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News
Empire Resources Reports Significant Results from Drilling Campaigns, Stock Zooms by ~7%
July 15, 2020 06:46 PM AEST| By Team Kalkine MediaSummary Empire Resources Limited has reported excellent exploration results for the Yuinmery Project as well as Smith Well prospect during the quarter ended 30 June 2020. Additional RC drilling programs and a Downhole Electromagnetic (DHEM) sur.....
The new JobKeeper might cause bankruptcies for businesses
July 15, 2020 05:45 PM AEST| By Team Kalkine MediaSummary With the end date of the government’s wage subsidy program approaching in September, businesses have been warned that the incentive could make them go bankrupt. The Federal government has pledged some form of income support for th.....
Coal Prices Bounce Back; Whitehaven Coal Delivers Strong Production In June Quarter
July 15, 2020 04:47 PM AEST| By Team Kalkine MediaSummary Coal prices are now turning around slightly after taking a considerable fall, with New Castle Coal Futures recovering by ~13.27 per cent from its low of USD 59.15 a tonne to USD 67.00 a tonne. Coal market has witnessed a weak performanc.....
Another String to Imugene’s Bow - Attains Ethics Approval for Initiation of PD1-Vaxx’ Phase 1 Clinical Trial
July 15, 2020 03:19 PM AEST| By Team Kalkine MediaAustralian clinical stage immuno-oncology firm, Imugene Limited (ASX:IMU) has attained a significant milestone with the receipt of ethics approval for Phase I clinical trial of anti-cancer immunotherapy, PD1-Vaxx. PD1-Vaxx is Imugene’s B-cel.....
Second Wave of Infection: NSW Under Spotlight with Surge in Coronavirus Cases
July 15, 2020 02:25 PM AEST| By Team Kalkine MediaWhen it seemed that the nation is going in the right direction about controlling the spread of coronavirus, new cases in Victoria and NSW emerged as speed breakers to the pace of economic recovery. As per medical experts, Australia is experiencing.....
Horizon Minerals Ltd Channelised towards Gold Exploration, Divests Nanadie Well Copper Project
July 15, 2020 12:52 PM AEST| By Team Kalkine MediaSummary Horizon Minerals entered into an agreement with Cyprium Metals for divesting 100% Nanadie Well Copper Project for $1.5 million in cash and shares. HRZ is focused on advancing its gold-centric exploration, fixated on developing a stand-a.....
Renascor Shining as Purification Tests Confirm Siviour Potential for Eco-Friendly, Low-Cost Battery-Grade PSG
July 15, 2020 11:42 AM AEST| By Team Kalkine MediaThe unapparelled exploration journey of Renascor Resources Ltd (ASX: RNU) appears further to strengthen the viability of Siviour Graphite Project, piggybacking on the latest tests undertaken by German graphite specialist ProGraphite GmbH, holding e.....
Day Gains: 4 Small-Cap Players that Investors are Looking at – MXC, NSB, NVU, BGT
July 14, 2020 10:34 PM AEST| By Team Kalkine MediaSummary MGC Pharmaceuticals received a cannabis research cultivation permit, allowing the company to continue botanical research projects with RMIT University for anticancer treatments. Preliminary study results highlight that NeuroScientific B.....
Consumer Spending and Confidence dips due to COVID-19 outbreak in Victoria
July 14, 2020 10:25 PM AEST| By Hina ChowdharyThe condition of Australian economy now depends on how well the virus cases can be controlled in Victoria, as businesses and consumer sentiments, combined with consumer spending have started dwindling amid rising fears of the second wave. The surge.....
IT Ends as ASX’s Worst Performer; Sector Index Affected by ALU and PPH Performance
July 14, 2020 10:10 PM AEST| By Kunal SawhneySummary Most indices on the ASX settled in the red, influenced by the rising COVID-19 cases in the country. Amongst the indices, All Technology Index and S&P/ASX 200 Information Technology were the worst performers. Despite ALU’s rob.....
