LA Private

September 7, 2023

Red 5 boosts gold reserves significantly in Western Australia’s Eastern Goldfields

In its June 30 update on the size and potential of its reserves at the King of The Hill and Darlot operations in the Leonora district of Western Australia’s Eastern Goldfields, emerging gold miner Red 5 (ASX:RED) revealed impressive triple-digit increases in estimated reserves for both sites. Overall, Red 5 reported a mineral resources estimate […]

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Austal USA wins $91.5 million contract for 3 LCU 1700 class vessels for U.S. Navy

Austal (ASX:ASB), a global shipbuilding company, announced that its subsidiary, Austal USA, has been awarded a significant contract worth US$91,535,551 (AU$143.4 million) for the construction of three Landing Craft Utility (LCU) 1700 class craft for the United States Navy. This contract, which includes options for the manufacture of an additional nine vessels and associated support

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Stocks of the Hour: Lithium Plus Minerals, Blaze Minerals, Elsight

Lithium Plus Minerals (ASX:LPM) announced an exceptional 127m mineralised pegmatite intersection at the Lei Prospect at their Lithium Project. In response, Executive Chairman, Dr Bin Guo, commented: “It represents one of the largest reported mineralised intersections recorded to date from the Bynoe pegmatite field, with visual inspection showing large spodumene crystals of consistent distribution throughout

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ASX down 1.08% at noon as Australia’s trade surplus decreases in July

In July, Australia’s trade surplus decreased to $8 billion, down from $11.3 billion in June. This figure fell short of expectations, as analysts had predicted a surplus of $10 billion. The decline in the surplus can be attributed to a 2% drop in exports, primarily driven by a decrease in non-monetary gold exports, while imports

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Bubs launches infant formula clinical trial in the US

Bubs Australia (ASX:BUB), a leading infant formula and baby food company, has announced the commencement of a nationwide clinical trial in the United States. This initiative marks a significant milestone in the company’s dedication to serving North American families. Bubs’ Growth Monitoring Study (GMS) clinical trial is designed to evaluate the growth, tolerance, and safety

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