Stocks
Firefly Metals Achieves Breakthrough Copper Hit at Green Bay
December 10, 2024 12:57 PM AEDT| By Team Kalkine MediaHighlights,Firefly Metals (FFM) reports a significant copper drill hit at Green Bay, Canada.,Latest results include over 86 meters at 3.7% copper from 290 meters depth.,Shares rise 13%, driven by promising mineralization discoveries.,Firefly Metals (...
Riversgold Eyes Expansion with Mining Lease Application for Promising Gold Project
December 10, 2024 12:55 PM AEDT| By Team Kalkine MediaHighlights,Riversgold,submits a mining lease application for the Northern Zone Gold Project,.,Exploration activities focus on expanding the high-grade oxide zone,.,Approval process,anticipated,to take over a year, with plans for further drilling,.,Ri...
Is Brambles (ASX:BXB) Managing Its Debt Effectively?
December 10, 2024 12:53 PM AEDT| By Team Kalkine MediaHighlights,Brambles (BXB),maintains,a balanced approach to debt management,.,The company shows strong,interest,cover and a growing EBIT,.,Free cash flow,remains,an area to,monitor,closely,.,Debt management is a key aspect of evaluating companies in t...
archTIS (ASX:AR9) Partners with Accenture for NC Protect Trial in Microsoft 365
December 10, 2024 12:52 PM AEDT| By Team Kalkine MediaHighlights,archTIS,(AR9) secures a significant contract with Accenture Australia for its NC Protect trial.,The trial aims to enhance security within Microsoft 365 environments.,This partnership could expand,archTIS,' reach in data security markets.,a...
Examining Cleanaway Waste Management's Long-Term Performance
December 10, 2024 12:50 PM AEDT| By Team Kalkine MediaHighlights,Cleanaway Waste Management (CWY) delivered higher returns over five years compared to the market,.,Share price growth has outpaced earnings per share growth,.,Dividends significantly contributed to total shareholder returns,.,Cleanaway Was...
Viva Leisure Expands Fitness Network with World Gym Australia Stake
December 10, 2024 12:35 PM AEDT| By Team Kalkine MediaHighlights,Viva Leisure (VVA) has,acquired,a 25% stake in World Gym Australia.,The acquisition adds 169,000 members and three Queensland franchises to its network.,Strategic investment aligns with Viva's technology-driven growth plans.,In a significa...
AI and Bitcoin: Exploring Capital Expenditure Growth and Energy Trends
December 10, 2024 12:33 PM AEDT| By Team Kalkine MediaHighlights,AI-driven investments in data centers projected to boost capital spending,.,Bitcoin energy demand reaches record highs amid market volatility,.,European power dynamics impact bitcoin mining profitability.,The growing focus on artificial in...
Exceptional Drill Results Elevate Green Bay’s Ming Mine Resource Potential
December 10, 2024 12:31 PM AEDT| By Team Kalkine MediaHighlights,FireFly,Metals (FFM) reports thick, high-grade intersections at the Ming Mine,.,Drill results include 86.3,metres,at 3.7% copper equivalent, boosting growth potential,.,Focus,remains,on resource expansion and discovery with four active rig...
Can South32 (ASX:S32) Sustain a Strong Balance Sheet Despite Challenges?
December 10, 2024 12:29 PM AEDT| By Team Kalkine MediaHighlights,South32 (S32),maintains,minimal net debt, with strong free cash flow support,.,Debt levels are manageable despite falling EBIT growth,.,The company holds sufficient reserves to handle liabilities effectively,.,The mining and metals company...
IAG Faces Second Class Action Lawsuit Over ‘Loyalty Tax’ Practices
December 10, 2024 12:15 PM AEDT| By Team Kalkine MediaHighlights,Second lawsuit:,Law firm Slater and Gordon files class action against IAG over alleged "loyalty tax" practices.,Pricing algorithm accusations:,IAG's subsidiary is accused of using a pricing algorithm to unfairly increase premiums for custo...
