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Askari Metals to advance Tanzanian uranium plans with new sophisticated support
Askari Metals (ASX: AS2) is set to ramp up its Tanzanian uranium strategy after attracting the support of a new single high-net worth sophisticated investor. A binding subscription agreement with Celtic Finance will raise a further $350,000 to support its growth plans, providing the company with further capital to advance its Tanzanian plans. Director Gino […]
Green Critical Minerals starts commissioning of VHD graphite block pilot plant
Green Critical Minerals (ASX: GCM) has commenced commissioning of its very high density (VHD) graphite technology pilot plant in New South Wales. Strategic equipment selection and procurement over the Christmas period accelerated construction of the plant’s Line 1, marking the transition to wet commissioning which will systematically test each production step to output a series […]
Rising state debt threatens Australia’s AAA credit rating amid mounting deficits
Imagine for a minute you are Treasurer Jim Chalmers, responsible for a massive $700 billion Budget and all of a sudden you are facing a dramatic rise in interest payments on Government debt. It would be a shocking concern but the really tough bit to take would be if you had absolutely no control over […]
Retirees losing big money by stalling with pension applications
If you snooze, you lose is one of those sayings that seems to particularly apply to Australians who retire. Many of them assume – often quite wrongly – that there is no way that they will qualify for the age pension while many others put off applying, figuring it will be a waste of time […]
Weekly wrap: Wall Street hammers Aussie shares
The Australian share market copped another tough lesson about the absolute dominance of Wall Street on Friday. All it took was a promised reduction from three to two in the number of future interest rate cuts in 2025 by the Federal Reserve – together with an actual interest rate cut – and Wall Street was […]
5G Networks launches unsolicited on-market takeover bid for AUCyber
AUCyber (ASX: CYB) has told shareholders to take no action after the company received an unsolicited and unconditional on-market takeover bid from 5G Networks (ASX: 5GN). While noting it is still in the early stages of evaluating the offer, the board pointed out that the offer represents a modest 0.9% premium to the most recent […]
Leeuwin Metals acquires Marda gold project in WA from Ramelius Resources
Leeuwin Metals (ASX: LM1) has entered into a binding agreement with Ramelius Resources (ASX: RMS) to acquire 100% of its Marda operations in the Western Australian goldfields. Situated 120 kilometres north of Southern Cross, Marda spans 500 sq km of granted mining, exploration and prospecting leases. The project includes eight open pits and numerous historical […]
Whitebark Energy targets major hydrogen-helium project with King Energy acquisition
Whitebark Energy (ASX: WBE) is on track to acquire one of Australia’s largest potential hydrogen and helium projects after signing an agreement with unlisted public company King Energy. Under the implementation agreement, Whitebark will acquire all the issued securities of King Energy by way of separate off-market offers. Executive director Mark Lindh said the deal […]
Rapid Lithium expands North American critical minerals portfolio with Canadian acquisition
Rapid Lithium (ASX: RLL) is looking to take advantage of recent Chinese market manoeuvres by adding to its North American critical minerals portfolio with a range of claims in Canada. Under the term sheet of the proposed deal, Rapid Lithium and Broadstone Resources are aiming to conclude formal agreements covering the Prophet River gallium-germanium project […]
Lower dividends loom for ASX investors as record share prices redefine yields
Like two sides of the same coin, Australian share market investors need to look forward to lower dividends in the year to come or for a significant pullback from current record share prices. Should share prices hold at higher levels then it is simple arithmetic that for any given new dollar invested the dividend yield […]
Patriot Battery Metals cements key lithium supplier role with Volkswagen partnership
Hard-rock lithium exploration company Patriot Battery Metals (ASX: PMT) has received a significant boost to its international ambitions with global motoring powerhouse Volkswagen agreeing to take a strategic stake in the company. Volkswagen Finance Luxembourg will invest approximately $77 million to acquire 9.9% of Patriot’s issued and outstanding common shares. The two companies have also […]
Sipa Resources expands portfolio with four strategic gold asset acquisitions in SA and WA
Sipa Resources (ASX: SRI) has made a strategic move with the proposed acquisition of four advanced gold exploration projects in South Australia and Western Australia. Under binding heads of agreement, Sipa will acquire gold deposits totalling nearly a million ounces as well as associated infrastructure. To help fund the deal, Sipa is raising $1.75 million […]
Syrah Resources joins US lobby group calling for investigation into Chinese graphite price tactics
Syrah Resources (ASX: SYR) has joined a lobby group of North American miners to petition the US Department of Commerce and International Trade Commission over China’s alleged “price dumping” of graphite products. The US trade group of American Active Anode Material Producers has filed a 14,000-page petition with two federal agencies alleging China, through lucrative […]