January 2024

EV Resources (ASX:EVR) drilling has commenced at Parag, with multiple diamond drill holes to be drilled in 2024 off 20 permitted platforms. In response Hugh Callaghan, Managing Director of EVR, stated, “the fundamental demand and supply of copper points to considerably higher prices in years ahead. A scarcity of worthwhile projects, and our timing, positions […]

Australian shares opened higher with a significant boost from iron ore miners BHP, Rio Tinto, and Fortescue, all of which saw gains exceeding 1 percent, driving up the overall market index. This surge in their stocks was driven by iron ore prices rising above $US135, following the announcement by the governor of China’s central bank

What are utilities? Utilities are companies that produce and deliver basic essential services such as electricity, natural gas and water. These services are delivered by a network of assets that require the use of public rights-of-way. Crucially, these networks exhibit attributes of a natural monopoly: the extensive capital required to construct the assets make it

Business Quality is a key factor in the Airlie investment process, and we typically define a high-quality business as one that can earn a decent return on its capital. The Real Estate Investment Trust (REIT) sector is not typically thought of as a high total return sector due to the low-yielding nature of real estate

Fortescue Metals Group (ASX:FMG) revealed a small 1.4% fall in second-quarter iron ore shipments due to ongoing maintenance activities at some of its key projects in Western Australia’s Pilbara. The world’s fourth-largest iron ore miner reported shipping 48.7 million tonnes of the steel-making commodity for the December quarter, compared with 49.4 million tonnes shipped a

Tesla’s price cuts in China, the US, and Europe resulted in a 35% earnings slump in 2023, reducing profits to $8.89 billion, and impacting the company’s operating margins. Despite this, total revenue for the year increased by 19% to over $96 billion, with auto revenues rising by 15% to more than $82 billion. Additionally, Tesla

The results of a new round of drilling have prompted Westgold to seriously consider expanding its Bluebird gold mine in the Meekatharra region of WA’s northern goldfields. The Bluebird operation currently produces approximately half a million tonnes of ore annually, with an average gold grade ranging from 4 to 5 grams per tonne. Westgold believes

The biggest shareholder in Australian Agricultural Co, 86-year-old Joe Lewis, who holds a 52% stake in Aust Ag through his company, Tavistock Group, has been convicted of insider trading by a US court. Lewis, who also revealed the purchase of another 6 million shares in the beef producer midway through 2023, pleaded guilty in a

No interest rate relief this week or last from the People’s Bank of China, but the country’s central bank rolled out a second-best move: a cut in the reserve ratio for the country’s banks from early next month. The half-percent cut will see around $US139 billion released into the financial system for the banks to

The S&P 500 rose Wednesday as a number of big tech stocks rallied, pushing the broader market to new heights. The benchmark S&P 500 eked out a gain of 0.08 per cent to 4,868.55, clinching a new all-time closing record. The Nasdaq Composite rose 0.36 per cent to 15,481.92, helped by the tech rally. It