Latest Commodity Prices News

Rio Tinto and Glencore have entered preliminary talks about a possible all-share merger via a Court-sanctioned scheme of arrangement, though no firm offer has been made. The mining giants have until early February to decide on progressing the deal.

Alkane Resources delivered a robust December quarter with 43,663 ounces of gold equivalent production and a significant increase in cash and bullion holdings to A$246 million. The company maintains its FY2026 production guidance amid ongoing exploration and development.

LinQ Minerals has reported a significant 144m intercept grading 1.0g/t gold equivalent at The Dam, near its Gidginbung open pit in New South Wales, confirming continuous high-grade mineralisation over a 300m strike. Further assay results are pending, underscoring the potential of the Gilmore Project's southern zone.

Manuka Resources is gearing up to recommence gold and silver production in the Cobar Basin by mid-2026 while awaiting a pivotal regulatory decision on its large-scale iron sands project in New Zealand.

EQ Resources has reported a significant 33% increase in tungsten production for the December quarter, coinciding with record-breaking tungsten prices that continue to climb into 2026.

Coda Minerals has clarified that its recent share price and volume spike is driven by rising copper and silver prices, with no undisclosed company information influencing the market.

FireFly Metals has doubled its Share Purchase Plan to A$10 million following overwhelming investor interest, boosting total funds raised to nearly A$247 million to accelerate drilling and studies at its Green Bay Copper-Gold Project.

GreenTech Metals has responded to an ASX price query following a sharp rise in its share price, confirming no undisclosed information beyond prior announcements. The company highlights its recent acquisition and a strong market for platinum group elements as context.

Panther Metals has completed a $315k shortfall placement, bolstering its funding as it plans deeper drilling at Burtville East and initiates a strategic review of its Coglia project in response to soaring cobalt prices.

Western Gold Resources has approved the Decision to Mine for its Gold Duke Project, marking a key shift from exploration to production with first gold targeted in early 2026.

Fenix Resources’ latest Scoping Study outlines a robust plan to ramp up Weld Range iron ore production to 10 million tonnes per annum by 2031, extending mine life to 2042 with significantly reduced costs and strong financial returns.

Central Petroleum has secured strategic interests in the Cooper and Otway Basins through binding agreements with ADX Energy, setting the stage for a multi-million dollar expansion and planned drilling campaigns in 2026 and 2027.