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Fortescue Group joins iron ore bonanza: Reports 41% profit increase

23 Feb 2024 - Fortescue Group (ASX:FMG) has joined the December half-year iron ore bonanza already shared by Rio Tinto, BHP, Mount Gibson, and Mineral Resources.

Perseus shines amid gold surge: Reports 21% profit growth

23 Feb 2024 - Australian-based African gold miner Perseus (ASX:PRU) demonstrated significant growth amidst the surge in gold prices towards the end of 2023. The company reported a …

Pilbara Minerals maintains hold on cash reserves

22 Feb 2024 - Despite a 71% slump in its cash margin in the six months to December, Pilbara Minerals (ASX:PLS) maintained a hold on its cash reserves, which ended the half at just …

Nickel and lithium squeeze takes toll on IGO

22 Feb 2024 - As expected, the double-play squeeze on nickel and lithium in the December half took a toll on IGO’s (ASX:IGO) interim result.

Fortescue joins iron ore party

22 Feb 2024 - Fortescue Group (ASX:FMG) has joined the December half-year iron ore bonanza, which Rio Tinto, BHP, Mount Gibson, and Mineral Resources have already shared in.

Stocks of the Hour: 88 Energy, Auric Mining, LBT Innovations

22 Feb 2024 - A snapshot of the stocks on the move, featuring 88 Energy (ASX:88E, AIM:88E, OTC:EEENF), Auric Mining (ASX:AWJ) and LBT Innovations (ASX:LBT).

Mineral Resources' weak financial results revealed after hours

22 Feb 2024 - Perth-based mining giant Mineral Resources (ASX:MIN) unveiled its disappointing financial performance for the December half-year in a late Wednesday evening release, …

Northern Star reports record earnings Amid Year-End Gold Price Surge

22 Feb 2024 - In a testament to the buoyancy of the gold market, Northern Star Resources (ASX:NST) has announced record earnings and dividends for the six-month period ending in De…

Nvidia's shares surge after bell on strong fourth quarter results

22 Feb 2024 - Shares in Nvidia surged nearly 8% in the minutes after the AI chip giant released better-than-expected fourth-quarter figures and forecasted a stronger-than-expected …

French giant Saint-Gobain makes $9 per share bid for CSR

22 Feb 2024 - CSR (ASX:CSR) has confirmed that it has received a $9 per share bid approach from French building products giant Saint-Gobain.

Australian wages outpace inflation by slim margin

22 Feb 2024 - By the tiniest of margins, Australian wages grew faster than inflation in the three months to December, but it would not have happened had it not been for revisions t…

Santos' profit decline: Impetus for Woodside Energy's merger pause?

22 Feb 2024 - Santos (ASX:STO) revealed a 42% slump in its underlying 2023 net profit to $US1.423 billion ($A2.2 billion) due to weaker gas prices and sales. While this was down fr…

Rio Tinto's reports earnings decline amidst price weakness

22 Feb 2024 - Rio Tinto (ASX:RIO) reported an 11.1% drop in underlying earnings for 2023 late Wednesday. Weaker prices resulted in a lower contribution from its aluminium business,…

HSBC's second major write-down in four months

22 Feb 2024 - For the second time in four months, HSBC has revealed its pessimism regarding the future direction of the Chinese economy and the country’s severe property crisis wit…

Fed signals caution on interest rates amid inflation concerns

22 Feb 2024 - Federal Reserve officials have given U.S. investors, analysts, and politicians, heading for November’s elections, something to think about by making it clear they rem…

Glencore struggles amid coal price collapse

22 Feb 2024 - Glencore, a top five global miner, emerged as the biggest victim of the 2023 collapse in coal prices, experiencing a 50% plus slump in earnings and slashing dividends…

EBOS reports strong sales

21 Feb 2024 - Healthcare products distributor and retailer, EBOS (ASX:EBO), has raised its dividend by 7.5% following a solid increase in sales and earnings across Australia and Ne…

Woolworths CEO Brad Banducci departs amidst financial turmoil

21 Feb 2024 - Woolworths (ASX:WOW) CEO, Brad Banducci, is departing just days after a blow-up in an interview with ABC TV program Four Corners, which examined grocery pricing. Howe…

Red ink in the property sector: Charter Hall reports losses

21 Feb 2024 - The red ink continues in the property trust sector, with Charter Hall Group (ASX:CHC) joining in with a very weak, loss-studded financial report for the December half…

WiseTech Global shares surge on strong interim results

21 Feb 2024 - Shares in WiseTech Global (ASX:WTC), one of the ASX’s premier tech stocks, are back on track to reach last August’s all-time highs after a better-than-expected interi…

Stocks of the Hour: Bastion Minerals, Lithium Universe, Argent Minerals

21 Feb 2024 - A snapshot of the stocks on the move, featuring Bastion Minerals (ASX:BMO), Lithium Universe (ASX:LU7) and Argent Minerals (ASX:ARD).

NAB faces decline in earnings as CEO set to retire

21 Feb 2024 - The National Australia Bank (ASX:NAB) is bracing for a less profitable departure for its CEO, Ross McEwan, as the bank experiences an unexpected 17% decline in cash e…

Lithium Universe secures prime industrial land for lithium refinery expansion

21 Feb 2024 - Lithium Universe (ASX:LU7) has made a significant move in its quest to address the lithium conversion capacity gap in the North American market. The company announced…

Mount Gibson Iron rides the wave of the iron ore price surge

21 Feb 2024 - The iron ore price surge of late 2023 was the gift that continues giving to Australian miners, as we saw with BHP’s (ASX:BHP) huge $US9 billion plus have year profit …

Is KMD Brands falling victim to global warming?

20 Feb 2024 - La Niña and its heavy rainfall transitioned to a brief El Niño in the latter half of 2023. However, since December, storms, cyclones, and heavy showers across much of…

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