Lake Resources NL (ASX:LKE) Quarterly Activities Report - ABN Newswire (@ABN_Newswire) abnnewswire.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abnnewswire.net Daily Mail and Mail on Sunday newspapers.
Why the Lake Resources (ASX:LKE) share price is storming higher
This ASX lithium share is charging higher of late.
Aaron Teboneras has been a Motley Fool contributor since early August 2020. After graduating from RMIT University with a Business degree, Aaron spent most of his years either travelling or working in various industries. Aaron’s most notable appointments include National Australia Bank, and Computershare where he discovered his passion for the Australian sharemarket. Outside of researching and writing for Motley Fool, Aaron enjoys trekking on adventures across the world and learning new life skills.
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Proactive news headlines including GTI Resources, Cyclone Metals, Danakali, Mako Gold and Legend Mining
May 19, 2021 02:24 ET | Source: Proactive Investors Proactive Investors London, UNITED KINGDOM
Sydney, May 19, 2021 (GLOBE NEWSWIRE) Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:
Great Boulder Resources Ltd (ASX:GBR) has received binding commitments for a single tranche placement to raise $5.5 million at a price of 8 cents per share. Click here
GTI Resources Ltd (ASX:GTR) has logged historic uranium results from the Henry Mountains Uranium & Vanadium Project in Utah, USA, ahead of a surface drilling program scheduled for July. Click here
FTSE 100 nursing triple digit loss as Wall Street slumps and cryptocurrencies plunge
Companies
FTSE 100 nursing triple digit loss as Wall Street slumps and cryptocurrencies plunge
Global markets under pressure on inflation fears, while digital currencies slide after latest Chinese clampdown
FTSE 100 down 104 points
US stocks slide
3.21pm: Cryptocurrencies drop by a quarter
It is not just stock markets heading lower, so too are cryptocurrencies.
But the falls there are of a different order.
Bitcoin dropped by around 25% to below US$32,000 at one point today, and has now fallen more than 50% since its record highs.
It means the digital currency has also lost all the gains it made since Tesla’s billionaire boss Elon Musk revealed in February that the company had purchased around US$1.5bn worth of Bitcoin.