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<WIRE> Coal Miner Coronado Global (ASX:CRN) Takes a Tumble Following Barrenjoey's Guidance Downgrade

Analysts at Barrenjoey have trimmed the 2023 saleable volumes guidance for Australia’s coal miner, Coronado Global (ASX:CRN), to 16.2Mt.

This matches the lower end of the guidance range.

Following the revision, Coronado Global (ASX:CRN) saw its shares fall 4.3% to A$1.7.

Moreover, Barrenjoey has elevated the 2023 unit costs guidance to $99 per tonne.

On Monday, Coronado Global had adjusted its outlook for the remainder of 2023 due to unfavorable operational conditions at its Buchanan mine and unexpected repair needs at its Curragh mining complex.

Coronado Global (ASX:CRN) had its FY23 EPS expectations by the company slashed by 26% by the analysts, however, the price target remains at A$1.70.

The coal miner’s stock had dropped 10.8% this year as of its last closing.

Coronado Global is a coal producer with mining complexes in Buchanan and Curragh.


<WIRE> Dag W.R. Stromme Assumes Role of Chair at Titomic (ASX:TTT)

Titomic (ASX:TTT) has confirmed that Dag W.R.

Stromme has officially assumed the role of Chair.

Additionally, the company’s Managing Director, Herbert Koeck, is expected to relocate to Europe before the end of the year.

The current Chair, Humphrey Nolan, will continue his involvement with the company, serving as a non-executive director.

Titomic is an innovative industrial tech company specializing in big-scale additive manufacturing and high-performance metal powders.


<WIRE> Blue Energy (ASX:BLU) Announces Sapphire Pilot Operations & Company Update

Blue Energy (ASX:BLU) has provided an update on Sapphire pilot operations.

The company has recommenced the production of water from Sapphire pilot, but the lateral wells remain shut.

Presently, no gas is being produced on the surface.

They have also shared plans for the extension of the shut-in duration by another week.

Currently, the Sapphire pilot’s water production stands at 60BBL/D.

Blue Energy is an Australian energy company that specilizes in the exploration, evaluation, and development of energy resources.



<WIRE> Orora (ASX:ORA) Announces Signing of Saverglass Share Purchase Agreement

Orora (ASX:ORA) has made an announcement regarding the signing of a share purchase agreement with Saverglass.

The completion of this acquisition is projected to take place in the last quarter of the calendar year 2023.

Saverglass SAS and Orora (ASX:ORA) have jointly proceeded to enter into a mutually agreed form of binding share purchase agreement.

Orora (ASX:ORA) is a company that manufactures and distributes packaging products for a variety of industries, including food, beverage, pharmaceutical, and industrial sectors.


<WIRE> Identitii (ASX:ID8) Files Patent Infringement Claim in United States

Fintech firm Identitii (ASX:ID8) has lodged a patent infringement claim in the United States.

The company’s grievance is centered around ‘Onyx by JP Morgan Chase,’ which allegedly infringes on Identitii’s U.S.

patent.

To contest the infringement, Identitii has employed the Californian law firm Bunsow de Mory LLP to act as their representative.

The litigation funding, Identitii states, will not affect the company’s standard working capital requirements.

Additionally, they note that the patent infringement claim should not interrupt the forward momentum of their core strategy.

Identitii is an innovative fintech company specializing in delivering efficient, secure payment solutions.


<WIRE> Zip Co Announces Establishment of a Small Shareholding Sale Facility (ASX:ZIP)

Zip Co announced it will establish a small shareholding sale facility.

This will support shareholders who hold less than A$500 worth of fully paid ordinary shares.

The initiative enables eligible Zip Co shareholders to sell their small shareholdings, relieving them from having to act through a broker.

The company anticipates this move will catalyze the sale of small shareholdings and, in doing so, reduce the administrative costs associated with managing a multitude of such investments.

Zip Co (ASX:ZIP) is a leading player in the financial technology sector, providing various payment and credit services to customers.


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<WIRE> Intelligent Monitoring (ASX: IMB) Acquires 3,100 Security Customers of 'Securely' Brand from Electra Services

Intelligent Monitoring (ASX: IMB) has announced an important acquisition.

The company has entered into a binding agreement to purchase 3,100 security customers of the ‘Securely’ brand from Electra Services.

The financial aspect of this deal involved Intelligent Monitoring doling out $NZ290 per customer.

The acquisition is expected to be immediately earnings accretive.

Intelligent Monitoring is a company that specializes in offering advanced security solutions.




<WIRE> Genesis Minerals Reports September Quarter Gold Production Of 34,066Oz At Leonora Site (ASX:GMD)

Genesis Minerals (ASX:GMD) stated that their September quarter gold production reached a total of 34,066 ounces at the Leonora site.

The strategic review being carried out at Leonora is continuing as expected.

In addition, the company anticipates a gradual increase in production at the Leonora site.

Genesis Minerals is a company involved in the exploration and development of mineral properties, mainly focusing on gold and uranium.