ASX Market Close: Bruised index nosedives | 11 June, 2024

The ASX200 had a rough day, trading way lower than predicted, to close down 1.35%.All sectors remained in the red, Materials felt it the most all day, closing down nearly 2.6%, real estate followed, down 2.3%.In the greenSummit Minerals (ASX:SUM) saw an 11% increase following an update on its exp...

Benevolent weather lifts profit guidance up $5M for Kiwi insurer Tower

Tower Ltd has seen its underlying profit guidance for the 2024 financial year rise to $40 million based on a lack of bad weather events.

Earn-in agreements lift DevEx's province-scale uranium footprint in NT at Murphy West

DevEx Resources Ltd has boosted its landholding and project portfolio in the Northern Territory and Western Australia.

ASX Market Update: Materials drag shares deeper | 11 June, 2024

Despite futures tipping a 0.25% decline on the bourse the market has tanked 1.10% in the first hour of trades.The immediate catalysts at play aren’t obvious but are likely being driven in part by low iron ore prices, stronger than expected US jobs data last Friday evening, and a c...

Patriot extends high grade 'Vega Zone' at key pegmatite in Quebec

Patriot Battery Metals Ltd has extended the high-grade 'Vega Zone' of the CV13 pegmatite in Canada, with grades higher than 7% lithium oxide.

Artificial Intelligence is here to stay. What ASX stocks are in the space through FY25?

Artificial Intelligence is here, and progressing past Large Language Models (LLMs) and ChatGPT. What ASX stocks are playing in the space?

Element 25 eyes Butcherbird manganese restart as prices hit record highs

Shares in manganese player Element 25 are seeing modest gains of +2% in morning trades as the company looks at restarting Butcherbird.

A3D secures Defence supply order bridgehead

A3D has secured a Defence Printing Purchase Order to produce additively manufactured metal components.The Purchase Order will be to supply experimental metal alloy 3D printed parts and will be produced at A3D’s industrial print services at its Canning Vale, WA headquarters.A3D des...

Summit Minerals surges 30% on fresh niobium finds as WA1 fever spreads

Shares in Summit Minerals were up by as much as +27% in the first twenty minutes of trade on Tuesday, driven by positive niobium hits.