Stocks
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...
Hidden Australian Stock Gems Poised for Growth
December 13, 2024 05:35 PM AEDT| By Team Kalkine MediaHighlights,GenusPlus Group (GNP) demonstrates robust financial performance and strategic expansion in the infrastructure sector.,MFF Capital Investments (MFF) shows financial stability with undervalued trading potential.,Tasmea (TEA) delivers strong...
Rio Tinto Expands Lithium Operations with Major Rincon Project
December 13, 2024 04:18 PM AEDT| By Team Kalkine MediaHighlights,Rio Tinto (RIO) commits $2.5 billion to expand lithium production in Argentina.,Rincon project to achieve 60,000 tonnes of battery-grade lithium carbonate annually.,Expansion aligns with Rio Tinto’s push for a world-class battery materials...
Acrux Secures Fourth FDA Approval for Nitroglycerin Ointment, Advancing U.S. Commercialisation
December 13, 2024 03:15 PM AEDT| By Team Kalkine MediaHighlights:,FDA Approval and Commercialisation:,Acrux Ltd (ASX: ACR) receives FDA approval for,Nitroglycerin,Ointment 0.4%, a topical treatment for chronic anal fissures, enabling U.S. commercialisation through licensee,TruPharma,.,Market Potential:,...
Rio Tinto Expands Argentina’s Rincon Lithium Project with $2.5B Investment
December 13, 2024 03:07 PM AEDT| By Team Kalkine MediaHighlights:,$2.5B Expansion:,Rio Tinto announces a $2.5 billion investment to expand its Rincon lithium project in Argentina, aiming for an annual production capacity of 60,000 tonnes of lithium carbonate by 2028.,Sustainability and ESG Commitment:,T...
Iluka Resources Chairman Rob Cole Steps Down for Health Reasons
December 13, 2024 03:06 PM AEDT| By Team Kalkine MediaHighlight:,Rob Cole steps down as,Chairman,of Iluka Resources due to health reasons after a month-long temporary leave.,With over 30 years in the energy and resources sectors, Cole contributed to key transformations at Iluka, including the rare earth...
Auric Mining Achieves $5.2 Million in Gold Sales from Jeffrey’s Find
December 13, 2024 03:04 PM AEDT| By Team Kalkine MediaHighlight:,Auric Mining (,ASX:AWJ,) generates $5.2 million from 1,243oz of gold sold from Jeffrey’s Find.,The operation, a joint venture with BML Ventures, processed 64,520 dry metric tonnes at Three Mile Hill mill.,Stage Two mining at Jeffrey’s Find...
Exploring Growth Lightning Minerals' Strategic Moves in Brazil's Lithium Valley
December 13, 2024 02:51 PM AEDT| By Team Kalkine MediaHighlights,Lightning Minerals (L1M) progresses lithium projects in Brazil's Lithium Valley,.,Strategic acquisitions capitalize on Brazil's growing lithium potential,.,Promising groundwork sets the stage for significant 2025 developments,.,Lightning M...
Oceana Lithium Advances Exploration with Successful Entitlement Offer
December 13, 2024 02:48 PM AEDT| By Team Kalkine MediaHighlights,Oceana Lithium (OCN),finalizes,its recent entitlement offer,.,Funds to support exploration in Australia and Brazil,.,Cash reserves to,assist,with due diligence on new projects,.,Oceana Lithium (ASX:OCN) has announced the successful complet...
LCL Resources Strikes Deal to Sell Colombian Gold Projects to Tiger Gold Corporation
December 13, 2024 02:44 PM AEDT| By Team Kalkine MediaHighlights:,LCL Resources has entered into an agreement with Tiger Gold Corporation (TGC) to sell its Colombian gold assets, including the Andes Gold and,Quinchia,projects.,The deal includes an upfront A$1 million payment, with,additional,terms linke...
Emerald Resources Expands Memot Gold Project Resource to 1.03Moz
December 13, 2024 02:42 PM AEDT| By Team Kalkine MediaHighlights:,Emerald Resources (ASX: EMR) increases,Memot,Gold Project resource by 120% to 1.03Moz, with 19.5Mt of ore at 1.65g/t gold.,70% of the resource is classified as ‘Indicated’, with mineralisation open in all directions, supported by active d...
Institutional Ownership and Insider Trends: Examining oOh!media Limited (ASX:OML)
December 13, 2024 02:12 PM AEDT| By Team Kalkine MediaHighlights,Institutional investors hold a significant stake in,oOh!media,Limited (OML), controlling 74% of the company,.,A recent 12% share price decline adds to a year-long decrease, influencing market dynamics,.,Insider ownership,remains,limited, w...
Analyzing Washington H. Soul Pattinson's (ASX:SOL) Shareholder Structure
December 13, 2024 02:10 PM AEDT| By Team Kalkine MediaHighlights,Individual investors own 52% of Washington H. Soul Pattinson (SOL).,Public companies hold a significant 26% stake in the company.,Brickworks Limited (BKW) is the largest shareholder with 26% ownership.,Understanding shareholder composition...
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