Sean Boss, Author at The Market Online The Market Online – First with the news that moves markets. Breaking Australian stock market news, ASX 200 announcements and the latest ASX news today. Thu, 29 May 2025 07:03:22 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.1 ASX Market Close: Index breaks February high | May 29 2025 https://themarketonline.com.au/asx-market-close-index-breaks-february-high-may-29-2025-2025-05-29/ Thu, 29 May 2025 06:57:04 +0000 https://themarketonline.com.au/?p=755934 The ASX200 closed up 0.15 % at 8,409 points.

Energy was the strongest performing sector, up1.3%, followed by IT, up 0.8%, and Telecommunication, up 0.6%.

Real Estate was the biggest loser, retreating 1%, followed by Materials, down 0.4%, and Staples, 0.3%.

In the Green

Woodside (ASX:WDS) has climbed another 2.7% as investors continue to respond positively to yesterday’s North-West Shelf extension.

Woodside wrapped up at $22.73.

ReadCloud (ASX:RCL) finished up 22.7% after chalking up standout results for the first half of the 2025 fiscal year, with its underlying earnings (EBITDA) increasing by 73%, to $1.8 million.

Readcloud closed at 13.5 cents.

Cobalt Blue (ASX:COB) finished up 17.1% after inking a major feedstock supply agreement with Glencore International. The deal will support the development of Cobalt’s Kwinana Cobalt Refinery in Western Australia.

Cobalt Blue closed at 6.5 cents.

In the Red

Astute Metals (ASX:ASE) closed down 4.1% after confirming the presence of two lithium mineralisation zones in its latest diamond drill hole at the Red Mountain Lithium Project in Nevada.

Astute Metals closed at 2.3 cents.

Resolute Mining (ASX:RSG) closed  down 2.4% after the company became wrapped up in the latest surprise resources policy shift from Guinea’s junta government.

Resolute Mining closed at 61 cents.

Select Harvests(ASX:SHV) closed down 1.1% after posting a turnaround in its financial performance for FY25. The company booked NPAT of $28.7 million, compared to a $2.4 million loss in the previous corresponding period.

Select Harvests finished at $4.51.

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Thursday’s HotCopper trends: Triggs Utah kickoff, Marmota’s Heavy Mineral bonanza | May 29, 2025 https://themarketonline.com.au/thursdays-hotcopper-trends-triggs-utah-kickoff-marmotas-heavy-mineral-bonanza-may-29-2025-2025-05-29/ Thu, 29 May 2025 01:32:49 +0000 https://themarketonline.com.au/?p=755900 The ASX 200 has been slightly up 0.2% at 8,401 points.

Trigg Minerals (ASX:TMG) has been the most watched on HotCopper forums today, on news it kicked off its maiden exploration activities at the Antimony Canyon Project, Utah.

Trigg has been up 20% at 9.3 cents.

Marmota (ASX:MEU) has also been trending after releasing lab results which revealed its titanium discovery has yielded spectacular bonanza Heavy Mineral concentrations and intercept thicknesses.

Marmota has been up 12.2% at 4.6 cents.

And, finally, Clarity Pharmaceuticals (ASX:CU6) has imaged the first patient in its Phase III diagnostic trial in participants with biochemical recurrence (BCR) of prostate cancer.

Clarity has been up 2.8% at $2.21.

Join the discussion: See what’s trending right now on Australia’s largest stock forum and be part of the conversations that move the markets.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

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ASX Market Close: North-West Shelf green tick | May 28, 2025 https://themarketonline.com.au/asx-market-close-north-west-shelf-green-tick-may-28-2025-2025-05-28/ Wed, 28 May 2025 07:03:37 +0000 https://themarketonline.com.au/?p=755745 The ASX 200 closed down 0.13%% at 8,396 points.

In breaking news, the Albanese government has greenlit Woodside’s controversial North-West Shelf extension, extending the project’s life by 40 years, to 2070. Investors have responded with alacrity by pushing the stock 3.2% higher to close at $22.12.

Energy has been the best performing sector, up 2.2%, followed by Real Estate and IT, both up 1.2%.

Financials was the biggest loser, down 0.7%, followed by Materials and Staples, both down 0.4%.

