Latest Market News

Mustang Energy has initiated a significant 2,000-metre diamond drilling campaign at the Surprise Creek Uranium-Copper Project in Canada’s Athabasca Basin, aiming to extend previously identified high-grade uranium mineralisation.

EMVision Medical Devices launches a $2 million Share Purchase Plan offering shares at a 16.4% discount, bundled with free options exercisable at $3.40, aiming to bolster clinical and commercial milestones.

Critica Limited reports strong preliminary beneficiation results from its Jupiter rare earths project, achieving consistent ~95% mass rejection and a 6–10x uplift in rare earth grades. A closed-circuit pilot plant is now under construction to optimise recovery and advance product development.

Dreadnought Resources has revealed a significant rare earth element discovery at its Stinger niobium deposit within the Gifford Creek Carbonatite, marking a new high-grade target in its Mangaroon Critical Metals project.

Rent.com.au reports strong early success with its RentBond® loan product, doubling loan volumes in September and drawing down a second $1 million tranche from its $10 million funding facility with Eldium.

Synlait Milk Limited reports a modest profit turnaround in FY25 and announces a major sale of its North Island assets to Abbott, aiming to reduce debt and sharpen its focus on core operations.

Synlait has agreed to sell its North Island assets to global healthcare giant Abbott for approximately US$178 million, marking a strategic reset focused on debt reduction and operational simplification. The deal, expected to close by April 2026, positions Synlait to concentrate on its South Island operations and explore new growth avenues.

Synlait Milk Limited reported an 11.7% rise in revenue to NZD 1.83 billion for the year ending July 2025, yet its net loss deepened sharply to nearly NZD 40 million, prompting a halt on dividends.

Gold Road Resources Limited shares have been suspended from the ASX following court approval of its acquisition by Gruyere Holdings Pty Ltd, marking a pivotal step in the gold miner’s corporate journey.

FBR Limited has successfully placed the shortfall from its recent Share Purchase Plan, raising an additional $288,910 through issuing over 64 million shares. This capital injection supports the company’s ongoing development of its innovative robotic technologies.

Venari Minerals has completed a $4.1 million placement, bolstering its efforts to advance key lithium and gold projects, including a maiden resource estimate at Red Mountain.

Warriedar Resources Limited (ASX, WA8) has moved closer to acquisition by Capricorn Metals Ltd (ASX, CMM) through a court-approved scheme offering Warriedar shareholders a significant premium. The transaction promises exposure to Capricorn's producing assets and diversification benefits.