Latest news with #Enmore
News.com.au
5 hours ago
- Business
- News.com.au
Aussies lose it over ‘nightmare' Sydney rental
Have you ever wanted to quite literally sh*t where you eat? Well, now you can! A Sydney rental has sparked widespread ridicule and outrage after listing for $1350 per week – more than $70,000 annually – with one its two bathrooms absurdly located right opposite the kitchen sink. Tucked away on Metropolitan Road in Enmore, the four-bedroom, two-bathroom terrace boasts high ceilings, a sunroom and a balcony, and is described as 'oversized, freshly painted with a new kitchen and no parking space.' The property, which has since gone viral online, sparked fierce backlash from unimpressed Aussies. 'You know the rental market is bad if you have to shower where you cook,' wrote one. 'This has to be a joke,' wrote another. 'Wow, Australia is really dropping its standards,' said a third. Aussie property advocate Jordan Van De Lamb told that it's 'atrocious'. 'I think it's pretty atrocious that real estate agencies and landlords are able to get away with listing rentals that clearly do not meet building codes at exorbitant prices and that the government is happy to sit on their hands and do nothing. 'This is just one of many examples of sh*t rentals, not just in Sydney – but all over the country. 'It's so urgent that we do something about this, but the lack of response from the government has allowed parasites to keep inflating their profits while our living standards decline,' he added. A sign of the times Data from shows the Inner West's median weekly rent sits around $950, making this property a significant outlier. Similar four-bedroom homes nearby are typically advertised between $1100 and $2000 per week, though most offer a more conventional floor plan. The bizarre listing comes amid a concerning rental crisis gripping Sydney, with the city's vacancy rate hovering around 1.6 per cent. The Urban Development Institute of Australia (UDIA) has warned the country is on track to face a shortfall of almost 393,000 homes by 2029. Pushing rents higher and forcing tenants to settle for properties with compromises they once might have rejected outright. The incident comes less than a month after a Sydney renter shared footage exposing the shocking conditions of her inner west rental. The woman, who paid $240 a week to live in Petersham, shared a clip on social media showing her so-called 'room': A converted shipping container with a single window. Inside the house – shared with nine other tenants – she revealed grim living conditions including two shared bathrooms, both covered in greasy floors and littered with toilet rolls. In one bathroom, the entire toilet seat lay on the floor, detached, while an unfazed cockroach crawled across the ceiling light. In NSW, landlords and agents are required to make sure rental properties meet seven minimum standards for tenants to live there. These standards include: be structurally sound, have adequate natural or artificial lighting in each room, have adequate ventilation, be supplied with electricity or gas, have adequate plumbing and drainage, have a water connection that can supply hot and cold water and have bathroom facilities that allow users' privacy.
Sydney Morning Herald
2 days ago
- Entertainment
- Sydney Morning Herald
This retro inner-city cottage plays up its best original features
This lovingly preserved Sydney home fuses retro charm with vibrant tones, playful updates and personality at every turn. The house A renovated, late '70s/early '80s, twostorey, two-bedroom, brown brick house in Stanmore, in Sydney's inner west. Who lives here Elise Honeybrook and Scott Clark, co-owners of Valentinas cafe in Marrickville and the Grumpy Donuts bakeries, with their Brussels griffon dogs, Abbie, Tina and Peaches. What we did 'We wanted to preserve the home's retro charm,' says Honeybrook, 'so we kept changes minimal – just fresh paint, some carpet removed or replaced, and an upstairs bathroom renovated with the help of designer Lucia Braham.' Favourite room 'We spend most of our time in the kitchen/living area,' says Honeybrook. 'It's so open and inviting, really spacious and comfortable.' The 'hood 'We have everything we need practically on our doorstep: local shops, buzzing Enmore venues, and Stanmore train station is just across the road, connecting us to all of Sydney,' says Honeybrook.
