23 Oct 2020 - The Australian share market managed to close 0.1 per cent down. Iluka Resources (ASX:ILU) saw a sharp drop in their shares today thanks to the spin-off of its royalties business, the Deterra Royalties (ASX:DRR). CIMIC Group’s (ASX:CIM) minerals processing company, Sedgman, has been awarded two contract extensions by QCoal.
23 Oct 2020 - The ASX was choppy at the open and is now tracking 0.3% lower at noon. Miners weighed on the market with Iluka (ASX:ILU), Sandfire (AXS:SFR) and Resolute (ASX:RSG) all seeing a dip in their shares. Iluka has decided to create Australia's largest resource royalties company in Deterra Royalties (ASX:DDR) from a de-merger. Meanwhile, shares in Bluescope Steel (ASX:BSL) did well today. Austal (ASX:ASB) has entered into an agreement to acquire Australian-based BSE Maritime Solutions Group.
23 Oct 2020 - Qantas (ASX:QAN) CEO Alan Joyce says in addition to job losses, they’ve reviewed their property footprint in order to consolidate.
23 Oct 2020 - National Australia Bank Ltd (ASX:NAB) today announced that second half 2020 earnings will be reduced, amongst other things, by customer-related remediation matters of $380 million before tax.
23 Oct 2020 - Aus Tin Mining (ASX:ANW) has signed a binding Term Sheet with Resources and Energy Investments Pty Ltd to acquire its interests in the Mackenzie Coal Project in Queensland’s Bowen Basin.
23 Oct 2020 - Infigen (ASX:IFN) has entered into an agreement with TransGrid relating to Infigen’s dispatch of the 50MW/75MWh battery energy storage system that will be built at the Wallgrove substation in New South Wales.
23 Oct 2020 - The ASX looks set to open flat this morning as US stocks rallied after a lift in Treasury yields. The wheat harvest here is set for a promising season after some rain events. The chief executive of Australia Post is standing aside after four senior employees were given $3,000 Cartier watches after securing a deal back in 2018. Infratil (ASX:IFT) confirms that it is a member of a consortium in discussions regarding an acquisition of [...]
22 Oct 2020 - The ASX managed to close 0.3% lower. Shares in Healius (ASX:HLS) did well today after they reported a strong first quarter. Shares in Unibail-Rodamco-Westfield (ASX:URW) The big four banks all closed lower today. As for the sectors today Healthcare led the day and Energy fell lower. Worley (ASX:WOR) reports that the shareholder class action brought against it has been decided in Worley’s favour.
22 Oct 2020 - The ASX fell at the open and is now tracking 0.7% lower at noon. Shares in Resolute Mining (ASX:RSG) are down almost 8% after they reported their September quarter gold production fell 19%. Healius (ASX:HLS) shares are up after a strong first quarter update. OZ Minerals (ASX:OZL) lifted its gold production guidance from its Prominent Hill operation and lowered its cost guidance for 2020.
22 Oct 2020 - Austal (ASX:ASB) has responded to a story in The Age referring to an investigation by the Australian Commission for Law Enforcement Integrity (ACLEI) into the conduct of Australian Border Force (ABF) employees.