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Duxton Water (ASX:D2O) Finalizes $121.3 Million Water Entitlements Transaction with Australian Government
March 06, 2025 12:20 PM AEDT| By Team Kalkine MediaHighlights,Duxton Water (D2O) to transfer 30,614,megalitres,of water entitlements to the Australian Government.,The deal secures $121.3 million in proceeds, supporting environmental water flows.,Funds to be,utilized,for portfolio adjustments and debt...
Energy Sector Weighs on ASX as Oil Prices Decline; Mesoblast (ASX:MSB) Faces Initial Setback
March 06, 2025 11:42 AM AEDT| By Team Kalkine MediaHighlights,Energy stocks lead losses on ASX,following oil price declines due to US tariff concerns.,Healthcare and banking sectors,also,under pressure,,with major players slipping in value.,Corporate developments,impact,stock movements,,including Mes...
Amcor Unveils Major Restructure and Leadership Overhaul After Berry Merger
March 06, 2025 11:41 AM AEDT| By Team Kalkine MediaHighlights,Amcor (AMC) outlines a two-division structure post-merger with Berry Global (,NYSE:BERY,).,Leadership changes expected, including new heads for both business units and,possibly a,CFO.,Combined,entity will,operate,400 packaging plants with...
Myer’s Growth Potential: Could Its Stock Value Double?
March 06, 2025 11:38 AM AEDT| By Team Kalkine MediaHighlights,Myer (MYR) is in the,early stages,of a significant turnaround under new leadership.,A major strategy shift and brand integration could drive substantial growth.,If successful, Myer’s stock price has the potential to more than double.,Myer...
Australian Rare Earths (ASX:AR3) Unveils Shallow Uranium Discovery, Expands Drilling Program
March 06, 2025 11:35 AM AEDT| By Team Kalkine MediaHighlights,Significant uranium discovery,at Overland Project, with potential for calcrete-hosted,mineralisation,.,Drilling extends key,palaeovalley,, revealing new exploration targets.,Accelerated drilling program,set,to continue, with priority assay...
3 ASX ETFs Offering Potential for Steady Dividend Income
March 06, 2025 11:34 AM AEDT| By Team Kalkine MediaHighlights,ETFs,provide,an easy way,to access diversified dividend income.,Three ETFs focusing on blue-chip stocks, property, and bonds.,Potential for long-term passive income with varying risk levels.,Exchange-traded funds (ETFs) have become a popul...
Antipa Minerals (ASX:AZY) Resumes Trading and Advances Wilki Project Exploration
March 06, 2025 11:31 AM AEDT| By Team Kalkine MediaHighlights,Antipa,Minerals (AZY) resumes trading following a capital consolidation.,Regains full ownership and management of the Wilki Project after Newmont (,NYSE:NEM,) exits farm-in agreement.,Drill testing for the high-potential Parklands target,s...
Michael Hill (ASX:MHJ) Appoints Interim CEO Amid Leadership Transition
March 06, 2025 11:30 AM AEDT| By Team Kalkine MediaHighlights,Michael Hill (,ASX:MHJ,) names Andrew Lowe as Interim CEO.,Board,initiates,a global search for a permanent CEO.,Leadership team strengthens support during the transition.,Michael Hill (ASX:MHJ) has announced a key leadership transition, ap...
Woodside Energy Faces Downturn Amid Oil Price Slump and Dividend Adjustments
March 06, 2025 11:26 AM AEDT| By Team Kalkine MediaHighlights,Share Price Decline:,Woodside’s shares are down 5% to AU$22.89 amid a challenging trading session.,Oil Price Impact:,Global oil prices, with WTI at US$66.24 and Brent at US$69.26, have dropped due to concerns over OPEC production increases...
BHP Shares Slide as Ex-Dividend Trading Reflects Adjusted Dividend Outlook
March 06, 2025 11:23 AM AEDT| By Team Kalkine MediaHighlights,Ex-Dividend Impact:,BHP shares dropped nearly 1% as they went ex-dividend for the interim dividend.,Financial Performance:,Half-year results showed a 23% decline in underlying attributable profit, dropping to US$5.1 billion.,Free Cash Flow...
