Proactive news headlines including Anson Resources, Latrobe Magnesium, Taruga Minerals and Magnis Energy Technologies

2022-08-26 20:37:22 By : Ms. Dolly Hwang

Sydney, Aug. 25, 2022 (GLOBE NEWSWIRE) -- Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:

Anson Resources Ltd's (ASX:ASN) share prices have surged upon executing a binding memorandum of understanding (MoU) with leading global lithium extraction technology provider Sunresin New Materials Co. Ltd for a long-term strategic and commercial alliance for its Paradox Lithium Project in the US. Click here

Latrobe Magnesium Limited (ASX:LMG) has broadened its skills-based board with the appointment of experienced environmental lawyer and corporate advisor Michelle Blackburn as a non-executive director, effective September 1, 2022. Click here

Taruga Minerals Ltd (ASX:TAR) has completed preparations for a drilling program focused on clay-hosted rare earth elements (REE) at several distinct targets across the wholly-owned Mt Craig Project in South Australia, particularly at the Morgans Creek prospect, where drilling will begin. Click here

Magnis Energy Technologies Ltd (ASX:MNS, OTCQX:MNSEF) said the latest results from its Extra Fast Charging (EFC) battery program show a less than 3% loss of initial cell capacity after about 2,600 cycles. Click here

Polymetals Resources Ltd (ASX:POL) has identified eight high-priority geophysical targets during a recently completed aeromagnetic survey at its Mansala Gold Project in Guinea. Click here

American Rare Earths Ltd (ASX:ARR) has cut the ribbon on a $14 million institutional placement. Click here

Hartshead Resources NL (ASX:HHR) has secured the funding to advance an engineering study and a geotechnical survey as part of an agreement with Shell, while also fast tracking the front-end engineering and design (FEED) stage of phase 1 field development at the Anning and Somerville gas fields. Click here

Critical Resources Ltd (ASX:CRR) is extending drilling at its 100%-owned Mavis Lake Lithium Project in Ontario, Canada, after the current campaign uncovered an abundance of spodumene mineralisation, as it accelerates a maiden JORC-compliant resource. Click here

Taruga Minerals Ltd (ASX:TAR) has snapped up a new copper-gold-rare earth element (REE) project in one of Australia’s most sought-after exploration districts. Click here

Predictive Discovery Ltd (ASX:PDI) has produced several broad, high-grade gold intersections from resource definition drilling at its 4.2-million-ounce Bankan Gold Project, offering an opportunity to add materially to the resource estimate. Click here

SensOre Ltd (ASX:S3N) has welcomed gold results supporting the utility of its machine-learning mining technology, which helps pinpoint targets for further exploration. Click here

MGC Pharmaceuticals Ltd (LSE:MXC, OTC:MGCLF, ASX:MXC) has drawn the final project payment needed to bring its Malta-based phytomedicine manufacturing hub to life. Click here

Perpetual Resources Ltd (ASX:PEC) has completed petrographic and photomicrograph analysis on the flagship Beharra Project’s silica sand, which has continued to demonstrate a low-impurity and high-quality profile suitable for multiple potential end products. Click here

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Texas is quickly becoming a major cryptocurrency mining hub after China banned such operations earlier this year. Miners are flocking to the Lone Star State for its supply of cheap, loosely-regulated energy, the Comptroller's office said in its latest fiscal notes newsletter. Texas has quickly become one of the biggest crypto mining hubs in the country, thanks to its cheap...

The Japanese bank is at least the second big name to emerge as ceasing work with BitRiver after the U.S. Treasury Department imposed sanctions on the Russian firm in April.

Generac Power Systems has hired a veteran of the clean power industry to serve in a newly created executive post leading the company's operations that support the next-generation grid.

BENGALURU (Reuters) -India's top IT services firms are freezing or cutting staff bonuses, worried that tightening budgets at U.S. and European clients who are bracing for a recession will sharply hit their own profits after a pandemic-led boom. Infosys Ltd, India's second-biggest IT company, and smaller rival Wipro recently told their employees they had reduced the variable pay portion of employee compensations, according to respective internal emails sent by management to staff at the two companies and seen by Reuters. Some Indian companies include variable pay as a part of employees' overall salary package and link it to the performance of the employee as well as the company.

FLOW, APE and AXS are among tokens tracking double-digit losses over the past week.

Hibbett shares were up more than 5% this morning.

Before the pandemic the genetic-testing company Fulgent was an afterthought. It's seeking to leverage newfound riches for long-term success.

U.S. Chamber of Commerce conducts media tour to discuss the impact of technology on small businesses.

The stock market rally tried to bounce Thursday but ultimately had another solid weekly loss, tumbling Friday on Fed chief Jerome Powell's speech.

U.S. stocks tumbled Friday morning as Federal Reserve Chairman Jerome Powell said the Federal Reserve's efforts to combat inflation might lead to economic pain for American families, but that "we must keep at it until the job is done." The Dow Jones Industrial Average fell 140 points, or 0.4%, to 33,164. The S&P 500 fell 24 points, or 0.6%, to 4,174. The Nasdaq Composite retreated 96 points, or 0.8%, to 12,544. Treasury yields rose in response to Powell's remarks, with the largest increase seen

Minuteman Press in Swindon, England has reopened its physical location at 19-21 Newport Street (Ground Floor – Newport House). After suffering water damage from flooding in July of 2021 and electri...

1PointFive envisions a scenario where it could develop 70 commercial-scale DAC plants around the world by 2035.

The SEC adopted a new rule requiring businesses to disclose to investors how well top management’s pay tracked with corporate performance over several years.

(Bloomberg) -- US consumer spending rose at a sluggish pace in July, even while Americans got some relief on prices, indicating the economy is feeling the pinch from the highest inflation in a generation.Most Read from BloombergNearly 60,000 Sneakers in $85 Million Ponzi Scheme to Go on SaleGOP Fury Over ESG Triggers Backlash With US Pensions at RiskFed’s Jackson Hole Conference Is Underway: Here’s What to ExpectWorld’s Most Popular Password Manager Says It Was HackedA 129-Foot Superyacht Worth

Mutual Fund Report for MLPFX

NEW YORK (Reuters) -Oil prices slumped by about $2 a barrel on Thursday in volatile trade as investors braced for the possible return to global markets of sanctioned Iranian oil exports and on worries that rising U.S. interest rates would weaken fuel demand. Talks between the European Union, the United States and Iran UPDATE 4-Iran reviews U.S. response to EU nuclear text for revival of 2015 pact - Reuters to revive the 2015 nuclear deal are continuing, with Iran saying it had received a response from the United States to the EU's "final" text to resurrect the agreement. Investors also were waiting for scheduled remarks on Friday by U.S. Federal Reserve Chair Jerome Powell at the Kansas City Fed’s Economic Policy Symposium in Jackson Hole, Wyoming.

Looking for a travel play? Hotels are hot.

Lululemon Athletica shows improving price performance, earning an upgrade to its IBD Relative Strength Rating

The Dow skid 1,008 points on Friday, marking its biggest pullback in more than three months, as stocks sold off sharply after Federal Reserve Chairman Jerome Powell warned of the pain to households and businesses to come as the central bank works to bring inflation back to its 2% target. The Dow Jones Industrial Average tumbled into the closing bell, shedding about 1008 points, or 3%, ending near 32,283, its worst daily percentage decline since May 18, according to Dow Jones Market Data. The S&P