US markets fell lower over the weekend, with the Federal Reserve’s continual rising of interest rates adding to fears that a recession is coming. In the latest Twitter saga, Elon Musk has asked users to vote on whether he should step down or not, stating “I will abide by the results of the poll.” This […]
US recession fears: ASX down 0.2% at noon Read More »
BBX Minerals (ASX:BBX) has announced that there Bioleaching test work has continued to show excellent results, with the pilot plant testing to begin shortly. The goal of this investigative test work was to demonstrate how the Três Estados complex mineralisation responds to EcoBiome’s patent pending microbial technology. BBX’s Technical Manager Edmar Medeiros said: “After the
Stocks of the Hour: BBX Minerals, PolarX, Sezzle Read More »
The price of oil has opened higher to start the week after China has pledged to abandon their zero-COVID policy and the US has stated that it will begin replenishing its emergency oil stockpile, giving domestic crude producers access to drill more wells. BHP (ASX:BHP) closed 0.7 per cent higher, whilst Woodside Petroleum (ASX:WDS) closed
Oil advances whilst the ASX finishes lower: Aus shares down 0.21% Read More »
Stocks fell Monday as recession fears mounted and investors worried time is running out for a year-end rally. The Federal Reserve, European Central Bank and the Bank of England each pushed interest rates higher by ½ of 1 percent last week, a step down in the previous pace of increases. However, they stood firm on
Markets fall on recession fears as Musk votes himself out of Twitter Read More »
More focus on Warren Buffett after his Berkshire Hathaway revealed the second surprise sale of shares this week in China’s most successful electric vehicle company – the former battery maker BYD. The first sale, revealed last Tuesday raised eyebrows even though it was worth just $US47 million in a portfolio valued at more than $US300
Berkshire further lightens BYD Holding Read More »
A major upgrade of the already rich Bowdens silver, lead, zinc and gold prospect in NSW now looks on the cards after Silver Mines Ltd (ASX:SVL) revealed a significant new discovery in an ASX filing on Monday. The Bowdens prospect is already the subject of a plan by Silver Mines to spend more than $250
Bowdens mine ringing silver bells Read More »
The global mining industry can breathe more easily for the time being after Chile decisively rejected a new constitution that a majority of voters had decided was too radical. In overwhelmingly rejecting the proposed new constitution, Chilean voters also rejected President Gabriel Boric and his arguments that change would have ushered in a new area
Chile No vote gives miners some time to regroup Read More »
Kinetiko Energy Limited (ASX:KKO) CEO Nick de Blocq discusses the South African energy market and the role of gas in the clean energy transition. Tim McGowen: We’re talking today with Kinetiko Energy (ASX:KKO), which is an Australian gas explorer focused on advanced shallow conventional gas and coalbed methane opportunities in the rapidly developing markets in
The demand for gas in South Africa Read More »
European equity markets finished lower on Monday, but off to the worst levels. US equity futures higher with US markets closed for the Labour Day holiday today. In Australia today, we have the RBA announcement at 2.30pm with the RBA expected to raise the cash rate by another 50 bp to 2.35 per cent. Economists
Coal the star performer as energy crisis worsens in Europe Read More »
Coal, one of our biggest commodity exports, has surged to record levels as a result of the energy crisis, with the price of Newcastle coal soaring to all-time highs as miners cash in amongst a deepening energy crisis in Europe. The price of thermal coal rose to a new high recently with Newcastle futures trading
Stocks of the Hour: Coal & lithium stocks, ABX Group Read More »
