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 ASX Midday Update: Consumer Staples Edge Higher, Energy Stocks Decline Amid Crude Weakness

ASX Midday Update: Consumer Staples Edge Higher, Energy Stocks Decline Amid Crude Weakness

April 11, 2025 02:00 PM AEST| By Team Kalkine Media

Highlights,Consumer staples emerged as the only sector in positive territory on the,ASX 200,by midday.,Woolworths (WOW) implemented a new operating model across New Zealand locations.,Energy sector declined as Santos (STO) explores overseas LNG ventu...

 Australian Share Market Slides Amid Global Trade Tensions; Gold Prices Surge

Australian Share Market Slides Amid Global Trade Tensions; Gold Prices Surge

April 11, 2025 01:58 PM AEST| By Team Kalkine Media

Highlights:,Australian share market declines as global trade concerns escalate,Gold prices surge to record levels amid market uncertainty,Wall Street reverses gains after brief pause in tariff developments,The Australian share market witnessed a down...

 Pantoro Unearths High-Grade Gold Potential at OK Underground Mine

Pantoro Unearths High-Grade Gold Potential at OK Underground Mine

April 11, 2025 12:47 PM AEST| By Team Kalkine Media

Highlights,High-grade gold intercepts confirmed at OK Underground Mine,Drilling extends,mineralisation,at depth and along strike,Production and development advancing across Norseman project,Pantoro Ltd (ASX:PNR) has announced promising new high-grade...

 Altech Batteries Showcases Fire-Safe Battery Breakthrough with Promising Test Results

Altech Batteries Showcases Fire-Safe Battery Breakthrough with Promising Test Results

April 11, 2025 12:45 PM AEST| By Team Kalkine Media

Highlights,CERENERGY® battery passes key safety and performance tests.,Uses non-flammable sodium chloride instead of lithium.,Targets grid and data,centre,markets for energy safety.,Altech Batteries Ltd (ASX:ATC) has announced promising developments...

 4DMedical’s Lung Imaging Tech Gains Global Traction in Breakthrough Respiratory Trials

4DMedical’s Lung Imaging Tech Gains Global Traction in Breakthrough Respiratory Trials

April 11, 2025 12:43 PM AEST| By Team Kalkine Media

Highlights,4DMedical partners with global firms on advanced lung disease therapies.,Software to support clinical trials for COPD and implantable lung,device,.,U.S. veterans’ healthcare initiative integrates 4DMedical’s diagnostic tech.,4DMedical’s (A...

 OpenLearning Expands Work-Readiness Portfolio with Strategic Acquisition of Employability Advantage Assets

OpenLearning Expands Work-Readiness Portfolio with Strategic Acquisition of Employability Advantage Assets

April 11, 2025 12:41 PM AEST| By Team Kalkine Media

Highlights,OpenLearning,acquires,ECA’s Employability Advantage content.,Integration brings career-focused tools to its LMS platform.,Global delivery to scale up work-readiness resources.,OpenLearning (ASX:OLL) is set to strengthen its digital learnin...

 Stealth Group’s Debt Looks Manageable Amid Strong Cash Flow Performance

Stealth Group’s Debt Looks Manageable Amid Strong Cash Flow Performance

April 11, 2025 12:36 PM AEST| By Team Kalkine Media

Highlights,Stealth Group Holdings shows strong free cash flow compared to earnings,Recent debt,increase,manageable relative to its market cap,Interest coverage ratio,remains,an area to monitor,Stealth Group Holdings (ASX:SGI) has seen a notable uptic...

 Far East Gold Uncovers High-Grade Zone, Expands Drilling at Idenburg Project

Far East Gold Uncovers High-Grade Zone, Expands Drilling at Idenburg Project

April 11, 2025 12:35 PM AEST| By Team Kalkine Media

Highlights,New high-grade gold zone discovered at,Idenburg,Project,Drilling campaign expanded to include East,Burma,zone,Only 30% of project area explored to date,Far East Gold Ltd (ASX:FEG) has announced the discovery of a new high-grade quartz vein...

 Elixir Energy Maps 2025 Growth with New Drilling and Strategic ATP 2077 Plans

Elixir Energy Maps 2025 Growth with New Drilling and Strategic ATP 2077 Plans

April 11, 2025 12:33 PM AEST| By Team Kalkine Media

Highlights,Drilling program fully funded for 2025.,Fast,monetisation,potential at Diana-1.,Strategic partnership helps offset exploration costs.,Elixir Energy (ASX:EXR) has outlined a clear roadmap for its ATP 2077 project, setting the stage for a bu...

 Kinatico Sees Strong SaaS Growth with Launch of ComplianceX Platform

Kinatico Sees Strong SaaS Growth with Launch of ComplianceX Platform

April 11, 2025 12:32 PM AEST| By Team Kalkine Media

Highlights,SaaS revenue jumps 60% YoY in March quarter.,ComplianceX,platform launched to streamline workforce compliance.,Total Q3 revenue reaches $8.1 million.,Kinatico (ASX:KYP), a provider of workforce compliance and verification technology, has p...

