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OPEC+ Delays Production Increase, Boosts Oil Prices Amid Market Shifts
November 04, 2024 11:38 AM AEDT| By Team Kalkine MediaHighlights,Oil prices see an early surge after OPEC+ delays production increases.,Brent and WTI crude prices rise, reflecting tightened market expectations.,Mixed performance across energy stocks on ASX with slight variances.,Oil prices made a notabl...
Andromeda Metals (ASX:ADN) Expands Board with Industry Expert to Boost European Market Presence
November 04, 2024 11:17 AM AEDT| By Team Kalkine MediaHighlights,Andromeda Metals welcomes seasoned chemical,engineer,to strengthen board.,Miguel J Galindo’s,expertise,aims to enhance European market integration.,New role to focus on product quality, customer engagement, and market expansion.,Andromeda...
Intra Energy Secures Funding for Gold and Lithium Exploration at Maggie Hays Hill
November 04, 2024 11:14 AM AEDT| By Team Kalkine MediaHighlights,Intra Energy Corporation raises $850,000 to advance exploration in Western Australia.,Placement includes two tranches with director participation in Tranche 2.,Funds,allocated,for exploration,,value,opportunities, and working capital.,Intr...
Elixir Energy (ASX:EXR) Expands Gas Resources in Taroom Trough with New Booking
November 04, 2024 11:12 AM AEDT| By Team Kalkine MediaHighlights,Elixir Energy secures new resource booking in Queensland’s,Taroom,Trough.,712 billion cubic feet in prospective gas resources,identified,in ATP 2077 Sub-Block B.,Additional,resource development potential in ATP 2044 and adjacent areas.,Eli...
Structural Monitoring Systems Plc (ASX:SMN) Stock Surges Amid Growing Market Optimism
November 04, 2024 10:59 AM AEDT| By Team Kalkine MediaHighlights,Structural Monitoring Systems stock surges 25% over the last month.,Revenue growth,remains,strong, with an annual increase of 25%.,Company P/S ratio,remains,higher than industry average, sparking market interest.,Structural Monitoring Syst...
Yandal Resources Kicks Off Major Drilling Program at Siona Gold Prospect
November 01, 2024 01:48 PM AEDT| By Team Kalkine MediaHighlights,Extensive RC Drilling Campaign,: Yandal begins a 2,500-meter RC drilling program at the Siona gold discovery to map mineralisation.,Promising Early Intercepts,: Initial results revealed gold grades up to 78 meters at 1.2 g/t and 14 meters...
Macquarie Shares Slide 4.5% Following Half-Year Results
November 01, 2024 01:41 PM AEDT| By Team Kalkine MediaHighlights,Stock Decline Post-Earnings,: Macquarie shares fell 4.5% to AU$221.11 following the release of mixed half-year results.,Year-on-Year Growth,: Net profit rose 14% year-on-year, but profits fell 23% compared to the second half of FY 2024.,In...
Analysts Raise Concerns Over Mineral Resources’ AU$723Mn Gas Deal with Hancock Prospecting
November 01, 2024 01:35 PM AEDT| By Team Kalkine MediaHighlights,Tax Adjusted Value Impact,: The AU$1.1 billion deal could reduce to AU$667 million post-tax, raising financial viability concerns.,Investment Hurdle Uncertainty,: Analysts doubt Mineral Resources can recover its capital outlay, let alone m...
Talga Group Shares Surge Nearly 80% Following Major Legal Victory for Swedish Graphite Mine
October 31, 2024 11:21 AM AEDT| By Team Kalkine MediaHighlights,Talga Group shares jumped almost 80% to 72 cents after a legal win allowing progression of its Nunasvaara South natural graphite mine in Sweden.,The Swedish Supreme Court dismissed appeals against Talga’s Environmental and Natura 2000 perm...
Core Lithium Shares Rise as Former Rio Tinto Executive Joins Board
October 31, 2024 11:18 AM AEDT| By Team Kalkine MediaHighlights,Core Lithium appoints Alicia Sherwood, a former Rio Tinto executive, as a non-executive director effective 1 December 2024.,Sherwood brings over 25 years of experience, focusing on stakeholder management, governance, and ESG, crucial for t...
