LA Private

March 18, 2024

ASX down 0.15% near noon: RBA commences its two-day meeting

The Australian sharemarket opened lower, extending losses from the previous week, as the S&P/ASX 200 dipped 0.3% to 7645.2 points, with the real estate sector performing the worst, amidst anticipation of central bank decisions worldwide, including from the US Federal Reserve, Bank of Japan, and Bank of England. The Reserve Bank of Australia commenced its

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Rainfall affects Regis Resources, Capricorn Metals, and Gold Road

Regis Resources (ASX:RRL), along with Capricorn Metals and Gold Road, has revealed setbacks to planned production due to last week’s record rainfall in parts of the WA Goldfields. Capricorn Metals (ASX:CMM) reported that its Karlawinda gold project in the Pilbara experienced a second rain event in three months, forcing the mine to process lower-grade stockpiled

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Core Lithium’s cloudy future

It was a sorry set of half-year figures from Core Lithium (ASX:CXO) last week, confirming that the company’s future remains very clouded. The interim report came the same day as the CEO stepped down, part of Core’s slimming-down-to-survive mode. The report reveals multiple challenges (headwinds) ahead, besides the low prices and slowing demand for the

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DOE allocates $750M to advance ‘clean’ hydrogen technology

The Department of Energy (DOE) has unveiled a significant investment of $750 million in research and development aimed at bolstering “clean” hydrogen technology. This initiative, funded under the bipartisan infrastructure law of 2021, is poised to revolutionise the landscape of hydrogen fuel production, promising an annual increase of 1.3 million metric tons in clean hydrogen

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