Rinehart’s Vulcan Fires Up Another Lithium Deal
Vulcan Energy Resources (ASX: VUL), the lithium up-and-comer backed by Gina Rinehart, revealed another off-take agreement ahead of the company’s annual meeting yesterday.
Read MoreVulcan Energy Resources (ASX: VUL), the lithium up-and-comer backed by Gina Rinehart, revealed another off-take agreement ahead of the company’s annual meeting yesterday.
Read MoreFor the second time in six weeks, shares in Melbourne packager Pact Group (ASX: PGH) have been hit hard by weak trading news, falling more than 12% in Monday’s trading session.
Read MoreMore signs of the renewal of department store group Myer Holdings (ASX: MYR), which on Monday revealed a major new refinancing of its debt with much easier terms.
Read MoreAPRA has revealed more changes aimed at shaking up the home lending and small to medium business sectors and make it more expensive for some to invest in the housing sector.
Read MoreFriday’s crash in oil prices has forced OPEC+ to delay technical meetings ahead of a formal decision on whether to cut a further 400,000 barrels a day from its global production cap.
Read MoreGlobal stocks and commodity prices – led by oil – plunged on what is now being called Black Friday as investors sprinted for safe haven assets after a new coronavirus variant shook market sentiment.
Read MoreAhead of the dramatic impact of the new Covid variant on world markets Friday, October retail sales data showed Australian shoppers spent heavily once the Delta lockdowns were eased.
Read MoreCommodities sold off on Friday – with the modest exception of gold – as fears about the new Covid variant hammered confidence and raised concerns about global economic growth in 2022.
Read MoreThe new Covid variant Omicron has emerged as a major threat in the mind of investors and will dominate global markets and politics this week as we head towards December and the end of the year.
Read MoreChalice Mining has proposed a spinoff of its gold assets designed to launch a new company on an independent path and let the parent exploit one of the most important mineral finds in decades.
Read MoreIt was a miserable week for America’s second tier retailers ahead of the huge end-of-year selling season, with poor sales and earnings reports seeing dramatic falls in share prices ranging from 14% to 29%.
Read MoreASIC is taking ANZ Bank to court over its discredited ‘introducer’ housing loan program that generated more than $18 billion in home loans for 50,000 people from mid-2016 to early 2018.
Read MoreWhat is the outlook for silver, which finds itself overshadowed by gold and left behind by platinum and palladium as their growing industrial use has upped demand and prompted price booms?
Read MoreShareholders in Altium who have stuck with the company this year are entitled to a solid chuckle when they read the latest quarterly results for the company’s one-time US suitor Autodesk.
Read MoreShares in online retailer Kogan slid more than 4% yesterday after the company took a strike on its remuneration report for a second year, ending Thursday’s trading near the session low of $8.45.
Read MoreFrom the ASX on Thursday: Adairs has surprised with an $80 million plunge into the furniture market, while NAB’s acquisition of Citi’s Australian consumer banking businesses has met with ACCC approval.
Read MoreShares in Fisher and Paykel Healthcare jumped more than 5% at one stage yesterday despite a flat performance for the six months to September 30 and weak outlook for some parts of the business.
Read MoreIt only took a couple of days but Peru has folded and reversed its contention that some mines in the country will not get environmental extensions to allow them to continue operating.
Read MoreWestpac’s oversight of its NZ operations has been strongly criticised in an independent report the bank was forced to commission by the country’s Reserve Bank.
Read MoreThe big slide in sales and profits reported by Harvey Norman yesterday is a ‘tell’ for investors thinking about how the retail sector will fare in next February’s interim reporting season.
Read MoreAs expected, the RBNZ yesterday lifted its key cash rate 0.25% to 0.75% which will be followed today by an similarly-anticipated decision by South Korea’s central bank to lift its key rate to 1%.
Read MoreOil prices bounced after the US government revealed plans for a co-ordinated release of oil – the first of its kind – from the reserves of some of the world’s major economies.
Read MoreLife after Covid is slowly becoming clearer for online travel group Webjet (ASX: WEB), but pre-pandemic times will not return until 2023, according to the company’s half year results on Wednesday.
Read MoreA day after Chile’s inconclusive Presidential poll, Peru has elbowed its way to centre stage with a stance that, if not changed, could see mines in the country closed or forced to cut output.
Read MoreReappointed Fed Chair Jay Powell and new Deputy Lael Brainard made no secret of inflation’s importance, with both addressing the subject after President Biden’s announcement on Monday.
Read MoreOn what was a pretty slow Tuesday on the ASX, here are four bits of news from TechnologyOne (ASX: TNE), Bapcor (ASX: BAP), Northern Star (ASX: NST), and Link Group (ASX: LNK).
Read MoreThe market reaction to Jay Powell’s reappointment shows how investors feel right now: comfortable and yet at the same time wary about inflation and what the central bank intends to do about it.
Read MoreAMP shares closed up 2.6% to $1.165 yesterday after the company confirmed that it is going to retain management of its $7 billion Capital Wholesale Office Fund (AWOF), after exploring options to sell.
Read MoreNew Zealand hydro-power company Meridian Energy is selling its retail electricity business and power generating assets in Australia to a consortium of Royal Dutch Shell PLC and infrastructure investors.
Read MoreWiluna Mining (ASX: WMC) revealed Monday that $53 million had been raised at $1 a share, more than half the $81 million or so required to back further work at its Wiluna gold project in WA.
Read MoreMore weeks of uncertainty in Chile, the world’s biggest copper producer and a major producer of lithium, as none of the candidates in Sunday’s presidential elections emerged with enough votes to win outright.
Read MoreGlobal jewellery and accessories group Lovisa says it is continuing to see a sharp recovery in sales around the world, despite ongoing lockdowns and other disruptions.
Read MoreBad news is piling up on oil markets and traders aren’t liking it, with prices dropping to six-week lows on Friday as the new Covid lockdowns in Europe sparked concerns about weaker demand.
Read MoreJust as some level of confidence was returning to the gold market, up went Covid infection rates, more lockdowns and protests across Europe, in Australia and parts of the US.
Read MoreGiven the global focus on inflation and monetary policy moves it’s no wonder that the markets will be watching the decisions from the Bank of Korea and the Reserve Bank of New Zealand this week.
Read MoreHeading into the final week of November and deeper into the northern winter, it is clear that the return of Covid Delta across much of Europe and increasingly in the US is rattling markets of all kinds.
Read MoreAre we set for years and years of ever-rising demand for key metals like lithium, nickel, copper, cobalt, the PGE elements and aluminium? Here we present two somewhat opposing arguments on the matter.
Read MoreBig global investors seem to be positioning themselves in US and Eurozone stocks in anticipation of a solid growth performance in 2022 – regardless of inflation and supply chain problems.
Read MoreNow the battle for Crown Resorts is getting serious with US investment group, Blackstone revealing a third, more serious offer for the embattled casino group at $12.50 per share.
Read MoreReal estate groups REA and Domain have issued upbeat trading updates for the first months of their 2021-22 financial year – on Friday they were joined by Sydney-based real estate agent, McGrath.
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