In the Green

RAS Technology (ASX:RTH) after reporting growth in its annualised recurring revenue, which rose to $21.1 million at the end of the first half of FY25, up from $18.3 million.

RAS Technology closed at 93 cents.

Aurora Labs (ASX:A3D) closed down 2.04% has inked a deal with U.S. based Mayman Aerospace to develop 3D-printed micro gas turbines for vertical take-off and landing aircraft.

Aurora Labs finished at 4.8 cents.

In the Red

Mineral Resources (ASX:MIN) closed down 5.4% as investors dumped the stock in response to yesterday’s production update. The company’s news has preceded an investor and analyst tour of Onslow Iron which kicks off in the coming days.

Mineral Resources closed at $22.45.

IPD Group (ASX:IPG) closed down 7.8% as investors reacted unfavourably to it earnings guidance for the fiscal year ending June 30. The company forecast revenue growth across its business despite ongoing headwinds.

IPD Group closed at $3.19.

Telstra (ASX:TLS) closed down 0.21% despite Macquarie lifting its 12-month price target to $5.28, a substantial 34% increase.

Telstra closed at $4.74

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Wednesday’s HotCopper trends: New Murchison high grades, Predictive Discovery hurdle | May 28, 2025 https://themarketonline.com.au/wednesdays-hotcopper-trends-new-murchison-high-grades-predictive-discovery-hurdle-may-28-2025-2025-05-28/ Wed, 28 May 2025 03:01:09 +0000 https://themarketonline.com.au/?p=755701 The ASX 200 has been up 0.2% at 8,424 points.

New Murchison Gold (ASX:NMG) has been the most watched on HotCopper this afternoon after the explorer’s high-grade gold results returned from inclined grade control drilling targeting in-situ mineralisation.

New Murchison Gold has been unchanged at 1.6 cents.

Predictive Discovery (ASX:PDI) has also been trending after Guinea’s Ministry of Mines and Geology revoked the company’s Agro and Bokoro exploration permits.

Predictive has been down 21%, at 34.3 cents.

And, finally, Warriedar Resources (ASX:WA8) is raising $17 million and has received firm commitments and sophisticated investors. The funds will help fast-track the company’s core gold-antimony asset.

Sunshine has been down 4.3% at 11 cents.

Join the discussion: See what’s trending right now on Australia’s largest stock forum and be part of the conversations that move the markets.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

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ASX Market Close: Index climbs on positive US futures | May 27, 2025 https://themarketonline.com.au/asx-market-close-index-climbs-on-positive-us-futures-may-27-2025-2025-05-27/ Tue, 27 May 2025 06:52:53 +0000 https://themarketonline.com.au/?p=755561 The ASX200 closed up 0.56% at 8,407 points.

IT was the leading sector, up 1.25%, followed by Financials, up 1.1%, and Health Care 0.9%.

Real Estate was the biggest loser, down 0.4%, followed by Telecommunication, up 0.3%, and Staples, down 0.25%.

In the Green

Wisr (ASX:WZR) has secured a $267 million warehouse facility – its third loan funding warehouse – led by senior funding from Barclays Bank.

Wisr closed at 2.8 cents.

Optiscan Imaging (ASX:OIL) closed up 13.64% after finishing the minimum viable product stage for its innovative cloud-based telepathology streaming software. This marks a significant step forward in real-time digital pathology solutions.

Optiscan Imaging closed at 12.5 cents.

DXN (ASX:DXN) finished up 10% on the inking of a $2 million contract with DP World Australia to design, manufacture, and deliver two high-performance modular data centres.

DXN closed at 3.3 cents.

In the Red

Askari Metals (ASX:AS2) closed down 6.67% as investors responded negatively to the launch of its Phase 1 exploration program at its Lithium-Tin-Tantalum Project in central-west Namibia.

Askari Metals closed at $0.008.

Lincoln Minerals (ASX:LML) has confirmed strong copper-lead-zinc-silver mineralisation at its Minbrie prospect in South Australia.

Lincoln Minerals closed at $0.005.

And, Origin Energy (ASX:ORG) closed down 0.57% after RBC Capital Markets downgraded the stock. The broker has lowered its price target, from $11.50 to $11.

Origin Energy closed at $10.45.

