exploration drilling at Kanmantoo Drilling is aimed at resource growth to increase [more…]
White Bear lithium discovery to receive 5-star exploration experience from Fin Resources
Drilling and helicopter contractors cemented for drilling at White Bear Rock chip assays returned up to 6.85% Li2O at the prospect Fin Resources plans to [more…]
Top 10 at 11: Enova inks rare earth Brazil deal, Credit Clear upgrades FY24 guidance
Stockhead’s Top 10 at 10, published each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a [more…]
Regal cornerstones $14m CardieX raise as medtech prepares to debut world-first vascular biometric monitor
14 million raise for CardieX consisted of a placement, shareholder entitlement offer, and a funding commitment agreement. Placement was cornerstoned by Regal Funds Management. C2 [more…]