Cleanaway Waste (ASX:CWY), a prominent waste management company, is set to acquire oils recycler Australian Eco Oils (AEO) for $39 million. The move is seen as an attractive entry point for Cleanaway into a new and adjacent market. Operating under the Scanline brand, AEO is a leading collector and processor of used cooking oil (UCO). […]
Cleanaway Waste acquires Australian Eco Oils in $39 Million deal Read More »
At noon, gold miners experienced a significant surge in value as traders revised their expectations for risk-free rates due to cooling US inflation and a decline in bond yields. Northern Star (ASX:NST) saw a substantial increase of 4.4 percent. Newcrest (ASX:NCM)also witnessed a notable gain of 4 percent. At noon, the S&P/ASX 200 is 1.26
ASX up 1.26% higher at noon: Gold miners experience surge Read More »
13 Jul 2023 – A snapshot of the stocks on the move, featuring Alliance Aviation (ASX:AQZ), Vulcan Energy Resources (ASX:VUL) and Cirrus Networks Holdings (ASX:CNW).
Stocks of the Hour: Alliance Aviation, Vulcan Energy Resources, Cirrus Networks Read More »
Alliance Aviation (ASX:AQZ) has upgraded profit guidance due to increased flying activity. Estimated full-year profit before tax is now expected to be $56.9m, surpassing previous guidance. The company also confirmed it has renewed its contract with Incitec Pivot for a further 5 years and has acquired 4 additional Embraer E190 airframes to address capacity shortfall
Stocks of the Hour: Alliance Aviation, Vulcan Energy Resources, Cirrus Networks Read More »
The European Commission has officially granted its approval for Broadcom’s ambitious US$61 billion acquisition of virtualisation software giant VMware, albeit with certain stipulations regarding access and interoperability. When the colossal deal was first announced in May of last year, it was anticipated that regulatory scrutiny would be inevitable. In December, Europe unveiled plans for an
European Commission approves Broadcom’s US$61 billion bid for VMware with conditions Read More »
St Barbara (ASX:SBM) looks like a very attractive cash pile that could be snapped up by any one of a handful of predators in the WA resources sector in the wake of the reshuffle of its Leonora gold mining assets with Genesis Minerals. A combination of the cash and debt repayment from the Genesis deal,
Golden showdown: St Barbara’s cash pile attracts predators in the resources sector Read More »
The International Energy Agency (IEA) has released a report shedding light on the availability of critical minerals needed to support the global energy transition. Here are the key takeaways: Promising Project Pipeline: The IEA’s report presents a more optimistic outlook on the potential supply of critical minerals. If all planned mining and processing projects come
The critical minerals race Read More »
