Author: Press Room

In a move to streamline its critical minerals portfolio, EV Resources will sell its La Cienega copper project in the US state of Arizona to fellow ASX-listed explorer Magnum Mining and Exploration.EV Resources says the deal will include a 2 per cent net smelter return (NSR) royalty on any future copper production at the project, allowing the company to free up capital and retain upside in the United States copper project.The strategic divestment allows the company to allocate resources towards its flagship antimony and copper projects throughout Peru and Mexico, as well as its newly acquired antimony asset in Utah.Following…

The budget needed to field a competitive college basketball roster seems to be the only thing in the world trending up right now, and the beautiful consequence is that most of the best players with eligibility remaining are returning to school. It is in that uncertain world, in the wake of Florida’s national championship win at Houston’s expense, that we bring you this too-early look at next season’s best teams.You may notice that there are players listed in the projected ’25-26 rosters below who are also showing up in NBA mock drafts, most of which are projected second-round picks. In…

“UNCERTAINTIES” Economists project that Trump’s tariffs drive will impact India’s GDP growth, with analysts at Goldman Sachs reducing their forecast for the current fiscal year from 6.3 to 6.1 per cent. The RBI’s monetary policy committee (MPC) said in a statement that “recent trade tariff related measures” had “exacerbated uncertainties” and clouded the “economic outlook across regions”. “In such challenging global economic conditions, the benign inflation and moderate growth outlook demands that the MPC continues to support growth,” the statement added. India’s central bank cut interest rates for the first time in nearly five years in February 2024, as it…

At 12.01am EST (04:01 GMT) on Wednesday, United States President Donald Trump’s “reciprocal” tariffs will kick in, ramping up a global trade war that has roiled stock markets and set businesses on edge. Trump has long promised tariffs on US trade partners, including while on the campaign trail for the top job last year. Some targeted duties, including those on steel and aluminium, have been in place for weeks. On April 2, Trump unveiled his “Liberation Day” tariffs against dozens of countries, sending stock markets into a nosedive as investors digested the prospect of an end to the era of…

President Donald Trump touted the record-breaking fundraising numbers garnered by the National Republican Congressional Committee (NRCC) during its annual president’s dinner Tuesday evening. “You know, we’ve done very well in this room before,” Trump told attendees at the annual dinner Tuesday night. “But right now we broke every record. I just heard from Mike Johnson, he said, ‘We broke every record, sir.’ There is over $35 million. That’s not bad, for an evening.”The fundraising numbers achieved during Tuesday night’s dinner rival what the NRCC has garnered across entire quarters. In July, the group highlighted a “record-shattering” fundraising haul for the second…

In 2016, running for president and pressed for details on how he would handle some of the world’s knottiest security issues, then-candidate Donald J. Trump had a simple formula for defanging the Iranian nuclear program.Barack Obama’s negotiating team, he said, should have just gotten up from the table and stormed out. The Iranians would have come begging. “It’s a deal that could’ve been so much better just if they’d walked a couple of times,” Mr. Trump told two reporters from The New York Times. “They negotiated so badly.”Now, at a moment the Iranians are far closer to being able to…

Piper Duck’s frustrating run of injuries has continued with the former Wallaroos captain to miss Saturday’s Super W grand final.Duck and left flanker Leilani Nathan, who both suffered setbacks in Sunday’s semi-final win over the Western Force, are enforced omissions for the clash with Queensland Reds at North Sydney Oval.Duck, who had been battling ongoing AC joint issues, has a partial shoulder dislocation.Nathan is nursing a severe knee injury, having damaged her ACL, PCL, MCL and meniscus ahead of the World Cup that begins in August.”It’s hugely disappointing for both of them. Not just because they miss out on the…

JAKARTA : Indonesia’s central bank will act boldly to maintain rupiah stability by intervening in the spot, domestic non-deliverable forwards, and bond markets, a deputy governor said on Wednesday (Apr 9) after the rupiah hit a record low against the dollar. Senior deputy governor Destry Damayanti told Reuters that moves in domestic bonds on Wednesday indicated that investors still had confidence in the sovereign bond market. The rupiah hit a record low of 16,970 per dollar on Wednesday morning, before paring some of its losses, according to LSEG data. Destry said regional currencies were weaker on the day because of…

Dozens of people have died in the Democratic Republic of Congo after torrential rains flooded the capital, Kinshasa, in the last few days, and destroyed hundreds of homes.The Ndjili River running through the megacity of 17 million people, one of the largest on the continent, burst its banks and submerged major roads, including Lumumba Boulevard, the main road leading to the airport. Government officials said thousands of people have been displaced and at least 33 had been killed, though they warned that the death toll would likely rise as the floods recede.Many African countries are facing frequent, deadly floods and…

The country of Liechtenstein is tucked away in a valley between the Swiss and Austrian Alps. It’s so tiny you could fit it four times over into New York City and still have room to spare.But in trade, it punches above its weight.This alpine paradise is home to several world-class makers of premium products, and that’s made it a target for President Trump’s tariffs.Among the country’s exports are power tools, cables, connectors and high-quality fillings and false teeth.  Everything will now have a tariff imposed at the US border of 37% — which is almost double the tariff that will be applied…