To The Moon

Full story: https://grafa.com/news/mining-regener8-resources-gains-north-achilles-tenement-to-boost-new-south-wales-exploration-313816 Regener8 Resources (ASX:R8R) has been granted the North Achilles tenement, EL9718, in New South Wales. This follows the company's acquisition agreement for tenement ELA6755, announced in July. The tenement is expected to bolster Regener8's exploration prospects, situated near proven polymetallic mineralisation. The location is adjace

Full story: https://grafa.com/news/business-news-close-the-loop-receives-takeover-proposal-from-adamantem-capital-313893 Close the Loop (ASX:CLG), a company in the circular economy sector has received an indicative, non-binding, and conditional proposal from Adamantem Capital for the acquisition of all its shares. The proposed transaction is structured as a scheme of arrangement, offering 27 cents per share, which represents a 49% premium to Close the Loop’s 30-day volume-weighted ave

Full story: https://grafa.com/news/mining-si6-metals-kicks-off-accelerated-drilling-program-at-fred-s-well-to-expand-gold-potential-313805 Si6 Metals (ASX:SI6) has initiated a new drilling program at its Fred’s Well prospect, a key target within the Monument Gold Project in Western Australia’s Laverton Gold District. The development highlights the company's strategic efforts to enhance its resource base in a highly prospective region. The accelerated drilling program,

Full story: https://grafa.com/news/energy-li-s-energy-tests-lithium-sulphur-battery-in-uav-flights-307887 Li-S Energy (ASX:LIS) has completed preliminary tests for uncrewed aerial vehicles using its 12-cell lithium-sulphur battery pack. The tests aimed to show the viability of configuring lithium-sulphur cells into a functional battery pack, integrating it with a fixed-wing UAV, and executing a typical flight profile. The flight demonstrations included critical phases such as takeoff, ascent, and level flying, highlighting the potential for lithium-sulphur technolog

Full story: https://grafa.com/news/cryptocurrencies-fed-rate-cut-likely-as-election-approaches-297907 As the 2024 U.S. presidential election nears, financial markets are closely watching the Federal Reserve’s upcoming rate decision, scheduled just two days after Election Day on November 7.  According to the CME’s Fedwatch tool, there is a 99% probability of a quarter-point cut in the federal funds rate, a key benchmark influencing interest rates nationwide.  This anticipated cut reflects widespread market expectations based on futures data, although it’s impor

Full story: https://grafa.com/news/communications-aussie-regulator-drags-optus-to-ourt-over-alleged-misconduct-in-mobile-sales-298617 Australia's competition watchdog, the Australian Competition and Consumer Commission, has filed a lawsuit against Optus, owned by Singapore Telecommunications, alleging misconduct in the sale of mobile phones and plans, particularly targeting vulnerable customers. The ACCC claimed that Optus' sales practices had a "disproportionate" impact on consumers and were allegedly influenced by commission structures

Full story: https://grafa.com/news/cryptocurrencies-microstrategy-plans--42b-raise-to-boost-bitcoin-holdings-298183 MicroStrategy (MSTR) unveiled a new capital strategy on Wednesday, aiming to raise $42 billion over the next three years to increase its Bitcoin (CRYPTO:BTC) holdings and enhance shareholder returns.  According to the company’s Q3 earnings report, the “21/21 Plan” consists of generating $21 billion through ATM equity sales and another $21 billion from fixed-income securities.  “As

Full story: https://grafa.com/news/cryptocurrencies-russia-warns-of-global-impact-if-frozen-assets-are-used-294212 Russia has cautioned that utilising its frozen financial assets could lead to significant disruptions in the global financial system.  Deputy Finance Minister Ivan Chebeskov emphasised that leveraging these assets would have "profound systemic consequences" for international monetary stability.  He warned that the increased use of the US dollar as a tool in economic conflicts could prompt developing nations to seek alternatives for tr

Full story: https://grafa.com/news/auto-and-cars-autonation-s-q3-revenue-dips-to---6-6b-293727 AutoNation (NYSE:AN) has reported a slight decline in its third-quarter revenue for 2024, with figures reaching $6.6 billion compared to $6.9 billion in the same period last year. During the quarter, the company's net income came in at $185.8 million, translating to $4.61 per share. When adjusted for non-recurring gains, earnings stood at $4.02 per share. These results fell short of Wall Street expectations, where the

Full story: https://grafa.com/news/mining-sibanye-faces--522m-compensation-claim-over-terminated-brazilian-mines-deal-285479 Sibanye Stillwater (NYSE:SBSW), a leading South African mining company, is confronting a massive $522 million compensation claim from investment firm Appian Capital Advisory. The claim stems from the termination of a $1.2 billion agreement that would have seen Sibanye acquire Appian's Brazilian nickel and copper mines, the company disclosed on Monday.