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 ASX Market Closing Report: Energy Stocks Propel Bourse Upward | April 28, 2025

ASX Market Closing Report: Energy Stocks Propel Bourse Upward | April 28, 2025

April 28, 2025 05:30 PM AEST| By Team Kalkine Media

Key Highlights,The ASX200 saw a moderate increase, driven by strength in Energy, IT, and Discretionary sectors.,Ainsworth Game Technology experienced a significant rise after acquisition news.,Brambles and Liontown Resources faced challenges, impacte...

 Gold Miners Under Pressure as Bullion Prices Dip from Record Highs

Gold Miners Under Pressure as Bullion Prices Dip from Record Highs

April 28, 2025 05:29 PM AEST| By Team Kalkine Media

Highlights:,Gold miners face declines in morning trade as bullion prices retract from their peak.,Major gold producers, including Regis Resources and Ramelius Resources, experience significant losses.,Despite recent price drops, gold continues to see...

 Zyft Secures Significant Investment and Appoints New CEO

Zyft Secures Significant Investment and Appoints New CEO

April 28, 2025 05:25 PM AEST| By Team Kalkine Media

Highlights:,Zyft raises in private funding to fuel growth and technology development.,The platform compares prices from a large network of Australian retailers and processes high volumes of daily product searches.,Richard Stevens, former CEO of Local...

 FTI Consulting Appointed as Receivers for Northern Iron

FTI Consulting Appointed as Receivers for Northern Iron

April 28, 2025 05:15 PM AEST| By Team Kalkine Media

Highlights:,FTI Consulting’s Hayden White and Daniel Woodhouse are appointed as receivers and managers for Northern Iron.,The receivership will oversee the Warrego Rehabilitation Project and the company’s assets.,Northern Iron’s operations at the War...

 Enhancing Safety in the Mining Sector with Technology

Enhancing Safety in the Mining Sector with Technology

April 28, 2025 05:13 PM AEST| By Team Kalkine Media

Highlights:,Digitalisation and AI are reshaping safety protocols in the mining industry.,Psychosocial risks have emerged as a concern due to reduced interpersonal interaction.,Recent developments highlight the importance of psychosocial safety in wor...

 WA Government Allocates for Exploration Incentive Scheme Grant Recipients

WA Government Allocates for Exploration Incentive Scheme Grant Recipients

April 28, 2025 05:04 PM AEST| By Team Kalkine Media

Highlights:,Western Australian Government dedicates to support exploration projects.,Co-funded drilling, geophysics, and energy analysis receive significant funding.,Exploration efforts focus on critical minerals and new deposit discoveries.,The West...

 Australian Rare Earths Finalizes Sheer Gold Farm-In Agreement

Australian Rare Earths Finalizes Sheer Gold Farm-In Agreement

April 28, 2025 05:01 PM AEST| By Team Kalkine Media

Highlights:,Australian Rare Earths completes farm-in agreement with Sheer Gold.,The company now owns full control of exploration licence EL6678.,Exploration results from the Overland Uranium Project show promising early signs.,Australian Rare Earths...

 Hamelin Gold Secures Co-Funding for West Tanami Project Exploration

Hamelin Gold Secures Co-Funding for West Tanami Project Exploration

April 28, 2025 04:57 PM AEST| By Team Kalkine Media

Highlights:,Hamelin Gold secures co-funding from the Western Australian Government’s Exploration Incentive Scheme (EIS).,The funds will support drilling and geophysics work at the West Tanami Project, focusing on mineralisation and conducting a surve...

 Philippine Airlines’ New Anniversary Dessert Selection Is a Love Letter to Filipino Heritage

Philippine Airlines’ New Anniversary Dessert Selection Is a Love Letter to Filipino Heritage

April 28, 2025 04:56 PM AEST| By EIN Presswire

Philippine Airlines' new limited time offer for business class passengers include a special 84th anniversary desserts. Trio Bite-Sized Dessert Plate Southern Chocolate Ganache Cake Slice Available fro...

 Alkane and Mandalay to Merge, Expanding Gold and Antimony Footprint

Alkane and Mandalay to Merge, Expanding Gold and Antimony Footprint

April 28, 2025 04:54 PM AEST| By Team Kalkine Media

Highlights:,Alkane Resources and Mandalay Resources announce a merger to form a diversified gold and antimony producer.,The merged entity will hold a robust cash balance, supporting organic and inorganic growth initiatives.,Former Mandalay shareholde...

