Latest Commodities News

Odessa Minerals advances its Lyndon Project with promising base metal assays and uranium exploration, backed by a $1.15 million capital raise and a strategic board appointment.

Basin Energy has completed its acquisition of NeoDys Limited, gaining a dominant landholding in northwest Queensland rich in uranium and rare earth elements. The company is poised to commence maiden drilling on three district-scale targets backed by government funding and recent capital raising.

LGI Limited has secured $56.2 million through a fully underwritten institutional placement and a Share Purchase Plan to fast-track its renewable energy projects and expand operating capacity beyond 80 MW. The capital raise underpins the company’s strategic growth in landfill biogas recovery and battery storage solutions amid rising energy market volatility.

Magnum Mining & Exploration is advancing its strategic critical minerals projects with a focus on U.S. production and high-grade rare earth exploration in Brazil, backed by recent capital raising and government-aligned permitting efforts.

Black Canyon Limited reports robust September quarter progress at its Wandanya manganese and iron project, revealing extensive high-grade mineralisation and securing $10 million to accelerate development.

Fortuna Metals is advancing exploration at its Mkanda and Kampini projects in Malawi, aiming to define a significant rutile resource by late 2026. Early drilling and sampling have revealed encouraging titanium mineralisation, positioning the company in a globally critical minerals hotspot.

Southern Cross Gold reports a major breakthrough at its Golden Dyke prospect with a 168-meter high-grade gold-antimony mineralized intersection, hinting at a vast, connected system with Rising Sun. The discovery underscores the strategic value of the Sunday Creek project amid critical mineral supply concerns.

Dreadnought Resources has secured $18 million to fast-track its Mangaroon and Illaara gold projects, while boosting its Star of Mangaroon resource by 36% and unveiling significant rare earth discoveries at Gifford Creek.

Deterra Royalties announces the resignation of CEO Julian Andrews by year-end, with Non-executive Director Jason Neal stepping in as interim CEO amid a search for a permanent replacement.

Kali Metals has identified a new high-grade gold prospect at its Marble Bar Project, extending the gold strike length to 3km, while maintaining a robust cash balance of A$5.13 million following a recent capital raise.

GR Engineering Services Limited reported a robust FY25 with revenue climbing to $479 million and EBITDA surging to $57.2 million, supported by successful project completions and an expanded contract pipeline. The company declared a higher fully franked dividend and maintains a strong cash position as it looks ahead to FY26.

Cokal Limited’s PT Bumi Barito Mineral has resumed limited mining operations and appointed PT Harapan Mitra Lestari as its mining contractor, while upgrading logistics infrastructure to support future production growth.