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The Australian Securities Exchange (ASX) experienced a rally, buoyed by positive sentiment stemming from China’s hinted economic stimulus and a surge in tech stocks. This upward trend mirrors gains observed in US and European markets. However, not all news was positive. Telix Pharmaceuticals faced a setback with the US Food & Drug Administration (FDA) rejecting […]

The Western Australian Government is allocating $11.2 million through the Exploration Incentive Scheme (EIS) to support 23 ASX-listed explorers. The funding is divided across three EIS programs: co-funded drilling ($7.8 million), energy analysis ($200,000), and co-funded geophysics ($3.2 million). A significant portion of the drilling funds, approximately 50%, will target critical minerals, while 75% of

Dalaroo Metals Ltd (ASX: DAL) announced the immediate resignation of Mr. Michael Brown from his position as Managing Director and Chief Executive Officer, effective as of today’s announcement. The company has initiated a search for a new CEO to steer the company forward. In the interim period, the Board of Directors and Company Secretary will

Shares in British food delivery company Deliveroo soared on Monday, reaching their highest level in over three years, after the company confirmed it had received a takeover approach from US delivery giant DoorDash.   Deliveroo disclosed in an announcement after market close on Friday that it had received an indicative proposal from DoorDash on 5

IBM (NYSE: IBM) announced on Monday a major five-year investment plan worth $150 billion aimed at strengthening U.S. innovation, manufacturing, and technology leadership. The commitment includes more than $30 billion dedicated to advancing American manufacturing of the company’s mainframe and quantum computers. The announcement reaffirms IBM’s longstanding focus on U.S. jobs and manufacturing, a legacy

The Minerals Council of Australia (MCA) is urging major parties in the Australian election to commit to a definitive strategy for critical mineral exploration and sector expansion. MCA CEO Tania Constable questioned the efficacy of the proposed Critical Minerals Strategic Reserve, emphasizing the need to focus on core fundamentals to bolster Australia’s mining competitiveness. These

Western Mines Group (ASX:WMG) has been awarded two Exploration Incentive Scheme (EIS) grants totaling $440,000 by the Western Australian Government. The funds will support further drilling at the Mulga Tank Project, which is prospective for nickel, cobalt, copper, and platinum group elements. Specifically, $220,000 will co-fund 50% of direct drilling costs for a deep exploration

Sayona Mining (ASX: SYA) has announced positive results from its 2024 drilling campaign at the Moblan lithium project in Canada, a joint venture with Investissement Québec. The drilling program, comprising 99 holes totaling 28,514 metres, aimed to collect in-fill data to potentially upgrade the mineral resource estimate (MRE). Results revealed significant intercepts of high-grade lithium

Vertex Minerals (ASX:VTX) has announced the identification of a fully developed two-stope block at its Reward Mine in New South Wales, set to enhance the mine’s production start-up. These stopes, excavated spaces for ore extraction, are suited for airleg mining, complementing existing jumbo production methods. The company, with a market capitalization of $41.11 million, intends

Great Boulder Resources (ASX:GBR) is progressing its Side Well Gold Project in Western Australia with the appointment of Matt Holmes as Environmental Manager. Holmes, bringing over 25 years of experience, will spearhead the permitting and approvals process, prioritizing studies for the Ironbark deposit. Simultaneously, Great Boulder has commenced a Scoping Study for the Ironbark deposit,