Stocks
ASX Slows Gains Amid Trump’s Tariff Threats on Mexico and Canada
January 21, 2025 02:22 PM AEDT| By Team Kalkine MediaHighlights,ASX slows after a brief rally following Donald Trump’s tariff announcement.,Trump proposes 25% tariffs on Mexico and Canada by February 1.,China,remains,excluded from immediate tariff discussions.,The Australian Securities Exchange (ASX) f...
BHP (ASX:BHP) Reports Solid Growth in FY25 Q2 Production, Demonstrating Strong Performance
January 21, 2025 02:11 PM AEDT| By Team Kalkine MediaHighlights,BHP's (,ASX:BHP,) copper production saw a remarkable 17% year-over-year increase.,Iron ore operations delivered,a strong performance,with record shipments in Western Australia.,Focus on future-facing commodities continues with,significant...
Gold Prices Surge Amid Trade War Fears: Trump’s Tariff Announcements Loom Large
January 21, 2025 02:03 PM AEDT| By Team Kalkine MediaHighlights,Gold prices rise on the back of,possible tariffs,between the US and its neighbors.,Geopolitical concerns contribute to rising demand for gold as a safe-haven asset.,Gold continues to break records amidst loose monetary policy and political...
BHP (ASX:BHP) Beats Copper Estimates, Shares Rise Despite Mixed Q2
January 21, 2025 02:01 PM AEDT| By Team Kalkine MediaHighlights,BHP (,ASX:BHP,) experiences a 1.4% increase in share price following a strong Q2 copper production report.,Despite setbacks, including weather-related disruptions, operational performance exceeded expectations.,Falling copper and iron ore...
Agrimin (ASX:AMN) Takes a Giant Leap with Environmental Approval for Mackay Potash Project
January 21, 2025 01:57 PM AEDT| By Team Kalkine MediaHighlights,Agrimin,(,ASX:AMN,) achieves significant environmental milestone with Mackay Potash Project approval.,The project aims to produce the world’s lowest-cost sulphate of potash (SOP).,The Mackay Project targets the sustainable production of SO...
Liontown Resources (ASX:LTR) Achieves Major Production Milestone in December Quarter
January 21, 2025 01:26 PM AEDT| By Team Kalkine MediaHighlights,Production output triples in,December,quarter.,Total spodumene concentrate shipments surpass 116,000 dry metric,tonnes,.,Cost guidance for the second half of,2025,financial year,remains,stable.,Liontown Resources (ASX:LTR) has marked a maj...
Novonix CEO Chris Burns Stepping Down: Leadership Transition Underway
January 21, 2025 01:25 PM AEDT| By Team Kalkine MediaHighlights,Novonix,(ASX: NVX) CEO Chris Burns will step down this week.,CFO Robert Long to temporarily step in as interim CEO.,The company,initiates,the search for a new leader.,Novonix (ASX: NVX), a leading innovator in the battery materials sector,...
Major Setback for Origin Energy (ASX:ORG): Analysts Trim Ratings and Price Target
January 21, 2025 01:23 PM AEDT| By Team Kalkine MediaHighlights,Analysts downgrade Origin Energy (ASX:ORG) to "underweight".,Price target reduced to $10.65, signaling a near 5% drop.,Utilities,sector experiences decline as investors react.,On Tuesday, Origin Energy (ASX:ORG), one of the nation's larges...
Core Energy Minerals Acquires South Australian Uranium Projects
January 21, 2025 01:20 PM AEDT| By Team Kalkine MediaHighlights,Core Energy Minerals (ASX:CR3) secures the Cummins and Harris Greenstone uranium projects in South Australia.,The projects,are located in,a region with several established world-class uranium mines.,Initial low-impact exploration to,commen...
Northern Star (ASX:NST) Slides, De Grey Mining (ASX:DEG) Gains
January 21, 2025 01:19 PM AEDT| By Team Kalkine MediaHighlights,Northern Star Resources (,ASX:NST,) shares,fall,after reporting a quarterly performance below expectations.,A miss in production and higher costs contributed to the 0.2% drop in share price.,Rival company, De Grey Mining (,ASX:DEG,), sees...
