Imelda Cotton
Imelda Cotton has over 20 years experience as a journalist and communications professional. She has spent the bulk of her career in the resources sector, having also worked directly with oil and gas majors and as a journalist covering a vast array of ASX listed companies within the resources, energy, science and health sectors.
TNR Gold Corp welcomes McEwen Mining’s submission of Loz Azules copper project for Argentinian investment incentives
North American producer McEwen Mining (NYSE: MUX) has put forward its US$2.7 billion Los Azules copper project for admission to Argentina’s large investment incentive regime (RIGI), through its subsidiary companies McEwen Copper and Andes Corporación Minera SA. Approximately US$227 million has been committed under the RIGI to complete the project’s feasibility study, conduct additional exploration […]
Blockmate investee Hivello forms strategic alliances to boost DePIN sector ahead of token launch
Decentralised physical infrastructure networks (DePIN) developer Hivello has partnered with three technology agencies in the lead-up to a token launch in August. The company will work with Dubai-based marketing firm Luna PR, technical growth agency Winn Solutions and blockchain specialist Forgd to help expand its reach to seasoned crypto enthusiasts and newcomers who can seamlessly […]
Base Resources receives $375m takeover bid from Energy Fuels to create global critical minerals group
US-based critical minerals producer Energy Fuels has made a takeover bid for Australian company Base Resources (ASX: BSE) to create a billion-dollar global business with a focus on rare earth elements, uranium and mineral sands production. Under the terms of the proposal, Base shareholders will receive 0.026 Energy Fuels shares for each Base share held […]
Silver Lake to take Endeavor Group private in $13b buyout
Technology investment firm will shell out $13 billion to acquire global sports and entertainment company Endeavor Group Holdings (NYSE: EDR) in what is believed to be the biggest private equity-sponsored buyout in over a decade and the largest ever in the sector. The deal comes three years after Endeavor went public. Endeavor is the majority […]
Perimeter Medical Imaging AI confirms positive outcomes from study of artificial intelligence technology on breast cancer surgeries
A peer-reviewed study on an artificial intelligence technology developed by Perimeter Medical Imaging AI (OTC: PYNKF) has identified positive outcomes for breast cancer surgery. When integrated with wide field optical coherence tomography (WF-OCT), Perimeter’s ImgAssist software has been shown to enhance productivity and decision making in surgery margin assessments. The deep learning model showed high […]
Poolbeg Pharma moves closer to granting of patent for POLB 001 to treat multiple diseases
UK biopharmaceutical company Poolbeg Pharma (OTCQB: POLBF) has received a notice of allowance from the US Patent Office in relation to an application for its lead candidate POLB 001 in the treatment of multiple diseases. The notice covers a class of drugs (including POLB 001) for treating hypercytokinaemia (cytokine storm) and for preventing its development […]
Astera Labs makes Nasdaq debut amid AI boom
Astera Labs (NASDAQ: ALAB) made its Nasdaq debut last month with a market capitalisation of $9.68 billion as it tapped into investor enthusiasm for artificial intelligence. The California-based company sells high-speed data transfer technology for AI computing and other cutting-edge data centre applications. It is the first big technology firm to go public this year […]
Incannex releases groundbreaking results from psilocybin trial to treat anxiety, moves to Phase 2b FDA trials
Cannabinoid and psychedelic medicine biotechnology company Incannex Healthcare (NASDAQ: IXHL) has announced positive top-line results from its Phase 2 Psi-GAD1 clinical trial of psilocybin for the treatment of generalised anxiety disorder (GAD). The trial of the seven week treatment program was developed by Incannex in partnership with the Clinical Psychedelic Lab at Melbourne’s Monash University […]
DraftKings in talks for $195m takeover of PointsBet’s US operations
Sports gambling powerhouse DraftKings (NASDAQ: DKNG) has entered into negotiations with Australian online bookmaker PointsBet Holdings (ASX: PBH) following an indicative takeover offer for PointsBet’s US businesses amounting to $195 million. This move from DraftKings emerged a month post Fanatics Betting and Gaming (FBG) agreeing to acquire the same businesses for a cash offer of […]
Rekor Systems reports 108% revenue increase in first quarter 2023
