Stocks
New Share Issuance by Suvo Strategic Minerals Registered on ASX
October 29, 2024 03:20 PM AEDT| By Team Kalkine MediaHighlights:,Suvo Strategic Minerals Limited has issued 41,666,666 fully paid ordinary shares on the Australian Securities Exchange.,This issuance is part of a strategic initiative aimed at enhancing the company’s financial position.,The development m...
Qantas Shares Gains Under Consideration for Realization
October 29, 2024 03:17 PM AEDT| By Team Kalkine MediaHighlights:,Qantas Airways Ltd (ASX:QAN) shares have increased by 0.3%, trading at $8.145, marking over a 69% rise from the previous year.,Bell Potter Securities analyst Christopher Watt has issued a sell rating on Qantas shares, citing potential hea...
ASX Suspension Noted as Gas2Grid Secures Contract in the Philippines
October 29, 2024 03:09 PM AEDT| By Team Kalkine MediaHighlights:,Gas2Grid Limited's application for a new service contract in Cebu has been approved by the Department of Energy in the Philippines, facilitating continued oil and gas exploration.,The company is actively engaging in joint venture discussi...
Mineral Resources Share Price Enhanced by 7% Following ASX Inquiry Resolution
October 29, 2024 03:04 PM AEDT| By Team Kalkine MediaHighlights:,Mineral Resources Ltd (ASX:MIN) shares rose 7.7% to an intraday high of $37.18 following a company response to market inquiries.,The ASX's inquiries related to allegations against CEO Chris Ellison and company payments to offshore entitie...
BHP Group (ASX:BHP) Shares Spotlighted After Samarco Settlement in Brazil
October 29, 2024 03:00 PM AEDT| By Team Kalkine MediaHighlights,BHP reaches a significant final settlement on Samarco’s Fundão dam incident.,Agreement allocates financial support for impacted communities, environment, and infrastructure.,US$31.7 billion committed towards reparations, with funds allocat...
Element 25 (ASX:E25) Boosts Butcherbird Manganese Resource Estimates
October 29, 2024 02:49 PM AEDT| By Team Kalkine MediaHighlights,Element 25 increases resource estimates at Butcherbird Manganese Project in Western Australia.,New drilling data shows 142% growth in measured and indicated resources.,Total mineral resource reaches 274 million tonnes at 10% manganese.,Ele...
Rimfire Pacific Mining (ASX:RIM) Ends Partnership with Golden Plains Resources
October 29, 2024 02:30 PM AEDT| By Team Kalkine MediaHighlights,Rimfire Pacific Mining,terminates,partnership with Golden Plains Resources at Avondale.,GPR previously removed from Rimfire's Fifield scandium project.,Legal arbitration expected as GPR challenges contract termination.,In a decisive move,...
Kelsian Group (ASX:KLS) Faces Significant Shareholder Pushback on Executive Pay
October 29, 2024 02:22 PM AEDT| By Team Kalkine MediaHighlights,Kelsian,Group faces a strong shareholder protest,on,executive pay at its annual meeting.,The company saw a substantial drop in share value following unexpected cost overruns.,New Chairwoman Fiona Hele led her first AGM amidst shareholder c...
Kinetiko Energy (ASX:KKO) Advances Second Well in South Africa Gas Test Program
October 29, 2024 02:20 PM AEDT| By Team Kalkine MediaHighlights,Kinetiko,Energy,initiates,the second well in its five-well gas production test program.,Program supports South Africa's energy needs with promising data on gas flow rates.,Proximity to key infrastructure,facilitates,seamless delivery to th...
Aurumin Ltd Eyes Joint Venture with Brightstar for WA Sandstone Project
October 29, 2024 02:19 PM AEDT| By Team Kalkine MediaHighlights,Aurumin,Ltd received a proposal for a potential joint venture with Brightstar Resources.,Central Sandstone Project, rich in gold history, offers substantial processing infrastructure.,The board has,initiated,a review process,on,the proposa...
