LA Private

July 25, 2024

ASX drops 1% at noon: Mining falls over concerns in China

Australian shares dropped 1 percent at midday due to broad sector losses, particularly in mining, amid concerns over China’s economy. Crude oil prices have been falling since reaching a peak at the beginning of the month, driven by concerns about weak demand from China, the world’s largest importer. Meanwhile, the Nasdaq plummeted 3.6 percent, its worst

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Stocks of the Hour: Pure Resources, WhiteHawk, Latin Resources

To register for Friday’s webinar click here. Pure Resources (ASX:PR1) has secured an option to acquire the Reedy Creek Garnet Project, a hard-rock, high-grade, outcropping industrial garnet deposit located in northeast WA. The Reedy Creek Project is situated on a live mining licence and is close to established infrastructure and, importantly, Asian and World markets.

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Noosa Mining Investor Conference, July 2024 – Chalice Mining (ASX:CHN)

Alex Dorsch – CEO & Managing Director – Chalice Mining (ASX:CHN) is advancing the Gonneville Project—a major 2020 discovery in Western Australia with critical metals like platinum, nickel, and copper—towards development. The project boasts a tier-1 Mineral Resource Estimate, significant land in the new West Yilgarn Ni-Cu-PGE Province, and has earned multiple awards, including the

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Noosa Mining Investor Conference, July 2024 – Lake Resources (ASX:LKE)

Stuart Crow – Non Executive Chairman – Lake Resources N.L. (ASX:LKE, OTC: LLKKF) is a responsible lithium developer utilising state of-the-art ion exchange extraction technology for production of sustainable, high purity lithium from its flagship Kachi Project in Catamarca Province within the Lithium Triangle in Argentina. Lake also has three additional early-stage projects in this

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ASIC accuses COFCO of manipulating wheat futures market

The markets regulator, ASIC, has launched civil legal action against subsidiaries of COFCO, China’s biggest food processor and manufacturer, alleging they “manipulated the ASX24 market for Eastern Australia Wheat futures January 2023 contracts.” (COFCO Group is China’s largest food processor, manufacturer, and trader. It is also one of Asia’s leading agribusiness groups. Its headquarters are

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