China’s steel output declines, iron ore futures soar
Despite China's crude steel output falling for the fourth consecutive month in October, iron ore futures prices hit new 17-month highs on the SGX in Singapore on Wednesday.
Read MoreSearch Results for:
Company Results
- • Chilwa Minerals
- • ARN MEDIA
- • Thrive Tribe Technologies
- • Algorae Pharmaceuticals
- • KINATICO
- • D3 Energy
- • SYNTARA
- • Earths Energy
- • ENLITIC LIMITED
- • CHARIOT CORPORATION LIMITED
- • VISIONFLEX GROUP LIMITED
- • Lithium Universe Limited
- • AIMS PROPERTY SECURITIES FUND
- • TG Metals Limited
- • Tesoro Gold Limited
- • Tennant Minerals Limited
- • Solis Minerals
- • Savannah Goldfields Limited
- • Pure Resources Limited
- • Pinnacle Minerals Limited
- • Petratherm Limited
- • Peregrine Gold Limited
- • Peak Rare Earths Limited
- • Panther Metals
- • Pacific Nickel Mines Limited
- • Osmond Resources Limited
- • Orora Group Limited
- • Orange Minerals
- • NMG Corporation Limited
- • Magnum Mining & Exploration Limited
- • Lithium Plus Minerals
- • Lindian Resources Limited
- • Labyrinth Resources Limited
- • Koba Resources Limited
- • Ronin Resources
- • Norfolk Metals Limited
- • Morella Corporation
- • Infinity Mining Limited
- • High-Tech Metals Limited
- • GreenX Metals Limited
All ShareCafe Content
Mixed economic signals in China
In October, there were tentative signs of an uptick in Chinese economic activity. However, this positive news was counteracted by yet another drop in investment, particularly in the property sector.
Read MoreBank reporting, Telstra, News Corp, Mirvac
Fund Manager Chris Pedersen discusses bank reporting, Telstra, News Corp and Mirvac Group.
Read MoreASX closes 1.4% higher despite wages climbing 1.3%
The Australian sharemarket reached an eight-week high on Wednesday, driven by optimism stemming from a US inflation report indicating the possibility of a peak in interest rates in the United States.
Read MoreBeetaloo Basin Webinar Special
Paul Sanger, a distinguished correspondent from Finance News Network, delves meticulously into the intricacies of the Beetaloo Basin. Engaging in insightful conversations with prominent figures such as the Deputy Minister, a distinguished representative of the Northern Territory Government, and reputable exploration drilling companies. Sanger orchestrates a comprehensive exploration of the pivotal factors shaping the landscape of this significant geological domain.
Read MoreJapan’s economy shrinks more than expected
Japan's economy contracted more than anticipated in the three months leading up to September, reversing the strong growth observed in the preceding three months until June.
Read MoreLatest US inflation report lifts ASX 1.4% at noon
Australian shares experienced early gains driven by the latest US inflation report, fueling speculation that interest rates may have peaked.
Read MoreStocks of the Hour: Atlantic Lithium, Findi, Odessa Minerals, Jindalee Resources
A snapshot of the stocks on the move, featuring Atlantic Lithium (AIM:ALL, ASX:A11, OTCQX ALLIF), Findi (ASX:FND), Odessa Minerals (ASX:ODE) and Jindalee Resources (ASX:JRL).
Read MoreChristmas Island rock phosphate stalwart CI Resources eyes wider opportunities, both home and abroad
Perth-headquartered rock phosphate producer CI Resources has a unique claim to fame: it’s the only ASX-listed entity to operate on Christmas Island, the remote Australian territory in the Indian Ocean that is much closer to Jakarta than Canberra.
Read MoreAristocrat Leisure: 23% dividend increase as net profit soars to $1.2 billion
Aristocrat Leisure (ASX:ALL) reported an impressive 24% surge in net profit to over $1.2 billion in the 12 months ending in September, resulting in a 23% increase in dividends for shareholders.
Read MoreIncitec Pivot shareholders to receive $1 billion capital return
Shareholders in the fertilisers and explosives group Incitec Pivot (ASX:IPL) will receive a capital return of approximately $1 billion, in addition to the paused $400 million buyback, once the sale of the company's vast US ammonia production plant is finalised shortly.
Read MoreFederal Senate approves bill for carbon capture project
In a surprising turn of events, the Australian federal government's Environment Protection (Sea Dumping) Amendment (Using New Technologies to Fight Climate Change) Bill has successfully passed the Senate with the support of the Coalition. While the bill's title might not immediately suggest a connection to fossil fuels, it has ignited controversy due to its perceived link to one of the dirtiest fossil fuel projects in the nation's history.
Read MoreNufarm shareholders receive lower final dividend amid steady annual results
Crop protection group Nufarm (ASX:NUF) shareholders will receive a lower final dividend, while the full-year dividend remains unchanged, following the company's 'steady as she goes' annual results announcement on Wednesday.
Read MoreChariot Corporation progresses with Black Mountain project drilling Program
Chariot Corporation (ASX:CC9) is making significant strides in its flagship Black Mountain lithium project, located in Wyoming, USA.
Read MoreLower than expected inflation number drives markets higher
Stocks rallied on Tuesday, building on their strong November gains, as Wall Street cheered new U.S. inflation data that raised hope of the Federal Reserve wrapping up its rate-hiking campaign.
Read MoreGlencore acquires Teck’s coal assets for $8.9 billion
Glencore has finally acquired the coal assets of Teck Resources, comprising high metallurgical coal mines in western Canada. The company intends to create a separate entity by merging these businesses.
