Legal proceedings against rutile miner Sierra Rutile (ASX: SRX) in 2018 are to finally reach a conclusion with the High Court of Sierra Leone ruling against the producer, ordering the company to pay USD $1.16 million (approx. AUD $1.8m) to Transcend International Resources. The judgement ruled in favour of Transcend which lodged a claim totalling
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The XJO is expected to edge higher on open this morning following a strong move up in the U.S on Friday. Their futures are in the red this morning which may help explain our relative muted open despite their renewed confidence on Friday. We should retest 7,000 open, a level of resistance our market has
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According to UBS, 3.16 billion people cannot reach a healthcare facility by foot within an hour, with many battling with poverty and inaccessibility to resources. But what if people didn’t have to delay? What if they could use a microchip to diagnose, monitor and upload their data, which a doctor could digitally survey? That’s the
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The average Australian’s home-owning dream is all but out of reach, with rising interest rates being dubbed more persistent than ever. Home values are increasing, as are financial pressures. For property and real estate companies like REA Group (ASX: REA), this has meant dwindling consumer confidence. In Q1 FY24, REA saw a modest 1% increase
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Financial services company Centrepoint Alliance Limited (ASX: CAF) is set to acquire Brisbane-based financial advice firm Financial Advice Matters (FAM). The $10 million acquisition of FAM is forecasted to add significant revenue to Centrepoint, expand its team of salaried financial advisers to 19, and create a financial advice group with the scale to expand in
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From JW Marriott’s Gold Coast Spa to Curtin University’s computer lab, Sydney-based national fit-out and construction services specialist SHAPE Australia (ASX: SHA) has worked on about 7,000 projects raking in $9 billion. In keeping with that, the Company has kicked off FY24 strongly, with more project wins across its core business and three growth and
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In a story-line fit for a video game, gaming company Mighty Kingdom (ASX: MKL) is set for a drama-packed AGM on November 29 with the Company’s largest shareholder Shane Yeend utilising his massive social network to highlight Mighty Kingdom’s dire financial situation in order to have current Chairperson, Michelle Guthrie, ousted. In a LinkedIn post
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In May 2023, diversified digital health company Vitura Health (ASX: VIT) announced a joint venture with Canadian psychedelic company PharmAla Biotech, giving birth to its Melbourne-based psychedelics arm, Cortexa. Providing an update on the 50-50 venture, the Company has noted an “Australian first” win. Its MDMA bulk GMP (good manufacturing practice) Active Pharmaceutical Ingredient (API)
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Aussie CleanTech company Parkway Corporate (ASX: PWN) and Australian clean energy development firm Energy Estate have entered into a strategic partnership to advance sustainability initiatives in regional Queensland. The partnership seeks to leverage the strengths of both organisations to address several vital opportunities. Key focus areas include renewable energy, green chemicals, and waste disposal, with
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The world could soon be one step closer to a preventative for Dengue fever with Island Pharmaceuticals (ASX: ILA), an Australian antiviral drug development company obtaining Human Research Ethics Committee (HREC) approval to initiate its human trials for drug ISLA-101. This step of the regulatory approval framework is a significant step forward in the Company’s
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