Latest Commodities Market News

Macquarie Bank Limited has posted a robust FY2026 result, with net profit attributable to ordinary equity holders soaring 74% to AUD 6.011 billion, underpinned by strong performances in its Banking and Financial Services and Commodities and Global Markets divisions.

Charger Metals is advancing its Lake Johnston and Bynoe projects with growing lithium resources and high-grade gold discoveries, benefiting from a strong upswing in lithium and gold prices.

Critical Resources Limited (ASX:CRR) has initiated a pro-rata entitlement offer of Loyalty Options priced at $0.001 each, aiming to raise $319,410 and potentially $2.56 million upon exercise. The offer underscores significant dilution and operational risks amid ongoing exploration and legal challenges.

Athena Resources is raising $3.5 million through a discounted share placement backed by major investors to fast-track drilling and feasibility at its Narryer magnetite project.

Flynn Gold has offloaded its Forrestania and Lake Johnston projects to Forrestania Resources for $350,000 in shares, sharpening its focus on Tasmanian gold, tungsten, and silver ventures.

Toro Energy shareholders face a pivotal vote on a takeover scheme by IsoEnergy, offering a near 80% premium and access to a diversified uranium portfolio across Australia, Canada, and the US.

KGL Resources has secured a US$300 million streaming agreement with Wheaton Precious Metals, unlocking early construction funding for its Jervois Copper-Silver-Gold Project. The updated Baseline Economic Model highlights robust returns with a post-tax NPV8 of A$839 million and a 30% IRR, underpinning the path to production.

Cyprium Metals has made substantial progress on its Nifty Copper Complex restart, targeting copper cathode production by September 2026 while securing A$41 million to fuel exploration and growth.

Bannerman Energy has locked in a landmark US$321.5 million strategic investment from CNNC Overseas Limited, enabling debt-free construction of its Etango Uranium Project and setting the stage for a Final Investment Decision in H2 2026.

Elementos Limited has made significant strides in developing its tin and tungsten assets, with progress on Oropesa’s permitting and a major resource upgrade at Cleveland. A $29.5 million strategic placement bolsters its balance sheet for upcoming milestones.

Golden State Mining Limited has reinforced its leadership and maintained disciplined exploration efforts across its Western Australian projects, holding a cash balance of $1.3 million at the end of March 2026.

The L1 Global Long Short Fund (ASX:GLS) faced a challenging March quarter amid the Iran War-driven oil supply shock but maintains strong performance since inception through active portfolio adjustments and thematic focus on copper, gold, and infrastructure.