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GFG Alliance Secures Major Debt Funding for Whyalla Steelworks
November 19, 2024 02:03 PM AEDT| By Team Kalkine MediaHighlights,GFG Alliance secures new debt funding to aid Whyalla steelworks operations.,Major suppliers suspend services due to unpaid bills.,Technical issues halt steel production for ten weeks in Whyalla.,GFG Alliance, led by Sanjeev Gupta, has anno...
Ken Griffin Discusses Tariffs, Immigration, and Economic Policy
November 19, 2024 12:55 PM AEDT| By Team Kalkine MediaHighlights,Ken Griffin expressed concerns over tariff policies and global competitiveness.,Discussions included immigration policies and governmental fiscal responsibility.,Emphasis placed on investment in talent as a key driver for success.,Ken Grif...
Tech and Energy Drive ASX Higher Amid Corporate Gains
November 19, 2024 12:53 PM AEDT| By Team Kalkine MediaHighlights,Technology and energy sectors lifted the S&P/ASX 200 Index by midday,.,TechnologyOne,surged over 12% after strong financial results,.,Energy stocks Woodside Energy and Santos gained, supported by rising oil prices,.,The Australian share ma...
Will Australia Join Global Nuclear and Decarbonisation Initiatives?
November 19, 2024 12:09 PM AEDT| By Team Kalkine MediaHighlights,Australia may align with UK and US on nuclear and,decarbonisation,efforts,.,Agreement aims to triple global nuclear capacity by 2050,.,Advanced modular reactors expected to support heavy industry,decarbonisation,.,Australia is exploring a...
Energy Sector Leads ASX Gains as TechnologyOne and Santos Shine
November 19, 2024 12:06 PM AEDT| By Team Kalkine MediaHighlights,Energy stocks drove the ASX higher amid a surge in crude oil prices.,TechnologyOne,reported strong revenue and profit growth, boosting its shares.,Santos outlined plans for increased shareholder returns starting in 2026.,Australian shares...
Viking Mines (ASX:VKA) Commences Drilling at First Hit Gold Project in Western Australia
November 19, 2024 11:41 AM AEDT| By Aditi SarkarHighlights,Viking Mines has started drilling at its First Hit Gold project in Western Australia.,Phase 1 program of around 5,000m is slated for completion in approximately 5 weeks.,Australia-based mineral exploration company Viking Mines Limited (ASX...
Optimism Around China's Stimulus Supports ASX Market
November 18, 2024 04:33 PM AEDT| By Team Kalkine MediaHighlights,ASX indices rise amid hopes for China's economic stimulus.,Commodities, uranium, and gold sectors see notable movements.,Mixed performance observed among major banks and biotech.,The Australian share market extended its gains, driven by op...
Viking Mines (ASX: VKA) Eyes Expanded Drilling at First Hit with New Funding
November 18, 2024 03:30 PM AEDT| By Aditi SarkarHighlights,Viking Mines received commitments to raise AU$2.39 million through a share placement.,The placement is expected to boost Viking's cash reserves to approximately AU$5 million, supporting ongoing exploration activities.,Viking is expanding t...
Kraft Heinz (NASDAQ:KHC) Sued Over Mac & Cheese Labeling
November 18, 2024 03:06 PM AEDT| By Team Kalkine MediaHighlights,Kraft Heinz faces a US class action over misleading Mac and Cheese labeling,.,The "no artificial preservatives" claim is disputed due to synthetic ingredients,.,Judge Mary Rowland ruled the case can,proceed,, citing plausible consumer clai...
Major GPU Manufacturer Relocates Amid US Export Controls
November 18, 2024 02:42 PM AEDT| By Team Kalkine MediaHighlights,PC Partner,relocates,from Hong Kong to Singapore and lists on SGX.,US export controls target advanced semiconductor technologies.,Chinese semiconductor industry faces challenges due to restrictions.,The graphics processing unit (GPU) secto...
