Stocks

Arafura Rare Earths Secures $200M Investment Commitment from National Reconstruction Fund Corporation

January 15, 2025 11:15 AM AEDT| By Team Kalkine Media

Highlights,Arafura Rare Earths has secured a $200 million investment commitment from NRFC through unsecured convertible notes.,The notes feature a seven-year conversion period with interest accrued at BBSY + 3.0%, payable through shares or capitaliza...

Independent Review Endorses Myer-Premier Merger Despite Flat Holiday Trading

January 15, 2025 11:15 AM AEDT| By Team Kalkine Media

Highlights,Independent expert supports the Myer-Premier merger.,December trading results showed flat growth.,Merger set to add 719 stores under Myer's portfolio.,An independent expert has reaffirmed its support for the merger of,Myer Holdings Limited...

Western Gold Resources Names SSH Group as Preferred Contractor for Gold Duke Project

January 15, 2025 11:13 AM AEDT| By Team Kalkine Media

Highlights,Western Gold Resources has selected SSH Group Limited as the preferred mining contractor for the Gold Duke Project.,The appointment is non-binding, pending a Master Services Agreement and fulfillment of internal milestones.,SSH Group has p...

Is AGL Energy (ASX:AGL) Poised for Growth? A Closer Look at Its Financial Performance

January 15, 2025 11:13 AM AEDT| By Team Kalkine Media

Highlights,AGL Energy’s stock rose 7.2% in the last month, drawing attention to its financial fundamentals.,The company shows,strong,Return on Equity (ROE) but struggles with shrinking earnings over five years.,High profit retention,isn't,translating...

Horizon Minerals Celebrates First Gold Pour from Boorara Project

January 15, 2025 11:11 AM AEDT| By Team Kalkine Media

Highlights,Horizon Minerals has achieved its first gold pour from the Boorara project, with ore processed at Norton Goldfields’ Paddington Mill.,The Boorara project is expected to produce 49,500 ounces of gold over 18 months.,Delays caused by dust su...

Telstra Group's $700M AI Investment Signals Major Technological Transformation

January 15, 2025 11:11 AM AEDT| By Team Kalkine Media

Highlights:,Telstra Group (,ASX:TLS,) is launching a $700 million artificial intelligence initiative to transform its business operations over seven years in partnership with Accenture.,The collaboration aims to expand and integrate AI into Telstra’s...

St George Mining (ASX:SGQ) Secures Strategic MoU with Chinese Steelmaker for Araxá Development

January 15, 2025 11:10 AM AEDT| By Team Kalkine Media

Highlights:,St George Mining Ltd (,ASX:SGQ,) has signed an MoU with Liaoning,Fangda,Group to advance the,Araxá,niobium and rare earth elements (REE) project in Brazil.,The agreement includes potential offtake rights, technical support, and funding ar...

Telstra Commits $700M to AI Overhaul in Landmark Accenture Partnership

January 15, 2025 11:09 AM AEDT| By Team Kalkine Media

Highlights,Telstra Group has committed $700 million to an AI overhaul in collaboration with Accenture, spanning seven years.,The investment will enhance existing AI tools and introduce new solutions across customer and operational platforms, though j...

St George Mining Signs Strategic MoU with Steelmaking Giant for Araxá Project

January 15, 2025 11:06 AM AEDT| By Team Kalkine Media

Highlights,St George Mining has signed an MoU with Liaoning Fangda Group to progress the Araxá niobium-REE project in Brazil.,The agreement includes potential offtake rights for 20% of Araxá’s production, technical advisory support, and funding optio...