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Video
PointsBet has upgraded its earnings guidance for FY24
May 20, 2024 08:00 AM AEST| By Team Kalkine MediaGaming company PointsBet has upgraded its earnings guidance for FY24. The company said it now expects to report a FY24 loss of between $4 million to $6 million, which is an improvement on its previously reported FY24 guidance of a loss in the range o...
Core Lithium has appointed Paul Brown as its next chief executive, commencing in June
May 20, 2024 07:30 AM AEST| By Team Kalkine MediaCore Lithium has appointed Paul Brown as its next chief executive, commencing in June. Brown is currently chief executive of rare earth miner Hastings Technology Metals and has also worked at lithium darling Mineral Resources as chief executive offic...
ASX to rise. Core Lithium gets a new CEO.
May 20, 2024 07:00 AM AEST| By Team Kalkine MediaThe Australian share market is expected to open higher. Core Lithium appoints Paul Brown as its next chief executive. Elders cuts its interim dividend by 22 per cent. PointsBet upgrades its earnings guidance for FY24...
Encounter Resources has intersected high grade copper mineralisation
May 17, 2024 09:46 AM AEST| By Team Kalkine MediaEncounter Resources says its first drilling at the Sandover project which is located 170km north of Alice Springs, has intersected high grade copper mineralisation. The mineral exploration company says the mineralisation has been identified in both r...
Star Entertainment’s licence suspension for its Gold Coast and Brisbane casinos gets extended
May 17, 2024 09:00 AM AEST| By Team Kalkine MediaStar Entertainment’s licence suspension for its Gold Coast and Brisbane casinos has been extended from May 2024 to December 2024, as ordered by the Queensland government. Regulators require more time to assess the results of the second Bell inquiry i...
Forbes' highest-paid athletes revealed, Ronaldo scores
May 17, 2024 08:30 AM AEST| By Team Kalkine MediaCristiano Ronaldo has once again secured the number one position on Forbes' list of highest-paid athletes. This prestigious ranking highlights his exceptional earning power, combining both his substantial salary and numerous lucrative endorsement dea...
Chimeric Therapeutics reopens enrolment for Phase 1B study of CHM CORE NK plus vactosertib
May 17, 2024 08:00 AM AEST| By Team Kalkine MediaChimeric Therapeutics, a clinical-stage cell therapy company, announced the reopening of its Phase 1B study on Thursday, focusing on advancing cancer research. This study is a critical step in evaluating the safety and efficacy of their innovative ce...
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Lendlease sells its life sciences.
May 17, 2024 07:30 AM AEST| By Team Kalkine MediaLendlease has agreed to sell its life sciences interests in Asia for $147 million to a newly established 50/50 joint venture with Warburg Pincus, creating a specialist real estate platform focussed on the growing life sciences sector in Asia Pacific....
ASX to fall. Lendlease sells its life sciences.
May 17, 2024 07:00 AM AEST| By Team Kalkine MediaThe Australian share market is expected to open lower. Lendlease agreed to sell its life sciences interests in Asia for $147 million. Star Entertainment’s licence suspension for its Gold Coast and Brisbane casinos gets extended. Encounter Resources h...
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Alphabet unveils flashier AI to rival OpenAI
May 15, 2024 12:15 PM AEST| By Team Kalkine MediaGoogle's parent company, Alphabet, made waves on Tuesday by unveiling its latest advancements in artificial intelligence, demonstrating a sleeker, more sophisticated AI-powered search engine and chatbot. This move represents Alphabet's strategic mane...
What the new US tariffs on China mean for Australia
May 15, 2024 10:00 AM AEST| By Team Kalkine MediaThe Biden administration announced on Tuesday new tariffs on US$18 billion worth of Chinese imports, aimed at safeguarding American industries from unfair competition, which could be good news for Australia’s critical mineral exports....
Raiden Resources received the final heritage survey report for its Andover South Project
May 15, 2024 09:00 AM AEST| By Team Kalkine MediaRaiden Resources has received the final heritage survey report for its priority lithium bearing pegmatite targets at the Andover South Project. The exploration company said the report confirms the key target areas where drilling is planned are clear...
CSR reports net profit of $240 million, up 7%.
May 15, 2024 08:30 AM AEST| By Team Kalkine MediaCSR reported a net profit for the 2024 financial year of $240 million, up 7% on the previous year, with trading revenue flat at $2.6 billion. But the group’s aluminium business posted a loss of $29 million over the year, driven by higher energy costs...
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Federal budget winners
May 15, 2024 08:00 AM AEST| By Team Kalkine MediaThe Australian government revealed its third federal budget, marking a second year in a row of achieving a surplus. The budget prioritized households and the renewable energy sector, ensuring they receive significant benefits....
The Australian Agricultural Company posted a full-year net loss of $94.6 million,
May 15, 2024 07:30 AM AEST| By Team Kalkine MediaThe Australian Agricultural Company posted a full-year net loss of $94.6 million, which is a stark contrast from reporting a profit of $4.6 million the previous year, after the company said it was a “challenging” year. The Agricultural Company said w...
ASX to rise. CSR reports net profit of $240 million, up 7%.
May 15, 2024 07:00 AM AEST| By Team Kalkine MediaThe Australian share market is expected to open higher. Australian Agricultural Company posts full-year net loss of $94.6 million. CSR reports net profit of $240 million, up 7%. Raiden Resources receives final heritage survey report for Andover South...
Westgold Resources continues to extend mineralisation at Bluebird – South Junction Project
May 14, 2024 04:38 PM AEST| By Team Kalkine MediaWestgold Resources continues to extend mineralisation to the ongoing exploration and resource development program at the company’s Bluebird – South Junction Project. The West Australian gold producer said the full resource conversion programme is pro...
Pacific Current Group has sold part of its stake in Pennybacker Capital Management
May 14, 2024 02:30 PM AEST| By Team Kalkine MediaAsset management firm Pacific Current Group has sold part of its stake in Pennybacker Capital Management to Goldman Sachs Asset Management’s Petershill program. The deal will include selling 55% of Pacific’s 16.5% equity stake in Pennybacker, earning...
Anglo American rejects BHP’s new offer
May 14, 2024 12:44 PM AEST| By Team Kalkine MediaAnglo American has rejected BHP’s second takeover offer overnight in London. The revised bid offered shareholders 15% more than the initial offer put forward back in April. Under the Revised Proposal, BHP had increased the number of BHP shares that w...
ASX to fall. Anglo American rejects BHP’s new offer
May 14, 2024 12:42 PM AEST| By Team Kalkine MediaThe Australian share market is expected to open lower Anglo American rejects BHP’s second takeover offer. Pacific Current Group sells part of its stake in Pennybacker Capital Management. Westgold Resources continues to extend mineralisation at Bluebi...
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