Latest Strategy Changes News

The ACCC has decided not to oppose Insurance Australia Group’s proposed acquisition of RACQ Insurance, finding that competition in Queensland’s motor and home contents insurance markets remains robust despite the deal.

BetMakers Technology Group reports a strong FY25 trading update, driven by enhancements to its Apollo racing suite and preparations for the GTX wagering platform launch, signaling robust momentum heading into FY26.

Constellation Resources has withdrawn its initial entitlement offer and launched a revised plan to raise $2.52 million by issuing new shares at a lower price, aiming to fund exploration and working capital.

Fortescue Metals Group updates on the Iron Bridge magnetite project, projecting a steady ramp-up to full capacity by FY28 with operational improvements driving production and cost efficiencies.

Moho Resources has completed the sale of its Empress Springs Project, securing an initial payment of $408,500 with a deferred $300,000 to follow next year, reinforcing its asset optimisation strategy.

Rapid Lithium Limited has agreed to acquire two high-grade silver projects in New South Wales, adding nearly 35 million silver equivalent ounces to its portfolio. The deal, valued at A$6.5 million, signals a strategic diversification into critical minerals amid a robust silver market.

Hawsons Iron Ltd confirms the technical viability of a fully dry processing circuit for its Hawsons Iron Project, promising cost and environmental benefits. An updated prefeasibility study and maiden ore reserves are expected soon.

Atlantic Lithium has announced the discovery of spodumene pegmatite with high-grade lithium assays at its Agboville and Rubino licences in Côte d’Ivoire, marking a significant expansion beyond its flagship Ghana project.

Lincoln Minerals’ Kookaburra Graphite Project has delivered battery-grade graphite purity exceeding 99.95%, confirming its suitability for lithium-ion battery anodes through a safer, hydrofluoric acid-free process.

West African Resources reports exceptional high-grade gold intercepts from diamond drilling below existing reserves at its M1 South underground mine, signaling a potential boost to its resource base and long-term production outlook.

Stavely Minerals is set to restart reverse circulation drilling at its Fairview gold prospect in Western Victoria, aiming to validate a major mineralised structure linked to high-grade copper-silver zones nearby. This move reflects a strategic pivot towards gold exploration in response to soaring gold prices.

Australian Agricultural Company Limited (AACo) reported a 14% rise in operating profit to $58.4 million for FY25, driven by increased sales volumes and disciplined cost control despite challenging market conditions. The company also marked a significant reduction in statutory loss, signaling improved financial resilience.