Latest news with #PaladinEnergy
Yahoo
2 days ago
- Business
- Yahoo
CHANGE OF COMPANY SECRETARY
PERTH, Australia, May 30, 2025 /CNW/ - Paladin Energy Ltd (ASX: PDN) (TSX: PDN) (OTCQX: PALAF) ("Paladin" or the "Company") advises that Ms Melanie Williams has been appointed as Company Secretary of Paladin effective 30 May 2025. Melanie joined Paladin in February 2025 as Chief Legal Officer. Melanie is an experienced corporate and resources lawyer and Company Secretary, with substantial international and corporate governance experience. Mr Jeremy Ryan has resigned as Company Secretary of Paladin effective 30 May 2025. The Board of Paladin thanks Jeremy for his dedication to the Paladin Group and wishes him the best in his future endeavours. For the purpose of ASX Listing Rule 12.6, Ms Melanie Williams will be the person responsible for communications with the ASX in relation to ASX Listing Rule matters from 30 May 2025. This announcement has been authorised for release by the Board of Directors of Paladin Energy Ltd. SOURCE Paladin Energy Ltd View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Sky News AU
2 days ago
- Business
- Sky News AU
ASX 200 slumps after Donald Trump's 'Liberation Day' tariffs are temporarily reinstated a day after court blocks the levies
The ASX 200 dived on Friday after a temporary pause was placed on a court ruling that blocked US President Donald Trump's Liberation Day tariffs. The index is down 0.3 per cent in the first 35 minutes of trading with uranium miners shedding some of their booms from earlier in the week. Paladin Energy is down 4.1 per cent, Boss Energy sank 4.1 per cent while aluminium miner Alcoa Corporation shed 3.5 per cent and battery minerals company Liontown Resources has dropped 4.8 per cent. The slump follows the White House accusing the Court of International Trade of abusing its power and 'usurping the authority' of the President after blocking his Liberation Day tariffs. The federal appeals court enforced an administrative stay on the ruling, effectively pausing the impacts of the court's action for now. Trump took to Truth Social to praise the temporary pause on the ruling before attacking the three judges who handed down the initial decision. "Where do these initial three Judges come from?" the US President said. "How is it possible for them to have potentially done such damage to the United States of America? "Is it purely a hatred of 'TRUMP?' What other reason could it be?" Major US indexes shot up on open before shedding most of the gains after the ruling was put on hold. The Nasdaq and S&P 500 finished up 0.4 per cent, while the Dow Jones rose 0.3 per cent on Thursday. London's FTSE 250 Index rose 0.3 per cent, Germany's DAX fell 0.4 per cent and the STOXX Europe 600 slumped 0.2 per cent. New Zealand's NZX 50 Index is up 0.3 per cent and Japan's Nikkei 225 is down 1.5 per cent on Friday.
Yahoo
3 days ago
- Business
- Yahoo
CLASS ACTION UPDATE
PERTH, Australia, May 29, 2025 /CNW/ - Paladin Energy Ltd (ASX:PDN, TSX:PDN, OTCQX:PALAF) (Paladin) refers to its announcement dated 16 April 2025 regarding a class action proceeding in the Supreme Court of Victoria. Paladin has become aware that another class action law firm intends to file proceedings against Paladin in the Supreme Court of Victoria involving similar claims to the existing class action proceedings except that the allegations relate to the period between 27 June 2024 and 25 March 2025. Paladin intends to strongly defend any proceedings in relation to these matters, if they are commenced This announcement has been authorised for release by the Board of Directors of Paladin Energy Ltd. For further information contact: Investor Relations Head Office Paula Raffo Paladin Investor Relations T: +61 8 9423 8100 E: Canada Bob Hemmerling Paladin Investor Relations T: +1 250-868-8140 E: Media Head Office Anthony Hasluck Paladin Corporate Affairs T: +61 438 522 194 E: Canada Ian Hamilton, Partner FGS Longview T: +1 905-399-6591 E: SOURCE Paladin Energy Ltd View original content to download multimedia: Sign in to access your portfolio
