Latest Market Conditions News

Supply Network Limited reported solid FY2025 results with 15% revenue growth and expanded its branch footprint, setting sights on further growth despite upcoming operational changes.

Strike Resources signals potential for an additional A$5 million capital raise through oversubscriptions, pending board approval, with new shares under Tranche 2 set to follow the Share Purchase Plan issuance.

Whitehaven Coal has delivered a robust FY25 performance, exceeding production and cost guidance while managing market softness and advancing key projects.

Newmont Corporation reported a robust second quarter in 2025, highlighted by record free cash flow and a fresh $3 billion share repurchase program, while reaffirming its full-year guidance.

Mandrake Resources reports progress on its Utah Lithium Project, highlighting a 3.3Mt inferred lithium resource and new brine flow modelling to target high-grade zones. The company maintains a strong cash position while exploring strategic growth opportunities.

AVJennings Limited shares will halt trading following court approval of a takeover scheme by PM Nominees C Pty Ltd, marking a pivotal shift for the property developer.

Centrex Limited and its subsidiary Agriflex Pty Ltd have entered a Deed of Company Arrangement (DOCA) with PRL Group Limited set to acquire 100% of Centrex shares, pending court approval. An independent expert report values Centrex shares at nil on a liquidation basis, while mineral assets are valued at A$5.6 million.

APA Group has updated its dividend distribution details for the half-year ending June 2025, adjusting the NZD exchange rate and Dividend Reinvestment Plan share price, with payments scheduled for September.

Gibb River Diamonds has commenced grade control drilling at its Neta Prospect in Western Australia, moving closer to potential mining operations pending regulatory approval.

Merchant House International has completed the sale of its American Merchant, Inc. assets, generating significant profits and setting the stage for winding up operations and voluntary delisting from the ASX.

NOVONIX has entered a multi-tranche funding agreement with Yorkville Advisors to raise up to US$100 million through convertible debentures, supporting its Riverside facility build-out and commercial production ramp-up.

Karoon Energy reported a 25% jump in net revenue interest production for Q2 2025, driven by operational recovery and the Baúna FPSO acquisition. The company also advanced its Neon development with a significant resource upgrade.