Stocks
ASX Declines and Australian Dollar Weakens Amid Global Trade Tensions
November 26, 2024 04:39 PM AEDT| By Team Kalkine MediaHighlights,ASX falters as trade-related concerns weigh on sentiment.,Australian dollar hits a seven-month low due to tariff uncertainties.,Market sentiment shifts after new U.S. trade policy announcement.,The Australian Securities Exchange (ASX) face...
Immutep (ASX:IMM) Advances Clinical Trials and Strengthens Strategic Partnerships
November 26, 2024 04:37 PM AEDT| By Team Kalkine MediaHighlights,Immutep,IMM reports progress in clinical trials targeting autoimmune diseases.,Collaboration with Merck bolsters research and development efforts.,The company focuses on expanding its therapeutic pipeline and achieving new milestones.,Adva...
Latrobe Magnesium (ASX:LMG) Secures $13.24 Million R&D Rebate to Support Debt Reduction and Future Growth
November 26, 2024 04:36 PM AEDT| By Team Kalkine MediaHighlights:,Latrobe Magnesium LMG receives $13.24 million from the Australian Taxation Office for R&D activities.,The rebate will be used to reduce the company’s debt, with a goal to become debt-free by FY25.,Development of a world-first magnesium ex...
Finbar Group Limited's (ASX:FRI) Ownership Structure Highlights Private Company Influence
November 26, 2024 04:34 PM AEDT| By Team Kalkine MediaHighlights,Private companies hold a 40% stake in Finbar Group FRI, granting them,significant influence,.,Individual shareholders collectively own 31% of the company’s shares.,Top,six shareholders control over half of the company, with insiders owning...
Sierra Nevada Completes Endowment Drilling, Targeting High-Grade Silver
November 26, 2024 04:31 PM AEDT| By Team Kalkine MediaHighlights:,Sierra Nevada Gold completes Phase 1 reverse circulation (RC) drilling at its Endowment Mine in Nevada.,Drilling results confirm the intersection of high-grade silver, with sulphide and argillic alteration observed.,The company plans foll...
Siren Gold Secures Completion of Reefton Project Sale
November 26, 2024 04:29 PM AEDT| By Team Kalkine MediaHighlights:,Siren Gold completes the sale of its Reefton Project to Rua Gold, consolidating the Reefton Goldfields in New Zealand.,The transaction includes $4 million in cash and a 26.1% stake in Rua Gold, valued at $18 million.,Siren Gold shifts foc...
Sunshine Metals on Track for Liontown Resource Expansion
November 26, 2024 04:25 PM AEDT| By Team Kalkine MediaHighlights:,Sunshine Metals anticipates an upgrade to the Liontown deposit’s mineral resource estimate in early December 2024.,Recent diamond drilling at the Gap Zone has identified significant high-grade gold and new resource growth areas.,The compa...
EML Payments Aims for Strong Revenue Growth Under New Leadership
November 26, 2024 04:04 PM AEDT| By Team Kalkine MediaHighlights:,EML Payments reports strong financial performance in FY24, with a significant increase in revenue and EBITDA.,The sale of the Sentenial business and debt refinancing have strengthened the company’s balance sheet.,EML Payments introduces i...
ASX's CHESS Overhaul Targets 2026 Amid Legal Hurdles
November 26, 2024 03:59 PM AEDT| By Team Kalkine MediaHighlights,ASX targets CHESS replacement rollout in 2026.,Phase 2 of the system planned for 2029, with significant investment.,Legal challenges related to previous project updates remain unresolved.,The Australian Stock Exchange (ASX:ASX) is set to o...
White Cliff Minerals Expands Canadian Copper Portfolio with Key Licence
November 26, 2024 03:53 PM AEDT| By Team Kalkine MediaHighlights:,White Cliff Minerals acquires the Victoria Copper exploration licence, expanding its copper portfolio in the Nunavut province.,The acquisition includes the high-grade Danvers copper deposit, with a historical resource estimate of 4.16 mil...
