Live Breaking News & Updates on Chilalo Graphite Project|Page 17
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Marvel Gold plans to unlock value of Chilalo Graphite Project through spin out and IPO Chilalo Graphite Project is a fully permitted, world-class graphite asset in Tanzania, with expenditure to date exceeding A$21 million. The proposed initial public offering of Evolution aims to raise a minimum of $13 million, with the potential to accept over-subscriptions. Marvel Gold Ltd (ASX:MVL) (FRA:GR2) plans to unlock the value of its advanced Chilalo Graphite Project in Tanzania by spinning it out into a newly incorporated, wholly-owned subsidiary Evolution Energy Minerals Limited, which proposes to undertake an IPO to facilitate listing on the ASX. ....
FTSE 100 closes firmly lower as inflation fears pummel markets The UK blue chip index closed down 175 points, or 2.47%, at 6,947 on the day. FTSE 100 loses 2.47% Antofagasta edges higher FTSE 100 closed sharply in the red on Friday as inflation fears spooked global markets. The UK s top share index finished over 175 points lower, or 2.47%, at 6,947. The midcap FTSE 250 also went lower, plunging over 530 points, at 22,167. On Wall Street, the Dow Jones Industrial Average lost over 454 points at 34,288. The S&P 500 shed over 42 points, at 4,145. The Nasdaq shed around 65 at 13,336. Inflation fears have hurt market sentiment today, as European markets maintained the pessimistic tone established in the US yesterday, said Joshua Mahony, senior market analyst at IG. ....
S&P/ASX 200 falls 1.11% after highest ever close of 7172.8 on Monday Gold was trading at US$1,836.89 per ounce, near its three-month high as last week’s miss on the U.S. jobs growth numbers weighed on the dollar. US nonfarm payrolls data on Friday showed jobs growth unexpectedly slowed in April. S&P/ASX 200 (INDEXASX:XJO) has slipped 1.11% to 7,093.5 with most sectors in negative territory ahead of tonight’s Federal Budget. This follows a gain of 1.3% on Monday with the index reaching its highest ever close of 7172.8 points. The price of iron ore has hit a record high for a second day, gaining 7.9% to US$229.55 per tonne. ....
FTSE 100 closes firmly lower as inflation fears pummel markets The UK blue chip index closed down 175 points, or 2.47%, at 6,947 on the day. FTSE 100 loses 2.47% Antofagasta edges higher FTSE 100 closed sharply in the red on Friday as inflation fears spooked global markets. The UK s top share index finished over 175 points lower, or 2.47%, at 6,947. The midcap FTSE 250 also went lower, plunging over 530 points, at 22,167. On Wall Street, the Dow Jones Industrial Average lost over 454 points at 34,288. The S&P 500 shed over 42 points, at 4,145. The Nasdaq shed around 65 at 13,336. Inflation fears have hurt market sentiment today, as European markets maintained the pessimistic tone established in the US yesterday, said Joshua Mahony, senior market analyst at IG. ....
Article content Sydney, May 11, 2021 (GLOBE NEWSWIRE) Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies: St George Mining (ASX:SGQ) (FRA:S0G) has completed a $7 million private placement, issuing a total of 85,365,854 shares at a price of $0.082 per share to institutional and sophisticated investors. Click here Triangle Energy (Global) Ltd (ASX:TEG) and Pilot Energy Ltd (ASX:PGY) have executed joint venture agreements and access deeds formalising the WA-481-P upstream joint venture and the Cliff Head Wind and Solar joint venture. Click here Maximus Resources Ltd (ASX:MXR) has received strong gold intersections of up to 10.5 g/t gold within wide zones of mineralised stockwork at S5 prospect around 300 metres south of the historic high-grade Wattle Dam Gold Mine in Western Australia. Click here ....