Stocks
SiteMinder Sees Stock Increase as Positive Outlook Emerges
October 11, 2024 01:11 PM AEDT| By Team Kalkine MediaHighlights,SiteMinder experiences stock price increase.,Analysts express,positive,outlook on SDR.,SDR sees a revised price target boost.,SiteMinder (ASX: SDR), a leading hotel software provider, saw a notable rise in its stock price on Friday afterno...
Oil Prices Surge as Middle East Tensions Escalate
October 11, 2024 12:48 PM AEDT| By Team Kalkine MediaHighlights,Oil prices increased by over 3%, approaching $76 per barrel.,Geopolitical tensions in the Middle East create uncertainty in the oil market.,Traders,remain,cautious as the situation evolves.,Oil prices experienced a sharp increase on Thursd...
Seven Group Holdings Announces Rebrand to SGH Limited
October 11, 2024 12:39 PM AEDT| By Team Kalkine MediaHighlights,Seven Group Holdings will rebrand to SGH Limited.,ASX ticker will change from SVW to SGH by November 18.,The rebrand reflects its industrial-focused business evolution.,Seven Group Holdings (ASX: SVW) is making a significant move by changi...
ASX Dips Amid US Inflation Concerns; Gold Stocks Surge, WiseTech Shares Fall
October 11, 2024 12:33 PM AEDT| By Team Kalkine MediaHighlights,ASX dips slightly due to higher-than-expected US inflation data.,Gold miners see gains, driven by a rise in gold prices.,WiseTech,Global shares decline following founder's significant stock sale.,The Australian share market experienced a s...
Appen Returns to Profitability and Announces $50 Million Capital Raising
October 11, 2024 12:23 PM AEDT| By Team Kalkine MediaHighlights,Appen reports a return to profitability in Q3,.,Company announces $50 million capital raising at a discounted rate,.,Gross margins increase to 41.2%, despite a revenue decline,.,Appen Limited (ASX:APX) has made significant announcements re...
Dubber Announces $25 Million Capital Raising
October 11, 2024 12:11 PM AEDT| By Team Kalkine MediaHighlights,Dubber announces $25 million equity raising,.,New shares offered at a significant 48.3% discount,.,Leadership changes with the retirement of two non-executive directors,.,Dubber Corporation Limited (ASX:DUB), a leader in cloud-based commun...
ASX Gold Miners Surge as US Inflation Concerns Boost Gold Prices
October 11, 2024 11:59 AM AEDT| By Team Kalkine MediaHighlights,ASX gold miners rise as gold prices increase.,Regis Resources, Capricorn Metals, and De Grey Mining lead ASX performers.,US inflation concerns push demand for gold as a safe-haven asset.,Gold mining stocks on the Australian Stock Exchange...
Unico Silver Completes Acquisition of Joaquin and Cerro Puntudo Projects
October 11, 2024 11:56 AM AEDT| By Team Kalkine MediaHighlights,Unico Silver has successfully acquired 100% ownership of the Joaquin and Cerro Puntudo properties, totaling 35,946 hectares.,The Joaquin property contains historical estimates of 16.7 million tonnes at 136 grams per tonne silver equivalent...
Tivan to Commence Ground-Disturbing Works for Speewah Fluorite Project
October 11, 2024 11:53 AM AEDT| By Team Kalkine MediaHighlights,Tivan Limited is set to begin ground-disturbing works for the Speewah Fluorite Project on 16 October 2024, after notifying the Department of Mines, Industry Regulation and Safety (DMIRS) about the exploration operations.,The Speewah Fluori...
Dubber Corporation Announces AU$25 Million Fully Underwritten Equity Raising to Drive Growth
October 11, 2024 11:49 AM AEDT| By Team Kalkine MediaKey Points:,Dubber has launched a fully underwritten AU$25 million equity raising, including institutional placements and a 1-for-1 entitlement offer.,Proceeds will be used for working capital, market awareness, tax liability reduction, and recovery...
