Genesis Minerals (ASX:GMD) has kept alive its ambitions to consolidate gold mining assets in the Leonora district of WA’s eastern Goldfields with a slight sweetening of the terms of its bid to buy the gold mining assets in the area from St Barbara. It is the third set of terms for the deal and the […]
Genesis ticks up bid for St. Barbara’s Leonora assets Read More »
Struggling tech Appen (ASX:APX) is looking for $60 million from institutions and ordinary shareholders in what could be a final effort to remain viable. The signs of Appen’s need for quick cash were all there in Tuesday’s announcement – a deeply discounted equity raising in two parts – an entitlement offer and a placement to
$60m needed to stage this case of Appen stance Read More »
Building products multi-national James Hardie (ASX:JHX) has reported record sales for the year to March 31 but warned of a slowdown in the current June quarter, the first for its 2023-24 financial year. Hardies posted a net profit of $US605 million ($A903 million) on record sales for 2022-23 of $US3.777 billion, up 4% year on
Record sales for Hardies but tide may have turned Read More »
On Tuesday, at the closing bell, the S&P/ASX 200 was 0.45 per cent lower at 7,234.70, as the healthcare, tech, and consumer staples sectors witnessed drops, which counterbalanced the gains seen in the materials sector. Ahead of the release of US retail sales and industrial production data, along with upcoming reports from prominent US retail
ASX closes 0.45% lower as healthcare, tech and consumer staples suffer Read More »
ABx Group Limited (ASX:ABX) CEO and Managing Director Dr Mark Cooksey discusses the advantages of ionic clay rare earths deposits, the company’s exploration program, its plays for a scoping study and a pilot plant, and its new process to develop fluorine from aluminium smelting waste. Tim McGowen: We’re talking with ABx (ASX:ABX) today. It’s got
ABx Group (ASX:ABX) announces 50% upgrade to rare earths project Read More »
The Reserve Bank’s minutes for May indicate that the central bank is committed to reducing inflation. The Board expressed its determination to take the necessary actions to bring inflation back to its target level. It acknowledged that there may be a need for further interest rate increases depending on the evolution of the economy and
RBA indicates more hikes may be necessary: ASX 0.15% lower at noon Read More »
Building upon a 20-year commercial foundation, Capricorn Society has selected Spenda (ASX:SPX) as its preferred supplier to deliver the first phase of its Digital Service Delivery initiative. Spenda’s CEO and MD Adrian Floate, added: “Being selected to work with Capricorn on this significant project shows faith in both in our services and in our ability
Stocks of the Hour: Spenda, Cettire, Immutep Read More »
Investment Analyst Yathavan Suthaharan discusses why railroads are an attractive infrastructure investment, recent events at Norfolk Southern and what the hype is around Precision Scheduled Railroading (PSR). INFRASTRUCTURE FUND (MICH) PROFILE The Magellan Infrastructure Fund offers investors an opportunity to invest in a specialised and focused global infrastructure Fund. It aims to achieve attractive risk-adjusted
Why railroads are an attractive investment Read More »