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Tuesday’s HotCopper trends: Dateline exploration, Sunshine’s Sybil project pickup | May 27, 2025 https://themarketonline.com.au/tuesdays-hotcopper-trends-dateline-exploration-sunshines-sybil-project-pickup-may-27-2025-2025-05-27/ Tue, 27 May 2025 02:40:11 +0000 https://themarketonline.com.au/?p=755503 The ASX 200 has been trading slightly up at 8,367 points.

Dateline Resources (ASX:DTR) has been the most watched on HotCopper forums this morning after kicking off additional exploration at its Colosseum Project in California.

Dateline has been 7 cents.

Carnaby Resources (ASX:CNB) has also been trending on the forums after first drill assay results from the Trekelano Project in Mt Isa, Queensland.

Carnaby Resources has been 32.5 cents.

And, finally, Sunshine Resources (ASX:SHN) is slated to buy the high-grade Sybil Epithermal Project from a private party for $1.225 million in a cash and scrip deal.

Sunshine has been 0.9 cents.

Join the discussion: See what’s trending right now on Australia’s largest stock forum and be part of the conversations that move the markets.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

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ASX Market Close: Index flat as $AUD hits 6 monthly high | May 26, 2025 https://themarketonline.com.au/asx-market-close-index-flat-as-aud-hits-6-monthly-high-may-26-2025-2025-05-26/ Mon, 26 May 2025 07:01:17 +0000 https://themarketonline.com.au/?p=755373 The ASX 200 closed up 0.1% at 8,361 points.

IT was the best performing sector, followed by Materials, up 0.45%, and Discretionary, up 0.3%.

Utilities was by far the worst performing sector, down 2.4%, followed by Telecommunication, down 0.25%.

 In the Green

NuEnergy Gas(ASX:NGY) finished up 10% after kicking off drilling operations at Indonesia’s first commercial coalbed methane project.

NuEnergy closed at 2.2 cents.

PYC Therapeutics(ASX:PYC) closed up 2.5% on receipt of approval to escalate its Phase 1a clinical trial for its drug candidate targeting polycystic kidney disease.

PYC Therapeutics closed at $1.23.

Larvotto Resources (ASX:LRV) closed up 8.2% on positive results from the recently completed Gradient-Array Induced Polarisation (IP) at its Hillgrove Antimony-Gold Project in New South Wales.

Larvotto Resources wrapped at 61.5 cents.

In the Red

Nimy Resources (ASX:NIM) closed down 7.7% on news of the discovery of outcropping chlorite schist, highlighting the potential for additional near-surface gallium mineralisation along trend.

Nimy Resources closed at 8.4 cents.

Elders (ASX:ELD) closed down 6.6% despite reporting a strong recovery in its results for the last six months ending March 3. The agribusiness achieved a 67% increase in earnings before interest and tax rising to $64.3 million, but this failed to excite investors.

Elders closed at $6.16.

Eagers Automotive (ASX:APE) closed down 0.17% after inking an extension to its long-term retail partnership with BYD in Australia.

Eagers Automotive closed at $17.84.

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Monday’s HotCopper trends: Focus offloads Laverton, New Age’s high grade results | May 26, 2025 https://themarketonline.com.au/mondays-hotcopper-trends-focus-offloads-laverton-new-ages-high-grade-results-may-26-2025-2025-05-26/ Mon, 26 May 2025 02:17:45 +0000 https://themarketonline.com.au/?p=755300 The ASX 200 has been trading flat at 8,360 points.

Focus Minerals (ASX:FML) has been among the most watched on HotCopper this morning after selling its Laverton Gold Project to Genesis Minerals for $250 million.

Focus has been 48 cents.

New Murchison Gold (ASX:NMG) has also been trending across the forums today after responding to media speculation relating to two separate takeover approaches from Westgold Resources. The company says, despite an existing strategic alliance, there has been no takeover offer.

New Murchison Gold has been 1.6 cents.

And, finally, New Age Exploration (ASX:NAE) has a new gold system emerging at its Wagyu Project in the Pilbara region of Western Australia. The high-grade results confirm laterally extensive supergene mineralisation.

New Age has been 0.4 cents.

