Latest Competition News

Augustus Minerals has reported exceptional high-grade gold assays up to 50.3g/t Au from rock chips at its Clifton East prospect within the Music Well project, reinforcing the area’s significant exploration potential. The company is advancing geological mapping and planning drilling, supported by an AI-driven targeting study due in Q1 2025.

Indiana Resources has pinpointed promising titanium source rocks at its Carne Titanium Prospect in South Australia, setting the stage for a high-priority drilling campaign in 2025 alongside ongoing gold exploration.

Wildcat Resources has delivered a landmark Mineral Resource Estimate for its Tabba Tabba Lithium Project, positioning it as a major player in Australia’s lithium sector with a high-confidence 74.1Mt resource at 1.0% Li2O.

Vection Technologies has secured an additional $0.5 million in sales for its Algho AI platform, reinforcing its foothold in the European market and accelerating its integrated AI and XR strategy.

Pentanet Limited reports its first EBITDA positive quarter in FY25 Q2, driven by a successful 5G coverage expansion and strong growth in its NVIDIA Cloud gaming platform. The company is on track to double its 5G footprint this year, underpinning future profitability and market competitiveness.

Pentanet Ltd reported a positive cash flow from operations of $860,000 for the December 2024 quarter, maintaining a healthy cash balance of $2.22 million despite significant capital expenditures including a $1.6 million payment for a 5G spectrum license.

Regal Partners Limited reported a 4.6% rise in funds under management to $18 billion in Q4 2024, driven by record net inflows and acquisitions. The company’s diversified strategies and recent deals underpin a 64% annual FUM growth.

Scalare Partners reports robust progress in Q2 FY25, highlighted by a $4.3 million capital raise, expansion of its Tech Ready Women program, and a growing investment portfolio. The company is poised for its next growth phase with a strong cash position and a healthy pipeline of early-stage tech investments.

Zeus Resources has successfully placed the shortfall in its Priority Options Offer, bringing total funds raised to nearly $200,000. The move reflects solid shareholder backing ahead of the company’s next growth phase.

Latin Resources Limited has secured Supreme Court approval for its acquisition by Pilbara Minerals, setting the stage for a significant consolidation in the Australian mining sector.

Vinyl Group has successfully closed a fully underwritten retail entitlement offer, raising $7.65 million to complete its acquisition of Concrete Playground and strengthen its cash position.

Buru Energy is progressing steadily on its Rafael Project, aiming for commercial agreements in early 2025 and production by late 2027, while implementing significant cost reductions to sharpen its financial position.