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Weekly wrap: volatility rules as tariff chaos unfolds
After one of the most eventful and volatile weeks since the GFC, the Australian share market limped home to record a 0.8% loss on Friday. Such a 63.1-point fall to 7646.5 points would normally be regarded as a volatile day but it was nothing compared to the massive falls of last week and the incredible […]
IEA warns of surging energy needs as AI transforms global power landscape
The International Energy Agency (IEA) has forecast that artificial intelligence (AI) has the potential to transform the energy sector in the coming decade by driving a surge in electricity demand from data centres around the world. In a major new report released today, the IEA said the technology also has the potential to unlock significant […]
Jade Gas advances Red Lake development in Mongolia with second successful well
Jade Gas (ASX: JGH) remains on target to fast-track development of its Red Lake gas field in the South Gobi region of Mongolia after further drilling success. Jade has identified a high-value gas opportunity in Mongolia and is on track to quickly supply local buyers from what it considers a world-class asset. The Red Lake […]
OpenLearning acquires ECA’s Employability Advantage assets to boost work-readiness offerings
OpenLearning (ASX: OLL) is planning to add digital work-readiness content and experiential learning programs in a deal with the Education Centre of Australia (ECA) group to acquire its Employability Advantage business and associated assets. The two parties have agreed to place a total consideration of $1 for the deal on the basis that Employability Advantage […]
Kinatico posts $4m SaaS revenue as ComplianceX workflow platform launches
Workforce compliance solutions provider Kinatico (ASX: KYP) has reported software-as-a-service (SaaS) revenue of $4 million for the three months to the end of March. The figure represents a 60% jump on the previous corresponding period and accounts for almost 50% of the total revenue for the quarter, which came in at $8.1m. The positive financials […]
4DMedical analytical software to be used by industry partners to help advance new lung disease therapies
4DMedical (ASX: 4DX) will lend its ground-breaking analytical software to two industry partners working to bring new lung disease therapies to market. US-based SMS Biotech will use the company’s suite of software tools for a trial of its novel human stem cell therapy for the treatment of chronic obstructive pulmonary disease (COPD) and an undisclosed […]
Nanoveu expands US team with appointment of deep tech executive to accelerate semiconductor growth
Singapore-based Nanoveu (ASX: NVU) has expanded its US team with the appointment of deep technology expert Scott Smyser to the role of vice president (sales and marketing) of its semiconductor technologies division. Mr Smyser is an accomplished commercial executive with over 25 years’ experience in leading business development, sales and go-to-market strategies across the semiconductor, […]
Boss Energy continues to generate strong uranium output as Honeymoon and Alta Mesa ramp up
Boss Energy (ASX: BOE) continues to make excellent progress on its global uranium development strategy, with its Honeymoon project in Australia and Alta Mesa asset in Texas leading the way. With $252 million in cash and liquid assets and no debt, Boss is well placed to further support the ramping-up of production at Honeymoon and […]
Mont Royal and Canada’s Commerce Resources propose merger to form dual-listed critical minerals developer
Mont Royal Resources (ASX: MRZ) and Toronto-listed Commerce Resources (TSXV: CCE) are confident they can attract increased investor interest in their rare earth element (REE) assets through a proposed merger. The two companies have agreed to a transaction that will see Mont Royal acquire 100% of the issued and outstanding common shares of Commerce. Mont […]
Patriot Battery Metals uncovers high-grade caesium in James Bay’s CV13 pegmatite zone
Patriot Battery Metals (ASX: PMT) has added high-value caesium to its growing Canadian critical minerals resource with wide, high-grade drill intercepts at the CV13 pegmatite zone in the James Bay region of Quebec. Patriot has already identified world-class lithium resources in James Bay and, with the lithium market still down, has expanded its search for […]
Golden Horse Minerals delivers high-grade assays from drilling below historical open pit at Hopes Hill
Golden Horse Minerals (ASX: GHM) has delivered wide and high-grade intersections with drilling at the Hopes Hill gold project in Western Australia. The newly-listed company commenced a reverse circulation campaign this year at the project — which it acquired in December from Emerald Resources (ASX: EMR) — to target shallow high-grade mineralisation at the central […]
Future Metals secures strategic agreement and cornerstone investment from Zeta Resources for Savannah processing plant
Future Metals (ASX: FME) has agreed to a strategic infrastructure contract and cornerstone investment from Zeta Resources that will see Zeta acquire a 9.99% equity interest in the company. The infrastructure agreement will allow Future the right to assess the potential use of the mothballed Savannah plant in Western Australia’s East Kimberley region to process […]
Blue Star Helium strikes gas at Jackson 29 well as Galactica drilling success continues
Blue Star Helium (ASX: BNL) has hit gas in its Jackson 29 development well at the Galactica helium project in Colorado and has now sent samples to a local laboratory to be assessed. Precedence Research has estimated that the North American market – which is likely to face supply shortages in the near future – […]