October 16, 2023

In this interview, the Managing Director of Cooper Metals (ASX:CPM) discusses the company’s active drilling program in the Mount Isa region, targeting copper and gold prospects. They highlight their methodical approach to exploration, emphasizing the importance of ground truthing and geochemical/geophysical data in delineating robust drill targets. The interview also covers their “scout drilling campaign” […]

The S&P/ASX 200 is trading 0.34 per cent lower at 7,026.80. Futures The SPI futures are down 28 points. Best and worst performers The best-performing sector is Energy, up 0.73 per cent. The worst-performing sector is Information Technology, down 2.61 per cent. The best-performing large cap is Northern Star Resources (ASX:NST), trading 4.03 per cent

Tamboran Resources (ASX:TBN) announced that an operational update, in which the A3H well was drilled in record time of less than 18 days. In response, Managing Director and CEO, Joel Riddle, said, “the A3H well was drilled and cemented at approximately 30 per cent lower cost compared to the A2H well, demonstrating how lessons from

Oil prices remained stable as Israel had not yet initiated its expected ground offensive in Gaza, while the United States intensified diplomatic efforts to prevent the crisis from escalating regionally. Brent crude traded near $91 per barrel after a significant 6% surge on Friday, with US officials engaging in talks with Middle Eastern nations, including

Albemarle has abandoned its $3-a-share, $6 billion-plus bid for Liontown Resources (ASX:LTR), leading to an anticipated drop in Liontown’s shares on Monday and putting Gina Rinehart’s Hancock Prospecting at risk of a substantial paper loss. The announcement is also likely to trigger a significant sell-off in lithium shares overall. Albemarle made this decision as it

Lower-than-expected claims (and consequently, payouts) stemming from cyclones in Vanuatu earlier this year have prompted Tower (ASX:TWR), the New Zealand insurer, to revise its earnings guidance for the year ending on September 30. Initially, Tower had allocated NZ$50 million to cover anticipated claims resulting from the Vanuatu cyclones in March. This decision had caused Tower