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North Stawell Minerals (ASX:NSM) – exploring Victoria’s Golden Triangle

Scott Duncombe, Exploration Manager of North Stawell Minerals (ASX:NSM), provides an update on the company’s gold exploration. Peter Milios: We’re talking today with the North Stawell Minerals, ASX code NSM. Market cap of around 9 million. The company’s a junior gold explorer focused on the Stawell Corridor, which is the centre of Victoria’s Golden Triangle. We

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ASX up 0.5% at noon as Australian household spending falls

In July, Australian household spending experienced a decrease of 0.7% compared to the same period last year, marking the first decline since early 2021. The Australian Bureau of Statistics reported that this drop can be attributed to the impact of higher interest rates and inflation, which have affected people’s financial situations. Robert Ewing, the ABS

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Stocks of the Hour: Liontown Resources, ABx Group, Emyria

Liontown Resources (ASX:LTR) announced that it has received a revised conditional and non-binding indicative proposal from Albemarle Corporation to acquire all of the ordinary shares outstanding in Liontown for $3.00 in cash per share via scheme of arrangement. Albemarle has advised that the Revised Indicative Proposal is its best and final proposal. Shares are trading

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Country Garden’s reprieve and China’s property sector: A fragile balance

Could there be a temporary lifeline for China’s largest property developer, Country Garden, and the struggling property sector as a whole? Reports over the weekend indicate that Country Garden has secured creditor approval to extend payments for a 3.9 billion yuan ($US540 million) onshore private bond. This development follows a tense period last week when

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Commodity markets rally with positive gains, led by oil, iron ore, and copper

Commodity markets experienced an uncommonly positive week as various commodities, including iron ore, gold, copper, and oil, saw significant gains. Yet again, oil takes the spotlight in the commodity markets, not due to a decline in US rig use this time, but due to reports suggesting an extension of Saudi Arabia and Russia’s production caps

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