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Stocks
ASX Slips as Uranium and Gold Stocks Surge Amid Market Concerns
September 23, 2024 03:14 PM AEST| By Team Kalkine MediaThe Australian sharemarket saw a decline on Monday as concerns grew over the timing of a potential interest rate cut by the Reserve Bank of Australia (RBA). With inflation still elevated, the RBA is widely expected to keep the cash rate steady at 4.3...
Exciting Developments in the Mining Sector: Key Highlights from Recent Exploration
September 23, 2024 02:41 PM AEST| By Team Kalkine MediaSeveral companies in the mining sector have recently reported significant developments, showcasing promising results from their exploration projects. Here are some notable updates from the industry.,Mithril Silver and Gold (ASX:MTH),MTH is making wav...
Brightstar Resources (ASX: BTR) Advances Gold Exploration at Jasper Hills
September 23, 2024 01:43 PM AEST| By Team Kalkine MediaBrightstar Resources Ltd,(ASX: BTR),is making significant strides in its gold exploration efforts, particularly at the Jasper Hills project. Recent drilling results for this,ASX mining stock,have bolstered confidence in the potential for high-grade g...
Coles (ASX:COL) and Woolworths (ASX:WOW) Shares Tumble Amid Legal Challenges from Competition Regulator
September 23, 2024 01:37 PM AEST| By Team Kalkine MediaShares of Australian supermarket giants Coles Group Ltd (ASX:COL) and Woolworths Group Ltd (ASX:WOW) experienced significant declines on Monday, with Coles slipping by as much as 3.8% and Woolworths by 4.4%. This downturn follows the announcement fro...
Healius (ASX:HLS) Shares Swing Following Major Asset Sale Announcement
September 23, 2024 01:25 PM AEST| By Team Kalkine MediaHealius Ltd (ASX:HLS), a prominent player in the Australian healthcare sector, is experiencing significant volatility in its share price following the announcement of a major asset sale. After closing Friday at AU$1.61, shares surged by 6.5% in early...
South32 (ASX:S32) Shares Dip Despite Positive News on Hermosa Project
September 23, 2024 01:22 PM AEST| By Team Kalkine MediaShares of South32 Ltd (ASX:S32) are experiencing a slight decline, down 1% to AU$ 3.16 in early trading on Monday. This drop comes despite a favorable announcement regarding the company's Hermosa project in Arizona, raising questions about investor s...
Telix Pharmaceuticals (ASX:TLX) Acquires RLS in Major US Expansion, Shares Decline Amid Market Weakness
September 23, 2024 01:11 PM AEST| By Team Kalkine MediaTelix Pharmaceuticals Ltd (ASX:TLX) is making headlines with its recent acquisition of RLS Group for AU$ 230 million in cash, along with a potential deferred cash consideration of up to $20 million. Despite this significant move to strengthen its pos...
REA Group's (ASX:REA) Third Takeover Bid for Rightmove Falls Flat, Shares Decline
September 23, 2024 01:09 PM AEST| By Team Kalkine MediaShares of REA Group Ltd (ASX:REA) continued their downward trajectory on Monday, dropping 1.5% to AU $196.30 amid ongoing challenges in its pursuit of acquiring Rightmove (LSE:RMV). This marks another setback for the property listings company, which...
What’s Causing Slip in IAG (ASX:IAG) Share Price Despite Strong Financial Performance?
September 23, 2024 01:06 PM AEST| By Team Kalkine MediaThe Federal Court’s recent ruling has added a layer of complexity to the ongoing narrative surrounding Insurance Australia Group Ltd (ASX:IAG), as the company’s share price slipped 1.6% to AU$ 7.555 on Monday. This decline follows a week where IAG sh...
Lunnon Metals Ltd (ASX: LM8) Reports Promising Gold Discovery at Lady Herial Target
September 23, 2024 12:18 PM AEST| By Team Kalkine MediaLunnon Metals Ltd,(ASX: LM8),has announced a significant gold discovery at the Lady Herial target within its Kambalda Gold & Nickel Project (KGNP) in Western Australia. Drilling results for this,ASX mining stock,have revealed gold grades reaching up...
