Latest Commodities News

Santos Limited reports a 31% drop in net profit for H1 2025 despite increased sales volumes and progress on key projects, while receiving a non-binding acquisition proposal from an Abu Dhabi-led consortium.

Haranga Resources has secured regulatory approvals and begun underground works at its Lincoln Gold Project, setting the stage for a maiden drilling campaign aimed at upgrading a significant historical gold resource to JORC standards.

Navigator Global Investments (NGI) reported a strong FY25 with record earnings driven by robust revenue growth and strategic investments, reinforcing its unique position in alternative asset management on the ASX.

Alfabs Australia Limited reported a robust 76% jump in net profit for FY2025, driven by mining equipment hire and new profit centres, while planning a significant $31 million capital expenditure for FY2026.

Sun Silver Limited reports significant antimony mineralisation in historic drillhole MR127 at its Maverick Springs Project, reinforcing plans for a maiden antimony resource alongside its established silver-gold system.

Critical Resources Limited has significantly expanded its Mavis Lake Lithium Project in Ontario through strategic acquisitions, enhancing its position in North America's lithium supply chain. Recent drilling results and multi-commodity prospects underscore the project's growth potential.

Perenti Limited has reported record-breaking financial results for FY25, with revenue surpassing $3.49 billion and a 21% increase in dividends. The company also provided optimistic guidance for FY26, underpinned by strong operational performance and a refreshed growth strategy.

Deterra Royalties Limited has sold its non-core La Preciosa silver royalties to Avino Silver & Gold Mines Ltd for US$22 million, securing a substantial pre-tax profit and reinforcing its strategic focus on core commodities.

IMDEX Limited posted a modest 3% revenue decline in FY25 but delivered a robust 15% rise in EBITDA and a striking 70% jump in net profit, driven by strong growth in digital and SaaS platforms. The company’s strategic acquisitions and sustained R&D investment position it well for future expansion.

Peninsula Energy Limited launches a fully underwritten A$69.9 million equity raising to support the ramp-up of its Lance uranium project in Wyoming, alongside a strategic operational reset and leadership overhaul.

Peninsula Energy has raised nearly A$70 million through a fully underwritten equity raise to fund a strategic reset and ramp-up of its Lance uranium project in Wyoming, accompanied by a significant revision to production guidance.

Golden Mile Resources has raised $510,823 through a discounted private placement to fund further exploration at its Pearl Copper Project in Arizona and pursue strategic acquisitions.