Stocks
Myer (ASX:MYR) and Premier Investments (ASX:PMV) Merger Gains Strong Shareholder Approval
January 23, 2025 01:48 PM AEDT| By Team Kalkine MediaHighlights:,Myer (,ASX:MYR,) shareholders approved the merger with Premier Investments' (,ASX:PMV,) apparel brands with over 95% support.,Premier Investments (,ASX:PMV,) shareholders overwhelmingly backed the transaction with more than 99% approval.,...
Evolution Mining's Performance and Outlook Following Citi's Latest Update
January 23, 2025 01:47 PM AEDT| By Team Kalkine MediaHighlights:,Evolution Mining (,ASX:EVN,) experienced an 83% share price increase over the past 12 months, prompting an updated assessment from Citi.,Citi analysts adjusted the target price to $5.80 per share, highlighting operational performance and...
Wilsons Advisory Expands Healthcare Expertise with Key Appointments
January 23, 2025 01:24 PM AEDT| By Team Kalkine MediaHighlights:,Wilsons Advisory has appointed Dr Bryan Tan as head of healthcare in corporate finance and Rita Fung as a healthcare analyst.,Dr Tan brings extensive experience from Medical Developments International, AstraZeneca, and,GenesisCare,, with...
Santos Advances Darwin LNG Expansion Plans with Beetaloo Gas Development
January 23, 2025 01:22 PM AEDT| By Team Kalkine MediaHighlights:,Santos (,ASX:STO,) is exploring the expansion of Darwin LNG using gas from the,Beetaloo,Basin through a non-binding agreement with,Tamboran,Resources (,ASX:TBN,).,The development aligns with ongoing growth initiatives, including the Baros...
Gold Road Resources (ASX:GOR) Expands Mineral Resources with Updated Mine Shells
January 23, 2025 01:21 PM AEDT| By Team Kalkine MediaHighlights:,Gold Road Resources (,ASX:GOR,) increased its mineral resources by 6% to 4.81Moz.,Ore reserves rose by 5%, reaching 43Mt at 1.39 g/t for 1.92Moz.,Gruyere joint venture mineral resource grew 18% to 157Mt at 1.42 g/t for 7.14Moz.,Gold Road...
Fortescue (ASX:FMG) Achieves Record Shipments in H1 FY25 Amid Cost Reductions
January 23, 2025 01:19 PM AEDT| By Team Kalkine MediaHighlights:,Fortescue (,ASX:FMG,) reported record half-year shipments of 97.1 million tonnes for H1 FY25.,Hematite C1 costs declined by 10% to US$18.24 per wet metric tonne compared to Q1 FY25.,Iron Bridge concentrate revenue reached US$117 per dry m...
Capricorn Metals (ASX:CMM) Expands Pilbara Presence with Deadman Flat Acquisition
January 23, 2025 01:11 PM AEDT| By Team Kalkine MediaHighlights:,Capricorn Metals (,ASX:CMM,) to,acquire,Deadman Flat project from Peregrine Gold Ltd (ASX:PGD), expanding its Pilbara Craton footprint.,The project spans 270 square kilometres and is,located,near high-prospectivity zones for gold minerali...
Digico REIT Surges to New Highs Amid US$500B AI Infrastructure Plan
January 23, 2025 01:09 PM AEDT| By Team Kalkine MediaHighlights:,Digico,REIT (,ASX:DGT,) reaches an all-time high of $4.80 following news of a US$500 billion AI-focused data centre initiative in the U.S.,HMC Capital-backed,Digico's,market performance sees a 3% jump within the first 30 minutes of Thursd...
Significant Potential Unveiled: Critica Ltd (ASX:CRI) Reports 830% REE Upgrade at Jupiter Project
January 23, 2025 01:08 PM AEDT| By Team Kalkine MediaHighlights:,Critica,Ltd (,ASX:CRI,) has achieved an 830% upgrade in rare earth element (REE) mineralisation at the Jupiter project through metallurgical test work.,A simple flotation process resulted in a beneficiated product grading 13,310 parts per...
Hydrix Limited (ASX:HYD) Surges 200% Following Contract Extension with European Partner
January 23, 2025 01:07 PM AEDT| By Team Kalkine MediaHighlights:,Hydrix,Limited (,ASX:HYD,) secured a $2.8 million contract extension with Paul Hartmann, adding to cumulative revenue of $3.7 million.,The total contract value amounts to $6.5 million, with revenue realization expected by the end of Septe...
