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Market wrap: volatility the key in pre-election trading
A solid advance after a thumping fall on Thursday saw the Australian share market move back close to its record high but is a million miles away from where it was just a few days ago. As the US election race revs up onto a serious contest there has also been a rapid and market […]
E79 Gold’s maiden Mountain Home sampling program yields outstanding copper and gold results
E79 Gold Mines (ASX: E79) has emerged from a trading halt with the release of outstanding copper and gold values from a maiden sampling mission at its Mountain Home project in the Northern Territory. The company has received exceptionally high-grade copper assays from selective rock chip sampling, with 7 of the 15 rock chips returning […]
Cyprium Metals partners with Glencore to revive Nifty copper project in WA
Cyprium Metals (ASX: CYM) has attracted one of the world’s largest globally-diversified natural resource companies to help resurrect its Nifty copper project. In a major breakthrough, Cyprium has entered into a commercial strategic partnership with Glencore International to accelerate the resumption of copper production at Nifty. The Nifty complex is located near Port Hedland in […]
Aurum Resources to ramp up drilling at Boundiali gold project following successful quarter
Aurum Resources (ASX: AUE) is preparing to further accelerate drilling activities at its 80%-owned Boundiali gold project in Côte d’Ivoire after another successful quarter. Releasing its June quarterly report, the company informed shareholders it is on target to have six rigs in the field next month as it continues to expand its knowledge of Boundiali’s […]
Australia’s critical minerals key to regional and global security, says Resources Minister Madeleine King
Federal Resources Minister Madeleine King has told a defence conference that Australia’s critical minerals are vital for regional and global security. The minister addressed an auditorium packed with defence officials at the Indian Ocean Defence and Security 2024 conference. Those in attendance included Deputy Prime Minister and Defence Minister Richard Marles, Minister for Defence Personnel […]
Tissue Repair’s TR Pro+ wound healing gel set for wider distribution after TGA approval
Clinical-stage biopharmaceutical company Tissue Repair (ASX: TRP) has secured approval from the Therapeutic Goods Administration (TGA) for its TR Pro+ cosmeceutical topical wound-healing gel. The approval recognises the product as an Australian listed medicine for sale in 10-gram and 50g tubes, as well as 3g sachets. The listing will enable Tissue Repair to more broadly […]
Pure Resources secures funding for acquisition of Reedy Creek high-grade garnet project
Pure Resources (ASX: PR1) has come out of a trading halt after announcing a capital raising to support the acquisition of a high-grade, hard rock garnet project in Western Australia. The company has successfully raised $350,000 to acquire the Reedy Creek garnet project located 90 kilometres north of Halls Creek in WA’s far north. The […]
Gold Mountain reports strong LCT pegmatite assays from Salinas II project
Gold Mountain (ASX: GMN) has reported strongly anomalous lithium-caesium-tantalum (LCT) pegmatite assays from the Agua Boa and Bananal Valley tenements at its Salinas II project in eastern Brazil. The assays were returned from a batch of 55 stream sediment samples collected from an area along regional strike from the Collina lithium deposit owned by Latin […]
Barton Gold completes major drilling program at Tarcoola project
Barton Gold (ASX: BGD) (OTCQB: BGDFF) has finalised a drilling program to test multiple targets near the Perseverance open-pit mine at its Tarcoola gold project in South Australia, completing 9,052 metres of reverse circulation work over a 44-day period. Barton drilled 26 holes into the pit floor in December and April to confirm high-grade extensions […]
Elevate Uranium ramps up drilling operations across three key Namibian projects
Elevate Uranium (ASX: EL8) has stepped up activity at its Namibian operations, with five drilling rigs now active across its three uranium projects. It has also increased its metallurgical assessments, with 6 tonnes of ore samples collected from its flagship Koppies project on their way to Perth for a test work program utilising the company’s […]
iTech Minerals set to double Reynolds Range landholding with new tenement application
iTech Minerals (ASX: ITM) has applied for a new tenement at its Reynolds Range copper-gold project in the Northern Territory. The application is adjacent to the three tenements being acquired from Prodigy Gold (ASX: PRX) which have returned strong gold, copper-gold-silver and lithium rock chip samples from the Sabre and Scimitar prospects and the GMF […]
Tax cuts should signal the beginning, not the end, of tax reform
There seems to be a worrying political complacency about tax reform at the moment. While there might be some political differences around the composition of the tax cuts that were delivered at the start of the month, there seems to be uniformity in the fact that the task is now done. Certainly, there have been […]
World’s largest crypto event TOKEN2049 to showcase latest in blockchain technology during F1 week in Singapore
TOKEN2049, the world’s largest crypto event, is gearing up for its most ambitious edition yet in Singapore this year. The event is set to welcome 20,000 attendees from over 150 countries, making it the largest gathering in the Web3 space. Taking place at Marina Bay Sands ahead of the Formula 1 Singapore Grand Prix 2024 […]