News
Stanmore Resources (ASX: SMR) anticipates coal production of 12.8 – 13.6Mt in FY24
March 26, 2024 02:42 PM AEDT| By Team Kalkine MediaHighlights,Stanmore Resources is an ASX-listed company with focus on exploration, development, and production of thermal coal,In FY23, SMR’s revenue jumped 4% to USD 2,807 million and net profit after tax decreased by 35% YoY to USD 472 million,Golde...
Lithium Universe (ASX: LU7) selects Bécancour Port for spodumene import to lithium carbonate refinery
March 26, 2024 11:00 AM AEDT| By Sonal GoyalHighlights,Bécancour Port has been determined as the preferred port for import of spodumene to the company’s Bécancour lithium refinery.,Bécancour Port, with connectivity to rail and road, manages more than 3,600,000 tons of cargo every year.,By leve...
Three key factors likely to drive Orora (ASX: ORA) earnings in FY24 and FY25
March 25, 2024 03:02 PM AEDT| By Team Kalkine MediaHighlights,Orora is an ASX-listed global packaging solutions company that offers services and products across New Zealand, Australia and North America,In 1HFY24, EBITDA of ORA increased by 9% YoY to AUD 268.9 million,Perpetual Ltd has highest stake i...
Ark Mines (ASX: AHK) to Conduct Stages 3 and 4 Drilling at Sandy Mitchell Rare Earths Project
March 22, 2024 05:06 PM AEDT| By ManishaHighlights,Ark Mines continues to advance ongoing work at its 100% owned Sandy Mitchell Project in North Queensland.,In December 2023, AHK concluded the second phase of its drilling program.,Mineralisation encountered in sand from surface to the meta...
Invictus Energy (ASX: IVZ) uncovers major gas-condensate discovery at Mukuyu in Zimbabwe
March 22, 2024 04:52 PM AEDT| By ManishaHighlights,Invictus has confirmed a significant discovery of rich gas-condensate at the Mukuyu prospect in Zimbabwe.,The condensate gas ratios are estimated at 10-25 bbl/MMscf of gas, with a likely API gravity of 50-60°.,Downhole fluid analysis sugge...
Raiden Resources (ASX: RDN, DAX: YM4) reports significant nickel anomaly at Mt Sholl
March 22, 2024 01:10 PM AEDT| By Sonal GoyalHighlights,A new significant nickel anomaly has been defined at the Mt Sholl project through infill soil sampling conducted by First Quantum Minerals.,The soil sampling campaign has validated and constrained a high-value nickel in soil trend.,The pea...
Raiden Resources (ASX: RDN, DAX: YM4) confirms high-value lithium targets at Mt Sholl Project
March 22, 2024 12:38 PM AEDT| By Sonal GoyalHighlights,Infill soil sampling campaign has validated previously discovered lithium anomalies on the Mt Sholl project.,Two high-value lithium targets have been identified, with a peak soil value of 188 ppm lithium, further constraining initial anoma...
Jindalee Lithium (ASX: JLL) marks significant advancement at McDermitt in 1HFY24
March 21, 2024 04:47 PM AEDT| By Sonal GoyalHighlights,Anticipated exploration target at McDermitt falls in the range of 300 – 700 million tonnes at 1,100 – 1,400 ppm lithium and surrounds and abuts the 2023 MRE.,The preliminary metallurgical results indicated that samples are averaged at 0.17...
Cooper Metals (ASX: CPM) commences copper-gold RC drilling at Brumby Ridge
March 21, 2024 12:30 PM AEDT| By Sonal GoyalHighlights,CPM has kickstarted reverse circulation (RC) drilling at Brumby Ridge.,Drilling is planned over seven holes covering ~1,400m to further test around 23MERC028 and on PDP line L10200N.,Drilling is expected to be completed in almost two weeks...
Australasian Metals (ASX: A8G) Strengthens Gold & Lithium Exploration Portfolio
March 20, 2024 07:48 PM AEDT| By ManishaHighlights,Australasian Metals is strengthening its position in the global space through persistent efforts for gold and lithium exploration at its tenements.,The company reported encountering multiple pegmatite dikes in drill holes MPDD002 and MPDD0...
