🔥 Tuesday 1 July 2025 Tue, 1 July 2025

MRG Metals has achieved a pivotal milestone with the granting of the Corridor South 11137 Mining Licence in Mozambique, setting the stage for production within 12 to 18 months under its fully funded Corridor Sands Project.

Critica Limited has appointed Jacob Deysel as CEO to accelerate development of its Jupiter Rare Earth Project, signalling a strategic shift from exploration to production readiness. Deysel’s extensive global mining experience and rare earths expertise position the company for its next growth phase.

SportsHero Ltd has inked a US$1 million agreement with PLDT Inc, the Philippines’ largest telco, to distribute its iGV Family Game Pass, marking a major milestone in its Southeast Asian expansion.

Asian Battery Metals PLC confirms significant extensions of high-grade copper-nickel-platinum group element mineralisation at its Oval Discovery in Mongolia, bolstering prospects for a large-scale magmatic sulphide system.

Saturn Metals has reported a new zone of thick, high-grade gold intersections at its Apollo Hill project, significantly enhancing its exploration potential. The newly defined 'Iris Zone' shows promising mineralisation open along strike and down plunge.

Challenger Gold Limited advances its Hualilan Gold Project towards early production via a toll milling agreement starting in late 2025, underpinned by a robust 2.8 million ounce gold equivalent resource and strong project economics.

Orthocell Limited has posted a record quarterly revenue of A$2.73 million, driven by strong Australian sales of its nerve repair product Remplir™, with US market expansion poised to accelerate in FY26.

Energy World Corporation Ltd plans to convert $440.5 million of debt into shares at a significant premium, reshaping its capital structure and boosting major shareholders’ stakes. Concurrently, the company announces key leadership changes to steer its next growth phase.

HMC Capital has delayed the Neoen VIC Portfolio acquisition settlement by one month, secured a $200 million mezzanine financing facility, and announced a strategic merger of its renewable energy platforms under new leadership.

Brazilian Critical Minerals Ltd has successfully demonstrated in-situ recovery (ISR) of rare earth elements at its Ema project using an environmentally friendly magnesium sulfate leaching process, marking a pivotal step toward sustainable, low-cost rare earth production.

Sky Metals reports fresh high-grade tin intercepts from ongoing drilling at its Tallebung project, expanding the deposit and reinforcing its low-cost production potential.

Aldoro Resources has reported significant assay results confirming a substantial northward extension of mineralisation at its Kameelburg Niobium and Rare Earth Elements deposit. The company is also expanding its drilling program and acquiring new rigs to deepen exploration.

Adriatic Metals has officially declared commercial production at its Vareš Silver Operation in Bosnia and Herzegovina, overcoming earlier operational hurdles. This milestone sets the stage for steady output and stronger cash flow.

Biome Australia has reported record-breaking sales revenue for FY25, driven by strong domestic demand and promising international expansion. The company is on track to deliver its first full-year net profit and meet ambitious growth targets.

Noronex Limited’s first diamond drilling program at the Fiesta Copper Project in Namibia reveals significant copper and silver mineralisation at depth, expanding the project’s scale and geological understanding. Funded by South32 under an earn-in agreement, ongoing drilling promises further insights.

OMG Group Limited has reported record monthly sales of $602,000 in June 2025, driven by surging ecommerce demand and strong operational cashflow, positioning the company for continued growth in FY26.

IAG has revised its FY25 financial guidance upward, citing a $200 million reduction in expected natural perils costs, including significant claims from recent NSW floods. This update lifts profit and margin forecasts amid steady premium growth.

Santana Minerals has unveiled an updated Pre-Feasibility Study for its Bendigo-Ophir Gold Project, revealing lower capital costs, higher gold grades, and robust financial returns that position the project as a low-cost, high-margin operation in New Zealand.

Future Battery Minerals has revealed significant shallow gold intercepts and broad surface anomalies at its Burbanks East Project, with drilling at the nearby Miriam Project scheduled to start in July 2025.

Paradigm Biopharmaceuticals has locked in a $27 million USD convertible note facility to fully fund its pivotal Phase 3 trial for knee osteoarthritis, ensuring operational momentum through key clinical milestones.

Santana Minerals has released an updated Pre-Feasibility Study for its Bendigo-Ophir Gold Project, showcasing robust economics with a 13.8-year mine life and strong production profile. The study highlights significant capital efficiency improvements and a refined mining strategy.

Proteomics International, alongside key partners, is investing $6 million to expand the WA Proteomics Facility, aiming to establish a nationally accredited platform for industrial-scale protein biomarker analysis in medicine and agriculture.

Stellar Resources is expanding its drilling program at the Heemskirk Tin Project following strong high-grade tin results, aiming to significantly grow its mineral resource and advance project development.

Next Science Limited has agreed to sell most of its assets to Demetra Holdings for US$50 million, with plans to return an estimated US$30 million net proceeds to shareholders pending approval.