Market News

On Monday, a widespread sell-off, primarily driven by the technology sector, dragged down the overall share market. At the closing bell, the S&P/ASX 200 was 0.67 per cent lower at 7,230.40. The ASX tech sector experienced its worst single-day performance of the month, plummeting by 2.7%. In fact, all 11 ASX sectors ended the day […]

The S&P/ASX 200 is trading 0.58 per cent lower at 7,237.00. Futures The SPI futures are down 50 points. Best and worst performers All sectors are in the red. The sector with the fewest losses is Utilities, down 0.17 per cent. The worst-performing sector is Information Technology, down 2.46 per cent. The best-performing large cap

Sunstone Metals (ASX:STM) announced that further high-grade gold-silver assays from their Limon project have been identified. These results continue to show the presence of structurally controlled high-grade gold-silver mineralisation extending from surface to a greater than 300m depth. In response, Managing Director Malcolm Norris, “the higher-grade central shoot is being defined with increasing confidence and

At noon, every one of the 11 sectors on the ASX is showing losses, with the technology stocks exerting the most significant downward pressure on the benchmark. At noon, the S&P/ASX 200 is 0.76 per cent lower at 7,224.00. The SPI futures are pointing to a fall of 62 points. Best and worst performers All

Costa Group’s private equity pursuer, Paine Schwartz Partners, has now tabled a ‘non-binding’ offer of $3.20 per share for Australia’s leading fruit and vegetable supplier. Paine Schwartz Partners (PSP) expressed their interest on July 4, and since then, Costa has been in discussions with the American buyout firm to finalise due diligence. The suggested $3.20

Hot on the heels of a very solid 2022-23 result in late August, West African gold miner Perseus (ASX:PRU) has revealed a significant upgrade to the life of one of its key operations, Yaoure in Cote d’Ivoire. Perseus announced at the annual Denver gold forum in the US that it had extended the operational life

In a strategic move aimed at securing its foothold in the booming battery minerals market, global mining giant Rio Tinto (ASX:RIO) has been quietly amassing exploration tenements in Western Australia, covering a staggering 145,000 hectares. The company’s latest foray into the lithium land grab highlights its ambition to play a significant role in the global

Uranium prices have skyrocketed to their highest levels in 12 years, reflecting a worldwide revival in nuclear power as energy utilities rush to secure fuel supplies. The commodity, often referred to as “yellowcake,” has surged approximately 12 percent to reach $65.50 per pound in the past month. This surge breaches last year’s peak and reaches

NOVONIX (ASX:NVX) achieved successful production with its Generation 3 Furnaces, meeting design goals for throughput, cost, and sustainability. Paul Sanger: Hi, I’m Paul Sanger for the Finance News Network, and today we’re talking to Novonix CEO, Dr. Chris Burns. Chris, welcome back to the Network. Chris Burns: Hi, Paul. Thanks for having me on this

Investor attention this week will be on meetings of three of the globe’s big four central banks: the Fed, the Bank of Japan, and the Bank of England, which will discuss inflation (and the recent rise in cost pressures) and interest rates. Only the Bank of England is tipped to raise rates after the European