Category: Finance
Closing Bell: ASX’s gains erased after strong CPI, winning tickers today include WMS and OZM
The ASX pared gains after the CPI came in stronger than expected Fortescue led the Mining sector after its quarterly update TikTok’s ban in the [more…]
Monsters of Rock: MinRes has ‘seen the bottom’ in lithium prices, Lynas tightens the screws on rare earths supply
MinRes thinks we’ve seen the bottom for spodumene Lynas thinks the same (maybe) for rare earths, warning all but two miners globally are marginal or [more…]
Can robot cars really save Tesla? Elon certainly sees the attraction
With short-buying interest in anything Elon surely up at record highs – and with headlines this week warning of imminent disaster (“Investors brace for worst [more…]
An offer ADX can’t refuse: a highly prospective gas licence offshore Italy with a possible proven oil redevelopment project
ADX Energy secures grant of Italian gas permit in the Sicily Channel Permit d 363C.R-.AX has prospective gas resource of 369Bcf of gas Potential for [more…]
Resources Top 3: Company-maker cornerstones uranium-REE play, nickel-hunter dials in to ‘possible source at depth’
KEY POINTS: Western Mines (ASX:WMG) drills into +42% nickel veinlets indicating ‘possible source at depth’ NewPeak (ASX:NPM) completes a $300,000 share placement to Gerhard Redelinghuys, [more…]
ASX Small Caps Lunch Wrap: Inflation a little higher than expected, but then so is the ASX
A chastened ASX200 has given up early gains while the Aussie dollar has enjoyed a mini-bump after this morning’s not-awful inflation numbers. Ahead of the [more…]
35.54% niobium?! ASX explorer aims to scale the Summit of Brazil’s critical minerals sector
Summit Minerals (ASX:SUM) to purchase niobium, lithium and rare earths (REE) projects in Brazil Tenements cover 292.2km2 across 14 granted and applied licenses First-pass exploration [more…]
Rock chip revelation: New gold zone at Mako’s Tchaga North returns up to 76.10 g/t
Rock chip sampling unveils a new high-grade zone called the ‘Central Zone’ on Mako Gold’s Napié permit Results returned a stand out 76.10 g/t gold [more…]
Alvo’s exploration success at Palma: Discovery of high-grade copper-zinc marks first regional exploration triumph
Alvo’s diamond drilling at the C4 prospect has returned thick, high grade intersections Results follow the discovery hole which returned 37m at 1.9% copper equivalent [more…]
Cash balance boom: EZZ reports strong quarter with progress on all fronts
EZZ receipts from customers up 111% on pcp in Q3 FY24 to $23.6 million Cash balance up 15% over previous quarter to $14.5 million [more…]
