Uncategorized

Patagonia Lithium (ASX:PL3) has acquired exploration licences over three prospective properties in the lithium triangle in Argentina. The company has assembled an experienced team to develop the prospects.

El Nino is coming and the growing chance of a ‘big dry’ later this year and early next has seen the federal government’s chief rural analysis and forecasting group cut Australia’s winter crop production and exports forecasts. According to the June crop report from the Department of Agriculture, Fisheries and Forestry, total Australian winter crop

Tesla’s share price has zoomed higher this year as the Elon Musk-run company seems to have gotten its mojo back after the CEO was diverted by his loss-making Twitter adventure in 2022. Tesla’s sales are rising nicely – especially in China – after the problems with the Covid lockdowns last year and the price cutting

London-based Benchmark Mineral Intelligence reckons not only is Australia well placed in lithium, but it is starting to see something similar in rare earths. Benchmark is not normally given to extravagant predictions – it’s one of the world’s leading analysts of demand and supply, especially for key renewable materials such as lithium and rare earths.

Australia’s third-biggest gold miner Evolution Mining (ASX:EVN) is finally getting the expansion of one of its cornerstone mines, Mungari, underway with the aim to be in production by 2026-27. Evolution (EVN) says the project – which was delayed last year by Covid and the pandemic restricting the availability of labour – will cost around a

The week brings with it the big question for American investors especially: will the Fed and US inflation data derail the Wall Street’s return to a bull market, or will overly optimistic investors keep buying even if the data is not reassuring. The first big test will be US May consumer inflation tonight night, (Sydney

The global calendar of major economic and markets events this week will be a central bank bonanza one, packed with decisions and updates that will alter investor sentiment and asset price trajectories – and probably leave us just as confused as usual. There are meetings and possible rate rises from one of the world’s two

Iron ore still rising, LNG still wallowing, oil going nowhere after the Saudi cut decision but gold is looking at a big week ahead. It will be US inflation data and interest rate decisions from the Fed and European Central Bank that will grab traders’ interest – those of gold in particular. A bull market

The return of the hawks in Australia and Canada last week has reminded investors that inflation hasn’t evaporated from the risk landscape nor have the dangers of aggressive central banks. As we have pointed out the US May consumer inflation report tonight and then the Fed’s rate decision early Thursday (Sydney time) carry with them