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Abacus Storage King Announces Positive Outlook for FY25
November 12, 2024 01:29 PM AEDT| By Team Kalkine MediaHighlights,Abacus Storage King reports strong FY24 performance with Funds From Operations (FFO) of $81.1 million and a statutory profit of $138.2 million.,The company experienced a 5.6% increase in Revenue Per Available Square Metre (RevPAM) for Q1 F...
Aristocrat (ASX:ALL) Sells Plarium in $820M Deal with Modern Times Group
November 12, 2024 01:27 PM AEDT| By Team Kalkine MediaHighlights,Aristocrat Leisure’s subsidiary to divest,Plarium,Global in a major deal with Modern Times Group.,Transaction to bring $820 million, with a mix of upfront and contingent payments.,Focus shifts towards Aristocrat’s core gaming and social ca...
Australian Government to Provide AU$52.6Mn Aid to Regional Express Amid Voluntary Administration
November 12, 2024 01:26 PM AEDT| By Team Kalkine MediaHighlights,The Australian government offers up to AU$80 million in funding to support Regional Express during its voluntary administration.,The airline, which entered administration in July, will extend its voluntary administration process to June 20...
Paladin Energy Shares Plummet Amid Production Downgrade at Langer Heinrich Mine
November 12, 2024 01:24 PM AEDT| By Team Kalkine MediaHighlights,Paladin Energy shares tumble over 23% following disappointing uranium production update.,New FY 2025 uranium output guidance cut to 3.0-3.6 million pounds, down from 4.0-4.5 million pounds.,Planned shutdown in November aims to address oper...
Australian Consumer Sentiment Surges to 2.5-Year High in November
November 12, 2024 12:53 PM AEDT| By Team Kalkine MediaHighlights,Consumer sentiment rose 5.3% in November, building on October’s 6.2% increase.,Optimism about future finances and economic outlook reached post-pandemic highs.,Consumer confidence in falling mortgage rates hits the highest level since 2016...
Incitec Pivot Names Tanya Rybarczyk as President of Dyno Nobel Asia Pacific
November 12, 2024 12:51 PM AEDT| By Team Kalkine MediaHighlights,Tanya Rybarczyk appointed as President of Dyno Nobel Asia Pacific, effective 3 February 2025.,Rybarczyk brings 20 years of executive experience from Wesfarmers.,Interim leadership to be held by Deon Louw until Rybarczyk’s start date.,Incit...
Green Technology Metals Expands Drilling for Lithium at Root Project in Ontario
November 12, 2024 12:49 PM AEDT| By Team Kalkine MediaHighlights,Green Technology Metals advances 14,000m drilling at Ontario's Root Lithium Project.,Reports spodumene-rich intersections, some areas at 30%.,Phase two targets pegmatite extensions from 2023.,Green Technology Metals Ltd (ASX:GT1) is advanc...
Aristocrat Leisure Ltd. (ASX:ALL) Divests Plarium Global for Strategic Focus
November 12, 2024 12:48 PM AEDT| By Team Kalkine MediaHighlights,Aristocrat Leisure Ltd. divests,Plarium,Global for,$943 million.,Sale aligns with Aristocrat's focus on regulated gaming growth areas.,Modern Times Group (MTG),acquires,Plarium,as part of its expansion.,Aristocrat Leisure Ltd. (ASX:ALL) re...
Aristocrat Leisure Sells Mobile Gaming Arm Plarium to Modern Times Group for $820M
November 12, 2024 12:46 PM AEDT| By Team Kalkine MediaHighlights,Aristocrat to sell Plarium Global for up to $820 million to Sweden’s Modern Times Group.,Sale aligns with Aristocrat’s focus on regulated gaming content and social slots.,Company continues review of Big Fish Games, with potential $110 mill...
Australian Gold Stocks Drop Amid Stronger Dollar and U.S. Election Concerns
November 12, 2024 12:41 PM AEDT| By Team Kalkine MediaHighlights,Australian gold stocks fall nearly 5%, reaching the lowest level since October 4.,U.S. dollar strength and fiscal concerns post-election drive gold price declines.,Key players Northern Star Resources and Evolution Mining see major drops.,A...
