Musgrave Minerals rejects Westgold’s all-stock bid
The board of Musgrave Minerals (ASX:MGV) has advised shareholders to decline the all-stock bid presented by Westgold Resources (ASX:WGX), asserting that the offer undervalues the company.
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Element 25 secures contract with General Motors
Shares in Element 25, a manganese miner, experienced a surge of 23% following a supply contract with General Motors.
Read MoreMetcash rally fades as warning signs emerge from annual results
Metcash (ASX:MTS) may have reported record annual sales and earnings for the year ending 30 April, but closer examination of the results reveals warning signs that cast doubt on the initial 9% surge in the retailer’s share price on Monday.
Read MoreWesfarmers matches EC Healthcare’s offer for SILK Laser
After saying it would be disciplined in spending capital, Wesfarmers has surprised by announcing a decision to match the $3.35 per share offer by EC Healthcare for SILK Laser.
Read MoreASX closes 0.29% lower as Aus dollar falls
The Aus dollar is trading near its lowest level since the beginning of June due to concerns about central banks increasing policy interest rates.
Read MoreCazaly Resources (ASX:CAZ) – Webinar Presentation
Tara French – Managing Director – Cazaly Resources (ASX:CAZ) is a Perth-based Australian diversified mineral exploration and resource development company with projects around the world.
Read MoreGratifii (ASX:GTI) – Webinar Presentation
Iain Dunstan – Managing Director & CEO – Gratifii (ASX:GTI) is a technology company transforming the way that loyalty is managed and delivered. Gratifii’s core product, Mosaic, is an innovative customer enterprise engagement platform that makes it easy to deliver tailored loyalty programs and content.
Read MoreImmutep (ASX:IMM) – Webinar Presentation
Marc Voigt – Executive Director & CEO – Immutep (ASX:IMM) is a clinical-stage biotechnology company at the forefront of developing novel LAG-3 immunotherapy for cancer and autoimmune diseases.
Read MoreKalgoorlie Gold Mining (ASX:KAL) – Webinar Presentation
Dr Matt Painter – Managing Director & CEO – Kalgoorlie Gold Mining (ASX:KAL) systematically explores targeted areas that have been neglected for decades, offering a unique investment opportunity in WA’s Eastern Goldfields.
Read MoreASX 0.36% lower at noon amidst significant selloff
Australia’s share market has experienced volatility with a significant multi-day selloff, but has recovered partially as US futures show a slight improvement.
Read MoreGlobal stocks fall in worst week since March: Aus shares to open lower
Global stocks fell on Friday, capping their worst week since March as investors in the US and Europe fretted over the prospect of further interest rate increases and potential recession.
Read MorePositive aspects of Newcrest deal
24 Jun 2023 – There are some significant developments taking place in relation to the potential merger between Newcrest and Newmont, as well as the future of the Havieron gold copper prospect. However, it is important to present the information in a more positive and optimistic light.
Read MoreNew Zealand launches inquiry into Australian-dominated banking sector
24 Jun 2023 – The fact that it’s an election year across the Tasman helps explains the New Zealand’s government decision to hold an inquiry into its Australian-dominated banking sector.
Read MoreWarren Buffett’s strategic moves
24 Jun 2023 – Warren Buffet continues to show the rest of the global investment community that he has ‘timing’ when it comes to making big plays in investment (and that remains very generous).
Read MoreBank of England’s rate hike: implications for RBA
24 Jun 2023 – The surprise decision by the Bank of England overnight on Thursday to raise its key rate by a substantial half a per cent to a 15-year high of 5% carries a significant message for Australia as the next meeting of the Reserve Bank of Australia approaches on July 4.
Read MoreFortescue metals enters $8m farm-in and joint venture agreement with Strategic Resources
23 Jun 2023 – Australian iron ore giant Fortescue Metals Group (ASX:FMG) has secured an $8m farm-in and joint venture deal with ASX minnow Strategic Resources (ASX:SER) over its copper-nickel-gold tenements located in Canobie.
Read MoreASX closes 1.34% lower as Energy suffers big blow
23 Jun 2023 – The ASX has experienced a third consecutive day of significant decline due to persistent aggressive selling.
Read MoreStocks of the Hour: Tamboran Resources, Solis Minerals, North Stawell Minerals
23 Jun 2023 – A snapshot of the stocks on the move, featuring Tamboran Resources, Solis Minerals, North Stawell Minerals.
Read MoreUS DOE gifts record-breaking loan to battery plants
23 Jun 2023 – The Nasdaq Composite and the S&P 500 rose Thursday, snapping three-day losing streaks as investors resumed buying tech stocks.
Read MoreInvestment banking activity plummets 50%
22 Jun 2023 – Investment banking activity in Australia has experienced a significant decline in the first half of 2023, with fees dropping by 50 percent compared to the same period last year. The decrease in investment banking deals reflects the prevailing economic uncertainties and higher costs of debt.
Read MoreNorthern Star doubles its asset
22 Jun 2023 – As widely forecasted, Northern Star Resources (ASX:NST) has greenlit the doubling in size of its major asset, the SuperPit gold mine of KGCM near Kalgoorlie, at a cost of $1.5 billion.
