Rio Tinto forks out big shareholder payout as iron ore giant boosts production
Rio Tinto meets consensus expectations, issues $10.7 billion of payouts for 2023 The mining giant expects to see costs lift at its Pilbara iron ore [more…]
Closing Bell: Commodity prices, resurgent rate fears drag ASX to third straight loss
ASX200 drops about 0.7pc on Wednesday Consumer Staples craters, as WOW CEO departs Small Caps led by diggers IXR, AW1 and the biopharma Alterity [more…]
ASX Large Caps: Woolies, Corp Travel sink on results; WiseTech jumps on bullish guidance
ASX closes much lower after weak results from Woolies and Corp Travel Wisetech jumps after strong half results Australia’s wage growth beats inflation The [more…]
Monsters of Rock: Mt Gibson preps for full year dividend as Koolan Island turns into cash machine
A bit of calm before the storm today as the market cools off from BHP’s (ASX:BHP) nickel dump with a light reporting day before all [more…]
Ionic Rare Earths reels in Phase 5 assays up to 1,412ppm TREO at Makuutu
Ionic Rare Earths intersects clay-hosted rare earths in all 52 infill core drill holes of recent program at Makuutu project in Uganda Data to be [more…]
American West Metals raises $10m for expanded Storm-chasing adventure in Canada
$10m has been raised through Canada’s FTS incentive and to institutional investors Funds will be used to expand and increase the Storm resource estimate [more…]
Australian Mines looks to strike with second REE target in Brazil
Australian Mines finds second REE exploration target at its Jequie project in Brazil Soils and clays identified close to outcropping leucogranites – a potential source [more…]
Resources Top 5: Bastion passes Cometa copper project to Hot Chili; AUZ targets Brazilian REEs
Australian Mines targets more niobium and REEs in Brazil Bastion Minerals divests its Cometa copper project in Chile to… Hot Chili Carnavale has high-grade results [more…]
ASX Small Caps Lunch Wrap: Who’s realised their terrible Russian mistake this week?
Local markets are down this morning, after Wall Street came back from celebrating President’s Day just in time to post a grisly form slump that [more…]
New Gekko plant to cut Reward gold mine capex, enabling early cashflow for Vertex Minerals
Newly acquired Gekko processing plant expected to reduce capex for Vertex Minerals’ Reward gold mine development Plant will require less water and power compared to [more…]
