Category: Finance
ASX Large Caps: Qantas, Tabcorp clipped as profits fall; Bega Cheese rockets 15pc
ASX closes flat despite a flurry of weak earnings results Bega Cheese surges; Tabcorp and Qantas fall Nvidia’s incredible quarterly results The ASX 200 [more…]
First Lithium’s Faraba prospect is becoming an intriguing target with 78m of combined intersections received, and counting
High grade intersections at Faraba are building up volume for the maiden resource at Gouna Results of up to 1.75% Li2O confirm the prospect is [more…]
Summit Minerals lifts Stallion tenure by 84pc, now one of the largest uranium blocks in the region
Summit Minerals increases its Stallion project tenure to 361km2 Uranium endowment also grows from 3.3Mlb to 7Mlb U3O8 Paleochannel-hosted uranium mineralisation length up from 8km [more…]
ASX Small Caps Lunch Wrap: Benchmark looks bewildered after Nvidia riches; Local boy does good
Local markets are happy for US chip maker Nvidia, but not elated. And neither should they be. At lunchtime the ASX200 (XJO) index was slightly [more…]
Resources Top 4: Tin junior Stellar shoots for $3.2m in funding; Graphite player EcoGraf collabs with BASF
Stellar Resources has put a capital raising posse together, with Nero Resource Fund leading the charge Graphite player EcoGraf makes a head-turning collab (MoU) with [more…]
Ground Breakers: Lithium players cut returns as price collapse brings austerity into focus
Pilbara Minerals, MinRes and IGO all report as lithium earnings take a hit MinRes will run Wodgina below capacity in move to supply discipline, but [more…]
ASX Health Stocks: Cogstate falls as pipeline contracts; LBT delivers product to Thermo Fisher
Cogstate falls 7pc as clinical trials pipeline declines LBT Innovations delivers its technology to Thermo Fisher Cogstate down after pipeline contracts Neuroscience biotech, Cogstate [more…]
Fortescue Results: Iron ore price surge sends FMG profits soaring, Twiggy and Nicola to bank over $1bn in divvies
Twiggy and family bank massive payout as FMG posts 41% profit climb Dividend up 44% as iron ore miner’s investors share in $3.3 billion payout [more…]
Uvre steams up its exploration engines after assays prove lithium is present at South Pass
Assays confirm lithium-caesium-tantalum pegmatites are present at South Pass 10 samples returned >300ppm lithium, including a top grade of 390ppm lithium Uvre to carry out [more…]
Classic Minerals secures US$60m in funding to drive development of its gold projects
Classic Minerals secures up to US$60m in funding to increase Kat Gap production capacity Funds will also be used to progress development of its Forrestania [more…]