Read MoreM&A making its way back into corporate agendas
In the midst of economic uncertainty and a sluggish growth landscape, corporate leaders and fund managers in Australia are beginning to reevaluate their strategies.
Read MoreWall Street anticipates rate cut amidst falling oil and gas prices
Wall Street's view has shifted to no more rate rises and a potential rate cut sooner than expected. This change comes after a sharp decline in oil and petrol prices, causing US inflation to resume its downward trend in October, marking the first decrease in three months.
Read MoreLower than expected inflation number drives markets higher
Stocks rally on Tuesday, building on their strong November gains, as Wall Street cheers new U.S. inflation data that raises hope of the Federal Reserve wrapping up its rate-hiking campaign.
Read MoreBeetaloo Basin webinar sheds light on unconventional gas development
A special webinar will take place on Wednesday 15 November 2023 to delve into the world-class gas resource in the Beetaloo Sub-basin in the Northern Territory. This event will provide insights into the potential of the Beetaloo and its significance on both a regional and global scale.
Read MoreASX closes 0.83% higher despite drop in consumer sentiment
On Tuesday, the sharemarket rebounded, driven by gains in the energy and mining sectors due to a recovery in commodity prices.
Read MoreAfternoon update: ASX trading 0.66% higher, Energy surges over 2%
The S&P/ASX 200 index rose by 0.66 per cent to reach 6,994.60, driven by robust performances in the energy, mining, gold, and lithium sectors, which benefited from a rebound in commodity prices.
Read MoreLithium exploration insights: Chariot Corporation’s US projects & Black Mountain drill progress
Explore Chariot Corporation (ASX:CC9) US lithium projects with CEO Shanthar Pathmanathan and geological consultant Dr. Edward Max Baker. Discover the progress at the flagship Black Mountain drill and key milestones ahead.
Read MoreALS faces a difficult 2023-24 amidst revenue challenge
The 2023-24 fiscal year has been nothing but resilient for the Brisbane-based global testing group, ALS (ASX:ALQ). The first half, ending in September, saw a slight rise in revenue followed by a drop in earnings.
Read MoreASX up 0.6% as commodity prices recover
The S&P/ASX 200 has risen by 0.6 percent to reach 6991, driven by a recovery in commodity prices. Investors are eagerly awaiting crucial US inflation data to gain insight into whether interest rates have reached their peak in the world's largest economy.
Read MoreCBA’s Q1 2023 earnings: Limited growth, challenging year ahead
The Commonwealth Bank (ASX:CBA) reported virtually no profit growth in the first quarter of its 2023-24 fiscal year, indicating potential challenges for both the bank and the sector after strong results in 2022-23.
Read MoreS&P 500 closes near flat line as Moody’s cuts US rating
The S&P 500 ended Monday’s session near the flat line as traders prepared for the release of key inflation data.
Read MoreLynas gets green light for Mount Weld rare earths expansion
The Western Australia Environmental Protection Authority (EPA) has recommended the environmental approval of Lynas' life-of-mine proposal for its Mount Weld rare earths project. The proposed expansion by Lynas Rare Earths' subsidiary aims to increase the development area to 2802 hectares, extending the operation's lifespan by up to 30 years. This decision comes despite concerns about transitioning to renewables.
Read MoreExxon Mobil’s innovative approach to becoming a leading lithium player in the US
Oil giant Exxon Mobil aims to establish itself as a prominent player in the US lithium market. Unlike traditional methods of acquisition, Exxon is taking a grassroots approach, focusing on a novel production method.
Read MoreBig four Australian banks: Strong annual results amid rate hikes
The ANZ Bank's 2022-23 annual results, announced on Monday with their solid bottom line and higher dividends, have capped off the best year in five years for our Big Four banks: Commonwealth, NAB, Westpac, and ANZ.
Read MoreS&P 500 trading higher: Moodys Investor Service lowers US credit rating
Stocks rose on Monday, as traders tried to move past Moody’s Investors Service lowering its U.S. credit rating outlook to negative from stable.
Read MoreOrigin offers special dividend
Origin Energy has also offered shareholders a special dividend on approval of the merger scheme, which is to be voted on in 10 days' time.
Read MoreKrakatoa’s potential lithium find
Krakatoa (ASX:KTA), a former gold producer, has announced a significant potential lithium discovery at King Tamba.
Read MoreMeat prices stage a comeback
Australian cattle and sheep producers are breathing a sigh of relief as meat prices stage a comeback after a challenging period of oversupply and plummeting values.
Read MoreASX closes 0.4% lower as oil price weakens
The Australian sharemarket declined on Monday, with a 0.4% drop in the benchmark S&P/ASX 200 index to 6948.8 points, primarily due to a sell-off in energy and bank stocks.
Read More
Elders shareholders brace for challenging year
Elders (ASX:ELD) shareholders are bracing for a potentially challenging year ahead in 2023-24. The company has forecasted lower earnings and a reduced dividend.
Read MoreBoral’s earnings projection soars by 10%
Shares in cement and building products group Boral surged by more than 7% early on Monday after the company surprised with a 10% increase in projected earnings for the 2023-24 financial year.
Read MoreASX down 0.22% at noon amidst RBA’s new leadership test
At noon, the S&P/ASX 200 stock index has decreased by 0.22 percent. This decline comes just before a series of economic indicators are due to be released, which will assess the accuracy of the Reserve Bank's initial forecasts during Michele Bullock's tenure as governor.
Read MoreStocks of the Hour: Infinity Lithium Corp, TG Metals, 4DMedical
A snapshot of the stocks on the move, featuring Infinity Lithium Corporation (ASX:INF), TG Metals (ASX:TG6) and 4DMedical (ASX:4DX).
Read More
