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Space to grow: National Storage REIT adds 73,000 sqm

National Storage REIT (ASX:NSR) has announced robust financial outcomes for FY24, with earnings rising by 9% to $154m. The Brisbane-based self-storage leader, which now operates over 250 centres across Australia and New Zealand, also reported record revenue of $355m, underscoring its strong position in the sector. Notably, the company’s portfolio value increased by 11%, reaching […]

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Federation Mine milestone marks next growth phase for Aurelia Metals

Aurelia Metals (ASX:AMI) has made strides in Q1 FY25, progressing its flagship Federation Mine while expanding its Peak processing plant in New South Wales. The company mined its first stope ore from Federation, a key milestone towards ramping up production to 600ktpa of lead-zinc ore over the next 18 months. The official opening of the

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Changing of the guard at Domain Holdings

Domain Holdings Australia (ASX:DHG) has announced the upcoming departure of its Chief Executive Officer, Jason Pellegrino, after six years in the role. Pellegrino, who joined Domain in 2018, will continue in his position for up to six months to ensure a smooth leadership transition. Pellegrino’s tenure saw Domain transition from a traditional classifieds business to

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Copper dips, zinc soars: Mixed results for 29Metals in Q3

29Metals (ASX:29M) posted a mixed performance in Q3 FY24, with zinc production at its flagship Golden Grove mine soaring 25% quarter-on-quarter to 19.1kt. However, copper production dropped to 4.4kt. Despite the operational challenges, the company’s free cash flow amounted to $26m for the quarter, with operating cash flow reaching $42m. James Palmer, 29Metals’ CEO, commented

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ASX is up 0.2% near noon

At 11:50am, the S&P/ASX 200 is 0.18 per cent higher at 8,221. The SPI futures are pointing to a rise of 7 points. Best and worst performers The best-performing sector is Consumer Staples, up 1.25 per cent. The worst-performing sector is Information Technology, down 0.76 per cent. The best-performing large cap is Qantas Airways (ASX:QAN),

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Golds resurgence: Navigating unprecedented price trends

Over the past year, the price of gold has experienced something unusual. It has reached record highs, seemingly disconnected from traditional influencers like interest rates, inflation, and the dollar. Even more striking is its steady ascent, which stands in contrast to the volatility of major geopolitical events. Gold’s status as a “safe-haven” asset has evolved,

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