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Julie Bishop Appointed to Advise ASX-listed Energy Transition Minerals Amid Legal Disputes in Greenland
January 13, 2025 01:02 PM AEDT| By Team Kalkine MediaHighlights,Former foreign minister Julie Bishop appointed as an advisor to Energy Transition Minerals (ETM).,Ms,Bishop’s,expertise,to,assist,with,Kvanefjeld,rare earths mine project in Greenland.,Energy Transition Minerals sees a 66% increase in stoc...
Star Entertainment (ASX: SGR) Faces Crucial Crossroads Amid Financial Crisis
January 13, 2025 01:01 PM AEDT| By Team Kalkine MediaHighlights,Star Entertainment (SGR) grapples with dwindling cash reserves.,Company,urgently needs to secure new funding and regulatory relief to survive.,A potential buyer could turn things around if long-term commitment is secured.,Star Entertainmen...
Citi Optimistic on Australian Wealth Platforms Despite Downgrade for Netwealth
January 13, 2025 12:59 PM AEDT| By Team Kalkine MediaHighlights,Strong September Quarter Flows:,The Australian wealth platform sector recorded AU$7.3 billion in net inflows, marking the second-best September quarter in a decade.,Market Challenges in December:,Citi slightly reduced earnings expectations...
Myer and Premier Investments Shares Crash Amid Weak Updates and Merger Prospects
January 13, 2025 12:36 PM AEDT| By Team Kalkine MediaHighlights,Sharp Declines in Stock Prices:,Myer Holdings dropped 16% to 96 cents, while Premier Investments plunged 15% to $28.20 in morning trade.,Challenging Retail Conditions:,Both companies reported weak trading updates, citing macroeconomic pres...
Insignia Financial Shares Surge on Sweetened Bain Capital Bid
January 13, 2025 12:28 PM AEDT| By Team Kalkine MediaHighlights,Shares Reach Multi-Year High:,Insignia Financial's stock rose 3.2% to AU$4.25, marking its highest level since October 28, 2021.,Improved Takeover Offer:,Bain Capital's revised bid matches CC Capital's offer of AU$4.30 per share, adding an...
Premier Investments Shares Plummet Amid Weak Retail Outlook
January 13, 2025 12:25 PM AEDT| By Team Kalkine MediaHighlights:,Biggest Single-Day Drop Since March 2020:,Premier Investments' shares fell 14.7% to AU$28.2, marking their largest intraday percentage loss in nearly four years.,Decline in Expected Sales:,The company forecasts first-half global sales for...
SRG Global (ASX:SRG) Powers WAM Active (ASX:WAA) Amid December Volatility
January 13, 2025 12:24 PM AEDT| By Team Kalkine MediaHighlights,SRG,Global’s,(SRG) strong contract wins fueled WAM Active (WAA) portfolio growth in December 2024.,SRG's impressive 106.7% price jump in 2024 and prospects for ASX 300 inclusion catch investor interest.,WAM Active's solid performance conti...
Major Gold Discovery by Great Boulder (ASX:GBR) Signals Promising Future at Mulga Bill Project
January 13, 2025 12:23 PM AEDT| By Team Kalkine MediaHighlights,High-grade gold results boost prospects for,Mulga,Bill.,Mineralisation,at,Mulga,Bill extends,300m,north, adding value.,Metallurgical testing results eagerly awaited, offering new insights.,Great Boulder Resources (ASX:GBR) is positioning i...
A Closer Look at Two Positive ASX Shares to Watch in 2025: (ASX:ZIP) and (ASX:SOL)
January 13, 2025 12:21 PM AEDT| By Team Kalkine MediaHighlights,(ZIP) shows impressive growth in 2025.,(SOL) has bounced back from 52-week lows.,Both companies offer diverse opportunities within their respective sectors.,The financial markets have witnessed notable movements in several stocks, and two...
NRW Holdings Faces Setback as CFO Departs, Shares Drop
January 13, 2025 12:15 PM AEDT| By Team Kalkine MediaHighlights,NRW Holdings' CFO resigns after two years.,Shares,decline,by 8.7% amid the announcement.,Interim CFO appointed while the company seeks a replacement.,Shares of NRW Holdings (ASX:NWH) took a significant hit on Monday following the resignati...
