Latest Market Conditions News

Chariot Resources has broadened its Nigerian lithium acquisition by adding a key small-scale mining licence and converting three leases to mining leases, extending the acquisition timeline and increasing regulatory costs.

Australian Oil Company Limited has completed its first crude oil lifting from the Emu Apple Oil Field, marking a key step in its Surat Basin development with steady production and active exploration underway.

Kingsgate Consolidated has secured royalty and water rights for its Nueva Esperanza silver-gold project in Chile, removing significant financial burdens and unlocking development potential.

Locksley Resources has secured an option to acquire the Iron Duke Copper & Gold Project in NSW, enhancing its district-scale strategy near Tottenham with high-grade mineralisation and multiple drill-ready targets.

Advanced Energy Minerals is ramping up its Quebec high purity alumina plant to 3,000 tpa by mid-2026, with plans to double capacity to 6,000 tpa by 2029 amid a tightening global market and supply deficit.

Synlait Milk announces CEO Richard Wyeth's resignation effective end of June, with Acting CEO Leon Fung appointed immediately to steer through ongoing operational challenges.

Marimaca Copper Corp. reported a robust cash position of $147.7 million in Q1 2026, driven by a C$409 million equity raise, supporting ongoing development of its Marimaca Project in Chile.

Grange Resources edges closer to a long-term mining lease extension for its Savage River North Pit Underground Project, but funding challenges emerge as a major shareholder pulls back support amid volatile markets.

Barminco, Perenti's underground mining arm, has landed a significant A$850 million contract at Bellevue Gold Project, expanding its Australian footprint and requiring A$75 million growth capital in FY27.

Elevra Lithium's updated scoping study for its North American Lithium mine expansion reveals a faster ramp-up to 338 ktpa spodumene concentrate with stable costs and a significant increase in project value.

EV Resources’ maiden drilling at Los Lirios reveals a broad, shallow antimony carbonate replacement system with promising high-grade intercepts, setting the stage for a potential bulk-tonnage open-pit development and a maiden JORC resource by Q3 2026.

Almonty Industries reported a 221% jump in Q1 2026 revenue to CAD 25.4 million, driven by soaring tungsten prices and ramp-up at its Sangdong Mine, while net loss narrowed to CAD 5.3 million amid strong operational cash flow.