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Diary: Working hard for the money

15 May 2023 - A week after the appearance of the 2023-24 federal budget and the health of the labour market and wages will be tested in successive days on Wednesday and Thursday.

Commodities Corner: Walk and talk

15 May 2023 - Oil, copper, coal, iron ore and other commodities took another pasting last week as the latest Chinese commodity import data failed to convince and left traders wonde…

Buffett cashed up and happy to stay so

15 May 2023 - As we have observed in the past, Warren Buffett is all about cash, a lot of it and its clever, profitable deployment over time.

A guide to the rare earths market

13 May 2023 - The rare earth elements (REE) comprise a group of seventeen metallic elements, including the fifteen lanthanides present in the periodic table, along with scandium an…

Ambitious Allkem ready to Livent the lithium dream

13 May 2023 - All sorts of boosterish angles appeared in print and online about the $US10.6 billion ($A15 billion) merger between Allkem and US group Livent and most of the them mi…

Central Bank buying keeps gold glittering on

13 May 2023 - Gold continues to hang in thanks to stronger prices driven by those fears about US regional banks, higher interest rates hitting consumer spending and confidence.

Weak demand continues to bedevil Chinese economy

13 May 2023 - Inflation is still sliding towards deflation, producer prices are still falling, as are imports, and exports are sagging – all signs that the Chinese economy is being…

Stocks of the Hour: Encounter Resources, Bowen Coking Coal, Lithium Energy

12 May 2023 - A snapshot of the stocks on the move featuring Encounter Resources (ASX:ENR), Bowen Coking Coal (ASX:BCB) and Lithium Energy (ASX:LEL).

Big lithium deal sparks frantic search for the next perfect match

12 May 2023 - Who’s Next? was the question on the ASX on Thursday after investors went searching for more candidates for mergers and acquisitions action after more than $21 billion…

1H23 goes off with a bang for Orica

12 May 2023 - A big half year for explosives and ammonia group Orica (ASX:ORI), with revenue up more than 30%, underlying earnings up more than 30% and interim dividend also up mor…

GrainCorp converting bushels into big bucks

12 May 2023 - The boom conditions in rural Australia – especially the East Coast grain and oilseeds sectors – continued for GrainCorp which revealed an upgrade to full year earning…

NextDC Sees its future in the clouds

12 May 2023 - Data centre group NextDC (ASX:NXT) wants shareholders to cough up $618 million to help pay for two new developments as part of its regional expansion strategy into As…

Stocks of the Hour: Prospech, Allkem, Brookside Energy

11 May 2023 - A snapshot of the stocks on the move featuring Prospech (ASX:PRS), Allkem (ASX:AKE) and Brookside Energy (ASX:BRK).

CSR bucks building weakness for strong year

11 May 2023 - A small lift in final dividend to reward shareholders in building materials (and property) group, CSR (ASX:CSR) after it revealed a 17% rise in full year profit for t…

No fading for DeGrey at Mallina prospect

11 May 2023 - DeGrey Mining (ASX:DEG) has given a big hint that a small but interesting deposit in its Mallina gold prospect in the WA Pilbara, is about to get larger and more impo…

Double trouble for Appen and Redbubble

11 May 2023 - Shares in Appen (ASX:APX) slumped nearly 30% yesterday after a very weak trading update revenue for 2023 and added news that it had started another round of cost cuts…

Allkem, Livent to merge into lithium supergroup

11 May 2023 - Allkem Ltd (ASX:AKE) and Livent Corp (NYSE:LTHM) have agreed to an all-share merger worth $US10.6 billion that will see the Western world’s third-largest producer of …

Stocks of the Hour: Ioneer, Magnum Min & Expl, Asra Minerals, Evergreen Lithium

10 May 2023 - A snapshot of the stocks on the move featuring Ioneer (ASX:INR), Magnum Mining & Exploration (ASX:MGU), Asra Minerals (ASX:ASR) and Evergreen Lithium (ASX:EG1).

Hermosa's prospects rising fast for South32

10 May 2023 - South32’s (ASX:S32) proposed Hermosa manganese and zinc mine in the US has moved closer to a major expansion after it became the first mining project added to an Amer…

2023-24 Federal Budget Review, Part One

10 May 2023 - The 2023-24 federal budget was leaked so much that it was almost DOA.

2023-24 Federal Budget Review, Part Two

10 May 2023 - Call it the Twiggy Forrest reward for all that urging the executive chair of Fortescue Metals Group has been doing to promote green hydrogen.

Economic see-saw continues for China

10 May 2023 - Further confirmation that the Chinese economy continues to stutter with the slide in imports deepening in April and March’s surge in exports almost halved last month …

Stocks of the Hour: North Stawell Min, Radiopharm, Voltaic Strategic, Besra Gold

09 May 2023 - A snapshot of the stocks on the move featuring North Stawell Minerals (ASX:NSM), Radiopharm Theranostics (ASX:RAD), Voltaic Strategic Resources (ASX:VSR) and Besra Go…

Loan stress creep the chief concern for local Banks

09 May 2023 - Westpac’s (ASX:WBC) interim results yesterday capped the half way point of the Big Four’s 2022-23 financial year with combined statutory earnings up nearly 11% to $16…

China NEV weakness a threat to lithium bounce

09 May 2023 - A couple of leading banks have switched back to being positive about lithium with Macquarie and Morgan Stanley both upbeat once again.

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