Talon Energy lights up Gurvantes XXXV CSG Project
Talon Energy Ltd. (ASX:TPD) recently announced a significant milestone in its Gurvantes XXXV Coal Seam Gas (CSG) Project in the South Gobi Basin of Mongolia.
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Feature Articles that included our Weekly Wrap.
Australia’s green energy push: Nuclear rejected, renewables embraced
Australia's Minister for Climate Change and Energy, Chris Bowen, has reaffirmed that nuclear energy will not be part of the country's energy mix, citing the abundance of renewable energy sources as the primary reason for the decision.
Read MoreTrigg Minerals progresses SOP processing technology
Trigg Minerals (ASX:TMG), an Australian potash explorer, has released its Quarterly Activities Report for the period ending 30 June 2023, highlighting significant developments in its Lake Throssell Sulphate of Potash Project in Western Australia and corporate restructuring measures.
Read MoreAmerica’s only cobalt mine faces challenges in China-dominated market
In the rugged Idaho wilderness, at an elevation of approximately 8,000 feet, an ambitious cobalt mine, decades in the making, reveals the hurdles America's clean-energy ambitions confront in a market dominated by China.
Read MoreTesla shares dive as Musk warns of further price reductions
21 Jul 2023 – The recent disclosure by Tesla's CEO, Elon Musk, regarding potential further price cuts triggered a near 10% nosedive in the company's shares to $US262.90.
Read MoreReal estate gap causes concerns
20 Jul 2023 – Australia's largest landlords have recently downgraded the values of their office block portfolios, but investors are seeking deeper discounts amid a significant gap between public and private valuations.
Read MoreDragonfly Biosciences sprouts wings for ASX IPO
20 Jul 2023 – Dragonfly Biosciences Limited, a prominent UK-based producer of cannabidiol supplements and lotions, is making strides towards its IPO on the ASX next month.
Read MoreSeven key charts for investors to keep an eye on — where are they now?
20 Jul 2023 – Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses seven key charts.
Read MoreGolden Horse Minerals is tapping a 12 million-ounce WA gold province that time forgot
20 Jul 2023 – Altan Rio Minerals works on the simple ethos that ‘the best place to find a gold mine is next to a gold mine’.
Read MoreAre there ways to combat inflation other than by raising interest rates?
18 Jul 2023 – Dr Shane Oliver, Chief Economist at AMP, discusses the impact of interest rates and alternatives for fighting inflation.
Read MoreAudeara’s sound success: Record revenue and global expansion
19 Jul 2023 – Audeara Ltd (ASX: AUA) announced its impressive financial growth and international expansion in its Q4 FY23 Quarterly Activities Report. The Australian-based company, known for its innovative listening solutions for individuals with hearing challenges, achieved record-breaking quarterly revenue and made significant progress in expanding its global presence.
Read MoreRenewable energy fast-track needed to prevent Aussie power price surge
19 Jul 2023 – Australia must accelerate the development of renewable energy generation projects or face a significant increase in electricity prices for households and businesses, according to Guy Debelle, former deputy governor of the Reserve Bank.
Read MoreAnsell stocks plummet amid glove glut and earnings warning
18 Jul 2023 – Renowned gloves maker Ansell (ASX:ANN) has issued another warning about an earnings slowdown, attributing it to a surplus of unsold products resulting from the COVID-19 pandemic.
Read MoreLendlease to slash workforce by 10% in efforts to streamline operations
18 Jul 2023 – Shares of Lendlease, the renowned property group, tumbled just under 5% following the company's announcement to cut 10% of its global workforce, with the most significant reductions expected in offshore markets.
Read MorePlunging US inflation, Bullock for next RBA Gov, Gov Lowe’s legacy, RBA near top, BoE model risks
17 Jul 2023 – Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses developments in investment markets over the past week, economic activity trackers, major global economic events and Australia economic events.
Read MoreDirect lithium extraction: The companies at play (part 2/2)
14 Jul 2023 – In the previous article, Direct lithium extraction: a potential solution to the lithium supply crisis (Part 1/2), we outlined what direct lithium extraction (DLE) is, how it works, and how it can alleviate a potential supply crisis.
Read MoreLeo Lithium strikes $520 million deal for Mali Mining Operations
14 Jul 2023 – Leo Lithium (ASX:LLL) has finalised a significant agreement worth $520 million with a prominent African mining service firm, Corica, to advance its lithium project in Mali, a West-African nation.
Read MoreWork-from-home trend threatens obsolescence for old commercial buildings
14 Jul 2023 – The ongoing work-from-home trend is prompting commercial landlords and tenants to reassess their needs, potentially rendering some buildings obsolete.
Read MoreBusiness and consumer sentiment improvement
13 Jul 2023 – Consumer sentiment in Australia showed a modest improvement in July, according to the Westpac-Melbourne Institute survey.
Read MoreOrigin secures $70m grant for Hunter Valley Hydrogen
13 Jul 2023 – Origin Energy (ASX:ORG) is set to receive $70 million in funding from the Federal Government for its proposed Hunter Valley Hydrogen Hub partnership with Orica (ASX:ORI).
