Recent News
Mongolian gas prize beckons as TMK Energy clears discovery hurdle
TMK Energy’s Declaration of Discovery for its 1.2Tcf Gurvantes XXXV project in Mongolia has been accepted, the first step towards a production licence, ahead of appraisal.
The Grinch is stealing this Christmas from NAB workers, AI comes next
Artificial intelligence is not officially to blame for NAB’s latest round of job losses, but it will be next time around.
Aurum hits thick gold ahead of West African resource upgrade
Aurum Resources has extended gold across three targets at its flagship Boundiali project in West Africa, hitting 57m at 2.34g/t ahead of a major resource upgrade.
Critical Resources triples down on Suriname gold play
Critical Resources has grabbed its third gold play in Suriname, securing exclusivity over the Gadu Manda project, just 4km from Zijin Mining’s 6-million-ounce Rosebel mine.
Critical Resources locks in Suriname gold trifecta
Critical Resources has grabbed its third gold play in Suriname, securing exclusivity over the Gadu Manda project, just 4km from Zijin Mining’s 6-million-ounce Rosebel mine.
Critica tables monster $2.7B valuation for WA rare earths play
Critica Limited’s WA rare earths scoping study has delivered a huge $2.7 billion pre-tax valuation, 56% IRR and $556 million in upfront capital earmarked for a 14-year operation.
China’s export boom is becoming its Achilles heel
China is on track for a record trade surplus, but is facing increasing pushback from the countries whose economies are being ravaged by its flood of exports.
ASX falls despite AI rebound on Wall Street; NAB and BHP decline
The Australian sharemarket was on the back foot in Tuesday’s session, with miners, energy stocks and banks leading losses.
It’s the management stupid; Dollar Bill says back the skipper, not the ship
Boards change, projects change and even company names magically morph, but Dollar Bill asks whether it is real change or just the tired old format re-polished.
NAB slashes 2500 jobs amid fears other banks will swing the axe
The National Australia Bank has announced it will axe up to 2500 jobs over this financial year, while also reducing the use of external consultants.
CNN anchor Christiane Amanpour to leave after 43 years
The network’s chief international anchor will sign off next year as CNN comes under controversial new ownership after the biggest media deal in history.
‘We want to show our sincerity’: Stax to relaunch with credit program for lost orders
The activewear label is under new management, but has brought back some familiar faces – and is keen to set things right.
The China car flood is out of control
China is addicted to making cars, and it is dragging down the entire industry.
Kaiser gold loan exit frees $600K a month for mine growth
Kaiser Reef has repaid its Auramet gold loan, a move that boosts its monthly cash flow by about $600,000. The Henty gold mine in Tasmania fully funded the debt.
Forget tall poppy syndrome, corporate Australia is a second-chance saloon
AI start-up Firmus’ planned public listing wasn’t derailed by its boss’ history. Will a retail chief’s alleged lies denying an affair scupper his shot at a float?
Accelerate hits manganese jackpot with 59.6% Pilbara grades
Accelerate Resources has unearthed near-60% manganese rock chips at its Woodie Woodie North project in WA, bolstering a 12km underexplored mineralised corridor.
Great Southern uncovers new high-grade hits in WA gold hunt
Great Southern has hit high-grade gold in maiden RC drilling near Laverton in WA, with a top hit of 5m at 6.71g/t, including 3m at 10.4g/t, along a 4.7km corridor.
Rare earths strike in NT extends 8km beyond previous Barkly hits
Barkly Rare Earths has expanded its NT rare earths discovery, with new drilling hitting significant intercepts up to 8km from previous results, including high-grade hits up to 4550ppm TREO.
Vietjet’s domestic ambitions dealt a blow after court orders global asset freeze
The order comes after a long-running battle with an investment firm seeking back payment for the use of four planes by the airline.
Nightmare on Wall Street: The AI alarm bells are ringing louder
The implosion in the share price of one neocloud company has highlighted just how vulnerable Wall Street is.
Lachlan treasure chest draws fresh wave of NSW mining hopefuls
NSW’s Lachlan Fold Belt is back in the junior explorer spotlight, with a string of newcomers chasing the next big copper-gold discovery, including recent stalwart Kuniko Limited.
ASX creeps higher after dodging AI volatility; energy shares jump
The Australian sharemarket has made a bright start to the week, as a rebound in the local banks continues.
The ‘Ozempic face’ discovery that revived a fading giant
A surprise discovery may have saved one of the world’s oldest chemical companies from sliding into irrelevance.
Stax is back, saved by founders of sneakerhead marketplace
The athleisure brand collapsed in June after an ill-fated retail expansion, but now a new entrepreneurial couple plans to revive it.
Australia clashes with Asian energy giants over gas export crackdown
Labor is risking a backlash from major Asian partners as it forges ahead with contentious rules to divert more gas exports to local consumers.
‘Only the sharks are left’: The $388 billion change shaking up the sharemarket
There’s been a major shift in how Australians buy shares, sparking debate over whether our market is becoming more prone to wild swings – or even the risk of bubbles.
Trying to find a job is now as toxic as dating apps. I want a career, not a booty call
Recruiters, your “booty calls” are wearing thin. And it’s time to give up the “ghost”.
Drones as first responders: welcome to the future of policing
Drones have a bird’s-eye view of the city. The prospect of police departments integrating drones into their workflow raises questions about privacy and police accountability.
The $38b battle for Australia’s top gold miner may be just beginning
A South African mining giant is seeking to rally investors across Australia to pressure a major local rival into takeover talks.
Weighing the real cost of migration cuts
An analysis using Parliamentary Budget Office tools shows that One Nation’s immigration policy may add an extra $275 billion to national debt.
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