MinRes falters as Ordell soars on gold find
ASX closes higher despite a big dip in Mineral Resources, while the US dollar weakens amid uncertain election polling.
News
Why gold could outperform under Trump
Trump’s imminent return to the White House has brought a dive in gold prices. But experts think that could be short-lived.
Crucible: Dr Boreham’s A-To-Z of 2024 biotech
From AI to zygotes, the biotech sector this year delivered the A to Z of excitement, intrigue, occasional disappointment and downright disaster.
Can Adore Beauty’s new CEO turn it around?
Adore Beauty faces growth challenges but new CEO Sacha Laing is aiminf for a 30pc revenue boost and tripling of margins in three years.
Control Bionics eyes ‘near term’ profitability
Assistive communications group Control Bionics says it has overcome recent challenges including slow NDIS billing.
Iltani up on high-grade silver
Iltani surges on silver hit, Emmerson in gold takeover frame says Bridge Street and Patriot revives Zambian copper deal.
Santa rally stalls as China data hits
The ASX dropped on Monday as miners and tech slid and China’s weak data impacted commodities. Meanwhile, Bitcoin hit ANOTHER record high.
Iron ore drags miners; Digico drops again
Iron ore drags ASX miners, Digico and Ventia slump, Chalmers announces RBA shake-up.
Anteris debuts on the Nasdaq exchange
The heart valve innovator has started trading on the Nasdaq, as part of a US$88 million initial public offer.
Silver deposit already “looks like a mine”
Market observers are buzzing about the potential of Maronan Metals’ Queensland silver deposit of the same name.
Commsec’s ASX “Strong Buys”
Top “strong buy” stocks include Life360, West African Resources, and leaders in mining, biotech, and energy.
Crisis? What crisis? Troubled shares will (usually) recover
Investors can profit from investing in the midst of a corporate disaster – but they need nerves of steel.
ASX set for weekly loss as miners, real estate slump
The ASX drops as Wall Street weakness weighs on sentiment, with Insignia outperforming and Rio Tinto slumping.
Auric Mining banks another $5M
arah Hughan tells all on Auric Mining’s $5.2m returns from the latest round of gold sales at its Jeffreys Find mine near Norseman in WA’s Goldfields.
Why 2025 could be the year for ASX small caps
ASX small caps could rebound in 2025, Shaw and Partners analysts say, with lower interest rates boosting growth along with diversification and returns.
James Bay on fast track in Nevada
While miners say red tape is making Australia increasingly uncompetitive, the same can’t be said of Nevada, where junior goldie James Bay is thriving.
ASX slides; DigiCo REIT drops on IPO debut
The ASX hits near 4-week low, led by losses in miners, as DigiCo Infrastructure REIT underwhelms in IPO debut today
What is Project 2025 and its ESG impact?
Project 2025 pushes US reforms, raises climate risks, and could impact Australia’s trade and security.
Analysing Sonic’s $700m German health deal
Morgans analyst Scott Power places his watchful eye on the ASX healthcare sector’s big story this week: Sonic Healthcare’s ~$700 million deal to buy a major German laboratory group.
Raiden drills spinning, results expected soon
While drilling is underway at Target area 7, Raiden also expects to imminently receive results from earlier drilling at Andover South.
Gold catalysts laid bare for 2025
The World Gold Council sees “rangebound” gold prices in 2025 with potential upside after strongest growth in over a decade.
Rio goes all in on lithium
Rio Tinto has reinforced its conviction lithium prices will rebound, pledging US$2.5bn ($3.9bn) to build the 60,000tpa Rincon project in Argentina.
IML fundie believes Hipages is undervalued
As the tradies market embraces digitalisation, Hipages is positioning itself to capitalise and capture the $141 billion local industry.
2025 IPO hopeful tackling global “infant killer”
Slated to list on the ASX next year, Nexsen Biotech has developed a simple device to diagnose the infant killer group B streptococcus.
Net zero goals still need hydrogen
Heavy transport and displacing fossil fuel-derived hydrogen are some of the key areas where clean hydrogen can shine.
Argentine lithium junior drawing major eyes
Pursuit Minerals says its increased resource in Argentina opens the door to significant offtake discussions despite sluggish lithium prices.
Pilbara up on insider buys, Bitcoin surges again
The ASX ended lower on Thursday after a stronger-than-expected jobs report, while Downer EDI and Venti plunged after price-fixing allegations by ACCC.
Aldoro teases niobium discovery
More niobium rich surface samples have punters hoping for something big from Aldoro’s diamond drilling at the Kameelburg project.
