Stocks
Riversgold Advances Northern Zone Gold Project Amid Strong Market Conditions
November 11, 2024 01:39 PM AEDT| By Team Kalkine MediaHighlights,Riversgold,completes extensive drilling at Northern Zone.,Awaiting assay results to further define gold,mineralisation,.,Potential mining lease application on the horizon.,Riversgold Ltd (ASX:RGL) has recently wrapped up a significant airc...
Premier Investments Awaits Shareholder Vote on Ex-Executive's $4M Shares
November 11, 2024 01:28 PM AEDT| By Team Kalkine MediaHighlights,Premier seeks shareholder approval to cancel ex-,Smiggle,exec John Cheston's shares.,Board cites "serious misconduct" for departure.,Cheston to join Lovisa, led by Brett Blundy.,Premier Investments (ASX:PMV) has proposed to cancel approxim...
Fonterra Co-operative Group Moves Forward with Divestment of Global Consumer Brands
November 11, 2024 01:13 PM AEDT| By Team Kalkine MediaHighlights,Fonterra Co-operative Group set to streamline operations by divesting consumer brands.,Divestment plan focuses on enhancing core Ingredients and Foodservice sectors.,Shareholder approval needed as the process aims for completion over the n...
Recce Pharmaceuticals (ASX:RCE) Secures Phase 3 Trial Approval in Indonesia
November 11, 2024 12:56 PM AEDT| By Team Kalkine MediaHighlights,Recce Pharmaceuticals secures ethics approval for Phase 3 trial of R327G in Indonesia.,Trial targets diabetic foot infections with,commercialisation,aimed for 2026.,Bilateral support from Australia and Indonesia enhances trial’s impact in...
Lindian Resources Secures 10-Year Lease, Royalties for Woula Bauxite Project
November 11, 2024 12:51 PM AEDT| By Team Kalkine MediaHighlights,Lindian,Resources,acquires,a decade-long lease and royalty on the,Woula,Bauxite Project.,Project to yield an annual royalty for,Lindian,, with production expected within twelve months.,Strategic port access secured to support,Lindian’s,bau...
Liontown Resources Faces Challenges Amid Lithium Price Slump
November 11, 2024 12:49 PM AEDT| By Team Kalkine MediaHighlights,Liontown,Resources faces financial adjustments amid lithium price decline.,Kathleen Valley mine expansion deferred to save $100 million.,Production costs projected to be competitive, targeting higher-grade rock sections.,Liontown Resources...
Gold Hydrogen (ASX:GHY) Expands South Australia Exploration with New License
November 11, 2024 12:37 PM AEDT| By Team Kalkine MediaHighlights,Gold Hydrogen secures a 1,900 sq km petroleum license in South Australia.,Exploration aligns with hydrogen initiatives in,Whyalla,and Port Bonython.,Focus on advancing Native Title for PELA 792 tenure status.,Gold Hydrogen Ltd (ASX:GHY) ha...
Nexus Minerals Discovers High-Grade Gold in Wallbrook Project Drilling Program
November 11, 2024 12:26 PM AEDT| By Team Kalkine MediaHighlights,Nexus Minerals,identifies,high-grade, near-surface gold at,Wallbrook,Project.,Significant intercepts include 4m at 6.85 g/t and 4m at 7.12 g/t gold.,Payns,and Godfrey Prospects show strong potential for expansion.,Nexus Minerals Ltd (ASX:N...
Southern Cross Gold Poised as World's Richest Gold Mine Amid Growing Interest
November 11, 2024 12:12 PM AEDT| By Team Kalkine MediaHighlights,Southern Cross Gold, valued at $600 million, stands as a leading gold mining prospect.,Located,near the renowned Fosterville mine, it sits in a high-yield area.,Rising gold demand with limited Western presence may boost its potential.,Reno...
Macquarie Group Shares Drop After Going Ex-Dividend, Analysts Remain Optimistic
November 11, 2024 11:57 AM AEDT| By Team Kalkine MediaHighlights,Ex-Dividend Impact:,Macquarie shares fall 1.5% as they trade ex-dividend for a AU$2.60 per share payout.,Strong Half-Year Results:,Net profit rose 14% due to growth in annuity-style businesses, despite declines in market-facing sectors.,An...
