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Macro Metals Limited

0.011

+0.000

Volume:585.59K

Turnover:6.44K

Market Cap:43.32M

PE:-2.04

High:0.011

Open:0.011

Low:0.011

Close:0.011

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Overview Company News Filings

Macro Metals expands focus area at Wandanya in preparations for drilling work

The Market Herald

We're Hopeful That Macro Metals (ASX:M4M) Will Use Its Cash Wisely

Simply Wall St.

Macro Metals Ltd-Update on Goldsworthy East Drilling Programme

THOMSON REUTERS

Macro Metals Partners with NORDEN Shipping on Transhipping Facility in Western Australia; Shares Up 6%

MT Newswires Live

BRIEF-Macro Metals To Collaborate With Norden On Transhipping Facilities

ASX Alert-Macro to Collaborate With Norden on Transhipping Facilities-M4m.ax

THOMSON REUTERS

Macro Metals Acquries 80% Interest in Western Australian Manganese Assets

MT Newswires Live

Macro Metals Starts Reverse Circulation Drilling Program at Goldsworthy East Project in Western Australia

MT Newswires Live

Here's Why We're Not Too Worried About Macro Metals' (ASX:M4M) Cash Burn Situation

Simply Wall St.

Macro Metals Secures Drill Approval for Western Australia Project; Shares Decline 5%

MT Newswires Live

Macro Metals Identifies Further Hematite Mineralization at Western Australia Project; Shares Down 5%

MT Newswires Live

ASX Market Close: Index claws back early losses as Real Estate stocks rally | September 9, 2024

The Market Herald

Macro Metals Secures Exploration License for Western Australia Project; Shares Rise 5%

MT Newswires Live

Macro Metals Secures Exploration License for Western Australia Project; Shares Rise 5%

MT Newswires Live

Insider Buyers At Macro Metals Sitting On AU$7.8m Profit

Simply Wall St.

