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Tin prices have soared to their highest levels in nearly two years as the suspension of Alphamin Resources’ Bisie mine in the Democratic Republic of the Congo exacerbates a tightening global supply. London Metal Exchange (LME) tin climbed as much as 9% on Friday, reaching $37,100 per tonne before settling around $36,160. The rally follows […]

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses developments in investment markets over the past week.   Investment markets and key developments   Global share markets fell again as uncertainty over Trump’s tariffs and the gathering global trade war added to fears about a hit to growth and profits. After

A look at some of the companies making the news on Friday. Catalyst Metals (ASX:CYL) Begins Ore Extraction at Plutonic East Catalyst Metals has commenced first stoping ore production at its Plutonic East mine, marking a major step in the company’s expansion of the Plutonic Gold Belt in Western Australia. The mine, previously on care

Treasury Secretary Scott Bessent has conceded that a recession is possible but downplayed concerns about the recent stock market sell-off, stating that corrections are “healthy” and “normal.” His comments come amid increased market turbulence following the Trump administration’s sweeping tariffs on key trading partners. “There are no guarantees,” Bessent said in an interview on NBC’s

BMW has warned that newly imposed tariffs will cost the company approximately €1 billion ($1.09 billion) this year as global trade tensions intensify between the United States, Europe, and China. The German automaker said on Friday that its earnings margin for its automotive segment is expected to fall between 5% and 7% in 2025, compared

Swedish battery manufacturer Northvolt filed for bankruptcy on 12 March 2025, bringing an abrupt end to a company once seen as Europe’s best hope of challenging Asian dominance in electric vehicle (EV) battery production. Northvolt cited rising capital costs, geopolitical instability, supply chain disruptions, and shifting market demand as the main factors behind its financial

Stocks rallied on Friday, clawing back some of the steep losses seen over the week as investors got a reprieve from tariff-related headlines.   The Dow Jones Industrial Average rose 674.62 points, or 1.65%, to close at 41,488.19. The S&P 500 climbed 2.13% to end at 5,638.94, while the Nasdaq Composite advanced 2.61% to settle

ReNerve Limited (ASX:RNV) has received an additional $139,537 tax refund under the Research and Development (R&D) Tax Incentive program, bringing the total refund to $516,606. This additional funding stems from an assessment of the company’s overseas research and development activities. The initial refund of $377,069 was received in September 2024. ReNerve is focused on advancing

Whitebark Energy Limited (Whitebark) has issued its Second Supplementary Bidder’s Statement, updating shareholders on its off-market takeover offer for King Energy Limited (King). As of March 5, 2025, Whitebark has secured 80.36% voting power in King, surpassing the 50% threshold. The offer period has been extended until 5:00pm (Perth time) on March 24, 2025. The

DigitalX Limited (ASX:DCC) reported its treasury holdings as of February 28, 2025, totaling A$59.1 million. The portfolio is diversified across Spot Solana (23.6%), Spot Bitcoin (18.7%), DigitalX Bitcoin ETF Units (45.0%), DigitalX Fund Units (7.7%) and Cash at Bank (5.0%). In February, DigitalX strategically increased its Solana holdings, acquiring an additional 17,396 SOL using cash