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ASX Market Opens with a Sharp 1.1% Drop, Adding to Week 11's Downtrend | March 12, 2025
March 12, 2025 08:30 AM AEDT| By Team Kalkine MediaHighlights:,Australian materials companies face cost adjustments following U.S. tariffs on steel and aluminium.,Major industry players are adapting strategies to maintain stability amid changing trade policies.,Broader economic conditions, including...
Insiders Benefited from Selling AU$7.6 Million Worth of Mindax Stock
March 11, 2025 07:31 PM AEDT| By Team Kalkine MediaHighlights:,Recent stock movement has drawn attention to insider transactions.,Insider share sales indicate changes in internal ownership.,Insider ownership percentage shows alignment with shareholder interests.,Mindax Limited (ASX:MDX) operates with...
ASX Market Close: Index Reduces Losses Amid Growing US Recession Concerns | March 11, 2025
March 11, 2025 05:30 PM AEDT| By Team Kalkine MediaHighlights:,The ASX200 recorded a decline, with technology leading the losses, while utilities and energy showed resilience.,Botanix Pharmaceuticals, Vulcan Energy Resources, and Vista Group International performed well amid the broader market downtu...
Platina Resources (ASX: PGM) 1HFY25: New Gold Discoveries and EIS Grant Secured
March 11, 2025 05:25 PM AEDT| By Aditi SarkarHighlights,Platina Resources secured a government grant for drilling at the Xanadu Deeps target.,Maiden aircore drilling at the Beete Gold project revealed multiple new anomalous gold targets.,Two new mineralised gold targets confirmed from second-ph...
Catalina Resources (ASX: CTN) Accelerates WA Gold Exploration with AUD2.7M Funding and Key Appointment
March 11, 2025 04:45 PM AEDT| By Aditi SarkarImage source: Company website,Highlights,Catalina Resources has secured commitments from new investors to raise AUD500k through a placement, along with a rights issue to raise an additional AUD2.27mn.,The new funding will support exploration activiti...
Surefire signs an offtake agreement with HMS Bergbau for vanadium and titanium.
March 11, 2025 04:30 PM AEDT| By Team Kalkine MediaHighlights:,Surefire Resources NL has finalized an agreement with HMS Bergbau AG for the offtake of all minerals from the Victory Bore project in Western Australia.,The project holds significant reserves of vanadium, titanium, and iron, confirmed by...
Overview of the Australian Stock Market
March 11, 2025 03:30 PM AEDT| By Team Kalkine MediaHighlights,Market reacts to global economic concerns and leadership changes,Mining, medical technology, and semiconductor sectors in focus,Global geopolitical events influencing local financial landscape,The Australian stock market plays a crucial ro...
Global Market Turmoil: Asian Stocks React to Wall Street’s Sharp Decline
March 11, 2025 02:41 PM AEDT| By Team Kalkine MediaHighlights,Asian markets face sharp declines following Wall Street’s downturn.,Japan's Nikkei leads losses with a 2.4% drop in early trade.,US indices experience significant declines, with Nasdaq falling 4%.,Asian markets witnessed a sharp decline in...
Prospect identifies a copper resource exceeding 500,000 tonnes at Mumbezhi.
March 11, 2025 02:32 PM AEDT| By Team Kalkine MediaHighlights,The Mumbezhi project has revealed a resource of over 500,000 tonnes of contained copper.,The estimate reports 107.2 million tonnes at an average grade of 0.5% Cu (copper).,Nyungu Central provides a significant portion of the resource with...
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February Market Trends: Key Insights from the Reporting Season
March 11, 2025 02:20 PM AEDT| By Team Kalkine MediaHighlights,Mid-cap industrials led gains, driven by cost efficiencies and productivity improvements.,Market volatility surged, with sharp price swings on earnings surprises.,Sector rotation,emerged,, with shifting focus from banks to growth industrie...
Northern Star Resources (ASX:NST) Targets Higher Gold Sales and Portfolio Growth in FY25
March 11, 2025 01:09 PM AEDT| By Team Kalkine MediaHighlights,NST recorded a 28% YoY increase in revenue and 142% YoY rise in NPAT in 1HFY25.,The KCGM Mill Expansion and proposed De Grey Mining acquisition is expected to improve gold portfolio of NST.,The company expects gold sales of 1,650-1,800 koz...
BlackRock’s CEO Warns: Nationalistic Policies Could Drive U.S. Inflation Higher
March 11, 2025 12:57 PM AEDT| By Team Kalkine MediaHighlights,Nationalistic policies could push inflation higher, warns BlackRock’s CEO.,Worker shortages may,impact,agriculture and AI data center expansion.,Potential tariffs on trade partners could further raise import costs.,Larry Fink, the CEO of,B...
Malaysia’s Gentari Advances 243MW Solar and Storage Project in Australia
March 11, 2025 12:47 PM AEDT| By Team Kalkine MediaHighlights,Gentari,(Owned by Petronas) begins construction on a 243MW solar and battery project in NSW.,Project set to go live by June 2027, enhancing renewable energy integration.,NSW,government backing,supports the initiative under its clean energy...
Surefire Resources (ASX:SRN) secures offtake deal for critical minerals with HMS Bergbau
March 11, 2025 12:34 PM AEDT| By Sonal GoyalHighlights,Surefire Resources has signed a Heads of Agreement (HOA) with HMS Bergbau AG for the offtake of all critical mineral products from the Victory Bore project.,The HOA will facilitate discussions with Saudi Arabian and European stakeholders f...
Koba Resources Ltd (ASX:KOB) Uncovers High-Grade Uranium in South Australia: A Game-Changing Discovery
March 11, 2025 12:30 PM AEDT| By Team Kalkine MediaKoba Resources Uncovers Promising High-Grade Mineralization at New 'Everest' Prospect
Market Turmoil as Recession Fears Weigh on Equities
March 11, 2025 11:58 AM AEDT| By Team Kalkine MediaHighlights,Stock market slides amid US economic concerns,Consumer expectations point to higher unemployment and inflation,Gold finds early support but retreats later in the session,The Australian stock market mirrored global trends today as fears of...
Metal Powder Works (MPW) Returns to Trading After Re-Compliance
March 11, 2025 11:45 AM AEDT| By Team Kalkine MediaHighlights,Metal Powder Works,resumes trading on March 11, 2025.,The company successfully meets ASX Listing Rule requirements.,Previously known as K-TIG Limited, the company underwent re-compliance.,After a period of suspension,,Metal Powder Works,is...
Australia's Rise in Global Graphite Supply: Key Developments and Projections
March 11, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,Australian graphite producers are positioned competitively against non-Chinese producers due to emerging supply chain shifts.,Prices for graphite could more than double by 2034, with projections reaching US$880/t, according to Benchmark Mi...
Ovanti signs licensing agreement with the blockchain-based lending platform, BNPLPay Protocol.
March 11, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights:,Ovanti secures a long-term licensing agreement with BNPLPay Protocol, enabling access to cost-effective funding for BNPL services.,The agreement incorporates a revenue-sharing model, allocating a portion of BNPLPay Protocol's earnings to...
Top End Energy Chooses Initial Serpentine Location for Natural Hydrogen Drilling
March 11, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,Top End Energy has pinpointed an initial drilling location at the Serpentine natural hydrogen project in Kansas.,Recent data from nearby operations have contributed to ongoing resource exploration and evaluation.,The company is advancing t...
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