Danica Cullinane
Danica has extensive experience writing and editing business news in the Oceanic and Southeast Asian regions. She has written across a range of industries including oil and gas, mining, energy, science and research, retail and travel. Danica has covered small and large cap companies listed on the Australian, Singapore, Hong Kong, Indian, London and Toronto exchanges.
Australia’s first sodium-sulphur battery deployed at IGO’s Nova mine
Australia’s first large-scale sodium-sulphur battery has been installed at critical minerals producer IGO’s (ASX: IGO) Nova nickel-copper-cobalt mine in Western Australia. The battery energy storage system is a scalable modular base unit of 250 kilowatts/1.45 megawatts-per-hour designed to be installed at gigawatt scale, making it suitable for large-scale energy storage applications of six hours or […]
Radiopharm Theranostics inks supply deal with TerThera for Terbium-161 isotope
Clinical stage radiotherapeutics company Radiopharm Theranostics (ASX: RAD) has announced a deal with Dutch company TerThera for the supply of Terbium-161, a highly promising isotope for targeted cancer treatment. The isotope will be linked to a proprietary peptide to form RAD 602, a radiotherapeutic being developed by Radiopharm to target protein tyrosine phosphatase mu (PTPmu). […]
Stavely Minerals changes tack to reach Thursday’s Gossan porphyry target
Explorer Stavely Minerals (ASX: SVY) has designed an alternate drill hole to test a pivotal target within its Thursday’s Gossan copper-gold project in western Victoria after encountering problems in its initial attempts. The company launched a new phase of exploration in January, initially comprising four deep (800m) diamond holes drilled in a horizontal fence pattern […]
Wellnex Life on track to meet guidance as sales continue to grow
Consumer healthcare business Wellnex Life (ASX: WNX) has announced it is on track to meet its guidance of $29 million for the 2023 financial year, up 55% on the previous year. This increase has primarily been the result of growth in both the company’s brand offering and its intellectual property (IP) licencing. Over the last […]
Imugene advances phase one study of ‘cancer-killing’ virus
Clinical stage immune-oncology company Imugene (ASX: IMU) has announced it has started dosing a third cohort of patients in the intravenous (IV) and intratumoral (IT) arms of a monotherapy dose escalation trial of its cancer-killing virus known as VAXINIA. The trial is part of the company’s phase one study evaluating the safety of the novel […]
Sapphire gas flow more than triples for Blue Energy
Emerging gas producer Blue Energy (ASX: BLU) has announced a significant increase in the rate of gas flowing from Sapphire pilot production testing project in Queensland’s Bowen Basin. Gas flows have been increasing as the water level over the uppermost coals is slowly lowered in a controlled manner. The company today revealed the current separator […]
Avecho Biotechnology announces $11 million capital raising to fund phase three CBD trial to treat insomnia
Melbourne-based Avecho Biotechnology (ASX: AVE) is seeking to raise $11 million to fund a pivotal clinical trial evaluating the use of its cannabinoid (CBD) soft-gel capsule to treat insomnia. The biotech company has announced an entitlement offer on the basis of one new share for every one existing share held by eligible shareholders at an […]
Trigg Minerals shifts focus to alternative processing of SOP feed salts
Trigg Minerals (ASX: TMG) is shifting its focus for the coming period to an innovative technology solution to produce potassium-rich salts that could potentially de-risk its Lake Throssell sulphate of potash (SOP) project in Western Australia. In light of difficult prevailing market conditions, the company today announced it will progress research and development activities on […]
Botala Energy to flow test Botswana well after confirming gas in coalbeds
Coalbed methane (CBM) explorer Botala Energy (ASX: BTE) has announced the latest developments from is 70% owned Serowe CBM project in Botswana, including its decision to progress to flow testing after confirming gas in coalbeds. The explorer today revealed nuclear magnetic resonance (NMR) logging from its most recently drilled Serowe-7 well suggests sufficient presence of […]
Venus Metals upgrades Bellchambers gold resource