Join the discussion: See what’s trending right now on Australia’s largest stock forum and be part of the conversations that move the markets.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

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The rise and rise in popularity of Aussie ETFs https://themarketonline.com.au/the-rise-and-rise-in-popularity-of-aussie-etfs-2025-05-23/ Fri, 23 May 2025 04:21:25 +0000 https://themarketonline.com.au/?p=755103 Despite market tumult, the ETF industry has shown remarkable resilience during the first five months of the year. Compared to last year, which closed at $247 billion, the ETF industry is still in positive year-to-date territory.

Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.

The end of April marked the tenth consecutive month of $3 billion-plus flows into Australian-based ETFs, with many investors slowly rotating out of U.S. stocks and allocating heavily to international equity ETFs (around $2.1 billion), followed by Australian equity ETFs (as much as $1.7 billion).

Chris Weston, Chief Researcher at Pepperstone, joined HotCopper’s Expert Exchange series to slice and dice this for investors. He says ETFs are a huge part of the ecosystem, and that leveraged ETFs are growing in popularity.

On top of that, he suggests they’re an easy way to achieve benchmark returns.

In his view, Oz is seen as relatively ‘immune’ to Trump tariffs — relative to other countries.

Join the discussion: See what’s trending right now on HotCopper, Australia’s largest stock forum, and be part of the conversations that move the markets.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

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Friday’s HotCopper trends: Aldoro’s assay slay, Solvar’s bite of Earlypay | May 23, 2025 https://themarketonline.com.au/fridays-hotcopper-trends-aldoros-assay-slay-solvars-bite-of-earlypay-may-23-2025-2025-05-23/ Fri, 23 May 2025 03:05:28 +0000 https://themarketonline.com.au/?p=755083 The ASX 200 has been up 0.25% at 8,370 points.

Dateline Resources (ASX:DTR) has been the most watched on HotCopper after increasing its gold price assumption from US$2,200/oz to US$2,900/oz. The move is expected to generate a 208% increase in net revenue before tax.

Dateline has been 5.1 cents.

Aldoro Resources (ASX:ARN) has also been trending on news the second release of assays from the Kameelburg REE-Nb project has reported the highest grades to date; the successful drilling of south-west step-out hole DD006 has effectively doubled the footprint of the Kameelburg discovery.

Aldoro Resources has been 3.1 cents.

And, finally, Solvar (ASX:SVR) is trending on HotCopper after inking a deal to snap up a 19.9% stake in finance play Earlypay (ASX:EPY).

Solvar has been $1.65, and Earlypay has been 20 cents.

Join the discussion: See what’s trending right now on Australia’s largest stock forum and be part of the conversations that move the markets.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

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ASX Market Close: Energy stocks lead index higher | May 21, 2025 https://themarketonline.com.au/asx-market-close-energy-stocks-lead-index-higher-may-21-2025-2025-05-21/ Wed, 21 May 2025 06:59:26 +0000 https://themarketonline.com.au/?p=754781 The ASX 200 closed up 0.52% at 8,386 points.

Energy was the best performing sector, up1%, followed by Health Care, up 0.95%, and Telecommunication, up 0.88%.

Industrials was the worst performer, down 0.52%.

In the Green

Adriatic Metals (ASX:ADT) closed up 25.2% on revelations it’s in discussions with U.K.-based Dundee Precious Metals regarding a possible takeover.

Adriatic Metals closed at $4.71.

Buxton Resources (ASX:BUX) closed up 20% after locking in key contracts for a major drilling program – set to commence next month – which focuses on its Centurion IOCG (iron oxide, copper-gold) target in Western Australia.

Buxton Resources closed at 4.2 cents.

EMVision (ASX:EMV) closed up 2.6% as investors reacted with enthusiasm after its AI-based ‘ischemia or not’ diagnostic algorithm achieved a sensitivity of 85% and specificity of 78% in the ‘EMView’ pre-validation trial.

EMVision closed at $1.74.

In the Red

Resimac Group (ASX:RMC) closed down 4.1% on news ASIC has commenced civil penalty proceedings against the non-bank lender. The regulator is alleging contraventions in relation to hardship notices under the National Consumer Credit Protection Act.

Resimac closed at $81.5 cents.

James Hardie (ASX:JHX) finished down 6.1% on release of the company’s quarterlies. The company booked a 1% decline in net sales, to US$3.87 billion, and a 17% drop in net profit, to US$424 million.

