Allkem (ASX:AKE, TSX:AKE) has updated their James Bay Lithium Mineral Resource in Québec, Canada by 173% to 110.2 million tonnes. Managing Director and CEO, Martin Perez de Solay said, “James Bay is now one of the largest spodumene lithium assets and clearly has the potential to grow even further as the boundaries of mineralisation are […]
Stocks of the Hour: Allkem, Cosmos Exploration, Nick Scali Read More »
At noon, the S&P/ASX 200 is 0.13 per cent lower at 7,347.80. Investors are processing a series of corporate earnings reports. The market was impacted by a decline in energy and mining stocks, which counteracted the gains made in the consumer discretionary sector. Notable events included BlueScope Steel (ASX:BSL) experiencing a 3.4% decrease due to
ASX down 0.13% at noon: Investors process a series of corporate earnings Read More »
Shareholders of Baby Bunting (ASX:BBN) are set to receive a reduced final dividend for the 2022-23 financial year, as the company unveiled a nearly 50% decline in net profit due to vanishing sales growth and pressure on profit margins. The company informed the ASX on Friday that shareholders would be granted a final dividend of
Baby Bunting confronts profit decline, trims dividend amid sales struggle Read More »
Newcrest Mining (ASX:NCM), the country’s largest gold miner, is poised to be acquired by Newmont in a US$19 billion all-paper deal. The company’s transition away from independence is marked by a lacklustre performance, as it reported a 10.8% decline in annual profits on Friday. In what serves as its final financial report, Newcrest’s directors attributed
Newcrest Mining faces acquisition as annual profits drop by 10.8% Read More »
