AUKing expects spat over Tanzanian licences to be resolved soon

AuKing Mining is expecting a decision over the status of its two paid up Prospecting Licences in central Tanzania, by the end of June.

European Lithium scores US$15M deal with BMW for battery-grade lithium hydroxide

European Lithium Ltd has announced that BMW has paid US$15 million for offtake of battery-grade lithium hydroxide from its Wolfsberg project.

Multiple contract awards puts the wind in SRG's sales

SRG Global’ (ASX: SRG) has been awarded multiple contracts with existing clients in the renewable energy, resources and energy sectors across Australia.The mining engineering company said the value of the new works is $125m, which includes a six-year term contract for asset integr...

Telix kicks off $300M NASDAQ IPO offer, backed by Morgan Stanley

Morgan Stanley and Jefferies are among the managers overseeing Telix Pharma's (ASX:TLX) freshly commenced US IPO process.

SkyCity profits plummet on casino conundrums

SkyCity has suspended dividend payments after updating guidance for FY24 and now expects profits to slump between $10 million and $25 million.

Market Open: Australian stocks follow US counterparts up on tech rally and Fed rate cut hint

The Australian market is set to open higher on Thursday, following the US bourses up following a tech rally and suggestions of a Fed rate cut.

Daily ASX Market Close: Market ahead on low GDP lift | June 5, 2024

The ASX200 closed up 0.4% – thanks to a very small rise in Australia’s latest Gross Domestic Product data. The Telecommunications sector led, gaining around 2%. Materials shed more than 1.1%  

Wellnex Life gets set to bring medicinal cannabis to the Australian market

Wellnex Life Ltd has announced the launch of new medicinal cannabis brand Wellness Life to the Australian market.

Daily ASX Market Update: GDP just clears a low bar | June 5, 2024

Australia’s latest Gross Domestic Product data has increased by only 0.1% quarter-on-quarter, after notching 0.3% in Q4 of 2023. The data represents another consecutive expectation miss, with analysts predicting an increase of 0.2%. The data underscores a cooling economy @ and the...