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AUD 185 million loan facility likely to give a thrust to Renascor Resources’ (ASX: RNU) graphite project
May 28, 2024 04:42 PM AEST| By Team Kalkine MediaHighlights,Renascor Resources is an ASX-listed diversified miner which identifies and develops graphite, gold, uranium and other mineral assets,In 1HFY24, RNU witnessed 214.80% YoY increase in its revenue to AUD 2.44 million,Keevers (Richard Edward)...
Carbonxt (ASX: CG1) lands $4.3M contract with largest US customer
May 28, 2024 10:49 AM AEST| By Team Kalkine MediaHighlights,Carbonxt secured a $4.3 million purchase order from its largest customer, boosting cash flow for the June quarter.,The funds will support the construction and commissioning of its new Kentucky production facility.,Carbonxt is in advanced n...
Lithium Universe (ASX: LU7) bolsters Bécancour Lithium Project with procurement strategy
May 28, 2024 04:44 AM AEST| By Aditi SarkarHighlights,LU7 plans to deploy “same equipment, same supplier” strategy for the Bécancour Lithium Project.,Employing proven equipment and dealing with same suppliers is aimed at fast-tracking engineering work.,The company is targeting lower lead time...
VRX Silica (ASX: VRX) closes entitlement offer to advance sand projects
May 27, 2024 03:21 PM AEST| By Sonal GoyalHighlights,VRX Silica has raised AU$617,332 in an entitlement offer.,The company received applications for over 6.7 million new shares together with 3.3 million free-attaching options.,Shares are priced at $0.055 apiece and options have an exercise p...
Mach7 Technologies (ASX: M7T) banks on renewal program, disciplined cost management to maintain positive cash flows in FY24
May 27, 2024 03:11 PM AEST| By Team Kalkine MediaHighlights,Mach7 Technologies develops innovative image management and viewing solutions for healthcare organisations,Cash receipts of M7T in 1HFY24 increased by 74.2% YoY to AUD 15.50 million,JM Financial Group Ltd. has highest stake in M7T with a s...
Tempest Minerals (ASX: TEM) Set to Expand Drilling at Remorse Copper Target
May 27, 2024 02:10 PM AEST| By Team Kalkine MediaHighlights,Preliminary approval for drilling at the central area of the Remorse Target has been obtained.,Expanded reverse circulation (RC) drill program of ~5000m is planned at the Remorse Target.,Approvals are in the final stages for the planned dr...
Australasian Metals (ASX: A8G) enters high purity quartz space with promising NT project
May 27, 2024 10:02 AM AEST| By Sonal GoyalHighlights,An option agreement with Verdant Minerals gives Australasian Metals access to the rapidly expanding high purity quartz (HPQ) sector.,A8G is acquiring 100% of the Dingo Hole HPQ Project.,Historical mapping and rock chip sampling campaigns r...
EarlyBirds empowering businesses to confront supply chain challenges
May 24, 2024 10:22 AM AEST| By Aditi SarkarHighlights,Earlybirds helps to identify and incorporate cutting-edge technologies such as advanced analytics, IoT, and blockchain for enhancing supply chain efficiency and responsiveness.,EarlyBirds facilitates strategic collaborations between busine...
Platina Resources (ASX: PGM) Explores for Gold, Nickel, and Lithium Anomalies in Beete Project
May 23, 2024 12:29 PM AEST| By Sonal GoyalHighlights,A maiden aircore drilling program has started at the Beete Project in Western Australia.,The objective is to examine the bedrock for gold, nickel, and lithium anomalies.,The campaign will cover approximately 200 holes, expected to take fou...
Black Canyon (ASX: BCA) eyes high-grade manganese at promising Wandanya target
May 23, 2024 10:58 AM AEST| By Sonal GoyalHighlights,Drilling is planned at the W2 prospect of the Wandanya project in the upcoming quarter, following the conclusion of a heritage survey.,Drilling program will follow up on previously completed sampling at Wandanya.,Price of 44% Mn benchmark...
