Latest Market Conditions News

DY6 Metals reports encouraging metallurgical sampling results at its Tundulu rare earths project alongside strategic cost reductions and a successful loyalty options offer, positioning the company for focused exploration in Malawi.

K2 Asset Management has appointed longtime executive Hollie Wight as CEO, signaling a strategic push towards sustained profitability and diversified revenue growth in 2025.

Macquarie Investment Management Australia Limited has announced an estimated distribution of 3.9 cents per unit for its Income Opportunities Active ETF for the period ending 31 January 2025, outlining key dates for investors.

OM Holdings delivered a robust production update for Q4 2024, with ferrosilicon output rising sharply despite manganese ore price declines and operational challenges. The company also secured a top sustainability award and made significant debt repayments.

Entertainment Rewards Ltd has secured a pivotal amendment to its $22.5 million convertible loan, slashing interest costs and extending repayment terms to bolster its financial flexibility.

Burgundy Diamond Mines reported a dip in Q4-2024 production and revenue amid operational transitions but maintains a bullish outlook for 2025 driven by strategic mine development and market recovery.

US Masters Residential Property Group has restructured its US operations from a REIT to a C-Corp to enhance tax efficiency, aiming to reduce deferred tax liabilities and accelerate capital returns with a $200–225 million sales target for 2025.

Carnarvon Energy reports a robust cash balance of A$187 million amid delays in the Dorado project development following Santos' decision to pause FPSO acquisition. The renewal of Bedout Basin exploration permits offers a pathway to future drilling in 2026.

Leeuwin Metals Limited (ASX:LM1) has secured a transformative acquisition of the Marda Gold Project, significantly enhancing its portfolio with a high-grade gold asset in Western Australia. The company also announced a $3.25 million capital raising to fund extensive exploration across its Australian and Canadian projects.

Cokal Limited has formalised a US$7 million coal prepayment and offtake facility with Cratus Group, marking a pivotal step in accelerating coal production and infrastructure development in Central Kalimantan, Indonesia.

Metro Mining Limited delivered record bauxite shipments in Q4 2024, alongside a successful debt restructure and strong EBITDA margins, positioning the company for growth amid rising market prices.

Viva Energy delivered a slight increase in sales volumes for 4Q2024 and a record Commercial & Industrial segment performance, despite a disruptive refinery outage and challenging retail conditions. The company also secured key approvals for its Liberty Convenience acquisition, aiming for completion by March 2025.