Latest Governance News

Pengana International Equities Limited reported a striking 189% increase in net profit for the half-year ended December 31, 2024, alongside an 11% portfolio return and consistent fully franked dividends.

E79 Gold Mines has successfully raised $1.8 million through a placement oversubscribed by more than double, aiming to fund exploration at its promising Laverton South Gold Project and bolster working capital.

Lithium Universe Limited’s Definitive Feasibility Study confirms the economic viability of its Bécancour Lithium Refinery, projecting robust returns even amid subdued lithium prices. The project aims to produce 18,270 tonnes per year of battery-grade lithium carbonate, leveraging proven Jiangsu technology and a counter-cyclical development strategy.

Mighty Kingdom has completed a strategic review, trimming $2.5 million in annual costs without disrupting current contracts and positioning itself for new revenue growth.

Smart Parking Limited has reported a robust half-year performance with a 20% increase in revenue and a 70% rise in net profit, driven by international expansion and operational growth across multiple markets.

Acorn Capital Investment Fund Limited has been suspended from ASX trading due to a delayed periodic report, raising questions about its compliance and investor transparency.

Cyclone Metals has secured a pivotal development agreement with Vale, unlocking up to USD 138 million in funding for the Iron Bear iron ore project in Canada and setting a clear path to production.

Prodigy Gold NL has unveiled its comprehensive exploration plans for 2025, targeting resource expansion at Hyperion and Tregony deposits while advancing development options at Old Pirate. The company aims to leverage drilling results and metallurgical studies to accelerate project development in the Northern Territory.

FBR Limited’s exclusive joint venture option with CRH Ventures for its Wall as a Service® offering in the US has expired without exercise, freeing the company to pursue independent financing and partnerships across key American markets.

IperionX has landed a $47.1 million contract from the U.S. Department of Defense to develop a domestic titanium supply chain, marking a significant step toward reducing reliance on foreign sources for this critical metal.

Larvotto Resources has modified its Hillgrove Antimony-Gold Project to adopt dry stacking for tailings, a move that promises environmental benefits and faster regulatory approval without impacting project economics.

Cosmo Metals has appointed Ian Prentice as Managing Director, tasking him with accelerating exploration at the promising Bingara and Nundle projects in NSW. Prentice’s extensive industry experience signals a strategic pivot towards unlocking value in underexplored assets.