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Stocks of the Hour: Tamboran Resources, Solis Minerals, North Stawell Minerals

Tamboran Resources made several announcements this morning. The Amungee 2H (A2H) well in EP 98 has achieved gas breakthrough. The company has completed analysis of two flow tests in the Santos-operated EP 161 permit, in which Tamboran owns 25 per cent. Tamboran has signed two MOUs with BP and Shell for supply of 4.4 MTPA […]

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Iron ore prices rebound: ASX closes 1.63% lower

Australian investment banking fees have experienced a significant 50 per cent decline in the first half of this year compared to 2022, with equity capital markets, mergers and acquisitions advisory, and syndicated lending fees all showing notable decreases. Iron ore prices rebounded as investors remain hopeful for China’s stimulus measures, with Singapore iron ore futures

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Northern Star doubles its asset

As widely forecasted, Northern Star Resources (ASX:NST) has greenlit the doubling in size of its major asset, the SuperPit gold mine of KGCM near Kalgoorlie, at a cost of $1.5 billion. The company has been examining the pros and cons of the ambitious plan for months, and mining industry rumours had indicated that the decision

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Magnis Energy Technologies (ASX:MNS) receives lithium-ion battery certification

Magnis Energy Technologies Limited (ASX:MNS) Managing Director (US) Hoshi Daruwalla discusses the UN/DOT 38.3 certification awarded to lithium-ion batteries produced at the IM3NY battery plant. Paul Sanger: We’re talking today with Magnis Energy Technologies (ASX:MNS). If you don’t know the company, ASX code “MNS”. Magnis has a market cap of around $180m. Magnis is a

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Lake Resources (ASX:LKE) announces two-phase production strategy for battery-grade lithium carbonate

Lake Resources Limited (ASX:LKE) Managing Director David Dickson discusses the company’s two-phase strategy. Paul Sanger: We’re talking today with Lake Resources (ASX:LKE). If you don’t know the company, ASX code “LKE”, market cap of $650m. The company is a clean lithium developer of utilising clean direct lithium extraction technology for the development of sustainable high-purity

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