Established gold miners, Perseus, Ramelius and Red 5 each had differing updates for the ASX this morning, resulting in an equally varied display of share price movements with Red coming out on top.
World Markets: Global Insights into Financial Trends and Investment Opportunities
When concerned with the global economy, it’s important to look beyond the powerhouses that are often in the spotlight, and to look at the various emerging markets operating just off stage.
Today’s biggest emerging markets (BEMs), include Argentina, Brazil, China, India, Indonesia, Mexico, Poland, South Africa, South Korea and Turkey. Not as big, but still making impact, are Egypt, Iran, Nigeria, Pakistan, Russia, Saudi Arabia, Taiwan, and Thailand.
Infratil [ASX:IFT] Announces NZ$850 Million Equity Raise for One NZ Acquisition
Infratil raises AU$774 million to help fund the acquisition of a 49.9% stake in One NZ, taking its ownership to 9.90%.
Novonix [ASX:NVX] and LG Energy Enter Deal for Artificial Graphite Development
Novonix has signed an agreement with LGS for a joint research and development of artificial graphite anode material, and issues US$30 million ($45 million) unsecured convertible notes.
Medical Group Polynovo [ASX:PNV] Hits New Record for Monthly Sales
Medical researcher Polynovo posted a record monthly sale total of $7.2 million in the month of May, led by $5.2 million in the United States with new records also hitting in Canada, Hong Kong, India, and a new order in the Middle East. The group’s total revenue for the 11 months to May rose 54%.
Synlait [ASX:SM1] and A2 [ASX:A2M] Baby Formula Products Officially Approved by New Chinese Standard
Synlait and The a2 Milk Company received approval from Chinese authorities for the re-registration of their Chinese label of infant milk formula which is now to be manufactured in line with the country’s regulations, removing any pre-existing anxiety over the issue.
Soul Pattinson [ASX:SOL] Reaches $10.6 Billion in Net Asset Value
Washington H Soul Pattinson reports pre-tax year-to-date net asset value of $10.6 billion and said that its net assets had outperformed the All-Ords Accumulation Index in the half year, with 475.7 million in regular group NPAT.