Arcadium Lithium (ASX: LTM) targets USD 60 – 80mn of cost savings in FY24
May 22, 2024 02:35 PM AEST| By Team Kalkine MediaHighlights,Arcadium Lithium is a global lithium chemicals producer with capabilities across lithium extraction processes,In 1QFY24, LTM’s revenue grew by 3.04% YoY and net income fell by 82.7% YoY,Vanguard Investments Australia Ltd. has the highest s...
Major milestone: Chimeric Therapeutics (ASX: CHM) commences human study for CDH17 CAR T cell therapy
May 22, 2024 02:13 PM AEST| By Aditi SarkarHighlights,Chimeric has commenced the Phase 1/2 multi-centre clinical trial for its CHM CDH17 CAR T cell therapy (CHM 2101).,It is the first-in-human clinical study of CDH17 CAR T cell therapy for patients with advanced gastrointestinal (GI) cancers....
King River Resources (ASX: KRR) commences 2024 RC drilling in Tennant Creek
May 22, 2024 12:42 PM AEST| By Sonal GoyalHighlights,The 2024 reverse circulation (RC) drilling program in the Tennant Creek Region has started, targeting 61 holes across 13 prospects.,The first phase will focus on the Tennant Creek East group including the Langrenus, Commitment, and Provide...
Haranga Resources (ASX: HAR) shares soar on positive auger drilling results at Sanela
May 22, 2024 11:59 AM AEST| By Team Kalkine MediaHighlights,Out of 161 holes drilled and assayed at Sanela, 140 holes reported uranium anomalism.,29 of 91 new auger holes revealed significant uranium pXRF readings in saprolite samples, ranging from 14ppm to 81ppm uranium.,Sanela marks the initial f...
Haranga's (ASX: HAR) Saraya project meets industry standard benchmarks in uranium extraction
May 22, 2024 11:04 AM AEST| By Sonal GoyalHighlights,Further testwork at the Saraya Uranium Deposit confirmed leach rates at industry standard concentrations and conditions are consistent with existing uranium projects.,Uranium recoveries are consistent with industry standards for both acid...
Wagners Holding (ASX: WGN) expects operating EBIT of AUD 31-34mn in FY24
May 21, 2024 04:39 PM AEST| By Team Kalkine MediaHighlights,Wagners is a diversified construction material company that produces and distributes construction materials,In 1HFY24, WGN’s operating revenue jumped 20.4% to AUD 264.4 million,John Wagner has the maximum stake in WGN with a shareholding o...
Altech Batteries (ASX: ATC) raises AU$3.7M to drive battery projects
May 21, 2024 01:59 PM AEST| By Aditi SarkarHighlights,Altech Batteries received proceeds of AU$3,721,000 in a share purchase plan.,Funds will be directed towards the fabrication of two 60KWh CERENERGY® battery prototypes and commissioning of the Silumina Anodes,TM,pilot plant.,Focus is on sec...
BPH Energy (ASX: BPH) investee Advent Energy drives environmental strategy for Seablue-1 well at PEP 11
May 21, 2024 11:30 AM AEST| By Sonal GoyalHighlights,BPH's investee Advent Energy Limited, through Asset Energy Pty Ltd, has appointed Klarite Pty Ltd to manage the environmental aspects of the Seablue-1 exploration well.,The Federal Government Future Gas Strategy (FGS) emphasises the need f...
Telstra (ASX: TLS) targets total income of AUD 22.8-24.8bn in FY24
May 20, 2024 03:10 PM AEST| By Team Kalkine MediaHighlights,Telstra is an ASX-listed telecommunications provider which offers information and telecommunication services,In 1HFY24, total income of TLS jumped 1.2% YoY to AUD 11.7 billion and net profit after tax increased by 11.5% YoY to AUD 1 billio...
Viking Mines (ASX: VKA) hits milestone with vanadium pentoxide flake production at Canegrass, shares jump ~10%
May 20, 2024 01:52 PM AEST| By Aditi SarkarHighlights,The ongoing metallurgical program at Canegrass has achieved a key milestone.,Production of a vanadium pentoxide (V,2,O,5,) flake signals progress towards establishing a vanadium production flowsheet.,Stage 2 metallurgical testwork used sam...
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