Latest Market Impact News

Central Petroleum has signed a binding Letter of Intent with Northern Territory's Power and Water Corporation to fast-track drilling of four wells and establish long-term gas supply agreements through 2034.

Suzerain Investment Holdings has declared its takeover offer for Entertainment Rewards Limited unconditional, now holding a 90.88% stake and urging remaining shareholders to accept before the December 31 deadline.

Estrella Resources has reported outstanding high-grade manganese assay results from its Ira Miri prospect in Timor-Leste, with grades reaching as high as 58% manganese and strong continuity across multiple drill holes. These findings reinforce the project’s potential as a significant sedimentary manganese deposit.

Metallium Ltd has secured a strategic partnership with ElementUSA to deploy its Flash Joule Heating technology for recovering gallium and scandium from red mud in Louisiana, backed by US$10.1 million in non-dilutive funding. This collaboration positions Metallium at the forefront of the US critical minerals supply chain expansion.

Locate Technologies has secured court approval for its scheme of arrangement, marking a pivotal shift as its shares suspend trading on the ASX ahead of a planned delisting and NZX listing.

Andean Silver Limited reports significant high-grade silver-gold drilling results at its Cerro Bayo Project in Chile, extending mineralisation beyond existing resources near key processing infrastructure. These findings set the stage for a resource update in the first half of 2026.

The ACCC has opposed IAG’s proposed acquisition of RAC Insurance in Western Australia, citing concerns it would stifle competition and lead to higher premiums and reduced product quality.

Dreadnought Resources has reported impressive high-grade results from recent drilling at its Stinger target, part of the Mangaroon Project in Western Australia, highlighting significant rare earths, niobium, titanium, scandium, and phosphate mineralisation.

Progress 2020-1 Trust has completed the redemption of its A$920 million Class A Floating Rate Notes, leading to their suspension and removal from the ASX Official List.

Locate Technologies secures court approval to transition its holding company to a newly listed New Zealand entity, marking a significant restructuring and ASX delisting.

Charter Hall Group is set to execute a capital reallocation of 42.28 cents per security, shifting capital from its limited company shares to property trust units without cash exchanges. This move, approved by securityholders, carries important tax implications for investors.

Pengana Private Equity Trust has announced an on-market buy-back of up to 10% of its ordinary units, signaling a strategic move in capital management starting late December 2025.