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UBS Upgrades Rating:UBS has upgraded Mineral Resources from 'sell' to 'buy', citing undervaluation and potential upside amid iron ore and spodumene pricing.
Canadian Policy Exemption:Paladin Energy has been granted an exemption from Canada's Non-Resident Ownership Policy (NROP), allowing the company to maintain 100% ownership of the Patterson Lake South (PLS) uranium project.
Dual Acquisition Proposals:Smartpay Holdings has received non-binding offers from Tyro Payments and U.S.-based Shift4, each aiming to acquire 100% of the company's shares.
Strategic Merger:Ramelius Resources to acquire Spartan Resources, forming a leading mid-tier Australian gold producer valued at AU$4.2 billion.
Leadership Transition:Andrew Auerbach, a seasoned Canadian banker, is set to join NAB as Group Executive of Business & Private Banking, succeeding Rachel Slade.
Shares of Rio Tinto Ltd (ASX: RIO) traded higher on Friday, climbing 1.5% to AU$117.74 in morning trade, compared to the S&P/ASX 200 Index’s (ASX: XJO) 0.2% gain. The rise follows a 1.5% overnight increase in iron ore prices to US$102.20 per tonne, coupled …
<h3 style="text-align: center;" data-start="100" data-end="125"><span style="font-size: 10pt;"><em><strong data-start="104" data-end="123">Image source: Shutterstock</strong></em></span></h3> <blockquote> <h3 data-start="100" data-end="125"><strong data-start="104" data-end="123">Highlights</strong></h3> <ul data-start="126" data-end="448"> <li data-start="126" data-end="224">Pinnacle shares rise nearly 2% to AU$18.26 following a major investment announcement.</li> <li data-start="225" data-end="353">Korea’s National Pension Service (NPS) and Townsend Group …
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