StockTake: Core Energy Minerals
Stockhead's Tylah Tully looks at Core Energy Minerals (ASX:CR3), which has started drilling at its Cummins uranium project in South Australia.
Targeting roll-front uranium, the maiden program will be around 3,000 metres with hopes to confirm historical intercepts, improving CR3's understanding of the mineralisation.
Watch the video to learn more.
This video was developed in collaboration with Core Energy Minerals, a Stockhead advertiser at the time of publishing.
This video does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
Originally published as StockTake: Positive early signs for Core Energy in first uranium drilling
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Perth Now
7 hours ago
- Perth Now
Cautious investors lift ASX 200
Cautious traders lifted the ASX from an early fall on Tuesday but are still waiting for Wednesday's key CPI figure and US tariff fallout. The benchmark ASX200 eked out a small 6.9 or 0.08 per cent gain to 8,704.6 after falling by as much as 0.6 per cent on the open. The broader All Ordinaries also finished in the green up 3.20 points or 0.04 per cent to 8,966.70. Australia's dollar firmed marginally up 0.06 per cent to buy 65.25 US cents. Markets pared back early losses during Tuesday's trading. Picture NewsWire/ Gaye Gerard. Credit: News Corp Australia On an overall quiet day of trading, seven of the 11 sectors finished in the green, led by energy, industrials and healthcare stocks. Woodside Energy gained 1.57 per cent to $26.60 and Santos jumped 2.06 per cent to $7.91 on the back of rising oil prices. Healthcare giant CSL gained 0.52 per cent to $272, Pro Medicus gained 0.86 per cent to $323.21 and Fisher Paykel Healthcare jumped 1.44 per cent to $33.78. It was a mixed day for the market heavyweight big four banks. Commonwealth Bank shares slipped 0.35 per cent to $174.29 while Westpac fell 0.06 per cent to $33.19. Offsetting the falls were gains from National Australia Bank which closed 1.17 per cent higher to $38.20 and ANZ which eked out a 0.03 per cent gain to $30.32. The initial excitement in the markets on the back of a US-EU trade deal over the weekend quickly died down as the White House announced a possible bounce in the tariff rate. Under the new plan the 'Rest of World', including Australia, could now face tariffs of 15 to 20 per cent, up from the 10 per cent initial base rate. senior financial market analyst Kyle Rodda said market excitement on the back of trade talks between the US and the EU was short lived. 'Wall Street failed to hold onto the post US-EU trade deal buzz but that's only because of the mountain of event risk that the markets confront in the coming days,' he said. 'The August 1 trade deadline loomed as potentially the biggest story of the week'. Seven of the 11 sectors finished higher on a quiet day of trading. NewsWire / Max Mason-Hubers Credit: News Corp Australia But Mr Rodda pointed out that with deals worked out between the US and the EU, Japan and potentially China means markets attention will shift to macroeconomic figures and corporate earnings. Australia's key macroeconomic data comes out on Wednesday with the release of the quarterly CPI figures. Economists say a quarterly trimmed mean inflation rate between 2.6 and 2.7 per cent over the year, would fall in the RBA's target band of 2 to 3 per cent and open the door for further interest rate relief. In company news, shares in jeweller Michael Hill jumped 2.47 per cent to $0.42 on the bell after the business announced founder Sir Michael Hill died at age 86 earlier on Tuesday. 'To every endeavour he pursued, Michael brought a deep sense of purpose, an enduring curiosity, open-mindedness and creativity that challenged all of us to embrace ever more lofty goals and be unconstrained in our thinking – a legacy that will continue to inspire us,' Michael Hill chairman Rob Fyfe said in a statement to the ASX. Boss Energy continued its slump following the announcement of its result on Monday, dropping another 5.51 per cent to $1.80. The stock fell more than 40 per cent after warning the market it is unlikely to meet its production targets at its Honeymoon project in South Australia on the back of costs and concerns about the uranium quality. Shares in wagering company Tabcorp finished 1.31 per cent higher to $0.78 after Aware Super told the market it exited its stake on July 24 on the back of strong gains made earlier this year.
Courier-Mail
7 hours ago
- Courier-Mail
Are banks getting tighter with frequent flyer bonus point offers?
Don't miss out on the headlines from Lifestyle. Followed categories will be added to My News. I've been looking at getting a new credit card and it seems banks are offering less bonus points. What's the best way to get the most points? This is an interesting observation and my gut instinct tells me you may be correct. Ultimately the best way to check is to look at some historical data of what banks have offered. The team at compares many credit cards on the market and crunched the data on bonus points offers over the past six years. Contrary to my initial thoughts, it wasn't all doom and gloom. Looking at Qantas earning credit cards, the ANZ Frequent Flyer Black, lowest bonus points offered was 90,000. Today, it sits at 130,000 points which is actually its peak offer. For a Velocity card, it's pretty much the same story. The American Express Velocity Platinum Card has fluctuated considerably over the six years however in 2019 it was offering 100,000 bonus points. In January of this year the same offer was available. It has since dropped back to 60,000. Bonus points may have passed their peak, but there are other benefits to being a card holder. Picture: American Express. Taylor Blackburn, personal finance specialist at Finder, explained while it may seem bonus offers have passed their peak, it isn't the case. 'Many of the points offers are cyclical and vary from month to month and year to year, but we are actually on an upswing of sorts. Bonus points are key, but not the only selection criteria.' Blackburn advises to consider the annual fee, earn rate and other features like lounge passes, insurance and purchase protection, not to mention that switching credit cards too often can impact your credit score. Tough times could be ahead The Reserve Bank of Australia (RBA) has proposed changes that will impact credit cards starting mid-2026. The most relevant change is the RBA wanting to reduce the interchange fee. The interchange fee is what the merchant bank (the bank of the business where you are swiping your card) pays your credit card issuer every time you pay for something. Certain stores slap on a surcharge as a way to recoup some of the money lost when they pay the interchange fee. It may seem like a win, especially if surcharges disappear altogether, but it could become a problem for frequent flyer credit cards. We could see a shake up of frequent flyer programs in 2026. That's because banks typically points in bulk from airlines to then use as sign up bonuses and rewards. These points are partly funded by annual fees, however the real revenue comes from interest charges when you don't pay your statement in full every month and also, interchange fees. Reducing interchange fees could lead to not only a drop in bonus offers and points earned through spending on your credit card. In other news, Westpac is changing the points-earning rates on its range of Platinum and Black credit cards from 1 August. It is introducing a cap on monthly card spend that will earn points at the full rate. After a cardholder spends $5,000 in a statement cycle, the earn rate drops. See also: Why everyone's rushing to use their Qantas Frequent Flyer points by August 5 What's the best way to get the biggest bonus points offer? As Finder research shows, offers are cyclical and change month to month. If you're not in a rush, I would hold out till you see a better offer. One thing is for sure, I would make one last switch before mid-2026 when the landscape could drastically change. Have a question about points? Drop Sabine an email at escape@ Personal replies are unfortunately not possible. Originally published as Are banks getting tighter with frequent flyer bonus point offers?
AU Financial Review
7 hours ago
- AU Financial Review
A new home in 20 days, promises the ‘Henry Ford' of modular housing
Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts.
