Latest Financials News

Western Gold Resources reports promising early drilling results and a significant upgrade to its Gold Duke Project economics, supported by a $6.75 million capital raise to fund production.

Grand Gulf Energy progresses its Petroleum Exploration Licence application offshore Namibia and advances seismic survey planning for its Red Helium project, while exploring strategic partnerships to enhance growth.

Elevra Lithium has completed a transformative merger and maintained robust production at its North American Lithium operation, while unveiling a compelling expansion plan that could boost output by 55% and slash costs.

Strike Energy has made significant strides in its integrated gas-to-power strategy, advancing the South Erregulla Peaking Gas Power Station and securing a major $86 million investment from Carnarvon Energy. The company also confirmed a substantial 180 PJ contingent resource at Ocean Hill, positioning itself strongly in Western Australia's evolving energy market.

Moab Minerals has upgraded its Manyoni uranium project resource estimate by 25%, enhancing its uranium inventory and advancing plans for low-cost mining. The company also expanded its portfolio with a new copper-gold acquisition in Zambia, signaling a strategic diversification.

West Coast Silver has reported spectacular high-grade silver intercepts at its Elizabeth Hill project in the Pilbara, triggering a fully funded Phase 2 drilling campaign. The company closed the quarter with a strong cash position following a $6.1 million placement.

QPM Energy has made significant strides in advancing its 112MW Isaac Power Station, securing major financing and operational milestones that position it well for mid-2027 commissioning.

Ardiden Limited has agreed to merge with Lac Gold Limited, acquiring the advanced Rouyn Gold Project and creating a well-funded dual-asset gold explorer with a combined resource of 1.66 million ounces. The deal, backed by strong shareholder support and a $10 million capital raise, positions Ardiden for growth in two Tier-1 Canadian jurisdictions.

Sarytogan Graphite Limited has secured major engineering contracts for its Definitive Feasibility Study, setting the stage for construction in 2027. The project’s strategic importance under the EU Critical Raw Materials Act highlights its role in the battery minerals supply chain.

VRX Silica Limited has entered a conditional contract to acquire the Arramall farm site adjacent to its Arrowsmith North project, aiming to reduce capital and operating costs while shrinking its environmental footprint.

Siren Gold Limited has bolstered its leadership and financial position while delivering encouraging exploration results across its New Zealand gold and antimony projects, setting the stage for resource expansion and development progress.

Cedar Woods Properties has raised its FY26 net profit guidance to 15% growth, driven by a surge in presales hitting a record $763 million. The company’s strong pipeline and strategic acquisitions position it well amid a tight housing market.