-- Bank of Canada looks "a bit" overpriced for rate hikes, given a tepid Canadian economy, said Deutsche Bank.
Despite Canada being a huge net energy exporter, the Canadian dollar (CAD) has underperformed, consistent with the bank's bearish CAD view.
Emerald Resources (ASX:EMR) said it intersected gold mineralization at its Dingo Range Gold Project in Western Australia, as well as at its Memot Gold Project, Okvau Gold Mine, and exploration tenure in Cambodia during the quarter ended March 31, according to a Tuesday Australian bourse filing.The results were up to 45 meters at 4.1 grams per tonne gold from 619 meters at the Dingo Range Gold Project, including 18.5 meters at 5.2 grams per tonne gold from 641 meters.The company said that exploration since the January mineral resource estimate has targeted both open pit extensions and underground potential at the Dingo Range Gold Project.Drilling results from the Memot Gold Project were up to 2 meters at 50.3 grams per tonne gold from 40 meters and 14 meters at 3.4 grams per tonne gold from one meter, the filing added.Intersections from the Okvau Gold Mine were of up to 3 meters at 59 grams per tonne gold from 347 meters and 22 meters at 1.9 grams per tonne gold from 448 meters.
Australian Clinical Labs (ASX:ACL) denied the claims made in the representative proceeding filed in the Victorian Supreme Court by a Michelle Raab-Ivanov and plans to "vigorously" defend it, according to a Tuesday filing with the Australian bourse.The proceeding was expressed to be on behalf of persons who were customers of the company and/or its Medlab Pathology subsidiary before July 15, 2022, and whose personal information was affected by a cyberattack on Medlab Pathology in February 2022, the filing said.The statement of claim purports to seek damages for affected individuals based on alleged breaches of the Australian Consumer Law, per the filing.
Challenger (ASX:CGF) will redeem all of its outstanding Challenger capital notes 3 on May 25 at their face value of AU$100 each in cash, according to a Tuesday filing with the Australian bourse.The redemption has been approved by the Australian Prudential Regulation Authority.A final distribution of AU$1.47 per note is expected to be paid on May 25 to all registered holders as of May 15, the company said.