Latest Commodities News

Province Resources Limited reported a stable cash position of $9.27 million in its December 2024 quarter, while continuing discussions on its HyEnergy® project and evaluating new gold and commodity opportunities.

Otto Energy delivered a solid Q4 2024 with a 6% rise in production and a 4% increase in revenue, supported by operational improvements and disciplined cost management. The company also navigates a pending ATO ruling on a significant shareholder capital return.

Alliance Nickel Ltd has completed a definitive feasibility study for its NiWest Nickel-Cobalt Project, revealing strong financial metrics, increased ore reserves, and strategic collaborations with global automakers. The project is positioned to become a low-cost, sustainable supplier of high-purity nickel and cobalt for the burgeoning electric vehicle market.

Helios Energy has made significant strides in advancing its flagship Presidio Project in Texas, confirming substantial hydrocarbon resources and strengthening its leadership and financial position.

Blaze Minerals secures a 60% stake in Gecko Minerals Uganda, completes initial drilling at Mityana, and raises $1.25 million to fuel exploration of critical metals in Uganda.

Venus Metals Corporation reports compelling gold assay results from its Henderson and Sandstone projects, alongside advancing mining lease applications and maintaining a robust cash position of $12.4 million.

Askari Metals reports significant exploration advances across its Australian gold and copper projects and secures a new uranium project in Tanzania, supported by fresh funding and leadership updates.

Stonehorse Energy Limited outperformed production forecasts in Q4 2024 despite a revenue dip caused by weak natural gas prices, while advancing new project negotiations in Canada and the US.

Torque Metals delivers standout drilling results at its Paris Gold Project, confirming high-grade gold zones beyond existing resources, while bolstering its portfolio with new gold and lithium tenements and a successful $1M share placement.

Vintage Energy Ltd has launched a $2.1 million entitlement offer, issuing 417.3 million new shares and free attaching options to fund a production uplift program targeting scale accumulation in its Southern Flank gas fields.

Almonty Industries has locked in final commitments for an AUD 18.45 million equity placement from existing shareholders, aiming to strengthen its financial position and cover offer costs. The placement includes warrants and options, with closing pending regulatory approval.

CuFe Ltd has completed the sale of its JWD iron ore rights and Crossroads gold royalty, while forging a strategic alliance to advance copper and gold projects in Tennant Creek. These moves position the company for focused exploration and development in 2025.