Venus Metals Corporation (ASX: VMC) has announced an upgrade to the gold resource estimate of its Bellchambers deposit, located within the Sandstone gold project in Western Australia. Following recent reverse circulation (RC) drilling at the deposit, the explorer has increased the estimate to 722,000 tonnes grading at 1.31 grams per tonne gold for 30,500 ounces, […]
UNITH unveils latest upgrades to digital human platform for global clients
Software developer UNITH (ASX: UNT) has revealed the latest progress made to its digital human platform which enables clients to converse with digital humans generated through artificial intelligence (AI). In the last week, UNITH has launched its new website and confirmed its roadmap for 2023 with commercial and technical pathways heading towards a soft launch […]
Pure Hydrogen investee H2X gears up for a big 2023
Clean energy focused Pure Hydrogen’s (ASX: PH2) investee H2X Global has a big 2023 ahead – targeting the delivery of hydrogen fuel cell trucks to its European customers, and kicking-off manufacturing in India with its joint venture partner, Advik Hi-Tech. Pure Hydrogen owns 23% of the Australian vehicle manufacturer H2X. H2X recently inked a memorandum […]
BPH Energy resumes trading following PEP-11 controversy
Oil and gas investment company BPH Energy (ASX: BPH) has returned to ASX trading from a three-month suspension after clarifying details around its controversial PEP-11 offshore gas project. The company, which owns 36.1% of the offshore NSW project’s operator Advent Energy, today released an announcement to the market that clarifies comments made in news articles […]
UNITH releases demo of ChatGPT integration ahead of platform launch
Digital human software developer UNITH (ASX: UNT) is set to launch a new website this week that will reflect its recent rebranding as a company focused on “unifying brands with technology”. With this rebranding comes a new commercial and technical roadmap that outlines the route towards a soft launch of its phase three self-service platform by […]
Veratin primes Verigrow for market after encouraging broadacre trials
Sustainable manufacturing company Veratin (NSX: VTN) has announced a new consulting deal with Primary Agronomy to assist in penetrating the broadacre market with its fertiliser product Verigrow. Under the agreement, Primary Agronomy will provide Veratin with advice on study design, identifying unique product features and its go-to-market approach. The independent company is also expected to […]
Incannex’s psychotherapy study delivers ‘significant’ benefits
Incannex Healthcare (ASX: IHL) has emerged from a trading halt with news that its psychotherapy program to treat generalised anxiety disorder (GAD) has achieved promising results in an ongoing phase two clinical trial. The cannabinoid and psychedelic medicines company’s proprietary program is being developed to use psilocybin to improve the effectiveness of psychotherapy for GAD. […]
Chimeric Therapeutics doses final cohort in brain cancer clinical trial, advances CHM 2101 candidate
Clinical-stage cell therapy company Chimeric Therapeutics (ASX: CHM) has begun dosing of drug candidate CHM 1101 in the final patient cohort of a phase 1 clinical trial designed to treat the most aggressive and common form of brain cancer glioblastoma. The company has also progressed its CHM 2101 candidate towards a phase 1a clinical trial. […]
Sayona and Piedmont produce first spodumene concentrate at North American Lithium project
Joint venture partners Sayona Mining (ASX: SYA) and Piedmont Lithium (ASX: PLL) have announced the first spodumene concentrate produced at their North American Lithium (NAL) operation in Quebec, Canada. In a statement on Wednesday, Sayona reported about 70 tonnes of lithium concentrate had been generated, with commissioning proceeding as planned and the first saleable concentrate […]
BBX Minerals reveals positive bioleach pilot plant results
Brazil-focused explorer BBX Minerals (ASX: BBX) has revealed “excellent” results from initial bioleach pilot plant testing on a composite sample taken from the Três Estados gold and platinum group metals (PGM) project. Following positive results from bioleaching test work conducted late last year, the company moved to larger scale testing with a dedicated pilot plant […]
Vintage Energy announces first gas flows and revenue from Vali
Vintage Energy (ASX: VEN) has announced the eagerly-awaited start of gas production at its Vali field in the Cooper Basin. The milestone also marks the first revenue generation just three years after the gas field was discovered, with the gas being supplied to eastern Australia under a long-term supply deal with energy retailer AGL Energy […]