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Petratherm Shares Surge 61% Following Maiden Drill Results at Rosewood Prospect
December 04, 2024 01:22 PM AEDT| By Team Kalkine MediaHighlights,Petratherm’s shares rise 61%,to 33 cents following promising drill results.,High Heavy Mineral concentrations,with rutile and leucoxene identified in the Rosewood Prospect.,Titanium mineralisation,in the Gawler Craton region, critical for...
Cobre Strikes High-Grade Copper Mineralisation at Botswana Project
December 04, 2024 01:19 PM AEDT| By Team Kalkine MediaHighlights,21-metre chalcocite-rich segment discovered,at the Ngami Copper Project on the Kalahari Copper Belt.,Copper grades increase to up to 5% chalcocite,near the footwall contact.,Discovery extends mineralisation strike,7.5 kilometres northeast...
Sumitomo Joins Rio Tinto in AU$615M Deal for Winu Copper-Gold Project
December 04, 2024 01:16 PM AEDT| By Team Kalkine MediaHighlights,Sumitomo Metal Mining acquires 30% stake,in Winu for AU$615 million.,Development partnership formed,to advance Winu and pursue other strategic metals opportunities.,Winu project holds estimated 503Mt resources,with a 40-year mine life proj...
Pioneer Lithium Identifies High-Grade Targets at Canadian Project
December 04, 2024 01:15 PM AEDT| By Team Kalkine MediaHighlights,Grab samples reveal grades up to 2.95% Li2O,,with channel samples peaking at 3,530ppm lithium.,1,320 meters of trenching,uncovered promising pegmatite extensions.,Shares dip 3%,to 16 cents amid market activity.,Pioneer Lithium Ltd,(ASX:PLN...
Olympio Metals Sells Mulwarrie Project, Sets Sights on Canada
December 04, 2024 01:13 PM AEDT| By Team Kalkine MediaHighlights,Mulwarrie Project sold for $1.4 million,as Olympio shifts focus to Quebec, Canada.,Deferred $1M payment,tied to gold resource certification by Labyrinth Resources.,Dufay Project in Quebec,targeted for January drilling, exploring gold and c...
Killi Resources Uncovers Promising Mineralisation at Mt Rawdon West
December 04, 2024 01:10 PM AEDT| By Team Kalkine MediaHighlights,Drill results reveal a large mineralised system,featuring gold, silver, and copper over a 1.8-kilometer trend.,Strongest assay results,include 9.35 g/t gold, 95.1 g/t silver, and 3.7% copper.,Market reaction:,Shares fell 10.34% to 5.2 cent...
Exploring Key Players: ASX Ltd and BHP Group’s Market Journey
December 04, 2024 01:09 PM AEDT| By Team Kalkine MediaHighlights,ASX Ltd (ASX) share price shows growth since the start of 2024,.,BHP Group (BHP) is trading close to its 52-week lows,.,Both companies play pivotal roles in their respective industries,.,ASX Ltd (ASX:ASX) operates as Australia’s primary se...
Australia's Q3 GDP Growth Misses Expectations Amid Economic Challenges
December 04, 2024 12:51 PM AEDT| By Team Kalkine MediaHighlights,Australia's GDP grew at a slower pace than expected in the third quarter,.,The Reserve Bank of Australia,maintained,its interest rate at 4.35%,.,Bond markets,anticipate,no rate cuts until 2025,.,Australia’s gross domestic product (GDP) exp...
Australian Dollar Eases as GDP Growth Misses Expectations
December 04, 2024 12:50 PM AEDT| By Team Kalkine MediaHighlights,Australian dollar declines slightly following GDP data,.,Economy's growth,misses,expectations in the September quarter,.,Markets adjust expectations for Reserve Bank's policy actions,.,The Australian dollar faced a slight decline, trading...
Key Logistics Partnership Boosts Lithium Universe's Refinery Ambitions in Quebec
December 04, 2024 12:48 PM AEDT| By Team Kalkine MediaHighlights,Lithium Universe (LU7) secures,a logistics,agreement to streamline operations at the Bécancour lithium refinery in Quebec,.,Collaboration with,Servitank,focuses on supply chain optimization and operational efficiency,.,Agreement includes e...
