Stocks
Miners Boost ASX 200 While Financials Weigh Ahead of Key Interest Rate Announcement
September 24, 2024 12:03 PM AEST| By Team Kalkine MediaAustralian shares experienced a nearly flat trading session on Tuesday, with gains in mining stocks offsetting losses in the financial sector. The S&P/ASX 200 index stood at 8,158.4 at the time of writing on 24 September 2024, reflecting a modest inc...
REA Group's (ASX:REA) Sweetened Bid for Rightmove Boosts Stock as Analysts Signal Progress
September 24, 2024 12:01 PM AEST| By Team Kalkine MediaShares of REA Group (ASX:REA), Australia’s leading property listing firm, rose by as much as 1.4% to AU$196.65 on 24 September 2024, following news of its revised bid for Britain's property platform, Rightmove (LSE:RMV). The new proposal, worth £6.1...
Supermarket Giants Coles (ASX:COL) and Woolworths (ASX:WOW) Under Fire for Alleged Price Manipulation
September 24, 2024 11:58 AM AEST| By Team Kalkine MediaWith the cost of everyday items a growing concern for Australian consumers, the actions of the country's major supermarket chains are under intense scrutiny. Coles (ASX:COL) and Woolworths (ASX:WOW), Australia's two largest grocers, have faced a stri...
WEB Travel (ASX:WEB) Shares Slump as Revenue Margins Lower and Price Target is Cut
September 24, 2024 11:57 AM AEST| By Team Kalkine MediaShares of WEB Travel Group (ASX:WEB) fell 2.7% to AU$7.15 on 24 September 2024 after investment bank Macquarie revised its price target for the travel company. Macquarie cut its target from AU$8.72 to AU$7.63, reflecting concerns over the company's d...
Are PLS Shares the Next Big Opportunity for Your Watchlist?
September 24, 2024 11:52 AM AEST| By Team Kalkine MediaThe share price of Pilbara Minerals Ltd,(ASX: PLS),has experienced a decline of 30.2% since the beginning of 2024. This prompts an examination of whether PLS shares deserve a spot on investment watchlists.,A Leader in Lithium Production,Pilbara Miner...
Blackmore Capital Exits Woodside (ASX:WDS) Amid Concerns, Shifts to REITs and Energy
September 24, 2024 11:52 AM AEST| By Team Kalkine MediaAmid a turbulent year for the energy sector, especially with falling oil prices, many investors are reevaluating their holdings in Australian energy stocks like Woodside Energy Group Ltd (ASX:WDS). Woodside's shares have been on a sharp decline in 20...
CTT: Cettire Releases Audited FY24 Results, Adds New Director
September 24, 2024 11:21 AM AEST| By Team Kalkine MediaOnline luxury retailer Cettire (ASX: CTT) has announced the completion of its full-year audit for FY24, confirming no changes to its revenue policy. The company initially released its annual results in late August but indicated that final sign-off fr...
Immutep Ltd (ASX:IMM) Secures A$3.6 Million R&D Tax Incentive from French Government
September 24, 2024 10:48 AM AEST| By Team Kalkine MediaImmutep Ltd (ASX:IMM), a prominent player in the biotechnology sector, has successfully secured a Research and Development (R&D) Tax Incentive valued at approximately A$3.6 million from the French government. This financial support is intended to acc...
EXIM Issues US$456M Letter of Interest to American Rare Earths Amid Rising Demand for Rare Earths
September 24, 2024 10:02 AM AEST| By Team Kalkine MediaAmerican Rare Earths Limited (ASX:ARR) has garnered significant attention following a major development involving the Export-Import Bank of the United States (EXIM). The company announced that EXIM issued a non-binding Letter of Interest (LOI) valued...
Equinox Resources Identifies 1.5 km Shear Zone and High-Grade Antimony at Alturas Project
September 24, 2024 10:01 AM AEST| By Team Kalkine MediaEquinox Resources Ltd (ASX:EQN) has confirmed a significant discovery at its Alturas antimony project in Canada, defining a 1.5-kilometre-long shear zone with widths ranging from 5 to 25 metres. This discovery offers potential to greatly enhance the...
