Sydney, Aug. 23, 2022 (GLOBE NEWSWIRE) -- Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:
Corazon Mining Ltd (ASX:CZN) has intersected favourable rock types with low-levels of nickel and copper sulphide mineralisation from drilling at its flagship project, the 100%-owned Lynn Lake Nickel-Copper-Cobalt Sulphide Project in the province of Manitoba, Canada. Click here
Magmatic Resources Ltd (ASX:MAG) has intercepted visible copper sulphide mineralisation from drilling at the Corvette prospect, part of its 100%-owned Myall Project, making the project a potentially significant copper-gold discovery. Click here
Midas Minerals Ltd has inked an option agreement with Carnavale Resources Ltd (ASX:CAV) to purchase the 48-square-kilometre Barracuda nickel-copper-platinum group element (PGE) project (licence E58/551) in Western Australia, host to part of the Wondinong PGE target zone which also shares ground with Midas’ Challa Project. Click here
Australian Vanadium Ltd (ASX:AVL) has embarked on a new diamond drilling program to support a resource update at its namesake vanadium play in Gabanintha, WA. Click here
St George Mining Ltd (ASX:SGQ) has completed its maiden diamond drilling program at the Paterson Project in the East Pilbara region of Western Australia, discovering the potential for a large mineral system at the project. Click here
Rumble Resources Ltd (ASX:RTR) has intersected significant zones of zinc-lead sulphides from drilling at the western extension of the Earaheedy project's Chinook zinc-lead deposit in Western Australia, expanding the growth potential of the project. Click here
GTI Energy Ltd (ASX:GTR) has all the necessary permits and bonds in place to kickstart drilling at its Great Divide Basin in-situ recovery (ISR) uranium project in Wyoming. Click here
Hartshead Resources NL (ASX:HHR) has inked a deal with global oil titan Shell to complete a three-month engineering study for its phase one gas field development. Click here
Horizon Minerals Ltd (ASX:HRZ) has welcomed promising new gold drilling results from its 100%-owned Binduli and Black Flag project areas, which lie 5 kilometres west and 30 kilometres northwest respectively of Kalgoorlie-Boulder in the heart of the Western Australian goldfields. Click here
Provaris Energy Ltd (ASX:PV1) has attracted the award of major project status for the Tiwi H2 Project from the Northern Territory Government, having been recognised for its significance and economic benefit to the Territory and the traditional owners of the Tiwi Islands. Click here
Jindalee Resources Ltd (ASX:JRL) continues to keep the drill bit spinning at targets across the McDermitt Lithium project in Oregon, USA. Click here
FYI Resources Ltd (ASX:FYI) has appointed global engineering firm Hatch Ltd to work on its jointly developed high purity alumina (HPA) project. Click here
Carnavale Resources Ltd (ASX:CAV) has inked an option agreement for the sale of its Barracuda nickel-copper-platinum group element project licence, near Mt Magnet in WA, with Midas Resources (ASX:MDS) Ltd. Click here
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(Bloomberg) -- Amazon.com Inc., determined to reduce the size of its sprawling delivery operation amid slowing sales growth, has abandoned dozens of existing and planned facilities around the US, according to a closely watched consulting firm. Most Read from BloombergAmazon Closes, Abandons Plans for Dozens of US WarehousesGazprom Won’t Reopen Gas Pipeline in Energy Shock to EuropeStocks Suffer Third Weekly Loss on Rate-Hike Woes: Markets WrapLukoil Chairman Ravil Maganov Dies After Falling From
Five years after Amazon announced that it would buy supermarket chain Whole Foods for $13.7 billion, a big new change has just taken place -- on September 1, incoming chief executive Jason Buechel is taking over for John Mackey. "As a co-founder of Whole Foods, I've often explained my relationship to the company with a parent-child metaphor," Buechel wrote in a letter announcing his retirement to Whole Foods Staff in September 2021. The transition took nearly a year and, now, former Chief Operating Officer Jason Buechel is stepping in to lead the high-end supermarket chain.
While more than three in 10 U.S. retirees say they would be motivated to rejoin the workforce if inflation continued to eat into their savings, 43% of retirees see their age as a barrier to getting a new job. According to an American Staffing Association survey, the fear of ageism poses a barrier to retirees contemplating un-retirement. Overall, 14% of current retirees said they are open to or actively looking for work.
(Bloomberg) -- The US government’s new restrictions on the ability of Nvidia Corp. to sell artificial intelligence chips to Chinese customers threatens to deal a heavy blow to the country’s development of a sweeping range of cutting-edge technologies.Most Read from BloombergAmazon Closes, Abandons Plans for Dozens of US WarehousesGazprom Won’t Reopen Gas Pipeline in Energy Shock to EuropeStocks Suffer Third Weekly Loss on Rate-Hike Woes: Markets WrapLukoil Chairman Ravil Maganov Dies After Falli
Yahoo Finance's Pras Subramanian reports live from Rivian's first, newly opened service center on the East Coast on how the company plans to expand across the U.S. by 2023.