ASX Market Close: Index recovers on CPI relief | August 28, 2024

The Market Herald

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Metals expands focus area at Wandanya in preparations for drilling work","url":"https://stock-news.laohu8.com/highlight/detail?id=2480317436","media":"The Market Herald","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2480317436?lang=en_us&edition=fundamental","pubTime":"2024-11-04 09:29","pubTimestamp":1730683740,"startTime":"0","endTime":"0","summary":"Macro Metals Ltd  completed a detailed program of mapping and rock chip sampling at its Wandanya Manganese Project in WA’s Eastern Pilbara last month, allowing it to define priority drill targets and submit manganese samples for laboratory testing.The program also represented an extension of Macro’s area of focus at the play: traditionally, exploration has targeted the Donkey prospect, but recent fieldwork at two other prospects – Crossroads and Wandanya – has indicated their potential in terms of grade and scale, although they have yet to be drill tested.Previous rock chip sampling in these areas yielded grades of up to 55.2% manganese , and 64.96% .“I wish to thank our partners at RSC Consulting who have really assisted our internal technical team fast track above ground evaluation and have provided invaluable visual information that has been used to further refine the drill targeting planning at Wandanya,” he said.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://themarketonline.com.au/macro-metals-expands-focus-area-at-wandanya-in-preparations-for-drilling-work-2024-11-04/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"markerherald_stock","symbols":["M4M.AU","BK7129"],"gpt_icon":0},{"id":"2479600710","title":"We're Hopeful That Macro Metals (ASX:M4M) Will Use Its Cash Wisely","url":"https://stock-news.laohu8.com/highlight/detail?id=2479600710","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2479600710?lang=en_us&edition=fundamental","pubTime":"2024-10-31 05:57","pubTimestamp":1730325470,"startTime":"0","endTime":"0","summary":"Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at 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REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2478690188?lang=en_us&edition=fundamental","pubTime":"2024-10-25 06:42","pubTimestamp":1729809775,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241024:nTUEVHNFS:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK7129","M4M.AU"],"gpt_icon":0},{"id":"2476665418","title":"Macro Metals Partners with NORDEN Shipping on Transhipping Facility in Western Australia; Shares Up 6%","url":"https://stock-news.laohu8.com/highlight/detail?id=2476665418","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2476665418?lang=en_us&edition=fundamental","pubTime":"2024-10-18 10:15","pubTimestamp":1729217704,"startTime":"0","endTime":"0","summary":"Macro Metals  signed a memorandum of understanding  with NORDEN Shipping  to establish an incorporated special purpose vehicle for a bulk commodity transhipping facility in Western Australia, according to a Friday filing with the Australian Securities Exchange.The proposed multi-user facility aims to provide an infrastructure solution for the receipt, handling, and ship-loading of bulk commodities onto transhipping vessels, the filing said.Shares of Macro Metals rose 6% in midday trade.Price : $0.02, Change: $+0.0010, Percent Change: +5.56%","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["AUD","BK4125","M4M.AU","BK4168","WRN","XAO.AU","XJO.AU","XKO.AU","BK7129"],"gpt_icon":0},{"id":"2476493160","title":"BRIEF-Macro Metals To Collaborate With Norden On Transhipping Facilities","url":"https://stock-news.laohu8.com/highlight/detail?id=2476493160","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2476493160?lang=en_us&edition=fundamental","pubTime":"2024-10-18 08:54","pubTimestamp":1729212863,"startTime":"0","endTime":"0","summary":"Oct 18 (Reuters) - Macro Metals Ltd   :   * MACRO TO COLLABORATE WITH NORDEN ON TRANSHIPPING FACILITIESFurther company coverage:    ((Reuters.Briefs@thomsonreuters.com;))","market":null,"thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK7129","M4M.AU"],"gpt_icon":0},{"id":"2476452897","title":"ASX Alert-Macro to Collaborate With Norden on Transhipping Facilities-M4m.ax","url":"https://stock-news.laohu8.com/highlight/detail?id=2476452897","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2476452897?lang=en_us&edition=fundamental","pubTime":"2024-10-18 06:11","pubTimestamp":1729203104,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241017:nFWN3LT1NH:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["M4M.AU","BK7129"],"gpt_icon":0},{"id":"2475969419","title":"Macro Metals Acquries 80% Interest in Western Australian Manganese Assets","url":"https://stock-news.laohu8.com/highlight/detail?id=2475969419","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2475969419?lang=en_us&edition=fundamental","pubTime":"2024-10-16 05:22","pubTimestamp":1729027331,"startTime":"0","endTime":"0","summary":"Macro Metals  acquired an 80% interest in the DSO manganese assets in Western Australia from Firebird Metals , according to a Tuesday filing with the Australian bourse.The companies agreed to remove the Midgengadge project from the acquired tenement package and will only acquire 80% of the Wandanya and Disraeli projects, the filing stated.The amended agreement requires a minimum expenditure of AU$112,500 across the two projects and at least 10 reverse circulation drill holes for no less than 100 meters drilled on each project.