Invictus Energy hits strong gas shows on multiple levels at Mukuyu-2

Invictus Energy ASX IVZ Zimbabwe Cabora Bassa basin gas

Invictus Energy’s (ASX: IVZ) plans to become a major gas supplier to an energy hungry Zimbabwe have been further boosted by further promising early results from the Mukuyu-2 appraisal well. The company has encountered strong gas shows in multiple Upper Angwa reservoirs at the Mukuyu-2 well, which is located in the 80% owned and operated […]

Nimy Resources intersects nickel-copper sulphides at Mons project

Nimy Resources ASX NIM nickel copper massive sulphides pyrrhotite pyrite chalcopyrite Mons

Diamond drilling of two moving loop electromagnetic (MLEM) plates in Block 2 of Nimy Resources’ (ASX: NIM) Mons project in Western Australia has intersected a 54 metre zone of massive, semi-massive and disseminated sulphide mineralisation containing pyrrhotite, chalcopyrite and pyrite from 118m. The massive sulphide intersections are believed to coincide with the modelled MLEM plate […]

Peako increases strike length of high-grade mineralisation at Eastman PGE project

Peako ASX PKO Brumby Eastman PGE Project

Junior explorer Peako (ASX: PKO) has confirmed that drilling at the Eastman platinum group elements (PGE) project in Western Australia’s Kimberley region has increased the strike length of higher-grade mineralisation. A total of 10 reverse circulation holes were drilled at the Brumby prospect for 1240 metres, with two additional holes drilled west of the project’s […]

Alligator Energy completes resource drilling at Samphire uranium project

Alligator Energy ASX AGE resource drilling Samphire uranium project South Australia

Alligator Energy (ASX: AGE) has completed additional resource drilling at the Blackbush deposit within the Samphire uranium project in South Australia, bringing the company’s 2023 campaign to a close. A total 118 holes for 10,149 metres were drilled during the year with 82 holes for 7,033m completed at Blackbush West since June. The company said […]

Algorae Pharmaceuticals engages UNSW to establish AI platform for drug discovery

Algorae Pharmaceuticals ASX 1AI UNSW establish AI platform drug discovery

Algorae Pharmaceuticals (ASX: 1AI) has entered an agreement with the University of New South Wales (UNSW) to advance the development of its proprietary artificial intelligence (AI) platform for the biopharmaceutical prediction of new drug candidates and to improve development outcomes. The platform — known as Algorae Operating System, or AlgoraeOS — will build on an […]

Pioneer Lithium appoints current CEO to role of managing director

Pioneer Lithium ASX PLN CEO managing director Clinton Booth

Newly-listed explorer Pioneer Lithium (ASX: PLN) has announced that current chief executive officer Clinton Booth will transition to the role of managing director, effective immediately. Mr Booth brings more than 20 years’ experience in the mining and energy sectors to Pioneer, including senior positions with Fortescue Future Industries and Galaxy Resources (now Allkem, ASX: AKE). […]

ECB to launch digital euro by 2028

ECB European Central Bank launch digital euro 2028

The European Central Bank (ECB) has moved forward in its plan to launch a digital version of the euro which would allow the 20 countries which share the currency to make electronic payments securely and free of charge. The bank said it would start a two-year “preparation phase” for the proposed new legal tender next […]

Plenti Group reports strong revenues on the back of $2b loan portfolio

Plenti Group ASX PLT loan profit 2023

Consumer lender Plenti Group (ASX: PLT) has cited an increased loan portfolio as the key to its strong financial performance for the three months to end September. The portfolio — which is a key driver of revenue — increased to $1.99 billion, representing a 29% increase from the previous corresponding period and a 5% increase […]

IAEA sees nuclear power doubling by 2050

IAEA International Atomic Energy Agency nuclear power 2050

While the International Atomic Energy Agency (IAEA) continues to increase its forecasts for the amount of nuclear energy that will be installed it is also calling for a “level playing field” on energy policies and access to financing. The IAEA has revised its global growth projections for a third straight year, stating that a growing […]

Altech Batteries completes design optimisation of Cerenergy battery

Altech Batteries ASX ATC design optimisation Cerenergy battery 60 KWh ABS60

Altech Batteries (ASX: ATC) has optimised the design of its 60 kilowatts per hour Cerenergy battery pack following final collaborations with component suppliers. The pack has undergone a makeover and now sports a sleek stainless steel exterior with the prominent Cerenergy logo on top and the “Altech Batteries” name engraved at the bottom. The company […]

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