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Walk through MRG Metals’ developments and opportunities
June 06, 2022 06:29 PM AEST| By SukritiHighlights MRG Metals Limited (ASX:MRQ) has a world-class Joint Ore Reserve Committee (JORC) classified Heavy Mineral Sands (HMS) discovery in the bag and is working on Scoping Study and Preliminary Economic Analysis- towards production. The Co.....
Weighed by tech stocks, ASX 200 closes 0.5% lower
June 06, 2022 06:21 PM AEST| By SukritiHighlights At market close, ASX 200 fell 0.5%, or 32.5 points, to 7206.3. While the market was weighed down by losses in the technology sector, energy sector was the strongest performer. Equities in Asian markets make a sluggish start to the w.....
How Troy’s (ASX:TRY) massive recapitalisation plan will change its structure
June 06, 2022 06:20 PM AEST| By Nitish KumarHighlights Troy Resources’ massive recapitalisation program would see a substantial change in the Company’s share capital and shareholding. Troy is expecting to convert nearly AU$20 million of its debts into equity and raise approxi...
BRN, CXO, LKE, NHC: These stocks to be included in ASX 200 index from 20 June
June 06, 2022 06:13 PM AEST| By RitwikaHighlights BRN, CXO, LKE and NHC performed exceptionally well in the past one year on the ASX These companies have also delivered substantial earnings growth All the above stocks have gained investors’ attention after the news of S&P.....
Why is Harmony (ONE) crypto rising today?
June 06, 2022 05:42 PM AEST| By Raza NaqviHighlights Harmony (ONE) is based on an innovative mechanism like the proof-of-stake (PoS). The rise in the price of the Harmony (ONE) crypto could be due to an overall growth of the market. The Harmony mainnet promises to reinvent block creat.....
AVL, NMT, TMT: How are these ASX vanadium stocks performing?
June 06, 2022 04:53 PM AEST| By Bhawna GuptaHighlights Vanadium is generally used to make stronger and more heat resistant steel. Most of the vanadium stocks traded in red today. This is in line with ASX 200 Materials Index, which was also down. Vanadium is a ductile metal that is .....
STO, BPT, WHC: Why these energy shares are on a roll this year?
June 06, 2022 04:46 PM AEST| By Priyanka PayalThe energy sector is the best performing sector on the ASX today. The S&P/ASX 200 Energy (Sector) XEJ was up over 1.5% in the afternoon trade outperforming the broader ASX 200 benchmark, which was down over 0.40% at the time of drafting this ar.....
What’s happening with STEEM crypto price today?
June 06, 2022 04:25 PM AEST| By Ankit SethiHighlights The Steem blockchain has not one but multiple assets including the STEEM crypto and SBD token Steemit is said to be the front end interface that enables interaction with Steem’s blockchain The STEEM token is one of the top 200.....
Clarity Pharmaceuticals’ (ASX:CU6) new milestone: FDA approves imaging trial
June 06, 2022 04:23 PM AEST| By Aditi SarkarHighlights Clarity Pharmaceuticals (ASX:CU6) has marked a major leap related to the development of SAR-Bombesin product. The US FDA approval allows the product evaluation as an imaging agent in prostate cancer patients that are PSMA-negative. .....
Australia's new cabinet has record number of women!
June 06, 2022 03:47 PM AEST| By Toshiva JainHighlights Among 23 members of the newly formed Australian cabinet, 10 are women. Eminent appointments include Penny Wong as Foreign Minister, Claire O'Neil for the post of Home Affairs and Cyber Security Minister, Katy Gallagher being Finance .....
RBA to lift cash rate on Tuesday: What to expect?
June 06, 2022 02:19 PM AEST| By Akanksha VashishtHighlights The Reserve Bank is expected to conduct its second interest rate hike in the June monetary policy meeting. Inflationary pressures have taken a toll on households, with little relief offered through wages growth. Market expectations .....
Crypto Catch: ACCC says money lost in crypto scams nearly doubled this year
June 06, 2022 01:46 PM AEST| By Daniel Paul JohnsHighlights The ACCC on Monday said that Australians had more than doubled their total scam losses this year so far compared to the same time in 2021 Cryptocurrency’s popularity exploded during the pandemic thanks to a marked increase in t.....
Two cryptos rising today: Steem Dollars (SBD) & Plutonians (PLD)
June 06, 2022 12:15 PM AEST| By Ankit SethiHighlights Bitcoin is up only marginally at the moment, but a few altcoins have registered sharp gains Not all cryptos gaining today have a high trading volume, which is indicative of fewer traders The SBD token is linked to a blockchain netwo.....
VRX Silica (ASX: VRX) focused on contributing to net-zero future
June 06, 2022 12:10 PM AEST| By DaminiAustralia-based VRX Silica Limited (ASX:VRX) aims to reduce risk, build resilience in its operations, and drive long-term, sustainable value for its stakeholders. Towards this end, the Company has committed to operating its business in a low carbon.....
ASX200 to open lower amid global recessionary expectations
June 06, 2022 09:06 AM AEST| By Sukriti NairHighlights ASX200 is expected to start the second week of June on a lower note. Investors speculate a pause in US Fed’s rate hikes in September. Oil prices are strong while the gold prices remain lower. Australian shares are expecte.....
ASX200 to open lower amid global recessionary expectations
June 06, 2022 08:45 AM AEST| By Sukriti NairAustralian shares are likely to open a tad lower on Monday, impacted by a fall on Wall Street. This decline was witnessed when a 'remarkably strong' US job report smashed hopes of a softer pace of Federal Reserve interest rate increases. Also, t...
What’s the fate of AVZ’s Manono Lithium project?
June 05, 2022 12:15 AM AEST| By Arpit VermaAustralia-based mineral exploration company AVZ Minerals Limited (ASX:AVZ) is entangled in a legal dispute related to the ownership of the Manono Lithium Project, probably one of the most significant lithium deposits in the world. Shares of the Co.....
How does Labor plan to help first home buyers?
June 05, 2022 12:10 AM AEST| By Toshiva JainThe Labor party has taken over as the new federal government of Australia and people now wonder how the financial and social strategies are going to be. With the election fever finally over, Australians wait to see whether the government will.....
How Albanese govt plans to breathe new life into Australian economy
June 05, 2022 12:05 AM AEST| By ManishaHighlights Emerging as the winner in the 2022 Australian federal election, the Labor Party has come to power under the leadership of Anthony Albanese. PM Albanese is focused on strengthening Australia’s economy and make the country strong.....
Here’s why crude oil is hovering above US$100/bbl?
June 05, 2022 12:00 AM AEST| By Arpit VermaCrude oil prices have likely found a home near the three-digit mark of US$100/bbl. On a yearly basis, the prices of both crude oil benchmarks are currently trading 60% higher compared to the corresponding period last year. Curtailed production fro.....
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