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Mount Burgess Mining’s (ASX:MTB) Kihabe-Nxuu Project Progresses with New Mineral Recovery Insights
October 31, 2024 02:45 PM AEDT| By Aditi SarkarHighlights,Significant progress made in mineralogical and metallurgical testing for Kihabe-Nxuu..,Initial findings suggest high-grade concentrates of gallium and germanium are achievable through flotation methods.,Botswana's mineral potential in gall...
Platina Resources (ASX:PGM) expands gold exploration with new targets at Beete and Challa
October 31, 2024 01:18 PM AEDT| By Sonal GoyalHighlights,Maiden aircore drilling at the Beete Gold Project had identified multiple gold anomalies.,Infill drilling, geochemical analysis, and drone surveys planned at Beete for 4QCY24.,Two new mineralised zones identified at Challa Gold Project, in...
Radiopharm Theranostics (ASX:RAD) Advances Cancer Trials and Expands US Presence
October 31, 2024 03:22 AM AEDT| By Aditi SarkarHighlights,Radiopharm dosed the first patient in the Phase 1 RAD204 trial for non-small cell lung cancer.,The FDA approved the IND application for RAD101, advancing research on brain metastases with a Phase 2b trial.,The company increased its ownersh...
Top ASX Penny Stocks to Watch: Australian Ethical, Accent Group, & Latin Resources
October 30, 2024 05:55 PM AEDT| By Team Kalkine MediaHighlights,Australian Ethical Investment demonstrates robust growth and solid financial health.,Accent Group faces challenges yet maintains strategic growth in retail and wholesale.,Latin Resources is under acquisition talks with Pilbara Minerals ami...
Australia's Persistent Inflation Delays Rate Cut Hopes
October 30, 2024 04:19 PM AEDT| By Team Kalkine MediaHighlights,Inflation,remains,high, shifting rate cut expectations in Australia.,Core inflation sees,unexpected,rise, prolonging potential relief.,Federal election considerations add complexity to rate decisions.,Australia's anticipated timeline for i...
Australia’s Inflation Returns to Target Range, But Interest Rate Cuts Remain Uncertain
October 30, 2024 03:24 PM AEDT| By Team Kalkine MediaHighlights,Inflation falls to RBA’s target range, driven by energy price drops.,Core inflation remains above target due to underlying pressures.,Interest rate cuts remain uncertain despite inflation milestones.,Australia's inflation rate has successf...
Bitcoin and Gold Surge Amid Rising Trump Election Speculation
October 30, 2024 02:52 PM AEDT| By Team Kalkine MediaHighlights,Bitcoin and gold experience significant gains ahead of US election.,Both assets show potential benefits from rising market concerns and potential fiscal policies.,Strong demand is,observed,through ETFs and broader market movements.,The ant...
New Super Tax Faces Senate Hurdles Amid Rising Concerns
October 30, 2024 02:49 PM AEDT| By Team Kalkine MediaHighlights,New super tax law may,encounter,challenges in the Senate.,Proposal,impacts,accounts with over $3 million, including unrealized gains.,Potential Senate negotiations could delay or alter the bill's provisions.,The Federal Government’s propos...
Australian Dollar Faces Largest Monthly Decline Since 2022 Amid Rising US Treasury Yields
October 30, 2024 02:29 PM AEDT| By Team Kalkine MediaHighlights,Australian dollar sees significant drop in October due to rising US Treasury yields.,Quarterly data reveals mixed inflation results, influencing Reserve Bank expectations.,Currency's value dips to lowest point since August, underscoring ec...
Emerging ASX Penny Stocks: Key Performances in a Shifting Market
October 30, 2024 02:10 PM AEDT| By Team Kalkine MediaHighlights,Kogan.com, OFX Group, and,PointsBet,Holdings are notable ASX penny stocks showing financial resilience.,Each company,operates,debt-free, with experienced management guiding growth.,These companies reflect varied yet strong regional revenue...
