News

BHP, FMG, RIO: Why these iron ore stocks are under pressure today?

June 20, 2022 04:46 PM AEST| By Sukriti Nair

Highlights Australian shares extended losses in afternoon trade weighed down by energy and materials stocks ASX200 Materials sector index is down over 4% today (20 June) Blue chip mining stocks like BHP, RIO, FMG, S32 and NCM witnesses huge lo.....

X2M Connect (ASX:X2M) wins major tenders in China and South Korea

June 20, 2022 04:07 PM AEST| By Aditi Sarkar

X2M Connect Limited (ASX:X2M), an Internet of Things (IoT) technology company, is all set to strengthen its footprint in Asia. On a significant note, the company has secured a tender each in China and South Korea. The upbeat market update triggere.....

A bird’s eye view of Empire Resources’ (ASX:ERL) projects

June 20, 2022 03:59 PM AEST| By Team Kalkine Media

Highlights Empire Resources considers the results to date across various prospects at its Yuinmery Project to be highly encouraging. ERL remains optimistic about the potential of the Nanadie Project as there has been no historical drillin.....

X2M Connect (ASX:X2M) registers solid growth prospects with latest deals

June 20, 2022 03:15 PM AEST| By Mohammad Zaid

Australia-based Internet of Things (IoT) tech company X2M Connect Ltd (ASX:X2M) continues to strengthen its reputation in the industry as a leading technology provider. The company’s patented proprietary Internet of Things (IoT) solution deli.....

Is Austal (ASX:ASB) ready to diversify its long-term revenue base?

June 20, 2022 03:05 PM AEST| By Sonal Goyal

Highlights Austal has been bestowed with multiple projects worth AU$300 million The company declared Andrew Forrest, a mining billionaire has become its biggest shareholder These contracts demonstrate the company’s capability to take on .....

First Au (ASX:FAU) shareholders approve Talga Project JVFI agreement

June 20, 2022 02:57 PM AEST| By Arpit Verma

Australia-focused gold and base metal exploration company First Au Limited (ASX: FAU, OTCQB: FRSAF) has shared an update on the Talga Project Joint Venture and Farm-In (JVFI) Agreement with Octava Minerals Limited (earlier known as 8Au Pt.....

Why is AEMO suspending some solar and wind projects?

June 20, 2022 02:35 PM AEST| By Akanksha Vashisht

Highlights Some of the developers of solar and wind projects could face a tough time ahead as the AEMO suspends all commissioning activities and approvals until further notice. The lack of electricity supply has forced the market regulator to p.....

Why is Transurban (ASX:TCL) share price on rise today?

June 20, 2022 01:10 PM AEST| By Sonal Goyal

Highlights ASX Infrastructure stocks are under close watch in this volatile environment Transurban announced a dividend increasing its final distribution by more than 20% The shares of the company surged by over 2% today in early trade El.....

LimeWire set to roll out NFTs and LMWR crypto: What you should know

June 20, 2022 01:07 PM AEST| By Ankit Sethi

Highlights LimeWire is touting the launch of its NFT marketplace and its native LMWR crypto token. Enthusiasts are being invited to a waitlist for 10,000 LimeWire Originals NFTs to be airdropped. Madonna launched NFTs last month, but they coul.....

Vertex Minerals (ASX:VTX) makes a strong case for sustainable gold mining opportunity

June 20, 2022 12:29 PM AEST| By Mohammad Zaid

Highlights Modern-day consumers and investors are becoming increasingly conscious of the sustainability practices of mining companies. Vertex Minerals’ (ASX:VTX) Hill End and Hargreaves Gold Projects provide exposure to an Australian gold.....

Cynata (ASX:CYP) unveils promising results in pre-clinical study of lung disease

June 20, 2022 12:08 PM AEST| By Manisha

Highlights Cynata Therapeutics Limited (ASX:CYP) has completed a pre-clinical study in an animal model of idiopathic pulmonary fibrosis (IPF) The pre-clinical study supports the high potency of Cynata’s proprietary CymerusTM MSCs The stu.....

ASX 200 edges higher; financials recover, energy, utilities down

June 20, 2022 11:49 AM AEST| By Priyabrata Prusty

Highlights The Australian shares witnessed seesaw trading in the opening hour without any clear cut direction Losses in energy and resources sector were offset by gains in IT, financial, consumer discretionary, and health care sector On Friday.....

Render crypto appreciates 30%: Why is RNDR token rising?

June 20, 2022 11:19 AM AEST| By Ankit Sethi

Blockchain is being touted as the technology that might soon shape many aspects of life. Bitcoin (BTC) is a product of the same tech. In the crypto world, different projects are using the blockchain in their own unique ways. Mining finds a key pla.....

GUD, SQ2, HUB: Three worst performers on ASX 200 last week

June 20, 2022 08:35 AM AEST| By Ashish

rs. The Australian share market witnessed a significant decline last week. The benchmark ASX 200 index has recorded its worst week in the last two years. The benchmark index gave away 6.6% of its value to end at 6,474.8 points last Friday. The...

ASX 200 to fall at open; oil, iron ore prices sink

June 20, 2022 07:53 AM AEST| By Ashish

4%. The Australian share market is expected to start the week on a muted note following mixed closing on Wall Street last Friday. The domestic market is likely to extend losses from its biggest weekly drop since March 2020 on Friday as investo...

Here’s how Australia plans to achieve net zero emissions by 2050

June 19, 2022 12:13 AM AEST| By Aditi Sarkar

Climate change refers to long-term changes in temperature and weather patterns. According to the World Health Organization (WHO), it is the greatest threat to global health in the 21st century. Rising sea levels, melting glaciers, heat waves, storm.....

How can house price fall impact new property investors?

June 19, 2022 12:10 AM AEST| By Akanksha Vashisht

Volatility has returned in the Australian property market as rising interest rates take a toll on mortgage holders. The Reserve Bank of Australia (RBA) has raised the interest rates for the second consecutive month, taking the official cash rate to.....