Latest Financial Position News

Santana Minerals has reported a robust Pre-feasibility Study for its Bendigo-Ophir Gold Project, lifting the after-tax NPV to A$1.2 billion and IRR to 76%, as it progresses detailed engineering and fast-track permitting in New Zealand.

Horizon Gold advances its Gum Creek Gold Project with ongoing diamond drilling and a major upcoming RC drilling campaign aimed at upgrading its 2.14 million ounce gold resource. The company also strengthens its balance sheet following a strategic share sale.

Fortescue Metals Group has delivered its highest ever half-year iron ore shipments of 97.1 million tonnes, alongside a notable 10% reduction in hematite production costs, underscoring operational strength and advancing decarbonisation efforts.

Rhythm Biosciences reported a strong December quarter, securing a $3.2 million R&D tax incentive and completing a strategic acquisition of Genetype assets, positioning the company for commercial expansion in cancer diagnostics.

Powerhouse Ventures Limited reports a robust quarterly performance with a notable uplift in net tangible assets to 10.4 cents per share, driven by strategic acquisitions and active investment management.

Core Lithium reports steady progress on its Finniss lithium project restart study, backed by a solid $50 million cash position and promising lithium and gold drilling results.

Netwealth Group Limited has reported a record $4.5 billion in net inflows for the December 2024 quarter, marking a 69.8% increase year-on-year and driving its funds under administration past $100 billion.

Firebrick Pharma has made notable progress expanding its Nasodine nasal spray in Singapore, securing major distribution and marketing agreements that set the stage for retail sales growth in 2025.

Nexus Minerals reports significant exploration success at its Wallbrook Gold Project with two new gold discoveries and robust assay results from a recent aircore drilling campaign. The company plans further drilling to expand these promising targets.

S2 Resources reports promising exploration advances across multiple projects, including new targets at Warraweena and West Murchison, ongoing drilling at Glenlogan, and the launch of three new Victorian gold projects. The company maintains a solid cash position to support its $1.5 million planned expenditure next quarter.

Iceni Gold Limited reports significant expansion of the Guyer gold anomaly at its 14 Mile Well Project, unveiling robust gold mineralisation across a broad footprint. The company prepares for a major reverse circulation drilling campaign backed by Gold Road Resources.

Mount Gibson Iron reported a stronger December quarter with increased iron ore shipments and cashflow, while preparing for a potential accounting impairment due to recent price fluctuations.