Stocks


 ASX Energy Stocks Rise as Oil Prices Hit Highest Levels Since October 2024

ASX Energy Stocks Rise as Oil Prices Hit Highest Levels Since October 2024

January 06, 2025 01:09 PM AEDT| By Team Kalkine Media

Highlights,Energy Stock Gains: Shares of Australian energy stocks in the AXEJ sub-index rose by as much as 1%, reaching their highest levels since 23 October 2024.,Oil Price Surge: Oil prices remained near their highest levels since October, driven b...

 GreenX Metals Selected for BHP's 2025 Xplor Program, Set to Accelerate Tannenberg Copper Project Exploration

GreenX Metals Selected for BHP's 2025 Xplor Program, Set to Accelerate Tannenberg Copper Project Exploration

January 06, 2025 01:00 PM AEDT| By Team Kalkine Media

Highlights,GreenX Metals has been selected as one of eight exploration companies for BHP’s 2025 Xplor program, aimed at accelerating exploration for the energy transition.,GreenX will receive a non-dilutive grant of up to US$500,000, along with in-ki...

 Iron Ore Miners Face Pressure as Prices Remain Below $US100

Iron Ore Miners Face Pressure as Prices Remain Below $US100

January 06, 2025 12:48 PM AEDT| By Team Kalkine Media

Highlights,Iron ore miners experience downward pressure amid price trends.,Prices for the steel-making ingredient remain below $US100 per,tonne,.,Commodity sees,significant annual decline in 2024 performance.,Iron ore miners have faced challenges as...

 CC Capital Eyes Insignia Financial with $2.87 Billion Takeover Proposal

CC Capital Eyes Insignia Financial with $2.87 Billion Takeover Proposal

January 06, 2025 12:45 PM AEDT| By Team Kalkine Media

Highlights,Insignia Financial (IFL),receives,a takeover proposal from CC Capital Partners.,Proposal valued at $2.87 billion, offering $4.30 cash per share.,Proposal subject to due diligence and regulatory approvals.,Wealth management firm,Insignia Fi...

 Yellow Cat Uranium and Vanadium Drilling Approved by Anson Resources (ASX:ASN)

Yellow Cat Uranium and Vanadium Drilling Approved by Anson Resources (ASX:ASN)

January 06, 2025 12:30 PM AEDT| By Team Kalkine Media

Highlights:,Approval granted for drilling at Yellow Cat Uranium and Vanadium Project in Utah.,Exploration targets high-grade uranium and vanadium deposits along a mineralized trend.,Environmental surveys confirm minimal impact on local wildlife and h...

 Bellevue Gold Faces Setback with 12% Drop Following Production Revisions

Bellevue Gold Faces Setback with 12% Drop Following Production Revisions

January 06, 2025 11:47 AM AEDT| By Team Kalkine Media

Highlights:,Bellevue Gold (ASX: BGL) drops 12% after revising 2025 production forecast.,The company attributes the revision to geological challenges in key,mine,areas.,The production guidance for FY 2025 is now set between 150,000 and 165,000 ounces....

 Oil Prices Steady Near Two-Month High Amid Market Optimism

Oil Prices Steady Near Two-Month High Amid Market Optimism

January 06, 2025 11:45 AM AEDT| By Team Kalkine Media

Highlights,Brent crude traded near $US77 a barrel, marking its highest levels in over two months.,West Texas Intermediate (WTI) hovered around $US74, supported by a positive sentiment in broader markets.,Asian equities,anticipated,gains after Wall St...

 Iron Ore Miners Drag ASX as Prices Drop Below Key Benchmark

Iron Ore Miners Drag ASX as Prices Drop Below Key Benchmark

January 06, 2025 11:42 AM AEDT| By Team Kalkine Media

Highlights,Iron ore prices drop below USD $100 per,tonne,, affecting major miners.,Materials,sector was the only declining sector on the ASX 200.,Chinese restocking trends influence market movements.,Iron ore miners faced challenges on the ASX during...

 Tanarra Capital’s Stake Boosts Nine Shares Amid Strategic Changes

Tanarra Capital’s Stake Boosts Nine Shares Amid Strategic Changes

January 06, 2025 11:40 AM AEDT| By Team Kalkine Media

Highlights,Nine shares rise after,Tanarra,Capital's involvement.,Tanarra,Capital's stake adds a strategic dimension to Nine's operations.,Nine faced challenges in 2024, including leadership changes and profit declines.,Shares of Nine Entertainment (A...

 George Bauk Resigns as Livium Chair: What’s Next for (ASX:LIT)?

George Bauk Resigns as Livium Chair: What’s Next for (ASX:LIT)?

January 06, 2025 11:38 AM AEDT| By Team Kalkine Media

Highlights,Livium's,non-executive chair George Bauk resigns to pursue a new executive role.,Phil Thick steps in as interim chair while the board evaluates its future composition.,Livium,(LIT) transitions smoothly under new leadership amid ongoing adv...

