New Hope Corporation Ltd
Weekly Wrap: Strong Week Despite Late Fade
ASX up 4.4% for the week; strongest since Oct 2022, despite Friday fade. Magellan-Barrenjoey merger approved; Telix jumps on US regulator nod; Iran talks ahead.
Australia’s major banks raise rates, Flight Centre reopens 35 stores and Perpetual rejects $1.7b takeover
Australia’s four major banks, Commonwealth Bank (ASX: CBA), National Australia Bank (ASX: NAB), Australia and New Zealand Banking Group (ASX: ANZ), and Westpac (ASX: WBC) have announced increases to home loan rates by 25 basis points this month. The move follows the Reserve Bank of Australia’s hike, seventh in as many months, which raised the […]
Chalice extends Julimar exploration, New Hope receives grants and Incitec Pivot appoints CEO of fertilisers business
Chalice Mining (ASX: CHN) has issued an update on its exploration activities at the Julimar nickel-copper-platinum group elements (PGE) project in Western Australia, confirming an extension will take place after a recent breakthrough. The mining company said it is “considering securing a strategic minority joint venture partner to assist in developing a potential mine at […]
What does coal’s lesson mean for other commodities?
Investors can learn a lot from coal even if they find it an ethically unacceptable asset with coal’s soaring price a guide to what might happen to other, cleaner, commodities suffering from a lack of new development. The first coal lesson calls for a brief trip back in time to last November when Small Caps […]