Latest Economic Outlook News

Mayur Resources has unveiled significant progress on its Central Lime Project, including enhanced production capacity, favorable EPC bids, and advancing offtake negotiations, setting the stage for a Final Investment Decision.

Commonwealth Bank of Australia reported a 2.3% increase in cash NPAT for the half year ended December 2024, underpinned by disciplined lending growth and robust capital management. The bank maintained its leadership in customer engagement and digital innovation while navigating ongoing economic uncertainties.

Commonwealth Bank of Australia delivered a solid half-year performance with a 6% increase in net profit after tax and declared a fully franked interim dividend of $2.25 per share, underscoring resilience amid economic challenges.

Aeris Resources reported steady copper equivalent production and improved cost management in Q2 FY25, overcoming operational challenges at Tritton. The company advances resource development and feasibility studies, positioning for growth.

Dateline Resources has released a promising scoping study for its Colosseum Gold Project in California, projecting robust gold production and revenue. The company is now progressing to a bankable feasibility study while exploring innovative uses for mining waste in the concrete industry.

NH3 Clean Energy has successfully completed the Pre-FEED engineering phase for its WAH2 clean ammonia project, unlocking new opportunities for emissions and cost optimization while preparing for strategic partnerships.

European Metals Holdings has made significant strides in developing its Cinovec Lithium Project, announcing a strategic relocation of its processing plant and ongoing enhancements to production capacity and cost efficiency. The Definitive Feasibility Study is on track for mid-2025 completion, promising a clearer outlook on the project's economic potential.

Pure Resources Limited has made significant strides in its Reedy Creek Garnet Project, expanding the resource and delivering promising metallurgical test results that highlight the project's commercial potential.

Superior Resources Limited reports significant progress in its Steam Engine Gold Project and Bottletree Cu-Au-Mo Porphyry Prospect, while addressing assay errors that have delayed some results.

Coda Minerals has significantly enhanced the economic outlook of its Elizabeth Creek Copper-Cobalt Project, with a pre-tax NPV7 rising to $1.18 billion and a post-tax NPV7 increase of 57% to $802 million. The company also secured $5.1 million in fresh capital to accelerate exploration and drilling activities in 2025.

Emmerson Resources has announced a maiden Mineral Resource Estimate for its White Devil deposit, adding nearly 490,000 ounces of high-grade gold and expanding the Tennant Creek resource base by 130% to 866,000 ounces. This milestone sets the stage for accelerated development and potential reclassification of the deposit under the joint venture with Pan African Resources.

New World Resources has identified a significant gold-rich alteration zone at its Antler Deposit, promising to boost the project's resource base and economic outlook ahead of a planned resource update and DFS in late 2025.