Australian Bond Yields Surge as Rate Cut Expectations Fade, Dollar Pressured
January 13, 2025 12:14 PM AEDT| By Team Kalkine MediaHighlights,Australian 10-year bond yields rise to 4.63%, reaching a two-month high.,February rate cut expectations retreat as traders adjust to,new,market outlook.,Australian dollar drops near five-year lows,,impacting,global investor sentiment.,The...
Novonix Faces Uncertainty Over Additional US DoE Loan for Tennessee Project
January 13, 2025 12:04 PM AEDT| By Team Kalkine MediaHighlights,US Department of Energy questions,Novonix's,additional,loan eligibility.,Lack of tax credits affects future funding prospects.,Potential implications for,Novonix,Enterprise South expansion plans.,Novonix (ASX:NVX), a leading battery materi...
Nova Minerals Pushes Forward with Gold-Antimony Drilling at Estelle’s Stibium Prospect
January 13, 2025 11:35 AM AEDT| By Team Kalkine MediaHighlights:,Nova Minerals (,ASX:NVA,) is advancing its US grant applications for drilling at the high-grade Stibium gold-antimony prospect in Alaska, with results showing impressive soil and rock chip samples.,The gold price,remains,near all-time hig...
Lightning Storm Sparks Power Outage at Viva Energy's Geelong Refinery
January 13, 2025 11:33 AM AEDT| By Team Kalkine MediaHighlights,Viva Energy's (VEA) Geelong refinery shuts down due to power outage.,Resumption of full production expected within one to two weeks.,Market supply,remains,unaffected, according to the company.,A power outage triggered by a lightning storm...
Forrestania Resources (ASX:FRS) Confirms Open Gold Mineralisation at Ada Ann Prospect
January 13, 2025 11:32 AM AEDT| By Team Kalkine MediaHighlights:,Forrestania,Resources (,ASX:FRS,) has confirmed gold mineralisation at Ada Ann, with positive drilling results showing the orebody is open in all directions, extending at depth and along strike.,The maiden drilling program,,comprising,21...
Oil Prices Soar as US Targets Russia with Sweeping Sanctions
January 13, 2025 11:31 AM AEDT| By Team Kalkine MediaHighlights,Oil prices,surge,to a four-month high due to US sanctions.,Russia’s oil industry faces sweeping restrictions targeting producers and exports.,Spotlight shifts to alternative supply sources like India and China.,Crude oil prices have surged...
AuKing Mining Grants Option for Saudi JV Interests Amid Focus on Queensland Projects
January 13, 2025 11:29 AM AEDT| By Team Kalkine MediaHighlights:,AuKing,Mining Ltd (,ASX:AKN,) has granted Resource Mining Corporation Ltd (,ASX:RMI,) an option to,acquire,its Saudi joint venture interests.,The decision aligns with,AuKing's,strategic focus on the Cloncurry Project in northwest Queensla...
CFO Resignation Sparks Market Reaction for NRW Holdings (ASX:NWH)
January 13, 2025 11:28 AM AEDT| By Team Kalkine MediaHighlights,NRW Holdings (NWH) CFO announces resignation, driving market buzz.,Shares,dip,7% after Richard Simons’ departure announcement.,Interim CFO appointed while the search for a successor is underway.,Shares of NRW Holdings (ASX:NWH), a leading...
Magnetite Mines (ASX:MGT) Secures $7 Million Funding to Propel Razorback Iron Project
January 13, 2025 11:26 AM AEDT| By Team Kalkine MediaHighlights:,Magnetite Mines Ltd (,ASX:MGT,) has arranged up to $7 million in funding from US-based investment funds to advance the Razorback Iron Project.,Funds will be directed toward critical milestones, including lodging a Mining Lease Proposal an...
Siona Discovery Suggests Potential in Larger Mineralised Gold System: Yandal Resources (ASX:YRL)
January 13, 2025 11:24 AM AEDT| By Team Kalkine MediaHighlights,Yandal,Resources' (,ASX:YRL,) Siona discovery,demonstrates,mineralisation continuity and the potential to be part of a larger, complex gold system within the Ironstone Well-,Barwidgee,Gold Project.,Initial results from 2,900 metres of RC d...
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