Latest Market Conditions News

MyEco Group Ltd has reported a robust 32% increase in sustainable product sales for Q2 FY25, driven by a remarkable 156% jump in MyEco branded product sales. Despite negative operating cash flow due to inventory build-up, the company is poised for continued growth in the second half of the fiscal year.

Arafura Rare Earths has secured a pivotal A$200 million investment commitment from the National Reconstruction Fund Corporation, advancing its Nolans Project towards a final investment decision targeted for mid-2025.

Estrella Resources has reported significant manganese discoveries in Timor-Leste, highlighted by exceptional rock chip assays and promising geophysical survey results. The company is advancing towards its first drilling campaign, backed by recent capital raising.

Latitude 66 Ltd posted a $1.75 million net cash outflow for the December quarter, ending with $2.18 million in cash reserves. The company anticipates lower costs ahead and intends to sell shares valued at around $850,000 to fund ongoing activities.

Mineral Resources Limited reports steady progress in Q2 FY25, maintaining full-year guidance while advancing Onslow Iron towards full capacity and securing significant liquidity through strategic asset sales.

Carnarvon Energy has announced a strategic on-market buy-back of up to 10% of its shares, signaling confidence despite the recent deferral of its Dorado Development Project.

Bannerman Energy reports solid progress on its Etango Uranium Project with construction milestones met, a robust cash position, and a bullish uranium market backdrop.

Pioneer Lithium's Q4 2024 report highlights promising high-grade lithium assays at Root Lake, a key board appointment, and entry into Ontario's Junior Explorers Program, setting the stage for accelerated exploration.

Investors in Fat Prophets Global Property Fund have voted to wind up the fund, initiating a formal closure process and delisting from the ASX.

Xstate Resources reports steady oil and gas production while navigating ASX suspension and preparing for capital raising tied to a new project announcement.

Stavely Minerals reported a $1.593 million net cash outflow for Q4 2024 but plans to reduce exploration expenditure in the coming quarter to preserve its $2.673 million cash balance.

Volt Resources exceeded its graphite production goals in Q4 2024, producing over 800 tonnes at its Ukrainian Zavalievsky mine, while progressing development of its Tanzanian Bunyu Graphite Project and refining a novel US-based purification process.