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 ASX Tumbles as Global Markets React to Rising Tariffs; Gold Miners Shine Bright

ASX Tumbles as Global Markets React to Rising Tariffs; Gold Miners Shine Bright

April 11, 2025 12:38 PM AEST| By Team Kalkine Media

Highlights,ASX drops 1.4% as global market sentiment weakens.,Energy and tech sectors lead the market downturn.,Gold miners rally on record bullion prices.,The Australian sharemarket experienced a broad decline on Friday, mirroring volatility on Wall...

 Nanocap CobaltBlue sets sights on establishing Australia's inaugural cobalt refinery in Western Australia.

Nanocap CobaltBlue sets sights on establishing Australia's inaugural cobalt refinery in Western Australia.

April 11, 2025 12:30 PM AEST| By Team Kalkine Media

Highlights:,CobaltBlue has entered a binding pre-FID consortium deed with Iwatani Australia for a proposed cobalt refinery.,The Kwinana facility aims to produce battery-grade cobalt sulphate or metal to strengthen Australia's position in the critical...

 Trump's Tariff Bombshell Shakes Markets: Opportunity or Orchestration?

Trump's Tariff Bombshell Shakes Markets: Opportunity or Orchestration?

April 11, 2025 12:30 PM AEST| By Team Kalkine Media

Highlights:,Major tariffs on Chinese imports reshape trade relations and impact global supply chains,Select industry sectors show resilience while others decline amid policy volatility,ASX 100 sees notable gainers and losers as markets react to trade...

 Australian Market Dips Sharply Amid US-China Trade Tensions

Australian Market Dips Sharply Amid US-China Trade Tensions

April 11, 2025 12:21 PM AEST| By Team Kalkine Media

Highlights,ASX 200 slips over 2% in early trade.,All 11 sectors,open,in negative territory.,Major banks, miners, and healthcare stocks see heavy losses.,Australian shares faced a broad-based decline in early trading, as global investor sentiment weak...

 Aussie Dollar Surges as US Dollar Faces Steepest Decline Since 2022

Aussie Dollar Surges as US Dollar Faces Steepest Decline Since 2022

April 11, 2025 12:18 PM AEST| By Team Kalkine Media

Highlights,Australian dollar bounces back strongly,US dollar suffers steepest drop since 2022,Market volatility tied to US fiscal developments,The Australian dollar staged a sharp comeback, rising above US62¢ for the first time in a week as global cu...

 Wall Street Rebounds on Optimism as UBS Upgrades Outlook for US Stocks

Wall Street Rebounds on Optimism as UBS Upgrades Outlook for US Stocks

April 11, 2025 12:10 PM AEST| By Team Kalkine Media

Highlights,UBS shifts US equities view to a more favorable stance,Economic slowdown concerns seen as overestimated,Market volatility potentially cushioned by White House policy shifts,UBS has revised its outlook on US equities, moving from a “neutral...

 Novartis Commits $37B to US Manufacturing Amid Rising Tariff Concerns

Novartis Commits $37B to US Manufacturing Amid Rising Tariff Concerns

April 11, 2025 12:06 PM AEST| By Team Kalkine Media

Highlights,Novartis announces $37B US manufacturing expansion,10 facilities planned, including six new plants,Strategy aims to navigate US tariff uncertainty,Swiss pharmaceutical giant Novartis (SWX:NOVN) has unveiled plans for a significant expansio...

 HotCopper Trends for Friday: MTM Takes Off, Legacy Drake Delivers 'Outstanding' Results | April 11, 2025

HotCopper Trends for Friday: MTM Takes Off, Legacy Drake Delivers 'Outstanding' Results | April 11, 2025

April 11, 2025 11:30 AM AEST| By Team Kalkine Media

Highlights:,MTM Critical Metals,(ASX:MTM),gains attention through advancements in electro-thermal processing within the resource technology sector.,Legacy Minerals,(ASX:LGM),sees heightened visibility following the latest developments at its Drake ex...

 Legacy Completes Phase 1 Scoping Study for Drake Gold-Silver Project

Legacy Completes Phase 1 Scoping Study for Drake Gold-Silver Project

April 11, 2025 11:30 AM AEST| By Team Kalkine Media

Highlights,Legacy Minerals Holdings,(ASX:LGM),has completed a Stage One scoping study on its Drake Epithermal Gold-Silver Project.,The study highlighted significant developments in project modeling and resource expansion.,Additional evaluations are u...

 King River Resources (ASX:KRR) Reports High-Grade Gold Intercepts and New Targets Zones

King River Resources (ASX:KRR) Reports High-Grade Gold Intercepts and New Targets Zones

April 11, 2025 11:26 AM AEST| By Sonal Goyal

Highlights,Phase 2 drilling at Kurundi Main returned 7m @ 5.8g/t Au (with 1m @ 26g/t Au) with deeper intersections indicating mineralisation remains open at depth.,Drilling revealed three new gold-copper-silver bearing structures, and a new target zo...

