Whitehaven Coal September Quarter Production Volume Slumps
While Whitehaven Coal [ASX:WHC] reported ‘record coal prices’ during Q1 FY23, the coal producer also admitted that weather has affected its open-cut operations and volumes.
BHP September Quarter Marred By Bad Weather and Labour Shortages
BHP September Quarter Marred By Bad Weather and Labour Shortages
BHP Group [ASX:BHP] echoed Whitehaven Coal [ASX:WHC] by admitting its September quarter output was marred by ‘record wet weather’ and ‘ongoing labour shortages’.
Megaport Sinks Despite ‘Second Consecutive Quarter of EBITDA Profit’
Megaport Sinks Despite ‘Second Consecutive Quarter of EBITDA Profit’
Megaport [ASX:MP1] released its activities and operations report for the quarter that ended on 30 September 2022.
Rio Tinto Flat on Release of Q3 Results
Rio Tinto Flat on Release of Q3 Results
The world’s second-largest mining corporation, Rio Tinto [ASX:RIO], released its third-quarter production results on Tuesday. RIO shares are down 20% year to date. Source: tradingview.com RIO’s Q3 production and operations Rio Tinto released the latest production results for the third quarter of 2022. Here are the production highlights: Bauxite production was 2% lower than in […]
Pilbara Minerals: ‘Strong Demand Conditions’ Persist
Pilbara Minerals: ‘Strong Demand Conditions’ Persist
Australian lithium producer Pilbara Minerals [ASX:PLS] has secured a pre-auction bid for its spodumene concentrate of US$7,830/dmt. PLS said the pre-auction bid reflects ‘strong demand conditions’. This comes after lithium prices in China touched all-time highs last week, with the price of Chinese battery-grade lithium carbonate hitting a record high of US$74,475 a tonne, according […]
Westpac Confirms Interest in Tyro Payments
Westpac Confirms Interest in Tyro Payments
Tyro payments [ASX:TYR] confirmed takeover overtures from ‘several parties’ including Westpac Banking Corporation [ASX:WBC].
Investors as Superforecasters
Investors as Superforecasters
In today’s Money Morning, what is a necessary skill great investors possess? I believe it’s forecasting. Great investors must be able to appraise the future well. Even the world’s most sophisticated model is useless if fed by bad forecasts. Great forecasts are crucial inputs to any great model or investment thesis.
CSL Outlines Growth Strategy Following Vifor Acquisition
CSL Outlines Growth Strategy Following Vifor Acquisition
CSL [ASX:CSL] released an investor briefing presentation on Monday, providing further detail on its Vifor acquisition, along with a business and strategy update. CSL believes its recent US$11.7 billion acquisition of iron deficiency business Vifor will accelerate the company’s growth by bulking up its product pipeline, even if questions over ‘IP cliffs’ remain. CSL shares […]
Magnis Energy Down on FY22 Results
Magnis Energy Down on FY22 Results
Lithium-ion battery developer Magnis Energy [ASX:MNS] released its FY22 results on Monday.
Core Lithium Rises on Management Transition
Core Lithium Rises on Management Transition
Australia lithium developer Core Lithium [ASX:CXO] has announced the immediate exit of its Managing Director, Stephen Biggins, who has helmed Core Lithium for the last 12 years.
