Why the Odyssey Gold (ASX:ODY) share price is rocketing 118% higher today
Why the Odyssey Gold (ASX:ODY) share price is rocketing 118% higher today
The Odyssey Gold Ltd (ASX:ODY) share price is rocketing higher on Tuesday following the release of an exploration update this morning…
James Mickleboro has been a Motley Fool contributor since late 2015. After studying economics at university back home in the United Kingdom, James came to live in Australia and managed to land a job at an Australian fund manager. This was the start of a love affair with Australian equities and he hasn t looked back since. James is part of the CFA Institute s Chartered Financial Analyst program and hopes it teaches him how to become an astute investor which allows him to help others with their own investing. Outside of reading and researching he spends many a late night watching the English Premier League and Seinfeld reruns.
Proactive news headlines including Horizon Minerals, archTIS, Cirralto, MGC Pharmaceuticals and Buru Energy
/EIN News/ Sydney, April 27, 2021 (GLOBE NEWSWIRE) Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:
Horizon Minerals Ltd (ASX:HRZ) has received further validation of the golden potential of Boorara Gold Project, 15 kilometres east of Kalgoorlie-Boulder in the Western Australian Goldfields, with an updated independent mineral resource estimate delivering a 34% increase in grade. Click here
archTIS (ASX:AR9) recorded a successful March quarter with its overall revenue, recurring revenue and gross profit all increasing significantly. Click here
Horizon Minerals updates Boorara gold resource and delivers 34% increase in grade
The April 2021 mineral resource model has shown a reduction in tonnage offset by a 34% increase in grade and an updated estimate of 11 million tonnes grading 1.26 g/t gold for 448,000 ounces at a 0.5 g/t gold cut-off grade. Open pit mining optimisation and design studies are well advanced for generation of ore reserves in the third quarter as part of a consolidated feasibility study.
Horizon Minerals Ltd (ASX:HRZ) has received further validation of the golden potential of Boorara Gold Project, 15 kilometres east of Kalgoorlie-Boulder in the Western Australian Goldfields, with an updated independent mineral resource estimate delivering a 34% increase in grade.
FTSE 100 declines despite modest rise by sterling against the dollar
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FTSE 100 declines despite modest rise by sterling against the dollar
It was a dull day in London, but New York appears headed in the right direction after a negative open Tesla schmesla
FTSE 250 sheds 144 points (0.6%)
Serco higher after landing government contracts
5.05pm: FTSE ends lower, US indices shake off morning rust
London s leading index closed Tuesday down 18 points, 0.3%, at 6,945, while the FTSE 250 lost 144 points, 0.6%, to 22, 433. European markets have struggled to maintain recent gains today, with the US open driving weakness on both sides of the Atlantic, IG Senior Market Analyst Joshua Mahony wrote. The recent shift in emphasis for traders has seen vaccination and reopening concerns replaced with a raft of earnings announcements that should help shape expectations for wider sector performance over Q1.
S&P/ASX 200 slips as iron ore price hits 10-year high
Tesla reported a record net income of US$438 million for the first quarter. Revenue surged to US$10.39 billion, up 74% from a year ago. Iron ore price has set a record after surpassing its 2011 high of US$188 per tonne.
S&P/ASX 200 (INDEXASX:XJO) slipped 0.36% to 7020 points by 1.10 pm even as iron ore prices hit a decade high of more than US$190 per tonne overnight.
While the broader market was trading lower, iron ore miners Rio Tinto (ASX:RIO) (+0.19%), BHP Group (ASX:BHP) (+0.62%) and Fortescue Metals (ASX:FMG) (+1.06%) were all higher.