RTG Mining and Glencore Forge Strategic Partnership for Mabilo Project Stage 1
March 06, 2025 11:21 AM AEDT| By Team Kalkine MediaHighlights,Strategic Alliance:,Mt. Labo partners with Glencore to secure offtake and financing for Stage 1 of the high-grade Copper and Gold Mabilo Project.,Robust Financing Package:,A secured facility of up to US$30 million, structured in three tran...
TG Metals Bolsters Portfolio with 80% Acquisition in Van Uden Gold Project
March 06, 2025 11:19 AM AEDT| By Team Kalkine MediaHighlights,Strategic Acquisition:,TG Metals has executed a Sale and Purchase Agreement (SPA) to acquire an 80% operating interest in the Van Uden Gold Project in Western Australia.,Attractive Transaction Terms:,The deal includes an upfront cash payme...
APRA Proposes Sweeping Reforms to Strengthen Governance in Australia’s Financial Sector
March 06, 2025 11:16 AM AEDT| By Team Kalkine MediaHighlights,Comprehensive Overhaul:,APRA has introduced eight new proposals targeting banks, insurers, and superannuation trustees to bolster governance standards.,Board Tenure Cap:,A key reform is a proposed 10-year limit on the tenure of non-executi...
Morgan Stanley Initiates Coverage on Myer Holdings with Bullish Outlook
March 06, 2025 11:13 AM AEDT| By Team Kalkine MediaHighlights,Overweight Rating:,Morgan Stanley initiates coverage on Myer Holdings with an "overweight" rating and a price target of AU$1.10.,Turnaround Potential:,The brokerage believes the apparel market is underestimating Myer's ability to restore g...
Morgan Stanley Revises AGL Energy Outlook Amid Lowered Earnings Forecast
March 06, 2025 11:09 AM AEDT| By Team Kalkine MediaHighlights,Revised Price Target:,Morgan Stanley lowers its price target on AGL Energy to AU$11.88 from AU$12.66 amid a downward earnings forecast.,Rating Upgrade:,The brokerage upgrades AGL’s rating to "equal-weight" from "over-weight," favoring the...
The Strategic Future of VHM's Goschen Project (ASX:VHM)
March 06, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,VHM's Goschen project in Victoria receives a three-year extension of its major project status from the federal government.,The project emphasizes the significance of rare earths and mineral sands in its developmental strategy.,Looking ahea...
Strategic Moves in the Resource Sector: Recent Developments
March 06, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,Almonty Industries partners with American Defence International to strengthen its tungsten supply position in the U.S.,Terra Uranium expands its portfolio with acquisitions in tin, silver, and gold, reinforcing its strategic position.,Lotu...
Pursuit Minerals Achieves Pilot Plant Milestone in Argentina
March 06, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,Pursuit Minerals successfully commissions its 250tpa pilot plant for lithium carbonate production in Argentina.,The scalable operation aims to align with recovering global lithium demand.,Strategic positioning in Argentina opens doors for...
Pure Hydrogen (ASX:PH2) Expands Footprint with Hydrogen-Powered Truck Order
March 06, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,Milestone Order:,Pure Hydrogen (ASX:PH2) secures a deal with Heidelberg Materials Australia for a hydrogen fuel cell concrete agitator truck.,Cutting-Edge Tech:,The truck features a 58kWh battery, 200kW fuel cell, and advanced safety mecha...
Blackstone Minerals Unveils Visible Gold at Mankayan Amid Merger Progress
March 06, 2025 01:55 AM AEDT| By Team Kalkine MediaHighlights,Visible gold identified,in latest drilling at the Mankayan copper-gold project.,Angled drilling approach,improves understanding of mineralization potential.,Merger with IDM International,advancing towards unlocking project value.,Blackston...
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