July 29, 2024

Alligator Energy (ASX:AGE) is an Australian, ASX-listed, exploration company focused on uranium and energy related minerals, principally cobalt-nickel. Alligator’s Directors have significant experience in the exploration, development and operations of both uranium and nickel projects (both laterites and sulphides).

The Australian share market surged today, buoyed by Wall Street’s recovery following recent inflation data. This strengthened expectations of potential US interest rate cuts. The benchmark S&P/ASX 200 Index climbed 0.86% to 7,989.60, with technology and energy sectors leading the gains. While today’s session was positive, upcoming Australian inflation data and US tech earnings could

This week marks the busiest of the S&P 500 earnings season, with 171 companies scheduled to report, including 10 Dow 30 components. Among the most anticipated are the “Magnificent Seven” tech giants, with Microsoft leading the pack on Tuesday followed by Meta Platforms on Wednesday. Amazon and Apple will both report on Thursday. Investor focus

Friday’s gains on Wall Street were insufficient to erase the damage caused by Wednesday’s market downturn. The Dow Jones Industrial Average surged 654.27 points, or 1.64%, to close at 40,589.34 on Friday. The S&P 500 climbed 1.11% to finish at 5,459.10, while the Nasdaq Composite rose 1.03% to end at 17,357.88. Despite Friday’s rally, the

The rise of the S&P 500 has mirrored exceptional US economic growth, making it tempting to see it as a direct reflection of that prosperity. However, is the tide turning? Recent index price declines might be just a minor correction, but beneath the surface, the broader market has been less impressive for some time. In

Indonesia is attempting to reduce Chinese investment in new nickel mining and processing projects to help its industry qualify for US tax breaks, as the Biden administration seeks to limit Beijing’s influence in the electric vehicle supply chain. Starting in 2025, generous tax breaks will be available under President Joe Biden’s Inflation Reduction Act. However,

The US oil industry may be nearing a turning point as evidence suggests a slowdown in the aggressive rig cuts that have characterized the past year. Last week’s unexpected increase in the oil rig count by five to 482 marks the lowest level in over two years, according to Baker Hughes. While this number is

Iron ore prices experienced a volatile week, with values fluctuating near the psychologically important $US100 per tonne mark on the Singapore Exchange. While the commodity managed to close at $US102.40 on Friday, a slight uptick from the previous week’s $US104.52, market sentiment remains subdued. The mixed performance of major mining giants offers a snapshot of

Local sharemarkets are poised for heightened volatility this week as investors grapple with a confluence of economic uncertainties. The release of Australia’s June quarter inflation data on Wednesday will be a pivotal moment, with the potential to significantly influence the Reserve Bank’s monetary policy stance. Market participants are on edge as consensus expectations suggest a

Aruma Resources (ASX:AAJ) has announced they have identified high-grade copper assays at the Fiery Creek Project in Queensland. Fiery Creek is under-explored and located in an interpreted favourable geological setting and is an exploration priority for Aruma. Shares are trading 45.45 per cent higher at 1.6 cents. Terra Uranium (ASX:T92) has announced high grade uranium