Latest Market Update News

Atturra reports FY26 underlying EBITDA in line with guidance despite softer revenue and announces a significant non-cash goodwill impairment tied to government contracts. The company plans substantial FY27 investment in AI, ERP, and education technology to drive organic growth.

Valiant Gold has successfully re-entered the Comet Underground Mine, uncovering better-than-expected conditions that could accelerate the mine's restart timeline. The company is progressing engineering and site works targeting 304,000 ounces from its 3.77Mt resource.

Tartana Minerals has received an unsolicited proposal from a global mining group offering a premium share placement and potential strategic partnership, but the board remains divided on the next steps.

Larvotto Resources rejects Austral Resources' non-binding bid for Hammer Metals, underscoring its binding scheme and operational strengths including imminent production at Hillgrove.

Element 25 has locked in a US$166 million grant from the U.S. Department of Energy to fund its Louisiana high-purity manganese sulphate monohydrate (HPMSM) facility, reinforcing its role in the evolving battery materials supply chain.

Advent Energy, in which MEC Resources holds a 37.95% stake, will challenge a Federal Court judgment on the PEP11 offshore gas exploration permit, with its subsidiary Asset Energy leading the appeal.

Neometals Ltd reveals ongoing delays in receiving A$5 million from Omaha Value Holdings for its Tranche 2 placement, with subscription funds now expected in multiple instalments. The company maintains its cash preservation measures amid uncertainty over final settlement timing.

Brambles Limited has lodged an appeal against a Federal Court judgment in a class action involving shareholders from 2016-2017. The company maintains insurance coverage and promises ongoing market updates.

Echelon Resources has crystallised A$15.7 million in cash from selling nearly 140 million Cue Energy shares to Horizon Oil, using the proceeds primarily to reduce debt and solidify its financial position.

Sierra Nevada Gold (ASX: SNX) reports 60% completion of its Phase 1 drilling at the As Safra copper-gold project in Saudi Arabia, with promising geological signs and ongoing government backing.

Tourism Holdings Limited has allowed the BGH-led consortium to conduct due diligence after a revised all-cash offer of NZ$3.10 per share. The Board remains cautious, with no recommendation or decision yet on the potential acquisition.

Invictus Energy confirms the Petroleum Production Sharing Agreement for its Cabora Bassa Project is material information disclosed promptly following government notification.