NEW HOPE CORPORATION ORD
Australia’s major banks raise rates, Flight Centre reopens 35 stores and Perpetual rejects $1.7b takeover
Australia’s four major banks, Commonwealth Bank (ASX: CBA), National Australia Bank (ASX: NAB), Australia and New Zealand Banking Group (ASX: ANZ), and Westpac (ASX: WBC) have announced increases to home loan rates by 25 basis points this month. The move follows the Reserve Bank of Australia’s hike, seventh in as many months, which raised the […]
Chalice extends Julimar exploration, New Hope receives grants and Incitec Pivot appoints CEO of fertilisers business
Chalice Mining (ASX: CHN) has issued an update on its exploration activities at the Julimar nickel-copper-platinum group elements (PGE) project in Western Australia, confirming an extension will take place after a recent breakthrough. The mining company said it is “considering securing a strategic minority joint venture partner to assist in developing a potential mine at […]
What does coal’s lesson mean for other commodities?
Investors can learn a lot from coal even if they find it an ethically unacceptable asset with coal’s soaring price a guide to what might happen to other, cleaner, commodities suffering from a lack of new development. The first coal lesson calls for a brief trip back in time to last November when Small Caps […]
Are Australian coal mining companies oversold?
There is a world of difference between a commitment to “phase-out” a commodity, and a proposal to “phase-down” a commodity, which is a reason for taking a fresh look at heavily oversold Australian coal mining companies. While not widely researched because they have become ethically incorrect, some coal stocks are trading at close to half […]