WA Gold miner Regis Resources (ASX:RRL) has joined what could be a growing trend – a weakness in output in the three months to September mitigated by record high prices for the metal. It’s only three so far – one in Africa (Far West African Resources) and two here, including Capricorn Metals (ASX:CMM) earlier in […]
High gold prices cushion Regis’ financials Read More »
Australian shares climbed alongside Wall Street, fueled by expectations of further US interest rate cuts. Miners also gained ground, buoyed by hopes for additional stimulus from China. At 11:35am, the S&P/ASX 200 is 0.53 per cent higher at 8,230.90. Out of the 11 sectors, eight posted gains, with materials and financials leading the way. The
ASX is up 0.5% near noon Read More »
To register for Friday’s webinar click here. Artemis Resources Limited (ASX:ARV) is pleased to announce ground reconnaissance at the Titan prospect in the West Pilbara region of WA continues to deliver high grade gold and silver from assays, highlighting the emergence of a broad mineralised area over the prospect. Shares are trading 15.38 per cent
Stocks of the Hour: Artemis Resources, Voltaic Strategic Resources, Archer Materials Read More »
Companies discussed include: Cooper Energy (ASX:COE)HMC Capital (ASX:HMC)Exxon Mobil Corp (NYSE:XOM)
Analysis of Cooper Energy, HMC Capital, Exxon Mobil Read More »
Stocks climbed for a second consecutive session on Wednesday, with the S&P 500 and Dow Jones Industrial Average reaching record highs as technology shares surged and investors brushed aside geopolitical worries. The S&P 500 rose 0.71 per cent, closing at 5,792.04 after hitting an all-time peak, while the Nasdaq Composite increased by 0.6 per cent
S&P 500 reaches another record high Read More »
Chinese stocks caught up with Hong Kong on Wednesday, falling sharply as the Chinese government’s attempts to convince the world that it was interested in stimulating a moribund economy failed for a second consecutive day. The mainland CSI 300 dropped more than 7%, the Shanghai market lost over 6%, and Hong Kong’s Hang Seng Index
Chinese stocks plummet as stimulus hopes fade Read More »
Having put the NZ economy to sleep, the country’s central bank is now trying to stop it sliding further into a freeze with a 0.5% cut in the official cash rate to back up the August trim of 0.25%. The latest cut puts the official cash rate at 4.75% as the central bank’s monetary policy
Waking the Kiwi economy Read More »
A halfway split would be one way of describing the takeover price Rio Tinto (ASX:RIO) will pay to take control of Arcadium (ASX:LTM). It will cost Rio US$6.7 billion (A$9.9 billion), which is more than the US$4 billion or so the company was trading it before news broke last week of Rio’s interest, but not
Rio takes a shot at Arcadium Read More »
Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses the US election. Key points:The US election has significant potential to impact markets. A Harris victory would mean more of the same, but a Trump victory could lead to uncertainty particularly around trade.Australia would be vulnerable to a rapid intensification of trade
Harris versus Trump – implications for investors and Australia Read More »
Newmont Corporation (ASX:NEM) has made a second major asset sale in a couple of months as it continues to integrate last year’s Newcrest takeover. Unlike the first sale in September of former Newcrest assets in the shape of the Telfer mine in WA and the nearby Havieron prospect, this latest deal involves one of Newmont’s
Newmont sells Ghana gold asset Read More »
