July 2023

Forrestania Resources (ASX:FRS) has announced a JV with ALX Resources for the Hydra Lithium Project in Quebec, Canada. We heard from MD Michael Anderson this morning.” Shares are trading 22.73 per cent higher at 13.5 cents. Artemis Resources (ASX:ARV) has identified lithium bearing pegmatites on the Osborne Joint Venture in the West Pilbara region. Further […]

Oil stabilises as Saudi Arabia and Russia commit to supply cuts, while the market faces challenges from China’s economic slowdown, central banks’ tightening policies, and the US purchasing additional crude for its Strategic Petroleum Reserve. At noon, the S&P/ASX 200 is 0.11 per cent higher at 7,050. The SPI futures are pointing to a rise

Ardent Leisure Group Limited (ASX: ALG) has provided a preliminary unaudited trading update for the financial year ending on 27 June 2023, highlighting the continued growth and success of its Theme Parks & Attractions business. Despite facing macroeconomic headwinds and the lingering effects of the COVID-19 pandemic, the company has achieved remarkable results, with unaudited

Stocks fell on Friday, and finished lower for the week, as Wall Street struggled to shake off fears that the Federal Reserve may start hiking rates again later this month. All three major averages capped a losing week. The S&P dropped 1.16 per cent, while the Nasdaq declined 0.92 per cent. The Dow shed 1.96

Alinta Energy is now understood to be set on selling all of the West Australian assets it has on offer, rather than just 80 percent stakes, and the understanding is that offers have landed between $1 billion and $1.5 billion. APA (ASX:APA) and Fortescue Metals (ASX:FMG) are in the final stage of the race. There

Australia is poised to become a key player in the global green transition. With its abundant natural resources and strategic position in the mining sector, Australia has the potential to drive the shift towards a sustainable future. As the world’s leading producer of lithium, nickel, cobalt, and rare earth metals, essential components for electric vehicle

Flynn Restaurant Group is ready to increase its investment in Pizza Hut’s Australian arm as it supports local CEO Phil Reed in his mission to rival market leader Domino’s (ASX:DMP). “We believe that Reed and the management team at Pizza Hut Australia are already doing an excellent job, and we believe they are capable of

Some of the world’s largest investment banks have found themselves embroiled in a debate over the inclusion of their underwriting activity in net zero targets, posing a threat to their progress on decarbonisation. As part of a standard-setting group led by Barclays and Morgan Stanley, these banks have been engaged in discussions and voting on

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses developments in investment markets over the past week, economic activity trackers, major global economic events and Australia economic events. Investment markets and key developments over the past week Global share markets fell sharply over the last week on concerns that stronger than