Daily ASX Market Update: Strike’s ahead on Walyering news while Hancock Prospecting stakes bigger claim on Vulcan – June 3, 2024

The Market Herald06-03

The ASX200 is trading strongly to start the week, gaining around three quarters of a per cent. While the Real Estate sector has taken the lead, the Energy sector spurred early gains, driven by Strike ...

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class=\"title\">\nDaily ASX Market Update: Strike’s ahead on Walyering news while Hancock Prospecting stakes bigger claim on Vulcan – June 3, 2024\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-03 11:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://themarketonline.com.au/daily-asx-market-update-strikes-ahead-on-walyering-news-while-hancock-prospecting-stakes-bigger-claim-on-vulcan-june-3-2024-2024-06-03/><strong>The Market Herald</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The ASX200 is trading strongly to start the week, gaining around three quarters of a per cent.\nWhile the Real Estate sector has taken the lead, the Energy sector spurred early gains, driven by Strike ...</p>\n\n<a href=\"https://themarketonline.com.au/daily-asx-market-update-strikes-ahead-on-walyering-news-while-hancock-prospecting-stakes-bigger-claim-on-vulcan-june-3-2024-2024-06-03/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7506","symbol_name":"金矿股","start_time":0,"source_url":"https://themarketonline.com.au/daily-asx-market-update-strikes-ahead-on-walyering-news-while-hancock-prospecting-stakes-bigger-claim-on-vulcan-june-3-2024-2024-06-03/","article_id":"2440520438","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2440520438","pubTimestamp":1717386180,"sourceInfo":{"source_id":"markerherald_stock","name":"The Market Herald"},"weMediaInfo":null,"summary":"The ASX200 is trading strongly to start the week, gaining around three quarters of a per cent.While the Real Estate sector has taken the lead, the Energy sector spurred early gains, driven by Strike Energy , which is up more than 6 per cent on its update to net gas pay, thanks to gas intersections at its Walyering-7 well.And $1.64 billion market cap uranium explorer, Deep Yellow  will join the ASX200 tomorrow, replacing Silver Lake Resources  which is being acquired by Australian Gold producer, RED 5 .Gina Rinehart’s Hancock Prospecting has acquired an additional A$20.4 million stake in Vulcan Energy Resources , bringing its holding to 7.5% and making it Vulcan’s second-largest shareholder.Infini Resources  has been up about 5.5%, on news its acquired the Bellah Bore East uranium deposit in WA from Mine Operations Exchange Pty Ltd.And Lithium Energy  has added nearly 15 per cent this morning on the conditional sale of its 90% stake in the Solaroz Lithium Brine Project in Argentina to C","collect":0,"end_time":0,"defaultTopTitle":"themarketonline.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7506":"金矿股","BK7095":"多种金属与采矿","BK7104":"黄金","BK7096":"制药","CCO.AU":"The Calmer Co International Limited","HBHC":"汉考克控股银行","RCE.AU":"RECCE PHARMACEUTICALS LTD","BK7142":"石油与天然气的勘探与生产","I88.AU":"Infini Resources Limited","BK7504":"锂钴概念","DYL.AU":"DEEP 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producer, RED 5 (ASX:RED).\nGina Rinehart’s Hancock Prospecting has acquired an additional A$20.4 million stake in Vulcan Energy Resources (ASX:VUL), bringing its holding to 7.5% and making it Vulcan’s second-largest shareholder.\nThis investment coincides with an additional $40.8 million investment from international engineering giant CIMIC and $4 million from the Victor Smorgon Group as part of a Vulcan-led private placement priced at $4.08 cents a share. CIMIC holds 6% of the company.\nThe funds raised will cover early-stage engineering work, some of which will be done by CIMIC.\nVUL has been trading up nearly 3.4 per cent to around $4.90.\nInfini Resources (ASX: I88) has been up about 5.5%, on news its acquired the Bellah Bore East uranium deposit in WA from Mine Operations Exchange Pty Ltd.\nThe project has an inferred resource under the 2004 JORC code, of 350,000 tonnes at 210 parts per million. It lies alongside the Yeelirrie North uranium tenement already held by Infini. The deal is $47,500 plus a one per cent smelter royalty.\nI88 has been trading at 19 cents.\nAnd, kava drinks company, The Calmer Co (ASX:CCO) has launched a $2 million capital raise so it can boost its milling, drying, sieving, packaging and labelling capabilities at the Company’s Navua processing facility in Fiji.\nCCO has been trading at 0.6 cents.\nRecce Pharmaceuticals (ASX:RCE) will present at a key military conference in Florida in August regarding its flagship R327 anti-infective’s development for treating burn wounds and sepsis. \nA research abstract and poster presentation will be done by the company’s executive chair Dr John Prendergast and chief medical advisor Alan Dunton.\nEarlier this year, the company confirmed it had applied for a US defence research grant. \nRecce has been trading just below 60 cents. \nAnd Lithium Energy (ASX:LEL) has added nearly 15 per cent this morning on the conditional sale of its 90% stake in the Solaroz Lithium Brine Project in Argentina to CNGR Netherlands New Energy Technology for $97 million (US$63 million) cash.\nCNGR Netherlands is a subsidiary of a Chinese listed company that produces precursors cathode active materials used in batteries.\nLEL has been trading around 46.5 cents.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2440520438"}