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Mount Gibson Iron (ASX:MGX) banks on Koolan Island operations to drive FY25 performance
December 04, 2024 04:04 PM AEDT| By Team Kalkine MediaHighlights,In FY24, MGX’s net cash increased 208% YoY to AUD 430.44 million.,In latest quarter (,1QFY25),,ore sales revenue of AUD 61 million was reported on an FOB basis.,High-grade iron ore sales of 2.7-3.0 million wet metric tonnes is anticipated...
Trump's Crypto Venture Gains Momentum with $30 Million Infusion from Justin Sun
December 04, 2024 04:03 PM AEDT| By Team Kalkine MediaHighlights,Justin Sun invested $30 million in World Liberty Financial, crossing a key revenue threshold.,The investment boosts potential profits for Donald Trump's crypto venture.,Trump plans to make the U.S. a leading hub for cryptocurrency innovati...
Bitcoin Exchange Reserves Decline, Reflecting Market Shift
December 04, 2024 03:55 PM AEDT| By Team Kalkine MediaHighlights,Bitcoin exchange reserves hit multi-year lows, indicating a market shift.,Data shows increased long-term holding and reduced liquid supply.,Bitcoin’s illiquid supply reaches a record level, signaling potential market momentum.,Bitcoin exch...
Australian Dollar Slides as Weak GDP Data Shifts Rate Cut Expectations
December 04, 2024 03:37 PM AEDT| By Team Kalkine MediaHighlights,Australian dollar dips to a four-month low after weak economic data.,GDP report,impacts,interest rate expectations by the Reserve Bank.,Markets shift probability for the Reserve Bank's rate cut to April.,The Australian dollar faced a sharp...
ASX Slips Amid Property Decline; Pro Medicus and SG Fleet Shine
December 04, 2024 03:11 PM AEDT| By Team Kalkine MediaHighlights,ASX dips as property and utilities stocks decline,.,Pro Medicus (PME) and SG Fleet (SGF) gain after key announcements,.,Rio Tinto (RIO) signs a joint venture for the,Winu,project,.,Australian shares faced a downturn on Wednesday afternoon...
Surefire Resources (ASX:SRN) Reports Promising Gold Intersections and Metallurgical Testing at Yidby
December 04, 2024 02:45 PM AEDT| By Sonal GoyalHighlights,Recent drilling at the Yidby Gold Project intersected 20m at 1.73 g/t gold, confirming the extension of the Yidby old system.,January 2024 column leach tests achieved a gold recovery of 66.3% and revealed a 68% increase in gold content.,Fu...
Future Generation Women’s Fund Aims to Transform the Investment Landscape
December 04, 2024 02:05 PM AEDT| By Team Kalkine MediaHighlights,The new fund will prioritize gender diversity and economic equality.,Renowned female fund managers will lead the initiative.,The fund is backed by $100 million from the Minderoo Foundation.,The Australian funds management sector is witness...
Oil Prices Stabilize Amid OPEC+ Progress and US-Iran Developments
December 04, 2024 01:11 PM AEDT| By Team Kalkine MediaHighlights,OPEC+ progresses on extending supply restoration delays,.,Iranian oil faces new US sanctions,impacting,crude transport,.,Brent crude stabilizes after a significant price surge,.,Oil prices steadied following a significant jump as the energ...
Australian Shares Dip as Property and Utilities Underperform
December 04, 2024 01:00 PM AEDT| By Team Kalkine MediaHighlights,Real estate and utilities sectors weigh down Australian market performance,.,Pro Medicus (PME) sees a positive rally amid founder announcements,.,Major corporate developments boost SG Fleet (SGF) and Rio Tinto (RIO),.,Australian shares dec...
China’s Export Ban on High-Tech Metals Escalates Trade Tensions with the US
December 04, 2024 12:21 PM AEDT| By Team Kalkine MediaHighlights,China restricts gallium and germanium exports,,impacting,US tech and defense sectors,.,US enforces export controls on Chinese tech firms, targeting AI and chip industries,.,Trade restrictions intensify geopolitical and economic tensions gl...
