Latest Strategy Changes News

Australia United Mining reported a productive quarter at its Forsayth project with gold-silver output, but heavy rains forced a halt to mining activities. The company faces a tight cash position, relying on related party loans and potential asset sales to sustain operations.

Morella Corporation has advanced its Mt Edon Rubidium-Lithium Project towards drilling readiness, supported by strong metallurgical results and fresh funding. The company also initiated legal proceedings related to past asset sales, underscoring a busy start to 2026.

Kaili Resources has initiated a targeted Aircore drilling campaign across its Mallee Project tenements in South Australia, aiming to unlock rare earth element potential within the Loxton/Parilla Sands. This early-stage program follows promising regional exploration and seeks to refine future drilling focus.

3D Energi has confirmed two significant gas discoveries in the Otway Basin but now confronts a funding shortfall that has led to a trading suspension on the ASX.

Aureka Limited reports breakthrough high-grade gold assays at its Irvine and St Arnaud projects, alongside a successful $3.6 million capital raise to accelerate exploration in Victoria’s historic goldfields.

Lithium Universe’s Bécancour Lithium Refinery project in Québec is poised to capitalise on a sharp lithium price rebound, with current prices well above feasibility study forecasts. The company’s counter-cyclical development strategy is gaining momentum amid renewed market confidence.

HeraMED Limited has completed a $3.2 million placement to fund its global rollout of digital maternity care solutions, backed by new and existing institutional investors.

Highfield Resources has secured a A$10 million investment from existing strategic shareholders, extending its financial runway through early 2027 while awaiting a critical Spanish Supreme Court ruling on its Goyo mining permit appeal.

BWP Trust has agreed to sell the Chadstone Homeplus Homemaker Centre for $86.025 million, achieving a premium over its fair value and a strong internal rate of return since acquisition.

Hillgrove Resources has inked a binding deal with Heavy Minerals to extract garnet from Kanmantoo’s tailings, unlocking a fresh income source and extending the life of its tailings storage facility.

AUB Group Limited has announced the acquisition of a 95.9% stake in UK-based PIHL Holdings Limited (Prestige) for AUD 432 million, significantly expanding its UK retail insurance broking footprint. To fund this strategic move, AUB is launching a fully underwritten AUD 400 million institutional placement alongside a share purchase plan.

Magnetic Resources NL has upgraded its Lady Julie Gold Project resource to 2.24 million ounces, with over 80% now in the Indicated category, positioning the company closer to development readiness. The LJN4 deposit remains a standout as one of Western Australia’s largest and highest-grade undeveloped open pit gold deposits.