The turmoil led to significant losses, with various indexes experiencing their worst performance in months. This marked the steepest three day percentage declines for these US indexes since June 2022. The widespread market downturn began as concerns over a US recession intensified following a series of economic data releases that suggested weakening economic conditions. Investors...
Category: investingnews
Mining to Commence at Phillips Find
HIGHLIGHTS Commenting on the JV agreement, Managing Director and CEO Mr Grant Haywood said:1 “We are pleased to have partnered up with BML Ventures, who have a proven track record of delivering projects in the eastern goldfields of Western Australia. BML will be managing and sole funding the Phillips Find JV which greatly derisks the...
Velox Announces ASX Dual Listing, Gets Vanadium Project Support from Queensland Government
The vanadium-focused company also said it has secured a “cornerstone investment” commitment from the QIC Critical Minerals and Battery Technology Fund, which is managed and administered by QIC. “With our flagship North Queensland Vanadium Project (NQVP) and Kotai Hydrogen Project both based in Australia, it is logical that we would seek to gain further exposure...
Thick Dy & Tb REE results in NW Block of Deep Leads
High Dy+Tb enrichment: ABx’s rare earth strategy is to produce a mixed rare earth carbonate (MREC) that is enriched in dysprosium (Dy) and terbium (Tb), the two heavy rare earths with the highest supply risk. The Dy+Tb exceeds 4.3% of Deep Leads’ total rare earth oxides (TREO), which is the highest proportion of Dy and...
Aurum to Advance Metallurgical Studies for Boundiali Gold Project
This appointment marks the commencement of scoping study of the Boundiali Gold Project’s potential future development. MIM’s appointment involves both an initial metallurgical testwork scope and possible ongoing works to PFS and definitive feasibility study (DFS) levels. At the current Scoping level, MIM will: ALS Perth will undertake Comminution Tests and Cyanide Leach Testwork. Managing...
Altech – Entitlement Offer & Share Placement to Advance Battery Projects
Highlights Capital Raising The Capital Raising comprises: It is proposed that the Shares under the Placement will be issued on 14 August 2024 and will be issued out of the Company’s available capacity under Listing Rules 7.1. The Options under the Placement will need to be applied for pursuant to the Entitlement Offer Prospectus. Full...
Placement of Shortfall from Rights Issue
Under the terms of the Offer Issue as outlined in section 1.11 of the Rights Issue Offer Document, the Directors allocated the Shortfall at their discretion to various parties who previously expressed potential interest in taking up the Shortfall. Tempest welcomes the new shareholders and is excited to further progress our exploration at our Western...
Key Leadership Appointments
Appointment of Mr. Mo Yang as Chairman and CEO Avenira is pleased to announce the appointment of Mr. Mo Yang as Chairman and Chief Executive Officer (CEO). Mr. Yang brings extensive experience in strategy, business performance and funding that aligns with Avenira’s objectives in developing the Yellow Phosphorous project at Wonarah. Mr. Yang holds a...
How is the S&P/TSX Composite Index Weighted? (Updated 2024)
The index, which was launched in 1977, includes both common stocks and income trust units. The S&P/TSX Composite Index is reviewed each quarter; at that time, additions or removals can be made. To be eligible for addition, the company needs to be incorporated, formed or established in Canada and must have traded on the TSX...
Altech Batteries Limited (ASX: ATC) – Reinstatement to Quotation
Description Issued by ASX Compliance source