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Perseus Mining invests in OreCorp, aims to block Silvercorp's bid

27 Nov 2023 - Perseus Mining has utilised a portion of its US$600 million (over A$900 million) cash reserve to acquire a significant stake in OreCorp, a competing African mining co…

Origin's fate hangs in the balance

27 Nov 2023 - By next Sunday, it will be clear whether Canada's Brookfield and EIG of the US have a chance of gaining approval at Origin Energy's adjourned shareholders' meeting on…

QBE poised to exceed 2022 net profit

27 Nov 2023 - QBE (ASX:QBE) looks set to meet or exceed its 2022 net profit, thanks to a remarkable turnaround in investment returns during the year ending in December.

IGO clears CEO after confidentiality breach

27 Nov 2023 - Perth-based IGO (ASX:IGO) has cleared incoming CEO Ivan Vella after he was summarily fired by his former employer, Rio Tinto, over a confidentiality breach.

Stocks of the Hour: Tamboran Resources, RareX, Black Canyon

27 Nov 2023 - A snapshot of the stocks on the move, featuring Tamboran Resources (ASX:TBN), RareX (ASX:REE) and Black Canyon (ASX:BCA).

China's property crisis deepens: Zhongzhi shadow bank faces investigation

27 Nov 2023 - China's property woes continue to inflict damage on the nation's economy, with indications of substantial losses and potential criminal investigations surfacing as th…

London court decision favours BHP in dam collapse lawsuit

27 Nov 2023 - A London court decision on Friday could provide BHP with a significant advantage in limiting potential financial liabilities related to a British court class action c…

Uncertainty plagues OPEC+ as oil prices decline for the fourth consecutive week

27 Nov 2023 - A week ago, no one anticipated the sudden uncertainty gripping the oil markets. The steadfast support for production cuts within the OPEC+ group appeared unshakable, …

Gold prices rise amid weakening dollar and stable treasury yields

27 Nov 2023 - Gold prices rose in light holiday trade early on Friday as the dollar weakened, while rising treasury yields checked the gains. Comex gold for February delivery close…

Wall Street provides little guidance for Australian investors

27 Nov 2023 - Wall Street offered Australian investors little guidance as they resumed trading today, leaving them with nothing but fond wishes and hopes for retailers.

Market focus: Inflation updates, retailer performances, and economic data

27 Nov 2023 - A meandering week ahead for markets, featuring some inflation news in the US and Australia, a GDP update for America, building approvals in Australia, China's latest …

Platinum prices slide despite supply deficit forecasts

24 Nov 2023 - Despite repeated forecasts of a growing supply deficit, platinum prices have slid more than 14% up to last week from January 1.

Evolution Mining executive discusses gold's role in uncertain times

24 Nov 2023 - Jake Klein, executive chair of Evolution Mining (ASX:EVN), one of Australia's last remaining globally significant gold miners, appears to be a reluctant gold 'bull,' …

Stocks of the Hour: Ark Mines, Aurumin, Krakatoa Resources

24 Nov 2023 - A snapshot of the stocks on the move, featuring Ark Mines (ASX:AHK), Aurumin (ASX:AUN) and Krakatoa Resources (ASX:KTA).

Chinese Government concerned over high iron ore prices

24 Nov 2023 - For the third time this year, the Chinese government is raising concerns about soaring iron ore prices, attributing them to speculation. On Thursday, the country's pr…

Revised bid structure for Origin Energy faces strong opposition

24 Nov 2023 - The revised bid structure from Brookfield and EIG for Origin Energy (ASX:ORG) appears to be in jeopardy, based on market sentiment and reactions from key stakeholders…

Origin Energy takeover grows more complex as shareholder meeting postponed

23 Nov 2023 - The Origin Energy (ASX:ORG) board decided to postpone Thursday's shareholder meeting, originally scheduled to vote on the $20 billion offer from Canada's Brookfield a…

Chariot's off to the races

23 Nov 2023 - Chariot Corporation (ASX:CC9) witnessed a remarkable 35% increase in its share price yesterday, closing at 70 cents with $700,000 in stock trading volume,. And the po…

Stocks of the Hour: Chimeric Therapeutics, Armada, Site Group International, Linius Technologies

23 Nov 2023 - A snapshot of the stocks on the move, featuring Chimeric Therapeutics (ASX:CHM), Armada (ASX:AMM), Site Group International (ASX:SIT) and Linius Technologies (ASX:LNU…

Chimeric Therapeutics shows promise in ovarian and pancreatic cancers

23 Nov 2023 - Chimeric Therapeutics (ASX:CHM), an Australian company specialising in cell therapy, has reported significant in vitro findings for its chlorotoxin (CLTX) chimeric an…

Linius Technologies breaks into US college sports with Peach Belt Conference deal

23 Nov 2023 - Linius Technologies (ASX:LNU), a pioneer in cloud-based video solutions, is set to make a significant impact on the US college sports market with its latest venture. …

Trading halted as new bid structure emerges for Origin Energy

23 Nov 2023 - Trading in Origin Energy (ASX:ORG) shares has been halted after Canada's Brookfield and EIG Partners of the US, the company's suitors, introduced a new bid structure …

Uranium price surge: Factors and investment opportunities

23 Nov 2023 - Uranium prices have experienced a significant uptick, crossing the $80 per pound threshold, a level not observed in over 15 years. This surge in uranium prices can be…

Tower withholds final dividend after weather-related costs

23 Nov 2023 - Tower, the New Zealand-based insurer, will not pay a final dividend due to the substantial costs incurred from storms, floods, and cyclones in early 2023.

Gold's prospects brighten despite soft landing expectations: Three key factors to watch

23 Nov 2023 - Inflation data from the United States has reinforced the belief in a Goldilocks-style soft landing for the economy in the coming year.

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