LA Private

October 2024

Copper dips, zinc soars: Mixed results for 29Metals in Q3

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

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ASX is up 0.2% near noon

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),

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Golds resurgence: Navigating unprecedented price trends

Over the past year, the price of gold has experienced something unusual. It has reached record highs, seemingly disconnected from traditional influencers like interest rates, inflation, and the dollar. Even more striking is its steady ascent, which stands in contrast to the volatility of major geopolitical events. Gold’s status as a “safe-haven” asset has evolved,

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Immutep releases annual report, reports strong cancer trial results

Immutep (ASX:IMM) has released its annual report, detailing significant progress over the past year with its lead immunotherapy candidate eftilagimod alpha (efti). This drug is designed to activate the body’s immune system to better recognise and attack cancer cells. It targets LAG-3, a protein that plays a key role in regulating immune responses. Specifically, efti

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BluGlass signs major US partnership, securing $1.2M for photonics development

Australian semiconductor company BluGlass (ASX:BLG) has entered into a promising multi-phase Joint Development Agreement (JDA) with Uviquity, a US-based venture-backed start-up. The first phase of this agreement, valued at A$1.2 million, involves the development of advanced photonic chips. This collaboration aims to integrate BluGlass’ expertise in gallium nitride (GaN) laser technology with Uviquity’s innovations in

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ImpediMed strengthens SOZO footprint with 28 new sales

Medical technology company ImpediMed (ASX:IPD) continues to make strides with its SOZO® Digital Health Platform, reporting significant progress in its Q1 FY25 results. The company’s pipeline for SOZO units increased by 34%, with 28 units sold in the US, a notable rise from the previous quarter’s 23 units. SOZO, which uses bioimpedance spectroscopy (BIS), is

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