Live ASX News Today
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29th Jun 05:23 PM AEST
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Regional Express Holdings Limited (ASX:REX) announced on Tuesday that it had signed a Letter of Intent (LOI) with a lessor for the lease of two Boeing 737-800NGs.
The two aircraft are expected to arrive in late August, increasing the 737 fleet to eight, and are scheduled to enter service on Rex’s domestic network in September.
As of now, Rex is operating 737 services from Melbourne to Sydney, Gold Coast, Adelaide, and Canberra and from Sydney to Gold Coast.
The two additional aircraft will provide Rex with the ability to launch new routes to other capital cities, large regional centres and popular leisure destinations. The new routes will be announced shortly.
Rex is operating a fleet of 60 Saab 340 and six Boeing 737-800NG aircraft to 61 destinations throughout all states in Australia.
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29th Jun 05:23 PM AEST
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29th Jun 05:03 PM AEST
ASX recovers from early losses, ends flat on tech, healthcare boost
The Australian shares closed flat, paring early losses, led by smart recovery in tech, health care and consumer discretionary stocks. The concerns over rising COVID-19 cases and fresh curbs dented market sentiment. New South Wales on Tuesday recorded 19 locally acquired COVID-19 cases, while exposure site rose to more than 250 across Greater Sydney. Meanwhile, Queensland and Perth became the latest state to introduce a lockdown to deal with the unfolding coronavirus situation.
The S&P/ASX200 closed 6.10 points lower at 7301. Earlier today, the index open flat at 7,308 and declined as much as 0.9% to hit intraday low of 7,241.50.
On the sectoral front, six of the 11 sectoral indices ended lower. The utilities sector emerged as the top laggard with 1.3% loss. Among others, energy, materials, A-REIT, telecom, industrials, sectors also ended in red.
On the flip side, information technology stock emerged as top performer, gaining 0.85%. Health care, consumer discretionary, consumer staples and financials were among other gainers.
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29th Jun 04:49 PM AEST
Collins Foods (ASX:CKF) appoints Drew O’Malley as Managing Director
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KFC and Taco Bell franchisee in Australia, Collins Foods Limited (ASX:CKF) has announced the appointment of Drew O’Malley to the Board as Managing Director, effective immediately.
The ASX announcement stated that having led the company and executive team as Chief Executive Officer since 1 July 2020, O’Malley’s responsibilities are being extended to the Managing Director role now.
The stock CKF closed down 5.670% at AU$11.980 per share today.
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29th Jun 03:40 PM AEST
ASX-listed mining heavyweights drag as iron ore futures drop
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Australian big miners BHP Group Limited (ASX:BHP), Rio Tinto (ASX:RIO), and Fortescue Metals Group Limited (ASX:FMG) dragged the Aussie mining sub-index AXMM down as much as 1.2%.
Dalian iron ore futures DCIOcv1 dropped more than 3%.
AXMM is set to post its biggest intraday percentage loss since 21 June 2021.
Mining heavyweights BHP, Rio Tinto, and Fortescue Metals dropped as much as 1.6%, 1.3%, and 1%, respectively.
BHP, RIO and FMG eye their worst day since 21 June 2021.
Miners are set to snap their five-day winning streak.
The Australian metals and mining sub-index up 9.1% this year, as of the last close.
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29th Jun 03:16 PM AEST
Aussie real estate firms fall as stocks trade ex-dividend
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Australian real estate firms AXRE slipped as much as 2.3% to 3,487.0, their biggest intraday percentage drop since 12 May 2021.
The losses are in line with the ASX 200 benchmark AXJO, which is down 0.7% as of 0243 GMT owing to increasing coronavirus curbs in some Australian states.
The real estate investment trust DEXUS (ASX:DXS) fell as much 2.8%, marking its worst intraday drop since mid-May.
DXS, which trades ex-div, will pay 23 Australian cents per share for HY ending June 2021.
Property firm Stockland (ASX:SGP) fell 3.8% to hit its lowest since 27 May 2021; traded ex-dividend.
SGP will pay 13.3 Australian cents per share for HY ending June 2021.
Mall operator Vicinity Centres (ASX:VCX) and SGP are among the top percentage losers in the sub-index.
AXRE is up 7.4% this year, as of the last close, underperforming the ASX 200 benchmark index's AXJO ~11% increase.
