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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. ....
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 ....
2021-05-11 by Proactive Australia European Lithium Ltd (ASX:EUR)(FRA:PF8)(VIE:ELI) is set to add to its strategic lithium endowment in the heart of Europe after entering a Collaboration Agreement with Jadar Resources Ltd (ASX:JDR)(FRA:R1E) on its Austrian tenements. This agreement sees EUR acquire a 20% interest in Jadar s Austrian lithium assets - the Weinebene and Eastern Alps projects - from their JV partner. These projects are adjacent to EUR s Wolfsberg Lithium Project and the new arrangement creates optionality and potential synergistic development and production scenarios for both parties. It will also enhance the capacity of the new partners to better serve Europe s desire for self-sufficiency as it builds a cleaner and greener continent through electric vehicles and energy storage. ....