Latest Financials News

Pantera Lithium Limited has agreed to sell its Smackover Lithium Project subsidiary to Energy Exploration Technologies Inc. for A$40 million, significantly strengthening its financial position and strategic exposure to U.S. lithium assets.

New World Resources Limited has formally recommended shareholders accept Kinterra Capital's unconditional $0.067 per share takeover offer, following the withdrawal of a competing bid. The offer represents a substantial premium over recent trading prices and includes provisions for option cancellations and accelerated vesting of performance rights.

Mastermyne Group forecasts a significant revenue decline for FY25 due to mine suspensions and closures but reports a stronger net cash position and early signs of operational recovery.

Falcon Metals has reported extraordinary high-grade gold intersections at its Blue Moon Prospect in Victoria, alongside promising exploration progress in Western Australia and ongoing challenges at its Farrelly Mineral Sands Project.

Leo Lithium Limited reported a net cash outflow of A$3 million in operating activities for Q2 2025 but maintains a robust cash balance of A$53.3 million, supporting its operations for the foreseeable future.

Leo Lithium has received the final US$177.6 million payment from Ganfeng for its Goulamina stake and is advancing multiple lithium hard rock acquisitions, aiming to relist on the ASX.

Kingston Resources Limited reported a positive operating cash flow for the June 2025 quarter, ending with AUD 6.25 million in cash and a solid funding runway supported by a secured loan facility.

Vanadium Resources Limited has raised A$1.2 million through an oversubscribed placement to support its near-term production ambitions and convert outstanding debt into equity, strengthening its balance sheet.

Kingston Resources has completed the $95 million sale of its Misima Gold Project, bolstering its balance sheet and enabling accelerated growth at its Mineral Hill mine in NSW. The company reports strong operational progress and promising high-grade drilling results.

Metals X delivered its third highest quarterly tin production at Renison, improved cash flow, and expanded its strategic footprint with a $5 million investment in Elementos and a partial offer for Greentech shares.

Paterson Resources has secured heritage clearance and reported promising metallurgical results at its Grace Gold-Copper Project, setting the stage for a significant drilling campaign to upgrade its resource estimate.

Kali Metals bolsters its Pilbara gold project with new tenement acquisitions and exceptional rock chip assays, setting the stage for its inaugural drilling campaign. The discovery of the Churchill Gold Prospect extends the mineralised corridor to nearly 3km.