ResMed (ASX:RMD) shares have climbed 7 per cent following a strong performance as revealed in the company’s Third Quarter FY2024 results. ResMed is a global leader in digital health technologies and cloud-connected medical devices, which focus on improving care for individuals with sleep apnea, COPD and other chronic diseases. The company’s broad global presence across multiple markets played a key role in helping to drive the quarter’s performance. “Over 2 billion people worldwide can benefit from a ResMed solution to help them sleep better, breathe better, and receive best-in-class healthcar ..read more

The ASX200 is trading down around 1.1% with all eleven sectors in the red. Real-estate has fallen the most, down 1.86%, Industrials follow, shedding around 1.7%. Company News BHP BHP Group (ASX: BHP) has fallen 4.5% to $43.19. after it confirmed its takeover offer to fellow mining giant Anglo American. This followed press speculation of a potential deal which had unsettled shareholder groups and financial firms in London and provoked criticism from South Africa’s Minister of Mineral Resources. CC9 Chariot Corporation (ASX: CC9) is up on its quarter one results for FY2024. The Company announced ..read more

WA1 Resources (ASX:WA1) has seen its shares jump nearly 1.5% to $17.87 after it announced its latest niobium assay results on Friday. High-grade intercepts have led company geotechs to state that its Luni target of interest has now expanded eastward with intercepts in that direction suggesting mineralisation stretches outwards. The company has been of strong interest on investors’ radars partially driven by the critical minerals and REE thematic, and partially driven by performance – WA1 shares are up an impressive 890% YoY. This time last year, WA1 shares were less than $3/sh – underscoring s ..read more

Only a month after shares soared following a US proposal to throw US$600M at the project, Australian Strategic Materials (ASX:ASM) has received similar interest from Canada. Export Development Canada (EDC), Canada’s official export credit agency, has ultimately said it’s not unwilling to consider throwing A$400M at Dubbo itself. ASM shares were up 3.5% to $1.03/sh heading into the second hour of trade. That possible funding decision from EDC came by way of a letter of interest (LOI) and is entirely separate to already-existing interest from the USA. (Notably, ASM teamed up with US Rare Earths ..read more

US-focused lithium explorer Chariot Corporation Ltd (ASX: CC9) has had a busy first quarter, confirming high grade spodumene at flagship Wyoming play Black Mountain, through the first round of drilling there, and expanding the project’s tenure area with the addition of claims which account for a 206 percent increase. Chariot kicked off drilling at Black Mountain in November and reported the finds at its first three holes in February, with assays including 15.48 metres at 1.12 percent lithium oxide (Li2O) and 79 parts per million (ppm) tantalum pentoxide (Ta2O5) from 2.74 metres, including 4.27 ..read more

“We understand that a deferral to a DFS is usually considered a negative matter, but in this case, we consider it to be for a positive result.” These were the words European Metals’ (ASX:EMH) executive chair Keith Coughlan told investors on Friday upon announcing the company had selected a new site for its Czech battery metals play. That project, called Cinovec – held in a 49/51 JV with Skupina ČEZ, that entity being the majority holder – is now to be located on-site the same land holding the Czech Prunéřov Power Station. That coal powered plant, once the largest in the Czech republic, was lar ..read more

BHP Group Ltd (ASX: BHP) has today confirmed its offer to takeover fellow mining giant Anglo American plc, following press speculation of a potential deal which had unsettled shareholder groups and financial firms in London, and provoked criticism from a South African government minister. In early trade BHP was almost 4 per cent down on the ASX at $43.4. In its statement to the Australian Stock Exchange, BHP acknowledged its proposal to Anglo American’s board of directors on April 16 to combine the two companies through a scheme of arrangement. According to this deal, the company would obtain ..read more

Raiden Resources (ASX:RDN) has announced its key target areas for upcoming drilling have been OK’d by an Indigenous heritage survey. An indication of total lack of cultural sites at Andover South was confirmed on Friday. Meanwhile, the company is now planning an exploration program at Andover North after receiving results for that asset. While the company described reports as “preliminary,” management is in receipt of documentation for both Andover North and South respectively. Final iterations are expected in the coming weeks “from where [Raiden] will … provide a timeline for drilling.” The c ..read more

Australian bond yields are up and interest rate cuts have been all but ruled out for the year. Some analysts are even tipping we could be in for a rate ‘hike’, as the reduction in inflation hasn’t been strong enough. Futures have been suggesting the ASX200 will slip by around a third of a per cent this morning. On US markets, Alphabet announced its first dividend and the stock has overnight notched a new trading record, while Microsoft thanked AI for its 20% first quarter profit growth. Those companies provided a bright spark, amid wider economic data revealing inflation was higher than expect ..read more

While that’s the title for this HotCopper and The Market Online webinar, the conversation goes much deeper – exploring everything from projections on aluminium & manganese, to what a Donald Trump government could mean for these commodities. Hear from: HotCopper and The Market Online contributor, Kingsley Jones, the founder of Sydney-based boutique investment house Jevons Global; Iggy Tan, the non-executive chair of Lithium Universe (ASX:LU7) which is looking to set up a lithium hub in Quebec, to serve the North American market; Warrick Clent, chief operating officer for Raiden Resources (A ..read more