Santos Ltd Faces Federal Court Scrutiny Over Environmental Claims
October 29, 2024 01:51 PM AEDT| By Team Kalkine MediaHighlights,Federal Court reviews Santos,Ltd's,net zero emissions claims in landmark case.,Australasian Centre for Corporate Responsibility alleges "greenwashing" by Santos.,Case could set global precedent for corporate environmental accountability.,I...
ANZ’s Suncorp Bank Acquisition Faces $196 Million Charge Adjustment
October 29, 2024 01:31 PM AEDT| By Team Kalkine MediaHighlights,ANZ reports a $196 million charge after,acquiring,Suncorp Bank.,Charge includes adjustments for software,amortisation,and credit impairment.,Impact on capital minimal; no change to Suncorp Bank's assessed value.,The ANZ Group Holdings Ltd...
Analyzing Insider Activity at Clarity Pharmaceuticals Ltd (ASX:CU6) Amid Recent Stock Surge
October 29, 2024 01:29 PM AEDT| By Team Kalkine MediaHighlights,Clarity,Pharmaceuticals,shares surged 11%, but insiders sold earlier at a lower price.,Significant insider ownership of 18% aligns with shareholder interests.,No insider transactions recorded in the past three months.,Clarity Pharmaceutica...
Gold Holds Steady as Market Awaits Key US Data and Election Developments
October 29, 2024 01:27 PM AEDT| By Team Kalkine MediaHighlights,Gold prices,remain,steady above $2,746 per ounce amid economic anticipation.,Traders closely,monitor,upcoming US inflation and payroll data.,Federal Reserve decision and election outcomes add to market caution.,Gold prices are holding stea...
Element 25 Expands Butcherbird Project with Significant Resource Upgrade
October 29, 2024 01:25 PM AEDT| By Team Kalkine MediaHighlights,Element 25 reports substantial increase in Butcherbird’s measured and,indicated,manganese resources.,New estimate highlights longer mine life and extended reserve potential for Butcherbird.,Expansion aligns with Element 25’s plans for low-...
Synertec Corporation Prepares for Leadership Transition with Chair-Elect Appointment
October 29, 2024 01:23 PM AEDT| By Team Kalkine MediaHighlights:,Synertec,Corporation Ltd announces Johannes Risseeuw as chair-elect.,Dennis Lin, current chair,,set,to retire in February 2025.,Board transition aims to strengthen growth in,Technology,and Engineering sectors.,Synertec Corporation Ltd (AS...
Myer Expands Reach with Major Acquisition of Premier Investment’s Apparel Brands
October 29, 2024 01:21 PM AEDT| By Team Kalkine MediaHighlights,Myer to merge with Premier’s apparel brands across Australia and New Zealand.,Premier's,chairman,gains board seat and a 30% stake in the combined entity.,Expansion aligns with Myer's strategic focus on strengthening retail operations.,Myer...
BlueScope (ASX:BSL) Adjusts Profit Forecast Amid Inflationary Pressures
October 29, 2024 01:20 PM AEDT| By Team Kalkine MediaHighlights,BlueScope Steel lowers profit guidance for early fiscal 2025 due to inflationary pressures.,Updated earnings expectations reflect global industry challenges, particularly in East Asia.,Company,anticipates,impact from U.S. economic uncertai...
Australian Share Market Gains Amid Premier Investments' Surge, BlueScope's Decline
October 29, 2024 12:38 PM AEDT| By Team Kalkine MediaHighlights,Australian,sharemarket,rises as Premier Investments gains.,Myer announces acquisition of Premier’s apparel brands.,BlueScope and energy stocks face declines.,The Australian share market opened with positive momentum, reflecting gains from...
Magnetite Mines Ltd Acknowledges Former Chair Jim McKerlie’s Impact on the Company
October 29, 2024 12:17 PM AEDT| By Team Kalkine MediaHighlights,Magnetite Mines Ltd recognizes former chair Jim,McKerlie’s,significant contributions.,McKerlie,resigns due to personal and business commitments after over two years of service.,Board expresses appreciation for,McKerlie's,dedication and vis...
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