News.com.au
23-05-2025
- Business
- News.com.au
Closing Bell: ASX adds 0.15pc as uranium stocks burn white hot
Info Tech, Energy sectors leads ASX higher Trump rumoured to sign nuclear executive order tonight Uranium stocks surge higher The ASX posted a 0.15% gain in trade today, resisting uncertainty from a mixed session on Wall Street. The Info Tech and Energy sectors were the MVPs, up more than 1% each. Silex Systems (ASX:SLX) added 16.44%, Novonix (ASX:NVX) gained 10.23% and Fineos (ASX:FCL) lifted 5.51%. Otherwise, the big movements were pretty much all in uranium stocks: Boss Energy (ASX:BOE) +12.82% Lotus Resources (ASX:LOT) +11.77% Bannerman Energy (ASX:BMN) +11.66% Deep Yellow (ASX:DYL) +9.13% Paladin Energy (ASX:PDN) +7.02% Those gains boosted the ASX Small Ordinaries index, which added 0.42% alongside strength in ASX200 Bank and All Technology indices. So, why is uranium so hot right now? Is Trump about to kick-start the nuclear industry? Reuters has reported US President Trump will sign an executive order to boost the nuclear energy industry in the US as early as this evening, according to four unnamed sources said to be familiar with the matter. A draft of the orders apparently details several measures the administration will take, including: Directing agencies to permit new nuclear facilities Streamlining development processes Encouraging increased loan guarantees and direct loans to increase the rate of reactor construction While this information comes from only a draft of potential orders, if Trump does sign them as expected, it could kick-start the US uranium industry. Australia has one of the largest uranium resources in the world. After Russia and China, we're also one of the largest producers of uranium ore globally. Given the US is very keen to divest away from those two spheres of influence at present, the Australian uranium market is a very attractive – and strategically viable – option. Even without Trump's intervention, the uranium market has been moving back into bullish territory based on market fundamentals, with demand beginning to outstrip supply. Spot uranium prices hit a 17-year-high in January at US$107/pound before dramatically pulling back to US$63.45/pound by mid-March. Since then, the commodity has soared 20% to US$71.25 per pound, with term contract pricing remaining steady at US$80/pound. Unlike most commodities, uranium generally isn't traded on the open market. Most demand comes from utilities who buy directly from producers in long-term contracts. Those utilities are currently buying uranium in the spot market, an indication they're testing the waters before locking in new long-term contracts. Regardless of whether the bullish sentiment will last, ASX uranium stocks are already benefiting. ASX SMALL CAP LEADERS Today's best performing small cap stocks: Security Name Last % Change Volume Market Cap RPG Raptis Group Limited 0.025 79% 438470 $2,454,864 BMO Bastion Minerals 0.0015 50% 1795015 $903,628 IS3 I Synergy Group Ltd 0.003 50% 275833 $1,001,460 MOM Moab Minerals Ltd 0.0015 50% 1042927 $1,733,666 MRD Mount Ridley Mines 0.003 50% 35000 $1,556,978 LKY Locksleyresources 0.049 48% 21190464 $4,840,000 CCE Carnegie Cln Energy 0.059 37% 1011600 $15,746,749 JNS Januselectricholding 0.295 34% 1771128 $19,630,557 CTO Citigold Corp Ltd 0.004 33% 261227 $9,000,000 M2R Miramar 0.004 33% 9531101 $2,990,470 CXU Cauldron Energy Ltd 0.009 29% 40399653 $10,229,832 REC Rechargemetals 0.019 27% 2051248 $3,854,850 G50 G50Corp Ltd 0.125 25% 594487 $16,059,766 ASR Asra Minerals Ltd 0.0025 25% 272810 $5,533,072 BPP Babylon Pump & Power 0.005 25% 8000100 $11,082,268 ECT Env Clean Tech Ltd. 0.0025 25% 21587 $7,293,621 EVR Ev Resources Ltd 0.005 25% 600000 $7,943,347 OM1 Omnia Metals Group 0.011 22% 4894861 $1,953,825 CML Connected Minerals 0.195 22% 346077 $6,617,314 CMO Cosmometalslimited 0.018 20% 385865 $4,832,034 BCA Black Canyon Limited 0.06 20% 188152 $6,482,535 AHN Athena Resources 0.006 20% 16406354 $11,329,785 CCO The Calmer Co Int 0.003 20% 3686955 $7,528,289 FBR FBR Ltd 0.006 20% 4962507 $28,447,261 PIL Peppermint Inv Ltd 0.003 20% 838 $5,594,098 Making news… Locksley Resources (ASX:LKY) is sending its exploration team to the Mojave Project in California this June, ahead of expected drill permit approvals. It's prepping for a September quarter drill campaign targeting rare earths and antimony, with up to 12.1% TREO and 46% Sb reported at key sites. The project sits near MP Materials' Mountain Pass Mine and includes the historically high-grade Desert Antimony Mine. Janus Electric Holdings (ASX:JNS) is also climbing, after listing to the ASX two days ago at a share price of $0.20. JNS has since climbed as high as $0.29 intraday, a strong indication of investor interest in the newly listed heavy vehicle conversion and swappable battery company. Cauldron Energy (ASX:CXU) is riding a bullish uranium wave higher today. Yesterday, the company identified an extensive palaeochannel system at Manyingee South, recently acquired from Wyloo Metals. The company reckons the new tenements are within a fertile uranium province, with favourable geology for uranium mineralisation. ASX SMALL CAP LAGGARDS Today's worse performing small cap stocks: Security Name Last % Change Volume Market Cap FTC Fintech Chain Ltd 0.002 -67% 3987832 $3,904,618 ALR Altairminerals 0.002 -33% 2116764 $12,890,233 PRM Prominence Energy 0.002 -33% 362264 $1,167,529 VML Vital Metals Limited 0.002 -33% 60320883 $17,685,201 GMN Gold Mountain Ltd 0.0015 -25% 313580 $10,267,776 OVT Ovanti Limited 0.003 -25% 94727528 $11,174,060 FGH Foresta Group 0.007 -22% 465911 $23,876,158 CHM Chimeric Therapeutic 0.004 -20% 7564125 $9,253,431 ERA Energy Resources 0.002 -20% 5216771 $1,013,490,602 PKO Peako Limited 0.002 -20% 306870 $3,719,355 ENX Enegex Limited 0.013 -19% 10000 $6,094,753 REZ Resourc & En Grp Ltd 0.013 -19% 603338 $10,746,226 CRN Coronado Global Res 0.11 -19% 30458267 $226,321,254 APC APC Minerals 0.009 -18% 17205 $3,222,267 JGH Jade Gas Holdings 0.028 -18% 960000 $57,352,362 EXL Elixinol Wellness 0.015 -17% 738101 $3,974,762 ANR Anatara Ls Ltd 0.005 -17% 542291 $1,280,302 BUY Bounty Oil & Gas NL 0.0025 -17% 502755 $4,684,416 TRI Trivarx Ltd 0.01 -17% 5587540 $7,408,730 FNR Far Northern Res 0.13 -16% 132591 $6,241,203 HYT Hyterra Ltd 0.028 -15% 2612279 $53,920,643 TAS Tasman Resources Ltd 0.017 -15% 43039 $3,682,852 RAU Resouro Strategic 0.17 -15% 25780 $8,357,564 CRR Critical Resources 0.003 -14% 163000 $9,149,774 DTM Dart Mining NL 0.003 -14% 100000 $4,193,195 Fintech Chain (ASX:FTC) has applied to delist from the ASX, due to a consistently low share price, low liquidity, and negative market sentiment. Vital Metals (ASX:VML) has consolidated its shares, reducing its quoted securities from 5 trillion to 117 million. The company's shares have been consolidated on a 50 to one basis, with both options and performance rights following the same ratio. IN CASE YOU MISSED IT West Coast Silver (ASX:WCE) is gearing up for a diamond drilling program at the Elizabeth Hill project in WA. The company is targeting down-plunge extensions to silver mineralisation, focusing on high-grade zones. Assays for two diamond holes have dramatically increased the scope of the rare earths, niobium and molybdenum discovery at Aldoro Resources' (ASX:ARN) drilling program at the Kameelburg rare earths and niobium discovery in Namibia. EBR Systems (ASX:EBR) has raised $55.9 million, alongside a $6 million share purchase plan, to progress commercialisation of its WISE CRT system. Trading Halts At Stockhead, we tell it like it is. While West Coast Silver, Aldoro Resources and EBR Systems are Stockhead advertisers, they did not sponsor this article.