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29th Jun 03:09 PM AEST
Burgundy Diamond Mines (ASX:BDM) climbs on potential business expansion
Gold and base metals explorer Burgundy Diamond Mines Limited (ASX:BDM) posted gains on the ASX on Tuesday, gaining as much as 11.111% to AU$0.300, highest since 11 June 2021.
The Company, formerly known as EHR Resources, said it has advanced several recent arrangements to expand to downstream operations in the fancy colour diamonds sector.
The Company said plans for downstream operations include proposed future production of fancy yellow diamonds from the Ellendale project in Western Australia
BDM also informed it has been formulating a wider downstream strategy to include cutting, polishing, marketing and sales of potential production from other projects in its international portfolio.
The stock is on track for second consecutive session of gains.
The Company's shares are down more than half this year, as of the last close.
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29th Jun 02:33 PM AEST
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29th Jun 02:04 PM AEST
DigitalX (ASX:DCC) jumps as value of digital asset portfolio increases
Shares of bitcoin-related firm DigitalX Limited (ASX:DCC) jumped as much as 12.2% to AU$0.055, marking their best day since 26 April 2021.
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DigitalX shared it expects to record a material increase of AU$8.33 million in the value of its digital asset portfolio following the receipt of digital assets from the Human Protocol Foundation.
The Company has also recognised AU$8.33 million in revenue received in June 2021 relating to advisory services announced in FY 2019.
More than 7.3 million shares have changed hands, compared with the 30-day average volume of 2.4 million shares.
The stock has hit its highest since 21 June 2021.
As of the last close, the stock is down 47.3% this year.
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29th Jun 02:03 PM AEST
Nyrada (ASX:NYR) rises on encouraging efficacy results from cholesterol drug study
Shares of drug developer Nyrada Inc (ASX:NYR) jumped as much as 8.6% to AU$0.315, marking their best day since 8 June 2021.
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The Company has announced encouraging efficacy results from a preclinical study of its oral inhibitor treatment for high cholesterol, NYX-PCSK9i in a specialised mouse model.
It stated that results from the preclinical efficacy study showed NYX-PCSK9i reduced total cholesterol by 46% as a monotherapy, and 65% when dosed in combination with the statin drug Lipitor over the study period.
NYR said no adverse effects were identified and NYX-PCSK9i was well-tolerated.
The firm added that safety pharmacology and toxicology studies of NYX-PCSK9i will commence in H2 2021 in preparation for a Phase I first-in-human study, which is set to commence mid-2022.
The stock has hit its highest since 16 June 2021.
The stock is up 20.8% so far this year, as of the last close.
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29th Jun 02:03 PM AEST
4DMedical (ASX:4DX) rises after starting clinical trial of patented software
Shares of 4DMedical Limited (ASX:4DX) gained as much as 5.3% to AU$1.233 in their biggest intraday percentage gain since 18 June 2021.
The Medical technology firm has started clinical trial of its patented platform XV Lung Ventilation Analysis Software (XV LVAS) at the John Hopkins School of Medicine in the United States.
The Company has stated that trial will focus on validating the clinical benefit of XV LVAS in patients with chronic obstructive pulmonary disease, which causes airflow blockage and breathing-related problems.
The stock is down ~51.9% this year, as of the last close.
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29th Jun 01:20 PM AEST
Core Lithium (ASX:CXO) rises on partnership with ERM Group
Shares of Core Lithium Limited (ASX:CXO) jumped as much as 5.4% to AU$0.243 per share on Tuesday.
The Lithium explorer informed that it has co-partnered with global environmental consultants ERM Group for carbon footprint evaluation of Finniss Lithium Project near Darwin, Northern Territory.
CXO shared ERM Group has completed greenhouse gas (GHG) assessment of Finniss Project. The assessment has identified that Finniss Project has the lowest emissions from transport of spodumene concentrate compared with any other Australian lithium projects.
The Company stated ERM Group has been engaged to complete a Life Cycle Analysis and Sustainable Assessment of the project.
The stock has risen 58.6% this year, as of the last close.
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29th Jun 01:20 PM AEST
Advertising firm GTN Limited (ASX:GTN) posts upbeat annual outlook, shares spurt up
Advertising platform GTN Limited (ASX:GTN) spurted as much as 25.00% to AU$0.400 at 1:00 PM AEST on Tuesday.
The Company stated revenue booked to-date in local currencies for Q1 FY22 in all operating regions is "substantially ahead" compared with a year earlier.
