Does the end of La Nina disruptions and the return of El Nino’s dry weather portend better times ahead for almond grower Select Harvests (ASX:SHV)? That seems to be the message investors took from Monday’s interim results for the half year from the company which revealed a loss of nearly $100 million thanks to low […]
Select welcomes imminent return of El Nino Read More »
Shares in Brisbane-based testing multinational ALS (ASX:ALQ) dropped more than 4% yesterday after the company’s full year results hinted at emerging pressures in global markets for its mining services. ALS reported a 23.4% rise in underlying net after tax profit to $320.6 million, from $260 million in 2021-22. ALS had forecast underlying net profit after
Testing time in mining services division hits ALS Read More »
Normally, markets and economists ignore the monthly industrial company profits in China – it’s a third-tier economic data series that is usually overlooked because of its imprecision, but every now then a trend emerges that is worth examining, and so it was at the weekend when the data showed a fourth successive month of falling
China’s industrial profit crunch continues Read More »
US equity markets and the FTSE 100 were closed overnight. However European stock markets were mixed Monday after US President Joe Biden and House Speaker Kevin McCarthy reached a deal to raise the nation’s debt ceiling. US political leaders must now gather enough bipartisan support to pass the debt ceiling bill in Congress before the
US political leaders hurry to pass debt ceiling bill before June 5 Read More »
At the closing bell, the S&P/ASX 200 was 0.87 per cent or 62.6001 points higher at 7,217.40. This increase was driven by mining and real estate stocks, with investors reacting positively to a potential agreement to raise the US debt ceiling. IDP Education (ASX: IEL) experienced a significant decline of 15.9% to $21.71 following Canada’s
ASX closed 0.9% higher with nine out of eleven sectors in green Read More »
Dr Andrew Tunks, Executive Chairman of Meteoric Resources (ASX:MEI), provides an update on the company’s progress, discussing its transition from gold to rare earths, the advantages of ionic clay over hard rock deposits, and promising early results. Tim McGowen: We’re talking today with Meteoric Resources (ASX:MEI). It’s got a market cap of $261m. We have
The world’s highest-grade ionic clay Read More »
Empire Energy (ASX:EEG) has announced a major Beetaloo resource upgrade. In response, MD Alex Underwood stated, “The volumes delineated in EP187 represent a nationally significant resource of low CO2 gas.” Shares are trading 2.7 per cent higher at 19 cents. Kula Gold (ASX:KGD) reports progress on potential lithium bearing pegmatites at the recently acquired Kirup
Stocks of the Hour: Empire Energy, Kula Gold, WIA Gold Read More »
All sectors are up except Consumer Discretionary, sparked by the US debt ceiling deal. Overall, at noon, the S&P/ASX 200 is 1.01 per cent higher at 7,227.30. Oil prices rose as US President Joe Biden and House Speaker Kevin McCarthy reached a tentative deal on the US debt ceiling, potentially preventing a default, while West
ASX up 1% at noon after the US agrees on a debt ceiling deal Read More »
Henk Diederichs – CEO and Managing Director – OreCorp (ASX:ORR) is a development and exploration company whose key asset is the Nyanzaga Gold Project in north-west Tanzania.
OreCorp (ASX:ORR) – Webinar Presentation Read More »
Alphinity Investment Management Portfolio Manager Chris Willcocks provides a keynote presentation on global equity funds & active ETFs.
Alphinity Investment Management – Global equity funds & active ETFs Read More »