Solis Minerals Confirms Widespread Copper in Initial Canyon Project Sampling
November 12, 2024 12:31 PM AEDT| By Team Kalkine MediaHighlights,Solis Minerals confirms copper presence in,initial,Canyon Project sampling,Samples,indicate,copper and molybdenum mineralization along a 400-meter strike,Follow-up exploration planned over a 25-kilometer strike and parallel zones,Solis Min...
Paladin Energy Revises Uranium Production Targets Amid Operational Challenges
November 12, 2024 12:27 PM AEDT| By Team Kalkine MediaHighlights,Paladin Energy adjusts FY2025 uranium production guidance due to ongoing challenges.,Production at the Langer Heinrich Mine in Namibia expected to rise in the second half of FY2025.,Planned shutdown scheduled for upgrades to improve operat...
Coles Criticizes Political Focus on Supermarkets Amid Cost-of-Living Issues
November 12, 2024 12:25 PM AEDT| By Team Kalkine MediaHighlights,Coles,chairman,voices concern over political scrutiny.,ACCC targets Coles and Woolworths in,discount,practices case.,Chairman,highlights value of past government collaboration during crises.,Coles Group Limited (ASX:COL) Chairman James Gra...
Gold Miners Experience Drop Amidst Falling Gold Prices
November 12, 2024 12:23 PM AEDT| By Team Kalkine MediaHighlights,ASX,gold miners,see a sharp dip following a decrease in gold prices.,West African Resources, Emerald Resources, and Bellevue Gold among top declines on ASX.,Spot gold price falls as investors react to recent U.S. political developments.,Au...
South32 Expands into Copper with AU$33Mn Investment in Canadian Project
November 12, 2024 12:12 PM AEDT| By Team Kalkine MediaHighlights,South32 acquires a 19.9% stake in American Eagle Gold to bolster copper assets.,Investment aligns with South32's strategic focus on critical metals for energy transition.,American Eagle secures funding and validation for its NAK copper pro...
Australian Business Confidence Reaches Two-Year High Amid Resilient Sales and Easing Cost Pressures
November 12, 2024 12:09 PM AEDT| By Team Kalkine MediaHighlights,Business confidence index rises to highest level since early 2023, marking a significant improvement.,Sales remain strong, while inflationary pressures on input costs show signs of easing.,Reserve Bank keeps interest rates steady, with pot...
Block Inc. Shares Surge Following Positive Market Response to Analyst Review
November 12, 2024 11:41 AM AEDT| By Team Kalkine MediaHighlights,Block Inc. experiences a surge in stock value following an analyst's review.,Block’s strong Q3 results add momentum to the positive market outlook.,Shares in,Afterpay,-owner Block,climb,over ten percent on ASX.,Block Inc. (ASX: SQ2), known...
Sunstone Metals (ASX:STM) Announces Gold-Copper Find, Expands Bramaderos Project
November 12, 2024 11:37 AM AEDT| By Team Kalkine MediaHighlights,Sunstone Metals reveals new Copete porphyry, expanding,Bramaderos,’,mineralised,area.,Discovery highlights,Bramaderos,’ potential for a large-scale open-pit operation.,Partnership discussions are underway to accelerate exploration and proj...
Galileo Mining Advances Palladium and Nickel Exploration in Norseman Drilling Campaign
November 12, 2024 11:25 AM AEDT| By Team Kalkine MediaHighlights,Galileo Mining Ltd begins 5,000m drilling for palladium and nickel in Norseman.,Focus on Mission Sill and Jimberlana, near the Callisto resource.,Aims to explore new zones and regional mineralization.,Galileo Mining Ltd (ASX:GAL) has initi...
Astral Resources Unveils High-Grade Gold Intersections at Kamperman, Western Australia
November 12, 2024 11:23 AM AEDT| By Team Kalkine MediaHighlights,Astral Resources reports strong gold assay results from Kamperman drilling.,High-grade zones uncovered, with notable 6 meters at 12.8 g/t gold.,Infill drilling to continue at,Mandilla,with visible gold seen in early samples.,Astral Resourc...
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