Latest Commodities Market News

Macquarie Group Limited reported a 5% increase in net profit to A$3.715 billion for FY2025, driven by growth in asset management and banking segments alongside a robust capital and liquidity position.

Macquarie Group reported a 5% rise in full-year net profit to A$3.715 billion for FY25, driven by growth across its diversified businesses and a solid capital position. The group’s assets under management reached A$941 billion, supported by strong home loan and deposit growth.

Macquarie Group reported a 5% increase in full-year net profit to A$3.7 billion for FY25, driven by strong second-half growth and robust asset management performance. The company declared a final dividend of A$3.90 per share and extended its share buyback program.

Macquarie Group Limited has posted a 5% increase in net profit for FY2025, driven by strong asset management and banking growth, while advancing its sustainability and digital innovation agenda.

Brookside Energy has mobilised completion operations at its Bruins Well in Oklahoma’s Anadarko Basin, targeting first production and sales in the second quarter of 2025.

Aguia Resources has marked significant progress at its Santa Barbara gold project in Colombia, achieving maiden gold pours and initiating extensive drill testing. Concurrently, the company secured a long-term phosphate processing lease in Brazil and completed a $1.5 million capital raise, positioning itself for expanded production.

Askari Metals has reported a significant 28% increase in its Burracoppin Gold Project resource, while advancing strategic acquisitions in Africa and completing a $1.1 million capital raise.

Larvotto Resources has completed key technical work on its Hillgrove DFS, incorporating a shift to dry tailings storage and capitalising on record gold and antimony prices, while exploration drilling delivers high-grade intercepts and the company strengthens its operational base.

QX Resources reported steady progress on its Queensland gold and US lithium brine projects while managing modest cash reserves and exploration expenditure in the March 2025 quarter.

Pacific Nickel Mines has paused operations at its Kolosori Nickel Project due to weak nickel prices and operational challenges, while negotiating critical financing with Glencore. The company remains in voluntary suspension on the ASX as it explores alternative business opportunities.

Ragnar Metals has identified significant geophysical anomalies linked to polymetallic mineralisation at its Swedish projects and is progressing a strategic $30 million acquisition of the Henty gold mine, positioning the company for growth in both energy metals and gold sectors.

Stonehorse Energy’s Q1 2025 report reveals Canadian wells outperforming production forecasts while revenue dips due to softer commodity prices. US operations show recovery, and the company intensifies Canadian business development amid market volatility.