There are new laws coming into effect as of midnight tonight (Tuesday, September 1st) which may have you thinking twice about using, touching or even looking at your mobile phone while driving ever again. These new penalties are some of the toughest in Australia to deter drivers from mobile use, which has been proven to …
Morning News Bites – August 31
In Today’s Morning News Bites for August 31. PM Support has slipped as states get behind their Premiers. The latest newspoll shows a 50-50 two party preferred, from August 5-8’s 52-48 TPP. Cadia Mine in NSW takes number one spot for 2019/20 production 843,338oz and IOOF set to grab NAB`s MLC. The FY20 results are out for Swick, with …
Australian Gold Production Up
Surbiton Associates have released their Australian gold production report for the quarter and there was an increase of over 10% from the March quarter. The June quarter produced 85 tonnes up from the 77 tonnes for the March quarter. The FY gold production for Australia was 328 tonnes worth almost $25 billion at an average …
Morning News Bites – August 28
Morning News Bites – August 28 Specialised pilots not being allowed to fly in to WA due to the hard border closure could affect iron ore exports out of Port Hedland, Tesla hit a new high overnight and according to one leading analyst we need to rethink where our stocks are with banks not the …
Morning News Bites – August 27
Woolworths recorded boom sales, but the impact of COVID-19 and one off costs have added up, Independence Group record a 12.5% increase to revenue and Flight Centre recorded a $510m underlying loss before tax. Drilling services provider Boart Longyear has announced revenue of US$309M down around US$79M this morning. Net cash flow from operating activities …
Morning News Bites – August 26
In Today’s Morning News Bites for August 26. Kalgoorlie-Boulder wakes to a 3.1 magnitude earthquake at around 3:15am local time this morning. Seven Group Holdings report Westrac’s FY20 revenue up 15 per cent. PM raises concerns about Victoria’s state of emergency extension with Daniel Andrews. Conglomerate Seven Group Holdings has reported a 12 per cent rise …
Morning News Bites – August 25
In Today’s Morning News Bites for August 25. Resolute confirms supply lines to the Syama Gold Mine continue, despite political tension in the south of Mali. Largest diamond unearthed this year discovered in Africa. Victoria report another 9 COVID-19 related deaths. SRG Global provided results for FY20, with revenue at AU$545 million. The impact of the …
Morning News Bites – August 24
In Today’s Morning News Bites for August 24. Fortescue Metals report 49% increase in net profit to a record $US4.7bn. QLD reports one new COVID-19 case overnight. Liberal call for branch clean-out. Fortescue Metals report strong results from FY20, exceeding production guidance with 178.2 million shipments of iron ore for the full year. Costs remain low: C1 …
Morning News Bites – August 21
In the Morning News Bites for August 21 2020. Coventry Group recorded Group sales growth for FY20 including acquisitions of 22.3%. Suncorp has recorded an earnings slide and A2 Milk look to baby formula. A detailed airborne magnetic survey has been completed for Sabre Resources near the Penny West Gold Mine. According to Sabre they will …
Morning News Bites – August 20
In Today’s Morning News Bites for August 20. Qantas profits fall 91% as 6000 jobs are axed. Wesfarmers slashes the value of Target by $525 million. Pantoro reports Scotia Mining Centre has been expanded once again due to new zone discovery. The Scotia Mining Centre has once again been expanded with the discovery a new zone …