 Market Whipsaws as ASX Set to Retreat After Broad-Based Rally

Market Whipsaws as ASX Set to Retreat After Broad-Based Rally

April 11, 2025 10:56 AM AEST| By Team Kalkine Media

Highlights,ASX futures point to renewed weakness.,Strong gains in tech, mining, and banks.,Global volatility drives gold, oil, and currency shifts.,The Australian share market is expected to slide today, retracing strong gains seen in the previous se...

 Wall Street Wavers as US-China Trade Tensions Rattle Investor Sentiment

Wall Street Wavers as US-China Trade Tensions Rattle Investor Sentiment

April 11, 2025 10:48 AM AEST| By Team Kalkine Media

Highlights,US futures swing as trade tensions escalate.,Nasdaq and S&P 500 suffer sharp overnight losses.,Markets,brace,for next week’s trade negotiations.,U.S. futures showed early signs of volatility on Friday, reflecting the heightened uncertainty...

 ASX Tumbles as Global Trade Tensions Spark Market Turmoil

ASX Tumbles as Global Trade Tensions Spark Market Turmoil

April 11, 2025 10:47 AM AEST| By Team Kalkine Media

Highlights,ASX slides as global markets react to tariff hikes.,All sectors,in,the red amid global risk-off mood.,Major tech, bank, and energy stocks decline.,Australian equities opened sharply lower, following a volatile session on Wall Street, where...

 VHM Secures Mining License for Goschen, Bringing Developer Closer to Production

VHM Secures Mining License for Goschen, Bringing Developer Closer to Production

April 11, 2025 09:30 AM AEST| By Team Kalkine Media

Highlights,VHM Ltd receives a mining licence from the Victorian government for the Goschen rare earth and mineral sands project,Licence approval follows Environmental Effects Statement endorsement and extension of Major Project status,Production at t...

 ASX Market Opening: Gloomy Conclusion to the Australian Stock Exchange's Volatile Week | April 11, 2025

ASX Market Opening: Gloomy Conclusion to the Australian Stock Exchange's Volatile Week | April 11, 2025

April 11, 2025 09:30 AM AEST| By Team Kalkine Media

Highlights:,Australian shares opened lower following market fluctuations in the United States.,The Australian resource sector advanced with drilling completions, regulatory developments, and new project approvals.,Iron ore, gold, and crude oil saw up...

 CGN Resources’ (ASX: CGR) Webb and Leonora Projects Progress with New Targets and Drilling

CGN Resources’ (ASX: CGR) Webb and Leonora Projects Progress with New Targets and Drilling

April 11, 2025 08:50 AM AEST| By Aditi Sarkar

Highlights,CGR has mobilised its field crew at the Webb project, preparing to drill new prospects at Kandula, Elmar, and Shep.,The company advanced negotiations for tenure grants on its Leonora projects, including Panhandle and Christmas Well.,CGR id...

 Undervalued Small-Cap Stocks with Insider Activity in Global April 2025

Undervalued Small-Cap Stocks with Insider Activity in Global April 2025

April 10, 2025 10:30 PM AEST| By Team Kalkine Media

Highlights,Small-cap stocks remain sensitive to global economic conditions and trade-related pressures.,Select companies exhibit strong valuation metrics and active corporate share acquisitions.,Financial health and dividend consistency remain focal...

 Major Market Movements: S&P 500 and Nasdaq Surge Following Policy Announcement

Major Market Movements: S&P 500 and Nasdaq Surge Following Policy Announcement

April 10, 2025 07:08 PM AEST| By Team Kalkine Media

Highlights,Major U.S. indexes, including the S&P 500 and Nasdaq, experience significant overnight gains.,Australian pharmaceutical stocks fluctuate after recent tariff updates.,Investors watch closely for companies that don’t follow the upward market...

 ASX Leaps Forward with Impressive Gains Amid Global Market Optimism

ASX Leaps Forward with Impressive Gains Amid Global Market Optimism

April 10, 2025 06:57 PM AEST| By Team Kalkine Media

Highlights,ASX 200 marks a significant uptrend, closing at 7,709.6 points.,Technology and mining sectors show robust recovery.,Strategic acquisitions and corporate actions bolster investor sentiment.,In an extraordinary display of market resilience,...

 How a Weak Australian Dollar Impacts ASX Retailers and Exporters

How a Weak Australian Dollar Impacts ASX Retailers and Exporters

April 10, 2025 06:22 PM AEST| By Team Kalkine Media

Highlights:,A lower Australian dollar increases the cost of imported goods for domestic retailers.,Export-focused companies and those with US dollar-denominated revenues may benefit from currency depreciation.,Key impacted sectors include retail, min...

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