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Macquarie Technology Group secures $450 million refinancing for data centre expansion

Macquarie Technology Group Limited (ASX:MAQ) has announced a significant refinancing deal, expanding its debt facility to $450 million. The new five-year revolving loan facility represents an increase of $260 million over the previous facility, underscoring strong demand from both domestic and international lending institutions. This move supports the company’s ongoing expansion, particularly in its data […]

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IperionX accelerates titanium production

IperionX Limited (ASX:IPX) is making strides in the titanium industry, with its September 2024 quarterly report highlighting key developments. The company has successfully commissioned the Hydrogen Assisted Metallothermic Reduction (HAMR) furnace at its Virginia facility, marking the first commercial-scale titanium production from 100% recycled scrap titanium. This milestone reinforces IperionX’s goal of creating a sustainable,

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Core Lithium expands Shoobridge exploration following high-grade gold results

Core Lithium (ASX:CXO) continues to see promising results from its exploration at the Shoobridge Project in the Northern Territory. In its latest drilling campaign, the company announced high-grade gold intercepts, including 12 metres at 2.93g/t gold and an impressive 6 metres at 5.12g/t gold. The results come as part of a broader 4,500-metre drilling program,

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Genesis Energy balances energy security with renewables in strong Q1 FY25

Genesis Energy (ASX:GNE), one of New Zealand’s largest energy companies, reported a robust first quarter for FY25, driven by thermal generation and expansion into renewable energy. The company’s diverse portfolio includes electricity generation from thermal and renewable sources, as well as the retailing of electricity, gas, and LPG. Genesis serves around 500,000 customers across New

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Ioneer moves closer to Rhyolite Ridge construction with permitting milestone

Ioneer (ASX:INR) has reached a critical step in the development of its 100%-owned Rhyolite Ridge Lithium-Boron Project in Nevada. In its September 2024 quarterly report, Ioneer announced the publication of the Final Environmental Impact Statement (EIS) by the Bureau of Land Management (BLM), marking the final phase of the US federal permitting process. This EIS

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Stocks of the Hour: Yandal Resources, Vection Technologies, Unico Silver

Yandal Resources Ltd (ASX:YRL) has received assay results from the first six RC holes of its 12-hole, 2,400m program at the New England Granite Prospect (NEG). NEG is part of the Ironstone Well–Barwidgee Gold Project, situated about 45km north of Northern Star’s Bronzewing mine and 75km south of the Jundee mine, within the Yandal Greenstone

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ASX up 0.63% near noon

Australia’s sharemarket kicked off the day on a positive note, spurred by a strong performance on Wall Street and a rebound in the mining sector. At 11:50am, the S&P/ASX 200 is 0.63 per cent higher at 8,335.20. This increase was driven by gains in the energy and materials sectors, bringing the index closer to its

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Bellevue Gold ramps up production with eye on sustainability

Bellevue Gold Limited (ASX:BGL) has made strides in its gold production ramp-up, as outlined in its September 2024 quarterly report. The company is on track to achieve its FY25 production guidance of 165,000-180,000 ounces of gold, with plans to increase output to 200,000 ounces annually by Q4 FY25. This progress is supported by infrastructure upgrades

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Mineral Resources initiates investigation amid governance concerns

Mineral Resources Limited (ASX:MIN) is addressing governance issues following recent media reports concerning Managing Director Chris Ellison. The company’s Board has engaged external legal counsel to conduct an investigation, emphasising its commitment to corporate governance and transparency. In an official statement, the Board noted, “We are dedicated to robust governance practices and have taken these

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South32 rides the energy transition wave

South32 Limited (ASX:S32) continues to navigate through a period of transition, demonstrating resilience amid operational challenges and market fluctuations. In its latest quarterly report, the company highlighted a 2.87% dip in revenue for FY2024 to $5.59 billion, compared to $5.75 billion in the previous year. This decline is largely attributed to impairment charges related to

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