Latest Commodity Prices News

GrainCorp Limited reported a strong first half with revenue up 21% to $4.09 billion and net profit rising 17% to $58.1 million, prompting an increased dividend and share buy-back program.

Future Metals NL has announced a partially underwritten entitlement offer aiming to raise approximately AUD 2.64 million to support development of its Eileen Bore Project and working capital needs. The offer opens to eligible shareholders on 15 May 2025 and closes on 30 May 2025.

Bass Oil Limited has announced a $3.1 million rights issue to fund key projects including recommissioning a gas facility in Australia and drilling an oil well in Indonesia, aiming to significantly increase production and cash flow.

West African Resources has commenced mining and crushing at its Kiaka Gold Project in Burkina Faso, maintaining its schedule and budget for first gold production in the third quarter of 2025. The project’s progress signals a significant boost to the company’s annual gold output.

Star Minerals has appointed ResourcesWA to manage the mine approval process for its Tumblegum South Gold Project, setting a clear path to commence mining by Q1 2026 amid strong gold prices.

VHM Limited has launched a partially underwritten equity placement and share purchase plan to fund the development of its Goschen rare earths and mineral sands project, targeting production by late 2026.

High-Tech Metals Limited has announced a $1 million pro-rata entitlement issue, offering shares at $0.15 each alongside free listed options, aiming to fund exploration at its Mt Fisher - Mt Eureka Project and strengthen working capital.

Capral Limited reported steady 2024 financial results with solid profitability despite softer residential markets, while announcing board changes and continuing its share buy-back program.

SciDev Limited reported a robust Q3 FY25 with revenue rising 10% and EBITDA tripling, driven by strategic US market expansion and a landmark PFAS remediation contract despite ongoing market challenges.

Blackstone Minerals and IDM International have agreed to an all-scrip merger to combine their critical minerals projects, including the Mankayan Copper-Gold Project in the Philippines. The scheme awaits shareholder and court approval, promising a diversified portfolio and enhanced market presence.

Larvotto Resources has released a definitive feasibility study for its Hillgrove Antimony-Gold Project, confirming robust economics and a targeted production start in 2026. The study outlines an 8-year mine life with strong margins and advanced project financing talks.

Western Yilgarn Limited has secured a significant new gold exploration area near the Glenburgh Gold Project in Western Australia, positioning itself alongside established players like Benz Mining Corp. The company is set to begin detailed geological and geophysical assessments to unlock the region’s potential.