The revenue for Q4 FY21 up "significantly" vs a year ago. Revenue from Australian ops for H2 FY21 expected to increase about 23-24% vs last year, the Company said.
GTN shared it sees a slight drop in FY21 adjusted EBITDA at between AU$13 million and AU$14 million, compared with AU$14.2 million last year.
The firm sees 2H21 earnings from Canada and Brazil to take a hit due to coronavirus restrictions in the regions.
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29th Jun 01:15 PM AEST
Southern Gold (ASX:SAU) rises on deal to sell stake in two JVs
Shares of gold explorer Southern Gold (ASX:SAU) rose as much as 8.6% to AU$0.076, their biggest intraday percentage gain since 29 April 2021.
The Company stated it has executed a definitive agreement with LSE-listed Bluebird Merchant Ventures for the sale of Gubong and Kochang joint venture interests in South Korea.
The Gubong and Kochang JVs are jointly owned by Southern Gold’s Singapore-based unit International Gold Pty Ltd and BMV, each holding a 50% stake.
The Company stated it has agreed to a share swap deal to exchange its unit's 50% stake in the two joint ventures for a 30% interest in BMV at a current deal value of AU$13.2 million.
The stock has hit its highest since 15 June 2021.
SAU is down 44% this year so far.
At 1:00 PM AEST, the stock was trading 5.714% higher at AU$0.074 per share.
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29th Jun 12:58 PM AEST
Australian energy stocks slip as rising COVID-19 cases stoke oil demand worries
Australian energy sub-index AXEJ fell as much as 2% to its lowest since 2 June 2021.
Oil prices have slipped as rising cases of the COVID-19 Delta variant across the world stoke worries about fuel demand.
The Sub-index is down after two straight sessions of gains.
Oil and gas firm Beach Energy Limited (ASX:BPT) and fuel supplier Viva Energy Group Limited (ASX:VEA) slipped as much as 3.1% and 3.9%, respectively.
Papua New Guinea-focused oil and gas explorer Oil Search Ltd (ASX:OSH) dipped as much as 2.2%.
Whitehaven Coal Ltd (ASX:WHC), Australia's largest independent coal miner, also fell, down as much as 4.9%.
Broader market AXJO is down 0.8%.
AXEJ up 0.9% this year, as of the last close.
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29th Jun 12:58 PM AEST
Vicinity Centres (ASX:VCX) falls most in ten months, trades ex-dividend
Mall operator Vicinity Centres (ASX:VCX) fell as much as 5% to AU$1.53, their biggest intraday percentage loss since 27 August 2021.
The shares trade ex-dividend; VCX will pay a final dividend of 6.6 Australian cents per share for FY21 compared with no distribution a year ago.
It brings VCX's total FY21 dividend to 10 Australian cents, near the lower end of its distribution policy.
VCX's dividend yield stands at 6.21% as per the Refinitiv data.
VCX has hit its lowest level since 28 May 2021 and is set for a fifth straight session of losses.
The stock is the third biggest percentage loser on the ASX 200 benchmark index AXJO.
The stock is flat for the year, as of the last close, underperforming the ASX 200 benchmark index's ~11% increase.
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29th Jun 12:19 PM AEST
Australia's buy-now-pay-later firms hold up against broader losses
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U.S.-based Sezzle Inc (ASX:SZL) climbed 3.4% to AU$9.23, leading gains among its Australia-listed buy-now-pay-later (BNPL) peers.
Afterpay Limited (ASX:APT) and Zip Co Limited (ASX:Z1P) climbed 1.3% and 1.6%, respectively.
The broader market AXJO is down 0.7% as COVID-19 restrictions spread to more parts of Australia with around 80% of the population under some form of curbs.
Tech stocks rallied overnight on Wall Street, supporting appetite for BNPLs in Australia.
Afterpay and its venture capital arm pumped $10 mln in Dubai-based Postpay for an undisclosed stake.
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29th Jun 12:17 PM AEST
Veris (ASX:VRS) gains as unit secures surveying services contract
Infrastructure services provider Veris Limited (ASX:VRS) rose as much as 2.816% to AU$0.073, its highest since 15 June 2021.
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The Company stated its spatial data services unit, Veris Australia, has been awarded a contract to provide surveying services to Sydney metro's southwest metro upgrade.
