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News
Grocery Retailers Authorised By ACCC To Continue Cooperating On COVID-19 Response
September 03, 2020 12:26 PM AEST| By Team Kalkine MediaACCC has announced that Supermarket operators shall be allowed to keep on cooperating to confirm supply of food and groceries in response to the COVID-19 pandemic. Grocery Retailers such as Coles, Woolworths, Metcash, Aldi and similar retailers&rsqu...
Wisr Announces Launch Of Second Major Competitive Product Into Market
September 03, 2020 12:18 PM AEST| By Team Kalkine MediaAfter a successful pilot program in FY2020, Wisr Limited (ASX:WZR) has launched its second major competitive product into market, secured vehicle finance. The launch of the new product would allow the company to enter into the A$33 billion-dollar co...
Bubs Australia Raises A$28.3 million to Support Global Growth Initiatives
September 03, 2020 12:16 PM AEST| By Team Kalkine MediaASX-listed leading producer of goat dairy products, Bubs Australia Limited (ASX:BUB) announced the successful completion of its share placement. With this placement the Company raised A$28.3 million (before costs) at per-share price of A$0.80. Proce...
ASX-Listed Small-Cap Tech Player BrainChip’s share price zooms ~53%: What drove the surge?
September 02, 2020 11:20 PM AEST| By Team Kalkine MediaSummary Technology company BrainChip’s share price skyrocketed today following an announcement regarding a collaboration between BrainChip and VORAGO Technologies; stock ended ~53% higher. BrainChip and VORAGO have come together to suppor.....
Market Update: S&P/ASX200 Gained 2.2% in Previous One Month: What You Should Know?
September 02, 2020 11:11 PM AEST| By Team Kalkine MediaOn 2nd September 2020, the equity market of Australia closed in green, and the benchmark index S&P/ASX200 rose by 109.8 points to 6063.2. The index has gained 2.2% in the span of one month. S&P/ASX 200 Consumer Staples (Sector) experienced a...
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All you need to know about JobKeeper Payment scheme
September 02, 2020 09:13 PM AEST| By Team Kalkine MediaAfter the devastating effect that coronavirus had on world economies, governments around the globe needed to find a solution to keep people in jobs. Australians have been luckier than most nations, as the Morrison Government introduced two stimulus.....
Australian Gross Domestic Product Slides 7%, Recession Bells Ringing?
September 02, 2020 08:03 PM AEST| By Team Kalkine MediaAustralia suffered its worst economic downturn on record last quarter. Latest figures on National Income, Expenditure and Product were released by the ABS on 2 September 2020. The Bureau reports that Australia’s GDP fell 7.0 per cent in the J.....
Peru Copper Production Reaching Pre-Crisis Levels
September 02, 2020 08:02 PM AEST| By Team Kalkine MediaCopper Mining activities at Peru – the world’s second-largest producer, is reaching pre-crisis level – as reported by Reuters. The copper production across the country fell by 2.2 per cent in July 2020 against the previous corres...
U.S. Gulf of Mexico Oil & Gas Production Takes A Hit from Hurricane Laura
September 02, 2020 08:01 PM AEST| By Team Kalkine MediaThe United States Gulf of Mexico offshore oil output tumbled by 28.4 per cent of the region’s daily production, as per the U.S. Department of Interior. The regulator suggested that 71 of the U.S. Gulf of Mexico’s 643 manned platforms a...
Greenland Government Approval Received for Licences’ Transfer, Platina Resources Closer to Finalising Skaergaard Project Sale
September 02, 2020 07:14 PM AEST| By Team Kalkine MediaAustralia-based Platina Resources Limited (ASX: PGM) has announced a significant milestone concerning the sale of its wholly owned Skaergaard palladium and gold project, located on the east coast of Greenland. In June this year, the Company ha.....
Market Close Commentary; 2 September 2020
September 02, 2020 06:50 PM AEST| By Team Kalkine MediaAfter yesterday's gloomy trading session, today, the Australian share market ended in the green zone. The benchmark index S&P/ASX200 finished at 6063.2, up by 1.84 per cent as compared to yesterday's closing at 5953.4. On Tuesday, the benchmark...
Has the ASX 200 Healthcare Stock Mesoblast Touched a new 52-week high?
September 02, 2020 06:31 PM AEST| By Team Kalkine MediaSummary Australian regenerative medicine company Mesoblast’s share price hit a 52-week high on 27 August following outstanding FY2020 results with revenue up 92%. Mesoblast, on 2 September, received ethics approval to include Australian h.....
Eclipse Plans Ground Magnetometer Survey at Amamoor Manganese Project Ahead of Drilling Campaign in September
September 02, 2020 06:25 PM AEST| By Team Kalkine MediaSummary Eclipse Metals to conduct a detailed ground magnetometer survey for effective siting of drill holes, prior to the commencement of second phase of drilling at Amamoor Manganese Project in Queensland. Drilling to extend manganese minerali.....
Silver Back in Action!! Charts Reflecting on Bullish Sentiments
September 02, 2020 03:24 PM AEST| By Team Kalkine MediaSilver prices have been emerging as the darling commodity with returns even outperforming gold on a six-month basis. The investing community on the global front is now eyeing silver over the emerging supply disruptions and robust demand for the wh.....
Great Southern Mining Makes Management Team Appointments to Maximise Company’s Potential
September 02, 2020 02:04 PM AEST| By Team Kalkine MediaGreat Southern Mining Limited (ASX:GSN) has appointed Mr Sean Gregory as the Chief Executive Officer (CEO) of GSN with immediate effect. Mr Gregory is a resource industry expert with experience of more than 20 years in developing projects and support...
Platina Gets Closer to Finalising Skaergaard Sale, Stock Up By 15.9%
September 02, 2020 01:32 PM AEST| By Team Kalkine MediaPlatina Resources Limited (ASX: PGM) is getting closer to concluding the sale of its Skaergaard Project, with the finalisation of a crucial step. The Greenland Government has approved the transfer of PGM’s Skaergaard Exploration Licen...
Scan Through BPH and its Investees’ Key Operational Achievements in FY 2020
September 02, 2020 01:30 PM AEST| By Team Kalkine MediaSummary BPH posted a Net Profit After Tax of ~$1.37 million for the financial year 2020. During the year, BPH completed a one for ten share consolidation and acquired a stake in PG Aust. Advent continued to focus on the development of PEP 11 p.....
IOOF Announces Completion of $734 million Capital Raising
September 02, 2020 01:09 PM AEST| By Team Kalkine MediaIOOF Holdings Ltd (ASX:IFL) declared successful completion of institutional component of the capital raising announced on 31 August 2020. Some of the details are as follows: The placement and the institutional part of 1 for 2.09 entitlement offer...
Nufarm Updates On FY2020 Non-Cash Asset Impairment & Preliminary, Unaudited Earnings Estimate
September 02, 2020 01:08 PM AEST| By Team Kalkine MediaNufarm Limited (ASX:NUF) expects to recognise non-cash, impairment charges related to its European assets of ~ A215 million in financial statements for the year ended 31 July 2020. However, it would happen after the review of the carrying value of it...
Cardinal Advises Shareholder To Take No Action On Revised Nordgold Takeover Bid
September 02, 2020 01:08 PM AEST| By Team Kalkine MediaCardinal Resources Limited (ASX:CDV) refers to the first supplementary bidder’s statement from Nord Gold SE (Nordgold) related to its unconditional on‐market takeover bid for Cardinal. Cardinal notes that Nordgold have increased the Offer Pr.....
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