Global artificial intelligence company Rekor Systems Inc (NASDAQ: REKR) has announced increases across the board for the three month period to end March. The company posted a 108% increase in gross revenues to $6.2 million, reflecting a $3.2 million jump over the March 2022 quarter. Recurring revenue for the period — generated from software as […]
Immutep doses first patient in Phase II/III efti trial to treat metastatic breast cancer
Biotechnology company Immutep (ASX: IMM) has safely dosed the first patient at a European clinical site for its integrated Phase II/III AIPAC-003 trial to treat metastatic breast cancer. AIPAC-003 is evaluating the company’s soluble LAG-3 protein and first-in-class MHC Class II agonist known as eftilagimod alpha (efti) in combination with standard-of-care paclitaxel for the treatment […]
Livent and Allkem merge to create $10.6b global lithium chemicals company
Major lithium chemicals players Livent (NYSE: LTHM) and Allkem (ASX: AKE) have announced they will join forces in an all-stock merger of equals to create a $10.6 billion global production house. The companies will combine their complementary range of assets, growth projects and operating skills across lithium extraction and processing under a vertically-integrated business model […]
Blockmate Ventures and Sunified Group to launch world’s first solar token
Blockmate Ventures Inc (OTCQB: MATEF) and renewable energy specialist Sunified Group BV have agreed to jointly launch the world’s first solar token which facilitates solar development and optimization in a blockchain environment. The technology leverages off Sunified’s patented solar UNITY sensors and will allow solar energy to be measured, tokenized and sold, leading to both […]
Nova Minerals unveils 1.1Bt global resource at Estelle gold project in Alaska
Nova Minerals (ASX: NVA) has confirmed an increase in the global resource at its flagship Estelle gold project in Alaska to 1.1 billion tonnes grading 0.3 grams per tonne gold for 9.9 million ounces of contained gold. The resource has now grown to four deposits, all of which remain open, and includes what Nova describes […]
Incannex commences phase 2 trial assessing IHL-675A for treatment of rheumatoid arthritis
Medicinal cannabinoid and psychedelic therapies developer Incannex Healthcare (ASX: IHL) has commenced a phase 2 clinical trial to assess the safety and efficacy of its proprietary anti-inflammatory combination drug IHL-675A in patients with rheumatoid arthritis. The trial is being managed by Avance Clinical and will engage up to 10 sites across Australia and New Zealand, […]
StageZero Life Sciences launches updated care oncology protocol for enhanced cancer treatment
Cancer research company StageZero Life Sciences (OTC: SZLSF) has launched an update to its proprietary care oncology (COC) protocol which uses advanced biomarker testing and an interactive digital health platform to make an enhanced connection between a patient’s metabolic health and cancer outcomes. Research has shown metabolically-targeted drugs have promise as an adjunctive therapy to […]
Solis Minerals acquires new exploration licences at Borborema lithium project
Solis Minerals (ASX: SLM) has acquired 22 exploration licences across 248 square kilometres at the Borborema lithium project in northeastern Brazil. The new areas are greenfield sites which have seen limited systematic exploration for lithium-caesium-tantalum (LCT) bearing pegmatites. The structural geological setting is believed to be similar to the Colina deposit owned by Solis’ largest […]
VIQ Solutions signs multi-year deal to promote Netscribe AI transcription service to India
Canadian developer VIQ Solutions (NASDAQ: VQS) has signed a multi-year deal with e24 Technologies DBA Transcription Hub (Thub) to provide its NetScribe artificial intelligence-powered technology to transcription companies in India. Netscribe employs intelligent speech-to-text technology to quickly turn single speaker and multi-speaker recordings into formatted draft documents for review and edit. VIQ said the product […]
Newmont Corporation makes $17b bid for Newcrest Mining
Australian company Newcrest Mining (ASX: NCM) has received a $17b billion conditional and non-binding indicative takeover bid from global gold producer Newmont Corporation (NYSE: NEM). The offer proposes to acquire 100% of the issued shares of Newcrest through a scheme of arrangement where investors would be entitled to receive 0.380 Newmont shares for each Newcrest […]
Sayona Mining and Piedmont Lithium complete trial ore feed at North American Lithium project
Emerging producer Sayona Mining (ASX: SYA) (OTCQB: SYAXF) has completed a trial feed of ore into the crushing plant at its flagship North American Lithium (NAL) operation in Canada. The trial represents the latest milestone achieved in the restart of lithium production at the site. Earlier this month, the company fed 400 tonnes of spodumene […]