Latest Strategy Changes News

Pilbara Minerals reported steady spodumene production and a 30% revenue increase in the September quarter, driven by higher lithium prices and improved operational efficiencies. The company also outlined growth plans amid market volatility.

Miramar Resources has exercised its option to acquire 100% of Exploration Licence E25/654, a strategic move linked to the sale of its Randalls Project to Future Battery Minerals. This acquisition reinforces Miramar's commitment to advancing its mineral exploration footprint in Western Australia.

Enegex Limited is set to acquire Famien Resources, gaining a substantial gold exploration portfolio in Côte d’Ivoire, backed by a $5 million placement and the appointment of seasoned explorer Paul Roberts as Managing Director.

Basin Energy has completed its acquisition of NeoDys Limited, gaining a dominant landholding in northwest Queensland rich in uranium and rare earth elements. The company is poised to commence maiden drilling on three district-scale targets backed by government funding and recent capital raising.

Perenti Limited has successfully refinanced and expanded its syndicated debt facility to A$650 million, improving terms and extending maturities to support future growth and operational liquidity.

Altitude Minerals has been awarded an $80,000 NSW Government grant to co-fund drilling at its T55 copper-gold porphyry target, advancing exploration at the Byrock Project in New South Wales.

thl reported a tough FY25 with a 45% drop in underlying profit and a statutory loss, but is charting a strategic turnaround while rejecting a $2.30 per share acquisition offer.

Tourism Holdings Limited (thl) reported a challenging FY25 with a significant profit decline but is confident in a growth rebound supported by international tourism recovery and strategic initiatives.

Australian Oil Company Limited has announced an $800,000 capital raising through a two-tranche share placement aimed at advancing its Californian oil and gas projects and exploring new growth opportunities.

Empire Resources has completed a 42-hole air core drilling campaign at its Yuinmery Project, targeting copper-gold mineralisation, with assay results pending. Recent reverse circulation drilling has already revealed encouraging copper-gold intercepts, underpinning the company’s exploration momentum.

Lloyds Banking Group reported a resilient Q3 2025 with a £3.3 billion profit, despite a significant motor finance charge and completed acquisition of Schroders Personal Wealth. The bank revised its 2025 guidance, reflecting steady income growth and strong capital generation.

Western Mines Group has completed a major capital raising, issuing over 16.5 million shares and unlisted options to fund expanded exploration at its Mulga Tank project.