The Age
2 days ago
- Entertainment
- The Age
This retro inner-city cottage plays up its best original features
This lovingly preserved Sydney home fuses retro charm with vibrant tones, playful updates and personality at every turn. The house A renovated, late '70s/early '80s, twostorey, two-bedroom, brown brick house in Stanmore, in Sydney's inner west. Who lives here Elise Honeybrook and Scott Clark, co-owners of Valentinas cafe in Marrickville and the Grumpy Donuts bakeries, with their Brussels griffon dogs, Abbie, Tina and Peaches. What we did 'We wanted to preserve the home's retro charm,' says Honeybrook, 'so we kept changes minimal – just fresh paint, some carpet removed or replaced, and an upstairs bathroom renovated with the help of designer Lucia Braham.' Favourite room 'We spend most of our time in the kitchen/living area,' says Honeybrook. 'It's so open and inviting, really spacious and comfortable.' The 'hood 'We have everything we need practically on our doorstep: local shops, buzzing Enmore venues, and Stanmore train station is just across the road, connecting us to all of Sydney,' says Honeybrook.
The Australian
6 days ago
- Business
- The Australian
Koonenberry IP survey identifies six priority drill targets along Sunnyside Shear Zone
Koonenberry's IP surveying maps >2km strike of Sunnyside Shear Zone at its Enmore project Survey identifies six priority drill targets with coincident gold and arsenic in soil anomalism Same survey technique expected to help unlock 30km of prospective zones across project Special Report: Fresh from defining bulk tonnage gold potential at the Sunnyside prospect, Koonenberry Gold has completed induced polarisation geophysics that identified six high-priority drill targets along the Sunnyside Shear Zone in NSW. The survey mapped the Sunnyside Shear Zone as a linear resistivity low within the granite, which is the preferred host rock to the extensive gold mineralisation intersected at Sunnyside. Koonenberry Gold (ASX:KNB) said the Sunnyside Shear Zone was interpreted to pinch and swell along its >2km strike length, potentially providing dilational sites for gold mineralisation where the structure opened up. The six drill targets are identified along first and second order structures, which are considered important fluid pathways for gold mineralisation, with coincident gold and arsenic in soil anomalism. Use of IP surveys in mapping first and second order structures is expected to help with exploration of the more than 30km of prospective shear zones at the broader Enmore project in northern NSW. It can also assist with ranking targets identified at the district scale. 'We have completed an electrical geophysical survey at Enmore, which has added to our understanding of the structures that are controlling mineralisation at Sunnyside,' KNB managing director Dan Power said. 'Extrapolating away from known mineralisation at Sunnyside we have identified several priority targets that are lined up along the Sunnyside Shear Zone. 'These occur within the preferred granite host rock and are supported by robust gold and arsenic anomalies in soil geochemistry. This data highlights prospectivity to the east of Sunnyside where we see the potential for extensions and repetitions to the gold mineralisation. 'A +2km long prospective zone is shown along the Sunnyside Shear Zone at the contact between the granite and sediments with coincident gold and arsenic in soils and high-grade rock chip results highlighting six priority drill targets which remain untested.' Survey analysis and forward plan KNB initially carried out the gradient array IP survey on a 400m by 400m area covering the main area of drilling at the Sunnyside prospect. It was designed to map any chargeable features from sulphides observed in the drilling and/or resistivity contrast to map changes in geology and alteration. This found the resistivity was mapping the shear structures, geology and other cross-cutting structures with a significant level of detail, leading the company to extend the survey towards the east before a separate survey was planned and completed at Hand in Hand. While dipole-dipole IP surveying was found to be unsuitable for drill targeting at Sunnyside, the results indicated that GAIP might be suitable for mapping first and second order structures which are considered important fluid pathways for gold. The company is planning +10,000m of drilling to follow-up on its successful maiden drilling at Sunnyside. This will test the continuity and extensions to mineralisation at Sunnyside as well as test the Sunnyside Shear Zone, particularly to the east where the company has identified a ~2km strike length of highly prospective granite associated with gold and arsenic soil anomalies. Wide-spaced, relatively shallow historical drilling in this area contained anomalous gold, adding further to the prospectivity of this zone. Additional soil sampling has also been conducted along the Borah Fault, a parallel fault to the Sunnyside Fault with encouraging results that will require drill testing. This article was developed in collaboration with Koonenberry Gold, a Stockhead advertiser at the time of publishing. This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions. Sponsored The US Centers for Medicare & Medicaid Services has approved EBR's WiSE CRT System for Medicare inpatients under new technology add-on payment. Sponsored Rumble Resources is set to unlock significant critical minerals value at its Western Queen project, with high-grade assays confirming a major tungsten system.