James Hardie closed at $36.11.

And, Mayne Pharma (ASX:MYX) closed down 29.8% as U.S.-based Cosette flagged it may walk away from a proposed $672M takeover of Mayne.

Mayne Pharma closed at $4.55.

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Wednesday’s HotCopper trends: Catalyst raise, Cosette puts Mayne on ice | May 21, 2025 https://themarketonline.com.au/wednesdays-hotcopper-trends-catalyst-raise-cosette-puts-mayne-on-ice-may-21-2025-2025-05-21/ Wed, 21 May 2025 02:25:47 +0000 https://themarketonline.com.au/?p=754745 The ASX 200 has been up 0.85% at 8,415 points.

Catalyst Metals (ASX:CYL) has been the most watched company on the HotCopper forums this morning after it entered a trading halt pending the announcement of a capital raise.

Catalyst Metals has been selling at $6.64/sh.

Whitecliff Minerals (ASX:WCN) has also been trending after its Rae Project delivered additional copper results with 90 metres at 4% Cu from surface. The results confirm continuity of shallow, high-grade copper mineralisation at the Danvers prospect.

Whitecliff has been 3.1cps.

And, finally, Mayne Pharma (ASX:MYX) has been closely watched after rejecting suitor Cosette Pharmaceutical’s claim that a material adverse change occurred regarding their proposed acquisition scheme. The two companies will consult for up to 10 days before any move to put the deal on ice.

Mayne Pharma has since been down 30%, at $4.53.

Join the discussion: See what’s trending right now on Australia’s largest stock forum and be part of the conversations that move the markets.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

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ASX Market Close: RBA cut sparks inflation fears | May 20, 2025 https://themarketonline.com.au/asx-market-close-rba-cut-sparks-inflation-fears-may-20-2025-2025-05-20/ Tue, 20 May 2025 06:53:20 +0000 https://themarketonline.com.au/?p=754599 The ASX200 closed up 0.58% at 8.343 points after the RBA cut rates by 25 basis points.

IT was the best performing sector, up 2.3%, followed by Real Estate, up 1.4%, and Telecommunications, up 1.2%.

Utilities was only substantial loser, down 0.55%.

In the Green

PainChek (ASX:PCK) closed up 4.55% on the appointment of Nick Garofoli as head of business development for the United States.

PainChek closed at 4.6 cents.

True North Copper (ASX:TNC) closed up 11.6% after completing its reverse-circulation drilling program at the Great Australia Mine complex, part of the Cloncurry Copper Project in Queensland, and has commenced a new regional exploration drilling campaign at Mt Oxide.

True North Copper closed at 24 cents.

Brazilian Rare Earths (ASX:BRE) closed up 1.0% after inking a strategic partnership with Senai Cimatec, a Brazilian research and education institution, to jointly develop a laboratory and pilot plant facility in Brazil.

Brazilian Rare Earths closed at $1.90.

In the Red

Kogan (ASX:KGN) closed down 8.8% as investors responded negatively to reported strong sales growth and profitability for the four months ended April 30, supported by significant marketing investments.

Kogan closed at $4.12.

Chimeric Therapeutics (ASX:CHM) closed down 37% on news of a $6.6 million two-tranche placement aimed at advancing its clinical trial pipeline.

Chimeric Therapeutics closed at $0.005.

OFX Group (ASX:OFX) closed down 34.6% on release of its full-year results for the year ended March 31, reporting revenue of $221.9 million, down 3.4% year-on-year (1% on a constant currency basis), reflecting continued resilience in a challenging macroeconomic environment.

OFX Group closed at 86 cents.

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Tuesday’s HotCopper trends: Kingston sells Misima project, Kooneberry’s drill disappoints | May 20, 2025 https://themarketonline.com.au/tuesdays-hotcopper-trends-kingston-sells-misima-project-kooneberrys-drill-disappoints-may-20-2025-2025-05-20/ Tue, 20 May 2025 01:47:31 +0000 https://themarketonline.com.au/?p=754566 The ASX200 has been up 0.65% at 8350 points.

Kingston Resources (ASX:KSN) has been the most watched on HotCopper this morning on news it will sell the Misima Gold Project to Ok Tedi Mining for $95 million.

