Latest Market Conditions News

Hawthorn Resources has completed an 8000m drilling program at its Anglo Saxon gold project, with assay results due soon to inform a new pit optimisation study. Meanwhile, the company benefits from a 1% royalty on the Mt Bevan magnetite project as JV partners progress development plans.

Cyprium Metals has completed a transformative A$80 million capital raise to fund the phased restart of copper production at its Nifty Copper Complex, positioning the company for operational progress and exploration growth.

Vanadium Resources Limited is advancing its Steelpoortdrift project with fresh leadership, a successful equity raise, and a strategic pivot towards higher-margin concentrate production alongside direct shipping ore.

Noumi Limited reported a 9.0% increase in revenue to $162.4 million for Q1 FY26, driven by strong growth in Dairy and Nutritionals and Milklab plant-based milks, while successfully closing legacy legal matters.

Burgundy Diamond Mines suspends Point Lake operations due to tariff-driven price pressures but extends mine life at Misery and highlights strong economics for Fox Underground.

Eureka Group Holdings reports a transformative year marked by a 29% increase in rental units, a landmark acquisition in Perth, and a strong development pipeline, setting the stage for significant earnings growth in FY26.

Terra Critical Minerals (ASX, T92) broadens its critical minerals portfolio with new US initiatives and promising exploration in New South Wales and Canada. The company also pursues a US OTC listing to tap North American capital.

Vulcan Steel reported a sharp profit decline in FY25 amid tough market conditions but strengthened its balance sheet and expanded into roofing with a major acquisition. Leadership changes set the stage for renewed growth.

KGL Resources has raised A$11 million through a placement led by institutional investors, including Resource Capital Fund, to advance enabling works at its Jervois Copper Project ahead of a Final Investment Decision.

Income Asset Management has issued 34 million new equity-linked securities to key staff, potentially diluting shares by 3.7%, aiming to better align employee rewards with shareholder value.

Kingsrose Mining advances exploration in Norway’s Finnmark region with new geophysical anomalies, while navigating permitting challenges in Finland and focusing on strategic M&A under new leadership.

Rivco Australia Limited reported a steady quarterly performance with NAV growth and declared its 17th consecutive increasing dividend, while progressing its strategic internalisation.