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  • ASX200 falls 1.4%, bright spots remain

    Fri 8:10 am

    ASX200 falls 1.4%, bright spots remain

    Australian stocks have marked their biggest fall since Mid-March with the ASX200 down 1.4% to 5,556.4 points. The Shanghai Stock Exchange Composite Index  fell 0.48% while in pre-open markets the Dow Mini gained 28 points to 16,522.

  • Cape Lambert Resources reaches settlement with ATO

    Fri 6:45 am

    Cape Lambert Resources reaches settlement with ATO

    The settlement with the ATO is a significant for Cape Lambert Resources given that it removes the remaining liability of $79 million through the final payment of just $2.4 million. It will now finalise plans for a distribution to shareholders and focus on the Marampa Iron Ore Project in Sierra Leone.

  • Alexium International Group targets revenue growth in next quarter

    Fri 3:40 am

    Alexium International Group targets revenue growth in next quarter

    Alexium has over a dozen development/trial projects with potential customers that resulted from its attendance at North America’s only trade show dedicated solely to technical textiles. Each project represents a significant ($0.5 million) pa. ave. revenue opportunity with small sales on all products already booked for the upcoming quarter.

  • MacPhersons Resources raises A$8M, fully-funded for Nimbus BFS

    Fri 3:30 am

    MacPhersons Resources raises A$8M, fully-funded for Nimbus BFS

    MacPhersons has received a major vote of confidence from Orion Mine Finance which has subscribed for $6.3M worth of shares, supported by chairman Ashok Parekh who subscribed for A$1M. The Nimbus BFS is now fully-funded.

  • Dow narrows losses after mixed data; LinkedIn jumps

    Fri 8:12 pm

    Dow narrows losses after mixed data; LinkedIn jumps

    U.S. stocks trimmed losses substantially by late Friday afternoon as investors digested mixed economic reports and comments from two Fed speakers, following a sharp fall for stocks on Thursday. 

  • Belo Sun gains after federal court of appeals rules in its favour

    Fri 6:45 pm

    Belo Sun gains after federal court of appeals rules in its favour

    Shares of Belo Sun Mining (TSE:BSX) rallied this afternoon shortly after the company announced that the Federal Court of Appeal in Brazil ruled that its preliminary license on its Volta Grande gold project is fully valid and in force.

  • TSX stretches losses as oil slips, U.S. jobs growth disappoints

    Fri 6:12 pm

    TSX stretches losses as oil slips, U.S. jobs growth disappoints

    Canadian shares extended their drop for a second day, as oil prices slumped and U.S. employers added fewer jobs than forecast. The resource-heavy benchmark Standard & Poor’s/TSX Composite Index (TSE:OSPTX) slid 1.1 percent to 15,164.52 at 12:48 p.m. in Toronto. More than two shares declined for every stock that advanced as all of the 10 main groups retreated. 

  • Wall Street drops further as investors take in mixed data

    Fri 5:26 pm

    Wall Street drops further as investors take in mixed data

    U.S. stocks fell Friday early afternoon as investors digested mixed results from economic reports this morning and comments from two Fed speakers, following a sharp fall for stocks on Thursday.