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Mount Burgess Mining (ASX: MTB) Secures EIA Approval for Nxuu Drilling
October 28, 2024 05:26 PM AEDT| By Aditi SarkarHighlights,Mount Burgess has received EIA approval to conduct resource definition drilling at its polymetallic Nxuu Deposit in Western Ngamiland, Botswana.,The 2,600m drilling is needed for upgrading the mineral resource estimate and facilitating fut...
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ASX Gains on MinRes and WiseTech Rebound Amid Sector-Wide Shifts
October 28, 2024 05:23 PM AEDT| By Team Kalkine MediaHighlights,ASX lifted by technology and mining sectors as Mineral Resources and WiseTech see gains.,Anticipation builds for Reserve Bank's inflation report and potential rate decisions.,Mining stocks see uptick with rising demand, while energy stocks...
China’s New Economic Stimulus Boosts Dalian Iron Ore Prices
October 28, 2024 04:26 PM AEDT| By Team Kalkine MediaHighlights,Dalian iron ore futures rise amid fresh China stimulus.,Central bank introduces new tool to inject liquidity.,Benchmark iron ore prices surge on Singapore Exchange.,Dalian iron ore futures reached over a week high on Monday, fueled by a fr...
China’s New Lending Tool Aims to Boost Liquidity as Loan Expiries Loom
October 28, 2024 03:03 PM AEDT| By Team Kalkine MediaHighlights,China introduces a new lending tool to support liquidity.,The People’s Bank of China (PBOC) targets stability in the banking system.,$620 billion in loans set to mature by year-end.,China’s central bank, the People’s Bank of China (PBOC),...
Champion Iron’s (TSX:CIA) Fundamentals Shine Despite Recent Stock Decline
October 28, 2024 02:16 PM AEDT| By Team Kalkine MediaHighlights,Champion Iron’s fundamentals,remain,robust amid recent stock declines.,Return on Equity (ROE),indicates,strong,financial management,and growth potential.,Analysts project a steady payout ratio but,anticipate,a decrease in ROE.,Champion Iro...
Viking Mines (ASX:VKA) to Outline Resource Potential at IMARC 2024 in Sydney
October 28, 2024 01:53 PM AEDT| By Aditi SarkarHighlights,Viking Mines to outline its project developments at IMARC 2024 in Sydney.,The company is focused on conducting mineral resource assessments at its 100%-owned First Hit Gold Mine.,Viking is also advancing developments across the Canegrass B...
IMARC Conference: Tempest Minerals (ASX:TEM) Set to Discuss Promising Potential of Yalgoo Project
October 28, 2024 01:50 PM AEDT| By Aditi SarkarHighlights,Tempest Minerals Managing Director Don Smith will represent the company at the IMARC Conference.,Tempest recently announced high-grade iron assay results from drilling at the Remorse Target.,IMARC Conference is a premier mining event that...
Polynovo (ASX:PNV) expects significant revenue growth in direct markets
October 28, 2024 01:49 PM AEDT| By Team Kalkine MediaHighlight,In FY24, Polynovo's revenue increased by 57.5% YoY to AUD 104.76 million, driven by commercial product and BARDA sales.,The US market saw nearly 49% growth, with USD 1 million in product sales.,EBITDA turned positive at AUD 6.64 million in...
Australia’s Economic Outlook Amid Potential US Election Impact
October 28, 2024 01:44 PM AEDT| By Team Kalkine MediaHighlights,Australian Treasury and RBA prepare for economic shifts post-US election,Key concerns include tariffs, inflationary policies, and bond rate adjustments,Potential outcomes weigh heavily on Australia’s trade and economic stability,The Treasu...
Australasian Metals (ASX: A8G) Set to Present at IMARC 2024 Conference in Sydney
October 28, 2024 01:33 PM AEDT| By Aditi SarkarHighlights,Australasian Metals is participating in IMARC 2024, a premier mining event that brings together global leaders in mining, technology, finance, and innovation.,A8G Managing Director Dr. Qingtao Zeng will outline the company’s vision to beco...