Kingston Resources has been up 19.5% at 11 cents.

Kooneberry Gold (ASX:KNB) has also been trending after the company returned 149.5 metres @ 0.94 grams per tonne of gold from its fourth drillhole at its Enmore Project in New South Wales.

Kooneberry Gold has been 6.3 cents.

And, finally Brighstar Resources (ASX:BTR) has shed 2.8% after picking up a gold intercept grading 16 metres at 8 grams per tonne (g/t) through infill and extensional drilling at its Yundaga deposit in Western Australia.

Brighstar Resources has been 68.5 cents.

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Celsius Resources kick-starts MCB project with $10m injection https://themarketonline.com.au/celsius-resources-asx-aim-cla-kick-starts-mcb-project-with-10m-injection-2025-05-20/ Mon, 19 May 2025 23:34:58 +0000 https://themarketonline.com.au/?p=754479 Executive Director of Celsius Resources (ASX/AIM: CLA), Mark van Kerkwijk joined The Market Online to discuss CLA’s positive update around the company’s phillipines based MCB Copper-Gold project.

Join the discussion. See what HotCopper users are saying about Celsius Resources (ASX/AIM: CLA) and be part of the conversations that move the markets.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

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ASX Market Close: Index drifts on eve of RBA rate decision | May 19, 2025 https://themarketonline.com.au/asx-market-close-index-drifts-on-eve-of-rba-rate-decision-may-19-2025-2025-05-19/ Mon, 19 May 2025 06:58:52 +0000 https://themarketonline.com.au/?p=754476 The ASX200 closed down 0.58% at 8,295 points.

Energy was the worst performing sector, down 1.8%, followed by Materials, down 1.5%, and Real Estate, down 1.6%.

Lumos Diagnostics (ASX:LDX) closed after securing Medicare reimbursement coverage for its FebriDx test from a fifth administrative contractor, WPS Health Solutions in the United States.

Lumos Diagnostics closed at 2.7 cents.

Trigg Minerals (ASX:TMG) announced it has acquired 49 unpatented lode mining claims covering the strategic Antimony Canyon Project (ACP) in Utah, USA, currently the largest and highest-grade antimony project in the United States.

Trigg Minerals closed at 3.9 cents.

Lendlease (ASX:LLC) has confirmed the sale of its UK development assets into a 50/50 joint venture (JV) with The Crown Estate. The sale includes six of Lendlease’s UK development projects, comprising land holdings and capital efficient land management agreements.

Lendlease closed at $5.51.

Anson Resources (ASX:ASN) closed down 1.8% after receiving unanimous approval to amend its royalty rate from a flat 5% to a scaled rate of 1% – 5% on first marketable product.

Anson Resources closed at 5.4 cents.

Dateline Resources (ASX:DTR) closed down 5.1% after sharing the company’s current cash position stands at approximately $1.95 million, including about $1.1 million raised from the exercise of options. The funds will be used to advance its Gold-REE project in California.

Dateline Resources closed at 3.7 cents.

Arizona Lithium (ASX:AZL) closed down 22.2% on approval for its Phase 1 production at the Prairie Lithium Project in Canada. This represents one of the first lithium brine projects in North America to be approved for initial production.

Arizona Lithium closed at $0.007.

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Monday’s HotCopper trends: White Cliff’s raise, Anson’s royalty win | May 19, 2025 https://themarketonline.com.au/mondays-hotcopper-trends-white-cliffs-raise-ansons-royalty-win-may-19-2025-2025-05-19/ Mon, 19 May 2025 02:19:28 +0000 https://themarketonline.com.au/?p=754458 The ASX200 has been down 0.15% at 8331 points.

White Cliff Minerals (ASX:WCN) has been the among the most watched on HotCopper so far today after raising $14.4 million at an average 29% premium to market close. The raise was cornerstoned by the company’s strategic advisor, John Hancock.

White Cliff Minerals has been 2.9 cents.

Talga Resources (ASX:TLG) has also been trending after entering a trading halt pending an announcement regarding a capital raise.

Talga Resources has been halted at 47 cents.

