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News
Platina Seeking to Build Portfolio in WA Goldfields, Submits Application for Mt Narryer Project
July 23, 2020 08:13 PM AEST| By Team Kalkine MediaSummary Platina has filed an exploration licence application E 09/2423 covering 165km2, located within the Yilgarn Craton, home to many successful mining operations. The exploration licence at Mt Narryer South lies 300km north-west of the recen.....
SUDA Seeking Participation in $3.56M Capital Raising, Eyeing development of Anagrelide and OroMist Assets
July 23, 2020 08:10 PM AEST| By Team Kalkine MediaSUDA Pharmaceuticals Limited (ASX:SUD), the global leader in reformulating and delivering medication via the oral mucosa is seeking shareholders’ support to participate in the capital raising activity announced in early July 2020. On 3rd Jul.....
Trump Goes COVID-19 Vaccine Shopping, Pumps ~US$2 Billion in Pfizer/BioNTech candidate
July 23, 2020 05:55 PM AEST| By Team Kalkine MediaSummary Trump Administration secures 100 million doses of Pfizer and BioNTech’s vaccine for US$1.95 billion to meet the Operation Warp Speed (OWS) program’s goal of delivering 300 million doses of COVID-19 vaccine in 2021. In May 20.....
BPH Announces Capital Raising to Support Developments at Advent’s PEP 11 Permit, Stock Soars 23.5%
July 23, 2020 04:22 PM AEST| By Team Kalkine MediaAustralia’s diversified player, BPH Energy Limited (ASX:BPH) has concluded a Placement activity and plans to undertake a non-renounceable Rights Issue following the issue of shares under the Placement. Following the key update, BPH’s s.....
Things That Made Investors Pounce on Jio
July 23, 2020 03:40 PM AEST| By Team Kalkine MediaSummary Reliance Industries’ Chairman Mukesh Ambani has seen his net worth soar higher in the recent months, becoming the world’s fifth richest man. Reliance Industries has been aggressively divesting stakes in its digital business, .....
Cyber Espionage Campaign: Strings that tie China, Australia and the US
July 23, 2020 03:19 PM AEST| By Team Kalkine MediaSummary US Justice Department announced indictment alleging two Chinese hackers behind Australia’s cyber- attack. The hackers are alleged to be contractors for the Chinese government, rather than full-fledged spies. Cyber-security attack.....
Aussie Dollar Under Bull Run- What Are Chartists Looking At?
July 23, 2020 02:44 PM AEST| By Team Kalkine MediaSummary After a brief period of moving in a downtrend, the home currency has reversed direction with the price now moving and confirming a trend reversal. The developing price pattern on charts and technical indicators are reflecting that there.....
Market Update: Understanding the Performance of Markets on 22nd July 2020
July 22, 2020 09:01 PM AEST| By Team Kalkine MediaOn 22nd July 2020, the equity market of Australia ended in red, and S&P/ASX200 settled at 6075.1 with a fall of 81.2 points. Most of the sectors on ASX ended in red such as S&P/ASX 200 Consumer Staples (Sector), which moved down by 146.8 poin...
June Retail Sales – 3 Key Trends
July 22, 2020 08:01 PM AEST| By Team Kalkine MediaSummary June retail sales growth was lower compared to a significant rise in the previous month, but the sales turnover was up over 8% compared to the same period last year. There have been two consecutive month sales growth in categories like .....
Iron Ore Price Rally Tail Winds Aid BHP Group Post Strong Performance in FY20
July 22, 2020 07:50 PM AEST| By Team Kalkine MediaSummary The Iron ore rally has supported the share price of many ASX-listed iron ore mining companies. The high prices have prompted many miners to focus on the production scenario to lock in a high price, Fortescue Metals Group Limited (ASX:FM.....
Cobalt Blue’s BHCP Update Highlights Increased Ore Reserve, Longer Operating Life and Lower Costs
July 22, 2020 05:32 PM AEST| By Team Kalkine MediaSummary Broken Hill Cobalt Project Update 2020 Study by Cobalt Blue has delivered significant project enhancements since the 2018 prefeasibility study. Mineral reserves improved by 55% to 71.8 million tonnes at 710 ppm cobalt. Front-end mining.....
REFFIND Receives Commitments for ~$880,000, Proceeds to Aid Product Development and Accelerate Sales Growth
July 22, 2020 03:31 PM AEST| By Team Kalkine MediaSummary REFFIND has received funding commitments from sophisticated investors for around $880,000. Proceeds from the capital raising program are planned to be directed towards funding product development as well as accelerating sales growth. R.....
Virtual Tours: Bright Spot for Tourism Industry
July 22, 2020 02:21 PM AEST| By Team Kalkine MediaSummary Tourism boards in Australia are keeping travellers engaged by offering virtual tours. From adventure, nature, food or art lovers, there is an online trip for everyone. With strict lockdown, this seems to be an innovative idea to keep c.....
Low Oil Prices Take Toll; Oil Search Reports 30 per cent fall in Revenue While STO Declares Non-Cash Impairment
July 22, 2020 02:05 PM AEST| By Team Kalkine MediaSummary In April 2020, the oil market came under tremendous pressure with prices of West Texas Intermediate oil even slipping below zero previously across the international front. The decline in oil prices due to weak demand has further exerted.....
Can Negative Interest Rates help Economies?
July 22, 2020 01:41 PM AEST| By Team Kalkine MediaSummary Financial institutions are obliged to pay interest for storing the reserves, with the central bank under a negative interest rate policy. Policymakers in Denmark, Switzerland, Sweden, Japan and in the eurozone have allowed negative inte.....
Calls are Louder for Tax Reforms: Income and GST
July 22, 2020 01:14 PM AEST| By Team Kalkine MediaIf reforms are lacking in Australia, they are perhaps tax reforms. It has been over twenty years since a major tax reform in the country. In July 2020, the Goods & Services Tax (GST) completed twenty years, but policy thinktanks are demanding r.....
Platina Recognises New, Cost-Effective Extraction Technology Promising to Unlock Scandium Deals
July 22, 2020 12:30 PM AEST| By Team Kalkine MediaAustralia-based Platina Resources Limited (ASX: PGM), boasting a project portfolio focused on speciality, precious and base metals, is considering a new and promising extraction technology for scandium at its Platina Scandium Project located in...
Platina Finalising Plans for Field Activities at Challa Project, Skaergaard Deal Progressing Towards Completion
July 22, 2020 12:25 PM AEST| By Team Kalkine MediaAustralia-based Platina Resources Limited (ASX: PGM) released a corporate update on 20 July 2020, highlighting activities concerning Challa Gold Project in Western Australia, Skaergaard palladium and gold project in Greenland and Munni Munni Projec.....
China-AU: Demand for Australian Resources is Still High
July 22, 2020 01:29 AM AEST| By Team Kalkine MediaSummary The Australian mining and petroleum industry is a major contributor to Australian exports with China importing 62% of iron ore in 2019 from Australia. At present, China is recovering from the impacts of coronavirus pandemic and has inte.....
Step Forward: Oxford/AstraZeneca’s AZD1222 Shows Promising Results in Early Human Trials
July 21, 2020 09:58 PM AEST| By Team Kalkine MediaSummary Currently, more than 160 vaccines are under different stages of development (clinical and preclinical). With several ongoing studies around the world, people are eagerly waiting for some good news as the pandemic continues to wreak havo.....
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