Stocks
IGO Ltd Takes Major Step Into Copper with 70% Stake in Encounter’s Yeneena Project
December 16, 2024 12:21 PM AEDT| By Team Kalkine MediaHighlights,Strategic Copper Investment,: IGO Ltd has,acquired,a 70% stake in Encounter Resources’,Yeneena,Copper Project (YCP), marking a significant shift towards copper exploration amid fluctuating lithium and nickel markets.,Copper and Cobalt Pote...
Iltani Hits Highest Grade to Date at Orient East, Queensland
December 16, 2024 12:19 PM AEDT| By Team Kalkine MediaKey Highlights:,Iltani,Resources achieves a record 1707g/t silver equivalent (,AgEq,) from its Orient East deposit, marking the highest grade recorded at the project.,The significant assay results come from four reverse circulation (RC) drill holes,...
INOVIQ's Early-Stage Success in Targeting Breast Cancer with Exosomes
December 16, 2024 12:18 PM AEDT| By Team Kalkine MediaHighlight:,INOVIQ Ltd (,ASX:IIQ,) reports initial success in using exosomes from natural killer (NK) cells to target and kill breast cancer cells in vitro.,Exosomes,,proteins,and DNA carrying nanoparticles, are engineered with chimeric antigen recept...
Lindian Resources Secures $50 Million Deal for Rare Earths Project Development
December 16, 2024 12:16 PM AEDT| By Team Kalkine MediaHighlights,Lindian,Resources (LIN) signs a US$50 million funding and offtake term sheet.,Gerald Group to support the development of,Kangankunde,Rare Earths Project.,Feasibility study,showcases,low-cost structure with significant economic potential.,L...
Insignia Financial Shares Dip Despite $1.7 Billion Takeover Bid
December 16, 2024 12:12 PM AEDT| By Team Kalkine MediaHighlights,Takeover Bid,: Bain Capital's $1.7 billion offer values Insignia at trading multiples comparable to peer AMP but faces potential regulatory hurdles.,Analyst Concerns,: Morgan Stanley highlights elevated outflow risks due to platform integr...
Invex Reports Promising Results in Alzheimer’s Simulation Using Exenatide
December 16, 2024 12:11 PM AEDT| By Team Kalkine MediaHighlights,Exenatide's Role in Alzheimer's Simulation,:,Invex,Therapeutics has successfully tested exenatide, a diabetes drug, in a 3D human brain model to assess its potential in delaying Alzheimer’s disease (AD). This marks the first demonstration...
Aerometrex (ASX:AMX) Streamlines Operations with Aircraft Divestment
December 16, 2024 12:09 PM AEDT| By Team Kalkine MediaHighlights,Aerometrex,(AMX) sold three non-core,aircraft,for $850,000,.,The sale supports optimization of the,MetroMap,program,.,Management expects a neutral impact on the company’s balance sheet,.,Aerometrex (ASX:AMX) has announced the successful sa...
4DX, BRN and MEZ: Three ASX Shares Start Strong Despite Subdued Market Performance
December 16, 2024 12:08 PM AEDT| By Team Kalkine MediaHighlights,4DMedical shares rose over 3% after a new partnership with the University of Chicago Medicine.,Brainchip Holdings stock surged 12.5% on a licensing agreement for space-grade AI technology.,Meridian Energy shares gained 4% following a posit...
MRC Advances Munglinup and Anode Projects with Skaland Sale
December 16, 2024 12:05 PM AEDT| By Team Kalkine MediaHighlights,Mineral Commodities (MRC) sells,Skaland,graphite project for US$11.75 million,.,Proceeds,to focus on,Munglinup,Graphite Project and active anode plans in Australia,.,Skaland's,buyer assumes liabilities, ensuring streamlined operations for...
Yancoal Australia’s (ASX:YAL) Valuation: Examining the Numbers Behind the Sentiment
December 16, 2024 11:52 AM AEDT| By Team Kalkine MediaHighlights,Yancoal,Australia's (YAL) low P/E ratio reflects market sentiment on earnings,.,Recent earnings decline raises concerns about growth expectations,.,Market trends suggest,cautious,outlook for the company's valuation,.,Yancoal Australia (ASX...
