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 ASX Market Closing: Correction Zone Triggers Investor Despair | March 12, 2025

ASX Market Closing: Correction Zone Triggers Investor Despair | March 12, 2025

March 12, 2025 05:30 PM AEDT| By Team Kalkine Media

Highlights:,The ASX200 closed lower, reflecting reactions to global trade policies.,Key sectors, including Discretionary and Industrials, saw declines.,Select companies, such as Tasmea and Andean Silver, experienced gains amid broader market challeng...

 Sparc's Shares Decline Following the Launch of Anticipated Green Hydrogen Pilot Plant

Sparc's Shares Decline Following the Launch of Anticipated Green Hydrogen Pilot Plant

March 12, 2025 04:30 PM AEDT| By Team Kalkine Media

Highlights:,Sparc Technologies is developing a green hydrogen pilot facility in South Australia, set for commissioning by mid-decade.,The company is exploring photocatalytic water splitting as an alternative to traditional electrolysis for hydrogen p...

 Top ASX Penny Stocks to Watch in March 2025

Top ASX Penny Stocks to Watch in March 2025

March 12, 2025 04:10 PM AEDT| By Team Kalkine Media

Highlights:,The Australian market experienced a decline, with IT and Industrials seeing significant downturns.,Penny stocks continue to be a focus due to their accessibility and growth dynamics.,Several companies across energy, healthcare, and materi...

 When is IperionX Limited (ASX:IPX) Expected to Become Profitable?

When is IperionX Limited (ASX:IPX) Expected to Become Profitable?

March 12, 2025 03:30 PM AEDT| By Team Kalkine Media

Highlights:,Break-even is expected within a few years, with a forecasted turnaround in profitability.,Strong projected growth rate aligning with industry trends.,Prudent financial management with minimal reliance on debt.,Operating in the mineral exp...

 LegalVision Teams Up with Quadrant Private Equity for Growth Expansion

LegalVision Teams Up with Quadrant Private Equity for Growth Expansion

March 12, 2025 02:51 PM AEDT| By Team Kalkine Media

Highlights,LegalVision,partners with Quadrant Private Equity for expansion.,Investment to enhance team, technology, and services.,Strategic move to scale operations in Australia, UK, and New Zealand.,Legal services provider,LegalVision (LVN),has anno...

 Perpetual verifies IAC REE mineralization at Raptor, achieving recoveries of up to 94%.

Perpetual verifies IAC REE mineralization at Raptor, achieving recoveries of up to 94%.

March 12, 2025 02:30 PM AEDT| By Team Kalkine Media

Highlights:,Perpetual Resources has announced promising results from early-stage metallurgical test work at the Raptor Project in Brazil.,High recoveries of magnetic rare earth elements, including neodymium and praseodymium, were recorded.,Metallurgi...

 MLG Oz (ASX:MLG) Secures AUD 75M Haulage Contract and Reports 20% Growth in H1 FY25 Revenue

MLG Oz (ASX:MLG) Secures AUD 75M Haulage Contract and Reports 20% Growth in H1 FY25 Revenue

March 12, 2025 01:47 PM AEDT| By Team Kalkine Media

Highlights,In February 2025, the company secured AUD 75M haulage contract with Westgold Resources.,MLG’s revenue surged 20.31% YoY to AUD 268.56M in H1 FY25, and gross profit rose 11.95% YoY to AUD 40.79 million.,The company focuses on strategic inve...

 ASX Dips as Markets React to Tariff Uncertainty and Wall Street Decline

ASX Dips as Markets React to Tariff Uncertainty and Wall Street Decline

March 12, 2025 01:32 PM AEDT| By Team Kalkine Media

Highlights,ASX 200 slides 1.5% as all sectors decline.,US tariff concerns,impact,Australian stocks.,Wall Street volatility influences global markets.,The Australian share market faced a challenging session, with the S&P/ASX 200 Index dropping 1.5% (1...

 ASX Dips as Trade Tensions Resurface: Market Reacts to Tariff Developments

ASX Dips as Trade Tensions Resurface: Market Reacts to Tariff Developments

March 12, 2025 01:31 PM AEDT| By Team Kalkine Media

Highlights,ASX 200 drops 1.5% amid tariff concerns.,Major banks and resource stocks,witness,sharp declines.,Nickel Industries rebounds while IPH experiences steep losses.,Australian markets faced a sharp decline on Wednesday as concerns over trade po...

 Australia Stands Firm Amid US Tariff Decision on Steel and Aluminium

Australia Stands Firm Amid US Tariff Decision on Steel and Aluminium

March 12, 2025 01:26 PM AEDT| By Team Kalkine Media

Highlights,Australia opts against reciprocal tariffs on US imports.,Tariffs on Australian steel and,aluminium,deemed,"unjustified.",Government continues to advocate for an exemption through diplomatic efforts.,The Australian government has officially...

