Latest Block News

Embelton is seeking shareholder approval to leave the ASX, arguing that thin trading and annual listing costs of about $160,000 no longer justify the quotation. The company also proposes an $11 per share buy-back for other shareholders, subject to approval.

PMET Resources has increased contained caesium oxide at its Shaakichiuwaanaan project by 55% and added maiden rubidium and CV4 lithium resources. The update is designed to feed an updated feasibility study and broader economic assessment due before year end, but the new resources are not yet reserves.

Caprice Resources has declared a maiden 522,000-ounce JORC Mineral Resource at its Island Gold Project in Western Australia, including a 340,000-ounce high-grade component. The resource gives the company a quantified platform for growth, but nearly half the ounces remain Inferred and the project is not yet an Ore Reserve.

Dateline Resources and the US Government have separately asked the Ninth Circuit to stay the preliminary injunction blocking work at the Colosseum project while the underlying appeal proceeds. The application creates a fresh opportunity to resume activity, but does not itself lift the injunction.

Supermicro’s preliminary fiscal first-quarter sales nearly quadrupled year on year to US$19.9 billion, as net income reached US$1.59 billion. The company forecast fiscal 2027 revenue of US$72 billion to US$82 billion, although weaker sequential margins and negative operating cash flow add important qualifications.

Prudential Financial delivered lower third-quarter adjusted earnings as a sales suspension in Japan cut into an otherwise mixed performance. PGIM attracted strong third-party inflows and US annuity sales reached a record, but the company’s central earnings engine weakened year on year.

Block delivered a stronger-than-expected third quarter, lifting its 2026 guidance after gross profit rose 22% and adjusted operating income nearly doubled. The fintech is also placing a substantial bet on AI, lending and the connection between Square sellers and Cash App users.

Tivan has lifted the Indicated portion of its Speewah fluorite resource by 37% after 14,025 metres of drilling, clearing a key technical hurdle for mine planning and Ore Reserve work. The overall resource grew only 4%, leaving the next test firmly in project economics, metallurgy and funding.

Elixir Energy has reported materially stronger interim flow performance from Lorelle-3H after a 60-day soak, but a sand, scale and coal obstruction has interrupted the test. The company also received a $12.1 million R&D refund and repaid its debt facility, leaving a net cash inflow of $1.77 million.

Macarthur Minerals has secured a second Programme of Work approval for proposed bulk sampling at its Lake Giles Ularring Hematite Project. The milestone advances planning with Gold Valley and Destec, but the company stresses that it does not authorise mining, prove economic viability or amount to a final investment decision.

Superior Resources has expanded its Queensland exploration portfolio and advanced the Steam Engine gold project, but its annual report carries a material uncertainty over going concern. The company ended June with $1.31 million in cash after a $2 million placement and says further funding will be needed to continue exploration and development.

FBR has converted its first Mantis welding robot sale into a binding A$990,000 order and secured a North American distributor. The commercial progress comes alongside A$2.073 million of quarterly operating cash burn and a reported 0.12 quarters of funding at period end.