News.com.au
30-06-2025
- Business
- News.com.au
Resources Top 5: Institutional investors attracted to Koonenberry's golden success
A string of broad, high-grade results from the Enmore gold project is putting Koonenberry Gold in the spotlight DY6 has identified further visible natural rutile at the Central Rutile project in Cameroon Lodestar Minerals is boosting its coffers with a two-tranche placement for $2.2 million Your standout small cap resources stocks for Monday, June 30, 2025 Koonenberry Gold (ASX:KNB) A string of broad, high-grade gold results from the Enmore project in the New England region of northeast NSW is putting Koonenberry Gold in the spotlight and attracting institutional shareholders, including Lowell Resources Fund (ASX:LRT) and Lion Selection Group (ASX:LSX). The latter has increased its ownership of Koonenberry to 9.2% after purchasing an additional 25 million shares from Datt Capital Pty Ltd off-market for 3c per share. This show of confidence by the prominent resources sector investor has seen KNB shares reach 4.1c, a lift of 28.13% on the previous close with 102m shares changing hands. Enmore, near Armidale, has been drill tested historically but Koonenberry is drilling an adjacent target area which has so far shown to be materially better mineralised than the historic results. The new target area is a sheared granite host rock, where Koonenberry has recorded high tenor gold drilling intersections such as 172.9m at 2.07g/t Au from 171m. Drilling results are from a small footprint area to date and demonstrate a thick mineralised and altered zone which contains intervals of high-grade gold. This represents a small portion of a target area that strikes for 2km as defined by new surface geochemistry results. Underpinning its growing investment in KNB, Lion said, was the large and mostly untested search space at Enmore with hallmarks of a potentially large gold system. Lion rarely invests at the pure exploration stage and said this was because of the risks associated with such early-stage ventures. It said exceptions may only be made when the opportunity featured highly capable management and contained multiple opportunities to make discoveries, which strongly underpinned its investment in Koonenberry. 'The Koonenberry board and management have shown deep conviction for a new target underpinned by high quality technical work to acquire Enmore and make the discovery which is now underway,' Lion said. 'In addition to Enmore, Koonenberry has a portfolio of 100%-owned and joint venture projects across NSW that provide ongoing exposure to further discoveries.' The shares purchased from Datt by Lion are subject to a voluntary escrow expiring on 28 November 28, 2025. The Koonenberry board has approved a transfer of the block of shares with the escrow to remain in place. Lion managing director Hedley Widdup said: 'Koonenberry has progressed to become a key holding for Lion, providing exposure to an in-progress discovery that has strong hallmarks of scale and quality. "This latest purchase has been done at a price which is very attractive compared with the upside that we think remains both at Enmore and across Koonenberry's portfolio.' Melbourne's Datt Capital amassed a substantial stake in the company but then called for board and governance changes. The issue was resolved and Koonenberry appointed Datt appointee Tony Gu to the board. However, Gu resigned only three weeks later and Datt sold the bulk of its shares, now exiting its position entirely. Koonenberry was also flung into the spotlight by our columnist Kristie Batten in her Monday column. Check it out here. DY6 Metals (ASX:DY6) Rutile is a much sought after critical mineral being the rarest, highest grade and most valuable source of titanium, which is used in the aerospace, automotive, medical and industrial sectors. One of a number of ASX-listed juniors, including Sovereign Metals (ASX:SVM) and Peak Minerals (ASX:PUA), seeking to build up and exploit rutile resources in central Africa is DY6 Metals. At the Central Rutile project within the Bounde licence in Cameroon, DY6 has identified further visible natural rutile in alluvial and eluvial sources and shares have reached 3.4c, an increase of 20% on the previous close. Reconnaissance sampling has identified a new area of around 100km2 with large residual natural rutile nuggets ranging in size from 2cm to more than 4cm, heavy minerals and residual rutile mineralisation. The sampling program consisted of some auger drilling and the collection of channel, surface grab and stream sediment samples. Samples have been submitted for laboratory analysis in Cape Town, South Africa, with results expected in the September quarter. The identification of rutile across the entire tenement package is highly encouraging for DY6, as it confirms that this region is an emerging, globally significant rutile province. 