News
Popstars push inflation higher as world goes into a post-pandemic party mode
The ‘Swifties’ and the ‘BeyHive’ are back with a vengeance and nothing, not even worldwide inflation woes and cost of living pressures, can keep them from splashing the cash on concert tickets to see their gleaming popstar idols live and on stage.
Banks in the spotlight as economies and markets play out
Banks around the world, be they central, national or privatised, grabbed the headlines over the past week in response to global and local economies seeking stability amid inflationary headwinds and market events.
Laiva progresses listing plans with cashed up shell and reaffirms annual 80koz production potential
Laiva has progressed their listing plans by signing a letter of intent with a listed Canadian company to serve as the shell for a reverse takeover entry onto the bourse. Notably, the shell is anticipated to have just over C$10 million in cash, which will go towards accelerating production plans which are due to start imminently in August.
Rock bottom prices: Rare earths forecast for decade-long growth cycle
The globally significant, tier 1 rare earths deposit developer VHM Limited (ASX: VHM) is continuing to advance their flagship Goschen project towards production, and has capped off their first quarter as a listed company with a bank of announcements that get it closer to pulling critical minerals out of the ground.
Note from the MD: Global market movements lift ASX, but local consumer and investor sentiment bruised
The ASX has been bolstered by economic support measures to help China’s ailing property sector, as well as hopes the US central bank’s monetary policy tightening cycle is drawing to a close.
Clean energy returns will eclipse tech boom’s, says T8 Capital founder
Every second week we invite a leading fund manager to present at The Insider: Meet the Fund Manager. In May 2023, we were joined by Roscoe Widdup, Co-Founder and Portfolio Manager of Triple 8 Capital who chose Pan American Silver…
Twitter vs Threads: Musk and Zuck take cage fight online
Call it a clash of the tech titans or a battle of the billionaires – Tesla’s Elon Musk and Meta’s Mark Zuckerberg have taken their long teased cage fight online and to the markets when the latter launched ‘Threads’ to challenge Twitter
Clean energy returns will eclipse tech boom’s, says T8 Capital founder
Every second week we invite a leading fund manager to present at The Insider: Meet the Fund Manager. In May 2023, we were joined by Roscoe Widdup, Co-Founder and Portfolio Manager of Triple 8 Capital who chose SolarEdge Technologies Inc…
Note from the MD: RBA interest rate reprieve lifts local market
Local markets have been buoyed by the Reserve Bank of Australia’s (RBA) decision to keep rates on hold at 4.1%. It was a surprise decision for many, with the National Australia Bank, ANZ and Westpac all tipping a quarter point move. The Commonwealth Bank called it correctly, predicting that last week’s softer-than-expected inflation data would convince the RBA it was time to hit pause.
Felix hits near-surface 100m gold intercept next door to blue-chip miner
Resource definition drilling at Felix Gold’s NW Array project in Treasure Creek has turned up gold hits of up to 6.4g/t and identified extensive zones of mineralisation. Drilling Intercepted 100.5m @ 1.14g/t Au from 21.3m, including 47m @ 1.7g/t Au from 38.1m. Another noteworthy assay from the recently completed drilling program includes 70.1m @ 1.6g/t Au from 6.1m, including 7.6m @ 6.4g/t Au from 21.3m.
Engineers bring dead birds back to ‘life’ as machines
Here’s something conspiracy theorists, particularly from the ‘birds aren’t real’ school of thought, have got right – partially at least. New Mexico scientists, in their own scientific ways, have been reanimating dead birds preserved through taxidermy as drones.
Far East Gold completes acquisition of Top-3 greenfield project
Aussie gold explorer Far East Gold Ltd (ASX: FEG) has been digging up multiple instances of visible gold, reporting three separate occasions in May alone at the 24,260-hectare Woyla project in Indonesia – further enforcing the company’s belief in its highly prospective nature.
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