Accelerate Resources (ASX:AX8) has announced that a heritage agreement has been executed for its Prinsep Lithium Project.

This development marks a significant step forward in the realisation of the project.

Accelerate Resources (ASX:AX8) is a mining company focused on resource exploration and extraction.

MC Mining (ASX:MCM) has announced that it has received a non-binding indicative offer from Vulcan Resources.

The offer ranges between A$0.17 and A$0.20 per share, potentially valuing the company’s equity in the range of A$69.34 million to A$81.58 million.

The proposal from Vulcan Resources integrates a letter of offer, the terms of which are yet to be evaluated by an independent board committee.

This indicative price range seems to be higher compared to the current takeover offer price of A$0.16 per share by Goldway Capital Investment.

However, the company stressed there is no certainty that any formal offer by Vulcan Resources will be received, or what its final terms might entail.

MC Mining is a producer of a variety of natural resources in multiple locations worldwide.

On Monday, Australian shares (ASX:AXJO) are expected to open lower following their all-time high during the previous session.

The anticipated drop is largely due to a likely decrease in both mining and energy stocks driven by a drop in fundamental commodity prices.

The local share price index futures indicated a decline of 0.6%, marking a 36.0-point discount to the underlying S&P/ASX 200 index’s closure.

On Friday, the benchmark had climbed by 1.1%.

The New Zealand market’s leading S&P/NZX 50 index was also facing a downward trend in the early trading hours, falling 0.5% at 11,865.74 points.

The reporting was carried out by Aaditya Govind Rao in Bengaluru with Sandra Maler responsible for the editing.

The S&P/ASX 200 index (ASX:AXJO) measures the performance of the 200 largest and most liquid listed companies in Australia.

Citi’s analysts anticipate that Paladin Energy (ASX:PDN), the Australian uranium miner, stands to benefit from the yearly results of Kazakhstan’s Kazatomprom, due to be released soon.

The brokerage foresees a potential downgrade in Kazatomprom’s CY25 production guidance for uranium ore, otherwise known as U3O8.

As Kazatomprom currently accounts for 40% of the global U3O8 mined supply, these impending results could instigate a surge in prices, to the potential advantage of Paladin Energy’s share price.

Year-To-Date, Paladin Energy’s stock has already witnessed a remarkable increase of 26.4%, based on the most recent closing data.

Paladin Energy is an Australian uranium mining company.

Citi analysts are choosing to keep their stance neutral on the fast-food retailer based in Australia, Domino’s Pizza Enterprises (ASX:DMP).

Post H1 FY24 results, the brokerage house has become somewhat more bullish on Domino’s ability to perform and execute effectively.

Despite witnessing improved momentum in the Japanese market recently, they belive it is worth waiting to see if this progress continues and if France starts to show signs of shift.

The performance of Domino’s in Australia and New Zealand has been admirable, however, ‘comps’ or comparable store sales will become increasingly challenging to maintain from the middle of the year, as per Citi.

It raises some concerns if short to medium-term roll out estimates become overstated and ultimately need adjustments for Domino’s.

According to LSEG data, out of 14 analysts, six have rated the stock as ‘buy’ or higher, six prefer to ‘hold’ and two have suggested ‘sell’ or lower.

Interestingly, their median price target is A$45.82.

As of the last close, Domino’s has marked a 22.6% decline YTD. Domino’s Pizza Enterprises (ASX:DMP) is a quick-service food retailer based in Australia.

Amid the prospect of Russian gas disruption, Japan, a resource-hit nation, is securing long-term supplies of liquefied natural gas from close allies Australia and the United States.

Its key contracts with providers, including Russia, are due to expire by the early 2030s.

Last month, JERA, Japan’s largest power generator, agreed to acquire a 15.1% stake in the Scarborough project of Woodside Energy (ASX:WDS) in Australia.

This was one among a series of deals as the risk of disrupted access to gas from its northern neighbor, following Russia’s invasion of Ukraine, places a heightened need for reliable, long-term supply sources.

LNG makes up around a third of Japan’s power generation and it is the world’s second-largest importer of LNG, after China.

In spite of a drop of 8% in imports in 2022 to the lowest since 2009, as Japan has increased the use of renewable energy and restarted some nuclear reactors following a total shutdown after the Fukushima disaster in 2011, LNG continues to be a major part of Japan’s energy mix.

Woodside Energy is an Australian petroleum exploration and production company, and is one of the world’s largest producers of LNG.

Citi analysts express their short-term preference for Flight Centre Travel (ASX:FLT) over Corporate Travel Management in the realm of Australian travel management firms.

Citi analysts noted that Corporate Travel Management appears to have lost some share in the Australia and New Zealand region, while their competitors are growing at faster rates and exhibiting a favorable mix within the United States.

While acknowledging Corporate Travel Management as a high-quality company anticipated to rebound, the analysts express their immediate preference for Flight Centre Travel due to its operating momentum and improving macro.

