Latest Economic Outlook News

Albright Metals has confirmed and expanded gold and antimony mineralisation at its Golden Pike Project in New Brunswick, revealing promising intercepts that underpin a larger mineralised system. Follow-up drilling is planned to target high-grade antimony and further gold extensions.

Iron Bear Resources (ASX:IBR) has detailed progress on its Canadian Iron Bear Project, highlighting a robust scoping study, a major joint venture with Vale, and strategic advantages in a growing direct reduction pellet market.

Centaurus Metals’ Jaguar Nickel Sulphide Project in Brazil gains substantial Pará State tax incentives, including full exemptions and reductions on key operational costs, enhancing the project’s economic outlook ahead of a planned investment decision.

Southern Cross Media Group trims FY26 revenue and EBITDA forecasts amid tougher TV advertising conditions, initiating a major cost reduction program targeting up to 300 job cuts and $150 million in annual savings.

PhosCo has uncovered a substantial new phosphate zone at its KH prospect near the Gasaat plant site in Tunisia, confirming thick, shallow mineralisation that could enhance early production economics. Assays are pending ahead of a maiden resource estimate.

Savor Limited has swung back to profitability in FY26, delivering a net profit after tax of $1.3 million alongside its strongest operating margin ever at 14.5%. The hospitality group also reduced leverage significantly and is set to pay its first dividend, marking a milestone after years of losses.

Hammer Metals reports strong initial drilling results at its Kalman Critical Metals Project, confirming broad zones of copper, gold, molybdenum, and rhenium mineralisation and supporting a resource upgrade ahead of a Scoping Study.

Golden Horse Minerals has uncovered numerous high priority copper, cobalt, and uranium targets at its Sorrel Copper Project in the Northern Territory, setting the stage for an active dry season exploration campaign alongside a strategic review to maximise project value.

Coda Minerals has launched critical drilling and environmental programmes at its Elizabeth Creek Copper-Silver Project, underpinning its Pre-Feasibility Study and potential resource expansion.

Dateline Resources has delivered a comprehensive Bankable Feasibility Study for its Colosseum Gold Project in California, outlining a technically straightforward restart with strong financial metrics and a 10.4-year mine life producing 573,000 ounces of gold.

ADX Energy’s HOCH-1 well has been deepened to 1619 metres, revealing six new thin gas sand intervals below the primary Hall Formation target. Wireline logging scheduled for 8 May will verify reservoir quality and gas saturation, with production testing to follow if results confirm the discovery’s potential.

Sunstone Metals has affirmed the materiality of its Bramaderos Gold-Copper Project scoping study following an ASX compliance letter addressing unusual share price movements prior to the study's release.