Perseus secures OreCorp amid Silvercorp’s retreat: A shift in East African gold mining
Perseus outbids Silvercorp for OreCorp, strengthening its foothold in East African gold mining.
Read MorePerseus outbids Silvercorp for OreCorp, strengthening its foothold in East African gold mining.
Read MoreMcGrath Real Estate's staggering share price decline from $2.10 to 60 cents, revealing a tumultuous journey in Sydney's property market.
Read MoreFletcher Building undergoes leadership shift as Ross Taylor steps down, replaced by Nick Traber in interim role, amidst ongoing CEO search.
Read MoreExplore the shifting landscape of tech titans: Apple's decline, Microsoft's rise, and Tesla's tumultuous journey, revealing market dynamics and industry trends.
Read MoreFollow Wall Street's pursuit of the 40,000 Dow milestone amidst record-setting sessions, with eyes on global markets and pivotal economic indicators.
Read MoreStar Group's abrupt CEO and top executives depart amidst regulatory pressures, causing market turbulence and speculation.
Read MoreWhile iron ore prices bounced back last week from their multi-month lows the week before, Australian coking coal pricing took a real hammering on the SGX commodities platform in Singapore.
Read MoreGenesis Minerals (ASX:GMD) has revealed its long awaited five-year plan three days after saying it would be launched on Monday.
Read MoreTesla has reportedly reduced production of electric vehicles (EVs) at its huge Shanghai factory in China because of intense competition and weak sales.
Read MoreInflation will continue to dominate market thinking, and with it the prospect of the timing of rate cuts in the run up to the long Easter break and a shortened trading week.
Read MoreGold prices fell off from a record high on Friday as the US dollar rose to a month high in the wake of the Fed’s three rate cut reveal and the surprise rate cut by the Swiss National Bank.
Read MoreGlobal oil prices settled lower Friday for a third day in a row as the US dollar rose to the highest level in more than a month in the wake of the move by the Fed to pencil in three possible rate cuts this year, dovish remarks from the Bank of England and the surprise rate cut from the Swiss National Bank.
Read MoreChinese shares have slumped, as has the Hong Kong market. Also, the Chinese currency has slumped and has had to be supported by government banks. A surprise interest rate cut by the Swiss National Bank has pressured markets.
Read MoreThree per cent looks like the new normal for US interest rates after this week’s Fed meeting with its new forecasts and the updated dot plot.
Read MoreA case of fool’s gold for gold bugs as the spot price finally topped US$2,200 an ounce on trading on Thursday, a day after the Fed indicated it would push to cut interest rates this year — but not just yet.
Read MoreThe US Justice Department sued Apple in an antitrust case, claiming that the iPhone maker has a monopoly over the phone market that has harmed consumers, developers, and rival companies.
Read MoreThe Australian jobs market is stronger than all those commentators, economists and experts thought a month ago when the January labour force report from the Australian Bureau of Statistics showed a second month of weak data after December’s surprise.
Read MoreWA has three, the Northern Territory has one, now NSW could have a rare earths project all of its own. For that we can thank the US government.
Read MoreThe usual one cent a share lift in Brickworks' (ASX:BKW) interim dividend tells us the statutory and underlying losses for the six months to January 31 were just all numbers and accounting moves.
Read MoreNew Zealand's Fonterra Co-operative Group and its farmers and cows have had a great six months to the end of last December with a 23% lift in earnings..
Read MoreThe US Federal Reserve continues to maintain that it will cut rates three time by the end of the year after leaving the Rederal Funds rate unchanged at its 23 year high at its March meeting.
Read MoreExxon Mobil says it has made a new oil and gas discovery in the prolific Stabroek block offshore Guyana which is the hottest prospect globally for the oil and gas industry.
Read MoreEast African gold miner Perseus Mining (ASX:PRU) has lifted its mooted offer for OreCorp in a conditional off-market proposal revealed on Wednesday and snagged the support from two major shareholders in the target company.
Read MoreA telling contrast from the central banks of Japan and China – one put rates up, one left them at record lows – decisions that reflected the economic realities of both economies.
Read MoreDamage caused by this week’s cyclone in the Gulf of Carpentaria has seen South32 (ASX:S32) withdraw its 20 June 2024 production guidance for its Australian manganese business on Groote Eylandt.
Read MoreTime for gold miner, Genesis Minerals (ASX:GMD) to put up and show the market that it does have a viable growth plan for the next five years, as it has been promising for quite a while.
Read MoreUnlike Australia, which didn’t get a rate rise or cut on Tuesday, the Bank of Japan (BoJ) has given that country what amounts to the first rate rise in 17 years.
Read MoreNo rate cut from the RBA on Tuesday and no increase as well — the cash rate remains at 4.35 per cent for as long as the central bank thinks it is needed to cool inflation.
Read MoreA day after the placement and substantial shareholding notice showing a 19.9 per cent stake emerged from Fortescue (ASX:FMG), Magmatic Resources (ASX:MAG) has given the market the first indication of where it will use the millions of dollars from the deal.
Read MoreAs forecast, after a mixed first half production and pricing report, coal miner New Hope Corporation (ASX:NHC) suffered a 62.4 per cent drop in its first-half profit, hurt by a sharp decline in worldwide coal prices.
Read MoreKerry Stokes’ Seven Group Holdings (ASX:SVW), hoping for an easy mop-up bid for the rest of Boral (ASX:BLD), has hit heavy going with the target company telling shareholders on Tuesday to reject the offer.
Read MoreKiwi-based sportswear retailer KMD Brands (ASX:KMD) has confirmed the weak guidance issued a month ago for a slump in sales and a big loss for the half year to the end of January.
Read MoreA slightly better than expected performance by China’s steel industry in January and February and more positive data on industrial production for the same period, saw iron ore prices bounce back over the $US100 a tonne level in Singapore on Monday.
Read MoreIf anything, China’s economy struggled to maintain momentum in January-February, despite a return to consumer price inflation (not deflation), stronger imports and exports and rises in new urban investment and industrial production.
Read MoreUS Treasury bond yields rose on Monday afternoon as bets for a June rate from the Fed dipped below 50%.
Read MoreChina's property crackdown has started with reports on Monday night that the government has accused broken giant, Evergrande of what amounts to an US$80 billion fraud.
Read MoreIron ore prices exhibited a volatile swing, hovering close to $US100 a tonne, against the backdrop of imminent data from China that could potentially unveil further frailty within its expansive steel sector.
Read MoreChina's economic performance in the initial months of the year has surpassed expectations, as indicated by recent data released by the National Bureau of Statistics.
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