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Empire Energy targets mid-2025 gas sales

Empire Energy (ASX:EEG) has released its Q3 2024 quarterly report, announcing progress in its Carpentaria Gas Project. The company focuses on exploring and developing unconventional gas resources across approximately 29 million acres in the Beetaloo Sub-basin of the Northern Territory. Unlike conventional gas, which flows through porous rock and is generally extracted from large reservoirs, unconventional gas

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Syrah secures DFC loan as it navigates graphite market challenges

Syrah Resources (ASX:SYR), a key supplier of natural graphite, has announced progress on its flagship Balama operation in Mozambique and the Vidalia Active Anode Material (AAM) facility in the US. The company’s recent US$150 million loan from the US International Development Finance Corporation (DFC) will help sustain operations at Balama, which is integral to meeting

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Data3 reports record sales and AI growth

Data3 (ASX:DTL) has announced record gross sales of $2.8bn for FY24 at its Annual General Meeting, held today, representing 7.6% year-over-year growth despite economic headwinds like inflation and tightened corporate spending. The company, headquartered in Brisbane, provides a wide range of technology services across software, infrastructure, cloud, cybersecurity and data solutions, targeting sectors including government,

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Stocks of the Hour: Noble Helium, E79 Gold Mines, Syrah Resources

Noble Helium Limited (ASX:NHE) has found significantly elevated helium concentrations from gas bubbles in the southern North Rukwa Project, near Kinambo. A team from the University of Dar es Salaam used a Mini-Ruedi mass spectrometer to analyse six areas, all showing above-background helium levels. These locations align with potential shallow gas targets for the upcoming

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ASX down 0.24% near noon

At 11:40am, the S&P/ASX 200 is 0.24 per cent lower at 8,229.60. The SPI futures are pointing to a fall of 24 points. Best and worst performers The best-performing sector is Materials, up 0.88 per cent. The worst-performing sector is Consumer Staples, down 2.99 per cent. The best-performing large cap is Pilbara Minerals (ASX:PLS), trading

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Bougainville Copper settles dispute with Bougainville Government

Bougainville Copper (ASX:BOC) has reached an agreement with the Autonomous Bougainville Government (ABG) to resolve long-standing disputes over its exploration rights at the Panguna copper-gold project. This project, located in Bougainville, Papua New Guinea, was once one of the largest copper mines in the world, and holds significant historical and economic importance. However, it has

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