ASX Steady as Uranium and Commodities Surge Lead Select Stocks
November 18, 2024 02:40 PM AEDT| By Team Kalkine MediaHighlights,ASX remained flat with gains in mining offset by declines in tech and health sectors,.,Uranium stocks soared on Russia's export restrictions on enriched nuclear fuel,.,Gold and,aluminium,stocks climbed, buoyed by stronger commodity prices,...
Australia’s Economic Growth Outlook Lowered Amid Trade and Rate Concerns
November 18, 2024 02:06 PM AEDT| By Team Kalkine MediaHighlights,Australia's GDP growth forecast for 2025 revised down to 1.8%,.,Elevated interest rates and potential US-China tariffs impact growth,.,Reserve Bank of Australia expected to ease rates earlier than market expectations,.,Goldman Sachs has re...
Raiden Resources (ASX: RDN) concludes 79-hole Drilling at Arrow Gold Project
November 18, 2024 02:03 PM AEDT| By Aditi SarkarHighlights,Raiden Resources has completed a 79-hole air core drilling program at the Arrow Gold project.,Drill samples are now on their way to the laboratory for analysis.,Results from the drilling program will guide the next phase of activities for...
VRX Silica (ASX: VRX) Shares Soar on Environmental Approval Milestone for Arrowsmith North
November 18, 2024 12:12 PM AEDT| By Aditi SarkarHighlights,The EPA has accepted VRX’s Response to Submissions for its Arrowsmith North Silica Sand project.,VRX's stock price surged over 30% in response to the upbeat news.,VRX invited to attend the upcoming EPA Board meeting to review the proposal...
ASX Flat Amid Rising Uranium and Aluminum Stocks
November 18, 2024 12:08 PM AEDT| By Team Kalkine MediaHighlights,The Australian market saw mixed performance with commodities stocks rallying,.,Uranium and aluminum stocks surged, fueled by geopolitical developments,.,Health and tech sectors retreated while mining giants outperformed,.,The Australian sh...
ASX Retreats as Resolute Mining Faces Mali Deal Challenges
November 18, 2024 11:30 AM AEDT| By Team Kalkine MediaHighlights,ASX falls with,tech leading,sector losses, while miners and energy stocks rise,.,Resolute Mining declines 5.5% on a $247M deal with Mali authorities,.,FleetPartners,soars,nearly 11%,after exceeding FY24 earnings estimates,.,The Australian...
Surge in Global Oil Demand Drives Market Dynamics in November
November 18, 2024 11:28 AM AEDT| By Team Kalkine MediaHighlights,Global oil demand rose by 1.5 million barrels per day in early November,.,China's crude oil inventories dropped by 22 million barrels this month,.,The US reported a modest rise in crude stocks, contrasting global trends,.,The energy sector...
ASX to Open Flat Amid Global Market Concerns
November 18, 2024 10:30 AM AEDT| By Team Kalkine MediaHighlights,ASX 200 futures drop slightly, reflecting a subdued market start.,Mixed performance across sectors highlights key market divergences.,Commodities and global markets influenced by central bank remarks.,The ASX is set to begin the week on a...
Radiopharm (ASX: RAD) Shares Jump on Promising RAD 301 Update for Pancreatic Cancer Imaging
November 18, 2024 02:31 AM AEDT| By Aditi SarkarHighlights,Radiopharm Theranostics surged 12% on the ASX following a promising update on RAD 301.,A 68Ga-Trivehexin clinical study published in,Frontiers in Nuclear Medicine,highlights RAD 301's potential in diagnosing pancreatic cancer.,No adverse e...
Kelsian Group (ASX:KLS) expects higher single-digit jump in FY25 EBITDA, H2 likely to be better than H1
November 15, 2024 07:11 PM AEDT| By Team KalkineHighlights,In FY24, Kelsian Group reported a 42% YoY increase in revenue to AUD 2,016.8 million.,Revenue growth was supported by All Abroad America! Holdings, Inc. contributions and new contracts in Sydney.,Underlying EBITDA for FY25 is projected to...
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