The Company informed the services, to be provided to the joint venture between John Holland Pty Ltd and Laing O'Rourke Australia Construction, are expected to generate AU$2.5 million in revenue for Veris Australia over a two-year period.
The contract will include upgrading bridges, underpasses and other utility modifications, among others.
The stock is down ~12.4% this year, as of the last close.
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29th Jun 12:16 PM AEST
Verbrec (ASX:VBC) jumps on winning multiple contracts
Engineering services firm Verbrec Limited (ASX:VBC) gained as much as 7.4% to AU$0.145, their biggest intraday percentage jump since 3 June 2021.
The Company shared it has secured multiple contracts and said project work-in-hand has increased to AU$70 million, up 56% from January.
Contracts awarded include multi-year asset management services agreement, extension to existing pipelines operations and maintenance agreement, among others.
The Company added contracts are likely to generate up to AU$25 million in revenues over coming years.
It expects work-in-hand to continue growing over the near-term.
The stock is down 50% this year, as of the last close.
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29th Jun 11:56 AM AEST
Gold Road Resources (ASX:GOR) falls after quarterly forecast disappoints
Shares of Gold Road Resources Limited (ASX:GOR) fell as much as 8.8% to AU$1.295, posting their biggest intraday percentage loss since 2 March 2021.
The gold explorer has forecasted lower-than-expected gold production for the June quarter at its Gruyere gold mine to be about 52,000 to 55,000 ounces due to disruptions.
The Company stated it expects all-in sustaining cost per ounce for June quarter to be in the range of AU$1,675 to AU$1,800.
GOR said that disruptions at its Gruyere gold mine operations included a torn mill feed conveyor belt which resulted in temporary repairs and reduced processing rates.
The stock is leading losses for ASX 200; has hit lowest since 6 May.
The stock is down 7.2% this year, as of the last close and was trading 2.092% lower at AU$1.287 per share at 11:40 AM AEST.
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29th Jun 11:39 AM AEST
Iron ore jumps on the decline of Chinese port stocks
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Iron Ore prices rose on Monday due to a decline in portside stocks in the leading iron ore consumer country of the world – China.
- Iron Ore Fine China Import 63.5 percent grade traded at US$220.5 per tonne on COMEX as of 28 June 2021. The benchmark 62% Fe fines imported into Northern China traded at US$218.62 per tonne, 0.9% up from Friday’s close.
- Imported iron ore stockpiles at the Chinese ports tumbled for the fourth straight week by 123.95 million tonnes as of Friday, the lowest since October 2020.
- However, preliminary sales data from the leading exporter, Australia suggested that iron ore export to China has increased by 20% in May despite the country's efforts to reduce dependency on Australia's exports.
- Earlier in the month, the prices of iron ore tumbled after China's top economic planning agency investigated the malicious speculation in the iron ore market.
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29th Jun 11:30 AM AEST
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29th Jun 11:24 AM AEST
Advanced Human Imaging (ASX:AHI) rises on deal to integrate its tech in Bizbaz app
Body scanning app maker Advanced Human Imaging Limited (ASX:AHI) gained as much as 5.3% to AU$1.285 on Tuesday.
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The Company informed that it has signed a term sheet with Singapore-based Bizbaz Pte to integrate the AHI's 'CompleteScan' technology into the Bizbaz application.
AHI's 'CompleteScan' technology is used to recognise individual's health, well-being, and chronic disease risk.
Under the terms, Bizbaz will target 100,000 active users on the Bizbaz platform within the first 12 months.
The stock has posted its biggest intraday percentage gain since 18 June 2021.
AHI is on track to post a second consecutive session of gains; up nearly 1% this year, as of the last close.
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29th Jun 11:16 AM AEST
Castillo Copper (ASX:CCZ) shares surge on positive results from Big One Deposit
Castillo Copper Limited (ASX:CCZ), the copper focused miner has reported encouraging preliminary results from the drilling at its’ Big One Deposit on Tuesday.
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The Company stated that compared to the drill holes from the 2020 campaign, CCZ undertook a deeper drilling this time. As a result, it intersected mineralisations within and external to the trachyte dyke. It is a significant discovery, as it supports interpretations from the recent IP survey. The IP survey states that copper mineralisation is controlled by major structural trends rather than constrained purely within the trachyte dyke. In addition, fresh interpretations from the preliminary observations verify that known mineralisation has been extended. Further insights will become apparent once assays under fast-track request are returned from the lab.