ASX rebound scuttled by jobless rate
Despite an initial Wall Street-induced rebound, the ASX has retreated on Thursday after the unemployment rate unexpectedly fell to 3.9pc in November, defying expectations.
What does ‘sensible’ crypto regulation look like?
Eric Trump’s reiteration this week that his father’s administration will bring “sensible regulation” to crypto landed like a lightning bolt in an industry waiting for clarity.
Meteoric Resources’ high-grade rare earths results
Stockhead TV’s Sarah Hughan brings you today’s Break it Down, detailing the Caldeira rare earth ionic clay project in Brazil from Meteoric Resources.
LTR Pharma celebrates online access for ED spray
Stockhead TV’s Sarah Hughan brings you today’s Break it Down, detailing the online healthcare platform to access erectile dysfunction treatment from LTR Pharma.
M&A on the cards as cash slows
Mergers and acquisitions are on the agenda for explorers in 2025, with new figures showing how cash is drying up for small miners.
The first battery metal to rebound
Chinese export controls have thrown graphite back into the spotlight, with experts liking its long term outlook.
How many Carlow Castles can Artemis find?
Artemis Resources is taking inspiration from De Grey’s Hemi, hunting for repeats of its 704,000oz gold equivalent Carlow Castle deposit in the Pilbara.
ASX uranium plays claim unwanted title
Drumroll… uranium play Paladin Energy is the most shorted stock on the ASX, while Boss Energy is second.
Tech stocks dip as traders await US CPI data
ASX tech stocks continued to slide on hump day, while gold rebounded ahead of US CPI data and South32 dropped on Mozambique unrest.
This fundie caught the gold boom early
A pivot to gold miners ahead of this year’s bullion boom has led to positive returns for Stephen Gorenstein at the Ari Fund.
ASX juniors are drilling hard into Xmas
In spite of market challenges, these small-cap resources companies have remained steadfast in their exploration and drilling goals.
Pharma/chemist union turns heads
Morgans healthcare analyst Scott Power had his eyes on Sigma Healthcare this week, which soared after the ACCC approves its merger with Chemist Warehouse.
Silex Systems uranium tech in the draw for US billions
Sarah Hughan unfurls the Silex Systems selection as a uranium enrichment awardee by the US Department of Energy.
Sunshine’s substantial expansion
Sarah Hughan reveals all on a Sunshine Metals upgrade which placed Ravenswood Consolidated as one of Queensland’s larger undeveloped gold and base metals projects.
ASX slips, S32 tumbles amid Mozambique unrest
South32 has dropped on Wednesday on Mozambique unrest, while Chemist Warehouse plans an ASX listing after merging with Sigma.
The race is on for the next blood-cancer drugs
Syntara hopes to emulate the success of Ojjaara, a $2.6 billion home-grown myelofibrosis therapy approved in the US.
Is nuclear energy more eco-friendly than renewables?
Research firm Goehring & Rozencwajg believes nuclear energy trumps the green credentials of renewables thanks to small modular reactors.
Navarre heads back to its roots
$10 million capped Victorian gold explorer Navarre Minerals is getting ready to drill as the revived junior heads back to its roots.
FireFly lights up on copper hit
Steve Parsons’ FireFly Metals was the toast of the town on Tuesday with high-grade copper hits at its Green Bay project in Canada.
ASX pares losses as RBA eases rate-hike tone
The RBA held rates at 4.35pc, with the ASX paring losses as mining stocks rose and tech shares fell after China’s policy shift.
Desert Metals strikes gold at King Kong prospect
Sarah Hughan divulges on Desert Metals’ drilling which confirmed potential to host a significant gold system in the underexplored greenstone of Cote d’Ivoire.
ASX dips as tech slump slows mining rally
The ASX200 has slipped a tad so far on Tuesday, despite a mining rally driven by China’s stimulus signals.
ReNerve’s exclusive Middle East agreement
Sarah Hughan reveals all on ReNerve’s exclusive distribution agreement for sales and marketing across the Middle East.
Some broker love for RAS Tech and Chrysos
RAS Technology has received a ‘buy’ rating with strong growth predicted, while Chrysos could disrupt mining with game-changing tech – according to these brokers.
Opyl launches ‘world’s first’ AI biotech fund
In a claimed world’s first, Opyl is parterning with L39 Capital to launch a fund using robots to select stocks.
