logo
Long Shortz: Waratah Minerals

Long Shortz: Waratah Minerals

The Australian21-05-2025

Tylah Tully speaks with Waratah Minerals (ASX:WTM) managing director Peter Duerden about the company's latest developments.
Waratah has just added a third rig to its existing drilling campaign at the Spur gold-copper project, hoping to rapidly grow resources and fast-track step-out drilling at the site.
Recent diamond drilling at Spur, in New South Wales, intersected two zones of porphyry copper-gold mineralisation.
And after a heavily over subscribed placement raising $8.4 million, Waratah is cashed up for the exploration activity and primed for the next big discovery in NSW.
Watch the video to hear more.
This video was developed in collaboration with Waratah Minerals, a Stockhead client at the time of publishing.
The interviews and discussions in this video are opinions only and not financial or investment advice. Viewers should obtain independent advice based on their own circumstances before making any financial decisions.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Australia jumps in global World Economic Forum ranking for closing the gender gap
Australia jumps in global World Economic Forum ranking for closing the gender gap

News.com.au

time35 minutes ago

  • News.com.au

Australia jumps in global World Economic Forum ranking for closing the gender gap

Australia has recorded its best ever gender equality ranking in a major global report, but the government is being warned not to rest on its laurels. After placing 24th last year in the World Economic Forum's Global Gender Gap Report, Australia has jumped 11 places and is now 13th out of 148 countries. It is Australia's best result since the report began in 2006 and a far cry from our country's record low 50th place in 2021. The ranking jump is attributed to improvements in female political empowerment, economic participation and educational attainment. Australia ranked well in education, with joint first in literacy rate, primary education enrolment and university enrolment. Minister for Women Katy Gallagher said it was a 'fantastic result' for Australia. 'When the Albanese Labor Government was first elected in 2022, we said that improving the lives of women and girls was one of our key focuses, and today's result – our best ever – shows we are delivering on that commitment,' Senator Gallagher said. 'Whether it is investing in women's wages and economic opportunities, investing in sexual and reproductive healthcare, or investing in policies to address women's safety and tackling gender-based violence, our government is backing up words with action.' Parenthood chief executive Georgie Dent celebrated the 'meaningful' changes by the government, but called on them to continue the 'significant work' still to do on measures such as parental leave. 'These results show us that government policy can and does make a tangible difference in achieving the goal of true gender equity and they underscore the need for us to go further,' Ms Dent said. 'We're calling on the Albanes Labor Government to build on this progress by increasing paid parental leave entitlement to 52 weeks at replacement wage, with superannuation included – bringing us in line with international best practice.' Ms Dent also called on the government to cement its promised universal childcare reforms. 'These measures will bring us closer to achieving true gender equity in Australia and in doing so will improve outcomes for children, boost workforce participation, support families and strengthen communities and our economy,' Ms Dent said. Senator Gallagher acknowledged there would still be more work to come, but insisted the result showed that the Albanese government was 'shifting the dial'. 'We know there is always more work to do, and this report will help to inform our work on gender equality over the next three years,' she said.

Melbourne buyers warned as auction market heats up
Melbourne buyers warned as auction market heats up

