September 4, 2023

At the closing bell, the S&P/ASX 200 was 0.56 per cent higher at 7,318.80, driven by strong performance in mining and energy stocks. This surge was attributed to positive sentiments regarding China, as its authorities implemented measures to stimulate housing demand. The Reserve Bank of Australia is expected to maintain the cash rate at 4.10% […]

Westgold Resources (ASX:WGX) Managing Director Wayne Bramwell provides an update on the company, discussing drivers behind production results, the gold price, and plans going forward. Peter Milios: We are talking today with Westgold Resources (ASX:WGX). WGX has a market cap of $700m. Westgold is a dynamic and responsible explorer and developer of gold mines, operating

The S&P/ASX 200 is trading 0.43 per cent higher at 7,309.30. Futures The SPI futures are up 45 points. Best and worst performers The best-performing sector is Materials, up 1.85 per cent. The worst-performing sector is Utilities, down 0.75 per cent. The best-performing large cap is Liontown Resources (ASX:LTR), trading 8.78 per cent higher at

Glen Diemar, Managing Director of Australian Gold and Copper Limited (ASX:AGC), provides an update on the company, discussing drill targets, plans and outlook.  Peter Milios: We’re talking with Australian Gold & Copper, ASX code AGC. We welcome to the network AGC Managing Director Glen Diemar. Glen, welcome to the network. Glen Diemar: Good day, Peter.

Scott Duncombe, Exploration Manager of North Stawell Minerals (ASX:NSM), provides an update on the company’s gold exploration. Peter Milios: We’re talking today with the North Stawell Minerals, ASX code NSM. Market cap of around 9 million. The company’s a junior gold explorer focused on the Stawell Corridor, which is the centre of Victoria’s Golden Triangle. We

In July, Australian household spending experienced a decrease of 0.7% compared to the same period last year, marking the first decline since early 2021. The Australian Bureau of Statistics reported that this drop can be attributed to the impact of higher interest rates and inflation, which have affected people’s financial situations. Robert Ewing, the ABS

Liontown Resources (ASX:LTR) announced that it has received a revised conditional and non-binding indicative proposal from Albemarle Corporation to acquire all of the ordinary shares outstanding in Liontown for $3.00 in cash per share via scheme of arrangement. Albemarle has advised that the Revised Indicative Proposal is its best and final proposal. Shares are trading