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ASX hits record high; CBA eclipses BHP as Australia’s biggest company
The Australian sharemarket climbed to a record high after four out of every five stocks that comprise the benchmark S&P 500 Index advanced on Wall Street overnight.
- by Millie Muroi
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Killi surges as golden rocks point to new epithermal system
This week’s Bulls N’ Bears Runner of the Week is … Killi Resources. Its share price jumped 262.5 per cent on the back of stunning gold-copper rock-chip assays.
- by Craig Nolan
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ASX notches up healthy session ahead of key US data
Tech stocks and real estate investment trusts lifted the ASX on Thursday as investors turn their attention to the latest monthly US inflation data.
- by Millie Muroi
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Cashed-up Larvotto to unleash NSW gold-antimony search
After pocketing $5 million in new money, Larvotto Resources is on the cusp of launching a new gold-antimony drilling program at its Clarks Gully deposit in NSW.
- by Doug Bright
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Strickland marches second diamond rig into WA gold camp
Strickland Metals has kicked its drill program into overdrive, marching a second diamond rig into its Horse Well gold camp – part of its Yandal project in WA.
- by Craig Nolan
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Miners, utilities drag ASX into the red
The ASX closed out a quiet session in negative territory on the back of a mixed lead from Wall Street, after Fed chair Jerome Powell did little to change the market’s expectations of when the US central bank will cut rates.
- by Jessica Yun
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New Chilean ground bolsters Pan Asia lithium play
Pan Asia Metals has stretched the company’s landholding at its Tama Atacama lithium project in Chile out to 1235sq km after securing new ground at the site.
- by James Pearson
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New mining code reopens Mali for business: Toubani
The State of Mali’s implementation of a new mining code will reopen the West African country up for business, according to Toubani Resources.
- by Andrew Todd
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Copper-moly hits leading EV Resources to big Peru porphyry
EV Resources believes it is on the trail of a significant porphyry system at its Parag play in Peru after unveiling a solid new set of copper-moly drill hits.
- by Andrew Todd
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ASX stages broad-based rally, Telstra jumps after raising prices
The Australian sharemarket surged on Tuesday after gains in big-name US technology stocks on Wall Street overnight lifted the S&P 500 Index to its 35th record high of the year.
- by Jessica Yun
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Global magnet giant pumps $7m into Hastings
Hastings Technology Metals has secured a $7 million investment deal from world-renowned magnet supplier JL Mag for its rare earths project near Carnarvon in WA.
- by James Pearson