Ardea Locks in Japanese Giants for Kalgoorlie Nickel Project
A giant Japanese consortium has committed to backing the development of Ardea Resources’ Goongarrie Hub project in Western Australia’s Goldfields region – a major milestone for the nickel-cobalt operation billed by the Federal Government as “globally significant”.
Petra Capital Sticks to Its Buy Rating for Ardea Resources Ltd. (ARRRF)
America under inflation: consumers and businesses sit idly by in the stock and bond market
American companies and consumers are worried about the upward pressure on prices; the balance of profit and loss is basically the same; technology stocks outperform cyclical stocks regardless of the White House, consumer price data, or performance conference calls; concerns about inflation dragging down the economy are ubiquitous. There are only two local exceptions, the stock and bond markets. Investors seem to actually believe Powell's “temporary theory” of inflation. Although the inflation rate has reached a high of more than ten years, the measure of inflation expectations in the bond market — the break-even inflation rate — has hardly changed over the past month. At the same time, it is thought to be vulnerable to a rebound in price pressure
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