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Encounter Resources Ltd (ASX:ENR) has reported a significant milestone in the development of its Aileron niobium project in Western Australia, delivering a maiden inferred mineral resource estimate (MRE) of 19.2 million tonnes at 1.74% niobium pentoxide (Nb₂O₅), based on a 1.0% cut-off grade. The …
Woodside Energy Ltd (ASX:WDS) has signed a non-binding collaboration agreement with Saudi energy giant Aramco, paving the way for joint exploration of global energy opportunities, including a potential equity investment and LNG offtake from Woodside’s flagship Louisiana LNG project. The agreement also opens the …
The Australian Securities and Investments Commission (ASIC) has launched legal proceedings against Macquarie Securities (Australia) Limited (MSAL), alleging that the firm engaged in misleading conduct by misreporting millions of short sales to the market operator over a 14-year period. In documents filed with the …
While shareholders of Bendigo and Adelaide Bank Limited (ASX:BEN) may be concerned by the recent 14% decline in the company’s share price over the last quarter, the broader picture remains positive. Over the past five years, the stock has more than doubled, delivering a …
Commonwealth Bank of Australia (ASX:CBA), the nation's largest lender, has reported a 6% increase in unaudited cash profit for the third quarter ended 31 March, driven by higher lending volumes and encouraging trading income. The bank delivered a $2.6 billion cash profit for the …
US private equity giant Bain Capital has pulled out of its bid to acquire Australian wealth management firm Insignia Financial (ASX:IFL), citing heightened volatility in global capital markets as a key factor behind the decision. Bain's exit from the process ends a months-long pursuit …
Wisetech Global Ltd (ASX:WTC) has delivered a standout performance on the ASX today, significantly outpacing the broader market as well as many of its tech peers. The logistics software provider's stock opened this morning at $102.66—well above yesterday’s close of $97.68—and continued its upward …
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