 Australian Markets Decline as Tariff Uncertainty Weighs on Sentiment

Australian Markets Decline as Tariff Uncertainty Weighs on Sentiment

March 12, 2025 11:34 AM AEDT| By Team Kalkine Media

Highlights,ASX falls as tariff concerns dampen market mood,Financial and healthcare sectors lead the decline,Key stocks show mixed performance amid global uncertainties,Australian markets extended their losses on Wednesday following renewed concerns...

 Viking Mines (ASX:VKA) Launches Phase 2 Drilling at First Hit Gold Project

Viking Mines (ASX:VKA) Launches Phase 2 Drilling at First Hit Gold Project

March 12, 2025 11:33 AM AEDT| By Sonal Goyal

Highlights,Viking Mines has initiated Phase 2 drilling at the First Hit Gold Project in Western Australia.,The program includes approximately 6,000m of high-impact RC drilling over the next month.,Key targets include follow-up drilling at Bifrost and...

 URW has sold the Valencia shopping centre, which recently experienced flooding, for €305 million.

URW has sold the Valencia shopping centre, which recently experienced flooding, for €305 million.

March 12, 2025 11:32 AM AEDT| By Team Kalkine Media

Highlights:,Unibail-Rodamco-Westfield finalizes the sale of Bonaire shopping centre in Valencia for over three hundred million euros.,Refurbishments following prior flooding enhance the property's appeal before the transaction.,The move aligns with e...

 Market Volatility Hits Hard in February: What Drove the Slump?

Market Volatility Hits Hard in February: What Drove the Slump?

March 12, 2025 11:31 AM AEDT| By Team Kalkine Media

Highlights,ASX 200 dropped 3.8% amid heightened market uncertainty.,Increased hedge fund activity added to volatility.,Portfolio shifts included (,ASX:MYR,), (,ASX:LNW,), and (,ASX:WOR,).,February proved to be a challenging month for investors, with...

 Plummeting by 29%, Vection Technologies Limited (ASX:VR1) Appears Promising; However, There May Be a Drawback

Plummeting by 29%, Vection Technologies Limited (ASX:VR1) Appears Promising; However, There May Be a Drawback

March 12, 2025 11:30 AM AEDT| By Team Kalkine Media

Highlights:,Vection Technologies' share price has experienced a decline over the past month, impacting market perception.,The company's price-to-sales ratio remains lower than the industry average, despite strong revenue expansion.,Revenue growth has...

 Heading to Namibia? Not for Star Minerals as negotiations for payment have collapsed.

Heading to Namibia? Not for Star Minerals as negotiations for payment have collapsed.

March 12, 2025 11:30 AM AEDT| By Team Kalkine Media

Highlights:,Star Minerals decided to discontinue plans to acquire a stake in a uranium project in Namibia due to unresolved terms.,The agreement's termination stemmed from differences in valuation and compliance with reporting standards.,The developm...

 Top 5 Resources: Finally, a Reason for Lithium Stocks to Celebrate

Top 5 Resources: Finally, a Reason for Lithium Stocks to Celebrate

March 12, 2025 11:00 AM AEDT| By Team Kalkine Media

Top 5 Resources: Finally, a Reason for Lithium Stocks to Celebrate

 The discovery of Little Gem reveals significant exploration potential for the rapidly growing gold mining company, Ora Banda.

The discovery of Little Gem reveals significant exploration potential for the rapidly growing gold mining company, Ora Banda.

March 12, 2025 11:00 AM AEDT| By Team Kalkine Media

Highlights:,Significant Discovery:,High-grade gold lodes have been confirmed at the Little Gem site within the Riverina project through a diamond drilling program conducted deep below the surface.,Exploration Expansion:,A follow-up drilling program w...

 ASX 200 Futures Slide as US Markets End Lower Again Overnight

ASX 200 Futures Slide as US Markets End Lower Again Overnight

March 12, 2025 10:48 AM AEDT| By Team Kalkine Media

Highlights:,US Market Volatility:,Wall Street faced a turbulent session as concerns over tariffs and economic slowdown weighed on sentiment.,Commodities Surge:,Gold, base metals, and oil traded higher, providing some resilience against broader market...

 GBR Records Most Exceptional Grade Gold Intercept to Date at Newly Named Eaglehawk

GBR Records Most Exceptional Grade Gold Intercept to Date at Newly Named Eaglehawk

March 12, 2025 10:30 AM AEDT| By Team Kalkine Media

Highlights:,Great Boulder Resources has reported a significant gold intercept at the Eaglehawk prospect, marking the highest-grade discovery recorded at the site.,Exploration activities at Side Well South have returned positive results, reinforcing t...

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