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Australias inventories increased for the March Qtr: ASX 1.05% higher at noon

In the March quarter, Australia’s inventories increased by 1.2 per cent compared to the previous quarter, surpassing Bloomberg’s predicted 0.3 per cent growth. On the other hand, company profits only rose by 0.3 per cent, falling short of the expected 2 per cent increase. Iron ore prices surged on Monday as market participants anticipated potential

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Stocks of the Hour: Resources & Energy Group, WA1 Resources, ImpediMed

Resources & Energy Group (ASX:REZ) announced that their opening drilling campaign has confirmed nickel sulphides at their Springfield Nickel Prospect in WA. MD and CEO, J. Daniel Moore commented, “[the 100%-owned package we have today has] opened the way to modern approaches for exploration and the sorts of drill hits we are now enjoying.” Shares

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