South32 Guidance Cut Lifts ASX Manganese Interest
South32 (ASX:S32) cut its FY26 Australia Manganese production guidance by 6 per cent in its March quarter report on Wednesday. The downgrade follows Tropical Cyclone Narelle and heavy wet-season rainfall at the Groote Eylandt Mining Company (GEMCO) in the Northern Territory. The bigger picture here is what this…
Ampol Shares Jump on Lytton Margin Surge
Ampol (ASX:ALD) shares jumped 3.76% to A$32.80 on Wednesday after the fuel giant delivered a standout quarterly update. The headline was hard to miss: the Lytton Refiner Margin surged to US$25.45 per barrel in the March quarter, more than four times the US$6.07 reported a year ago. The…
Northern Star Shares Slide Despite Strong Cash Flow
Northern Star Resources (ASX:NST) released a solid March quarter report today, yet its shares are down 3.6% to A$22.80. The company sold 381,000 ounces of gold, generated A$301 million in free cash flow and confirmed it is still on track to meet its full-year guidance. Normally, numbers…
ASX Energy Stocks stay in focus as oil holds high after Trump extends the Iran ceasefire
U.S. President Donald Trump extended the Iran ceasefire overnight, saying the truce will hold until Tehran puts a fresh proposal on the table. But the U.S. naval blockade on Iranian ports stays in place. Brent crude briefly pushed above…
WiseTech Global (ASX: WTC) has been one of the most beaten-down names on the ASX over the past year, with shares closing on Tuesday around A$45.59. That is down sharply in 2026 and well below the November 2024 peak of A$141.61. But broker Bell Potter now believes the selling has gone too far. In a…
Challenger Life Sales Jump Despite FUM Hit
Challenger (ASX:CGF) shares closed 3.1% lower at A$8.13 on Tuesday after a Q3 update that pulled investors in two directions. The good news was big: life sales jumped 19%, driven by strong demand for retirement income products. The bad news was also big: funds under management fell A$11.7…
Mineral Resource Prices US$1.3bn Notes, Easing Debt Fears
Mineral Resources (ASX:MIN) had a volatile Tuesday, climbing as much as 3% in early trade before a late closing-auction lift saw the stock finish up 0.8% at A$62.77. The move followed news that the company had locked in a US$1.3 billion bond deal that quietly fixes its biggest…
Rio Tinto Q1 Copper Up 9% as Cyclones Hit Iron Ore
Rio Tinto (ASX:RIO) released its first-quarter production update earlier this week, and the stock is sitting near record highs. The headline numbers look mixed at first glance. Iron ore production was strong, but two cyclones in Western Australia reduced the amount of the ore…
West African Resources Special Dividend After Kiaka Deal
West African Resources (ASX:WAF) was back trading on the ASX yesterday after the Burkina Faso government formally took an extra 25% slice of the Kiaka gold mine. The state's holding in Kiaka now jumps from 15% to 40%, which leaves West African with 60% instead of 85%.…
European Lithium Jumps on Tanbreez Approval
European Lithium (ASX: EUR) climbed around 12% on Monday after the Greenland government approved the final transfer of the Tanbreez rare earths project to Critical Metals Corp (Nasdaq: CRML). CRML now controls 92.5% of the project. European Lithium keeps a small 7.5% direct stake in Tanbreez but also owns…
