Latest Commodities News

The week was split between big earnings reactions and small-cap rocks-and-rigs rallies. Pro Medicus sank despite record numbers, while a handful of explorers jumped on fresh discoveries and policy wins.

Explorers led the Materials tape as fresh drill stories and new ground deals pulled buyers into small caps. Big miners still delivered, but the loudest moves came from companies offering investors a near-term catalyst.

Takeover chatter lit up Pepper Money, while Identitii ran hard after a regulator stepped in. At the other end, AMP slid despite higher profit, as investors weighed leadership change and legal costs.

Felix Gold Limited has confirmed significant extensions to gold mineralisation at its NW Array prospect in Alaska's Treasure Creek, with high-grade assay results and broad gold halos around antimony veins. The mineralised system remains open for further expansion, supporting the company's dual-commodity strategy.

Alkane Resources has reported record-breaking financial and operational results for the first half of FY2026, driven by strong gold and antimony production across its expanded three-mine portfolio. The company’s robust cash flow and profit position set a confident tone for meeting full-year guidance.

Alkane Resources Ltd has reported a remarkable half-year surge in revenue and profit, driven by its strategic merger with Mandalay Resources Corporation and soaring gold prices.

Cobre Limited has had its trading suspension lifted immediately following the announcement of a significant acquisition and capital placement, signalling a pivotal moment for the base metals miner.

South32 Limited reported a 29% rise in profit for the half year ended December 2025, driven by higher base and precious metals prices and solid operational performance. The company declared a fully-franked interim dividend and maintained its FY26 production guidance, while advancing key projects and managing portfolio transitions.

Lefroy Exploration has launched its inaugural toll milling campaign at the Lucky Strike Gold Mine, with first gold production expected by mid-February amid strong gold prices. The company is also advancing drilling to expand the mine’s footprint.

Rumble Resources has reported significant high-grade gold intercepts extending mineralisation at Western Queen South to over 500 metres down plunge, alongside strong early drilling results at Western Queen Central. These findings underpin an updated gold resource estimate planned for later this year.

Yugo Metals has reported promising initial drilling results at its Kovacevac prospect, revealing high-grade polymetallic mineralisation that could underpin a resilient multi-commodity project.

DPM Metals Inc. delivered record revenues and earnings in 2025, driven by higher metal prices and stable production, while completing the strategic acquisition of Adriatic Metals plc, adding the Vareš polymetallic mine to its portfolio. The company outlines a robust three-year growth plan focused on expanding production and exploration.