Read MoreSummary of presentations from the Sydney Investment Management Conference
13 Jul 2023 – The Future of Investment Management Conference brought together industry experts to discuss Australia's economic outlook.
Read MoreGolden showdown: St Barbara’s cash pile attracts predators in the resources sector
13 Jul 2023 – St Barbara (ASX:SBM) looks like a very attractive cash pile that could be snapped up by any one of a handful of predators in the WA resources sector in the wake of the reshuffle of its Leonora gold mining assets with Genesis Minerals.
Read MoreBuffett bets big: LNG takes the spotlight in Berkshire’s energy portfolio
12 Jul 2023 – Warren Buffett isn't concerned about the future of gas, particularly LNG. This week, the billionaire investor delved further into the energy sector as Berkshire Hathaway assumed control of a US export facility for Liquified Natural Gas (LNG) by purchasing a 50% non-controlling limited partner interest in Cove Point LNG in the state of Maryland for $US3.5 billion in cash.
Read MoreAustralia faces $1.5 trillion challenge to achieve 2050 green targets
12 Jul 2023 – Australia faces the monumental task of securing $1.5 trillion by the end of the decade to meet its ambitious 2050 green targets, requiring an effort on par with Europe's post-World War II reconstruction, according to the findings of expert group Net Zero Australia.
Read MoreAndrew “Twiggy” Forrest establishes battery hub in US
11 Jul 2023 – Mining tycoon Andrew Forrest is making strides in establishing a battery manufacturing hub in the United States, aligning with Fortescue Future Industries' strategic vision to leverage President Joe Biden's $550 billion Inflation Reduction Act.
Read MoreDreamworld owner Ardent Leisure thrills with 70% jump in full-year revenue
10 Jul 2023 – Ardent Leisure Group Limited (ASX: ALG) has provided a preliminary unaudited trading update for the financial year ending on 27 June 2023, highlighting the continued growth and success of its Theme Parks & Attractions business.
Read MoreTwitter rival Threads amasses 10 million users in 7 hours
07 Jul 2023 – The remarkable growth showcases the power of Meta's existing scale and distribution, along with the demand for an alternative to Twitter.
Read MoreStrap in: Birkenstock considers $9bn IPO
07 Jul 2023 – An IPO under consideration could value Birkenstock at a staggering $9 billion or more.
Read MoreUN calls for massive investment in clean energy
06 Jul 2023 – The United Nations has called for substantial investment in clean energy in developing countries, highlighting the crucial role it plays in achieving global climate goals by 2030.
Read MoreLithium exports to decline as global production meets EV demand
06 Jul 2023 – The value of Australia's lithium exports is expected to decrease after reaching a record $19.5 billion last year, as global production catches up with the surging demand for electric vehicles.
Read MoreWyloo Metals makes bold bet on clean nickel
05 Jul 2023 – Wyloo Metals has finalised its $760 million takeover of Mincor Resources to secure its position in the global nickel supply chain.
Read MorePatriot Battery Metals makes testwork advancements
05 Jul 2023 – Patriot Battery Metals Inc has announced significant advancements in its preliminary Heavy Liquid Separation testwork.
Read MoreEureka! Valuation uplift signals impressive growth
05 Jul 2023 – Eureka Group Holdings has provided a positive update on its expected financial performance for the fiscal year ending 30 June 2023.
Read MoreChina implements export restrictions on key minerals
04 Jul 2023 – Ahead of economic talks between China and the US, Beijing has imposed export restrictions on two minerals that are crucial for the production of semiconductors, missile systems, and solar cells.
Read MoreMeta to challenge Twitter
04 Jul 2023 – In a bid to challenge Twitter's dominance in social media, Meta Platforms will release a new microblogging app called Threads.
Read MoreAustralian home prices up in June for the fourth month in a row – but how sustainable is it?
03 Jul 2023 – Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses home prices.
Read MoreAust renewable exports to outshine coal
03 Jul 2023 – By 2025, the export earnings from key battery and renewable commodities are expected to surpass those from thermal coal, according to the Department of Industry.
Read MoreAurora Metals collapses
03 Jul 2023 – Aurora Metals has collapsed into administration, thrusting its north Queensland mines under uncertainty for the fifth time in just over a decade.
Read MoreGoldman Sachs slips from M&A throne
30 Jun 2023 – Goldman Sachs Group has experienced a significant shift in its ranking as the leading mergers and acquisitions adviser globally. For the first time in five years, Goldman Sachs has lost its top position to JPMorgan Chase & Co. According to Bloomberg data, JPMorgan now holds the coveted No. 1 spot, boasting a 22.5% market share with credits on $284 billion worth of deals. Meanwhile, Goldman Sachs has slipped to second place, securing an 18.8% market share with its involvement in $237 billion worth of transactions.
Read MoreHarvey Norman forecasts profit slump amid impending retail recession
28 Jun 2023 – Retailer Harvey Norman has issued a warning, stating that it expects a significant decline in earnings for 2023. The company's chairman, billionaire Gerry Harvey, attributes this forecasted drop to the series of interest rate hikes implemented by the Reserve Bank, which has negatively impacted business and consumer sales.
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