'The reconnaissance program has been a great success, having identified visual HM and rutile mineralisation across each licence,' technical consultant Cliff Fitzhenry said. 'What we have uncovered at the Bounde licence is particularly exciting. I have never seen rutile nuggets of this size before.' Exploration will now move to the next phase with a systematic regional soil sampling program seeking to rapidly identify areas of higher-grade residual rutile mineralisation. Lodestar Minerals (ASX:LSR) With a two-tranche placement to bolster its coffers by $2.2 million, Lodestar Minerals more than doubled to 1.3c before closing at 1.1c Funds raised will be used to advance existing exploration programs in Chile, to assess new opportunities and for working capital. The company has appointed Oakley Capital Partners as lead manager and corporate advisor for the two-tranche capital raising. The first tranche will comprise the issue of 79,166,667 shares at 0.6c per share to raise $475,000 before costs in line with the company's available Listing Rule 7.1 and 7.1A capacities. Shares will be issued to sophisticated and professional investor clients of Oakley. The second tranche will be subject to shareholder approval at a general meeting. This will comprise the issue of 345m shares at 0.5c per share to raise $1,725,000 before costs. This will also be made to sophisticated and professional investor clients of Oakley. 'We are delighted to have secured the support of Oakley Capital Partners for this capital raising. The strong level of interest and demand reflects renewed confidence in Lodestar's strategic direction and growth potential,' Lodestar chairman Ross Taylor said. "This successful recapitalisation marks a pivotal moment in the company's evolution and positions us to advance our exploration and development ambitions with renewed strength. 'We welcome Oakley Capital Partners as a key partner and thank them for their belief in the Lodestar team and our vision. 'The successful raising of a significant amount of capital reflects the strong demand and investor confidence in the company's direction and future potential.' Megado Minerals (ASX:MEG) (Up on no news) Reaching a 12-month high of 2.4c, a 41.18% increase on the previous close, was Megado Minerals, which earlier in June completed the acquisition of 80% of Iberian Copper Pty Ltd, which owns 100% of the Iberian copper project in Spain. The Iberian Copper Project in Aragón and Navarra consists of 12 permits (under application) covering 956km2 of historically copper and silver producing strata along about 200km. Megado aims to undertake a maiden drilling campaign in Q4 2025 and to support this, an in-country team is completing extensive geological mapping in preparation for airborne geophysics. The airborne program to be flown in Q3 is expected to confirm high-priority targets for drilling. In addition, the company has signed an agreement with the University of Aragón to support its exploration. The university has substantial intellectual capital invested in the region and has identified multiple opportunities for the company's consideration. 'This is an exciting milestone for the company. We now have a massive opportunity with full control of an entire copper and silver belt hosting multiple historic mines,' Megado chairman Anthony Hall said. 'Importantly, we have also secured a very capable in-country operating team that has a track record of success. We are already starting to see this with early geological mapping and our agreement with the University of Aragón.' Astute Metals (ASX:ASE) Nevada has been a star performer in US resources exploration and extraction for many years and always figures prominently in the Fraser Institute's annual mining investment attractiveness index. One ASX junior taking steps to join Nevada's honour role is Astute Metals which has used a review of historical data and newly-acquired ASTER imagery to identify four high-priority gold-silver targets at its Needles project, prompting an 18.75% increase in shares to 1.9c. Providing the company with confidence of future success at Needles is the project's geological similarities to bulk-tonnage gold operations in Nevada such as the 20Moz+ Round Mountain mine and AngloGold Ashanti's recent 16Moz+ Silicon-Merlin discovery. The underexplored project also hosts numerous historical gold-silver workings from the early 1900s to 1920s and has previously returned rock chip results of up to 33g/t gold and 1115g/t silver. Silicon-Merlin was discovered through exploration drilling beneath the alteration cap of an epithermal deposit, which indicates there's discovery potential in drilling the deeper parts of epithermal systems and a pathway to value creation. Astute Metals will now carry out systematic soil sampling and magnetic surveys, ahead of initial drilling planned for Q3 2025. Work at Needles will be conducted in tandem with the company's drilling program at the nearby Red Mountain lithium project, leveraging cost and management synergies.
