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Shares of James Hardie Industries (ASX:JHX) plunged 10.3% on Monday to AU$42, marking their lowest level in more than four months. The sharp decline came in response to the company’s announcement of an $8.75 billion acquisition of AZEK Company, a move that has sparked …
Image source: ShutterstockHighlightsEmerald Resources shares fell over 8% to AU$3.81 following a production update.Q3 FY25 gold production is expected to be around 20,000 ounces, missing the 25,000–30,000 ounce guidance.Operational challenges at the Okvau Gold Mine in Cambodia impacted production, while all-in sustaining costs (AISC) …
Image source: ShutterstockHighlightsMt Malcolm Mines confirms gold grades averaging 3 g/t, with peak values reaching 42.74 g/t at its Golden Crown prospect.48 grab samples from 2,400 wet metric tonnes (WMT) of stockpiled mineralised material indicate economic gold potential.The discovery presents a near-term cash flow …
Image source: ShutterstockHighlightsPatronus Resources acquires a 7.73% stake in Emmerson Resources for AU$5.406 million, purchasing 49.14 million shares at AU$0.11 each.The investment aims to advance gold and copper exploration in the Tennant Creek region of the Northern Territory.Emmerson’s portfolio includes 866,000 ounces of gold, …
Image source: ShutterstockHighlightsStock Rises:Brickworks shares climb 2% to AU$24.42 after half-year results announcement.Mixed Financial Performance:Revenue drops 6% to AU$516 million, but underlying EBITDA surges 472% to AU$148 million, driven by a Property segment turnaround.Dividend Growth Continues:Interim dividend increases by 4% to 25 cents per …
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