Stock Market Today: Tech Tumbles as Mega-Cap Stocks Get Hit by Major Profit-Taking
I hope you had a relaxing, restful long weekend, and welcome to September. It was a pretty dismal post-Labor Day trading session. We all know September is the worst for stocks, but let’s hope the first day’s action doesn’t foretell how the rest of it will play out. All the broader equity indexes are down, with…
Surrender of Lease for Bibra Lake Premises
Adisyn Ltd (ASX: AI1) (“Adisyn” or the “Company”) is pleased to announce it has successfully negotiated a surrender of its Bibra Lake lease (ASX: 31 July 2024), resulting in approximately $350k in savings per year. Highlights: Bibra Lake lease surrendered resulting in ~$350k annual savings.Adisyn to continue providing data centre solutions through third-party providers.Consistent with…
Production Ramp-Up Hits Key Milestone as First NIMCIX Column Achieves Nameplate Capacity
Boss Energy Limited (ASX: BOE; OTCQX: BQSSF) ) is pleased to provide an update on the strong progress being made as part of the commissioning and production ramp up at its Honeymoon Uranium Mine. Highlights Operations First NIMCIX production column achieves nameplate uranium productionA total of 72,516lbs of uranium produced in the months of July…
Licence Application Granted for Ulytau Uranium Project
C29 Metals Limited (“C29” or the “Company”) is pleased to announce that its application for the northern tenement has been granted in 48 calendar days. HIGHLIGHTS C29 Metals has received notification that’s its application for the northern tenement for the Ulytau Uranium Project located in Kazakhstan has been granted.The tenement granting process has been completed…
Clarification to Chariot’s ASX Announcement dated 30 August 2024
Chariot Corp Limited (ASX:CC9) (“Chariot”) refers to the announcement dated 30 August 2024 entitled “Chariot and Mustang Lithium LLC repossess Horizon and Halo lithium projects” (the “Original Announcement”) pursuant to which the Company announced that Mustang Lithium LLC (“Mustang”), in which Chariot holds a 24.1% interest, was in the process of terminating property option agreements…
Turkey Eyes Chinese Partnership to Develop Rare Earths Deposits
Turkey is looking to collaborate with China on rare earths processing as part of a broader initiative to bolster the country’s presence in the electric vehicle (EV) and battery markets. According to Bloomberg, the initiative is a strategic move that Turkey hopes will enhance its appeal to Chinese manufacturers, including major companies like BYD (OTC…
Update to Entitlement Offer Timetable
Labyrinth Resources Limited (‘the Company’ or ‘Labyrinth’) provides an update to the entitlement offer timetable which was initially announced on 17 July 2024. Amendments to the timetable have been made given the initial estimated date of the Extraordinary General Meeting of Shareholders (‘EGM’) for the transaction has been moved to Friday, 13 September 2024. The…
Silver Stocks: 5 Biggest Companies in 2024
Silver found momentum in the first half of 2024, breaking through US$30 per ounce for the first time since 2012. The white metal’s strong price gains came as high industrial demand met with precious metals investors entering the market amid global uncertainty and speculation of a rate cut from the US Federal Reserve. Gold has…
Breaking the Cycle: Can Gold Outshine Historical Trends in September?
As September begins, gold is facing a familiar challenge — the month is historically marked by price declines. Despite its strong performance so far this year, which has seen the yellow metal reach an all-time high of US$2,531.70 per ounce, market participants are now closely watching whether these gains will persist. According to Bloomberg, since…
5 Best-performing Lithium Stocks of 2024
As the market moves into the second half of year, the lithium sector has continued to experience challenges. However, after 2023’s broad fluctuations, the lithium sector exhibited greater stability in the first half of 2024. While oversupply and weak prices kept some companies from registering large gains during the period, others saw share price growth….