Coles Group Shares Rise 1% as First-Quarter Update Shows Solid Sales Growth
October 31, 2024 11:16 AM AEDT| By Team Kalkine MediaHighlights,Coles Group reported a 2.9% rise in total sales to AU$10.55 billion in Q1, driven by a 3.5% increase in Supermarkets revenue.,Exclusive Coles products saw strong growth, while the Liquor segment struggled with flat sales and a 4.4% decline...
Origin Energy Shares Dip Despite Positive Quarterly Growth and Strong Renewable Investments
October 31, 2024 11:13 AM AEDT| By Team Kalkine MediaHighlights,Origin Energy shares fell by 0.5% despite a positive quarterly update showing 3% growth in electricity sales and steady gas volumes.,The company's Australia Pacific LNG revenue rose 1% due to higher LNG sales, while production slightly dec...
Mineral Resources Shares Surge on AU$1.13Bn Asset Sale to Hancock Prospecting
October 31, 2024 11:09 AM AEDT| By Team Kalkine MediaHighlights,Mineral Resources shares jumped 15.6% after announcing a major asset sale worth up to AU$1.13 billion to Hancock Prospecting.,The company also entered joint ventures with Hancock over remaining Perth Basin and Carnarvon Basin assets, boost...
FDA Grants Argenica Therapeutics Key Designations for Infant Brain Injury Drug
October 30, 2024 06:01 PM AEDT| By Team Kalkine MediaHighlights,Argenica Therapeutics received FDA designations for its infant brain injury drug candidate, ARG-006.,Designations could lead to tax credits, fee exemptions, and potential market exclusivity.,Priority Review Voucher (PRV) possible, enhancin...
Syrah Resources Advances U.S. Operations Amid Graphite Market Hurdles
October 30, 2024 05:49 PM AEDT| By Team Kalkine MediaHighlights,Syrah Resources secures significant financing to support graphite production.,Expansion and feasibility studies underway at Balama to meet U.S. EV market needs.,Vidalia facility progresses with active anode material production.,Syrah Resou...
Gold Road Resources Shows Growth at Gruyere and Expands Exploration Initiatives
October 30, 2024 05:43 PM AEDT| By Team Kalkine MediaHighlights,Gold Road Resources posts a 10% production increase at Gruyere Gold Mine.,Expansion in mining activities with ongoing exploration promising longevity for the Gruyere mine.,Additional advancements underway at Yamarna and new exploration sit...
Terra Uranium Expands Athabasca Basin with Key Earn-Ins and Acquisitions
October 30, 2024 05:34 PM AEDT| By Team Kalkine MediaHighlights,Terra Uranium advances exploration across Athabasca Basin, moving 18 sites to drill-ready status.,Strategic earn-in agreements expand Terra’s holdings by 610 sq km in northern Canada.,New acquisitions in Nunavut add growth potential for la...
Buru Energy’s 2H Resources Leads Hydrogen & Helium Exploration in Australia
October 30, 2024 05:27 PM AEDT| By Team Kalkine MediaHighlights,Buru Energy’s 2H Resources expands hydrogen and helium exploration in Australia.,Exploration targets key geological areas for sustainable resource assessment.,Innovative techniques support environmentally responsible exploration.,Buru Ener...
CuFe’s exploration reveals high-grade gold within historical Tambourah rock chips
October 30, 2024 04:58 PM AEDT| By Team Kalkine MediaHighlights,CuFe has identified historical rock chip samples with grades of up to 11.9g/t gold at the Tambourah project.,Upcoming fieldwork aims to define the potential for economic drill targets.,Progress continues at West Arunta and Tennant Creek pr...
Plant operations are halted and lithium production is cut by Pilbara Minerals
October 30, 2024 04:50 PM AEDT| By Team Kalkine MediaHighlights,Pilbara Minerals has announced a reduction in annual lithium production in response to declining lithium prices.,The company will mothball its Ngungaju processing plant at the Pilgangoora lithium mine site starting December 1.,This strateg...
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