News.com.au

time2 hours ago

  • News.com.au

Melbourne buyers warned as auction market heats up

Melbourne's winter auction market is bucking the seasonal trend, with fresh data and renewed buyer confidence pointing to a heatwave beneath the surface of a cooling calendar. There are 952 homes set to go under the hammer across the city this weekend, a 14 per cent drop from the same time last year. Another 941 auctions are already scheduled for next week, down just 9 per cent, in what experts say is a far softer seasonal dip than usual. Bachelor couple eyeing $6m+ payday REA Group senior economist Eleanor Creagh said while the auction volume is lower, market conditions have flipped — and buyers are back in force. 'Melbourne led the country for monthly price growth in May,' Ms Creagh said. 'It's clear confidence has returned, and interest rate cuts in February and May have lifted borrowing capacity and encouraged buyers to move quickly.' Home prices rose 0.79 per cent in May according to PropTrack, the strongest monthly gain of any capital city. Melbourne's dwelling values are still 2.85 per cent below their previous peak, but Ms Creagh said the city's underperformance over the past five years, just 17.6 per cent growth since March 2020 compared to 60 per cent nationally, now gave it a competitive edge. 'Relative affordability is drawing buyers back in,' she said. 'That's why activity is holding firm even during what's typically a slower time of year.' Suburbs with the most auctions this weekend include Reservoir, 24 auctions, Mount Waverley, 19, Richmond, 15, Craigieburn, 14, and Wollert, 13. Ni Advocacy director and buyers advocate Kevin Ni said savvy buyers were shifting focus away from cookie-cutter stock and honing in on quality, character, and long-term liveability. 'Buyers are far more educated now,' Mr Ni said. 'They're looking for liveability, not oversupplied towers.' 'We've seen people spend six months stuck in limbo because they wouldn't budge on their dream suburb. 'The advice is: be realistic and flexible.' That mindset is driving strong interest across a range of listings this weekend, including a three-bedroom home at 14 Emery Court, Altona, where buyers are lining up for a slice of quiet, beachside living. The peaceful court location, vaulted ceiling, home office and landscaped yard have drawn attention from families and investors alike. The guide is $990,000-$1.08m. In Rowville, more than 100 groups have inspected 2 Moama Place, a renovated home backing onto Waterford Valley Golf Course. The three-bedder features American Oak floors, Bosch appliances, underfloor heating, and even a shed with a kitchenette — and is tipped to fetch $1m –$1.1m. Over in Preston, buyers priced out of Brunswick and Northcote are flocking to 9/26 Tyler Street, a rear townhouse in a boutique complex guided at $600,000 –$650,000. The mix of downsizers and first-home hopefuls has added a competitive edge. At the prestige end of the market, a five-bedroom architectural home at 14 Hunter Street, Kew, is drawing serious interest from families looking to secure a foothold in the private school belt. Behind its striking modern facade are polished concrete floors, a sparkling pool, butler's pantry, Miele appliances and EV charger, with a guide of $3.8m-$4.1m.

Households are being warned their electricity prices are set to spike
Households are being warned their electricity prices are set to spike

News.com.au

time2 hours ago

  • News.com.au

Households are being warned their electricity prices are set to spike

Cash-strapped Aussies are being warned the 'cold hard truth' is electricity prices are on the rise this winter in the latest cost-of-living blow. After the Australian Energy Regulator made its final determination for the Default Market Offering back in May, millions of households will now be getting letters or emails about their new energy rates. The offer sets the maximum price caps for bill increases for customers paying for default plans. These prices are meant to protect Australian households who don't shop around as well as provide a consistent benchmark so people can find an alternative retailer. Canstar's analysis shows Sydney electricity prices are going up 8.6 per cent, meaning the average family will now pay $145 more for their power or $1830 a year. Melbourne energy prices spiked 6.2 per cent or $83 for the average household, setting families back $1421, while Brisbane prices are up 3.7 per cent or an average of $72, with the standard household now paying $2019 per year. Canberrans will get the nastiest shock with their electricity prices going up 8.5 per cent and the average household now paying a further $191 to $2436 a year, while Adelaide households will pay on average $70 more a year or $2247 in total. These figures exclude the federal government's $75 subsidy. Under the extension of the Government Energy Bill Relief Fund, every household will get two payments of $75 a quarter automatically applied to their energy bills. Canstar data insights director Sally Tindall said while it was never fun to read about price hikes, Aussies should 'grit their teeth' and see if they could find a better deal. 'The cold hard truth is that electricity price hikes are pretty much inevitable in states such as NSW, Queensland and South Australia this winter after the regulator approved hikes to the reference prices across all networks in these states,' Ms Tindall said. 'The exact costs for your daily supply charge and electricity rates are up to each provider; however, unless you're on an embedded network or in a state where there are limited options, this is one bill you can, and should, take control of.' Ms Tindall urges households to check the 'reference price' they receive in the next two weeks and compare it with other market offers. 'Electricity bills can often be ridiculously confusing, with daily supply charges, tiered electricity rates, time of day pricing and whether you've got a controlled load,' she said. 'However, if you just want to compare your options without getting into the weeds, the reference price is your friend.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store