Closing Bell: ASX ends Day of the Guzman flat as a tortilla; Terra soars on PGE reef news
The ASX200 has ended Thursday absolutely flat despite a sparkling debut from Guzman Y Gomez.
Rise and Shine: Everything you need to know before the ASX opens
Good morning, and Happy Friday! Here’s everything you need (and some stuff you don’t need) to know before the ASX opens today.
CLOSING BELL: Thursday Jul 4, 2024
Miners rode the iron ore price higher, ASX up 1.19pc at close.
Rise and Shine: Everything you need to know before the ASX opens – 05 Jul 2024
Good morning! Here’s everything you need to know before the ASX opens today.
Could US graphite plays bridge looming supply gap?
The US is looking to its domestic graphite operations, with a forecast of 300 mines and $7.5bn needed to meet demand by 2035.
Election and Fed to drive market this week
The ASX is set to rise, with the upcoming election and Federal Reserve meeting. Amazon and Intel surged after reporting strong earnings.
ASX keeps eyeing fresh highs
The ASX hits a new high and nears 8,500, while oil prices surge amid the Ukraine-Russia conflict.
It’s a slow burn for this skin-regeneration player
Avita Medical’s approved spray-on skin burns treatment has the runs on the board. Now all it has to do is execute commercial rollout and show consistent profitability. Easy, right?
Pursuit Minerals’ achieves 339% resource upgrade
Stockhead TV’s Sarah Hughan brings you today’s Break it Down, detailing the Rio Grande Sur lithium project in Argentina from Pursuit Minerals.
ASX flat as energy sector dips
The ASX finished flat on Monday, suppressed by weakening energy stocks. Meanwhile the Aussie dollar took a dip ahead of the RBA decision.
Break it Down: Infinity Mining
Break it Down investigates another Infinity Mining acquisition as the company continues to retool its portfolio.
Copper stock wins go to Infinity, and beyond!
Infinity shares rocket up on Cangai purchase, while White Cliff is on a heater with large-scale copper finds at Rae.
Dow Jones at record after blowout jobs report
The US added 254,000 jobs in September and unemployment dropped to 4.1%. With the Fed cutting rates, a soft landing looks likely.
Castillo Copper completes Harts Range acquisition
Today’s Break it Down details Castillo Copper’s new niobium, uranium, and heavy rare earths project in the NT.
Tech stocks rally; AZ9 soars 70%, Paladin drops
The ASX closed higher on gains in tech stocks, with Fortescue rising while Paladin Energy plummeted following acquisition warning.
Niobium dreams send Aldoro higher
Aldoro Resources has gained 250% in the past month, with niobium punters itching for drilling results from its Kameelburg project in Namibia.
Variscan Mines increases resource estimate threefold
Break it Down’s Sarah Hughan zooms in on the newly tripled zinc mineral resource estimate from Variscan Mines.
ASX slips as iron ore, energy, and ANZ fall
The ASX 200 has begun in sluggish fashion on Monday after Wall Street’s record high on Friday. ANZ has dipped on CEO news, while energy and iron ore sectors have fallen.
Sonic Healthcare seals $700m German deal
Global pathology and radiology provider Sonic has augmented a recent string of acquisitions with the circa $700 million purchase of a German provider.
How Trump changes landscape for investors
Chris Judd joins Stockhead for a special MoneyTalks on what Donald Trump’s election win could mean for investors.
Javelin looks to emulate Spartan’s golden success
They say the best place to look for gold is next to a mine, so that’s exactly the strategy of microcap explorer Javelin Minerals, writes Kristie Batten.
How the Santa rally keeps giving to the ASX
December brings the ‘Santa rally’, accounting for 29% of Aussie market gains – a smart time to stay invested?
Copper production goal for these companies
Junior companies with the right mix of resources, location and exploration potential are racing towards the line to be the next mid-tier ASX copper producer.
How to pick the next small-cap takeover target
M&A activity is hotting up across the board, with undervalued small to mid-caps stocks offering the best value.
Pay attention to ASX copper sleeper
ASX copper hopeful KGL Resources continues to fly under the radar, but Barry FitzGerald sees plenty of reasons to take a look.
Which ASX medtech soared 70pc this week?
Micro-X’s 70% climb this week proves momentum is returning to the ASX healthcare sector, notes Morgans analyst Scott Power.
Tony’s Takeaway: Summertime stocks
Tony Locantro looks ahead to the Summer of Tony and two stocks rounding the bend into a big finish as he looks ahead to 2025.
Original URL: https://www.news.com.au/finance/business/stockhead/news/page/14