Key News Overnight:
President Donald Trump said the U.S. will impose major new sanctions on Iran on Monday, days after he abruptly called off a plan for airstrikes against the Islamic Republic after Iran shot down a U.S. Navy drone.
Commodity markets await the much-anticipated meeting between the U.S. and Chinese presidents, expected on the sidelines of the G-20 meeting in Osaka at the end of next week.
The S&P/ASX 200 index may have finished last week on a disappointing note, but it still carved out an impressive gain of 1.5% last week. Not all shares in the benchmark index performed as strongly.
Gold is in the spotlight after its recent advance to a six-year high, prompted by its allure as a safe-haven as trade and political tensions rise and concerns grow over the health of the global economy. Gold topped US$1,400 an ounce on Friday.
A rebound in zinc supplies in China is curbing the appeal of the metal traded on the London Metal Exchange. LME zinc fell for a seventh straight week, the longest losing streak since late 2015.
In This Issue:
Ausdrill (ASL) | Large Botswana U/G contract | BUY | Analyst | Ian Christie
Paladin Energy (PDN) | Selling Kayelekera Interest | BUY | Analyst | Matthew Keane
Salt Lake Potash |Commencement of Commercial SOP Evaporation at Lake Way | Analyst | Michael Eidne
Botanix Pharmaceuticals (BOT)