Anson Resources Receives US$330M Letter of Interest from US Import-Export Bank
September 24, 2024 09:59 AM AEST| By Team Kalkine MediaAnson Resources Limited (ASX:ASN), a lithium exploration company, has received a Letter of Interest (LOI) from the United States' Export-Import Bank (EXIM) for US$330 million (A$482 million). This development represents a significant potential fundin...
Enova Mining (ASX:ENV) Unveils High-Grade REE Hits at CODA North with NdPr Ratios Exceeding 20%
September 24, 2024 09:43 AM AEST| By Team Kalkine MediaEnova Mining Ltd (ASX:ENV) has released its latest drill results from the ongoing rare earth element (REE) exploration at CODA North in Brazil, revealing high-grade mineralization with significant neodymium-praseodymium (NdPr) ratios exceeding 20%. T...
Coles and Woolworths Face ACCC Investigation Over Allegations of Misleading Shoppers
September 23, 2024 07:14 PM AEST| By Team Kalkine MediaThe Australian Competition and Consumer Commission (ACCC) has initiated legal proceedings against Woolworths and Coles, two of Australia’s largest supermarket chains, for allegedly misleading consumers regarding their discount pricing practices. The...
Kristie Batten: BHP’s Acquisition of Filo Resources Narrows Pool of Major Copper Developers
September 23, 2024 07:11 PM AEST| By Team Kalkine MediaWhen BHP (,ASX:BHP),and Lundin Mining Corporation jointly announced their bid for Toronto-listed copper explorer Filo Corp in late July, excitement surged in the mining sector. The C$4.1 billion cash and stock offer, reflecting a premium of 32.2%, is...
Break It Down: Brightstar Secures Early Advantage of the Week on Stockhead TV
September 23, 2024 07:10 PM AEST| By Team Kalkine MediaBrightstar Resources Ltd,(ASX: BTR),,based in Western Australia, has achieved a notable success at the Fish deposit, reporting an impressive intercept of 1 meter at 45.3 grams per tonne (g/t) gold from a depth of 177 meters. This significant result c...
Magnetite Mines Completes Board Review in Preparation for Razorback Iron Ore Project Development Phase
September 23, 2024 07:09 PM AEST| By Team Kalkine MediaMagnetite Mines Ltd,(ASX:MGT),has successfully conducted a comprehensive review of its governance structure and cost base, aimed at streamlining operations as the company progresses toward the next development phase of the Razorback Iron Ore Project...
Anson Resources Expands Green River Lithium Project with Strategic Land Acquisition
September 23, 2024 07:08 PM AEST| By Team Kalkine MediaAnson Resources Ltd,(ASX:ASN),has expanded the Green River Lithium Project located in the Paradox Basin of Utah, USA, by securing additional strategic land. This expansion will enhance the project’s exploration capabilities and resource potential.,Ex...
Lunnon Metals Reports 18 Meters at 5.27 g/t Gold from Lady Herial at Kambalda Gold and Nickel Project
September 23, 2024 07:07 PM AEST| By Team Kalkine MediaLunnon Metals Ltd,(ASX:LM8),has reported significant gold mineralization from its drilling program at the Lady Herial prospect, part of the Kambalda Gold and Nickel Project located near Foster in Western Australia. This latest drilling effort, which...
Maximus Resources Discovers Key Insights into Gold Control from 8500N Drilling Program
September 23, 2024 07:05 PM AEST| By Team Kalkine MediaMaximus Resources Ltd,(ASX:MXR),has confirmed promising signs of further gold mineralization at the 8500N deposit and the Paleochannel license near Kambalda, Western Australia. This confirmation follows the initial round of drilling, which revealed s...
Botala Energy Announces Feasibility Study for Wellfield Development at Serowe Gas Project
September 23, 2024 07:02 PM AEST| By Team Kalkine MediaBotala Energy Ltd,(ASX:BTE),has announced the completion of an independent wellfield feasibility study that outlines various development options for the Serowe Coal Bed Methane (CBM) Gas Project in Botswana. This comprehensive study, conducted by Fra...
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