Innovative Anti-Infective Treatments Secure Full Patent Protection
November 26, 2024 03:52 PM AEDT| By Team Kalkine MediaHighlights,Recce Pharmaceuticals Ltd secures complete patent protection for two anti-infective treatments.,Australian Patent Office grants "Patent Family 3" status to RECCE 327 and RECCE 529.,Patents provide global protection for manufacturing and ad...
Biotech Double-Banger Shakes Up IPO Market
November 26, 2024 03:43 PM AEDT| By Team Kalkine MediaHighlights:,Two life sciences companies, Vitrafy and Renerve, debuted today with mixed initial performances.,Vitrafy’s cryogenic service technology, approved by the FDA, gained some traction, while Renerve’s nerve repair products face production chal...
Renewed Energy Rules Brighten Prospects for Frontier Energy’s Solar Project
November 26, 2024 03:41 PM AEDT| By Team Kalkine MediaHighlights,Regulatory updates in Western Australia boost the revenue outlook for energy projects.,Frontier Energy benefits from a significant increase in capacity pricing.,Upcoming Definitive Feasibility Study to reflect strengthened project economic...
ASX 200 Uranium Share Faces Continued Setbacks
November 26, 2024 03:39 PM AEDT| By Team Kalkine MediaHighlights:,Paladin Energy Ltd saw a significant drop in its share price, falling 54% since May 2024.,A decline in global uranium prices, alongside operational challenges at the Langer Heinrich Mine, contributed to the downturn.,The company revised i...
Schaffer's (ASX:SFC) Returns On Capital Spark Investor Concerns
November 26, 2024 03:34 PM AEDT| By Team Kalkine MediaHighlights:,Schaffer's return on capital employed (ROCE) has decreased from 27% to 11% over the past five years, aligning with the industry average.,Despite a reduction in short-term returns, increased revenue and assets indicate the company is prior...
Raiden Resources Reports Promising Lithium Discovery at Andover South
November 26, 2024 03:33 PM AEDT| By Team Kalkine MediaHighlights,Raiden Resources' maiden drilling program identifies extensive mineralized pegmatite zone.,Significant lithium oxide grades intersected across multiple target areas.,Further exploration planned to unlock full potential of the Andover South...
Strong Performance at Northern Zone by Riversgold Sustained
November 26, 2024 03:24 PM AEDT| By Team Kalkine MediaHighlights:,Final assays from Riversgold’s Northern Zone project confirm high-grade gold mineralisation.,Strong grades and widths identified at shallow depths, expanding mineralisation.,Nearby projects, including Black Cat's Myhree, provide successfu...
IperionX Expands Titanium Capabilities with Innovative Technology Acquisition
November 26, 2024 03:23 PM AEDT| By Team Kalkine MediaHighlights,IperionX,secures advanced titanium production technologies,.,The acquisition enhances sustainability and efficiency in titanium manufacturing,.,New technologies,to scale production at its Virginia titanium campus,.,IperionX (ASX:IPX) has s...
PhosCo's New Exploration Permit Opens Path to Phosphate Hub in Tunisia
November 26, 2024 03:21 PM AEDT| By Team Kalkine MediaHighlights,PhosCo,secures key exploration permit in Tunisia’s phosphate-rich northern region,.,MoU signed with Tunisian Ministry and EBRD focuses on innovation and regional development,.,Approval marks,significant progress,in expanding phosphate reso...
BPH Global Expands Seaweed R&D with Gaia Mariculture
November 26, 2024 03:17 PM AEDT| By Team Kalkine MediaHighlights,BPH Global reappoints Gaia Mariculture for advanced seaweed R&D in Singapore.,Scope includes AI, blockchain integration, and sustainable farming innovations.,Research to explore seaweed's role in critical mineral extraction and carbon capt...
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