Latest Capital Allocation News

Winsome Resources has terminated its option to acquire the Renard Project, choosing instead to focus on advancing its flagship Adina Lithium Project amid shifting market conditions.

Resource Development Group, majority-owned by Mineral Resources, has entered voluntary administration after a funding request was declined. Mineral Resources plans to support the process but will record a significant impairment in FY25.

Mineral Resources Limited’s majority-owned Resource Development Group has entered voluntary administration, prompting MinRes to prepare for a significant non-cash impairment in its FY25 results. The unfolding administration process raises questions about the future of RDG and its impact on MinRes shareholders.

Trek Metals has accelerated its exploration at the Christmas Creek Project with expanded drilling revealing promising high-grade gold mineralisation and a newly discovered gold nugget field. Backed by a $3.5 million capital raise and government co-funding, the company is poised for further breakthroughs.

Australasian Metals Limited has reported encouraging progress at its Queensland gold and bauxite projects, highlighted by promising gold assays and elevated gallium grades, while maintaining a solid cash position of $3 million with no debt.

Infinity Lithium Corporation has decided against exercising its option on Dart Mining's gold and base metals projects, opting instead to concentrate on advancing its wholly owned Cobungra gold-silver project in Victoria.

Aldoro Resources has confirmed a major expansion of its Kameelburg polymetallic deposit in Namibia, doubling the mineralisation footprint and enhancing drilling capabilities to deepen resource definition.

Metals X delivered its third highest quarterly tin production at Renison, improved cash flow, and expanded its strategic footprint with a $5 million investment in Elementos and a partial offer for Greentech shares.

Whitehaven Coal has delivered a robust FY25 performance, exceeding production and cost guidance while managing market softness and advancing key projects.

Newmont Corporation reported a robust second quarter in 2025, driven by higher gold prices, successful divestitures of non-core assets, and strong operational performance, reinforcing its financial strength and strategic focus.

Intelligent Monitoring Group delivered a robust Q4 FY25 with $17 million in operating cash flow and plans an on-market share buy-back amid strong earnings growth and strategic acquisitions.

Newmont Corporation reported a robust second quarter in 2025, highlighted by record free cash flow and a fresh $3 billion share repurchase program, while reaffirming its full-year guidance.