ASX Dips as Major Retailers and Star Entertainment Slide
October 30, 2024 01:58 PM AEDT| By Team Kalkine MediaHighlights,ASX declines,,impacted,by retail and banking sectors,Woolworths and Coles face challenges in consumer staples,Star Entertainment and,Cettire,experience sharp drops,The Australian stock market saw a dip as supermarkets and banks weighed on...
AMD’s Q3 Record Revenue Boosted by AI Demand, Shares Dip on Modest Q4 Outlook
October 30, 2024 01:41 PM AEDT| By Team Kalkine MediaHighlights,AMD's Q3 revenue hit record highs, driven by AI data center chips.,Gaming revenue declined,,impacting,overall results.,Q4 guidance slightly below Wall Street estimates, affecting shares.,Advanced Micro Devices Inc. (NASDAQ:AMD) delivered s...
ASX Update: Woolworths Profit Warning Hits Sector; Key Stocks Show Mixed Results
October 30, 2024 01:11 PM AEDT| By Team Kalkine MediaHighlights,Woolworths profit warning impacts ASX consumer staples sector.,Mining stocks rally, led by BHP and Fortescue gains.,Mixed stock movement with,Cettire,and Star Entertainment facing sharp declines.,The Australian share market faced midday de...
ASX 200 Eases Decline Following Positive CPI Data for September Quarter
October 30, 2024 12:32 PM AEDT| By Team Kalkine MediaHighlights,ASX 200 sees partial recovery as CPI data surpasses expectations.,Consumer,Price Index moderates to 0.2% for,September,quarter.,Improved inflation outlook offers market support mid-session.,The S&P/ASX 200 index experienced a partial recov...
Inflation Decline Signals Potential Policy Shift for RBA as Reserve Bank Eyes Lower Growth
October 30, 2024 12:21 PM AEDT| By Team Kalkine MediaHighlights,Lower inflation data in Australia could lead the Reserve Bank to adjust its stance on interest rates.,Trimmed mean inflation eased to 3.5%, aligning with high-frequency indicators.,Delayed policy adjustments may risk prolonged low growth i...
McMillan Shakespeare’s (ASX:MMS) normalised NPATA jumps 38% in FY24; Co highlights potential risks for FY25
October 30, 2024 12:12 PM AEDT| By Team Kalkine MediaHighlights,MMS achieved a 158.5% YoY growth in net profit to AUD 83.5 million in FY24.,In FY24, revenues grew by 11.55% YoY to AUD 525.8 million, driven by growth across all segments (GRS, AMS, and PSS).,Vanguard Group acquired a 5% stake in MMS as o...
Gold Surges to New Heights Amid Market Uncertainty and Upcoming US Election
October 30, 2024 11:51 AM AEDT| By Team Kalkine MediaHighlights,Gold reaches record high as traders,assess,economic data.,US job market concerns and Fed rate decisions influence gold prices.,Election uncertainties and global tensions support haven demand.,Gold has climbed to a new record, reaching $2,7...
Australia’s Inflation Slows in Q3, Influencing Reserve Bank's Rate Decision
October 30, 2024 11:50 AM AEDT| By Team Kalkine MediaHighlights,Australia's inflation rate cools, landing below expectations in Q3.,Reserve Bank of Australia (RBA) closely,monitors,as inflation,impacts,policy decisions.,Rate cuts,now,anticipated,in 2025, with a potential February shift.,Australia’s inf...
ASX Market Update: Discretionary Stocks Lead Gains Amid Real Estate and IT Support
October 29, 2024 05:47 PM AEDT| By Team Kalkine MediaHighlights,ASX gains driven by strength in Real Estate, IT, and Discretionary stocks.,Health Care, Energy, and Telecommunications see declines in performance.,Key news on Myer acquisition and Bluescope guidance adjustments.,The Australian Stock Excha...
Asian Battery Metals Discovers High-Grade Copper-Nickel at Oval Project in Mongolia
October 29, 2024 05:33 PM AEDT| By Team Kalkine MediaHighlights,Asian Battery Metals reports high-grade copper-nickel findings at its Oval prospect in Mongolia.,Key intercepts show promising copper, nickel, and cobalt mineralisation, with a focus on further exploration.,Phase 1 drilling completed with...
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