US equities rallied overnight on reports of near-record profits from the major banks and a lower-than-expected US Consumer Price Index (CPI) data, with the momentum flowing through to the Australian market. The S&P/ASX 200 spiked 128.20 points, or 1.56%, to 8,341.50 points as of 10.30am AEDT. Over the last five days, the index is virtually […]
Novo Resources (ASX:NVO) has transitioned its trading platform from the OTCQX to the OTCQB market in the US. The company is now trading on the OTCQB under the ticker symbol NSRPF. Novo Resources says this transition reflects the company’s evolving strategic priorities while continuing to provide an opportunity for increased engagement with the US investment […]
Trigg Minerals (ASX:TMG) has begun the application process for relisting on the OTCQB Venture market. The OTCQB is a mid-tier OTC equity market which primarily lists early stage and developing companies in the US and internationally. The antimony explorer has sought relisting, which is expected to take between three to five weeks. US-based merchant bank […]
Eagle Mountain Mining (ASX:EM2) has added a strategic land package to the Wedgetail Copper Project in Arizona, US. In February 2024, the company exercised a first right of refusal to purchase 15 acres of the Cochise patented claim adjacent to its existing patented claims. Under the acquisition, Eagle Mountain paid US$325,000 ($519,734), comprising a US$200,000 […]
Battery materials and technology company Novonix (ASX:NVX) has received a conditional commitment from the US Department of Energy or a direct loan of up to US$754.8 million ($1.185 billion) to partially finance a proposed new facility in Chattanooga, Tennessee. The proposed financing is being offered under the department’s Loan Programs Office’s Advanced Technology Vehicles Manufacturing […]
Astute Metals (ASX:ASE) has identified new zones of lithium mineralisation at the Red Mountain Lithium Project in the US, after receiving the first assays from an inaugural diamond drilling program. The first diamond drillhole intersected 25.9m @ 1,530 parts per million (ppm) lithium, including 13.1m @ 1,820ppm lithium, as well as 7.3m @ 1,350ppm lithium. […]
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