Asian Battery Metals Discovers High-Grade Copper-Nickel Sulphides in Mongolia
October 28, 2024 12:46 PM AEDT| By Team Kalkine MediaHighlights,Asian Battery Metals' drilling success shows high-grade copper-nickel potential in Mongolia.,Hole OVD021 reveals 8.8 meters at 6.08% copper, 3.19% nickel.,Drilling to recommence soon, focusing on extension of high-grade zones.,Asian Batter...
Raiden Resources (ASX:RDN, DAX:YM4) Receives Final Approvals for Drilling at Mt Sholl
October 28, 2024 12:38 PM AEDT| By Sonal GoyalHighlights,Final regulatory approvals have been obtained to initiate drilling at the Mt Sholl Cu-Ni-PGE project.,A heritage report from the Ngarluma Aboriginal Corporation confirmed no cultural heritage areas will impact on the drilling plans.,The Pr...
Australian Stock Market Remains Steady as Tech Gains Offset Energy Decline
October 28, 2024 12:24 PM AEDT| By Team Kalkine MediaHighlights,Tech stocks lead gains, offsetting energy sector losses.,ANZ faces a $196 million charge linked to Suncorp acquisition.,Mixed performance seen across major sectors, including mining and financials.,Australian stocks held relatively steady...
ASX Steady Amid Mining and Tech Gains, Energy Sector Softens
October 28, 2024 12:11 PM AEDT| By Team Kalkine MediaHighlights,Tech and mining stocks lifted ASX on Monday despite energy sector weakness.,Iron ore price gains supported key miners like BHP, Rio Tinto, and Fortescue.,Energy stocks faced declines, tracking a dip in global oil prices.,Australian shares...
QX Resources (ASX:QXR) launches AU$1Mn placement for expansion
October 28, 2024 12:02 PM AEDT| By Sonal GoyalHighlights,QX Resources has received significant support from both new and existing shareholders to raise AU$1 million via a two-tranche placement.,In the first tranche, 170 million shares will be issued, while in the second tranche, 30 million share...
How Regal’s Strategy Sparked Controversy in South Korea
October 28, 2024 11:40 AM AEDT| By Team Kalkine MediaHighlights,Regal’s trading move in SK Hynix’s shares caused a stir in South Korea.,Large block of shares prepared for sale by Capital Group drew significant attention.,Global hedge funds quickly responded to the high-stakes trade.,In October 2019, a...
BPH Energy’s (ASX:BPH) Investee Cortical Dynamics Selected for AI Grant
October 25, 2024 03:56 PM AEDT| By Aditi SarkarHighlights,BPH’s investee company Cortical Dynamics has been selected for a grant as one of three innovative biomedical companies.,Cortical has added AI to intellectual property originally developed at Swinburne University.,Cortical will use data and...
China Holds Steady on Interest Rates Despite Previous Cuts
October 25, 2024 03:42 PM AEDT| By Team Kalkine MediaHighlights,People's Bank of China keeps policy rate unchanged this month.,Previous,rate cuts aimed at boosting economic activity.,Market focus,remains,on further potential stimulus moves.,China’s central bank has decided to keep its key policy rate s...
Oil Prices Rise Amid Middle East Tensions and Supply Uncertainty
October 25, 2024 03:41 PM AEDT| By Team Kalkine MediaHighlights,Oil prices edge higher as Middle East tensions,remain,the focus.,Concerns about global demand and supply glut impact market sentiment.,Geopolitical developments influence potential price movements.,Oil prices saw a slight increase after a...
Tech Surge Boosts ASX, While Gold Miner Newmont Faces Sharp Drop
October 25, 2024 03:39 PM AEDT| By Team Kalkine MediaHighlights,WiseTech,jumps 14%, boosting ASX.,Newmont plummets over 11% following rising cost concerns.,Strong performance,in technology and financials leads the market higher.,The Australian share market saw a mixed session, with the S&P/ASX 200 risi...
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