Latest Market Capitalization News

New Hope Corporation reports steady coal production but a 27% drop in EBITDA amid falling prices and rail constraints, prompting revised FY25 guidance.

Peak Rare Earths is poised for acquisition by Shenghe Resources in a deal valuing the company at A$150.5 million, supported by a A$7.5 million entitlement offer to fund ongoing development and transaction costs.

Kinetiko Energy has spudded a new production test well in South Africa, aiming to unlock a substantial 6.0 TCF conventional gas resource that could ease the country’s energy crisis. Optimized drilling techniques are expected to overcome earlier flow challenges, accelerating the path to commercial gas production.

Kincora Copper Limited reports a strategic pivot to a project generator model, unlocking over A$110 million in partner funding and advancing multiple copper-gold exploration projects across Australia and Mongolia.

Lunnon Metals’ Managing Director Edmund Ainscough is set to present the company’s latest exploration milestones, highlighting the promising Lady Herial gold discovery and robust nickel assets in Western Australia.

Sabre Resources has completed the sale of its Ninghan Gold Project to Capricorn Metals, receiving $1.85 million in initial consideration plus ongoing royalties and milestone payments.

Wide Open Agriculture secures $2.6 million via placement and plans a $500,000 Share Purchase Plan to fast-track its expansion into China and boost global sales of its lupin protein products.

ARC Funds Limited has secured $1.4 million through equity and debt to complete a strategic acquisition of a majority stake in The Term Deposit Shop, expanding its footprint in Australia's term deposit market.

DeSoto Resources is set to commence a major drilling campaign across its dominant landholdings in Guinea’s prolific Siguiri Basin, leveraging historic high-grade gold results and a seasoned exploration team to unlock new discoveries.

Somerset Minerals has completed its acquisition of the high-grade Coppermine copper project in Nunavut, Canada, and is set to begin a maiden exploration campaign backed by a $2.39 million capital raise.

Hammer Metals has identified promising high-grade gold targets adjacent to the multi-million-ounce Bronzewing mine, setting the stage for a significant drilling campaign at its Yandal Gold Project in Western Australia.

Recce Pharmaceuticals reports strong Phase II clinical trial results for its topical anti-infective R327G, achieving a 93% efficacy rate in treating ABSSSI, alongside a significant capital raise to fund upcoming Phase III trials.