And, finally Anson Resources (ASX:ASN) after receiving unanimous approval to amend its royalty rate from a flat 5% to a scaled rate of 1% – 5% on first marketable product.

Anson Resources has been 5.2 cents.

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ASX Market Close: IT stocks lead index higher | May 15, 2025 https://themarketonline.com.au/asx-market-close-it-stocks-lead-index-higher-may-15-2025-2025-05-15/ Thu, 15 May 2025 06:46:47 +0000 https://themarketonline.com.au/?p=754192 The ASX200 closed up 0.22% at 8,297 points.

IT was the best performing sector, up 2.0%, followed by Financials, up 1.1%, and Discretionary, up 1%.

Real Estate was the worst performing sector, down 1.3%, followed by Energy, down 1.1%, and Materials, down 0.9%.

In the Green

Peak Rare Earths (ASX:PEK) closed up 166% on  news of its acquisition by Chinese company Shenghe Resources. The deal values Peak at approximately $150 million.

Peak Rare Earths closed at 32 cents.

Brightstar Resources (ASX:BTR) closed up 12.8% after launching a second processing campaign kicked off in collaboration with Genesis Minerals(ASX: GMD).

Brightstar Resources closed at 61.5 cents.

Amplia Therapeutics (ASX:ATX) has popped over +40% in lunchtime trades as the company reports its products provide superior outcomes when coupled with chemotherapy, at least in one ‘ACCENT’ trial announced on Thursday.

Amplia Therapeutics closed at 7 cents.

In the Red

Newmont (ASX:NEM) closed down 3.98% as investors respond to a fall in the gold price overnight. Traders risk appetite has improved, and safe-haven demand has reduced. 

Newmont closed at $74.73.

Treasury Wine Estates (ASX:TWE) closed down 5.1% as the company switches up its CEO. Current CEO Tim Ford is set to be replaced by Sam Fischer in October.

Treasury Wine Estates closed at $8.65.

Greenvale Energy (ASX:GRV) closed down 4.1% on reported multiple uranium anomalies across its key Northern Territory projects.

Greenvale Resources closed at 4.6 cents.

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Thursday’s HotCopper trends: Mesoblast’s FDA tick, Anson’s green light | May 15, 2025 https://themarketonline.com.au/thursdays-hotcopper-trends-mesoblasts-fda-tick-ansons-green-light-may-15-2025-2025-05-15/ Thu, 15 May 2025 02:04:02 +0000 https://themarketonline.com.au/?p=754160 The ASX200 has been trading flat at around 8,280 points.

Mesoblast (ASX:MSB) has been the most watched on HotCopper so far today on news it’s received seven years of orphan-drug exclusive approval from the U.S. Food and Drug Administration.

Mesoblast has been $1.74.

WA1 Resources (ASX:WA1) has also been trending after Project Lumi’s assay results from resource definition drilling across the west of Luni achieved the best results to date.

WA1 Resources has been $12.28.

And, finally Anson Resources (ASX:ASN) has received the green light to commence a drilling program at its Green River Lithium Project (Project) in south-eastern Utah, USA.

Anson Resources has been 5.3 cents.

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Friday’s HotCopper Trends: Orthocell ramps up, Australian Vanadium advances project | May 8, 2025 https://themarketonline.com.au/fridays-hotcopper-trends-orthocell-ramps-up-australian-vanadium-advances-project-may-8-2025-2025-05-09/ Fri, 09 May 2025 02:57:54 +0000 https://themarketonline.com.au/?p=753633 The ASX200 has been up 0.45% at around 8,230 points.

Orthocell (ASX:OCC) has been the most watched on HotCopper so far today, after appointing 12 distributors across 21 states in the U.S. The development is well ahead of expectations and the distributors hold direct relationships with surgeons and hospitals.

Orthocell has been $1.39.

 Australian Vanadium (ASX:AVL) has also been trending on news Project Lumina has improved its competitiveness. The company’s work with contractors has advanced design and costing for the project.

Australian Vanadium has been 1.2 cents.

And, finally Forrestania Resources (ASX:FRS) has confirmed the 1m results from the second phase of drilling at its Ada Ann prospect at the Bonnie Vale Project, near Coolgardie, in Western Australia’s prolific Eastern Goldfields.  

Forrestania Resources has been 4.8 cents.

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