Yahoo Finance Live anchors discuss Ford after the company reported a slowdown in new vehicle sales for August.
SEOUL/DETROIT (Reuters) -After grabbing the No. 2 spot in the U.S. electric vehicle market with stylish, long-range models, Hyundai Motor and Kia are the automakers with the most to lose from new rules that halt subsidies for EVs made outside North America. These two companies, which make the popular Ioniq 5 and EV6 models, sold more than 39,000 EVs in the United States between January and July – doubling last year's sales and blowing past Ford Motor Co, Volkswagen AG and General Motors Co. But the Inflation Reduction Act signed into law by U.S. President Joe Biden last month excludes Hyundai Motor Co and its affiliate Kia Corp from federal tax credits because they don't yet make EVs in North America, knocking their EV ambitions in the short term at least, a Hyundai official, parts suppliers, analysts and car dealers said.
Russia has scrapped a Saturday deadline to resume flows via a major gas supply route to Germany, deepening Europe's difficulties in securing winter fuel, after saying it had found faults in the Nord Stream 1 pipeline during maintenance. Nord Stream 1, which runs under the Baltic Sea, had been due to resume operating at 0100 GMT on Saturday after a three-day halt for maintenance. But Gazprom, the state-controlled firm with a monopoly on Russian gas exports via pipeline, said on Friday it could not safely restart deliveries until it had fixed an oil leak found in a vital turbine.
Artist and independent Kyle McDonald said on CoinDesk TV’s “First Mover,” the possibility Ethereum’s Merge will reduce energy costs by 99.95% is “highly realistic.”
(Bloomberg) -- 3M Co. should be blocked from spinning off its health care business and paying shareholder dividends in order to preserve money that soldiers suing the industrial conglomerate expect to win, according to a new federal lawsuit.Most Read from BloombergAmazon Closes, Abandons Plans for Dozens of US WarehousesGazprom Won’t Reopen Gas Pipeline in Energy Shock to EuropeStocks Suffer Third Weekly Loss on Rate-Hike Woes: Markets WrapLukoil Chairman Ravil Maganov Dies After Falling From Ho
Billionaire money managers have used the sizable market downturn to buy these seven stocks at a perceived discount.
The Nord Stream 1 pipeline that transports Russian gas to Germany will undergo further maintenance, Gazprom said on Friday after scrapping a Saturday deadline to resume flows, deepening Europe's difficulties in securing fuel. Gazprom was already undergoing maintenance from Aug. 31-Sept. 2, prompting concerns about supply to Europe ahead of the onset of winter if the outage was extended. Russia slashed flows through the pipeline to 40% of capacity in June and to 20% in July.
President of the Association of Flight Attendants CWA Sara Nelson joins Yahoo Finance Live to discuss the August jobs report and how it affects the airline industry, grappling with labor shortages, travel demand, flight delays and cancellations.
The U.S. Labor Department alleges the bank fired a senior manager after the person reported concerns about falsified customer information, price-fixing and interest-rate collusion.
(Bloomberg) -- As summer winds down and the holiday season nears, California’s $1 billion walnut industry is gearing up for its busiest shipping season. The problem is getting nuts out the door. Most Read from BloombergAmazon Closes, Abandons Plans for Dozens of US WarehousesGazprom Won’t Reopen Gas Pipeline in Energy Shock to EuropeStocks Suffer Third Weekly Loss on Rate-Hike Woes: Markets WrapLukoil Chairman Ravil Maganov Dies After Falling From Hospital WindowElizabeth Holmes Judge Upholds Co
Chancellor Kathaleen McCormick will hear arguments Tuesday on a range of issues, including whether allegations from a whistleblower complaint can be added to the billionaire’s countersuit.
HOUSTON (Reuters) -Exxon Mobil Corp and Shell Plc on Thursday confirmed the sale of their California oil joint-venture Aera to German asset manager IKAV for $4 billion, ending a 25-year-long partnership that was one of the state's largest oil producers. The sale reflects the two companies move out of mature energy properties at a time when high oil and gas prices favor new deals.
J.P. Morgan analyst Jeffrey Zekauskas downgraded chemical producers Dow and LyondellBasell to Neutral from Overweight.
The Beverages - Alcohol industry looks poised to gain from strong on-premise and off-premise demand, recovery in Travel Retail, innovation, and premiumization despite supply-chain disruptions. Players like DEO, BUD, STZ and BF.B will likely capitalize on the trends.
Amid high inflation and worries over a more severe recession, bank stocks have not fared well this year. As the largest bank by assets in the U.S., JPMorgan Chase (NYSE: JPM) has not been spared. With the Federal Reserve still aggressively raising interest rates and a lot of economic uncertainty still in the environment, is JPMorgan Chase stock a buy?