The lithium price rout and associated decline in equities could be an opportunity for the long-struggling junior gold space. That was the view of the Canaccord Genuity team during the opening panel discussion at the RIU Explorers Conference in Fremantle. While the price of lithium declined by 85% in 2023 and has continued to decline, […]
Will lithium money funnel back to gold? Read More »
Dexus (ASX:DXS), the prominent property giant, finds itself in the red once again, recording a loss exceeding half a billion dollars for the six months leading up to December. This adds to the substantial loss of over $700 million incurred during the financial year ending June 30, 2023. Over the past 18 months, the conglomerate
Property giant Dexus grapples with substantial losses Read More »
GrainCorp (ASX:GNC) sent shockwaves through the market on Wednesday as its shares plummeted by a staggering 16%. This abrupt decline came on the heels of the company’s announcement of a significant slash to its earnings guidance for the year 2023, leaving investors reeling. The timing of GrainCorp’s revelation couldn’t have been worse, coinciding with a
GrainCorp stuns market with drastic earnings guidance cut Read More »
The Australian sharemarket experienced a notable downturn at its opening, echoing the global trend triggered by an unexpectedly high US Consumer Price Index (CPI), which dashed hopes for an imminent rate cut by the Federal Reserve. This downturn was mirrored in major US indices, with the Dow, S&P 500, and Nasdaq all registering significant declines,
ASX down 1.23%: US CPI comes in higher than expected Read More »
Lithium takeover target Azure Minerals (ASX:AZS) has been named as the recipient of the 2024 Craig Oliver Award. The award, handed out this morning on day one of the 2024 RIU Explorers Conference in Fremantle, is in honour of mining executive Craig Oliver, who died in a plane crash in 2010. His youngest daughter Sascha
Azure wins Craig Oliver Award Read More »
To register for Friday’s webinar click here. St George Mining (ASX:SGQ) has announced promising soil sampling results at its flagship Mt Alexander Project in Western Australia. In response, John Prineas, St George Mining’s Executive Chairman said: “We are very pleased with the results of the latest soils programme, which delineated not just one but a
Stocks of the Hour: St George Mining, Hammer Metals, Bastion Minerals Read More »