Market Update: How Markets Performed on 14th July 2020?
July 14, 2020 08:44 PM AEST| By Team Kalkine MediaOn 14th July 2020, Australian equity market closed in red and the benchmark index S&P/ASX200 went down by 36.4 points to 5941.1. The index has lost 1.19% and 11.28% during the last five days and 52 weeks, respectively. S&P/ASX 200 Industrials...
Lens on COVID-19 Vaccine Developments: Pfizer & BioNTech Granted FDA Fast-track Designation and more
July 14, 2020 08:29 PM AEST| By Team Kalkine MediaSummary The unrelenting pressure from the coronavirus pandemic has made the development of a COVID-19 vaccine the top priority of governments and healthcare authorities around the globe. Pfizer and BioNTech obtained FDA fast-track designation f.....
Calima’s Contingent Resources Elevated to Development Pending Status Post Resource Upgrade
July 14, 2020 07:19 PM AEST| By Team Kalkine MediaSummary Calima has attained a significant milestone with a resource upgrade at Calima Lands asset in British Columbia, Canada. The Company’s Contingent Resources have been elevated to the Development Pending category, that would be catego.....
TPG Telecom Under Spotlight: Commenced Trading on ASX on An Ordinary Settlement Basis
July 14, 2020 05:52 PM AEST| By Team Kalkine MediaSummary TPG Corporation and TPG Telecom announced the implementation of the scheme of arrangement between TPM and its shareholders related to the TPM and TPG Telecom merger. The discussion related to the merger of TPG Telecom and Vodafone Hutch.....
Iron Ore Inks A New 52-week High; ASX-listed Iron Ore Stocks Rallying, FMG at a New Record High
July 14, 2020 05:26 PM AEST| By Team Kalkine MediaSummary Iron ore prices are once again running in a full sprint with prices of iron ore futures on DCE hitting a new 52-week high. The surge in iron ore prices is well supported by a robust steel production across China and increasing domestic .....
St Barbara and Dacian Gold Release Quarterly Performance Figures
July 14, 2020 01:51 PM AEST| By Team Kalkine MediaSummary Gold spot has been the best performer of the year so far with prices reaching a new seven-year high of USD 1,818.13 per ounce recently. The surge in gold prices has drawn attention of the market participants towards ASX-listed gold stoc.....
Nyrada Cholesterol-Lowering Drug Achieves Encouraging Preclinical Results, Stock Responds Positively
July 14, 2020 12:07 PM AEST| By Team Kalkine MediaAustralian-listed drug discovery and development company Nyrada Inc. (ASX: NYR) has met the significant scientific milestone with encouraging preclinical results from its cholesterol-lowering program, in a bid to replace expensive ongoing injection.....
Crude Oil Continues on the recovery path, Libya blaming UAE on support to Hifter
July 13, 2020 10:32 PM AEST| By Team Kalkine MediaSummary Brent at US$42.81 a bbl, WTI at US$40.21 per bbl Strong demand recovery from India & China in June, US refined product demand growth awaited Libya internal disputes on oil revenue allocation continue, may experience a further disru.....
Much talked about ETF on ASX: ETFS Ultra Long Nasdaq 100 Hedge Fund
July 13, 2020 09:27 PM AEST| By Hina ChowdharySummary ETFs are a pool of investment that provides exposure to an area of the market. The portfolio comprises of equity and bonds, and trades close to its NAV (net asset value). ETFS Ultra Long Nasdaq 100 Hedge Fund (LNAS) and ETFS Ultra Short.....
Sultan Accelerated Growth Story, Delivers ~200% Return in the Past 3 Months
July 13, 2020 09:19 PM AEST| By Team Kalkine MediaSummary Sultan owns five projects in Yilgarn craton and Lachlan Fold Belt Gold and precious metals project in the established mining neighbourhoods Acquisition of LFB project completed in late June Sultan Resources Ltd (ASX: SLZ), the new.....
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