australia -

Australian miner opens options-based hedge

October 9, 2024October 10, 2024David Rutman

An A$800 million Australian mining company announced this week it is hedging exposure to gold and diesel prices for production in the 2025 calendar year. Pantoro, which referred to the move as a “gold price protection facility” fostered by options covering about 24% of 2025 production, opened the trade without any premium payment made to […]

Stroke drug developed by Australia from spider venom could save lives

January 19, 2024January 19, 2024Arsen Mayer

Venom from poisonous spiders can kill, but – incredibly – it could also save lives. A spider-venom molecule being investigated by a team from the University of Queensland in Brisbane, Australia, has met critical benchmarks towards becoming a treatment for heart attacks and strokes. Prof. Nathan Palpant and Prof. Glenn King from the university’s Institute […]