Category: investingnews

Description Issued by ASX Compliance source

Highlights McLaren VHMS Project (E69/2388 and E69/2386) comprises 333km2, located on the western side of the Eucla Basin, adjacent to the Fraser Range in Western Australia (Figure 1). McLaren is an advanced-stage exploration project with an indicated and inferred Mineral Resource estimate of 280Mt @ 4.8% Heavy Mineral for 13.5Mt in-situ HM completed in 2022....

The webinar will be hosted by Cardiex’s CEO Craig Cooper who will be joined by Niall Cairns (Executive Chairman), Catherine Liao (Chief Strategy Officer), Mark Gorelick (Chief Product Officer), Brian Schaechter (Senior Director of Sales – Pharmaceutical), and Rosemarie Diehl (Senior Director of Demand Generation), who will be providing an update on the Company’s business,...

The company achieved net income of US$472 million, or US$0.95 per share, up 46 percent from the previous year. Its adjusted net income came to US$535.3 million, or US$1.07 per share — a new record. Free cashflow also saw significant growth, marking the third consecutive quarter of record performance. “We continue to deliver strong and...

The company’s Q2 gold production came to 251,000 ounces at an all-in sustaining cost (AISC) of US$1,287 per ounce, bringing its output for H1 to 470,000 ounces at an AISC of US$1,237 per ounce. Its guidance for 2024 is set at 1.13 million to 1.27 million ounces of gold, with performance “strongly weighted” toward H2....

The committee’s proposed changes include a requirement for all ASX-listed mining companies to publicly acknowledge any environmental risks to their projects. Qualified professionals with mining experience will also have to provide a technical sign off on each project, and will have to make their credentials available to the public. Additional reporting criteria, such as the...

The company said a 11,000 metre drill program across 110 holes will begin in the first few weeks of August. Koba will be aiming to grow the reource at the Oban uranium deposit, which has a JORC resource estimate of 4.6 million pounds of U3O8. It is also looking to discover further resources at the...

The IPO’s underwriters have partially exercised their over-allotment option, agreeing to purchase a further 308,750 shares of the company out of an allowance of 468,750; each share is priced at US$24. The funds raised through the IPO will be used for ongoing drilling activities at the Shenandoah South pilot project in Australia’s Beetaloo Basin. The...

The company reported consolidated revenue of C$598 million, a 24 percent increase compared to the same period in 2023. Its net earnings attributable to equity holders amounted to C$0.08 per share, up from C$0.03 per share in Q2 2023. Adjusted net earnings, which exclude certain non-operational items, came to C$62 million, up from a loss...

A week of earnings reports and troubling economic data sent tech stocks on a wild ride this week. Meanwhile, Trump made an appearance at the annual Bitcoin Conference, promising a friendly environment for crypto if he is elected in November including a strategic Bitcoin reserve. Additionally, the competitive chip stock landscape is about to get...