Market Close: Comms drags ASX into the red

The ASX200 slipped into the red at close, 0.05 of a per cent down with industrials gaining 0.49% and IT 0.27% doing the heavy lifting offset by communications limping over the line, shedding -2.5%.In the greenWebjet (ASX:WEB) shot up 8% on its financial results for the 12 months ending on March 3...

Australian-listed companies chase the rainbow of the renewable energy market

With treasurer Jim Chalmers announcing $13.7 billion in tax credits for the development of critical minerals projects in Australia, it’s clear the tilt towards clean energy projects is here to stay.Moreover, while politicians in Australia stress the importance of unlocking renewab...

Market Update: ASX just afloat with IT on charge and comms flashing red

The ASX200 is up 0.2 of a per cent mid-session in line with future’s predictions.IT and materials are up around half a per cent, with utilities and financials not far off @ but communications dipped -2.6% and healthcare -0.1%.Communications is down around 2.5% as TPG (ASX:TPG) and...

CGN tanks -25% as 700m deep drillhole comes back up lacking sparkle

Microcap explorer CGN Resources (ASX:CGR) has failed to win market favour with shares down -25% to 23cps on the back of subpar drill results.

Market impressed by Fin's 12-metre thick pegmatite discovery in Canada

Fin Resources Ltd has seen its share price rise by 18% on news of a shallow pegmatite discovery in Canada.

Oz air travel has returned to pre-COVID norms – and Webjet shares show it

Webjet (ASX:WEB) shares jumped as much as +13% in the first hour of trade on record earnings and a new corporate spinoff strategy.

Portfolio manager claims coking coal could burn bright

Chris Judd from Cerutty Asset Management Fund talks with Katana Asset Management's Portfolio Manager Romano Sala Tenna about metallurgical coal - also known as coking coal.

Zenith Minerals fires up the drills for gold & nickel at Hayes Hill, WA

Gold and critical mineral explorer Zenith Minerals (ASX:ZNC) has announced its commencement of drilling at Hayes Hill, WA.

Mount Ridley announces maiden resource for 168Mt at Mia in WA

Mount Ridley Mines Ltd has achieved an inferred resource at the Mia prospect of its Mt Ridley rare earths project in WA.