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ALMA METALS LIMITED - Discussion

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Alma Metals Limited is an Australia-based metal exploration company. The Company... Alma Metals Limited is an Australia-based metal exploration company. The Company primarily explores for copper, and molybdenum. The Company’s projects include East Kimberley Copper Project, and Briggs Copper Project. The Briggs, Mannersley and Fig Tree Hill Porphyry Copper Project comprises three exploration permits for minerals (EPM) and one application for an EPM covering a total area of approximately 245 square kilometers. More

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Alma Metals Limited

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Market Update: Unexpected CPI data rattles and shakes ASX

Australia's CPI inflation indicator increased 3.6% in April on a year-on-year basis, up from 3.5% in March, causing an instant sell off on the ASX200.
Daily ASX Market Close: CPI data a drag - May 29, 2024 The ASX200 didn’t seem to be able to recover from the CPI inflation data April read – showing a rise to 3.6 per cent – which was hotter than many had forecast. The index lost more than 1.15 per cent – all sectors were down with Consumer Staples, Industrials and Financials suffering the most.
Oar Minerals see shares rise 33% on news of massive Brazilian land increase Oar Resources Ltd has increased its landholding in Brazil by 283%, picking up two additional uranium projects.
De Grey raises $600M to progress work at WA's Hemi Gold Project De Grey Mining Ltd has raised a total of $600 million to fund work at its Hemi Gold Project in Western Australia.
ASX200 sells off as CPI inflation hotter than expected at 3.6%. Are we over-reacting? Australia's CPI inflation indicator increased in April by 3.6% on a YoY basis, causing an instant sell off on the ASX200.

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