Predictive Discovery (ASX:PDI) Strikes High-Grade Gold at Bankan’s Argo Prospect
December 16, 2024 11:45 AM AEDT| By Team Kalkine MediaHighlights,Predictive Discovery (PDI) reports high-grade gold intercepts at the,Bankan,Gold Project in Guinea,.,Drill results include 6,metres,at 19.98 g/t gold, with more assays pending,.,Resource estimate expected in the first quarter of 2025 for m...
Forrestania Resources Acquires Key Tenement for Bonnie Vale Gold
December 16, 2024 11:24 AM AEDT| By Team Kalkine MediaHighlights,Forrestania Resources (FRS),acquires,strategic tenement,under option,near its Bonnie Vale Project,.,The new tenement includes the,Kunanalling,Shear Zone, a prominent gold-bearing structure,.,Plans for geological reviews and fieldwork to,va...
Lithium Boost: Pursuit Minerals Triples Rio Grande Sur Resources
December 16, 2024 11:12 AM AEDT| By Team Kalkine MediaHighlights,Pursuit Minerals' (PUR) flagship project sees a resource upgrade exceeding 300%,.,The Rio Grande Sur Project is now positioned for long-term growth in the lithium sector,Feasibility studies underway for scaling production to meet market de...
AMP (ASX:AMP) Stirs Debate with Bitcoin Investment in Superannuation Portfolio
December 16, 2024 11:08 AM AEDT| By Team Kalkine MediaHighlights,AMP (AMP) invests in Bitcoin, igniting debate in the superannuation industry,.,The crypto allocation forms a small, risk-controlled,portion,of AMP's diversified portfolio,.,Industry reactions highlight concerns about crypto's volatility an...
RocketBoots Limited (ASX:ROC) Announces Trading Halt Pending Key Update
December 16, 2024 11:04 AM AEDT| By Team Kalkine MediaHighlights,RocketBoots,Limited (ROC) securities placed in a trading halt,.,Pending announcement expected to bring new updates,.,Trading halt,effective,until further notice or market announcement,.,RocketBoots Limited (ASX:ROC), a company known for it...
Could This Unseen Stock Be the Next Big Market Disruptor?
December 14, 2024 11:00 AM AEDT| By Team Kalkine MediaHighlights:,Renascor Resources (ASX:RNU) is establishing a purified spherical graphite demonstration plant in South Australia.,The project is supported by a government grant and a significant loan for upstream development.,Renascor aims to be the fir...
Is ASX Limited (ASX:ASX) Maintaining Its Competitive Edge in the Market?
December 13, 2024 06:21 PM AEDT| By Team Kalkine MediaHighlights,ASX Limited (ASX) operates as Australia’s primary securities exchange.,ASX reported strong revenue growth alongside stable financial health metrics.,The company maintains a competitive edge in the Australian market.,ASX Limited (ASX:ASX) p...
Fortescue Shares Slide Amid China Stimulus Concerns and Industry Challenges
December 13, 2024 06:01 PM AEDT| By Team Kalkine MediaHighlights,Fortescue shares decline amid concerns over China's stimulus measures.,Broader materials sector experiences significant dips on the ASX.,Analysts highlight challenges impacting the iron ore industry.,Shares of Fortescue Metals Group (ASX:F...
Leadership Transition at Iluka Resources: Robert Cole Steps Down
December 13, 2024 05:52 PM AEDT| By Team Kalkine MediaHighlights,Iluka Resources announces leadership change as Robert Cole steps down.,Andrea Sutton continues as acting chair for Iluka Resources (ILU).,Cole led significant milestones, including demergers and diversification.,Iluka Resources (ASX:ILU),...
How to Analyze Coles (ASX:COL) and Mineral Resources (ASX:MIN) Shares for Insights
December 13, 2024 05:42 PM AEDT| By Team Kalkine MediaHighlights,Coles operates as a major Australian retailer, leading in fresh food and grocery essentials.,Mineral Resources focuses on lithium and iron ore production alongside mining services.,Both companies have unique growth strategies and business...
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