Empowering Change: Future Generation Women Fund Led by Female Trailblazers
December 04, 2024 11:40 AM AEDT| By Team Kalkine MediaHighlights,Future Generation Women Fund targets economic equality and female empowerment,.,Managed by leading female fund managers, focusing on Australian and global equities,.,Donates a,portion,of its assets to non-profits promoting women’s and chil...
Altcoin Season Heats Up 3 Underappreciated Cryptos Gaining Momentum
December 03, 2024 11:24 PM AEDT| By Team Kalkine MediaHighlights,Monero (XMR),Remains in an accumulation phase, with potential for significant upward movement.,Arweave (AR),Flipping key resistance levels, showing promise for a strong price rebound.,Limewire (LMWR),Gaining momentum after forming a double...
EverValue’s Bitcoin-Backed DeFi Model Redefining BTC’s Role in Decentralized Finance
December 03, 2024 11:23 PM AEDT| By Team Kalkine MediaHighlights,Bitcoin-Powered Stability,EverValue’s Burn Vault backs EVA with wrapped Bitcoin (wBTC), ensuring price stability.,Scarcity and Value,A capped supply of 21 million tokens and a burn mechanism ensure long-term scarcity and stability.,Driving...
XRP Surges Amid Crypto Market Retreat Key Drivers and Market Dynamics
December 03, 2024 11:21 PM AEDT| By Team Kalkine MediaHighlights,XRP Rally,XRP surges 21%, becoming the third-largest cryptocurrency by market cap.,Market Shift,XRP’s rally contrasts with declines in Bitcoin and Ethereum prices.,Regulatory Optimism,XRP gains momentum amid expectations of a favorable reg...
XRP Soars as Regulatory Shift and Institutional Interest Fuel Market Momentum
December 03, 2024 11:18 PM AEDT| By Team Kalkine MediaHighlights,XRP Price Surge,XRP reaches multi-year highs amid SEC optimism and ETF rumors.,Regulatory Shifts,Ripple's legal battle with the SEC could soon come to an end with pro-crypto leadership on the horizon.,Institutional Attention,BlackRock and...
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Bybit Expands in Brazil with Physical Card Offering, Enhancing Global Crypto Spending
December 03, 2024 11:17 PM AEDT| By Team Kalkine MediaHighlights,Bybit Card Launch,Pre-registration for physical Bybit Card now available in Brazil.,Crypto Rewards,Cardholders can enjoy zero fees, cashback, and up to 8% APY on eligible purchases.,Growing Adoption,Bybit aims to meet the increasing demand...
Cryptocurrency Surge Top Performers and Risky Bets in 2024
December 03, 2024 11:15 PM AEDT| By Team Kalkine MediaHighlights,Bitcoin’s Rally,Bitcoin is approaching a potential new high, sparking optimism in the crypto market.,Top Picks for Growth,Experts highlight Uniswap, Ethereum, and Solana as strong performers.,Risky Bets,Meme coins like Dogecoin and Mooncoi...
Bitcoin Faces Challenges as Market Reacts to Government Actions and Altcoin Surge
December 03, 2024 11:13 PM AEDT| By Team Kalkine MediaHighlights,Bitcoin's Decline,Bitcoin struggles to maintain momentum below the $100,000 mark, impacted by U.S. government actions.,Altcoin Rally,XRP and other altcoins outperformed Bitcoin, fueled by expectations of favorable policies.,Government Infl...
B.C. Crypto Fraudster Fined $18.4 Million for Deceptive Practices on ezBtc Exchange
December 03, 2024 11:05 PM AEDT| By Team Kalkine MediaHighlights,Massive Fine,David Smillie faces an $18.4 million fine for defrauding customers through his now-defunct cryptocurrency exchange.,Fraudulent Practices,Smillie misled clients, claiming their assets were safely stored, while diverting funds t...
Norway’s Wealth Fund Ethics Watchdog Targets Shoemakers and Crypto Firms in 2025
December 03, 2024 10:04 PM AEDT| By Team Kalkine MediaHighlights,Shoemakers Under Review,The Council on Ethics will examine working conditions at major global shoe manufacturers in 2025.,Crypto and Gambling Firms Scrutinized,Ethical concerns in the crypto and gambling industries will also be investigate...
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