They explained that while macro trends such as lower ticket prices and high volumes should have positively influenced both firms, the results were starkly different.

This year to date, Corporate Travel Management’s stock has fallen by 12.6% while Flight Centre Travel’s has increased by 6% as of the last trading session.

Flight Centre Travel (ASX:FLT) is a leading travel management firm based in Australia.

Investors continued to extend record-breaking stock rallies on Friday, prior to Wall Street profit-taking sessions.

Similarly, U.S.

Treasury yields experienced a dip following U.S.

job data that was neither too hot nor too cold, further solidifying the belief that the Federal Reserve will initiate easing by the middle of the year.

The MSCI’s gauge of stocks across the globe rose to its highest level ever, before closing off by 0.27%.

In New York, the S&P 500 (ASX:SPX) and Nasdaq experienced decreases after reaching record numbers during their session.

Particularly, prominent chip stocks underwent a reversal and the mixed labor market report detailed higher than expected new jobs with a rising unemployment rate.

These activities resulted in the Dow Jones Industrial Average falling 68.66 points, or 0.18%, to 38,722.69.

Consequently, the S&P 500 (ASX:SPX) lost 33.67 points, or 0.65%, to 5,123.69, and the Nasdaq Composite endured a loss of 188.26 points, or 1.16%, resulting in 16,085.11.

The S&P 500 is one of 500 stocks chosen for market size, liquidity, and industry grouping, among other factors.

Global stock markets saw investors stretching record-breaking rallies, before Wall Street took profits, while U.S.

Treasury yields dipped after lukewarm U.S.

jobs data reinforced the perception that the Federal Reserve will begin easing by mid-year.

MSCI’s gauge of stocks across the globe saw a slight dip, closing off 0.27% after reaching its highest level ever.

A mixed labor market report saw the S&P 500 and Nasdaq close lower on Friday after hitting record highs during the session.

Chip stocks went into reverse, and more new jobs than expected were coupled with a rising unemployment rate.

The Dow Jones Industrial Average fell 68.66 points, or 0.18%, to 38,722.69, while the S&P 500 lost 33.67 points, or 0.65%, to 5,123.69 and the Nasdaq Composite lost 188.26 points, or 1.16%, to 16,085.11.

Europe’s main stock indices remained flat on Friday, witnessing strong gains throughout the week that saw record highs from German and French shares.

The pan-European STOXX 600 closed flat but logged an all-time high and saw its seventh consecutive weekly advance.

The Nikkei shares average rose in Japan on Friday but ended the week lower for the first time in six weeks due to profit-taking, and sentiments were dampened by the rising bets of the central bank potentially exiting its ultra-loose monetary policy as soon as this month.

In China, stocks rose on Friday, logging a fourth consecutive week of gains, while Hong Kong shares followed suit, mirroring global peers' performance on expectations of rate cuts by global central banks.

In Australia, shares witnessed a record high on Friday, boosted by interest rate-sensitive financial stocks

An opposition coalition in Senegal, supported by renown rabble-rouser Ousmane Sonko, unveiled its presidential campaign platform this Saturday.

It seeks to institute a new national currency and renegotiate mining and energy agreements, bringing potential consequences for Woodside Energy (ASX:WDS).

Public opinion polls for the election are non-existent in Senegal, but the coalition’s candidate, Bassirou Diomaye Faye, is pointed out as a prime contender among the 19 presidential candidates.

The impending presidential election is scheduled for March 24.

Should Faye emerge victorious, the coalition’s proposed changes could considerably impact the West African Economic and Monetary Union’s eight nations and Senegal’s ambitions of becoming an oil producer this year.

Faye, in his preface to the consortium’s 84-page platform document, emphasized that complete independence cannot be attained without full control over the country’s economy, including livestock management, fisheries, and agriculture.

Therefore, the coalition is ardently devoted to obtaining food, digital, fiscal, energy, and scientific sovereignty.

After Sonko was barred from participating over a defamation conviction, Sonko’s dissolved Pastef party and other parties formed the coalition and selected Faye as a front-runner.

Sonko’s notable support base, primarily among youth frustrated with economic difficulty and a dearth of job opportunities, makes this formation a cause for concern for competitors.

The coalition’s platform maps out resolutions to combat inequality and enhance employment, but it also anticipates important governance restructuring, such as instituting a vice-president role and abolishing the prime minister position.

Plans that could potentially unsettle regional associates and investors include tax and customs reforms, the introduction of national currency, and the renegotiation of contracts pertaining to mining, hydrocarbons, public procurements, and infrastructure.

The coalition has not provided specifics on how it plans to restructure contracts but said it will ensure that ‘the mining industry becomes a significant lever of our socio-economic development’ and ‘to increase revenues from oil production’.

The Sangomar oil and gas project, run by Woodside Energy (ASX:WDS), is slated to commence production in mid-2024 and aims to yield approximately 100,000 barrels daily.

Woodside Energy is an Australian petroleum exploration and production company.