June 23, 2023

Australian iron ore giant Fortescue Metals Group (ASX:FMG) has secured an $8m farm-in and joint venture deal with ASX minnow Strategic Resources (ASX:SER) over its copper-nickel-gold tenements located in Canobie. These tenements are strategically positioned adjacent to Fortescue’s own assets in the highly prospective Mt Isa province of Queensland. Under the agreement, Fortescue will invest […]

In a blow to Cochlear Limited (ASX:COH), the Australian hearing implant manufacturer, its planned acquisition of a Danish hearing implants business worth $170 million has been hit by the Competition and Markets Authority (CMA) in the United Kingdom. The CMA announced that it had no competition concerns regarding Cochlear’s acquisition of Oticon Medical’s cochlear implant

The ASX has experienced a third consecutive day of significant decline due to persistent aggressive selling. At noon, the S&P/ASX 200 is 0.88 per cent lower at 7,132.30, reaching its lowest point in a week at 7135.6. All sectors are down, with the energy sector being the weakest performer. Following a seven-day winning streak that

Tamboran Resources made several announcements this morning. The Amungee 2H (A2H) well in EP 98 has achieved gas breakthrough. The company has completed analysis of two flow tests in the Santos-operated EP 161 permit, in which Tamboran owns 25 per cent. Tamboran has signed two MOUs with BP and Shell for supply of 4.4 MTPA