SLM.ASX
Market wrap: ASX flies to a new record as Commonwealth Bank takes top spot
Australia’s share market ended the week on a strongly positive note, hitting a fresh record high and establishing Commonwealth Bank as our biggest company. By the Friday close the ASX 200 Index had risen 69.7 points (0.9%) to a record 7959.3 points and finished the week up a solid 1.2%. Commonwealth Bank (ASX: CBA) continued […]
Solis Minerals to fast-track Cinto drilling after high-grade copper finds
Solis Minerals (ASX: SLM) has obtained a number of high-grade copper samples from early-stage exploration work at the Cinto project in Peru as it prepares to fast-track drilling plans. After gaining access to the project site from the local community, Solis recently undertook a sampling program which returned assays up to 7.14% copper, highlighting the […]
Solis Minerals acquires new exploration licences at Borborema lithium project
Solis Minerals (ASX: SLM) has acquired 22 exploration licences across 248 square kilometres at the Borborema lithium project in northeastern Brazil. The new areas are greenfield sites which have seen limited systematic exploration for lithium-caesium-tantalum (LCT) bearing pegmatites. The structural geological setting is believed to be similar to the Colina deposit owned by Solis’ largest […]
Marketing service providers Salmat and IVE Group agree on $25m deal
Letterbox and online advertising specialist Salmat (ASX: SLM) is set to sell-off its Australian catalogue distribution business, Salmat Marketing Solutions, to marketing services provider IVE Group (ASX: IGL) in an all-cash $25 million deal. The deal will also include Salmat’s New Zealand-based operations in the form of separate company Reach Media New Zealand Ltd. Upon […]
