Latest Equities News

EV Resources has secured a 70% stake in the Los Lirios Antimony Project, unveiling high-grade mineralisation and plans for a pilot plant to accelerate production. Leadership enhancements and portfolio rationalisation underscore its strategic pivot to critical minerals.

NT Minerals Limited reported a net cash outflow of A$84,000 for operating activities in Q2 2025, maintaining a strong funding position with A$1.46 million available to support ongoing exploration.

Galan Lithium has locked in a $20 million strategic placement and secured a key Argentine government incentive, positioning its Hombre Muerto West project for production in early 2026.

Everest Metals Corporation Ltd reported a cautious cash flow update for Q2 2025, highlighting ongoing exploration costs and a funding runway of just under two quarters. The company has completed bulk sampling at its Revere Gold Project but faces continued negative operating cash flows.

FireFly Metals reports exceptional drilling results at its Green Bay Copper-Gold Project, extending mineralisation well beyond current resources. Backed by a substantial A$145 million capital raise, the company is poised for a resource update and advancing mining studies.

Nex Metals Explorations has moved closer to finalising a joint project agreement for its Kookynie Tailings Project while navigating leadership changes and securing fresh capital to fund growth.

Miramar Resources has completed a significant aircore drilling program at its Gidji JV Gold Project and secured government co-funding for geophysical surveys at its Bangemall projects, supported by a recent $1.8 million placement.

Beach Energy reported a 9% rise in FY25 production to 19.7 million barrels of oil equivalent and a 13% increase in sales revenue to $2 billion, driven by strong basin performances and the Waitsia LNG project. However, a significant $674 million impairment charge due to lower commodity prices and reserves revision at Beharra Springs tempers the upbeat results.

Golden Horse Minerals reported a solid cash position of A$14.955 million for the June quarter, supported by a recent capital raising and plans for an additional $8.1 million raise pending shareholder approval.

Sprintex has advanced a promising trial with a major Dutch agribusiness, potentially unlocking €4.8 million in sales, while also securing a significant private-label contract in China’s booming aquaculture sector.

MAC Copper Limited shareholders will vote on a court-sanctioned scheme of arrangement proposing Harmony Gold’s acquisition at a 32% premium. The transaction, valued at over $1 billion, requires shareholder and regulatory approvals before completion.

Latitude 66 Limited has agreed to sell its 17.5% interest in the Greater Duchess Copper Gold Joint Venture to Carnaby Resources for A$6 million, combining cash and shares. This strategic move frees up capital for Lat66 to focus on its exploration projects in Western Australia and Finland.