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["XJO.AU","WRN","M4M.AU","BK4168","BK7129","XKO.AU","FRB.AU","XAO.AU"],"gpt_icon":0},{"id":"2472868326","title":"Macro Metals Starts Reverse Circulation Drilling Program at Goldsworthy East Project in Western Australia","url":"https://stock-news.laohu8.com/highlight/detail?id=2472868326","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2472868326?lang=en_us&edition=fundamental","pubTime":"2024-10-03 06:30","pubTimestamp":1727908229,"startTime":"0","endTime":"0","summary":"Macro Metals  started its reverse circulation drilling program at the Goldsworthy East project in Western Australia, according to a Wednesday filing with the Australian bourse.The first stage of the program targets at least 30 holes for a total estimated drilling distance of 6,000 to 8,000 meters, the filing stated.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["XKO.AU","XJO.AU","BK7129","BK4168","XAO.AU","M4M.AU","WRN"],"gpt_icon":0},{"id":"2471077738","title":"Here's Why We're Not Too Worried About Macro Metals' (ASX:M4M) Cash Burn Situation","url":"https://stock-news.laohu8.com/highlight/detail?id=2471077738","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2471077738?lang=en_us&edition=fundamental","pubTime":"2024-09-29 06:52","pubTimestamp":1727563954,"startTime":"0","endTime":"0","summary":"Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the right price. For example, Macro Metals  shareholders have done very well over the last year, with the share price soaring by 475%. But while the successes are well known, investors should not ignore the very many unprofitable companies that simply burn through all their cash and collapse.Given its strong share price performance, we think it's worthwhile for Macro Metals shareholders to consider whether its cash burn is concerning. In this article, we define cash burn as its annual  free cash flow, which is the amount of money a company spends each year to fund its growth. We'll start by comparing its cash burn with its cash reserves in order to calculate its cash runway.When Might Macro Metals Run Out Of Money?Macro Metals' cash burn of AU$2.1m is about 2.5% of its AU$83m market capitalisation. That means it could easily issue a few shares to fund more growth, and might","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/ilz_QRJfue4O96SgMglUEQ--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/26cebba865ed1d4633d2eacc31dceb62","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/ilz_QRJfue4O96SgMglUEQ--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/26cebba865ed1d4633d2eacc31dceb62"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/heres-why-were-not-too-225234490.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance_au","symbols":["M4M.AU","BK7129"],"gpt_icon":0},{"id":"2468214662","title":"Macro Metals Secures Drill Approval for Western Australia Project; Shares Decline 5%","url":"https://stock-news.laohu8.com/highlight/detail?id=2468214662","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2468214662?lang=en_us&edition=fundamental","pubTime":"2024-09-20 13:08","pubTimestamp":1726808893,"startTime":"0","endTime":"0","summary":"Macro Metals  secured approval for a program of works at the Goldsworthy East project in Western Australia, according to a Friday filing with the Australian bourse.The approval covers an inaugural drill program at the project involving 30 reverse circulation drill holes, the filing said.Shares of Macro Metals declined 5% in recent Friday trade.Price : $0.02, Change: $-0.001, Percent Change: -5.00%","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["XAO.AU","XJO.AU","XKO.AU","AUD","M4M.AU","BK7129","BK4168","BK4125","WRN"],"gpt_icon":0},{"id":"2468665315","title":"Macro Metals Identifies Further Hematite Mineralization at Western Australia Project; Shares Down 5%","url":"https://stock-news.laohu8.com/highlight/detail?id=2468665315","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2468665315?lang=en_us&edition=fundamental","pubTime":"2024-09-20 11:21","pubTimestamp":1726802469,"startTime":"0","endTime":"0","summary":"Macro Metals  found further surface hematite mineralization following the second phase of mapping and rock chip sampling at Goldsworthy East in Western Australia, according to a Friday filing with the Australian Securities Exchange.Field work extended the southern target area's strike length by 650 meters to the east, while remaining open to the west, the filing said.A systematic mapping program will start in late September to explore the mineralization potential along strike to the west, according to the filing.Shares fell 5% in midday trade on Friday.Price : $0.02, Change: $-0.0010, Percent Change: -5.00%","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["M4M.AU","AUD","XAO.AU","XKO.AU","BK4168","WRN","BK4125","BK7129","XJO.AU"],"gpt_icon":0},{"id":"2466515829","title":"ASX Market Close: Index claws back early losses as Real Estate stocks rally | September 9, 2024","url":"https://stock-news.laohu8.com/highlight/detail?id=2466515829","media":"The Market Herald","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2466515829?lang=en_us&edition=fundamental","pubTime":"2024-09-09 15:25","pubTimestamp":1725866700,"startTime":"0","endTime":"0","summary":"The ASX200 has clawed back earlier losses and closed down 0.32%.The Aussie bourse was driven by quieter than expected by US jobs data which is stoking fears of a recession.Back home, sectors finished a mixed bag, and Discretionary and Energy were both the biggest fallers, down 0.8%. But Real Estate bucked the trend, up 1.1%, Information Technology was up 0.4% and Staples a quarter of a percent.Macro Metals  closed up more than 