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Lithium Australia (ASX:LIT) has announced a significant joint development agreement with leading ASX-listed mining company Mineral Resources Ltd (MinRes) related to their innovative lithium extraction technology, LieNA®. MinRes, with a market capitalisation of approximately A$13.6 billion, is known for its extensive mining operations in Western Australia, including lithium and iron ore. The agreement will see […]

Pilbara Minerals (ASX:PLS) have surged following the announcement of a substantial 36 per cent increase in total Resource tonnage and a 64 per cent increase in total Measured and Indicated Resource, enhancing overall resource confidence with 82 per cent of the Mineral Resource now classified as Measured and Indicated, making it one of the strongest

GUD (ASX:GUD) is set to become a pure-play automotive products company after the $65 million sale of its pumps company, Davey Water Products, to Sydney-based Waterco. Instead of future-proofing its water business, as the company seemed to be doing at one stage, GUD says the sale of the Davey business “crystallises GUD’s ambition to be

The lithium industry is bracing for a seismic shift as a Benchmark analysis reveals that a staggering $116 billion investment is needed by 2030 to fulfil the ambitious targets set by governments and major automakers. This substantial sum is more than double the $54 billion initially estimated and is critical to support the growing demand

Pilbara Minerals (ASX:PLS) announced a substantial increase in Mineral Resource at its Pilgangoora Operation in WA, reinforcing its position as one of the world’s largest hard-rock lithium operations. In response, Managing Director and CEO, Dale Henderson, said: “We have added 109Mt of additional Mineral Resource at a direct exploration cost of only 13 cents per

The S&P 500 and Nasdaq Composite slumped Friday for a fourth straight session, and notched their worst weeks since March, as traders seemed to book profits following the latest corporate earnings releases and US jobs data. The S&P 500 shed 0.53 per cent to finish at 4,478.03, while the Nasdaq Composite dipped 0.36 per cent

Renowned gold mining executive Raleigh Finlayson is tipping a spate of intensified deals in the Australian gold sector, expressing an uncommonly bullish outlook for the precious metal. As the Managing Director of Genesis Minerals, Finlayson believes the recent takeover tussle for Musgrave Minerals may just be a precursor to bigger mergers and consolidation plays on

Economists are pointing out that there could be a statistical reason for a small rise in month-on-month and annual inflation, which could also be aided by July’s upturn in oil and petrol prices, now reaching 9-month highs in some parts of the US. July’s Consumer Price Index (CPI) is expected to be similar to June’s,