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PEAK ASSET: ARVO WRAP 06 MAY: 'Exhausted' ASX weighed down by Sydney COVID jitters | QMines debuts on ASX with $11.5m to fund copper-gold strategy at Mt Chalmers | China stocks fall on healthcare loss, Sino-West tensions; Hong Kong up |


$90B valuation.
Our portfolio company
NCL s chairman Ganesh Bangah joined
Proactive Investors today to discuss the business record quarterly result and talk about some of the opportunities in store.
Click here to watch the full interview.
Across Markets…
The
ASX200 retreated 0.5% from yesterday’s 14-month high after sharp tech selloff, a decline for NAB, and new coronavirus restrictions in Sydney.
US futures were pointing to an early gain on Wall Street tonight, with the S&P500 and Dow E-Minis up 0.1%, and the Nasdaq E-mini up 0.2%
NAB will pay shareholders an interim dividend of 60¢ after it reported cash earnings of $3.3b for the half, a 48.1% jump on the previous period. Shares in the lender still dropped 3% to $26.56 ....

Bottle Creek , New South Wales , Mt Chalmers , Mt Ida , Salt Resources , Western Australia , பாட்டில் க்ரீக் , புதியது தெற்கு வேல்ஸ் , ம்த் சால்மர்ஸ் , ம்த் ஐடா , ஆல்ட் வளங்கள் , மேற்கு ஆஸ்திரேலியா ,

Investegate |Red Rock Resources Announcements | Red Rock Resources: Announcement by Jupiter Mines Ltd


 
This augurs well for Jupiter s final dividend declaration, given the high payout ratio that Jupiter has historically adopted.
Further Information
Jupiter s principal asset is a 49.9% stake in Tshipi é Ntle Manganese Mining Proprietary Ltd, which operates the Tshipi Borwa mine, an open pit manganese mine in the Kalahari Manganese Field located in the Northern Cape of South Africa. Tshipi is one of the largest and lowest cost manganese exporters globally.
Jupiter announced on 21 January 2021 the demerger and Initial Public Offering on the Australian Stock Exchange of its Central Yilgarn Iron Ore assets ( CYIP ) through the newly created company Juno Minerals Ltd ( Juno ). ....

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Investegate |Red Rock Resources Announcements | Red Rock Resources: IPO of Juno Minerals Limited


 
Red Rock Chairman Andrew Bell comments
: As a Jupiter shareholder, as well as a royalty holder on the Mt Ida asset, Red Rock welcomes this announcement, which comes at a time when iron ore prices have established a higher trading level than for some years and strong demand seems likely to be sustained. Based on the valuation and performance of its comparators in the Australian market, Juno appears to have good prospects upon listing.
Further Information
The Central Yilgarn Iron Ore Project consists of (a) the Mt Ida magnetite deposit, where a 1.23 bn ton JORC compliant Indicated Resource of 29.79% Fe in its Central Zone, capable of beneficiation to a 66.65% concentrate, and a JORC compliant Inferred Resource of 615m tons at 28.86% in the Northern and Southern Zones, was announced by Jupiter on 8 January 2013, and (b) the Mt Mason DSO haematite deposit, where Jupiter announced a 5.9m ton Measured and Indicated Resource of 60.1% ....

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Proactive news headlines: Quadrise Fuels International PLC, Canadian Overseas Petroleum Ltd, Cobra Resources PLC , Evgen Pharma PLC …

Proactive news headlines: Quadrise Fuels International PLC, Canadian Overseas Petroleum Ltd, Cobra Resources PLC , Evgen Pharma PLC …
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

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