June 2023

At noon, the S&P/ASX 200 is 0.37 per cent higher at 7,137.3, with mining stocks leading the march. Sentiment for risk assets had improved in Wall Street on optimism that the US debt ceiling saga was nearing a resolution. Coles (ASX:COL) slipped 0.4 per cent after taking an additional $25 million provision in relation to […]

Magnis (ASX:MNS; OTCQX:MNSEF; FSE:U1P) has announced that iM3NY has successfully completed 6 out of the 7 relevant tests for UN38.3 certification, with 1 result now pending. The UN38.3 process involves a series of tests, designed to simulate the conditions that the cells may be exposed to during transportation. Shares are trading 12.9 per cent higher

Falcon Metals Limited (ASX:FAL) Managing Director Tim Markwell discusses progress with the company’s gold exploration, touching on key prospects and the results timeline. Tim McGowen: We’re talking today with Falcon Metals (ASX:FAL). It’s got a market cap of around $59m. We’re joined by Managing Director Tim Markwell. Tim, welcome to Sydney. Nice day out there.

Just over a week ago on May 21, there was BHP (ASX:BHP) telling the world that – while it supported the goal of protecting vulnerable workers – the Albanese government’s proposed Same Job, Same Pay (SJSP) policy in its current form would seriously affect its operations, harm productivity and risk the future of all forms

There has been plenty of moaning from some in the resources industry that the federal government isn’t doing enough to assist and finance miners and others looking to go deeper into renewable and strategic minerals and their products. But money is being handed out under the federal government’s Modern Manufacturing Initiative. With the awarding of

Big gains in Thursday’s ASX trading session for two companies not commonly seen as being in the lithium / renewables game. ………… Shares in Neometals (ASX:NMT) jumped more than 21% on Thursday to close at 58 cents after investors liked the update on its German battery joint venture Primobius. According to the update, the demonstration

Odds are tightening that the Reserve Bank will lift interest rates at its June meeting next Tuesday after a solid rise in house prices last month, slightly better than expected capex and construction spending data more than offset confirmation of weakening retail sales. After the controversy of May’s rate rise most analysts reckoned the central

US stocks reached a nine-month high on Thursday as lawmakers in Washington boosted traders’ hopes that the debt ceiling will pass through the Senate by the end of the week, and fresh economic data curbed concerns about a recession. The Fiscal Responsibility Act passed by a vote of 314-117 with bipartisan support on Wednesday night.

Despite weak international cues, Australia’s share market managed to close slightly higher as the US debt ceiling bill was passed in the House. At the closing bell, the S&P/ASX 200 was 0.27 per cent higher at 7,110.80, recovering from a recent low. Although the index remained below its 200-day moving average for the second consecutive

The Australian sharemarket has rebounded from earlier losses and is now higher after the US House of Representatives passed the debt ceiling bill. The S&P/ASX 200 index, which was initially down by 0.2 per cent, has risen 0.22 per cent higher to 7,107 at noon. In the House vote, 303 members supported the deal negotiated