 ASX Continues Winning Streak as Tech and Bank Stocks Shine

ASX Continues Winning Streak as Tech and Bank Stocks Shine

April 28, 2025 04:48 PM AEST| By Team Kalkine Media

Highlights,ASX extends rally with strong gains across sectors.,Tech stocks mirror Wall Street’s upbeat performance.,Banks bolster the market while miners lag.,The Australian share market notched its third consecutive session of gains, buoyed by posit...

 Western Mines Group Secures EIS Grants for Further Drilling at Mulga Tank

Western Mines Group Secures EIS Grants for Further Drilling at Mulga Tank

April 28, 2025 04:48 PM AEST| By Team Kalkine Media

Highlights:,Western Mines Group secures two Exploration Incentive Scheme grants totaling $440,000 for drilling at Mulga Tank Project.,Funding to be used for a deep exploration hole and two diamond drillholes within the Mulga Tank Complex.,The grants...

 ASX Consumer Stocks Face Challenges Amid Tariff Concerns

ASX Consumer Stocks Face Challenges Amid Tariff Concerns

April 28, 2025 04:41 PM AEST| By Team Kalkine Media

Highlights:,Flight Centre and Brambles issue profit warnings due to tariff impacts on their operations.,Tariffs threaten the profitability of companies like Yowie, Bubs, and Reliance Worldwide.,The Australian stock market is showing signs of strength...

 Australia's Critical Minerals Strategy: Evaluating the Government's Approach

Australia's Critical Minerals Strategy: Evaluating the Government's Approach

April 28, 2025 04:36 PM AEST| By Team Kalkine Media

Highlights:,The Minerals Council of Australia raises concerns about the Critical Minerals Strategic Reserve and its unclear merits.,The Australian government outlines a strategy for critical minerals, focusing on national offtake agreements and stock...

 ASX Stocks: Weekly Review of 52-Week Highs and Lows – Week 18

ASX Stocks: Weekly Review of 52-Week Highs and Lows – Week 18

April 28, 2025 04:35 PM AEST| By Team Kalkine Media

Highlights:,Materials sector leads,with a strong number of stocks hitting fresh 52-week highs, led by prominent gold stocks.,Defensive sectors,such as Financials and Telecommunication continue to see upward momentum.,Gold stocks face setbacks,, with...

 Critica Strengthens Cash Position with R&D Tax Refund

Critica Strengthens Cash Position with R&D Tax Refund

April 28, 2025 04:32 PM AEST| By Team Kalkine Media

Highlights:,Critica receives refund under the R&D Tax Incentive Program.,Refund supports ongoing metallurgical and satellite drilling programs at the Brothers Clay Hosted Rare Earth Project.,The company continues to advance its beneficiation testwork...

 SSE Composite Set for Modest Start Amid Global Positive Sentiment

SSE Composite Set for Modest Start Amid Global Positive Sentiment

April 28, 2025 04:30 PM AEST| By Team Kalkine Media

Key Highlights:,Global optimism boosts outlook for Shanghai's SSE Composite.,Domestic economic conditions may limit gains.,Key sectors like financials and consumer stocks may see interest.,Shanghai’s SSE Composite Index is set for a stable start on A...

 Vertex Minerals Expands Production Capabilities at Reward Mine in New South Wales

Vertex Minerals Expands Production Capabilities at Reward Mine in New South Wales

April 28, 2025 04:26 PM AEST| By Team Kalkine Media

Highlights:,Vertex Minerals identifies additional stope blocks at Reward Mine to enhance production.,The newly developed stopes will be used alongside existing production methods.,The additional stopes contain significant inferred resources of gold.,...

 Tempest Minerals Announces Capital Raising for Gold and Iron Exploration Projects

Tempest Minerals Announces Capital Raising for Gold and Iron Exploration Projects

April 28, 2025 04:20 PM AEST| By Team Kalkine Media

Highlights:,Tempest Minerals plans to raise funds for its Western Australian gold exploration projects and Remorse iron discovery.,The company will issue shares and options to raise funds, alongside a non-renounceable entitlement issue for existing s...

 Trump's Trade Turmoil Sends Shockwaves Through Australian Corporate Earnings

Trump's Trade Turmoil Sends Shockwaves Through Australian Corporate Earnings

April 28, 2025 04:17 PM AEST| By Team Kalkine Media

Highlights,Trump’s tariff turbulence impacts Australian businesses.,Offshore-focused companies face early earnings pressures.,"Confession season" reveals more potential downgrades ahead.,Australian sharemarkets are bracing for a turbulent period as c...

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