Latest Finance News

Turaco Gold Limited has reported significant drilling success at its Afema Project in Côte d'Ivoire, confirming new gold discoveries and advancing its maiden JORC Mineral Resource Estimate to 2.52 million ounces. The company also secured $35 million in funding and increased its stake in the project to 80%.

Astron Corporation has made significant strides in developing its Donald Rare Earths and Mineral Sands Project, securing $14.5 million in funding and progressing towards a Final Investment Decision in 2025 amid key regulatory and operational milestones.

NoviqTech's December quarter report reveals a strategic $1.05 million capital raise, a significant HBAR token purchase, and expanding partnerships that position the company at the forefront of blockchain-powered sustainability solutions.

Codeifai Limited reports a sharp 59% reduction in quarterly cash burn alongside a 48% rise in cash receipts, driven by its new ConnectQR SaaS platform and a strategic review of its Material Science division.

Orion Minerals Ltd reported a net cash outflow in its December 2024 quarter, reflecting ongoing investments in exploration and project development. The company plans to secure additional funding in 2025 following the completion of critical feasibility studies.

Connexion Mobility reports a robust half-year performance with 15% revenue growth and a 43% jump in net profit, driven by product innovation and expanding dealership engagement.

Meteoric Resources NL has reported a significant update to its Caldeira Rare Earth Project, highlighting improved financial metrics and exceptional drilling results that reinforce its position as a low-cost rare earths producer.

Adveritas Limited reports a robust 28% increase in quarterly cash receipts and a 79% jump in annualised recurring revenue, driven by expansion in sports betting and new eCommerce ventures.

Metal Bank Limited reported a net cash outflow of $161,000 for the December 2024 quarter, maintaining $1.2 million in cash reserves supported by recent financing activities.

Estrella Resources has secured $3.75 million through a share placement to fund its upcoming drilling program in Timor-Leste, signaling renewed momentum in its exploration efforts.

Evolution Energy Minerals has initiated siteworks at its Chilalo Graphite Project in Tanzania, appointed George Donne as CEO, and identified a promising new copper-lead-zinc prospect, positioning the company for a Final Investment Decision in 2025.

Propell Holdings has reported its first half-year cash profit since its 2021 ASX listing, driven by loan book growth and new product launches, despite a Q2 operating cash outflow.