News.com.au
23-05-2025
- Business
- News.com.au
Lunch Wrap: ASX creeps up as Bitcoin soars, uranium stocks blast off
ASX edges up on Friday morning Bitcoin hits $111K as crypto gets cosy with Washington
 ASX uranium stocks go nuclear on Trump's energy play
 The ASX managed a modest rise of 0.30% by lunch time AEST Friday. Wall Street set the tone with a seesaw session that ended more or less flat. The headline overnight was the 10-year US Treasury yield, which dropped 7 basis points to 4.53%. That gave traders a moment to breathe after a hectic week of sell-offs over runaway US deficits. Meanwhile, Bitcoin is blowing the roof off, smashing through $110,000 for the first time ever and hitting $111,240 at this time of writing. A couple of things have been fuelling cryptos. First, a US Senate vote this week moved forward the so-called GENIUS Act, an industry-backed bill that could finally give crypto some clear rules. Second, when faith in the US dollar wobbles, as it is now, some investors start hunting for safe-haven alternatives, and Bitcoin's looking like the new gold for a few more people. Back home, the big boom this morning came from uranium stocks, which are absolutely lighting up the ASX board. Word is that Trump's about to sign executive orders to give America's nuclear sector a big adrenaline shot. According to sources, these orders would declare a national emergency, and unleash the Cold War-era Defence Production Act. This would send both the Department of Energy and Defence off to scout for nuclear-ready land and fast-track approvals for next-gen reactors. Paladin Energy (ASX:PDN) rocketed 8% on the news, Boss Energy (ASX:BOE) surged over 12%, and Deep Yellow (ASX:DYL) blasted up 8.3%. In large caps new, Rio Tinto (ASX:RIO) announced that its CEO Jakob Stausholm is stepping down later this year. After steering the company through a turbulent few years, Stausholm will only hang around until Rio finds a replacement. Chairman Dominic Barton says Rio's strategy will stay the same, it's just time for new hands on the wheel. Rio's shares were down 1%. And, engineering company Duratec (ASX:DUR) got smashed 5.5% after trimming its full-year revenue forecast, blaming slow project awards and bad weather. ASX SMALL CAP WINNERS Here are the best performing ASX small cap stocks for May 23 : Security Description Last % Volume MktCap RPG Raptis Group Limited 0.025 79% 400,000 $2,454,864 BMO Bastion Minerals 0.002 50% 1,795,015 $903,628 LNR Lanthanein Resources 0.002 50% 400,000 $2,443,636 MOM Moab Minerals Ltd 0.002 50% 1,042,927 $1,733,666 LKY Locksley Resources 0.045 36% 8,175,905 $4,840,000 CTO Citigold Corp Ltd 0.004 33% 261,227 $9,000,000 ASR Asra Minerals Ltd 0.003 25% 272,810 $5,533,072 BPP Babylon Pump & Power 0.005 25% 8,000,000 $11,082,268 CAV Carnavale Resources 0.005 25% 16,666 $16,360,874 EVR Ev Resources Ltd 0.005 25% 500,000 $7,943,347 DUB Dubber Corp Ltd 0.018 20% 14,439,119 $39,350,512 REC Rechargemetals 0.018 20% 710,033 $3,854,850 G50 G50Corp Ltd 0.120 20% 546,576 $16,059,766 CCO The Calmer Co Int 0.003 20% 1,351,982 $7,528,289 FBR FBR Ltd 0.006 20% 4,006,930 $28,447,261 AKN Auking Mining Ltd 0.007 17% 100,000 $3,448,673 DTI DTI Group Ltd 0.007 17% 1,300,000 $2,691,308 GLL Galilee Energy Ltd 0.007 17% 100,000 $4,243,157 TYX Tyranna Res Ltd 0.004 17% 324,000 $9,865,276 TMG Trigg Minerals Ltd 0.063 17% 28,814,795 $49,888,974 MVL Marvel Gold Limited 0.016 14% 1,459,235 $15,116,337 AWJ Auric Mining 0.215 13% 62,759 $28,301,140 SLA Solara Minerals 0.130 13% 56,884 $6,668,255 MGU Magnum Mining & Exp 0.009 13% 151,091 $8,973,207 Locksley Resources (ASX:LKY) is sending its exploration team to the Mojave Project in California this June, ahead of expected drill permit approvals. It's prepping for a September quarter drill campaign targeting rare earths and antimony, with up to 12.1% TREO and 46% Sb reported at key sites. The project sits near MP Materials' Mountain Pass Mine and includes the historically high-grade Desert Antimony Mine. Auric Mining (ASX:AWJ) has locked in $6.66 million through a strongly backed share placement at 18 cents a pop, bringing in new funds and fresh support from existing holders. The cash injection gives it the firepower to wrap up its Burbanks Gold Facility deal, and finalise the Lindsay's Project, home to the Parrot Feathers Gold Mine. With gold prices flying near record highs, Auric reckons the timing's perfect to ramp up production. ASX SMALL CAP LOSERS Here are the worst performing ASX small cap stocks for May 23 : Code Name Price % Change Volume Market Cap FTC Fintech Chain Ltd 0.002 -67% 2,789,514 $3,904,618 ALR Altairminerals 0.002 -33% 1,756,764 $12,890,233 VML Vital Metals Limited 0.002 -33% 21,725,645 $17,685,201 GMN Gold Mountain Ltd 0.002 -25% 310,989 $10,267,776 OVT Ovanti Limited 0.003 -25% 378,539 $11,174,060 OCN Oceanalithiumlimited 0.054 -21% 249,122 $9,349,754 CHM Chimeric Therapeutic 0.004 -20% 5,507,697 $9,253,431 VRC Volt Resources Ltd 0.004 -20% 130,675 $23,423,890 APC APC Minerals 0.009 -18% 17,205 $3,222,267 FDR Finder 0.041 -18% 2,088 $14,214,416 IG6 Internationalgraphit 0.047 -18% 282,890 $11,032,825 ANR Anatara Ls Ltd 0.005 -17% 510,625 $1,280,302 BUY Bounty Oil & Gas NL 0.003 -17% 502,755 $4,684,416 TRI Trivarx Ltd 0.010 -17% 4,748,466 $7,408,730 RAU Resouro Strategic 0.170 -15% 25,780 $8,357,564 CRR Critical Resources 0.003 -14% 63,000 $9,149,774 DTM Dart Mining NL 0.003 -14% 100,000 $4,193,195 GCM Green Critical Min 0.012 -14% 2,142,221 $27,484,496 OLI Oliver'S Real Food 0.006 -14% 1,663 $3,785,123 PV1 Provaris Energy Ltd 0.010 -14% 770,153 $7,678,014 NPM Newpeak Metals 0.013 -13% 539,357 $4,831,076 ICR Intelicare Holdings 0.007 -13% 834,607 $3,889,505 RMX Red Mount Min Ltd 0.007 -13% 221,816 $3,719,662 SER Strategic Energy 0.007 -13% 129,502 $5,368,267 IN CASE YOU MISSED IT West Coast Silver (ASX:WCE) is gearing up for a diamond drilling program at the Elizabeth Hill project in WA. The company is targeting down-plunge extensions to silver mineralisation, focusing on high-grade zones. At Stockhead, we tell it like it is. While West Coast Silver is a Stockhead advertiser, they did not sponsor this article.