Sunshine Metals Starts Copper-Gold Drilling at Truncheon and Highway East
October 11, 2024 11:48 AM AEDT| By Team Kalkine MediaHighlights,Sunshine Metals starts drilling at Truncheon and Highway East.,Focus is on copper-gold deposits near a historic mining site.,Assay results are expected by early December.,Sunshine Metals (ASX:SHN) has commenced a new phase of copper and go...
NRW Holdings Secures AU$109 Million Development Contract for BHP's Jimblebar Mine
October 11, 2024 11:47 AM AEDT| By Team Kalkine MediaKey Points:,NRW Civil & Mining has secured a AU$109 million contract with BHP for development works at the Jimblebar mine in the East Pilbara region, focusing on civil, mechanical, electrical, and building infrastructure.,The project involves constru...
Ragnar Metals (ASX:RAG) Reports Major Lithium Discovery at Orrvik, Sweden
October 11, 2024 11:47 AM AEDT| By Team Kalkine MediaHighlights,11.55m spodumene-bearing pegmatite discovered at Ragnar's,Orrvik,Project,.,High-grade lithium, tantalum, and tin,mineralisation,confirmed,.,Potential for further pegmatite extensions and exploration targets.,Ragnar Metals Ltd (ASX:RAG) has...
Terra Uranium and ATHA Energy Sign Strategic Option and Joint Venture Agreements for Uranium Exploration Projects
October 11, 2024 11:44 AM AEDT| By Team Kalkine MediaKey Points:,Terra Uranium and ATHA Energy have signed definitive agreements allowing Terra to acquire up to 70% of ATHA’s Spire and Horizon Projects, while ATHA can acquire up to 60% of Terra's Pasfield Lake Project.,Terra's footprint in the Athabasc...
Cadoux Receives AU$848,880 R&D Tax Incentive for 2023/2024 Financial Year
October 11, 2024 11:42 AM AEDT| By Team Kalkine MediaKey Points:,R&D Incentive Payment:,Cadoux received an R&D Tax Incentive offset of AU$848,880 for its HPA project and downstream innovations in the 2023/2024 financial year.,HPA Production Development:,The funds will support Cadoux’s fully integrated,...
EWC Sells 51% Stake in Sengkang Gas Project to PT EMP Energi Jaya for US$35 Million
October 11, 2024 11:33 AM AEDT| By Team Kalkine MediaKey Points:,EWC is selling its 51% interest in the Sengkang PSC to PT EMP Energi Jaya for US$35 million, transferring control of significant gas assets.,Jaya will assume all liabilities related to the operations of EEES, including tax, environmental,...
Kalgoorlie Gold Mining Begins Drilling New Exploration Targets at Pinjin Gold Project
October 11, 2024 11:30 AM AEDT| By Team Kalkine MediaKey Points:,KalGold has begun aircore drilling at two new target areas within its Pinjin Gold Project, focusing on untapped gold potential in the southern Laverton Tectonic Zone (LTZ).,The company’s first systematic exploration of the area aims to un...
RBNZ Cuts Cash Rate Amid Economic Concerns
October 11, 2024 11:28 AM AEDT| By Team Kalkine MediaHighlights,RBNZ cuts cash rate by 50 basis points to 4.75%.,Concerns rise over potential "triple dip" recession.,Central bank shifts from tightening to easing policy.,The Reserve Bank of New Zealand (RBNZ) has reduced its official cash rate by 50 bas...
Fletcher Building Successfully Completes NZ$418 Million Retail Entitlement Offer
October 11, 2024 11:26 AM AEDT| By Team Kalkine MediaKey Points:,Fletcher Building raised NZ$700 million, with NZ$587 million from institutional investors and NZ$113 million from retail shareholders.,Retail investors showed strong support, subscribing for NZ$83 million in new shares, with a 73% take-up...
Tower Insurance Boosts Earnings Guidance as FY24 Profit Soars
October 11, 2024 11:23 AM AEDT| By Team Kalkine MediaKey Points:,Tower now expects its FY24 underlying NPAT to be around AU$83 million, significantly higher than its initial estimate of over AU$45 million.,The absence of large events allowed Tower to release an additional AU$32 million into its earning...
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