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Market updates
Rio Tinto completes acquisition of Arcadium Lithium
March 06, 2025 07:23 PM AEDT| By Business WireLONDON--(BUSINESS WIRE)--Rio Tinto has completed its acquisition of Arcadium Lithium plc (“Arcadium Lithium”) (NYSE: ALTM) (ASX: LTM) for $6.7 billion, following the sanctioning of the Scheme of Arran...
Rio Tinto to invest $1.8 billion to develop Brockman mine extension in Western Australia’s Pilbara
March 06, 2025 06:40 PM AEDT| By Business WirePERTH, Australia--(BUSINESS WIRE)--Rio Tinto will invest $1.8 billion1 to develop the Brockman Syncline 1 mine project (BS1), extending the life of the Brockman region in the West Pilbara of Western A...
Energy Sector Weakens as ASX 200 Declines
March 06, 2025 06:03 PM AEDT| By Team Kalkine MediaHighlights,Energy sector reaches a three-year low amid trade tensions.,Materials sector outperforms, led by strong gold and copper gains.,ASX 200 closes lower for the fifth consecutive session.,The Australian share market continued its downward traje...
The year 2025 might mark a significant breakthrough for tungsten and molybdenum.
March 06, 2025 05:32 PM AEDT| By Team Kalkine MediaHighlights,Almonty Industries revitalizes the historically significant Sangdong mine, positioning itself strongly in the tungsten and molybdenum market.,Government backing and strategic partnerships enhance Almonty’s market position and operational e...
Highlights from HotCopper Today: Red Sky's Yarrow Fracturing and Aracadium Trading Halt | March 6, 2025
March 06, 2025 05:32 PM AEDT| By Team Kalkine MediaHighlights:,The ASX 200 index has faced declines, largely influenced by shifts in the energy, utilities, and healthcare sectors.,The consumer staples sector has displayed modest growth, reflecting stability in essential goods demand.,Market discussio...
Introducing GeoGeorge: The HotCopper poster whose remarkable accuracy led him to a career as a senior analyst.
March 06, 2025 05:30 PM AEDT| By Team Kalkine MediaHighlights:,Digital platforms are shaping new pathways for contributions to the mining sector.,A keen interest in exploration data led to significant recognition within industry circles.,Online engagement fostered discussions that influenced percepti...
ASX Market Close: Drops below 8,100 as Brent Crude Hits Four-Year Low
March 06, 2025 05:30 PM AEDT| By Team Kalkine MediaHighlights:,The ASX200 index registered a decline, influenced by global trade discussions and tariff developments.,Materials and Telecommunications sectors showed moderate gains, while Energy faced notable losses.,Noteworthy company movements include...
ASX Slips as Energy Stocks Struggle; Star Entertainment Nears Rescue Deal
March 06, 2025 05:24 PM AEDT| By Team Kalkine MediaHighlights,Energy sector weighs down ASX as crude oil prices hit a three-year low.,Gold miners gain amid rising haven demand and steady gold prices.,Star Entertainment (ASX:SGR) edges closer to a rescue deal with investors.,The Australian stock marke...
Australian ETF Market Set to Surge Past $300 Billion by 2025
March 06, 2025 05:08 PM AEDT| By Team Kalkine MediaHighlights,Australian ETF market projected to exceed $300 billion in 2025.,Active ETFs and digital asset demand fueling rapid growth.,Global asset managers increasing presence in the Australian market.,Australia’s exchange-traded fund (ETF) market is...
Australian Dollar Surges, Poised for Best Weekly Performance Since 2023
March 06, 2025 05:00 PM AEDT| By Team Kalkine MediaHighlights,Australian dollar rises over 2.1% this week, marking a strong rebound.,US dollar weakens to a four-month low amid global market shifts.,Euro strength impacts Aussie-euro exchange rate, reaching a multi-month low.,The Australian dollar has...
Dairy Prices Expected to Stay Elevated Amid Strong Demand and Modest Supply Growth
March 06, 2025 04:52 PM AEDT| By Team Kalkine MediaHighlights,Global dairy prices set to remain high despite modest supply growth.,Australian dairy sector poised for improved margins in 2025.,Weather conditions to play a crucial role in production trends.,Dairy prices are expected to remain at elevat...
Energy Sector and Commonwealth Bank Weigh on ASX Amid Tariff Concerns
March 06, 2025 04:45 PM AEDT| By Team Kalkine MediaHighlights,Energy stocks decline,as crude oil demand concerns push prices lower.,Commonwealth Bank dips,after trading ex-dividend.,Gold miners and select stocks gain,despite broader market weakness.,The Australian share market slipped to its lowest l...
Oceanic Consulting Group Merges with LEAD Consulting to Expand Global Expertise and Consulting Services
March 06, 2025 02:38 PM AEDT| By Business WireThe merger strengthens OCG’s global footprint and enhances consulting capabilities across financial services, marketing technology, and customer data strategy. SYDNEY--(BUSINESS WIRE)--Oceanic Consul...
Global Bond Market Shifts as Japan's Yields Hit Multi-Year Highs
March 06, 2025 01:50 PM AEDT| By Team Kalkine MediaHighlights,Japanese 10-year bond yield reaches highest level since 2009,US Treasury yields climb for the third consecutive session,Germany’s fiscal strategy and geopolitical shifts add pressure to global markets,A major movement in the global bond ma...
Market Stumbles as Energy Stocks Slide; Myer Surges on Growth Prospects
March 06, 2025 01:49 PM AEDT| By Team Kalkine MediaHighlights,Energy,sector drags down the ASX amid crude oil tariff concerns.,Gold miners and select stocks shine despite broader market weakness.,Myer (,ASX:MYR,) rallies on promising,future outlook,.,The Australian share market faced headwinds on Thu...
Asian Markets Gain Momentum as Tariff Delay Fuels Optimism
March 06, 2025 12:26 PM AEDT| By Team Kalkine MediaHighlights,Asian equities rise following a tariff delay announcement by the U.S.,Tech-heavy stocks and U.S.-listed Chinese firms see strong gains.,Investor sentiment improves with the potential for further tariff exemptions.,Asian stock markets exper...
Gold Resource Corporation Announces the Completion and Release of S-K 1300 Technical Report of the Don David Gold Mine
March 06, 2025 12:04 PM AEDT| By Business WireDENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”) is pleased to announce the release of the S-K 1300 Technical Report Summary (the “Report”) for the Don David Go...
Australian Dollar Surges as US Tariff Concerns Weigh on Greenback
March 06, 2025 11:39 AM AEDT| By Team Kalkine MediaHighlights,Australian dollar strengthens past US63¢ as the US dollar weakens.,Tariff concerns,impact,the US economy, pushing the greenback lower.,The local currency reaches its highest level in over a week.,The Australian dollar showed resilience on...
Silver Shines Brighter Amid Dollar Weakness and Trade Concerns
March 06, 2025 11:37 AM AEDT| By Team Kalkine MediaHighlights,Silver reaches a one-week high as the dollar weakens.,Global trade tensions drive demand for precious metals.,Inflation concerns enhance silver’s appeal as a store of value.,Silver prices surged to a one-week high, driven by a weaker U.S....
US Refiners Scale Back on Mexican Crude Imports Amid Tariff Concerns
March 06, 2025 11:33 AM AEDT| By Team Kalkine MediaHighlights,US refiners reduced orders for Mexican crude even before new tariffs were announced.,March orders dropped 17% compared to February,,impacting,trade volumes.,The tariff decision may further influence crude imports and refining strategies.,U...
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