Government quizzed over $2b Pacific guarantee for ANZ
The official backstop for ANZ, announced in March, is part of a diplomatic plan to offset China's growing influence in the Pacific region. Policymakers see Western banks withdrawing from the Pacific as a national security risk if China were to muscle in to provide more financial services in the region.
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THR is set to bank £100,000 in cash alongside £1 million in Metals One shares, with a 12-month exclusive option for Metals One to purchase the remaining 25% interest at a price to be agreed upon at a later date. G11 Resources (ASX:G11) is looking to buy several copper and gold projects through the acquisition of privately owned company Pacific State Metals (Holdings) Pty Ltd. G11 is awaiting shareholder approval for a share sale agreement that would see it acquire the Sedgwick Bluff copper-gold, Packsaddle gold-copper, and NW Cobar copper projects. ASX Laggards Today's worst performing stocks (including small caps): Code Name Last % Change Volume Market Cap GGE Grand Gulf Energy 0.001 -50% 31455 $5,640,850 BEL Bentley Capital Ltd 0.015 -42% 4318593 $1,979,326 DTM Dart Mining NL 0.002 -33% 21263802 $3,594,167 PRM Prominence Energy 0.002 -33% 255120 $1,459,411 SKK Stakk Limited 0.005 -29% 8192 $14,525,558 AQX Alice Queen Ltd 0.003 -25% 151531 $5,538,785 AYT Austin Metals Ltd 0.003 -25% 4674800 $6,336,765 MRQ Mrg Metals Limited 0.003 -25% 691143 $10,906,075 AQC Auspaccoal Ltd 0.008 -20% 7558757 $7,004,676 ARV Artemis Resources 0.004 -20% 350432 $14,328,361 OSX Osteopore Limited 0.008 -20% 8341781 $2,372,600 TMX Terrain Minerals 0.002 -20% 1446699 $6,329,536 VRC Volt Resources Ltd 0.004 -20% 27625 $23,424,247 OZM Ozaurum Resources 0.062 -17% 2193670 $17,182,640 SRK Strike Resources 0.029 -17% 150000 $9,931,250 EVE EVE Health Group Ltd 0.03 -17% 115684 $8,863,557 IXC Invex Ther 0.075 -17% 1332 $6,763,846 1AD Adalta Limited 0.0025 -17% 2078341 $3,463,949 FBR FBR Ltd 0.005 -17% 2494829 $34,136,713 GLL Galilee Energy Ltd 0.01 -17% 300000 $8,486,315 MRD Mount Ridley Mines 0.0025 -17% 323599 $2,335,467 SPQ Superior Resources 0.005 -17% 7554456 $14,225,896 TMK TMK Energy Limited 0.0025 -17% 12258062 $30,667,149 BVS Bravura Solution Ltd 2.02 -17% 13434796 $1,085,016,685 FNX Finexia Financialgrp 0.17 -15% 145035 $12,460,793 In Case You Missed It Petratherm (ASX:PTR) has appointed a head of project development to advance technical studies at the Rosewood titanium project in SA. 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Childcare's evolution: Inside the education shift reshaping Australia's $15 billion early learning sector. Last Orders Albion Resources (ASX:ALB) has been issued the equivalent of $1.4m in Capricorn Metals (ASX:CMM) shares under a binding agreement for the sale of the Mongers Lake project in WA, bringing total consideration received to $1.5m. There's potential for another $1.5m in additional payments should CMM field a JORC mineral resource of more than 75koz and initiate a standalone mining operation on the project. Trading Halts Adelong Gold (ASX:ADG) – Challenger Gold Mine JV dispute Bayan Mining and Minerals – price query EPX Limited (ASX:EPX) – cap raise Falcon Metals (ASX:FAL) – cap raise Siren Gold (ASX:SNG) – cap raise Somerset Minerals (ASX:SMM) – cap raise At Stockhead, we tell it like it is. While OD6 Metals and Albion Resources are Stockhead advertisers, they did not sponsor this article.
