Finance & Markets

Escaping volatilityElders delivers strong half-year results

It’s been a tumultuous year for Elders, with devastating bushfires and COVID-19, but on the upside there’s been drought-breaking rain across many parts of Australia.

Jenne Brammer

Smooth appointmentPilbara pastoralist a smooth appointment for Kalium

Kalium Lakes announced today that Brent Smoothy, who oversees a vast pastoral portfolio in WA’s north, would join the company’s board alongside another incoming non-executive director, Mark Sawyer.

Zach Relph

Money securedAustralian Potash completes $2 million share placement

The aspiring sulphate of potash producer told shareholders this morning it had received firm commitment for $2 million through a placement of 40 million fully paid ordinary shares at 5¢ each.

Zach Relph

Online hikePerth regenerative food start-up’s online sales soar

Monthly online sales orders for its products, which includes grass-fed beef and lamb sourced from WA farmers, had increased from 51 orders in February to 388 orders last month.

Zach Relph

Exploration pauseAspiring SOP producer halts exploration amid pandemic

Trigg Mining told shareholders this morning it had suspended all field-based exploration at its Lake Throssell target, near Laverton, “until circumstances permit a return to the field”.

Zach Relph

Fast FoodFood delivery no longer out of box

“But the fast-paced consumer convenience (is growing) because people are impatient.”

Zach Relph

Potash potentialTrigg drills down on potential for potash

Trigg Mining confirmed last Monday a geophysics team and an air-core drill rig had mobilised at its 2350sqkm Laverton Links SOP project to determine its mineral resource estimate.

Zach Relph

Done dealWellard to sell and leaseback Ocean Swagman

The decision comes as part of Wellard’s bid to generate cashflow after it posted a $48.4 million annual loss in August.

Zach Relph

Meat exportsLicence opens door to SE Asia for Wide Open Ag

The Perth-based company told shareholders this morning the Department of Agriculture had granted its non-packer meat export licence.

Zach Relph

Public tiltSulphate of potash junior set to hit ASX boards

“I would like to thank all of the seed shareholders and subscribers under the IPO for their support.”

Zach Relph

Salt lakesGoldfields’ premium potash potential hailed

In a statement to the market, Salt Lake claimed the results meant the product was comparable to other premium-grade soluble products.

Jason Mennell

Tilt haltedSulphate of potash hopeful puts ASX listing on hold

Aspiring sulphate of potash producer Trigg Mining has delayed its Australian Securities Exchange listing.

Zach Relph

Market pathwayAspiring potash producer inks port deal

“This agreement allows APC to further optimise the logistics and port options for the project.”

Zach Relph

Growing marketWA salt lakes could hold sustainable food key

“Potassium is one of the four key macro-nutrients for plant growth and it’s just not there in the soils, we need to keep replenishing it.”

Zach Relph

Fertiliser fancySalt Lake tenement deal secured

Salt Lake Potash told shareholders yesterday it had agreed to acquire the Blackham Resources tenements.

Zach Relph

Potash projectsDiggers eyed for potash findings at Lake Wells

“We are in the last fortnight of the last programs of work in the field for the definitive feasibility study.”

Jason Mennell

Race to finishStrong potash interest as production race continues

“For the greater picture of production, we have a lot of strong interest from around the world.”

Josh Chiat

Fertiliser bidBrine project at mothballed Goldfields mine on track

Salt Lake Potash is on track to extract high-grade brine from the mothballed Williamson gold mine in the northern Goldfields.

Josh Chiat

FMD boostWA defies $1.2 billion FMD drawdown

WA farmers have squirrelled away $6 million in Farm Management Deposit Schemes during the past six months, defying record withdrawals nationwide.

Sam Jones and Cally Dupe

Buy outManufacturer Horwood Bagshaw in new hands

The South Australian-based company claims to have 15 per cent of Australia’s tillage and seeding equipment market.

Peter Milne

Investor appealWide Open Agriculture reaches $5 million mark

The board this week was expected to extend the IPO to June 21, eight weeks after launching their share-raising campaign.

Ann Rawlings

On the wheySW cheese factory revival as China gets taste of WA

Some 60 million litres of milk, or 15 per cent of the State’s annual supply, will be used to make 6000 tonnes of cheese at the factory, mostly for export to China.

Jenne Brammer