October 23, 2024

29Metals (ASX:29M) posted a mixed performance in Q3 FY24, with zinc production at its flagship Golden Grove mine soaring 25% quarter-on-quarter to 19.1kt. However, copper production dropped to 4.4kt. Despite the operational challenges, the company’s free cash flow amounted to $26m for the quarter, with operating cash flow reaching $42m. James Palmer, 29Metals’ CEO, commented […]

To register for Friday’s webinar click here. Eastern Metals Ltd (ASX:EMS) has reported promising initial assay results from its recent reconnaissance drilling at the Cobar Project in NSW. Drilling at the new targets Kelpie Hill and Windmill Dam, as well as the more advanced Evergreen prospect, has yielded results from three holes at Kelpie Hill.

At 11:50am, the S&P/ASX 200 is 0.18 per cent higher at 8,221. The SPI futures are pointing to a rise of 7 points. Best and worst performers The best-performing sector is Consumer Staples, up 1.25 per cent. The worst-performing sector is Information Technology, down 0.76 per cent. The best-performing large cap is Qantas Airways (ASX:QAN),