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Closing Bell: Downgrades, sell offs and shutdowns hobble ASX gains

Closing Bell: Downgrades, sell offs and shutdowns hobble ASX gains

Broker downgrades, insider selling and operational setbacks left investors with few reasons to chase today’s market.

 
Resources Top 5: CGN to drill between Genesis, Vault assets, Noronex acquiring US tin project

Resources Top 5: CGN to drill between Genesis, Vault assets, Noronex acquiring US tin project

CGN Resources to drill targets near Genesis and Vault gold ground in Leonora; Noronex acquiring high-grade US tin project.

 
Family home exemption for age pension could be tax target

Family home exemption for age pension could be tax target

Including the value of the family home in the pension assets test could help save $10bn, says a report that chimes with government policy.

 
Microsoft calls for government fund to power Australia’s AI boom

Microsoft calls for government fund to power Australia’s AI boom

Microsoft has staked $30bn on Australia’s AI future but says the nation’s creaking power grid could derail the tech investment boom.

 
Delorean banks $1.66m ARENA grant payment for SA1 Salisbury bioenergy facility

Delorean banks $1.66m ARENA grant payment for SA1 Salisbury bioenergy facility

The payment, excluding goods and services tax, takes total grant payments received under the agreement to $5.46m.

 
Waratah breaks bounds at Spur with broad, high-grade gold outside Consols envelope

Waratah breaks bounds at Spur with broad, high-grade gold outside Consols envelope

Results are from five holes in an 80,000m growth and extensional drilling campaign designed to define the scale of the broader Spur gold-copper system.

 

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