October 2024

There’s been CEO changes revealed at two mid-tier ASX companies, with some surprising links. KMD Brands (ASX:KMD) has named a new CEO in Brent Scrimshaw, who will replace Michael Daley. Meanwhile, Collins Foods (ASX:CKF) has naming former KMD Brands CEO Xavier Simone as its new boss. And, to add to the links, Michael Daley, the […]

The recent announcement by BHP (ASX:BHP) to temporarily suspend operations at its Nickel West facilities has raised concerns and speculations within the mining industry about the future of Nickel in Australia. However, this decision could present significant opportunities for Nico Resources’ Wingellina project. The shutdown of Nickel West is not necessarily detrimental to Nico Resources

Companies discussed include: Rio Tinto (ASX:RIO)Brickworks (ASX:BKW)Codan (ASX:CDA)

To register for Friday’s webinar click here. BPM Minerals Ltd (ASX:BPM) has raised $1.675 million through a recent placement to accelerate exploration at its Claw Project. The funds will be used to conduct 2,500 meters of RC drilling at the Louie gold target and explore other areas of the project. Shares are trading 14.29 per

Australian shares have dipped, reflecting a downturn on Wall Street, as investors sought safe-haven assets amid worries about a wider conflict in the Middle East. However, energy stocks have helped cushion the blow, with oil prices rising due to supply concerns. At 11:40am, the S&P/ASX 200 is 0.05 per cent lower at 8,204.60. The SPI

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses share prices, geopolitics and rate cuts. Key pointsRecession risks, the escalating Israel conflict, the US election along with still stretched valuations mean a high risk of another share market correction and continued volatility.The expansion of the war around Israel and Iran attacking

Saudi Arabia (and Russia for the moment) would be enjoying the hikes in world oil prices due to the deepening crisis between Israel, Lebanon, and the Palestinians. However, this joy will be temporary because forecasts released this week reveal rising pressures on spending and a worsening budget position. The most dramatic part of the update

Lithium Universe Limited (ASX:LU7) CEO Alex Hanly discusses the company’s prefeasibility study, operational costs and development timeline. Peter Milios: I’m Peter Milios from the Finance News Network, and today I’m talking with Lithium Universe (ASX:LU7). Lithium Universe, trading under the ASX code “LU7”, with a market capitalisation of approximately $10m, is dedicated to closing the

Stocks fell on Tuesday as rising tensions in the Middle East overshadowed strong performance from the previous quarter. The Dow Jones Industrial Average decreased by 173.18 points, or 0.41 per cent, closing at 42,156.97. The S&P 500 dropped 0.93 per cent to 5,708.75, and the Nasdaq Composite slid 1.53 per cent to 17,910.36. West Texas

Mining executives have long anticipated an energy transition “supercycle” that would reshape the industry, moving away from China’s strong demand for raw materials to a more global and strategic approach. Yet, this transition has yet to occur, with the sector still heavily reliant on China, as recent developments have highlighted. Shares of the “big four”