Australia Breaking News

Dundas Minerals (ASX:DUN) has been granted of Mining Lease M24/1004 for the Capricorn Gold Project.

Viva Energy (ASX:VEA) announced a shift in its accounting strategy following a targeted review by the ASIC.

BluGlass (ASX:BLG) completed an upsized $8 million placement, signalling a major milestone.

NT Minerals (ASX:NTM) entered into a binding term sheet to acquire 100% of Slipstream Paynes Find.

Lode Resources (ASX:LDR) launched an 18-hole maiden drilling programme at its Rock Abbey Antimony prospect.

Economist and CEO Nouriel Roubini says the planned US naval blockade in the Strait of Hormuz is merely a "game of chicken" which Iran can outlast, and could allow Tehran to recover, keep oil prices higher and push global growth weaker. He speaks to Bloomberg's David Ingles at the Greenwich Economic Forum in Hong Kong.

Element 25 (ASX:E25) has completed a $18 million share placement for its flagship Butcherbird Manganese Project.

Lithium Plus Minerals (ASX:LPM) appointed veteran mining executive Andrew Haythorpe as its new CEO, effective April 13.

Silica sands developer Diatreme Resources (ASX:DRX) has announced the divestment of its Cape Flattery Silica Project.

K2 Asset Management's George Boubouras, Managing Director and Head of Research, Investments and Advisory, says that while the Iran conflict and naval blockade are driving sharp volatility, long term investors should look through the headlines rather than trade on every twist. He expects continued price and volume shocks to lift inflation and raise recession risks. but sees resilient underlying earnings in developed markets like the US.

ONYX Capital Group MD Jorge Montepeque says US President Donald Trump's threat to blockade the Strait of Hormuz 'makes no sense'. He speaks with Haslinda Amin on "Insight with Haslinda Amin."

Monash IVF Group (ASX:MVF) has entered a critical period of negotiation following a revised, non-binding indicative proposal from a high-profile consortium.