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Stocks of the Hour: Octava Minerals, Critica, Platinum Asset Management

To register for Friday’s webinar click here. Octava Minerals (ASX:OCT) has announced that exploration at Yallalong will focus on previously identified and partially drilled high grade antimony targets. Octava’s Managing Director Bevan Wakelam stated: ” It was noted that historic drilling for antimony had been carried out at the project and with ingot prices increasing […]

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Xero acquires South African analytics platform Syft for US$70 million

Global accounting software group Xero (ASX:XRO) will pay up to US$70 million (around AU$104 million) for South African cloud-based reporting and analytics platform Syft. The purchase will be an add-on to Xero’s suite of global offerings. The cost comprises an upfront payment of US$40 million, with the remainder consisting of earn-outs and employee-restricted shares over

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Star Entertainment secures lender bailout to avoid casino sales

Yet another after-market close announcement from Star Entertainment (ASX:SGR) surfaced on Monday evening, with media reports indicating that the company is set to be bailed out by its lenders under a five-point plan. This plan is designed to give the gaming group’s new CEO, Steve McCann, the chance to turn around its performance without selling

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Lucara Diamonds unveils 1,094-carat gem from Botswana’s Karowe mine

Yet another massive rough diamond has been found in an increasingly rich mine in Botswana by the Canadian firm Lucara Diamonds. The news came from the company via an announcement late Sunday night that it had discovered an “extraordinary” 1,094-carat rough diamond from its Karowe Mine in Botswana. Lucara said this stone bears strong similarities

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Quantum computers and diamonds

Quantum Brilliance CEO Mark Luo discusses how his company is pioneering quantum computing with synthetic diamonds, offering a miniaturised and energy-efficient alternative. He highlights the company’s rapid growth since its spin-out from the Australian National University, its unique approach to quantum technology and the enormous commercial potential of quantum at the edge. Abbey Phillipps: I’m

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