Perpetual Shares Plunge 10% Amid ATO Tax Ruling on KKR Deal
December 10, 2024 12:14 PM AEDT| By Team Kalkine MediaHighlights,Tax liabilities spike:,ATO review raises Perpetual’s estimated tax liabilities for KKR deal from AU$106M–$227M to AU$493M–$529M.,Shareholder returns dip:,Expected cash proceeds per share drop to AU$5.74–$6.42 from AU$8.38–$9.82.,Market imp...
Treasury Wine Estates Shares Surge Following Acquisition of Chinese Winery
December 10, 2024 12:09 PM AEDT| By Team Kalkine MediaHighlights,Acquisition in China:,Treasury Wine Estates (TWE.AX) acquires 75% of Stone and Moon Winery for AU$27.5 million, with an option to acquire the remaining 25% after five years.,Market reaction:,Shares jumped 4.1% to AU$11.96, their highest le...
BrainChip Secures AU$1.8Mn Contract for Neuromorphic Radar Processing with U.S. Air Force
December 10, 2024 11:55 AM AEDT| By Team Kalkine MediaHighlights,AU$1.8M contract win:,BrainChip awarded a U.S. Air Force Research Laboratory (AFRL) contract under the SBIR program.,Innovative technology:,Focus on micro-Doppler radar processing using proprietary TENNs algorithms and Akida 2.0 hardware.,...
Somerset Minerals Acquires High-Grade Copper Project in Canada, Shares Surge
December 10, 2024 11:52 AM AEDT| By Team Kalkine MediaHighlights,Major acquisition:,Somerset secures the 1,208 km² Coppermine Project in Nunavut, Canada.,High-grade copper finds:,Historical assays show up to 45.4% copper and 263 g/t silver.,Shares jump 30.77%:,Stock price rises to AU$0.017 following acq...
Vision Leisure Acquires Stake in World Gym Australia, Eyes Strategic Growth
December 10, 2024 11:46 AM AEDT| By Team Kalkine MediaHighlights,$16.7M acquisition:,Vision Leisure secures 25% stake in World Gym Australia (WGA) and three Queensland locations.,Revenue growth expected:,Full-year FY24 revenue forecast at $163.6M, with earnings before costs projected at $35.4M.,Market e...
Zeotech’s Methane Control Program Delivers Promising Early Results
December 10, 2024 11:44 AM AEDT| By Team Kalkine MediaHighlights,Impressive methane reduction:,Zeotech’s zeoteCH₄ products reduce methane emissions by 70–85% in simulated landfill setups.,Collaborative innovation:,The program is a joint effort with Griffith University and Cleanaway Waste Management.,Tac...
Strong Returns for AMP Limited (ASX:AMP) Shareholders Over Three Years
December 10, 2024 11:43 AM AEDT| By Team Kalkine MediaHighlights,AMP Limited (AMP) achieves,impressive,total shareholder return over three years,.,Share price growth aligns with earnings improvement and dividend contributions,.,Insider investments and profitability shifts suggest positive business momen...
Firefly Metals Hits Record Copper Drill at Green Bay, Shares Soar
December 10, 2024 11:38 AM AEDT| By Team Kalkine MediaHighlights,Best-ever copper hit:,86m @ 3.7% copper from 290m depth at the Green Bay site.,Strong share performance:,Shares surged 13% to AU$1.14, reflecting confidence in drilling results.,World-class potential:,Mineralisation includes high-grade str...
Viva Leisure Expands with $17M Stake in World Gym Australia; Targets Queensland Growth
December 10, 2024 11:31 AM AEDT| By Team Kalkine MediaHighlights:,Strategic Acquisition of World Gym,:,Viva Leisure (,ASX:VVA,) has,acquired,a 25% stake in World Gym Australia and three Queensland locations for a total of $16.7 million, marking its second-largest acquisition. The deal was financed throu...
Silver Mines Secures $25 Million for Advancing Bowdens Silver Project
December 10, 2024 11:29 AM AEDT| By Team Kalkine MediaHighlights,Silver Mines (SVL) raises $25 million for project development and exploration,.,Funding to focus on approvals, property acquisitions, and resource growth,.,Placement exceeded funding target, reflecting strong investor demand,.,Silver Mines...
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