With 23 drill holes completed by CCZ, considerable exploration potential remains over the balance of the campaign at Big One Deposit. However, it has so far effectively demonstrated that leveraging IP survey findings helps target better the underlying mineralisation.
Preliminary findings from DHEM surveys undertaken by CCZ and eight drill-holes from the 2020 campaign suggest the density of copper mineralisation intersected is potentially higher than initially envisaged. It is subject to a full analysis by the geophysics team.
CCZ shares traded 5.555% up, at AU$0.038 at 11:00 AM AEST.
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29th Jun 10:47 AM AEST
Marvel Gold (ASX:MVL) gets numerous drill-ready targets at Tabakorole project, shares jump
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Australian resources Company Marvel Gold Limited (ASX:MVL) announced results from multi-element, soil geochemistry and ground magnetics programmes at the Tabakorole Gold Project, located in southern Mali. The Project is held under two separate joint ventures, the Oklo JV (ASX:OKU) and the Altus Strategies plc JV.
The Mali-focused gold explorer shared there are several compelling drill targets on Tabakorole’s broader landholding. Many targets exhibit a similar geochemical signature to the Tabakorole deposit. Along with gold, the mineralisation at Tabakorole has exhibited anomalism for arsenic, tungsten and Tellurium. In addition to the 2020-21 field season, the Company has collected 4,267 soil samples and 5,300 line kms of high resolution ground magnetics as part of ongoing regional exploration program at Tabakorole.
MVL already has a large and growing resource at Tabakorole; it expects to exceed 1 million ounces when upgraded with this season’s drilling. These soil results reinforce prospectivity, delineating numerous targets with strong coincident multi-element anomalism across the MVL’s landholding. Together with high-resolution ground magnetics, MVL now has excellent datasets to target discoveries.
MVL shares traded 8.163% higher at AU$0.053 at 10:40 AM AEST.
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29th Jun 10:43 AM AEST
Crude oil prices tumbles after hitting 3-year highs
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Crude oil prices tumbled nearly 2% on Monday after hitting 3-year highs due to a spike in COVID-19 cases in Europe and Asia, ahead of OPEC’s meeting.
- September delivery crude oil futures traded 0.04% up at US$74.09 per barrel whereas August delivery WTI crude oil futures traded 0.10% down at US$72.84 per barrel as of 29 June 2021 at 10:15 AM AEST.
- Indonesia reported a high number of coronavirus cases. Malaysia decided to extend a lockdown and Thailand put new COVID-19 restrictions.
- Australia also reported a record number of cases on Sunday, leading to lockdowns in several cities.
- In addition, the forthcoming OPEC+ meeting also influenced crude oil prices on Monday. The OPEC+ meeting is set to meet on Thursday to decide the crude oil output from August onwards as economies recover from the pandemic.
- Iran and the US meanwhile were anticipated to restart the indirect talks on the revival of the 2015 nuclear deal, which is expected to further add 1Mbpd supply into the market.
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29th Jun 10:42 AM AEST
Journal Genes publishes BARD1’s (ASX:BD1) Ovarian Cancer test results, shares surge on the ASX
Australia’s leading diagnostics Company BARD1 Life Sciences Limited (ASX:BD1) today announced that previously reported study results for a potential BARD1 autoantibody test for early detection of ovarian cancer were published on 25 June 2021 in the international peer reviewed journal Genes.
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The study data published in Genes were previously shared by the Company as positive results from its OC-CA125 and OC-R001 studies in ovarian cancer. These studies were done at the University of Geneva.
The BARD1-Ovarian cancer test is a blood test in development for early detection of ovarian cancer in high-risk women.
The Company is exploring several approaches for developing an accurate and reliable blood test for earlier detection of ovarian cancer utilising its proprietary BARD1 autoantibody (AAb) and SubB2M technologies.
The Company is also developing a SubB2M-based approach that detects a pan-cancer marker called Neu5Gc.
The Company also plans to undertake further studies to expand indications for use of a SubB2M-based ELISA to a screening test for early detection of ovarian cancer in asymptomatic women. ELISA is a widely used commercial platform in pathology laboratories worldwide.
Meanwhile, the stock BD1, triggered by the news, was trading 4.102% higher at AU$2.030 per share at 10:30 AM AEST.
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29th Jun 10:19 AM AEST
Brookside Energy’s (ASX:BRK), Jewell DSU sees participation from US oil majors
Brookside Energy Limited (ASX:BRK), the Perth based oil and gas company, shared that US major Exxon Mobil Corporation has confirmed its participation as a non-operated Working Interest partner in the Jewell DSU.
