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<WIRE> Resource Development Group (ASX:RDG) Sees Significant Gain after Securing Project Work

Shares in Resource Development Group (ASX:RDG) advanced as much as 11.1% to A$0.050, indicating its best performing day since August 11 if the gains hold.

The company announced that its unit has received project work from a subsidiary of Mineral Resources (ASX:MIN) on its Onslow Iron Project.

The contract holds a value of A$140 million.

This has led Resource Development Group’s shares to reach their highest level since September 11.

Over 702,900 shares have traded hands, 3.2 times the 30-day average volume of 217,455 shares.

Previously, the stock had seen a drop of approximately 22.4% this year, as of the last closing.

Resource Development Group is a construction and engineering firm.


<WIRE> Cyprium Metals (ASX:CYM) Announces Management Update

Cyprium Metals (ASX:CYM) announced a change in its management, with a REPLACEMENT SECRETARY taking the helm, and Chief Financial Officer Wayne Apted stepping down.

Stepping in as interim CFO until a new one is found, is Manu Trivedi.

Cyprium Metals is a company focused on copper development and assisting the transition towards cleaner and green technology.


<WIRE> Redbubble (ASX:RBL) Forecasts FY24 Operating Expenditure To Be A$92 Mln to A$100 Mln

Online marketplace, Redbubble (ASX:RBL), projects its operating expenditure for Financial Year 2024 (FY24) to lie in the range of A$92 million and A$100 million.

In addition to this, Redbubble expects the gross profit following its paid acquisition margin to fall between 23% and 26% in FY24.

The quarterly gross profit after a paid acquisition is A$26.5 million, reflecting a 14% hike compared to the Previous Corresponding Period (PCP).

Redbubble is on course to produce positive underlying cash flow for FY24.

However, the company anticipates trading conditions in key markets, most notably the U.S., to remain sluggish in the imminent future.

Redbubble is an e-commerce marketplace offering print-on-demand products based on user-submitted artwork.




<WIRE> Singular Health Appoints Denning Chong as Managing Director and CEO (ASX:SHG)

Singular Health Group (ASX:SHG) has announced the appointment of Denning Chong as their Managing Director and Chief Executive Officer.

Denning Chong now holds the top executive positions within the company, in continuing to spearhead future directions and strategies of Singular Health Group.

Singular Health Group is a healthcare focused entity, facilitating medical and health visuals via innovative technologies.


<WIRE> Whitehaven Coal (ASX:WHC) Welcomes Dismissal of Application for Judicial Review Proceedings by Federal Court

The Federal Court has dismissed an application for judicial review proceedings brought against Whitehaven Coal (ASX:WHC).

The legal proceedings are linked to two coal mine extension projects, which include Whitehaven Coal’s Narrabri Stage 3 Extension Project.

The Narrabri Stage 3 Extension Project, if implemented, would potentially extend the life of the mine from 2031 to 2044.

Whitehaven Coal is a company known for its involvement in coal mining.


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<WIRE> CI Resources (ASX:CI) Declares Franked Special Dividend of A$0.10 per Share

CI Resources declared a franked special dividend of A$0.10 per share, which is set to be paid out to shareholders in two equal tranches.

Additionally, the company announced a share buy-back plan of up to A$5 million, which will be undertaken in 2024.

CI Resources (ASX:CI) is a company involved in mining operations, primarily focused on phosphate extraction.

The company’s primary operations are located in Christmas Island, an Australian territory in the Indian Ocean.




<WIRE> BlueScope Steel (ASX:BSL) Plummets Following Morgan Stanley Downgrade

Shares in Australia’s BlueScope Steel (ASX:BSL) experienced a sharp fall, with as much as a 3.3% decrease, marking their largest intraday loss since September 18th.

This drop follows a forecasting downgrade by analysts at Morgan Stanley, who downgraded the steelmaker’s status to ‘underweight’ from ‘overweight’.

The respected investment bank also reduced BlueScope Steel’s price target to A$18 from A$24.

Morgan Stanley suggests potential risks associated with a softer Australian residential construction market.

The fall in share price signifies the company’s lowest level since September 27th.

Prior to the slump, BlueScope Steel’s stock had enjoyed a 16% increase this year, based on the last closing numbers.

BlueScope Steel is a leading manufacturer and supplier of steel products and solutions, predominantly in the Australian market.


<WIRE> Carbonxt (ASX:CG1) Sees Significant Improvement in Customer Receipts for September

Carbonxt (ASX:CG1), an environmentally-friendly firm, has reported an anticipated rise in receipts from its clients for the third quarter, projecting a substantial increase of 124% from the previous period.

This positive outlook in revenue, valued at A$5.3 million, is expected to resonate in the market if the projected gains maintain their current pace.

The company has allayed investors' concerns by demonstrating cost efficiencies resulting from a decision to simplify operations.

This strategic move has facilitated the acceleration of construction and development at their activated carbon product facility in Kentucky.

Carbonxt’s share value is hitting impressive highs not seen since the beginning of October last year.

Even though the overall stock performance is down 16.7% this year-to-date, it is poised for a potential rebound.

Carbonxt is a cleantech company specializing in the production of activated carbon products.