Computershare (ASX:CPU) Faces Setback as Citi Downgrades Stock Rating
January 21, 2025 01:00 PM AEDT| By Team Kalkine MediaHighlights,Citi downgrades Computershare (,ASX:CPU,) from 'Buy' to 'Neutral.',Target price,raised,from $30 to $35, but further growth seems uncertain.,Recent,rally, coupled with acquisitions, might not guarantee significant future gains.,Shares in Co...
Strong Q2 Performance Boosts South32 (ASX:S32) Shares, Impressing Analysts
January 21, 2025 12:58 PM AEDT| By Team Kalkine MediaHighlights,South32 (,ASX:S,32) sees a notable increase in share value after solid Q2 production.,Analysts express optimism on the company's diversified metal exposure.,Company continues to see strength in aluminum and copper production.,South32 (ASX:...
BKI Faces Earnings Decline Amid High Expenses and Interest Rates
January 21, 2025 12:50 PM AEDT| By Team Kalkine MediaHighlights,Earnings for (,ASX:BKI,) decline year-on-year.,Operating profit remained stable despite challenges.,Dividend distributions see minimal change in an uncertain economic environment.,BKI Investment Trust (ASX:BKI) has announced a drop in earn...
Santos Defers $2B WA Oil Project, Impacting Partner Shares
January 21, 2025 12:47 PM AEDT| By Team Kalkine MediaHighlights,Santos (,ASX:STO,) postpones major investment in the Dorado oil project in WA.,Carnarvon Energy (,ASX:CVN,) shares,tumble,over 20% following the announcement.,Timeline,for Dorado construction approval in 2025 is now unattainable.,Santos Li...
Metal Hawk reports progress at Leinster South project, intersects high grade gold value
January 21, 2025 12:37 PM AEDT| By Team Kalkine MediaHighlights,High-Grade Gold Results at Thylacine Prospect:,Rockchip assays return up to,62.3g/t gold,, extending the surface mineralisation footprint to over,600m,.,Significant Gold Anomaly Identified:,Soil geochemistry outlines a,900m strike extent,a...
De Grey Mining Agrees to be acquired by Northern Star Resources
January 21, 2025 12:34 PM AEDT| By Team Kalkine MediaHighlights,Northern Star Resources Acquisition:,De Grey Mining agreed to be acquired by Northern Star Resources through a Scheme of Arrangement.,Financial Position:,Cash reserves of $786 million at the end of December, with a planned senior debt faci...
Australian Banking Stocks: Valuation Insights and New Ratings
January 21, 2025 12:31 PM AEDT| By Team Kalkine MediaHighlights,ANZ (,ASX:ANZ,) and NAB (,ASX:NAB,) upgraded due to positive earnings potential.,Short-term margin improvements and a stable economy influence,forecasts,.,Commonwealth Bank (,ASX:CBA,) and Westpac (,ASX:WBC,),maintain,lower ratings amid se...
Alkane Resources Discovers High-Grade Gold at Tomingley Operations
January 21, 2025 12:31 PM AEDT| By Team Kalkine MediaHighlights,Significant Gold Intercepts:,Drilling at Tomingley Gold Operations identified high-grade gold intercepts, with grades exceeding 5 grams per tonne (g/t) in certain areas.,Underground Mining Potential:,Exploration beneath the San Antonio dep...
Liontown Resources Shares Surge 11.1% on Strong Production and Revenue Growth
January 21, 2025 12:25 PM AEDT| By Team Kalkine MediaHighlights,Share Performance:,Liontown Resources shares jumped 11.1% to AU$0.70, making it the top gainer on the ASX 200.,Production Growth:,Spodumene concentrate production surged over threefold to 88,683 dry metric tonnes in Q2.,Revenue Boost:,Reve...
Insurance Australia Group Shares Hit Multi-Year High as Broker Issues Positive Forecast
January 21, 2025 12:20 PM AEDT| By Team Kalkine MediaHighlights,IAG Hits New High:,Shares of Insurance Australia Group hit a multi-year high of AU$8.74 on Tuesday, marking a 0.81% increase.,Morgan Stanley’s Positive Outlook:,Analyst Andrei Stadnik forecasts continued, though reduced, profit growth and...
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