WORLEY SECURES SIGNIFICANT CONTRACT IN OMAN
September 23, 2024 11:04 AM AEST| By Team Kalkine MediaGlobal engineering firm Worley (ASX: WOR) has announced a strategic five-year agreement with Petroleum Development Oman (PDO), highlighting its expanding presence in the Middle East. The contract encompasses the provision of engineering and procureme...
ACCC Takes Legal Action Against Coles Group Limited (ASX: COL) and Woolworths Group Limited (ASX: WOW) for Misleading Price Discounts
September 23, 2024 10:56 AM AEST| By Team Kalkine MediaThe Australian Competition and Consumer Commission (ACCC) has initiated legal action against,Coles Group Limited (ASX: COL),and,Woolworths Group Limited (ASX: WOW),, alleging that the two largest supermarket chains misled customers regarding price di...
South32 Secures US$166M Grant from US Government for Arizona Manganese Project
September 23, 2024 10:11 AM AEST| By Team Kalkine MediaSouth32 Ltd (ASX:S32) has been awarded a US$166 million grant by the US Department of Energy (DOE) for the development of its Clark deposit. This deposit is part of the larger Hermosa project in Arizona and is set to become a key supplier of battery-...
Healius Divests Lumus Imaging in $965 Million Deal to Reduce Debt
September 23, 2024 10:05 AM AEST| By Team Kalkine MediaHealius Limited (ASX:HLS) has announced plans to divest Lumus Imaging for a substantial sum of $965 million. The deal, which is set to pay down debt and generate returns for investors, is being executed with Affinity Equity Partners, an Asian private...
ACCC Takes Legal Action Against Woolworths (ASX:WOW) and Coles (ASX:COL) Over Misleading Pricing Claims
September 23, 2024 09:59 AM AEST| By Team Kalkine MediaThe Australian Competition & Consumer Commission (ACCC) has initiated legal proceedings against Woolworths Group Ltd (ASX:WOW) and Coles Group Ltd (ASX:COL), accusing the supermarket giants of deceptive discounting practices on a range of everyday pr...
Telix Pharmaceuticals Expands North American Operations with RLS Acquisition
September 23, 2024 09:52 AM AEST| By Team Kalkine MediaTelix Pharmaceuticals Ltd (ASX:TLX), based in Melbourne, is set to significantly expand its presence in North America through the acquisition of RLS Inc., the only US radiopharmacy network accredited by the Joint Commission. This strategic move will...
Door Opens to COVID Business Interruption Claims
September 23, 2024 09:51 AM AEST| By Team Kalkine MediaA recent Federal Court of Australia class action ruling has opened the path for business customers with business interruption policies during the COVID-19 lockdowns to pursue claims against Insurance Australia Group (ASX:IAG). This decision follows a...
Omega Oil and Gas Begins Horizontal Drilling at Canyon-1 Well
September 23, 2024 12:00 AM AEST| By Team Kalkine MediaOmega Oil and Gas Ltd (ASX: OMA) has commenced a significant drilling operation at its Canyon-1 well, located approximately 140 kilometers southeast of the Wallumbilla gas hub near Brisbane. This project marks a major step in testing gas flow potenti...
MoneyTalks: Pengana’s James McDonald Shares Insights on Leading ASX Biotechs
September 20, 2024 07:45 PM AEST| By Team Kalkine MediaMoneyTalks provides a detailed exploration of current stock market interests, tapping into insights from industry experts. The focus today is on James McDonald, portfolio manager of the Pengana High Conviction Equities Fund, which has adopted an unco...
Develop Global Engages GR to Bring Woodlawn Copper-Zinc Plant Online by Mid-2025
September 20, 2024 07:44 PM AEST| By Team Kalkine MediaDevelop Global,(ASX: DVP),shares saw an increase of over 4% during Friday's lunchtime trading session following the announcement that GR Engineering has been appointed to advance the Woodlawn copper-zinc processing plant. This appointment signals tha...
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