Is Treasury Wine Estates (ASX:TWE) the Next Big Opportunity in the Wine Industry?
December 04, 2024 12:46 PM AEDT| By Team Kalkine MediaHighlights,Treasury Wine Estates (TWE) is set for growth, supported by strategic market re-entry,.,The company's luxury wine portfolio strengthens its global positioning,.,Projected earnings growth and dividends,indicate,strong potential returns,.,Tr...
CBA and NAB Announce New Chief Economists
December 04, 2024 12:44 PM AEDT| By Team Kalkine MediaHighlights,Luke Yeaman to assume the role of Chief Economist at (CBA) in March,.,Sally Auld named Chief Economist at (NAB), succeeding Alan Oster,.,Recent appointments highlight evolving leadership in Australia’s financial sector,.,Commonwealth Bank...
Coda Minerals Advances Key Metrics with Revised Study at Elizabeth Creek
December 04, 2024 12:30 PM AEDT| By Team Kalkine MediaHighlights,Coda Minerals (COD) releases an upgraded scoping study for Elizabeth Creek,.,Enhanced metrics include improved copper and silver recoveries,.,Development aims to,leverage,South Australia's active mining region,.,Coda Minerals (ASX:COD) has...
Olympio Metals Completes Mulwarrie Sale, Focuses on Canadian Exploration
December 04, 2024 12:05 PM AEDT| By Team Kalkine MediaHighlights,Olympio Metals (OLY) has completed the divestment of the,Mulwarrie,Gold Project,.,The company focuses on Canadian exploration, targeting its Dufay Copper-Gold Project,.,Labyrinth Resources (LRL),acquires,the project, offering immediate and...
Maximus Resources Identifies Shallow High-Grade Gold at 8500N Paleochannel
December 04, 2024 11:46 AM AEDT| By Team Kalkine MediaHighlights,Maximus Resources (MXR) announces high-grade gold intersections in,initial,drilling at the 8500N Paleochannel.,Drill program,demonstrates,potential for shallow, cost-effective,mineralisation,.,Assay results confirm,mineralisation,at multip...
BMG Resources (ASX:BMG) Begins New Drilling Campaign at Abercromby Gold Project
December 04, 2024 11:38 AM AEDT| By Team Kalkine MediaHighlights,BMG Resources (BMG),initiates,a new drilling program at its Abercromby gold project,.,The project hosts,518,000oz,of gold with significant growth potential,.,Drilling focuses on resource expansion and testing regional targets.,BMG Resource...
Qantas Shares Soar to Record High Amid Travel Boom
December 04, 2024 11:31 AM AEDT| By Team Kalkine MediaHighlights,Qantas (QAN) shares hit a record-high closing price,.,Airline stocks see a surge driven by a shift in luxury spending,.,Premium travel demand bolsters optimism in the aviation sector.,Shares of Qantas (ASX:QAN) reached a record-high closin...
Rio Tinto Teams Up with Sumitomo to Advance Winu Copper-Gold Project in Australia
December 04, 2024 11:29 AM AEDT| By Team Kalkine MediaHighlights,Rio Tinto partners with Sumitomo for the,Winu,copper-gold project in Western Australia,.,Sumitomo secures a 30% stake in,Winu,for $615 million,.,Partnership aims to expand Rio Tinto’s footprint in copper, base metals, and lithium,.,Rio Tin...
Transurban's New Securities Listing: A Move Towards Growth
December 04, 2024 11:04 AM AEDT| By Team Kalkine MediaHighlights,Transurban Group plans to quote new securities on the ASX,.,Nearly 100,000 fully paid ordinary stapled securities are part of this listing,.,Issuance linked to an employee incentive program,.,Transurban Group (ASX:TCL), a prominent operato...
Yuan Slips to Year-Long Lows Amid Yield Gaps and Tariff Concerns
December 03, 2024 04:13 PM AEDT| By Team Kalkine MediaHighlights,Offshore yuan reaches lowest level in over a year.,Pressure mounts due to yield gap and tariff threats.,Currency policies reflect impacts on the Australian dollar.,China’s yuan has weakened significantly, reaching its lowest level in over...
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