The Australian sharemarket closed the first quarter of the year on a record high amid a rally that briefly pushed the local index above 7900 points.
This week’s Bulls N’ Bears Runner of the Week is… Osteopore. Its shares surged more 1060 per cent to join Allup Silica and Many Peaks Minerals.
AGL will partner with a start-up backed by its biggest shareholder,Mike Cannon-Brookes,to assess building a first-of-its-kind solar panel factory in the NSW Upper Hunter region.
The Australian sharemarket staged a late revival despite a lacklustre lead from Wall Street,as local inflation data holds steady.
Lincoln Minerals has recorded high-grade assays at its Kookaburra Gully deposit in SA including a 3m hit at 30.5 per cent total graphitic content from 80m.
The Australian sharemarket followed Wall Street’s subdued trading session as tech companies and miners offset gains by the energy giants.
A rally in interest-rate-sensitive real estate investment trusts,together with gains across various major sectors,buoyed the Australian sharemarket,with investors continuing to price-in rate cuts from global central banks.
Energy companies and miners weighed down the ASX,despite a positive lead from Wall Street overnight.
After furiously undertaking a toll treating operation at its Jeffrey’s Find gold deposit near Norseman,Auric Mining is all smiles with $4.2m cash in hand for 2023.
Lincoln Minerals has stamped a 1.2-billion-tonne magnetite resource going 25.7 per cent iron at its Green Iron project on South Australia’s Eyre Peninsula.
The Australian sharemarket rallied on the back of gold miners,banks and real estate investment trusts as US stocks moved higher.