LA Private

October 2023

Newmont’s $29 billion takeover of Newcrest: A game-changing deal

Newmont’s $A29 billion all-paper takeover of Newcrest (ASX:NCM) has proven to be a far more significant deal than initially anticipated. This acquisition not only adds over 2 million ounces of gold output annually and more than 140,000 tonnes of copper, along with silver and molybdenum, to Newmont’s already leading global position but also strengthens its

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Afternoon update: Energy stocks lift following rally in oil prices

The S&P/ASX 200 is trading 0.51 per cent higher at 6,989.40. Futures The SPI futures are up 39 points. Best and worst performers The best-performing sector is Energy, up 3.23 per cent. The worst-performing sector is Consumer Staples, down 0.63 per cent. The best-performing large cap is Evolution Mining (ASX:EVN), trading 7.34 per cent higher

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Stocks of the Hour: Radiopharm Theranostics, Talon Energy, Azure Minerals

Radiopharm Theranostics (ASX:RAD) announced it has been granted Human Research Ethics Committee approval to commence its First-In-Human Phase I study in Australia for the Company’s therapy for patients with PDL1- positive non-small cell lung cancer. The trial is expected to start shortly. Shares are trading flat at 13 cents. Talon Energy (ASX:TPD) announced an update

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