11 ASX Stocks Offering Excellent Value Currently
March 20, 2024 06:11 PM AEDT| By Team Kalkine MediaThe Australian stock market has surged to record highs, reflecting a robust six-month rally. Despite the overall market being fairly valued as of March 18, discerning investors can still uncover bargains. Investing success hinges on identifying stell...
Altech (ASX: ATC, FRA: A3Y) reports encouraging DFS results for 120 MWh CERENERGY® battery project
March 20, 2024 03:56 PM AEDT| By Sonal GoyalHighlights,With a capital cost of €156 million, the project is expected to deliver NPV of €169 million with an IRR of 19%.,The anticipated EBITDA from the project is €51 million.,Considering the expected growth in grid storage market, board and JV pa...
Clinuvel Pharmaceuticals (ASX: CUV) focuses on geographical expansion, advancement of clinical programs
March 20, 2024 02:53 PM AEDT| By Team Kalkine MediaHighlights,Clinuvel Pharmaceuticals is an ASX-listed global specialty pharmaceutical company,In 1HFY24, CUV’s revenue jumped 9.9% YoY to AUD 32.26 million,Wolgen (Philippe Jacques) has maximum stake in the company with a shareholding of nearly 6.83%,...
Regal Partners’ (ASX: RPL) FUM more than doubles in FY23, normalised NPAT jumps 32%
March 19, 2024 04:59 PM AEDT| By Team Kalkine MediaHighlights,Regal Partners offers range of investment management services to private investors, charitable groups, family offices, and institutions,In FY23, the company recorded 111% YoY rise in its funds under management to AUD 11.0 million,New Highl...
Surefire Resources’ (ASX: SRN) Western Australia based projects see significant progress in 1HFY24
March 19, 2024 03:56 PM AEDT| By Sonal GoyalHighlights,Pre-feasibility study (PFS) of Victory Bore reported pre-tax NPV of US$1,110 million at a 10% discount rate.,The mineral resource estimate of Victory Bore was upgraded considering a lower cut-off grade (V,2,O,5,) of 0.15%, earlier it was 0...
Radiopharm Theranostics (ASX: RAD) to present at NWR Virtual Healthcare Conference
March 19, 2024 11:49 AM AEDT| By Sonal GoyalHighlights,RAD would present at the NWR Virtual Healthcare Conference.,Vittorio Puppo, chief operating officer of RAD would deliver the presentation.,Radiopharm Theranostics Limited (,ASX: RAD,) informed that it will present at the NWR Virtual Health...
Integral Diagnostics (ASX: IDX) expects to improve operating margin in 2HFY24
March 18, 2024 07:01 PM AEDT| By Team Kalkine MediaHighlights,Integral Diagnostics offers medical imaging services across New Zealand and Australia,In 1HFY24, the company reported 7.2% YoY increase in its total revenue to AUD 231.3 million,Yarra Funds Management has maximum stake in IDX with a shareh...
Encouraging metallurgical result, ‘a solid step up’ for Surefire Resources’ (ASX: SRN) Yidby Gold Project
March 18, 2024 03:59 PM AEDT| By Sonal GoyalHighlights,The column test work at the Yidby Project achieved 66.3% gold recovery on a coarse crush size of 100% passing 6.3mm.,Gold content increased by 68% over the previous drill assay results at the project.,The results indicate that previous gol...
Viking Mines (ASX: VKA) Identifies Viable Pits at Canegrass After Positive Pit Optimisation Study
March 18, 2024 03:42 PM AEDT| By ManishaViking Mines has received the results from the Pit Optimisation Study for the Canegrass Battery Minerals Project, Western Australia.,MEC mining completed the POS on the Canegrass following a thorough industry standard process.,As per POS result...
Surefire Resources (ASX: SRN) highlights payment commitment to Mutual Holdings
March 18, 2024 12:57 PM AEDT| By Sonal GoyalHighlights,A payment obligation to Mutual Holdings had triggered as SRN reported increase in mineral resource at Victory Bore tenement twice.,After adjusting previous cash payment and offset credit, SRN owes a balance of AU$11.28 million.,Mutual Hold...
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