Australian Miners Hit One-Month Low Amid Global Iron Ore Price Decline
November 11, 2024 11:55 AM AEDT| By Team Kalkine MediaHighlights,Sub-Sector Slump:,Australian mining index drops 2.8%, reaching its lowest point since late September.,Global Iron Ore Impact:,Falling iron ore prices weigh on sector as investors await fiscal stimulus from China.,Biggest Players Decline:,B...
Endeavour Group Shares Drop to Record Low Amid Weak Sales Growth and CEO Succession Uncertainty
November 11, 2024 11:48 AM AEDT| By Team Kalkine MediaHighlights:,Sales Disappoint:,Endeavour Group reports Q1 sales growth of just 0.5%, falling short of the expected 1.9%.,Stock Slump:,Shares drop 5.9%, reaching a record low due to market concerns.,CEO Transition Concerns:,Investors await clarity on C...
Qube Holdings (ASX:QUB) Evaluates Strategic Moves for FY25 Financial Growth
November 11, 2024 11:45 AM AEDT| By Team Kalkine MediaHighlights,Qube,targets stronger financial positioning and future growth in FY25,.,Qube,explores options around Patrick Terminals,,impacting,leverage outlook,.,RBC,maintains,its neutral perspective on,Qube,amid strategic developments.,Qube Holdings (...
Strickland Metals Discovers Gold and Base Metals at Serbia’s Rogozna
November 11, 2024 11:43 AM AEDT| By Team Kalkine MediaHighlights,Strickland Metals’,Rogozna,Project in Serbia shows promising gold and base metals.,Kotlovi,prospect drilling uncovers high-grade mineralization.,Exploration hints at a link to the,Medenovac,deposit.,Strickland Metals Ltd (ASX:STK) has made...
Stockland Increases FY25 Earnings Outlook with Major Acquisition from Lendlease
November 11, 2024 11:30 AM AEDT| By Team Kalkine MediaHighlights,Stockland revises FY25 earnings guidance post-acquisition of 12 residential communities.,FY25 distribution aligns with 75-85% payout of funds from operations.,Projected gearing stays within target range, with strong settlement volumes expe...
Novonix and Stellantis Sign Major Synthetic Graphite Supply Deal
November 11, 2024 11:22 AM AEDT| By Team Kalkine MediaHighlights,Novonix,partners with Stellantis for high-performance graphite supply.,Agreement covers up to 115,000,tonnes,over six years, beginning in 2026.,Novonix,to expand U.S. facilities to meet growing demand.,Battery manufacturer Novonix (ASX:NVX...
Cleanspace Holdings (ASX:CSX) Faces Revenue Slowdown Amid Market Hurdles
November 11, 2024 11:19 AM AEDT| By Team Kalkine MediaHighlights,Cleanspace,shares dip on missed revenue expectations.,Year-to-date revenue growth,remains,flat.,Profitability improves despite minor EBITDA loss.,Cleanspace Holdings (ASX:CSX), a respiratory protection manufacturer, has faced a significant...
Incitec Pivot’s Positive Outlook on Fertilizers Division Gathers Market Attention
November 11, 2024 11:18 AM AEDT| By Team Kalkine MediaHighlights,Analysts respond positively to,Incitec,Pivot’s focused outlook on fertilizers.,FY24 results meet expectations with strong underlying earnings.,Optimistic FY25 outlook draws favorable market reactions.,Incitec Pivot (ASX:IPL) recently revea...
Steady Growth for Endeavour Group Despite Cost Pressures
November 11, 2024 11:12 AM AEDT| By Team Kalkine MediaHighlights,Endeavour Group reports stable Q1 FY25 sales amid cost challenges.,Hotels segment sees growth, offsetting steady performance in retail.,Company focuses on cost management strategies and digital initiatives.,Endeavour Group (ASX:EDV) has sh...
Iress Faces Legal Dispute with ESSSuper Over Platform Services Agreement
November 11, 2024 11:08 AM AEDT| By Team Kalkine MediaHighlights,ESSSuper,has,initiated,civil proceedings against,Iress,.,Legal dispute focuses on an existing Platform Services Agreement.,Iress,provides financial software;,ESSSuper,supports Australian emergency service workers.,Iress (ASX:IRE), a leadin...
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