Read MoreMagnis Energy Technologies (ASX:MNS) receives lithium-ion battery certification
22 Jun 2023 – Magnis Energy Technologies Limited (ASX:MNS) Managing Director (US) Hoshi Daruwalla discusses the UN/DOT 38.3 certification awarded to lithium-ion batteries produced at the IM3NY battery plant.
Read MoreLake Resources (ASX:LKE) announces two-phase production strategy for battery-grade lithium carbonate
22 Jun 2023 – Lake Resources Limited (ASX:LKE) Managing Director David Dickson discusses the company’s two-phase strategy.
Read MoreBitcoin surges past US$30,000: ASX down 1.34% at noon
22 Jun 2023 – Bitcoin has experienced a significant surge of over 6 per cent in the last 24 hours, surpassing the $30,000 mark. This surge is attributed by traders to the announcement of BlackRock’s plans to launch an exchange-traded fund focused on bitcoin.
Read MoreDust pollution crisis threatens Newcrest Mining’s Cadia mine operations
22 Jun 2023 – Newcrest Mining (ASX:NCM) has been ordered to immediately cut the amount of dust pollution being produced by its huge Cadia gold-copper mine in the NSW Central West – even if it means cutting production.
Read MorePause in Fed’s rate hikes signals caution amid high inflation
22 Jun 2023 – After lifting interest rates by 5 percentage points since March last year the Fed this month paused to assess the effects of its actions but left a strong indication that interest rates would continue rising because inflation was too high and there would be some damage.
Read MoreStocks retreat as investors digest Powell’s inflation comments
22 Jun 2023 – Stocks fell Wednesday as investors took a breather from last week’s market rally, and weighed Federal Reserve Chair Jerome Powell’s latest comments on inflation.
Read MoreTribunal blocks Telstra
Telstra (ASX:TLS) and TPG Telecom (ASX:TPG) will not be able to share infrastructure across regional Australia, as the competition tribunal upheld the decision to block the deal.
Read MoreBHP sticks to current decarbonisation goals
BHP (ASX:BHP) has announced that it will not accelerate its decarbonisation plans beyond its existing target of reducing emissions by 30 percent by 2030. The company’s head of management, Graham Winkelman, made this statement during an investor briefing, emphasising that BHP intends to focus on taking concrete actions to address its scope 1 and 2 emissions.
Read MoreChina’s NEV subsidy sends ICE industry into overdrive
21 Jun 2023 – As suspected, China has extended the purchase tax subsidy (for varying amounts) for new energy vehicles (battery and plug-ins) for four more years.
Read MoreNewmont adjusts investment plans amid Newcrest takeover
21 Jun 2023 – Newmont has started cutting its planned investment spending on new projects in the wake of the proposed US$17.8 billion takeover of Newcrest.
Read MoreDexus lowers property book values by $1bn
21 Jun 2023 – In a significant development for the office and industrial property sector, Dexus, a prominent Australian real estate group, has announced a reduction in the book value of numerous properties.
Read MoreSayona’s vertically integrated NAL NPV now exceeds A$5bn
21 Jun 2023 – Sayona Mining Limited (ASX:SYA) Finance Manager Dougal Elder discusses key takeaways from the recent lithium carbonate study, improvement in operation total value, and steps to get to first production in 2026.
Read MoreDexus cuts valuations: ASX 0.22% lower at noon
21 Jun 2023 – Office and industrial property group, Dexus (ASX:DXS), has reduced the book value of its office and industrial properties by approximately $1 billion (6% reduction) due to higher capitalization rates and discount rates as indicated by an independent expert’s report. Despite rental growth offsetting some impact, the office portfolio decreased by about 7.7%, while the industrial portfolio decreased by about 0.2% on prior book values.
Read MoreUS stocks finish lower for second consecutive day
21 Jun 2023 – Stocks fell Tuesday, the first trading day of the week, as a rally that drove the market to levels not seen in more than a year took a breather.
Read MoreStocks of the Hour: SXL, BTR, PRD
Abbey Phillipps from Finance News Network breaks down some stocks making noise in today’s ASX trading session.
Read MoreChina cuts
Tesla’s record 13-day streak of gains came to an end on Wednesday, snapping a run that added $US240 billion to its market value and more than $US26 billion to Elon Musk’s fortune.
Read MoreOil wobbles as market waits on Powell
Tesla’s record 13-day streak of gains came to an end on Wednesday, snapping a run that added $US240 billion to its market value and more than $US26 billion to Elon Musk’s fortune.
Read MoreSt Barbara (ASX:SBM) to choose between proposals
Tesla’s record 13-day streak of gains came to an end on Wednesday, snapping a run that added $US240 billion to its market value and more than $US26 billion to Elon Musk’s fortune.
Read MoreLynas (ASX:LYC) facing possible delay
Tesla’s record 13-day streak of gains came to an end on Wednesday, snapping a run that added $US240 billion to its market value and more than $US26 billion to Elon Musk’s fortune.
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