The Jewell Drilling Spacing Unit (Jewell DSU) is situated in Brookside’s SWISH Area of Interest (AOI), in the Anadarko Basin.
As per the Company release, ExxonMobil, through its subsidiary XTO Energy Inc., will be taking up 4.5% Working Interest in Jewell DSU. Also, US-based Citation Oil and Gas Corporation will be taking 2.3% of the Working Interest. A further 5.7% has been obtained by a combination of private equity and smaller private oil and gas firms.
Also, the Company confirmed that Brookside is likely to retain around 87% of the Working Interest in the Jewell DSU, with the firm’s subsidiary Black Mesa as the operator.
BRK shares traded 13.043% higher at AU$0.026 per share at 10:30 AM AEST.
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29th Jun 10:16 AM AEST
Strike Resources Limited (ASX:SRK) selects contractors, access agreements for Paulsens East
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ASX-listed resource Company Strike Resources Limited (ASX:SRK) has provided updates in relation to its Paulsens East Iron Ore Mine on 29 June 2021.
The Company is developing the 1.5Mtpa Paulsens East Iron Ore Project in Western Australia.
Contractor Selection:
After an extensive process of evaluation of submissions from multiple parties, Strike has entered into Early Contractor Involvement (ECI) Services Agreements with the preferred contractors to provide drill and blast, mining, crushing and screening services and civil works for Paulsens East.
Dynamic Drill and Blast (ASX:DDB) has been selected for the provision of drill and blast services.
Lucas Total Contract Solutions has been selected for the provision of mining, crushing and screening services. In addition, Lucas will be undertaking the civil works required for Paulsens East, establishment of the Mining Operations Centre and siteworks for the mining village.
Strike is currently working with both parties to finalise the detailed scope of services, schedules and formal contractual terms of engagement.
SRK shares traded last at AU$0.235 per share.
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29th Jun 10:07 AM AEST
Duketon Mining (ASX:DKM) meets massive, stronger sulphides at Rosie Project
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Duketon Mining Ltd (ASX:DKM) has reported that it has completed drilling six drill holes at the Rosie Nickel Project. The project is progressing well, and mineralisations have been intersected at all drill holes. In addition, DKM said that massive, stronger and blebby sulphides over a 6m interval were discovered in its most recent drilling.
DKM also stated that three drill holes within the Oxide zone, which were drilled for PGE recovery/metallurgical testwork, were complete. All were intersected and weathered for iron-rich oxidised mineralisation. These holes have been cut and sampled by DMK and sent to the laboratory for PGE analysis before recovery testwork.
The upper north & southeastern area at Rosie Projects have been identified by DMK as having potential upside, either impacting early cash flow or extending mine.
The last traded share price of the stock was AU$0.320 per share.
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29th Jun 09:27 AM AEST
PKS Holdings (ASX:PKS) reports renewal of key contracts, grabs new ones too
Australian healthcare firm PKS Holdings Limited (ASX:PKS) shared on 29 June 2021 that it has successfully renewed key contracts as well as secured new clients in Australia and internationally as it moves ahead with its growth pipeline.
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Renewals:
Major contract renewals for PKS data products PICQ® and RISQTM include Healthscope, St Vincent’s Private, Uniting Care, St John of God, and Cabrini, as well as state health departments of NSW, Victoria, South Australia, Northern Territory and Tasmania and a number of major health services in Queensland.
Renewals for RippleDown®, the PKS decision support platform, include Australian Clinical Laboratories, the Asian Pacific Healthcare Group and Lancet (South Africa).
New Contracts:
Key new contracts won over the second half of the financial year include new Ramsay hospitals (Joondalup, Hollywood Private, and Greenslopes) and in Queensland expansion of PICQ® and RISQTM across the Mater Group. Strong pipeline development moving into the next financial year includes a recent agreement with the Ministry of Health in Singapore to initiate a trial of PICQ® and RISQTM ahead of potential national rollout in all public and private hospitals in Singapore.
PKS has also launched its strategic incubator program in which it is developing partnerships with major public and private health systems in Australia to develop innovation in the automation of clinical record classification, data analytics and decision support outside pathology.
The shares of the Company last traded at AU$0.390 per share.
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29th Jun 08:29 AM AEST