Rise and Shine: Everything you need to know before the ASX opens
Good morning everyone, and welcome to 30 May, 2024 – an important day in the history of things that go bang! That’s because it was [more…]
Monsters of Rock: Gold producers Westgold and Ramelius are fighting about a takeover or something, it’s a little unclear right now
Materials handily outperforms broader ASX with a gallant ~0.2% loss A Takeover Panel release to the ASX today reveals gold producers Ramelius and Westgold entered [more…]
Closing Bell: ASX takes a 1pc hit as inflation spooks; IMF bullish on China
Aussie stocks fell 1pc on rising inflation ASX sectors mostly down; IAG hit by class action lawsuit Asian markets dropped; IMF ups China’s growth forecast [more…]
Lord Resources puts the pin on priority lithium targets at Jingjing
Infill soil sampling at Lord Resources’ Jingjing project has confirmed multiple large lithium anomalies The four “compelling” areas of geochemical anomalism are supported by multiple [more…]
Ark Mines has a 21.7Mt rare earths, mineral sands resource at Sandy Mitchell
Ark Mines has a maiden indicated resource of 21.7Mt at 1,419ppm monazite equivalent at Sandy Mitchell The resource is in the higher confidence indicated category [more…]
Resources Top 5: DeSoto sets pace with REE acquisition; OAR cuts through with Brazilian uranium expansion
DeSoto Resources got off to a flyer earlier, on the back of announcing a new rare earths acquisition in the NT Meanwhile Oar Resources has [more…]
Straker achieves record profitability and cash flow in FY24
Straker reports free cash flow of $2.3m, a $3.2m improvement from the prior corresponding period Record gross margin of 63.8%, well ahead of guidance Company [more…]
The grateful eight: Bill the billionaire’s incredible shrinking Pershing portfolio
The brain behind top us hedge fund Pershing Square Capital – the man who put Bill back into billionaire – Bill Ackman, runs a tight [more…]
ASX Small Caps Lunch Wrap: Who’s blasting a leaky Boeing rocket into space next week?
Local markets were down again this morning, with the benchmark dropping sharply at open to be around -0.75% at lunchtime, as the market digested some [more…]
Long Shortz with Pursuit Minerals: The chase is on at Rio Grande Sur
Stockhead’s Sarah Hughan sits down with Pursuit Minerals (ASX:PUR) managing director and CEO Aaron Revelle to get the short end of the long story on the company’s [more…]