May 2024

To register for today’s webinar click here. State Gas (ASX:GAS) has been awarded $5.5 million of exploration grant funding through the Queensland Government’s Frontier Gas Exploration Program. The Grant will be used to further delineate gas resources and reserves within the Company’s Rolleston West coal seam gas project, through drilling of two new vertical wells. […]

On Friday, Australian shares opened higher, mirroring a positive trend on Wall Street fueled by reinforced expectations of interest rate cuts in the US. The S&P/ASX 200 increased by 0.4%, reaching 7749.2 points, with the All Ords also rising by the same percentage. Among the 11 sectors, eight showed gains, with communications and energy leading,

De Grey Mining (ASX:DEG) has successfully raised most of the more than $600 million it sought earlier this week to fund its share of the cost of the $1 billion plus Hemi gold mining project in WA’s Pilbara. In a release on Friday, De Grey stated that it had completed both parts of its institutional

Paul Sanger: I am Paul Sanger for the Finance News Network and today we’re talking with Elementos. Elementos, trading under the ASX code, ELT, with a market capitalization of approximately 35 million. Elementos is currently developing two tin projects with large minerals ore spaces and significant exploration potential in mining friendly jurisdictions. The company has

In the current landscape of the oil industry, mergers and acquisitions have emerged as a predominant theme. Notable players such as Exxon Mobil, Chevron, Diamondback Energy, and Occidental Petroleum have engaged in substantial oil deals over the past year, collectively exceeding $150 billion in value. Contrary to this trend, BP, a British oil giant, has

US markets rallied on Thursday following a rise in jobless claims that rekindled investor hopes that the Fed will cut rates in the second half of this year. The Dow rallied 0.85 per cent to make it the seventh positive close in a row for the 30 stock index. The S&P 500 finished 0.51 per

Meeka Metals (ASX:MEK) is aiming to be ready to push the button on it’s the development of its Murchison gold project in Western Australia by mid-year. Murchison has a resource of 1.24 million ounces at 3 grams per tonne gold, with over half in the measured and indicated categories. It comes after Meeka this week

As we approach the end of the week, what’s the score from central bank meetings this week? There was no move from Australia, and if anything, the Reserve Bank is more hawkish. However, that’s a stance because it is increasingly worried that the weakening in consumer demand will tank the wider economy. But Sweden this

Amid China’s unexpected 8% surge in imports, iron ore shipments into the country stood out with a stronger-than-expected outcome, while oil and coal imports were also solid. Iron ore is the commodity closest to Australia’s economic heart, and news that China’s appetite hasn’t slowed—despite a serious buildup of stocks at the country’s 45 major ports

China’s economy showed a few more signs of life in April, with imports jumping more than forecast and exports back in the black for the first time in three months. Chinese imports from the U.S., European Union, and Russia rose last month, despite a drop in exports to all three, data from China’s Customs Administration