06 Jun 2023 – The S&P 500 finished lower on Monday, erasing earlier gains that brought the benchmark index to trade at its highest level on an intraday basis in nine months.
Markets react as investors focus on Fed’s target to bring down inflation Read More »
Evolution Mining (ASX:EVN) has significantly expanded the size of the resource at the Ernest Henry gold and copper mine in North Queensland after more work on exploration in and around the mine it bought from Glencore for $1 billion in early 2022. Evolution said the Board had approved the Ernest Henry Mine Extension Project to
Ernest Henry continues its evolution into a major find Read More »
Contrary news in the boardrooms of of Myer (ASX:MYR) and Elders (ASX:ELD) on Monday, with one unexpectedly losing and the other surprisingly retaining its CEO . ………… Department store chain Myer (ASX:MYR) told the ASX on Monday that they would be looking for a replacement for current CEO John King, who has said he plans
Corporate Chatter: MYR, ELD Read More »
Oil prices rose almost 2% on Monday after the OPEC+ group extended its production cuts of 3.16 million barrels a day to the end of next year while the Saudis have also added an extra cut of a million barrels a day to the size of the reduction. The move by the Saudis to drive
Saudis keep using OPEC+ to do their bidding Read More »
At the closing bell, the S&P/ASX 200 was 1.00 per cent higher at 7,216.30. The increase was driven by the mining and consumer discretionary sectors, which offset losses in the tech stocks. The major mining companies experienced gains due to higher iron ore prices. Fortescue (ASX:FMG) rose 3.6% to $20.40, BHP (ASX:BHP) increased by 1.7%
Miners surge due to high iron ore prices: ASX closes 1% higher Read More »
05 Jun 2023 – A snapshot of the stocks on the move featuring Resources & Energy Group (ASX:REZ), WA1 Resources (ASX: WA1) and ImpediMed (ASX:IPD).
Stocks of the Hour: Resources & Energy Group, WA1 Resources, ImpediMed Read More »
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
Australias inventories increased for the March Qtr: ASX 1.05% higher at noon Read More »
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
Stocks of the Hour: Resources & Energy Group, WA1 Resources, ImpediMed Read More »
A keynote presentation provided by Cameron Perks, Principal Analyst at Benchmark Mineral Intelligence.
Benchmark Mineral Intelligence – Keynote Presentation Read More »
Christopher Gale – Managing Director – Latin Resources is exploring and developing sustainable minerals in Australia and Latin America to provide the planet with environmentally friendly products.
Latin Resources (ASX:LRS) – Webinar Presentation Read More »