Netwealth (ASX:NWL) Sees Significant Share Growth as Record Inflows Exceed Expectations
January 23, 2025 12:25 PM AEDT| By Team Kalkine MediaHighlights:,Netwealth (,ASX:NWL,) reports record net inflows for the December quarter.,The company’s shares rose by 2.1%, continuing an impressive 75% growth over the past year.,Positive outlook for the,remainder,of FY25, supported by favorable condi...
Myer (ASX:MYR) Soars as Premier Investments (ASX:PMV) Sees Decline Amid Approval of Key Acquisition
January 23, 2025 12:23 PM AEDT| By Team Kalkine MediaHighlights,Myer (,ASX:MYR,) sees a 2.2% gain in morning trade.,Premier Investments (,ASX:PMV,) experiences a slight drop of 1%.,Shareholders of both companies will approve acquisition of Premier’s apparel brands.,Shares of two major retail companies,...
Hydrix Share Price Jumps 220% After Securing AU$2.8M Contract Extension with Paul Hartmann AG
January 23, 2025 12:22 PM AEDT| By Team Kalkine MediaHighlights:,Contract Extension Secured:,Hydrix Services, a wholly owned subsidiary, has entered into a AU$2.8 million contract extension with Paul Hartmann AG as part of a multi-stage product development program.,Revenue Recognition:,Hydrix expects t...
Lotus Resources Strengthens Leadership with Former Rio Tinto Executive Leanne Heywood
January 23, 2025 12:21 PM AEDT| By Team Kalkine MediaHighlights,Lotus Resources,appoints,Leanne Heywood to the board.,Heywood brings extensive experience from Rio Tinto.,The company is preparing for operations at the,Kayelekera,uranium project.,Lotus Resources (ASX:LOT) has made an important move in en...
Gold Road Resources Increases Mineral Resources and Ore Reserves in Western Australia
January 23, 2025 12:20 PM AEDT| By Team Kalkine MediaHighlights,Mineral Resource Growth:,Total mineral resources grew by 0.3 million ounces (6%) to 4.81 million ounces (Moz).,Attributable Ore Reserve Boost:,Ore reserves increased by 5%, now standing at 43 million tonnes (Mt) at 1.39 grams per tonne (g/...
Mining Stocks Struggle While Tech and Energy Stocks Show Positive Momentum in Australia
January 23, 2025 12:19 PM AEDT| By Team Kalkine MediaHighlights,Mining stocks face a decline due to weaker commodity prices,,impacting,the ASX.,Santos (,ASX:STO,) and other energy stocks report stronger-than-expected results.,Tech companies like Netwealth (,ASX:NWL,) and Myer (,ASX:MYR,) show promising...
InFocus Group shares jump 37% on Thursday. Here's why.
January 23, 2025 12:18 PM AEDT| By Team Kalkine MediaHighlights,Revenue Milestone:,AUD 500,000 cash receipts from GBO Assets’ digital gaming platform project, with the first phase of the contract (worth AUD 1.2 million) nearing completion.,Strategic Partnership:,Engagement of Ingenium Technologies, led...
Liberty Star Minerals Unveils Promising Gold Discovery at Red Rock Canyon
January 23, 2025 12:18 PM AEDT| By Team Kalkine MediaHighlights,Bonanza gold grades of up to 107.5 g/t confirmed at Red Rock Canyon.,GIS mapping uncovers multiple gold-bearing structures, extending mineralization.,High-grade zones to be prioritized in future drilling efforts for,additional,insights.,Li...
Praemium (ASX:PPS) Delivers Impressive Growth Amid Strong Net Inflows
January 23, 2025 12:17 PM AEDT| By Team Kalkine MediaKey Highlights,Praemium,(ASX:PPS) experiences a substantial 29% rise in funds under management.,Net inflows more than doubled, reaching $371 million in the latest quarter.,Praemium,anticipates continued outflows in the short term due to adviser exits...
RocketDNA Reports 21% Surge in Quarterly Revenue and Achieves Global Expansion Milestone, Shares React
January 23, 2025 12:14 PM AEDT| By Team Kalkine MediaHighlights,Record Revenue Growth:,Quarterly revenue surged 21% to $2.061 million in December 2024, marking the first time RocketDNA surpassed the $2 million milestone. Full-year revenue rose 18% to $7.241 million (unaudited).,Global Expansion:,The fi...
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