Hoover House Genesis Proving Problematic
Back to the drawing board for the nascent gold miner Hoover House as its delivery is proving a challenge for its parents – St Barbara and the Kerry Stokes-backed Genesis Minerals.
Read MoreBack to the drawing board for the nascent gold miner Hoover House as its delivery is proving a challenge for its parents – St Barbara and the Kerry Stokes-backed Genesis Minerals.
Read MoreViva Energy, the owner of the Shell brand in Australia, is making a big bet – with plans to spend a total of $1.4 billion on dramatically expanding itself into non-fuel retailing.
Read MoreWatch the share of ASX-listed gold stocks take a run higher Wednesday after another strong day for the precious metal on global markets with the futures closing well above $US2,000 an ounce.
Read MoreSeek shares withstood an initial selloff yesterday after the company cut guidance because of a fall in job advertising – closing down 0.95% after sliding more than 7% in early dealings.
Read MoreThe Reserve Bank of Australia has become the first major central bank to pause its campaign of rate increases, leaving its cash rate at 3.6% even though inflation remains very high.
Read MoreRio Tinto says it will support ERA’s latest capital raising to help fund the continuing rehabilitation of the Ranger uranium mine in the Northern Territory to the end of June 2024.
Read MoreANZ’s $4.9 billion offer for Suncorp’s banking arm looks to be in trouble after comments from the ACCC that it worries about future competition and can’t see many benefits from the deal.
Read MoreTeck Resources has stated that it doesn’t want to be owned in any way by Glencore, the Swiss commodity trader, miner and world’s biggest thermal coal exporter.
Read MoreThe Australian property market remains tough to read, with ABS statistics out on Monday showing building approvals rose while new housing loans again eased in February.
Read MoreIn ASX news Monday, Twiggy Forrest’s Wyloo is happy to sit tight for the moment on its Mincor bid, while Evolution Mining has given a further update on its problems at Ernest Henry.
Read MoreOPEC+’s surprise production cut will be noted by the RBA at its meeting today as a possible short-term boost to cost pressures and perhaps the harbinger of a medium-term slump in activity.
Read MoreThe first quarter of 2023 had just about everything – bank failures, rate rises, China’s reopening, commodities in and out of favour, unlikely safe-haven designations and much, much more.
Read MoreAustralian shipbuilder Austal will come under enormous pressure today after three US executives were charged by the SEC with a fraud claimed to have been running since at least 2013.
Read MoreThe main commodities theme of the first three months of 2023 persisted right to the end of the period, with oil’s struggles continuing and gold surging to its best quarterly rise in nearly 3 years.
Read MoreThe late Easter break means the new quarter kicks off in most western economies with a short trading week featuring the now usual step-up in key data and interest rates decisions.
Read MoreAlkane Resources looks like it is moving closer to confirming it has a monster porphyry gold copper prospect smack bang in the heart of the huge central NSW minerals province.
Read MoreSilver Mines has surprised with a sharp increase in the size of its Bowdens prospect in NSW, which now contains not only lots of silver, lead and zinc, but also gold – with more on the way.
Read MoreBYD saw a dramatic surge in revenue and earnings in 2022 and its planned lift in production this year will further drive its already strong appetite for lithium and other key green metals.
Read MoreInvestors can expect a stepped-up flow of news from Chalice Mining over 2023 as it starts the push towards the first mine on its 30-kilometre-long diverse resource strike zone in WA.
Read MoreInvestors gave the shares of fallen cobalt idol Jervois Global another pasting Thursday after the shock decision to halt construction work on its US flagship Idaho Cobalt Operations.
Read MoreRegis Resources is one step closer to getting its McPhillamys gold project in NSW off the ground after receiving final approval from the NSW Independent Planning Commission.
Read MoreThe Reserve Bank’s rate rises might be taking their time to have a substantive impact on inflation and the labour market, but they are certainly making their mark on retail employment.
Read MoreMincor has revealed that BHP had refused a request to alter its nickel ore offtake agreement, throwing a big roadblock in the way of the company’s ambitions moving forward.
Read MoreThe Toronto-listed shares in battery metals company Jervois Global caught up with Wednesday’s move in Australia, slumping 38% after the near 42% plunge on the ASX.
Read MoreDiffering fortunes for mining behemoth Fortescue and local medi-tech ALS on Wednesday, with operational dramas at the former and a slight earnings upgrade from the latter.
Read MoreASIC is investigating the ASX for potential breaches of continuous disclosure, business judgement and deceptive conduct over its failed CHESS blockchain replacement project.
Read MorePilbara revealed Wednesday that it will ignore the recent price downturn and spend more than half a billion dollars on a large expansion of its key WA lithium mining business.
Read MoreThe Reserve Bank will almost certainly pause its rate rises at its April monetary policy meeting next Tuesday after the monthly inflation indicator for February fell to an 8-month low.
Read MoreRetail sales were again flat to weak in February, continuing the lacklustre growth first seen last September as the rapid rises in interest rates started biting at consumer spending.
Read MoreThe recent travails we’ve seen in global markets and the finance sector in particular haven’t scared off potential bidders for two local companies: Origin Energy and distiller United Malt.
Read MoreAlbemarle has turned the frowns in the struggling local lithium space upside down with news of a series of approaches to Liontown Resources, including a recent one at $2.50 per share.
Read MoreChalice Mining has put a for sale sign on a big chunk of its growing Gonneville green metals prospect in WA after boosting the size of the already world scale project by 60%.
Read MoreSome news on Monday from funerals group InvoCare, which has knocked back the recent bid by TPG Global, and Ampol, the recipient of some bad tidings from its Lytton refinery.
Read MoreLatitude Financial’s hacking attack is now one of the worst ever reported in this country and you’d be right in wondering if it could mean the end of the company in its present form.
Read MorePremier Investments has rewarded shareholders with a special interim dividend, taking its total 1H23 payout to 70 cents per share after posting record sales and earnings.
Read MoreBank of Queensland has announced that ex-Chair Patrick Allaway will take over the role in a full-time capacity until 2024 after an unsuccessful external search for a suitable candidate.
Read MoreNo matter which way you look at commodity markets at the moment, gold and oil continue to dominate sentiment – with gold in particular benefitting of late from the turmoil elsewhere.
Read MoreWall Street shrugged off more worries about European banks and finished a volatile week on an up note – but will that translate into gains when trading in Asia resumes later today?
Read MoreThe iron ore selloff accelerated in Friday trading on the Singapore Exchange, taking the price loss for the week to around 10% to record its lowest closing level since January 10.
Read MoreA quieter week looms both locally and globally, as the end of March on Friday lowers the curtain on a quarterly period that most investors will be glad to see in their rearview mirror.
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