 Global Pharma Giants Advocate for Weight-Loss Drugs on PBS: A Push for Subsidised Solutions

Global Pharma Giants Advocate for Weight-Loss Drugs on PBS: A Push for Subsidised Solutions

January 06, 2025 11:35 AM AEDT| By Team Kalkine Media

Highlights,Mounjaro's,PBS Listing Push,: Eli Lilly aims to secure government subsidies for,Mounjaro,on the Pharmaceutical Benefits Scheme (PBS), targeting obesity-related health risks.,Economic and Healthcare Implications,: Advocates highlight potent...

 US Tax Credit Revisions Ignite Hope for Australian Hydrogen Projects

US Tax Credit Revisions Ignite Hope for Australian Hydrogen Projects

January 06, 2025 11:33 AM AEDT| By Team Kalkine Media

Highlights,Eased US Tax Credit Rules:,Hydrogen producers granted an extension until 2030 to align with renewable energy requirements, easing earlier constraints.,Australian Companies Impacted:,Key players like Woodside Energy (,ASX:WDS,) and Fortescu...

 Gold Road Resources Sets New Record with 91,631 Ounces of Gold Production in December Quarter

Gold Road Resources Sets New Record with 91,631 Ounces of Gold Production in December Quarter

January 06, 2025 11:25 AM AEDT| By Team Kalkine Media

Highlights,Gold Road Resources Ltd (ASX:GOR) achieved record quarterly production of 91,631 ounces of gold at the Gruyere gold mine in Western Australia, surpassing the previous quarter's 68,781 ounces.,Gruyere's total gold production for 2024 reache...

 Percheron Therapeutics Redirects Focus After Trial Results

Percheron Therapeutics Redirects Focus After Trial Results

January 06, 2025 11:24 AM AEDT| By Team Kalkine Media

Highlights,Percheron Therapeutics focuses on rebuilding after clinical trial outcomes.,The company explores diversification and pipeline expansion strategies.,Strategic review underway for future opportunities beyond Duchenne muscular dystrophy.,Perc...

 Advance Metals Expands Precious Metals Portfolio with Key Acquisitions in Australia and Mexico

Advance Metals Expands Precious Metals Portfolio with Key Acquisitions in Australia and Mexico

January 06, 2025 11:23 AM AEDT| By Team Kalkine Media

Highlights,Advance Metals acquires an 80% stake in the high-grade Myrtleford and Beaufort Gold Projects in Victoria, Australia, through a joint venture with Serra Energy Metals Corp.,The company is set to acquire the Gavilanes Silver Project in Mexic...

 AML3D Eyes Role in AUKUS Network with Submarine Manufacturing Milestone

AML3D Eyes Role in AUKUS Network with Submarine Manufacturing Milestone

January 06, 2025 11:21 AM AEDT| By Team Kalkine Media

Highlights,AML3D advances its position in the AUKUS alliance by producing copper-nickel parts for Australia’s nuclear submarine program, leveraging its cutting-edge 3D printing technology.,The company’s additive manufacturing process significantly re...

 Meeka Metals Reports High-Grade Gold Hits at Murchison Project Ahead of Mining Launch

Meeka Metals Reports High-Grade Gold Hits at Murchison Project Ahead of Mining Launch

January 06, 2025 11:19 AM AEDT| By Team Kalkine Media

Highlights,Meeka Metals reports exceptional high-grade gold results from RC drilling at the Turnberry deposit, including one metre at 154.50g/t.,Drilling results are expected to bolster the company’s open-pit mining plan, set to commence in March 202...

 Metro Mining’s Bauxite Hills Mine Sets New Record and Targets Higher Goals for 2025

Metro Mining’s Bauxite Hills Mine Sets New Record and Targets Higher Goals for 2025

January 06, 2025 11:17 AM AEDT| By Team Kalkine Media

Highlights,Metro Mining achieves record shipments at Bauxite Hills Mine in 2024.,New,multi-cargo contract,signed,with Emirates Global,Aluminium,.,Adverse weather impacts December shipment schedule but resilience,demonstrated,.,Metro Mining (ASX:MMI)...

 Gold Road Resources Shares Slide Despite Record Gold Production

Gold Road Resources Shares Slide Despite Record Gold Production

January 06, 2025 11:17 AM AEDT| By Team Kalkine Media

Highlights,Gold Road Resources reported record quarterly production of 91,631 ounces of gold in Q4 2024, marking a 33.2% increase from the prior quarter.,Annual production for 2024 totaled 287,270 ounces, falling short of the guidance range of 290,00...

 Tech Stocks Boost Australian Market as Wall Street Momentum Carries Over

Tech Stocks Boost Australian Market as Wall Street Momentum Carries Over

January 06, 2025 11:16 AM AEDT| By Team Kalkine Media

Highlights,Tech stocks drive ASX rally, following Wall Street gains.,Mixed performance,observed,across key sectors, with utilities advancing.,Mining companies face declines, led by a notable retreat in gold stocks.,Australian markets gained traction...

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