Latest Market Conditions News

MC Mining reports a modest improvement in half-year losses despite declining coal production and revenue, while advancing its Makhado Project and suspending Uitkomst operations to curb cash losses.

Mount Hope Mining Limited has reported progress in its Mt Solitary gold prospect drilling while posting a $1.14 million loss for the half-year ended December 2025. The company’s exploration efforts continue to focus on resource growth in the southern Cobar Basin.

Aquirian Limited advances its Drillforce subsidiary with new technology and equipment while mutually ending a planned joint venture with Topgroup, who remains a strategic shareholder.

Forte Energy has completed a major acquisition of oil leases in Alaska’s National Petroleum Reserve, with technical work underway on the promising Harrier Prospect and cost-saving lease fee suspensions boosting near-term flexibility.

Australian Oil Company Limited has formalised a 12-month crude oil lifting agreement with IOR Energy for its Emu Apple Oil Field, paving the way for steady cash flow and further development in the Surat Basin.

Aura Energy has postponed its strategic transaction for the Häggån project due to an ongoing Swedish government inquiry into alum shale mining and current market conditions, while retaining full ownership and commitment to the project.

Challenger Limited has updated its dividend announcement, confirming the suspension of its Dividend Reinvestment Plan (DRP) for the current period. Shareholders will receive a fully franked cash dividend of AUD 0.155 per share on 24 March 2026.

Fortescue Ltd has set the allocation price for shares issued under its Dividend Reinvestment Plan at A$19.2518, following its recent interim dividend announcement. Shares will be issued on 30 March 2026, marking a key step in the company’s capital management strategy.

Mt Malcolm Mines has announced its first JORC-compliant Mineral Resource Estimates for the Malcolm Project, revealing a combined 13,200 ounces of gold at Golden Crown and Dumbarton prospects. The company outlines promising drilling plans to expand and upgrade these resources.

Liontown Limited has reported a 70% surge in lithium concentrate production and doubled revenue to $207.5 million in the half-year ending December 2025, completing its transition to 100% underground mining and resetting its balance sheet.

Resolute Mining has approved the final investment decision for its Doropo Gold Project in Côte d’Ivoire, initiating construction in the first half of 2026 and aiming to boost annual gold output beyond 500,000 ounces by 2028.

Gibb River Diamonds reports over 5,200 ounces of gold produced from its Neta Gold Project, generating nearly AUD 38 million in sales, with final processing results pending. The company anticipates a significant cash payment soon and plans further drilling at Edjudina.