 Riversgold Unveils Promising Gold Results at Kalgoorlie East’s Northern Zone

Riversgold Unveils Promising Gold Results at Kalgoorlie East’s Northern Zone

April 11, 2025 12:29 PM AEST| By Team Kalkine Media

Highlights,Consistent high-grade gold intercepts reported.,Exploration footprint expands at Northern Zone.,Further assays pending from,additional,drilling.,Riversgold Ltd (ASX:RGL) has reported encouraging new assay results from its Northern Zone Int...

 Piedmont and Sayona Unite to Launch Elevra Lithium, Eyeing North American Dominance

Piedmont and Sayona Unite to Launch Elevra Lithium, Eyeing North American Dominance

April 11, 2025 12:22 PM AEST| By Team Kalkine Media

Highlights,Piedmont and Sayona form,Elevra,Lithium.,Targeting largest lithium production in North America.,Balanced leadership from both merging companies.,Piedmont Lithium (ASX:PLL) and Sayona Mining (ASX:SYA) are set to combine forces to create a n...

 Netwealth Surges on Strong Q3 Performance and Upbeat Flow Outlook

Netwealth Surges on Strong Q3 Performance and Upbeat Flow Outlook

April 11, 2025 12:19 PM AEST| By Team Kalkine Media

Highlights,Netwealth shares jumped 16.6% after,quarterly,update.,Funds under administration up 29% in Q3.,Extended net flow guidance to FY26 boosts sentiment.,Shares in investment platform Netwealth (ASX:NWL) soared on Thursday following the release...

 Gold Surges Past $US3200, Boosting Mining Stocks Like (NYSE:NEM) and (ASX:DEG)

Gold Surges Past $US3200, Boosting Mining Stocks Like (NYSE:NEM) and (ASX:DEG)

April 11, 2025 12:16 PM AEST| By Team Kalkine Media

Highlights,Gold hits all-time high above $US3200,Miners dominate top stock gains,Market reacts to global uncertainty,Gold prices reached a new record on Friday, pushing past $US3200 an ounce and fueling strong momentum across mining stocks. The surge...

 Dart Mining Moves Closer to Strategic Antimony-Gold Expansion in Queensland

Dart Mining Moves Closer to Strategic Antimony-Gold Expansion in Queensland

April 11, 2025 12:14 PM AEST| By Team Kalkine Media

Highlights,Dart Mining wraps up due diligence on,Coonambula,Project.,Initial drilling to begin at historic Banshee Antimony Mine.,Plans in motion for JORC-compliant resource estimate.,Dart Mining (ASX:DTM) is making steady progress in its strategic e...

 Coles and Woolworths Offer Resilience as ASX Tumbles on Trade Tensions

Coles and Woolworths Offer Resilience as ASX Tumbles on Trade Tensions

April 11, 2025 12:13 PM AEST| By Team Kalkine Media

Highlights,Coles and Woolworths,gain,despite,broader,market downturn.,Consumer staples outperform amid global trade war concerns.,Defensive sectors attract renewed investor attention.,In a challenging session for the Australian share market, supermar...

 EBOS Group Secures $200M to Boost Global Expansion Plans

EBOS Group Secures $200M to Boost Global Expansion Plans

April 11, 2025 12:12 PM AEST| By Team Kalkine Media

Highlights,EBOS raises $200 million through equity placement,Funds to support recent acquisitions and growth,Additional $50 million targeted via retail offer,Healthcare and animal care products distributor EBOS Group (ASX:EBO) has successfully raised...

 Legal Heat Intensifies: Mayne Pharma Faces Contract Dispute Over 2022 Licensing Deal

Legal Heat Intensifies: Mayne Pharma Faces Contract Dispute Over 2022 Licensing Deal

April 11, 2025 10:59 AM AEST| By Team Kalkine Media

Highlights,Mayne Pharma embroiled in legal dispute with TherapeuticsMD,Allegations tied to a $153M women’s health portfolio deal,Legal claims include breach of contract and unjust enrichment,Mayne Pharma (ASX:MYX) is under scrutiny following legal ac...

 Lindian Resources (ASX:LIN) Advances Rare Earths Project in Malawi with Early Site Works

Lindian Resources (ASX:LIN) Advances Rare Earths Project in Malawi with Early Site Works

April 11, 2025 10:55 AM AEST| By Team Kalkine Media

Highlights,Early infrastructure works underway at,Kangankunde,Project.,Over 70%,local,workforce,employed,at site.,Metallurgical testing begins for high-grade rare earth,concentrate,.,Lindian Resources (ASX:LIN) has reached a major development milesto...

 Worley’s Earnings Growth Faces Uncertainty Amid Weak Return Metrics

Worley’s Earnings Growth Faces Uncertainty Amid Weak Return Metrics

April 11, 2025 10:54 AM AEST| By Team Kalkine Media

Highlights,Worley's return on equity,remains,below industry average.,High payout ratio limits reinvestment potential.,Earnings growth could slow,based,on current forecasts.,Worley Limited (ASX:WOR), a global engineering services company, has seen its...

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