Tag: investing news

Highlights Managing Director and CEO, Thomas Line, commented: “We are excited to have discovered multiple Platreef-style copper-PGE sulphide reefs from a first pass-reconnaissance drilling program at the Dante Project; the first of its kind in Australia. Our next step is to continue to replicate these results over the extensive strike at the Dante Reefs, ensuring...

Subject to shareholder approval for the purposes of ASX Listing Rule 7.1, under a subscription agreement entered into with Radiopharm (Subscription Agreement), Lantheus has subscribed for up to: a) A$7.5 million (US$4.99 million) at A$0.05 (US$0.033) per share; b) unlisted options with a six-month term after the date the subscription shares are issued to invest...

The rise of artificial intelligence (AI) has played a major role in its rise. The company’s graphics processing units (GPUs) are essential for AI systems, and demand has leaped as AI becomes a part of everyday life. NVIDIA’s big move marks one of the fastest ascents in market history. Just two years ago, the company’s...

With its business strategy targeting small and medium enterprises in the defence industry supply chain, Adisyn is well-placed to leverage the Australian government’s announced multibillion dollar investment in its defence capability. The Australian Government plans to inject an extra $5.7 billion into its defence capability by 2027-28, with an additional $50.3 billion allocated for the...

In 2023, Queensland’s mines yielded 12.6 tons of gold, positioning it as Australia’s fourth most prolific state for this precious metal. The company’s presence in relatively attractive mining jurisdictions positions it to capitalize on opportunities in Australia’s resource sector and deliver sustainable returns to its shareholders. The recent fundraises of A$1.45 million have provided sufficient...

“For quite some time now … there’s been a deficit, this forecast for 2025,” Robertson said, pointing to a critical market juncture. This imbalance is being influenced by the complex nature of copper mining, which involves long lead times from exploration to production. Additionally, unforeseen disruptions like the recent events in Panama, which took a...

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US carmaker Fisker has filed for Chapter 11 bankruptcy protection in the District of Delaware, citing production issues and macroeconomic headwinds affecting the electric vehicle (EV) market. The California-based EV manufacturer, known for its eco-friendly and sustainable Ocean SUV, is in advanced discussions with financial stakeholders regarding debtor-in-possession financing and the potential sale of its...

HIGHLIGHTS PLR2023-1-7 covers 526 square kilometres and although just one licence is divided into 3 separate geographical areas. The North Eastern areas are located in the Taroom Trough and are prospective for the same deep gas plays as encountered in Project Grandis. These new areas cover 152 square kilometres and represent a 14% increase of...