HighCom (ASX:HCL) has received a new $2.5m ballistic product order from a military customer. The customer has issued the purchase order, and it will be delivered during H1 FY25. Shares are trading 39.29 per cent higher at 19.5 cents. Grand Gulf Energy (ASX:GGE) has announced that a drill permit has been secured for the Red […]
Stocks of the Hour: HighCom, Grand Gulf Energy, Sunstone Metals Read More »
Mars, one of the world’s biggest companies dominating candies, food, chocolates, snacks, and especially pet food and pet care products, is aiming to expand its reach into salty snacks (think chips) by acquiring the Kellogg spin-off, Kellanova, for over $22 billion. The news sent shares soaring 16% on Monday, following weekend rumors of Mars’ interest
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July and the seven months from January to July were another tough period for Tesla in China, which again saw sales decline compared to the previous year. Preliminary Chinese car industry data shows that Tesla China sold 500,740 vehicles in the January-July period, down 7.41% from the same period in 2023. However, sales in July—including
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Last Thursday, August 1, Polymetals Resources (ASX:POL) announced that it had completed the purchase of the Endeavor silver-lead-zinc mine near Cobar, in western NSW. On Monday, it revealed that it hadn’t been standing still, unveiling mining plans that had obviously been put together in the knowledge that the deal would go through. Polymetals said its
Polymetals unveils lucrative Endeavor mine plan Read More »
In yesterday’s market mayhem, another encouraging update by Lynas Rare Earths (ASX:LYC) on its reserves position went unnoticed. But the bottom line is that the company said the size of its total mineral resource at its Mount Weld rare earths deposit near Laverton in Western Australia has increased by more than 40% in the past
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So, will the fate of Anglo American’s revamp be effectively decided this week? Glencore, the most likely suitor for Anglo’s Australian coking coal mines in Queensland, will explain its future coal strategy with its latest results on Thursday night Sydney time. Glencore will signal its interest in further coal investment by revealing plans regarding a
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