5.2% after being granted an exploration licence for its Goldsworthy East Project.Opthea  closed up 14% on news the biopharmaceutical play will be added to the ASX300 later this month. In a presentation to investors today, the company says it has a $15 billion market opportunity for the VEGF-A Inhibitor it’s developing.Guzman Y Gomez  closed up 4.8% after being included in the ASX200. The news means index funds will now buy the stock, and fund managers with strict rules will now be free to invest in the company.Global Data Centre  finished down around 6.8%% after ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://themarketonline.com.au/asx-market-close-index-claws-back-early-losses-as-real-estate-stocks-rally-september-9-2024-2024-09-09/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"markerherald_stock","symbols":["LU1720051017.SGD","BK4581","LU2357305700.SGD","LU0098860793.USD","BK7137","BK4504","BK4585","LU1548497426.USD","GYG.AU","BK4534","LU1363072403.SGD","LU1720051108.HKD","LU1074936037.SGD","BK4588","BK4139","OPT","LU1162221912.USD","LU0267386448.USD","BK7142","GDC.AU","IE00BKVL7J92.USD","LU1989772840.SGD","IE00BZ1G4Q59.USD","LU1668664300.SGD","LU1989772923.USD","CNB.AU","M4M.AU","LU0320765646.SGD","LU0971096721.USD","BK7095","BK7508","BK4127","OPT.AU","WDS.AU","LU0314104364.USD","LU0225283273.USD","BK7129","BK7067","LU0106831901.USD"],"gpt_icon":0},{"id":"2466182299","title":"Macro Metals Secures Exploration License for Western Australia Project; Shares Rise 5%","url":"https://stock-news.laohu8.com/highlight/detail?id=2466182299","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2466182299?lang=en_us&edition=fundamental","pubTime":"2024-09-09 12:46","pubTimestamp":1725857210,"startTime":"0","endTime":"0","summary":null,"market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_live","symbols":["BK7129","AUD","XJO.AU","WRN","XAO.AU","XKO.AU","BK4125","M4M.AU","BK4168"],"gpt_icon":0},{"id":"2466182250","title":"Macro Metals Secures Exploration License for Western Australia Project; Shares Rise 5%","url":"https://stock-news.laohu8.com/highlight/detail?id=2466182250","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2466182250?lang=en_us&edition=fundamental","pubTime":"2024-09-09 12:46","pubTimestamp":1725857210,"startTime":"0","endTime":"0","summary":"Macro Metals  secured an exploration license grant for the Goldsworthy East project located in Western Australia, according to a Monday filing with the Australian bourse.The mining firm submitted a permit application to drill around 30 holes at the project to test recently identified hematite outcrops, the filing said.Shares of Macro Metals rose past 5% in recent Monday trade.Price : $0.02, Change: $+0.0010, Percent Change: +5.26%","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["AUD","XKO.AU","BK4168","BK7129","XAO.AU","BK4125","XJO.AU","WRN","M4M.AU"],"gpt_icon":0},{"id":"2465658841","title":"Insider Buyers At Macro Metals Sitting On AU$7.8m Profit","url":"https://stock-news.laohu8.com/highlight/detail?id=2465658841","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2465658841?lang=en_us&edition=fundamental","pubTime":"2024-09-06 05:27","pubTimestamp":1725571665,"startTime":"0","endTime":"0","summary":"Insiders who bought Macro Metals Limited ( ASX:M4M ) stock lover the last 12 months are probably not as affected by...","market":"nz","thumbnail":"https://images.simplywall.st/asset/industry/2055000-choice1-main-header/1585186785008","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/2055000-choice1-main-header/1585186785008"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/au/materials/asx-m4m/macro-metals-shares/news/insider-buyers-at-macro-metals-sitting-on-au78m-profit","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["BK7129","M4M.AU"],"gpt_icon":0},{"id":"2462954438","title":"ASX Market Close: Index recovers on CPI relief | August 28, 2024","url":"https://stock-news.laohu8.com/highlight/detail?id=2462954438","media":"The Market Herald","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2462954438?lang=en_us&edition=fundamental","pubTime":"2024-08-28 15:30","pubTimestamp":1724830200,"startTime":"0","endTime":"0","summary":"The ASX200 pared early losses to close flat today at 8071 points. A steep index-wide sell off eased on relief as Consumer Price Index  data came in at 3.5%.By the end of the session, the Consumer Staples sector had gained 1.4%, while Energy – on the other hand – had shed the same.To the winners first, Lynas Rare Earths  was up 3.4% despite results showing net profit down more than 70%. However, the company’s major works program in Malaysia saw the cost of sales reduced by 17%.Gold miner in Africa, Perseus Mining , gained about 6% on higher FY24 revenue at above US$1 billion; profit after tax of US$365 million; and, a final 3.75-cent dividend.And iron ore play, Macro Metals  finished Wednesday up 12.5% on finding high grade hematite outcrops at its Goldsworthy East project, 100 kilometres inland from Port Hedland.Rio Tinto  has indicated it will support the raise to the tune of $760 million with shares priced at point-2 of a cent.Earnings season on the ASX is coming to a close, but toni","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://themarketonline.com.au/asx-market-close-index-recovers-on-cpi-relief-august-28-2024-2024-08-28/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"markerherald_stock","symbols":["BK7506","BK7509","M4M.AU","PDN.AU","RIO.AU","BK7511","BK7078","BK7104","PRU.AU","BK7083","BK7095","BK7129","LYC.AU","SGR.AU","CPI","BK7507","BHP.AU","ERA.AU"],"gpt_icon":0}],"pageSize":16,"totalPage":3,"pageCount":2,"totalSize":36}]}}