LA Private

Uncategorized

Andover all your spare change: Azure’s WA lithium find could break the records

For ASX-listed Azure Minerals (ASX:AZS), identifying one of Western Australia’s most exciting lithium finds involved deep trawling through long-forgotten archives in the bowels of the state’s museum. Paradoxically, Azure initially was focused on another commodity – nickel – at its flagship Andover project, covering 70 square kilometres in the rugged Pilbara region. Azure chief Tony […]

Andover all your spare change: Azure’s WA lithium find could break the records Read More »

PointsBet board backs FBG’s enhanced US$225m proposal

Fanatics Betting and Gaming has made an improved proposal to acquire PointsBet’s (ASX:PBH) US business for a headline cash consideration of US$225 million (~A$333 million), representing a 50% increase compared to the previous bid. The PointsBet Board unanimously recommends accepting FBG’s offer, citing the higher price and the certainty of timely completion. The transaction will

PointsBet board backs FBG’s enhanced US$225m proposal Read More »

Stocks of the Hour: Raiden Resources, Encounter Resources, Stellar Resources

Raiden Resources (ASX:RDN) has entered into a transaction to acquire an 80 per cent interest in the Welcome Exploration tenements. These are located in the Pilbara region of WA. Dusko Ljubojevic, MD of Raiden, commented: “With credit to Raiden’s management team, the company has managed to secure prospective ground immediately adjacent to one of the

Stocks of the Hour: Raiden Resources, Encounter Resources, Stellar Resources Read More »

Gina Rinehart makes inroads into British beef market with Australia-UK free trade deal

Australian billionaire businesswoman Gina Rinehart, through Hancock Agriculture (ASX:HAN), has seized the opportunity presented by the recently signed Australia-UK free trade deal to enter the British beef market. Rinehart introduced her premium beef products, including the renowned wagyu product called 2GR, from Hancock Agriculture and three new high-quality meats from S. Kidman farms (ASX:KID). Emphasising

Gina Rinehart makes inroads into British beef market with Australia-UK free trade deal Read More »

Medibank ordered to hold $250m in capital as cyber weaknesses expand

Australia’s largest health insurer, Medibank (ASX:MPL), has been instructed by the prudential regulator to increase its capital adequacy by $250 million and undergo a targeted technology review following the fallout from the country’s largest data breach. The move comes as the insurer faces consumer class action lawsuits stemming from the October 2022 cyber incident that

Medibank ordered to hold $250m in capital as cyber weaknesses expand Read More »