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Arcadium Lithium Shareholders Approve $6.7 Billion Sale to Rio Tinto
December 24, 2024 12:23 PM AEDT| By Team Kalkine MediaHighlights:,Shareholder Approval,: Nearly 98% of Arcadium Lithium's shareholders voted in favor of the $6.7 billion sale to Rio Tinto.,Legal Challenges,: Some shareholders have filed lawsuits, claiming misrepresentation and negligence related to the...
Warning for Aussies: Upcoming EFTPOS Update Could Disrupt Payments for Mobile Wallets and Wearables
December 24, 2024 12:22 PM AEDT| By Team Kalkine MediaHighlights:,EFTPOS Update,: From 1 January 2025, a network update will affect all cards on mobile wallets and wearable devices.,Possible Payment Issues,: Aussies who don't update their devices may be unable to make payments for food, drinks, or essen...
ASX 200 Faces Small Decline, with Key Stocks Falling Ahead of Christmas Break
December 24, 2024 12:06 PM AEDT| By Team Kalkine MediaHighlights:,Charter Hall Retail REIT,drops 3% as it goes ex-dividend, with a 12.4-cent interim dividend on the way.,DroneShield,sees a 3.5% decline, continuing its downward trend after a soft FY 2024 performance.,FBR,falls 5%, potentially due to prof...
Pilot Energy Announces Significant Increase in Cliff Head Carbon Storage Resource
December 24, 2024 12:02 PM AEDT| By Team Kalkine MediaHighlights:,Resource Growth,: The contingent storage resource for the Cliff Head Carbon Storage Project has increased by 58%, from 45.6 million tonnes to 72.2 million tonnes (100% basis).,Enhanced Geological Models,: Refinements in geological and dyn...
Dreadnought Resources Announces Farm-In and Joint Venture Agreement for Bresnahan Project
December 24, 2024 11:58 AM AEDT| By Team Kalkine MediaHighlights,:,Exploration Funding,: Teck can earn up to 80% of the Bresnahan Project through a staged funding commitment of $3.25 million over 8 years.,Joint Venture Outcome,: Upon completing both earning phases, an 80/20 Joint Venture will be establi...
Investigator Resources Completes Sale of Joint Venture Interest and Tenements in Stuart Shelf, South Australia
December 24, 2024 11:56 AM AEDT| By Team Kalkine MediaHighlights,:,$1M Cash Payment,: Investigator will receive $1 million cash prior to the end of the year following the completion of the sale.,Future Royalties,: Investigator retains a 1% NSR on the Joint Venture tenements and a 0.5% NSR on the Lake Mc...
ReNu Energy Sells Legacy Geothermal Assets to Hydro Lit in $700,000 Deal
December 24, 2024 11:44 AM AEDT| By Team Kalkine MediaHighlights,Asset Overview:,The deal includes legacy geothermal data, samples, and Geothermal Retention Licence 3 (GRL 3) in South Australia’s Cooper Basin, subject to regulatory approval.,Lithium Opportunity:,Hydro Lit aims to leverage the assets for...
AUCyber Receives Competing Takeover Proposal, Share Price Jumps 11.5%
December 24, 2024 11:41 AM AEDT| By Team Kalkine MediaHighlights,Competing Proposal:,Brennan offers $0.14 per share, a 28% premium over AUCyber’s recent VWAP, surpassing 5GN’s $0.11 bid.,Market Reaction:,AUCyber shares surged 11.5%, reflecting strong investor confidence in the competing proposal.,Condit...
Talius Group Announces AU$2.5Mn Strategic Placement to Support Expansion and Growth
December 24, 2024 11:28 AM AEDT| By Team Kalkine MediaHighlights,Strategic Placement:,AU$2.5million raised through a share placement at AU$0.009, representing a premium to VWAP and closing prices.,Industry Expertise:,Collaboration with Stephen Norris, a veteran in the aged care sector, to drive growth i...
AVITA Medical Secures FDA Approval for RECELL GO® Mini, Expanding Treatment Options for Smaller Wounds
December 24, 2024 11:25 AM AEDT| By Team Kalkine MediaHighlights:,FDA Approval:,RECELL GO Mini, designed for smaller wounds, enhances the functionality of the RECELL GO platform.,Optimized Design:,The cartridge minimizes resource use and waste, broadening accessibility for clinicians.,Market Growth:,Tar...
Paladin Energy Completes Acquisition of Fission Uranium, Strengthens Global Uranium Portfolio
December 24, 2024 11:18 AM AEDT| By Team Kalkine MediaHighlights,Acquisition Completed:,Paladin acquires 100% of Fission Uranium, strengthening its uranium portfolio.,PLS Project Focus:,Paladin plans to optimize Fission's Patterson Lake South project feasibility study.,Leadership Transition:,Fission’s C...
GenusPlus Secures Major Contract for Tasmanian Renewable Energy Transmission Project
December 24, 2024 11:14 AM AEDT| By Team Kalkine MediaHighlights,Contract Secured:,GenusPlus wins NWTD Stage 1 contract as part of the AU$950 million Project Marinus.,Two-Phase Approach:,ECI Phase valued at AU$42M; Construction Phase set to begin in 2026, with completion by 2029.,Market Impact:,GNP shar...
Retail Investors Dominate Tamboran Resources' Ownership Structure
December 24, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Retail investors hold a majority stake in Tamboran Resources (TBN).,- Institutional investors account for a significant minority ownership.,- Insider ownership adds credibility and potential influence in company decisions.,Understanding...
St Barbara Challenges $210M Tax Assessment in Papua New Guinea
December 24, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Simberi Gold Company, part of (SBM), faces a significant tax assessment from Papua New Guinea authorities.,- The dispute involves alleged improper capital expenditure deductions and withholding tax.,- St Barbara plans to appeal the asses...
Lindian Resources Strengthens Leadership with Robert Martin as Non-Executive Chair
December 24, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Lindian Resources appoints an experienced mining executive as non-executive chair.,- New leadership aligns with advancing the Kangankunde project development.,- Focus shifts toward securing strategic funding for rare earth assets.,Lindia...
Emerging ASX Penny Stocks to Keep an Eye on This December
December 24, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Close the Loop (CLG) focuses on recycling and packaging sectors with mixed financial results.,- Renascor Resources (RNU) is making strides in mineral exploration with strong earnings growth.,- Vita Life Sciences (VLS) showcases robust fi...
Polymetals Resources Sets Stage for Silver and Zinc Production at Endeavor Mine
December 24, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Polymetals Resources ramps up workforce for Endeavor Mine in Cobar Basin.,- Key milestones achieved in 2024, setting foundation for silver and zinc production.,- Exploration activities set to accelerate in 2025 to fuel organic growth.,Po...
Exploring Australia's Promising Small-Cap Stocks for December 2024
December 24, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- The ASX 200 shows strength in healthcare and real estate sectors.,- Economic indicators like inflation and interest rates influence market sentiment.,- Highlighted companies include Cuscal, IPD Group, and K&S Corporation.,As the ASX 200...
Is Orora Limited’s (ASX:ORA) Growth Potential Under Pressure?
December 24, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Orora Limited (ORA) faces challenges with declining earnings.,- The company’s growth outlook lags behind market expectations.,- Analysts predict slower growth for Orora compared to broader market trends.,In the Australian stock market, w...
Westpac Faces Scrutiny Over Customer Overcharging in New Zealand
December 24, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Westpac admits to procedural failures resulting in overcharges.,- Over 24,000 customers impacted by discount discrepancies.,- Financial Markets Authority pursuing legal action.,Westpac Banking Corporation (ASX:WBC) has come under scrutin...
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